chasfh Posted 12 hours ago Posted 12 hours ago 17 hours ago, guy incognito said: I’d ask how, precisely, she defines whether individuals “look suspicious”, but I’m pretty sure I already know. Paper bag test. Quote
chasfh Posted 12 hours ago Posted 12 hours ago 16 hours ago, CMRivdogs said: Just gonna sit here and wait for the crash... Because I'm old and don't trust the stuff, yet There's nothing to trust. Crypto is not actual real money. You can't pay a mortgage with it or buy groceries with it or use it to pay your taxes to the government. You can only use crypto for criminal transactions like buying narcotics in traffickable quantiies or artwork stolen from the Louvre. For all the claims about its potential to revolutionize commerce and spending, crypto is worthless until you convert back to real money. Quote
Motown Bombers Posted 12 hours ago Posted 12 hours ago 31 minutes ago, chasfh said: This is too facile a reply. I think it had the right amount of facile. Quote
gehringer_2 Posted 12 hours ago Posted 12 hours ago (edited) 43 minutes ago, chasfh said: There's nothing to trust. Crypto is not actual real money. You can't pay a mortgage with it or buy groceries with it or use it to pay your taxes to the government. You can only use crypto for criminal transactions like buying narcotics in traffickable quantiies or artwork stolen from the Louvre. For all the claims about its potential to revolutionize commerce and spending, crypto is worthless until you convert back to real money. It's a scam, but a very successful one. There were only ever two justifications for crypto - to hide transactions from legal oversight, and to create a currency 'free' from central bank 'manipulation. Turns out crypto fails on both counts. Forensic accountants have demonstrated that with a little effort, bit-coin transactions can be traced and reconstructed, the 2nd concept was nonsense to begin with. The only value of a fiat currency in the first place (and the reason they have replaced "hard" money like gold) is that some central bank does 'manipulate' it to try and hold its value constant so it can be useful as an exchange medium over reasonable time scale (and not inflate or deflate the economy just because someone opened or closed a mine somewhere.) You can argue central banks don't always do a good job of it, or do it wrong, but the value of a dollar holds well enough for markets to function - this was never going to be true of a cryptocurrency exactly because there is no 'manipulation' for keeping it's value constant - thus it is totally useless as a pricing/exchange medium. As you note - at every moment in time the value of a bit-coin *in dollars* has to be found in order for any transaction to be possible. OTOH, as a 'greater fool' investment scam, it's outperformed anyone's wildest dreams. Edited 12 hours ago by gehringer_2 1 Quote
Tigerbomb13 Posted 10 hours ago Posted 10 hours ago Remember when it would be considered a career ender if a politician went on a racist/xenophobic rant against an entire group of people based on the country they are from? Ah, the good old days… 2 Quote
oblong Posted 9 hours ago Posted 9 hours ago Gary Hart's career ended because he had a girlfriend on a boat with him. Howard Dean's career ended because he yelled into the microphone in a weird way. 1 Quote
CMRivdogs Posted 8 hours ago Posted 8 hours ago They were both Democrats. George Romney's political career (or at least Presidential aspirations vanished) when he made a comment about being brainwashed by generals. Seems that current Republicans can get away with murder Quote
CMRivdogs Posted 8 hours ago Posted 8 hours ago Just now, CMRivdogs said: They were both Democrats. George Romney's political career (or at least Presidential aspirations vanished) when he made a comment about being brainwashed by generals. Seems that current Republicans can get away with murder I guarantee there will be a snarky meme about bj's Quote
Edman85 Posted 7 hours ago Posted 7 hours ago 22 hours ago, guy incognito said: I’d ask how, precisely, she defines whether individuals “look suspicious”, but I’m pretty sure I already know. 1 Quote
guy incognito Posted 6 hours ago Posted 6 hours ago 3 hours ago, oblong said: Gary Hart's career ended because he had a girlfriend on a boat with him. Howard Dean's career ended because he yelled into the microphone in a weird way. Ed Muskie cried a little. Mike Dukakis rode a tank. Quote
chasfh Posted 6 hours ago Posted 6 hours ago 6 hours ago, Motown Bombers said: I think it had the right amount of facile. Touché, turtle. Quote
smr-nj Posted 2 hours ago Posted 2 hours ago I’m not amused. Are you? Then you’re a traitor, too. 1 Quote
gehringer_2 Posted 2 hours ago Posted 2 hours ago 2 minutes ago, smr-nj said: I’m not amused. Are you? Then you’re a traitor, too. the people in this country are so f'ing asleep. The good people of 18th century New England would have a man in the stocks on Boston Common for that kind of crap. Talk about a fallen society. 1 Quote
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