Welcome to 'Crypto'

From Bitcoin to Litcoin, from Dogecoin to Coinye, the discussion of crypto belongs in this subsection.
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Enigma
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Welcome to 'Crypto'

Post by Enigma » Sun Jan 31, 2021 8:56 pm

DBDK brought up the need for a crypto section, so here we are. I made him the mod in case he's right and a few people do come as a result.
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Das Troll
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Re: Welcome to 'Crypto'

Post by Das Troll » Mon Feb 01, 2021 12:21 am

I'm down.

DBDK
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Re: Welcome to 'Crypto'

Post by DBDK » Mon Feb 01, 2021 2:25 am

This is pretty cool :D

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Enigma
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Re: Welcome to 'Crypto'

Post by Enigma » Mon Feb 01, 2021 6:57 am

Figure with the way the world is going this was actually a great suggestion.
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DBDK
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Re: Welcome to 'Crypto'

Post by DBDK » Mon Feb 01, 2021 11:07 pm

Lots of people getting crypto Visa cards and going almost-bankless

Das Troll
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Re: Welcome to 'Crypto'

Post by Das Troll » Tue Feb 02, 2021 1:13 am

DBDK wrote:
Mon Feb 01, 2021 11:07 pm
Lots of people getting crypto Visa cards and going almost-bankless
I can't imagine using regular crypto as money really. They tried that with BTC but it never worked out. Stable coins however would work pretty well. Some sort of DeFi or USDC.

DBDK
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Re: Welcome to 'Crypto'

Post by DBDK » Tue Feb 02, 2021 4:58 am

Das Troll wrote:
Tue Feb 02, 2021 1:13 am
DBDK wrote:
Mon Feb 01, 2021 11:07 pm
Lots of people getting crypto Visa cards and going almost-bankless
I can't imagine using regular crypto as money really. They tried that with BTC but it never worked out. Stable coins however would work pretty well. Some sort of DeFi or USDC.
BTC > cash is pretty easy, there are ATM's in most cities, even smaller ones these days.

The Visa cards are debit/credit cards that let you carry plastic and tap and stuff.

You load an account with crypto and spend it in fiat on the card, usually.

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Enigma
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Re: Welcome to 'Crypto'

Post by Enigma » Tue Feb 02, 2021 6:29 am

DBDK wrote:
Tue Feb 02, 2021 4:58 am
Das Troll wrote:
Tue Feb 02, 2021 1:13 am
DBDK wrote:
Mon Feb 01, 2021 11:07 pm
Lots of people getting crypto Visa cards and going almost-bankless
I can't imagine using regular crypto as money really. They tried that with BTC but it never worked out. Stable coins however would work pretty well. Some sort of DeFi or USDC.
BTC > cash is pretty easy, there are ATM's in most cities, even smaller ones these days.

The Visa cards are debit/credit cards that let you carry plastic and tap and stuff.

You load an account with crypto and spend it in fiat on the card, usually.
I like how you cited fiat currency despite BTC not being backed by anything either. In fact, BTC is arguably backed by LESS since there's no government backing.
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DBDK
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Re: Welcome to 'Crypto'

Post by DBDK » Fri Feb 05, 2021 5:01 pm

Helladamnleet wrote:
Tue Feb 02, 2021 6:29 am
DBDK wrote:
Tue Feb 02, 2021 4:58 am
Das Troll wrote:
Tue Feb 02, 2021 1:13 am
DBDK wrote:
Mon Feb 01, 2021 11:07 pm
Lots of people getting crypto Visa cards and going almost-bankless
I can't imagine using regular crypto as money really. They tried that with BTC but it never worked out. Stable coins however would work pretty well. Some sort of DeFi or USDC.
BTC > cash is pretty easy, there are ATM's in most cities, even smaller ones these days.

The Visa cards are debit/credit cards that let you carry plastic and tap and stuff.

You load an account with crypto and spend it in fiat on the card, usually.
I like how you cited fiat currency despite BTC not being backed by anything either. In fact, BTC is arguably backed by LESS since there's no government backing.
BTC isn't "backed" by anything, it is just really secure, in transactional terms and also in terms of supply.

If you knew how bank treasurers issued new fiat as debt, you would see the main selling point of BTC. New fiat is created every time a bank issues a big loan, they really have barely any money at all actually "backing" it all and have created a fucking MASSIVE debt and liability bubble, worldwide.

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Enigma
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Re: Welcome to 'Crypto'

Post by Enigma » Sat Feb 06, 2021 8:08 am

DBDK wrote:
Fri Feb 05, 2021 5:01 pm
Helladamnleet wrote:
Tue Feb 02, 2021 6:29 am
DBDK wrote:
Tue Feb 02, 2021 4:58 am
Das Troll wrote:
Tue Feb 02, 2021 1:13 am
DBDK wrote:
Mon Feb 01, 2021 11:07 pm
Lots of people getting crypto Visa cards and going almost-bankless
I can't imagine using regular crypto as money really. They tried that with BTC but it never worked out. Stable coins however would work pretty well. Some sort of DeFi or USDC.
BTC > cash is pretty easy, there are ATM's in most cities, even smaller ones these days.

The Visa cards are debit/credit cards that let you carry plastic and tap and stuff.

You load an account with crypto and spend it in fiat on the card, usually.
I like how you cited fiat currency despite BTC not being backed by anything either. In fact, BTC is arguably backed by LESS since there's no government backing.
BTC isn't "backed" by anything, it is just really secure, in transactional terms and also in terms of supply.

If you knew how bank treasurers issued new fiat as debt, you would see the main selling point of BTC. New fiat is created every time a bank issues a big loan, they really have barely any money at all actually "backing" it all and have created a fucking MASSIVE debt and liability bubble, worldwide.
I like how you cited fiat currency despite BTC not being backed by anything
you cited fiat currency despite BTC not being backed by anything
despite BTC not being backed by anything
BTC not being back by anything
BTC not being backed
BTC not backed
not backed
not.

You're missing the point. BTC is just as useless as any other currency. It's only worth something because people choose to pay that amount.
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Enigma
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Re: Welcome to 'Crypto'

Post by Enigma » Sat Feb 06, 2021 8:16 am

I just want to point out too, I'm not trying to be rude if you're taking it that way. I'm honest to god trying to have a discussion, and just come off as an asshole. Pls dnt go :(
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fuckreddit
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Re: Welcome to 'Crypto'

Post by fuckreddit » Sat Feb 06, 2021 6:28 pm

boomer

bone hair

doll hair

dollar

Do you have a dollar (portlandia, look it up)

homelessness

boomers made homelessness??
Ту лоцуи ин црима - орас!

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fuckreddit
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Re: Welcome to 'Crypto'

Post by fuckreddit » Sat Feb 06, 2021 6:29 pm

unapolligeticallllyyy destroyingh your economy argument
Ту лоцуи ин црима - орас!

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Re: Welcome to 'Crypto'

Post by kriptopoulin » Tue Mar 01, 2022 5:30 am

This is pretty cool.Thanks for the amazing information.It would be really appreaciated.
I am a crypto trader for the last 5 years.The Moon channel has been extremely helpful in this regard.
If you're looking to invest in crypto,visit The Moon channel to stay ahead of all the latest news on cryptocurrency.
https://www.youtube.com/c/TheMoonCar

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