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The Crypto Warning

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posted on Dec, 2 2021 @ 01:33 PM
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originally posted by: AugustusMasonicus

originally posted by: Alien Abduct
That's irrelevant, you can still pay in Bitcoin which was my point.


No, it's totally relevant because 'f the dollar 'collapsed' it's taking Bitcoin with it since it's pegged to the dollar as your website proves.


You can claim that, however your argument is unfounded.



posted on Dec, 2 2021 @ 01:35 PM
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originally posted by: Alien Abduct
You can claim that, however your argument is unfounded.


LOL, okay. What would one Bitcoin be worth tomorrow if the dollar 'collapsed'?



posted on Dec, 2 2021 @ 01:40 PM
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originally posted by: AugustusMasonicus

originally posted by: Alien Abduct
You can claim that, however your argument is unfounded.


LOL, okay. What would one Bitcoin be worth tomorrow if the dollar 'collapsed'?


A floppy disk from the 80’s?



posted on Dec, 2 2021 @ 01:42 PM
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originally posted by: 38181
A floppy disk from the 80’s?


Pretty much. Then you can exchange that for basically **** all.



posted on Dec, 2 2021 @ 02:59 PM
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originally posted by: AugustusMasonicus

originally posted by: Alien Abduct
You can claim that, however your argument is unfounded.


LOL, okay. What would one Bitcoin be worth tomorrow if the dollar 'collapsed'?


You find out and tell me, then we'll both know.



posted on Dec, 2 2021 @ 03:00 PM
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originally posted by: Alien Abduct
You find out and tell me, then we'll both know.


I already know since it's pegged to the dollar, it becomes just as worthless.



posted on Dec, 2 2021 @ 06:40 PM
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a reply to: rounda

You have absolutely no clue what you're talking about. None, zero.



posted on Dec, 2 2021 @ 06:41 PM
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a reply to: AugustusMasonicus

I bought a Rolex with bitcoin that has a dollar value of $14,000. I've never spent a dollar in my life.



posted on Dec, 2 2021 @ 06:44 PM
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a reply to: 5StarOracle

You could technically try a majority attack, good luck trying to find enough hash rate / computing power to control over 50% of the bitcoin network.

Another one without a clue.

You could hack an individual user or an exchange and gain access to their wallet, hacking the bitcoin blockchain network has NEVER been done and is IMO impossible with conventional classical computers.
edit on 2/12/21 by Grenade because: (no reason given)



posted on Dec, 2 2021 @ 07:01 PM
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a reply to: AugustusMasonicus

One bitcoin.



posted on Dec, 3 2021 @ 05:05 AM
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originally posted by: Grenade
I bought a Rolex with bitcoin that has a dollar value of $14,000. I've never spent a dollar in my life.


Thanks for proving my point to the other poster.



posted on Dec, 3 2021 @ 05:06 AM
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originally posted by: JinMI
One bitcoin.


Which has a real world value of what?



posted on Dec, 3 2021 @ 07:45 AM
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originally posted by: AugustusMasonicus

originally posted by: JinMI
One bitcoin.


Which has a real world value of what?


What does the dollar have a 'real world value' of?



posted on Dec, 3 2021 @ 07:52 AM
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originally posted by: Alien Abduct
What does the dollar have a 'real world value' of?


The value of what a dollar is worth can be easily discerned when trying to make a purchase anywhere in the United States and other locations.

Bitcoin is pegged to the dollar which means it has the same purchasing power. No more, no less.



posted on Dec, 3 2021 @ 07:58 AM
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originally posted by: AugustusMasonicus

originally posted by: Alien Abduct
What does the dollar have a 'real world value' of?


The value of what a dollar is worth can be easily discerned when trying to make a purchase anywhere in the United States and other locations.

Bitcoin is pegged to the dollar which means it has the same purchasing power. No more, no less.



The value of what a bitcoin is worth can be easily discerned when trying to make a purchase anywhere in the United States and other locations.



posted on Dec, 3 2021 @ 07:58 AM
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originally posted by: Alien Abduct
The value of what a bitcoin is worth can be easily discerned when trying to make a purchase anywhere in the United States and other locations.


Because it's pegged to the dollar. Thanks for agreeing.



posted on Dec, 3 2021 @ 08:13 AM
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originally posted by: AugustusMasonicus

originally posted by: Alien Abduct
The value of what a bitcoin is worth can be easily discerned when trying to make a purchase anywhere in the United States and other locations.


Because it's pegged to the dollar. Thanks for agreeing.


LOL okay, you win AM



posted on Dec, 3 2021 @ 08:55 AM
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originally posted by: anonentity


If you have made money on Crypto good for you,
Personally, I have silver, bought it and forget about it.
If we go back to the fifteenth century I will be a squire and quite well off.
The only problem is that I am old and will die, but I have a good sense of ...



 



i too stashed physical Ag, coin-bar for 15 + years...which i have already transferred to the youngest member of the 'Family' for safe-keeping and future use to help maintain the family heritage & name in a 'reset' future...

She might well become a 'princess', more-so than just to her Grand-Father back in year 2020...

That's how i treated my old-age situation with mostly Ag and 6 oz of Au & provided for a future war-lord Princess, perhaps



posted on Dec, 3 2021 @ 08:57 AM
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originally posted by: St Udio
i too stashed physical Ag, coin-bar for 15 + years...


Putting the same amount of money in the S&P dividend-yielding stocks would have produced a much larger return.



posted on Dec, 3 2021 @ 12:08 PM
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originally posted by: AugustusMasonicus

originally posted by: JinMI
One bitcoin.


Which has a real world value of what?


Whatever someone is willing to value it as.




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