Message from @Josh M. -OH

Discord ID: 512362649623724033


2018-11-14 20:22:47 UTC  

Aside from a slim minority nobody is using crypto to plan for retirement, and as less people learn about it and buy it it'll die down in the long-term and become more stable

2018-11-14 20:23:06 UTC  

lol I think have @Asatru Artist - MD

2018-11-14 20:23:15 UTC  

@Josh M. -OH It depends on which cryptocurrency in particular. Many of them have entirely different purposes than "your regular dollars".

2018-11-14 20:23:37 UTC  

@Jacob You're not going to use it to buy anything you could* with USD because it's too volatile. Why would you buy a pizza with something that could be worth a car in a year? That happened to people in 2013

2018-11-14 20:23:49 UTC  

So it's not a "currency" in that sense but an asset

2018-11-14 20:23:55 UTC  

@Jacob that's the thing. How to convince people to use it and the advantages over the thing their job pays them in.

2018-11-14 20:23:56 UTC  

I guess Im part of the Identity Erovpa JV squad

2018-11-14 20:23:57 UTC  

I thought bitcoin sucked because transactions take forever and you basically get “taxed” for every transaction.

2018-11-14 20:24:03 UTC  

Money is gay, I trade pelts for all of my financial transactions.

2018-11-14 20:24:11 UTC  

big doubt

2018-11-14 20:24:16 UTC  

@Patrick That's honestly a really bad argument. Why would you buy a pizza with dollars that you could invest?

2018-11-14 20:24:20 UTC  

Also it’s hard to buy stuff with.

2018-11-14 20:24:26 UTC  

@Deleted User you an arist ?

2018-11-14 20:24:39 UTC  

A halfrate one

2018-11-14 20:24:47 UTC  

oo

2018-11-14 20:24:59 UTC  

Yes, Bitcoin sucks a lot, but there's other cryptocurrencies that don't have the crazy problems of Bitcoin @Nerv - VA

2018-11-14 20:25:11 UTC  

When you going full Artist @Deleted User

2018-11-14 20:25:21 UTC  

Fox News is supporting CNNs lawsuit over press passes.

2018-11-14 20:25:38 UTC  

Idk, when I get better, I suppose

2018-11-14 20:26:04 UTC  

People who cling to Bitcoin must be suicidal, because it has absolutely zero advantages over other cryptocurrences.

2018-11-14 20:26:14 UTC  

We need a court to explain that privilege =/= rights.

2018-11-14 20:26:31 UTC  

@Jacob what do you think of monero?

2018-11-14 20:26:36 UTC  

>needing a court to explain that <:sad:366743316475281408>

2018-11-14 20:26:40 UTC  

okay man but I will be in need for an arist soon @Deleted User

2018-11-14 20:27:07 UTC  

You conscripting a painting or something?

2018-11-14 20:27:27 UTC  

@Nerv - VA Could be risky since it's only real use is criminals and political dissidents, but, at the same time, it has a very real use case that other cryptocurrencies don't

2018-11-14 20:28:22 UTC  

https://cdn.discordapp.com/attachments/481597551272001546/512363181092634624/image0.png

2018-11-14 20:28:23 UTC  

Because the USD only slowly, marginally and predictably changes in value, you will use it as a currency over the BTC that has none of these traits. 20 dollars in bitcoin changes rapidly to where it's useless as a method of exchange for anything you can buy with USD, and so it's not a crypto"currency" that'll end the Fed like the true believers want it to be

2018-11-14 20:30:45 UTC  

Okay, since some of you are wondering why anyone would crypto over your "regular dollars", I'll give you some reasons
> Some cryptocurrencies can be used to execute smart contracts, which is like a decentralized version of Amazon Web Services.
> Some of them have lower fees and transaction times than credit cards.
> They can't be manipulated by a central bank. Probably not that pertinent to you, but great for people in Venezuela.

2018-11-14 20:31:15 UTC  

@Patrick Why should I buy a pizza if I can buy stocks?

2018-11-14 20:31:33 UTC  

Because you're hungry and it's Friday night

2018-11-14 20:31:49 UTC  

Doesn't that happen to crypto users, too?

2018-11-14 20:31:53 UTC  

You're not going to use bitcoin to pay for it though

2018-11-14 20:32:07 UTC  

I know, because Bitcoin sucks

2018-11-14 20:32:28 UTC  

But if some decent cryptocurrency became popular enough that pizza places were accepting it, I don't see why I wouldn't use it

2018-11-14 20:33:13 UTC  

I wouldn't use it if it's anything close to as volatile as every cryptocurrency is today, because I would be losing out on everything that cryptocurrency could be worth in the future

2018-11-14 20:33:37 UTC  

Comparing this to USD, where I know it'll be only ever so slightly worse in the same amount of time gone by

2018-11-14 20:33:47 UTC  

You're already losing out on everything that potential investments could be worth in the future by spending dollars

2018-11-14 20:34:22 UTC  

If you choose to buy a pizza, aren't you missing out on the crazy stock market gains you could be making with those dollars?

2018-11-14 20:35:15 UTC  

Is this picture pro-Semitic, or anti-semitic?

https://cdn.discordapp.com/attachments/481597551272001546/512364914845679625/image0.png

2018-11-14 20:35:33 UTC  

what does that even mean?