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michael
David Pakman Show
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Comments by "michael" (@michaeld4861) on "Crypto CRASHES, What Happens Next?" video.
@Bbenkosky Yes because banks printing their own money and then getting bailed out for illegal practices is not a scam??? Defi crypto is the future. Not a scam.
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@BradyBHull THat's just stupid. Imagine if every stock guru was charged every time they gave stock or financial advise or opinions. Warren Buffet would be the poorest person in America. lol If people are all stupid enough to listen to one man and lose a bunch of money by selling at the bottom they shouldn't be buying in to begin with.
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@brewcitymike1 Owning cash is a great way to devalue your money and hard work. At least keep some of your money in VOO or something. Stock market returns an average of 8% meanwhile inflation will steal 2%. Which would you rather have? -2% or +8%? Most Ceo's and billionaire get paid in stock for a reason. It can make or break your retirement. Good luck.
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You'd rather trust a bank????? Seriously? You need some bank history 101. A decentralized financial system sounds way better to me. No more banks printing money and getting bail outs.
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That literally makes no sense.
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@RealJackHQ Crypto doesn't require land..... and this is just a dumb argument, no offense. Gpu's are like the size of a hard drive, not really much land required.
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@andrewreynolds9371 What does mining lithium have to do with the dollar not being backed by gold? Besides crypto fuels the green energy transition because green energy is cheaper which is better for making money.
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@meganesenpai China didn't BAN crypto. It just said no banks (institutions) can use it. Big difference. That means every person in China can legally own, buy, sell, or mine crypto.
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