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allegorical oracle

(6,399 posts)
17. What about meme coins? Guess the confusion arises because nothing back those up. They're
Fri May 23, 2025, 01:09 PM
May 2025

intrinsically worthless as a physical thing -- about the same as a baseball card, I've heard. It's not backed up like our currency with some notion of gold or some other precious metal. It's simply digital. And that's Zen.

Yet the fetid fathead is reaping millions on nothing but a piece of nondescript metal with a poorly-executed bas relief of Dear Leader's head.

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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
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