Where does the money come from if you win the lotto?
Cryptocurrencies
- Thread starter biometrics
- Start date
Where does the money come from if you win the lotto?
As stupid as the exchange rate, petrol price and many stock exchange options.
It's no different from betting on the horses.
biometrics
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The lotto isn’t a ponzi scheme.
biometrics
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Oh god, are you also a crypto “investor”?
biometrics
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There is a finite pool in a horse race or the lotto.
Nope, not a cent.
Neither is my involvement in cryptocurrency. My involvement is exactly like that in the lotto.
Lara
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Hopefully it will reach at least a $ before coming back.They are right back where they started.
Lara
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Remember to plant a for sale sign on the moon.
Lara
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On the return trip it's losing value.
SoldierMan
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Treasury nominee Yellen is looking to curtail use of cryptocurrency
Yellen argues many cryptocurrencies are used "mainly for illicit financing."
Cryptocurrencies could come under renewed regulatory scrutiny over the next four years if Janet Yellen, Joe Biden's pick to lead the Treasury Department, gets her way. During Yellen's Tuesday confirmation hearing before the Senate Finance Committee, Sen. Maggie Hassan (D-N.H.) asked Yellen about the use of cryptocurrency by terrorists and other criminals.
"Cryptocurrencies are a particular concern," Yellen responded. "I think many are used—at least in a transactions sense—mainly for illicit financing."
She said she wanted to "examine ways in which we can curtail their use and make sure that [money laundering] doesn't occur through those channels."
Treasury nominee Yellen is looking to curtail use of cryptocurrency
Yellen argues many cryptocurrencies are used "mainly for illicit financing."arstechnica.com
Oh you mean kinda like cash.
Yeah just come out and say it, you don't want anything being used that you don't have control over you little grey haired gremlin.
On the return trip it's losing value.
Hopefully it's not reached the moon yet.
Prom
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No, it keeps jumping as I place my order so now I just watch and perhaps it reaches 0.01 again. Under 0.05 again now. This doesn't look like a natural rise so it will settle somewhere before climbing at least.
What's a natural rise mean?
Prom
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Slow and steady. Not these quick artificial pumps that end in a dump.
Looks like it was an artificial pump.
SoldierMan
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Sorry haven't been following but are you saying that Bitcoin is a ponzi?