I was talking to my adult daughter and she and her hub own a sizable about of Tesla stock and the two of them think crypto is a ponzi scheme. She thinks Tom Brady and Giselle are getting divorced because they invested their life savings in crypto and lost big time. Seems plausible
I'd be ecstatic about the crypto crash if not for being almost certain that the whales made out just fine and bunch of kids, widows and pentioners are left holding the bag.
My son has done a lot with crypto (33), and I've put "play money" in it. (Meaning, only money I could afford to lose, so not much. lol) Luckily, I needed it for our renovation in Costa Rica, and pulled almost all of it out the day before it crashed. It didn't make me rich (3X return), but it was definitely a better return than I've gotten anywhere else.
Anyway, just a correction. While Elon's been a jackass manipulating DogeCoin, it's not "his". It was created by a friend of my husband's as a lark (I think they both worked at either Macromedia or Adobe at the time) because he thought crypto was silly. He didn't keep any for himself. I wonder if he's kicking himself now. 😂
Love to see it! I am guilty of being a crypto bro for a while, I mined a a sizable amount of Dogecoin purely for some thing to do while I was board at work and sold last year which gave me to retire, though I do feel a sense of guilt because my good fortune came at a cost of others because Elon Musk inflated it. And I would never do it again.
Anyone can create a new "crypto currency" by looking for, finding and downloading a program that generates the code. Is something everyone can produce really worth tens of thousands per one unit?
Second, some code like BTC which is bitcoin is an investigative treasure trove telling where the code has been used and digitally by whom. I have read many indictments where the criminals thought that that stuff remained hidden. It's all stored within the ledger, which also makes BTC incredibly slow and worthless to use compared to any fiat currency.
Third, Russia, North Korea and other economic terrorist nations cybercrime units love crypto as it is far easier to steal than money held in actual banks. They then convert the currency to other needs quickly.
I was talking to my adult daughter and she and her hub own a sizable about of Tesla stock and the two of them think crypto is a ponzi scheme. She thinks Tom Brady and Giselle are getting divorced because they invested their life savings in crypto and lost big time. Seems plausible
I'd be ecstatic about the crypto crash if not for being almost certain that the whales made out just fine and bunch of kids, widows and pentioners are left holding the bag.
My son has done a lot with crypto (33), and I've put "play money" in it. (Meaning, only money I could afford to lose, so not much. lol) Luckily, I needed it for our renovation in Costa Rica, and pulled almost all of it out the day before it crashed. It didn't make me rich (3X return), but it was definitely a better return than I've gotten anywhere else.
Anyway, just a correction. While Elon's been a jackass manipulating DogeCoin, it's not "his". It was created by a friend of my husband's as a lark (I think they both worked at either Macromedia or Adobe at the time) because he thought crypto was silly. He didn't keep any for himself. I wonder if he's kicking himself now. 😂
"Almost" is the cruelest word.
Love to see it! I am guilty of being a crypto bro for a while, I mined a a sizable amount of Dogecoin purely for some thing to do while I was board at work and sold last year which gave me to retire, though I do feel a sense of guilt because my good fortune came at a cost of others because Elon Musk inflated it. And I would never do it again.
I need to point out some things about crypto.
Anyone can create a new "crypto currency" by looking for, finding and downloading a program that generates the code. Is something everyone can produce really worth tens of thousands per one unit?
Second, some code like BTC which is bitcoin is an investigative treasure trove telling where the code has been used and digitally by whom. I have read many indictments where the criminals thought that that stuff remained hidden. It's all stored within the ledger, which also makes BTC incredibly slow and worthless to use compared to any fiat currency.
Third, Russia, North Korea and other economic terrorist nations cybercrime units love crypto as it is far easier to steal than money held in actual banks. They then convert the currency to other needs quickly.