Another stimulus bill. And then another and another

I'm afraid we're going to have to get used to it.

If people can't work and earn money... their basic daily needs/expenses still go on. What do we do about that? Print money up the wazoo and give it to people? How does that end up? I dunno.

:(
"How does that end up? I dunno."
Let me spell it out for you. V E N E Z U E L A.
 
:vomit::vomit::vomit: you mean POS that is manipulated with Tethers in any shape and form. I will take a pass.

That's fine, you do whatever you have to do to sleep at night. If sleeping in a cardboard box is your style...

You mean that thing that has dropped from $10k to $6k losing more in value than the stock market?

Yes that's right. And if you have a problem with that you need to take a good look at yourself in the mirror, and put a "dumbass" stamp on your forehead. Because when your "american dollar" reaches 1 cent in value and you are living in a cardboard box on the side of the road, I am going to shake my head and laugh while driving past you in a Lambo. That's why the fed is trying to hop on the blockchain bandwagon, because they are now realizing their money is going to shit...
 
it worked fine for italy (1000 Lira equaled less then a Euro). And also the fed has been printing money since 2008 with not much of effect in terms of inflation. Money in the financial markets does not necessarily influence consumer prices except for assets and rent. There are possibilities the fed has too, like giving every guy a credit card, that alternates the deposited value on a weekly base. Its a feature Germany couldn't have but is possible today.
IMO It won't be a hyperflation, but a long drawn-out stagflation. It will be more painful than hyperflation, which by nature is rather short in duration.
 
LMAO
Because thats done so well!

U.S. dollar up during the selloff.
Fake internet “money” down 40% in the same time period.

Yup it’s important to own bitcoin! SMH
I believe Blockchain technology is going through the same stage as what Nasdaq went through in the late 90s when investors bid up so many useless garbage stocks just because they had a website. The technology behind the Internet was legit. However, most companies that benefited from the speculation were not. I think it's the same case with Blockchain. The technology will be of immense value in the future, but the bubble surrounding Bitcoin and other derivative products is a disaster in the making.
 
That's fine, you do whatever you have to do to sleep at night. If sleeping in a cardboard box is your style...



Yes that's right. And if you have a problem with that you need to take a good look at yourself in the mirror, and put a "dumbass" stamp on your forehead. Because when your "american dollar" reaches 1 cent in value and you are living in a cardboard box on the side of the road, I am going to shake my head and laugh while driving past you in a Lambo. That's why the fed is trying to hop on the blockchain bandwagon, because they are now realizing their money is going to shit...

to each its own, time will tell who is right.

said it many times, had it not been for USDT I would have given cryptos a chance, but when I have to use my hard earned cash to purchase one, but BitFinance just creates Tethers out of thin air and uses them to bid up cryptos, I'll take a pass.
 
to each its own, time will tell who is right.

said it many times, had it not been for USDT I would have given cryptos a chance, but when I have to use my hard earned cash to purchase one, but BitFinance just creates Tethers out of thin air and uses them to bid up cryptos, I'll take a pass.

Binance, the name is Binance, get it right, you sound silly calling it Bitfinance....

And although I believe the price of tether is manipulated, there is no way they would be able to create more without putting a halt to all Tether transactions. Every token has a set amount from the beggining like Bitcoin has 21 million tokens.

And someone saying they don't want to trade crypto because tether is created out of "thin air" is like a snake biting it's own tail. Everyone knows american dollars can't be created out of thin air :rolleyes:
 
Back
Top