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Thread: Bitcoin....who's gotten into it?
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10-04-2022, 07:40 PM #10801
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10-04-2022, 07:52 PM #10802
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10-04-2022, 08:04 PM #10803
BTC is cheap as fuck right now dingbats. It'll 10-20x. Buy and hold. Thank me later. You're welcome.
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10-04-2022, 08:21 PM #10804
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10-04-2022, 08:33 PM #10805Registered User
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10-04-2022, 09:01 PM #10806
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10-04-2022, 09:16 PM #10807
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10-04-2022, 09:33 PM #10808
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10-04-2022, 10:13 PM #10809
No no no. We think "you" and your crypto buddies should oversee our money!! Cause the crypto world has MY best interests in mind!
I'm sold! Gonna buy me some Luna through Quadriga! No, wait I'll buy Zilliqa through Binance. Hmmm
Well with a 42% failure rate for online Bitcoin exchanges, I suppose I should be careful.“I tell you, we are here on Earth to fart around, and don't let anybody tell you different.”
― Kurt Vonnegut, A Man Without a Country
www.mymountaincoop.ca
This is OUR mountain - come join us!
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10-04-2022, 10:43 PM #10810
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10-05-2022, 04:23 AM #10811I drink it up
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Bitcoin....who's gotten into it?
What point? The one directed at all the people going around saying that there is no fraud in the banking system? Literally nobody is saying that. That isn’t a point. It’s a straw man. Here let me help you you dunce:
https://en.m.wikipedia.org/wiki/Straw_man
What’s interesting, though, is that all the attributes of Zelle that make it a risk management headache are baked into BTC and exalted as the reason why BTC should reign supreme in whatever anarchist dystopia you guys keep jacking off to. And then BTC adds in things like pseudonymity and distributed responsibility. It’s a fucking mess, not a panacea.
I’d label that irony. I’ll help you some more:
https://en.m.wikipedia.org/wiki/IronyLast edited by Mustonen; 10-05-2022 at 05:10 AM.
focus.
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10-05-2022, 04:59 AM #10812
As usual this thread is bringing the Lulz.
www.apriliaforum.com
"If the road You followed brought you to this,of what use was the road"?
"I have no idea what I am talking about but would be happy to share my biased opinions as fact on the matter. "
Ottime
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10-05-2022, 12:59 PM #10813
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10-05-2022, 02:18 PM #10814
A US CBDC may be closer than you all think.
https://twitter.com/RepTomEmmer/stat...P2_si5Tcw&s=19
Sent from my Pixel 6 Pro using Tapatalk
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10-05-2022, 02:34 PM #10815
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10-05-2022, 07:14 PM #10816I drink it up
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That is certainly not my argument.
But your post was literally an example of people needing regulation and trusted third parties to avoid being taken advantage of by fraudsters. But your argument is NOT that we need more regulation and trusted third parties.
Do you think that if you willingly give money to somebody running a scam, somebody else - not the scammer - should pay for your mistake?focus.
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10-05-2022, 08:10 PM #10817
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10-05-2022, 09:21 PM #10818
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10-05-2022, 09:28 PM #10819
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10-06-2022, 05:16 AM #10820I drink it up
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That is a thing that I argue is a feature, not a bug. That’s not “my argument” you simpleton.
The example you cited, though, is one where individuals are knowingly and purposefully sending money to strangers. That isn’t a situation clearly defined in any regulation as being the responsibility of a financial institution, but that’s the focus of the article. Many financial institutions go to great lengths to protect people from themselves and that gets you yahoos all riled up. At the same time, you’ll use examples of them not just eating the loss when your uncle Pete sends $3,500 to some Nigerian prince as an example of … what exactly? And to be clear, the issue on that table is when (probably not if) is the CFPB going to require those financial institutions to give Pete his $3,500 back? Even though they can’t recover it from the Nigerian prince due to the nature of real time payments.
And that’s a good thing, even if it’s a huge thorn in the side of any viable real time payments platform.focus.
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10-06-2022, 05:51 AM #10821
So when Celsius misrepresented their finances and shera lost money, that was 100% her fault?
When wallet companies have major cyber security breaches, it's walletholders fault for picking them?
Though in a way, I agree with you - people buying crypto and not expecting it to got zero are foolish.
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10-06-2022, 06:20 AM #10822Is it radix panax notoginseng? - splat
This is like hanging yourself but the rope breaks. - DTM
Dude Listen to mtm. He's a marriage counselor at burning man. - subtle plague
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10-06-2022, 07:53 AM #10823
Bitcoin....who's gotten into it?
I think there’s a difference in it going to 0 and getting money/account information/whatever (fraud) stolen.
Just different arguments, both important and valid.
If you invest in crypto and $ gets stolen…that’s on you for choosing crypto without doing the due diligence OR doing the due diligence and deciding the risks of theft/fraud are worth the ease of transaction (which is a funny argument, everyone is in it for price appreciation NOT to use as a bank account).
Same with Zelle or PayPal or whatever. No different. But the alternative is paying cash, in person. The ease of transacting makes the small small risk of losing $ on a transaction worth it- to me.
If you invest in crypto and the value of it goes to 0 because no one wants to buy virtual fucking dog coins made up out of thin air…different argument.Decisions Decisions
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10-06-2022, 08:21 AM #10824Live each season as it passes; breathe the air, drink the drink, taste the fruit, and resign yourself to the influences of each.
Henry David Thoreau
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10-06-2022, 08:31 AM #10825
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