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get the red out

(13,898 posts)

5. I think of these "coins" as similar to Monopoly money

Reply to AZJonnie (Reply #4)

Tue Dec 2, 2025, 04:51 PM

14 hrs ago

It's great if you have enough to buy Boardwalk and Parkplace on the game board, but it isn't currency that is based on value in the real world.

I am 61 so maybe I am mistaken about what constitutes "real" currency, like being backed by nations.

I might consider investing in "Monopoly $ Coin" though, I loved that game as a kid.

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RazorbackExpat

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Bitcoin Rout Picks Up Steam as Investors Fret Over a New 'Crypto Winter' [View all] Yo_Mama_Been_Loggin 14 hrs ago OP

Price right now is $91.5k up 6% awesomerwb1 14 hrs ago #1

Yes, as with any of these financial stories one day makes a big difference fujiyamasan 14 hrs ago #2

Yes, true awesomerwb1 14 hrs ago #3

Owning crypto is simply buying correlated volatility WSHazel 13 hrs ago #7

You might as well add gold, silver, etc. too. They don't generate anything either other than what people think it's SWBTATTReg 13 hrs ago #8

Gold and silver have always had inherent value RazorbackExpat 7 hrs ago #13

If I had my way its value would plummet to $0, and everyone who created it would be brought up on counterfeiting charges AZJonnie 14 hrs ago #4

I think of these "coins" as similar to Monopoly money get the red out 14 hrs ago #5

It's worse than that because every "coin" exists purely because energy was profligately WASTED AZJonnie 13 hrs ago #6

Anything mined before 2018 used very little energy... WarGamer 12 hrs ago #10

Fair enough but more recently it's usage is about the level of Poland, Norway, or Australia AZJonnie 10 hrs ago #12

I remember when it went from 60k to 20k... WarGamer 12 hrs ago #9

This is the currency our tech bro billionaires want to replace the American dollar. Midnight Writer 11 hrs ago #11