Markets turn quiet as investors enjoy Christmas break

Started by OZER, Dec 24, 2021, 08:58 PM

Previous topic - Next topic
1:18:00 its quite simple. Cryptos backed by US fiat is stupid and counter intuitive of the concept crypto.  Fiat is backed by trust, fiat is continuously depreciating and losing its buying power, USD backed stablecoins = USD backed stable coins being highly unreliable.




Hello folks, so what is the outcome? Is crypto leagalized in US?

Fiat currencies are crashing Worldwide. Nothing backs fiat currencies. It's a ponzi scheme.

I will not be buying much of anything but what I need to survive and save save save

Bitcoin is the true asset without the fundamental market value.

I may be over simplifying, and maybe just down right ignorant of monetary issues. However, think of inflation like this; Nixon price capped items of consumer use to control inflation. Why hasn't anyone entertained PRICE CAPS on goods and services?? Raising prices due to lack of supply to the demand only benefits manufacturers of the product. People still do without!  Doesn't make sense!

An an Argentinian, let me explain Inflation to you: Gov' needs to have the money to pay all it's checks. So it prints it, but since wealth is not created by printing money it has to take it from somewhere. So, they take the wealth from the people via inflation... a non legislated tax

14:31 -> NUK library in Slovenia. The room where I studied for most on my exams back in the day. ️

the market is run by, nor does it listen to charts.  Just another wild cramer statement.  mkt cant crash until fed completely stops buying treasuries



Also, i cant wait until congress finds out that if you type the wrong address when transferring wallets, you lose all your money. Lol. Clearly will be forced to be fixed.