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ChuckO1975
LSU Fan
Member since Feb 2021
90 posts

re: Official CryptoTalk Thread
quote:

The Fedcoin sounds like a really stupid idea.



Why? FedCoin will be stable, cheap to use, with fully transparent and audit friendly transaction histories.

It's like Bitcoin but a real use case and infinitely more horrifying. Sounds like a treasury/IRS dream project.


lsu777
LSU Fan
westlake
Member since Jan 2004
16239 posts

re: Official CryptoTalk Thread
quote:

It's like Bitcoin but a real use case and infinitely more horrifying. Sounds like a treasury/IRS dream project.



is it going to have an extremely regulated supply that they can not manipulate?


CE Tiger
LSU Fan
Metairie
Member since Jan 2008
40168 posts

re: Official CryptoTalk Thread
Will need proof of reserve and a price oracle... sounds like it needs to be powered by Chainlink


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30
rocket31
Toledo Fan
Member since Jan 2008
36538 posts

re: Official CryptoTalk Thread
quote:


It's use case is to kill off all of the othercoins


yea seems likely. I am not sold on the future of payment coins


DreauxB2015
LSU Fan
Poli Board President-Elect
Member since Nov 2015
6190 posts

re: Official CryptoTalk Thread
Always loved this gif .



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20
ChuckO1975
LSU Fan
Member since Feb 2021
90 posts

re: Official CryptoTalk Thread
quote:

is it going to have an extremely regulated supply that they can not manipulate?



Nope. It's going to be like the USD, except easier to trace and tax, and isolate wrong-thinkers.

actually, that should be their slogan: "The worst aspects of USD and Bitcoin in one product!"
This post was edited on 2/23 at 1:15 pm


jmcwhrter
Member since Nov 2012
3303 posts

re: Official CryptoTalk Thread
quote:

isolate wrong-thinkers.


I'd love to know how much cryptocurrency our intelligence community moves around


jimbeam
US Army Fan
University of LSU
Member since Oct 2011
69623 posts

re: Official CryptoTalk Thread
CIA



finchmeister08
Florida Fan
Member since Mar 2011
24701 posts
 Online 

re: Official CryptoTalk Thread







21JumpStreet
Texas Tech Fan
Member since Jul 2012
11917 posts

re: Official CryptoTalk Thread
Make it stop!


lsu777
LSU Fan
westlake
Member since Jan 2004
16239 posts

re: Official CryptoTalk Thread
quote:

Make it stop!


why? hell no, get the MFer to 35kish. Gonna be able to buy lots of sweet coins.


jimbeam
US Army Fan
University of LSU
Member since Oct 2011
69623 posts

re: Official CryptoTalk Thread
This is your time boys


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00
21JumpStreet
Texas Tech Fan
Member since Jul 2012
11917 posts

re: Official CryptoTalk Thread
Yea, I don't have THAT much skin. Go down to $1 and I'm liquidating everything I own


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00
DVinBR
US Space Force Fan
Member since Jan 2013
7587 posts

re: Official CryptoTalk Thread


Vols&Shaft83
Auburn Fan
Throbbing Member
Member since Dec 2012
67374 posts
 Online 

re: Official CryptoTalk Thread


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40
martiallaw
Colorado Fan
Louisiana
Member since Jan 2008
1319 posts

re: Official CryptoTalk Thread
Has anyone looked into the Greyscale Trust (GBTC) ? I was thinking about moving some IRA $ and moving it to buy GBTC.


Douglas Quaid
TBD Fan
Mars
Member since Mar 2010
3199 posts

re: Official CryptoTalk Thread
quote:

It's going to be like the USD, except easier to trace and tax, and isolate wrong-thinkers.


Spot on.

quote:

actually, that should be their slogan: "The worst aspects of USD and Bitcoin in one product!"


Eh, there won't be any need for decentralization so it should scale easily.


rocket31
Toledo Fan
Member since Jan 2008
36538 posts

re: Official CryptoTalk Thread
Square announced the purchase of 3318 bitcoins to their balance sheet today


Ooh Wee Ooh
LSU Fan
Member since Nov 2008
1220 posts

re: Official CryptoTalk Thread
quote:

3318 bitcoins


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00
TigerTatorTots
LSU Fan
The Safeshore
Member since Jul 2009
76514 posts

re: Official CryptoTalk Thread
Average price of $51,200. What chumps!


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