cryptocurrency

[Pokesan]

Bank of Canada boss says bitcoin is GAMBLING and NOT an investment

https://www.express.co.uk/finance/ci...-Canada-dollar

But Mr Poloz issued a stark warning to cryptocurrency investors. He said: “A lot of words have been used but I think the main thing is, buyers should be aware it is much closer to gambling than investing.”

He said bitcoin has no intrinsic value, therefore it would not be classed as an asset and is instead “speculative or gambling”.

Mr Poloz also outlined his plans for the Bank of Canada’s own digital currency. He said: “All the major banks have active research agendas on this.”

But Mr Poloz said he does not think bitcoin will be part of a digital currency of central banks.

[Izmael]

I'm sure somebody somewhere cares about Mr Poloz's views on cryptocurrency.

[Meep]

Does Mr Poloz want to explain the fractional reserve banking system and why that's bad for everyone? Thought not.

[Pokesan]

Originally Posted by Meep [You must be logged in to view images. Log in or Register.]

Does Mr Poloz want to explain the fractional reserve banking system and why that's bad for everyone? Thought not.

fractional reserve(western banking) is better than fictional reserve(crypto pump via tether)

[Topdog]

Originally Posted by JayDee [You must be logged in to view images. Log in or Register.]

My new hobby is watching videos of people who got in at 20K and lost everything

can you link a couple that's pure lul

also check out bitconnect, that shit was hilarious

that being said

hodling

[Bardalicious]

Looks like a good time to buy into BTC with current price at about 8500. Well, either that or its still dropping and some nerds are about to have to get real jobs again.

[AzzarTheGod]

day 1 OG can inspect this dickkkkkk we hit crypto in 2012 when he was just popping his first percocet in moms basement posting fungis on rgs he could never see the gains we're making







































































hodling these balls

[silo32]

good video of some guy using some e wallet and lost 30k his entire life savings, he was frekaing

glad i cashed out and am posting this from my castle

[hokuten99]

#hodlgang
#hodlgang
#hodlgang
#hodlgang
#hodlgang

[Pokesan]

bitcoin boys known to let the price mmmmmmmmmmmmmmmmmmmdrop