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Look. Crypto currencies are fascist communist reserves where people put their money together and those quickest to grab the lot win the prize.

 
Not worth the temptation
User ID: 78886381
United States
05/08/2020 06:02 AM
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Look. Crypto currencies are fascist communist reserves where people put their money together and those quickest to grab the lot win the prize.
Here's what the stock market is like in olden day terms. You give money to an entrepreneur and he uses it to make more money and you get a percentage of the profit.

Here's what crypto currencies is like in olden day terms. Everyone in the village puts their gold into a pile. At night some people take all the gold. They encourage the people to put their gold again into the pile. Some people see what's happening and they encourage also. They partake in taking the gold at night also and doing the same thing again, encouraging more to put their gold in the pile. Since a fool is born every minute the thievery will continue until the game is outlawed.

You know it's wrong, even if you can gain from being part of it, you're just stealing someone else's money. Maybe not everyone realizes it's a shell game but you do now, it's simply wrong. Even I have been tempted by the allure of it, we all probably have been, but I'm speaking against it because it's wrong, not because I can't give into it.
Anonymous Coward (OP)
User ID: 78886381
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05/08/2020 06:23 AM
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Re: Look. Crypto currencies are fascist communist reserves where people put their money together and those quickest to grab the lot win the prize.
If you give into this temptation eventually the guilt will catch up with you at some point, or else you'll just become a hardened, cold, hateful person who nobody likes because you're afraid people will judge you and treat you differently for your ill-gotten gain and try and take from you your precious. Get rich or die trying is a real killer.

Some guy was stealing from people, when he heard a man tell him some great news he immediately did what he said he would do and pay everyone back 4 times as much as he took from them, and give half of everything that he owned unto the poor. Luke 19:1-10
Fusion
User ID: 77273303
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05/08/2020 06:27 AM
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Re: Look. Crypto currencies are fascist communist reserves where people put their money together and those quickest to grab the lot win the prize.
That's not how it works now bucko. If you're a retarded 12 years old stuck in the early 90s then SURE.
Anonymous Coward
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Ireland
05/08/2020 06:29 AM
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Re: Look. Crypto currencies are fascist communist reserves where people put their money together and those quickest to grab the lot win the prize.
Thread: Crypto, Safe? LOL! The Dark Side Of The Silk Road
Anonymous Coward (OP)
User ID: 78886381
United States
05/08/2020 06:38 AM
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Re: Look. Crypto currencies are fascist communist reserves where people put their money together and those quickest to grab the lot win the prize.
That's not how it works now bucko. If you're a retarded 12 years old stuck in the early 90s then SURE.
 Quoting: Fusion 77273303


That's how it works.

And oh look, you're cold and hardened, no wonder here.
Anonymous Coward
User ID: 78462633
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05/08/2020 06:47 AM
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Re: Look. Crypto currencies are fascist communist reserves where people put their money together and those quickest to grab the lot win the prize.
That’s not how crypto or communism work... FYI.
Anonymous Coward (OP)
User ID: 78886381
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05/08/2020 07:02 AM
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Re: Look. Crypto currencies are fascist communist reserves where people put their money together and those quickest to grab the lot win the prize.
That’s not how crypto or communism work... FYI.
 Quoting: Anonymous Coward 78462633


Everybody is pooling their money until someone decides they're not worthy of having it.
Anonymous Coward
User ID: 77684510
United States
05/08/2020 07:02 AM
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Re: Look. Crypto currencies are fascist communist reserves where people put their money together and those quickest to grab the lot win the prize.
You really don't know how crypto works. No one is piling anything. It's using computer hardware to solve complex math to mine coins. The value of those coins are set by supply and demand just like stocks. Bitcoin has only a fixed amount of coins to be mined.

If you mean some people lose out to price fluctuations and bad decisions, yes, but that is true of any market. There is no thievery involved nor is it a ponzi scheme.

Your rant sounds like it comes from a place of envy.

[link to bitcoin.org (secure)]
Anonymous Coward (OP)
User ID: 78886381
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05/08/2020 07:30 AM
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Re: Look. Crypto currencies are fascist communist reserves where people put their money together and those quickest to grab the lot win the prize.
You really don't know how crypto works. No one is piling anything. It's using computer hardware to solve complex math to mine coins. The value of those coins are set by supply and demand just like stocks. Bitcoin has only a fixed amount of coins to be mined.

If you mean some people lose out to price fluctuations and bad decisions, yes, but that is true of any market. There is no thievery involved nor is it a ponzi scheme.

Your rant sounds like it comes from a place of envy.

[link to bitcoin.org (secure)]
 Quoting: Anonymous Coward 77684510


Where the crypto currency comes from is arbitrary. What they are is arbitrary.

Like, I have a new digital currency, they are numbers 1 to infinity. Want some of my numbers? Buy them and I'll assign them to you. The value of the numbers means more people want them and have them. When you see the value go down it means someone took your cash and ran and left you with your numbers.

The good news is you still have your numbers until those are hacked, until then if you wait long enough until the near finish of the next game maybe you can cash out with the next fool's money if you dont kill yourself first because you lost everything and have to wait a few years before enough new fools have been introduced to the game.
Anonymous Coward
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Sweden
05/08/2020 07:34 AM
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Re: Look. Crypto currencies are fascist communist reserves where people put their money together and those quickest to grab the lot win the prize.
Don't bother OP. Crypto tards can't understand the concept of productive vs non-productive things.
Anonymous Coward (OP)
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05/08/2020 07:39 AM
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Re: Look. Crypto currencies are fascist communist reserves where people put their money together and those quickest to grab the lot win the prize.
St. Luke 6:24 But woe unto you that are rich! for ye have received your consolation.





GLP