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The Crypto Market has aggregated an amazing amount of con artists...

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Comments

  • Sledog
    Sledog Member Posts: 38,833 Standard Supporter
    If I can't hold it and spend it it is worthless. Silver and gold prices are being depressed by the cabal. I like silver as it would be more spendable than gold because if shit hits the fan there values will skyrocket. Harder to spend an ounce gold coin.
  • Swaye
    Swaye Moderator, Swaye's Wigwam Posts: 41,743 Founders Club
    I have no idea if the info presented here is true or not, but it made enough sense to me to make me not invest when I was considering it previously:

    https://jacobin.com/2022/01/cryptocurrency-scam-blockchain-bitcoin-economy-decentralization

    At a bare minimum it raises some very interesting (and troubling) issues wrt crypto and the market around it.
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 116,178 Founders Club
    I just figured that something invented to buy drugs on the dark web would never be legit or it would be co opted by governments

    I don't understand it to this day but I bet I'm right
  • Pitchfork51
    Pitchfork51 Member Posts: 27,695
    edited June 2022
    I'm a pretty techy dude but I never got into it. Never had the time to really understand it.

    Was turned off by the crypto bros.


    Usually when dumbasses think they've stumbled on a gold mine they are wrong so I avoided.
  • UW_Doog_Bot
    UW_Doog_Bot Member, Swaye's Wigwam Posts: 18,682 Founders Club

    I just figured that something invented to buy drugs on the dark web would never be legit or it would be co opted by governments

    I don't understand it to this day but I bet I'm right

    It's precisely that drug dealers use it that you know it's case proven.

    Low trust environment.

    Anyway, first major adoption bubble. It's the internet in 1998. I remember thinking I wouldn't even touch Amazon stock back then...