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Crypto currencies dismal record of hype followed by wealth destruction

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  1. #51

    Nayib Bukele - president of El Hodlador

    traineeinvestor likes this.

  2. #52

    If the root of all evil is money. If the reason for that is because it distorts communication from quality to quantity, then being able to attach qualitative information to money is a very useful thing. But it seems that the idea has gone a bit wayward:


  3. #53

    Join Date
    Sep 2015
    Posts
    313

    Just do like Nayib Bukele! Buy the dip and everyone becomes
    a millionaire! Forget about rating downgrades and borrowing costs - screw that when you change everything to bitcoin in your country and it will go from 60000 to 1000000


  4. #54

    Join Date
    Sep 2015
    Posts
    313

  5. #55

    Join Date
    Sep 2015
    Posts
    313

    As nayib says - we DGAF! Ignore anything that makes sense or ignore all about economics and finance - just buy the f***** dip! (I feel sorry for future generations in his country)


  6. #56

    Join Date
    May 2006
    Location
    Pampanga, Philippines
    Posts
    27,143
    Quote Originally Posted by UniqueUserName:
    If the root of all evil is money. If the reason for that is because it distorts communication from quality to quantity, then being able to attach qualitative information to money is a very useful thing. But it seems that the idea has gone a bit wayward:

    The root of all evil is the love of money not money itself.
    vmlinuz and Jaz Paul like this.

  7. #57

    Join Date
    Dec 2016
    Posts
    228

    Sorry been away from geoexpat for a while. So last time I did this was with Citibank Cash Back credit card on Crypto.com when they were running promotions. Since then, I am aware a few banks have started restricting the use of their cards to buy crypto (Citi, HSBC, SCB). ZA Bank still allows them.

    pin likes this.

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