for the little it takes for the in, and the comparative games, and the way the crazy world is today, I'll take the gamble. will be interesting to look back on this in a few years
Right, because only the people investing in it give it value. You are buying nothing, nothing! If someone invested and made money and got out, bully for them! I refuse to buy something that doesn't exist or isn't linked to a corporation that makes something. Just my personal mantra.I almost bought/mined some around 2014.
Right after that it tumbled.
Of course, now it's up a hundred fold.
...and therein lies the rub- it's highly, repeat HIGHLY subject to speculative surges in both directions.
Nx, I have to ask: How do you feel about the current US Dollar, the Federal Note ? It's no longer backed by Oil Purchasing, as that Ended last June, so what value does it have, as they just keep printing more when they need them, thus the devaluation, and Record Inflation. The Interest on the Debt will Bankrupt the Nation, so a change is needed very quickly...Right, because only the people investing in it give it value. You are buying nothing, nothing! If someone invested and made money and got out, bully for them! I refuse to buy something that doesn't exist or isn't linked to a corporation that makes something. Just my personal mantra.
It's backed by a country. Who backs crypto?Nx, I have to ask: How do you feel about the current US Dollar, the Federal Note ? It's no longer backed by Oil Purchasing, as that Ended last June, so what value does it have, as they just keep printing more when they need them, thus the devaluation, and Record Inflation. The Interest on the Debt will Bankrupt the Nation, so a change is needed very quickly...
What Country ? The Central Banks own it. That means the Rothschild's have a Heavy Hand on it. The USA is just borrowing it, with interest on every dollar. The FED is Not the Govt.It's backed by a country. Who backs crypto?