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yashg
searching PlanetScale…
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12 ms
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91.
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by
yashg
3y ago
Bro tell me what are you planning to buy when your magic token hits a bazillion worthless dollars? Hope you continue to DCA so the whales can have liquidity or are you a whale yourself? Salute in any case.
92.
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by
yashg
3y ago
What cool aid are you drinking?
93.
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by
yashg
3y ago
Cannot upvote it enough. This charade had gone on for far too long. The liquidity is coming from the poor, desperate people who have been sold a dream of eternal riches by the criminal scammers. Governments and law enforcement agencies must
94.
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by
yashg
3y ago
Sure, make sure you never spend your Bitcoins because it will be more in value tomorrow. If you can buy 1 pizza today, you will be able to buy 10 pizzas next year. If it can buy one house today, it will be able to buy a mansion 5 years down
95.
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by
yashg
3y ago
You say Bitcoin is real money because it is limited in supply (artificially since it's essentially a variable defined in the code) so that makes it deflationary. Anything deflationary in nature can't be money. I won't explain
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by
yashg
3y ago
I am not missing anything in life by not participating in a decentralised ponzi. I definitely get your motivation to keep finding new idiots to bring their real money in the game so grifters can unload their magic tokens for real cash.
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by
yashg
3y ago
Crypto crowd suffers from confirmation bias and are a classic example of the Dunning–Kruger effect. Any research that doesn't conclude the greatness of crypto is not valid research.
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by
yashg
3y ago
Just because I have a different opinion than you don't mean I haven't done my research or don't know shit. For you crypto folks the only legitimate research is the one that concludes that it is a magical cure to every problem
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by
yashg
3y ago
Nope. Businesses and housing have real utility. They are of value. Real value. Crypto tokens are a game of finding a bigger fool to make money.
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by
yashg
3y ago
I am not going to educate you on what gambling is, or what is the purpose of money. You made me laugh by calling some magic tokens revolutionary. Yes a revolutionary new way of duping poor people of their money.
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by
yashg
3y ago
Crypto is not a financial market. It's a gambling den. Unregulated one. Scammers use financial sounding mumbo-jumbo to lure destitute suckers with promises of infinite riches. Same old game. Wash trading with make believe shitcoins in
102.
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by
yashg
3y ago
>Bitcoin is the future Nope
103.
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by
yashg
3y ago
>Cryptocurrencies are the future of money LOL
104.
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by
yashg
4y ago
There is a publication in India (The Ken) that allows you to buy a single article. But the cost of a single article is so high, it's not really worth it. It's 1/6th of the price of their annual subscription. The idea is to di
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by
yashg
4y ago
Gambling in all forms - day trading, crypto, sports betting (in the name of fantasy sports), is becoming all too pervasive. It's everywhere and in your face. And the target are the most vulnerable who can least afford to lose money on
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by
yashg
4y ago
Demonetization induced usage reduced once cash was back in circulation. It was COVID era fear of touching cash and compulsion of lockdowns that really made digital payments hit the stratosphere.
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by
yashg
4y ago
When I joined a new job about 7 years back I was given a brand new stapler, a roll of tape and other office supplies on the joining day. When I left 4 years later I hadn't even finished one cartridge of stapler lins. Tape was unused as
108.
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by
yashg
4y ago
When it comes to crypto regulations though, US is lagging behind. Crypto is already taxed as gambling in India and is pretty much out of popular discourse. Just one season of crypto platforms advertising on India's biggest sporting lea
109.
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by
yashg
4y ago
Stablecoins are casino chips. Casinos at least have equivalent cash on hand to encash them. Stablecoin issuers are printing them out of thin air.
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by
yashg
4y ago
PoS violets one of the fundamental tenets of crypto/blockchain - decentralization. Bitcoin uses PoW because it at least had a possibility of avoiding monopolizing by ensuring that no single entity will ever come to own majority of proc
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by
yashg
4y ago
Because crypto is not money. It was envisioned as a peer to peer money but it quickly attracted scamsters and it became a speculative instrument. Besides, most of the world has alternatives to PayPal that work just fine and most of the time
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by
yashg
4y ago
Bitcoin does not have any intrinsic value or utility. The only reason one would buy it so that it can be sold to someone else for a higher price and that person would buy it hoping to sell it at an ever higher price. It's a game of fin
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by
yashg
4y ago
In this particular case Paypal is acting stupid, but crypto still has only one valid use case and that is for criminal activities. Current legal system may not be absolutely fair, but it does not need to be replaced by a vastly inferior, sl
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by
yashg
4y ago
What world are you living in my friend? I can speak for India, definitely. Crypto is treated like gambling, it has been brought under anti money laundering laws. The biggest sporting league in the country has banned any crypto association a
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by
yashg
4y ago
Elon Musk is a horrible person. Period.
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by
yashg
4y ago
Paypal and Stripe have been doing this for a while.
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by
yashg
4y ago
Exactly. The economist making a typo in the headline!
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by
yashg
4y ago
Yahoo is still around? What does it do?
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by
yashg
4y ago
Firefox is my default browser across devices. The killer feature of FF for me is primary password. One main password which protects all my other passwords and I have to enter it once after I start the browser.
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by
yashg
4y ago
As a retail investor, I have never bought shares of any Adani company. Most mutual funds also stayed away from them. Crony capitalism has always been a hallmark of Indian economy especially before economic liberalisation in 1991. Advani
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