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Posted
  On 3/7/2025 at 4:38 PM, red viking said:

Sure. Another completely unfounded conspiracy theory. Just more b.s. random garbage claims from the wingers. 

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There is probably no corruption in dc.  I bet you’re right.  

  • Haha 3
Posted (edited)
  On 3/7/2025 at 4:38 PM, red viking said:

Sure. Another completely unfounded conspiracy theory. Just more b.s. random garbage claims from the wingers. 

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RV - What about this is completely unfounded?   Please enlighten us with facts and data. 

mspart

Edited by mspart
Posted
  On 3/7/2025 at 9:12 PM, mspart said:

RV - What about this is completely unfounded?   Please enlighten us with facts and data. 

mspart

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Why do wingers make conspiracy theory claims and then tell people to prove that they're not true? 

  • Bob 1
Posted
  On 3/8/2025 at 1:51 AM, red viking said:

Bzzzz. Onus isn't on me to prove ur conspiracy theories false. Doesn't work like that. 

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Given you don’t believe there is fraud in dc.   I think it’s possible you are more of a conspiracy theorist than the flat earth crowd.

  • Fire 1
Posted
  On 3/8/2025 at 2:19 AM, Caveira said:

Given you don’t believe there is fraud in dc.   I think it’s possible you are more of a conspiracy theorist than the flat earth crowd.

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Nice strawman. Never said it was absolutely zero. Just not nearly as significant as the wingers claims. So far, I'm right. Tons of bs claims by DOGE unfounded. 

Posted
  On 3/8/2025 at 2:52 AM, red viking said:

Nice strawman. Never said it was absolutely zero. Just not nearly as significant as the wingers claims. So far, I'm right. Tons of bs claims by DOGE unfounded. 

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So you agree that doge should go after the corruption in dc.  

Posted

IMO, the DOdGEy group should go after the crypto. Talk about a lack of "Efficiency."

The some 17 billion the federal government has acquired in bitcoin from bad guys should be sold to pay down the US deficit. (Which is 100% the point of the group, at least that's what we're being told.)

There is zero reason to hold ~$17 billion in volatile digital currency if we can put it to good use now.

Imagine how many federal employees that would need to be fired to make that much of a dent in the deficit!

This isn't political point as much as it is a simple financial one.

Holding ~$17 billion in volatile funds while making giant payments on trillions of debt with interest makes no fiscal sense.

Unless, of course, the idea is to hold the bitcoin and from time to time make moves purposely to drive the bitcoin value up (which Musk has done before, and Trump just did recently) thereby using the bitcoin as an investment instrument to grow it to pay off even more of the debt at some future date.

That does sound like a Musk strategy...

Posted
  On 3/8/2025 at 4:49 AM, RockLobster said:

IMO, the DOdGEy group should go after the crypto. Talk about a lack of "Efficiency."

The some 17 billion the federal government has acquired in bitcoin from bad guys should be sold to pay down the US deficit. (Which is 100% the point of the group, at least that's what we're being told.)

There is zero reason to hold ~$17 billion in volatile digital currency if we can put it to good use now.

Imagine how many federal employees that would need to be fired to make that much of a dent in the deficit!

This isn't political point as much as it is a simple financial one.

Holding ~$17 billion in volatile funds while making giant payments on trillions of debt with interest makes no fiscal sense.

Unless, of course, the idea is to hold the bitcoin and from time to time make moves purposely to drive the bitcoin value up (which Musk has done before, and Trump just did recently) thereby using the bitcoin as an investment instrument to grow it to pay off even more of the debt at some future date.

That does sound like a Musk strategy...

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I am in disbelief that people still invest so heavily in crypto. There are still NFL players that get paid in all bitcoin. WHY? If someone can explain it I will shut up.

  • Bob 2
Posted
  On 3/10/2025 at 2:43 PM, wrestlingguy said:

I am in disbelief that people still invest so heavily in crypto. There are still NFL players that get paid in all bitcoin. WHY? If someone can explain it I will shut up.

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Couldn't agree more.

  • "Investing" in crypto is flat out stupid. Better to visit a Vegas casino and "invest" - at least you'd have fun.
  • NFL players are world class athletes and often notoriously dumb. "A fool and his money are soon parted."

Bitcoin can be a useful financial tool for criminals if they are willing to take on the risk of using it illegally.

For example, a foreigner who plays for the NFL wants to get paid in bitcoin. Anonymous transaction (mostly), no banks involved. That might be to skirt the income taxes of whatever country he is from. Potentially legally problematic.

As far as law abiding US citizens go? Nobody with any financial sense should be investing in crypto.

(And, yes, it can be a useful vehicle for making anonymous political donations in order to gain Presidential favor.)

Posted
  On 3/10/2025 at 2:43 PM, wrestlingguy said:

I am in disbelief that people still invest so heavily in crypto. There are still NFL players that get paid in all bitcoin. WHY? If someone can explain it I will shut up.

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It's a pyramid scam. I remember when it was all about virtual everything, NFTs, etc. Crypto is just the one that the tech bros cling to. I know a guy who has made a small fortune pushing this stupid stuff using influencers, a bunch of get rich quick seminars, and "dude bro" parties, etc. I asked him if he had invested in cryptocurrency at all, he told me only a little bit in case it goes up and it isn't a big amount either. So that should tell you something, if a guy who makes his living off of it isn't investing, it's a scam.

Posted
  On 3/13/2025 at 7:24 AM, Tripnsweep said:

It's a pyramid scam. I remember when it was all about virtual everything, NFTs, etc. Crypto is just the one that the tech bros cling to. I know a guy who has made a small fortune pushing this stupid stuff using influencers, a bunch of get rich quick seminars, and "dude bro" parties, etc. I asked him if he had invested in cryptocurrency at all, he told me only a little bit in case it goes up and it isn't a big amount either. So that should tell you something, if a guy who makes his living off of it isn't investing, it's a scam.

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LOL...just curious...is there any topic/issue/situation that you don't have personal experience in??  

  • Haha 1
Posted
  On 3/8/2025 at 1:51 AM, red viking said:

Bzzzz. Onus isn't on me to prove ur conspiracy theories false. Doesn't work like that. 

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You were emphatic that it was not true.   How do you know?   Or are you just suspicious it is not true?   If you know, please share your info. 

mspart

  • 3 weeks later...

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