• Non-Fungible Currencies

    From warmfuzzy@700:100/0 to All on Sat Sep 24 05:51:07 2022
    What makes people trust in the American dollar? After all, it is just a piece of paper with a value printed on it. Is it strange then when we find new currencies that pop up that also claim to be worth something when there is no direct value for that currency? We've got BitCoin, LiteCoin, BitCash, etc etc. It seems like people are adopting BitCoin en-mass. A currency is only worth what people are willing to trust it in keeping its value. If everyone tomorrow decided that BitCoin isn't worth anything then it wouldn't be worth anything, likewise if Monero is perceived to store value in it in a secure fashion then those who invest in it make it exist, or at least have the perception that there is value stored in those pieces of data flowing through the Internet.

    What do you think? Do we have something of value in these new e-currencies or is it a sham?

    Cheers!
    -warmfuzzy

    --- Mystic BBS v1.12 A47 2021/12/24 (Linux/64)
    * Origin: Sp00knet Master Hub [PHATstar] (700:100/0)
  • From roman@700:100/37 to All on Sat Sep 24 10:26:01 2022
    If you read the news, you would know that cryptocurrencies were created by
    the globalists from Black Rock Capital to kill the dollar. Over the past
    year, they lost almost a trillion dollars because of this. Don't waste your time on the globalist agenda. It's just WEF's predictive design to destroy
    the US and white America.

    <warmfuzzy> сообщил/сообщила в новостях следующее: news:1...
    What makes people trust in the American dollar? After all, it is just a piece of paper with a value printed on it. Is it strange then when we
    find new currencies that pop up that also claim to be worth something when there is no direct value for that currency? We've got BitCoin, LiteCoin, BitCash, etc etc. It seems like people are adopting BitCoin en-mass. A currency is only worth what people are willing to trust it in keeping its value. If everyone tomorrow decided that BitCoin isn't worth anything
    then it wouldn't be worth anything, likewise if Monero is perceived to
    store value in it in a secure fashion then those who invest in it make it exist, or at least have the perception that there is value stored in those pieces of data flowing through the Internet.

    What do you think? Do we have something of value in these new
    e-currencies or is it a sham?

    Cheers!
    -warmfuzzy

    --- Mystic BBS v1.12 A47 2021/12/24 (Linux/64)
    * Origin: Sp00knet Master Hub [PHATstar] (700:100/0)

    --- Mystic BBS/NNTP v1.12 A47 2021/08/10 (Linux/64)
    * Origin: thE qUAntUm wOrmhOlE, rAmsgAtE, Uk. bbs.erb.pw (700:100/37)
  • From warmfuzzy@700:100/37 to roman on Sun Apr 16 00:20:24 2023
    If you read the news, you would know that cryptocurrencies were created
    by the globalists from Black Rock Capital to kill the dollar. Over the past year, they lost almost a trillion dollars because of this. Don't waste your time on the globalist agenda. It's just WEF's predictive design to destroy the US and white America.

    Interesting roman,
    Yeah bitcoin sucks. There's this commercial on the TV about a new kind of coin called GovCoin, where it has the value backed up by the government, and they were kinda funny having the GovCoin be what most people would call regular currency. I found that advertisement hilarious. You don't have to worry about me, I'm not investing in BitCoin.

    Cheers!
    -warmfuzzy

    --- Mystic BBS v1.12 A48 2022/07/15 (Linux/64)
    * Origin: thE qUAntUm wOrmhOlE, rAmsgAtE, Uk. bbs.erb.pw (700:100/37)