Maybe the only good thing Goolag did this year; help people from losing their assets to some pie in the sky. The only thing backing cryptos are bigger fools thinking it’s worth something.
Or, Steve, you could be the fool. Hold tight to your dollars that you must believe have “backing.”
But ask yourself, “Would you rather hold something that is absolutely assured of being inflated away, or would you rather hold something that can never be inflated, is decentralized, has a burgeoning network effect, and has the intrinsic value of hundreds of years of technological advancement behind it?”
No dollars are held beyond some cash for when the ATMs quit working. Decentralized? If you don’t think there is a backdoor, there’s a bridge in Arizona you can buy with just a tiny bit of your profits. Yeah, the FED also has a hundred years of tech behind it too. Good luck. Honestly, I hope you make millions. Just don’t spend any of it until you do.
Maybe the only good thing Goolag did this year; help people from losing their assets to some pie in the sky. The only thing backing cryptos are bigger fools thinking it’s worth something.
Or, Steve, you could be the fool. Hold tight to your dollars that you must believe have “backing.”
But ask yourself, “Would you rather hold something that is absolutely assured of being inflated away, or would you rather hold something that can never be inflated, is decentralized, has a burgeoning network effect, and has the intrinsic value of hundreds of years of technological advancement behind it?”
No dollars are held beyond some cash for when the ATMs quit working. Decentralized? If you don’t think there is a backdoor, there’s a bridge in Arizona you can buy with just a tiny bit of your profits. Yeah, the FED also has a hundred years of tech behind it too. Good luck. Honestly, I hope you make millions. Just don’t spend any of it until you do.