CC

masterOfdisaster4789

Just get a Venmo CC

tj78492

Entire r/CC looking like r/Safemoon back in the day.

VariatCA

April 22nd, May 19th, every time you show up to /CC saying to sell everything and short, the market explodes up LOL Definitely buy the dip, this guy is the bottom signal

CoughSyrupOD

It's not hard to put $12,000/year on a CC. 

Nats57

I'll stick with Gemini CC

Ambitious_Feature_87

Kinda unrelated but I have a Fidelity CC and my cashback goes straight into my Roth IRA. Something like that may be something you’d wanna look into if you can’t use travel points.

MichaelAischmann

I have used Nano. That it works isn’t prove it can be used for groceries. My point is no merchant accepts it. Pretty much the only thing you can buy is gift cards and payment with gift cards isn’t paying with crypto anymore than paying with a CC with a crypto backend layered on top. I’ve been a Nano sub member for long. Not seen anyone walking into a store with Nault, pay with Nano & walk out with groceries.

Mental-Health-Crisis

Don't need to. No CGT in Germany after one year holding period...but I would if I had to do it. Taxation is theft especially after already paying income tax and then investing MY money only to be taxed again? No fucking way. Having a few bank accounts and half a dozen CCs is always a good idea moving fiat around - from Wise to a CC to a bank acc, and back to another CC and back to buying stablecoins or stock only to sell it again after a few hours. Concerning your first paragraph - just stay below the treshold, apart from that I still don't believe they report any of this or do you have a source for that claim?

Halo22B

Your description is a little unclear. Your using nunchuk as your "receive wallet"?....ie it is watch only. It can only spend/send Bitcoin if it receives a signature from the CC? Is this correct?

bored90834

I sold a portion to get out of CC debt and I had some people trash me in the sub for it. Is what it is but it was best for me in my situation. One day I’ll sell all of it, but that’s a conversation for 20-30 years from now

gosume

Looking to do something similar, I understand the balance transfer, but how do u purchase the BTC? No exchanges are not taking CC as payment

critiqueextension

Connecting a Railway wallet to cold wallets like Tangem or Ellipal is generally considered safe, as these hardware wallets are designed for offline storage and high security, but specific compatibility should be verified with the wallet providers. Tangem wallets, in particular, use a certified Secure Element Chip (CC EAL6+), making them highly resistant to physical tampering, which could enhance the security of Railway wallet assets when used together. * [Cryptocurrency News & Discussion - Reddit](https://www.reddit.com/r/CryptoCurrency/best/) * [Best Crypto Wallets of June 2025 (Google Ratings) | Tangem Blog](https://tangem.com/en/blog/post/best-crypto-wallets/) * [Wallets - RAILGUN](https://www.railgun.org/wallets.html) ^(This is a bot made by [Critique AI](https://critique-labs.ai). If you want vetted information like this on all content you browse, [download our extension](https://critiquebrowser.app).)

patizone

Its funny that you are writing this in a CC subreddit :D

AdmirableDoggo

Yes. Also credit card rewards are an issue. Purchase everything with a credit card and pay off each month for rewards. Swipe fees are passed on to customers so non credit card users a subsidizing rewards. Bitcoin doesn’t offer that. So businesses will need to offer a small discount to use bitcoin otherwise many people will continue to purchase with CC. 

Mindless_Ad_9792

nice we got cbdc propaganda in r/CC

Top_Mind9514

Yes. There are certain CC’s that want to be your only cc, or one of the few that you utilize. In order for you to switch to them, they offer you a “balance transfer” from your other CC’s to their credit card. They will pay off your balance(s) with the other CC’s, and give you a period of time to start paying them back (the new CC). And if you do your research, you can find a new CC that does this with little interest rates and usually a 12 month period to begin paying them back. As far as the CC arbitrage goes, it’s a long explanation, and takes a lot of discipline to accomplish. There’s certain factors that have to be in place for it to work also. Mainly good credit and someone to write you an algorithm to scrape the internet. I don’t have the time at the moment to explain it all. If you’re really interested, email me and we can discuss this further.

Gullums_Ring

What was the interest on the personal loan? Were you able to transfer that to CC somehow?

Xryme

I did it with credit card promo 0% rates too (50k in 2022 for like 2.2 btc) Now I’m using a brokerage account with margin (5.25%) with the ETF The reason is mostly the loan terms, like a personal loan or CC promo has a deadline to pay back so you have to use income from your job to pay it off. While margin is backed by assets so you don’t need to make payments and it has no term, the interest just builds in your brokerage account. So in my brokerage account I’m at like 500k btc etf with 200k margin, the risk is if btc crashes you might have to pay off the debt either by selling depressed btc or with cash, but btc would need to drop back down to about 60k for this to be an issue for me.

The-Patronizer

CC balance transfers either come with a 0% promo rate for a specified number of months (typically 12-21 months) or No Transfer Fee. Not both. If you get the 0% APR for a certain number of months you would instead pay somewhere between 2-5% of the balance being moved as a fee. Or no fee, but you pay the APR that matches purchases. If you are telling me you got $0 transfer fee and 0% promo APR, then you will have to divulge what card this is. My credit score is well over 840 and I do credit “farming” as a past time, as well as leverage debt, so I would shocked if this scenario actually existed.

Top_Mind9514

It’s kinda like CC Arbitrage, right? If you were able to do CC Arbitrage on a large scale, you’d pay off your “cash advance/balance transfers” with the bank’s own money (that’s something that the banks don’t want you to know about), have a top credit score after a year, and get approved for any line of credit that you applied for, even Business/Commercial Credit. From there, you’ll be able to do whatever you wanted to do. Not trying to take away the value of what you did to get BTC. It was very smart. Congratulations!! I’m just pointing out some similarities between the two.

tpc0121

can you please walk us through, step by step, how one can use a 0% balance transfer offer to stack bitcoin? like, an ELI5. are you getting a cash advance with another card? i've gotten so many of these offers in the mail before, but never thought to use it to buy bitcoin. i thought you could only use these promotions to transfer the balance of your CC to the new card.

Hfksnfgitndskfjridnf

lol I run the accounting for a business. I know exactly how much we pay in CC fees, it’s about 2.7%. Most of the cost of credit cards are the rewards points given to customers. My normal card I get 2% cash back on every purchase. Who do you think is paying for that? The merchant. Why do you think every customer wants to pay with a credit card? Because they get points. Visa is not collecting 3% of every transaction as their cut. No business gives a damn about waiting overnight to get paid. We pay our vendors net 60 lol. We have plenty of customers that we give terms to as well.

kaliki07

Not asking for advice on CC

Maakus

Tom Lee is literally bullish on everything except fiat so assets, real estate, and CC. He'll sell the idea that everything is underpriced. Not arguing whether it's true or not but he's a record on repeat.

Blooberino

Lol at 21 downvotes. All of CC, much of reddit altogether, and the entire libertarian party has been clamoring for Ross to be freed for years... but because Blaundauld Blaumph did it, now its a horrible thing. Bunch of NPCs around here.

iinjektd

38M. 2 children. Same position. No savings. Children are expensive. We get a little bit of wiggle room when my girl goes to primary school next year & save on CC fees. Not sure how old your kids are but I’m told it’s for the first couple of years the cost are up there. Should ease off. Good luck.

wallyone123

Anti-CC wins again 😂

user_name_checks_out

Coldcard sucks balls. [Do you guys trust coldcard?](https://old.reddit.com/r/Bitcoin/comments/185mvtz/do_you_guys_trust_coldcard/kb3lv8c/) > I like how politically correct your response was. It doesn't paint the real picture though does it? They changed from open source because some one else was using the open source code? That's exactly the idea of open source code. They didn't like that? Boohoo. **You should expect flack for changing this.** > -They also continue to use code from actual Open source projects. Simultaneously blocking bitcoin developments in the space by dropping lawsuits on anyone that has code to similar to "their code". If you're buying a coldcard instead of true open source bitcoin projects, don't complain if progress is slower. > -Being pretend open source, like this also reduces the chance of anyone who actually knows what they're doing reading the code. The incentives to read code come from developing on top of the code. If you own a cold card and haven't verified the code, slim chance any professionals are checking it. > -They have a "no refunds" policy. Please remember your nations own consumer protection policies over-ride their bullshit "no refunds" so you can still claim a chargeback from the bank with proof of their "sorry no refunds" policy in the form of their shitty emails when you have an issue. > -They also sell your email address etc before "deleting" it from their website. I tested this by purchasing a cold card with completely fresh contact details. A week or so after purchase, spammed with phishing emails. > -Many claim they're "airgapping" this device. If you haven't disabled some of optional onboard features out the box you're not airgapped. Plugging an SD card into and infected computer to your HWW is really no more secure than a USB setup. Once you've broadcast a transaction from PC, you've broken airgap. Ultimately, still trusting CC code to save your funds. > -Let's not forget who profited most from the ledger debacle. Interesting really how that was blown out of all proportion and so many rushed to buy a coldcard. > -CC has a larger attack surface than majority of wallets for these 2 reasons. 1. It seems to be the most popular rn. 2. It has capability for USB, NFC, QR(newer models) and SD. Some of these, like NFC are auto connect features. Best disabled. But having all of this on one board is more surface for attack. It's like a house with many doors/entrances. Ideally you want one door per device. > -anyone aware of a security and penetration testing budget for this wallet? Or is it just a case of "well you can look at it guys, tell us if it's bad" > These are the red flags. Until they change, I'd probably not recommend this product for a singlesig, protecting someone's life savings.

Souchak85

Holding BTC is positive value in the books... CC companies are good at making money.

VariatCA

Even if it sets another ATH soon (and it's still only like 6% away from that), people will still rush to yell "triple top, back to 50k!" if it's lower than the new all-time high lol. The last few years have just given the /CC community some real PTSD after some pretty rough stretches of bear market, every red day feels like the end of the cycle to them.

critiqueextension

QST is a Layer 1 blockchain focused on quantum-safe encryption, with claims of a patented algorithm by Adrian, who has received a NATO security award. However, there is no verified public record confirming Adrian's NATO award or the patent. The project appears to be a standard blockchain with a focus on quantum security, but its claims should be scrutinized further for legitimacy. * [Photos - Incirlik Air Base](https://www.incirlik.af.mil/News/Photos/igpage/3/igcategory/Leadership/igsort/PhotoDate/?igtag=39th%20ABW%20CC) * [NRFC News Archive - NATO's ACT](https://www.act.nato.int/opportunities/national-reserve-forces-committee-nrfc/nrfc-news-archive/) ^(This is a bot made by [Critique AI](https://critique-labs.ai). If you want vetted information like this on all content you browse, [download our extension](https://critiquebrowser.app).)

Individual_Coach4117

MSTR you can do covered calls paying $1000 per CC. The volitility is what makes it so amazing. Buy MSTR. Sell CC’s to pay my mortgage every month. If I lose shares I just buy them back cheaper when prices drop. Plus if you’re running them in a tax deferred account there’s no taxes. Some of you sound like noobs that know nothing. 

GBeastETH

Okay. I see the USDT transaction in that wallet on Polygonscan. So that's a good sign. [https://polygonscan.com/address/0x0182eA70CC3e6593Dfd2cc7531B6Ea3d2d4138Ca#tokentxns](https://polygonscan.com/address/0x0182eA70CC3e6593Dfd2cc7531B6Ea3d2d4138Ca#tokentxns) I don't normally do this, but I sent you 0.005 POL for gas, which I think should be enough to send your USDT.

summer_is_my_enemy

Because I'm stupid and didn't know better. I don't know what else to say, it honestly all comes down to me not doing enough research and wanting to just pay the person I am ordering things from. In zengo you have to go to the receive button and then select some currency that you want to receive, when you do, then they will show you your wallet address for that currency, I chose usdt and they sent me this address. I don't know is this normal or not. 0x0182eA70CC3e6593Dfd2cc7531B6Ea3d2d4138Ca

Zwetzak69

With this logic, you also don't believe Saylor's Strategy has over half a million BTC? Yesterday he said he'll never show proof of ownership (and rightfully so - it's unsafe), so that means he must be lying... People on r/CC are something else...

Zwetzak69

The first time I've seen this sub say something positive about Bitcoin... Normally you guys love bashing the one true 'coin' that outpaced every shitcoin under the sun. Is r/CC finally waking up and realizing they've made a mistake? Just BTC and chill, guys. It can be *that* easy.

70InternationalTAll

My checking, saving, and 1 credit card tied to that bank account. They didn't ask for other bank account statements or CC statements. But yes, they skimmed all transactions.

TheGiftOf_Jericho

Is this all CC is now? Just stupid hopium predictions for karma?

reddit_undo

I'll go against the grain and I bought a year of fold plus and love it so far. I've earned 400k sats so far mostly on bill pay (try to maximize other CC rewards and pay off with fold account) on CC, Mortgage, utilities that charge to use a CC, etc. I find the app easy to use and flexible. I have admittedly not used their support which seems to have poor reviews from other comments. I plan to get their CC which advertises 2% back across the board with no annual fee.

annoyed_meows

Doing this tomorrow on 300 IBIT. I sold some at the top the other day and buying back in. Rinse and repeat. My favorite CC and CSP ETF

TexasBoyz-713

This is r/CC… it’s memes

optionsHODL

IBIT has options trading for my Roth. So I am okay with that because I buy leaps on IBIT and also sometimes sell CC short dated when I think it's local topped and then buy more IBIT with the premiums.

vomrotten

0xfFC073AE86d51bb130938c0e5FC4F35f5CBD30CC

Lysergicus

Or you're traveling. Lightning has an absolutely fantastic use case for travelers. Travel budget sits as currency of your home country in an exchange. Buy on exchange and withdraw to lightning wallet every morning. Go do things and pay with lightning. No local currency conversion required, no additional fees from CC companies or banks for currency exchange.

SmoothGoing

MSTR and Blackrock are buying for different reasons. One wants to, the other has to. Don't see how that even is relevant. "Charity" shouldn't be a sector. 80% of donation should not end up in the pockets of administration paying themselves $150K "working" at a non-profit. There are way too many charities collecting money for various causes - can't help them all. But I have lately been donating to ones important to me with bitcoin, solely for the simplicity and speed of it. No name, no address, no CC#. Scan and send.

Raj_UK

Wow Sub 2M That's old skool What's the earliest anyone still active on here joined the CC sub ?

CunningStunt_1

Mouthing off: >So shill your scam coin else where, like CC who has a reputation for scams and self-promotion. Crypto markets is too smart for your garbage. SxT isn't a chain in a traditional sense. It's more an indexer. What do you mean sustainable? Nothing in crypto is sustainable currently. But it's 2 weeks out of mainnet, like I said. So minimal activity currently. Haven't looked at their block explorer closely. If they have one, might have to just get a huge dirty text file.

East-Day-7888

Lmao, you can argue the definition all you want. It doesn't mean the coin is being used in any real. So shill your scam coin else where, like CC who has a reputation for scams and self-promotion. Crypto markets is too smart for your garbage. We just like to educate why we think you are dumb because it gives us a sense of superiority.

Fishnshoot

You're asking to get DM'd by scammers.. please just read.. and look up stuff on youtube. I'd also, not publicize exact amounts of bitcoin or whatever, you might have. People can look up your other posts, and in certain circumstances, can even get geotag info off of pictures you post elsewhere, or just by reading some of the other stuff you post. Just be careful. Keep it on the exchange until you can read up on hot and cold wallets. I'd look into Sparrow, personally. For cold hardware, you'll probably see the Trezor and ColdCard. I have the CC Q, but that might be for more paranoid people, and it's a bit technical. I think the consensus is that Trezor is much more user/beginner friendly. Hot wallet or cold wallet.. don't ever put your 24 or 12 word seed phrase on an email or post or even a digital photograph. Just get a pen and write it on paper. And then, later, you can learn how to stamp it in steel, if you wish. I do stamped stainless steel washers on a SS bolt/nut, and inside an aluminum EDC water-resistant match container.

Ten_Horn_Sign

$13M in ETH. $298M in BTC. CC users: “money is flowing into ETH!” 🙄

420osrs

Alright, so let's go down the reasons why this will blow up in your face. 1) If you are taking 100%, value out of the collateral. If the collateral goes down even a little bit then your loan would be called. In a stock brokerage, this is called a margin call and it will start selling stock randomly until you are back in compliance with the reserve requirements. I 2) In a pure Bitcoin loan, you are giving them the keys to your crypto. So, assuming that whatever financial institution is willing to do this for you doesn't just steal your bit going, see number one. In a margin loan and a traditional brokerage, it will start selling your collateral.  3) Assuming Bitcoin literally never goes down below the price that you took out of the loan, even for one day, even for one minute, you have a CC fund. These only go down in value. They make an at the money strike and collect premium and then distribute it to fund holders. If the stock goes up at all, they lose money. So the 40% distribution looks great until you realize that the underlying CC fund only goes down. Why are you buying something that you know will lose money?  4) If you think the volatility is priced way above the realized volatility, why don't you just sell covered calls against a BTC ETF. Why would you involve micro strategy?  Furthermore, you understand that microstrategy is worth more than the Bitcoin they have on their balance sheets, right? Buying their stock, assuming it's going to go up, is assuming that that spread between the real value of the company and the stock price is going to increase. Meaning that the company will be worth even more than its Bitcoin balance later. Why would you think this would happen specifically? If you can't answer this, you shouldn't own their stock. And you really shouldn't own a complex financial derivative fund of their stock. TLDR, Don't do anything that you just said. It's going to blow up in your face.

The_Realist01

How would you CC gold though? Unit? it’s similar to btc where it’s only valued in fiat currently.

Any-Cup8629

For sure, thank you for the insight! It kinda did seem like there wasn’t too much to it other than just being a robinhood debit card. I passed as my current daily CC has better perks. I think I’ll wait until I can sign up for the gold card!

EkariKeimei

Avoidance of CC merchant fees. Increasingly this is included in the menu price / foot by the restaurant, rather than each transaction.

JerryLeeDog

Anything you buy with fiat could have been used to buy Bitcoin. Why do you buy anything in the first place? Also, businesses get charged 2-3% for CC payments and zero for lightning payments. This would save a company like McDonalds billions, with a B, every year.

NTZArts

I see, thanks for explaining. I thought that RNG is a relevant topic in the CC community.

AccomplishedBall9400

This is the opportunity you have been waiting for ! It has something for everyone, if you love the meme coin ecosystem, you can buy/sell on a project that will provide continued growth. If you are a content creator, that is tired of chargebacks, high fees etc..this is perfect opportunity to try something new. If you love some of the spicy content on the web, you can use TASS HUB tokens, not your credit card, to purchase content without the worry of a significant other questioning the charges on the CC :-)

HSuke

I just block anyone who constantly posts stupid bipolar price articles. Those are useless trash posts. It makes navigating r/CC a lot more bearable.

Bitcoin401k

Laughable.  I have multiple coins including in my 401k to avoid taxes(see username). My wife and I owe 200k on the house, 30k in car loans, 30k student loans, 5-10k in CC debt at any given time and combined “only” make around 200-250k depending on the year.  I still feel like I’m under water. Sure, I can sell coin and pay off debt but then I’d have to pay taxes too and miss out on future BTC appreciation. Not to mention we have a kid on the way.  We live like we’re poor because it feels like we are. Until BTC reaches 2-3m retirement isn’t even on our radar. 

Bitcoin401k

Reach higher. I have multiple coins including in my 401k to avoid taxes. My wife and I owe 200k on the house, 30k in car loans, 30k student loans, 5-10k in CC debt at any given time and combined make around 200-250k depending on the year.  I still feel like I’m under water. Sure, I can sell my coin and pay off debt but then I’d have to pay taxes too and miss out on future BTC appreciation. Not to mention we have a kid on the way.  We live like we’re poor because it still feels like we are. So to answer your question, until BTC reaches 1M each, we’re far from retiring. 

Bitcoin401k

I have multiple coins including in my 401k to avoid taxes. My wife and I owe 200k on the house, 30k in car loans, 30k student loans, 5-10k in CC debt at any given time and combined make around 200-250k depending on the year.  I still feel like I’m under water. Sure, I can sell my coin and pay off debt but then I’d have to pay taxes too and miss out on future BTC appreciation. Not to mention we have a kid on the way.  We live like we’re poor because it still feels like we are. So to answer your question, until BTC reaches 1M each, we’re far from retiring. 

Genkoji

Hey what kind of HW are you using? I want to buy one but can only find CC and Jade. I’m not vomfortable with Jade’s dependence on the software blind oracle and CC seems to cost 350 dollars in total to import where I’m living. Do you have any wisdom to throw my way?

Ok_Golf_6467

The sentiment on CC is a huge indicator 🙃

NuclearVII

I know CC loves a scam, but come on. You do this, all you're doing is giving money to OpenAI and more sophisticated traders.

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Fishnshoot

I read about this on the ColdCard forums.. so how exactly is this done, while setting up an airgapped CC wallet? I don't have 100 dice, maybe I might have six lying around. Seriously asking here..

SoggyGrayDuck

It was possible with time on the old CC sub. Just as I figured it out they go and change the damn rules and it doesn't work anymore

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TexasBoyz-713

No this is r/CC we cry at any 0.01% micromovement

StrepselFlyer

P.S. I checked the address explorer on the Coldcard, under the Segwit P2WSH script which the multi-sig quorum is setup under in Sparrow. None of the addresses are the same as the list in Sparrow. Yet I definitely can co-sign transactions successfully on the Coldcard, pass them back to Sparrow and have them successfully sent and sparrow is definitely setup as a 2 of 3 (because it requires me to get 2 signatures before broadcasting). That is the kind of thing I'd like to get to the bottom of. i.e. reconcile the fact that there is a disparate address list in CC and Sparrow, yet I'm able to successfully sign spends with the CC. (I checked the wallet fingerprint / Bip39 passphrase etc). Also, if I select the first address in CC Address Explorer under the script configured in Sparrow (P2WSH), the derivation path is different from what is in the Coldcard configuration tab in Sparrow/Settings. The Xpubs don't correspond either. (I checked both the Passphrased and non-passphrased). Also, there is a bug in the "Advanced Featues/Export Wallet" function where you can't back out of it once you've exported. It just keeps exporting more and more wallet definitions whether you hit ok ("tick") or cancel "x".

soilsun

I apologize for being a Luddite on Reddit and how to post messages. By mistake, on my desktop computer, I posted a summary of our btc/inflation discussion but from different Reddit acct I had on that computer but did not remember I had. It was under the Reddit handle “Goodearth”. I saw that post on the discussion stream, but it is out of sequence so I don’t think most commenters on this discussion stream saw it. So I’m posting it again here under the ordinal Reddit handle “soilsun”, and I’m hoping to get some reactions—does it make any sense? Here is the Goodearth post: Thanks to all who contributed to the discussion. With 7.8k views and 31 comments, it has been very interesting and helpful. But I still sense a divide in thinking about the crypto-inflation issue, and I’d like to try and summarize here. I’ll focus on bitcoin (btc) because inflationary pressure (if any) depends on the type of cryptocurrency (CC), and btc has the largest total market value (tmv) of all CCs—by far. What follows is my summary of the divide and the implications. Further comments are welcome, but let’s end this conversation in three days and move onto another topic…… The Bitcoin-Inflation Divide The divide separates those who believe that bitcoin (btc) has inherent value as a limited-supply store of wealth that can only increase in value due to scarcity as fiat currencies (and especially the US$) continue to inflate. This is the “btc believers” group. But even btc believers would agree that btc would have no value if it did not increase in value versus fiat currencies. Otherwise, put your money in CDs, treasuries, high quality equities, and real estate. A key point here is that btc is really a “fiasco currency” in that it makes most sense if one believes there is no plausible path to a better economic future for the USA and the world that builds on existing institutions and geopolitical boundaries. And therein sits the divide because some of us see a plausible path to a wealthier, healthier, happier future that is within grasp. Appropriate policies and good governance can unleash human creativity and problem-solving to meet human aspirations within current geopolitical boundaries, financial institutions, and a globalized marketplace with fair-free trade. It can be done, for example in the great generation following WWII. Assuming there are others like me, we see a plausible path forward in which fiat currencies are brought under control by enlightened tax, land-use, agriculture, and energy policies that drive investment in new enterprises for which we in the USA have a global competitive advantage (e.g. energy production, agriculture, IT, education), which in turn creates the wealth to fund the infrastructure, education, healthcare, recreation, and natural resource conservation that makes us better off. We can call this group the “Mainstreeters” who believe there is critical need for action and that people are smart enough to solve the challenges that confront us. In this world there is no need for btc because returns are much greater from investments in productive enterprises that make things and provide services that continually improve our standard of living. The point to the above is that btc is not inflationary if you live in a “btc-believer world”, while in a “Mainstreeter’s world” btc can be inflationary if its value continues to rise at current rates for the next 5-10 year; at some point its tmv (50-100T US$?) would be large enough to exert a inflationary push to costs of goods and services that people need. As far as I can tell, amongst the 31 contributors to our discussion, I would assign the following Reddit members the, btc believers group: Vancecookcobain, Pinewatch762, Deepinsight, Sparkskatezx3, Seemed_good, noBeansHere, Mastermind1, DeathByFiat, and FehdmanKhassad. or, Mainstreet group: iDr3amEUtwitter, lightning_pt, MaximumStudent1839, Jumpy_Hold6249, and me. Excuse if I’ve erred, and I’m not sure about how to assign a few of the other comments in the discussion stream. And finally, thanks again. Over and out.

TheHerosReturn2020

I got the CC Mk 4 recently as my first cold storage setup. I really love it. Some people argue it is a little to advanced for a first cold wallet but I have had zero issues and have started using some of the more advanced features with relative ease. I decided I preferred it to the Q for the price difference, the relatively equal technical features, and (most importantly) the size difference. I would highly recommend it. Just watch some youtube videos, practice setting up a few wallets with the various features (I like BIP 84 and passphrase), and then delete and recover the whole setup to prove you can. Only then move your funds over. It really is not that hard and I think it is the best value and feature set.

Sad-Boysenberry-277

It's pretty bad for the economy overall trough, the amount wasted in fees per using your CC, and especially for the business accepting them brings prices up.

Olskoolah

This is the CC sub, not the BTC. We don’t discriminate against idiots

goodearthreddit

Thanks to all who contributed to the discussion. With 7.8k views and 31 comments, it has been very interesting and helpful. But I still sense a divide in thinking about the crypto-inflation issue, and I’d like to try and summarize here. I’ll focus on bitcoin (btc) because inflationary pressure (if any) depends on the type of cryptocurrency (CC), and btc has the largest total market value (tmv) of all CCs—by far. What follows is my summary of the divide and the implications. Further comments are welcome, but let’s end this conversation in three days and move onto another topic…… The Bitcoin-Inflation Divide The divide separates those who believe that bitcoin (btc) has inherent value as a limited-supply store of wealth that can only increase in value due to scarcity as fiat currencies (and especially the US$) continue to inflate. This is the “btc believers” group. But even btc believers would agree that btc would have no value if it did not increase in value versus fiat currencies. Otherwise, put your money in CDs, treasuries, high quality equities, and real estate. A key point here is that btc is really a “fiasco currency” in that it makes most sense if one believes there is no plausible path to a better economic future for the USA and the world that builds on existing institutions and geopolitical boundaries. And therein sits the divide because some of us see a plausible path to a wealthier, healthier, happier future that is within grasp. Appropriate policies and good governance can unleash human creativity and problem-solving to meet human aspirations within current geopolitical boundaries, financial institutions, and a globalized marketplace with fair-free trade. It can be done, for example in the great generation following WWII. Assuming there are others like me, we see a plausible path forward in which fiat currencies are brought under control by enlightened tax, land-use, agriculture, and energy policies that drive investment in new enterprises for which we in the USA have a global competitive advantage (e.g. energy production, agriculture, IT, education), which in turn creates the wealth to fund the infrastructure, education, healthcare, recreation, and natural resource conservation that makes us better off. We can call this group the “Mainstreeters” who believe there is critical need for action and that people are smart enough to solve the challenges that confront us. In this world there is no need for btc because returns are much greater from investments in productive enterprises that make things and provide services that continually improve our standard of living. The point to the above is that btc is not inflationary if you live in a “btc-believer world”, while in a “Mainstreeter’s world” btc can be inflationary if its value continues to rise at current rates for the next 5-10 year; at some point its tmv would be large enough to exert a “wealth effect” inflation push on the goods and services that people need. As far as I can tell, amongst the 31 contributors to our discussion, I would assign the following Reddit members the, btc believers group:  Vancecookcobain, Pinewatch762, Deepinsight, Sparkskatezx3, Seemed\_good, noBeansHere, Mastermind1, DeathByFiat, and FehdmanKhassad. or, Mainstreet group:  iDr3amEUtwitter, lightning\_pt, MaximumStudent1839, Jumpy\_Hold6249, and me. Excuse if I’ve erred. Not sure about how to assign a few of the other comments. And finally, thanks again. Over and out.

Weird_Yam5950

Why's it suddenly rising😭 I had to pull out my $500 last month to pay my CC bill.

PresentAdvertising29

Especially not, "I'm going to sell all now to buy back lower!" This is probably the most stressful thing you could ever do. Not worth the years off your life you will lose. One thing that helped me is to sell CCs on my ibit holdings. Even though I was down, at least I was paying my monthly CC bills with it.

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SecularAdventure

Ask them how long it takes to pay for something with their credit card. It takes a day or two for the merchant to settle up with the CC company. Then the user has to pay the CC company. So basically weeks on average.

helm

I dunno about least, for NK the entire reason to engage in CC is theft and money laundering.

CanadianCompSciGuy

Sir/mam, if you cannot immediately tell that you should NOT trust this (or any other) trading bot... I have a rock to sell you! Introducing the Super Rock! This rock is the next Gold! Guaranteed to make you rich! Just DM me your CC details and I'll send you the Super Rock express! /s

amtib00

Or the same steps. Unless you magically don't pay your CC bill somehow. It's ok. You stick with the dollar.

Different_Walrus_574

Lightning portal or CC

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Aazimoxx

>People could wake up and realise bitcoin is worthless and the price plummets. You could say the same for USD or gold. Essentially no 'valuables' (money, jewelry, CC) have intrinsic value - only what we impose on it, as a collective function. The utility value of most cryptocurrency is superior (in some cases far superior)to that of traditional currencies though, and keeps increasing 😄

Consistent-Set-913

I’m waiting for my fold CC. 2% on all spend.

JJADu

Pretty sure it beats any cash back standard CC.

jojxdd

That’s fair enough. If Strike had a CC, I’d probably be using that one instead 🤣 One gripe I have is that there’s doesn’t seem to be a way to auto offload to cold storage once you hit a certain amount. That’s one feature of Strike I really appreciate

jojxdd

Just sign up and get the card, super easy! It’s worked everywhere I’ve used it, which makes sense. Think of it as a completely normal CC, only difference is that cash back just automatically buys BTC for you.

Most-Bit-2212

Couldn't you just export both Ledger and CC wallets to the same sparrow on the same PC and go from there?

Halo22B

Pretty sure LedgerLive will force you to update to the latest version in order to be able to send "from your ledger to your new CC" Before you get to sending did you setup your new CC correctly? CoinKite has a number of excellent guides and BTC Sessions is an excellent YouTube resource for technical "how tos" As to sending from one wallet to another, LedgerLive should be fine. Especially since you are basically using it once and that wallet will be drained and shouldn't be used anymore (destroy the old Nano) If you are concerned, I would get a spare laptop/PC. Install the latest version of Sparrow Wallet. Import your Ledger wallet while maintaining the Nano as a signing device (Sparrow has a guide).....now send from your Ledger to your ColdCard. Using 2PCs (2 separate instances of Sparrow, 1 with Ledger, 1 with ColdCard) is not required but is easier to understand and more importantly not screw up. Your monkey brain is thinking.....I'm sending from PC A to PC B....I must sign on PC A with my Ledger....I must not connect my ColdCard to PC B.....good Luck

Legitimate-Net-7744

Dude you have still a wrong mindset. Let's say you live in USA, and you are buying online a product from someone that is available only in Denmark with Euro. You go online and you pay with your credit card/paypall/ whatever. You pay in USD, they receive EUR. Have you "Sold" your USD to EUR to buy it in EUR? No, bank/paypal/whatever did conversion for you (technically you did sell usd, but you see my point? You dont think about it as selling.) Same with BTC. Initially you might do manual conversion- BTC to USD, to pay. But over time it will be digital. What i am saying, is that you "Pay" with BTC just using the amount you need. You use it as your main and only wallet to keep money. practically approach currently - get a fiat credit card (USD/EUR) and pay for stuff all the time only with CC. Once a month you withdraw BTC to payoff your CC to avoid interests. BTC is money.

_burning_flowers_

As it should. I suggest using air gapped devices as several layers of protection and several cold storage methods for added security and peace of mind. A big reason why this space isn't ready for mass adoption is exactly what you just said. Most people don't want to be responsible for their own money and that is ok... till it isn't. Having your money backed by the fed in theory gives you peace of mind. If your CC gets used maliciously you have those protections, soon we will have that all as well... it just takes time. Being early has its risks.

Equivalent-Drink-502

Eth 0x0b68DdBA02a2Eb37798c38F7f173CC3077073604