General Category > Economy/Business
Cryptocurrency Thread
catfish1957:
--- Quote from: Free Vulcan on December 18, 2021, 05:14:06 pm ---Like @DefiantMassRINO said, crypto is just another medium of exchange and store of wealth.
And a great deal of crypto is about as sound as our own Federal Reserve fiat currency, that can be minted anytime, anywhere, and in any amount. Not exactly a great improvement.
--- End quote ---
While I am not a fan or strong believer in our own currency. Look at Reply #5 vs. $USD if you really think there is any analogy of "soundness" between the two. Stability like that would debilitate the financial markets.
Bigun:
Gold, Silver, Platinum, Diamonds, and other things with intrinsic value.
Free Vulcan:
--- Quote from: catfish1957 on December 18, 2021, 10:52:13 pm ---While I am not a fan or strong believer in our own currency. Look at Reply #5 vs. $USD if you really think there is any analogy of "soundness" between the two. Stability like that would debilitate the financial markets.
--- End quote ---
This is a whole new market. It will be wild west for awhile.
I wouldn't recommend most people buying into it.
kevindavis007:
Amazon Crypto Token 2022: When is Amazon launching it?
https://www.marca.com/en/lifestyle/us-news/2021/12/20/61c0c786e2704e09078b457a.html
kevindavis007:
5 predictions for bitcoin, NFTs and the future of money
https://www.cnet.com/personal-finance/crypto/5-predictions-for-bitcoin-nfts-and-the-future-of-money/
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