Thanks for sharing Lancet_Jade.

Sure thing, let me know if you have any questions!

Cryptocurrency is not anchored in anything trustworthy. It is only based on speculation, black market, drug trades, and people that have something to hide. It will go bust sooner or later, and people that say otherwise, are only those who have money in it and tries to talk/hype it up further.

Real currency is based on people working to make society better. There must be some kind of government control over it, otherwise it's the wild west all over again. It is basically capitalism in it's purest form.

This post was edited by Taurean on Dec 3 2017 12:56pm

ain't nobody got time for that when the weed boom is here
blockchains tho yeah

This post was edited by pussymoneyweed on Dec 3 2017 01:45pm

Agreed

Cryptocurerncies are digital and cannot be counterfeited or reversed arbitrarily by the sender, as with credit card charge-backs.

When you give your credit card to a merchant, you give him or her access to your full credit line, even if the transaction is for a small amount. Credit cards operate on a “pull” basis, where the store initiates the payment and pulls the designated amount from your account. Cryptocurrency use a “push” mechanism that allows the cryptocurrency holder to send exactly what he or she wants to the merchant or recipient with no further information.

Access to Everyone: There are approximately 2.2 billion individuals with access to the Internet or mobile phones who don’t currently have access to traditional exchange systems. These individuals are primed for the Crytocurrency market. Kenya’s M-PESA system, a mobile phone-based money transfer and micros financing service recently announced a bitcoin device, with one in three Kenyans now owning a bitcoin wallet

Lower Fees: There aren’t usually transaction fees for cryptocurrency exchanges because the miners are compensated by the network (Side note: This is the case for now). Even though there’s no bitcoin/cryptocurrency transaction fee, many expect that most users will engage a third-party service, such as Coinbase, creating and maintaining their own bitcoin wallets. These services act like Paypal does for cash or credit card users, providing the online exchange system for bitcoin, and as such, they’re likely to charge fees. It’s interesting to note that Paypal does not accept or transfer bitcoins.


Not backed by anything trustworthy? Not improving society? lulz
Is it in a economic bubble? Well yes, it has the exact characteristics of a true economic bubble. Did the great depression or the great recession destroy the stock market? No. Will the cryptocurrency bubble destroy cryptocurrency? No. It's here to stay.

This post was edited by Lancet_Jade on Dec 3 2017 01:55pm

they man it's cutting out the middle man and it's the way the world is going, no doubt a smart move to jump on that train
I'm hooked on the canadian marijuana sector though I just can't get enough..

This post was edited by pussymoneyweed on Dec 3 2017 01:55pm

Would you accept rent payments in crude petroleum? Lithium ore? Hamburgers?
Derp, I guess none of these things are worth anything if you can't pay rent with them...

What alt coins you guys getting into?

NEO / SALT / ARK / NAV / VTC are on my radar. Most likely get into SALT/VTC later this month.



Mmm hamburgers.

Can u hack it so u have a million cryptocoins
Or just make up ur own currency?