Topic: Saving these days is like scooping a leak boat (Read 922 times)
I don't think saving is such a bad idea. But i never saved more then 5k
The powers that be would be delighted for Bitcoin to become digital gold. An avalanche of money to be made and no real threat to the dollar. I wouldn't be too shocked if there was a concerted effort to steer it that way.
You can hope. See the holes in that boat? There goes the value of your money in your pockets, and the powers that be are those who pilfer it.
The speculation/bleed-you-dry money has finally been pushed out, and the institutional capital necessary to grow the technology is finally entering.
THIS.
The powers that be would be delighted for Bitcoin to become digital gold. An avalanche of money to be made and no real threat to the dollar. I wouldn't be too shocked if there was a concerted effort to steer it that way.
That is a nasty potential. I have not thought that one through, to be honest.
Nasty indeed. And it seems like most people haven't either, they are too busy looking for the next ride to the moon to see it or care.
I always hoped that bitcoin would gain mainstream adoption BEFORE the big guys moved in. Lets just hope that some of the capital going into the infrastructure can up the usability of bitcoin and balance out the more "speculative investments" a bit
The speculation/bleed-you-dry money has finally been pushed out, and the institutional capital necessary to grow the technology is finally entering.
Judging from the first part of your sentence I presume you are talking about the price of bitcoin, and not investments in the surrounding technology, right? If so, don't you think that the big guys will be just as speculative if not even more? I'm very afraid bitcoin will become nothing but the new pump and dump scheme of Wall Street
That is a nasty potential. I have not thought that one through, to be honest.
The speculation/bleed-you-dry money has finally been pushed out, and the institutional capital necessary to grow the technology is finally entering.
Judging from the first part of your sentence I presume you are talking about the price of bitcoin, and not investments in the surrounding technology, right? If so, don't you think that the big guys will be just as speculative if not even more? I'm very afraid bitcoin will become nothing but the new pump and dump scheme of Wall Street
Actually, the second line of this post makes a good point:
The speculation/bleed-you-dry money has finally been pushed out, and the institutional capital necessary to grow the technology is finally entering.
The first line (and title), i don't know about.
The speculation/bleed-you-dry money has finally been pushed out, and the institutional capital necessary to grow the technology is finally entering.
The first line (and title), i don't know about.
Saving, these days, is like scooping a leak boat, because of you know.
Enter quality money.
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