US Cryptocurrency

[schuylaar]

US charges two siblings in $124 million cryptocurrency fraud | CNN Business

US authorities on Tuesday filed criminal charges against a cryptocurrency executive and civil charges against him and his sister, accusing them of defrauding retail investors out of millions of dollars with a digital token known as Ormeus Coin.

www.cnn.com

 

[PJ Diaz]

I write one with the understanding you cash/deposit within a day or so. I hate outstanding checks.

Was there the other day for a MO and a book of Otter stamps.

But see that's your understanding. You could write me a check, and I have zero obligation to deposit it in a timely manor. I hate old school balancing the checkbook. When I have to write checks, I'll try to make it a cashier's check if possible. I do have some old school checks in the car glove box, just in case of some weird emergency.

 

[GrowLightGuy]

What does everyone think?

What is a Central Bank Digital Currency and Should the U.S. Issue it?

The Biden administration and the Fed are evaluating the potential creation of a U.S. digital dollar. Here’s what you need to know.

www.wsj.com

My probably unpopular opinion. Crypto is garbage. Buy money that may be worth significantly less than when you bought your money. That's a commodity or a stock, that's not how a currency should ever function.

 

[HydroKid239]

What does everyone think?

What is a Central Bank Digital Currency and Should the U.S. Issue it?

The Biden administration and the Fed are evaluating the potential creation of a U.S. digital dollar. Here’s what you need to know.

www.wsj.com

I can see corporations doing crypto like they're doing cannabis now that decimalization/legalization is becoming more & more common. All those investments could be fkd. That's why I'm laughing at NFT's. As long as ppl with expendable pockets keep grabbing the high priced NFT's ppl will just roll with the hype. I still believe in "Money on the wood"
No doubt this will keep the rich.. rich & a few ppl may "come up" somethin sweet if their cards fall right, but only for a limited time.

 

[HydroKid239]

My probably unpopular opinion. Crypto is garbage. Buy money that may be worth significantly less than when you bought your money. That's a commodity or a stock, that's not how a currency should ever function.

Currency kinda already does function like that doesn't it? Russia's currency is down.

 

[PJ Diaz]

My probably unpopular opinion. Crypto is garbage. Buy money that may be worth significantly less than when you bought your money. That's a commodity or a stock, that's not how a currency should ever function.

 

[Rob Roy]

 

[hanimmal]

View attachment 5101341

Notice the trolls cry for a time that the ultra wealthy had complete control over all aspects of the economy and the vast majority of Americans/humanity were actually kept in poverty due to the ability to crash the economy every couple years.

 

[Rob Roy]

View attachment 5101391

Notice the trolls cry for a time that the ultra wealthy had complete control over all aspects of the economy and the vast majority of Americans/humanity were actually kept in poverty due to the ability to crash the economy every couple years.

View attachment 5101394​

.
Not sure of your point, I'm in favor of a decentralized economy with maximum individual liberty. Not a fan of Government controls or corporate cronyism. .

I want you to mind your own business and allow others to mind theirs. Value is subjective, which is why a free market is my preference.

 

[hanimmal]

.
Not sure of your point, I'm in favor of a decentralized economy with maximum individual liberty. Not a fan of Government controls or corporate cronyism. .

I want you to mind your own business and allow others to mind theirs. Value is subjective, which is why a free market is my preference.

Yeah that is all fine and all, but I am a much bigger fan of a stable economy that doesn't see any gains made by the not mega rich wiped away every couple years due like back in the economy that you keep promoting.

The current Federal Reserve system is why we don't have the majority of Americans living at the whims of monetary masters like trolls will claim we are today.

 

[Rob Roy]

Yeah that is all fine and all, but I am a much bigger fan of a stable economy that doesn't see any gains made by the not mega rich wiped away every couple years due like back in the economy that you keep promoting.

The current Federal Reserve system is why we don't have the majority of Americans living at the whims of monetary masters like trolls will claim we are today.

Maybe you are imagining what I am promoting.

I'm promoting free choice and you are not. When individuals have fewer choices, masters are more likely.

The Federal Reserve is an organization of capture, not of freedom or choice. You can have it, but I'll pass.

Value is subjective.

 

[hanimmal]

Maybe you are imagining what I am promoting.

I'm promoting free choice and you are not. When individuals have fewer choices, masters are more likely.

The Federal Reserve is an organization of capture, not of freedom or choice. You can have it, but I'll pass.

Value is subjective.

Luckily I live in a country that has the Fed so what your feels are really don't matter. You can have 'free choice' by not using banks.

But what is not subjective is that poverty was far higher under the system you keep promoting and there were far more recessions/depressions (every couple years on average) and they lasted far longer and were more severe.



I read a lot of the bullshit propaganda that you are spouting that just happens to be pushed by the same rich trolls that are trying to destroy our democracy so that they can avoid paying taxes for another generation.

The Federal Reserve has effectively ended the mega wealthy's ability to bankrupt the banks to screw over the 'little guy'. That is why dick heads like the Koch's had to co-opt the Republican party (every elected Republican has overseen one since at least the Great Depression) to get them to crash the economy this last half century.

 

[Rob Roy]

Luckily I live in a country that has the Fed so what your feels are really don't matter. You can have 'free choice' by not using banks.

But what is not subjective is that poverty was far higher under the system you keep promoting and there were far more recessions/depressions (every couple years on average) and they lasted far longer and were more severe.

View attachment 5101534

I read a lot of the bullshit propaganda that you are spouting that just happens to be pushed by the same rich trolls that are trying to destroy our democracy so that they can avoid paying taxes for another generation.

The Federal Reserve has effectively ended the mega wealthy's ability to bankrupt the banks to screw over the 'little guy'. That is why dick heads like the Koch's had to co-opt the Republican party (every elected Republican has overseen one since at least the Great Depression) to get them to crash the economy this last half century.

View attachment 5101533

It's Apples and oranges to compare "poverty" from two different time eras, that is even if your government generated stats are even close to the truth.

I could generate a chart showing there are far fewer witch burnings these days to "prove" a certain policy has reduced the incidences of witchery couldn't I?

The Fed is wrong because it's a fraud and concentrates power nefariously, among other reasons.

 

[hanimmal]

It's Apples and oranges to compare "poverty" from two different time eras, that is even if your government generated stats are even close to the truth.

I could generate a chart showing there are far fewer witch burnings these days to "prove" a certain policy has reduced the incidences of witchery couldn't I?

The Fed is wrong because it's a fraud and concentrates power nefariously, among other reasons.

lmao yeah nice cherry picking troll to avoid the reality of the significant decrease in both time between and severity in recessions/depressions post the Federal Reserve actively stabilizing the banking industry here in America. Also hilarious is your reliance on bullshit feels to make your stupid narrative. Do you have ominous music playing in the background when you type this shit?

Anyways keep on selling troll. I'm sure you will have some great Von Misses 'logic' or a meme soon.

 

[Rob Roy]

 

[schuylaar]

View attachment 5102093

But isn't there something in which you have too much free choice?

Yup..that's right! I'm talking about Cheesecake Factory Menu..too many options but I always go for the Apple Crisp Cheesecake for desert. Usually bring it home because I'm so full! Warm caramel sauce poured over..

 

[PJ Diaz]

But isn't there something in which you have too much free choice?

Yup..that's right! I'm talking about Cheesecake Factory Menu..too many options but I always go for the Apple Crisp Cheesecake for desert. Usually bring it home because I'm so full! Warm caramel sauce poured over..

View attachment 5102293

Nope. It's an easy choice, go somewhere else. Nasty.

 

[schuylaar]

Nope. It's an easy choice, go somewhere else. Nasty.

Back on ignore you go; what is it about you? Pulling the wings off butterflies in your spare time?

 

[PJ Diaz]

Back on ignore you go; what is it about you? Pulling the wings off butterflies in your spare time?

I don't eat fast food, I find it disgusting. Sorry if that offends you.