Do you guys actually believe in crypto?

Fucking right? Right now I hold a majority in ETH and BTC, but I do also have a couple alt coins like nexo. I found this one to be really interesting because I have actually seen someone actually use there crypto as collateral and get fiat from that. That really blew my mind and say that the token is more like a security than a crypto. It was kinda cool thinking that this could be a real challenger to what the big banks do for loans. I really hope that it is something that will work out, but honestly I feel like it can swing ether way, a coin flip. I really want this to work because I really want crypto to work because I hate what banks and big tech have done to us, but it feels like its going to be a huge uphill battle.

Yeah with what we know today I'd probably sell my car to buy BTC at $100, but people probably did stuff like that with Bitconnect and got burned hard.

Nexo seems interesting, might read the whitepaper. I'm looking at PMGT as it is an interesting concept of gold backed crypto which is made by an actual precious metals mint. XMR is good because it actually has a practical use rather than reinventing the wheel.
Crypto seems to be a fight on two fronts, first you got the banks and second all the scams and get rich quick shenanigans

I was not around on Zig Forums when bitconnect went down. Was there a lot of shilling for that coin at the time? The scams I am not really to worried about, its kind of feels like the tech bubble, there was a lot of bullshit but picking the right ones made you a winner, now the question is which one are the winners? I will have to look into PMGT, right now, if I want to get some exposure to precious metals, I have been using PAX Gold.

It is the centripetal liberty to the centrifugal tyranny. The follow up to the founding fathers dream, itself revisited by the original hackers community and now expanding accordingly. Crypto is the new incarnation of the Bill of Rights and the first and second amendments.
Thus, it's both maximally successful and pitifully squalid.

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Based. Freedom is a huge reason why I believe in this shit.

Yes. Check out my thread on this: Make note of all the seething shills in the thread lol

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Boomers and kikes are against it. Gen X is mostly uninformed, but I'm willing to be a large portion would get on board. Eventually all Millenials and Zoomers will adopt crypto-currencies. Check out my thread:

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Once fiat currencies collapse, crypto will be universally adopted and the value will stabilize. We won't see huge variations in the value of a respective crypto currency, unlike fiat currencies.

it's been around for ages and still has no legal use.

that should tell you something. We've got thousands of digital products that have no use whatsoever being traded for many billions of dollars total.

Which coins stand out to you? I'm liking VeChain

Based

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>been around for ages
You’re fucking retarded

It's a gradual transition. There are a number of companies that are already accepting Bitcoin and Ethereum as forms of payment. Eventually it will become universally adopted and serve as a stable and legitimate currency that be more consistent on a global level and better represent the value of commodities and services.

dogecoin is gonna replace the us dollar

I have heard that there has been a couple of bills being pushed that would make it easy to use crypto (crypto fairness bill) but I think that one will be caught up in this bureaucracy bullshit. It is telling me something, that either we are on the ground floor of a financial revolution or we are being fucking out of our money.

Probably not. What will happen is that a number of different crypto currencies will replace all fiat currencies on a global level. Each crypto will be better suited and used for different purposes and types of transactions.

Doge = money

We're on the verge of just a revolution in general. The entire system is unsustainable and is being supported by fake ass fiat, compound interest out of thin air, and fractional reserve banking that only serves to funnel tangible wealth/resources up to the top (((0.0001%))). Once the system collapses no one is going to use paper bills that can easily be counterfeited or serve as agents to carry viruses and poisons. Digital currencies will become nearly universally adopted at that point.

1 doge will always equal 1 doge.

I also do agree that we will have many different cryptos replacing fiat. I have been looking into cosmos with the idea of bringing all the blockchains together, do you have any thoughts on the project?

I haven't looked into Cosmos yet. So far I've only familiarized myself with Chainlink, VeChain and a few others, though I don't recall the names. They all seem to have pretty good things going for them and unique niches to fill within the context of a multi-cryptocurrency system. One of the things that I like about crypto is that it completely does away with foreign exchange rates/variances in buying power, like how we see with fiat currencies. It doesn't make sense that 1,000 Mexican pesos would only allow me to purchase $45 worth of groceries. Whereas if I use 1 crypto coin in the U.S. I'd be able to get the same amount of value in groceries as if I had spent it in a foreign country.