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Liberal In Texas

(14,626 posts)

31. A crypto collapse has the potential to make the subprime mortgage crisis

Reply to Zorro (Original post)

Mon Dec 23, 2024, 05:45 PM

Monday

of 2008 look like a walk in the park.

Sure, lots of people have bought into it, but when it collapses there will be no FDIC to bail them out.

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Highlight:

Bitcoin's long-term growth 'far exceeds' the US dollar: Sen. Lummis [View all] Zorro Thursday OP

The bdamomma Thursday #1

BitCon is backed by zero assets but even tulip bulbs were the rage once. nt yaesu Thursday #2

And for some reason we must believe a Republican?................ Lovie777 Thursday #3

What? Blue Full Moon Thursday #4

'Cause it's IMAGINARY! elleng Thursday #5

Wyoming should be merged with Montana or Idaho Yo_Mama_Been_Loggin Thursday #6

If you're going to do that... jmowreader Monday #18

And even at 3.7 million residents DFW Monday #23

Simpson? TimeToGo Monday #33

He was a hell of a lot better than the mob in there now jmowreader Monday #39

I mean sure TimeToGo Monday #40

Looks like 2025 will be an exciting year for those of us still using dollars to pay for rent, food, and medicine 0rganism Thursday #7

I say: back US currency with tulip bulbs! struggle4progress Thursday #8

The stupidity of this timeline is exhausting neverforget Thursday #9

It truly is 😔 Blue_Tires Thursday #14

IF you take the most wildly optimistic valuation for BTC (I have seen a $3m per BTC target by 2030) and assume that the Celerity Thursday #10

Fuck off, Bitcoin Whore hatrack Thursday #11

I get it, we don't like either of the women mentioned - But that justifies this misogynistic slur, how, exactly? Lancero Thursday #13

Long-term? Like from what date is she counting? Because dollars have been around the US since the 1770s... Hekate Thursday #12

With the approval of Crypto ETFs by the SEC because of pressure by walkingman Monday #15

Fantasy Currency, Backed by Cocaine Dreams. MineralMan Monday #16

The final pump before a great dump? hunter Monday #17

"always volatile in an upward direction" WTF does that even mean? Wounded Bear Monday #19

In my opinion, that is why they wanted to shut down the government... kentuck Monday #20

"Only 21 million bitcoin will ever be mined" Retrograde Monday #21

I believe the 21 million is "hard-built" into the system Disaffected Monday #24

Yes, the maximum total supply of Bitcoin is 21 million. awesomerwb1 Monday #29

Bitcoin will soon have a 1929 style crash. n/t Jacson6 Monday #22

Well, I hope Senator Lummis puts all his money in Bitcoin then. I also hope he drinks raw milk. Vinca Monday #25

Fed has the ability to create US Dollars infinitely bucolic_frolic Monday #26

Poof and its gone, its aim to get something from nothing Historic NY Monday #27

Crypto isn't going anywhere awesomerwb1 Monday #28

I thought there would be a melt down in Bitcoin like the 2008 doc03 Monday #30

A crypto collapse has the potential to make the subprime mortgage crisis Liberal In Texas Monday #31

I'm thinking she has a closet full of bit coin. (just trying to get some more IDIOTS on board) bluestarone Monday #32

👀💰 underpants Monday #34

ZERO basis in anything of real value, just speculation. $$$ are backed by we taxpayers. BTC ZIPPO dutch777 Monday #35

Ummm. Does anyone remember inflation? And Bitcoin can be complicated on a day to day basis. haele Monday #36

Republicans are going to fleece a lot of people via E currency Bristlecone Monday #37

One crypto currency out of many. keithbvadu2 Monday #38