My questions for John: If you say WE are heading

Question

My questions for John: If you say WE are heading

for recession soon and you don't want to hold Crypto: 1. What would you want to hold instead? Fiat? 2 Why are you promoting Litecoin in the first place?

#blockchain #cryptocurrency #english #ltc

0

21.12.2023

17 ответов

32 просмотра

Matthias Автор вопроса

John
1) I will get out for fiat because wether we go in...

I don't think so...maybe for a very short time...because you will see the banks go bankrupt...there will be bail outs and bail ins and that will make your Dollar worthless...

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9 месяцев назад

John

2) I used to think that people in crypto valued an alternative to the current system and looked for the best option for payments That's why I supported Litecoin. Even Monero is okayish Now of course history has shown that holding any crypto is just a waste of money for most of every cycle and that the only money to be made is buying low at the end of bear and selling high at the bull. Oh and those nice maxis telling you to hold just want to make sure they have enough liquidity to dump at a good price

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9 месяцев назад

John

Matthias
I don't think so...maybe for a very short time...b...

Ok so let's do some transactions with Bitcoin then Ah it costs 30 dollars per transaction Gonna be difficult

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9 месяцев назад

Matthias Автор вопроса

John
2) I used to think that people in crypto valued an...

Our major problem is not the payment problem...that is nice...our Main problem is the fiat scam where central banks create trillions of fiat money out of thin air...that is why there is an article on the bailout of Banks by Satoshi when Bitcoin was created

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9 месяцев назад

John

Matthias
Our major problem is not the payment problem...tha...

Yes but you do realize you have to actually spend money right?

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9 месяцев назад

Mahesha Suresh

John
Ok so let's do some transactions with Bitcoin then...

Come Let's do a transaction with ALGO and LTC

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9 месяцев назад

Matthias Автор вопроса

John
Yes but you do realize you have to actually spend ...

Yes I spend fiat and save crypto. Maybe when Litecoin reaches 1000 Dollar I am going to spend Litecoin

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9 месяцев назад

Matthias Автор вопроса

Matthias
Yes I spend fiat and save crypto. Maybe when Litec...

Do you know Gresham's law!?

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9 месяцев назад

Mahesha Suresh

Matthias
Yes I spend fiat and save crypto. Maybe when Litec...

$1000 after 30 years 😂

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9 месяцев назад

Rosh

Matthias
Our major problem is not the payment problem...tha...

How is that our problem? Ltc can't even outpace fiat inflation. Why would anyone spend a dollar on this crap to grow their savings

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9 месяцев назад

Богдан Надеждин

Rosh
How is that our problem? Ltc can't even outpace fi...

Ltc is not static

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9 месяцев назад

Matthias Автор вопроса

Rosh
How is that our problem? Ltc can't even outpace fi...

Yeah... Litecoin doesnt but Bitcoin and Ethereum does..hey I am very disappointed with Litecoins price performance too...when there will be Altcoin season WE will see what Litecoin does...

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9 месяцев назад

Rosh

Богдан Надеждин
Ltc is not static

Yeah its not, it always falls below btc and our expectations.

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9 месяцев назад

Богдан Надеждин

Rosh
Yeah its not, it always falls below btc and our ex...

“Always” is your emotional seeings

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9 месяцев назад