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I was recently watching a video where some wall street guy was talking about ‘DeFi’ (Decentralized Finance) and how the majority of people in the US would eventually be blind sided when crypto basically becomes the standard for saving and spending (I’m paraphrasing).

The potential seems quite exciting, the fact that central banks and the money printing scheme might be overtaken by these new technologies. Many of these cryptos are gaining footing in the 2nd and 3rd world, apparently it’s only a matter of time before the 1st is forced to adapt and adopt crypto. It kind of reminds me of the early internet. Early on, only nerds and tech savvy individuals were able to navigate the technology until eventually smart phones and social media made it accessible to thots and plebs. Eventually, the same could be true for crypto as it becomes more and more easy to navigate and deal with, then every tard will be buying cat and dog coins.

I was recently watching a video where some wall street guy was talking about ‘DeFi’ (Decentralized Finance) and how the majority of people in the US would eventually be blind sided when crypto basically becomes the standard for saving and spending (I’m paraphrasing). The potential seems quite exciting, the fact that central banks and the money printing scheme might be overtaken by these new technologies. Many of these cryptos are gaining footing in the 2nd and 3rd world, apparently it’s only a matter of time before the 1st is forced to adapt and adopt crypto. It kind of reminds me of the early internet. Early on, only nerds and tech savvy individuals were able to navigate the technology until eventually smart phones and social media made it accessible to thots and plebs. Eventually, the same could be true for crypto as it becomes more and more easy to navigate and deal with, then every tard will be buying cat and dog coins.

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[–] 2 pts

can a ponzi scheme that whites are readily lining up to get themselves ripped off by out kike the kikes....

suuuuuuuuuuuuuuuuuuuuure it can buddy....

[–] 0 pt

No more of a ponzi scheme than fiat

[–] 0 pt

So because you have to invest in a ponzi scheme, might as well invest in the best one?

[–] 2 pts

They own the central banks, they can print money and buy a major controlling share of many cryptos. Right now they are likely buying.

At the worst they have huge amounts, at the best they can take it down.

[–] 0 pt

Even if they do end up owning a massive share of the crypto market, surely it’s possible to still bring down the central banks or at least diminish their influence.

[–] 0 pt

They had huge amounts in 2012, just because they are inbred doesnt mean their collective mind isnt capable of foreseeing crypto taking over gold as value.. Oh wait, paper, i meamt to say paper.. It replaced gold 80 years ago or so, right?

[–] 0 pt

The Chinese invented bitcoin

Jews invented communism.

Chinese are communists.

[–] 0 pt

Out-kike the kikes with yet another currency based on something unlimited? They're just beating them at their own game.

Dogecoin to Mars and Beyond Baby.

Look up Doge, its meaning.

Unscramble, God('s) eCoin.

It's right there in your face, but you can't grab it.

Buy it now.

[–] 0 pt

Dogecoin is legit memecoin. Not saying you can’t make money off of it but it’s ultimately set up to fail and bring about regulations, I think. Better cash out before then.

[–] 0 pt

The Zucc and his corporation have already tried making their own. Zucc bucks

[–] 0 pt

The central banks will come out with their own crypto and then outlaw and or buyout the other competing crypto in some fashion.

Somehow, every country will be in lockstep in agreeing to that.

[–] 0 pt

I do not know about any of this, I suspect it will.

What I do take exception with, is everyone blaming musk for the dip.

Crypto goes up, it goes down, and blaming one man for bad talking it, is insane.

[–] 1 pt

Well, recently there was what appeared to be a concerted effort to FUD the market with bad news and scare a lot of crypto holders into dumping their coin. BTC dropped from about 40k to 30k in an instant and then almost immediately shot back up. It’s presumed that the whales bought everyone’s coin that they had just dumped out of fear and got significantly more rich by playing the market essentially.

Elongated Muskrat certainly had a hand in this and may even have been pressured. He also helped calm people’s fears after the dump by tweeting ‘Tesla has Diamond Hands.’ Initially, he began the decline of BTC by condemning the coin claiming is was bad for the environment more or less. According to zerohedge, a lot of this fiasco also had to do with fake news about China banning crypto (see reuters). So yea, Musk is pretty influential regarding crypto prices and it certainly looks like big players played the market at the expense of the plebs recently.

[–] 0 pt

theres gonna be a shitload of really angry broke people soon