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Think about it. Can you buy a loaf of bread with it? NO!
And think of who is obsessed with it: Guys who play video games 24/7, are 24/7 porn guys, are 24/7 animae guys... basically delusional types who think that they are somehow printing up free money.
The whole NFT thing? Proof that it's a scam aimed at those very folks were they were nothing but low resolution cartoons- again, aimed at that bonkers group.
There really only are 2 uses for it:
Paying online ransoms. This means one had bad privacy/security practices and can pay them out with fake money. Oh boy.
Or they are good for buying drugs online. Perhaps there is a certain class of substances that one is having a very difficult time getting from doctors ~2024 or wanted the raw powders to start home brewing... perhaps that might be an(very difficult to trace and prove) angle....
Perhaps.
Of course one should respect and obey the laws and jurisdiction in which one lives and only rely on appropriate licensed professionals. Anything else clearly would be wrong.
That is false
That is also false
Stop trolling
oh you mean that crypto? yeah just a bunch of soyboys currency.
Stop trolling
Yes, but so is the US dollar so whats your point
format c:\
100% Pyramid Scheme
I still remember, was sitting infront of the PC. Bitcoins were available and sold "in packs". 5 Bitcoins for less than 100 EUR in total . . . bad for me, I was a teenager and had no money . . . I wanted to buy such Bitcoin packages, but my bank account was empty . . . !!
is there such thing as a 90% pyramid scheme?
Well, it wasnt a Pyramid Scheme when Bitcoins were still highly available and nothing worth . . .
Today, even a brand new released Crypto is automatically a Pyramid Scheme !!
If they are worth something or nothing . . .
Nothing wrong with pyramid schemes
And MANY, nearly ALL Pyramid Schemes are scam anyways !!
MOST of them are even unlogical ...
Once my brother was invited into such a "project", he took me with him . . .
If you "invest" here and there, that more "followers" you reach, that more money you gain ...
Well, I had calculated ::
if I had taken a bank credit of 15k EUR and would had "invested" these into this project "AT ONCE", I would had automatically ranked up to the very top of this Pyramid Scheme as a "creator". By that, by these easy-peasy 15k EUR, I would had automatically made 2.5 million EUR each month, plainly by doing NOTHING . . .
Find the Error . . . see the Scam !!
I lend 15k EUR, put these into this "project" and become automatically rich each month?
It is exactly the same with Cryptos . . . and whenever this bubble pops, say good bye !!
Well, besides you made 2.5M EUR each month before by doing nothing . . . as you had invested only 15k EUR into it . . .
Also most crypto currencies are speculative bubbles that aren't backed by anything so they're worthless in the long term.
Oooook. Well have a nice day.
You're welcome
https://www.youtube.com/watch?v=xx6B7GApnIk