HarthorneWingo wrote:RHODEY wrote:HarthorneWingo wrote:
I’m not making chit up here. These people are experts in banking systems and economics. I don’t know how you can claim to understand crypto currency and not understand the growing risk it posses to the overall economy. This isn’t my opinion derived from my own conservative financial opinions. I’m just heading their warnings.
You would be wise to read up on what the experts are warning investors about. I really could care less what you all do with your own money whether it’s investing in businesses via the stock market, gambling on sports or at the casinos. That’s your own business. But now this BS Ponzi scheme that had no practical social benefit while wreaking havoc on our environment is now putting the finances of those who want no part of crypto, like me, at serious risk.
Buzz is fcking with everyone. I’m not. I’m dead serious.

It’s a freaking Ponzi scheme. It’s all bullchit. You’re not investing in anything other than the destruction of the environment. Good job. I’m sure your grandchildren will appreciate you.
I’ve studied finance and banking for decades. The danger to us is not a small sector like crypto. It is inflating our money away, which the FED has done to the tune of over 98% since 1913.
Crypto is like a better stock in that it is limited in supply (almost all are) and stocks aren’t.
But not all are created equal. BTC has a max cap at 21 million and it’s up to the high teens currently. Very low emmissions now.
If you think crypto is a ponzi, then stocks must be as well, or any investment that depends on buyers coming in and propping things up. That argument has long been dead in crypto. Too many extremely intelligent people have already put that to rest. There are plenty of scams though but that doesn’t take away from the great projects.
Check some of Andreas Antonopolous’ videos out.
No offense but your arguments against crypto are uninformed and with no substance.
I get it, you (and a few others) don’t like it. But that’s really all you have communicated.
I’ve been in BTC and Crypto since early 2013 and have heard and seen it all.
Crypto isn’t going anywhere anytime soon.
Regarding your argument against crypto (mostly BTC really) because of the environment. That was an early argument but has been fully debunked in the last 2 years or so. With so many Countries going green, storing energy is a difficult task,… enter BTC mining.
https://www.forbes.com/sites/digital-assets/2023/09/21/why-bitcoin-mining-might-actually-be-great-for-sustainability/https://cryptonews.com/exclusives/how-bitcoin-btc-solves-the-climate-problem/Plenty more out there.
In the end we won’t have money, or crypto. I’ll give you that.

Some Antonopolous for you.