chipinla
4 of a Kind
- Joined
- Apr 12, 2018
- Messages
- 7,408
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Mcafee was pumping alt coins for a bit in 2017 similar fashion
Move over JFK ha.
Mcafee was pumping alt coins for a bit in 2017 similar fashion
I made my comment as a joke but anyone who uses snopes as a “reliable” source has to be joking just as much as me.
I assumed/hoped it was a joke, but the link was to make sure no-one takes it seriously as it doesn't come off clearly as a joke.I made my comment as a joke but anyone who uses snopes as a “reliable” source has to be joking just as much as me.
100%, but everyone has a fact for everything is my point. Who knows? My response is “89% of Snopes articles from January 27, 2021 to June 26, 2021 used at least one media source as verification for its claims, rather than using original sources. The percentage "captures how many claims by [the] fact checker relied at least in part on media reporting as “truth” for its verification task”I assumed/hoped it was a joke, but the link was to make sure no-one takes it seriously as it doesn't come off clearly as a joke.
What's wrong with snopes? At least they do some research but there's also this: https://apnews.com/article/fact-checking-372219402249 although it's popular to distrust MSM these days.
This is the dumbest thing I've seen in a long time. First the USD was backed by gold and silver, then the backing was removed so that they could print as much as they wanted. The dollar became worthless and only given value by belief and hope. Now a crypto is claiming legitimacy by being "backed" by this worthless paper. The entire reason people are wanting to move into a crypto is because its not tied to worthless gov't fiat.It is actually verified and audited by governing bodies within the US so that every 1 USDC issued on the blockchain is back by 1 USD in the bank.
https://www.circle.com/en/usdc
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USDT has been around for yearsThis is the dumbest thing I've seen in a long time. First the USD was backed by gold and silver, then the backing was removed so that they could print as much as they wanted. The dollar became worthless and only given value by belief and hope. Now a crypto is claiming legitimacy by being "backed" by this worthless paper. The entire reason people are wanting to move into a crypto is because its not tied to worthless gov't fiat.
Isn't crypto only given value by belief and hope?This is the dumbest thing I've seen in a long time. First the USD was backed by gold and silver, then the backing was removed so that they could print as much as they wanted. The dollar became worthless and only given value by belief and hope. Now a crypto is claiming legitimacy by being "backed" by this worthless paper. The entire reason people are wanting to move into a crypto is because its not tied to worthless gov't fiat.
...and magic!Isn't crypto only given value by belief and hope?
How about posting an instance where Snopes was acknowledged to be wrong?I made my comment as a joke but anyone who uses snopes as a “reliable” source has to be joking just as much as me.
Remember, Bitcoin failed in 2017.USDT has been around for years
The USDT will fail FUD is always spinning BS somewhere
It makes selling to USD to trade later to crypto easier and can be secured on the blockchain not in an exchange.
I don’t see it going anywhere
Remember, Bitcoin failed in 2017...
No, its given value by how much people want it to have value. Its a finite quantity, the the more of it people buy, the less there is, the more the value increases. Yes, crypto can have some large swings in valuation, but its based on the market. Thats still preferable over a govt which creates as much as it wants for free, continually eroding its worth.Isn't crypto only given value by belief and hope?
Go try to spend an oz of gold directlyIsn't crypto only given value by belief and hope?
To each their own, but the entire infrastructure is far more developed than you understand.Now you will need to file two extra lines on your taxes, one for the chips and the other for the crypto. Oh, and should you not file your taxes properly, the fact you did the deal with crypto is "proof" of criminal intent to defraud the United States government.
We have enough troubles when paying using F&F on paypal when someone defaults. e.g. https://www.pokerchipforum.com/threads/caution-adviced-when-dealing-with-this-member.66843/ Now with crypto it is even harder to make a claim to get your funds back.
There would be a hefty fee for having to deal with crypto, if I were a seller. I guess a couple of grand plus a percentage of the price to make it worth the trouble and the risk.
Well, actually, there wouldn't be any extra risk because I wouldn't be shipping chips to the buyer until I had converted the crypto into cash and the transaction had aged for a couple of weeks. Maybe most buyers wouldn't want to wait a month to get their chips, but that wait would be just part of the transaction.
Can't see any benefit to this sort of rube goldberg form of payment. Sure you could do things this way, but why?
Or, we could just use paypal / venmo / etc. -=- DrStrange