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It's a massive ponzi scam in about its 4th generation. The people trying to sell you Bitcoin now are previous victims trying to scrape cents on the dollar back by.... Scamming other people into buying their 'legit' currency hoping you've either never heard of shit like mt. Gox or you're fucking retarded enough to think that was an anomaly.
Think about it another way... You can be a 'millionaire' and if someone pulls the plug at just the wrong time... Bye bye. Also, how many other commodities... Let's even use money at a bank. If you go into a bank one day and ask to withdraw fifty bucks, amd they say sorry, can't help you, a branch in another city of another bank got raided' do you trust that bank?
What if you go to withdraw money and they say sorry you got cleared out last night by someone who may or may not have been you, but sorry it was anonymous and your problem? That bank HAS NO MONEY
Crypto is believed in without thought or question by people who either think that legal tender is 'fake' (despite being able to actually use it on demand if you have it anywhere and knowing that it is illegal for someone to refuse that legal currency) because 'muhfed' and 'muhfiatcurrentseas'or have literally zero clue how money finance markets or law work.
It's fucking monopoly money. It's the same as writing '1 gorillion bitcoins' on a bit of paper then claiming it's legit because 'those two Shady fuckers over there who go by pseudonyms say so' - it's as legitimate as a scifags Sea Org billion year contract.
If ya believe in it im assuming you're one hell of a mouth breathing dense motherfucker and then cry knowing these fuckin tards are about to start running the show.... We are all fucked.
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[–] i_scream_trucks 2 points -2 points 0 points (+0|-2) ago (edited ago)
it's not fake money because it's not even money.
It's a massive ponzi scam in about its 4th generation. The people trying to sell you Bitcoin now are previous victims trying to scrape cents on the dollar back by.... Scamming other people into buying their 'legit' currency hoping you've either never heard of shit like mt. Gox or you're fucking retarded enough to think that was an anomaly.
Think about it another way... You can be a 'millionaire' and if someone pulls the plug at just the wrong time... Bye bye. Also, how many other commodities... Let's even use money at a bank. If you go into a bank one day and ask to withdraw fifty bucks, amd they say sorry, can't help you, a branch in another city of another bank got raided' do you trust that bank?
What if you go to withdraw money and they say sorry you got cleared out last night by someone who may or may not have been you, but sorry it was anonymous and your problem? That bank HAS NO MONEY
Crypto is believed in without thought or question by people who either think that legal tender is 'fake' (despite being able to actually use it on demand if you have it anywhere and knowing that it is illegal for someone to refuse that legal currency) because 'muhfed' and 'muhfiatcurrentseas'or have literally zero clue how money finance markets or law work.
It's fucking monopoly money. It's the same as writing '1 gorillion bitcoins' on a bit of paper then claiming it's legit because 'those two Shady fuckers over there who go by pseudonyms say so' - it's as legitimate as a scifags Sea Org billion year contract.
If ya believe in it im assuming you're one hell of a mouth breathing dense motherfucker and then cry knowing these fuckin tards are about to start running the show.... We are all fucked.