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sop

(17,404 posts)

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

Reply to Blues Heron (Reply #13)

Fri May 23, 2025, 11:48 AM

May 2025

I have personally listened to "financial experts" try to explain cryptocurrency to intelligent audiences. It was obvious (to me and others present) they really had no idea what they were talking about. When probed further, and asked to clarify many details and concepts, their explanations became unintelligible, probably because they didn't know what they were talking about. But, then, that's just me.

“If you can't explain it to a six year old, you don't understand it yourself.” - Albert Einstein

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How stupid do you have to be to buy into thin air for currency.. nothing backs it up [View all] Peacetrain May 2025 OP

It is a con game pushed by Wall Street and trump. Absolute malfeasance JohnSJ May 2025 #1

It's amusing to consider all those gold spot ads on RW talk radio. no_hypocrisy May 2025 #2

hahha.......All Losers! vapor2 May 2025 #3

It's an easy way to launder money? n/t susanr516 May 2025 #4

I've asked that same question many times. sop May 2025 #5

Bitcoin is the exact opposite of inscrutable- it's literally open source. It's just a protocol. Blues Heron May 2025 #11

"Inscrutable: impossible to understand or interpret." sop May 2025 #12

It means its possible to understand it, that its not somehow hidden or obfuscated. Its not secret Blues Heron May 2025 #13

It's not "hidden," "obfuscated" or "secret," it's just inscrutable. sop May 2025 #14

It's nothing for me, but then again I have a degree in comp sci! Blues Heron May 2025 #15

We're talking about understanding financial investments in cryptocurrency, not blockchain technology. sop May 2025 #16

I just read an article on this yesterday: 41% of those invited had LOST money on his bullshit crypto coin. kysrsoze May 2025 #6

Any currency is only as good as the government backing it. Uncle Joe May 2025 #7

Letters from an American dweller May 2025 #8

Just as stupid as online gambling bif May 2025 #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 May 2025 #10

What about meme coins? Guess the confusion arises because nothing back those up. They're allegorical oracle May 2025 #17

Some Bitcoin is supposedly pegged to the dollar... haele May 2025 #18