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originally posted by: infolurker
Where are people putting their investment money? Hell, even commodities are down!
originally posted by: kwakakev
Crypto down is going to happen, it does get a lot of good reality checks over the years. With so many out there these days, most will bust one way or another. As for the ones that make it while the lights stay on, trust is in short supply these days.
originally posted by: kwakakev
a reply to: tanstaafl
Fractured currencies are a head banger for all involved. But who do we trust? Who can prove themselves to manage a digital currency?
Roubles
The main thing to understand about Bitcoin is, it is NOT the same as any of t he other 'cryptos' out there.
originally posted by: kwakakev
a reply to: tanstaafl
Bitcoin is the first big one. Had a very scarred upbringing as the hackers went nuts on it and the cracks got patched. Its still alive today and a battle hardened ledger now. Still a lot of weak spots as this digital ecosystem continues to grow, but has a strong core for those that use it right. One adversity to bitcoin is its power consumption with all of its background processing.
There are others that provide some similar lever of protection without so much juice needed, As with any investment, do your homework.
originally posted by: tanstaafl
originally posted by: kwakakev
a reply to: tanstaafl
Bitcoin is the first big one. Had a very scarred upbringing as the hackers went nuts on it and the cracks got patched. Its still alive today and a battle hardened ledger now. Still a lot of weak spots as this digital ecosystem continues to grow, but has a strong core for those that use it right. One adversity to bitcoin is its power consumption with all of its background processing.
There are others that provide some similar lever of protection without so much juice needed, As with any investment, do your homework.
Oh - and the false narrative about BTC being non-green is just that as well. Kevin O'Leary even has done an about face and recognozes that not only is is NOT 'not green', it has the potential to 'save the planet' (his words).