Faz's Crypto Thread

I promise you this moron thinks that the stock market is a ponzi as well

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im garbage im 5/16 wins

He has 10k in a savings account that has lost 14% of its value in the last 2 years

although at least 2 of those games i hard carried town and got tossed into the dumpster anyway

that's a fair argument for completely speculative assets like an art NFT. to pretend all cryptos are the same thing and that their value will only ever be purely speculative seems particularly backwards when it's coming from a CS degree haver

I went from streets to pro leagues I'm the best

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plasmas here evacuate

how many children have you birthed in that timeframe?

Real men start families

real men finish families

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Hard-core rag right now

not that i dont think that the "ponzi scheme" comparison is extremely facile

but lets not pretend the vast vast majority of crypto ownership isnt due to speculation and hoping itll keep increasing in value, and most of the arguments touting the inherent value are designed to increase the speculative value, even if some of them are technically true (will be a stable currency that might outlast fiat... / could be more liquid / could be more anonymous... is there anything else...?)

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more truths but you are right I won't pretend that

Yes it is entirely speculative. The only use case butcoin has is if everyone agrees that it is a store of value. Even in the current price downturn, most coins are likely still valued way too highly.

If I get auto corrected one more time I sware to God

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the "arguments touting inherent value" are usually either from complete idiots thinking that randos will influence price (and if they do it's already a shitcoin) or it's just literal marketing. Which I can't really have a problem with as it's everywhere

  1. Autistic, prolly wont happen.
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Autistic people are the fucking worst dude

yeah all logic and no fee fees

its basically just a hardcore male brain