HiFlyer

Crypto-mining and the 20 series cards....

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Doesn't it make you all warm and fuzzy that he apparently already has his cards while we all are still waiting? 😑

 

 

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I suspect this is a part of the reason why the 2080 series cards are debuting at such high prices.

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If someone wants to waste money let them, the government's are already starting to move on this moving money from a regulated banking system to an un-regulated system is not good for the economy, it will get regulated and the tax man will move in, some of the biggest investors are warning people that in the end they will find its a scam. People who have purchased with real money that's gone into the pockets of others and likely been invested in the real world.     

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Crypto-mining....Isn't that the stuff that will kill Superman?

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23 hours ago, rjfry said:

If someone wants to waste money let them, the government's are already starting to move on this moving money from a regulated banking system to an un-regulated system is not good for the economy, it will get regulated and the tax man will move in, some of the biggest investors are warning people that in the end they will find its a scam. People who have purchased with real money that's gone into the pockets of others and likely been invested in the real world.     

I agree, cryptocurrencies are not generally regarded as legal tender.  It is not backed by good credit, full faith of any government, nor physical assets.  At some point, likely when taxation and regulation start, it will collapse.  I liken it to buying precious metals.  There are two ways to invest, either buying physical coins, bars, trinkets, etc., or buying a piece of paper that says you own so much of a metal that has yet to be mined, may never be mined, might not even exist, but is valued the same as physical metals so long as the stock market says the paper is worth something.

 

15 hours ago, shivers9 said:

Crypto-mining....Isn't that the stuff that will kill Superman?

No, you are thinking of Disney.  Disney is the only thing that can kill Superman, just like it did to Han Solo. 😆

Edited by stans

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