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[Rogerdodger]

Dultmeier Sales Catalog now offers Crypto Car Wash accessories.

Now you can literally watch your crypto cash go down the drain.

 

 

[Rogerdodger]

Legalizing Bitcoin will 'completely collapse El Salvador's economy' - Steve Hanke

Bitcoin's transaction fees are high when converting to U.S. dollars, which is the currency that El Salvador uses.

"The big problem with cryptos, in general, is that you can't convert them into actual real legal tender that's usable cheaply, and quickly," Hanke told David Lin, anchor for Kitco News. "You can't Bitcoin, for example, cheaply and easily convert into U.S. dollars."

The problem can become so severe that the country could be drained of U.S. dollars through Bitcoin transactions, and the entire economy could "collapse", Hanke said.

Edited by Rogerdodger, 15 June 2021 - 03:22 PM.

[Rogerdodger]

90% of NFTs Will Be Worthless, Declares COINBASE Founder ...

 

Coinbase cofounder Fred Ehrsam drew parallels between the rise of cryptocurrencies and the dotcom boom of the 1990s. “I go so far as to say that 90% of NFTs produced, they probably will have little to no value in three to five years,” Ehrsam said. “You could say the same thing about early internet companies in the late ’90s.” To him, NFTs are no different than any other crypto project born out of the hype overnight. People are going to try all sorts of things. There’ll be millions and millions of cryptocurrencies and crypto assets, just like there were millions and millions of websites. Most of them won’t work,” Ehrsam explained.

Edited by Rogerdodger, 18 June 2021 - 10:00 PM.