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re: Why bitcoin is worse than a Madoff-style Ponzi scheme
Posted on 12/23/21 at 5:55 am to tigerpawl
Posted on 12/23/21 at 5:55 am to tigerpawl
quote:
This is driving the gov't crazy. It's all about power - and the thought of losing it. A modern-day Boston Tea Party.
And there's the big problem. Government will get involved. It will be co-opted by those that many wish to subvert. Back to square 1.
Btw, I'll need to see the house and car that were offered to me. At that point I would then compare their DOLLAR VALUE to what crypto owners think Bitcoin/meme coin-of-the day is worth.
Then I'd almost assuredly turn both down, as I'm not going to give up my hard earned dollar to exchange for a wildly fluctuating meme coin that someone developed in their basement.
So, I have a question. There are only 21 million Bitcoin available. You can divide that down to 8 decimal places or Satoshi. What happens when everyone is using it? Will there be enough Bitcoin for the population? What happens when the population doubles?
Posted on 12/23/21 at 8:10 am to KCRoyalBlue
quote:And there's the big misconception. People keep saying this but they never say how. They never complete the sentence. You'll always see vague, undefined references to it but you'll never see a schematic. The gov't CAN'T get involved (other than taxing gains).
And there's the big problem. Government will get involved.
Posted on 12/23/21 at 3:26 pm to KCRoyalBlue
quote:I thought this thread was about Bitcoin. You keep saying Memecoin in your posts. Bitcoin and meme coins are not the same.
Then I'd almost assuredly turn both down, as I'm not going to give up my hard earned dollar to exchange for a wildly fluctuating meme coin that someone developed in their basement.
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