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Showing 5 of 5 results by Friendlyuser
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Topic
Board Economics
Re: Is space mining creating market differences and on-earth-inflation?
by
Friendlyuser
on 16/04/2024, 15:54:09 UTC
Look how technology has advanced over the past half century.

But some have really not, we have internet, intelligent washing machines that you an program to start and close when your solar panes are in full sun, a fridge you can take a live look from your smartphone or make it add things to your order as soon as you get an item out of it but when it comes to flying, we haven't done much. Neither with space technology, we're 70 years after the launch of a satellite and not much has happen.

 
Post
Topic
Board Altcoin Discussion
Re: "Meme" coins are ruining everything
by
Friendlyuser
on 01/04/2024, 16:08:39 UTC
I agree that most meme coins are just flashy projects with no future that bet everything on a pump and fast cash-out, but at the same time, isn't everyone free to decided where to put his money? If somebody wants to invest in memecoins because he thinks he will get more money that way compared to traditional coins, why not let everyone make his choice?
If meme coins can ruin crypto after 15 years then we built  a castle on sand!
Post
Topic
Board Exchanges
Re: No impact of SEC freezing USA Binance assets
by
Friendlyuser
on 27/06/2023, 17:10:35 UTC
It actually had an effect but not a significant one.

There was no actual freeze so how did something that did not happen affect the markets?

It gives me the impression the SEC is trying to bully Binance out of USA,
Wouldn't have said it any better!!

With Binance its not only in the US, I hear they have left Canada, Netherlands and possibly more European markets won't access their services all because of regulation....and at this point makes me wonder if regulation is what we need to go forward.

That means it's not just the SEC trying to regulate Binance but everyone in the world, and as one saying in my country, if everyone but you tells you you're drunk, then you're drunk, since I see Binance fleeing from every jurisdiction that is asking them to keep customer funds safe for real not just #safu! The SEC asked for us customer funds to be held in the US, yet CZ threw a tantrum, probably because deep down he's just as insolvent as FTX and if everyone asks for those money to be held in trustable and verifiable soruces it will show there is no money!

Post
Topic
Board Bitcoin Discussion
Re: Being Knowledgeable before Bitcoin investment is very Good
by
Friendlyuser
on 27/06/2023, 15:18:57 UTC
Knowledge is not everything, Kiyosaki wrote a best selling book about investments and went bankrupt himself 3 times in a row, some kid who had 10 000 allowance and had everything like internet and a computer and a ton of free time in 2010 could have made more money by spending $10 it on a whim on Bitcoin than any professional trader would be able to do in all his life with that amount. SBF had probably 1% of the knowledge Bitcoin developers have but at the same time he made for sure a thousands times more money than they do.
Post
Topic
Board Bitcoin Discussion
Re: Why do I have faith in Bitcoin?
by
Friendlyuser
on 27/06/2023, 15:12:01 UTC
what?
how did u come by these points?
how come animal bones, shells and other currencies are 1 points?
some animal bones are really expensive u know..
why gold and silver has same amount of points?
who is giving these points?

I might have a clue why he did that, if you don't look at it like value but as score, animal bones and shells were a primitive form of money, then precious metal coins, then Bitcoin.
But everything goes upside down since he labeled them as credit based, as I don't think the bones are the result of a donkey taking a loan, wasting it in the foxden and then having the loan shark wolf coming for his skin.