Non Sequitur by Wiley Miller for June 03, 2021

Soon to be Mom and Pop’s Pawn Shoppe

Crypto currencies have no intrinsic value. State currencies at least are backed by the state’s ability and willingness to tax. The only value crypto currencies have is created by the hype surrounding them. It’s like the emperor has no clothes. As long as people believe it works but when they don’t it has no value

Mom & Pop’s Panhandling, formerly Mom & Pop’s Cryptocurrency Exchange, formerly Mom & Pop’s Grocery Store.

I’ll be impressed with cryptocurrency when they start a football match after tossing a bitcoin.

A mom and pop cryptocurrency store? That sounds like an oxymoron to me! ;D

Talk about spending a lot to get nothing.

Musk says, “It’s a hustle.”

I’m with Burt. Some things are better left alone. To my mind, toycoin very likely will have a worst case pandemic ending for those infected.

Cryptocurrency is the 21st century version of buying the Brooklyn Bridge,

It all started years back when mom and pop swapped out the ol’ cash register for a counter- top wireless credit card terminal.

Crypto currency sounds so confusing and, well…fake.

I mean, it’s generated by computers running billions of calculations? How does that translate to something of value? It sounds like it’s money made from nothing, coined out of thin air. How is it real?

And one coin is worth thousands of dollars? Unless Elon Musk tweets about it, then it LOSES value? WTF?

So I’m guessing Burt must be an economist by training. They’re always the last to admit they don’t know jack about economics. … right after the market analysts.

Such a nasty scam should be recognizable by now to any who remember the internet bubble and that Madoff character. But, I suppose all those new “one born every minute”s out there have to learn their own lessons. …sigh

So, how is bitcoin any more or less “real” than dollars? They are also just electrons flying about between computers. The value is paper money is not tangible, it is a negotiable note based on faith in the US government. Gold is only valuable because we have been told it is, and we believe it, but it’s just dirt that’s pretty when refined. Diamonds are just carbon, the most abundant element in the universe, that is pretty when compressed and polished. Guess my point is, all money is based on our belief in it, not what it actually is. But I agree, Bitcoin sounds like a scam…

I’m with Burt

At least it’s not Sneed’s Feed & Seed…

There are times like this when I am glad I am too old, too ignorant, and too poor to play the stock market or invest in the bitcoin fantasy. I am fortunate to be one of those Luddites who believe in paying in hard currency for everything. In God We Trust – All Others Pay Cash!

Is cryptocurrency the kind of currency that you find in an old crypt?

Soon to be “Mom and Pop’s cyber attack ’R us”

YouTube singer Chris Mann just did a parody trying to explain bitcoin investment. I felt like Gumby of MONTY PYTHON fame, “My brain hurts!”

Cryptocurrencies due have the seal of approval of Russian hackers.

My first time commenting. I just signed up. I could not immediately find info on “rules” or how to change name or make an avatar to replace the (?) image. Any help from the regulars is appreciated.

Krypto-currency… I thought that was money printed with a picture of Superboy’s dog on it!!!

Saying that they used to be a grocery store would do nothing to boost their business (and perhaps the opposite), so why the expense of the sign?

Now a days it seems everyone and their brother are mining for cryptos passively.

And for those of you not yet willing to invest in cryptocurrency, we have a lovely analog version available. They come in five cent denominations, with a selection that includes oak, willow, maple, pine, cherry… /s

You are all invited to consider investing in my new cryptocurrency TOOLIPBULB

I’ve seen Bitcoin ATMs at gas stations. This is closer than we think.

Limiting amounts in cryptocurrency exchanges or outlawing them outright would do a lot to stop ransomware attacks.

Cryptocurrencies? Why, I have some wonderful and rare tulip bulbs to sell you!

Money, no matter what you call it, only has value if you can get intrinsic goods for it.

Smart investment advice begins with “Don’t invest in anything you don’t understand”. I will never invest in crypto currencies of any type for that reason alone.

Not even a joke. I passed something called “My Grandpa’s Country Store” in Kings Mtn. NC with a Bitcoin sign out front.