NFT's are Fundamentally a MLM-Type Scam Designed to Get You to Buy Crypto

Try again,

You don’t represent anyone, Aaron.

If I’ve personally insulted you some how, then be clear about what specific action set you off. If you are Arumi, then just make it known.

Of course, I would then need to ask why you are using multiple accounts to try and make your argument…

–Gadget returns

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Sorry, that you’re an alt argument won’t work with me, everyone knows me and my big mouth and I live in the UK not the USA.

You’re not really following this thread are you? you’re just here for fun and trolling. I’m here to understand and inform about crypto and give an honest account of my finding being a crypto miner.

Garbage statement intended to deflect from the actual questions asked.

I don’t care where you live.
“Everyone” does not know you.

You haven’t bothered to deny that Arumi is an alt.
That should be a simple thing…

Is this one of those prideful never-be-seen-as-making-a-mistake machismo things?
Are you honestly incapable of saying, “My bad, I thought you were talking to me”?

Is your shovel getting dull, or would you prefer to keep digging?

–Gadget has a sharpener here somewhere you can borrow

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You’re not following…How can I be Arumi…He describes life in the USA…I live in the UK…

I’m fully aware you wasn’t talking to me.

I just don’t like your one liners because that’s all you do. I like to read some reasoning to your viewpoints not just silly childish trolly one line responses.

/eyeroll

It’s the internet Aaron.
You can be Batman and live in Siberia, the Yukon, Buenos Aries, and Shanghai… all at the same time.

I refuse to believe that you are unaware of this…

As for not liking my statements - which do serve a point, whether you can understand them or not, I will not apologize for them unless you felt personally slighted by a specific instance. Point it out if so, and if I feel I went too far, then I will do so.

That’s what being a good member of society does…

I’m Gadget (and a few hundred other personalities) in a dystopian game.
Outside EvE, I aim to be a good citizen.

–Gadget’s Controller

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No big deal, I just think your points are a bit childish and evidently you can do better.

They are snarky and pithy. I acknowledge that.

But they are made to highlight a flaw in an argument, to offer an alternative reading of something (generally so the poster can tighten an argument), or to point out someone who is not arguing honestly.

Occasionally I do snark for humor - usually when something is ridiculous, or when tensions need to be lowered. I try to make that as obvious as possible.

Oh, and I do try to stay in character as well…

–Gadget Responds

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Just a suggestion, it might be an idea to just point out the flaw in their argument or just explain why you think someone is being dishonest so they can effectively respond back to you in a mature way and perhaps revise or clarify their point.

If there’s one thing we might agree on is that there is confusion within the crypto world. I just felt this thread is an opportunity to get a few things clear about crypto.

I’m sorry if I offended you.

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Apology accepted @Aaron :wink:

:smiling_imp: :smirk: :dealwithitparrot:

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He has no reason to deny that I’m an alt because I’m clearly not an alt. We even talk differently. Should I deny that I’m not POTUS for your convenience? People who presume things typically presume things about the stuff they talk. Such presumption reveals that any credibility one has is less than impeccable and when faced with such circumstances makes one unbelievable.

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To day I learnt : Aaron is POTUS.

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I saw that. I kept it there on purpose.

I’m not entirely sure you’re not one of MY alts…

–Gadget will check the rosters

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@Arumi_Liz So do you feel crypto mining is something you can commit to in your life? I see on youtube some guys have a huge crypto setup in their garage and an array of solar panels in their garden and on their house roof, some guys have rigged up an array of truck batteries to store the power. Do you share this vision for yourself?

I’m looking at building another 8 GPU AMD rig.


Bitcoin was a way to circumvent traditional banking infrastructure after the 2008 financial collapse.
But it’s clear it wasn’t for the people. It was for the angry banksters that raged with hate against the governments that held them accountable. They now have made a playground where the average person ownes nothing(tokens) and they own everything (your cash).

This guy tweeted about the scam, and I was reading the comments as those are always a goldmine. One of the posters was explaining how millionaires used this as a tax evasion scheme.

The bitcoin does help (former and current) dictators who get punished by governments;

And the poor artists get rich. Well, no, but at least they see how much money their art-copies are sold for. lol Remember the post where you preached how rich they would be ? Well, someone who likes to do art as a passive job -with no wage- but just free bitcoins… does grab the money. :smiley:

In January, the daily value of crypto-asset trading exceeded 2 billion rand ($141 million) for the first time in South Africa, suggesting significant appetite in a market that was largely going unchecked by regulatory powers.

The issue is that once the criminals don’t need it anymore, who will bail out the investors? Oh, see, crypto adverts everywhere… to get people in so others can get out.

Anyways, making a year-back check of the value it appears it’s a loss.

Not sure if I want to invest in hardware to make the ultra banksters rich. But if you get crumbs, why not do it. The cost of bitcoin creation will always be slightly positive and adapt as the higher scams can’t run on top of it without the every expanding ledger. As far as I can see, it’s a multidimentional scam, very clever. And because it’s new and the IRS doesn’t know how to treat it, it can go on for a while before it collapses. And at that point you don’t want to be in it. But as you said, you cash out as soon as possible as you are very informed about the collapse risk.

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Actually no, it was only mined by computer nerds at first with some early miners being millionaires now. The graph tells the story, it had low value until 2017 but it was created in 2009.

Ok, here is a list of major companies who accept bitcoin as payment for some of their services;

Microsoft, Burger King, KFC, Subway, Twitch, Pizza Hut, Virgin Galactic, New Egg, The Pirate Bay, 4Chan, Amazon (not directly),

Now you notice some big names there, and it is fact that these companies accept bitcoin. Very intelligent people own and work within all of these companies and they have worked extremely hard to build their companies from absolutely nothing but their skills.

Could you please explain to me how any of the companies I mentioned could possibly get scammed on such a massive scale?

The fact so many large companies are involved reinforces my confidence in the crypto industry. And I genuinely believe I have made a great financial move being a miner.

Wow, one can mine crypto and use it to pay for your fast food, this is so futuristic and cool.

Then I guess I will learn how to create a crypto currency, once established I will assign myself some and create it so that it will help make legal private transactions easy. then wait to become a billionaire.

Ignore it if you like, but there will always be a strong demand for privacy especially as time moves on and we all become more connected.

Another thing you might not be considering is that the race is on to build a metaverse where crypto and NFT’s could be one of it’s main features. Microsoft and Facebook seem to be leading the way, with my money being on Microsoft, they have been creating games since the early 80s.

Crypto mining is something I cannot commit to due to my personal circumstances, but I know bitcoin can be earned and traded so I make it via alternative means. While I’m not gonna go into detail about what I do for bitcoin, I do know people have earned it via streams and content creation as a form of payment/donation. I know there was a twitch streamer who was donated 24 bitcoin at one point while playing runescape and at the time that was over 50k pounds according to an article I read. I have even considered doing some content creation and opening as many avenues for a revenue stream as possible.

@Aedaxus, the banks literally were given free money for their lack of accountability because they were deemed to big to succeed and since then they have had many more bailouts. Only difference between now and then is that they don’t report the bail outs on the news anymore. They’d rather propagandize us for various wars against ourselves and other countries. Also, millionaires tax evade all the time before bitcoin was a thing. On the dictator note, the same thing happens in every major country. Go look at a debt clock at some point. The debt they borrow from increases and is never paid back as it is. The dictator thing imo is a misdirect from governments since the hardly ever clean their own swamps. There will always be scammers and exploiters in real life but if someone chooses to donate to a channel with bitcoin instead of using paypal, the content creator did no wrong there.

Bitcoin is going to stay in the near foreseeable future as far as I can tell. At least in America considering the fed is talking about regulations and making it more secure instead of shutting it down. They’ll shut down the scammers though like they did to that couple for the 2016 hack.

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Bitcoin has nothing to do with the too big to fail companies you mention. They did great and peaked before bitcoin even existed. You forgot to add “The Mona Lisa” in the Louvre would never be made if it wasn’t for the people in those days dreaming of Bitcoin. Sure, lol.

Burger King, KFC, Pizza Hut, ← that is one big company lol. And they see Pizza Hut as an issue. They had to close many restaurants so they are actually hoping to use bitcoin to have the local shady people as an added commerce. Add some phrase like “Because they want privacy by being filmed entering their shops lolz.”

Virgin Galactic , The Pirate Bay, 4Chan ← ROFL. Now here you have the real ‘freedom puppets’.
All sponsored by shady people doing shady things.

Amazon (CONVERT INSTANT). ← Anything can be bought by bitcoin indirectly, you sell your coins as soon as possible for £’s as you mentioned.

Microsoft, [CONVERT INSTANT]
"When you redeem Bitcoin to deposit funds into your Microsoft account, you can use it to purchase games, movies, and apps in the Windows and Xbox stores. You cannot use these funds to purchase items in the Microsoft online store. Money added to your Microsoft account using Bitcoin can’t be refunded. You can’t use money in your Microsoft account to buy gift cards.
Most Bitcoin transactions should process immediately. If it doesn’t, please wait up to two hours for the transaction to complete before contacting support. Support for adding money to a Microsoft account with Bitcoin is not available in all countries and regions.

  • Conclusion : Not a lot of companies can afford the risk. Only the big ones can use it to compete with the weak. You have proven that the ultra rich go hand in hand with controlled opposition. Anyone knew that already.

We went over this again and again, it’s not private. YOU told me.

Another ‘religious’ statement. First, what would be put on the blockchain? On what blockchain would it be?
Microsoft and Facebook want to control “The NFT market” but then again, what is it? Just a token for some “achievement”? Why would it not just be in your account? Another attack on anonymity?

With the proof you gave us that bitcoin and transactions are NOT anonymous at all, why are you still persisting on anonymity? You want to brag about your achievements. I bet you will have no rights and be happy.

I know everything is anonymous but here is the actual info. Reddit - Dive into anything

Usually when I donation like this happens on Paypal it’s a fake donation and the fee is refunded. Obviously with Bitcoin this isn’t an issue.

How come you keep on blatantly proving bitcoin is a scam? At least Aaron tries to talk around the problems, you just keep refering to the worst aspects, and you can say “oh, yeah, it’s totally scam and fake but ya know, it’s the future”.

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I’m not proving it’s a scam. You’re just saying that because you have a stink against personal power.

Also, just because a bunch of redditors say something doesn’t make it true. They are some of the most mundane people on earth and their subconscious knows it but their ego doesn’t. It’s why they always “feel so small”. You just proved you’re nothing more than normal.