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52887604 No.52887604 [Reply] [Original]

What is crypto exactly?
It seems like it's basically using a computer program to tell you you have fake internet money? Why would anyone find this valuable? It's like a credit card but with extra steps.

>> No.52887623

>>52887604
thats right bro and I got all the monopoly monies lol URRRRR LATE!!!

>> No.52887650

>>52887623
Exactly. They're randomly generated numbers, with no backing, traded between retards. I have some lint in my pocket, y'all want to buy that too?

>> No.52887656

newfags dont realize they can just download more bitcoin, lolz.

>> No.52887685

>>52887656
What's stopping anyone from just adding numbers to their account? Like if you owned an exchange like Coinbase, they can literally just add a 0 to the end of their individual account and theres nothing that stops this.

>> No.52887734

>>52887685
Just like in real life.

>> No.52887752
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52887752

>>52887604
it's just there in the air

>> No.52887764

>>52887650
>>52887685
Look up the term 'decentralization'

>> No.52887858

>>52887764
That means absolutely nothing. Look up the term supercalifragilisticexpialidocious

>> No.52887876

>>52887734
Real life has physical representation for its money that can't get erased when a server crashes and loses your fake internet number.

>> No.52887896

>>52887685
That's why you don't use centralised exchanges. Its not like saying they have more btc then they actually do means more btc is created from thin air

>> No.52887902

>>52887858
Since you're retarded I'll try to explain to any readers that aren't retarded. The balance of each wallet is ensured by the network (the blockchain). If one group of people decides to try to falsify a wallet balance by """adding a 0""" the larger group on the network wins out. Meaning you'd need over 51% of the network to add that same 0 to your wallet for it to work. It's defined in the currency's protocol. Get fucked retard

>> No.52887940

>>52887896
That's... Exactly how it works. How do you think the original bitcoins were created? Some guy smashed a keyboard, said those numbers were important, and buy the power of Allah the first Bitcoin was born.
>>52887902
So if I buy 51% of any crypto I get to add as many 0's as I want and basically create infinite money? Yea, seems fool proof buddy.

>> No.52887970

Why is it that ever since reddit got here after the wsb shit, a new troll thread is created every day? Can't you idiots just go the fuck back where you came from? This board was already trash before you got here and now it's ultra trash

>> No.52888001
File: 12 KB, 427x400, 699.png [View same] [iqdb] [saucenao] [google]
52888001

>>52887970
>I'm not a le redditor
>All you le redditor s should go back
>I'm definitely not a redditor, because.... I'm just not ok!
If you weren't a new fag, you'd know it's always been like this. You filtered yourself.

>> No.52888082

>>52887685
then you do it
easy 10x

>> No.52888094
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52888094

>>52888082
I did

>> No.52888101

>>52887876
>Real life has physical representation for its money that can't get erased when a server crashes and loses your fake internet number.

dollars are based on nothing

>> No.52888122

Crypto is the space in which ww3 is currently being faught (and won). It will be the tool used to enslave us all.

>> No.52888125
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52888125

>>52887604
Because it's seemingly legal now for fiat banks to freeze your assets for political reasons. Crypto is apolitical. The only reasons tokens get frozen is if you hacked them or an exchange is going insolvent. Simple as

>> No.52888753

>>52888125
That's not an answer

>> No.52888768

I see them as "digital stocks" or something

Idc money can be made

>> No.52888858
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52888858

>>52888753
you're really this fucking stupid, aren't you?

>> No.52888880
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52888880

>>52887604
IT'S A FUCKING SCAM
I GOT SCAMMED
HBAR = SCAM
AVAX = SCAM
KDA = SCAM
XRP = SCAM
XLM = SCAM
ICP = SCAM
MATIC = SCAM
ETH = SCAM
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.52888906

>>52887902
So if someone controls the majority of a coin, they can easily falsify records that are then verified by his majority? Sounds very semitic

>> No.52889832

>>52888906
Exactly

>> No.52891954

>>52888880
This person doesn't graduate highschool for another year and a half.

>> No.52892054

>>52888858
Kanye didn't have anything liquid withheld; people that rich don't have capital, they have sponsors/credit/stocks and anything else that can be given to them without really being in their control. Adidas ""took"" billions from him by effectively cancelling their contract with him, that very clearly stipulated that he would not behave that way publicly. The fault in gaining wealth through branding is that you will never be without a leash, """they""" will keep a tight leash by never giving you solid cash, they """pay""' you through a dog dish that """they""" have complete control over. Kanye, in reality, had no money to begin with, so they had nothing to take; in reality they only took away his potential future earnings estimates, which is the billionaire equivalent to lowering your credit score.

>> No.52892296

>>52887876
Midwit take

>> No.52892901
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52892901

>>52892054
Retard, Ye went to his bank and the kikes told him to fuck off. Bitchute's funds are frozen by kikes now because it's a schizo right wing website. PayPal is threatening to do this as well