Welcome to the Hardcore Husky Forums. Folks who are well-known in Cyberland and not that dumb.
For the Wine and Cheese Board Refugees
Comments
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The class is what killed it.creepycoug said:Everyone longs for the Whine and Board IMO.
#touchofclass -
trueBob_C said:
The class is what killed it.creepycoug said:Everyone longs for the Whine and Board IMO.
#touchofclass -
Tug's not known for class
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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. -
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. -
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. -
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. -
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. -
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. -
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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.
