Welcome to Just Commodores, a site specifically designed for all people who share the same passion as yourself.

New Posts Contact us

Just Commodores Forum Community

It takes just a moment to join our fantastic community

Register

Crypto Currencies

Status
Not open for further replies.

mpower

Well-Known Member
Joined
Jan 22, 2007
Messages
5,078
Reaction score
1,713
Points
113
Location
Brisbane
Members Ride
V2 CV8 Monaro and VF SSV Redline
so many missing the point.

WHOOOOOSH, there's the sound of it going straight over your tiny pee brains.
 

Skydrol

Well-Known Member
Joined
Dec 4, 2013
Messages
1,043
Reaction score
10,916
Points
113
Location
USA
Members Ride
Pontiac G8 GT
So, what is a Dapp? A Dapp, or decentralized application, is a software application that runs on a distributed network. It's not hosted on a centralized server, but instead on a peer-to-peer decentralized network.
 

greenacc

Searching for the billion
Joined
Jul 13, 2008
Messages
6,892
Reaction score
3,061
Points
113
Location
Sydney
Members Ride
VE Berlina
Digging holes in the ground (mining) and selling houses to each other at inflated prices. Australia is actually classified as a developing country now because we don’t have many secondary and tertiary industries.
Developing is being too optimistic. That should say regressing country to be more precise. Idiots have been in charge for too long. Lot of people going to need parachutes very soon, it's only hot air and red dirt keeping Aus afloat now.
 

wetwork65

A wet business
Joined
Mar 12, 2006
Messages
1,366
Reaction score
2,045
Points
113
Location
Sydney
Members Ride
VF SSV Wagon & VF SV6 Wagon
So, what is a Dapp? A Dapp, or decentralized application, is a software application that runs on a distributed network. It's not hosted on a centralized server, but instead on a peer-to-peer decentralized network.
[/URL][/URL]
This was written over 2 years ago.
So this type of app won't be fashionable to stick your hard earned into any more.
(I was going to say OK Boomer, but that's so 2018)
 

Skydrol

Well-Known Member
Joined
Dec 4, 2013
Messages
1,043
Reaction score
10,916
Points
113
Location
USA
Members Ride
Pontiac G8 GT
This still around and is a good explanation about DeFi.
 

Immortality

Can't live without smoky bacon!
Staff member
Joined
Apr 15, 2006
Messages
22,477
Reaction score
19,932
Points
113
Location
Sth Auck, NZ
Members Ride
HSV VS Senator, VX Calais II L67
Smooth move....


It's the way of the future, future bankruptcies and defaults!
 

Skydrol

Well-Known Member
Joined
Dec 4, 2013
Messages
1,043
Reaction score
10,916
Points
113
Location
USA
Members Ride
Pontiac G8 GT
Who knows but to be honest, I see the US defaulting on the national debt. We are burning through cash like nobody on a global downturn. The USD is the cleanest pair of socks in the laundry basket. If you compare the purchasing power to other currencies, the USD is doing pretty good, however, the Rubble is moving up.


Looking how Cryptos are petforming against the USDs, they are doing better.


If you are using the USDs as a benchmark, and compare other world currencies, you can see how poorly they are performing. So I see why other nations are looking for ways to move away from the USDs.

How that quote goes?
How did you go bankrupt?"
Two ways. Gradually, then suddenly.
Ernest Hemingway
 
Last edited:

J_D 2.0

Well-Known Member
Joined
Mar 20, 2020
Messages
2,928
Reaction score
6,800
Points
113
Location
Ipswich
Members Ride
2009 VE SSV M6 on LPG and 2022 Kawasaki Z650L
Who knows but to be honest, I see the US defaulting on the national debt.
Or the US fed is trying to inflate the debt away by increasing the M1 money supply from 4 trillion pre pandemic to 20 trillion post pandemic. Thats Weimar Republic levels of money printing.
 

Skydrol

Well-Known Member
Joined
Dec 4, 2013
Messages
1,043
Reaction score
10,916
Points
113
Location
USA
Members Ride
Pontiac G8 GT
Or the US fed is trying to inflate the debt away by increasing the M1 money supply from 4 trillion pre pandemic to 20 trillion post pandemic. Thats Weimar Republic levels of money printing.

Tell me about it. They are inflating the currency to cheapen the debt. The game cannot go any longer, some is going to snap. I am waiting for the day that people realize the currency is an IOU to nothing. Then, you will see a Weimar Republic condition and worldwide. The demand for USDs globaly is slowly declining.

To quote Max Keiser on his comment on the US Fed Res "You can't taper a ponzy scheme"

plunder.png
 
Last edited:
Status
Not open for further replies.
Top