PLEASE DO NOT READ THIS IF YOU DONT WANNA MAKE MONEY!💰 Hi to everyone that stayed. So we all want to know how to do crypto and know all the fundamentals of it. HUSTLERS UNIVERSITY2.0. YOU make the choice, live in SLAVERY🧟♂️,or BECOME THE MATRIX📈
Money Bunny Inu | A KYC’d token on the BSC - Join Now! | Fun. Prizes. & NFTs. |Money Bunny is here to stay! | Bringing the fun back into the BSC through treasure hunts, Busd giveaways, surprise airdrops, NFT’s, & more! | Held LIVE daily in our community!
Money Bunny Inu | A KYC’d token on the BSC | Fun. Prizes. & NFTs. |Money Bunny is here to stay! | Bringing the fun back into the BSC through treasure hunts, Busd giveaways, surprise airdrops, NFT’s, & more! | But the heart of the project is The Money Bunny Show | Held LIVE daily in our community!
Money Bunny Inu | A KYC’d token on the BSC | Focused on Fun. Prizes. & NFTs. | Bringing the fun back into the BSC through treasure hunts, Busd giveaways, surprise airdrops, NFT’s, & more! | But the heart of the project is The Money Bunny Show | Held LIVE daily in our community group!
In what world are u ppl living? Ofc 95% of all crypto are rip offs. Are you fucking blind? We got "hacked", too bad :( But sure the next centralized coin by a guy named "DO KWON" (must be a korean genius, cause it sounds like taek won do, the famous martial art) will be a rock solid long term game changer. TAKE MY MONEY. TAKE IT. PLEASE. PLEASE TAKE IT. IM BEGGING YOU. TAKE MY LIVE SAVINGS. IM TO DUMB TO HAVE SO MUCH MONEY. PLEASE MR. KWON. TAKE ALL OF IT. Ahhh thanks, now i know my savings are in good hands. My wife will be so proud, and all my friends will admire me when Mr. Kwon gives me the money back with 10000% APR.
>~~Park Operator: Would you like to buy some Itchy and Scratchy money?~~ Fed: **Would you like to buy some CBDCs?** >Homer: What's that? > >~~Park Operator: Well, it's money that's made just for the park. It works just like regular money, but it's uhh.... fun.~~ Fed: Well, it's money that's made just for our country. **It works just like regular money, but it's uhh... fun. (😂)** >~~Merchants: "WE DON'T TAKE ITCHY AND SCRATCHY MONEY"~~ Merchants: "WE DON'T TAKE CBDCs" https://www.youtube.com/watch?v=K-6IzkDyl9Q
>The ABCs to never forget? Don't listen crypto influencers, please. Most of them get paid to promote shitcoins. Invest in your knowledge, learn about Bitcoin as much as you can. The Bitcoin Standard is a must read. Also, **don't reply any DMs**, promising to buy Bitcoin from them or get rich quick and read this short guide, please: Congrats on the move, it's never too late. ONLY INVEST MONEY YOU CAN AFFORD TO LOSE. Price wise, nobody knows what the price will be tomorrow, nor next week. Statistically, it's less than four years from now. Anyone who bought Bitcoin at any point in the past and held it for 4+ years is in profit. **Try "Bitcoin ONLY" strategy for at least first year**, you'll sleep much better. Newcomers lose so much money, holding garbage tokens just because someone on YT told them to. Going DCA is probably the best approach, IMHO. Bitcoin to me, is a savings account. If I have some spare cash, I exchange it for SATs. Once a week works best for me, but I'm getting paid weekly. If there's a 10% drop in the price since my last buy, I usually double my buy. This [DCA calculator](https://dcabtc.com/) might help to decide what will work best for you. In a few years, even $10 dollars a month can make a massive difference. Now, don't buy a fake Bitcoin at etoro or similar, get the real thing. Register at a proper exchange and buy real Bitcoin. Any of these will do [https://bitcoin-only.com/get-bitcoin](https://bitcoin-only.com/get-bitcoin) Install (or buy - in case you're getting Bitcoin in Thousands of $) one or more of these wallets. A few good wallet choices: [https://blockstream.com/green/](https://blockstream.com/green/) \- Top Security Features, Open Source and Non-Custodial [https://bluewallet.io](https://bluewallet.io/) \- excellent, easy to use wallet, Open Source and Non-Custodial (although, Lightning is custodial!) [https://www.wasabiwallet.io/](https://www.wasabiwallet.io/) \- Excellent privacy, Open Source and Non-Custodial [https://electrum.org](https://electrum.org/) \- Solid choice, Open Source and Non-Custodial, one of the oldest and most trusted Bitcoin Wallets. Lightning wallets to consider (cheaper and faster transactions, great for very small amounts): [https://phoenix.acinq.co/](https://phoenix.acinq.co/) \- Phoenix [https://breez.technology](https://breez.technology/) \- Breez - excellent POS for small business owners as well as integrated Bitrefill or LN Pizza [https://muun.com/](https://muun.com/) \- Muun, simple and elegant LN wallet Hardware Wallets (to store larger amounts): [https://trezor.io/](https://trezor.io/) \- Easy to use, no matter how new in Bitcoin you're. [https://coldcardwallet.com/](https://coldcardwallet.com/) \- ColdCaard is currently the safest and most recommended here. There's also Ledger, but I wouldn't recommend as not fully open source, keep and already leaked customers' details, etc. Whatever wallet you'll decide to buy, purchase DIRECTLY from the manufacturer, no eBay, no Amazon. Make sure the device is NOT preset, and you will generate your own seed words. Write them down on any piece of paper as well as the receiving address. Now wipe the wallet and generate a new wallet. If the seed words are different than the first set, you're safe to use it. Find an option to set a passphrase and use it. This will boost the security to another level. Never store the seed words and passphrase together. Use a different medium if possible. If somebody finds both, they'll be able to steal your coin. This little device will hold the keys to your money, that's the reason why you have to be a bit more careful. Also, no worries, if it breaks, you can replace it - as long as you keep your seed words and passphrase(s) safe. Welcome to the rabbit hole and don't hesitate to ask if you have any questions anytime during your Bitcoin journey.
Ebay just let my buyer keep a (new, sealed, no moving parts) item because they claimed “ITEM IS DEFECTIVE I NEED MY MONEY BACK” Ebay purposefully makes it easy to forget about ongoing cases and when you dont respond they take another $20 from you for no reason.
It's INCREDIBLE how people's opinions of something are swayed by group think. In my opinion, NOTHING has changed about the fundamental potential of Bitcoin, or even crypto in general. What's guaranteed is the never-ending devaluation of fiat, there's no way back and with a giant recession/depression looming, the central banks of the world will only print MORE MONEY, devaluing most currencies. Now, everything created by humans can fail, BTC included, but my belief that it might just become THE ultimate store of value in the future has only grown stronger, so when the price goes down, it's on sale. Short term price swings, as wild as they are, are meaningless as long as you keep your focus on the long-term, on the endgame. If you had put that cash into a savings account, you'd see it evaporating over then next 10 years in purchasing power, that's for sure. Put that BTC in a cold wallet, and hold on to it. You'll be in the top 1% a decade from now.
My imaginary play money that was created out of nothing as an award for solving useless math problems is better than your imaginary play money. It’s ALL IMAGINARY PLAY MONEY. At least buy Monopoly money - it’s got pretty choo-choos on it.
Except it cant be used to transfer MONEY. It can only transfer itself, in order to transfer MONEY you have to 1. Spend money ON it, send it to someone, where they have to then SELL it for HOPEFULLY the same amount of money originally sent. If its use case is that it is sending money, you can literally do that through multiple methods right now that don't need the random "You can't make more of it." Which adds nothing. The Value of the medium can change, which is HORRIBLE for transferring money.
I am in the same situation as you, although I went into the market in December/January. When I went into crypto i decided that I had to hold it and stake it for a couple of years at least. Otherwise it would only be daytrade-gambling. At this time it would have been useful to have taken some earnings home from time to time, but I would probably still have bought in again. Which would have left me at the same place as now but probably with a very different mindset, that I had 'failed' and lost a lot of money. My current mindset is the same as when I entered. Lock the crypto away and stake it. When I will be buying a house or another big investment in the future I can consider using the crypto if it has risen in value. If not then I will leave it. If my crypto never gets on top again then so be it. I followed rule #1 and didn't invest more than I could afford. // My advise to you is to work on your mindset. As long as you care about the crypto, it will have a considerable negative impact on your everyday. Negative thoughts regarding money-issues is a feeding base for the hormone 'Cortisol' as you will feel a mental pressure. Cortisol is a stress-hormone which is very useful for the body on short-term, but if it stays in the body on certain levels for longer periods (weeks-months) it leads to stress-syndromes and a variety of other mental health issues. // I invest in stocks as well and that helps take my mind of crypto (even though stocks are plummeting as well). The stock market is a bit easier to predict if the given stock/company is worth investing into. I invest in stocks and am not worried about the current market since I DON'T NEED THE MONEY IN THE COMING FUTURE. You can consider focusing on stocks for the coming period (1-2) years and maybe just transfer a smaller amount into crypto each month (if you still believe in the usability of crypto in general). Before you invest in stocks or anything else, first make sure that you work on your mindset. Secondly, learn about investigating stocks and the market. Don't just follow the advise of experts but listen to their reasoning behind the specific advise. Only invest in stocks where you think the reasoning is sound. Same advise goes for crypto but with the difference where stocks is a share of company making money. Therefore it is much easier making a valuation of stocks. TL;DR Work on your mindset above all else. Find other things to focus your time and thoughts on. Can be hobbies or other things. For me it is focusing on the stock market. I am in the same situation but am not too worried, which mainly comes down to the mindset in my theory.
People invest in Appl for profit and not the tech either. I hate Apple products and more specifically Apple fan Bois who need to buy the latest phone each year...that doesn't stop me from buying stock though because I buy it to MAKE THAT MONEY!
>**Genesis Trading’s CEO added that the company “will actively pursue recovery on any potential residual loss through all means available, however our potential loss is finite and can be netted against our own balance sheet as an organization. We have shed the risk and moved on.”** GET YOUR MONEY OUT WHILE YOU CAN. NOT YOUR KEYS, NOT YOUR COINS. In the current market 5% return is not worth losing 100% of your coins. This also may explain why BCH is not following Bitcoin and we see huge buy walls on all western exchanges. The naked BCH shorts may be underwater and unable to close without you selling your BCH to them.
Actually a closer TCG game to what I'm describing is Gods Unchained. Most cards are more reasonably priced, however buying cards is entirely optional because you earn non NFT cards in game. Sure you could fast track by buying cards, but that'll only take you so far if you don't know what you're doing. Lol, "steam money". That's a good one. Idk why your so hung up on "investing". It's a game not an investment, lmao. Go buy crypto or stocks if that's your goal. What your describing is a situation where degenerates were blindly speculating on assets instead of just playing the game and surprise surprise the value of the cards corrected and they lost their money. You cherry picking scenarios does nothing. I can do it too. Logan Paul lost $3.5 million on his recent purchase. THIS OBVIOUSLY MEANS THE POKEMON TCG WONT SUCCEED AS A GAME AND EVERYONE WILL LOSE THEIR MONEY! HA! See how ridiculous that sounds? You're take on scarcity is also ridiculous. Artificial scarcity already exists in physical TCGs. The publisher preemptively decided how many of each card to mint, thus creating artificial scarcity. Hell, the publisher could print cards to order. Wanna take a guess why they don't? Idk how your publisher market manipulation scenario singles out NFTs as if it wouldn't have been a problem with physical cards anyways. I'm not really sure what your point is with that one. Again, everything has value. My comment costed me a minute of my time. Instead of making money for that minute, I spent my time educating people on Reddit. I effectively spent money on my comments. Again, this is something you should have learned before leaving high school.
It is more than obvious to anyone who has lived through [the last 10 recessions](https://www.investopedia.com/articles/economics/08/past-recessions.asp), and [the growth in the supply of M-1](https://take-profit.org/en/statistics/money-supply-m1/united-states/) that that crypto has been a bubble-asset that seduced a generation of merchant bankers looking for new ways to squeeze a profit out of a market where there has just been way too much money for way too long. With the SEC clueless about what to do in crypto, in fact every day more seduced by the "industry", the Fed sighted systemic risk in the crypto bubble, and started throwing darts at the balloon. MONEY SUPPLY M0 IN UNITED STATES BY PRESIDENTS NAME CHG% START/END Donald Trump 2.21% Barack Obama 106.28% George W. Bush 178.35% Bill Clinton 65.90% George H. W. Bush 28.26% Ronald Reagan 76.18% Jimmy Carter 137.13% Gerald Ford 19.89% Richard Nixon 37.44% Always short on practical utility outside of the darkweb, where it competed with money laundering for its only serious use-case, cryptocurrencies have been transparently inflated by pyramid schemes that operated by seducing new buyers to buy and hold, most commonly by paying exhorbitant interest in tokens (aka worthless scrip) in exchange for hard fiat currency payments to acquire the allegedly valuable tokens. The first time I came across one of these lockup deals, while representing some crypto-investors who were obviously being seduced into paying fiat for crypto that they then gave up their right to withdraw, that the loss of liquidity was a big problem. A dollar ain't really a dollar if you can't spend it right now. In fact, if you can't spend it for five or six years, at current rates of inflation it's worth a great deal less! So acquiring illiquid crypto "currencies" by spending hard earned fiat cash has been a mug's game all along. The final chapter of crypto-cataclysm hasn't yet been written, but to those engulfed in the wreckage of the ongoing train-wreck, the endless boosterism of industry flacks must be infuriating. The OP has it right. If you're still sitting in crypto like a frog trying to figure out if the water's boiling, catch a clue -- it's way past time to bail.
A quick google on the term deflation: deflation noun [U] (MONEY) a reduction of the supply of money in an economy, and therefore a reduction of economic activity, that is often part of an intentional government plan to reduce prices. The bitcoin code doesn't have a part which makes it reduce in it's supply. Sure you can argue that lost coins make the supply smaller eventually, but as the value of each coin grows, so should each coin be less prone to getting lost. So when the year is 2140 and all bitcoin is mined, how much as a percentage do you think this deflationary element is? I'd bet everyone owning this asset will be VERY cautios about losing any of it.
It's funny to see people asking for regulations. In the years I've been in crypto I've never seen anybody asking the government to step in when they're making too much money. I assure you that you will NEVER see someone saying PLEASE GOVERNMENT DO SOMETHING RIGHT NOW BECAUSE I'M MAKING TOO MUCH MONEY!!! PLEASE REGULATE THIS NONSENSE AND CUT MY HUGE PROFITS!!! Nope. It's always when they're losing money. And that's hypocrisy.
im dead serious now STOP IT FFS!!!! NOT ONLY DID SOME PEOPLE KNOW IT , BUT EVERYONE DID. I'm literally talking to people on reddit since last year telling them it's obvious. YOU HAD CORONA WITH MASSIVE AMOUNTS OF MONEY PRINTED END OF THE YEAR INFLATION REACHED CRAZY POINTS RUSSIA INVADED UKRAINE CHINAS HOUSING MARKET IS FUCKD ​ OH WAIT WHAT THE WORLD IS ON FUCKING FIRE AND I THINK THE MARKETS WILL NOT DROP. How many more signs to people need to understand what the market sentiment will be. Like I can't even phrase it nicely anymore, yall just stupid and want to loose ur money. ​ ​ At the end of the day I should say thank you, cause you are the guys selling it to me cheap and buying it back off me during the peak.
LOL. It means that Gresham's Law has arrived. It means that the protocol was designed wrong. It means that the only MONEY in the entire system is centralized derivative money. You don't need a blockchain or the theatre of decentralization for this kind of money. It also means that everything built over and traveling above L1 won't bring fat protocol thesis. It's disastrous, actually, especially if there's hyperinflation. Where's the capital flight release valve?
Lol It's not as bad as you might think. I'm there pretty often and half of the posts are, "FUCK CDC BIG SCAM LOST ALL MONEY ON BTC ARRFGH" and the other half are, "I'LL SUCK KRIS' DICK HOMIE I LOVE THEM." It's a real circus, but you can get some good answers and feedback sometimes.
He knows what he's doing all right. The best part is when he talks about how great his initial investment in BTC is still doing to this day. Microstrategy first invested in Crypto in August in 2020, and those coins are now worth 97% more than they were then. HE DOUBLED HIS INITIAL MONEY. That is very true, and his calm confidence, Richard Brason-esque looks, and presence on a real TV show instils much confidence. He doesn't mention how he loaned a ton of money to double his holdings on December 21, 2020, though. Those coins are now worth 9% less than they were that day. He also doesn't mention how Microstrategy made another giant purchase in February 2021 of $1 billion in bitcoin (basically leveraged by bonds/loans), which is now worth just less than half of that. Finally, he doesn't say anything about buying $191 million in bitcoin in April of this year, which is now worth about $100 million less! Yes, he knows exactly what he's doing. He's talking about how smart he is to instil confidence in the suckers who believe in him. He's talking about his one specific success that involves the buying of bitcoin (his other success is grifting idiots over the internet) and not talking about anything that's happened since (literally every single BTC purchase he's made since his third one has lost money). Check this out: [https://www.buybitcoinworldwide.com/microstrategy-statistics/](https://www.buybitcoinworldwide.com/microstrategy-statistics/) The first $475 million he invested (over 3 transactions) in BTC was made at prices below today's. Since then, around 20 transactions and around $2.6 billion invested and every single one of those investments has lost money at todays prices, most of them are now worth around half of what he paid.
And I’d argue that it’s an investment and if a contraction occurs and risk takers get wiped out, it is okay. Why do we have to protect people from themselves all the time? No FDIC. No central bank that prints money (inflation) to cover the sins (risk taking investments) of others. Bitcoin was literally created because the central bankers were bailing out the investment bankers WITH THE SO PEOPLES MONEY. Bitcoin is now the peoples money. If you want to take risks with it then you should be able to lose it.
If they can't do universal basic income when there is trillions of dollars of too much money floating around, then let's get it rolling now. Let's get the discussion going, it makes more sense to crash the housing market and give the money to the people than it does to just hoard it. >"Oh, but how does putting more money into circulation help?" See the thing about that is, tanking the real estate market won't be efficient at a 1:1 rate, but there is certainly a lot of wealth "AKA MONEY" being destroyed. Why should the American people let the FED destroy our retirement savings with such policies without giving some of it back? Stimulus checks EVERY MONTH until this quantitative tightening bullshit is over. You want to crash the housing market? You better cut me a check then, assholes.
The crypto communoty as of late hasn't been an investing one - it's been a gambling one. There's less and less "I really believe that this system can return a profit with time" and more "To the MOOOOOOON something something lambos sonething something I csn live like a king if I time this right." It's gambling bullshit by people who've been conned into chasing the latest shitcoin by those who'll profit from theit losses and think they're the next Warren Buffet with not even the fraction of the experience, skill, or MONEY but with orders of magnitude of desperation. I'm very, very worried that many people, both im the community as well as this sub, will find thenselves in a cycle where they take money that they should save to prepare for the recession and continue "investing," greater and greater sums in an effort to make quick returns. Only to find they're unable to produce returns and have now bankrupted thenselves in an economy that will not be forgiving of such errors.
It looks like you're being scammed - unfortunately. This platform looks like most of the so call 'crypto trading frauds' websites at first glance. If you're in contact with a 'personal trading advisor' or similar via Anydesk or TeamViewer, it fits 100% into that scam scheme. The easiest way to find out is to try and withdraw a larger amount. If it goes without struggle you might be lucky, but most scams only pull out reasons why you must then send money to withdraw money. What to do now? 1: DO NOT SEND ANY MORE MONEY, whatever they tell you. Just don't, please. 2: Inform the police if you think you're being scammed. Also Inform your bank if there is any chance they got your banking or credit card info. 3: Do not answer any more calls from them. If they're legit, they would just send you the money. 4: Be aware that scammers always call twice, sometimes with a new story and new people and new reasons why you should send money to receive your money back - it's all fraudulent, got back to point 1!
I will not tell you to keep/sell your remaining BTC. Ultimately it's your money and you have to take full responsibility for your investment decisions. Having said that, imo the key takeaway for you is this: **DO NOT INVEST MONEY YOU CAN'T AFFORD TO LOSE IN HIGHLY SPECULATIVE AND VOLATILE ASSET CLASSES!** And it doesn't matter how much you like or believe in crypto, it is a highly speculative and volatile asset class. Yes, higher risk can (!!!) lead to higher returns, but higher potential returns come with a downside...a higher probability of large drawdowns. That makes it a really bad investment for money you can't afford to lose. The sooner a lot of crypto investors/traders learn this lesson, the better. It's not a "store of value like gold" or an "inflation hedge". It's speculative tech and price volatility reflects this. Also, if world markets enter a recession, none of the crypts will save you. They are NOT a good hedge. If they were, crypto would now be at all time highs.
Literally the only thing you can do is remember this next time you think about yoloing into something. NEVER INVEST MONEY YOU CAN'T AFFORD TO LOSE. I also learned this lesson very painfully several years ago. I hope things pan out for you somehow, but if you need the money, your only option is to cash out and take care of your business.
Crypto did not die when it was just a bunch of nerds buying pizza with it, crypto did not die when it was just Bitcoin and some few altcoins, crypto did not die when all those ICOs came out… but it’s apparently now that many investment banks have joined in, now that its being covered on all news platforms, now that they’re working on regulations for it instead of dismissing it as a scam… now that actual markets are built on top of it…yea now is the right time for it to apparently die. Can y’all just stop it please? Crypto is not dead… however, it’s kinda over for your favorite shitcoin tho…YOU WILL NEVER GET YOUR MONEY BACK ON THOSE.
DON'T WORRY MY FRIENDS YOU WILL BREAK EVEN OR EVEN PROFIT 20-30% OF YOUR ORGINAL INVESTMENT BY 3 OR 4 YEARS LATER SO IN 2024 or 2025 JUST DONT EXPECT TO SEE BITCOIN AT 60K EVER AGAIN MAXING OUT AT 40 OR 35 FOR EVER ​ ITS NOT GREAT PROFIT BUT AT LEAST YOU WON'T LOSE ALL YOUR MONEY 🤣😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂
GUYS SHUT THE FUCK UP THE WHOLE MARKET IS DOWN NOT JUST CRYPTO. GO LOOK AT STOCKS. PEOPLE JUST RUNNING OUT OF MONEY DUE TO INFILATION BEING SO FUCKING HIGH. ​ YOU GUYS ARE A BUNCH OF PUSSYS HOLD YOUR SHIT FOR 4 OR 5 YEARS WHEN MARKET RECVOERS.
When will people fucking realize that YOU DONT KEEP YOUR CRYPTO ON AN EXCHANGE There are no regulations on these fuckin things!!!!! Even Coinbase had to admit that ALL YOUR ASSETS ON THEIR PLAYFORM ARE EXPOSED TO CREDITORS IF THEY GO BANKRUPT #THESE ARE NOT BANKS, YOUR MONEY IS NOT SAFE IN THEIR CUSTODIAL WALLETS Stop keeping your shit on exchanges, and for fucks sake, support basic regulations that will protect and insulate your funds from their business problems
Not really, everyone in crypto apart from the people actually making the blockchains are just here for the money they put in, to hopefully take it back out again one year on a BTC level. Doesn't matter what anyone says it's all about the money, the WHALES have people who organise telegram groups to organise pump n dumps so they can milk the fresh people every bull run... the whales. They have all the money and they still want all yours too. Its always about the money. This is a fools game if you don't play it properly and understand exactly what these people are doing on ALL levels from us goldfish to the piranhas, sharks, orcas ... and the whales play us the most. Any kid on here can preach its about the tech (not trying to be condescending just saying in general) but they wouldn't be here without money. MONEY. Welcome to crypto.... the best and only thing you can do... stop checking what you are loosing... put your fucking phone away for a year... come back when you see the crypto market is recovering and prey your/my coins made it, if not.... well it'll be the end of our cycle..... and the next generation will have its turn with the whales 🙃 Good luck and God speed.
I remember some idiot telling me a few months ago how crypto is decentralized because the banks don’t control it. Like MOTHERFUCKER SOME EXCHANGE CAN LITERALLY STOP YOU FROM TAKING BACK YOUR OWN MONEY DO YOU SEE HOW INSANE THIS IS. It’s like talking to children.
This is why we need to push for Bitcoin to become MONEY not just digital gold. If all of these billionaires are allowed to sit on their Bitcoin and take loans in infinitely devaluing fiat, forever, then Bitcoin has failed and just become digital serfdom. However, if Bitcoin becomes MONEY, them all of these billionaires will need to pay their employees, expenses, suppliers, etc in their Bitcoin. In that case, the Bitcoin will just distribute itself naturally, and early adopters only get a head start, not a fiefdom.
The innovation is decentralized money. The money the property is paid for with and settled in. The money that separates money from state. You still haven't realized that yet, regardless of your low-iq false equivalency arguments. There is no innovation in trying to recreate the current financial order by making it a derivative on a blockchain which acts as a derivative internet to ferry centralized derivative money. You're a victim of VC promo, trying to find use cases where none exist, naming it with buzzwords, and hoping it pumps your bags. Decentralized MONEY. Not your VC vaporware.
Dear Practical, the innovation is the money that property is bought and settled in. Nothing else. The home hasn't changed. The property rights of the country it resides in haven't changed. It still requires its lawn mowed, annual taxes, insurance, your own appraisal, a sheriff to remove people that won't leave, repairs, keys, etcetera. You're still trusting the government won't seize it for whatever reason. That it's not part of a different contract or zoning. That if I click on the wrong Discord server link and the NFT is stolen, that the law will help me recover it, because it has a physical footprint. My point is, wether it's Zillow or a blockchain, the same trust and centralized authorities exist. As for trading, we already have REITS. And the financialization of home property by VC's has already helped drive up the price in our inflationary financial world. The innovation is the MONEY. The decentralized deflationary money, that over time will create an overabundance of products and services outside of itself.
A crypto debit card is not going to help you, here. This is a problem that’s already solved before you even begin - you have cash. Cash is untraceable. Crypto, without jumping through hoops, is the opposite of untraceable: it’s an immutable public ledger that can never be changed and can be viewed by anyone. You have cash. Cash is untraceable. Earn the cash. Spend the cash. The government knows nothing. If you are talking about LARGE amounts of cash, what you are essentially asking here, is how to launder money. LAUNDERING MONEY IS ILLEGAL. VERY FUCKING ILLEGAL. As in, not a joke. Do not launder money. Do not come on crypto subreddits asking how to launder money with crypto.
I think you're confused... the exchange of capital still occurs. You're still describing capitalism. You purchased your big bags of tokens (the farm). This yields some other tokens (crops). Someone IS STILL REQUIRED to believe in your crops, that they have value, and PAY YOU MONEY in exchange for it (your crops may be shit and might not even be able to feed a dying horse). You're just exchanging capital in a different from and in a different industry. You're lacking the fundamental understanding of capitalism. Be wiser please.
Dude, you lost the ability to give advice, you gambled away your son's tuition, absolute degenerate. STOP GAMBLING, JUST STOP IT, STOP SHORTING, I SWEAR TO GOD IF I COULD I WOULD SLAP YOU IN THE FACE. THERE IS NO FREE MONEY, STOP IT, WAKE UP. YOUR SON NEEDS A ROLE MODEL NOT A DEGENERATE FOR A DAD, STOP COMPARING YOURSELF TO OTHERS ABD GET A GRIP!!!!
Crypto gaming sucks because none of them are backed by gaming first studios and companies. Microtransactions don't kill games. No gameplay or boring content kills games. NFT should be a FINANCIAL TOOL BEHIND a good studio making games. Crypto has it backward. Crypto makes NFT and then makes "games" to justify the NFT. It reeks of a snake oil salesman. And they can count on making money because crypto is filled with "investors" super eager to get first in any ***hot potatoes*** game. The real problem with crypto is IT'S FULL OF GAMBLING MONEY BUT LACKS ENOUGH REAL TALENT TO MAKE GOOD STUFF!! My best bet on NFT breaking into gaming is the Ubisoft partnership with Tezos.
It's someone who recognizes that the true innovation was with Bitcoin, and any replicant is missing the fundamental decentralized nature that makes it valuable. The MAJORITY of altcoins are schemes to get rich with zero useful utility. And for anything that doesn't fall into that bucket- something that may actually be useful, probably shouldn't require a token to "invest" in.. and the use case completely pales in comparison to the utility for a better MONEY than humanity has ever seen. You'll hear from crypto bro's how concert tickets, and pictures of monkeys, and real estate all belongs on the blockchain! Even if they're right, it does not compare to the utility of money. Bitcoin only.