I really hope you aren't taking investment advice from a comedian.
Dislike ads? Remove them and support the forum:
Subscribe to Fastlane Insiders.
Join over 90,000 entrepreneurs who have rejected the paradigm of mediocrity and said "NO!" to underpaid jobs, ascetic frugality, and suffocating savings rituals— learn how to build a Fastlane business that pays both freedom and lifestyle affluence.
Free registration at the forum removes this block.
Enjoy
I really hope you aren't taking investment advice from a comedian.
It does if your plan is to get rich.Nailing specific predictions about specific coins and specific uses doesn't matter very much.
This is going to pan out something like the 2000 tech bubble. You'll get tech companies that were actually making something of value, like Microsoft, Apple, PayPal, (and even DeMarcos limo service) coming out of it fine.
or that governments crack down and it goes underground,.
This is what gives the space a bad vibe.
(Other than ponzi's and exit scams of course ).
How so?
Cringe factor.
And the other raps aren't cringe-worthy? Or what makes the #hodlgang rap more cringe-worthy than the capitalist or stock market raps? Let's face it, in this day and age you can find a lame youtube video about anything, so using that as a basis to disregard an entire industry is a little disingenuous.
It was actually this video, get it right:What are you talking about?
In my opinion, that video is solely responsible for the recent drop in the Bitcoin price.
I guess you've not read a single post of mine in this thread...
Genuine question and I might just lack the info or am missing something.
Anyway, if let's say some crypto goes mainstream and has a "stable" value, what will stop "criminals" from doing their business with it.
I need a kilo of the white, I just wire the dealer the crypto. And if it's going to be decentralized, meaning no one controls it, that can be done on a much larger scale.
Anyone care to provide some insight?
Genuine question and I might just lack the info or am missing something.
Anyway, if let's say some crypto goes mainstream and has a "stable" value, what will stop "criminals" from doing their business with it.
I need a kilo of the white, I just wire the dealer the crypto. And if it's going to be decentralized, meaning no one controls it, that can be done on a much larger scale.
Anyone care to provide some insight?
Nothing. But, what stops them doing it with old fashioned cash or gold?
3D printing is a great play. No one is calling 3D printing a bullshit investment, because it's almost impossible to. There's even companies working on printing human organ tissue. If you needed a new organ printed, how much would you be willing to pay? Everything and then some. They should be getting the investment, not this junk.
Of course, investing in 3D printing technology just isn't the same level of ease and excitement and follow the crowd.
There's a big list of compelling human needs, and crypto currencies & tokens aren't one of them.
Bitcoin is worth $13,500 in Zimbabwe right now“Interest in bitcoin has peaked as people cannot send money outside or pay for international transactions using formal banks,” Yeukai Kusangaya, a trade coordinator at the Golix bitcoin exchange in Zimbabwe, told Quartz.
“The only reason they have survived is because they invested in cryptocurrencies,” she said.
“I am happy to have been blessed with the opportunity to personally support SENS's efforts. Their focus on creating solutions to the diseases of aging, one of the greatest problems facing humanity, is very much in line with my goal to positively impact the lives of millions of people around the world.”
The SENS Research Foundation has already received two large donations totaling $2 million in Bitcoin (BTC) from the anonymous Bitcoin-only charity fund, Pineapple Fund — the first million dollars in December 2017 and another $1 million in BTC on Feb. 2.
Yes, because like cryptocurrency, no normal person considers them money.But @GoGetter24, my landlord won't accept 3D prints!
Where did I say it wasn't?
Tell that to the people of Zimbabwe and Venezuela.
I feel this is a good example of, as DeMarco pointed out in his books, someone being more concerned with being right than being rich. All these things you say look like rebuttals, but aren't, and it's a waste of time getting sucked into your little game of being technically right. Hopefully you'll be able to pay your rent with that technical rightness in a couple of years, instead of having to move back in with your parents.Cryptocurrencies have also facilitated some great charitable work too.
If merchants start accepting it along with fiat, why wouldn't they consider it money?Yes, because like cryptocurrency, no normal person considers them money.
Anyway I only dropped into this farce thread again to post those hilarious videos, but I got sucked back in. I'll exit.
Yes, because like cryptocurrency, no normal person considers them money.
I feel this is a good example of, as DeMarco pointed out in his books, someone being more concerned with being right than being rich. All these things you say look like rebuttals, but aren't, and it's a waste of time getting sucked into your little game of being technically right. Hopefully you'll be able to pay your rent with that technical rightness in a couple of years, instead of having to move back in with your parents.
So hopefully your "LifeTransformer" isn't like Obama's "Change" (versus Progress). You have nothing honest or insightful to say, so I'm removing your steam of text from my sight.
Anyway I only dropped into this farce thread again to post those hilarious videos, but I got sucked back in. I'll exit. All I can say to everyone participating in this charade is: please don't gamble more than you can afford to lose.
And furthermore, most of the talk of using "blockchain technology" for within companies, is nonsense. There is no compelling advantage over centralized databases.
I currently see no good reason to put time and money in anything related to the blockchain concept. Any money put in it just looks like gambling than investment in a compelling play, which strikes me as unwise.
Join Fastlane Insiders.