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To: C19fan

People might not be smart enough to ever understand cryptocurrencey. Investing in crypto and using crypto are two totally separate things. Using crypto for everyday purchases only has minor to nil chance of loss. Buying to invest is similar to investing in any third-world currency. You could make a mint, or lose your shirt.


12 posted on 02/07/2018 6:45:11 AM PST by freedomjusticeruleoflaw (Western Civilization- whisper the words, and it will disappear. So let us talk now about rebirth)
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To: freedomjusticeruleoflaw

“Using crypto for everyday purchases only has minor to nil chance of loss”

except the transaction costs have risen to $30-$50 per transaction, which makes it impractical to buy a coke from a vending machine, not to mention the instability of the coin “value” itself varying by 30% in a couple of hour like it did today. Tthus cryptocoins do not possess critical attributes to function as a currency.


23 posted on 02/07/2018 8:11:07 AM PST by catnipman ( Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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