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4008767 No.4008767 [Reply] [Original]

So what are you idiots gonna do when governments inevitably start creating their own cryptos to replace their existing currencies?

People will be able trade all their money in for an equal amount of government backed and fully regulated crypto and all other cryptos will become obsolete.

>> No.4008791
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4008791

Bounce around on each new currency that is created and released to masses. They won't all happen at once, so just put my money into each one as it comes up. Then as normies propell it to ATH, dump and put my gains into the next one. There are 195 countries, so 195 chances for moon missions.

>> No.4008792

Hope that my actions leading up to that time make me nice and comfy heading into that new financial paradigm

>> No.4008793
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4008793

>>4008767
Bump

>> No.4008801

go all in government crypto. crypto bubble round 2

>> No.4008803

>>4008767
Short indiacoin

>> No.4008832

>>4008767
They won't become obsolete because any government crypto is just fiat by another name and will have just as much transparency.

Do you think most of the money on the world actually exists as more than numbers on a computer?

>> No.4008838

>>4008801
government crypto inevitably crashes. decentralized blockchains back on its feet. all in round 3.

>> No.4008846

>>4008801
There won't be a bubble because the govt crypto will be replacing the existing monetary system. 1 coin will replace 1 dollar.

>> No.4008878

>>4008767
Doing the same thing I've been doing. Nobody wants government shitcoins that have unlimited supply. Period!

>> No.4008898

>>4008767
>dollars being destroyed by accidentally 'forgetting' a really big number

yeah, no. it will be restricted to banks and people will carry on with bitcoin

>> No.4008905

>>4008878
A lot of people dont buy into cryptos purely because they are not backed by the govt