For the Wine and Cheese Board Refugees

[RoadTrip]

⅔

Bunch of Internet Half-Brains…https://twitter.com/wallstreetsilv/status/1640832378829516803?s=46&t=BW54DDdRvMZ7AoDSXEli5w

Looks like the squeeze is being put on Binance…will be curious how much longer it will hold up. Don’t think it will last too much longer before the Feds shut it down.

You've certainly got Munger out there grouching the ever loving shit out of crypto, tying it to a moral crisis of sorts. It's funny listening to that guy scream at the clouds. Something odd about a man with that much money and so little time left to be spending his time worrying about anything.

I think its days are definitely numbered. OTOH, this may be the buying opportunity that everyone said was permanently over.

Without being quite as grouchy as Munger, my question is this: what need or demand is crypto intended to satisfy?

Its market is for those who have no confidence in a given fiat currency, like say when the government who authorizes the currency as legal tender prints money as fast as the machines (or servers I guess) will run with no apparent link to the economy for which the currency is supposed to represent a proxy participation interest.

Or whatever.

So precious metal sans metal?

No

 

[WestlinnDuck]

Bunch of Internet Half-Brains…https://twitter.com/wallstreetsilv/status/1640832378829516803?s=46&t=BW54DDdRvMZ7AoDSXEli5w

Looks like the squeeze is being put on Binance…will be curious how much longer it will hold up. Don’t think it will last too much longer before the Feds shut it down.

You've certainly got Munger out there grouching the ever loving shit out of crypto, tying it to a moral crisis of sorts. It's funny listening to that guy scream at the clouds. Something odd about a man with that much money and so little time left to be spending his time worrying about anything.

I think its days are definitely numbered. OTOH, this may be the buying opportunity that everyone said was permanently over.

Without being quite as grouchy as Munger, my question is this: what need or demand is crypto intended to satisfy?

As a mythical MBA you must have run across the idea of a stable currency to provide liquidity in commercial transactions and a store for wealth. Ideally that would be the US dollar but you voted for the dementia patient as the more fiscally responsible alternative who immediately informed the nation that Milton Friedman is no longer in charge and then debased the US dollar. Bitcoin is another solution and the other is gold. Holding depreciating dollars isn't.

Well at least I[/b] wasn’t as grouchy as Munger.

You aren't as smart as Munger, me or even the coug. In fact, for someone with a mythical MBA you don't seem to understand much about business.

 

[HHusky]

⅔

Bunch of Internet Half-Brains…https://twitter.com/wallstreetsilv/status/1640832378829516803?s=46&t=BW54DDdRvMZ7AoDSXEli5w

Looks like the squeeze is being put on Binance…will be curious how much longer it will hold up. Don’t think it will last too much longer before the Feds shut it down.

You've certainly got Munger out there grouching the ever loving shit out of crypto, tying it to a moral crisis of sorts. It's funny listening to that guy scream at the clouds. Something odd about a man with that much money and so little time left to be spending his time worrying about anything.

I think its days are definitely numbered. OTOH, this may be the buying opportunity that everyone said was permanently over.

Without being quite as grouchy as Munger, my question is this: what need or demand is crypto intended to satisfy?

Its market is for those who have no confidence in a given fiat currency, like say when the government who authorizes the currency as legal tender prints money as fast as the machines (or servers I guess) will run with no apparent link to the economy for which the currency is supposed to represent a proxy participation interest.

Or whatever.

So precious metal sans metal?

No

I let you and Gasbag fight that out.

 

[HHusky]

Bunch of Internet Half-Brains…https://twitter.com/wallstreetsilv/status/1640832378829516803?s=46&t=BW54DDdRvMZ7AoDSXEli5w

Looks like the squeeze is being put on Binance…will be curious how much longer it will hold up. Don’t think it will last too much longer before the Feds shut it down.

You've certainly got Munger out there grouching the ever loving shit out of crypto, tying it to a moral crisis of sorts. It's funny listening to that guy scream at the clouds. Something odd about a man with that much money and so little time left to be spending his time worrying about anything.

I think its days are definitely numbered. OTOH, this may be the buying opportunity that everyone said was permanently over.

Without being quite as grouchy as Munger, my question is this: what need or demand is crypto intended to satisfy?

As a mythical MBA you must have run across the idea of a stable currency to provide liquidity in commercial transactions and a store for wealth. Ideally that would be the US dollar but you voted for the dementia patient as the more fiscally responsible alternative who immediately informed the nation that Milton Friedman is no longer in charge and then debased the US dollar. Bitcoin is another solution and the other is gold. Holding depreciating dollars isn't.

Well at least I[/b] wasn’t as grouchy as Munger.

You aren't as smart as Munger, me or even the coug. In fact, for someone with a mythical MBA you don't seem to understand much about business.

Even the coug? How insulting!

Yet cutting through all your pontification, it’s basically the same tired old “Buy Gold!” grift. As you FINALLY concede.

How much did they con you out of?

 

[RoadTrip]

⅔

Bunch of Internet Half-Brains…https://twitter.com/wallstreetsilv/status/1640832378829516803?s=46&t=BW54DDdRvMZ7AoDSXEli5w

Looks like the squeeze is being put on Binance…will be curious how much longer it will hold up. Don’t think it will last too much longer before the Feds shut it down.

You've certainly got Munger out there grouching the ever loving shit out of crypto, tying it to a moral crisis of sorts. It's funny listening to that guy scream at the clouds. Something odd about a man with that much money and so little time left to be spending his time worrying about anything.

I think its days are definitely numbered. OTOH, this may be the buying opportunity that everyone said was permanently over.

Without being quite as grouchy as Munger, my question is this: what need or demand is crypto intended to satisfy?

Its market is for those who have no confidence in a given fiat currency, like say when the government who authorizes the currency as legal tender prints money as fast as the machines (or servers I guess) will run with no apparent link to the economy for which the currency is supposed to represent a proxy participation interest.

Or whatever.

So precious metal sans metal?

No

I let you and Gasbag fight that out.

There's no fight. You're just ignorant.

 

[HoustonHusky]

Bunch of Internet Half-Brains…https://twitter.com/wallstreetsilv/status/1640832378829516803?s=46&t=BW54DDdRvMZ7AoDSXEli5w

Looks like the squeeze is being put on Binance…will be curious how much longer it will hold up. Don’t think it will last too much longer before the Feds shut it down.

You've certainly got Munger out there grouching the ever loving shit out of crypto, tying it to a moral crisis of sorts. It's funny listening to that guy scream at the clouds. Something odd about a man with that much money and so little time left to be spending his time worrying about anything.

I think its days are definitely numbered. OTOH, this may be the buying opportunity that everyone said was permanently over.

Without being quite as grouchy as Munger, my question is this: what need or demand is crypto intended to satisfy?

Holy hell…I actually agree with the speed limit IQ racist on something. The world must be ending soon.

Crypto has value in doing transactions of an illicit nature and as a means of getting value out of currency restricted areas (think China…a ton of crypto was used to transfer money out and go buy homes and stuff in Vancouver and along the West Coast). That doesn’t account for the crazy value it’s grown into. Quite comical really.

Everything I’ve seen on crypto, especially outside of bitcoin but even including bitcoin, is that it’s a completely manipulated market by a handful of people and in many cases a completely fraudulent market, esp with the rise of all the shitcoins. As people looked under the hood of FTX, Silvergate Bank, and are now doing with Binance…it’s frightening how poorly and comically fraudulent it all was while still growing to a massive size. Bitcoin and maybe Etherum will last but I expect the rest to go to zero in the next few years…and the only chance those to have is that the Central Banks are so shitty at their jobs that those 2 cryptocurrencies end up slightly less corrupt in comparison.

 

[HHusky]

Bunch of Internet Half-Brains…https://twitter.com/wallstreetsilv/status/1640832378829516803?s=46&t=BW54DDdRvMZ7AoDSXEli5w

Looks like the squeeze is being put on Binance…will be curious how much longer it will hold up. Don’t think it will last too much longer before the Feds shut it down.

You've certainly got Munger out there grouching the ever loving shit out of crypto, tying it to a moral crisis of sorts. It's funny listening to that guy scream at the clouds. Something odd about a man with that much money and so little time left to be spending his time worrying about anything.

I think its days are definitely numbered. OTOH, this may be the buying opportunity that everyone said was permanently over.

Without being quite as grouchy as Munger, my question is this: what need or demand is crypto intended to satisfy?

Holy hell…I actually agree with the speed limit IQ racist on something. The world must be ending soon.

Crypto has value in doing transactions of an illicit nature and as a means of getting value out of currency restricted areas (think China…a ton of crypto was used to transfer money out and go buy homes and stuff in Vancouver and along the West Coast). That doesn’t account for the crazy value it’s grown into. Quite comical really.

Everything I’ve seen on crypto, especially outside of bitcoin but even including bitcoin, is that it’s a completely manipulated market by a handful of people and in many cases a completely fraudulent market, esp with the rise of all the shitcoins. As people looked under the hood of FTX, Silvergate Bank, and are now doing with Binance…it’s frightening how poorly and comically fraudulent it all was while still growing to a massive size. Bitcoin and maybe Etherum will last but I expect the rest to go to zero in the next few years…and the only chance those to have is that the Central Banks are so shitty at their jobs that those 2 cryptocurrencies end up slightly less corrupt in comparison.

 

[WestlinnDuck]

Bunch of Internet Half-Brains…https://twitter.com/wallstreetsilv/status/1640832378829516803?s=46&t=BW54DDdRvMZ7AoDSXEli5w

Looks like the squeeze is being put on Binance…will be curious how much longer it will hold up. Don’t think it will last too much longer before the Feds shut it down.

You've certainly got Munger out there grouching the ever loving shit out of crypto, tying it to a moral crisis of sorts. It's funny listening to that guy scream at the clouds. Something odd about a man with that much money and so little time left to be spending his time worrying about anything.

I think its days are definitely numbered. OTOH, this may be the buying opportunity that everyone said was permanently over.

Without being quite as grouchy as Munger, my question is this: what need or demand is crypto intended to satisfy?

Holy hell…I actually agree with the speed limit IQ racist on something. The world must be ending soon.

Crypto has value in doing transactions of an illicit nature and as a means of getting value out of currency restricted areas (think China…a ton of crypto was used to transfer money out and go buy homes and stuff in Vancouver and along the West Coast). That doesn’t account for the crazy value it’s grown into. Quite comical really.

Everything I’ve seen on crypto, especially outside of bitcoin but even including bitcoin, is that it’s a completely manipulated market by a handful of people and in many cases a completely fraudulent market, esp with the rise of all the shitcoins. As people looked under the hood of FTX, Silvergate Bank, and are now doing with Binance…it’s frightening how poorly and comically fraudulent it all was while still growing to a massive size. Bitcoin and maybe Etherum will last but I expect the rest to go to zero in the next few years…and the only chance those to have is that the Central Banks are so shitty at their jobs that those 2 cryptocurrencies end up slightly less corrupt in comparison.

I agree entirely with what you said. The dazzler was confused about the demand for crypto. I explained that demand as you just did. When the dazzler and the US government supports a rapidly inflating money supply and then used restrictions on the use of the dollar, then people will look for alternatives. Go figure.

 

[HoustonHusky]

Looks like ther might be another weekend Bank failure…https://twitter.com/vidar_research/status/1641432682004635651?s=46&t=BW54DDdRvMZ7AoDSXEli5w

$MCB down 25% today…

 

[HHusky]

Bunch of Internet Half-Brains…https://twitter.com/wallstreetsilv/status/1640832378829516803?s=46&t=BW54DDdRvMZ7AoDSXEli5w

Looks like the squeeze is being put on Binance…will be curious how much longer it will hold up. Don’t think it will last too much longer before the Feds shut it down.

You've certainly got Munger out there grouching the ever loving shit out of crypto, tying it to a moral crisis of sorts. It's funny listening to that guy scream at the clouds. Something odd about a man with that much money and so little time left to be spending his time worrying about anything.

I think its days are definitely numbered. OTOH, this may be the buying opportunity that everyone said was permanently over.

Without being quite as grouchy as Munger, my question is this: what need or demand is crypto intended to satisfy?

Holy hell…I actually agree with the speed limit IQ racist on something. The world must be ending soon.

Crypto has value in doing transactions of an illicit nature and as a means of getting value out of currency restricted areas (think China…a ton of crypto was used to transfer money out and go buy homes and stuff in Vancouver and along the West Coast). That doesn’t account for the crazy value it’s grown into. Quite comical really.

Everything I’ve seen on crypto, especially outside of bitcoin but even including bitcoin, is that it’s a completely manipulated market by a handful of people and in many cases a completely fraudulent market, esp with the rise of all the shitcoins. As people looked under the hood of FTX, Silvergate Bank, and are now doing with Binance…it’s frightening how poorly and comically fraudulent it all was while still growing to a massive size. Bitcoin and maybe Etherum will last but I expect the rest to go to zero in the next few years…and the only chance those to have is that the Central Banks are so shitty at their jobs that those 2 cryptocurrencies end up slightly less corrupt in comparison.

I agree entirely with what you said. The dazzler was confused about the demand for crypto. I explained that demand as you just did. When the dazzler and the US government supports a rapidly inflating money supply and then used restrictions on the use of the dollar, then people will look for alternatives. Go figure.

Cutting through the ponderous prose, crypto meets the demands of the people who see ghosts and hire fortune tellers.

I appreciate you, Gasbag.

 

[WestlinnDuck]

Bunch of Internet Half-Brains…https://twitter.com/wallstreetsilv/status/1640832378829516803?s=46&t=BW54DDdRvMZ7AoDSXEli5w

Looks like the squeeze is being put on Binance…will be curious how much longer it will hold up. Don’t think it will last too much longer before the Feds shut it down.

You've certainly got Munger out there grouching the ever loving shit out of crypto, tying it to a moral crisis of sorts. It's funny listening to that guy scream at the clouds. Something odd about a man with that much money and so little time left to be spending his time worrying about anything.

I think its days are definitely numbered. OTOH, this may be the buying opportunity that everyone said was permanently over.

Without being quite as grouchy as Munger, my question is this: what need or demand is crypto intended to satisfy?

Holy hell…I actually agree with the speed limit IQ racist on something. The world must be ending soon.

Crypto has value in doing transactions of an illicit nature and as a means of getting value out of currency restricted areas (think China…a ton of crypto was used to transfer money out and go buy homes and stuff in Vancouver and along the West Coast). That doesn’t account for the crazy value it’s grown into. Quite comical really.

Everything I’ve seen on crypto, especially outside of bitcoin but even including bitcoin, is that it’s a completely manipulated market by a handful of people and in many cases a completely fraudulent market, esp with the rise of all the shitcoins. As people looked under the hood of FTX, Silvergate Bank, and are now doing with Binance…it’s frightening how poorly and comically fraudulent it all was while still growing to a massive size. Bitcoin and maybe Etherum will last but I expect the rest to go to zero in the next few years…and the only chance those to have is that the Central Banks are so shitty at their jobs that those 2 cryptocurrencies end up slightly less corrupt in comparison.

I agree entirely with what you said. The dazzler was confused about the demand for crypto. I explained that demand as you just did. When the dazzler and the US government supports a rapidly inflating money supply and then used restrictions on the use of the dollar, then people will look for alternatives. Go figure.

Cutting through the ponderous prose, crypto meets the demands of the people who see ghosts and hire fortune tellers.

I appreciate you, Gasbag.

Appreciate your concern about losing the dollar as the world's reserve currency. Inflation and dollar restrictions aren't ghosts. That's your team's playbook.

 

[HHusky]

Bunch of Internet Half-Brains…https://twitter.com/wallstreetsilv/status/1640832378829516803?s=46&t=BW54DDdRvMZ7AoDSXEli5w

Looks like the squeeze is being put on Binance…will be curious how much longer it will hold up. Don’t think it will last too much longer before the Feds shut it down.

You've certainly got Munger out there grouching the ever loving shit out of crypto, tying it to a moral crisis of sorts. It's funny listening to that guy scream at the clouds. Something odd about a man with that much money and so little time left to be spending his time worrying about anything.

I think its days are definitely numbered. OTOH, this may be the buying opportunity that everyone said was permanently over.

Without being quite as grouchy as Munger, my question is this: what need or demand is crypto intended to satisfy?

Holy hell…I actually agree with the speed limit IQ racist on something. The world must be ending soon.

Crypto has value in doing transactions of an illicit nature and as a means of getting value out of currency restricted areas (think China…a ton of crypto was used to transfer money out and go buy homes and stuff in Vancouver and along the West Coast). That doesn’t account for the crazy value it’s grown into. Quite comical really.

Everything I’ve seen on crypto, especially outside of bitcoin but even including bitcoin, is that it’s a completely manipulated market by a handful of people and in many cases a completely fraudulent market, esp with the rise of all the shitcoins. As people looked under the hood of FTX, Silvergate Bank, and are now doing with Binance…it’s frightening how poorly and comically fraudulent it all was while still growing to a massive size. Bitcoin and maybe Etherum will last but I expect the rest to go to zero in the next few years…and the only chance those to have is that the Central Banks are so shitty at their jobs that those 2 cryptocurrencies end up slightly less corrupt in comparison.

I agree entirely with what you said. The dazzler was confused about the demand for crypto. I explained that demand as you just did. When the dazzler and the US government supports a rapidly inflating money supply and then used restrictions on the use of the dollar, then people will look for alternatives. Go figure.

Cutting through the ponderous prose, crypto meets the demands of the people who see ghosts and hire fortune tellers.

I appreciate you, Gasbag.

Appreciate your concern about losing the dollar as the world's reserve currency. Inflation and dollar restrictions aren't ghosts. That's your team's playbook.

You sound pour.

 

[RaceBannon]

Bunch of Internet Half-Brains…https://twitter.com/wallstreetsilv/status/1640832378829516803?s=46&t=BW54DDdRvMZ7AoDSXEli5w

Looks like the squeeze is being put on Binance…will be curious how much longer it will hold up. Don’t think it will last too much longer before the Feds shut it down.

You've certainly got Munger out there grouching the ever loving shit out of crypto, tying it to a moral crisis of sorts. It's funny listening to that guy scream at the clouds. Something odd about a man with that much money and so little time left to be spending his time worrying about anything.

I think its days are definitely numbered. OTOH, this may be the buying opportunity that everyone said was permanently over.

Without being quite as grouchy as Munger, my question is this: what need or demand is crypto intended to satisfy?

Holy hell…I actually agree with the speed limit IQ racist on something. The world must be ending soon.

Crypto has value in doing transactions of an illicit nature and as a means of getting value out of currency restricted areas (think China…a ton of crypto was used to transfer money out and go buy homes and stuff in Vancouver and along the West Coast). That doesn’t account for the crazy value it’s grown into. Quite comical really.

Everything I’ve seen on crypto, especially outside of bitcoin but even including bitcoin, is that it’s a completely manipulated market by a handful of people and in many cases a completely fraudulent market, esp with the rise of all the shitcoins. As people looked under the hood of FTX, Silvergate Bank, and are now doing with Binance…it’s frightening how poorly and comically fraudulent it all was while still growing to a massive size. Bitcoin and maybe Etherum will last but I expect the rest to go to zero in the next few years…and the only chance those to have is that the Central Banks are so shitty at their jobs that those 2 cryptocurrencies end up slightly less corrupt in comparison.

I agree entirely with what you said. The dazzler was confused about the demand for crypto. I explained that demand as you just did. When the dazzler and the US government supports a rapidly inflating money supply and then used restrictions on the use of the dollar, then people will look for alternatives. Go figure.

Cutting through the ponderous prose, crypto meets the demands of the people who see ghosts and hire fortune tellers.

I appreciate you, Gasbag.

Appreciate your concern about losing the dollar as the world's reserve currency. Inflation and dollar restrictions aren't ghosts. That's your team's playbook.

You sound pour.

Serious poster

 

[HHusky]

Bunch of Internet Half-Brains…https://twitter.com/wallstreetsilv/status/1640832378829516803?s=46&t=BW54DDdRvMZ7AoDSXEli5w

Looks like the squeeze is being put on Binance…will be curious how much longer it will hold up. Don’t think it will last too much longer before the Feds shut it down.

You've certainly got Munger out there grouching the ever loving shit out of crypto, tying it to a moral crisis of sorts. It's funny listening to that guy scream at the clouds. Something odd about a man with that much money and so little time left to be spending his time worrying about anything.

I think its days are definitely numbered. OTOH, this may be the buying opportunity that everyone said was permanently over.

Without being quite as grouchy as Munger, my question is this: what need or demand is crypto intended to satisfy?

Holy hell…I actually agree with the speed limit IQ racist on something. The world must be ending soon.

Crypto has value in doing transactions of an illicit nature and as a means of getting value out of currency restricted areas (think China…a ton of crypto was used to transfer money out and go buy homes and stuff in Vancouver and along the West Coast). That doesn’t account for the crazy value it’s grown into. Quite comical really.

Everything I’ve seen on crypto, especially outside of bitcoin but even including bitcoin, is that it’s a completely manipulated market by a handful of people and in many cases a completely fraudulent market, esp with the rise of all the shitcoins. As people looked under the hood of FTX, Silvergate Bank, and are now doing with Binance…it’s frightening how poorly and comically fraudulent it all was while still growing to a massive size. Bitcoin and maybe Etherum will last but I expect the rest to go to zero in the next few years…and the only chance those to have is that the Central Banks are so shitty at their jobs that those 2 cryptocurrencies end up slightly less corrupt in comparison.

I agree entirely with what you said. The dazzler was confused about the demand for crypto. I explained that demand as you just did. When the dazzler and the US government supports a rapidly inflating money supply and then used restrictions on the use of the dollar, then people will look for alternatives. Go figure.

Cutting through the ponderous prose, crypto meets the demands of the people who see ghosts and hire fortune tellers.

I appreciate you, Gasbag.

Appreciate your concern about losing the dollar as the world's reserve currency. Inflation and dollar restrictions aren't ghosts. That's your team's playbook.

You sound pour.

Serious poster

Like a heart attack

 

[creepycoug]

Bunch of Internet Half-Brains…https://twitter.com/wallstreetsilv/status/1640832378829516803?s=46&t=BW54DDdRvMZ7AoDSXEli5w

Looks like the squeeze is being put on Binance…will be curious how much longer it will hold up. Don’t think it will last too much longer before the Feds shut it down.

You've certainly got Munger out there grouching the ever loving shit out of crypto, tying it to a moral crisis of sorts. It's funny listening to that guy scream at the clouds. Something odd about a man with that much money and so little time left to be spending his time worrying about anything.

I think its days are definitely numbered. OTOH, this may be the buying opportunity that everyone said was permanently over.

Without being quite as grouchy as Munger, my question is this: what need or demand is crypto intended to satisfy?

As a mythical MBA you must have run across the idea of a stable currency to provide liquidity in commercial transactions and a store for wealth. Ideally that would be the US dollar but you voted for the dementia patient as the more fiscally responsible alternative who immediately informed the nation that Milton Friedman is no longer in charge and then debased the US dollar. Bitcoin is another solution and the other is gold. Holding depreciating dollars isn't.

Well at least I[/b] wasn’t as grouchy as Munger.

You aren't as smart as Munger, me or even the coug[/b]. In fact, for someone with a mythical MBA you don't seem to understand much about business.

Is this what they call a band handed compliment?

 

[WestlinnDuck]

Bunch of Internet Half-Brains…https://twitter.com/wallstreetsilv/status/1640832378829516803?s=46&t=BW54DDdRvMZ7AoDSXEli5w

Looks like the squeeze is being put on Binance…will be curious how much longer it will hold up. Don’t think it will last too much longer before the Feds shut it down.

You've certainly got Munger out there grouching the ever loving shit out of crypto, tying it to a moral crisis of sorts. It's funny listening to that guy scream at the clouds. Something odd about a man with that much money and so little time left to be spending his time worrying about anything.

I think its days are definitely numbered. OTOH, this may be the buying opportunity that everyone said was permanently over.

Without being quite as grouchy as Munger, my question is this: what need or demand is crypto intended to satisfy?

As a mythical MBA you must have run across the idea of a stable currency to provide liquidity in commercial transactions and a store for wealth. Ideally that would be the US dollar but you voted for the dementia patient as the more fiscally responsible alternative who immediately informed the nation that Milton Friedman is no longer in charge and then debased the US dollar. Bitcoin is another solution and the other is gold. Holding depreciating dollars isn't.

Well at least I[/b] wasn’t as grouchy as Munger.

You aren't as smart as Munger, me or even the coug[/b]. In fact, for someone with a mythical MBA you don't seem to understand much about business.

Is this what they call a band handed compliment?

A little compliment for Munger, me and you. Pretty low bar for this trio. Took a quick look at Munger, never graduated from college was at Michigan when World War II broke out and then at Cal Tech. Got into Harvard Law school without a college degree. Surprised he is only worth $2.2 billion.