If you didn't buy Bitcoin at $40,000...

[Reiwa]

[You must be logged in to view images. Log in or Register.]

[Drueric]

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

I'm no expert on these crypto coins but what do you do if the sun farts really hard on the Earth and knocks out all of our electronics?

Somthing to think about... when you buy crypto, you are literally trading your fiat money for something completely intangible and technically non existent. And that someone is taking your fiat money and laughing all the way to the bank.

[Ekco]

would fiat fare any better in a modern day Carrington Event? in the short term anyway i assume lead, brass, gold and silver will bring you more peace of mind.

108,298.09
-4,214.04
(-3.75%)

were down 10k from the last post with price, good buying opportunity

lulz.

[shovelquest]

If you get it at 100 Then when it goes to 160 you can say "Im up 60%! and when it goes to 250 you can say "Im up 150%!" and when it goes to 500k you can.. etc.

(reminder by the 200-300+ the rest of your friends will collapse into destitution as robots take over their entire lives).

[Barik]

This late stage capitalism is wild.

[shovelquest]

Yeah I want to live in socialist europe that is even more on the brink of civil war than us lol

[You must be logged in to view images. Log in or Register.]

[Reiwa]

Just got around to remembering to check back on this.

Russell Okung claims victory lap over getting paid in Bitcoin

Good for him!

[shovelquest]

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

Just got around to remembering to check back on this.

Russell Okung claims victory lap over getting paid in Bitcoin

Good for him!

Kind of crazy to imagine if all your liquid cash was in bitcoin, how much more liquid cash you would just get for free.

Like oh look today bitcoin is up 6%, that means all the money I spend today is going to cost 6% less.

Oh no bitcoin is down 6% today, good thing I blew all that money on bullshit yesterday.

Oh no it's down 15% today, Im gonna stay home and save some money and play video games.

Oh look it's up 40% today, glad I saved some money, now ill go buy a new video game!

What am I missing here??!!

[Reiwa]

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

Kind of crazy to imagine if all your liquid cash was in bitcoin, how much more liquid cash you would just get for free.

Like oh look today bitcoin is up 6%, that means all the money I spend today is going to cost 6% less.

Oh no bitcoin is down 6% today, good thing I blew all that money on bullshit yesterday.

Oh no it's down 15% today, Im gonna stay home and save some money and play video games.

Oh look it's up 40% today, glad I saved some money, now ill go buy a new video game!

What am I missing here??!!

I think that's called a liquidity trap.

[shovelquest]

The Legal Tender Act of 1862 authorized the U.S. government to print paper money, known as "United States Notes" or "greenbacks," that were not backed by gold or silver, establishing the first national paper currency.

Will we make a new crypto for the sequel or stick with BC as the new currency?