this post was submitted on 15 Mar 2024
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Is crypto still a thing? Honestly who is buying into that?
I've got a cousin who's perpetually bankrupt. He's super into Crypto. He's a self-crafted crypto investment professional in fact.
Bit has gone from 12k to 70k in the last year bro.
That was all thanks to me.
I finally dumped what i had because i came to the conclusion crypto isnt really a part of the future and doesnt do anything... Finally got round to selling it, so of course it hits a record high.
That doesn't mean it has any value. It's still mostly useless as a currency.
You were literally just told that it has value. You, 1 ignorant person saying it doesn't have value doesn't make it true.
Right at this moment in time one can literally sell 1BTC for about USD$70,000
Value is putting food in people's mouths, building shelter, and creating relationships. Value is not trading one pile of social constructs for another.
Chill, bro. Money isn't real. And crypto is even less real.
My point is that you have to exchange the bitcoin for US dollars and therefore bitcoin is not a currency. It's pure speculation.
No your point was, "is it still a thing, are people still buying into it."
The answer is yes, very much so. Your opinion is irrelevant.
OK, my friend. I wish you the best of luck.
Bitcoin literally is a currency. It's typically not a fiat currency, but it can still be exchanged for some goods and services.
I'm not pro crypto or anything, it's just that it's demonstrably false to say crypto isn't real.
What goods and services can you purchase with bitcoin?
People never learn
We had a global pandemic and there are still people afraid of vaccines