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donuts
3y

Fox Business: Coinbase preps Dogecoin listing.

TLDR: more fake money!

There's more and more assets being created in the crypto economy," Armstrong said during the call. "I think it's going to be something kind of like apps in the App Store on the iPhone, where there's eventually millions of these assets created over time, and so we're putting a lot of work and thought into how do we accelerate our pace of asset addition."

https://foxbusiness.com/markets/...

Comments
  • 4
    To be honest every money is fake. Ones are just fake longer than others.

    It’s just a paper note without any value.

    The moment when money becomes real is when you spend it for physical goods.
  • 1
    @vane yes guess nowadays it's true since money isn't back by gold anymore but still govts run countries and can tax ppl are a bit more creditworthy than a bunch crypto devs and the ppl that hype them?
  • 2
    And this is why I buy gold and silver with profits from crypto. That and for political reasons; I can’t see the US dollar retaining its value for long ...
  • 0
    @Root silver is doing horribly though? I've been in slv for like almost yr... It's in red...
  • 1
    @donuts They’re both very stable, and tend to move inversely with fiat currency. Which is exactly what I want.

    If the dollar crashes, gold will retain its value, meaning its price vs usd will increase.
  • 0
    @donuts I’m against taxes and countrywide or worldwide people management by small number of individuals as it only drives corruption, aggression, restrictions of freedom and results with demoralized society that drives to wars and destruction.

    Our community management systems are so much deprecated right now that the same methods we use are used by animals. I hope someday we become something more than animal.
  • 0
    You need to find crypto backed by good tech and a purpose. Coins like bitcoin and doge are destined for failure due to blockchain bloat and environmental impact.
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