Bitcoin, and all crypto currencies, are NOT fungible!

[Glock 21]

Step 1: Buy crypto and trade it. Sell the rips but back on the dips.

Step 2: Buy up all the yellow metal stuff you want with Crypto profits.

Step 3: Laugh at those who still don’t get it

 

[Shotgun Surgery]

I'm giggling at you for talking people out of buying crypto right now

Would you giggle at someone who talked others out of buying tulip bulbs?

 

[DirtyishHarry]

Would you giggle at someone who talked others out of buying tulip bulbs?

No, but i'd giggle at someone who thinks that is a valid comparison.

 

[Shotgun Surgery]

No, but i'd giggle at someone who thinks that is a valid comparison.

Other than "you can currently sell it for X price", which was also true for tulip bulbs, what makes you think some 0s and 1s in a computer has more fundamental value than a tulip bulb?

 

[Nonliberal]

Other than "you can currently sell it for X price", which was also true for tulip bulbs, what makes you think some 0s and 1s in a computer has more fundamental value than a tulip bulb?

The dollar hasn't been backed a physical asset since 1935

 

[Nonliberal]

Would you giggle at someone who talked others out of buying tulip bulbs?

If someone was yelling "Don't buy tulip bulbs, tulip bulbs are stupid" yeah I would

 

[DirtyishHarry]

In a world where the financial system is moving to 0s and 1s...everyone should have exposure. Otherwise, you'll get left behind. Banks, insurance companies, trusts and the like didn't change their business model over tulips. We obviously disagree, but time will tell. Bitcoin has been around and dumped on for over 12 years at this point. It isn't going anywhere.

 

[Shotgun Surgery]

The dollar hasn't been backed a physical asset since 1935

Exactly, and look at the value of the dollar since then. It today doesn't even buy 1% of what it did back in 1933. It's as much a fictitious nothing as crypto currencies are.

 

[Nonliberal]

Exactly, and look at the value of the dollar since then. It today doesn't even buy 1% of what it did back in 1933. It's as much a fictitious nothing as crypto currencies are.

Then what are we arguing about? Sounds like we agree to me
I'm just saying that I'm exchanging one imaginary asset that is losing value for another imaginary asset that is gaining value

 

[Nonliberal]

I had to look it up myself just now, but the word fungible is only 53 years old. We're arguing that a made up thing is not valuable as a made up word.
That's the big problem with people inventing new words or changing the meaning of old ones on you.

See you are now wrong because I am tartarious and if you disagree further then it shows your complete innuocurocy