Guys/Gals it’s posted in the meme community, clearly this did not happen. The joke is funnier in the first person.

    • Chakravanti@sh.itjust.works
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      1 year ago

      Came here to say this. Of course your downvoted. Bitcoin is the snitch coin. Makes it perfect to force all businessestio use it and it ONLY with any business funds. Anything otherwise is literal embezzlement.

      Monero is private and cannot be tracked. Makes it perfect for personal and any and all business MUST handle BTC then. For the rest of us, swap for your business payment on Bisq.

  • MsPenguinette@lemmy.world
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    1 year ago

    I could shame OP for falling for the crypto hype but I think the more important lesson here is to never ever mix family and finances.

    Even if you know for 100% fact that you have a slam dunk investment, it’s not worth it. Money corrupts.

    Never loan money, even if you don’t expect it to get paid back. It creates a power imbalance. Envy and resentment for you having money is better than creating any financial ties.

    Never go into business with family.

    Don’t mix finances and family. Family is more important than money.

  • Snot Flickerman@lemmy.blahaj.zone
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    1 year ago

    I would never, ever suggest anyone get into crypto. It’s far too volatile for any type of reasonable investment scheme.

    The only reason I even have crypto is so I can donate to the private torrent sites I am on.

    Crypto isn’t outright evil, but you really should only use it if you have things to use it for, and aren’t trying to game the system to get rich quick.

    Honestly, anyone playing such “get rich quick” investing games with crypto needs to be honest with themselves that maybe they’ve got a gambling problem.

    • cannache@slrpnk.net
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      1 year ago

      Nah I don’t suggest anyone ever invest in crypto but simply to observe in the apps and be open minded, e.g. if you invest 10 dollars and watch the scene for some time you can see where things are going and have a long view rather than their 1000s in a big gamble. I doubt anyone I know is that dumb anyway

    • Scrubbles@poptalk.scrubbles.tech
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      1 year ago

      I did when family asked me. I said it’s a good way to play with spare cash that you have no qualms about losing. That it’s the most volatile place you can put your money, either making a few bucks or losing it all

      That’s how everyone described crypto, right?

      • Sigh_Bafanada@lemmy.world
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        1 year ago

        My mate made 15k the other day from investing in a shitcoin. Then he told us about all of the other shitcoins he invested in that went to zero.

        Overall he does make a profit, but that’s with a lot of knowledge in the sector and a lot of understanding that you’re going to lose far more often than you win.

    • Midnight Wolf@lemmy.world
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      1 year ago

      Unless they hate their family and want to see them come crashing down in a ball of fire and misery, finally getting what they deserve for decades of pain they themselves created

      …why are you looking at me like that

    • untakenusername@sh.itjust.works
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      1 day ago

      lowkey with all the volatility in the US dollar and stuff, I’d at least consider learning the mechanics behind the scenes for it