Would you be open to a cashless society? (Page 2)

[Jamie05rhs]

Hell to the fucking No!

[John_Doesnt]

You sound like a nice queer fox news supporter

[Ringstretch]

Prefer it didn't happen in my lifetime

[msc545]

Probably not. Too many disadvantages.

[Baredog69]

Hell no

[TexasRed95]

100% no.

[Zenit93]

I’d buy more bitcoin

[Wade12345]

You're an idiot. Crypto is like a fiat that has no backing whatsoever. At least the U. S. Dollar is backed by the land value and taxation.

[Zenit93]

@Wade12345 I work in financial markets as an economist. There’s a lot of fallacy in your vague assertion. For starters, let’s compare bitcoins real life utility which serves to be a store of value. What do we look at in a store of value? An inelastic supply. It’s nonsensical to compare bitcoins utility to the USD as a means of transaction today.

[Zenit93]

If you wish to follow the wave of luddites who use emotional talking points from the media corporates, then have fun missing out on the biggest technological disruption since the internet.

[Wade12345]

All but one crypto currency crashed in the past several days, and the only reason Bitcoin hasn't crashed is because people still haven't admitted it's a ponzi scheme.

[Zenit93]

@Wade12345 The entire market is crashing as a response to a hawkish fed. Risk-off in the market doesn't mean everything is a ponzi scheme.

[Wade12345]

I'll tell you a real world investment that almost always makes a lot of money over the long term:

Magic: The Gathering Cards. Buy about $1000 worth of cards every 6 months and just never even open them and just sit on them for 20 years at a time, and they'll go from being a $3 per rare to being $1500 per rare in some cases more than that, in some cases not that much but they almost never go down in value unless they get reprinted, whihc also almost never happens anymore.

I have a heavily played rare right now that is priced at $800 from Antiquities. If I had a "near-mint" one of the same card would be worth over $1500.

[Zenit93]

@Wade12345 I'll stick to trading futures, and riding the macro play of crypto disruption.

[Wade12345]

Magic Cards beat the Market every year that i know of. Some of the oldest and most powerful cards have gone from $1 when they were first printed to a half-million each now.

[joeldalton]

Nope.

[lofii]

No thank you

[Leibstanrdarte]

It's coming

[userxvi]

fuck no