Crypto

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SeattleGriz
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Re: Crypto

Post by SeattleGriz »

Bobcat wrote: Thu Dec 05, 2024 10:33 am
SeattleGriz wrote: Wed Dec 04, 2024 8:05 pm

I think it's obvious crypto will eventually become the digitized version of the dollar, but what I believe to be most people's issue, is they see no way they are going to strike it rich. I think most people believe our government will easily fuck the average Joe over.

I do believe some will make some big bank, but not more than a small percentage. If you can explain how many will be allowed, id appreciate that, as my coworker could never explain shit.

On a side note, this coworker used to talk about this guy on X who knew everything and his name was cryptohulk. So I went on X about a week later and saw cryptohulk had blocked him!! Lol.

A big part of the reluctance is that it's very hard to find anyone that can explain the process in a cogent manner.
Bidens administration has tried for 4 years to crush crypto and keep it under their control and not let it out of the bag. The SEC just throws big fines on crypto like XRP to stifle it because they know its the next big thing and they are trying to figure out how to screw every person hard, while they can make all the money off it and control it. Currently there are very few laws regarding crypto and trying to regulate this with old time laws is totally ridiculous. Currently they cant even define if crypto is a security, commodity or an asset. The IRS is trying hard to define crypto for everyone but they can fuck off.

99% of the influencers on youtube and X dont know anything more than anyone else and all of them are wrong 95% of the time. The only people over the last 6 to 7 years I have been following this technology that get some things right are Michael Saylor, Ben Garlinghouse, Ncashofficial to a lesser degree Alex Becker. Everyone else makes AI videos with clickbait titles and tries to act like they know whats up and are always wrong.

Kind of like houndawg
You know I call houndawg HDoge don't you? Couldn't think of anything insulting, yet, so I upgraded his stupid name.
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Re: Crypto

Post by Bobcat »

Nice, hes not even smart enough to get it. I bet he watched the liberal hit piece on 60 Minutes last night and hasn't stopped touching himself since.
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