Meta shareholders rejected the Bitcoin plan with less than 1% in favour. The proposal called Bitcoin a hedge against inflation and weak bonds. GameStop and Metaplanet are among firms copying Saylor’s Bitcoin play.
I had an acquaintance ask me about my opinion on crypto a few years ago and I explained it only has the perceived value and is highly volatile as a result, and that all but a few coins were basically rug pulls waiting to happen. He was satisfied with that and moved on. About a year later crypto had roughly doubled in value and he gave me shit about bad advice (it was an opinion not investment advice) and proceeded to move $10k into some coin I’d never heard of. About a month later a mutual friend said the other guy had lost like $8k of his $10k investment. Next time I saw the acquaintance there was no mention of crypto.
It’s not, but there are plenty of crypto scams. It’s not an investment and it’s also not a particularly good store of value, but it is decent for P2P transactions, with some coins also providing privacy.
If that’s not your use case, don’t buy cryptocurrencues. Most people shouldn’t buy them until more places accept them for payment.
They’re the same with AI. Had these people been interested years ago, they would be sitting pretty. But they kept telling everyone it’s garbage. Now it’s just sunk costs for them
BECAUSE CRYPTO IS A SCAM
I had an acquaintance ask me about my opinion on crypto a few years ago and I explained it only has the perceived value and is highly volatile as a result, and that all but a few coins were basically rug pulls waiting to happen. He was satisfied with that and moved on. About a year later crypto had roughly doubled in value and he gave me shit about bad advice (it was an opinion not investment advice) and proceeded to move $10k into some coin I’d never heard of. About a month later a mutual friend said the other guy had lost like $8k of his $10k investment. Next time I saw the acquaintance there was no mention of crypto.
Yeah, it’s like those people who fall for ads where people get rich going to the casino.
It’s not, but there are plenty of crypto scams. It’s not an investment and it’s also not a particularly good store of value, but it is decent for P2P transactions, with some coins also providing privacy.
If that’s not your use case, don’t buy cryptocurrencues. Most people shouldn’t buy them until more places accept them for payment.
Same way fiat is.
Édit: damn, and I thought bitcoiners were obnoxious You guys take the cake with so much copium.
They’re the same with AI. Had these people been interested years ago, they would be sitting pretty. But they kept telling everyone it’s garbage. Now it’s just sunk costs for them
Oh stop it
What’s the GDP of Bitcoinistan?
Probably the same as North Korea, with the amount of money laundering, ransomware, propaganda and scams they do 😄
Monero is the only good crypto