Hillary Clinton has warned that cryptocurrencies could destabilize the U.S. dollar.

So pleased with herself there....

^ she's should be. she's correct.

Crypto is nothing but monetary musical chairs. And when the music stops playing, whoever doesn't have a seat is royally fucked.

She has a point. This is unsettling. I own Bitcoin but I never realized that something like this could happen. The Middle East, Africa, these shit holes are extraordinarily anti-gay garnering this kind of wealth and power—is bad. Very bad.

She’s been right about everything.

Nobody cares what this rapists wife/murderer says.

And I don’t know what this is, but Nigeria is another brutally violent anti-gay country. I had to look up Jack Dorsey to see what kind of person he was. He does tweet pro-Chick Fil-a tweets during Pride month.

Jack Dorsey is a Tulsi Gabbard supporter, so that’s questionable.

and now they sell them through memes?

lollerclogs

I may bail on crypto simply because of these shit holes also investing in crypto. I don’t like that. I don’t like it AT ALL.

She’s just pissed she doesn’t have a cut of it yet.

R8, What is wrong with Tulsi Gabbard? Tulsi is the k my one who isn’t afraid to call out the Joe Bidens and John McCain’s of the world who love war.

Cryptocurrencies don’t have our military, our patriotic resolve, our big American dicks. They don’t stand a chance against the almighty dollar. We’ll hold these other currencies down and rape them into submission.

Gays don’t want a powerful and wealthy Pakistan or Africa, I’ll tell you that much.

then somebody adopt that god damn orphan.

Crypto-currencies are dangerous because they are extremely volatile and, most importantly, they are programmable. When (not IF, but WHEN) the government and corporations manage to control them, we will enter a full dystopian future in which people's entire economic capacity will be obliterated with the pressing of a button. Hillary Clinton is only against them FOR THE MOMENT, because her corporate overlords do not control them as of yet - also crypto is competing against the dollar, but it will eventually be aligned to it. Thus, this degenerate war criminal of a cunt will change her tune once crypto is fully under government control and is being used to economically isolate dissidents and enemies, while increasing corporate wealth in the digital markets.

Anyway, with crypto there is the advantage that transactions can be fully tracked as there is a digital trail, which would in principle make it more difficult for criminal organizations to launder money digitally. The problem with crypto is that in the wrong hands, it can devastate many lives and moreover, it works like a pyramid scheme - new investors feed the wealth of veteran investors, and the more recent your investment, the lesser your overall return.

buy me meme!

[quote]The problem with crypto is that in the wrong hands, it can devastate many lives

Yes and that’s why my post at R4 troubles me. I just happened to find that article.

Etherium leaders are courting Saudi Arabia. Why??

Hilary Clinton should have warned us about her husband signing the North American free trade agreement in 1994 and how THAT would destabilize our economy.

Miss Hilly should worry about that wrinkly neck.

What would she say about this?

Hillary is right in a way except for the part about some other countries trying to destabilize the US, since in reality it's usually the other way around. Cryptocurrencies are indeed scams trying to create the illusion of a working currencies with any worth by its convertibility to the US dollar.

Cryptos are also environmentally destructive. Mining them takes vast quantities of energy. Ironic that the same generation squealing about extinction rebellion is so into such environmentally destructive trends.

Hillary in 2024.

lollerclogs?

R25 Over the Hill and Back!

R24 They think their bitcoins will always increase in worth over the long term, and somehow they are more "free" by owning bitcoins with no "centralized control" by the government (at the cost of wasting a lot of energy mining coins and maintaining a distributed block chain ledge). They don't understand there is no free lunch!

Is that old cunt trying to be relevant to run again?

think of tulips, r26.

Does Hill want to create a digital dollar to compete with cryptocurrencies?

As someone who has spent his whole career in banking I see a shit load of problems with cryptocurrency. It makes it easier to hide funds involving money laundering, tax evasion, human trafficking, drug trafficking, and many other nefarious activity. Not to mention the obscene amount of energy it takes for crypto mining. Instead of declaring it illegal governments are looking for ways to regulate and monitor it, which is ridiculous.

R32 Even legitimate financial companies are pushing cryptocurrencies to their clients and therein lies the danger: people putting too much of their money into cryptocurrencies thinking it's a great investment. But it is actually more like speculating in an unregulated market!