Bitcoin is a Ponzi
- Thread starter lib123
- Start date
ogc163
Superstar
New York Fed advances tests of CBDCs for cross-border payments
A partnership with Singapore authorities and a project with a network of banks aim to demonstrate the viability and interoperability of central bank digital currencies.www.americanbanker.com
Do I trust the naysayers on TheColi. Or actually banks and governments making moves behind the scenes.
Damn
What do I do
Let me help you out there beloved, since I know you crypto bros love logical fallacies.
In The Zone '98
Superstar
OGC, return to your duties.
I will gladly read your opinions. And eagerly await your stuttering next bull run and passed regulation.
As you were...
I will gladly read your opinions. And eagerly await your stuttering next bull run and passed regulation.
As you were...
ogc163
Superstar
ogc163
Superstar
Binance has frozen withdrawals of a crypto linked to its own token that looks like it's been hacked, CEO 'CZ' says
Binance will freeze withdrawals of Ankr's token and explore whether it's been targeted by hackers, Changpeng Zhao said Friday.
www.yahoo.com
That’s idealizing what investing in something is. You look it up in the dictionary and 95% of that opinion piece isn’t there.
Difference Between Investing Vs Gambling - Which is Superior?
Is investing and gambling the same? There is a thin line of difference between the two. But there are very different from each other.scripbox.com
Hmmmm....risky, addictive, poorly planned, depends on luck, and no real asset behind the "investment".
Crypto clicks more of the "gambling" boxes than the "investing" boxes.
Gambling is going to a casino and playing a card game and hoping you win. Gambling is making a wager on a sports team to win a game. Buying Bitcoin is an investment. I don’t believe it to be a good one but you purchased an asset that has a value. The value has been drastically both higher and lower in the past and may go higher or lower again.
There’s been millionaires made buying and selling cryptocurrencies. They made a very risky investment and it paid off. There’s people that lost it all investing in a company’s stock. Again risky investment and it didn’t pay off.
A betting ticket is an asset that has a value too, until it doesn't anymore. Just like crypto.
The value of crypto has absolutely no relation to its inherent value or utility. It is solely a bet on whether it's going to go up or down.
Virtuous_Brotha
Superstar
Trader allegedly saw over 5000x gains after Ankr protocol hackBinance has frozen withdrawals of a crypto linked to its own token that looks like it's been hacked, CEO 'CZ' says
Binance will freeze withdrawals of Ankr's token and explore whether it's been targeted by hackers, Changpeng Zhao said Friday.
You just gotta be on the right side of shyt in this game 2k into 15 milly
A betting ticket isn’t like crypto. A betting ticket has no real value unless it’s a winning one. Crypto has value. That value may rise or fall but people have placed an actual value on it. Buying crypto is an investment even if it is an unwise one for the reasons you listed. It’s value isn’t based on anything other than what people will pay.
A betting ticket has value before the bet comes through. You can flip the ticket for more or less than you paid for it depending on whether the odds have gone up or down since you bought it. Just like a coin.
The coin has no intrinsic value beyond what people think their bet will pay off. If everyone believed the price was going to zero tomorrow, it becomes worthless. It's not like a stock based on a business with actual assets and revenue - it's value is solely based on making a bet on future price.
ogc163
Superstar
In The Zone '98
Superstar
We'll see
What is ISO 20022 and How Will it Impact the Crypto Industry?
ISO 20022 cryptocurrencies may be treated more leniently by regulators and force mass adoption of the standard. Here's why.
supraoracles.com