BS

-bit-thorny-

Been discussed to death for many months. Waste of time. It's BS.

CipherScarlatti

So, with the BS "Peace Deal" Trump's making up, we can bet stonks will go up Tuesday. What do we think crypto's going to do? Mirror the market or the opposite? Discuss.

jeremiahcp

It doesn't matter. The fact that he is a politician is not a justifiable reason to excuse him from the law. That is not even remotely a valid justification. That is total BS. He can argue prejudice or whatever else he wants in court, under oath before a jury of his peers, just like everyone else. And let's be realistic here; there is no way that one sheet of paper is going to hold up in an actual court of law.

Patient-Ordinary-359

cause crypto is imaginary value, built on digital BS that no-one cares about. If the whole crypto network crashed permanently tomorrow, almost no-one would notice.

ThisusernameThen

this is a BS bingo post yeah. 3/5

Middle-Musician-7245

This post without SS of short position is BS

palebloodslayer

I saw the exact same post yesterday, but instead he would’ve made 21 mil if he did S&P. I call BS

Previous-Law8874

Crypto is BS because you are down , it made complete sense when it was up up up when Trump said ‘ Bitcoin reserve ‘ , ‘ crypto capital ‘

mrmattipants

Exactly. In this type of scenario, you certainly never follow the link in the email. Instead, you type the website url directly into your browser address bar (google.com, gmail.com, drive.google.com, etc.), then open your Account Settings and check if there is a "Pending Verification" Message. If there isn't one, the Email is BS and you either ignore it or send it to junk. It's that simple. Unfortunately, once your account has been breached, the chances of recovering it are slim to none. You just have to pray that the intruder doesn't lock you out, because once they do, it's over. Neither Google or Microsoft are going to help you, for obvious liability purposes.

NectarineNegative769

It's BS. Now bonds are ticking up, btc is reducing. Bonds pay coupons, crypto pays nothing 

jeremiahcp

Sure, call BS if you want, I see no reason not to believe it, and just because I do, that doesn't mean I endorse the actions of that human shit bag Trump and the US government, I am just recognizing that the Iranian government is just as fucked up and it seems likely to me, that as they were getting bombed to fuck, they might have lost track of some mines.

jeremiahcp

WTF are you talking about? People have been calling Trump's crypto BS a scam since day one.

jeremiahcp

I didn't make claims about any source shit for brains. I avoided that BS on purpose.

ARoundForEveryone

Cash out now. Maybe leave your initial investment amount in there as a gamble in case it continues to skyrocket, but take your profits. Put it in your bank account. Then seek traditional investment advice, either in non-crypto subreddits or from your parents. Maybe they'll say just keep it in the bank for now. Maybe they'll suggest traditional stocks, bonds, and indexes. Maybe they'll say to keep it in crypto, but in more traditional coins like BTC and ETH. On the other hand, *and this isn't my suggestion just another viewpoint*, you're very young and likely not responsible for your own financial well-being. If that's the case, maybe it's OK to go balls deep on shitty and questionable memecoins and buying into whatever BS hype they're trying to sell you. Some memecoins just sputter and die slowly after their launch. Others rocket 10, 20, 50, and 100-fold in a relatively short period of time. And then, at some point and almost definitely, die out. And while you might not want to post actual quantities or fiat-equivalents, if you choose to do that, be consistent. You mention 15k eu, which I assume is Euros. Then later you mention dollars (USD, I assume). Don't make us do conversions and calculations if the fiat equivalent is important to the situation. Regardless, my recommendation is to withdraw and cash out, leaving just your initial investment amount. So if it goes down, you will have already secured profits. If it goes up, then, well, that's what you want, right?

MajorAnamika

Sorry coach, nobody will fall for your BS. You should have tried this  during the 2021 mania.

mallanson22

All currency is BS, only worth what value we assign to it. We literally made it all up.

Lovevas

It's BS when you lose money. It's not BS when you make money. So far it's profitable to me, so I will not call it BS, but if I start to lose money, I will call it BS. I only hold BTC, and avg cost is low 4-digits, so still time before I call it BS.

Surebuddy112

It is total BS, including bitcoin, only thing it has done in the world is allow crime, crypto casinos, scams etc

vargyg

99% of crypto is BS. The other 1% is also BS

NonVideBunt

Most crypto is BS. Time will tell if all crypto is BS.

Low_Carpet9764

Hold BTC/ETH and utility alts w maybe max 1-2 memes if u like a gamble. Everything else is BS

finnomo

Try to move a few thousand dollars through European payment service when you don't have a clear proof of income source. Then help me understand why fiat is not total BS.

clkou

It's probably not all total BS but there definitely is a LOT of BS. To me as a casual outsider, we have all heard the stories of someone buying a pizza back in 2010 or whenever with Bitcoin that could make you a millionaire today. I think the lionshare of crypto hype is just FOMO and wanting to not miss the next Bitcoin opportunity. The truth is that gambling or black swan events like that have always been around. If you had bought $1000 worth of Nvidia stock at IPO and just held it would be worth roughly 9 million today.

cryptolipto

I’m sure the DTCC just spent all the time and effort putting this together because they think crypto is just BS and a total waste of time https://www.dtcc.com/-/media/collateral-infrastructure-white-paper.pdf

amsas007

It's not BS if you want to scam people, gamble, or pay for illicit things. That's literally about it. Virtually 0 useful use cases, unless you consider bribing trump or rugpulls useful.

EasyEar0

What is the BS line? Bitcoin absolutely is a crypto and it's not even a particularly good one (to the extent than any of them are "good"). I'm convinced this is just something Bitcoin holders are saying in an attempt to disentangle themselves from the rest of the useless, scummy ecosystem that is crypto trading. 

BeardedMan32

It is, the problem is every fiat currency is also BS.

NaabKing

Crypto is total BS, Bitcoin is not. Crypto =/= Bitcoin.

KrapnikSucks

Just because you haven't made money speculating on something doesn't mean it's "total BS". First off, you probably bought during a speculative FOMO period, guaranteeing a loss for yourself. Secondly, crypto wasn't designed to be a pump and dump investment, its purpose is uncensorable money. Cryptocurrencies that are mineable, well-distributed, and have a community of people who use them for financial transactions are miniature monetary ecosystems. You can join them and leave whenever you want. Don't expect to get rich. But you can learn how to manage your own money without some corporation spying on you and controlling what you do with it. That is all

Icy-Way3920

dont buy anything besides BTC, ETH everything is BS and the founders of these coins only want one thing, extract as much money from it as possible, i know because ive worked with many token founders in the past, they do marketing etc all that just to extract money. simple, after they made their money they usually fck off and your gonna get rekt. they already made their money, they dont care

PandorasBucket

I've been in crypto since 2013. Everything that has to do with lending and defi is BS. Also saving arbitrary data on blockchains has an incredible value most people haven't figured out yet. You can verify any offchain information with a time and signature that is impossible to fake. The only reason all of our court evidence is required to be blockchain tagged is because 'good enough' is still good enough for now. This is going to change fast with AI and 'when' something was created will start to matter. Unfortunately most people do not have the IQ necessary to understand how the chronological order of media fights AI forgeries. They will once example has been made.

Patient-Process-2565

It’s all BS, bitcoin will rise slowly but everything else is a gamble, pump n dumps. Proceed with caution if your trying to invest

BringerOfGifts

No more BS than money. People created something with artificial scarcity and other people agree it can store actual value.

skatersezo

So you're one of those crypto bros who is a zealot. I'll tell you the same to any religious people, if it works for you, great, be happy, but it doesn't make it less a scam. I've used crypto, it's accessible, but to me is worthless and total BS, like religion basically, but I'm not opposed to freedom so I'm happy that you have the choice and I wouldn't vote against prohibition or anything like that.

snosberry_snot

Its just as BS as FIAT dollars.

skatersezo

Crypto is total BS. Is just popular because it's a great tool for scammers and criminals. For example, imagine some crypto X that's worth barely nothing, like 0.000001$, then you can create a "stable coin" and claim it's backed 1 to 1 with USD, and you can give yourself million of that stable coin to buy crypto X, then inflate the value and make people believe it's worth millions, then you can sell that X coin to dumb people and pocket the profits

drkslr

it is BS ,

Civil_Store_5310

Other than BTC i think most are BS (maybe ETH too)

mrtac96

crypto is total BS except the coin which start with letter B thats BTC

DirtyD8632

Honestly it is BS but then again so is fiat. Fact is they are both something we use to acquire what we need and neither have any real actual value but are also the most manipulated things on earth. Crypto is literally a pipe dream for most actually while fiat was the pipe dream for the rich we have today. Don’t get me wrong, I invest in crypto and stocks etc but in the end if it won’t help you survive if the world goes to shit then it is useless. Crypto in the end is a stock with no actual company. In other words if cuts the middle man out is all. It is up to the people to make it survive.

PsychologicalMeal162

The underlying tech is BS. The energy requirements make it unfeasible for mainstream use.

voxcon

Crypto is BS. All of it. It became BS the moment people started to see it as an "investment" instead of a currency alternative - which it was intended to be. Since that moment and especially since "institutional investors" are involved everybody just hopes that a wealthier idiot will come along who they can sell their coins to for a fiat profit. Everything else doesn't matter. Additionally, KYC and tax rules were implemented almost everywhere so that most of the theoretical advantages of crypto have been erased. Personally, i've stopped holding crypto years ago. And i'm happy with my decision. It has been entertaining when i was involved, but i'm not willing to bet on an asset class long term that has lost all of its perks. Simple as that.

OutlawLazerRoboGeek

You can't. But then try to explain fiat money, and it's only slightly less BS. The distinction probably comes down to whether you are referring to crypto as a store of value, or whether you are referring to using it as a medium of exchange. As a store of value, it (BTC and the top dozen or so currencies) has performed better than any fiat currency over the last 10 years or so. As a medium of exchange, it's a lot more shaky. Stablecoins are super legit, but only by pegging their value to an already established fiat currency. Other coins who's values float independently are usually way too volatile to act as exchange, and aren't accepted directly by almost any business. Theoretically as (if) adoption rises, the volatility eases, and usefulness in exchange should solidify around one (or maybe more) generally accepted currency.

Ambitious_Use_9578

Yeah, I'd like to see them try it.  Are people really stupid enough to think a country that's been bombed into the stone age, and uses motor boats for their navy, can actually collect on that BS? Get back to me when Iran is back to full oil production...

notissho

It isn’t total BS because a large number of people believe it isn’t, and anything widely trusted and consistently exchanged for value naturally gains value and utility over time. Same way gold was exchanged for paper centuries ago and now we have paper currency; except every crypto has a limited number of available coins so more adopters/ investors = more value since it cant be printed like paper. So long as there's a good project, a good number of people BELIEVE in it and it's uses, the it isn't total BS. Just be careful which project or coin you buy and hodl, can't go wrong with btc

tjeu83

ALL crypto is BS, except bitcoin

Various_Photo_2630

Crypto is BS. It’s just a currency based of speculation.

Ok_Reputation9512

You haven't been through an Alt Season. Just wait and hold a few more months. Then you'll see why crypto is not BS.

CryptoBombastic

You can only compare a new asset class with the next thing that matches closest to it. But in reality it's astronomically different. I understand that when looking at it from an outsider pov, it looks like a total scam because 99% of the market actually is... that's not a reason why the underlying tech is total BS though. The incentive for anyone to maintain the network and keep it secure is symbiotically nested into it. But what's created through that relationship is at the core, unconditional trust without boundries. Every year I feel the world needs more of it, and every year the world appears to lose more. Trust in the system, trust in the government. You can not do business with a world you do not trust, unless it's verifiable and backed by code. Because pinky swear aint going to cut it no more, and this is something the people and institutions are starting to understand.

xxALLARKxx

Crypto is NOT BS...only IF you use it for its intended purpose: Having complete control over your money and where to spend it. For speculation, its no more and no less BS than the made up valuations of "Stock market" where all the big VCs keep giving each others' companies multi billion valuation

Petrichord

Everything is only what we give value to it. Everything is BS more or less when you think about it. If enough people give it value and care then it has meaning. A lot of coins have completely fallen off, even high quality projects. I’d definitely consider cutting losses on most things unless it is btc sol or ETH

joemari5

You know crypto is BS when you’re in the crypto currency sub and most of the comments say it is BS 🤣

Nice_Material_2436

This implies everything is equally worthless which is BS because you can say, with 100% certainty, that we value certain things higher than others.

Discokruse

Roughly 60% of "crypto" is bitcoin and it's the most serious, well thought out, nation neutral set of rules for a means of trade. Everything else is just noise. ETH and XRP are centralized. TRON POLY SOL are all ETH facsimile. None of them matter when compared to Bitcoin. Bitcoin is considered BS, yes, that was my initial reaction too. Since then, the USD has inflated considerably. Bitcoin's inflation rate dropped from a high of 25% annually to 7% a decade back. During covid, it dropped even further to 1.6%. Today, bitcoin's inflation rate is 0.85%. Bitcoin is a harder currency than USD at 3.2% (or so, don't @ me). The price fluctuates, yes. Short term speculators lose money because the market follows liquidity. Leverage is a loser's friend in most cases. Monitor your risk wisely. Long term math says there will be more dollars than bitcoin. The price per unit will reflect that imbalance. The powers at be prefer an inflating dollar because it pumps their balance sheets. They hold debt which is diluted over time. Devaluation serves the asset holders interests. It serves to have an alternative to this force of currency degradation as a commoner. Real estate, artwork, metals, intellectual property, agricultural contracts, and stocks/bonds are all available to the upper class. They all serve as a method to escape inflation, bitcoin is simply another asset class. Buy it or don't. Bitcoin doesn't care...it's a set mathematical rules. Nobody is required to use it.

rs1971

I mean, other than BTC it IS total BS so you should sell everything you have that isn't that.

haochizzle

do you own your crypto on centralized exchanges or custodied services? if you do, it’s not really crypto. Otherwise, crypto only really clicks when you realize crypto is the vanguard of personal financial computing — beyond just simply “holding” something in a wallet and watching. Ethereum will be my named example, because it’s the most useful computation you can do with finances. the fact that you can do everything a CEX can do but on something like hyperliquid or in a DEX like cowswap, means you are experiencing unfiltered sovereignty over your own assets. And you can do it from anywhere in the world as long as you have a connection to the internet. Not blocked or gatekept by some overlord saying you can or can’t do this. crypto is *not* BS if and only if you have made some useful state transition to the blockchain machine. because for someone, it’s a lifeline heretofore inaccessible to anyone but the privileged few. as balaji srinivasan puts it: “on-paper, on-disk, online, onchain”

D3VOUR3DD

As someone who has been trading bitcoin for around 6 years now and has actually made profit. I honestly do believe bitcoin will bottom between 28k and 40k somewhere in the next 6 months. I’m not bringing any BS… it’s the most likely outcome that’s all

Pineapple-Juice-4

What isn't BS?

munky8758

Monero isnt BS.

Coixe

It is BS. Stick with BTC and even that is sketchy

superfatman2

It isn't total BS, because it helps teach you valuable lessons in life quite quickly, including not being attached to material things like money (which it will help you separate from quite quickly).

TCr0wn

there is bitcoin, and there is BS crypto

BitcoinArtMagazine

Crypto is BS. Bitcoin is not crypto. Study Bitcoin-Only.

Lifeinthesc

Federal reserve Bank notes are also down, at some point you will need to pick the BS you can live with.

snowrazer_

No BS, but it's also not early days like it was 10 years ago. Once crypto hit CNBC and went mainstream, now it's just another asset class.

TjWolf8

It is BS but, so is every other currency

NoCoffeeNeeded

It is fully BS. It is backed by both nothing but hopes and dreams. It is propped up by black market dealings and influencers. If any regulation and placed on it it could collapse very quickly. It’s the FOMO investment. As long as it can be used to bribe, buy arms, funnel money to places it isn’t supposed to go it will hold value.

cryptolipto

Why don’t you ask the DTCC if crypto is BS? Do you think they’d be launching their own chain after years of pilots if they thought crypto was BS? https://x.com/the\_dtcc/status/2054172654135873638?s=46

Technical_Split_6315

Is an inefficient, slow and expensive technology. The only reason we are still talking about it is because lot of people (and governments) are highly invested on it and want their profit. But yeah, is BS

Mama_Peach

Because if it was BS, we wouldn't be going to the moon 🚀 🌙

Hitachi22

I've been in Bitcoin since 2016. It seemed like a great idea but now is just all BS. Bitcoin is accepted in less places now than back then. It's never going to be adopted by the average person. It's too complicated and the risk of losing your funds is too much. The ETFs help retail ownership but do nothing for the miners that depend on transaction fees. 

Ok_Golf_6467

Because eggs out performed bitcoin by 30% in 2025. Unfortunately people still think it's BS and the fact that everything ran this year except crypto just made it worse. I am still bullish and payient though, it was just a tough pill to swallow

Reach_Beyond

All I need to do to answer your question is show you why all or most government backed currencies are total BS. Real estate, equities, or metals are all fine alternatives. Crypto is just another option, high risk and major hedge against currencies

aaj094

Crypto is indeed total BS. BTC, eth, xmr aren't. Simple.

thistimelineisweird

Did you do any research into any of the projects you invested in? Do you understand what they were designed to do? Are you actively following what is going on with their adoption?  All you said is price is down therefore crypto bad, so we have to assume you put money into things you didn't ever understand or believe in. I don't think it's this sub's responsibility to have to convince you that "crypto isnt total BS" when you seemingly haven't put in even the minimum effort here. 

exploringspace_

All assets are total BS - nothing has real value; everything only has whatever value humans BELIEVE it to have

Emergency-Warthog-56

Yeah seriously, I see people talking about way better experiences than what this OP is claiming. Either OP is getting ripped or it's a BS post.

HSuke

Meanwhile my stock portfolio also feels like BS. Inflation is up thanks to tariffs and gas. The tech sector job market sucks with tons of people getting layed off to make way for AI budgeting. So many people are suffering in this K-shaped economy. And yet I've made more money from the S&P 500 since last April than from the last 10 years of working in tech thanks to a 45% increase in stocks. Yeah. It's bullshit too. Nothing makes sense.

Original-Oil-1515

From BTC to Melania Meme Coin, it’s all BS, but some is more BS than others. It doesn’t mean there isn’t the potential to make money in the crypto market, people have been buying BS forever.

Visible-System-4420

You simply dont understand it. Crypto is FAR from all being BS. You DONT have to own it and dont have to hold it and you SHOULDNT if you dont trust it or believe in it. But dont pretend you know something and everyone should abandon Crypto investments. Just dont cry about it if crypto offers a tremendous benefit to people that have owned it for many years and youre left out, broke, and struggling to join in way too late.

Prnce_Chrmin

> Probably even BTC is BS. > > > > stable coins have a real use This does not make too much sense. So you do believe in crypto and find it useful but only when it mimmicks "real" currency tokens (that are getting printed out of thin air btw). Bitcoin among other things is a true real world currency better than Dollar or Euro and its driven by Supply & Demand not by government policies, unlimited printing and debt...

brainfreeze3

People will say 99% of crypto is BS. What they leave out is that it's actually 99.9999% bs. Probably even BTC is BS. stable coins have a real use but it doesn't mean most of them should even be used. I find it's personally just not worth bothering at all with crypto. I don't want to be my own bank, when my elderly family members get scammed I want to call a bank and get the money back. which actually happened to me and thankfully we got the money back.

RosieDear

It is all totally BS. Every last bit of it. So are many other things that some people or "we" assign value to. heck, fake cell phones sold well at one time.

Long-Chemist3339

Corporate crypto is BS. Unless it is really and truly decentralized it is just corporate BS dressed up as crypto. So yeah 95% is BS.

kazoo_kitty

Legit MOST of crypto is BS

Captain_Planet

Forget all of this BS. Just follow the 4 year cycle and get in with your life. It has worked for me 3 times despite every time being told it is different this time.

AcostaJA

It's the sole souce of BS NS abou $STR selling bicoin to repurchase Notes....

AcostaJA

Elfa - AI, label it as 4yr gang BS narrative POS.

5555

I cynically went to this site looking to see "what's the catch" and came away smiling because there is none. No BS. Just straight up knowledge sharing put together in a clean, clear, way. Very well done and a fantastic resource for the community.

Ok-Ad-3894

It’s the fact of the matter and the principle. Big banks are mad your not using there account so they’re running to mommy and daddy(aka the government). Now after clarity act I guarantee no platform will be able to give as much yield as a bank. My next question. What will be the difference between a HYSA and the prohibited stable coin staking? Probably nothing beside stablecoins aren’t as good. When in reality stablecoins are double hysa. It’s too much money for regular people so they gotta restrict it. It’s BS

m_anas

Lyn Alden refuted all his BS https://youtu.be/gFNx_OLRZO0?si=3JNQdWyaX39gG7y3

Viennve

Mine tells me I can’t use it if I am underage (after i did all the sign up BS)

MinimumRight3911

ive been using the Coinbase card for groceries and gas for about 8 months now. Its not flashy but it just works, no random declines at merchants like I kept getting with crypto.com. at Merehead we tested a few for team expenses and honestly those headline cashback numbers are BS once you factor in the spread. Nexo credit line is decent if you want to hold your BTC but for normal daily spending I just need a card that doesnt get declined at the coffee shop. coinbase has been the most reliable for that even if the rewards are pretty weak

hoppeeness

That is gaslighting. Banks don’t have to hold your money, only a portion of it. Hence bank runs and banks not being solvent. On the other hand exchanges have to hold equivalence of all money/crypto managed by them plus a buffer possibly. Nor do any retirement funds have to have crypto. Stop failing for the BS from an industry that has never been reliable and needed bailouts constantly and has always been greedy.

FairLawnBoy

If the seller wouldn't accept a few hundred, then they certainly wouldn't accept $5. This article is therefore BS. It's literally worth what someone will pay for it and the owner will accept. That's how value works.

Quarkhimself

spamming this BS across multiple subs, are we ?

ozera202

You do you bro I’m not going to eat up some developers BS while they dump on me . It’s simple for buy low sell high and repeat , I have no goal on saving the world financial system other to make money for myself

benignotx

BS. Like a Podcast was too much to handle.

bit_banger_

McKinsey spewing bullshit since it’s founding’ They can’t even find problems for quantum computers, fucking BS

miasl

Watch out for spams in your DMs and do not click any link asking you to validate or connect your wallet or whatever BS it may be. Be safe out there, all the best mate.