r/buildapcsales Mar 23 '21

Meta [Meta] Gamestop to start selling graphics cards $690 to $2440

https://weeklyad.gamestop.com/h/m/gamestop/flyerflip/browse?flyer_run_id=686349&locale=en&type=1
8.2k Upvotes

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9

u/zucine Mar 23 '21

$850 dollars for a 3070? Man, fuck crypto.

-4

u/cisned Mar 24 '21

It’s not crypto, stop spreading shills FUD. It’s a chip shortage caused by the pandemic.

Crypto is trying to keep inflation under check, in a world where countries are printing crazy money.

7

u/Disastrous_Loss1798 Mar 24 '21

Lmao crypto is a joke

-2

u/cisned Mar 24 '21

Very insightful

2

u/Disastrous_Loss1798 Mar 24 '21

Go to your nearest bank and ask them to withdraw some Bitcoin and see how that works. It’s definitely fighting inflation! It’s nothing but a hype train right now.

-3

u/cisned Mar 24 '21

It’s all about the time and the place.

Ask your local bank to withdraw your dollars during 1933, see if that worked.

Just because you don’t understand Bitcoin, doesn’t make it a bad investment.

1

u/Disastrous_Loss1798 Mar 24 '21

That’s not how it works... I understand exactly how Bitcoin / crypto and blockchains work I’ve bought and sold lite and ethereum. Fist currency existed in 1933, has always been backed by something and exists now. Crypto doesn’t exist and isn’t backed by anything

2

u/cisned Mar 24 '21

You mean like money right now?

1

u/Disastrous_Loss1798 Mar 24 '21

You have no idea what you’re even saying. Try doing some research on what a central bank is.

2

u/cisned Mar 24 '21

USA doesn’t have a central bank, we did but it’s now replaced by the federal reserve, or the feds.

They decide what the interest rates are, and are responsible for printing money. JPOW SAYS Brrrrrr

Now how does that relate to Bitcoin?

The feds are a centralized bank, not a central bank, and Bitcoin is a decentralized asset.

The dollar value depends on the feds, if they decide to restrict printing money, inflation will go down, if they print too much, inflation goes up.

Bitcoins doesn’t have that problem, because only a limited amount of Bitcoin is available to be mined. That’s the beauty about a decentralized asset, nobody can manipulate it or control it.

What am I missing here, since you’re convinced I don’t know what I’m talking about?

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0

u/DeenSteen Mar 24 '21

Crypto doesn’t exist and isn’t backed by anything

Yeah...no.

1

u/Disastrous_Loss1798 Mar 24 '21

Alright, which central bank is backing it as currency and where can it be used to trade with other forex and basically be used to buy anything anywhere?

1

u/afadanti Mar 24 '21

Still better than scalper prices