Yep, and enough wealthy people - or people connected to anyone important get scammed - it's really over.
I don't see the SEC chair giving crypto a path to accrediation at this point.
Cryptocurrency
- Thread starter Playboi Carti
- Start date
I don't see the SEC chair giving crypto a path to accrediation at this point.
It is hard for me to feel sorry for people who want NO Regulations so they can make money when the scheme goes belly up.
Mathematically, it can be split forever. The underlying statement, in crypto, there is a limited supply is dumb. It's 4th grade math that proves this "cornerstone" wrong. Crazy to make the "there's only 20 million coins"
You can cut a pizza into a million slices if you want but you still only have one pizza.
Absolutely, but doesn’t mean you will be as full by eating 1/100th of the pizza than 1/4 of the pizza.
I have a receipt for an $800 CASH deposit I completed on Friday morning. The funds are not available. I called customer service and they can find no evidence of the transaction. I will have to go deal with this in person tomorrow. Maybe they will have to pull the tapes. What a joke.
There is no blockchain for me to query. Don't trust, verify.
That is why you Bitcoin.
There is no blockchain for me to query. Don't trust, verify.
That is why you Bitcoin.
Just think if you would have put that $800 in bitcoin at this time last year, you would now have a cool $288.
I'm old and not as smart as some people around here but why should I take my money out of the traditional banking system and put it into cryptocurrency?
Is it: 1. On a notion that traditional banking will fail at some point in the future? 2. Greater rewards are available with crypto? 3. Blockchain or other newer technology is cool and I want to be cool too? 4. Other?
That has never, ever happened to me. Sometimes banks put holds on deposits for various reasons.
the previous arguments were that crypto doesn't follow the traditional markets... this is now false. lots of traditional money into crypto now.
4. I don't think government should be able to create money. Bitcoin offers stateless peer to peer value global value transfer. I don't actually see a world where it usurps fiat currency. I think they can co-exist and people can use bitcoin on an opt-in basis.
If that value proposition doesn't appeal to you, I wouldn't invest.
Me neither. I talked to the branch manager on Monday and he said he had to manually go through each transaction and discovered there was a "scanner error". No idea what that means, but I did eventually get access to the funds 5 days after I deposited them.
That may not bug some folks. But for me, it was just a reminder of why I can't stand legacy banking.
Ah, for ideological reasons. Thank you for your explanation.
