CASH

bodog9696

No. That's not a very apt analogy. You can win when you gamble. Cryptocurrency is straight unregulated market manipulation. If you are NOT in on the scam, then you are just financing the scam. They need a steady supply of DIPSTICKS to keep the operation flowing smoothly. They need you to buy the downturn (DIP) & not sell/hodl (STICK) = DIPSTICKS! That's how the scam works. They take CASH & leave you with worthless dogecoin. It's on the up & up. If you sign up for decentralized & unregulated markets, you've basically acknowledged & accepted market manipulation. You've also waived any recourse or chance to recover funds should you be manipulated out of your $.

blader0607

CASH OUT 80%, leave 100k to make more in crypto.

yeetuscleatus

Find the highest interest cash fund like the ETF CASH and make 4-5% a year (20-25k) and add that to whatever career ur going into. Then retire at 36

Struggling2Strife

Get rid of cetralization? You wish... talking about buying this, buying that... explain to me how and with what you are buying and selling your Mined bitcoin from and with? Ah, reality struck you at this point! CASH IS THE KING! Take your shitcoin talks and stop convincing people of this next pondicherry scam that you are part of! You are being exploited as much as everyone else who depends on MONEY!

Capital-Repeat7346

🔥 F2F Crypto to Cash Exchange in Estonia 🔥 I WILL EXCHANGE YOUR CRYPTO TO MY CASH ✅ Rate: €1 cash = €1.25 in crypto 📍 Location: Tallinn (city center, exact spot provided upon agreement) ⏳ Availability: 09:00 – 22:00 📩 Contact: [estoniacash@gmail.com](mailto:estoniacash@gmail.com) 💵 Maximum trade limit: €20,000 No questions asked. Serious traders only.

Business-Ad-5344

"HOLY SHIT WHERE DID YOU GET $10,000!!!?!?!?!?!?!?! WE MUST CONFISCATE IT!!!!!!" "i got it at my job at walmart. I worked thousands of hours, paid the taxes, now i have it in cash. Literally any fool can have 10k cash. Any poor person might have 10k cash. It's not a significant or criminal amount. even you, sir, could probably get 10k cash without much trouble." "BUT LOOK AT HOW BEAUTIFUL THE STACK OF CASH LOOKS!!!!!! WE MUST CONFISCATE!!!!!!!!!!"

roctac

If you want a peer to peer electronic CASH system I suggest you go look at Bitcoin Cash (BCH) and check out r/btc subreddit

Brisas787

You would’ve hold for 5 to 10 more years you would’ve bought 2 houses CASH without mortgage. But congrats bro at least you won

Business_Accident576

Think about it friend, if CASH was so healthy, why build a sovereign fund made of crypto, any crypto? They all know that the USD is a very sick puppy, stage-4-lung-cancer kind of sick. Why would they buy Bitcoin (or any other coin), when they can just PRINT USD$36-TRILLION and use that to pay the debt TODAY? Because .... Nobody in their right mind would accept 36-MILLION TONS OF TRASH ALL AT ONCE ... And yes, that's exactly how much $36-trillion would weigh in $100 bills

Assist_Lumpy

Not necessarily I mean a lot of the big hysa work the same way river isn't necessarily doing something different or malicious. PayPal, betterment, Robinhood also not banks with similar set ups. The problem with all those added steps are -Many small utxos will accumulate depending on what your doing ( lots of small transactions will accumulate lots more fees on BTC network) - the tax implications will be atrocious from the income coming from the hysa + having to keep track of all the micro transactions of BTC buys. Honestly river has the best set up I've seen I use it. I would say split some of your emergency fund on river and maybe some other savings account that you know is safer like American Express hysa or just CASH. I know unpopular opinion but if it's your emergency you'll never know when you need it. Now if you calculate what you need for an emergency and have some extra just saved up go for it. This is not financial advice. I use river I just did a 50/50 split so I want to add more yes.... Will I no my risk tolerance isnt very high. But if you need a referral lmk 😁

MongoNevereven11

Whoever says no one invests in cash haven’t checked with all of the billionaires and millionaires and billion and million dollar institutions that always keep a share of their wealth on CASH. From the Mormon Church with its $100 billion plus stockpile to Warren Buffet’s Berkshire Hathaway with its $300 billion pile and every company in the free world that knows to keep a certain percentage of its net assets as straight cash. Ever watch Shark Tank? They always ask “how much cash do you have on hand.” Sovereign nations all over the world hold onto piles of US cash reserves. Dave Ramsey advises ordinary people to build up and hold onto cash funds for emergencies and for paying expenses for 6 months or more. It’s nearly universal.

ElonaMusk212

You deposit CASH. They pay you a yield in Bitcoin. (3.84%) You withdraw your bitcoin. Many people don't want stable coins....they still have to pay rent/bills... this is perfect for someone who needs to hold cash....

discoltk

No, I was not in it for the tech, I was in it for the potential it had for the world. Speculative ponzi schemes are definitely not what I was in it for. The *price* comes from demand relative to supply, so scarcity and speculation play a role in this, but the value of money is how useful it is as money. In Bitcoin's case, as a P2P electronic CASH system. And the price quite likely will go up in the short term, especially if the US scams its taxpayers into pumping it. Once people find out they've been scammed and the pitchforks and guillotines come out it is going to be fun to watch.

ElonaMusk212

They want you to self custody.... They pay interest on your CASH...in bitcoin...and then you self custody. Got it?

ElonaMusk212

They dont want your bitcoin !! They are paying you bitoin on interest on your CASH. They encourage self-custody

bodog9696

I pieced together some pieces of my old crypto playbook. I wouldn't bother explaining how an individual coin is a scam. Simply explain how & why ALL crypto is a scam. It's not a free market where the interdependence of supply & demand is the driver of price & quantity. Instead it's a "closed/control" market where the price & quantity can manipulated & set accordingly by the control group (let's call them the TEAM*) Market manipulation is unethical & illegal for obvious (well I thought it would be obvious but here we are talking about crypto scam still going strong) reasons. HOWEVER one of crypto's biggest selling points is that it is NOT REGULATED whew! 😅 Since there is neither oversight nor enforcement to stop manipulation, crypto continues to thrive as a SUPERIOR alternative to traditional investments & strategies for those looking for a surefire profitable system that rewards commitment!† †Crypto currency does remain an undeniably superior investment strategy compared to traditional products on regulated exchanges 🤮. Ain't NOBODY got time for that! Crypto has high rates of return & guaranteed profits that are too good to be true! Unlike others that attach disclaimers to their claims, I am saying THIS IS FINANCIAL ADVICE.‡ ‡T here is one tiny caveat I didn't expressly state regarding the guaranteed profits & high rates of return in the world of crypto. It's still 💯 true. HOWEVER you have to be a TEAM* player! If you want crypto wealth & riches, you are going to have to be a TEAM* member from day 1! (part of the founders control group at ICO). When you & the TEAM* are ready to play ball, it's time to get to work! The TEAM* will be a well-oiled machine, & like any machine you have to make sure it's routinely maintained & protected with reliable lubricants. You can't see inside the engine so you need DIPSTICKS & DIP STICKERS! As many DIPSTICKS & DIP STICKERS as possible. They are integral members of the team. "You Win w/ People!" Success is not achieved w/o anyone to share it with so get people! Get as MANY as possible and sell them on NOT SELLING & sell them on NOT BUYING! As in "DO NOT SELL" your crypto because we are all 1 community, a team, working together towards a brighter future. DO NOT BUY any of the information from "HATERS" outside crypto trying to 'educate' you on real financial concepts. They are just mad haters bc they aren't as lucky as you are to be in this amazing opportunity! "Do Your Job!' Remember to check & reinforce the smoothness of your money making machine by trusting in the team. For the TEAM* to succeed, everyone "Do Your Job!". "Teamwork Makes the Dream Work!" Remember the team first concept & make sure all the DIPSTICKS know it as well! This does NOT work without their participation & commitment to making the entire TEAM* a winner --NOT just the individual. Selling the tokens causes the price to drop 😢 How can every individual GET RICH if the price is dropping?! They can't, but remember this about the TEAM*! Never ask someone to do something you wouldn't do yourself. If you sell them on being team players, they certainly won't want to sell their tokens & drop the price, duh. There's no I in "TEAM", but there is a 'ME". So BELIEVE 'ME' the TEAM* can't lose as long as everyone on the team does their job & sticks to their roles & responsibilities! It's up to the TEAM* to make the dream a reality, & the reality is the team can't lose sight of "FUNDAMENTALS". It's all about buying into the vision & sticking with it no matter what!! That's how the TEAM* gets it done! Everyone committed to #BTD (DIP) & #HODL (STICK) as per the gameplan! Selling out is selfish & puts the individual above the team 🤢. When there's a DIP the price goes down, but if everyone quickly buys the (DIP), the price goes back up! Proof of everyone on the team working together & doing their job. Taking it one day at a time, not getting you high or too low, & trusting the process. Everyone has to buy into the process & trust that things will work out. None of this is possible without the DIPSTICKS & DIP STICKERS! That's what makes all the success & wealth a reality for the TEAM*-- DIPSTICKS & DIP STICKERS! THANK YOU DIPSTICKS, TEAM* FOR OWNERS & MANAGERS ONLY (everyone else can skip this boring administrative stuff): TEAM*s success means profits must MATERIALIZE & that requires actual currency that is not virtually worthless = CASH! CASH injected into the machine in order to skim off ACTUAL FINANCIAL PROFITS! It's no problem at all--a 'minor' inconvenience really. Say it with me "BUY THE DIP". One more time, "BUY THE DIP"! #BTD You can promote the concepts with confidence as they are the same ones you & the team live by! It's time to leverage the DIP STICKERS. They all have "MATERIAL EYES" 🤑 (seeing dollar signs & ignoring obvious signs it's too good to be true). They will contribute actual cash for the *TEAM so success can "MATERIALIZE". By the time they figure out you've been saying "MATERIAL LIES" all along, it will be too late! You aren't lying! They are assuming & we all know what happens when we assume. You #BTD so you can say it w/ confidence. I mean you sell tokens back & forth between each other to generate sales that cause a dip. Don't worry though. You and the team aren't losing a penny as the sales are predetermined back & forth just enough to cause a dip. That's when you #HODL! Seriously #HODL & don't get too greedy. It's a slow & steady dipstick extraction. They will #BTD (DIP), but they don't have the ability to manipulate by selling back & forth to each other (well they do. Let's hope they never figure it out. 😂). They actually buy more tokens using CA$H! That's right CA$H! Guess who is going to sell them the tokens?--TEAM! "

JonM72

FTX customers are getting $16 Billion in CASH starting on February 18th

JonM72

FTX starts refunding $16 Billion in CASH to users on the 18th, 80% of that will stay in the crypto market. Hoping for a positive CPI on the 12th too.

IceBearPrime

CASH out enough to live on over-comfortably for your entire life. Roll the dice with the rest. LOCK IN your life let fate handle the rest

Opening-Scratch-783

This why you always need to have CASH on the side ;) those dips were delicious mmmmmm

etherd0t

Yep! Portfolio allocation 101: always have cash on the side, CASH is still King, bitches!🤭

Effective-Ad5644

I don’t think i’d ever put my btc in an exchange. I saw river gives BTC interest on CASH

EscapeFacebook

I said CASH. I'm talking about liquid cash just sitting in my brokerage account. It already gains 5% interest that I can withdraw it at any time. The only reason I have a bank account is to have a different type of account to pay bills out of, but most brokerage accounts have debit cards nowadays, it's just about your level of security risk acceptance. Savings accounts are a waste of time. A very large number of people have their entire checks deposited directly into their brokerage account.

sortofhappyish

Other thought. Is the guy trying to make YOU pay tax on the Bitcoin then will demand the money back in fiat? i.e. he "gives" you 1 BTC. you pay 10% of it as capital gains tax to the IRS/tax authorities to keep it legal. he then starts screaming you "stole" a bitcoin / he sent a full bitcoin 'accidentally' and he wants the money back IN CASH ? That way you'd pay $9.8k taxes and have to give him 98k in dollars/fiat currency.....and he's laundered the money!

Quiet-Tackle-5993

DON’T BUY BONDS, CDs, or ETFs. DON’T EVEN *THINK* ABOUT BUYING INDIVIDUAL STOCKS! IDIOT! ALSO DONT BUY A HOME TO LIVE IN UNLESS YOU CAN BUY IT OUTRIGHT WITH CASH. DUMMY!! Fuck this guy. I’d love to be a boomer like him (not really) that has a few million to just dump only into mutual funds and not have to worry about actually investing smartly. Also, if you only own mutual funds and nothing else, you don’t want 50% of them to be ‘aggressive growth’ and ‘international’, if you’re trying to be a ‘conservative’ investor like this numbskull. Also, why are mutual funds ok but not ETFs? Wtf?

IOwnGameStop

Buddy . By choosing to use bitcoin your leave the trace a big trace there’s NO Anonymity WITH BTC use it to capitalize but at the cost of what ? That being said why are you people buying bitcoin at large masses so they can JUST GET PHYSICAL CASH ?? NO NO there has to be more reason blackrock owns x amount of btc and many other . If it’s simply a chase to the money then I’ll be dammed .

Public-Bat-8022

You didn’t technically make a dollar yet until it’s a realized gain. It may look like you’re in a good position but trust me, 90% of people who get a 7X think an 8X is better and lose everything. Do not be that person. Good luck and CASH OUT

Xylber

Not the reason. TAXES is the reason. After you -CASH- out, the goverment can't track what you do with the money, that's why they want a cashless society.

Psychological-Pop820

Put aside people that are using crypto to get rich. Looking at all you hodlers. Dont disrespect people saying you believe in it. You're in it for the cash, in it fir the prospect of your kids college and so on. There is no REAL use for crypto aside from what i said previously, CASH. You go make your CASH as it will never get replaces by digital currency. Decentralization will not happen as everything is controlled by someone. We are human beings, its in our blood to be submissive to someone. A boss, a manager, the production lines, the market. There is always something used by someone or someone directly controlling us. Its just how we function as species. So, fucking stop saying crypto is future. Just like everyone needs something to believe in, you put your faith in this.

kglitch

I spent the morning looking into this. There is a tiered fee structure for all BTC-CASH transactions. [https://strike.me/faq/what-are-the-bitcoin-trading-fees-on-strike/](https://strike.me/faq/what-are-the-bitcoin-trading-fees-on-strike/) [https://strike.me/faq/what-fees-and-rates-apply-to-bitcoin-transactions/](https://strike.me/faq/what-fees-and-rates-apply-to-bitcoin-transactions/) \~1% when you buy BTC, \~1% when you sell BTC. My cash flow falls into the 10k a month bracket. I'd be paying $85 in fees to have the privilege to hold bitcoin for the float between my paycheck and bill pay. That would require a 1.75% appreciation in bitcoin in the less than two weeks between paycheck and payment. In a bull market this may make sense, but only barely. In a bear market this is a bad idea. I think it's a good offering. For me, I switched over my bill pay stuff to Strike, but I'll be paying in cash. I'll try to keep my cash as low as possible. (I was already doing that elsewhere.) But it doesn't make sense to convert back and forth so frequently. This is not factoring capital gains. As the adage goes, never sell your bitcoin.

n00dhunter

I heard he found it a year or 2 ago using AI... he took out multiple million dollar loans... he found the laptop to have 883 bitcoin CASH's on it... not BTC, Instead it was BCH... worth 300'ish each at the time... incoming bankruptcy. . .

chefboeuf

I think what’s extra frustrating is Bitcoin was originally to be a new low barrier currency to use like digital CASH, not necessarily an asset. It was to allow me to make a private peer to peer cash payment digitally. So now if I want to purchase something with my Bitcoin, say a coffee, I’m now charged Capital Gains AND sales tax. And no longer private. Wtf? Government will slow progress on this tech.

MEGAMAZUMA

But what do you convert your bitcoin too? CASH? !!!

MEGAMAZUMA

Well when it hit a cap and is out of stock and you guys all sell….. TO GET CASH 🙄 what happens

ATLienAB

One thing people forget about real estate is leverage. If you put 5% down (say a US FHA loan), you are 20x LEVERAGED. So if your house appreciates 6% a year, compounded, in 5 years a $100k house is $134k (just to use a round number). BTC may have 3x'ed in that time. But your CASH in the house has 6xed ($5k down and now $34k in unrealized profits / equity). You have to factor in maintenance or depreciation, and a realtor commission when selling, and carrying cost like property tax and insurance, plus interest cost. But often all of those costs just = the rent you would pay elsewhere for a worse apartment, making them effectively neutral. People would call you crazy to 20x leverage stock or crypto, and yet we all accept it on homes. Or at least 5x (20% down). For a primary home it's a no brainer to take some crypto off the table and buy it. For investment its a little more complicated. Never feel bad about owning crypto you DCA'ed into (/didn't buy at top) or owning primary real estate!

SenSw0rd

CASH out at $170k, buy BTC at the 95% retrace, buy BTC. THEN, Cash loan for BTC. BUY MORE btc and wait for the pump.

Fluffy-Carpenter1649

And they have fucking Multi Billions in CASH...just waiting to absorb as much Bitcoin as possible...whoever has the most Bitcoin fucking wins...along with harnessing the power of AI...

OhWiseWizard

How many of your transactions do you pay for with CASH? You aren't using a credit card? Venmo? Paypal? You don't use a bank account? CBDC transactions can be completely private (which Chainlink ALSO enables, btw). Cash doesn't disappear because of a CBDC, CBDC simply replaces the digital representation of the currency which is currently used by the banking system at large. Bitcoin doesn't replace cash either, by the way, and bitcoin is fully traceable, not at all anonymous, and can be frozen/reversed or rerouted by miners or any number of dapps and exchanges while in transit.

Bitesizecrypto35

Is swan an exchange and where the fuck did you hear about this garbage place. Bitcoin is not designed to be traded it’s designed to be a functioning “ commodity “ and for some ungodly reason exchanges think that can do shady shit. Get that shit out and send it to “ ROCK WALLET”. Or “ HAND CASH”. The ORIGINAL BITCOIN PROTOCOL

LeWahooligan0913

Fuck’em. The idea that ‘minting tether’ is some nefarious scam is wholly moronic. Gee, maybe someone BUYS tether with CASH thereby CREATING a unit of Tether that is ‘backed’ by the purchaser’s cash. Idiots.

SpaceFaceMistake

But profit is aways taxed. Remember that. Unless you only BUY bitcoin or whatever coin and USE THAT TO pay for everything in life like cash then less tax on those profits but if you CASH it like many betting on the price or buying and selling lows and highs is still taxing and more you take profit more tax you pay. Take profit from 10 years for 50k% growth will be less than if you longed every spike you’d ot more tax. True?

Papajayw

Moneymarket, like CASH, are more like 3,5% distribution right now. And probably distribution is going to fall at 1% in the next 6 months.

cryptoklobby

I’m in Canada so I put it into a TFSA in my online investing app and buy an ETF called CASH. It pretty steadily pays a monthly distribution of 4% annual. It’s not much but it’s something better than under the mattress. I remember in 2020 when Covid hit and also at the end of the last Bitcoin bull run wishing desperately I had more dry powder so I’m determined to not let those opportunities slip away again.

waldito

dude, you can legally cross any countries with a seed phrase written on a paper. It's not illegal anywhere. OR IS IT? Which jurisdiction forbids writing 12 words on a piece of paper You need to declare CASH above a certain threshold, the usual is ABOVE 10k. Relax.

toss-away-007

People side-eye me constantly when I mention Bitcoin. When they say the price just dropped to 50K or whatever, and ask for my feelings about loosing money it's always a simple answer.. "I've been buying Bitcoin since it was roughly $3,000, I've lost nothing" My Bitcoin stash is worth more than the average persons retirement bank. I'm not bragging, but if Bitcoin dropped to $3000 tomorrow, I would fill my bags, because I have done my homework, and trust the system.. NOW lets talk about that cash sitting in your bank account that's depreciating against inflation, and making laughable returns!! One other thing is, I made a small personal purchase using Bitcoin to someone who said I could pay them in Bitcoin, while they held their account on a KYC exchange. The purchase was 0.04 Bitcoin worth roughly $2500 USD at the time.. they held onto the bitcoin for a couple 2-3 weeks and made roughly $1,000.00 gain before cashing out.. A lot of people in our circle knew about this whole transaction, and NOBODY could say one negative thing.. most people ask me a bunch of questions. I explain the system, but I always inform them to do their own homework, and due diligence.. Over the years I've opened some people up to buying Bitcoin, and every one of them did their own research before getting into it, and some of those people have made better gains then myself through trading.. Even had one older guy who was completely against bitcoin while saying "CASH IS KING" remind me after not seeing him for some years tell me I was right about Bitcoin and it's gains. But he still hadn't bought any at that time... No matter what.. If it all goes to shit tomorrow, I wouldn't jump off a bridge, because I never keep all my eggs in the same basket.

tofubeanz420

**Bitcoin**: A peer to peer electronic **CASH** Bitcoin Cash (BCH) /r/btc

ScreenWaste5445

The equivalent is PHYSICAL CASH. not the IOUs you think you have sitting in a fake bank account

Narrow_City1180

treat it like a withdrawal and then use it ? It appears fewer and fewer places are accepting CASH. I was at this coffee shop recently where they said they would not accept cash. Crazy so I had to pay with a creditcard. If this trend continues, I'd be selling bitcoin, moving the money into a BANK and then using a debit card ? It seems like the promise of no involvement of banks isn't really true then?

PulIthEld

K, then you have the choice to use Bitcoin CASH if you care so much.

tofubeanz420

Title of Satoshi's white paper **Bitcoin: peer to peer electronic **CASH**

Harucifer

>Bitcoin works and does what it needs to do No it doesn't. Unless you're one of the people who completely disregard what Satoshi intended Bitcoin to be: ELECTRONIC CASH. It was supposed to be cheap/free to use for day-to-day transactions, not just an instrument for the wealthy to avoid taxes when moving money overseas. If Satoshi were around he would weep at what became of Bitcoin.

tofubeanz420

In 1889, Charles H. Duell was the Commissioner of US patent office. He is widely quoted as having stated that the patent office would soon shrink in size, and eventually close, because… “Everything that can be invented has been invented.” Do you see how ridiculous you sound. The title of white paper is peer to peer electronic CASH. You can't use it as cash if it has high transaction fees.

MosBeutifuhLaba

This is what you’re saying actually looks like in a practical manner: Bezos is worth $200 billion! But it’s all tied up in stocks. He only has like 2 billion in cash/liquidity. HES CASH POOR

Reddit-to-Bleddit

BRO SAME !!!!!! Sold all my bitcoin to buy a house CASH and have NO debt now I’m slowly working my way up again. I’m having a BLAST

Remarkable_Ad5011

What if their monthly expenses are $34.9k? Maybe they just keep their emergency fund in checking for easier access. (Personally, I want a CASH EF for quickest access).

KioCosta

1. Use a VPN or Tor. 2. Choose an exchange from https://kycnot.me/. 3. Avoid doing transfers from online banking, even to buy P2P! If possible, try to buy with CASH DEPOSITS in ATMs WITHOUT providing your id! 4. Dont mix non KYC BTC with KYC BTC.

Hfksnfgitndskfjridnf

Of course they do. Why do you think the criminals are always trying you SELL you crypto? Because they want CASH! Maybe we should learn something from the criminals?

Drissek

Do not do the mistake of timing the market… if anyone has the right info and could predict the market! They would definitely keep it for themselves. My advice is to ask yourself! What do you want to achieve! I did it, and my target is to buy and store the Bitcoin… as long as I can. My target is minimum 10 years ! I will then be about 55 years old. I will then make my other decision then. My goal to diversify stock and Bitcoin. and to own as much as I could Bitcoin. Good luck in finding your way. Me I am a believer of Bitcoin. And I confident it will be the CASH of the future!

CreepToeCurrentSea

That just shows most fraud cases are CASH related.

KeepBitcoinFree_org

PEER-TO-PEER ELECTRONIC CASH. Read the original Bitcoin project’s Whitepaper: - https://keepbitcoinfree.org/bitcoin.pdf

seaSculptor

HOW TO MAKE A MINT: THE CRYPTOGRAPHY OF ANONYMOUS ELECTRONIC CASH Laurie Law, Susan Sabett, Jerry Solinas National Security Agency Office of Information Security Research and Technology Cryptology Division 18 June 1996

SwordfishSerious5351

you dont understand money if you say "no loans, no ETFs, no debt" with a straight face while trying to call it cash lmao. Cash is debt, debt isn't a real thing IT'S CASH OWED. Bitcoin owed = debt

insanecocksmell

BTC: \~ 15% BONDS (1-3y): \~ 30% STOCKS: \~ 45% CASH: \~ 10%

Maleficent_Sound_919

So will this mean we will be getting ADA CASH like Bitcoin Cash?

Longjumping-Bonus723

20% BTC leverage 2x 60% HBAR (I believe in the tech) 40% CASH 0% STOCKS (overbought)

The-maulted-One

The NSA created a white paper in 1996 called’HOW TO MAKE A MINT: THE CRYPTOGRAPHY OF ANONYMOUS ELECTRONIC CASH’ start your research there.

levelup1by1

May sound complicated but all you need to know is your seed phrase is king. Your seed phrase is literally the wallet - TREAT IT AS YOU WOULD CASH

Greatagain911

Not all in bitcoin ,never. Keep your RE buy bitcoin low sell bitcoin high it’s only worth its price in FIAT CASH today there is no other way to value the asset unless you are valuing the fiat cash it holds up or down. Pay off your debt and acquire more at a better rate and invest in RE if you’re looking to 2045 but I’m not Saylor

Greatagain911

You are about to see the crash that all the stacking sellers have been telling you to be ready for as they liquidate bitcoin high and buy back low to rinse and repeat for FIAT CASH. Get ready to buy cheap they’re selling this bitcoin crash. You are late .

newtimes7

CASH TRADING KING. NO LEVERAGING You'll 5x in a year

Rockpilotyear2000

The bell are these jabronies going INTO with all this selling, CASH?! Pffdftttt

btcangl

> If crypto was truly decentralized, it wouldn't drop when the stocks drop We are still early xD But on a serious note your point does not make too much sense if you consider 80% or whatever currently trading crypto is wall street. Also even I as a 100% cypto fanatic often rather have CASH than more Bitcoin & Altcoins... This does not change that Bitcoin is decentralized even if currently its often going with the stock markets. But thats not the only factor, there is other stuff happening too. Like currently it does not seem as given anymore as a couple of weeks ago that Trump wins the election. When the assassination attempt happened also Biden was still in office and it seemed much surer that Trump would win against Biden.

CaptainnHindsight

CASH OUT NOW. Your mothers life is more important than potentially getting 1x more from here.

tikagre

NOW, CASH OUT NOW

Timely-Opportunity-5

I'm not giving any particular fiat any credit. I've been using fiat for 25+ years that I earn and make, I've seen houses sold for less than 5k$ and nowadays it's not even enough for rent in some expensive areas. You got my point wrong. My point is simple - the *current* infrastructure doesn't allow masses to use bitcoin without being relied on a secondary asset, i.e USD or even USDT, we don't have PSPs sorted yet. This OP has problem buying bitcoin, because it's too early AND the banks can't afford to let go the only tool they have to stay relevant - CASH. I don't know why people keep arguing about the fact, that least progressive countries have better and by better I mean more anonymous or independent trade between fiat and crypto. There are millions of dollars traded each day with 0 taxes paid on it in some Slavic countries, it's just under the table and no government ever sees that being taxed - aka money laundering 2.0

Loud_Lunch29

Coinbase is only insured up to $250k per customer per bank for CASH they hold for you. They do not specify the amount of bitcoin they insure but state that losses may exceed what they will pay out. And that's only if they are responsible for the breach. If you are responsible for the breach of your own account, they don't offer any compensation. A massive blow to exchange confidence would have significant impacts on sentiment

Every_Hunt_160

I have 3 Bitcoin... CASH *WASTED*

LowOwl4312

>There are some people who are very bullish on BCH and call BTC trash but I have no clue why. Because BCH has much lower fees. BTC has become prohibitively expensive to be used as peer-to-peer electronic cash, hence the new narrative of it being a store of value instead (which never convinced me personally) or that everyone would start using Lightning and Layer 1 is just for large settlement like between "banks". So in terms of utility as a currency, without a doubt BCH > BTC. However, BCH has the problem that it's not alone. Litecoin (LTC) is very similar to BCH overall, and less known coins like Kaspa (KAS) or Nano (XNO) are even cheaper and faster. So in terms of usage as a payment method, BTC might be the worst, but BCH is also not the best. Finally, I think to be peer-to-peer electronic CASH, you also need to have privacy. Hence Monero (XMR) is indispensable in the crypto "ecosystem". I think if you could combine the tech of Kaspa and Monero somehow, that would be the ultimate electronic cash. Until then, people will just advertise their favourite alts (each with their pros and cons) or "invest" in BTC because it's the most well-known name and most people just care about crypto to make more (fiat) money and not about getting rid of the legacy, government-controlled banking system for payments.

extrastone

CASH

DyehuthyTV

>And to your mention of banks do that, banks do this. He did not want ANY banks in his system... **I know! Thats why I quote this ;)** >“The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust" >— Satoshi Nakamoto" But many people don't understand this and the meaning of "Bitcoin Units", Satoshi never went into detail here, I imagine he assumed that people reading the Bitcoin White-Paper understand all aspects of the history of Economics and Monetary Systems that mankind has had throughout history. Let me Explain it: - 1 Bitcoin is a Monetary Base Unit (*Social Sovereignty, like Countrys or Corporations*) - An Satoshis (100,000,000) are the 'Purshasing Power Units' (*Personal Soveraign, units that people can hold in case the Private Money, like FIAT Money, Fail or Collapse, people will have their RESERVES! Real RESERVES!*) **Bitcoin is not for Spend it like FIAT Money (Circulating Credit, "Fake Money"), cuz Bitcoin is a MONETARY BASE CASH (Circulating Reserves = Real Money). Sociaty will continue Creating PRIVITE MONEY FORMS for used as "Currency Exchange", you cant avoid this, will always there: FIAT Money & Shitcoins are example of this.** **So, Every unit of Bitcoin you Spend in Buy things like a Pizza or a Car, its a Purchasing Power Unit the you Loss in the Future, when all this Kind of PRIVATE MONEY (*****Like Fiat Money*****) COLLAPSE! :D** *Because Private Money, like FIAT Money and Shitcoins too, due to its characteristics, tends to collapse, read history: Weimar, Argentina, etc.*

extrastone

CASH

basicbooch

they don't take bank notes at the cafe anymore. too many germs\*. (\*CASH MAKES A NEGATIVE INTEREST RATE IMPOSSIBLE FOR CENTRAL BANKS TO IMPLEMENT)

MYSTiC--GAMES

This sounds like a movie. You have to imagine the movie announcer guy voice. ‘4000 SQUARE FEET’ IN A WORLD OF FAST INTERNET CASH AND FASTER SCAMS, 1 MAN, HAS IT ALL. THAT WAS UNTIL THE DAY THEY TRIED TO TAKE IT FROM HIM. HIS CASTLE, HIS RULES… “I hope you and Jesus have a good relationship….” Reviews: “It’s like Home Alone, except Kevin is a 280lb guy trained in body combat” NY Times “It’s like Jon Wick never left his house” LA Times “4000 Square Feet is exactly what you hope for in a man yet never want to witness” Cosmopolitan

RoughReality277

Also, how has US CASH had a return when it is literally designed to be deflationary

smilingbuddhauk

I think the keyword was CASH, not fiat. So in-person.

After_Pomegranate680

Dude! It didn't start with Bitcoin! It started with CASH and then DigiCash by David Chaum! Do you think the world started with YOUR knowledge? FFS! SMFH!

Harucifer

>Bitcoin's prime directive of being a currency? What makes you think that? The Whitepaper is literally titled "Bitcoin: a peer-to-peer electronic CASH system" What is CASH if not something that is liquid, fungible, free or cheap to transact with? You know, the definition of (crypto)CURRENCY? > Go read the whitepaper Jesus Christ the irony of this statement...

More_Ad2661

If you are talking about the Fidelity’s ETF, that’s the most reliable after hodl your own BTC. All others use Coinbase and do off chain transactions, so it is very possible their holdings aren’t backed 1:1. They also have 2 to 30 day transaction period to settle in either BTC or CASH.

el_rico_pavo_real

I’ve been steady stacking in CASH app and now i’m moving BTC out into proper storage and it has now been made clear to me that the daily withdrawal limits are going to male this a protracted process. Cheers!

PerceptionLive8446

That’s precisely why Bitcoin is my most finicky investment. It goes against everything I’d NORMALLY do. I only bought it in 2018 because I saw explosive growth potential. I’m already satisfied with the return - it’s my highest returning asset right now in my portfolio. And it makes up approx 33% of my portfolio. Now, 67% of my portfolio follows my usual approach to investing and trading. But Bitcoin, it’s beyond me. I only know the basics - but I also know that I’ve made money, and I want to make more. That being said, I’d never full port ALL of my cash or stock investments into just Bitcoin. That would break every tenet of investing in my mind. But you’re hating on the wrong guy. Direct your odd negative energy to Bitcoin haters. I’m a true HODLer, certified since 2018. I got the transactions to prove it. But that doesn’t mean my head is permanently in the clouds. I’m perfectly content with making thousands of % return, and retiring. Because CASH is what buys my house and pays my monthly bills. Owning my whole net worth in bitcoin just makes me a slave to whoever decides to pull the rug at just the right time - and poof goes my money. Your USD, on the other hand, isn’t going to zero. The government would never allow it. So my cash is as safe as the full faith and confidence of the US. Which, sorry, I’m not betting against myself.

StuartMcNight

What? Title of the paper: Peer-to-peer electronic CASH System First sentence: A purely peer-to-peer version of electronic CASH would allow online PAYMENTS to be sent directly from one party to another without going through a financial institution.

skyHIGH-1

Can we do REVOKE DOT CASH on these two candidates characters , when election vote day comes around? 🤣😂

Express-Composer-778

Well that’s what you get for paying your predominantly fixed cost of electricity with a deflationary asset in a bear market…. Of course they are fiat backed loans… welcome to capital markets. Look at the s&p500 rn, how do you think that happened? Only way companies and the economy can grow is by taking in debt, with interest rates at near ath, as well as all the random items congress mixes up into our basket of goods for gdp( commodities) how does one expect to not get eaten alive by rates… BY BUYING BEAT UP ASSETS WITH THE DEBT THEY JUST TOOK ON AND GRINDING FOR EXTRA CASH TO PAY IT DOWN WHILE DIAMOND HANDING THEM GOLDEN TENDIES GDAHMNNNIT

ContemptForFiat

You're comparing Trump to Saylor? Ones a maxi thats ALL IN and one will say anything to get votes. He doesn't give a shit about crypto or its use cases. He's selling NFTs for the same reason he's selling bibles....his idiot base will give him CASH for them.

Polarity3X

HOW TO MAKE A MINT: THE CRYPTOGRAPHY OF ANONYMOUS ELECTRONIC CASH Laurie Law, Susan Sabett, Jerry Solinas National Security Agency Office of Information Security Research and Technology Cryptology Division 18 June 1996

MagixTouch

#Call J. G. Wentworth ##877-CASH-NOW

MagixTouch

Do you need CASH NOW?

Haunting-Student-756

Now we are getting somewhere. Always remember KFC KYC AML CASH OUT

RTGold

I worked as a bank teller, if someone was taking CASH and said they were going to buy Bitcoin, that'd be a bit of a red flag. I'm not super into crypto but it seems like the crypto ATMS are a huge ripoff and not recommended. I'd definitely ask more questions like if someone was telling them to buy it or if they were buying it for the first time. If they said it was a regular thing they do, that's fine.

gozua

the creator of btc called it electronic CASH (token, box for valuables) and never called it currency, than you made this post.