• survirtual@lemmy.world
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    12 hours ago

    This is a delusional take. What are you talking about? Have you looked at Bitcoin lately? It is over $100k…

    Tell me about “craters again” please?

    Cryptocurrencies are about the only tech right now that gives the common people a fighting chance. Never in history has there been a real competitor to bankers and their monopoly on value.

    I hope more people invest their life savings. If they can hold for 5 years, they will be wealthy.

    • owl_herd@lemmy.blahaj.zoneOP
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      12 hours ago

      we all know how banks control value and monopolize money. no such thing as regulation, accountability or anything (even if less than ideal). crypto solves all that by uh, u can buy it!

      • solidsnake@lemmy.ml
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        10 hours ago

        So your financial advice is to sell both your crypto along with any AI stocks you have since the bubble popping for both is imminent… correct?

        !remind me 3 years

      • survirtual@lemmy.world
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        8 hours ago

        Crypto solves it by providing an auditable public ledger following mathematical rules agreed upon by all parties utilizing it. It has a predictable and transparent minting process and transactions are uncensored. Transfers are predictable and rapid. You can see exactly what’s happening when you transfer. It doesn’t stamp generated ids on people, instead the people report their identity to the network.

        It doesn’t care how people acquire, so yes, people can use fake centralized money to buy real money if there are sellers willing to do that.

        There are many more benefits, but the point is, yes, it solves an enormous number of serious problems, many of which you definitely haven’t considered.