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Cryptocurrency
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"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain -
"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Cryptocurrency
Thank you for your insight! As for me, I prefer something more traditional, such as real estate crowdfunding, I think it`s just too much volatility in the cryptocurrency market.Originally posted by scooterscot View PostI'm surprised how little discussion this subject receives amongst you IT lot..
Me thinks crypto currency is going to have a massive impact in the future. Just like the VHS in the seventies, or computers in the 80's, or internet in the 90's.. in the coming years it'll be crypto currency. Been following the developments recently with much interest, since I'm kind of into math anyway. The ideas are fascinating.
Governments have been about controlling money, that has been their power. A chunk of that power is about to be removed of them. It might sound fanciful but I reckon in the not to distant future individuals will be transferring money around the globe in seconds to each other. There'll be no centralisation.
Think of 2008 again without centralisation. Indeed, think about the power of credit referencing agencies and the power they wield over those in working class poverty. Even today they're more than two million adults in the UK without a bank account.
Change is afoot.Comment
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Volatility is always found in new asset classes. Nonetheless a monthly dollar cost averaging investment in Bitcoin these past few years would have made returns you'd never have believed.Originally posted by James Adams View PostThank you for your insight! As for me, I prefer something more traditional, such as real estate crowdfunding, I think it`s just too much volatility in the cryptocurrency market.
Cost averaging in to a new volatile asset class is the way to go."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Well that lasted a long time compared to property, gold and the world's stock markets.Originally posted by AtW View Post
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ftfyOriginally posted by jamesbrown View PostThis time next year, scootie, you're going to be driving an Austin Allegro.Comment
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