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#4568239 - 05/13/21 02:34 AM Hey, Bitcoin, Elon doesn't like you.  
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https://www.cnbc.com/2021/05/12/elo...accepting-bitcoin-for-car-purchases.html

Crypto is one of the most wasteful, idiotic ideas mankind has concepted in millennia, and has been a plague on graphics card prices, energy, and the environment. Now, for once, someone highly visible to the crypto punk space has spoken out against it.

Will this be the beginning of the end?

I doubt this. But it is amusing, nonetheless. What does Elon have up his sleeve?

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#4568241 - 05/13/21 02:41 AM Re: Hey, Bitcoin, Elon doesn't like you. [Re: Mr_Blastman]  
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Yep. yep

Once again, my college thesis. winkngrin



Look for me on Twitter, Instagram, Facebook or Tic Toc...or anywhere you may frequent, besides SimHq, on the Global Scam Net. Aka, the internet.
I am not there, never have been or ever will be, but the fruitless search may be more gratifying then the "content" you might otherwise be exposed to.

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#4568242 - 05/13/21 02:42 AM Re: Hey, Bitcoin, Elon doesn't like you. [Re: Mr_Blastman]  
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Originally Posted by Mr_Blastman
.. and has been a plague on graphics card prices, energy, and the environment.


And now with the Chinese Chia coin risk plague SSD and HDD supply.

#4568243 - 05/13/21 02:42 AM Re: Hey, Bitcoin, Elon doesn't like you. [Re: Mr_Blastman]  
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https://www.cnbc.com/2021/05/12/elo...accepting-bitcoin-for-car-purchases.html

Mainstream investors and some corporate buyers including Tesla, Square, Metromile and Nexon have flocked to bitcoin, viewing the digital currency as a potential inflation hedge while central banks print money to relieve coronavirus-distressed economies.

About as smart as buying ice for use as a flotation device. smile


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#4568244 - 05/13/21 03:28 AM Re: Hey, Bitcoin, Elon doesn't like you. [Re: Mr_Blastman]  
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I don't understand crypto. 3 years ago I had a friend who lost his job, girlfriend left him, he had $2000 left, and he ask me if he should invest it all in crypto. I told him I did not know anything about that.

Several months later he had a new car, HD TV in every room of his apartment, expensive mountain bike. He said he made money in crypto on that $2000.

#4568245 - 05/13/21 03:36 AM Re: Hey, Bitcoin, Elon doesn't like you. [Re: Mr_Blastman]  
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#4568246 - 05/13/21 03:49 AM Re: Hey, Bitcoin, Elon doesn't like you. [Re: Mr_Blastman]  
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So...if I had a computer with a graphics card, that makes me, well besides a potential zillionaire, maybe even a influencer on social media.

When hunting for and/or investing in pixels is the new normal...

Well, I think we are in deep do doo.

Of course at this point, neither does investing in stocks, even investing in anything you can't eat or helps you get things to eat.

It seems the run-of-the-mill inmates have let the REALLY crazy inmates out, and now THEY are running the asylum.


Look for me on Twitter, Instagram, Facebook or Tic Toc...or anywhere you may frequent, besides SimHq, on the Global Scam Net. Aka, the internet.
I am not there, never have been or ever will be, but the fruitless search may be more gratifying then the "content" you might otherwise be exposed to.

"There's a sucker born every minute."
Phineas Taylor Barnum

#4568247 - 05/13/21 03:57 AM Re: Hey, Bitcoin, Elon doesn't like you. [Re: Mr_Blastman]  
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We can always find something stupid and sell it for millions as NFT.

#4568263 - 05/13/21 10:34 AM Re: Hey, Bitcoin, Elon doesn't like you. [Re: Mr_Blastman]  
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Originally Posted by Mr_Blastman
[Linked Image]



In the early 17th century it was tulips.


In the early 2000's it was sub-prime home mortgages.


“Whoever fights monsters should see to it that in the process he does not become a monster. And if you gaze long enough into an abyss, the abyss will gaze back into you.”
#4568521 - 05/15/21 02:56 PM Re: Hey, Bitcoin, Elon doesn't like you. [Re: Mr_Blastman]  
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Originally Posted by Mr_Blastman


Crypto is one of the most wasteful, idiotic ideas mankind has concepted in millennia, and has been a plague on graphics card prices,


While I am not sure of bitcoin is any more wasteful or idiotic than the current implementations of government-backed fiat currency, the artificial demand it is placing on graphics cards is defiantly not good for the long term.

I also believe the people getting into it at this point are wasting their time and money. The bitcoin millionaires are already made; those jokers buying $50,000 mining machines may still make their money back at this point, but they are jumping on a collapsing bubble.

Last edited by Nimits; 05/15/21 02:56 PM.
#4568594 - 05/16/21 01:25 AM Re: Hey, Bitcoin, Elon doesn't like you. [Re: Mr_Blastman]  
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How about the fact that the pipeline hackers would have had a hard time getting an untraceable payment without CraptoCurrency.


Look for me on Twitter, Instagram, Facebook or Tic Toc...or anywhere you may frequent, besides SimHq, on the Global Scam Net. Aka, the internet.
I am not there, never have been or ever will be, but the fruitless search may be more gratifying then the "content" you might otherwise be exposed to.

"There's a sucker born every minute."
Phineas Taylor Barnum

#4568600 - 05/16/21 03:00 AM Re: Hey, Bitcoin, Elon doesn't like you. [Re: Mr_Blastman]  
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