Are we excited yet?

Russia has been financing it's war on Ukraine by selling off some of the gold reserves it accumulated over several years prior to invading. Putin clearly had this planned years prior.

..but bitcoin.

True, but it's been slippery to regulate and just seems to have too many heads for regulators to be able to do anything drastic (so far)

People are never going to tire of going to casino's to gamble, and apparently people don't seem to be tiring of doing the same with crypto tokens/coins.

The mantra in crypto is always "don't put in more than you can afford to lose", it encapsulates the ethos of the thing - placing the burden of risk on ourselves rather than entities. Lost everything to a hack or exchange collapse? Tough luck, your fault for not taking care of your coins properly. Obviously can't run a national financial system on that ethos, but, as mentioned crypto is a casino cosplaying as a financial system.

As for losses, the more experienced crypto people I suspect haven't lost much, likewise I'd say most of these boards people are green (some very well green). Unfortunately that usually falls to the waves of the public who FOMO in during the peak of a frenzied hype or get caught in crashes/scams/collapses - and are then reliant on a newer wave paying more than they did in order to sell their bags.

None of your business how much crypto I own. 😆

I didn't say Musk was an environmentalist (he's not). I agree that EV's are probably more detrimental to the environment from cradle to grave than a modern ICE (internal combustion engine) vehicle but that's another matter. I'm not sure what your point is in regards to "ethical hackers". Warren Buffet is 107 years old and he's very much in the old school of investing. He also missed out on all the technology stocks such as Apple, Tesla etc. Investing in stuff such as Coca Cola, Kelloggs etc is more his niche....

Agreed. It smells like jealousy anyway.

You pay an insurance levy on every car, home, & health insurance policy you take out.

You are paying the banking levy on every transaction you make.

Your pay check is smaller because the government added the USC to cover the bank bail out.

Your wages are worth less because governments keep printing money to reduce its value and transfer your wealth to the elite.

We all pay for this thanks to the super effective well regulated monitory system you are a big fan of.

Bitcoin hasn't cost you a cent. And everyone with bitcoin is in profit.

Yes, everyone holding BTC is in "profit", but with someone else's money. All that money comes from somewhere, your friend, your grandmother, your brother. And yes "institutional money" is someone else's money before that's thrown in.

It's a mechanism that shifts our wealth between each other, whilst producing nothing (it actually consumes). Other speculative markets do the same, but they usually produce something.

Wormhole airdrop coming, you can check if you qualify on phantom using the link there.

*Virtual profits in your case. What's the best crypto investment simulator these days? Still holding that dogecoin from 2013?

I hold bitcoin and am not any of those things which all run on fiat currencies, throughout history and the present. Gold is the currency of despots, in particular Putin.

All those types of people use phones far more than bitcoin, to facilitate their activities. ISIS was to some extent funded by Qatari's transporting cash in suitcases by private jets. Lets do something about phones, suitcases and private jets.

There are some real idiots who hold the view that cash should be done away with altogether because they think it facillitates wrong doing by some people, which is akin to the nonsense you are spouting.

Things are not intrinsically evil, only people.

I am not surprised you don't know anyone who holds bitcoin and don't have $62K to invest.

You are seriously way off the topic of this thread and intent on disruption. We have seen your like every time BTC surges to the point it's newsworthy, which is why an alternative thread was formed so people with your mindset could go do whatever you like, so how about you take your anti-excited ranting there: https://www.boards.ie/discussion/2057835985/is-anyone-else-starting-to-become-a-bit-worried-mod-note-in-first-post

“Everyone”

How much have you put into it yourself? (Not how much is your stake worth)

Was it less than $62k?

Well not really. Would have a bit less than 3m. Not small money but not unheard of.

Regardless, I never asked what they had now, just what they put in

Ye need to be getting to the point much quicker than that Donald, we are now at a point where it’s almost impossible not to make money on any random coin, terribly busy folks so we are.

Well I was wondering because they felt the need to sneer at an anonymous poster that they were "not surprised you don't know anyone who holds bitcoin and don't have $62K to invest.". So I thought it was a fair question to ask them whether they had had that amount to invest themselves.

Nobody knows anyone else's circumstance. They could be a teenager or a pensioner. People can do what they want, but I wouldn't see it as the mark of a decent person to be sneering and gloating (especially if the bulk of their own position is due to a one-off concentrated "win") at someone else for not having some arbitrary fixed sum of money

"Considerably richer than you" vibes