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2249101 No.2249101 [Reply] [Original]

i don't get this, if crypto currency is good for speculation, people will hoard it and not use it and it i will be bad for transactions. If it is good for transactions, it would be stable, and bad for speculations and you can't really make money hoarding it. So you guys are just investing in a lose-lose construct in the long run.

>> No.2249118
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2249118

>>2249101
Then don't buy it?

We live in a free market capitalist society. Nobody is forcing you to spend shekels on coins.

Nobody got rich off working 40 hours a week and taking zero risks.

>> No.2249128
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2249128

You are actually correct. Noone uses bitcoin except for money laundering and drugs.

As for all the altcoins? Noone uses them at all.

Its all speculation, all faggots trying to find the next guy to sell until it pops. And pop it will.

>> No.2249134

It's just digital gold. You're overthinking it.

>> No.2249193

>>2249101

It's for hoarding money, yes. I'm sure you've noticed how shitty many economies are becoming right now, yes? Crypto was created at just the right time, people are putting all their money into it now as their own currencies are becoming devalued. I read an article about Venezuelans using Bitcoin and Pepecash as currency because they can't do much with their currency right now.

>> No.2249533

>>2249193
>people are now using pepe-based currency to resist authoritarian communist regimes
What a time to be alive