If YOU would like to be on a CRYPTO PING LIST, please pm me.
The Crypto Ping List covers the following:
Bitcoin
Ethereum
Other coins built on the Ethereum blockchain mining
etc.
Thanks! For it - or ag'in it, it'll be a wild ride.
Posted on 03/11/2024 3:25:04 PM PDT by NoLibZone
These are not the first positive comments Trump has made as his presidential campaign ramps up, suggesting he no longer sees crypto as a threat towards his “America First” agenda or considers it cut from the same populist cloth.
I’m still convinced it is a scam. Until Christ comes and tells me that it was not a scam, I will believe it was a scam.
Invest in that crap if you so choose. I’ll keep my wealth in tangible assets thank you.
If YOU would like to be on a CRYPTO PING LIST, please pm me.
The Crypto Ping List covers the following:
Bitcoin
Ethereum
Other coins built on the Ethereum blockchain mining
etc.
Thanks! For it - or ag'in it, it'll be a wild ride.
How, then, is the fiat US dollar not a scam.
After the gold standard was abandoned it was backed by the "full faith and credit of the U.S. federal government," but that was before the U.S. government went feral.
I have physical gold and silver...much better plan in my mind. And has worked for hundreds of years.
It sure sounds like you'd best keep away from the evil stuff.
Willing to help you!
Send it to me and I'll make sure it is disposed of properly.
The fiat dollar is a scam but it’s here and it works for the moment
My problem with bitcoin is it represents a previously consumed value of power used to generate it
Over the past ten years or so, the compound annual return for silver is about 1/2%. For gold, it has barely kept up with inflation.
And I have a bunch of both.
The CAGR for bitcoin for the same period is somewhere around 75%.
Physical precious metals, Farm/Timber land, Lakefront property.
I have no idea what that means. Do you?
Trump is draining the swamp, and the only currencies that will be left standing, after the fall of ALL fiat, will be ISO20022, tier-1 backed, Basel III, QFS, NESARA/GESARA.
Last year my net yield was 9.2%, 8.7% this YTD.
Can you add me to ping list?
—> Can you add me to ping list?
You’re so in!
—> Can you add me to ping list?
You’re so in!
In other words … it’s a “scam” if you think it holds value, but it’s a perfectly good medium of exchange for current transactions.
I would point out that if you see the U.S. dollar this way, your best strategy is to build lots of dollar-denominated debt while investing in assets that are most likely to retain value over time no matter what happens to the value of the dollar.
Earlier this year, Morell called blockchain technology a “boon for surveillance” in a report, published by the Coinbase- and Square-led Crypto Council for Innovation. The report defended the cryptocurrency against claims that its best use case is for criminal enterprise. Instead, the public nature of transactions makes it an “underutilized forensic tool for governments to identify illicit activity.”
https://decrypt.co/87768/cia-confirms-rumors-working-cryptocurrency-projects
From a practical sense, Bitcoin is a decent substitute for wires/swift for money transfers.
There are too few ways to transact in native bitcoin, so that is a fail.
Its (and I am not casting aspersions) a speculative investment.
There are too many risks (govt regulators, competing crypto emerging that address bitcoin shortfalls are a couple of big ones) to state “its here to stay” in my opinion.
I believe you.
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