1ºI've read so many anti crypto posts lately. The haters are so happy crypto is crashing, so are other markets but that doesn't matter. But while the haters are trying hard to explain why crypto is so bad, the crypto lovers are still trading: buying and selling...basically making money with little time to comment. The haters hate so much, they are unable to listen to facts. No amount of evidence will ever persuade these numpties. There is no doubt that crypto will continue to grow and until it matures, it will continue to be a volatile asset class but if investment is the process of investing monies to make a profit then I will continue because I'm doing great....and you all can continue to talk about how horrible crypto is...BTW your 14
2ºTokens without legal standing, uninsurable, unrecoverable if lost or stolen- are not interest bearing assets.
These digital lines of code are tradable in their own “market” like poker chips, but the casino isn’t a bank even if it calls itself one and serves hot cookies in the credit office lobby.
This bankruptcy is significant because Celsius called itself a “lender” and tried to make interest and arbitrage off of cryptocurrency and could not.
Illiquid assets like art or physical gold hold tradeable values - a “store of value”.
A casino poker chip does not have to be honored the next day or hour after you forfeit your cash for it. No one funds a 401K with “Ballys” or “MGM Grand” chips - nor should they with Bitcoin or Dogecoin etc
3ºAbel Melara You can use any bank account or credit or debit account to do the same thing - without illiquid code, without massive volatility, and without the risk of unrecoverable loss from North Koreans or drug cartels making your transaction “disappear.”
Honestly crypto fails in every respect - speed, security, and especially record-keeping.
There’s no tech support team or service desk to answer questions if a problem occurs.
I don’t get where it adds any value - it’s entirely a con based on hiding taxable income from the government and supposedly being able to trade in a black market with “total anonymity”
Creepy
4ºMichael Tinker The technology of blockchain encryption is real and will endure.
The idea that private individuals can operate currency outside of government regulation and outside the law is ridiculous and ruining too many naive investors
Crypto has utterly failed to challenge credit/debit cards, e banking, or even physical cash - so now it’s being marketed as a “wave of the future” speculative asset - and it can’t even attain that
Outside of the law
Uninsurable
Unrecoverable
Illiquid
Trapped in god-awful long string codes that burn up entire rainforests to generate
It’s a nightmare made possible by ignorance and willful blindness to what currency is (a convenient store of value to trade at will) - who mints it (governments not black market “miners”) and how it gets accepted and used (convenience- convenience- convenience)
5ºAbel Melara Blockchain encryption is just one more form of digital encryption- there are a legion of codes and security technologies now, many more to come in the future.
Cryptocurrency companies are uncapitalized resource poor “leaves in the wind” unable to adapt to shifts in the market, and unable to financial preserve themselves much less protect their customers
That’s why they are collapsing like dominoes now.
Banks are already adopting blockchain where it makes sense - and that isn’t all that many applications.
Using TeraWatts of power to secure relatively small trades makes gold carried on horseback look efficient by contrast
Cryptocurrency is a huge step backwards not forward- a fragmentation of trust and relationships not a new way of forging them.
Yes, trust and relationships that make civilization and business flourish- or fall in their absence
6ºDonald DeWitt so you’re telling me the outages in Canada making businesses and consumers have no access to their credit/debit funds is security??? If I want to send millions of dollars across the country not even across the word the fastest and cheapest way to do that is fly my millions In a suit case that is completely absurd in terms of the technology we have today. You said it fails in speed but I can literally transfer my crypto funds anywhere in the world RIGHT NOW in 3-5 seconds for the price of 1 tenth of a penny for each dollar.
There’s already hundreds of way on hiding taxable income and that’s why the rich don’t pay taxes!!! Stop being so oblivious every problem you just stayed with crypto is already happening.it’s literally a technology based ledger that records every single transaction made
7ºScott Naish my btc, which no one has died for, is worth more than half a kilo of your shinny metal. Wow, my nothing is worth more than half of your shinny metal...which people have died for. The digital revolution in finance, buddy. Banking in the hands of the investors....online. Investment in the hands of the small investors...no banks or brokers. Mistakes will be made until the investor/traders get experience. The future is set. We will be moving towards it and those who fight against it will be like those old folks who still claim computers and the internet are a fad and not needed.
8ºDonald DeWitt There’s many use cases out there that have nothing to do with “attempting to store value” I suggest you do more research there’s a reason why the whole industry is built up by Bitcoin and Ethereum. Gary Gensler and the SEC said Bitcoin is a commodity. You think they really are going to tell you what they’re buying in? They’re fooling the whole world into thinking the only use case is “attempting to store value” and that’s why 99% will miss out because they assume Bitcoin and “attempting to store value” is the only thing going on in the crypto industry.
9ºDo not fall for online crypto investment scam, anyone asking you to invest your money in binary or forex online is a scam.
BREAK OUT OF POVERTY BY ACQUIRING YOUR OWN SOLAR CRYPTO MINING MACHINES.
Get a solar mining machines for as low as $2000 and start mining different crypto currency E.G Ethereum, Bitcoin
and Binance Coin.
It's very efficient thereby reducing cost in electricity
and energy consumption. This are cutting edge new
technology for building your own crypto farm with less
hassle.
WHAT WE DO
We help in consultation and directing you to best and
efficient machine that suits you personally. We help
even without personal space for machine that can help with
signing up and also choosing best subscription option
and mining on your behalf, giving you a weekly profit,
given you access to platform and monitoring it
yourself. The Machine we sale has solar energy saving
and self sufficient energy source on the top of it.
Service and offers:
Sales of crypto machine
Investment options.
IF YOU DONT HAVE A HOUSE OF YOUR OWN OR YOU THINK MINING WITH THESE AMAZING MACHINES WOULD TAKE A LOT OUT OF YOUR TIME THEN YOU HAVE NOTHING TO WORRY ABOUT BECAUSE OUR TEAM WOULD HELP YOU MINE WITH YOUR MACHINE AND PAY YOU AT THE END OF EVERY MINING CIRCLE
VISIT
Website: http://www.easyminning.com
For other enquiries contact through the website.
10º. this is a testimony i want to share with everyone and urge who so ever that read it to contact Dr iyamu for immediate assistance to get back on track in life. i have been married for 7years and on the seventh year of my marriage, another woman cast a spell to take away. .my husband from me,my husband left me and the kids and we have suffered for 1 years until i meant a post where this man Dr, iyamu have helped someone and i decided to give him a try to help me bring my loving husband home and believe me i just send my picture to him and that of my husband and after 48hours as he have told me, i saw a car drove into the house and behold it was my husband and he apologize for all he did to me and the kids. I am happy to announce to every one of you that are in a similar situation like mine to worry no more, because i have decide to share my testimony to all who care to listen and also to share his email address in every site i get into.His https://www.facebook.com/Doctor-Iyamu-101526455877906/
Dr. iyamusolutioncenter@gmail. com or whatspp number +2349033303525