View Single Post
Old 04-16-21, 07:35 AM   #119
Skybird
Soaring
 
Skybird's Avatar
 
Join Date: Sep 2001
Location: the mental asylum named Germany
Posts: 40,504
Downloads: 9
Uploads: 0


Default

For crypto fans, there is a lesson to learn in this:

https://www.bloomberg.com/news/artic...-are-too-great

Not only do you still sell and buy cryptocurrencies in FIAT currencies, but the state does control it, does track it, and can prohibit and prevent it any time. Even anonymously bought gold places itself more advantageously.

They manipualte FIAt moeny values. They amnipuklate gold prices. The ymanipzkate stockmarkets. How comes so many peope, think they do not track and manuolukate Bitcoins as well? It is anything but invulnerable! The illusion of security from it might be fallacious.

To me, the Bitcoin/Blockchain always rather has been more interesting as a technology. It is as much a real "money" as is FIAT money: not at all, since it has zero intrinsic value. Beyond that, its just a gamble.
__________________
If you feel nuts, consult an expert.
Skybird is offline   Reply With Quote