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The financial shitstorm that it's gonna cause is when the world comes to its fucking senses and realizes that burning electricity to move around Internet Fun Bu
by deadmetheny 9y ago
The financial shitstorm that it's gonna cause is when the world comes to its fucking senses and realizes that burning electricity to move around Internet Fun Bucks is a massive waste, the bottom falls out entirely, and this whole thing is finally behind us. I'm gonna feel vaguely sorry for everyone who put their life's savings into Dunning-Krugerrands to get a handful of lucky nerds who got out at the right time rich.
- harrumph 9y ago>Managing and storing/handling/operating cryptocoins is not for the feint of heart. Given the body count of exchanges and coins that have collapsed due to unauthorized access, your spelling error is actually a beautiful thing.
- pessimizer 9y ago> everyone who put their life's savings into Dunning-Krugerrands I'm pretty sure that's going to turn out to be pension, mutual funds, and banks, just like last time, and everyone is going to be screwed. The question as bitcoin rises is how much has been borrowed against bitcoin holdings in how many ass-backward, half-fraudulent, made-legal-by-obscure-clauses-in-amendments-written-by-lobbyists-and-attached-to-unrelated-bills-with-bipartisan-support ways.