crypto currency

[ua_guy]

Money is constantly changing with the oldest money being sea shells or cowrie money
People tend to have feeble minds like a mule with blinders and can only see the small picture. I refuse to be that stubborn old fart when in 2035 my 10 yr old grand kid says to me when BTC is $1 million and 99% of all BTC is mined, "grandpa was BTC really $78,000 when I was born?"

I think it's one thing to be ignorant of crypto. In terms of useful, or useless, with regards to knowing about crypto, I think it's more useful to know about crypto.

It's a whole different thing to know/understand crypto, but still prefer the dollar and its various forms (paper, coin, EFT). I prefer the dollar because that's how the majority of the world still transacts and will continue to do so.

[QuarterMillionMan]

Hard to make a blind man see cryptos coming when all he knows is paper money in perpetuity.

[QuarterMillionMan]

Money is constantly changing with the oldest money being sea shells or cowrie money

• Barter System: Initially, goods and services were exchanged directly without a standardized medium.
• Commodity Money: Items with intrinsic value, such as gold or silver, were used as a medium of exchange.
• Metallic Money: Coins made from precious metals became widely accepted for trade.
• Paper Money: Introduced as a more convenient form of currency, representing a claim on a commodity.
• Credit Money: Banknotes and checks allowed for transactions without physical cash.
• Plastic Money: Credit and debit cards emerged, facilitating electronic transactions.
• Digital Currency: The latest evolution includes cryptocurrencies and digital wallets, transforming how we conduct transactions today.
• This progression reflects the changing needs of societies and advancements in technology.

People tend to have feeble minds like a mule with blinders and can only see the small picture. I refuse to be that stubborn old fart when in 2035 my 10 yr old grand kid says to me when BTC is $1 million and 99% of all BTC is mined, "grandpa was BTC really $78,000 when I was born?"

[EasyMoney00]

Crypto is for gambling addicts.

[QuarterMillionMan]

I was to get $1000 worth of cryptos at $76,000 before it jumped to $83,000 today.

[QuarterMillionMan]

Trezor set up and active. Best to start w/small amounts as practice or test amounts. Once I lost $150 which I considered small but just glad it wasn't $1500 or more.

[QuarterMillionMan]

Bitcoin Act of 2025. I have my ticket, do you have your's. Don't miss the boat and be left behind.

C:\Users\lip\AppData\Local\Temp\LIP25228.loc

[QuarterMillionMan]

I'll try to explain what ua_guy is referring to but my knowledge is very limited and maybe someone else can chime in but Ledger is closed source, Trezor is open source meaning my address is available to anyone to verify the transactions. But as long as I don't send my cryptos to another address scammers won't be able to hack into my address to take my bitcoins. Is that what you were referring about? I've already ordered my Trezor last night from the official website. And as long as it is factory sealed and not tampered with, I will be able to sleep well at night. But if has been tampered with I will send it back.

[ua_guy]

What sounds like a scam?

Well, most of Crypto, honestly, but open-source hardware wallets get a lot of folks robbed on the internet unless you absolutely know what you're doing. Most people just follow the hype.

[disneysteve]

Sounds like a scam. ?

What sounds like a scam?

[ua_guy]

Sounds like a scam. ?

[QuarterMillionMan]

It's time for me to get another cold storage wallet such as Trezor due to my Ledger amount getting quite high. If anyone here has a Trezor refer a friend promo link let me know before I sign up.

[QuarterMillionMan]

Testing different pay methods such as Topper (lowest fees), Sardine, etc. But the fees are the least of my concerns. It's the spread that I look at. Try buying BTC on Coinbase which has a huge spread. If BTC is at $82,000 as it is right now and you buy from Coinbase they raise their spread to where you are buying it at $83,000 plus a 2% fee. On Ledger the spread is at about $82,500.

[QuarterMillionMan]

I've been actively buying BTC $200 - $400 whenever it seems like a drop.

[QuarterMillionMan]

Ledger is driving me nuts where I can only buy $300 and under worth of bitcoin. Whenever I try to make a big purchase of $1000 or more it declines my debit cards. I have 2 linked accounts and both gets declined with large purchases. I even get the fraud alerts and agree to the purchases that it was in fact me making the purchses but my banks declines the purchases. Using a credit card is even worse including Apple Pay or Pay Pal.