• 1 Post
  • 3 Comments
Joined 4 months ago
cake
Cake day: January 8th, 2025

help-circle

  • The fediverse condemns free speech. The fediverse bans unapproved opinions and wrong think, proving that the fediverse is an enemy to the principals of Edward Snowden. But it’s fun to be on here one in awhile knowing fhe right thing to say that forces people to come undone and expose their true personality. When you through a rock into a pack of dogs, the one that helps is the one you hit, so it makes for a fun time to say the right thing for setting off everybody and watxh in the insults come in, it means that I hit my mark



  • novacomets@lemmy.myserv.onetoPrivacy@lemmy.mlCrypto
    link
    fedilink
    English
    arrow-up
    0
    ·
    15 days ago

    I bought crypto and still own it, but over time I have come to the opinion that until stores and malls accept crypto, they will never grow betond being a commodity like gold. This is the highest price I’ve ever seen gold. That has me concerned of how volatile people’s finances are. The cost of living was a huge amount cheaper when gold was 65 to 70% cheaper than now.

    If bitcoin ever hits $400,000, I see implosion and collapse being imminent. Crypto will never be worthlesss, at least crypto that casual observers have heard of before, but there’s no huge profit to be made from it without engaging in financial criminal activity.

    So if you want to get into crypto, do definitely protect your identity at all cost before purchasing whichever currency, but also know for what principal you got it to it. If it is to get wealthy, you wasted your money. If it’s to hold on to something of value that you can trade for if economy falls off, then that could prove to be a wise decision in the future.

    There’s more I could say, this might already be blah blah blah, but I hope that you understand my overall premise. I genuinelly don’t now why individual stores don’t accept crypto and then sell it almost in real time. If crypto stablized, a few people would take their pay in crypto instead of bank deposit, and just that would take money away from the elite global class if staff got paid in crypto to do their shopping.