this post was submitted on 14 Sep 2023
1468 points (95.0% liked)
Memes
44124 readers
1676 users here now
Rules:
- Be civil and nice.
- 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
view the rest of the comments
You're giving real money to unregulated corporations run by tech-bros in exchange for a string of numbers that you don't understand and the promise that you'll get money back one day.
Yeah, that's a scam.
well that's the thing regulation is already coming, xrp for example is the first regulated crypto out there. Bitcoin and ether have trillions of dollars of investments from some of the biggest investment firms in the world and Banks all over the world are adopting it as a store of value so you go ahead and tell me that it's still a scam any more so than any other currency and I'll go ahead and keep investing in crypto.
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.
Also.... In September 2021, El Salvador adopted Bitcoin as its second legally-recognized national currency alongside the U.S. dollar.
Maybe you'll be able to retire in El Salvador.
it's called institutional adoption
I believe it when I can buy a Big Mac with crypto.