Welcome to the Hardcore Husky Forums. Folks who are well-known in Cyberland and not that dumb.
For the Wine and Cheese Board Refugees
Options
Comments
-
You aren't as smart as Munger, me or even the coug. In fact, for someone with a mythical MBA you don't seem to understand much about business.HHusky said:
Well at least I wasn’t as grouchy as Munger.WestlinnDuck said:
As a mythical MBA you must have run across the idea of a stable currency to provide liquidity in commercial transactions and a store for wealth. Ideally that would be the US dollar but you voted for the dementia patient as the more fiscally responsible alternative who immediately informed the nation that Milton Friedman is no longer in charge and then debased the US dollar. Bitcoin is another solution and the other is gold. Holding depreciating dollars isn't.HHusky said:
Without being quite as grouchy as Munger, my question is this: what need or demand is crypto intended to satisfy?creepycoug said:
You've certainly got Munger out there grouching the ever loving shit out of crypto, tying it to a moral crisis of sorts. It's funny listening to that guy scream at the clouds. Something odd about a man with that much money and so little time left to be spending his time worrying about anything.HoustonHusky said:Bunch of Internet Half-Brains…
Looks like the squeeze is being put on Binance…will be curious how much longer it will hold up. Don’t think it will last too much longer before the Feds shut it down.
I think its days are definitely numbered. OTOH, this may be the buying opportunity that everyone said was permanently over. -
I let you and Gasbag fight that out.RoadTrip said:⅔
NoHHusky said:
So precious metal sans metal?creepycoug said:
Its market is for those who have no confidence in a given fiat currency, like say when the government who authorizes the currency as legal tender prints money as fast as the machines (or servers I guess) will run with no apparent link to the economy for which the currency is supposed to represent a proxy participation interest.HHusky said:
Without being quite as grouchy as Munger, my question is this: what need or demand is crypto intended to satisfy?creepycoug said:
You've certainly got Munger out there grouching the ever loving shit out of crypto, tying it to a moral crisis of sorts. It's funny listening to that guy scream at the clouds. Something odd about a man with that much money and so little time left to be spending his time worrying about anything.HoustonHusky said:Bunch of Internet Half-Brains…
Looks like the squeeze is being put on Binance…will be curious how much longer it will hold up. Don’t think it will last too much longer before the Feds shut it down.
I think its days are definitely numbered. OTOH, this may be the buying opportunity that everyone said was permanently over.
Or whatever. -
Even the coug? How insulting!WestlinnDuck said:
You aren't as smart as Munger, me or even the coug. In fact, for someone with a mythical MBA you don't seem to understand much about business.HHusky said:
Well at least I wasn’t as grouchy as Munger.WestlinnDuck said:
As a mythical MBA you must have run across the idea of a stable currency to provide liquidity in commercial transactions and a store for wealth. Ideally that would be the US dollar but you voted for the dementia patient as the more fiscally responsible alternative who immediately informed the nation that Milton Friedman is no longer in charge and then debased the US dollar. Bitcoin is another solution and the other is gold. Holding depreciating dollars isn't.HHusky said:
Without being quite as grouchy as Munger, my question is this: what need or demand is crypto intended to satisfy?creepycoug said:
You've certainly got Munger out there grouching the ever loving shit out of crypto, tying it to a moral crisis of sorts. It's funny listening to that guy scream at the clouds. Something odd about a man with that much money and so little time left to be spending his time worrying about anything.HoustonHusky said:Bunch of Internet Half-Brains…
Looks like the squeeze is being put on Binance…will be curious how much longer it will hold up. Don’t think it will last too much longer before the Feds shut it down.
I think its days are definitely numbered. OTOH, this may be the buying opportunity that everyone said was permanently over.
Yet cutting through all your pontification, it’s basically the same tired old “Buy Gold!” grift. As you FINALLY concede.
How much did they con you out of? -
There's no fight. You're just ignorant.HHusky said:
I let you and Gasbag fight that out.RoadTrip said:⅔
NoHHusky said:
So precious metal sans metal?creepycoug said:
Its market is for those who have no confidence in a given fiat currency, like say when the government who authorizes the currency as legal tender prints money as fast as the machines (or servers I guess) will run with no apparent link to the economy for which the currency is supposed to represent a proxy participation interest.HHusky said:
Without being quite as grouchy as Munger, my question is this: what need or demand is crypto intended to satisfy?creepycoug said:
You've certainly got Munger out there grouching the ever loving shit out of crypto, tying it to a moral crisis of sorts. It's funny listening to that guy scream at the clouds. Something odd about a man with that much money and so little time left to be spending his time worrying about anything.HoustonHusky said:Bunch of Internet Half-Brains…
Looks like the squeeze is being put on Binance…will be curious how much longer it will hold up. Don’t think it will last too much longer before the Feds shut it down.
I think its days are definitely numbered. OTOH, this may be the buying opportunity that everyone said was permanently over.
Or whatever. -
Holy hell…I actually agree with the speed limit IQ racist on something. The world must be ending soon.HHusky said:
Without being quite as grouchy as Munger, my question is this: what need or demand is crypto intended to satisfy?creepycoug said:
You've certainly got Munger out there grouching the ever loving shit out of crypto, tying it to a moral crisis of sorts. It's funny listening to that guy scream at the clouds. Something odd about a man with that much money and so little time left to be spending his time worrying about anything.HoustonHusky said:Bunch of Internet Half-Brains…
Looks like the squeeze is being put on Binance…will be curious how much longer it will hold up. Don’t think it will last too much longer before the Feds shut it down.
I think its days are definitely numbered. OTOH, this may be the buying opportunity that everyone said was permanently over.
Crypto has value in doing transactions of an illicit nature and as a means of getting value out of currency restricted areas (think China…a ton of crypto was used to transfer money out and go buy homes and stuff in Vancouver and along the West Coast). That doesn’t account for the crazy value it’s grown into. Quite comical really.
Everything I’ve seen on crypto, especially outside of bitcoin but even including bitcoin, is that it’s a completely manipulated market by a handful of people and in many cases a completely fraudulent market, esp with the rise of all the shitcoins. As people looked under the hood of FTX, Silvergate Bank, and are now doing with Binance…it’s frightening how poorly and comically fraudulent it all was while still growing to a massive size. Bitcoin and maybe Etherum will last but I expect the rest to go to zero in the next few years…and the only chance those to have is that the Central Banks are so shitty at their jobs that those 2 cryptocurrencies end up slightly less corrupt in comparison.
-
HoustonHusky said:
Holy hell…I actually agree with the speed limit IQ racist on something. The world must be ending soon.HHusky said:
Without being quite as grouchy as Munger, my question is this: what need or demand is crypto intended to satisfy?creepycoug said:
You've certainly got Munger out there grouching the ever loving shit out of crypto, tying it to a moral crisis of sorts. It's funny listening to that guy scream at the clouds. Something odd about a man with that much money and so little time left to be spending his time worrying about anything.HoustonHusky said:Bunch of Internet Half-Brains…
Looks like the squeeze is being put on Binance…will be curious how much longer it will hold up. Don’t think it will last too much longer before the Feds shut it down.
I think its days are definitely numbered. OTOH, this may be the buying opportunity that everyone said was permanently over.
Crypto has value in doing transactions of an illicit nature and as a means of getting value out of currency restricted areas (think China…a ton of crypto was used to transfer money out and go buy homes and stuff in Vancouver and along the West Coast). That doesn’t account for the crazy value it’s grown into. Quite comical really.
Everything I’ve seen on crypto, especially outside of bitcoin but even including bitcoin, is that it’s a completely manipulated market by a handful of people and in many cases a completely fraudulent market, esp with the rise of all the shitcoins. As people looked under the hood of FTX, Silvergate Bank, and are now doing with Binance…it’s frightening how poorly and comically fraudulent it all was while still growing to a massive size. Bitcoin and maybe Etherum will last but I expect the rest to go to zero in the next few years…and the only chance those to have is that the Central Banks are so shitty at their jobs that those 2 cryptocurrencies end up slightly less corrupt in comparison.
-
I agree entirely with what you said. The dazzler was confused about the demand for crypto. I explained that demand as you just did. When the dazzler and the US government supports a rapidly inflating money supply and then used restrictions on the use of the dollar, then people will look for alternatives. Go figure.HoustonHusky said:
Holy hell…I actually agree with the speed limit IQ racist on something. The world must be ending soon.HHusky said:
Without being quite as grouchy as Munger, my question is this: what need or demand is crypto intended to satisfy?creepycoug said:
You've certainly got Munger out there grouching the ever loving shit out of crypto, tying it to a moral crisis of sorts. It's funny listening to that guy scream at the clouds. Something odd about a man with that much money and so little time left to be spending his time worrying about anything.HoustonHusky said:Bunch of Internet Half-Brains…
Looks like the squeeze is being put on Binance…will be curious how much longer it will hold up. Don’t think it will last too much longer before the Feds shut it down.
I think its days are definitely numbered. OTOH, this may be the buying opportunity that everyone said was permanently over.
Crypto has value in doing transactions of an illicit nature and as a means of getting value out of currency restricted areas (think China…a ton of crypto was used to transfer money out and go buy homes and stuff in Vancouver and along the West Coast). That doesn’t account for the crazy value it’s grown into. Quite comical really.
Everything I’ve seen on crypto, especially outside of bitcoin but even including bitcoin, is that it’s a completely manipulated market by a handful of people and in many cases a completely fraudulent market, esp with the rise of all the shitcoins. As people looked under the hood of FTX, Silvergate Bank, and are now doing with Binance…it’s frightening how poorly and comically fraudulent it all was while still growing to a massive size. Bitcoin and maybe Etherum will last but I expect the rest to go to zero in the next few years…and the only chance those to have is that the Central Banks are so shitty at their jobs that those 2 cryptocurrencies end up slightly less corrupt in comparison. -
Looks like ther might be another weekend Bank failure…
$MCB down 25% today… -
Cutting through the ponderous prose, crypto meets the demands of the people who see ghosts and hire fortune tellers.WestlinnDuck said:
I agree entirely with what you said. The dazzler was confused about the demand for crypto. I explained that demand as you just did. When the dazzler and the US government supports a rapidly inflating money supply and then used restrictions on the use of the dollar, then people will look for alternatives. Go figure.HoustonHusky said:
Holy hell…I actually agree with the speed limit IQ racist on something. The world must be ending soon.HHusky said:
Without being quite as grouchy as Munger, my question is this: what need or demand is crypto intended to satisfy?creepycoug said:
You've certainly got Munger out there grouching the ever loving shit out of crypto, tying it to a moral crisis of sorts. It's funny listening to that guy scream at the clouds. Something odd about a man with that much money and so little time left to be spending his time worrying about anything.HoustonHusky said:Bunch of Internet Half-Brains…
Looks like the squeeze is being put on Binance…will be curious how much longer it will hold up. Don’t think it will last too much longer before the Feds shut it down.
I think its days are definitely numbered. OTOH, this may be the buying opportunity that everyone said was permanently over.
Crypto has value in doing transactions of an illicit nature and as a means of getting value out of currency restricted areas (think China…a ton of crypto was used to transfer money out and go buy homes and stuff in Vancouver and along the West Coast). That doesn’t account for the crazy value it’s grown into. Quite comical really.
Everything I’ve seen on crypto, especially outside of bitcoin but even including bitcoin, is that it’s a completely manipulated market by a handful of people and in many cases a completely fraudulent market, esp with the rise of all the shitcoins. As people looked under the hood of FTX, Silvergate Bank, and are now doing with Binance…it’s frightening how poorly and comically fraudulent it all was while still growing to a massive size. Bitcoin and maybe Etherum will last but I expect the rest to go to zero in the next few years…and the only chance those to have is that the Central Banks are so shitty at their jobs that those 2 cryptocurrencies end up slightly less corrupt in comparison.
I appreciate you, Gasbag. -
Appreciate your concern about losing the dollar as the world's reserve currency. Inflation and dollar restrictions aren't ghosts. That's your team's playbook.HHusky said:
Cutting through the ponderous prose, crypto meets the demands of the people who see ghosts and hire fortune tellers.WestlinnDuck said:
I agree entirely with what you said. The dazzler was confused about the demand for crypto. I explained that demand as you just did. When the dazzler and the US government supports a rapidly inflating money supply and then used restrictions on the use of the dollar, then people will look for alternatives. Go figure.HoustonHusky said:
Holy hell…I actually agree with the speed limit IQ racist on something. The world must be ending soon.HHusky said:
Without being quite as grouchy as Munger, my question is this: what need or demand is crypto intended to satisfy?creepycoug said:
You've certainly got Munger out there grouching the ever loving shit out of crypto, tying it to a moral crisis of sorts. It's funny listening to that guy scream at the clouds. Something odd about a man with that much money and so little time left to be spending his time worrying about anything.HoustonHusky said:Bunch of Internet Half-Brains…
Looks like the squeeze is being put on Binance…will be curious how much longer it will hold up. Don’t think it will last too much longer before the Feds shut it down.
I think its days are definitely numbered. OTOH, this may be the buying opportunity that everyone said was permanently over.
Crypto has value in doing transactions of an illicit nature and as a means of getting value out of currency restricted areas (think China…a ton of crypto was used to transfer money out and go buy homes and stuff in Vancouver and along the West Coast). That doesn’t account for the crazy value it’s grown into. Quite comical really.
Everything I’ve seen on crypto, especially outside of bitcoin but even including bitcoin, is that it’s a completely manipulated market by a handful of people and in many cases a completely fraudulent market, esp with the rise of all the shitcoins. As people looked under the hood of FTX, Silvergate Bank, and are now doing with Binance…it’s frightening how poorly and comically fraudulent it all was while still growing to a massive size. Bitcoin and maybe Etherum will last but I expect the rest to go to zero in the next few years…and the only chance those to have is that the Central Banks are so shitty at their jobs that those 2 cryptocurrencies end up slightly less corrupt in comparison.
I appreciate you, Gasbag. -
You sound pour.WestlinnDuck said:
Appreciate your concern about losing the dollar as the world's reserve currency. Inflation and dollar restrictions aren't ghosts. That's your team's playbook.HHusky said:
Cutting through the ponderous prose, crypto meets the demands of the people who see ghosts and hire fortune tellers.WestlinnDuck said:
I agree entirely with what you said. The dazzler was confused about the demand for crypto. I explained that demand as you just did. When the dazzler and the US government supports a rapidly inflating money supply and then used restrictions on the use of the dollar, then people will look for alternatives. Go figure.HoustonHusky said:
Holy hell…I actually agree with the speed limit IQ racist on something. The world must be ending soon.HHusky said:
Without being quite as grouchy as Munger, my question is this: what need or demand is crypto intended to satisfy?creepycoug said:
You've certainly got Munger out there grouching the ever loving shit out of crypto, tying it to a moral crisis of sorts. It's funny listening to that guy scream at the clouds. Something odd about a man with that much money and so little time left to be spending his time worrying about anything.HoustonHusky said:Bunch of Internet Half-Brains…
Looks like the squeeze is being put on Binance…will be curious how much longer it will hold up. Don’t think it will last too much longer before the Feds shut it down.
I think its days are definitely numbered. OTOH, this may be the buying opportunity that everyone said was permanently over.
Crypto has value in doing transactions of an illicit nature and as a means of getting value out of currency restricted areas (think China…a ton of crypto was used to transfer money out and go buy homes and stuff in Vancouver and along the West Coast). That doesn’t account for the crazy value it’s grown into. Quite comical really.
Everything I’ve seen on crypto, especially outside of bitcoin but even including bitcoin, is that it’s a completely manipulated market by a handful of people and in many cases a completely fraudulent market, esp with the rise of all the shitcoins. As people looked under the hood of FTX, Silvergate Bank, and are now doing with Binance…it’s frightening how poorly and comically fraudulent it all was while still growing to a massive size. Bitcoin and maybe Etherum will last but I expect the rest to go to zero in the next few years…and the only chance those to have is that the Central Banks are so shitty at their jobs that those 2 cryptocurrencies end up slightly less corrupt in comparison.
I appreciate you, Gasbag. -
Serious posterHHusky said:
You sound pour.WestlinnDuck said:
Appreciate your concern about losing the dollar as the world's reserve currency. Inflation and dollar restrictions aren't ghosts. That's your team's playbook.HHusky said:
Cutting through the ponderous prose, crypto meets the demands of the people who see ghosts and hire fortune tellers.WestlinnDuck said:
I agree entirely with what you said. The dazzler was confused about the demand for crypto. I explained that demand as you just did. When the dazzler and the US government supports a rapidly inflating money supply and then used restrictions on the use of the dollar, then people will look for alternatives. Go figure.HoustonHusky said:
Holy hell…I actually agree with the speed limit IQ racist on something. The world must be ending soon.HHusky said:
Without being quite as grouchy as Munger, my question is this: what need or demand is crypto intended to satisfy?creepycoug said:
You've certainly got Munger out there grouching the ever loving shit out of crypto, tying it to a moral crisis of sorts. It's funny listening to that guy scream at the clouds. Something odd about a man with that much money and so little time left to be spending his time worrying about anything.HoustonHusky said:Bunch of Internet Half-Brains…
Looks like the squeeze is being put on Binance…will be curious how much longer it will hold up. Don’t think it will last too much longer before the Feds shut it down.
I think its days are definitely numbered. OTOH, this may be the buying opportunity that everyone said was permanently over.
Crypto has value in doing transactions of an illicit nature and as a means of getting value out of currency restricted areas (think China…a ton of crypto was used to transfer money out and go buy homes and stuff in Vancouver and along the West Coast). That doesn’t account for the crazy value it’s grown into. Quite comical really.
Everything I’ve seen on crypto, especially outside of bitcoin but even including bitcoin, is that it’s a completely manipulated market by a handful of people and in many cases a completely fraudulent market, esp with the rise of all the shitcoins. As people looked under the hood of FTX, Silvergate Bank, and are now doing with Binance…it’s frightening how poorly and comically fraudulent it all was while still growing to a massive size. Bitcoin and maybe Etherum will last but I expect the rest to go to zero in the next few years…and the only chance those to have is that the Central Banks are so shitty at their jobs that those 2 cryptocurrencies end up slightly less corrupt in comparison.
I appreciate you, Gasbag. -
Like a heart attackRaceBannon said:
Serious posterHHusky said:
You sound pour.WestlinnDuck said:
Appreciate your concern about losing the dollar as the world's reserve currency. Inflation and dollar restrictions aren't ghosts. That's your team's playbook.HHusky said:
Cutting through the ponderous prose, crypto meets the demands of the people who see ghosts and hire fortune tellers.WestlinnDuck said:
I agree entirely with what you said. The dazzler was confused about the demand for crypto. I explained that demand as you just did. When the dazzler and the US government supports a rapidly inflating money supply and then used restrictions on the use of the dollar, then people will look for alternatives. Go figure.HoustonHusky said:
Holy hell…I actually agree with the speed limit IQ racist on something. The world must be ending soon.HHusky said:
Without being quite as grouchy as Munger, my question is this: what need or demand is crypto intended to satisfy?creepycoug said:
You've certainly got Munger out there grouching the ever loving shit out of crypto, tying it to a moral crisis of sorts. It's funny listening to that guy scream at the clouds. Something odd about a man with that much money and so little time left to be spending his time worrying about anything.HoustonHusky said:Bunch of Internet Half-Brains…
Looks like the squeeze is being put on Binance…will be curious how much longer it will hold up. Don’t think it will last too much longer before the Feds shut it down.
I think its days are definitely numbered. OTOH, this may be the buying opportunity that everyone said was permanently over.
Crypto has value in doing transactions of an illicit nature and as a means of getting value out of currency restricted areas (think China…a ton of crypto was used to transfer money out and go buy homes and stuff in Vancouver and along the West Coast). That doesn’t account for the crazy value it’s grown into. Quite comical really.
Everything I’ve seen on crypto, especially outside of bitcoin but even including bitcoin, is that it’s a completely manipulated market by a handful of people and in many cases a completely fraudulent market, esp with the rise of all the shitcoins. As people looked under the hood of FTX, Silvergate Bank, and are now doing with Binance…it’s frightening how poorly and comically fraudulent it all was while still growing to a massive size. Bitcoin and maybe Etherum will last but I expect the rest to go to zero in the next few years…and the only chance those to have is that the Central Banks are so shitty at their jobs that those 2 cryptocurrencies end up slightly less corrupt in comparison.
I appreciate you, Gasbag. -
Is this what they call a band handed compliment?WestlinnDuck said:
You aren't as smart as Munger, me or even the coug. In fact, for someone with a mythical MBA you don't seem to understand much about business.HHusky said:
Well at least I wasn’t as grouchy as Munger.WestlinnDuck said:
As a mythical MBA you must have run across the idea of a stable currency to provide liquidity in commercial transactions and a store for wealth. Ideally that would be the US dollar but you voted for the dementia patient as the more fiscally responsible alternative who immediately informed the nation that Milton Friedman is no longer in charge and then debased the US dollar. Bitcoin is another solution and the other is gold. Holding depreciating dollars isn't.HHusky said:
Without being quite as grouchy as Munger, my question is this: what need or demand is crypto intended to satisfy?creepycoug said:
You've certainly got Munger out there grouching the ever loving shit out of crypto, tying it to a moral crisis of sorts. It's funny listening to that guy scream at the clouds. Something odd about a man with that much money and so little time left to be spending his time worrying about anything.HoustonHusky said:Bunch of Internet Half-Brains…
Looks like the squeeze is being put on Binance…will be curious how much longer it will hold up. Don’t think it will last too much longer before the Feds shut it down.
I think its days are definitely numbered. OTOH, this may be the buying opportunity that everyone said was permanently over. -
A little compliment for Munger, me and you. Pretty low bar for this trio. Took a quick look at Munger, never graduated from college was at Michigan when World War II broke out and then at Cal Tech. Got into Harvard Law school without a college degree. Surprised he is only worth $2.2 billion.creepycoug said:
Is this what they call a band handed compliment?WestlinnDuck said:
You aren't as smart as Munger, me or even the coug. In fact, for someone with a mythical MBA you don't seem to understand much about business.HHusky said:
Well at least I wasn’t as grouchy as Munger.WestlinnDuck said:
As a mythical MBA you must have run across the idea of a stable currency to provide liquidity in commercial transactions and a store for wealth. Ideally that would be the US dollar but you voted for the dementia patient as the more fiscally responsible alternative who immediately informed the nation that Milton Friedman is no longer in charge and then debased the US dollar. Bitcoin is another solution and the other is gold. Holding depreciating dollars isn't.HHusky said:
Without being quite as grouchy as Munger, my question is this: what need or demand is crypto intended to satisfy?creepycoug said:
You've certainly got Munger out there grouching the ever loving shit out of crypto, tying it to a moral crisis of sorts. It's funny listening to that guy scream at the clouds. Something odd about a man with that much money and so little time left to be spending his time worrying about anything.HoustonHusky said:Bunch of Internet Half-Brains…
Looks like the squeeze is being put on Binance…will be curious how much longer it will hold up. Don’t think it will last too much longer before the Feds shut it down.
I think its days are definitely numbered. OTOH, this may be the buying opportunity that everyone said was permanently over.
