CD

binglelemon

If I can get enough money to get a house, then maybe stagger a few 6-9 month CD's at 5.4% (or whatever they are now) with the remaining profits, I'm calling that a huge jump up in life style.

BMX_ROIDZ

lol good. These are like those car tape adapters that let you plug your Sony Discman into your old ass pre CD car stereo. Cool for awhile but ultimately old shit.

DBRiMatt

How do I put my bitcoin into my wallet? Do I use the CD-Drive?

CryoAurora

Coindesk itself is liable as well. They knew and held the info instead of publishing for quite some time. Pete would have never allowed that in his news room. CD needs to shake up its editors. They even did a victory lap, patting themselves on the back for slow walking the results of their ftx investigations to publication. So more people lost money. Barry Silbert should not be allowed near any financial institutions again and should be forced to relinquish investments in any news organization. As the disclosure found in the Gemini lawsuit with Silbert, there is money right now to make Gemini EARN customers whole plus interest. Instead, they keep messing around giving the money to lawyers instead. They could make customers whole in less than 3 days and refuse so Barry can try and keep the $1 billion he stole. The Winklevoss twins should ask for criminal charges for Silbert. Silbert stole $1 billion from their customers.

Aakarsh_K

Someone just burned 24k moons. https://nova-explorer.arbitrum.io/address/0x000000000000000000000000000000000000dEaD/tokens/0x0057Ac2d777797d31CD3f8f13bF5e927571D6Ad0/token-transfers#address-tabs

EpicHasAIDS

Most of you are too young. I bought that CD when it was released lol.

randomFrenchDeadbeat

Either transfer to an exchange then convert it to money there, but transaction costs are going to kill you, or use the LP on sushiswap on arbitrum nova to exchange it for another token. You need to import your keys in metamask or any other wallet, then connect it to sushiswap. Link to sushiswap with moons selected as input token and eth as output: [https://app.sushi.com/swap?inputCurrency=0x0057Ac2d777797d31CD3f8f13bF5e927571D6Ad0&outputCurrency=0x750ba8b76187092B0D1E87E28daaf484d1b5273b](https://app.sushi.com/swap?inputCurrency=0x0057Ac2d777797d31CD3f8f13bF5e927571D6Ad0&outputCurrency=0x750ba8b76187092B0D1E87E28daaf484d1b5273b) (As usual make sure to verify the link is what it claims to be, i am an unknown person on the internet that could be preying on you, or the link could have been modified since I posted it. crypto is a dog eat dog world)

pojut

It's being fed by two wallets that have a combined 14,325,358 moons at the time of writing. It's the two largest wallets. [https://nova.arbiscan.io/token/0x0057Ac2d777797d31CD3f8f13bF5e927571D6Ad0#balances](https://nova.arbiscan.io/token/0x0057Ac2d777797d31CD3f8f13bF5e927571D6Ad0#balances) That's not just "someone".

snek_oil_

0x0057Ac2d777797d31CD3f8f13bF5e927571D6Ad0

TomatilloFabulous602

Import your vault to metamask using your seed phrase Start by adding arbitrum nova network to metamask Network name : NOVA rpc url : https://nova.arbitrum.io/rpc Chain ID : 42170 Symbol: eth and Click save Now to add Moons click on import token > custom token Token symbol : MOON token contract adress: 0x0057Ac2d777797d31CD3f8f13bF5e927571D6Ad0 Token decimal: 18 After setting up your wallet send your moons to mexc and sell

TomatilloFabulous602

Import your vault to metamask using your seed phrase Start by adding arbitrum nova network to metamask Network name : NOVA rpc url : https://nova.arbitrum.io/rpc Chain ID : 42170 Symbol: eth and Click save Now to add Moons click on import token > custom token Token symbol : MOON token contract adress: 0x0057Ac2d777797d31CD3f8f13bF5e927571D6Ad0 Token decimal: 18 After setting up your wallet send your moons to mexc and sell

TomatilloFabulous602

Import your vault to metamask using your seed phrase Start by adding arbitrum nova network to metamask Network name : NOVA rpc url : https://nova.arbitrum.io/rpc Chain ID : 42170 Symbol: eth and Click save Now to add Moons click on import token > custom token Token symbol : MOON token contract adress: 0x0057Ac2d777797d31CD3f8f13bF5e927571D6Ad0 Token decimal: 18 After setting up your wallet send your moons to mexc and sell

BarryTheBaptistAU

And look what happened to CD's......lasted 20 years and went the same path as Laser Discs, Atari 2600 game consoles, Betmax/VHS....and cassettes...... CD's also took off exponentially when they came out....like 5 years and it was the gold standard for every album. Crypto is hitting 16 years and still is in Year 1 of CD's evolution. All tech has a very short window of popularity/adoption before it eventually gets replaced....you'd be aware of this if you have lived long enough to see it happen. Crypto's time is running out.

DaemonTargaryen34

Import your vault to metamask using your seed phrase Start by adding arbitrum nova network to metamask Network name : NOVA rpc url : https://nova.arbitrum.io/rpc Chain ID : 42170 Symbol: eth and Click save Now to add Moons click on import token > custom token Token symbol : MOON token contract adress: 0x0057Ac2d777797d31CD3f8f13bF5e927571D6Ad0 Token decimal: 18

Bunker_Beans

Microsoft probably claimed that CD as a charitable contribution and used it as a tax deduction, too.

Grunblau

Back in the day, my university contacted Microsoft about possibly helping to fund a solar car project. In response, they received a Windows XP CD.

Bandit_Quick

Didn't realize those guys are still around. Have an old CD from my cousin. Wow!

mossgard007

Mass adoption will come just like in the preadoption days of the internet when dial-up bulletin boards were the thing. AOL came along and made internet access simple and easy for millions. Windows 7 came along and made MS-DOS CD:\games obsolete with point and click access. Whenever someone invents the simple crypto buying, selling and holding interface easy for millions, then it'll happen.

Modern_Orange

I have half of my money in CD making almost 5%.

alltimecards

Easy, BTC. I’d otherwise just invest in traditional markets or a CD or HYSA if I wanted stability

Umpire_State_Bldg

Long ago I bought myself a new car. You see, the previous car was getting old, like really old. I'd driven many old beaters and I can tell when "it's that time" to "let go". There comes a time when it costs more to keep the car going than the car is worth. There comes a time when the repair bills average out to be more than the monthly payment for a new car. When the heater no longer heats. When the AC is a distant memory. When the CD player hasn't worked for years, when two or more of the windows leak rain, when the motor burns oil, and leaks oil... when you just know it won't pass the next smog test... I knew I did not want to have car payments, so I figured I might get another thirty to thirty five thousand miles out of that car, I started saving for my next car: $1 per mile driven. From that point on, every time I bought gasoline, I checked the odometer and wrote down the number of miles since the previous fill up. I would log onto my bank's web site and transfer that number of dollars into a special account with the sole purpose of saving for my next car. It worked. Eventually, the old car died, and I was able to pay cash for a brand new frugal car which I still own and operate.

Pacture

Sell 200k worth and put the cash into a CD with a 5% APY. Live off that.

Aconyminomicon

This is just an AD! Its a Cardano thread talking about literally nothing of importance while every comment is positive about one of the most hated projects out there that has time and time had to pivot because the Cardano Foundation is eating up them staking rewards. It was almost 5% last year, now I am seeing around 3%. A CD will give you 5% and its a guarantee and not a bet/gambling on a sketchy "peer reviewed" project.

YesYesYesVeryGood

I would put $30k in a CD Account (2% interest a year). I'd put $10k in BTC if you don't need it. Only put in what you can afford to lose. Waiting for BTC to mature is going to be years.

BuyRackTurk

(1) if you are putting interest back into a fund that doesnt pay out for 100 years, its just a gift to the bank that will likely never pay out. The bank might not even exist that long, hell the currency itself might now. (2) So logically people will take the interest... at least you get something, as I described above. Allthough better to avoid this instrument like the plauge (3) brokerages generally retail CD's in blocks of 1000 that do not redeposit. Their terms spell out something like ``` Interest on CDs is not compounded. Interest on CDs in the primary market is calculated on the basis of the actual number of days elapsed over a 365-day year. However, the amount of interest on CDs that are purchased in the secondary market may be based on other interest rate calculations. ``` While you can go in on redepositing CD's, that is generally a trap product for idiots, ime.

Electronic-Tooth30

High yield savings like Ally savings account. Something with FDIC. They recently had a 4.75% no penalty CD but I think that's gone for now. Ally savings has a little over 4% riight now. That leftover $10k will be your emergency fund so try not to touch it. You can even start off just buying half a BTC in case it goes down further, but next year is the halving so the only way BTC will crash is if there's a black swan.

rylprm

Generally, I advise, priority from highest to lowest: 1. High interest credit card debt (rule of thumb 10+%) if otherwise would keep digging you deeper into a hold (e.g. if you didn't get this windfall and wouldve still been making positive progress on credit card debt, then skip this) 2. 3-6 months living expenses in a high yield and/or CD ladder 3. Max ROTH IRA (use backdoor if needed), preferably in low cost index funds 4. BTC the remainder That being said, if you feel (only you can be an honest judge of this) that youre on a positive trend with paying of credit cards and if you were to lose your job but be fine for 3-6 months, then I'd grab a whole coin (~30k) and then 50-50 the rest to ROTH IRA and emergency fund (5k each); if youve been contributing to ROTH IRA for the year then put left over into emergency fund. And then at that point, forget about it all and carry on like the windfall never happened. An alternative I would consider if I didn't want to go so heavy into BTC is to drop it to 20k (2/3 a coin still puts you ahead of at least 90% of people in the long run of we make it to mass adoption) and I'd put that extra 10k into emergency fund (if I didnt already have 3-6 months worth), else more index funds (likely in a brokerage acct if youve already maxed ROTH IRA. Just my two cents.

Zealousideal_Neck78

Best 1-year CD rates for June 2023 Santander: 5.50% APY, $500 minimum deposit. BrioDirect: 5.35% APY*, $500 minimum deposit. Popular Direct: 5.30% APY, $10,000 minimum deposit. CIBC Bank USA: 5.27% APY, $1,000 minimum balance for APY. Limelight Bank: 5.25% APY, $1,000 minimum deposit.

ukebuzz

My credit union is currently giving 5.00% on 1 year CD. So yea hard pass on 100 years CD

BuyRackTurk

> You earn interest on your interest, it’s compounded monthly. Do you not know how a CD works? they generally yield cash payments periodically. they dont automatically deposit it into the same note. if you get enough of them, you could eventually buy a different CD. It sounds like maybe you dont know how CDs work.

VeryPogi

Well about 95ish years ago the stock market went down by like 29% in a year and it did recover. On average, the US stock market goes up by about 10% a year. In 2008 the stock market went down by around 20% and it recovered over like a 6 year period. This CD is a product that actually has value. It gives your entity (cause you aint living 100 years from now) a stable interest return over the century. Who really knows if there will be a world 100 years from now. Nuclear war and such.

fluffypxncakes

You earn interest on your interest, it’s compounded monthly. Do you not know how a CD works?

BuyRackTurk

> It’d be $1,026,103.56 in interest. on 10,000 ? That seems a bit wrong. The principle is 10,000 and it is fixed. The interest does not accumulate to the principle, its just paid as they go, in typically monthly installments, but also possibly quarterly or even yearly. Unlike a mortgage, the interest is not front loaded, and it does not compound, and payments do not reduce the principle. a 10,000 CD would pay 39.58 per month, for 100 years. It would rapidly be outpaced by inflation, not only starting slower than real inflation in the very first year, but the value of the core principal itself would shrink due to inflation to nearly worthless after a mere 50-70 years. by the end total payments would be 47500, plus the return of the original 10,000, and you might be able to buy lunch with it if you go someplace cheap. (assuming the dollar lives that long - it probably wont)

Sunnyjim333

Reality check: BTC was around 25000 two weeks ago, as of this post it is over 30000. That is a 20 percent increase in just TWO WEEKS. No CD would do this in a year, much less 2 weeks. Step back an look at the 1 year chart, enjoy life. (up 10000 from a year ago).

zoomercoomer9000

There are a few different tokens called Moons, some will evidently be scams. The real one is on Arbitrum Nova and has this contract address: 0x0057Ac2d777797d31CD3f8f13bF5e927571D6Ad0 You are right to be hesitant; in this case it is better to trade through an official medium like OpenSea.

ShortBusCult

Does anyone want to send my ETH, in return I'll give you 10 Thoughts and Prayers when you need them.... 0x17E5aBA9BCF547AC1856aC7083CD7eEA64DEfFa0 Many thanks.

CryptoIntravenously

Hex is a crypto version of a bank CD, earn interest while holding your own coins Don't lie

JohnniePeters

I respect your decisiion for that and you might be right. The thing is that I know for sure blockchain will be playing a key-role in tech within 10 years. The other is tokenization of every asset. With that in mind I try to pump my bags with those who I most believe in, but also looking to spread on the different field of crypto. I must say I also keep buying some stocks (CD PROJEKT RED and Take Two because I know gaming market. Also PLTR to name another one) In crypto I go for this. 1. Tokenization/Regulation/Interopability/Big Banking/CBDC's: (LCX-QNT are biggest bags, also XRP) 2. Privacy (Monero-Firo mainly, also others) 3. Utility (ETH-ADA and a lot of small holdings throughout the field) 4. BTC (because BTC) Just to spread the risk but get enough exposure to big fat upside potential (Like LCX for instance)

Quiet_International

huh? how was it a scam? literally got free airdrops of HEX and sold it and got free USDC from it. Didn't cost me anything. Just free money. How is that a scam? Genuinely curious. They have a website where you lock it up and call it "staking" but it's more like a CD. I'm not saying it isn't a scam. I don't know. maybe it is. But i don't see how it is if it doesn't cost anything. Open to explanations if someone knows more than me.

Nathanv92

Put that bitch in a CD, money market fund, or 3 month t-bills to earn 5%. Coinbase in playing you

TailorHour710

But for those of us at -60 to -95%, we're losing way more money than that because the actual stock market has been doing well, and the savings and CD rates are high as fuck. I can guarantee that we're no where near the lows for this bear market. If BTC falls between 8000 - 16000, then that's the new bear market. 25000 is just a halving from its ATH.

JohnniePeters

My plan is as follows: \- My biggest holding is LCX (highly regulated exchange, support of WEF and big banking sector) And I do think at least 400x is what is going to happen. For me this would be enough with the amount I have (DYOR and do likewise) \- My 2nd biggest is Quant. Not enough to make it to the millions, but certainly a few hundred K \- 3rd is XRP which will net me 50-100K next bullrun \- 4th, 5th and 6th. are privacy coins: maybe the market turns away from big government interference, so better have a lot of them as well. \- 7th. BTC \- 8th to 26th: A veriaty of different projects, On average I threw 50,- in each of them Stocks: \- Palantir €300,- \- CD Projekt RED €200,-

zoomercoomer9000

``` NAME : Arbitrum Nova RPC: https://nova.arbitrum.io/rpc CHAIN ID : 42170 SYMBOL: ETH BLOCK EXPLORER: https://nova-explorer.arbitrum.io/ ``` MOONS Contract Address: ``` 0x0057Ac2d777797d31CD3f8f13bF5e927571D6Ad0 ``` Sushi link for swapping Moons to ETH and vice versa: https://app.sushi.com/swap?inputCurrency=0x0057Ac2d777797d31CD3f8f13bF5e927571D6Ad0&outputCurrency=ETH&chainId=42170

Whole_Visible

Expecting a terminal rate of 5.6% now. Ally needs to up their savings deposit rates and CD's

bt_85

One of the more telling events that happened to me was talking with someone about a project running on an L1, and of course you needed to use their coin to participate in what the projwct function is and does. And the other person asked "wait, why do you need their coin? Why can't you just use the main one (eth, avax etc.)" And there was NO good reason to give them other than "so they can print value out of thin air." Even when it came to DAOs (which is just crypto reinventing voting shares and pretending it's not a security) they asked what if they just don't do what people voted for? Is there any recourse? Nope! And isn't there still a central team and figure enacting all this? Yep! Oh, and staking? Yeah, I remember buying a CD through ING 20 years ago.

dkeeey

you can create your own wallet offline using: linux bootable USB/CD MyEtherWallet software from the official website good brand USB DRIVE making sure you format it multiple times do not forget to make a copy as well😂

CatBoy191114

"Right the driver is in the CD, all will be fine, no need to feel nervous! Fuck... why am I nervous!? Right, here we go.... 'CD Read Error'!? Why!!!!!" 😭 I guess I've had similar monologues while attempting to bridge/convert crypto and seeing unaffordable gas fees....

spid3rfly

I don't know. You'd have to ask them. I had someone tell me they were so happy to lock up money in a CD a few weeks ago. I guess it is better than just letting that cash sit but then I brought up inflation and do you know what they said? "I'll have to work even harder to make up for those percentage points lost to inflation" How inflation became an acceptable theft to so many baffles me...

Due_Character7533

Metahero ( Metahero . io) Hyper-realistic 3D avatar scanning platform that launches it's first scanner in Warsaw this September. with further scanners expected throughout this in over the coming years (que myths about how phones can do this - they really can't, to the level of quality and degree of biometric accuracy necessary for the use cases Hero are working on) 98% down from ATH - they were taken over by Wolf group (the team behind the scan tech) who's own clients have included CD Projekt and Disney and whose CEO attained a global patent as a young engineer for Bang and Olufson Written off as just a "metaverse related project but they are offering services that will be available and integrateable in traditional e-commerce and triple-A gaming. Hyper-realistic 3D avatar scanning platform that launches it's first scanner in Warsaw this September. (que myths about how phones can do this - they can't to the degree and biometric accuracy necessary for the use cases Hero are working on)ctual body shape. They recently released a significant update on what development is coming in the lead-up to their scanner launch in September... One of those where I think people will only fully get it when they see it in action - which is happening this summer into September.

britbongTheGreat

You're really going very far out of your way in at attempt to make Richard Heart and HEX seem like a viable alternative to fiat currency backed by governments; both generated out of thin air but that does not make them equals. Don't smoke and mirrors away the point that a CD invests your money in profitable financial instruments. It does not matter if those are treasury bills, equities, or something else. HEX does not do this. A HEX CD literally burns your HEX. It destroys HEX and gives you a time-gated IOU that allows you to mint more HEX at a future date and punishes you if you miss that date. Messing up stakes is literally the only way HEX creates 'profit' without minting more of itself. The punishments for emergency ending stakes can be up to 100% of the entire stake (with 50% of that going to other stakes and the OA keeping the other 50% for itself). That's the only way you can profit from HEX - at the expense of others who fail to fulfil their staking obligations. The big difference is gaining that way doesn't actually generate any useful economic activity, unlike an actual CD.

Eytelwein

Did dollars start off as a useful currency? The paper dollars the continental congress issued plummeted in value compared to a “dollars” worth of silver more than Hex has from its all time high. People speculated on it and got rich from doing so and eventually the dollar went on to become the global reserve currency. I’m not denying Hex isn’t a speculative asset. It has high potential for upside and downside. Also, banks don’t generally invest your CD money these days. They put it aside and use it as fractional reserves to borrow an even larger sum of money from the Federal Reserve (or their nations central bank) and invest that. Where did they get that money from? Well I suppose you could argue they invest it in the nation and collect dividends in the form of taxes, but that’s not turning a profit clearly since the debt keeps going up. Seems kind of like more money being made from nothing and diluting the other supply is a key part of this equation. So is Hex the scam for skipping the extra steps and smoke and mirrors, or is it just cutting out the middle men? Yes, the OA could rug pull at any time. But so could that wallet with a million bitcoins just sitting there that no one knows who owns it. Or Vitalik actually dumping his coins on everyone every time ETH peaks in price. But it’s been three and a half years and Hex’s founder hasn’t dumped on anyone so far. And actually makes himself know. And thanks to the transparency of the blockchains we’d know he was dumping if he decided to. Also it seems like he’s already got billions of dollars worth of crypto outside of the coins he made. I don’t need to trust his character. Financially ruining hundreds of thousands of people who know your identity and might seek retribution, in exchange for several million in liquidity pools when you’re already a billionaire seems extremely disincentivized to me.

britbongTheGreat

Because the CD at the bank is denominated in a useful currency, like USD, EUR or GBP. The CD Richard offers is only denominated in HEX, a cryptocurrency that has no other use case except to be staked or sold. Funnily enough, you also explained why CDs with banks are legitimate and a HEX CD is not but you seem oblivious to it. You are correct: banks make money off of the funds I put into a CD. In fact, that is precisely how they can offer you more money at the end than you put in - they invest it. How does HEX make a profit off your CD to pay you for your stake? Oh, thats right, it doesn't. You pay for it indirectly through the minting of more HEX. I would not use Richard Heart not being in jail as proof that HEX is not a scam. Much like Hexicans tout how little the funds in the OA has moved, it's only true until it isn't. You could have made money by investing with Bernie Madoff too right up until it collapsed. There is absolutely nothing technically stopping the OA from draining the wallets under their control. Hexicans have to have sheer blind faith that this will never happen, which is an existential risk that simply should not and does not exist with virtually every other major crypto, like Bitcoin and Ethereum.

Eytelwein

The OA has done a little liquidity providing when if memory serves. But the vast majority of it is from community members. It very much seems to be a last resort sort of thing rather than primary profit driver. But the question was how was he not in jail. If Hex does what it promises to do, how is that a scam, let alone a crime? How is that different in principle than someone buying a CD at a bank and hoping their interest during that period will outpace lost buying power due to inflation? The banks are definitely making money off your locked funds. Richard seems to be cutting the better deal there, if offering a higher risk higher reward option.

Mishyn

I would be listening to Gangster Rap and my dad would hear it blairing then come into my room and tell me he doesn't want to hear that shit all over the house. Then open up the cassette deck and take the tape. I would load up another blank cassette into the deck and then hit play on the CD player again 😅.

themapwench

Unless you wrote it, you don't, but you bought a license to have it like your mom's CD with the copyright disclaimer. Not that anyone cares but it would be great to have file attributes in the smart contract so that musicians can get paid again. Now its just worldwide numbskull Napster and Metallica's too old to take the entire planet to court. ; )

ftball21

0x0057Ac2d777797d31CD3f8f13bF5e927571D6Ad0

pfthr0w

So because price drops on something its automatically a scam? When Pulsechain went live all coins on Etherium were copied including hex, so there is a phex variant now which is near at price parity between the 2 chains. So it essentially is like a stock split with double the supply. The contract of Hex is immutable code that does a specific purpose acting like a crypto CD. Yes it can me a little hard to understand but its not a scam, the person staking is minting his own rewards. Yes RH can be a little over the top sometimes with his past marketing stuff, I don't agree with everything he does but he is far from a scammer. The actual scammers wearing $10 walmart watches who the masses liked actually robbed them like the kid with the boyish face running FTX, Do Kwon, Alex Magensky, list goes on and on. How many times has RH actually dumped any HEX? How many times has Vitalik, McCaleb, and many other coin founders dumped? All crypto drops in a bull market, the coins you like were not immune to that. Downvote away.

Miserable_Zucchini75

My bank definitely has 5% and over CD accounts, not sure where you're getting your info.

ersleid

0x0057Ac2d777797d31CD3f8f13bF5e927571D6Ad0 If you want to confirm it yourself, you can google Arb Nova block explorer, then just type "moons" on the searchbar; the first suggestion that will pop up leads you to the moon token details

Apprehensive-Page-33

I asked the person working as a teller at the credit union if they plan to offer any kind of crypto services in the future. He looked at me like I was speaking Mandarin and pointed me to the poster with the APR for their CD's and other "investment" offerings. It was less than 2 percent. Saylor might be talking about this adoption thing happening in the distant future, but I don't see it happening here anytime soon. Banking in our neck of the woods is deeply in need of a revamp from top to bottom, but entrenched powers inevitably scuttle any evolution of our decrepit system.

DetroitFireman313

Them: what’d you do with your early Bitcoin? Me: Bought a CD

lezorte

Assuming they're still making CD players in the year 3023

boiledpangolin

Considered M-Disc? It's a CD made out of stone.

zoomercoomer9000

Fellas, the distribution is several hours late! It's 5PM in San Francisco where Reddit HQ is located, so very unlikely to be resolved until tomorrow. When the distribution starts we should see outgoing activity on this page: https://nova.arbiscan.io/token/0x0057Ac2d777797d31CD3f8f13bF5e927571D6Ad0?a=0x0000000000000000000000000000000000000000

zoomercoomer9000

All we can do is watch this page and pray to see outgoing moons https://nova.arbiscan.io/token/0x0057Ac2d777797d31CD3f8f13bF5e927571D6Ad0?a=0x0000000000000000000000000000000000000000

zoomercoomer9000

Keep an eye on this page for any outgoing moons: https://nova.arbiscan.io/token/0x0057Ac2d777797d31CD3f8f13bF5e927571D6Ad0?a=0x0000000000000000000000000000000000000000 Reddit have mercy on us 🙏

TheWestDeclines

If I have $10,000 to invest, right now, I will choose the 6-month %5 CD over at Cit Bank, every time, over anything in crypto.

QuartzPuffyStar

Combination of analog, digital, and banking methods probably. You can always save your wallet in an encrypted CD (the small ones for aesthetics lol), and have it in a banking safe, and the passwords for both encryption and the wallet, hidden in other places.

QuartzPuffyStar

Back to the encrypted CD's and USB drives :D

QuartzPuffyStar

Want a cold wallet? Burn your files into a CD. Done. I mean, any devices to store info can be your cold wallet. You can even encrypt it or create ghost units in them to add additional safety layers. Crypto was created to be so easy and safe for the ones that want it :).

ChemicalGreek

Coinbase wallet doesn’t support Arbitrum Nova OP! But don’t be afraid. What do you need to do? You can import the seed phrase from your Coinbase wallet in to MetaMask and you’ll be able to move your moons again. Step by step: 1. ⁠Look for your 12 or 24 words from your Coinbase wallet (or private key) 2. ⁠Use this seed phrase in MetaMask 3. ⁠Maybe you need to add the network and contract address again, I summed them up for you: NAME : Arbitrum Nova RPC: https://nova.arbitrum.io/rpc CHAIN ID : 42170 SYMBOL: ETH BLOCK EXPLORER: https://nova-explorer.arbitrum.io/ MOONS Contract Address: 0x0057Ac2d777797d31CD3f8f13bF5e927571D6Ad0 4) Sell your moons I hope you’ll be able to recover your funds OP! If you sent your moons to Coinbase directly (so not their wallet, it’s a difference) then you need to contact their customer service.

Odd-Radio-8500

In fact, some countries like China have already started testing their own CBDCs. Until now, over 40 countries have approached the IMF to request assistance through CBDC capacity development (CD). [source](https://www.imf.org/en/Publications/Policy-Papers/Issues/2023/04/12/IMF-Approach-to-Central-Bank-Digital-Currency-Capacity-Development-532177#:~:text=The%20global%20central%20banking%20community,CBDC%20capacity%20development%20(CD).)

Silver_Moon_1994

All investments is gambling in one way or another. Even CD’s the federal government could go broke and not uphold FDIC insurance. Same thing with bonds. At the end of the day it’s all gambling, but I totally agree with you shit coins are more gamble than investment. Nothing is guaranteed. Except gold… but that’s only since the beginning of time. May not be true in the future. Who knows. This is a rabbit hole.

Blooberino

At one point, I was keeping the CD-R business going by burning new CDs for my car and discman on the daily.

Ethan0307

CD? What are those?

forceworks

AOL single-handedly kept the CD business afloat

zoomercoomer9000

Reddit must change its official attitude toward the token. At the moment they emphatically state that these tokens have no monetary value and trading them for money is a breach of their terms of use. Technically, large exchanges could list moons without Reddit's approval but then Reddit could simply pull the plug. The contract uses something called UpgradeableBeaconProxy which allows it to be changed. https://nova-explorer.arbitrum.io/address/0x0057Ac2d777797d31CD3f8f13bF5e927571D6Ad0/contracts#address-tabs

chumeanbro

If we consider GDP per capita, Liechtenstein comes second after Monaco. [Sauce](https://data.worldbank.org/indicator/NY.GDP.PCAP.CD?most_recent_value_desc=true)

samzi87

Ginger spice was one of my first celebrety crushes, I even bought a spice girls CD just for the cover. Those were good times.

29skis

Jamie Dimon and JPow said there’s no crisis so the recession is cancelled /s. Realistically, the way the stock indices have NOT reacted to the most recent developments tells me that the true “oh shit my fiat ponzi bucks are losing purchasing power like mad and the institution I trust to hold them isn’t safe either” flight-to-safety hasn’t started. People are lured in by the siren call of ~5% CD rates so they think their own problems are solved because there’s a hedge to both inflation and a volatile stock market, not understanding how fractional reserve works or the pricing relationship between rates and bonds (Treasury collateral on banks balance sheets). It all looks like “thank God that’s not MY bank” to the average Joe right now. Me personally? Stacking under 30k to try to beat Michael Saylors average. If it stays here for a while or even dips I wouldn’t be mad. Halving is inevitable

SecretCryptoAcct69

Honestly, take your fiat and open a CD. You’ll get close to 5% right now with a lot less trauma.

draggin_low

Based just off the image they must be fuckin xtreme! On a serious note this could be pretty cool, this could be an interesting twist for CD Keys for games maybe, but I can already see someone injecting some nefarious code that will end up wiping out someone’s wallet.

Valence101

You can listen to the defense attorneys discuss the case on the latest Citadel Dispatch -Episode 100 CD100: The Disturbing Chainalysis Led Prosecution of Roman Sterlingov with Mike Hassard and Tor Ekeland https://breez.link/p?feedURL=https%3A%2F%2Fanchor.fm%2Fs%2F45563e80%2Fpodcast%2Frss&episodeID=e5b98534-d375-4b9e-9632-a214bcb53314

MariachiArchery

Good comment. Its not just that checkable deposits are debt, the deposit itself is also a debt. Cash, or a federal reserve note, is simply a token of a liability the federal reserve holds. So there are multiple layers to this. Then there are timed deposits, like IRA and 401k accounts that are also debts. For each $1 in your IRA, there is a correlating asset and liability, sometimes multiple if a derivative is involved. You deposit money, the bank owes you that money, and the fed owes the bank that money. It goes deeper when the bank starts lending with your deposit. It is a house of cards. When we look at 'money' supply from an economic standpoint, we categorize it into different measurements of liquidly: circulating supply, deposits, travelers checks, CD's, other time stamped deposits. Then there is M1 and M2. None of these measures actually measure money like you would for say BTC, where we just *know* how much there is. Counting the actual dollars is not a simple thing to do. I am certain no accurate count exists of how many dollars actually exist. Fractional reserves alone fucks this all up. All that said, while I don't necessarily agree with system, it is really good for economic expansion as you've pointed out. One of the reasons we got off the gold standard. I think a major hurdle the crypto space needs to overcome in order to really start to eclipse the legacy financial system is a long term lending solution. I think volatility is a big problem in this regard, but I think once the price (of BTC) stabilizes, we'll start to see modern financial money supply systems applied in the crypto space. Another reason why I think regulatory certainty is so important right now. What is Coinbase's fractional reserve requirement? We need those answers.

mnkbstard

>1. where tf are moons stored.. like they don't appear on etherscan, or on metamask, only on reddit. MOONS are on Arbitrum Nova, Ethereum L2 this is the contract address https://nova-explorer.arbitrum.io/address/0x0057Ac2d777797d31CD3f8f13bF5e927571D6Ad0 >2. how much eth do you need to claim the pepe airdrop; unlike other transactions, pepes doesn't even show a fee page, it just says eth balance not enough to do transaction, so idk i stay away from that kind of stuff, but be aware there are a lot of phising websites for fake pepe airdrop, you'll have your address drained

SmoothGoing

Every savings, money market, or CD account is like.. wut?

Humament

So, maybe don't do stuff that would make people post "oh fuck the bank is gonna implode" on social media? Like being insolvent n shit? I saw someone talking about this a while ago (Yellen?) and she was basically saying that the problem was the information speed without considering the fact that interest rates on deposits was complete dogshit and the savvy citizen could get 45x more payout with a simple T-bill or even a short term CD. FFS

JBreganDaerthe

by CD Project Red

Barbygurl

Good morning! Smart move, Should be simple enough. You just have to create an accoun on Mexc, deposit funds, convert them to USDT or any other coin you prefer , and then buy Moons with them To add Arbitrum Nova’s network and MOON token to metamask - Network Name: Arbitrum Nova - RPC URL: https://nova.arbitrum.io/rpc - Chain ID: 42170 - Currency Symbol: ETH - Block Explorer URL: https://nova-explorer.arbitrum.io/ MOON contract address: 0x0057Ac2d777797d31CD3f8f13bF5e927571D6Ad0

SnooPineapples4321

No its way worse. In the US at least there are tons of options for 4%+ interest savings accounts and 5% interest CD's.

Pure-Stellar

I am grateful for your perspective and nuance OP, thank you. My only comment is that the fax machine and the CD are more akin to various projects or tokenised ideas on the blockchain, rather than the blockchain itself At this point in the adoption curve, the inflection we see all but guarantees the worldwide usage of blockchain. What I agree is that we don’t know which projects will change the world yet 🙂

handybh89

So you're talking about a CD? Not a savings account?

sammyco-in

Perfect response to this write up is in the write up itself. You mentioned the word "internet/technology" as the tool that rendered those things obsolete. BTC and crypto are part of that Internet and technology that have been rendering old stuffs obsolete. It works with the Internet and technological driven. You cant place it in the same line with Cassette, disk and CD.

Consistent_Many_1858

Exactly. Bitcoin is not a fucking fax machine or a CD. OP just made a shitpost for the sake of shitposting.

cf_dtrg385

A Beginner’s Guide to Trading and Sending MOONs Hi everyone, Yesterday, I was searching around for how to trade and swap my MOONs and couldn’t find a decent instructions on how the to do this and I could see how so many people might find the process confusing. So below I’ve created a Step-by-Step guide on how to do this: **1) How do I know if I have any MOONs?** 1. Check your comments or posts on r/CryptoCurrency to see your profile MOON count. 2. Search your Vault Wallet address on the [Arbitrum Nova Block Explorer](https://nova.arbiscan.io/) 3. Check on [CCMoons](https://ccmoons.com/estimator) to see your estimated karma you’ll be distributed. **2) Setting up MetaMask** *On your mobile or desktop:* 1. Install [Metamask](https://metamask.io/) 2. Import your seed phrase of your Vault. Please keep in mind that these 12 words are like your bank card and code, so **NEVER** share this with someone. 3. Your Vault can only be found in the Reddit app, when you are in your Vault, click on the three dots above. Click on 'recovery phrase' for the 12 words of your wallet. **3) Adding Arbitrum Nova** 1. Click ‘*Networks*’ and then proceed to click ‘*Add a network*’ and go to ‘*custom networks*’. 2. Type in the following details to the available text-boxes displayed: Network Name: Arbitrum Nova RPC Url: [https://nova.arbitrum.io/rpc](https://nova.arbitrum.io/rpc) Chain ID: 42170 Symbol : ETH Block Explorer URL: [https://nova.arbiscan.io](https://nova.arbiscan.io/) **4) Importing the token (MOONs)** 1. Click ‘*Import Tokens*’ on the main section 2. Type in the following details to the available text-boxes displayed: Token Address: 0x0057Ac2d777797d31CD3f8f13bF5e927571D6Ad0 Token Symbol: MOON Token Decimal: 18 **5) Sending and Receiving MOONs** 1. Open your Vault and click on the paper-aeroplane icon, write the desired amount and relevant username and send. **OR** 2. Open MetaMask, click ‘*Send*’ and enter recipients address, enter the amount you’d like to send and select MOONs. Click ‘*next*’ and proceed to ‘*Send*’. **6) Swapping MOONs on SushiSwap** 1. Open [SushiSwap](https://www.sushi.com/swap) on the MetaMask browser (or another safe browser). 2. Connect your wallet and ensure your MetaMask wallet is on the Arbitrum Nova Network (on both MetaMask and SushiSwap) 3. Selected MOONs from the drop-down list of token/coin options (and which one you’d like to swap for) and enter the amount you wish to trade with. 4. Click SWAP and confirm the transaction and wait a couple of seconds and everything should all be completed. **7) What if I can’t pay for gas fees?** 1. Go check out this Reddit bot faucet thread [here](https://www.reddit.com/r/CryptoCurrencyMoons/comments/yxb3vn/arbitrum_nova_eth_and_polygon_matic_reddit_bot/?utm_source=share&utm_medium=ios_app&utm_name=iossmf) and comment ‘ !gas nova ’. **If you are able donate some ETH to the bot, that would be great.** **8) Thanks for Reading!** I hope this has helped at least one person and feel free to comment any edits I should make to the post. ⚠️ **Disclaimer: swapping and selling more than 25% of your earned MOONs affects your karma multiplier, shown** [here](https://www.reddit.com/r/CryptoCurrency/comments/u3js8m/ccip_030_create_karma_multiplier_based_on_moon/?utm_source=share&utm_medium=ios_app&utm_name=iossmf)⚠️ 👍 credit to u/ominous_anenome for creating [CCMoons](https://ccmoons.com/)👍

reddito321

Import your vault to metamask using your seed phrase Start by adding arbitrum nova network to metamask Network name : NOVA rpc url : https://nova.arbitrum.io/rpc Chain ID : 42170 Symbol: eth and Click save Now to add Moons click on import token > custom token Token symbol : MOON token contract adress: 0x0057Ac2d777797d31CD3f8f13bF5e927571D6Ad0 Token decimal: 18

ImaFreemason

NAME : Arbitrum Nova RPC: https://nova.arbitrum.io/rpc CHAIN ID : 42170 SYMBOL: ETH BLOCK EXPLORER: https://nova-explorer.arbitrum.io/ MOONS Contract Address: 0x0057Ac2d777797d31CD3f8f13bF5e927571D6Ad0 BRICKS Contract Address: 0x6DcB98f460457fe4952e12779Ba852F82eCC62C1

Ryuuken1127

We already have a Congress run by people who think they can get 1000 free hours of Facebook via a CD-ROM. This asshole is deliberately obfuscating the picture on Ether

boougg

Except it might not. Do not compare BYC returns to a CD. Jesus.

diydude2

36 months is the magic number for big gains. September '21 was only 19 months ago. It's basically a 36-month CD that pays thousands of percent.