LogFAQs > #896860891

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Topic	do you own any cryptocurrencies?
AllStar_09 02/27/18 11:18:43 AM #6:	Squall28 posted... Kombucha posted... people that fervently hate crypto currencies and specifically knowing why. It's a ponzi scheme. Imagine if I create some labor intensive way to make a fictional currency. Let's call it Gil. I declare that I will make no more Gil after 1 million so there's no inflation and the price will only go up. When people tell me my Gil is worthless, I will say isn't the dollar also worthless? The dollar only has value because people think it has value. People think Gil has value. Okay. Now give me $10k for my 1 Gil. That's crypto in a nutshell. Do you not care about the technology incorporated in company's coins/tokens or? For example, NANO has recently been integrated onto Twitch and cuts out the middle man allowing streamers to take more profit? NANO is also instant and feeless transaction-wise. It's infinitely more than just about money. --- I told my step-father that "I'd rather be homeless than live with you". He laughed, and then promptly beat my ass. - OblivionEssence <cite>AllStar_09 posted [p:896860891] in do you own... [t:76362981]...</cite> <quote><cite>Squall28 posted...</cite> <quote><cite>Kombucha posted...</cite> <quote>people that fervently hate crypto currencies and specifically knowing why.</quote> It's a ponzi scheme. Imagine if I create some labor intensive way to make a fictional currency. Let's call it Gil. I declare that I will make no more Gil after 1 million so there's no inflation and the price will only go up. When people tell me my Gil is worthless, I will say isn't the dollar also worthless? The dollar only has value because people think it has value. People think Gil has value. Okay. Now give me $10k for my 1 Gil. That's crypto in a nutshell.</quote> Do you not care about the technology incorporated in company's coins/tokens or? For example, NANO has recently been integrated onto Twitch and cuts out the middle man allowing streamers to take more profit? NANO is also instant and feeless transaction-wise. It's infinitely more than just about money. --- I told my step-father that "I'd rather be homeless than live with you". He laughed, and then promptly beat my ass. - OblivionEssence</quote> ... Copied to Clipboard!
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