LogFAQs > #964980689

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Topic	Crypto might not necessarily have been a bubble pop but a Canary
WingsOfGood 05/12/22 12:39:30 PM #18:	DarkRoast posted... Cryptocurrencies aren't stocks. They're not regulated like stocks. There's no safety in them. No ability to rely on hedging (Terra Luna). This delusion needs to end. I own no crypto. Well I own a few doge only because RH gave me a free stock and I wanted out of RH so I sold it and put that into doge wanting it to go to 0. However, you forget there is inherent value in crypto. It is not a good thing but it is a thing. That is, crypto was a way for dark organziation like crime to shuffle money around and as far as I know that is still the case and will be in the future. <cite>WingsOfGood posted [p:964980689] in Crypto mig... [t:80018335]...</cite> <quote>DarkRoast posted... </cite> <quote>Cryptocurrencies aren't stocks. They're not regulated like stocks. There's no safety in them. No ability to rely on hedging (Terra Luna). This delusion needs to end.</quote> I own no crypto. Well I own a few doge only because RH gave me a free stock and I wanted out of RH so I sold it and put that into doge wanting it to go to 0. However, you forget there is inherent value in crypto. It is not a good thing but it is a thing. That is, crypto was a way for dark organziation like crime to shuffle money around and as far as I know that is still the case and will be in the future. </quote> ... Copied to Clipboard!
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