The dumbest people I know do crypto

Buying crypto is putting a value on the internet???

Wow that's got to be the dumbest comment on GLP this year.

Do you live in eastern europe where the internet has just arrived?

Good. So yur ways works for you. Crypto investors works for them (just a few years quicker)

Everyone wins.

The "currency" is dependent on electricity and the internet...

Every purchase leaves a trail...

What happens if you lose/forget your wallet password?

In the US, a person is not responsible for any fraud against them, so I really do not see the benefit of taking extra steps to change my money into a bitcoin, just to buy a book online, and how do I go about private transaction?

If I want to buy something from someone and leave no trail??

I'm issuing a warning!

My way has the test of time...

I just don't recommend putting everything you have in any one investment...

Bitcoin is scarce, it's impossible for anyone to just create more.

Bitcoin is uncensorable, nobody can stop you from transferring it anywhere in the world.

Bitcoin is unconfiscatable, no government can reach into your account and snatch it in the dead of night.

Your dollars are none of those things. If you can't see the value in that then I don't know what to tell you.

Think of it like real estate or gold, you're buying a piece of the largest computing network in the world, that was designed to do nothing more than be the best money mankind has ever seen. Sure the value will fluctuate against the dollar like those other assets do, but for the last 12 years it's been nothing but up in long timeframes.

To me the other cryptos are cheap knock offs, not unlike the peso.

I just have to laugh at threads like these.

I have a doctorate, and IQ of 138, and have been into crypto since 2013.

So I don't really fit your description, OP.

Right, "dumbest people." Or maybe its just that the OP doesn't know the right people?

Maybe the OP is a butt-hurt no-coiner who doesn't recognize the signs of the times?

Maybe the OP sold at the market low?

Maybe he is doing is wrong.

The dollar ain't going anywhere for awhile, but neither is crypto, gold, or silver.

The game is not about "either or," learn how to capitalize by using them all.

He just discovered the internet bro. Give him a chance.

Someone like elon can make a tweet and make the value get cut in half. Some "investment".

Of course you'll only hear from the ones who bought cheap and sold at 64,000, never the ones who mortgaged their homes and bought when it was 55,000.

A lot of these cointards are liars that deserve a foot up their ass.

What a shitty troll

You seem like you have too low of an IQ to even understand what blockchain and cryptocurrency is.

Look up the head of the sec. Then look up the classes he taught at MIT regarding blockchain and crypto.

You are an archaic fool that is bitter and jealous.

Enjoy staying low class.

You seem like someone who wants people to pump their crypto so they can dump theirs at a profit.

Sorry, but this time bitcoin is going to be put to bed for good. Should have sold when it was in the 50's.

Success does not come from manufactured scarcity...That's an illusion...In the short term you may make a fortune, and it can vanish even faster...

As the population grows and everyone is using bitcoin, how will that work out if there are a limited number? How will pricing be calculated?

If I want to sell something, what is the dollar to bitcoin conversion? Why go through that extra step anyway?

Not an abstract thinker, are you. Once you do some research and understand what he was trying to say, you will realize why your comment is dumb.

Translation: "shit, he called it right"

1 bitcoin bought pizza, then 1 bitcoin bought an expensive care, now within a week you need two bitcoins to buy that car.

Yeah, nothing wrong there. Sound like a stable currency.

Zimbabwe has the same problem...exponentially backwards

I don't really care how much a product costs, but I want to know it will be the same when I need to buy it again, how else can I buget?

Please show me your monthly spending bitcoin budget:

Rent

Car

utilities

I want to see bitcoin in real life...

When it comes to money, not being scarce is a disaster. What makes a money valuable is confidence in it's value. People are losing confidence in their government run currencies all over the world. The value of those can and do vanish too. We have an alternative now that's never been presented before.

If everyone is using bitcoin there won't be a need to convert to dollars. If smaller denominations are needed the decimal point can just be moved not unlike a stock split.

The value will stabilize as market cap grows.

Three years ago our neighbor and his brother bought a bunch of XRP (I think). They bought it when it was just a few cents per coin then it shot up and they sold it for a massive profit. I’m jealous because he was able to by a new tractor and a side by side.

You're one of those no coiners. (An idiot) Crypto is the future, not the bucks that are just printed out of thin air. (That needs a balance sheet that they manipulate every day) There are some promising technologies in about 1% of Crypto's the rest are all scams. So don't paint all Crypto coins into a corner.

Just wait until the retroactive crypto tax audits are rolled out.

Brief your token is called HEX
It is a very well audited CD.

Bitcoin is
Byzantine Fault Tolerant
Too expensive/powerful to 51% attack
No double spends
Very Hard public Data Storage

Having these properties NETWORKED is valuable, or is certainly non zero.
1 btc = 1 btc, guaranteeing this over a network is mathematically significant and useful.
Similarly, Random Numbers are VALUABLE. Prime Numbers are VALUABLE. Now imagine being able to send and CHEAPLY/trustlessly verify that these packets are True. Decentralization is what the smartest are working on but this is HARD mathematically. Scaling Ether is not easy.
SmartContracts are the thing behind the scene that regular users will never see. Like settling contracts in 'dollar pegged' crypto swapping from whatever coin/token the parties want.

So theoretically a candy bar could cost .0000000000000000189 Bitcoin?

Is that how pricing will work?

1 bitcoin = a billion dollars?

^
delusional idiot

Please share what you think are the 1% of cryptos

^
blowing smoke up people's asses.

Bitcoin could go extremely high against the dollar. As the keep the presses rolling them out, and people lose confidence and dump dollars for alternatives.

Yes, it might just take an extremely small fraction of a bitcoin to buy a candy bar in the future.

Like I said, the decimal point could be moved for a new smaller denomination. Right now we have the Satoshi which is equivalent to .00000001 Bitcoin.

^
Exhibit A and B. Dumb and dumber, not necessarily in that order.

The US backed Fedcoin will become reality before their delusions do.

Getting rid of complaining, smoking, bathroom break, family time, pensions, healthcare and on and on PEOPLE ! That is it. No the PTB don't want this LOL Everyone here is a joke !

So let me get this right. You brainiac brainfart no coiners So you think that the Billions the financial and banking institutions have invested to pick your pockets with, (Setting up these platforms is bad money and their friends in that very field, will throw them under the bus wasting the billions that they invested already. ?


You're dumber than I thought !

actions speak louder than words dummies.