Buy Bitcoin

CigarStone said:
I have heard/read that digital currency is a way to beat the corrupt banking industry. A little common sense will tell you that over-throwing the corrupt banking industry will happen shortly after over-throwing the corrupt government, the corrupt legal system, the corrupt healthcare system, the corrupt education system ................... and so on..................................
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You hit the nail on the head, in terms of mass corruption, however the dominoes may not fall in that order... I trust crypto far more than any bank out there. If you only knew how the federal reserve and banking system works, and the fact they hold very little cash reserves, not to mention how heavily they have leveraged YOUR money (if you don't know what leverage is, look it up) -- if you know what any of this means, you'd probably pull your money out of the bank today...

Bitcoin has little to no utility, however it was the first crypto that kicked off the industry, which is why it's the most expensive. If you want to get into crypto, consider XRP (which has a TON of utility). Currently trading at $2.40/coin. If you do your research, you might find out that XRP has a very good chance at replacing swift and becoming the backbone of the new financial system. Not to mention XRP is able to perform cross-border transfers faster and cheaper than any technology out there.

Bitcoin is out of reach for too many people now that it's over $100k/coin, however XRP is just getting started...

Oh, of course there is also silver for those who don't trust cryto. The gold to silver price is 100 to 1, meaning you need 100 oz of silver to buy 1 oz of gold. Gold has been going vertical for the past couple of years, however silver hasn't taken off yet... XRP is Bitcoin's silver, just as silver is to gold. :D
 
Rod said:
You hit the nail on the head, in terms of mass corruption, however the dominoes may not fall in that order... I trust crypto far more than any bank out there. If you only knew how the federal reserve and banking system works, and the fact they hold very little cash reserves, not to mention how heavily they have leveraged YOUR money (if you don't know what leverage is, look it up) -- if you know what any of this means, you'd probably pull your money out of the bank today...

Bitcoin has little to no utility, however it was the first crypto that kicked off the industry, which is why it's the most expensive. If you want to get into crypto, consider XRP (which has a TON of utility). Currently trading at $2.40/coin. If you do your research, you might find out that XRP has a very good chance at replacing swift and becoming the backbone of the new financial system. Not to mention XRP is able to perform cross-border transfers faster and cheaper than any technology out there.

Bitcoin is out of reach for too many people now that it's over $100k/coin, however XRP is just getting started...

Oh, of course there is also silver for those who don't trust cryto. The gold to silver price is 100 to 1, meaning you need 100 oz of silver to buy 1 oz of gold. Gold has been going vertical for the past couple of years, however silver hasn't taken off yet... XRP is Bitcoin's silver, just as silver is to gold. :D
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Good thing I don't have any money in the bank! 🤣

Here is why I am hesitant to jump on this wagon. We have heard for 30-40 years that by the time we get to age, Social Security will be gone, we have seen the stock market crash, we have heard that the AIDS and Covid pandemics would kill us all. Yet here we are.

I don't believe the corrupt banking industry will collapse, simply because the corrupt bankers are in the pocket of corrupt politicians and the politicians will change the rules to make sure their financial supporters stay afloat.

It's the American way!:(
 
Mizicke5273 said:
I am no bitcoin advocate, the opposite in fact, but from the small blurb I read, it seemed to be akin to recent Healthcare exposures. Basic User info and masked SS and CC numbers. Was there more than what is being reported?
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You mean like people cryptos? I hadn’t heard that any of that was stolen.
 
Rod said:
You hit the nail on the head, in terms of mass corruption, however the dominoes may not fall in that order... I trust crypto far more than any bank out there. If you only knew how the federal reserve and banking system works, and the fact they hold very little cash reserves, not to mention how heavily they have leveraged YOUR money (if you don't know what leverage is, look it up) -- if you know what any of this means, you'd probably pull your money out of the bank today...

Bitcoin has little to no utility, however it was the first crypto that kicked off the industry, which is why it's the most expensive. If you want to get into crypto, consider XRP (which has a TON of utility). Currently trading at $2.40/coin. If you do your research, you might find out that XRP has a very good chance at replacing swift and becoming the backbone of the new financial system. Not to mention XRP is able to perform cross-border transfers faster and cheaper than any technology out there.

Bitcoin is out of reach for too many people now that it's over $100k/coin, however XRP is just getting started...

Oh, of course there is also silver for those who don't trust cryto. The gold to silver price is 100 to 1, meaning you need 100 oz of silver to buy 1 oz of gold. Gold has been going vertical for the past couple of years, however silver hasn't taken off yet... XRP is Bitcoin's silver, just as silver is to gold. :D
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Respectfully totally disagree with this take on XRP.
The difference between Bitcoin and XRP is that XRP is controlled by a group of individuals with an unlimited supply. When they want more XRP, they will just print more XRP. There is an infinite amount of XRP similar to the Fiat dollar controlled by the government with an unlimited supply.

Bitcoin is limited to 21 million that’s it it is not controlled by anyone but a computer program that just runs every 10 minutes there are more BITCOIN created and that number gets smaller and smaller into the future. The last bitcoins will be mine in 2140.
This limited supply is one of the reasons why it’s so valuable.
There’s a little more to it, but that’s what triggered me to get into BITCOIN
 
kona1000 said:
Respectfully totally disagree with this take on XRP.
The difference between Bitcoin and XRP is that XRP is controlled by a group of individuals with an unlimited supply. When they want more XRP, they will just print more XRP. There is an infinite amount of XRP similar to the Fiat dollar controlled by the government with an unlimited supply.

Bitcoin is limited to 21 million that’s it it is not controlled by anyone but a computer program that just runs every 10 minutes there are more BITCOIN created and that number gets smaller and smaller into the future. The last bitcoins will be mine in 2140.
This limited supply is one of the reasons why it’s so valuable.
There’s a little more to it, but that’s what triggered me to get into BITCOIN
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Actually not true, XRP has a max supply of 100 billion, and is deflationary by design. Bitcoin may be good for investors (kind of like gold), however it cannot do what XRP does. Both are excellent assets, just a different use case, to which I believe XRP will see more gain in percentage this bull run than Bitcoin will. We shall see...
 
Rod said:
Actually not true, XRP has a max supply of 100 billion, and is deflationary by design. Bitcoin may be good for investors (kind of like gold), however it cannot do what XRP does. Both are excellent assets, just a different use case, to which I believe XRP will see more gain in percentage this bull run than Bitcoin will. We shall see...
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Until Brad Garlinghouse decides he wants to print more.

Any utility an open sourced blockchain tool might have it can be copied & manipulated to your own personal need and used that way. You can look at Etherum or Solana to see the future of blockchains that offer utility. There's value for gamblers and VC's but they reach a critical mass and stagnate with higher and higher fees- they will eventually all fall to the strongest blockchain. You can find a ton of paid for articles talking about XRP and its awesome utility. Years ago they said Western Union was going to start using it, Bank of America, or some other bank- none of that has happened. Good luck to the XRP army for believing.

Bitcoin has an amazing program with the mining reward, difficulty adjustments and limited supply- once you get into it and study it- there is no better store of value on the planet. What other utility do you need than securing your time for generations?
 
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