Rare is the thing in this world that can be clarified with complete certainty as nonsense.
Drive. Bilge, Claptrap.
But there are some such things. And one of them, we can be sure. So every time I hear someone about taking cryptocurrency seriously, I have to ask them: don’t you realize that all this is a bull?
Laser’s Baloni is not a little bit on the side. Not only another gambling, or a fun craze, or a good new investment, or an interesting option of that clearly fatal dull real thing that is money.
It does not exist. This is a scam. This is a mischief. It has no internal value.
So why do we have to talk about it too? I beats, many years in bitcoin era. But the fact that your uncle NAT still insists that you are missing the next big thing by not exchange of legal tender for a piece of Ponzi scheme, this Ponji does not make a plan.
It is true that, in view of the proper old gold standard, the value of the paper dollar in your wallet is mostly based on the fact that other aspects will accept it in exchange for goods or services. And it is true that it also has a value because it is supported by full confidence and credit of the United States Government. But this dollar is usually relatively higher than any other currency issued by any other national treasure in the world, as in the old days, gold bricks were piled up in Fort Knoc, or these days of Washington, DC stood behind it. This is higher than other Simolones due to the strength and low risks of the American economy.
And the right to tell the right reason that Uncle Nat, next time he starts fixing the horns on his head and revolts slightly under the capital dome, to close it, knockhead. He is playing with your net value.
It is also true that, if you are ready to deal with an exchange system that gives a new meaning to the word “instability”, you can buy and find ways to spend digital currency tools.
But what is it that you imagine is supported by the equipment? Some Banko artists are taking you out of your swank office in Menlo Park?
Con Male who wants to take your real money in exchange for his fake currency will tell you that Crypto is just digital money that does not require a bank to verify his transaction, recorded on a blockchain, “an irreversible account book that records tracks and trades.” They will admire it as a very AU Cortend as it allows people to pay each other directly through an online system.
To which you will answer: “Babe – Have you ever heard of Venmo?”
There is a very old and very intelligent rule of investment that keeps you that you should never invest money in what you do not understand. And I would accept that, while I have not put a dime in the Crypto market, it was not recently that I understood one of the most strange things about it. I knew that these crypto “mining” operations were spread across the country, in which the vast arrays of powerful computers, encrypts and ha ha, calculate the second as part of an attempt to prevent fraud.
But I did not say that these mines were not allowed to cheat you in Crypto by Samuel Bankman-Frodel, but to be the fastest dress to solve a particular problem by independent operators, which is a part of blockchain protection. If you beat others, the fraudster pays you – in bitcoin, or whatever is their digital currency.
Talk about bringing all this back home. Honor: That is the definition of correct crime. There will be a Harvard dropout to be smart enough to create a craft of that magnitude.
Larry Wilson is in the editorial board of the Southern California News Group. [email protected],