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Different organizations allowing Crypto trading similar to securities does not mean anything about adoption or actual use.
I like how you completely skipped over the "not used by anything other then buying drugs" part and went on to talk about a "collapse" of a huge economy that is, by the way, doing just fine. I'm sure you are one of those guys who have been hyping up how we are all going to be using crypto and blockchain for everything "Soon" since about 2015. How are your NFT's doing btw?
Germany has an extremely robust social net, huge industrial base, their Military industry is on a huge uptick and with the rash of spending all across the world they will do just fine.
Not everyone is obsessed with the "number go up" mentality that has, like a cancer infected a lot of people.
Maybe you should google how the GDP and quality of life graphs look for EU countries vs many of the countries that have much better GDP numbers to actually understand that going all in on gambling economy which Crypto definitely is doesn't really do anything for most of the people.
Crypto is and always has been a solution looking for a problem, sure, it did make some players re-thing traditional finance and that's about the only good thing to come out of it, if we Europeans get to dump American fintech companies and start paying for things without involvement of any bank other then the central one here, that's great, it sure won't require a stablecoin or any of the dumb, wasteful technology around Crypto.
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On November 12 2025 04:22 Jankisa wrote:
Different organizations allowing Crypto trading similar to securities does not mean anything about adoption or actual use.
I like how you completely skipped over the "not used by anything other then buying drugs" part and went on to talk about a "collapse" of a huge economy that is, by the way, doing just fine. I'm sure you are one of those guys who have been hyping up how we are all going to be using crypto and blockchain for everything "Soon" since about 2015. How are your NFT's doing btw?
Germany has an extremely robust social net, huge industrial base, their Military industry is on a huge uptick and with the rash of spending all across the world they will do just fine.
Not everyone is obsessed with the "number go up" mentality that has, like a cancer infected a lot of people.
Maybe you should google how the GDP and quality of life graphs look for EU countries vs many of the countries that have much better GDP numbers to actually understand that going all in on gambling economy which Crypto definitely is doesn't really do anything for most of the people.
Crypto is and always has been a solution looking for a problem, sure, it did make some players re-thing traditional finance and that's about the only good thing to come out of it, if we Europeans get to dump American fintech companies and start paying for things without involvement of any bank other then the central one here, that's great, it sure won't require a stablecoin or any of the dumb, wasteful technology around Crypto.
1. trading is a transaction. Polygon market is absolutely massive for betting scene. So no, we have gone far beyond "buying for drugs", we literally have people being paid in bitcoin. Money use case isn't just for transaction, let alone crypto is build to be more like asset. If you hold any money in a saving account, or sitting in broker, what's that for then?
2. No. I don't own NFT. But you do know tokenized stock is using NFT technology? Do you think stock market and banks closing hours is normal?
3. Being stagnation/recession is fine? Um what. What you want is real GDP growth.
4. Social welfare is a cost. Why are you expecting it to strive under a stagnating economy?
German welfare state 'can no longer be financed' — Merz – DW – 08/23/2025 https://share.google/ChPSkRkVTFRcqrKhL
5. Number going up isn't the only thing. Germany is having piss poor real GDP growth and relative growth.
6. yeah, better social welfare is great.
So it seems you are happy as long as social welfare can keep up. Great
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Crypto is a perfect scheme for the extractionist institutions that just want to suck capital away from everything and concentrate it. That's it - at least for now. However, there are very interesting use cases, and if society is willing to actually adopt it, it could be extremely interesting, but for now... way too many fundsdrainers.
The current state of crypto is nothing but cynical opportunity.
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On November 12 2025 04:46 Uldridge wrote:
Crypto is a perfect scheme for the extractionist institutions that just want to suck capital away from everything and concentrate it. That's it - at least for now. However, there are very interesting use cases, and if society is willing to actually adopt it, it could be extremely interesting, but for now... way too many fundsdrainers.
The current state of crypto is nothing but cynical opportunity.
99% of crypto are shitty "projects", but the 1% is going to play a huge role in fintech.
You don't actually need the society to adopt via some social experiment, which is why I said the "crypto makes no sense" people don't matter.
Same way no one need to know how JPEG or email works in the backend, it will be adopted one way or another.
I am just entertaining the "crypto is for drug and scam" people, it's always fun to see how far behind they are, like they are so used to banks and stock market having open dates and hours, or oversea transaction taking days to do, longer for final settlement.
Blockchain/crypto already has significant advantages than tradfi, this is why NASDAQ is looking to launch tokenized securities,
https://share.google/S05zd4Elh3Hl74hPM
lots of nations are launching stablecoins already, yes, including European banks, because once again US is so very far in the lead.
(But that's also kinda because USD is the reserve currency)
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Northern Ireland26020 Posts
On November 12 2025 03:54 KwarK wrote:
You’ll never get a sensible response out of cryptobros, there’s not much point in waiting for one.
Just as for the widespread adoption of crypto as a general-use currency. SoonTM
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Oh, so you countered the "what's the use case" with "gambling, duh". Touche.
There is no difference between polymarket using a stablecoin and Fanduel or whatever gambling shop people use having "account balance" that's in a normal database.
You have not, except of excreting a lot of jargon and vague hand waving provided any actual use case other then gambling and drugs.
European banks aren't looking to issue stablecoins because that would be dumb and useless, the European central bank will issue a digital Euro which doesn't have anything to do with Crypto because using blockchain would be wasteful and stupid.
Average German is having a much better life then average American or Chinese citizen, since I visit the place and have friends living there, I can tell you that they are doing OK, I'm sure actual German citizens in this thread can confirm that the sky is not falling, the only economy that without the AI bubble would be in a Stagflation is the USA (higher inflation then Germany, btw), and with it's embrace of Trump, Crypto and gambling I'm sure that is going to work out great for them.
I don't get how you aren't tired of spewing the same bullshit for a decade while the technology moved exactly nowhere in the same period.
AI might be a bubble but it's actual useful, Crypto is just a bad, outdated and wasteful technology, basically gambling for nerds who are getting played by corrupt fucks like Trump and his family as well as every other whale out there.
If you want to learn something about finance, maybe pay more attention to actual smart people like Warren Buffet, or even hyper capitalists corpos, none of them are touching Crypto with a 10 foot pole, all of them are knee deep in AI.
Maybe try to snap out of your Crypto cult bubble and try to think for yourself for a change. I bet you are still "invested" in GME.
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I dug deeper into Mamdani's free transit proposal. You only get on the Bus for free. You must pay to enter the subway. Talk about a nothing burger. Lol.
In the Bronx buses go 7 mph or less than 3 times as fast as I walk. Once you include the time waiting at the bus stop... No wonder ridership is down 40% since the pandemic.
So we're getting slow free buses and 5 grocery stores for 8+million people. Lol. Hochul has already said she won't raise taxes.
https://www.cbsnews.com/newyork/news/zohran-mamdani-new-york-city-free-buses-kathy-hochul/
"I cannot set forth a plan right now that takes money out of a system that relies on the fares of the buses and the subways," Hochul told NY-1 while in Puerto Rico. "But can we find a path to make it more affordable for people who need help? Of course we can."
Holy DoubleSpeak Batman!!
https://thehill.com/homenews/state-watch/5577159-hochul-mamdani-rally-chant/
“I will say one energetic rally does not get me to change my positions. I assure you,” Hochul said. “But I do hear people’s voices, I process what everybody says, but I also have to balance governing this state and making sure that those people who are actually the reason we have a generous supportive budget that helps lift people up, it’s their revenues that we tax"
I can sum up this word salad: 'i am sorry you feel that way' 😁
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On November 12 2025 05:19 JimmyJRaynor wrote:
I dug deeper into Mamdani's free transit proposal. You only get on the Bus for free. You must pay to enter the subway. Talk about a nothing burger. Lol.
What is there to dig deep into? Hasn't he been saying "free buses"? Or has he been saying "free buses and free subways", but is only intending on the former and not also the latter?
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EPT
