Currently using strike too. I’m just starting to look into Bitwage, which I understand automates the process.
David S.
Likes pretty much everything in every caliber.
From Palantir co-founder Joe Lonsdale, most crypto companies will 'crash' after years of industry Ponzi schemes:
Overall, I think you're going to have most things crash. [Various crypto lenders, crypto tokens and other parts of the ecosystem were] a Ponzi scheme, and it made no sense whatsoever...[Over the last several years, crypto projects have been] valued not based on cash flows, not based on creating value in the economy, but based on what people would pay for it...
Long term, there's a good part of crypto, but most of what we saw in crypto the last three, four, five years was a speculative bubble driven by cheap money and driven by a lot of these Ponzi schemes...
Despite the recent turmoil in cryptocurrency markets, crypto-based technologies will continue developing more capabilities... Blockchain technology used in cryptocurrencies allows funds to be transferred online without using traditional government or bank infrastructure, enabling a new and important way to move money globally...Blockchain technology will still be an important part of the future...This ecosystem, long term, I think you will have some of this stuff emerge as useful for the world...But that's not all we're seeing right now
With liberty and justice for all...must be 18, void where prohibited, some restrictions may apply, not available in all states.
Look at the bright side, once crypto works through this implosion, if something emerges it will likely be less expensive and more fraud resistant.
Likes pretty much everything in every caliber.
Likes pretty much everything in every caliber.
https://fortune.com/2022/10/27/jim-c...erse-facebook/
I retain my position of zero holdings but not because of Cramer advice.
Meh. I’ve got a decent amount of Bitcoin and Etherium, and plan to hold it.
“There is no growth in the comfort zone.”--Jocko Willink
"You can never have too many knives." --Joe Ambercrombie
An excellent, high level, discussion on the FTX scandal, etc.
David S.