End of Crypto?

[Mifune]

Originally Posted by superdog

I suppose I should have known this might be a little contentious.

It was a genuine question about yesterdays news.

Interesting times.

I am just trying to make the topic exist with a sense of clarity and not conflation, mischaracterization or outright falsehoods.

I dont think anyone is upset or flagrant.

I waited to respond to let all the opinions come out then addressed them all at once for clarity.

[superdog]

Originally Posted by Mifune

I am just trying to make the topic exist with a sense of clarity and not conflation, mischaracterization or outright falsehoods.

I dont think anyone is upset or flagrant.

I waited to respond to let all the opinions come out then addressed them all at once for clarity.

I don’t think you are doing anything wrong.

I’m actually learning quite a bit from you.

[austinp]

Originally Posted by superdog

I don’t think you are doing anything wrong.

I’m actually learning quite a bit from you.

Me too. Thanks MF. I like hearing both sides of this one.


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[superdog]

Originally Posted by austinp

Me too. Thanks MF. I like hearing both sides of this one.


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Exactly.

I genuinely don’t think I’ll ever invest in crypto. But never say never.

[77T]

Originally Posted by superdog

I genuinely don’t think I’ll ever invest in crypto. But never say never.

I am in that camp as investment - yet I hold some traditional mutual funds and ETFs that have stakes in the companies that benefit from crypto, one step removed. I mean the mining, networking, data centers, computer makers, chip makers and the energy consumption.

It’s the downstream effect created by the demand for those products. As someone said earlier, those who sell into the crypto ecosphere or provide services to it will benefit no matter what the coins or NFTs are doing on exchanges stripping or inflating values.

Like Levi Strauss selling jeans to miners in the 1800’s - he couldn’t lose by staying one step removed from the gold rush.


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