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Forum nameGeneral Discussion
Topic subjectYou really can't just lump all crypto into the same bucket
Topic URLhttp://board.okayplayer.com/okp.php?az=show_topic&forum=4&topic_id=13433233&mesg_id=13445858
13445858, You really can't just lump all crypto into the same bucket
Posted by SeV, Sat Oct-23-21 09:49 PM
This ain't 2011

I mean bitcoin is legal tender in El Salvador now

And I'm sure Vietnam, Pakistan & India won't be too

*store of
>value*. a fundamental pivot of such magnitude is indicative of
>its failure

Could be talking about our current fiat banking system with that statement too

Don't know if you been keeping up with the economy but inflation is at a 30yr high

What do you think is going to happen to the dollar when that bubble pops?

and little to no practical use in the world.
>nations and banks will never yield control.

It won't be shut yielding control but they will have to adapt

corporations will
>never accept crypto as payment due to volatility.

Lol once again this ain't 2011



>
>crypto requires constant new investment to retain and raise
>value. at some point, the threshold limit will be met and the
>bubble will burst. the whales will walk away with everyone's
>investments and leave countless in ruin. maybe a bleek
>outlook, time will tell. if you got in early, good for you, as
>ponzi's always favor early investors.

There's a lot to unpack with this

But you kind of have an antiquated understanding of crypto

And that's cool

This post is for educational purposes too

I hate to sound all investor bro but u gotta do your DD (due diligence)

This was just a few days ago
https://www.fa-mag.com/news/paul-tudor-jones-is-using-crypto-to-hedge-against-inflation-64503.html

I mean yes the earlier you get in on investments the higher the return

That doesn't make it all a ponzi scheme

Not to say there aren't any pump n dumps out there

But you can avoid em with a lil 'DD'



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DALLAS LAKERICKS LETS GO!!