Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

susanr516

(1,471 posts)

4. It's an easy way to launder money? n/t

Reply to Peacetrain (Original post)

Fri May 23, 2025, 11:34 AM

Friday

Edit history

Please sign in to view edit histories.

Recommendations

1 members have recommended this reply (displayed in chronological order):

18 replies

= new reply since forum marked as read

Highlight:

How stupid do you have to be to buy into thin air for currency.. nothing backs it up [View all] Peacetrain Friday OP

It is a con game pushed by Wall Street and trump. Absolute malfeasance JohnSJ Friday #1

It's amusing to consider all those gold spot ads on RW talk radio. no_hypocrisy Friday #2

hahha.......All Losers! vapor2 Friday #3

It's an easy way to launder money? n/t susanr516 Friday #4

I've asked that same question many times. sop Friday #5

Bitcoin is the exact opposite of inscrutable- it's literally open source. It's just a protocol. Blues Heron Friday #11

"Inscrutable: impossible to understand or interpret." sop Friday #12

It means its possible to understand it, that its not somehow hidden or obfuscated. Its not secret Blues Heron Friday #13

It's not "hidden," "obfuscated" or "secret," it's just inscrutable. sop Friday #14

It's nothing for me, but then again I have a degree in comp sci! Blues Heron Friday #15

We're talking about understanding financial investments in cryptocurrency, not blockchain technology. sop Friday #16

I just read an article on this yesterday: 41% of those invited had LOST money on his bullshit crypto coin. kysrsoze Friday #6

Any currency is only as good as the government backing it. Uncle Joe Friday #7

Letters from an American dweller Friday #8

Just as stupid as online gambling bif Friday #9

Bitcoin is open source - you can see for yourself if you trust it or not. Many do and there you have it. Blues Heron Friday #10

What about meme coins? Guess the confusion arises because nothing back those up. They're allegorical oracle Friday #17

Some Bitcoin is supposedly pegged to the dollar... haele Friday #18

Latest Discussions»General Discussion»How stupid do you have to...»Reply #4