I bought a bunch of bitcoins year’s and year’s ago for a gag gift at work. Put the thumb drive in a drawer and forgot all about it until the last few years. After watching what Trudeau did in Canada and now what the world banks are doing to Russia and all the talk about Government controlled digital currency, reporting requirements and tracking of all spending, I feel extremely lucky. Blessed even. Spread out into a bunch of different wallets it is completely untraceable and EVERYBODY wants it. No wonder their trying to kill it.
Bitcoins are basicly worthless. They are not backend by any value and they can be “produced”. That means constant inflation. Global scam. One night and everything can be gone.
When I bought all mine they were a joke. Think I paid like .40 cents per coin. You could by in bulk and get them for far less. Like 5000 coins for $900 US. And we bought LOTS. It was all a joke to us then. We used to play poker with them thinking we were all going to be rich. This was around 2010 maybe. Now, each one of mine is worth over $40,000 US. They are hardly worthless.
That’s true. As is the stock market. It’s interesting because there are hundreds of people out there who bought tens of thousands of coins over a decade ago and now they don’t really know what to do with them. These are just regular working class people. They are millionaires, even billionaires on paper but have seen what happens to people who come forward and cash them in. The IRS for example will take every nickel you have and everything you own and you’ll still owe them millions. And who wants to live in El Salvador.
And the Russian Parliament gave Putin Iron will. They should all be choked
to death with a ball of their own shit.
Shitcoin up 5k today. Looks a pretty good investment.
Down more than 32% from in the last four months.
1. nothing backing it up.
2. and when The State decides to take down the grid…
Scamcoins
Invested in Russian currency.
The best time to buy is when the cost is zero.
I bought a bunch of bitcoins year’s and year’s ago for a gag gift at work. Put the thumb drive in a drawer and forgot all about it until the last few years. After watching what Trudeau did in Canada and now what the world banks are doing to Russia and all the talk about Government controlled digital currency, reporting requirements and tracking of all spending, I feel extremely lucky. Blessed even. Spread out into a bunch of different wallets it is completely untraceable and EVERYBODY wants it. No wonder their trying to kill it.
Bitcoins are basicly worthless. They are not backend by any value and they can be “produced”. That means constant inflation. Global scam. One night and everything can be gone.
When I bought all mine they were a joke. Think I paid like .40 cents per coin. You could by in bulk and get them for far less. Like 5000 coins for $900 US. And we bought LOTS. It was all a joke to us then. We used to play poker with them thinking we were all going to be rich. This was around 2010 maybe. Now, each one of mine is worth over $40,000 US. They are hardly worthless.
It’s a virtual bubble that can burst any day.
That’s true. As is the stock market. It’s interesting because there are hundreds of people out there who bought tens of thousands of coins over a decade ago and now they don’t really know what to do with them. These are just regular working class people. They are millionaires, even billionaires on paper but have seen what happens to people who come forward and cash them in. The IRS for example will take every nickel you have and everything you own and you’ll still owe them millions. And who wants to live in El Salvador.