Cryptocurrency

Out of context: Reply #717

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  • Krassy3

    Binance Pauses USDC Withdrawals; Sees $3 Billion In Outflows Since Yesterday

    https://www.forbes.com/sites/nin…

    • once all this crypto is off exchanges.... essentially it's like having a text doc on your hd. absolutely useless as a money, as a thing you can go down to theshapesalad
    • launderette and use...shapesalad
    • I really hate crypto recently. I had blinkers on when I got into it... feel for that 'inflation' hedge nonsense. It's indeed rat poison squared.shapesalad
    • @shapesalad interesting to see you do a 180; what was it that changed your mind?Krassy
    • Other claim is was more like $6-7B
      40K BTC withdrawn
      grafician
    • https://www.youtube.…utopian
    • What changed my mind.. from years ago I couldn't get past the idea that with 1 bitcoin, you will only ever have 1 bitcoin. It doesn't pay a dividend.shapesalad
    • It's value is what the next person is willing to pay for it, in fiat dollars... so it's not solving anything it set out to solve.shapesalad
    • Add all the scams and the woke gender neutral purple haired individuals in the sector... plus listening to Jeff Snider's Eurodollar university plus...shapesalad
    • ... this year it has not been an inflation hedge. all that talk about limited supply etc... ok, but for this year, it has not worked. so when does bitcoin work?shapesalad
    • oh, hodl more, diamond hands... so it's an investment product, not a currency that works. in anycase I should have to think about money - in the sense of how itshapesalad
    • works. I don't want to be my own bank. I like my bank having security and insurance. So for me crypto.. no, want to focus more on design.shapesalad
    • *should have to think about money... *** correction.shapesalad
    • Good you've turned your life around @shapegrafician

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