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(Topic ID: 287467)

Cryptocurrency, Bitcoin, and Decentralized Finance (DeFi)

By Isochronic_Frost

3 years ago


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  • Latest reply 7 hours ago by Pdxmonkey
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Topic index (key posts)

3 key posts have been marked in this topic

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Post #438 Bitcoin gain loss chart by month from 2011 to Feb 2021 Posted by Pdxmonkey (3 years ago)

Post #946 Key posted, but no summary given Posted by Spyderturbo007 (3 years ago)

Post #3247 Key posted, but no summary given Posted by Spyderturbo007 (2 years ago)

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#1374 2 years ago
 
RKR

Chicoman

Pinside member

12y 51,900 558 15 20

I have a question on Crypto Currency. I see they are all the RAGE right now....It's slightly confusing to me but my question to all the knowledgeable people on here when it comes to Crypto is that what happens to all these currencies when Countries start to develop their own Crypto Currency? Basically the Crypto's now I feel are the market research for the Countries all over the world who are sitting back watching these Cryptos as they work to perfect and exploit the Crypto Currency Market to create their own Crypto that will truly be where Crypto Currencies end up in 10 years. There will be a US Crypto, China Crypto, etc just like we have global fiat currencies. Then what happens to all these others like Bitcoin? I really wouldn't see any need or want for any of the current cryptos rendering them basically worthless.

Thoughts?

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#1377 2 years ago
 
RKR

Chicoman

Pinside member

12y 51,900 558 15 20

So if you had to pick one.....

Bitcoin vs Ethereum - Which one is the better investment & why?

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#1380 2 years ago
 
RKR

Chicoman

Pinside member

12y 51,900 558 15 20

Quoted from Astropin:

Bitcoin! One word... scarcity.
Oh, but there's more. We hear all the great potential for ETH...smart contracts...ect...but so far there is no realworld use cases bayond some NFT's. Not saying it has no future...I think it does (and I own some), but BTC is digital gold...but better. It will not only capture gold's market cap...but that point will only be a blip along it's path of capturing more and more asset classes.

Bitcoin is not backed by anything? How can you compare it to Gold? It's a digital currency.

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