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which is more stable: a currency not backed by any govt,

Posted on: August 1, 2017 at 15:43:41 CT
phrejd KC
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or a currency that can be manipulated (or effectively destroyed) at the whim of a government?

i'd rather be in bitcoin than yuan, turkish lira, brazilian real, etc. or have my money (in whatever currency) held in a bank in any number of countries.

cryptocurrency might be replacing gold as the preferred hedge against risk in US and other developed markets.
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cryptocurrency, amarite? - phrejd MU - 8/1 15:09:57
     I'm so goddamn dumb - Joeboo MU - 8/1 15:18:28
          The entire thing seems like it will crash at some point - Grasslands MU - 8/1 15:29:56
               which is more stable: a currency not backed by any govt, - phrejd MU - 8/1 15:43:41
                    Id rather put my money in gold - Grasslands MU - 8/1 15:52:38
                         may as well ask a chinaman to put it under his pillow. - phrejd MU - 8/1 16:02:51
               I think it will have to consolidate into 1 or 2 dominant - Joeboo MU - 8/1 15:43:18
                    my money is on bitcoin, etherium, and litecoin (nm) - phrejd MU - 8/1 15:44:46
          do you still have the hardware? - phrejd MU - 8/1 15:21:30
               a lot has changed since then. Bitcoin growth has been - Joeboo MU - 8/1 15:23:17
                    I don't even understand it (nm) - TheWildcat STL - 8/1 15:24:24
                         Here's the basic idea - Joeboo MU - 8/1 15:33:40
                              Wasn't there some big fraud a while back? - zaaguy MU - 8/1 16:36:06
                              So if you have a gang of the most powerful - kmawv8 MU - 8/1 15:42:36
                                   in theory - Joeboo MU - 8/1 15:47:25
                                        AMD is up about 40% since May (nm) - phrejd MU - 8/1 16:06:26
                         just buy a bunch of it and then a few years from now - phrejd MU - 8/1 15:26:09
          Joeboo, Class of 93 - kmawv8 MU - 8/1 15:19:30
               damn, I'm not that old(nm) - Joeboo MU - 8/1 15:21:23
                    I was going to say Class of 96 - kmawv8 MU - 8/1 15:26:59
                         that one is right on(nm) - Joeboo MU - 8/1 15:37:11
     like a chupacabra?(nm) - cnk ATL - 8/1 15:15:17
          i think that's cryptozoology. or is that when you have sex - phrejd MU - 8/1 15:16:46
               great - kmawv8 MU - 8/1 15:17:52




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