Discussion in 'General Trading Discussion' started by Rider, Dec 29, 2017.
Glad you made it!
Turbolag is around here and there as well.
Very cool! JR, I enjoy reading your investing posts over at the other board. Glad to see you as staff here my friend.
There are now hundreds of cryptocurrencies - how many will be left after the final shakup?
Opinions of Warren Buffet and IMF Chief, Christine Lagarde about Bitcoin.
While I am also sceptical about crypto currencies it is worth remembering that Warren Buffett called the technology boom wrong and just recently admitted his mistake. He is not infallible but ask yourself, why are the establishment now attacking crypto currencies with such vigour?
South Korea also decided to take action against Cryptocurrencies.
Now answer for the question, why are the establishment now attacking crypto currencies with such vigour ?
Because, Cold war period is over now. Economic stability is important. I am neither supporter of Cryptocurrency, nor against Cryptocurrencies. What I want is, Solution for the problem or damage which Cryptocurrencies will do in future because of Govt. or Central bank's impotence. Some hackers made money by Cyberwars in the name of 'Nationalism' and They accept payment in Bitcoin as well. Internet must be risk free and It should work in favor of All Global citizens. Unnecessary 'Nationalism' will cause damage to Internet and Connectivity of Global citizens as well.
So I will condemn or Criticize Cryptocurrencies until Govt. or Central Banks find proper solution of unnecessary 'Nationalism'.
Does yesterday collapse of the VISA payments system in the UK hand a big opportunity to the world of cryptocurrencies?
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