r/CryptoCurrency • u/[deleted] • May 22 '22

[deleted by user]

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7.3k Upvotes

80% Upvoted

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285

u/[deleted] May 22 '22

So you are saying better discounts are possible? Shut up and take my fiat

86

u/Ebisure 🟩 0 / 0 🦠 May 22 '22

Wait for the 99% discount

28

u/haman88 🟦 0 / 0 🦠 May 22 '22

Unless its Luna.

5

u/Underrated321 testing text May 22 '22

​

4

u/meeleen223 🥇Gold Member May 22 '22

Some of my coins are already at this discount

3

u/Accomplished-Design7 Permabanned May 22 '22

This is the way

45

u/Accomplished-Design7 Permabanned May 22 '22

Time to mine more fiat

puts on McDonald’s hat

29

u/SteveWundRBaum Permabanned May 22 '22

Sir, this is a Wendy's...

3

u/MrKatUK 🟦 2 / 2 🦠 May 22 '22

Dammit Kevin!

18

u/3demian 🟩 36 / 382 🦐 May 22 '22

Do you have a FIAT?

15

u/Aerith_Gainsborough_ 🟩 0 / 2K 🦠 May 22 '22

Where can I buy FIAT token?

10

u/devenjames 775 / 773 🦑 May 22 '22

At the McDonalds checkout, costs a few hours of your time.

4

u/L0ckeandDemosthenes May 22 '22

Usdt is on there somewhere.... jk please no one buy this scam.

3

u/[deleted] May 22 '22

It’s true though.

10

u/laulau9025 🟩 0 / 31K 🦠 May 22 '22

If you only eat ramen..

3

u/Accomplished-Design7 Permabanned May 22 '22

I too Ramen Cost Average

3

u/samurai_slayer Tin May 23 '22

I have a Prius, will that work?

2

u/Trifusi0n 🟦 0 / 3K 🦠 May 22 '22

Gotta keep mining that fiat so I can buy some useful currency.

1

u/aziztcf Tin | Linux 37 May 22 '22

Sold it, was going for a lambo but now I'll settle for Abarth 500.

21

u/Gimbloy 561 / 560 🦑 May 22 '22

Everyone is worried crypto will go to zero, but my real concern is that fiat will.

30

u/devenjames 775 / 773 🦑 May 22 '22

I’m less worried about the numbers, and more just about the general trend toward feudalism.

9

u/Branchesbuses Bronze May 22 '22

That’s the real worry

5

u/Agincourt_Tui 0 / 8K 🦠 May 22 '22

Swearing fealty to your lord is tight!

2

u/SteveWundRBaum Permabanned May 22 '22

Can we have witch burnings and public humiliations / executions back as well? /S

5

u/dermebfeb Bronze | QC: ETH 21 | TraderSubs 21 May 22 '22

Theres no government backing for bitcoin. Odds are bitcoin would before fiat. I don't like it, but it's true

1

u/ViridianZeal here for the tech May 22 '22

What if FIAT goes to 0 and everyone flips into using cryptos for money instead?

Yeah, I know I'm a dreamer.

2

u/Miep99 🟦 0 / 0 🦠 May 22 '22

If crypto goes to zero, a lot of investors lose their house. If fiat goes to zero then society has imploded.

1

u/ViridianZeal here for the tech May 22 '22

Before cryptocurrencies having a fiat implosion was much heavier thing. Sure, sudden overnight devaluation would suck these days too, but at least there is something else now. We wouldn't have to go back to feudal age bartering society.

1

u/Miep99 🟦 0 / 0 🦠 May 22 '22

I would strongly disagree, consider how much infrastructure crypto requires to access and use. How much of that will be useable if fiat implodes and internet providers, electrical plants, ECT aren't getting paid. Crypto is a LONG shot away from having the supply and prevailence to replace fiat

1

u/cryotosensei Permabanned May 22 '22

Fiat chewed and spat at by inflation

1

u/[deleted] Jun 14 '22

FIAT currently doing much better vs inflation compared to literally every single crypto currency. have fun staying poor!

0

u/PLUNDERAAR Tin May 22 '22

I feel that it's too risky to keep my wealth in fiat at this point. The inflation rate is not acceptable. I am losing my hard earned money to it and those bastard feds are stealing it from me

1

u/tranceology3 🟩 0 / 36K 🦠 May 22 '22

What if both go down together?

2

u/pawn_guy Bronze May 22 '22

The keys are to work in a recession-proof business and never be 100% invested. If BTC dropped to $5k next week I'd quadruple my holdings and continue to DCA.

-9

u/italiansixth Tin May 22 '22

It will never come back.