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Assholes and idiots, as usual, fuelled the crypto craze. They ruined a reasonable, although flawed, means of exchange with their greed and stupidity. There’s n
by ackfoo 8y ago
Assholes and idiots, as usual, fuelled the crypto craze. They ruined a reasonable, although flawed, means of exchange with their greed and stupidity.
There’s no value in a currency that is unstable either up or down because it’s not possible for those who wish to use it for its intended purpose to keep track of the fluctuations.
Plus, it was another way for monsters to destroy the planet, as if we needed another one of those.
When will you self-centred fucks understand that your personal profit does not justify destroying the planet?
- crazyfundu 8y agoBut Fiat currencies also inflate/deflate. Just that that rate is slower comparatively that's why it is reasonable to rely on them in short span of time. In long run if you aren't accounting for inflation/deflation then you are on losing end. For example, how often we hear that $10000 for that period..buy much more in today's world. PS: I am not trying to argue but putting across a counter point. I am not an expert niether in crypto or in economics.
- joejerryronnie 8y ago>When will you self-centred fucks understand that your personal profit does not justify destroying the planet? When the singularity occurs and all human consciousness merges into a single, altruistic meta-being?