this post was submitted on 14 Sep 2023
1468 points (95.0% liked)

Memes

44124 readers
1676 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 3 points 9 months ago (15 children)

It's as legitimate as any country's currency, as long as that country is being run out of some random basement closet in Silicon Valley.

[–] [email protected] 2 points 9 months ago (10 children)

everything that you said so far just tells me that you don't understand it. Now I'm not saying that a lot of the crypto out there and actually the vast majority of crypto out there is garbage, that's entirely true, however Bitcoin, Ether, Solana, XRP, Cardano.. and several of the most popular and legitimate companies and technologies out there are exactly that, legitimate.

giant corporations Banks and financial institutions don't put billions of dollars into investments of crypto without validating the asset

[–] [email protected] 1 points 9 months ago (6 children)

And everything you said so far just tells me that you're invested in your sunk cost fallacy.

[–] [email protected] 2 points 9 months ago (1 children)

in the past 4 years I've made $7,000 casually trading crypto and everything is just fine so whatever man

[–] [email protected] 1 points 9 months ago (1 children)

That's what the numbers on the account says anyway.

[–] [email protected] 2 points 9 months ago (1 children)

no that's cash in my bank account at this point smart guy

[–] [email protected] 1 points 9 months ago (1 children)

So even you recognize that it's not real money until it's cash.

[–] [email protected] 1 points 9 months ago (1 children)

arguing like this with someone like you is pretty pointless

[–] [email protected] 1 points 9 months ago

You think this is an argument?

load more comments (4 replies)
load more comments (7 replies)
load more comments (11 replies)