crypto is cope

Creamer

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872
#1
crypto did not save all the Japanese sites that were banned by the credit card companies.

crypto is not something ppl use to do groceries.

crypto is easily regulated, and there are a handful of official sites that sell it.

most crypto is held as an investment, losing its intrinsic value.

you transfer funds easily from western countries to BRICS countries using crypto.

in China crypto is also unusable due to it being a digital product, and the forced use of gov spyware.

yes some players will benefit from the crypto scheme, but chances are against most crypto investors.

XMR might be different. IDK. crypto is nice as a concept but it doesn't seem to work.
 

Admin

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#2

Creamer

Well-known member
Messages
872
#3
so if you want to invest into the very long term, go with metals.
because as crypto crashes, the dollar, and companies, metals will be there to soak up
all the lost value.
 

Admin

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#4
Metals do not become worthless but they also cannot increase as much in value as crypto has in the past.

One big appeal with crypto is the potential for obscene returns (it got way bigger than i expected).

But foundationally it has always been pretty questionable.
 
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#6
all these concerns are valid and I wonder why not raising them at the start of crypto frenzy. But why now? why are now ecelebs spamming crypto concerns, not before? is it because they cannot abuse the crypto so they are envious of those who did it first? I dont know why now they talk about it.

If I had the connections and the knowledge I would have abused crypto as well. Im not moralizing, I just wonder why now.
 
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