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re: Warren Buffett absolutely demolishes Bitcoin.
Posted on 3/6/24 at 5:07 pm to The Baker
Posted on 3/6/24 at 5:07 pm to The Baker
I love the idea of crypto because the government hates it and can't track your purchases to tell you that you are too many carbs that day etc. But honestly I don't see how it's not just a ponzi scheme
5
Posted on 3/6/24 at 5:10 pm to medium rare
quote:
can't track your purchases
Bitcoin can be tracked easier than cash.
Posted on 3/6/24 at 5:12 pm to medium rare
quote:
I love the idea of crypto because the government hates it and can't track your purchases
This is a pretty big myth with crypto. Very few are untraceable.
Posted on 3/6/24 at 5:22 pm to medium rare
quote:
But honestly I don't see how it's not just a ponzi scheme
Tell me how the entire stock market isnt the same damn thing.
Posted on 3/6/24 at 5:32 pm to medium rare
quote:
the government hates it and can't track your purchases
You sure about that - it’s on the interwebs, they track everything
Posted on 3/6/24 at 5:43 pm to medium rare
quote:
the government hates it and can't track your purchases to tell you that you are too many carbs
With bitcoin and most coins, I’m pretty sure the minute you connect you wallet to an account with your information, they can identify you and every purchase from that wallet. The marketers that figure this out have a treasure trove of profile and purchase history on anyone who uses crypto to pay for something or anything really.
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