Question of the Day

What do you think of digital currency?

11/13/2022

193

947

Comment

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Raven

Raven

2y

INTJ

Capricorn

4
5

Ohh, next question please πŸ’€πŸ˜‚

102

39

Reply

David

David

2y

ENFP

Gemini

8
7

What's it backed by, happy thoughts? At least our waning dollar is backed by gold. I'm pretty sure Crypto is a pyramid scheme. (edited)

13

40

Reply

Danny

Danny

2y

INFJ

Aquarius

Its a test for the world governments, when they are ready to release a one world currency..... don't believe, check out the World Economic Forum

11

8

Reply

Rogelio

Rogelio

2y

INTP

Pisces

9
1

US Government and federal reserve won't let it happen

7

9

Reply

Mario

Mario

2y

ENFJ

Libra

2
3

Hahaha, you like controversy, don't you? πŸ˜‚

8

1

Reply

Gus

Gus

2y

ISTJ

Capricorn

If electricity for whatever reason shut down, it would cease to exist and be interesting to see the outcome 🧐

2

7

Reply

Jordan

Jordan

2y

ENTJ

Taurus

6
5

Whether it is governmeny run or free market. It is coming to everyone eventually...everywhere.

4

2

Reply

Walter

Walter

2y

INTJ

Gemini

It Will Create A Nightmare That Orwell Couldn't Dream Of.

5

1

Reply

uno qualsiasi

uno qualsiasi

2y

INTJ

Capricorn

8
9

there is a big difference between digital currency and crypto currencies, crypto would be good but it cant be using so much gpus/computational power all the time

3

2

Reply

Rick

Rick

2y

INFJ

Cancer

Too easily hackable, trackable, and denialable...look at China.

4

1

Reply

Matt

Matt

2y

ENFP

Leo

7
8

It's no less of a farce than our paper money. Which has no value other than in our minds. There is no tangible relation to currency anymore. A penny costs 2.1 cents to make. A nickel 8.52. The US government spent 381.2 million dollars segniorage last year. I will go further to clarify. There are 181.5 pennies in a pound of pennies. Let's say all pennies are from before 1982 and 90%ish copper. A pound of copper is currently $3.92. So the pennies aren't even worth half of the price that the copper they are made from to start with....... waste of time and effort and honestly crypto is the same just without that. Is all made up. Lol and we continue grazing as sheeple.

4

1

Reply

Brendon

Brendon

2y

ISTJ

Sagittarius

2
1

Every time someone tries to tell me about crypto (edited)

Every time someone tries to tell me about crypto

3

2

Reply

Robert

Robert

2y

ENFJ

Pisces

9
1

Nothing beats cold hard cash!!!

4

1

Reply

Joshua

Joshua

2y

INFJ

Gemini

It's a great idea but needs to be field tested and mature more to be a serious financial currency. Right now it's mostly pump and dump schemes with everyone trying to get super rich without any effort. That speaks volumes to other issues at hand... But no currency so far has been free of tampering or manipulation. Cyrpto if proven to be stable and algorithmic could be viable as a countrywide or global currency as it could be made to be impossible to manipulate after issued. Bottom line, it's not long term viable yet, but most likely will be in the future. Right now its an overvaluation speculative gambling casino, same as the stock market, hence the crash

2

2

Reply

Bryan

Bryan

2y

INTJ

Taurus

2
3

I think it was a good idea. Could have been handled a bit better though. Also I'm kinda pissed I didn't save any bitcoin from 2012

2

2

Reply

Donnie

Donnie

2y

INTP

Virgo

4
5

Nice try fed boi🀣

3

1

Reply

Liam

Liam

2y

ENTP

Cancer

So much promise, so much failure.

3

1

Reply

Eric

Eric

2y

ISTJ

Pisces

9
1

Like Bitcoin? 2014 me thought it was cool. It's just dumb to me now

2

2

Reply

Yos

Yos

2y

ENTJ

Libra

2
3

future is now

3

1

Reply

Ally

Ally

2y

ENFP

Aries

4
5

To move forward, you have to move back. This seems like a great move forward but in reality, its greed at its finest. What can go wrong with untraceable currency??! πŸ˜‚πŸ˜‚πŸ˜‚ Just speaking to a friend about this not to long ago. Greed is the root to most of these "advancements".

3

1

Reply

Michael

Michael

2y

INTJ

Aquarius

6
7

Isn't it strange that this is the first question of the day that doesn't have an account tied to it.

2

1

Reply

Dave

Dave

2y

ENFP

Pisces

5
4

I think it's a smart move because unlike most nations currencies, digital currency is secured by the very stakeholders and users of it through their participation with their devices. The more people that take part in a digital currency economy, the more secure the network and your investment. (When programmed and deployed correctly)

2

2

Reply

Dominique

Dominique

2y

INFP

Taurus

I think it's bad

2

1

Reply

Mahesh Samantha

Mahesh Samantha

2y

ENTP

Pisces

3
2

Digital currency is the future

1

2

Reply

Adriana Reis

Adriana Reis

2y

INTP

Aquarius

2
1

a big risk...

2

1

Reply

Victor

Victor

2y

INTP

Leo

Dumbest sht I've ever seen

2

1

Reply

Jason

Jason

2y

INFJ

Capricorn

6
7

I feel like going completely digital currency with make it easier for the governments to control people

2

1

Reply

Drew

Drew

2y

ESTJ

Capricorn

Well, the powers that be seem to like it as CBDCs (central banking digital credits). Those are programmable however, and can be turned on or off and cant be saved. Crypto on the otherhand is more akin to money but heavly reliant on power grid and network. Thus an inferior form of money. Cash is king...always.

2

1

Reply

Wes

Wes

2y

ISTP

Cancer

Not much, I don't really care about investing into it. I think gift cards hold more value.

2

1

Reply

Kevin

Kevin

2y

INTJ

Aries

Too digital

1

1

Reply

Helaman

Helaman

2y

INFJ

Sagittarius

1
2

Volatile

1

1

Reply

Sherry

Sherry

2y

INFP

Libra

I don't

1

1

Reply

Justin

Justin

2y

ENTP

Virgo

3
2

🍿

2

0

Reply

Rohan

Rohan

2y

ESTJ

8
7

Risky

1

1

Reply

Devin

Devin

2y

INFJ

Pisces

Seems sketchy

1

1

Reply

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