Message from Bird_Goes_Beep in Willem Petzer Live Chat #crypto-stories
Yeah I don't really agree with Schiff. He says Gold has value but Bitcoin (or any other digital asset) does not because the scarcity is artificial. It doesn't matter that it's artificial. What makes crypto better than gold is that it can be a store of value AND is fungible AND everything else the blockchain (or other DLTs) is useful for. Gold is not fungible at all and has nothing else going for it but being a store of value. He is a good speaker but he's spoken a lot of kak in the past, too, about stocks and forex. The crypto crowd there is just a lame bunch.
Bitcoin is only the flagship crypto and by no means is it perfect; something better will come along. (Actually is here already but I don't want to start a altcoin shilling war).
PSchiff is heavily invested in Gold/Silver, btw.
Crypto hype is a zeal without knowledge.
Blockchain = baby
Crypto = bathwater Ponzi scheme
Money = scarce physical commodity like gold
Crypto = fake scarce intellectuall thing
hype is hype regardless of underlying asset.
Bitcoin is terribly flawed but it set in motion an idea that can never be extinguished.
Hope people listened to my altcoin warning
Jip just in time...
Jis crypto Frikkies!
Net nou die dag toe gons internet van die "Triple Bottom".
Is ons nou in 'n "Quadruple Bottom"? 😂
2de bottom was fake 😂
Just set up my wallet, still figuring this out. If anyone would like to help me test, send me something 😃 38MJFaQsiXv3Du9G1eJJ11kWuqSBVPcRBM
Hopefully am doing this right, still a complete newbie to this stuff.
How do people usually get donations via bitcoin by the way? Just link the address or some sort of url link?
just the address. they can use what ever means they want to make the donation.
We have seen a local bottom on ALTS
DCA at these levels wouldn't hurt unless BTC dips below 5k and would set up for generous gains to year end
My money is on stellar.. holding long and strong...
I will be cashing out when it reaches just above $1.00 end of year...
Anybody filed tax returns yet? If so, how did you deal with the crypto gains element?
It will likely have to be declared as Capital Gains.But I am not sure
Was thinking the same ☝
Thanks for that, @kriptomaan.
But somehow I don't feel like giving them shit.
Feel exactly the same @cµrvy, however, i have a feeling they(SARS) will be engaging Luno and the like for details of their clients in this regard. With the huge national budget deficit these bloodsuckers will be looking to scrape every cent out of us upstanding citizens
Yeah I'm already feeling like crying over my tax this year, last years bull run should not benefit the corrupt! Would gladly give the tax to building this country but the corruption is obvious 😩
Expecting some significant BTC volatility in the coming days pending the outcome of ETF decision