Message from @Outboarduniform
Discord ID: 497120832242319370
Eh you really cant say which cryptocurrency is going to be used in a decade
Cryptocurrency won’t be used
S&P 500 isn’t as good anymore
The number of coins is fixed so it will grow in price as demand increases <:wesmart:359946049588166657>
oh its always good
returns
like 10% average
>thinking "cryptocurrency" is actually a curency and not a Bullshit Hyped Stock created as a scheme by its inventors
<:brainlet:404155381359706132>
it's based on the tech
literally a stock
think of it like speculating on the value of a microsoft function software or somethinh
the accumulated value of a project is quite high
hence why limited supply
Whats gonna happen is all the big dogs at wall street are going to sell BTC all at once and people like you and me will be stuck with a worthless currency
Who cares about its uses as long as I can put money and double it lmao
if you buy crypto
coins are intrinsically priced at the ordinal utility of the tech
Precious metals are always a safe bet though
No risk = invest in gold
Unless we find out a way to actually prove alchemy
Which is not very possible
eh its inflation proof
which is good
^
@PainSeeker5 not necessarily, I used to trade gold mining stocks all the time based on the fluctuations of gold price early morning
We used to have the gold standard
*goes to sleep*
But then it changed
actually the comex opens an hour before markets
HMMMMM
so there's an exploitable inefficiency
but actually investing means to invest stocks bonds etc
if you're smart
its really sad how much the fiat system has taken over
NATO took down libya for wanting to back to a gold standard, for christ sake
If I’m smart
Then what
eh the USD is tied to Oil pretty much