Non Sequitur by Wiley Miller for January 25, 2022

The world will end in just a bitcoin!

More specific than what? “The End”? Meh…

With the way crypto prices are plummeting, it really is the end…

Considering the fact that North Korean hackers just stole $400 million in Bitcoins, people may not be rushing to convert their cash to Bitcoins.

Gee. Thanks for that info. I always wondered what all the other guys meant by “The END is near”.

Repent, Reinvest…what’s the difference?

honestly, this crypto business is cryptic to me… can’t make head or tails out of it.

Well he said “nigh” so it must be true.

I can’t think of a bigger scam than money you make with your computer…

Cryptocurrency is a concept based on nothing. It is only worth what people collectively believe it is worth – sort of like cash or stocks.

GOOD NEWS:

Bitcoin slumps to $35,000 as cryptocurrencies extend steep losses

Bitcoin was trading at around $35,000, about half of its value since hitting its November high.

https://www.cnbc.com/2022/01/22/bitcoin-falls-another-8percent-as-cryptocurrencies-extend-steep-losses.html

Before the conversion to crypto can be truly complete, someone will have to create a crypto coin that can be flipped to make binary choices randomly. “I call ‘crypto-heads’.”

It’s not real until I can buy groceries with it. Not just and the crypto market, but everywhere.

Money and stocks are only worth what society has decided they’re worth. The rate of exchange is due to a fantasy of value.

I put offers to invest in crypto coins in the trash bin along with offers to install alexa and it’s competitors in my house. Never gonna happen.

Held off dumping my old one-function flip phone until market forced me to upgrade. Now what used to weigh the same as my wallet hangs like an anchor [that’s how I refer to it]. Makes my jacket looks like one side of my body is lower than the other.

On the other hand, I notice folks with huge purses – you know who you are – have less trouble finding the phone among the detritus than with the early models. That is, when it isn’t stuck to their ear while they’re blocking the grocery aisles.

S-o-o-o-o this is progress?

Converted my cash reserve to Nagano Fungusable Tadpoles. Every body’s doing it.

Crypto. The favorite of money launderers everywhere.

Timely cartoon. The Federal Reserve has been studying the use of digital currency. Last week they issued a report considering the benefits and risks of a “digital dollar.”

https://www.nytimes.com/2022/01/20/business/fed-digital-currency.html

Nigh? I better get started making up my own fake money.

Crypto is a harsh sounding word. How about Cash-Not?

What exactly is crypto currency? Wouldn’t money on a debit card be the same thing???

Oh, for goodness sake, all you whippersnappers think this is just the latest thing. Why I myself grew UP with “Tales from the Crypt”!

Don’t hold your breath … or bet the farm.

Money isn’t real unless I can hold it in my hand.

Run fast in the opposite direction if you ever see a guy like this with a sign that says: “The End is yon”.

Crypto-currency. Not really crypto, not really currency.

I don’t trust cryptocurrency.

Nigh? Neigh.

Isn’t it shrubry?

Crypto. Just like tulips and Beanie Babies.

Total electronic money is just one EMP away from dissolution.

What I’m worried about is the high cost of decryptocurrency, which is what you need in order to find out what your cryptocurrency is worth.

Gah!! Be afraid! Be very afraid!!

Many will be big losers.

Every time someone starts trying to sell me on bitcoin and cryptocurrency all I can think about is the tulip mania in Holland in the 17th century, as this seems to be the same thing happening all over again.

Even with full government backing crypto is still insecure and unreliable. The only conversion will be back to cash. Probably at bankruptcy rates.

My friend was upset when I called her horses a herd of neigh-sayers.