Markets are crashing. Do you think we will see a big uptick in merchant defaults?
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  1. #1
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    Quote Originally Posted by SirFundAlot View Post
    You dont see crypto recovering? LOL why not?
    Because it’s value as an investment comes solely from speculation. I mean, its a currency that’s treated as an investment — which is sort of self defeating. Most investments have fundamentals that will drive the value. Crypto doesnt have that.

  2. #2
    Quote Originally Posted by WestCoastFunding View Post
    Because it’s value as an investment comes solely from speculation. I mean, its a currency that’s treated as an investment — which is sort of self defeating. Most investments have fundamentals that will drive the value. Crypto doesnt have that.
    Valid point, however- it is the future whether we like it or not...

  3. #3
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    Quote Originally Posted by SirFundAlot View Post
    Valid point, however- it is the future whether we like it or not...
    You only say its the future because your regurgitating what the "smart kids" are saying but it literally does nothing to prove that it really is the future of currency. Also how the f will prices in the future work? One day you wake up and you can buy a maserati with 1 bitcoin and the next day you can only buy a toyota camry with 1 bitcoin? The value of bitcoin changes so dramatically literally every second of the day.

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