Started By
Message

re: Does anyone actually use Bitcoin to buy/barter?

Posted on 12/17/24 at 12:43 pm to
Posted by FAT SEXY
California
Member since Jun 2020
1469 posts
Posted on 12/17/24 at 12:43 pm to
Bitcoin topics always devolve into Gold discussion it seems.
Posted by FAT SEXY
California
Member since Jun 2020
1469 posts
Posted on 12/17/24 at 12:54 pm to
We are talking to each other over electronic devices containing gold in the contact points and you're asking me how are lives would be different today without it.

Gold is dense, but you are denser.
Posted by SlidellCajun
Slidell la
Member since May 2019
16046 posts
Posted on 12/17/24 at 12:56 pm to
quote:

We are talking to each other over electronic devices containing gold in the contact points and you're asking me how are lives would be different today without it.


Gold impacts everyone’s life in ways they don’t even know and bitcoin has zero impact on anyone’s life for those involved in legitimate business
This post was edited on 12/18/24 at 12:35 pm
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11514 posts
Posted on 12/17/24 at 6:12 pm to
A board with 90% conservatives sure does love to crap on something that protects freedom.
Posted by el Gaucho
He/They
Member since Dec 2010
58515 posts
Posted on 12/17/24 at 7:01 pm to
It’s fake money created by the cia to honeypot drug dealers and pedophiles


I love bama you remind me of the game of thrones lady’s brother that they poured gold on his head

You couldn’t do that with bitcoin
Posted by beaverfever
Arkansas
Member since Jan 2008
35461 posts
Posted on 12/17/24 at 8:30 pm to
quote:

It’s fake money created by the cia
CIA fake money>Federal Reserve fake money.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
93782 posts
Posted on 12/17/24 at 9:55 pm to
quote:


It’s fake money created by the cia to honeypot drug dealers and pedophiles


I love bama you remind me of the game of thrones lady’s brother that they poured gold on his head

You couldn’t do that with bitcoin


ow that was gold Jerry gold!!
Posted by UltimaParadox
North Carolina
Member since Nov 2008
51554 posts
Posted on 12/17/24 at 10:16 pm to
No Bitcoin only worked as low volume peer to peer currency just read the original white paper.

At a max 7 transactions per second it never had a chance. It is slow and basically 20 year old technology now. But since third party tiny banks in foreign countries control the price at this point, it can move it any direction they want it to
Posted by jefforize
Member since Feb 2008
45719 posts
Posted on 12/17/24 at 10:19 pm to


Cope

El Salvador First Union Trust is definitely driving BTC price action up
This post was edited on 12/17/24 at 10:24 pm
Posted by RedHawk
Baton Rouge
Member since Aug 2007
9541 posts
Posted on 12/18/24 at 9:37 am to
I don’t think anyone that invests in bitcoin cares that it is useless. They only care about how much money they can make off of it.

I wish I would have jumped in way back when, but I never understood its existence and still don’t, but still wish I would have thrown a few grand at it.
Posted by SlidellCajun
Slidell la
Member since May 2019
16046 posts
Posted on 12/18/24 at 12:40 pm to
quote:

A board with 90% conservatives sure does love to crap on something that protects freedom.


I am conservative and would love for bitcoin to be widely accepted as a currency but the fact is as we sit here today- it is not.

Also, when it comes to currency, I’m practical enough to know that a government loves its own currency. They have all sorts of fancy notes drawn up, and they have central banks to control it. It’s a big friggin deal.

So if bitcoin becomes a threat to the usage of the USD, I firmly believe that the US will crush it.

And bitcoin isn’t preserving or protecting freedom.
Moreso, It’s an integral part in tearing down the fabric of society as a favored currency of drug dealers, sex trafficers and international arms dealers.

This post was edited on 12/18/24 at 2:45 pm
Posted by lsuconnman
Baton rouge
Member since Feb 2007
4481 posts
Posted on 12/18/24 at 12:53 pm to
quote:

Bitcoin topics always devolve into Gold discussion it seems.


It seems like just yesterday when the justification for BTC was it’s like gold and it’s purpose was to act as a hedge against the dollar.
Posted by Billy Blanks
Member since Dec 2021
4989 posts
Posted on 12/18/24 at 12:55 pm to
I think it's wild it's not out in the open for who started it.
Posted by lsuconnman
Baton rouge
Member since Feb 2007
4481 posts
Posted on 12/18/24 at 1:54 pm to
quote:

It is slow and basically 20 year old technology now.


BTC remains the only example where a dated technology continues to increase in value as it ages.
Posted by CecilShortsHisPants
One Foty Fo uh uh Magnolia Screet
Member since Oct 2012
3708 posts
Posted on 12/18/24 at 3:35 pm to
Never change, el gaucho
Posted by TigerFanatic99
South Bend, Indiana
Member since Jan 2007
34753 posts
Posted on 12/18/24 at 6:49 pm to
I only use it to buy my fat shots from China.
Posted by boomtown143
Member since May 2019
9407 posts
Posted on 12/18/24 at 7:20 pm to
quote:

Moreso, It’s an integral part in tearing down the fabric of society as a favored currency of drug dealers, sex trafficers and international arms dealers.


your CIA run banks have been doing that since the beginning lol.
Posted by boomtown143
Member since May 2019
9407 posts
Posted on 12/18/24 at 7:23 pm to
quote:

It’s got a stigma as a favored currency for illicitly activity from underground stolen goods to child sex trafficking and even arms dealing including nuclear weapons. No clue if any of that is true.
I know for certain that it’s been used for illegal activity on some local crimes.



https://www.nbcnews.com/politics/justice-department/bob-menendezs-indictment-highlights-gold-bars-wads-cash-rcna116935

Please keep going.

https://www.sanctions.io/blog/understanding-the-risk-of-money-laundering-through-gold#:~:text=The%20gold%20market%20plays%20a,make%20it%20easier%20to%20manipulate.

quote:

Gold, with its timeless allure and high liquidity, has become a magnet for financial crime. Its unique characteristics, such as anonymity and rapid turnover, make it an ideal vehicle for money laundering.

The gold market's vulnerabilities, coupled with its global demand, further enhance its attractiveness to criminals. Its high value, rapid turnover, and the ease in conducting gold transactions makes it an attractive proposition for criminals aiming to launder money.

It’s the inconsistencies within the gold sector that lend themselves to exploitation. Inconsistent trade patterns and regulatory loopholes can veil illicit funds, making the detection of such activities significantly challenging, thus contributing to the risk of money laundering through gold.

The Role of the Gold Market in Money Laundering
The gold market plays a pivotal role in money laundering, serving as an excellent vehicle for illicit funds due to its rapid turnover and global demand. These attributes, coupled with relatively lax regulation in certain regions, make it easier to manipulate. Gold transactions often lack the level of scrutiny found in more traditional financial systems, providing a convenient platform for criminals to exploit.



"yeah, well if everything collapses you can barter with gold!!"
Show up to my door and tell me you want to trade gold for food or ammo and watch what I point straight at your forehead then say "get off my lawn""
you are a f'n idiot man.
This post was edited on 12/18/24 at 7:28 pm
Posted by SlidellCajun
Slidell la
Member since May 2019
16046 posts
Posted on 12/18/24 at 7:44 pm to
quote:

"yeah, well if everything collapses you can barter with gold!!" Show up to my door and tell me you want to trade gold for food or ammo and watch what I point straight at your forehead then say "get off my lawn"" you are a f'n idiot man


But you’ll trade your bitcoin for something?

Like what?
Posted by SlidellCajun
Slidell la
Member since May 2019
16046 posts
Posted on 12/18/24 at 7:45 pm to
quote:

Too slow to be used to buy coffee. But it is superior to gold and eventually will reflect that.


Key word

“Eventually”

Been saying that for a while now eh?
first pageprev pagePage 2 of 6Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram