old.reddit.com/r/Buttcoin They have gone into full on delusional coping mode. This shit is hilarious. Examples of the comedy gold: >PayPal is NOT letting users make payments with cryptocurrencies! Bitcoins cannot be moved into PayPal or taken out of it. Users can only buy bitcoin from PayPal and sell it to PayPal (with the dollars possibly being sent to a merchant in the same operation).
Thus PayPal is only adding an online casino service, that lets its users gamble on the price of bitcoin...
The "digital currencies" of central banks will NOT be cryptocurrencies, not even new currencies. They will be digital payment systems using the same national currencies -- dollars, euros, etc. Thus the excuse that he gave for adding the "bitcoin casino" to PayPal makes no sense. >Yup. Once it becomes a total nuclear disaster authorities will wade in. Like many legal things, there's a requirement of harm or damages.
There have been many many many crypto cases prosecuted over the years and many frauds taken down, but never the concept of crypto itself. Not yet. >But if someone gave me 100 years of my salary in Cash right now, and I had to live of that the rest of my life. I would go for Treasury Inflation-Protected Securities (TIPS). It is a fantastic store of value. >Read the Bogleheads forums. Generally you'll double your investment every 10 years, beating inflation quite nicely.
lmao. Imagine mocking the "institutions are coming" meme for years, then going into full on BTFO delusional denial mode when it turns out to be true.
Repost to fix the formatting. If you're going to troll them, you have to be subtle or they will ban you.
old.reddit.com/r/Buttcoin They have gone into full on delusional coping mode. This shit is hilarious. Examples of the comedy gold: >PayPal is NOT letting users make payments with cryptocurrencies! Bitcoins cannot be moved into PayPal or taken out of it. Users can only buy bitcoin from PayPal and sell it to PayPal (with the dollars possibly being sent to a merchant in the same operation). Thus PayPal is only adding an online casino service, that lets its users gamble on the price of bitcoin... The "digital currencies" of central banks will NOT be cryptocurrencies, not even new currencies. They will be digital payment systems using the same national currencies -- dollars, euros, etc. Thus the excuse that he gave for adding the "bitcoin casino" to PayPal makes no sense. >Yup. Once it becomes a total nuclear disaster authorities will wade in. Like many legal things, there's a requirement of harm or damages. There have been many many many crypto cases prosecuted over the years and many frauds taken down, but never the concept of crypto itself. Not yet. >But if someone gave me 100 years of my salary in Cash right now, and I had to live of that the rest of my life. I would go for Treasury Inflation-Protected Securities (TIPS). It is a fantastic store of value. >Read the Bogleheads forums. Generally you'll double your investment every 10 years, beating inflation quite nicely.
lmao. Imagine mocking the "institutions are coming" meme for years, then going into full on BTFO delusional denial mode when it turns out to be true.
Carson James
Wait. They don't know that crypto goes through cyclical patterns yet? Holy shit nocoiners are stupid.
Those cycles will end in the next 10 years, heavy regulations are on the way.
Colton Young
There’s seriously a subreddit called “buttcoin” devoted to negative groupthink about cryptocurrency?
Yikes. People are fucking strange.
David Price
Yeah, the regulators and wealthy elites whose families have disproportionally adopted crypto already are going to regulate their own fortunes down instead of up. That's the same low iq fud they have been pushing at r/buttcoin for years that has lead them into nocoiner poverty.
Sebastian Taylor
Just look it up, the EU for example is working on crypto regulations and wants to implemend them by 2024.
Aaron Taylor
How is it bad for crypto?
Jack Russell
what are they gonna do, seize my private keys?
David Perez
New taxes and regulations will slow the market and make the cycles most likely longer.
James Roberts
>Generally you'll double your investment every 10 years, beating inflation quite nicely. is this guy trolling? wtf
Caleb King
oops, meant to link OP
Hunter Bailey
this. paul tudor jones, fidelity, drukenmiller, blackrock, et al are going to lobby used-car salesman politicians to steal their wealth.
>b...bbb..bbut bitcoin represents a threat to U.S.A sovereignty
so these fucked in head politicians in between printing trillions of dollars, promoting race riots, allowing 50m illegals storming the country, and election fraud are suddenly going to start caring about the health of the nation?
Colton Brown
Fuck Elon cuck
Hunter Smith
>But if someone gave me 100 years of my salary in Cash right now, and I had to live of that the rest of my life. I would go for Treasury Inflation-Protected Securities (TIPS). It is a fantastic store of value. fucking redditors, I swear to god
Most people are no-coiners. People who actually know about and own crypto are a tiny minority.
Nathaniel Wilson
lmao. These retards blindly trust/accept CPI as the inflation rate. Bogglehead index fund investing is also for massive pussies. If you were invested in index funds, they would have been automatically dumping the obvious winners for the past 10 years: Apple, Microsoft, Amazon, Google, Facebook, and automatically diversifying into a bunch of shitty bank stocks and shit.
Landon Taylor
do you understand the feelings the elite have now?
wouldn't you also think "i guess we could just encourage them to chop their dicks off and live in camps?"
Colton Allen
I didn't think any investment strategy could be lower T than an index fund/bond split portfolio. Redditors have outdone themselves. Incredible yeah I'm on team Klaus now
Owen Hall
somehow the replies got flipped please be patient I have autism
>Don't take this as dick eating bet or anything, but I feel it in my bones that the end is near. The daily charts look weird, they go slowly up then have a sudden mini crash, but it is saved and slowly raises again. I think the behind the curtain guys are slowly unloading their bags, but actual liquidity is so shitty in this crypto business that any decent (not the crypto geniuses at bitcoin or cryptocurrency subs who trade their 100 usd bankroll) sell pushes the price down.
You vill not buy ze crypto. You vill not transact without ze KYC You vill support ze financial authoritarianism You vill buy ze US stock index funds You vill seethe on ze r/buttcoin