Grey_Beard

charlesborner
Three.  One of them is still a going, multi-million dollar a year concern today.
I forewent extracting ANY money from the company for a decade and a half because one of my main concerns was keeping as many people as possible employed and that our freelancers would ALWAYS be paid.
And please stop thinking you have ANY say over who does and doesn't get to make comments on this subject.
Being malicious and ignorant will get you nowhere.

I have run companies for 30 years. There has never been a company that was successful just because of me. It was a group effort. To think otherwise is ignorant. Money does not define you. Material things are not the scorecard. If they are for you, I feel sorry for the you. Every organization I have been in was better after I arrived than before I got there. I am not so egotistical that I think it was because of me. It’s because if what the people did, the workers. I gave them a system that helped them. They are still going well after I left. That is what I do. I do not care about your bragging about “millions.” Good for you. Too bad you have learned very little about how society work though. Maybe next time. Keep trying.

bill1024
 
I have been to thousands of homes and business over the 33 years I did repair service.
I have worked in the projects, in many section 8 housing apartments.
Almost every apartment had big screen TVs, fridge with food, indoor plumbing, A/C and heat.
Saw a lot of cars on the parking lot nice than a car I could of afforded.
The average recipient get over 60k a year in rent, food, child care, health insurance.
All paid by the tax payer. 
Most poor people in the US live better and longer and healthier than kings and queens did just 150 years ago.
Yes there are homeless and tent cities, most of them have mental health issue and do not want help.
There is help available for them.
We close the mental institutions and can't force people to take meds if they do not want to.
So they end up in the street. 
Wish I could fix it but I can't. It is out of my control
 
My perspective, I been broke, had a family to support as a teenager. Worked 2 or 3 jobs.
1.25$ my first job. then made 5, went up to 9 then 12 15...... I learned a trade.
Worked ever second of over time. Came home ate dinner and went back to work for someone else.
Worked and learned and worked my way up tp lead tech.
 
Don't give me that bull pal. I been there. Could not even affrod to have cable. was like 30 a month back then
Poor people problems are not the rich mans fault. 
 

bill1024

Virtue signaling much.
You know so much about society then fix it.

Grey_Beard
 

bill1024
Corporations have lifted more people out of poverty then the government ever has.
 
 

You think GM is some beacon of industry?  Look into their history.  Pierre DuPont got his millions from selling gun power and munitions during WWI.  Governments gave him his money.  Its not like one day he woke up and had Billions in the bank and said, “What do I do now with all this money?  Cars are the future.”  Did he work hard yes, but many work hard and get no where.  Government seeded IBM in the beginning of the computer and the internet.  Corporation do it all though.

aka_STEVE_b
In a rare moment of honesty about CRYPTO,  an originator of the Dogecoin admits how corrupt the entire bitcoin industry is !
 
https://www.cnbc.com/2021/07/14/dogecoin-co-creator-jackson-palmer-criticizes-the-crypto-industry.html
 
 

Palmer also criticized how crypto is shared and marketed. In another tweet, he alleged that “the cryptocurrency industry leverages a network of shady business connections, bought influencers and pay-for-play media outlets to perpetuate a cult-like ‘get rich quick’ funnel designed to extract new money from the financially desperate and naive.”

 

Palmer criticized those in power in the cryptocurrency space, saying that it is “controlled by a powerful cartel of wealthy figures” who “have evolved to incorporate many of the same institutions tied to the existing centralized financial system they supposedly set out to replace.”

 
 Thank you ! 

Grey_Beard
I think your definition of Monopoly money is suspect.  I can’t wait to raid my Monopoly game and use it to buy gum.  I am sure the clerk could never figure it out.
 
I think you conflate securities with currency.  The items you are discussing are more securities than currency.  You could interpret it as currency, but it is not.  Like another security, it can be converted in to currency and is gauged and valued in a currency, but it is a security.

You can quote whatever you want, but besides the Colonial Pipeline hack, name another of the Billions stolen that have been recovered through this “traceable“ currency.  If you cannot, then there is an issue with tracing these items.  Yeah, the clerk might tell, but the bank you deposit that note into your account will.  You will get a visit from law enforcement.  The Colonial Pipeline recovery happened as the the wallet (as outlined in an earlier post as a major vulnerability of the system) exposed the coins, which allowed the FBI to gain control.
 
I also find it funny how the system tools the crypto-crusaders rail against are the same tools you mention as helping to make it as “traceable” as other fiats.
 
Round and round we go.

Mnuchin Says It’s ‘Perfectly Fine’ if People Want To Buy Bitcoin

I think my view has evolved a little bit, but it is pretty consistent … If people want to buy bitcoin as a substitute, no different than buying gold or some other asset, it’s fine. I don’t personally want to have it in my portfolio but if people want to that’s perfectly fine.

Grey_Beard
Again, you are justifying things with a disingenuous argument.  It’s seems 1 and 0 are considered money given the billions of electronic transactions that happen daily.  This is no way reflective of currency or how currency in question provides confidence in its value.  For decades leaders of organizations were paid with stock options by a company, so those those vehicles are considered money.  I do think we will be going to the gas station and paying for fuel in stock options.  I like your efforts though.
 
Here is a novel idea on how to best deal with the crypto craze.  This helps to keep those abused silicon items from making into the hands of some unsuspecting gamer or worse.
 
https://www.vice.com/en/article/7kv739/police-destroy-1069-bitcoin-miners-with-big-ass-steamroller-in-malaysia?utm_source=email&utm_medium=editorial&utm_content=daily&utm_campaign=210716&utm_term=daily_automation_interest
 
Police Destroy 1,069 Bitcoin Miners With Big Ass Steamroller In Malaysia

 

In coming weeks, he plans to sell Decentral Inc., and refocus on philanthropy and other ventures not related to crypto. The Canadian expects to sever ties in time with other startups he is involved with, and doesn’t plan on funding any more blockchain projects.

“It’s got a risk profile that I am not too enthused about,” said Di Iorio, who declined to disclose his cryptocurrency holdings or net worth. “I don’t feel necessarily safe in this space. If I was focused on larger problems, I think I’d be safer.”

“I want to diversify to not being a crypto guy, but being a guy tackling complex problems,” Di Iorio said. He is involved in Project Arrow, run by a high-school friend that’s building a zero-emission vehicle. He is also consulting a senator from Paraguay.

1 Million Bitcoin Mining Rigs Will Be Moved To Canada In The Next 24 Months