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Business, Economics, and Taxes: Capitalism. Yay? >=(

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Deutsche Gopher Fan said:
It is Interesting and I work with some heavy duty blockchain tekkie guys.

im not 100% sold on it like the fanboys, but I also think it’s dumb to dismiss it all as a scam with nothing behind it
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I am 50/50 on it, but that is pretty good for a cynic like me ;^) This is the baby version of whatever is coming next.
 
Kepler said:
IMO baseball cards were ruined when they went up market.

I love baseball Topps designs from all the way back to the beginning to around 1990. Then they have a Great Leap Forward and they become so slick they're just another boring corporate product.

Lo fi was so much better for baseball cards. And packs had 20 cards and cost a quarter, not $5 for 8 or whatever.
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The same could be said for money.
 
Spartanforlife4 said:
Have you seen what’s going on with sports cards and Pokemon cards lately?

Baseball cards are still the 21st century’s baseball cards. Though they did have a long hiatus.
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Fine I guess there's plenty of room for two scams at the same time :-)

Kepler said:
Blockchain and ledgers do seem like interesting ideas to experiment with for decentralized record-keeping that can resist malicious attacks.

But I do kinda think we should try it out on say college hockey score apps before trying to make it global reserve currency.
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Yes. But crypto isn't necessary for that.


Deutsche Gopher Fan said:
It is Interesting and I work with some heavy duty blockchain tekkie guys.

im not 100% sold on it like the fanboys, but I also think it’s dumb to dismiss it all as a scam with nothing behind it
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I never said anything of the sort.
 
So China just sent crypto tanking with rumors they may ban mining within their borders. Every miner (such a dumb term cause there ain't no mining) in America and Europe is begging for that! It makes their mining more valuable and those that get in low will make out like bandits if it rebounds even a small bit. This is fun as hell unless you are dumb and overextended.

As I said a few days ago if you want to get in wait a few weeks then find some Proof of Stake coins and you might get real lucky.
 
Handyman said:
So China just sent crypto tanking with rumors they may ban mining within their borders. Every miner (such a dumb term cause there ain't no mining) in America and Europe is begging for that! It makes their mining more valuable and those that get in low will make out like bandits if it rebounds even a small bit. This is fun as hell unless you are dumb and overextended.

As I said a few days ago if you want to get in wait a few weeks then find some Proof of Stake coins and you might get real lucky.
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Sounds like the same high you get off gambling.
 
Bronco said:
Sounds like the same high you get off gambling.
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Pretty much. And I treat crypto like gambling so that would track. Barring something ridiculous happening I will never get rich off crypto nor would I try to. It is just a side hustle that costs me almost nothing but can make my days exciting if things go into flux.
 
Elon Musk has done an about face on crypto mining. How many federal agencies are searching for undisclosed agents working on his behalf to purchase into the sector over the last week or so?
 
Well his about face is more about how he wants things to be more Green. He is trying to get Bitcoin and Doge (amongst others) to get away from mining because he took so much heat over it. (and rightfully so) I am pretty sure he never liquidated his Bitcoin so he is at best being disingenuous. I don't think he was manipulating the market like China obviously was but I bet he increased his position after the China announcement. (as he should have)

He is a tough one to read. Anyone else and I would be calling BS on everything he says and does but I dunno he sends so many mixed signals. It is either a great con or he is just an idiot who happens to have a high iq and the balls to take chances.
 
So Kevin McCarthy put out an infographic on his socials yesterday on how things were cheaper under Dump in 2020.

I tend to forget the GQP either failed Economics 101, or were only moved along because of Mommy and Daddy's "Legacy."
 
Capitalist Vader has a message for you:

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So a fifth of our beef production is stopped after Russian hackers have hit.

Splendid. Glad I went to Costco today before dump humpers run to stock up on beef
 
Deutsche Gopher Fan said:
So a fifth of our beef production is stopped after Russian hackers have hit.

Splendid. Glad I went to Costco today before dump humpers run to stock up on beef
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Oh, I cant wait for them to bulk buy beef, wrap them in their gas soaked plastic bags, and store them in their freezers for years....
 
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