[–] 16090615? 1 point 1 point 2 points (+2|-1) ago
Use 100 % virtualized currencies ( even worse than fiat ) that are highly volatile ? BTC fell from its peak close to 20 000 $ in Dec 2017 , to around 3500 $ which is now . You think that is smart investment ? You cryptoretards are truly idiots ... they sell you an "air based on trust" while "whales" dictate the price - and they eventually made a big cash out while many of you were left "HODLING" like complete retards .
No - the times of high valued cryptos have passed , and many smaller ones got with losses , because of their greed .
Greed - greed and stupidity caused by greed never changes ...
[–] 16090986? 0 points 1 point 1 point (+1|-0) ago
Yeah you still missed the point. They cant shut it down.
[–] 16091151? 0 points 1 point 1 point (+1|-0) ago
What is the use of the "air based currency" - or should I better said - "greed based currency" , that is purely based on trust ? And as long as there is not enough trust , it will be kept very volatile , and vice versa , as long as it is volatile , people wont trust it ... do you see the paradox every single crypto-hoarder has gotten into ?
The value could never go to zero , but who actually cares about that ? Volatility is the main obstruction - high volatility = no trust . It will only go lower a bit or oscilate around . Those who made massive "dough" on it already cashed out ...
Secondly - there is a definite proof cryptos could have been created by certain intelligence agencies : https://groups.csail.mit.edu/mac/classes/6.805/articles/money/nsamint/nsamint.htm ( and its from 1996. )
Thirdly ... to return back to 100 % virtualization . We should go the opposite way into more tangible assets ( gold standard ) rather than more virtualization of what is already heavily virtualized ( 90-95 % ) fiat currency .
[–] 16091030? ago
I guess you've never heard of an EMP or shutting down the internet or maybe intentionally devaluing.