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Originally Posted by jscott
The rest of them are securities 100%.
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The courts can't decide what they are and cases almost certainly won't be resolved for many years - likely each of them reaching different outcomes based upon the unique factors of the case - but you know "100%"
You seem to have for some reason developed an emotional attachment to your financial instrument and are unable to analyze matters objectively.
https://www.urbandictionary.com/defi...erm=Twatwaffle
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Twatwaffle
Complete idiot that mere idiot, dumbass, or imbecile can not adequately describe.; however, to earn the title of twatwaffle, one must also attempt to assert authority/expertise where none is had
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Quote:
Originally Posted by jscott
People who have experience and who support whats right & fair are more than willing to call out the scams and ponzi's, like Hex, Bitconnect, Elephant.Money, Celsius, Luna, etc etc
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You lack the knowledge and experience required to speak sensibly about this topic. Merely buying bitcoin and reading biased promotional literature does not give one "experience" in this field.
For one thing, if you had the ability to comprehend simple tokenomics and took the time to research the project, you would not lump elephant.money into a list with anything suspect - it is one of the most ethical projects in DeFi and has amassed a significant volunteer effort to support it. Your persistent denigration of the project is at best willful ignorance.
Secondly, if you did have the "experience" and "support whats right & fair" you would be warning people about the significant risks associated with holding bitcoin long term. Many innocent people have found their bitcoin confiscated by the US government when it comes to light that their BTC had previously been used in the commission of some type of crime - remember, it's early days were rife with transactions for drug dealing, human trafficking, terrorism, and worse. Sometimes it takes years before an investigation even begins. You are telling people to hold for the long term something which should at this point be more properly viewed as a transactional / day trading instrument when it is subject to both extreme volatility and is a total gamble as to whether those bitcoin in your wallet might have been used in some type of crime at any point in the prior 14 years and be subject to confiscation. One way to help lessen that concern somewhat is to migrate to a more modern blockchain which uses an account model rather than a more primitive UTXO model, although I suspect even that is getting above your head.
Long story short, long term holding of bitcoin at this point in the game is a gamble to the extreme which entails many risks that you routinely fail to mention in your promotional spiel. The only thing that anyone can reasonably count on is that it will continue to lose market share over time to more modern forms of crypto - which doesn't necessarily correlate with price if more money comes into crypto as a whole. Put simply, it is no longer in the "growth sector" of crypto and bears significantly more risks than other blockchains which offer more potential
