What does crypto actually do. bear with me im not very smart. BTC was supposed to be something made to go against the banks after the 2008 financial crisis, but now they bsasically own it all? They said bitcoin was a store of value, but it literally isn't. ETH and altcoins are supposed to do something with tech... but they are worthless? Stablecoins, can't you just buy bonds and tbills? Memecoins you can gamble on that's all I see. Everyone also thinks you're an incel loser if you are big into crypto.
>>62264143Simply put, it's the new boomer rock. Will take 50 years to reach to 1m (BTC)
>>62264143money laundering, tax evasion, extortion, blackmail, purchase of illegal goods and services, human trafficking.pretty much the same stuff gold does but without looking as pretty on your finger
>>62264143Pretty sure Bitcoin in it's current form is not what Satoshi envisioned
Manhattan and every other financial center gets vaporized. What's your wealth-preservation strategy for that tail risk?
>>62264192Sucking cock for cash
>>62264143Do you know that there was a Bitcoin update, and it's actually used, as a POW digital currency?
>>62264192Shiny rocks, 1+ year of stored food in an underground cache, water filters, bang bangs, and my like-minded community
>>62264143Ask, and you shall receive.Cryptocurrencies are incentives for participants of a computer network to sustain the network. These networks are used for computer applications.Because these computer applications don't use middlemen, they are cheaper to use than traditional sectors like banking, computation, and data storage.
>>62264147BTC $10,000 in 2027, but $1,000,000 in 2029.The largest pump in history is yet to come, but only the true believers since day one will reap its glorious rewards, leaving each and every opportunistic parasite with tears and regrets.I hereby manifest this reality.
>>62264148He's asking about crypto not USD
>>62264143>BTC was supposed to be something made to go against the banks after the 2008 financial crisis, but now they bsasically own it all?Oh it gets even better. There are troonminds on this board right now that think a new bill is going to save them when it just invites more control over the entire space. It's been interesting watching crypto and its mongs self-immolate over the last few years.
