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To: Enlightened1

Might as well have a portfolio with air.


2 posted on 03/12/2024 9:52:42 AM PDT by shanover (...To disarm the people is the best and most effectual way to enslave them.-S.Adams)
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To: shanover

It’s more like a tally stick on a computer. If people want to use it for trade then it’s worth something.

The dollar is truly air. The longer you keep a dollar in a savings account the less it’s worth.


10 posted on 03/12/2024 9:59:53 AM PDT by packagingguy
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To: shanover

What’s the P/E of Bitcoin?


16 posted on 03/12/2024 10:08:39 AM PDT by 1Old Pro
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To: shanover

currencies are ultimately currencies by dint of mutual agreement (voluntary or forced).


26 posted on 03/12/2024 10:15:41 AM PDT by xoxox
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To: shanover
my nephews wife became a certified crypto expert and all her facebook is full of people paying off mortgages, etc....

frankly, it scares me and our money is in our retirement funds and to take them out would be a tax burden....

33 posted on 03/12/2024 10:26:43 AM PDT by cherry
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To: shanover
Might as well have a portfolio with air

At least the IRS wouldn't notice.

Does the IRS know I have Bitcoin? Yes, the IRS can track cryptocurrency, including Bitcoin, Ether, and a huge variety of other cryptocurrencies. The IRS does this by collecting KYC data from centralized exchanges.

38 posted on 03/12/2024 10:38:03 AM PDT by 1Old Pro
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To: shanover


46 posted on 03/12/2024 10:43:55 AM PDT by Bobalu (I can’t even feign surprise anymore.)
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