What control does the government have over it?

Theyre buying it. US govt is the biggest holder of bitcoin. I believe thats accurate. I watched something about it the other day. Just about all govts are buying it. Dont appear theyre expecting a crash

Theres some episodes of Joe Rogan that get into crypto

If I had any I’d be selling it now.

The Fed controls bitcoin. Its becoming clear that the Fed is going to use it to control liquidity like they did the stock market in 1927.

Ain't buying anything I can't see

I’ve never seen a stock

I cant see how its any different than buying stocks. Youre gambling either way. All done on computer. No actual money ever changes hands. No actual product is bought. Stocks just have a companies face to relate it to, crypto dont. You never really know if your money goes into that company or a drug dealer in columbia. You just send your money out and hope it comes back bigger.

You can see the companies. I own CAT stock, I drive by construction sites and see Cats moving dirt. I own Apple , I see them everywhere, I own Encompass HC , my daughter used to work there, I own Progressive insurance , I see Flo on TV. You get the point.

I believe the government manipulates for an end they want, i.e. making it so volatile that it will not be used for normal transactions, and removing cash from the market.

The stockyard sells stock you can see and eat if you want to.

If you’re just getting into Bitcoin then you are too late.

Wut

Don't do that either. I buy dirt

Yup. Fed got created in 1913, then took over the stock market by buying it all up and crashing it. The erased huge sums of liquidity overnight in 1929 and made it seem like it was everybody else's fault for trusting the Fed. JPMorgan and Chase bank founder provided cheap liquidity and unlimited credit, so everybody used it to buy up the stock market and grow it. Then Morgan and Chase sold out at one time, crashed the economy and set the Depression in. Morgan and Chase consolidated numerous banks, snatched up Gold cheap, and in 1933 got Roosevelt to pass the gold confiscation act to absorb the remaining liquidity. It ended the inflation they created and made them even more powerful and wealthy. Meanwhile, the rest of humanity was dealing with a Great Depression and Germany got the Nazi thing going, also a Chase (Warburg) family design.

I done a little of that too...but I cant buy groceries with it until I sell it....Problem is I dont want to sell any of it...Thankful, I'm just so Thankful that we had a 401k and a pension at work and I invested in it because thats pretty much what I live on now...I just draw a little out a couple times a year and let the rest of it sit there and compound interest....It's probably not for everybody but its done well for me...I would have never drove to the bank and put 13% of my check in my savings every week on payday, and let alone them match 75 cents on the dollar up to 8% either....The match was free money IMO, No way, was I not gonna take advantage of it...

x2

Thats a really good investment plan too. My problem is, i buy a piece of ground, work myself half to death turning it into something, then i dont want to sell it. Sure, its worth more but ill never see my return, except what the ground produces each year. I think i have the heart of a farmer. I cant help it.

>>>Don't do that either. I buy dirt[/quote]
Thats a really good investment plan too. My problem is, i buy a piece of ground, work myself half to death turning it into something, then i dont want to sell it. Sure, its worth more but ill never see my return, except what the ground produces each year. I think i have the heart of a farmer. I cant help it. <<<

Me neither. For me, land is a purchase, not an investment. I can consider the trees on it an investment, but not the land. Spent the last couple days doing a prescribed burn and that was way more fun than deer hunting.

Cal, in the old days you got a certificate when you bought a stock. My dad still had quite a few for Southern Company when he died. He never even looked at the stock price; just collected the quarterly dividends and spent them. My sister inherited them and her advisor had her sell it. She would have been better off to keep it.

Old stock certificates, depending on the company, are highly collectible. Back in the day, you could buy a stock certificate that had signatures of previous share owners some of which are famous names. Other stock certificates were designed by well known artists who did that work for extra money. Norman Rockwell designed certificates are very expensive. Also, the certificates were often backed by real assets you could swap for. I think Sears had a deal where you could by value match at wholesale price from the catalogue with valid certificates. Traded just like a coupon. Railroads would let folkks swap shares for large cargo shipping. I think that was regulated away by the SEC because the electronic age makes that system easy to abuse.
Imagine that. You buy some shares of Tesla that you can apply later to the purchase of a Tesla product at a later date if you like with a lower tax penalty on the cash out.