Is investing in Crypto a sin?

[Anonymous]

Anonymous wrote:Jesus would trade it all in for DOG MONEY

You wrote this in another thread. I think you mean Dogecoin. And it’s not that funny.

[Anonymous]

Jesus would say you probably shouldn’t, but if you have to, use Coinbase to trade.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Well the entire market for crypto is based on fleecing the MAGA base so it probably will eventually be called a sin.

All the MAGAs I know aren’t smart enough to understand crypto. They buy gold and silver like the sheep they are.

That's why they buy cryptocurrency. If they understood it they wouldn't fall for the scam.

Apparently JP Morgan doesn't either as it is now using crypto to securitize loans. Nor Harvard's endowment which made a big crypto investment lately. No dog in the fight I don't own any but it is becoming accepted institutionally which means it won't just disappear next week either.

I guess you don't remember JP Morgan and the billions of bad mortgage loans it created about 15 + years ago which were bogus. Bogus like crypto. Is the US government going to bail them out of crypto?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Crypto is just a tool. Not sure why people get so emotional about it. There’s nothing inherently stupid or evil going on.

People are going to feel pretty stupid when their crypto vanishes and are told caveat emptor when they ask for a bailout.

Ai is going to bust the block chain, then crypto will vanish into the ether.

[Anonymous]

Morally and ethically yes. The water it consumes is catastrophic.

[Anonymous]

Jesus loves crypto. This is the American way. I absolve you of the crime of posting a stupid post and may God have mercy on your soul.

[Anonymous]

OK. Dear Eight Pound, Six Ounce, Newborn Infant Jesus, don't even know a word yet, just a little infant, so cuddly, but still omnipotent. We just thank you for all the crypto I've won and the $21.2 million dollars... LOVE THAT MONEY that I have accrued over this past season. Also due to a binding endorsement contract that stipulates I mention PowerAde at each grace, I just wanna say that PowerAde is delicious and it cools you off on a hot summer day and we look forward to PowerAde's release of mystic mountain blueberry. Thank you, for all your power and your grace, Dear Baby God, Amen.'

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Crypto is just a tool. Not sure why people get so emotional about it. There’s nothing inherently stupid or evil going on.

People are going to feel pretty stupid when their crypto vanishes and are told caveat emptor when they ask for a bailout.

Ai is going to bust the block chain, then crypto will vanish into the ether.

LOL, "AI" is a glorified chatbot. A slightly more advanced version of the bar above your phone keyboard offering next word suggestions. It doesn't "know" anything and it certainly can't figure out how to "bust the blockchain" because it can only spit out info that was already in whatever data source it was trained on.

Not to mention "busting the blockchain" isn't even a thing. The whole point of the blockchain is that the record exists transparently, verifiably, and independently for every single transaction. You'd have to be able to access and edit billions of records on millions of different computers instantly and undetectably which is impossible.

[Anonymous]

Crypto isn’t a sin. But it’s an investment that will eventually implode as it has nothing underlying its value except another sucker willing to buy it from you. It’s the modern day tulips. Guaranteed.