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Message

re: Crypto is Gen Z’s Beanie Babies

Posted on 6/16/22 at 1:10 pm to
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11240 posts
Posted on 6/16/22 at 1:10 pm to
Then name a few other uses for crypto.
Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
58009 posts
Posted on 6/16/22 at 1:31 pm to
quote:

Are you really this tough
what do you mean tough? I just called out out for being a idiot.
quote:

Crypto currency was invented to be used as currency!
no it wasnt. It was designed to be a crowd controlled ledger. First use case started as a currency.... and like i said BTC failed at that.
quote:

Without broader usage as currency, it’s going to be volatile and some, potentially worthless.
a ton of stocks are worthless..you act like this is just a crypto trait.

quote:

You keep your narrow minded focus on the hope and go all in bro.
my narrow mind? Says the old man screaming at the cloud.
quote:

Your slogan should be
“Be a man- Buy crypto.”
why? i dont discriminate, I want woman to buy too.
Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
58009 posts
Posted on 6/16/22 at 1:34 pm to
quote:

I can buy stuff with Bitcoin. I can't buy stuff with my shares of Walmart.


Uhh…
Not even sure if this warrants a reply.

So I won’t

because you only argument was shredded.

Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
58009 posts
Posted on 6/16/22 at 1:35 pm to
he has been asked a multitude of question in this thread he has yet to answer.
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11240 posts
Posted on 6/16/22 at 1:42 pm to
You screwed him all up when you mentioned ledger. He doesn't have a clue what you are talking about.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
81736 posts
Posted on 6/16/22 at 1:43 pm to
quote:

Did BTC start as wanting to be a currency, sure
no it did not, evident by the white paper
Posted by Chuckiee
Member since Jan 2007
2580 posts
Posted on 6/16/22 at 2:23 pm to
quote:

no it did not, evident by the white paper


Please do not bring facts to the discussion
Posted by SlidellCajun
Slidell la
Member since May 2019
13695 posts
Posted on 6/16/22 at 2:26 pm to
quote:

Then name a few other uses for crypto.


I’m not the one to ask as I don’t use it.
What do YOU use it for?

I know the premise was to be a counter currency to fiat currency. Taking bitcoin for example, It would provide secure transactions without government involvement. Because of its limited supply, it would very likely increase in value as its demand grows. It would also provide a great hedge against inflation as it’s value increased.

We’re in the very environment where bitcoin was suppose to shine- and it isn’t. That’s the market talking to you.

I suggest you keep an open mind and listen to it.

Guessing you think bitcoin is undervalued. Tell us, why is it crashing?
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
81736 posts
Posted on 6/16/22 at 2:36 pm to
quote:

he has been asked a multitude of question in this thread he has yet to answer.

Go check out his 24 page thread on MT where he goes in circles on questions at least 25 times throughout the thread.
Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
58009 posts
Posted on 6/16/22 at 2:40 pm to
quote:

no it did not, evident by the white paper


when i said that, I was referring to its first use case.
This post was edited on 6/16/22 at 2:40 pm
Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
58009 posts
Posted on 6/16/22 at 2:41 pm to
quote:

I suggest you keep an open mind and listen to it.
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11240 posts
Posted on 6/16/22 at 2:43 pm to
quote:

I’m not the one to ask as I don’t use it.
What do YOU use it for?

I know the premise was to be a counter currency to fiat currency. Taking bitcoin for example, It would provide secure transactions without government involvement. Because of its limited supply, it would very likely increase in value as its demand grows. It would also provide a great hedge against inflation as it’s value increased.

We’re in the very environment where bitcoin was suppose to shine- and it isn’t. That’s the market talking to you.

I suggest you keep an open mind and listen to it.

Guessing you think bitcoin is undervalued. Tell us, why is it crashing?


Did I take a time machine and land in 2009? At what point do you stop being lazy and start researching? With the time you spent saying the same retarded things over and over again, you could have learned some stuff.
Posted by Tigersonfire
Pville
Member since Oct 2018
3027 posts
Posted on 6/16/22 at 3:37 pm to
Wait did some idiot say it was going to replace gold??? Dear god these fricking millennials and Gen z’s. They live in a fairly tail world with their pixie dust being bitcoin. This country is so fricked if they don’t grow up soon.
Posted by SlidellCajun
Slidell la
Member since May 2019
13695 posts
Posted on 6/16/22 at 5:02 pm to
quote:

Did I take a time machine and land in 2009? At what point do you stop being lazy and start researching? With the time you spent saying the same retarded things over and over again, you could have learned some stuff.


Typical non answer

I think you’re trying to come off as an expert but you’re just one of the many Bitconfused
This post was edited on 6/16/22 at 5:04 pm
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43474 posts
Posted on 6/16/22 at 5:16 pm to
To be frank, I'm not convinced there is an answer that will satisfy you.


Crypto tends to fall into three camps:
- those who believe they see world-changing potential with the tech and invest
-those who no don't see a realistic future for the tech, or think its applications are limited, and do not invest or invest very little
-degens who only see people getting rich and gambling on random small mcap altcoins.

I've yet to see any people in camp B convert to camp A. And that's because most of us live in the USA. Crypto has only made a big difference in the lives of people in countries with terrible fiat currencies or people who invested very early on.

People in Argentina are flocking to crypto to get away from their local currency. Not really the case in the US, despite current circumstances.
This post was edited on 6/16/22 at 5:20 pm
Posted by OweO
Plaquemine, La
Member since Sep 2009
118171 posts
Posted on 6/16/22 at 5:27 pm to
quote:

Then name a few other uses for crypto.


Places that accept bitcoin as payment.

KFC Canada
Shopify
Subway
Playboy
Dish
Intuit Labs

You can use purse.io to use bitcoin on Amazon

You can use crypto to buy tickets to the Mavs games as well as merchandise in their store. Same thing goes for the Dolphins.

There are players, including Odell Beckham who are paid in Bitcoin.

When Wikipedia ask for donations every year, they accept crypto.

And you can receive bitcoin and then got to a Bitcoin ATM and exchange it for cash.

Name uses for money and you will name uses for crypto.
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11240 posts
Posted on 6/16/22 at 6:08 pm to
quote:

Typical non answer

I think you’re trying to come off as an expert but you’re just one of the many Bitconfused


You don't understand anything anyone is talking about. It's like explaining theoretical physics to non physicists.

I'm currently lending crypto and earing yield.
I'm currently staking crypto and earning yield.
I'm currently own a crypto CD and earning yield.
I'm currently holding multiple tokens for the ability to use their networks.
I'm holding another token for increased yields + increased debit card rewards. That's the debit card that I told you about that allows you to pay your loans and receive cash back.

None of that means a damn thing to you because you are too lazy to research and rather spend your time looking oblivious to anyone in crypto. Your view on crypto is over 10 years old.
Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
58009 posts
Posted on 6/16/22 at 6:14 pm to
quote:

This country is so fricked if they don’t grow up soon.
you boomer frick heads are the reason this country is where we are today. Typical shithead trying to place blame.
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11240 posts
Posted on 6/16/22 at 7:16 pm to
These cats are completely oblivious to the needs of billions of people in poor countries. Crypto solves so many issues for people. I bet these cats are conservatives dunking on a decentralized product.
Posted by SlidellCajun
Slidell la
Member since May 2019
13695 posts
Posted on 6/17/22 at 8:17 am to
quote:

None of that means a damn thing to you because you are too lazy to research and rather spend your time looking oblivious to anyone in crypto. Your view on crypto is over 10 years old.



I can explain the risks to you but I can’t make you understand it.
Good luck with it.
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