52ndStreet
Gold Member
- Jun 18, 2008
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Is Bitcoin a scam?.
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It isn't a scam, but it can be a volatile investment. That's likely to be the case for a while, until more people understand how it actually works. I don't invest, because I'm not one of those people.Is Bitcoin a scam?
Is Bitcoin a scam?.
You might argue that the US dollar is an even bigger scam.Is Bitcoin a scam?.
At this point they are the same. The USD is based on the GDP, which is really depressed and debt which has skyrocketed. The BTC is based on ???--buyers and sellers?You might argue that the US dollar is an even bigger scam.Is Bitcoin a scam?.
You might argue that the US dollar is an even bigger scam.Is Bitcoin a scam?.
how is that different than the american dollar???Is Bitcoin a scam?.
I wouldn’t trust it
It is based on some arbitrary undefined value.
If someone were to declare it worthless, what can you do?
The US Government stands behind the US Dollar and has for 200 yearshow is that different than the american dollar???Is Bitcoin a scam?.
I wouldn’t trust it
It is based on some arbitrary undefined value.
If someone were to declare it worthless, what can you do?
The US Government stands behind the US Dollar and has for 200 yearshow is that different than the american dollar???Is Bitcoin a scam?.
I wouldn’t trust it
It is based on some arbitrary undefined value.
If someone were to declare it worthless, what can you do?
Who is standing behind your Bitcoin investment
The US Government stands behind the US Dollar and has for 200 yearshow is that different than the american dollar???Is Bitcoin a scam?.
I wouldn’t trust it
It is based on some arbitrary undefined value.
If someone were to declare it worthless, what can you do?
Who is standing behind your Bitcoin investment
now thats some funny shit right there,,,
is that the same government thats borrowing money in the trillions????
you may want to rethink your answer,,,
How much does the coin weigh ?Is Bitcoin a scam?.
The US Government stands behind the US Dollar and has for 200 yearshow is that different than the american dollar???Is Bitcoin a scam?.
I wouldn’t trust it
It is based on some arbitrary undefined value.
If someone were to declare it worthless, what can you do?
Who is standing behind your Bitcoin investment
now thats some funny shit right there,,,
is that the same government thats borrowing money in the trillions????
you may want to rethink your answer,,,
I have 200 years of history and an Internationally accepted currency supported by the GDP of the wealthiest nation on earth
What does Bitcoin have?
Worthless coins
Actually, you just proved his point. US currency can have debt or even surplus, because it represents tangible goods and products.I have 30 trillion in current debt to make your point wrong,,,
fact is neither can pay off their debts,, and the government has all the slaves they need to provide for their spending extravaganzas,,,Actually, you just proved his point. US currency can have debt or even surplus, because it represents tangible goods and products.I have 30 trillion in current debt to make your point wrong,,,
Whereas, Bitcoin has neither, because the only product is thin air backed by nothing and no one. ...