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TopicAre you investing in crypto? If not, why?
Perascamin
09/14/21 12:45:51 PM
#36:


Crypto isn't sustainable and everyone dipping their hand into the pot is supporting something that's not sustainable.

Crypto doesn't do anything. We're driving up the prices of chips, consuming power at unprecedented rates, and creating an incredibly volatile market. You all have to recognize that this is NOT a good thing at all.

Crypto was supposed to replace worldwide currency and become its own form of currency that could be used across the world freely and nearly bypass exchange rates--it has not done that. Instead it has become monopoly money. It's traded like stocks primarily for USD except for it doesn't provide any value to the world. No company benefits from "investments" in crypto. It's idiotic and seriously needs to be addressed on a global scale and become something that no nation will recognize as currency because of the adverse effects It's having on the world.

Your investments in crypto aren't going to mean shit when the worldwide economy crashes to hell and the Big Correction happens because you all decided to play life with monopoly money.

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