USA

TheGreatCryptopo

You wait till Gordon Gekko gets his money grabbing hands on this, his buddy Buddy will have an all new hard on for him, and ETH. The speech he made about greed, well it'll be something like this. The point is, ladies and gentleman, that ETH -- for lack of a better word -- is good. ETH is right. ETH works. ETH clarifies, cuts through, and captures the essence of the evolutionary spirit. ETH, in all of its forms -- ETH for life, for money, for love, knowledge -- has marked the upward surge of mankind. And ETH -- you mark my words -- will not only replace FIAT, but that other malfunctioning corporation called the USA.

Proud_Joke8661

Ya I think they already did something like that with gold in the USA a 100 years ago.

LegendaryJohnny

There was Burger claiming that crypto did biggest moves thanks to the great USA. Will just leave this post here as my reply: https://www.reddit.com/r/CryptoCurrency/comments/1mlb4y4/comment/n7ru26i/?context=3&utm_source=share&utm_medium=mweb3x&utm_name=mweb3xcss&utm_term=1&utm_content=share_button

bitusher

Its because 200 amps isn't distributed evenly(100 amps per leg) , safety margin, upgrade ability , spikes in usage( like microwaves spiking up to over 40 amps @ 120 VAC for a brief moment and than dropping to 15amps of draw) and being able to charge multiple EVs at the same time. You would also be surprised by how much a larger home uses to cool with central air . A larger 10k sq/ft home will require 20-35 kW peak load on the panel 10k sq/ft is just an average mansion in the usa these days and we are seeing Mega-mansions up to 30k sq/ft in size and Giga-mansion over 30k sq/ft (over 2,787 m² ) that use 400 amp panels or split service . Thus another component is many don't realize how big homes get in the USA

bitusher

USA has some very large homes and they are all centrally cooled

ScatMonkeyPro

I know this isn't what you want to hear, but I cannot provide you the evidence that you desire. USA has developed nuclear reactors the size of a suitcase. One the size of a container is no problem. America has had relatively small reactors running in Navy vessels for over 50 years. That is a LONG time to. be working on tech in the wings. Also, China probably KNOWS that USA invented Bitcoin, which is why they are so hell bent on keeping their people from investing it. Sometimes in life you have to discard all the information presented to you, and look at the BEHAVIOR of the parties involved to arrive at the truth. This is one of those times.

2LostFlamingos

It is in the USA.

Temporary-Draw-3889

MEXC is a major scam. I was trading there for 2 years and had 47000+ tokens and when they stopped serving USA they told me to withdraw my tokens but wouldn't let me! I told them i needed my phone number unbound to withdraw and they just ignored me and then sold my tokens and kept them. I am in the process of filing with the Monetary Authority of Singapore, the CFTC, and the SEC.

bitusher

Most USA Homes usually have two 240 VAC breakers preinstalled 30 AMP for dryer = 240 V × 30 A = 7,200 Watts 50 amp for oven = 240 V × 30 A = 12,000 watts This asic uses around 1,111 watts per hashboard , so you easily run all 9 boards on a single 50 amp breaker of course you need to consider the overall home breaker , which might be anywhere from 100 amps (24,000 watts) to 200 amps (48,000 watts) in the load as well A typical usa 3 bedroom home with an electric hot water heater and central air can use 5-14 amps of that breaker with a worse case peak of ~60 amps(14,400 watts) being used at any given moment so there is room to spare even with homes that have a smaller breaker box , but a 100 amp box means you might occasionally trip something if you are mining with all 9 boards

YaBastaaa

Why we can NOT buy PENGU in some USA states like NEW YORK. Pudgy penguin is advertised in New York Times Square billboards. What up with that?. Pay the bit linces in New York!!!

GarrySpacepope

Not everybody is in the USA. However I agree that a trade for 5% is both too costly and risky for crypto.

Late-Ad-2845

The USA oficcaly confirmed that they will buy No Bitcoin.

yetisalmon

Also if you’re in the USA use strike. Lowest fees and spread

Embarrassed_Deal_887

Treasury secretary said the USA is NOT going to be buying BTC for the strategic reserve. That's a huge deal and a major kick in the nuts for bullish sentiment.

kingjoeg

O...k you could have just said monthly. I'm not from the USA. No need to be sassy

RIPFauna_itwasgreat

Like usual crypto goes down (at least the last few months) when USA wakes up

Fluid_Garden8512

Retail barely helps move the needle. Even with the introduction of spot ETFs in USA.

YellowRobeSmith

Quantitative easing my friends. Feds are cutting the rates in the USA. I thought most y'all were financial advisors after being qualified ear nose and throat doctors during the pandemic followed by being lawyers during the metoo movement.

BecauseOfGod123

It's nuts how different it looks from other currencies, just because USD devalued so much. 4800 $ are 4100 € or 3800 CHF. And they where kinda equal not so long ago. Now USA seems to have big numbers and our numbers seem to be lagging.

Turbulent_County_469

Inflation is an average across all goods.. But inflation on groceries are close to 150-200% in USA and Europe

JsCole424

Here’s all the reasons according to ChatGPT. There’s not just one thing to point to but a collection of reasons. Not many of these points were brought up by anyone else here: Extreme drought conditions over recent years devastated grazing conditions. Producers, faced with limited forage and rising costs, liquidated herds rather than retaining breeding stock—shrinking the U.S. cattle inventory to its smallest size since 1951. Surging feed prices, inflation, and higher financing costs (due to elevated interest rates) raised the cost of raising cattle. Ranchers’ rising expenses have crossed through the supply chain to retail prices. Consumer demand hasn’t slowed—if anything, it’s remained robust, especially for ground beef. The U.S. faced import restrictions from Mexico following a screwworm parasite outbreak, further tightening supply. Trade policy tensions—especially tariffs on beef from Brazil, Canada, and others—have constrained access to lean beef needed for ground beef production, limiting alternatives for U.S. consumers. One of the “Big Four” meatpackers, JBS USA, suffered a ransomware attack that temporarily shut down multiple beef processing plants—disrupting supply and amplifying price pressure. Beef prices are influenced by a roughly 10-year cattle cycle, where herd sizes and profitability go through predictable peaks and troughs. Herd shrinkage now is part of that cycle, but with added intensity from climate and cost pressures. According to the FAO Food Price Index, global food commodity prices surged in July 2025—driven in part by higher meat and vegetable oil prices—though this index remains below its March 2022 peak.

bitusher

Here is one of the main ways the BLS manipulates the CPI to reflect much lower inflation than most people experience: the Consumer Price Index (CPI) does not include interest payments on personal debts like mortgages, auto loans, credit cards, or student loans at all. The average middle class person in the USA pays between $1,650 to $1,850 a month in interest or over 20k usd a year. This is why it feels like inflation is much higher than the 2.7% they claim right now . Other ways the manipulate the numbers is using substitute goods , so they can substitute a cheap cut of beef instead of this more expensive NY beef loin

ChrisEm9876

Good times to not life in USA

2LostFlamingos

Of course they can. Are you going to pretend that the value of bitcoin increasing is more problematic than the value of various fiat currencies heading towards zero? Look at the USA. I’m not even that old. My parents tell stories of going to a store to buy chocolate bars for a nickel or a big bar for a dime. If they had a whole quarter they were hot shit. But you’ll say it’s problematic that the buying power of bitcoin keeps increasing.

Mobile_Hawk6974

So it’s a gamble. And not safe sounds like the USA

stickybond009

One of my friends was in USA and he had got 150 bitcoins for $200 or so. He sold for $300. Didn't keep a single one. Later when he realized he invested in Coinbase equity in private placement. Made very big money (he is still selling it) but still his heart is set on those 100-150 bitcoins.

mr-fybxoxo

We need real stamped news. Like the “incoming” USA Strategic Bitcoin Reserve… which seems to be lacking since Bitcoin Act hasn’t progressed…… Rate Cut on September is not enough to catapult Bitcoin past 140k..

Elemental_Breakdown

My Healthcare costs $2000 a month as a public employee in the USA, and that doesn't change until I die. Do the math. Still happy I was able to save like. 04 btc so far. If it doesn't dip, no way I can afford more.

8307c4

I believe in the USA when you sell you can declare how much you paid for it, "retroactively" as some might call it... I have the same problem, we may want to talk to a CPA in some order too.

BlueskiesBlkD

Yea, a trade is also considered sold. 1) senator purposes $600.00 a year free. 2) Another is trying for $300 with a 5k yearly cap. 3) T Jr. Is pushing for no capital gains tax. On crypto One thing for sure something will be passed easing the capital gains tax in USA -- might not be much tho.

mamaburra

You can in the vast majority of the world's countries and then some. Reddit is not USA.

bawelbawel

Plot twist, the USA ceases to exist by then and a new country with a brand new currency (but still using the symbol $) will stand in its place. So the prediction was correct, it's just a different "$"

pop-1988

> compliance features Compliance isn't just a checkbox. The new USA laws require the power for law enforcement and political agencies to censor transactions and seize users' funds. With a purpose-built L1, it's easier to comply, compared to using ETH and similar chains

contact

If we’re talking about Coinbase loans.. this is the USA

PenguinsInvading

Depends. Not every funda news have the same effect on markets. You can't look at it in a vacuum. We had a miscalculation for USA unemployment rate a frw weeks ago. Powell didn't see any reason to cut interest rates. Today's news can be a catalyst for risky markets to gain bullish momentum before we get the September meeting results. Obviously there are some uncertainties hence why we makes decisions with management in mind.

iam-ufo

Wie kann die USA noch Krieg führen?

Historical_Cobbler

TLDR- healthcare in a developing world (USA) with private insurance is twice the price as paying cash. Forming a collective where everybody pays in within a blockchain so people save money and insurance companies don’t rip people off.

zero-the-hero-0069

Are food stamps tradeable for gas in the good ol USA?

BallSmashingForever

CCP trying to catch up to USA.

Due-Inspection-5660

we love the USA

btcprint

Yeah here we are 4 years from the last high, hitting a new high. It WILL break after this cycle because Drumpf is doing everything possible to go full Weimar which will make the highs higher in $ terms, but inflation adjusted it will have half the purchasing power They're trying to kill the dollar to default on the debt through inflation and introduce a new closed source crypto con backed by Bitcoin but incapable of being audited. And control access to all services so if you step out of their line (all purchases linked to you and traceable) you're cut off. This isn't just a USA thing it's happening everywhere all at once. Welcome to 1984. The boot tastes good.

One_Bodybuilder_5289

Hines's position has been described as the "White House Digital Asset Policy Advisor" and as "Digital Policy Czar." He was helping getting up the Strategic Bitcoin Reserve for the USA.

KIG45

There will always be market manipulation by big players in the USA.

RetroGaming4

Wait until the USA says publicly that they are actively buying bitcoin. Omega candle incoming.

xte2

If USA pension funds start buying the price will skyrocket and before the exhaustion of BTC we still have maybe a decade at least. So well, I do not expect a deep now/in the near future. If a large central bank like the FED or the ECB launch a fiat crypto maybe we will see a big dip, but that's unlikely because while central banks knows they need a CDBC to keep going, people is tired by the costs and limits of the banking systems, individual banks knows they will lost both fractional reserve and deposits, if a CB launch a CBDC who still allow the banking system to run as they run now it will not work anyway.

Emergency-Warthog-56

Depends on the country. USA is extremely close to spot.

Emergency-Warthog-56

Depends on what country. USA has extremely close to spot. I know because I watch the exact times during transactions.

Mr_Ander5on

The main value of ETFs imo is being able to use registered accounts for tax efficiency. Example, I’m in Canada and you can buy in an RRSP to use pre tax dollars and you can use a TFSA to not pay tax on the gains. In the USA you can use actual btc in the tax accounts, if I lived in the USA I would do the real meal deal.

EarningsPal

Imagine, some will watch another 4 and 8 years THEN start buying and posting how they are early! They will all be talking about how the US M2 is clearing 33 Trillion. The debt will continue to make the US richer and richer. It’s a hoax in reverse. To brilliant a plan to be anything other than a natural phenomenon. The US just found another way to create more wealth for the US. not only does the USD get traded into foreign accounts to either rot away or be returned as treasury investments for APY in the unit the USA mints out of thin air. Kind of like staking tokens. The value in the distribution shape and the demand and greed to forever concentrate wealth into the entities that can borrow the most USD and avoid liquidation through time. With stablecoins, they immediately get loaned money before it’s spent. Stable coins will be so profitable that it’s bound to grow deliberately with advertising eventually. The money will be on the balance sheet of banks that pay and don’t pay interest. The most popular and easy to acquire won’t pay the bond rate. Eventually the money will be more profitable in a high rate environment. Hopefully we don’t get there. More likely the stable coins proliferate quickly because the masses minds are converted slowly to BTC only because it seems like a risk. Risk is what usd holding avoids. Unless you see BTC as something exactly as it seems. Literally number go up units. Because we do actually live in a world that is a runaway train of wealth accumulation. A method that will work in your timeline. Such that BTC will just maintain its average rate of return for many decades to come. That the price will continue to just increase as more people just get tired of watching. Nothing bad happens. Life goes on. Prices implode in 1000 years because something actually figures out how to infect the network and corrupt the incorruptible ledger that controls the based unit of the planet.

-5H4Z4M-

Of course not , bitcoin price would have to reach 5-6 million dollars per coin for that. You don't have to include the entire world, each bitcoiner holds for himself. And if you low your expectation to countries, then Bitcoin’s price can absolutely grow faster (in percentage terms) than a country’s GDP growth rate. For exemple i'm not American citizen, so for what i would care of USA's GDP as long as my Bitcoin balance grows enough in future to retire in peace in my country or another one that i would choose ? No other crypto is granted to survive the next bear markets.

Alternative_Tie_6575

Might try your local social services office. In California, in Santa Barbara County, I easily i Slide in under "Twice the poverty line" making less than $67,000 Year. The median is at $105k.  Cal Fresh will assist in offsetting inflation on food. By your calculation as a single person I get about 30 items per month.  Good Luck to All.  It is shameful that anyone could be hungry in an agriculturally rich country like the USA.

2LostFlamingos

Sure. Just but same amount of BTC that day. Use LIFO, no tax implications. Still annoying to keep the records and file the transaction. For USA at least.

BucketsAndBrackets

I know guys from a band which had some "easy to think off" name and some bad from USA contacted them and said that they are gonna sue them if they don't change their name so they simply added "not" in front od it.

deij

I don't think the rest of the world sees the USA how the USA imagines the rest of the world see you. Not much would change.

2LostFlamingos

There’s no gain on any of this. So you owe no tax in the USA.

dANNN738

Simple. Wait until USA is about to get its arse handed to it in a war then ride in and save the day with a long list of demands… oh no wai

thistimelineisweird

It wouldn't be the death of the USA, but we'd lose a lot of hard and soft powers that come with being the resrve currency- like being able to issue sanctions on other countries and such. There is a theory out there that whoever is the global reserve currency actually has a lot of downsides, like always having a trade imbalance that makes exports more expensive and imports cheaper. So some industries, like manufacturing, really suffer in whatever country is the global reserve- which is what is happening in the USA. Oddly enough, economists in the 1940s also theorized about having a non-country specific currency as a global reserve, which is kind of fascinating. [https://en.wikipedia.org/wiki/Triffin\_dilemma](https://en.wikipedia.org/wiki/Triffin_dilemma) [https://en.wikipedia.org/wiki/Bancor](https://en.wikipedia.org/wiki/Bancor)

B35TR3GARD5

I don’t think they understand it would be the death of the USA if we lost the peg to Oil. It’s literally how we’ve stayed in power this long :))

SouthernGoal4836

Everyone who says this wasn’t in the online USA gambling sphere. Back then it was taboo now everyone I work with sports bets with draft kings. Bitcoin was the number one deposit and withdraw method for offshore books that no longer had to rely on credit card processing or accepting money gram and western Union money transfers. It was absolutely a huge deal in border less/permission-less transfer of funds. Much different time than today where the government wouldn’t let you gamble online compare to today.

ModifiedVolumeKnob

My 401k is 80% S and P 500 with 10% in USA Total Market and 10% in the World Stock Market. ALL the rest is in BTC or BTC-related funds.

Eladir

Or USA dominates EU and doesn't allow euro to threaten the dollar.

Outsider-Trading

The very simple version is that the European Central Bank and politicians were risk averse and fearful of sharing power with stablecoin issuers, and so have basically completely ceded an immensely valuable and profitable form of currency exportation to the USA. It's just another case of European elites and regulators being so fixated on their own power that they sacrifice hundreds of billions of dollars of future earnings and influence.

Volgrand

First time i heard of that. To be honest i asked if you were from the USA because in my mind the likely association was that you thought i was mexican, hence a gang member, something likely an USA fellow would think

Volgrand

Nop. Spanish, sleepy & still at bed. Are you from the USA?

i_dont_even_know_wtf

USA

redditigation

Perfectly fair. However.. You can get any fines in the USA and if these are unpaid you can go to jail if you drive and get pulled over. Weird huh? Oops, forgot to mention that they ban you from driving if you have any kinds of unpaid fines. Therefore you drove without a license, and at least in NY that's jail. So if you refuse to pay these fines for years, in principle because of how atrocious this is, legally the fines are no longer enforceable against your license. Suddenly the State takes a new approach: they garnish wages and Levy your accounts. Regardless of whether they see your face on your Bitcoin, they can't touch your money. I bought something once and it wasn't something I searched for beforehand. I then received ads of the outlet I just shopped at. Wtf. Bitcoin couldn't do that. Idk there's a lot of good principles to it that KYC doesn't kill.

csmflynt3

Crypto tax policy is the next thing Trump needs to fix in the USA....It's completely asinine and makes it almost impossible to use it as intended without spending hundreds of dollars on crypto tax software and hours of your time to track every single time you converted one crypto to another. I'm hopeful it gets changed soon though.

BigConcentrate2033

And that the president of USA would launch a meme coin….

CryptoNation1

so $80 in btc you would need to record that transaction and what price btc was at * 20 times a year Xrp or any crypto swap 20 times a year same thing need to record the transaction and the amount of coins but this situation is tricky since both coins may go up or down in value 20 different times throughout the year. But apparently you have to report these transactions on your taxes but there's only a box to check that you received crypto. In short it's a complete mess and nobody is speaking up the future looks grim if you are in the USA trying to acquire crypto now.

Lord_Alamar

In the USA retail has *far* more disposable capital than ever before

AllUrUpsAreBelong2Us

This should not be allowed as we all know that bitcoin was created by the CIA to break the USA free from the control of the central bank hoax pushed by the Queen.

Fluid_Garden8512

>USA about to buy 1,000,000 Bitcoins. No they are not. It was just a drafted bill. No guarantees it will be approved.

Which_Tradition6168

Funny how a Chinese curse has transmogrified to a USA one.

Dzerikas

So a family who is behind on their mortgage payments and bills are gonna spend their last bits of money on food and necessities or BTC? And again, you are thinking of USA only

Dzerikas

For those to happen it means everybody will in great economic hardship, depression all over again, people wont bother going buying BTC when they wont be able to even buy some bread Also USA isnt the world pal, dollar isnt the only thing that exists

Advancebo

You can use non kyc exchanges to swap to USDT. But legally as a miner in the USA, you pay an income tax on the market price at the point the bitcoin mined was gained. Then you also pay a capital gains tax when you sell based on your cost-basis (market at the time bitcoin was gained). Or since it’s non kyc bitcoin, you can just say your cost basis is $115k or whatever.

Typical-Street-6496

Would you shine and kiss Trump's shoes if it means he will tweet "\*(nsert your favorite shitcoin) has been chosen by myself to be one of the main cryptos that the USA will buy for its reserve! Thank you for your attention to this matter!"

SmoothGoing

See tax agency website of your country. In USA it's irs.gov

Doctor_Fritz

Rate cuts are coming? To the USA? Lol. Those unemployment numbers are just the beginning and the trump tariffs would like a word. Inflation is going to slap the US in the third or fourth quarter when their initial stockpiles run dry and companies will be forced to buy raw materials at largely inflated prices due to the import taxes turnip put in place in all his wisdom. I am personally riding the wave a little but am prepared for a dump near the end of the year

Gallus_11B

I'm speaking about the USA. I don't keep up with other countries because they don't matter.

Purple_Errand

Yeah, boring but its accumulating liquidation at close range. difficult to break it without USA red news

CompetitiveAppeal663

I like coingeko as a way to keep track of purchases in their “portfolio” function. All free and you don’t need to put in any identity data. You can also keep tabs on “multiple” portfolios if you have different accounts that are taxed differently (ie Roth vs Trad IRA vs brokerage in USA). They also do all the shitcoins if that’s your jam.

will2002g

Can you guys explain to me why Coinbase is a problem. I’ve been using the platform before it became a USA publicly traded company. Now I understand how the fall of exchanges spooked a lot of investors, but correct if I’m wrong. When I need actual money don’t I have to move my crypto off my wallet and back into an exchange to cash out? I’m open to hear some insight.

FieserKiller

how should anybody here know where you are located and what currency 5k-10k even is? If its USA and USD simply choose any of the big exchanges or brokers.

teknical_data_au

To all: I didn’t mean one single person literally. I meant overall, eg comparing people in 3rd world vs 1st world in terms of the value of BTC and what it can purchase. Eg in a particular country 1 BTC might buy a whole village. In USA it might buy a single condo.

cleanshavencaveman

Hearsay all around. It’s all fake numbers on a screen. No one knows. Whoever lies best wins. There’s no inherent value in it if a government can’t back it up. It only rises when the USA rises and president declares crypto scam protections…. The truth is if USD went down hard in a major way, btc would be next to worthless.

SeverusSchnaps

So of the ETFs are buying their ETH and BTC OTC and during the days. (not directly when one buys a ETF share). And when USA markets start at 13:00 GMT... Why does everybody waits till 15:30 to panic.  I thought crypto was 24/7

Full-Commercial7538

Many questions 1. exchanges selling your bitcoin 2. Supply shock will take longer to get too why do you think coinbase paid 2% to move crypto to there exchange ? 3. In a debanking moment or that 1 moment of say a coinbase *( goverment default on debt ) fall & do you think your coins will stay your coins & think about it as this moment only has to happen 1 time in history for it to matter. I do understand why you would suggest it as it is in the best interest of careless people who cannot take the time to invest in there geberational well being & freedom from financial dependency but I am of the mindset that with great freedom comes great responsability & believe in not your keys not your crypto. That bejng said i will not lie I have almost 100g worth of crypto on exchanges , I do however hold my main stash on a ledger i also have a tangem , I use multiple hot wallets to liquidity mine , lend & borrow , I also run evm & also use exodus for staking . I truly believe that we could have a AHHH HAAA moment as 9 billion people try to buy 14-16 million bitcoin & I do think the more on exchanges give the exchanges far too much power so I know I am personally risking what i have on exchanges & am ok with that risk becayse of what i have in cold storage !! ONE AHH HAA MOMENT IS ALL YOU NEED !! Celsius & FTX were trust worthy & safe until they were not & join the coinbase reddit & fir every self custody blumder i read i read coinbase scam or wirse coinbase seizing funds. I am from the united states & know its easy to prove identity & shit & was biased at one point so I had to think global to form my current opinions . Many countries that never thought they could fail have failed & the USA could be next and if this happened I do not know if coinbase would say John take your bitcoin or if the giverment could shut them diwn & seize them . I could think of 100 different events that coukd take place 1 time & hopefully change your mind & however unlikley it would be that 1 AHH HAA. moment that would remove a decade of work blood pain tears & smiles from my possesion so I will never agree with you. If thats your thoughts then i cannot change them and hope i never say TOLD YOU SO !!

Big80sweens

Lmao, could not disagree more. Bitcoin is the most secure in that if you store it properly nobody can touch it. I have plenty of other investments, I don’t even consider bitcoin an “investment” in the sense that I’ll look to sell it for a return later. Bitcoin to me is a last line of defence on wealth preservation. In a world where nothing is guaranteed and any other investment/asset can be taken from you if the wrong people get into power (look no further than Trump in the USA), they can never touch my bitcoin. My hope is to hold my bitcoin forever and continue to accumulate, the only time I’d sell is if shit hits the fan and I need to gtfo out of my country and start new somewhere else. Otherwise I’ll die with as much BTC as possible and tell someone else how to access it before doing so.

uncapchad

Regulation and taxation are still the big stumbling blocks. USA for e.g. some people have to contend with Federal, State and Local Tax regulations. New York I believe people cannot self-custody BTC, you can buy it but withdraw cash only. Unblock that, then adoption improves - more entities accept it as a method of payment etc until it reaches the point where it just makes sense to pay people in BTC (or give them the option of being paid in BTC). The other side of the aisle will fight this with all their might though. So it could take a while.......

KateR_H0l1day

I use CDC, I travel extensively, right now I’m in the UK, but am USA based, and I’ve had zero problems from multiple countries. Therefore, I don’t think where you are is the problem you have with suspicion activity, unless you’re trying to use multiple currencies, then I could see that as being suspicious.

agorism1337

Bitcoin is successful today because of all the refugees from the fiat world. Once crypto wins, the flow of refugees will stop, and bitcoin will lose this advantage. At that point, the cryptocurrency that wins will be whatever blockchain has the land registry inside of it. A Blockchain that keeps track of who owns land is able to enforce mortgage contracts. Mortgage contracts make it possible to transform the value in land into a currency. All through history money has worked the same way. Owning land means you need to make regular payments. Sometimes these payments are taxes to a government, sometimes they are mortgage payments to a bank. The effect is the same either way. The regular payments are a kind of mortgage contract. The other side of your mortgage contract is used to back the currency. For example. In the USA people pay taxes every year in USD. So, if you own USD, you can have an expectation that tax payers will want to buy the USD from you so that they can pay their taxes. The property tax gives value to the currency.

AffectionateTown6141

Satoshi is 100% a government entity. USA, China or Russia have the power and reason to create Bitcoin.

GeneralPhilip

Its the USA man i feel like we all feel it deep down too. Who else has the means for this ya know

NiagaraBTC

What country you're in is very helpful to know for this question. Assuming USA, I recommend Bitcoin Well. Canada, Europe, Mexico, Costa Rica - I recommend Bull Bitcoin.

Poindexter2291

I know OP is not in the USA, but... for the love of all that is holy, do not YOLO your entire life savings and retirement plan on any cryptocurrency, even one as "stable" as bitcoin. If you live in the USA, get a Roth IRA, get whatever match you can in a 401k, look into HSA's, and other accounts, etc.. and invest in the S&P 500. Use BTC as a hedge, not as your SOLE investment vehicle (don't rely on social security either, though). I hope this is obvious, but unfortunately I don't think it is. Naturally I expect this sub to be very long and wide-eyed on bitcoin, but trust me, do not rely on bitcoin to be your "only hope to retire." Diversify (and I don't mean buy 10 different shitcoins). Do not listen to the doomsayers who tell you the dollar is going to collapse next year and bitcoin/crypto will be the only way to survive in the Max Max style wasteland that remains. This is just one man's opinion of course... but if I see you on Reddit in the year 2065 saying "I have nothing for retirement" because BTC crashed, or became outlawed, or society just decided they stopped caring about it altogether... know that I will be one of the people laughing. (this is not directed at OP specifically)

insanescv

Still gotta give up citizen in USA and they def digging

cassydd

I'm kinda shocked any surplus electricity isn't going toward AI data centers. A lot of countries including USA are starving for volts right now.

WTFOMGBBQ

USA, same thing, it’s supposed to run out of money in less than 10 years, but we all have to pay into it anyways.

TheMajesticPrincess

1. There are actual banking laws in Europe, UK and USA which ringfence, protect, and reimburse cash losses (provider bankrupcy) which does not exist for stablecoins yet. 2. It's far easier to pay normal daily expenses like rent/mortgage and utility bills with cash. 3. This opportunity is more about actively tracking the market, and will vary between true and untrue at different points and based on nationality: There's better interest rates available on cash than there is from stablecoin yields situationally. In the UK banking system you can get 5-7% on high street bank linked savings accounts or on specific cash ISAs. Coinbase has staked USDC at 4.1%, other exchanges may have better or worse rates.