IRL

votedoge2024

VoteDoge is going IRL! Community already dropped 2 songs on Spotify. This project is going to go viral by Election Day 😎

FaerieDragon9

Can’t wait for my mug! VoteDoge going IRL 🙌🙌🙌

FaerieDragon9

Can’t wait for my mug! VoteDoge going IRL 😎

flying_bacon

Never tell anyone IRL how much you hold

UristUrist

I understand the somewhat judgemental and aggressive response. However, the only money I'm trading with is profit I've made from trading in crypto since 2017, where I got into ADA in the 0-10c range. Unfortunately IRL I could really use the money, it was always meant to be a long hold, just can't right now\~ (buying a new house \^\_\^)

Lavayo

My Brother told me a friend of his took a mortgage on his House to buy BTC. I think after that he made a small investment. He ist the only IRL person that owns BTC that I know of.

havoc2k10

why would you trust someone you dont know online with your money when even your relatives can scam you if they had the chance. You can track a wallet transaction on blockchain explorers although you will have a hard time finding information about that scammer. "So have I just lost and learnt a 500 dollar lesson?" Be it in crypto or IRL transactions, you need to be cautious, there are a lot of victims of old and new scam schemes, when i started crypto I always get scammed too.

cruyfff

There should be halving parties in every major city. Like crypto people just getting together and hanging out. This space is way too digital and often feels very divided / full of in-fighting. I think more IRL hangs would be good for crypto as a whole

GeminiLanding

Happy IRL Cake Day! 🍻

Slippytoe

Bitcoiners IRL are like rocking horse shit… I don’t get it.

FordPrefect343

The moment you are scanning it with the phone have defeated the purpose of the wallet. There's no such thing as a magical firmware check to gaurenteed safety. You also cannot just "shred the ram". You need to have access to your private key every time you make a TX. Scanning a card with a phone is the same as manually inputting the seed into the wallet to use. If you want a device to be a wallet, buy cheap smartphone, iPhone is probably the safest. Load a wallet application and create a wallet. Turn the phone off and then only turn it on and connect it to the Internet when you want to make a TX. This is the safest way to go about it, this also means your wallet is not on your phone, so you can have your phone stolen or be tricked IRL because the device is somewhere safe, like a safety deposit box

Important_Addition

To be fair commenting on Youtube anonymously is a harmless activity but we are now introducing financial markets to the internet. If we heavily regulate finance IRL we should also apply the same rules for it online. I'm just worried it will all go too far.

Cryptix001

I got laid off from work a couple weeks before my wife went into labor with our first. We had about $4k in my crypto portfolio so I figured I'd try to throw a couple hundred bucks into various memecoins to see if I could get lucky and grow that a bit. I got lucky with one project that ended up tanking because the devs got screwed by one of their own (allegedly). Thankfully, while in that project's TG group, I met Nik (one of the POWSCHE interns) who turned me on to this project he saw a lot of promise in. Dev's active in the chat, sounds serious about proving that memecoins aren't full of rug pulling scum, has a really engaged community, and wants to break out of the trite meta og animals and their fucking hats and do something with established IRL communities. Like nice cars, for example. I figured I didn't have much to lose and swapped what I had left in that other memecoin over to this project. $POWSCHE. It didn't take long until I swapped the other memecoins over to this project. After all, it was the only one performing and the dev and community did seem serious about their mission statement. After hanging around the TG chat and hearing the VCs with the team, I decided fuck it. I'll swap all my crypto to POWSCHE. Started out with about $3100. I've seen it go up to $44k at the ATH. Seen it down to about $10k. I know and believe the team behind it will take it so much further. If nothing else, POWSCHE and the team behind it have offered me to be able to spend time at home with my wife and our newborn after a traumatic birth without needing to stress over money. If we need to, we can chip away little chunks of my holdings when rent and bills come up. As much as it sucks to have to sell off bits of an asset I know will grow exponentially in the future, you can't put a price on that peace of mind and time with family. So thank you, Dev and Co. A heartfelt thank you.

M4cHiin360

Yeah but do we really need that much scale? Do you actually know people that use blockchain. I'm talking like IRL people. Solana is like 99.99% mev bot gambling on shitcoins and doing MEV

flying_bacon

If I had Bitcoin I wouldn’t tell anyone IRL. Guy is a poser, ignore

CointestMod

#Crypto.com(CRO) Pro-Arguments Below is a Crypto.com(CRO) pro-argument written by IAmGiff. > CRO or Crypto.com coin is the native currency of the Crypto.com app, exchange and blockchain. At time of writing, it’s [\#17 by market cap](https://coinmarketcap.com/). > > To begin, the coin is inextricably linked to the fate of the parent company (which is officially named Foris DAX MT (Malta) Limited and was founded in 2016). The coin’s primary purpose is to support the company’s various initiatives, and the success of those initiatives is what would drive adoption of the coin. For the purposes of pros and cons, I don’t think it’s necessary to make sharp distinctions between the coin and the company. > > **Pros** > > I’ll start with three priority areas outlined in their whitepaper: payments, trading and financial services. In [their own words](https://crypto.com/images/crypto_com_whitepaper.pdf): *“Our strategy is to leverage* ***payment solutions as the primary tool for driving adoption and user acquisition****, while building* ***trading and financial services solutions as the major sources of revenue****.”* > > **Real-world payments** > > The company has two major crypto-related payment initiatives. One is a Venmo-like **Crypto.Com Pay** feature. For merchants, the payment system offers lower transaction costs than typical interchange fees and instant settlement. For consumers, there’s a strong “cashback” program. (Despite the potential, it’s unclear how much uptake there is at this point.) > > The **Visa pre-paid debit cards** are becoming fairly ubiquitous. In the U.S., these are issued by Metropolitan Commercial Bank (a New York State chartered bank & member FDIC). They offer some of the best rewards of any card on the market. There’s a tier system, progressively requiring higher investments in CRO to get to higher tiers, that people seem to find motivating. Many people love the design. There’s lots of information about how they work so I won’t repeat it here. Key point is they're indeed popular. > > The most important point (that’s often oddly missed in this discussion) is the cards give you a fast and efficient crypto offramp. Some cryptos can be loaded directly onto the card. Others you have to take the 3-second step of converting to USD or a stablecoin and then loading the card. Either way, you can start with crypto and buy almost anything IRL in a few seconds. > > **Trading** > > In many countries, crypto.com is a full-service **exchange**. In the US (where I’m based) it’s only an app for now although there are plans to open a full exchange eventually. The exchange is ranked #9 by [Coinmarketcap](https://coinmarketcap.com/rankings/exchanges/) although it’s ranked as high as #4 by [Coingecko’s methodology](https://www.coingecko.com/en/exchanges). Recently their spot market volumes are about 20-25% those of Binance but about 80-90% those of Coinbase. (They are a smaller player for now in derivatives, although that could change if they were able to tap the US market.) They support slightly more cryptos than Coinbase, although nowhere near as many as Binance. The fees are apparently cheaper if paid in CRO, which is a driver of utilization. I can't try it out yet myself. > > The **app** is a limited experience but easy to use. If you set-up an ACH push to fund your account there’s no fee to load money onto the app, and card fees are also waived for your first month. Long enough to get many new users hooked. (Although it appears there’s no fees to buying the crypto, there’s in fact an opaque and variable spread fee; more on this in my cons post). If you’re just trying to buy and hodl crypto on an exchange, spread won’t kill you. If you want a gentle introduction to buying your first $100 of Bitcoin, this will work well enough. At the moment I just checked, you’d get $99.6 of Bitcoin for your $100, so that's 0.4% in spread. > > **Financial Services** > > Their **Crypto Earn** and **DeFi wallet** programs are attractive for new crypto users, and allow users to progressively pursue more complicated investing strategies. Crypto Earn is the custodial option on the app, which offers a simple way to earn fairly high interest rates on many coins. > > Their DeFi wallet is a more advanced non-custodial option, with the ability to contribute to CRO validator’s staking, or to participate in liquidity pools. (There’s also a lending program but I’m not familiar with it.) > > ***In sum***, the crypto.com financial ecosystem is not 100% there yet (especially with no US exchange), but it’s the closest thing I’ve seen to a full-service crypto-based financial services provider, and you can imagine a not-too-distant future where, for some people, the company’s offerings would be complete enough that you could ditch your bank entirely without jumping through enormous hoops. In this world, of course, there’s lots of reasons people will be buying CRO. > > **Marketing** > > Many people are very hyped that Crypto.com does a lot of marketing which should benefit CRO and perhaps cryptocurrency in general. You may have heard there's a Matt Damon commercial and a basketball arena in LA. I'm aware Cointest rules say not to focus on marketing, so I'll just make a quick observation. I’ve seen some people say, “oh this is just hype etc.” but if you look at the traditional asset management space, Charles Schwab has a market capitalization of like $170 billion and the primary differentiator between it and other asset managers is really just that Charles Schwab carpetbombs the airwaves with marketing. Marketing does matter in consumer financial services. > > Cointest rules say not to base arguments on price either (Charles Schwab's market cap is NOT a price prediction btw, sorry y'all!) but it’s also relevant to briefly note here that CRO’s marketcap is about 1/6th of BNB’s, so many people believe there’s still upside to this set of observations. > > **Regulation & Security** > > Crypto.com advertises that it works hard to comply with regulation. As a publicly-traded company, so does Coinbase, of course, but the regulatory-compliant approach is quite a contrast to Binance, for example. [Crypto.com](https://Crypto.com) claims to be the first crypto company to have various levels of ISO compliance, [https://crypto.com/images/crypto\_com\_whitepaper.pdf](https://crypto.com/images/crypto_com_whitepaper.pdf), etc. Philosophical arguments about regulation aside, the relevance to CRO is I think it’s fair to say these efforts at compliance probably reduce (but don’t eliminate) the risk of countries swooping in and hammering the exchange or the coin. > > **CRO technical details & tokenomics** > > There were originally 100 billion CRO, but [70 billion were burned](https://blog.crypto.com/70-billion-cro-to-be-burned/). Most people expect the 30 billion supply to continue in the future. There’s currently about 25 billion circulating with the remainder primarily being distributed overtime as validator rewards. These rewards encourage decentralization of the network by giving people an incentive to act as validators. Some people see that as a philosophical plus, but this is still a coin that's very dependent on the company. > > Although the supply is fixed at 30 billion, it’s worth noting that even in the absence of future burns, the supply on the market could fluctuate considerably if the company built up or ran down its holdings. > > Another factor that some consider favorable is that the Visa cards require people to make progressively larger 6-month stakes for higher tier cards (and keep the stakes to retain the card benefits). Therefore, if the number of cardholders increases, an increasing amount of CRO is tied up and unavailable to be dumped. > > CRO successfully migrated from ERC20 to the Crypto.org Chain Mainnet earlier this year. The company has also very recently launched the [Cronos Chain](https://cronos.crypto.org/docs/chain-details/introduction.html) which is compatible with the Ethereum Virtual Machine and is thus an option for developers to connect Crypto.com users to Ethereum projects and apps and so on. This is interesting to follow, though I think the main reason to invest in CRO for now is if you believe in the company’s vision for executing its financial services offerings. > > **Betting on the sector** > > Finally, there’s a philosophy behind betting on CRO that’s worth mentioning. With apologies to everyone with WAGMI tattoos, there’s over 16,000 cryptos tracked by CoinMarketCap. It’s very difficult to imagine that the majority of these will thrive in the long-term. Some will fade away, new (and often better) ones might arise, etc. > > When you bet on an exchange coin you’re partially placing a bet that demand for buying and trading crypto will continue (at that exchange), but you can be otherwise agnostic on which individual technologies and coins are the best. What’s the best chain for dApps? I have no clue. But I think we’re likely to have dApps in the future and people will want to trade the related currencies and use their crypto. So a nice way to bet on this agnostic view is to invest in exchanges, rather than trying to guess which projects are best. > > **Disclosures:** I’m an Indigo card holder, but don’t hold CRO other than for the stake. I’m personally bullish on cro but I have a lot of cons about it too. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_crypto.com.28cro.29) to find submissions for other topics.

Jacked_1

Nostr ia generating a circular economy (nevermind the IRL ones). It has streaming, tips, and eBay-style markets, all in sats, Lightning or ecash. No one there complains about it not being a medium of exchange.. My point is, it depends on the social circles one sends time with. In first world countries where fist dominates yet most don't even consider Bitcoin a store of value when they themselves are being shown to be factually wrong about how saving in the bank is the way to go, or how "inflation is companies making things more expensive" - When they're two different things. It's a lack of education. Give it time.

HODL-MOFO

These posts are genuinely made by schizos. You underestimate how many people actually own BTC right now. I get it, globally speaking it’s peanuts, but you have to know that there are around 60 million actual addresses out there, and that’s only right now. Not to say, most people still own their shit on exchanges - how dumb that might be and how many times people here say “not your keys, not your coins” etc. People are just not very smart beings, so the number of addresses, including exchanges, is well over 100 million. Not 100 million people, because multiple addresses can be owned by one person, but I still believe that if we’re talking in cheer numbers of people who own at least 0.0000001 BTC, that’s somewhere in the ballpark of around 50 million worldwide. The most important part; that number is growing daily. Point being here is that it’s almost impossible to ever find out who owns what, even if they say the exact amount of BTC they own, 10 decimals down the line. A lot of people buy more or sell some ALL THE TIME. That number is absolutely not reliable 6 months from now, let alone “20 years in the future when people will scrap the internet for information”. Don’t even get me started on the fact that there are THOUSANDS of addresses owning the exact amount of BTC you own, and that’s only if it’s a rare amount like 1.59874215 for example. If you truly have a number that’s rounded down to exactly 1 - there will be hundreds of thousands of ‘competitors’. It is simply impossible to ever find some specific Reddit user’s BTC address. It’s that simple. Sure there will be some morons out there who literally post some piece of vital information that eventually will get them linked to a wallet, but that’ll always be the case. IRL there are people with their wallets out all the time, flaunting their big piles of cash. You can’t fix stupid.

Background-Paper-686

if people IRL read your post they would think you're a weirdo. i know 0 people irl that think people should be executed.. for like any reason lmao. you're a sicko.

viewmodeonly

Escape from Tarkov has had Bitcoins in the game tied to the IRL price for some time

R4ID

the XRPL DEX, it was the first ever created, it has the lowest possible fees, it has the more currency pairs than any other exchange/dex, not a lot of people know about it or use it correctly so there's often a lot of opportunity's for arbitrage, You can exchange and redeem profits for real world value IOU's; IE I convert some of my trading profits into an IOU that represents XAU(Gold) and redeem them to get them mailed to me IRL. with the AMM launch about 24 hrs away, Autobridging and EVM sidechains now paired up with it, as well as Ripples Stablecoin expected later this year (probly around Oct/Nov "Swell" timeline) its crazy to me that more people dont use it.

mc292

how has the sentiment been around those IRL? has sentiment improved now that bitcoin has reached a new ATH, or are people in your communities still up in arms over misinformed opinions calling all crypto a "scam/ponzi/world destroyer" in my case, people still hate crypto

collinincrypto

I would assume you are considering connecting the same wallet to multiple devices? If that is the case, this could end up being a positive or a negative. Your wallet connected to different devices gives you the opportunity to access it when another device may be inaccessible but you are now opening yourself up to the risk of multiple devices. If you click a bad link on a device your wallet isn’t and hasn’t been connected to your safe. If it’s connected, GG I would suggest writing down your seed phrase and passwords on IRL physical password book. If the device is inaccessible then use your seed phrase to recover the wallet.

CointestMod

#Crypto.com(CRO) Pro-Arguments Below is a Crypto.com(CRO) pro-argument written by IAmGiff. > CRO or Crypto.com coin is the native currency of the Crypto.com app, exchange and blockchain. At time of writing, it’s [\#17 by market cap](https://coinmarketcap.com/). > > To begin, the coin is inextricably linked to the fate of the parent company (which is officially named Foris DAX MT (Malta) Limited and was founded in 2016). The coin’s primary purpose is to support the company’s various initiatives, and the success of those initiatives is what would drive adoption of the coin. For the purposes of pros and cons, I don’t think it’s necessary to make sharp distinctions between the coin and the company. > > **Pros** > > I’ll start with three priority areas outlined in their whitepaper: payments, trading and financial services. In [their own words](https://crypto.com/images/crypto_com_whitepaper.pdf): *“Our strategy is to leverage* ***payment solutions as the primary tool for driving adoption and user acquisition****, while building* ***trading and financial services solutions as the major sources of revenue****.”* > > **Real-world payments** > > The company has two major crypto-related payment initiatives. One is a Venmo-like **Crypto.Com Pay** feature. For merchants, the payment system offers lower transaction costs than typical interchange fees and instant settlement. For consumers, there’s a strong “cashback” program. (Despite the potential, it’s unclear how much uptake there is at this point.) > > The **Visa pre-paid debit cards** are becoming fairly ubiquitous. In the U.S., these are issued by Metropolitan Commercial Bank (a New York State chartered bank & member FDIC). They offer some of the best rewards of any card on the market. There’s a tier system, progressively requiring higher investments in CRO to get to higher tiers, that people seem to find motivating. Many people love the design. There’s lots of information about how they work so I won’t repeat it here. Key point is they're indeed popular. > > The most important point (that’s often oddly missed in this discussion) is the cards give you a fast and efficient crypto offramp. Some cryptos can be loaded directly onto the card. Others you have to take the 3-second step of converting to USD or a stablecoin and then loading the card. Either way, you can start with crypto and buy almost anything IRL in a few seconds. > > **Trading** > > In many countries, crypto.com is a full-service **exchange**. In the US (where I’m based) it’s only an app for now although there are plans to open a full exchange eventually. The exchange is ranked #9 by [Coinmarketcap](https://coinmarketcap.com/rankings/exchanges/) although it’s ranked as high as #4 by [Coingecko’s methodology](https://www.coingecko.com/en/exchanges). Recently their spot market volumes are about 20-25% those of Binance but about 80-90% those of Coinbase. (They are a smaller player for now in derivatives, although that could change if they were able to tap the US market.) They support slightly more cryptos than Coinbase, although nowhere near as many as Binance. The fees are apparently cheaper if paid in CRO, which is a driver of utilization. I can't try it out yet myself. > > The **app** is a limited experience but easy to use. If you set-up an ACH push to fund your account there’s no fee to load money onto the app, and card fees are also waived for your first month. Long enough to get many new users hooked. (Although it appears there’s no fees to buying the crypto, there’s in fact an opaque and variable spread fee; more on this in my cons post). If you’re just trying to buy and hodl crypto on an exchange, spread won’t kill you. If you want a gentle introduction to buying your first $100 of Bitcoin, this will work well enough. At the moment I just checked, you’d get $99.6 of Bitcoin for your $100, so that's 0.4% in spread. > > **Financial Services** > > Their **Crypto Earn** and **DeFi wallet** programs are attractive for new crypto users, and allow users to progressively pursue more complicated investing strategies. Crypto Earn is the custodial option on the app, which offers a simple way to earn fairly high interest rates on many coins. > > Their DeFi wallet is a more advanced non-custodial option, with the ability to contribute to CRO validator’s staking, or to participate in liquidity pools. (There’s also a lending program but I’m not familiar with it.) > > ***In sum***, the crypto.com financial ecosystem is not 100% there yet (especially with no US exchange), but it’s the closest thing I’ve seen to a full-service crypto-based financial services provider, and you can imagine a not-too-distant future where, for some people, the company’s offerings would be complete enough that you could ditch your bank entirely without jumping through enormous hoops. In this world, of course, there’s lots of reasons people will be buying CRO. > > **Marketing** > > Many people are very hyped that Crypto.com does a lot of marketing which should benefit CRO and perhaps cryptocurrency in general. You may have heard there's a Matt Damon commercial and a basketball arena in LA. I'm aware Cointest rules say not to focus on marketing, so I'll just make a quick observation. I’ve seen some people say, “oh this is just hype etc.” but if you look at the traditional asset management space, Charles Schwab has a market capitalization of like $170 billion and the primary differentiator between it and other asset managers is really just that Charles Schwab carpetbombs the airwaves with marketing. Marketing does matter in consumer financial services. > > Cointest rules say not to base arguments on price either (Charles Schwab's market cap is NOT a price prediction btw, sorry y'all!) but it’s also relevant to briefly note here that CRO’s marketcap is about 1/6th of BNB’s, so many people believe there’s still upside to this set of observations. > > **Regulation & Security** > > Crypto.com advertises that it works hard to comply with regulation. As a publicly-traded company, so does Coinbase, of course, but the regulatory-compliant approach is quite a contrast to Binance, for example. [Crypto.com](https://Crypto.com) claims to be the first crypto company to have various levels of ISO compliance, [https://crypto.com/images/crypto\_com\_whitepaper.pdf](https://crypto.com/images/crypto_com_whitepaper.pdf), etc. Philosophical arguments about regulation aside, the relevance to CRO is I think it’s fair to say these efforts at compliance probably reduce (but don’t eliminate) the risk of countries swooping in and hammering the exchange or the coin. > > **CRO technical details & tokenomics** > > There were originally 100 billion CRO, but [70 billion were burned](https://blog.crypto.com/70-billion-cro-to-be-burned/). Most people expect the 30 billion supply to continue in the future. There’s currently about 25 billion circulating with the remainder primarily being distributed overtime as validator rewards. These rewards encourage decentralization of the network by giving people an incentive to act as validators. Some people see that as a philosophical plus, but this is still a coin that's very dependent on the company. > > Although the supply is fixed at 30 billion, it’s worth noting that even in the absence of future burns, the supply on the market could fluctuate considerably if the company built up or ran down its holdings. > > Another factor that some consider favorable is that the Visa cards require people to make progressively larger 6-month stakes for higher tier cards (and keep the stakes to retain the card benefits). Therefore, if the number of cardholders increases, an increasing amount of CRO is tied up and unavailable to be dumped. > > CRO successfully migrated from ERC20 to the Crypto.org Chain Mainnet earlier this year. The company has also very recently launched the [Cronos Chain](https://cronos.crypto.org/docs/chain-details/introduction.html) which is compatible with the Ethereum Virtual Machine and is thus an option for developers to connect Crypto.com users to Ethereum projects and apps and so on. This is interesting to follow, though I think the main reason to invest in CRO for now is if you believe in the company’s vision for executing its financial services offerings. > > **Betting on the sector** > > Finally, there’s a philosophy behind betting on CRO that’s worth mentioning. With apologies to everyone with WAGMI tattoos, there’s over 16,000 cryptos tracked by CoinMarketCap. It’s very difficult to imagine that the majority of these will thrive in the long-term. Some will fade away, new (and often better) ones might arise, etc. > > When you bet on an exchange coin you’re partially placing a bet that demand for buying and trading crypto will continue (at that exchange), but you can be otherwise agnostic on which individual technologies and coins are the best. What’s the best chain for dApps? I have no clue. But I think we’re likely to have dApps in the future and people will want to trade the related currencies and use their crypto. So a nice way to bet on this agnostic view is to invest in exchanges, rather than trying to guess which projects are best. > > **Disclosures:** I’m an Indigo card holder, but don’t hold CRO other than for the stake. I’m personally bullish on cro but I have a lot of cons about it too. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_crypto.com.28cro.29) to find submissions for other topics.

y0l0tr0n

"if your government of your country ever decides to go tyrannical" Well, weve had it IRL some months ago: in the Ukraine war. Elon Musks Starlink was scrapped to be used for Ukraine. Therefore, if your government really goes tyrannical you're 100% screwed even if you remember your seed phrase. If you can't acess the Internet, due to political or war reasons, you also lose your anonymous internet money

capecodderf1

Loneliness? Decline of social paradigm? Does BTC get people out of reddit and out IRL? I'm pretty sure that stuff's in the handbag hell will be receiving.

ezraw1

That's a very realistic opinion. I've been buying BTC since 2017 and have been forced to relinquish most of my idealistic views over the years. As you say, IRL, reality supersedes all. There are always ways for those with the "faculties of men" (Anti-Federalist Papers) to exploit the good works of others for profit. Do you have any other thoughts on the future? I believe that the Fed's monetary policy of keeping neutral rates during this election year have stifled the upper momentum and the halving will suffer a little because of this. Additionally, hedge funds issuing ETFs (like ARK, for example) hurt the price and acceptance of BTC when they suddenly liquidate their BTC positions to cover losses and make clients whole in their FIAT gambles. Both of these things continue to prevent BTC from performing better, keeping the FUD in retail investors and thus preventing them from entering the market. I'm always amazed at the number of people who still think it's a scam or just don't know anything about it. I wonder if this is a conspiracy of sorts enacted by Wall Street so they can continue to buy up BTC at a lower price. Either way, I'm bullish.

ecruzg

100% the price action will keep rising but nothing IRL will be ever 100% decentralized. IMO - decentralization means "ACCESS" (but definitely that's another topic) Lol

Left-Personality-661

Way I see it: supply cuts in half, demand remains, price doubles. Fairly simple on paper, different scenarios IRL. Could work but the 9.5% seems scary ngl.

Berry_Jam

Totally because I did exactly this. I started buying btc in late 2016 when it was around $800. Around Thanksgiving 2017 I was thinking about Christmas and presents I wanted to buy for people. I remember thinking, hold up...I can pay of my five figure credit card debt. I did cash out enough to pay off my credit card bill. If I recall the spot price was around 11-12k when I sold and I have no regrets. I have never carried a balance since then. I know the mantra is to hold on for dear life and forever...but we still got shit to take care of IRL. If you are fortunate enough to make gains like that and you got debt that's been hanging over your head for the longest time like I did, take care of that. I can sleep comfortably knowing that if I ever go broke, I will have zero debt versus the past me if I had gone broke I would've had a lotta debt

offgridgecko

What an incredibly thoughtful comment, thank you. One think that has struck me oddly is how Romans were on a defacto gold/silver currency model for so long, yet nearly every emperor seemed to struggle with inflation problems, value of goods, etc. Yet people I meet IRL love to assume that moving away from the gold standard caused our plight. I tell people the problem is that we don't understand how money works. But then I sometimes wonder if ANYONE really understands it, or if there isn't some murky flaw hidden behind the concept of currency to begin with, and nobody has called it out because having a means of exchange seems to be critical to humans surviving in groups larger than about 50.

mrjune2040

Because, more often than not holders around that period found ways to either intentionally (gambling/trading) or unintentionally (MtGox, BTCe, or a straight up loss of keys) lose access to their funds. As an example, of my IRL friends who had Bitcoin in 2013 all but two of us lost funds in MtGox. And even if you didn’t lose access, the chances of holding to present are extremely slim, I’m about the only person I know IRL that held most of their BTC in over that 10 year period- although I do know whales from the Bitcointalk days that held too. But it’s a minority of holders overall. I think it’s impossible to say what your friends would have done, but the likelihood of him holding all those Bitcoins today wouldn’t be particularly high imo.

LargeSnorlax

Yeah I don't know, I've never been sure what to say about these things. People get "referred" to a "good opportunity" that happens to not be on any exchanges or trackers and no alarm bells go up? It'd be like some guy IRL telling me that I could get in on the ground floor of this AWESOME opportunity on a stock, but oh no, this stock isn't traded through that smelly old stock exchange, you have to buy it on totallyawesomestock.com and pay for it with your credit card, and you'll be getting awesome gains in no time. You'd think that's a scammer right? I mean obviously you would. But somehow when it's through a computer, that load of bull somehow makes sense?

woolharbor

Because cheating in video games is an unforgivable sin, and everyone who cheats in video games deserves to lose all their monies IRL.

Ok_Dragonfruit_4194

I'm sorry but if you have 10-20k in your bank and want to buy a security you're not an "investor" quite yet. Say I give a kid a skateboard, skis, boxing gloves etc. The second he touches it does he become a skater, skier or boxer? No he's a kid with a board, poles, gloves. Same with investors, chances are you don't know a single person IRL that is an average "investor". I have several coins, I'm not an investor, more of a trader.

0xSAA

Whats even special about Algorand? I don’t see any significant differentiator of it. Its not even in top 10, not the most innovative, doesn’t have any significant IRL events, isn’t featured in news as much for things other than price, doesn’t have strong enough community leads and hence its always the CTO who’s called or quoted, sounds very decentralised to me.

Handlermeister

This is assuming that the $8B exist in the first place, that he somehow still has access to after 20 years, AND that the funds are somehow not noticed by the Fed once he does come out of prison. (If… 20y is a LONG time.) Also, it seems that IRL consequences haven’t been thought of. Sam’s dad will be ~89yo when SBF hits the 20-year mark. His mom will be ~92yo. His younger brother, Gabe, will be 48 at this time. There’s a seriously **real** possibility that SBF comes out of prison to 2 deceased parents. His brother’s life will be near completion when he gets out… 20 years is a long time, and I can tell you NOW that even *if* SBF kept $ hidden - there is no amount that would be worth being locked up while your parents grow in their last stages of life. That’s the real punishment here

offgridgecko

people everywhere are always telling someone something, the slices of it you see/hear depend on your hangouts, timing, etc. IRL it's different cause you can be like "bob been saying this stuff for 6 months and been wrong every time," but internet strangers are constantly in a state of flux. Almost everyone in my own circles seems to thing there will be some kind of pump by the end of the year (how massive is our topic of debate). We rarely talk about FOMO and bitcoin at the same time, unless we're saying don't FOMO or YOLO bet in as a matter of habbit. We debate about the best prices or the maximum values as we see them, but the actual buying decisions aren't as emotionally driven and they are individual. If I were in a different group of friends it would probably be different. I know people who's entire peer group, both on and offline, is still saying bitcoin is scammy fake internet money.

2peg2city

Literally any network can do that, the issue is the IRL to Blockhain relationship. Securities work because they aren't physical objects, if you want to tokenize a house you still need lawyers, municipal property offices, legal standing etc.

Dosty913

Still around lol, mostly lurking for years but I spread the word IRL more still…

skeetskeetamirite

If all the side gamblers just put their crypto which they won’t make money on in Bitcoin, we’d be sitting at $100K pre-halving lol — I like the gambling IRL

MooseLoot

I mean that’s fair… and part of why I have more IRL than in Roth. But I think basically everybody should have some of theirs in a Roth unless they have a health condition that would make them unable to make it to 59.5 or have never earned below the Roth income threshold

Kafke

> Are nft non fungible tokens Yes. nft stands for non fungible token. > and are they or are they not going to be used for digital contracts. NFTs on ethereum almost certainly are not going to. At least in any sort of common way. NFTs on solana are *already* used for this purpose. Example: if you provide liquidity to an orca liquidity pool, you receive an nft receipt that provides you access to that position. > This was said when nfts were hyping. All an nft is, is a little bit of text on the blockchain. That's it. Solana has nfts as well. But ethereum is used for nft trading since it's the first, and by "nft" they really are trading links to profile pictures. Which is inherently worthless. NFTs as a receipt of contractual agreements is potentially useful, but not in the context of ethereum. This is because ethereum has high transaction fees which kills it as a defi platform in general. The actual use of nfts on ethereum actually is done 1000x better on bitcoin, with bitcoin ordinals; as the pictures are actually stored on the chain. But ordinals are less popular, and still expensive to do transactions with, so it's a bit pointless. You can absolutely use nfts as receipts of contracts. But other than a couple of defi uses, there's really not much taking off just yet. There *is* a bit of nfts for gaming becoming a thing slowly. Think how game economies work with in game items, those get stored as nfts and then can be sent around as usual. I know star atlus is a fairly big web3 game that does this (you can buy in-game ships which are nfts). But in the original pitch of nfts they were promising stuff like legal contracts to IRL properties and things. Which... I don't think that's been done yet. NFTs nowadays you can put any text into them when minting, and then send them as you please. But ultimately they're still mostly used for profile pics.

WorthFit4172

I’m going to the Bitcoin conference in Nashville by myself. I’d say but the bullet and go. You won’t regret it. Hit me up on the orange pill app if you end up going and we’ll have to meet IRL

squeezeontoast

Litecoin, it's #1 used for IRL transactions on Bitpay and has private transactions coming to it's mobile wallet on bitcoin pizza day 😀 Has a hard cap of 84 million coins ( 4x Bitcoins) only has a mcap of 6.7B.

Secret_Operative

It's the best way for people to red-flag themselves online and IRL. Love it.

sex6666666

Best place to buy it's IRL OTC, best place to store it's the official wallet

TipsyRooOfficial

Damn, dude. Spiral much? I didn’t say it was my ‘personality trait’, but you sure made that assumption, formulated your own truth and ran with it. Anyway… It’s just nice to have someone IRL, who you can check in with from time to time and talk about the subject and its potential and speculate with and not have them stare back at you blankly. Having people in your life with similar interests is important. I hope you have those kinds of people in your life.

MaximumStudent1839

>Crypto at it’s core is a network of people coalescing around a set of ideas. You are right that crypto is very much a social movement. Much of this tech is built around to serve certain social preferences of a group. >The EVM probably, Ossifying around the EVM is more a dev "lazy behavior", than really social consensus/value. It is much like, I am raised to use a QWERTY keyboard so everyone should use a QWERTY keyboard. When I am mean not a social consensus, most ETH users can barely tell the VM running behind it. If MetaMask was compatible with StarkNet from the get go, would users notice they aren't running EVM? Honestly, I don't think ossifying around a programming language is a good thing. IRL, languages do change rapidly from gen to gen, in large part due to differential needs for different gens and computing hardware acceleration. For example, when RAM was scarce, ppl use dinosaurs like SAS for data work. Nowadays, it is completely bewildering for data analysts to comprehend why you want to train models off your hard drives instead of using your RAM. But yeah, lazy deviness, when faced with no competition, is omnipresent. If you go to old banking systems, a lot of them still use the dinosaur SAS. It is not about "lindy effect", it is just those in position are too lazy to learn new stuff and aren't compelled to upgrade. > The more this happens the more lindy effect the chain has and the more it can be relied upon to continue working as it is. I think the space overrates the value of "continue working as it is" over "working toward what is intended". The former values inertia and complacency above everything else. The latter values product delivery and differentiation above everything else. Usually, it is the latter that has more value than the former, because value is created from meeting market demand, not from complacency. It is expected to ossify towards the latter, being jack-of-all-trades is often not a winning product characteristic. Ossifying towards the former is really writing your own doom. To me Bitcoin has ossified towards the latter while ETH has ossified towards the former. It is utterly bizarre to me that ETH is dead set on a L2 road map but it offloads so much of the responsibility for this to work to third parties. I mistakenly thought L2s were a temporary solution, exactly because I saw all ETH L2 public goods problem being solved by other L2s or VC projects. In my mind, I thought how can this be ETH's long-term road map when all these functions should be enshrined on main net. If stuff like decentralized sequencers etc. got enshrined on main net, it would have a lot more coherent narrative. Now what you have is one big speculative galore of infinite infrastructure ETH tokens to solve ETH problems. Each token has its own censorship and centralization issues, and ETH relying on them makes it confusing asf on what exactly ETH value as social product.

DifferenceFit6164

I also am the only one I know involved in Crypto at all amongst my IRL peeps. So I understand the feeling of isolation.

Admirable-Style4656

Used to get these yarns by email, now they've gone IRL

LargeSnorlax

I'm always confused when I read these stories. If you met a person IRL and they offered to give you amazing returns if you just give them $15,000 you'd think they're a scammer instantly. How does this change when you're interacting through a computer? And how do people go to random ass shady websites instead of using actual legitimate exchanges for Cryptocurrency? It'd be like someone messaging me on telegram and telling me about a great new stock, I just have to invest in it at amazingstock.ru instead of the NYSE. I wouldn't give a random stranger $20. People send $300k to random websites on the internet they don't even google, and then ask questions **after** if it's a scam. Don't think it'll ever make sense to me.

EthereumJesusBro

Wtf I dreamed of fomoing at the bottom AND I actually bought the bottom now IRL

mrjune2040

Bragging is only relative to the readers perspective (yourself)- there are many redditors who were active early on that just might have some decent perspective to give to those who came along later. ‘Value’ is a pretty boring topic to me personally. The response related to OP’s decision to sell off some of those (relatively significant) holdings to do things for his family IRL- that’s a topic I can relate to, and I responded as such. Secondly, he mentions the HODL mentality that often permeates the crypto community, at a certain point it makes sense to de-risk periodically, again part of my response.

mrjune2040

Been here a long time, and I’m only a seller from here on out. I bought my first Bitcoin in 2011 and sold my first one in 2021. And I intend to basically sell off tranches for the rest of my life- the opposite of DCA buying I suppose. But IRL comes first, especially with a family in mind. There’s nothing wrong with putting that money to real life needs and to hedge against the downside.

RuachDelSekai

I'd only tell ppl online (from a burner account) because I sure as shit wouldn't tell ppl IRL.

Double-LR

Even if they say the fees are waived…. SPREAD. Basically my man, nothing is free. No service, of any kind, be it digital or IRL, nothing is free. The people that have the services that allow you to buy get their money one way or another. Find the lowest you can and buy. Stacking is the way. Personally, I use Cashapp, because it’s easy. But I am in the US and have options. Maybe I don’t have the best way, but it’s consistent and it works every time.

potificate

Check again... at the time of OP's post, it was about 72.4K. Are you on the internet just to shit over others or are you like this IRL as well?

Gernahaun

Yes, but only IRL.

Jacked_1

Difference is, you're halfway there, you're waiting for the world to catch-up. There are many circular economies in the making, both IRL and on the internet (Nostr is an example). On Nostr, you have streaming4sats platforms, value4value platforms and even marketplaces now a la eBay. We're building stuff, you can either join now, or wait it out. Eventually, Bitcoin will become a necessity - If fiat goes down and Bitcoin goes up, at some point people will shift what they're willing to accept as perceivable value.

Jacked_1

Same way many people here believe BTC is nothing but a store of vale, but forget their echo-chamber confines them to BTC AS a store of value. Meanwhile, we have a circular economy brewing in places like Nostr (as well as IRL), with open marketplaces, streaming for sats platforms, value4sats platforms, etc Time is what it takes, in the end. Time and hindsight.

FordPrefect343

PoW security is over rated and unsustainable long term if the goal is to ALSO provide low fees. A cost of a 51% on nano is so high, that if someone attempted it, the result would be all current nano holders end up rich. That's one of the benefits to PoS, not to mention the lack of waste and capital entropy. I wouldn't throw shade at nano for being a concept that isn't working out IRL. LTC isn't working out IRL either. They are both working or not working equally anyways. Nano has higher throughput and is long term sustainable as a p2p cash, LTC has bad fundamentals in this regard. FWIW I think both are failing to attract use because there isn't actually a demand for a p2p cash system. LTC fundamentally can never succeed as a PTP cash at scale because of its technical limitations, Nano is already 4x more throughput than LTC with significantly faster settlement while being less vulnerable to a 51%. You asked a lot of questions in your post, I have already provided my stance and I am not going to go and do the homework of preparing a presentation on why this is my conclusion. If you don't agree, thats fine. The information is all publicaly available and I suggest you DYOR. If you want to invest in LTC thats great go nuts, Nano and LTC are both hard passes for me personally.

kudzooman

So "fuel" is being metaphorically, not in reference to IRL energy? I promise I'm not being snide, just trying to understand.

shehancpa

Shehan from CoinTracker here. \- An example will help you here. You paid 10K for 1 BTC (cost basis). You transferred this 1 BTC to Robinhood and sold it for 60K. Now, you have to pay capital gains taxes on 50K of profits. \- IRL, it's hard for you to figure out how much you paid for each tranch of BTC you purchased over time (AKA cost basis). You need this number to calculate the right gain/loss. Robinhood will not do this for you (like in stocks) because you purchased it outside of it. \- Therefore, I'd highly recommend using a crypto tax software to calculate crypto taxes and stay out of IRS trouble.

ajnsd619

I saw your first point play out IRL. Little known fact: At its peak, 80% of all Bitcoin flowed thru the Silk Rd. I was a miner at the time and we sent all our points to DPR. Nobody was a hodler. Your goal was to move your points (BTC) as fast as possible. After all, the Feds were coming. Bitcoin didn't have legal status until 3/2013 when FinCen announced Bitcoin wasn't illegal. Now people could look to the future. Saving BTC for tomorrow became a thing. And it was at the 2013 San Jose conference when we saw the first Bitcoin evangelicals. They preached "digital gold" and didn't fear our boogey man. Hard-liners who opposed regulation and didn't care if BTC was legal or not, met one of 3 fates: 1. sold 2. had BTC confiscated during 10/31/13 justice dept seizures 3. eliminated by Mt Gox collapse I met with fate #3.

ajnsd619

Those are stores of value. Currency is what moves the fastest. The challenge with fixed supply assets is that Gresham's Law always comes into play. Bad money drives out the good. We agree that Bitcoin is a form of digital hard-money. That's why people hodl. If they need to transact, well that's what Litecoin's for. I'm not spending my $BTC. At scale, the good money disappears from circulation. Nobody spends for fear of losing future gains. Makes perfect sense. But its bad for currency purposes. This happened IRL in the US. During the early 30's people started to lose confidence in USD. The Gold Standard entitled them to redeem $2067 for 1 ounce of gold. That started a tidal wave of redemptions. Its a myth that we went off the gold standard in 1971. Nixon simply closed the foreign window for redemptions. FDR ended the Gold Standard in 1933. So much gold was hoarded that it threatened to collapse the entire economic system. Rural communities simply ran out of money. The farming industry almost collapsed entirely. No money was getting out to the country. As soon as it was issued into the cities, the initial holders redeemed it for gold. USD stopped circulating. FDR's [Executive Order](https://i.imgur.com/tmBbzGC.jpg) was a form of tyranny. But I don't know what other option he had.

ajnsd619

I agree with everything you say. For everyday use its liquidity is unmatched. Its still the only world-wide currency recognized world-wide. Here in the States its not uncommon for people who have never seen foreign currency used IRL transactions.

hstarbird11

I've thought about nuking my reddit account for this reason, but scammers have to be able to contact you to scam you. I'm semi-verbal autistic with such crippling social anxiety, I can't even reply to comments or posts, let alone look at my DMs. I don't answer my phone, emails, or talk to people IRL. So unless scammers have a way to turn into a crow and ask me for my seed phrase (which wouldn't even matter because multi-sig), I'm not concerned about it.

crypto_phantom

It is in our collective best interest to genuinely help people new to bitcoin. I do this IRL.

ExampleVegetable3226

Probably one of these two: - most questions can be easily answered by DYOR - i personally get the feeling of "oh, now you're interested in Bitcoin when it's in all newspapers again, you greedy little FOMO sh*t 😂" from people that did not care about it the last few years when it was not in a bullrun. But thats usually for IRL friends that know I like BTC for a long time and never cared to ask before.

Ok-Grapefruit1284

I dunno. I just had someone call me on Saturday and ask if they should pull 100% of their stock out and invest it all in btc. Honestly it wouldn’t have been a bad play. I suggested looking into DCA. I’m never talking about crypto IRL again. Nope nope. Nope nope nope.

SlowVeggieChopper

Nah, have just one best friend IRL who's in so you can celebrate together.

No-Grass-1070

So many IRL thought the same. It baffled me, but I had a good history teacher! My family are starting to see Bitcoin for what it is but we are all on the same street and 1/4 come to Sunday dinners. No enough open conversation but I do get a word in when appropriate.

Donkeytonkers

Well yeah, here it’s all we can rant about. I’m just staying in my IRL circle. Just happens to be a lot of well off successful people, and NO ONE has said a word. When I bring it up, they just roll their eyes and say “so anyways”

Ok-Grapefruit1284

Being broke IRL makes taking profit harder.

FordPrefect343

When normies talk about it IRL And when posters on Reddit start going nuts for shit coins and the financial system

amgoblue

The only thing that freaks me out is that seemingly everyone thinks it will be an awesome bull run. Then again maybe that's just here, I don't get to talk to many IRL about it. Then again again... I feel maybe with btc the reflexivity and somewhat of a self fulfilling prophecy can be real with actual true market dynamics. However this ETF money from retail can leave just as easily as it came. Doubt there's many diamond hands with their IRAs.

PM_ME_YOUR_HONEY

Good post! Potential for becoming something IRL as well, very easy and fun to use and very friendly community. Give it to your kids as reward etc. Just exchanged me some more 🙂

mossyshack

Since we’re strangers on the internet. How much we talking? As for your situation, just stop talking about it with people IRL. Happy for you!

xiefeilaga

Some of the early bitcoin forum participants were subjected to swatting campaigns to force them to pay ransom when bitcoin first started becoming really valuable. They had left enough breadcrumbs to get traced back to their IRL identities. It’s not just about low effort scam DMs.

Icy9250

Bullshit. I know people IRL that took profits early on Bitcoin. They are poor today.

Sure_Contribution962

yes that sucks and I think its a bit different because its a hard proof that they indeed have crypto what I meant is not that crime don't happen, its that criminals will probably not spend time on a random someone stating on reddit that they have X bitcoins, as there is no proof. I can say I hide 1 million USD under my bed, I doubt anyone will come to dox me and rob me at night like in the physical bitcoin attacks list above, they likely talked to the wrong people IRL, I doubt they have been doxed from an online post

r3g3n3x

Honestly all of this discussion about how no one should ever talk about is one of, if not THE, biggest drawbacks to this tech, especially as it appreciates in value. If you expose yourself as a hodler, you never know how that may come back and bite you. You can read the comments for all the reasons. At the same time, if the tech is ever going to be *truly* mass adopted, it needs to have exposure in daily, physical, interpersonal conversation. It needs to be conversationally accessible. It's a lot of work to understand it to the point that you're comfortable with getting on-board with all of the cautionary DD that comes along with it and it would go a lot easier if you had IRL tutors or friends that could help you. Online community is great, and BTC does lend itself to a digital profile easily, but our monkey brains still don't process digital interactions like we do meatspace interactions where true bonding and interpersonal learning occurs. It creates this weird double reality of enthusiasts everyone wants it, but no one has it or wants to talk about how much they love it (IRL). If the same propagational energy that it had in it's first few halvings were still around, I think it would be further along in its adoption. Obviously it's still making headway and it's becoming more widely adopted, and therefore gaining more energy, but I really do I could safely spread the word about BTC to everyone I knew without wondering if I might have to enact my ohshit wallet because a wrench hack is imminent. I'm not sure how to reconcile it. I think as an asset/currency based purely on information it's intriguing how it's handled in all social angles. But as its value increases year over year, the necessity to keep ones wallet close to the chest will become more and more necessary. Sorry for the ramble, just something that hangs out in my mind.

krakenflag

I think you have like no idea of how many people actually got attacked IRL after showing off online. OP is actually correct stating this.

AggressiveAd8812

Sh!t happens. Inseriously doubt there are many people in the crypto space that haven't lost a large amount of money at some point. In 2017/18 I made and lost over 300k, in 2020-2021 I thought I was safely leveraged (low 2-3x) on some alts which became the majority of my port as things went up. Then that first crash happened in May and knocked out over 70% of my pnl, crashing through SL's without triggering them. I freaked out, pulled everything from the market, lost over 70k then sat on the sidelines as I 'played it safe' waiting for a clear HTF entey to re-enter which never came as I was so stressed. Rejoined the market right near peak of 2021 high and then lost most of it anyway in the FTX saga. Only EVER invest what you are willing to lose. It doesn't even have to be a market play, it could be an exchange going down, being hacked, disaster destroying hard walleta etc. I've been following BTC since 2012 and heard em all. Other than that, remember the market it always there. This cycle isn't finished, then it will top and you can short it all the way down. Then there will be another cycle, and another cycle. etc Best advice I can give is don't rely on crypto for everything in your life, focus on IRL dreams and realities, invest in BTC. Build a business to become successful or whatever it is you want to do and treat crypto like any other investment. Who knows, in 10 years and another few cycles it might be $1 mil.

Halo22B

It's too bad we don't know each other IRL, you could send it to me and I'd pay you in cash....and you wouldn't lose 15-30% in fees.....got any frenz

The_AMD_Guy

Good shit dude, very smart not telling anyone IRL. How much did you start with? Did you swing trade it? And did you use leverage at all?

robeewankenobee

That's how the cycle works ... people load up on btc during bear and crab either to hedge or to dca or to adjust their average purchase price -> Btc reached Ath first (no wonder most took Profit at the Ath since thats a clear Green for any entry point -> Now they start to sell out and take profits -> halving incoming-> they move most of their liquidity to the alt market because while Btc is solid and makes you a x2 or maybe x3 , for Shib and Doge thats an afternoon fart. What would You do if you just took out Millions from Btc in profit, but the Btc price still hoovers/crabs at the same levels for a few months? a) Would you just look at the money in your bank account and wonder how good it feels to be rich? b) Buy back into BTC at the same price (or close by) right after you took profit in the same range? c) Pump the Shit out of low cap Alts and take that BTC profit and make it x10-20-30 or who knows ? You think Eth, Ada, SoL and what have we near the top will just crab out during a full bull run :) Look , save this comment, and 100% Ada will make 3 bucks, Eth will make it to the 5k mark, i believe even more, and SoL ... i don't like SoL, but we will see it at 250 bucks this bull I'm just using common sense as an investor ... aside All that, you have also Institutional Adoption happening for some Networks that are proven solid and are slowly being used for Actual Shit IRL.

Jacked_1

Interesting how people to this day still think there's a big difference between IRL identities and cyberspace. The internet doesn't forget, and nor do cookies and SQL databases of data-mining from websites you browse. Unless taking specific measures, there's a good chance that reddit has links to sites that expose your PII. There's a reason it was Cypherpunks that created the component-tech for, and Bitcoin itself.

ebonyslimm

HOW VOCAL ARE YOU ABOUT CRYPTO IRL? I am a very private person - I value humility This has lots of benefits. Occasionally, I get into conversations about finance. Then end your feeling bad and feel like I’m bragging ( not my intent). Or specifically, with crypto, that I am talking about something they won't necessarily ever understand due to scepticism. After all, it isn't my job to win them roumd. Best to keep it totally private? Thoughts?

ebonyslimm

# How vocal are you about crypto IRL? I am a very private person - I value humility This has lots of benefits. Occasionally, I get into conversations about finance. Then end your feeling bad and feel like I’m bragging ( not my intent). Or specifically, with crypto, that I am talking about something they won't necessarily ever understand due to scepticism. After all, it isn't my job to win them roumd. Best to keep it totally private? Thoughts?

rosfahbel

Not really the same, telling someone on Reddit vs IRL. Logic.

Clearly_Ryan

Same. Hooo boy, I am the man of the hour right now. The attention is great until the congratulations becomes jealously, which later becomes resentment, which later becomes retaliation. IRL I keep an extremely low profile now. No more talking about Bitcoin with family and friends, on how it will change the world. I keep my mouth shut - I know I'm going to be a target if I go on any further.

basedregards

You are a prime example of why this subreddit has reached memestatus for people in the industry IRL for the blind leading the blind

wintry_earth

Someone with enough smarts to have a crypto-only reddit account. I definitely think you should keep it to yourself IRL - I made a few mistakes along those lines early on. But on the internet? who gives a fuck? I used to run a youtube channel that posted tons of shit about my holdings and how much I gained or lost in a day. Hell in a couple of videos I even talked about what part of Texas I live in. Not so much as a reddit Chat message. Honestly I was a bit offended!

TomSurman

Nobody I know IRL even knows I'm into crypto. I intend to keep it that way.

btc_marshmallow_test

I just wish some of my friends wanted to be right with me; I don't have anyone to talk to IRL about it

robeewankenobee

How is it any different from investing into sham Stocks ? For example ... Herbalife, which was Shorted with 1 bn by Bill Ackman , righteously calling their bluff, and it only popped in the last 3-4 years, like going down the drain , probably bankruptcy soon ... it's a god damn pyramid scheme based on a fucking 0 Sum product ... they sell a Shake of [insert random substances]. Stock market is full of these kind of 'no serious product' deals , that pump for years or decades just to die out eventually when the gig is up. Same here with Crypto -> who is forcing you to buy meme coins with 0 use case or IRL applications? Why? And the funny part is -> you and anyone else can jump on Shib at the Bottom, no one is stopping you, except your own mind process saying -> why would I buy into this at Bottom or during Bear? What if it doesn't pump back ... now it does, and suddenly, the Market manipulation is to blame, not the user for jumping on to late or not buying into shit at the bottom when it's worth the risk. Typical quadruple standard of judging the same type of event but with different names :) ... Crypto is a 'joke' , a manipulation , etc ... no. Some crypto are doing that, just like some companies are doing that and get listed at stock exchange. The tech is sound, verified and functional over many years now , how is that related to the fact that some people will always do the same shit -> tricking others into giving them their cash? Is the Internet a Problem because scams roam free , or the people who are tricked into getting scammed? Why are so many in this market for 5-10 years and have 0 loss on scams? Meanwhile others enter the space and in 2 years time, they get wreked because they can't distinguish between solid working projects and Meme Coins that are basically a P&D scheme?

Traditional-Fan-9315

This is so fucking true it's actually scary. They will never argue with facts. Except the "IRL" part. I've only seen like, 4 people rampaging about btc on tv and they're actually less virulent than the trolls on that sub. They wouldn't be able to hold a real life conversation.

Wise-Application-144

Because it's Freudian projection. Their external crusade it just a projection of the battle going on inside their head. They found out about Bitcoin and didn't buy, now they need to protect themselves from the realisation that they missed out on life-changing sums by telling themselves it's fatally flawed. It's why evidence doesn't work on them. They're not really arguing with you or the facts. They're arguing with their own nagging realization that they made a mistake. By "proving bitcoiners wrong" IRL, they also successfully suppress their own doubts.