Jay-Z hawking Bitcoin is so embarrassing

[null]

Everytime the crypto market rises and crashes, the exact same way it has the last two cycles, folks come out with the "ponzi scheme" shyt, "it's a scam" etc.

Keep in mind, you don't even have gold backing your dollars at this point, and the government has already shown they'll manipulate the circulating supply as they please thus devaluing your hard earned savings.

Q: Is there anything at all backing USD "at this point"?

Spoiler: ...

A: "yes. US guns, courts and industrial might."

 

[Hollywood Co]

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

Possibly but as I said with a trillion already invested in the sector, it’s a legit asset class that potential investors should understand

 

[Fill Collins]

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.

OP is a homosexual, neolib Indian tho

 

[null]

Possibly but as I said with a trillion already invested in the sector, it’s a legit asset class that potential investors should understand

not possibly. defintely you want to arm them for life in the here and now.

 

[-DMP-]

We gon laugh about this...over dinner

 

[☑︎#VoteDemocrat]

Everytime the crypto market rises and crashes, the exact same way it has the last two cycles, folks come out with the "ponzi scheme" shyt, "it's a scam" etc.

Keep in mind, you don't even have gold backing your dollars at this point, and the government has already shown they'll manipulate the circulating supply as they please thus devaluing your hard earned savings.

Crypto is absolutely speculative, but I would just suggest to anybody who's interested, don't blindly listen to folks yelling "scam". If you bought 1 bitcoin at the PEAK of the last cycle in January 2018 before it went bust and everyone went back to calling it a scam, you would still be up almost double your money currently. If you bought it at the floor when it was at around $3500 in November 2018 you'd be at about 9x your initial investment right now.

Do your research as always, but don't blindly believe a random guy on the internet yelling scam, and don't believe a guy telling you you'll get rich overnight. The truth is, if you're smart, you do your due diligence, and you only invest money you're willing to lose, you can absolutely make a profit. My profit from trading crypto last year damn near equaled my salary and I'm making 6 figures currently. And I didn't even have my strategy dialed in as well as I could have. Again, be smart about it and DO YOUR RESEARCH BEFORE INVESTING, but there's absolutely a lot of money floating around in the crypto markets to be had if you know how to move.

Libertarians are so gullible smh

 

[Supa]

I think the financial literalcy part is dope.

I wouldnt "invest" in cryptocurrency though.

Oil stocks and tech stocks are REAL investments.

And yet somehow a fake investment has outperformed REAL investments

Yall can stand on your squares and claim it's a ponzi, it's gambling, or whatever narrative you choose. If you haven't put $1 into cryptocurrency you really don't know what you're talking about and are just speaking from an uneducated bias.

 

[Deflatedhoopdreams]

 

[Cryptocurrency Scarface]

Unlike @Cryptocurrency Scarface

 

[CrimsonTider]

And yet somehow a fake investment has outperformed REAL investments

Yall can stand on your squares and claim it's a ponzi, it's gambling, or whatever narrative you choose. If you haven't put $1 into cryptocurrency you really don't know what you're talking about and are just speaking from an uneducated bias.

How does crypto have a market cap?

 

[steadyrighteous]

“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?

The program, announced Thursday, will offer classes online and in-person to Marcy residents with dinner being served at each class. Residents who participate will receive MiFi devices, smartphones, and data plans and are allowed to keep their devices. Meanwhile, children living in the projects will be able to join “Crypto Kids Camp” for two Saturdays. Dorsey also founded the financial services company Block, Inc. (formerly known as Square).

people probably just saw "bitcoin" in the headline and had ptsd flashback about how their dumb ass lost their savings trying to hop on a shyt coin wave. in reality it's a program giving free education/child programs, free meals, and free electronics to neighborhood people i'm sure many people didn't actually read the article so fukk em. let em hate

People ignoring the hell outta these two posts

 

[☑︎#VoteDemocrat]

And yet somehow a fake investment has outperformed REAL investments

That’s why it’s a scam. Y’all are bragging about these exorbitant returns without assessing the fact this value is derived from people puttin their money into a pot. Once there’s a run on it to convert it back to dollars (like you all always have to do because crypto isn’t worth anything) then you’re left holding nothing.

 

[☑︎#VoteDemocrat]

People ignoring the hell outta these two posts

It’s a facade to push crypto.

 

[Mike Nasty]

And yet somehow a fake investment has outperformed REAL investments

Yall can stand on your squares and claim it's a ponzi, it's gambling, or whatever narrative you choose. If you haven't put $1 into cryptocurrency you really don't know what you're talking about and are just speaking from an uneducated bias.

2020 graphs huh? You're going to be posting these same graphs in 2024 when that shyt is back down to 15k.

 

[☑︎#VoteDemocrat]

Possibly but as I said with a trillion already invested in the sector, it’s a legit asset class that potential investors should understand

$1 trillion is nothing in global finance. Plus, Ponzi schemes aren’t knowing for being cheap.