RE:RE:RE:Boiler Roommasfortuna wrote: Greenday wrote: Boiler room?? The crypto play should be winding down in the wake of the FTX scandal. Had a bad feeling about crypto from the start. If the crypto "investors" down't lose everything, some of that money could move into the commodities space. Something that is actually real and not just a modified Ponzi scheme.
Yes that is possible as well, except that Bitcoin and a few others I don't think are actually ponzi schemes. This ftx stuff is going to force the governments t place more regulations which is actually a good thing for the more stable/traditional crypto that
has slowly become almost fiat currency.
Bitcoin as fiat currency ...... you're kidding , right ???? Crypto is pure speculation , it holds no value and is nothing more than electronic 1's and 0's . There is no market where it is accepted as currency with the exception of Equador . Doesn't much sound like a fiat currency to me .