Trump will be the 1st Bitcoin President!!!!

Over70irregs

Well-Known Member
Pretty trashy thing for a president to do
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Over70irregs

Well-Known Member
I’m not a fan of this. I’m not a fan of his AI thing either.
1. The main use of crypto is to spread the dollar by way of stable coins. I believe he is opening a doorway for better/worse.

2. AI has already learned everything about us and hit a wall. Its waiting for US to catch up.
 

Box Ox

Well-Known Member
I pray this is true so the price of gold and silver go down and I can really start stacking again!!

I don't have a strong opinion on crypto because I don't think I know enough about it. If the stock markets and the dollar were to collapse, could crypto really be a thing people move to as a legitimate store of stable value? Would the new way to buy crypto be with gold and silver bars/coins or with other crypto?
 

Thebrownblob

Well-Known Member
I don't have a strong opinion on crypto because I don't think I know enough about it. If the stock markets and the dollar were to collapse, could crypto really be a thing people move to as a legitimate store of stable value? Would the new way to buy crypto be with gold and silver bars/coins or with other crypto?
I absolutely do not believe so, because most people absolutely don’t understand it, including me. My understanding is very limited and I’ve been fooling with it for a while. In a collapse or. SHTF scenario, gold, and silver will still rule, as well as as brass.
 

El Correcto

god is dead
I don't have a strong opinion on crypto because I don't think I know enough about it. If the stock markets and the dollar were to collapse, could crypto really be a thing people move to as a legitimate store of stable value? Would the new way to buy crypto be with gold and silver bars/coins or with other crypto?
Gold is a lot more stable. Crypto is a gamble still.


Trump didn’t promise to be a bitcoin president either. He promised them energy and to not sell off bitcoin the government currently holds. Not to start purchasing bitcoin with government funds which isn’t even in his power as president.
 

El Correcto

god is dead
I don’t think it’s been a rug pool yet, but I do not disagree with you. It is really not something the president should be doing while in office.
No it certainly hasn’t, no guarantee it will either.

I wouldn’t be surprised if it gets pumped over the next 4 years either. As far as meme coins go it’s the only one I would speculatively buy for a short term sale.
 

vantexan

Well-Known Member
In the future people will not want $ for ₿. By the end of next year or 27 exchanges will dry up.
Always right around the corner. Unless most merchants accept Bitcoin as payment then exactly what are you supposed to pay with? The Dollar is still legal tender here and is held worldwide by millions wanting to hang on to their wealth. You guys want the Dollar to fail so that you can become exponentially wealthier. It's pretty pathetic wanting most to suffer so that a relative few can get rich. Not going to happen.
 

Over70irregs

Well-Known Member
Always right around the corner. Unless most merchants accept Bitcoin as payment then exactly what are you supposed to pay with? The Dollar is still legal tender here and is held worldwide by millions wanting to hang on to their wealth. You guys want the Dollar to fail so that you can become exponentially wealthier. It's pretty pathetic wanting most to suffer so that a relative few can get rich. Not going to happen.
1.Parallel son.
2.Stable coin is up next.
3.Problem is they are not hanging on to their wealth. They didn’t tell you?

"I didn't realize that if the avg yr the $ grows at ~10%, and the avg return in the S&P 500 is ~9.7%, then all of the $ made there is the usd printer.

That was startling.”
 

vantexan

Well-Known Member
1.Parallel son.
2.Stable coin is up next.
3.Problem is they are not hanging on to their wealth. They didn’t tell you?

"I didn't realize that if the avg yr the $ grows at ~10%, and the avg return in the S&P 500 is ~9.7%, then all of the $ made there is the usd printer.

That was startling.”
Take Argentina. Their Peso was inflating at such a high rate that the wealthy there were buying dollars to keep their wealth. The dollar has inflated for sure but they're working to keep it down to 2%. That's what the rate hikes are for. That takes dollars out of the system. We've been living in a bubble since 2009 when they started the massive printing to support the economy instead of letting recessions do what is economically necessary.
 
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