cryptocurrency

[Izmael]

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

lel

¯\_(ツ)_/¯

[Schaduwridder]

Today, 04:59 AM

[HippoNipple]

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

As for sending money to anyone in the world, we already have paypal , payoneer, bank wires and credit cards.

Those forms of money payment have nothing to do with Crypto. The point of Crypto is to avoid currency manipulation by government. They can print more money which will devalue what you have. The US does this but not to the extent you see it in some countries where the value of their currency goes down 10% a year. Whether or not you think Crypto does a good job at this or not is one discussion, but paypal just sends something like USD from one person to another. You are completely missing the point.

[White_knight]

Bitcoins can be printed too -- Old Joe inventor can just release 5,000,000 million more coins overnight.

Why do bitcoins have to be mined in the first place? Such a wierd concept for a modern currency.

-hey lets make this new internet currency that has no tangible assest value backing it up.
-hey why dont we make it so people need to mine for it too as if it's some sort of real life Eve Online game.

*watch as idiots with FOMO scramble over their finances to buy them as wealthy men with tangible RL assets use Bitcoin as one of the biggest pump and dump scams ever seen in History*

[Izmael]

so much ignorance in just one post is going to be hard to top

[Schaduwridder]

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

Those forms of money payment have nothing to do with Crypto. The point of Crypto is to avoid currency manipulation by government. They can print more money which will devalue what you have. The US does this but not to the extent you see it in some countries where the value of their currency goes down 10% a year. Whether or not you think Crypto does a good job at this or not is one discussion, but paypal just sends something like USD from one person to another. You are completely missing the point.

Yea because you cant just "Mine" More garbage coins right?

the Japanese guy who invented bitcoin can generate as many as he wants and no one will know I guarantee it.

Wonder how many he had / sold, don't forget he was a professional banker ( and you are dirt poor )

[Schaduwridder]

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

Bitcoins can be printed too -- Old Joe inventor can just release 5,000,000 million more coins overnight.

Why do bitcoins have to be mined in the first place? Such a wierd concept for a modern currency.

-hey lets make this new internet currency that has no tangible assest value backing it up.
-hey why dont we make it so people need to mine for it too as if it's some sort of real life Eve Online game.

*watch as idiots with FOMO scramble over their finances to buy them as wealthy men with tangible RL assets use Bitcoin as one of the biggest pump and dump scams ever seen in History*

the mining concept had to do a lot with the people who started bitcoin owning mining technology companies that magically disappeared soon as bitcoin bombed. Again, more of the scam which few were involved in.

[Izmael]

cant decide if troll or genuinely retarded

[White_knight]

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

cant decide if troll or genuinely retarded

Yes, yes.

Everyone is wrong says the millionaire bitcoin trader who plays EverQuest 7 days a week.

[Wonkie]

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

Those forms of money payment have nothing to do with Crypto. The point of Crypto is to avoid currency manipulation by government. They can print more money which will devalue what you have. The US does this but not to the extent you see it in some countries where the value of their currency goes down 10% a year. Whether or not you think Crypto does a good job at this or not is one discussion, but paypal just sends something like USD from one person to another. You are completely missing the point.

what you attribute to government i attribute to growth. problem is i'm right.

thereby and forthwith i grant thee the rank of "Major Dumbass"