General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsNew York state has filed to accept cryptocurrency as a form of payment
Can you imagine somebody suggesting this might happen back when a bitcoin was worth one penny each ?

Botany
(73,846 posts)
. somewhere in cyberspace.
Gaugamela
(2,800 posts)why not junk stock, NFTs, old cars, a letter of credit from a Nigerian prince?
Crypto holders are looking for buyers. Technically, it looks like its worth a lot, but if buyers jumped in en mass the value would tank. Thats why they got the stupidest sick fuck to agree to make the treasury buy it. Then he can sell his own worthless crypto to the treasury. The grift is endless.
Crypto as a combining form before a vowel:
Crypto -
1: hidden; covered
2 : hidden by dissembling; unavowed
Norrrm
(1,208 posts)The big money return in crypto is:::
1. Starting it, hyping it, selling it, and getting out, leaving the
suckers holding the bag.
2. Handling/storing it for others.
...a. Not your own money/crypto. Someone else's money/crypto.
...b. Lots of fraud/money manipulation/theft/lack of regulation.
3. Backed by trust/faith/great promises/optimism... but no
real assets.
4. It can literally disappear and good luck with lawsuits.
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A few have profited by 'investing' but not the majority.
bluestarone
(19,577 posts)Looked just like a ATM machine had bitcoin all over it. Just saying i was really surprised to see a bitcoin machine.
TommyT139
(1,230 posts)...and shop with it in NYS? Umm, ok.....