Welcome to the Hardcore Husky Forums. Folks who are well-known in Cyberland and not that dumb.
It is with deep regret that I must announce...
that late tonight I will merge The Garden in with the Blue Oyster. Despite my interest in BTC and finances, the board has not engaged enough interest to continue.
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Comments
Bitch coin loses
I don't like people who get boners over virtual wealth and commerce and I'm glad they got crushed by the real market just like they do by the plus size women who reject them at their local bars.
Bitcoin is for nose-picking Nerds. They got what they deserve.
Bring it on, Nerds.
I'm a deadbeat on the 4th floor
..https://www.investopedia.com/terms/b/bitcoin.asp
Whatevs Stalin. My hatred is for either or both, regardless.
And never defend nerds. It's like defending plus size models.
100% wrong, no matter what.
As the US intentionally is weakening the dollar, that leaves gold and bitcoin as your remaining capital safe houses. Unless, your gold is buried in your backyard, your gold ownership is also an intangible, but that intangible is backed by a hard asset. So, if your gold ownership is through a historically reputable investor, subject to federal regulation, I think it's pretty safe. If not, it means the apocalypse and your back yard gold isn't going to do you any good, except make you a target.
With bitcoin, there is no there there unlike gold. You have a digital record that is controlled by whom, regulated by whom? You need to physically steal gold. Plus bitcoin can be effectively regulated out of existence in the US if the government wanted to. Unfortunately, they could do the same with gold.
Gold isn’t impervious to holding value either just because it’s physical. Just look at what the Spanish did with it in South America as a reference.
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U.S. President Franklin Delano Roosevelt on April 5, 1933 signed Executive Order 6102, which forbade ownership of quantities of gold coin, bullion, and gold certificates worth in excess of US$ 100 (about 5 troy ounces), or around US$ 8,900 worth of gold in today's price.