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RE: The collapse of fiat and rise of cryptocurrencies

in #bitcoin6 years ago

Looking at all the comments and no one agrees with Uncle which is laughable. The uncle has a valid point. Anyone that flatly disagrees with him doesn’t isn’t thinking straight and groupthink has set in. Like yourself as I love crypto and check blockfolio once an hour but he is right. It is way too volatile at the moment. It’s only the beginning but no one can disagree with him. I’ve made and lost majorly with crypto to the point that I nearly sold out but I am holding as it can’t get much worse. But Il never seen precious metals lose 90% of their value. So right now uncle is dead right. And I know il get replies like it’s the future , you didn’t trade the right coins. I’m not buying that. The whales are profiting from the normal investor. They are controlling the market which is why fiat introduced central banks.
Even guys on 75 rep on Steemit post a crappy post with 2 words and he gets 1000 upvotes and $50. The rich are getting richer. Same old story. Quantum computing is meant to be the biggest risk to blockchain as tech is better. No one talks about that because we are all trying to make a few pound off alts. But is bitcoin really the future ? Really? So I have 3 bitcoin last December and I’m off down to buy a 5 series BMW for 60 grand. The next day I can nearly afford a Ford Fiesta ?? Il keep most of my money like Uncle in fiat for now.

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