Cro cryptocurrency thread

[ReturnofBroccoli]

You do understand I work on commission.

Consider this thread on the house, else ill await your airdrop :p

[andy06shake]

The Trump coin is going to continue to dive over the next few years while Trump is still president. As for what kind of legacy it leaves in the long term? What would a George Washington coin be worth these days?

I paid $17 AUD for my Trump coin. Hard to argue with that number.

Im going to need to learn about this one day.

Even if it's only purchasing some Bitcoin to pay for things anonymously.

[Kwaka]

Im going to need to learn about this one day.

From getting caught up in the Mt Gox mess years ago, I use Kraken.com these days.

[cherokeetroy]

Im going to need to learn about this one day.

Even if it's only purchasing some Bitcoin to pay for things anonymously.

The Genius Act ends the dollar

We're moving to stablecoins & crypto soon

Get some bitcoin now and you won't regret it

[ReturnofBroccoli]

From getting caught up in the Mt Gox mess years ago, I use Kraken.com these days.

Kraken is a very secure popular platform

[SomeStupidName]

The Genius Act ends the dollar

We're moving to stablecoins & crypto soon

Get some bitcoin now and you won't regret it

Is it too soon for you to apologize for being wrong about this?

[cherokeetroy]

Is it too soon for you to apologize for being wrong about this?

Yes

Definitely too soon

[ReturnofBroccoli]

Yes

Definitely too soon

I do agree with you  that we are moving to stablecoins and crypto but i disagree on it ending the dollar because the GENIUS Act strengthens the U.S. dollar by requiring stablecoins to be backed by U.S. currency and Treasuries (Section 4), and secures global crypto leadership by mandating that foreign issuers comply with strict U.S. standards (Section 18). These provisions create "internet-native dollar rails" that drive global demand for U.S. debt and establish U.S. regulations as the international benchmark.

It's absolutely too soon to tell for sure though bro 100%

[cherokeetroy]

I do agree with you  that we are moving to stablecoins and crypto but i disagree on it ending the dollar because the GENIUS Act strengthens the U.S. dollar by requiring stablecoins to be backed by U.S. currency and Treasuries (Section 4), and secures global crypto leadership by mandating that foreign issuers comply with strict U.S. standards (Section 18). These provisions create "internet-native dollar rails" that drive global demand for U.S. debt and establish U.S. regulations as the international benchmark.

It's absolutely too soon to tell for sure though bro 100%

Since most stablecoin is tethered to the value of the US dollar, the dollar isn't ending...it's merely evolving to a digital/blockchain format

If anything, it will be the end of fiat
cash registers, etc will probably become obsolete 
Like payphones, dialup and xerox machines became obsolete

[ReturnofBroccoli]

Since most stablecoin is tethered to the value of the US dollar, the dollar isn't ending...it's merely evolving to a digital/blockchain format

If anything, it will be the end of fiat
cash registers, etc will probably become obsolete 
Like payphones, dialup and xerox machines became obsolete

I assumed because of the statements in section 4 that ALL stablecoins are to be backed by U.S. currency and Treasuries meant fiat U.S. dollar since it says ALL stablecoins. Are you suggesting instead that all stablecoins will be backed by U.S. stablecoin including U.S. stablecoin or? The wording seems to only make sense to me using fiat currency but im not infalliable who can say but I support it all the way whatever is chosen digital currency is definitely 100% the future no matter what for however long but currently my concern is that eventually AI tokenization and trading with Web4 will make crypto obsolete eventually except the the ones with extreme utility