Topic: Bitcoin&Altcoins - Fake Investment Products That Pollute the Environment - page 2. (Read 238 times)
April 07, 2020, 02:49:51 AM
The easy way to invest is you can choose by yourself whether you want to invest in bitcoin or other coin or you want to invest with the other which have the investment product as you say. People cannot be forced to buy the investment because they have the right to choose. So in this matter, let people choose what type of investment they want, and if they're going to select bitcoin which don't have the investment product, we cannot do anything except accepting what they choose. That is why they need to research the investment before they spend their money to invest in preventing from the wrong thing that they don't know, and they can do something if that thing is not right.
April 07, 2020, 02:23:00 AM
In the below linked presentation, Bitcoin is exposed as a fake investment product, which as such, is a total waste of energy. This also applies to all cryptocurrencies.
Why is bitcoin a fake investment product? Or, to put it another way, how do we even differentiate between real and fake ones. Well, it's easy. In a real investment product, your investment of property or work is invested into something actual, which in the future, can provide you similar benefit. In a fake investment product, your investment is not actually invested into something, but is rather, just transferred from you as a new investor to old investor. Historically, there is no exception to the rule that all such products end up collapsing.
The rest here: https://youtu.be/N5RKm7_scL4
Why is bitcoin a fake investment product? Or, to put it another way, how do we even differentiate between real and fake ones. Well, it's easy. In a real investment product, your investment of property or work is invested into something actual, which in the future, can provide you similar benefit. In a fake investment product, your investment is not actually invested into something, but is rather, just transferred from you as a new investor to old investor. Historically, there is no exception to the rule that all such products end up collapsing.
The rest here: https://youtu.be/N5RKm7_scL4
In a democracy, criticism is always welcome! It actually one of the key foundation of a democracy. Since bitcoin or the crypto market is democratic in nature, I see no issue when people criticizes it. It will only matter if the majority thinks in a similar way. Looking at the channel, it is clear that they are very new and probably trying to get some views by posting something controversial. So we can safely overlook such videos as it makes no sense to us! It's also a democratic right after all!
April 07, 2020, 02:05:08 AM
Bitcoin affection to environment is not so big actually. Haters are just searching reasons to hate btc and crypto
April 07, 2020, 01:39:12 AM
All of us are using bitcoin as an investment but those people say that bitcoin is a fake are missing the point why bitcoin was made by satoshi.
It's made as a peer to peer e-cash system. Then being an investment is just the latter.
It's made as a peer to peer e-cash system. Then being an investment is just the latter.
April 06, 2020, 07:20:46 PM
Why is bitcoin a fake investment product? Or, to put it another way, how do we even differentiate between real and fake ones. Well, it's easy. In a real investment product, your investment of property or work is invested into something actual, which in the future, can provide you similar benefit. In a fake investment product, your investment is not actually invested into something, but is rather, just transferred from you as a new investor to old investor. Historically, there is no exception to the rule that all such products end up collapsing.
All i can say is that the person need to learn about the concept of bitcoin and cryptocurrency generally, the market might have seen some bad eggs to the unregulated nature of cryptocurrency market but crypto is real due. The concept behind the creation of cryptocurrency is to provide the world with a digitized currency that will give full control to people on how to manage their financial life and that is why the idea of cryptocurrency promotes an anonymous transaction which is traceable but cannot be modified. People that offen say things like this are people that see cryptocurrencies as an investment option meant for taking off profits due to it's price fluctuation and not seeing it from the perspective of decentralized finanacial system.
April 06, 2020, 01:51:29 PM
Why is bitcoin a fake investment product? Or, to put it another way, how do we even differentiate between real and fake ones. Well, it's easy. In a real investment product, your investment of property or work is invested into something actual, which in the future, can provide you similar benefit. In a fake investment product, your investment is not actually invested into something, but is rather, just transferred from you as a new investor to old investor. Historically, there is no exception to the rule that all such products end up collapsing.
Bitcoin is a replacement for cash. The same you have just said there is the same that could be said about cash? You're investing in something (or earning somethiing) that is just going to not be worth anything in the future but is just a change of state. Your hours turn to $£euro or btc and then you can choose to invest them into other stuff.
the interesting part isn't the currency itself but it's what you could do with the power of the blockchain. It's both overestimated and underestimated in its power. But if we go off current ideas and lots of things such as real estate and stocks are put on the chain, we use the current legislation:
1. You list a house for sale, and allow for viewings, signing your key to suggest you own it
2. Someone makes an offer you want to accept
3. A multisig is entered into with your house, their funds, and two solicitors to authenticate everything (or just a registrar instead of solicitors).
4. The house sale can go ahead if all conditions in the multisig contract are fulfilled. Different entities such as your serveyor and builder could be added to the contract so you don't have to search for/order paperwork.
Similar products such as decentralised finance are becoming available too, such as up to 8%/3%/1% on DAI/ETH/BTC...
April 06, 2020, 01:39:11 PM
In the below linked presentation, Bitcoin is exposed as a fake investment product, which as such, is a total waste of energy. This also applies to all cryptocurrencies.
Why is bitcoin a fake investment product? Or, to put it another way, how do we even differentiate between real and fake ones. Well, it's easy. In a real investment product, your investment of property or work is invested into something actual, which in the future, can provide you similar benefit. In a fake investment product, your investment is not actually invested into something, but is rather, just transferred from you as a new investor to old investor. Historically, there is no exception to the rule that all such products end up collapsing.
The rest here: https://youtu.be/N5RKm7_scL4
Why is bitcoin a fake investment product? Or, to put it another way, how do we even differentiate between real and fake ones. Well, it's easy. In a real investment product, your investment of property or work is invested into something actual, which in the future, can provide you similar benefit. In a fake investment product, your investment is not actually invested into something, but is rather, just transferred from you as a new investor to old investor. Historically, there is no exception to the rule that all such products end up collapsing.
The rest here: https://youtu.be/N5RKm7_scL4
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