Jay-Z hawking Bitcoin is so embarrassing

☑︎#VoteDemocrat

The Original
Bushed
WOAT
Supporter
Joined
Dec 9, 2012
Messages
337,890
Reputation
-35,018
Daps
641,382
Reppin
The Deep State
You a clown


Digital currency is wide open and Crypto is just another form of it. Crypto started from literally nothing but like a stock on NYSE, overall consumer buy in has grown these type of investments up to a trillion dollar market cap

Its reasonable to believe that a lot people putting their money into Crypto might be where Jay from
and him providing his people (FREE) education on the subject shouldn’t be hated on to me. Folks got questions about Crypto outside of just pouring their money into it. Y’all forget its actual innovation is taking place in it too.
only the US military will defend the dollar. everything else is bullshyt.

yall gotta stop acting like this shyt is something special.

Thats why yall get scammed by these rappers talking about "LilUziVertCoin" or something
 

☑︎#VoteDemocrat

The Original
Bushed
WOAT
Supporter
Joined
Dec 9, 2012
Messages
337,890
Reputation
-35,018
Daps
641,382
Reppin
The Deep State
there is no “learning” it lmao. It’s a gamble.

That’s why your example was pure hindsight. How does one “learn” that a random crypto with no utility will crash in a pandemic and then boom years later to make them rich? That’s not a strategy, it’s an anomaly and a miracle.
precisely.

theres literally nothing to learn.

Thats why they can't even "price" it.

At least with stocks you can look at underlying assets and company performance to determine if something is overpriced or under appreciated or if there is internal company dynamics that spell dangers.

With crypto, it literally depends on if theres a "run" on people cashing out of something :dead:
 

the bossman

Superstar
Joined
Sep 4, 2012
Messages
12,126
Reputation
2,810
Daps
57,389
Reppin
Norfeast D.C.
there is no “learning” it lmao. It’s a gamble.

That’s why your example was pure hindsight. How does one “learn” that a random crypto with no utility will crash in a pandemic and then boom years later to make them rich? That’s not a strategy, it’s an anomaly and a miracle.
damn some of yall are real slow. it's a technology that's in its early stages, so you learn about it now to take advantage of the growth potential. you wouldn't know exactly how much it goes by in short term, just that it will have a much higher value in the future long term.

you learn about the future development plans for a neighborhood and buy a house there while it's still hood, before it becomes a hot area. You don't wait to buy after it's become a hot area. people learn about startups with potential and invest based on their future. would you rather have bought Amazon in 2022 or 2002? you see how simple that sounds?
 

the bossman

Superstar
Joined
Sep 4, 2012
Messages
12,126
Reputation
2,810
Daps
57,389
Reppin
Norfeast D.C.
Might take a few years but the crypto hate in this thread won’t age well
:mjlol: there's endless threads full of posts like these that have aged horribly since 2010

"people bought the top and lost all their money, btc is never going back to 1k"
"people bought the top and lost all their money, btc is never going back to 20k"
"the govt is going to ban it"
 

Sauce Mane

Superstar
Joined
Mar 11, 2022
Messages
4,468
Reputation
2,264
Daps
32,674
Reppin
Brooklyn
I feel like teaching more about investing in stock market and retirement accounts like 401k and IRA would’ve been more beneficial?

Crypto is just very volatile and risky
 

JordanwiththeWiz

you mad..you big mad..I’m happy..leave me alone
Supporter
Joined
Dec 8, 2014
Messages
13,074
Reputation
4,380
Daps
70,485
Reppin
2...6
The Nets did make him the face of gentrification. They build that stadium and move all them nikka outta of Brooklyn. That instantly causes the property value to skyrocket. NFL had smiling on camera with Goodell saying we done kneeling, time for action. All he did since the NFL hired him was put together the halftime show.
 

oGTRFG

Banned
Joined
Mar 11, 2022
Messages
82
Reputation
-40
Daps
129
“Classes will be offered from June 22 to Sept. 7 and will include “What is Money?,” “What Is Cryptocurrency?,” “What is Blockchain?” and “How to Keep Yourself Safe from Scammers.” “Everyone should be empowered to make informed financial decisions in order to take care of themselves and their families,” Carter added.”


Someone explain to me what’s wrong with this?
This is why I don’t take most of these pro black clowns serious. Usually they go, “why aren’t these rich black entertainers not helping us”. When they finally help its met with so much criticism. Just be real and say what you guys really want, a handout.
 

Barlow

He,Him,Nigguh
Joined
Aug 7, 2015
Messages
8,231
Reputation
4,046
Daps
59,931
damn some of yall are real slow. it's a technology that's in its early stages, so you learn about it now to take advantage of the growth potential. you wouldn't know exactly how much it goes by in short term, just that it will have a much higher value in the future long term.

you learn about the future development plans for a neighborhood and buy a house there while it's still hood, before it becomes a hot area. You don't wait to buy after it's become a hot area. people learn about startups with potential and invest based on their future. would you rather have bought Amazon in 2022 or 2002? you see how simple that sounds?
Ok but that wasn’t the money making example. The example was putting your money in when it crashed and hoping it popped.

Please do not compare riding the wave of a coin crashing and exploding to investing in amazon sir.
 

Tribal Outkast

Veteran
Joined
Nov 22, 2016
Messages
37,823
Reputation
6,142
Daps
115,942
We have a Cost of Living crisis and people can barely put food on their table right now. Telling people to put the last bit of their money into a highly volatile and speculative asset is incredibly irresponsible, and is more akin to gambling rather than investing. Jay is either completely tone deaf to problems most people are facing right now, or he's truly embracing the grift. Either way he managed to take some new age shyt and give it a Boomer spin, incredible.
Making people spend money to learn how to make money is always funny to me. shyt reminds me of them dudes back in the day with them commercials talking about buy my course so I can tell you how to get this money… with Cha broke ass :russ:
 

null

...
Joined
Nov 12, 2014
Messages
34,073
Reputation
6,690
Daps
52,582
Reppin
UK, DE, GY, DMV
Digital Currency isn’t going anywhere and will be the future. Bitcoin and Crypto are the vehicles that started the wave. You can call it a Ponzi scheme but in 20 years, future money and transactions will look more like Crypto than the traditional systems we use today.

Better to understand and get educated on it now than playing catch up when systems become more standard. Invest what you can afford to lose just like any investment and I would think Jay and his folks would highlight the fact at the top.

It’s like folks using horse as the main mode of transportation when the Model T first dropped. They couldn’t understand and thought it would never last….

so he should move crypto to a section about "the future" and he should add a section to discuss "now" money.
 
Top