b0r1s wrote:Just got this text from my bank today:
As you've made a payment to Binance this year, we wanted to let you know that we're stopping payments made by credit/debit card to them until further notice. This is to help keep your money safe. For further info, please search FCA Binance online. We're sorry for any disruption this may cause you. Your Barclays Team
Looks like basically I can lose money, which, it being crypto, I kind of figured.
b0r1s wrote:Just got this text from my bank today:
As you've made a payment to Binance this year, we wanted to let you know that we're stopping payments made by credit/debit card to them until further notice. This is to help keep your money safe. For further info, please search FCA Binance online. We're sorry for any disruption this may cause you. Your Barclays Team
Looks like basically I can lose money, which, it being crypto, I kind of figured.
Should have called it Nonce Cents.Yossarian wrote:I think this reveals rather too much about crypto in general: https://twitter.com/0xPolygon/status/1410976559008305161
Dark Soldier wrote:b0r1s wrote:Just got this text from my bank today:
As you've made a payment to Binance this year, we wanted to let you know that we're stopping payments made by credit/debit card to them until further notice. This is to help keep your money safe. For further info, please search FCA Binance online. We're sorry for any disruption this may cause you. Your Barclays Team
Looks like basically I can lose money, which, it being crypto, I kind of figured.
Yeah a lot of banks cracking down on it now. Primarily Binance as there's some very dodgy shit about it been coming out of late.
Diluted Dante wrote:
Dark Soldier wrote:There is also the fact that if anyone was to invest long term now is the time. Its a bear market and prices are ridiculous, most things 70-80% down from their ATH, potential gains over 2-5 years will be insane. But then its a gamble and it all can piss away.
djchump wrote:Well, gosh, who knew that buying a cruise liner in the hopes of starting a totally free libertarian society for cryptobros in international waters would be so darned difficult?!
https://www.theguardian.com/news/2021/sep/07/disastrous-voyage-satoshi-cryptocurrency-cruise-ship-seassteading
drumbeg wrote:If this sounds like gambling as opposed to investment, it is!
There are the many liberative and exciting things that cryptocurrency might someday be and be used for, and then there is what cryptocurrency currently is, and how it actually gets used. Neither, strictly speaking, is anything that a normal person would really need to know or care about …
Consider a rich person who is rich in part because they have behaved as if laws are vestigial/fake … These people are all around us, and they are in charge in ways that the state will not or cannot do anything about. This person is getting out of a helicopter that they own, or off some kind of limited-edition hoverboard, to tell you about something that they say is going to make your life better and lift up the downtrodden and bring humanity as a whole closer together … These people have said these things before, and the results were a virtual public square festooned with ads and surveilled down to the pixel, or a button on your phone that makes someone bring you lunch. This time it is ’money, but new’.
There is something about the specific churn and grift of it that seems to rhyme with what’s most discordant in this broader moment. Fatuous rich people making themselves into oracles and even saviors simply by finding some new words and a sleek modern shape for their old greed; the broader feeling of being lied to by someone who has not really put very much effort into the lie; the whirling of a million simultaneous scams under blithe happy talk about fixes and futures …
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