Comp Sci prof who doesn't think much of crypto

Discussion in 'Crypto Assets' started by tango29, Jul 10, 2022.

  1. joe96

    joe96

    Hi everyone,

    I am building a free stock screener for traders including myself. Currently I need some help from you awesome traders. It will be awesome if someone can give me some advice on my screener page. I will try my best to provide better solutions but I just need someone to tell me what he/she wants from a screener. Please let me know if you are willing to help. That means a lot to me.

    Thank you
     
    #121     Jul 14, 2022
  2. M.W.

    M.W.

    Then don't be stupid and claim there is nothing you disagreed with. I never said the rest of the content is invalid, in fact I agree with most of the rest of the content. Read carefully what I write if you want to engage with me.

     
    #122     Jul 14, 2022
  3. upload_2022-7-15_1-34-2.png
     
    #123     Jul 15, 2022
  4. NoahA

    NoahA

    Good video, and I don't disagree (I follow him of Twitter). But lets face it, changing anything with how the government runs or the actual laws is next to impossible.

    The way we got into this mess is because of how fiat money works, and how much control the FED has. The monetary system is broken. If you fix the money, you fix everything else, including wealth inequality. So I believe the best solution is to adopt the hardest form of money there is, which is bitcoin, and then everything else will fall into place. (albeit after a very ugly dark period, but this is unavoidable at this point)
     
    #124     Jul 15, 2022
  5. DAO and governance tokens have been around for at least a couple years now, plus, quite a few of them have regular votes on protocol revenue distribution.
    What's the last time Tesla, Apple, Netflix, Google, Facebook stock asked for your vote on anything worth a damn?
     
    #125     Jul 15, 2022
  6. #126     Jul 15, 2022
  7. People use the term Ponzi loosely, but the fact remains that just like almost every other crypto, Bitcoin operates on Ponzinomics. The only functional way to make money with Bitcoin where actually owning it is required is to sell it for a higher price than bought. The actual means of payment utility it tried & failed, is minimal nowadays.
    At the end of the day, the BTC ecosystem needs to keep onboarding, and the only selling proposition they have that actually sticks, is "Number Go Up". Oh yeah, and "We were first"
     
    #127     Jul 15, 2022
    xxvolny likes this.
  8. Correction:

    WASH daily trading volume
     
    #128     Jul 15, 2022
  9. johnarb

    johnarb

    There's fake volume for sure, but I think it's not a significant portion of the volume, unlike in 2017 when the Chinese and Korean exchanges were trying to attract new customers

    Nowadays, the industry is dominated by a few players, Binance, FTX, etc
     
    #129     Jul 15, 2022
  10. WTF are you talking about? I agree with all of Reich's content. All of it. I thought you were taking issue with the inheritance component since you brought it up. I simply said that was one element of the widening wealth gap. He presented a multi-pronged rationale.
     
    #130     Jul 15, 2022