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Bitcoin Derangement Syndrome (Dave Ramsey)

Comments

  • RoadTripRoadTrip Member, Swaye's Wigwam Posts: 7,667 Founders Club
    edited November 2023
    Surprised your Bitcoin posts don't get more attention. I was too poor (really just chicken and lazy to learn how) to buy BC at $10, 75 etc and finally pulled the trigger at $50k and am now kicking myself I didn't buy more at $26k. Shoot it's most likely still a good buy at $36k today. Once the Blackrock ETF is approved, the price could see all time highs above $60k again.
  • El_KEl_K Member, Swaye's Wigwam Posts: 1,174 Swaye's Wigwam
    I finally got back into my Coinbase account and noticed it was up $200 from the last time I logged in which was well over 18 months ago. Nice knowing I have a little $550 nest egg in AVAX sitting there.

    Now just need SHIB to go to the moon!
  • BleachedAnusDawgBleachedAnusDawg Member Posts: 11,181
    Can I buy food with Bitcoin? No? I can't see why anybody would doubt it...

    If shit goes to hell and there's no food on the shelf, Bitcoin will be the most useless currency of them all. Tangible things, like gold and bullets, are going to be much more valuable.

    No government will ever allow Bitcoin to become currency.
  • RaceBannonRaceBannon Member, Swaye's Wigwam Posts: 104,576 Founders Club

    Can I buy food with Bitcoin? No? I can't see why anybody would doubt it...

    If shit goes to hell and there's no food on the shelf, Bitcoin will be the most useless currency of them all. Tangible things, like gold and bullets, are going to be much more valuable.

    No government will ever allow Bitcoin to become currency.

    Food and guns podcast

    2 people want into your survival shelter. One has gold, the other food and guns

    Not a hard choice who gets in
  • BleachedAnusDawgBleachedAnusDawg Member Posts: 11,181

    Can I buy food with Bitcoin? No? I can't see why anybody would doubt it...

    If shit goes to hell and there's no food on the shelf, Bitcoin will be the most useless currency of them all. Tangible things, like gold and bullets, are going to be much more valuable.

    No government will ever allow Bitcoin to become currency.

    Food and guns podcast

    2 people want into your survival shelter. One has gold, the other food and guns

    Not a hard choice who gets in
    For sure, food and guns are most valuable in a total survival scenario. Gold does also have value for plebes who will need to buy gruel from Elon, though.
  • PurpleThrobberPurpleThrobber Member Posts: 43,603 Standard Supporter
    We're all pretty well fucked in a guns and food scenario.
  • SledogSledog Member Posts: 33,183 Standard Supporter

    We're all pretty well fucked in a guns and food scenario.

    Guns, food and ammo are american staples. Get to work!
  • greenbloodgreenblood Member Posts: 14,309
    I think once the ETFs get approved, crypto is going to tank. These large banks like Blackrock will oppo the trade and short the shit out of it and use their leverage to suppress the price.
  • PurpleThrobberPurpleThrobber Member Posts: 43,603 Standard Supporter

    I think once the ETFs get approved, crypto is going to tank. These large banks like Blackrock will oppo the trade and short the shit out of it and use their leverage to suppress the price.

    Not gonna matter. We’ll have our social credit score spending limit and be happy about it

    Most of us will be lucky to afford bread and water.

  • SkipBoydSkipBoyd Member Posts: 403
    Sledog said:

    We're all pretty well fucked in a guns and food scenario.

    Guns, food and ammo are american staples. Get to work!
    If you have guns and ammo, you have food.
  • Fenderbender123Fenderbender123 Member Posts: 2,974
    I don't have any guns or food stored away. I have a guitar, though, which could be used as firewood.
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