Reddit Posts
EDWARD SNOWDEN: BITCOIN IS A WORLD STARTING IDEA | Bitcoin Amsterdam 2023
EDWARD SNOWDEN: BITCOIN IS A WORLD STARTING IDEA | Bitcoin Amsterdam 2023
CRYPTO IDEA: A crypto that trains AI as its mining function.
deadybears bsc the takeover game of the 2023 based team and strong community!
Suggestion to surf Github as often as you search Reddit
Ledger Recover — what it is & isn't, and Ledger's shameful behaviour to community reactions
Regarding SHIB scam - it's unacceptable that you can lose your entire wallet simply by signing a signature.
New Crypto Currency (Does not exist yet)
new bitcoin idea (does not exist yet)
In the Superbowl ad, Larry is telling people that FTX IS A BAD IDEA! Sure, the tagline is “Don’t be like Larry” but, literally, he is saying he doesn’t think it will work! Larry David actually PREDICTED the FTX collapse.
Further stories/info shared regarding the CZ & SBF situation
Algorand Foundation partners with Politecnico di Milano(largest technical university in Italy) and the University of Stirling to support Emergency Finance project on programmable money.
SportsBetting | Big Marketing Compaign | Strong Community | Big Marketing Ahead |
"I calculated how much a coin would be worth from a 1K investment now if it ever reaches back to its all time high." BAD IDEA!
Response to "how much a coin would be worth from a 1K investment now if it ever reaches back to its all time high." BAD IDEA!
Response to "how much a coin would be worth from a 1K investment now if it ever reaches back to its all time high." BAD IDEA!
Reasons against bringing old untouched wallets back into circulation? (please read to understand what I really mean)
Become A Low-Cap Slum Lord: Full Trading Guide
Crypto.com and a larger than life image
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Thoughts on Bitcoin And proof of stake/work mining in general
Thoughts on Bitcoin And proof of stake/work mining in general
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🌳Team Seas Token!!! | Supporting Mr Beast's #teamseas through the power of crypto 🌳| | 🔥 BUSD rewards to holders and Buy Backs 🔥 |🚀 pre-sale Launching soon! | Huge 1000x moonshot potential
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🌳Team Seas Token!!! | Supporting Mr Beast's #teamseas through the power of crypto 🌳| | 🔥 BUSD rewards to holders and Buy Backs 🔥 |🚀Launching soon! | Huge 1000x moonshot potential
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🌳Team Seas Token!!! | Supporting Mr Beast's #teamseas through the power of crypto 🌳| | 🔥 BUSD rewards to holders and Buy Backs 🔥 |🚀Launching soon! | Huge 1000x moonshot potential
🌳Team Seas Token!!! | Supporting Mr Beast's #teamseas through the power of crypto 🌳| | 🔥 BUSD rewards to holders and Buy Backs 🔥 |🚀 pre-sale Launching soon! | Huge 1000x moonshot potential
🌳Team Seas Token!!! | Supporting Mr Beast's #teamseas through the power of crypto 🌳| | 🔥 BUSD rewards to holders and Buy Backs 🔥 |🚀 pre-sale Launching soon! | Huge 1000x moonshot potential
🌳Team Seas Token!!! | Supporting Mr Beast's #teamseas through the power of crypto 🌳| | 🔥 BUSD rewards to holders and Buy Backs 🔥 |🚀 pre-sale Launching soon! | Huge 1000x moonshot potential
🌳Team Seas Token!!! | Supporting Mr Beast's #teamseas through the power of crypto 🌳| | 🔥 BUSD rewards to holders and Buy Backs 🔥 |🚀 pre-sale Launching soon! | Huge 1000x moonshot potential
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🌳Team Seas Token!!! Whitelist out now link in description, join to claim your spot| Supporting Mr Beast's #teamseas through the power of crypto 🌳| | 🔥 BUSD rewards to holders and Buy Backs 🔥 |🚀 | Huge 1000x moonshot potential
🌳Team Seas Token!!! | Supporting Mr Beast's #teamseas through the power of crypto 🌳| | 🔥 BUSD rewards to holders and Buy Backs 🔥 |🚀Launching soon! | Huge 1000x moonshot potential
🌳Team Seas Token!!! | Supporting Mr Beast's #teamseas through the power of crypto 🌳| | 🔥 BUSD rewards to holders and Buy Backs 🔥 |🚀 pre-sale Launching soon! | Huge 1000x moonshot potential.
🌳Team Seas Token!!! | Supporting Mr Beast's #teamseas through the power of crypto 🌳| | 🔥 BUSD rewards to holders and Buy Backs 🔥 |🚀Whitelist competition ongoing for pre-sale. | Huge 1000x moonshot potential
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🌳Team Seas Token!!! | Supporting Mr Beast's #teamseas through the power of crypto 🌳| | 🔥 BUSD rewards to holders and Buy Backs 🔥 |🚀Whitelist competition ongoing for pre-sale. | Huge 1000x moonshot potential
Dude. WTF. DO YOU HAVE ANY IDEA HOW MUCH YOU WOULD'VE HAD IF YOU SANK THAT INTO BITCOIN?
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🌳Team Seas Token!!! | Supporting Mr Beast's #teamseas through the power of crypto 🌳| | 🔥 BUSD rewards to holders and Buy Backs 🔥 |🚀Launching soon! | Huge 1000x moonshot potential
🌳Team Seas Token!!! | Supporting Mr Beast's #teamseas through the power of crypto 🌳| | 🔥 BUSD rewards to holders and Buy Backs 🔥 |🚀Launching soon! | Huge 1000x moonshot potential
🌳Team Seas Token!!! | Supporting Mr Beast's #teamseas through the power of crypto 🌳| | 🔥 BUSD rewards to holders and Buy Backs 🔥 |🚀Launching soon! | Huge 1000x moonshot potential
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Mentions
NO IDEA DUDE. this whole thing could collapse in 2 years. don't confuse this shit for a miracle. it's a casino and we're all here hoping to get PAID but ultimately it's a game of hot potato and whoever is still holding it when the music stops will lose everything.
Javier Milei will be FAR better for Argentina than any other polician since Menem and he got lucky and he was also a POS. Milei will try to save Argentina once and for all. Argentina has been DESTROYED by corrupt politician after corrupt politician. The worst of them became presidents "The Kirchner". First the husband then the wife and all of their crony friends stole BILLIONS UPON BILLIONS of Dollars from Argentina. They also stole massive amounts of land. They had a prosecutor killed who was going after them called "Alberto Nisman" and they claimed he commited suicide by shooting himself in the back of the head. Most everyone has NO IDEA how bad it was in Argentina until Milei arrived and he was given a country in RUINS with MASSIVE DEBT and no way to get out of it because it's a cultral problem like in most of the World.
YOU KIDS HAVE NO IDEA ABOUT THE WHOLE REASON WHY IT WAS INVENTED IN THE FIRST PLACE. God we’re so early
Better hope the interest doesnt fuck your profit. Anybody reading this, HORRIBLE IDEA
People have families with 5 kids on double shifts at McDonald's... not the route that I'd go down, but anything is possible. If you're waiting for the perfect moment, I have some major life news for you: there is no perfect time. For anything. Ever. You create your future with hard work and dedication. And if you're worried about having enough money to start a family, wait until you have to raise and maintain one! YOU HAVE NO IDEA.
HODL for Bitcoin = Great Idea HODL for altcoins =TERRIBLE IDEA!
I'm into crypto and I have NO IDEA who Gary is, or why he would be negative for Biden
Buying from the top is a GOOD IDEA
If you literally have no idea. Like no hints, no clues. Sell everything l because you're in over your head. Obviously nobody's claiming to be able to time things perfectly. But you should have SOME IDEA or you're going to lose your ass.
The IDEA of it is important—I love it. But I would never stake my life on the current mechanics of it. I cannot unequivocally say that these devices DON’T connect to the internet in some way just because some company says so on its slick, fancy website. I have no way of knowing that.
No, again i'm not saying bitcoin is money for the end of the world. I'm saying it's money for if that end of the world doesn't happen - i'm saying the IDEA of bitcoin can survive into the future even if we deleted every single power station/wire/etc ... these things could exist in the future still. Do you expect humans to go back to the stone age and simply forget all of this knowledge we've acquired for the last 50,000+ years? We'll just forget math and civilization?
i just don't see a world where people stop caring about all the endless comfort and abundance we have, especially in the west... even if we have a massive and horrific world war - even if we use nukes to (some extent) i expect there will always be humans in the future still using electricity, the internet, and so on... we didn't stop using electricity or communications technology after the first and second world war... in fact adoption of those techs only ever increased - the wars were just tiny distractions comparatively. sure, there might be disruption... there could be some horrible nuclear winter and maybe no one survives... but if we do, bitcoin would still be a thing... if somehow every single node was lost, the IDEA of bitcoin would still be a thing... just like TCP/IP and Email ... you're not holding it for wartime, your holding it for the peace and prosperity time that comes after.
> Each person has a govt blockchain account already linked to their ID/licence/whatever. How do you secure it? Remember, you have to secure it for the absolute dumbest rock that's able to walk, because they still get to vote, and if their votes can be stolen en-mass, the election will be worse off than it would if we'd just accepted their dumb (but true) votes. > but don't forget that there were real tampering attempts and we escaped them by luck. Are you referring to the attempt to overthrow the election? They did that via political games and legal theories, not by vote counting. They made claims about vote counting, but they could make the same claims (or even more complex / difficult to debunk ones) with a public blockchain. I think it's a beautiful IDEA. I'm just having doubts about the rubber meeting the road part.
I did the same thing, but bought a fuck ton of Dogecoin. I wish I just would’ve bought more. Was temporarily a multimillionaire, but boy does the IDEA of having more burn you down lol. Never had the guts to sell, hindsight, not the best idea, today, idk what to think lol
$SCREAM BEST IDEA, and i waiting presale!💣 #MemecoinSeason
My spouse knows I invested our money in crypto, she has NO IDEA that I lost most of it in the Celsius bankruptcy (almost all my crypto was on Celsius in 2021 🥲). Hoping to make most of my losses back this bull run, taking the Celsius secret to my grave.
G morning people's, Just remember to have some patience here it's not a race,And if you need some clarity in relation to where we are at this might be the best time to start learning about how to use some simple tools at your disposal.Stochastic rsi,What is a d ward cross,Momentum, and so forth...... We aren't gonna go to Zero buy pressure is heavy around 61k if that breaks down and we invalidate market structure then that'll be a whole different conversation.Relax and fall back and watch and learn.At this very moment there is alot going on here we're pretty much trading the ass end of a triangle.Leverage and options have been cleaned up, This is healthy for market structure as derivatives push price movement for the time being,Not ETFs it's not even close by comparison. Just remember that smart money sold the top last month as it just did a few days ago around 71 k again.Short term holders are buying in between 63 and 70 but in reality smart money is piling up around 61 meaning their entry point is alot better than yours. DONT TRY TO TRADE IF YOU HAVE NO IDEA HOW TO READ A CHART!!!!!!!! HODLERS KEEP THE FAITH MY FRIENDS !!!!! YOUR TIME WILL COME!!!!!!
Please educate yourself on how public-private key cryptography works. A public key is like a postbox/IBAN, while the secret private key works like a stamp which signs messages associated with the mailbox, and it can open the mailbox. Connecting to a web3 website is an operation which just lets the website know the postbox/account address. This is completely passive and harmless, and is the “Connect” action prompted by your wallet. Making any non-passive actions, such as approving some contract (e.g. Uniswap, or a hacker) to be able to spend your funds, requires a stamp/signature for this action to be made with your secret private key. Just like a deed needs to be signed to become effective. The UI prompt for these two operations looks similar due to Metamask’s questionable UI design. This is one of the reasons why it is A VERY GOOD IDEA to use a hardware wallet or at least a smartphone QR code scanning based wallet such as AirGap Vault. This way, your private key does NOT reside on your PC, it can not be stolen, and you can not accidentally use it to SIGN something that can harm you unless you plug in the hardware walley and click its signing button. Or you scan the QR code to be signed into AirGap wallet. Using a wallet such as Metamask with the seed on your PC is thus a very very very bad idea. Scam sites present the signing action as just some minor thing to do (you wrote “I just signed something above”) while it is in fact everything but. And since the secret key is on your PC in Metamask, it will happily do this harmful signing action. Performing a signing action === funds leaving your account, simple as that. Do not use Metamask, it forces you to keep a seed on PC. Rabby is a much better wallet extension. Get a hardware wallet or use airgap vault. Delete the seed from your PC and keep it in a hardware wallet or in airgap vault. Learn the difference on web3 between the actions of connecting (harmless, does not need private key) and signing (results in moving funds, needs private key).
How can people make such statements with such conviction is beyond me. This guy thinks he knows, but he has NO IDEA.
I hear you. For sure I do. Here one day, gone the next, is an epic shock to the system. Still getting over it. Keep holding them close. And thanks! Oddly had. NO IDEA it was my anniversary on here! Super weird that I posted today. I barely ever do!
NO BAD IDEA… and for anyone else doing this it is not a smart way to manage your retirement savings
Addressing specifically MEV on Algorand: There is no Maximum Extractable Value ("MEV") or frontrunning opportunity on Algorand which is one of the amazing parts of the chain. Algo tx fees are fixed; no reason for a node to pick any one tx over another to include in the next block so they are processed FIFO. Front running requires planning right, like in this example: You manage to find an NFT \[non-fungible token\] ticket for the Taylor Swift concert for $500 on an auction dapp. When you try to buy it, a bot sees your transaction and front-runs it for the same price. But, don’t worry, in the same block they’ve sold it back to you for your maximum bid of $1000. But if you have NO IDEA when or if you will be chosen as a block proposer or validator, how are you going to plan anything? (FYI this is by design on the Algorand blockchain)
Same ones ive said here for last 12-18 months, I have done so much research on them.. $VXV $VRA $TRIAS $XCAD $IDEA $TEL Some have already pumped a lot (Trias for example was 0.80 when I told people here to buy, now its $15 but $150 is min target) Some are still a good x10 off their ATH and will beat it, research them and their partnerships, VXV has a 84m marketcap and work with space X and Nvidia, its a no brainer.
This is a terrible. It’s literally gambling. Could go up. Could completely tank. This is a TERRIBLE IDEA! I had a friend who did that a couple years back. The problem is you don’t when to take it out. He lost all of his return in the end. I would be freaked out if someone was literally gambling the future.
And what happens when BTC tanks 60% like normal? Yes sure it'll go up but I don't know many people that would be cool with me taking 60% of their life savings for a month or so on the idea that they may get it back and may get more back. All while their rent or mortgage is due, water is due, electricity is due, they need to go grocery shopping, and their kid needs new shoes. DIVERSIFY YOUR PORTFOLIO! GOING 100% IN ON ONE THING IS A TERRIBLE IDEA!
Interesting.. Actually I'm at +1100% for 180k gain.. AND I HAVE NO IDEA WHAT TO DO
You dont understand bitcoin. IF YOU LOVE YOUR FAMILY YOU SHOULD BE ALL IN ON BITCOIN. You have NO IDEA where this is going. NO IDEA. Yall in this sub think its going to take YEARS to get to 100 mil. LOOOL. yall are going to be left behind so bad
The shock is they're not entirely wrong. I Mean people love the IDEA of BTC, but not many people actually trade in it. For actual trade, you need #BCH, or #DASH, or #Monero, or any one of the other 10,000 coins out there.
The shock is they're not entirely wrong. I Mean people love the IDEA of BTC, but not many people actually trade in it. For actual trade, you need #BCH, or #DASH, or #Monero, or any one of the other 10,000 coins out tehre.
Lmao ARK??? Cathie Wood HAS NO IDEA WHATS GOING ON Fidelity and BlackRock will happily sell you GME. Why do they need to sell you good assets?
Whoever pays you for IT support, pays you way too much. That is the problem with kids who were born after Win95. They have NO IDEA what DOS is…no idea that Windows is not actually an OS. Windows is a GUI built on top of the DOS language. A .bat file is an executable SCRIPT (which is the same thing as saying program) compiled and run thru Windows by CMD.EXE because Windows is NOT an OS…it is a GUI. If you were at a DOS prompt (something you have probably never seen) you would see that you could EXECUTE a .bat file freely and totally separate from CMD.EXE
You clearly have NO IDEA how crypto works. Please educate yourself.
USB drives fail all the time! Keeping a seed on a thumb drive is a BAD IDEA!
ALL HAIL THE MIGHTY DRAGON. SUPER BULLISH ON THIS IDEA DCb12cmocJYx6r4JaoxwMN5Hwa8qYKzyVPxRZbGXfVUv
Of the TOTAL SUPPLY OF THE UNITED STATES DOLLAR buddy there is over 2 trillion us dollars in circulation, you have literally NO FUCKING IDEA WHAT YOU ARE TALKING ABOUT. That would mean that over 3 months the federal reserve printed more money than 10 times the GDP of the entire United states 20 times if we use your more than 20% literally baseless claim. What an absolute clown show you are up and down this thread confidently spreading absolute bullshit with no basis in reality because you have such a hate boner for the federal reserve you literally begin to fabricate facts lol. (We in the business call it FUD) Clearly you have no understanding of, currency, the federal reserve or even the economy as a whole and any further discussion passed this point would just be wasting my time.
Do you have any IDEA the mental toll three vasectomies have on a person?!?!?
That woman has NO IDEA what reality is like for most people. "Oh, just take a year off and explore the world..." "...dip in and out of work..." Apparently, she's never had to struggle just to keep a roof over her head and food on the table.
The second the internet existed people were able to Communicate in ways that were not possible before. The second it existed, it had utility. Lots of people couldn’t take advantage of it, but it had immediate utility. Btc did not. It didn’t even have value for the first year. Btc is an amazing IDEA. It has shown the world what is possible. Now those possibilities will come to the fore, and Btc will shrink. The internet is not one protocol. It’s a group of many. That’s what crypto will be as well. And what it will not need, is a dinosaur. Btc is not digital gold. That “definition” is a result of moving goalposts, because it failed at the first few intended uses. Not is it a “store of value”. This is also a result of moving goalposts. That’s all the hope there is left for this token. And it’s going bad job of that too. Because it’s not meant just to store value. It was meant to be used. Except it’s been left behind in every way.
I know I'm in the wrong sub for this opinion, but: No one knows shit about thinking about CONSIDERING THE IDEA of thinking about fuck ALL
Your opinion is delusional from my perspective. The Fed saw that inflation was running amok and had to raise rates which cut the cycle short and caused 🐋to sell. Most importantly tho- the whole IDEA of BTC being something one would be interested in holding is because the govt’s are printing too much money and can’t balance their budgets. You just don’t get the real point, so look at the chart if you like numbers instead… BTC not exponentially growing like it was, but it will continue to appreciate and while you hfsp
OMG she has NO IDEA what’s she’s talking about. She completely dodged his question regarding a blockchain solution for digital currency which is already a red flag. What will Bitcoin solve vs central bank digital currency you say? How about blockchain transparency for starters, a hard limit of 21 BTC so you don’t just create more coins out of thin air and deflate the whole thing like you are with USD. Shall I continue?
>While this approach can be useful in the case of a physical threat to ensure plausible deniability, it lacks robustness in the event of the recovery phrase being lost. If the recovery phrase is lost, you're fucked. If you use some crazy encryption scheme on your seed phrase and can't remember it/your heirs can't figure it out, you're fucked. Back up your seed phrase in order, unencrypted. If you have reason to believe your seed phrase has been compromised, a passphrase gives you time to move your coins to a new wallet. If there are sats in the passphraseless wallet, whoever got your seed phrase won't have reason to believe that they should even be looking at passphrases. ​ >It involves diligence, and the user must double-check to ensure there are no errors during the process. Adding any kind of complexity/steps you can fuck up when it comes to recovery is a BAD IDEA.
>Normal peasants can’t buy a whole coin now.. Yeah I have NO IDEA where this guy got the idea they can Has he not read any newspapers past 15 years? They repeatedly publish an article at least annually - the repeating theme of 80% of Americans couldn't come up with $600 in a life-and-death emergency etc.. etc.. (I can't remember the exact figure so don't trust this post)
BAD IDEA. Gold prices are volatile. This does not solve any existing problem.
That's a big brave move, I dunno if I'd support that. I'm a big bitcoin fan and only an amateur investor i have small amount of btc (so maybe someone with more experience in this space could advise better) I dunno if I'd be willing to allow my wife to gamble something that has worked for generations. Wouldn't be a great look to be the one to hand over basically an empty USB at the next wedding instead of generations of gold. The story, the history and the inherent duty of this ritual alone would make me say NOT A GOOD IDEA but I'm just a random internet person, I hope whatever decision you make works well foe you
1. The TRUTH about money is NOT taught in schools, not even in college. This is not your fault. 2. You know so little about money that you have NO IDEA just how much there is to know. 3. YOU don't immediately see for yourself what is wrong with what Krugman says. As a person who has read stacks of books on the topic, and who has watched countless hours of people explaining and talking about the topic II am fully qualified to tell you that you lack understanding. If you go on wallowing in your ignorance from this point, it will be YOUR OWN FAULT. Not my problem. Good bye.
> iat currency has at least a country's economy and military supporting it. That is not true. In fact, the military is "supported" by the country's currency. The military does not stop the central bankers from "printing" the country's currency to death. > If everyone uses BTC, who will protect the order of this world? You suppose there is an "order of this world." You further suppose it needs protection. You further suppose that we WANT such an order. I say that this world is currently run by criminal, "money-printing" bankers. The whole IDEA of Bitcoin is to allow us and alternative to being robbed by them. If you like being robbed by them, just keep using their fiat currencies.
CRYPTO IDEA: A crypto that has a useful mining function where an AI is trained. It could be a large language model and the more a node is able to lower its error means the more of the coin they receive . eventually the error would be so close to zero and no more coins could be made. Another way could be to have owners of the coin vote on the type of AI they wanna trains so more work could be done. I think this would be really useful and lower GPU prices by combining thr two biggest uses. Coin holders could vote on architectures, datasets, and other things which would effectively make training an AI much easier. What do you think of this idea??
Im going to add MOST people dont want to be solely resp for their money. Why? If there’s a f$ckup its the bank’s fault. People dont want to be the ones that got phished or whatever out of their retirement fund and have basically zero recourses. Like it our not, people love the safety nets provided by the banking system (as much as they like to b&tch about it). Everybody loves the IDEA of full oersonal auccountabikity until you realise how much it is you don’t know and the chore and work it takes to know stuff you even think you needed to know or worse things you never knew you didnt even know to ask. The illusion of competency provided by a robust banking system and even gov makes people feel way over-capable basically.
Some counterpoints - ​ 1. A lot of us do understand the basics of how it works and we've seen a lot of the goings on with the big coins, the small coins, the meme coins, and the shit coins. Sure we may not understand every granular element, but we understand the gist of it. We still don't like it and think it's stupid. This is big, "You just don't understand the *fundamentals*." energy. 2. No, we don't give a shit about what the Fed says or what regulatory bodies say even if we follow some of that information. There's no government campaign of misinformation. There's some uninformed idiots sure, but that's just Congress in a nutshell on a wide, wide range of topics. Crypto isn't unique. 3. Yeah, because the scams arguably seem to be a core feature of crypto. Without safety nets etc. there's minimal reason for me to move my investments or money into crypto when I have FDIC insurance on my bank account and my other investments are in far less volatile markets that aren't subject to the same kinds of wild swings crypto is. 4. Yeah, because it seems very central to the whole space. It folds in with the scams since most of these are scams at their core. 5. NFT's are literally the dumbest scam idea ever and the bottom already falling out from it is great. We had no interest because it's a stupid fucking idea, and we're seeing how truly of a stupid fuckin idea it was all along. We were fuckin right rofl. 6. Tangibility is irrelevant. I rarely have physical cash beyond a few 20's I keep for emergencies. I'm digital baby, all my transactions are done with plastic or online. This may deter some folks, but the vast majority of folks not adopting crypto don't give a shit about a physical coin or piece of paper. 7. Yeah, this is a huge one that kills coins as anything remotely useful. At best it's a speculative investment asset, *at best*. Volatility makes non-stablecoins (which are a hilarious concept to me that undermines the very premise of crypto ditching fiat, but whatever) worthless as an actual means of exchange on a regular basis. Few other bits - 1. The crypto community is largely insufferable for a variety of reasons, including that y'all largely refuse to accept that *people just don't fuckin like crypto*. It's always that "you don't understand it" and like no, we get it, and we hate it. I hang around for the lulz because the whole web3 space is a nonstop dumpster fire of entertainment. 2. It has beyond limited use-cases which make it generally unappealing as anything other than an asset. Sure you can buy and sell and exchange it and all, but not at many places. 3. "Bitcoin ATM's" like one I have near me, that's just a BTC vending machine and has idiots operating it convincing the poor lady running the gas station that Canada has ditched the Canadian dollar and are using crypto now. 4. "Magic" of how smart contracts and all these other solutions will solve everything that, if you're paying attention, rarely actually plays out in the longrun. 5. Really, I cannot stress this enough: ***WE FUCKING GET THE CORE CONCEPT, BASICS, AND MORE AND REALLY THINK IT'S STILL A DUMB, NO-GOOD IDEA LARGELY PROMOTED BY A BUNCH OF TECH-BROS WHO WANT TO GET RICH QUICK WITHOUT ANY EFFORT***. The crypto community is insanely insular and responds with hostility to criticism on the regular, and this thread alone is a great example of how everyone largely defaults to, "They just don't understand it!" to explain why people don't like it which is the ultimate brainless cope. Sometimes, that thing you really like and think is a great idea is just really not that popular. Pogs and Benie Babies were once great investment opportunities, too. Too bad people just didn't understand them and now they're mostly worthless and difficult to find anyone who will pay good money for.
You’ve been in crypto for 6 years and still haven’t learnt that keeping coin on exchanges is a BAD IDEA! Stupid
This. Most have NO IDEA how expensive long term care is. Most would be shocked.
seems a few people think it wrong to copy but I also wondered, genuinely, not argumentatively, why exactly it it was wrong. and then decided I'd share my inquiry in more detail because I did something once, many years ago that I actually had NO IDEA was wrong. because I thought I was doing the *exact* same thing I'd been invited to do, either personally/directly or by websites I thought were in the same category as the one I had found most recently back then. yes, I had no internet savvy at all back then and I'm no tech expert today, missed😕 a LOT of what those it was all east for knew or understood automatically. but then, while typing away I got too hungry & tired all at the same dam-time..but saved what I wrote, so far, hoping to get back to it by the end of tomorrow.👍 💫🧚🏾♀️🪄🔮
This is vastly naive. Maybe it's true for greenfield companies who are just setting up shop. But that's a minority of business out there. Everyone else *ALREADY HAS* ways to take payment. It's kind of the second thing you do after you've invented your product: figure out how you're going to collect payment. And these ways aren't just as simple as they look from the outside (pass over card, hear a bleep, walk away...). The mechanism of collecting payment is tied into everything. It's tied into inventory. It's tied into profit monitoring. it's tied into advertising, and ordering, into your employee performance monitoring, into your accounts and your tax collecting and filing, and your audit records, and the loan to your bank, and the bill payment system, and payroll... .... there are a thousand little tendrils snaking from whatever payment system you have into every single part of your business. The cost to glue crypto as an overlay onto any sizeable business is huge. And if it doesn't result in more actual sales, then it's a non-productive cost. Since practically nobody (except very fringe early adopters of payment systems, who very enthusiastically do) whips out their wallet and asks "now, where can I go shopping with this", that cost has almost no payback... because you choose how to pay after you've chosen to buy. And unless you are selling something to folks who can't (won't, don't) use any of the other available methods (a very small fraction of the population), you just aren't going to get a return on investment to adopt the new payment system. So merchants don't adopt. Unless it's integrated into one of the existing mechanisms. But unless all your customers know the new way is available beside the old way, when it comes time for them to pay, they'll pay the way they know... and now you (or the payment system) have to teach a whole bunch of customers how to use the new way... and that too is costly. These costs are enormous. The return is negligible, until scale. The problem is that you often run out of money affording the costs, before the return adds up enough to start paying for the existing costs, let alone repaying all the costs to get to scale. THIS FACT HAS KILLED ALMOST EVERY NEW "PAYMENT SYSTEM" IDEA THAT HAS EVER BEEN INVENTED.
You have your head so far up your ass about crypto that you can't see the forest for the trees. I have been in it since the beginning. EVERYTHING you are saying people have been saying for over a decade. Go buy a banana with Bitcoin. Go convince someone they need a seeded password to access their money. Go convince someone having a PUBLIC LEDGER OF EVERY TRANSACTION THEY MAKE IS A GOOD IDEA. Crypto is not replacing FIAT. EVER. Not in any way shape or form. Bitcoin ESPECIALLY. I have made insane money off of "believers" like you and I used to be one. But there is not a single improvement you've mentioned that makes one lick of difference to anyone who just wants to buy a banana. But yeah go ahead tell me how I dont know what I am talking about when I have worked in the cryptosphere and can name drop some of the biggest movers and shakers. Here's a hint: most of the people who made real money off of crypto by now laugh at people like you because they already realized crypto is just a hideout for scammers con artists and idiots who genuinely believe mass adoption is "right around the corner". This whole thread is genuine proof that most of you don't have a fucking clue what matters in the real world. But Bitcoin as an investment because that is all it can ever be. Bye Felicia.
AI cracking SHA256? You have NO IDEA what you're talking about.
I love it. I barely post in this subreddit, and have no IDEA how i even got this many moons.
The DCA does not necessarily have to be applied in a "Fixed Time" (*Ex. every week or every month, this is the traditionalway*). Can be applied under other parameters, for example at certain '**ATH DrawDowns'** or under certain **'Average Price**' (*MA's*) you can Start your DCA [HERE YOU HAVE AN IDEA OF HAVING A MORE EFFICIENT DCA (Reddit Post)](https://www.reddit.com/r/Bitcoin/comments/wzytpt/when_to_start_buyinginvesting_on_bitcoin_here_i/)
I mean, you can do savings now without Bitcoin. You always could. The problem is that people think currency should be savings and school doesn’t really teach people the difference between currency and assets. If you want to save just buy an inflation matching bond or something like that that guarantees a return equal to inflation. Then you don’t lose purchasing power. Imo the problem is that prices are based against a moving target. Bitcoin does provide some help there but I don’t think it’s the perfect solution. Just part of the puzzle. Ideally we need a soft currency that fluctuates in supply so as to always keep purchasing power fixed. Very similar to what the IDEA is of an inflationary currency but probably best served via an algorithmic stablecoin pegged to the value of a lambo backed by assets such as BTC.
Waitamin- you profited you didn’t pay off the original loan after taking what is otherwise ridiculous risk the first time??? BAD IDEA.
I think some of those countries love the IDEA of BRICS. But what about the leaders? That's a lot of ego in the room. Do you think Putin is just going to let Xi Jinping control it all and vice versa. How long before one of them wants their currency to be more upheld,etc.
I mean, I like the IDEA of what /u/Nose_Grindstoned is saying, but the truth of it is that I’m not into it enough to go out and buy an Oculus headset. I think the idea of being able to share a virtual place with other people is neat and can open up some cool opportunities, I just don’t know how they’re ever going to get to critical mass
>You download the firmware from their site and verify it was signed by the correct person using their pgp keys and gpg. Unless you compile the code yourself (which 99% of people would have NO IDEA how to do), then the chain of custody if broken. You're trusting that the firmware you are installing really came from the code they publish. If you rely on someone ELSE to compile the code, and sign it.. how do you know THAT person didn't insert a back door? See the problem? Open source does NOT mean you're running the open-source version on your device unless you went through a whole bunch of extra steps that most people are incapable of doing.
Satoshi was an IDEA, the character/being is like Robert Paulsen, we are all Satoshi and we are nothing.
after being in crypto for more than a year I still has NO IDEA where people even buy these coins before they hit the big exchanges.
Dummies, "Lets ignore the thing the rest of the world is adopting, "THATS A GREAT IDEA!!"
Dayuuum GREAT IDEA!!!! Less get this done!
burn = transfer to all of us. BEST IDEA!
#CZ SURE HEAD A BIG BRAINED IDEA GET IT? Cause he has a GIANT fuckin HEAD
I'm not trying to retire on moons, so the price action isn't my main concern. But the IDEA of moons, as a beacon of possibility in the social media space is revolutionary, and trendsetting in all the best ways. I hope utility grows to make this style a norm.
We're in the "THEY FIGHT YOU" stage. Can't wait for the "IT WAS ALL THEIR IDEA ANYWAY" stage
Converting reserves into assets that are correlated to the performance of your firm is a BAD IDEA. It's a wrong-way risk - the more crypto falls, the worse the situation of Binance and vice versa. That's why Luna and FTX collapsed.
| a thief accessed my cold wallet and stole my stablecoins and are keeping them on a dex with no kyc I have used computers for 40 years, know what crypto is, and I HAVE NO IDEA WHAT YOU JUST SAID.
I love the IDEA of a play to earn game, but in reality they're all kind of terrible. For me, I think back to my time playing World of Warcraft. I played the game for a year or whatever. When I quit I probably could have sold my account for $100+, but to me it wasn't worth it as I didn't want to risk getting scammed or get my account banned. I just kept it in case I ever wanted to return. If there was some way where I could easily convert my account or items to an nft and sell it to someone when I quit that would be perfect. I don't even want to make a bunch of money or anything. If I could get back what I spent on the game or even $20, that would be pretty cool. The problem is you don't really need the Blockchain to do something like that and a game like that wouldn't attract investors or money. Any game with a token is just going to be a big Ponzi or feel like a free to play phone game which is not what most people want. If there's a way to somehow earn money playing the game it's going to be filled with bots or people in third world countries trying to earn a living which is just going to drive down the potential earnings until they become pitiful. Any game that requires an investment to play is a terrible business model that won't scale.
Honestly…NOT A IDEA! Create an exclusive discord where you have to pay with MAGA in order to unlock certain functionalities haha
MOVIE IDEA **GOONIES 2** set in the year 2080, instead of pirate treasure a gang of weird but likeable rapscallions search for One-eyed Billy's seed phrase.
This could be a double-edged sword tbh. As a parent I would chose to save an amount of money for each kid. Until they turn at least 18. That would be much better. And about responsibility. Let them learn it from you. Show them how you spend your money and on what for example (important stuff & secondaries…). But Tbh you idea looks interesting too. But just with a small amount of money they could spend it on what they want based on what they’ve learned from you…, Idk I DON’T LIKE THE IDEA OF CRYPTOCURRENCY IN THEIR AGE.
Please don't rely on just your memory, even for the passphrase. Your heirs will need it if you die, but it's also easy to be incapacitated in a way to make you forget. Real world example: I have a passphrase on my password vault. I typed it 10 times a day because I had it set to a short timeout. It was in my memory TIGHT. ... I ended up with a brain tumor that needed three surgeries and 35 days in the hospital. When I got home I sat in front of a computer... I had NO IDEA what my passphrase was. Fortunately, I had it engraved on a metal plate. If that was a wallet passphrase and I relied on memory and didn't have a backup, a chunk of my retirement money would be gone.
The economics changed a few years back when paper ETFs and fractional reserve exchanges started playing. Gold used to be a perfect hedge against inflation. But when fractional reserves and ETFs came to the gold and silver markets, the price instantly went stagnant, and has stayed stagnant ever since. We have NO IDEA if Bitcoin is immune to this.. But cycle or not, we're now in uncharted territory. I have my doubts it's going to pump like people think it, this time.
Just want to say....other people shouldn't do this. OP is in a position to do this because its convenient for him. He can pay off the loan no problem and has a solid plan. In general borrowing money *you don't have* just to invest in something as volatile as crypto is a BAD IDEA.
People also underestimate how informed the general population is. Tons of people have NO IDEA about what happened. They will get scammed.
I don’t know yet I am in a good spot I was GOING TO last night being THIS TIME yesterday. I was going to cash out at what is the same price portfolio now. So I’m glad I didn’t YET. Who knows NO TRADE IDEA or EXPECTATION WILL EVER BE 100% and EVEN LESS SO IN CRYPTOCURRENCY MARKETS. If you trade it you know most things follow $btc. If they don’t they have either good or bad reason/s for that. Anyway I am GOING TO TURN IT INTO USD Crypto NOT CASH…. Never cash crypto!!
Hahahahaha. Our BIGGEST problem is we cant expect grandma to have ANY IDEA how to buy and transfer crypto. Dimon is clearly building behind the scenes to be spewing this garbage. Well played Jamie. Its NOT what they say, its what they do.