USA

Costanza_Travelling

Most interesting. I've been discussing post-war investments with Claude. Seeing how pre-war / mid-war investments are already (?) priced in and keep zigzagging thanks to the Orange Ballsack in USA: oil, fertiliser (ammonia, urea), helium, ... The next play would be post-war stocks (air-lines, rebuilding, oil fields..). And so, the conclusion is, once ceasefire is declared, gold would dip due to ppl hedging out, and BTC / Crypto would rise as people get back into more risky assets. This aligns well with the latest ramblings from the Orange Ballsack, about that strait getting opened up. The question is whether this is sustainable... or rather, if I can still buy BTC at a lower price. I don't know myself. Will be interesting to see how it goes!

OutlandishnessLimp25

I typically point people to River if residing in the USA (excluding New York and Nevada). They take security seriously and also provide proof of reserves. https://river.com/reserves Cold wallet is the way to go. There are many out there. I use Trezor and Ledger. Always buy directly from the manufacturer (not Best Buy or Amazon) for optimal security.

AmmonZeus

No,they said except USA, Israel and all their allies. That means they are closed for all the west world

whocaresreallythrow

I just can’t see how other coins get going and detract from bitcoin. There is an endless supply of coins no different than an endless supply of fiat. Plus if the web shuts down (like they turn off power in some countries)… then the coin is there but useless for transactions Just like a bank blocking your fiat account …. Maybe my perspective is USA centric where we have the global fiat currency by which all else is measured . Where our military is strong in the world so can defend our natural resources and take other weaker countries resources like oil or rare earths or even land as needed and so forth. I think bitcoin is good for anyone who live in countries where the rule of law is suspect. Where currency is weak. Where corruption is rampant and people don’t have faith in their local economy. Places like Nigeria. Sudan. Somalia. Etc … But I still don’t believe. Started messing with it at $100/coin and I play a little. Just to make money on the ride. But I still do not “believe” in it and will never trade my usd denominated stocks or gold or bonds in for btc …

extrastone

Forget other cryptocurrencies. What's interesting is bitcoin's status as a currency. [https://www.tradingview.com/markets/world-economy/indicators/money-supply-m2/](https://www.tradingview.com/markets/world-economy/indicators/money-supply-m2/) If bitcoin hit $1 million that would mean that the total market cap of bitcoin is $21 trillion. That would currently put it at just behind the USD M2 money supply of $22 trillion as the third largest currency in the world. Currently: 1. China $50T 2. USA $22T 3. EU $19T 4. Japan $8.4T Now it's clear that the market cap of these currencies will go up. Bitcoin might only be the fourth or fifth largest currency. Nonetheless it will not be boring and it will play a huge influence on the international stage.

mtnmahogany

I used to watch Max Keiser's show on RT regularly, back in the 2010's when he and Stacy broadcasted the show from London. Max predicted the success of the new blockchain technology, but I didn't pay too much attention. Over time, I began looking into it a little more. I visited at [bitcoin.org](http://bitcoin.org), and read the whitepaper (I have just enough technical and math knowledge that it did make some sense to me). --When the price of BTC rose to about 1K USD, I thought I was too late: I don't really have much money to invest, and I have never been in the stock market at all, so I was about to give up on the idea. Then in 2014 the debacle around the MtGox exchange happened, and Max Keiser pointed out that the problem was not with BTC itself, but with the exchange, and bad players who were attempting to "game the system." The price had dropped appreciably, down to about $500 USD and I saw my opportunity to get in. After struggling to find a reliable exchange that operated in the USA, I finally started an account with Coinbase and bought $100 worth of BTC. I also found out about the "HODL" philosophy by joining this very subreddit. I began reading and watching Andreas Antonopoulos, and learned about technical aspects. the importance of self-custody, and secure storage using a hardware wallet. I treated my BTC like a savings account rather than a trading scheme, and it has become the only savings plan that ever has been successful for me, even though the BTC price continued to drop for a while at the time, and I held on for a couple of years before I actually saw much in the way of gains. The lesson learned was that BTC truly resembles a hard asset like gold or other precious metals, but in a digital form.

SC2000c

Boris Johnson and Bitcoin Criticism of Bitcoin • ⁠Ponzi Scheme Allegations: Johnson has publicly criticized Bitcoin, calling it a "giant Ponzi scheme" in a Daily Mail column. He cited a story of an Oxfordshire resident who lost £20,000 after investing in Bitcoin, highlighting the risks and lack of intrinsic value and accountability in crypto investments. "Former UK Prime Minister Boris Johnson criticized Bitcoin in a Daily Mail column, calling it a 'giant Ponzi scheme.'" • ⁠Community Reactions: Some redditors agreed with his assessment, while others defended Bitcoin, emphasizing its decentralized and transparent nature. "For once he’s right !" vs. "Everything all the way back to Sumeria is a god damn Ponzi scheme dude." Involvement with Crypto • ⁠Donations and Fees: Johnson's office has received significant donations from crypto investors. For instance, he declared a £1 million donation from crypto investor Christopher Harborne. "Boris Johnson declared £1m donation from crypto investor in sign he won't be stepping back from politics" • ⁠Speaking Engagements: He has also been paid substantial fees for speaking about blockchain and crypto. One report mentioned a £250,000 payment for a blockchain speech. "Boris Johnson paid £250k for Blockchain speech & given £1m donation from crypto investor Christopher Harborne" Family's Crypto Connections • ⁠Brother's Role at Binance: Johnson's brother, Jo Johnson, was an adviser at Binance, a major cryptocurrency exchange, but stepped down amid concerns over the exchange. "Boris Johnson’s brother steps down as Binance adviser amid concerns over the exchange: Report" • ⁠Public Perception: This connection has led to some scrutiny and speculation, especially given Boris Johnson's public stance on crypto. "TIL Boris Johnson’s brother was a Binance adviser..." Political and Economic Impact • ⁠Regulatory Stance: There is a perception that politicians, including Johnson, might be influenced by financial incentives to go easy on crypto regulations. "Funny how they don't care about crypto regulation when there's money to be made..." • ⁠Market Interest: Some believe that political instability or socialist policies could drive more people towards Bitcoin as a safe haven. "Bitcoin will certainly rise in value if any socialist despot comes to power in the UK or the USA in the near future." Communities for Further Discussion • ⁠r/CryptoCurrency • ⁠r/Bitcoin • ⁠r/ukpolitics

droctagonau

Hey mate, this guy will absolutely go into crypto jargon mode and act like you don't know what you're talking about. There are 2 simple things you should ask to show your Grandma why this is a problem, and don't engage him on anything else. Ask both questions and then do some googling to verify. 1. Which crypto exchange is he recommending Grandma use? 2. Is that exchange registered under anti-money laundering (AML) laws in your country, as required by law? The let him know you're going to google it and don't let him interrupt. Q1 goes one of two ways. Either he wants your grandma to give him her money and he'll invest it for her (bye bye money), or he wants her to use a scam website that won't let her withdraw her money (bye bye money). If he wants your Grandma to give him her money, you better hope your Grandma is smart enough to realise why financial services providers need a license. It's so you know that if someone without a financial services license wants to "invest your money" for you, you're about to give your money to someone who is doing something illegal. You're about to get scammed. If he names an exchange, google "(exchange name) trust score". That will tell you if the website is a scam. Make sure you find the real web address for the exchange, in case he names a well-known exchange like Binance or Coinbase but gives her a scam web address. Make sure your grandma understands fake website scams and how to avoid. For Q2, you need to explain to Grandma that crypto exchanges, like banks, need to be registered under anti-money laundering (AML) laws in most developed countries, including the US and EU. If they're not, that's an illegal exchange that helps fund organised criminals and terrorists. I assume you're in the USA based on Grandma's "good Christian man" schtick, so you can check their registration with the Financial Crimes Enforcement Network (FinCEN) at federal level, and their Money Transmitter License (MTL) at state level. By sticking to the simple process of "is this man breaking the law" and "is this website breaking the law", you can avoid engaging him on anything related to crypto, and return the discussion to the fact that this man is doing something illegal.

semanticweb

Yes. It is absolutely good for the web3 ecosystem as a whole. Especially clarity for startups based out of USA

The_Mean_Gus

Crypto success depends on a stable, growing USA. Thats all up in the air so it’s no surprise that people don’t feel confident in it.

Doctor_Fabian

I had problems withdrawing less then that in USA. They said the bank didn't have that kind of money for 1 week and that I have to wait . And in the meantime I will get a special call from the bank. Wtf

fairlyaveragetrader

I think it's worth knowing how well it's work, how to operate them safely, how the blockchain works, the information side of it. However, from an investment perspective today. If you self-custody you're making your life a lot harder when it comes to taxes. If you use ibit your broker tracks all your tax information. Super simple. If you use coinbase and stay on coinbase. They have your entries and your exits. If you self custody you have to track your purchase and the date, then when you sell you track your sale and the date. You're likely to get incorrect tax information from the exchange, plenty of us did. So, this is the drawback of self custody now that exchanges are sending out 1099 DA's. If you're outside the United States, this doesn't apply to you. In some countries self-custody I'm sure makes a lot more sense. Many of you guys in here are what I would call BTC collectors. The plan is to just buy a little bit more and there isn't really an exit strategy right now. If you're in the USA your life is exponentially easier to do that using ibit or fbtc. You don't have any trade fees and all of your entries are tracked. When you do go to sell it, it's very straightforward, no tax headaches. With self custody you have to secure your seed, track all of your purchases, the month, the dollar amount, if you don't mind doing the extra steps it definitely works. It's just more of a hassle

m1ngl3d1ngle

Nexo coin will explode. They just reentered USA and now this. 🚀🚀🚀

Remyleboo99

Can’t see that happening. Even with the strait blocked 70 seems the norm. Imagine what will happen when the war is declared “over”. By over I don’t mean really over but that’s all the market wants to hear. The only time I could see it dropping a lot is if Trump mentions boots on the ground or if there is a direct attack in the USA and if that happens I think it’ll be a short lived dump before getting to these levels again.

ilaibenamar

So the USA? It's in war since it was founded

homeless9uy

Bitcoin before institutions… fluid. After institutions… hyperbolic. The largest amount of whales are located where? The USA… all republican related organizations. “Shell companies”… yeah, how about putting your bitcoin into the hands of a larger corporation with mass amounts of extremely hard to audit trails of money. Let alone allow it to be on etf’s and 24 hour trading through multiple unregulated exchanges. IMO… it’s run by the elite right and the plan is to continue tanking the dollar… and then bring those funds back to the USA after foreign countries value has shrunken and we coerce them into take Pennie’s on the dollar in debt from us. Then BAM those digital assets are sent back into the funnel for the elites to prop the dollar up again. Let’s just see if their plan works… THE FOURTH TURNING. if you haven’t read it, then you don’t know what Steve bannon had already advised Trump on as a strategy. Makes chaos look pretty planned to me

Adventurous_Pie6362

I don't have any bitcoins but I'm looking at it because it's not doing what I would expect it to do right now. I'm looking at the Iran war, gold and oil prices, cos I think the USA is totally stuck, but the markets don't seem to think so. Gold seems to have priced it all in already. But bitcoins are actually picking up since the start of the war.

spXps

How is USA even a country bro... You don't have these laws already? Like what are you courts doing all those decades???

permalac

The stakehokders of the company own that. Is like the 10 richest in USA owning 3 trillion, that's a lot. Like almost 3 times all bitcoin combined. 

Routine_Fig_3829

I know some trusted people in bila tsverka who operate a crypto exchange there. My wife is Ukrainian and I visit with her sometimes, I’m In USA. I would be open to chat with you about it. There are a lot of scammers out there so be cautious and careful with everyone. And remember bitcoin transactions are irreversible.

razvanciuy

it's the local gov't that sets these requirements. They want to know everything. Mostly like this in the USA, gestapo banking is preferred so gov't can squeeze where it hurts when itt has some kind of beef with you.

OutlandishnessLimp25

If you’re in the USA (excluding New York and Nevada) I tell people to check out River. They have proof of reserves, great team who takes security seriously and Bitcoin only. https://river.com/reserves

uncapchad

Tether officially launched USA₮ (USAT), a federally regulated, dollar-backed stablecoin for the U.S. market, on January 27, 2026. Same company, new stable

MechAegis

At least in the USA. Its not the banks that want to know. Its the IRS. The teller doesn't give a shit what you're using the funds. IDK why in this situation the rep on the phone kept asking questions. The client stated they are using it for a motorbike. End of conversation. Rep should have just said thank you so much that is all I needed.

77sleeper

Foundry USA got it

Romanizer

Good for you. In that case, stock up on products out of Europe and the USA because they won't be delivered anymore. Regarding investments, nobody knows but gold will be sold first and companies will go bankrupt. Bitcoin will always be there.

dawgone63809

I’m in the USA

Emergency_Egg1281

Dude , tou have to ride your wave of success when you can. Good for him. Hope he makes bank. USA baby.

Entire_Part_2344

Ahh you know in full honesty there are hundreds of ways to off-ramp it, plenty off ppl willingly to do it etc. the comment is more on a joke side. I personally prefer crypto launderers overall but not Chinese because they do sloppy job lol, good Eu, USA based, sure you could say they take a lot at 10% but I feel best and safest that way, also have an income stream that is taxed etc, I better loose some of that money, but on paper etc, no one has questions for me and I can aquier anything I want easily

Nathanielsan

You had me at micro loans. Where do I buy puts on the future of USA youth finances?

tenor_tymir

What about Foundry USA? Whenever i check mempool.space it’s the Foundry guys that mine the most blocks… like for years on end. What do they do with the BTC and how rich are they?

rv8n8

Do what "everyone" does these days: AI. Example: *To keep your identity private while receiving funds, crypto is a solid move. Since you're both in the USA, I recommend using a* ***non-custodial wallet*** *like* ***Exodus*** *or* ***Trust Wallet****.* *Unlike CashApp, these apps don't display your legal name to the sender; they only see your* ***public wallet address*** *(a string of random letters and numbers). Have your friend buy* ***Litecoin (LTC)*** *or a* ***stablecoin (USDC)*** *on an exchange like Coinbase to minimize fees. He then sends it to your address. You can later swap it for USD or spend it privately.* *Should I explain how to* ***off-ramp*** *that crypto back into your bank account anonymously?* /s

KualaLJ

With this logic you could predict the next president of the USA will be Carrot Top.

LatinumGirlOnRisa

looks sketchy, it's not a written article about whatever "Shelby" is supposed to be. it goes directly to a very sus looking, cheap looking website. watch out, don't connect your wallet or interact with it in any way. also: registered in August 2015 updated in August is 2025 expires August of this year of 2026 registered in the Phoenix, Arizona USA metro area (specifically in Tempe, Arizona) phone number starts with an Arizona area code and the registrant is designated as "private." I don't know about you but I'd prefer to know who exactly is behind a project. at least the name of an organization or company that could be researched.

jlwapple

I just checked and don't see an option for a debit card. I'm in the USA.

LyingPervert

You should tell your ex you’re filing a police report with interpol in the USA and the country he is in Maybe he will send the money back

Dr180

USA is warming up the money printer

No-Masterpiece2246

Gabby Ben was the Israeli mobster mastermind. He took a break from defrauding old people after his mob boss went to jail. He'll likely be deported to Israel again and then return to USA to resume the mob life of crime.

Javeroth

I think that this is because the USA-Iran was causing uncertainty and markets hate uncertainty. The conflict seeeeeems to be a short lived one, which caused people to have more certainty and be willing to take a bit more risk. We saw gold and silver sell off and crypto rise, indicating a more risky approach. With some of this uncertainty gone and the recent sell-off, a lot of the hyper risky behavior has disappeared and the market is ready for a bit of a bounce. Likely just some kind of bounce before continueing its bearish trend. That's just my take from what I've been reading and hearing from experts.

Wiseguy507

Yes, USA. Thanks for the info. Do you know the name of the bill or section this universal cost basis is written in? Would be good to read the source info.

McBurger

Assuming you’re in the USA If my understanding is correct (which it likely isn’t), then the switch last year to the universal cost basis forces a FIFO method on a per-wallet tracking. You can only sell a specific lot of sats if it is kept entirely in its own tracked wallet, and never intermingles with other sats at the same time on any wallet or exchange.

Massive-Zucchini-366

GJ for initiation but dont rebuy at the same price, im living from trading gold and NQ100 but in crypto i just invest when it drops, im just giving you free and the best possible advice about BTC, its still a trap until a structure shows otherwise dont go FOMO thinking that price will go without you, i know that price of 60-65k is very inviting because its deepest low, but many bough at 90, 80, 75 ,70k and trap themselfs thinking it was best possible price that BTC MUST go up, BUT yet ..didnt, break of 72k is good sign for start of bullish trend, wait for 72k to break then price will reach 75-78 ,dont buy, market have to breath so it will get back to 72k shortly because of massive sell after weeks of stagnation people will be taking profits, but break bellow 60k is sign to wait, dont forget war between USA and IRAN is escalating, GOLD is safeheaven and USD as dominant world currency, BTC is luxury and fonds are pulling out money from unstable investments and re-ensuring into gold and usd

PirateSKB

>Ahmadinejad I hope as an American, Ahmadinejad sinks our aircraft carriers and takes over the US. USA! USA! USA!

BaadMike

Believe it or not very few millionaires have a lot of liquid assets. Most of today's millionaires have their home as their single largest investment. If you had a $750,000 house that's paid off and a $300,000 401k, you are considered a millionaire, but you may be house rich and cash poor. There are only about 6 million "liquid" millionaires in the USA, which are people with at least $1 million in investable assets. $60k is 6% of a millionaire's net worth if their net worth were $1 million.

BuyAdventurous8868

Bitcoin has and always will be a hedge against the dollar. The US dollar and Oil are about to crash. Trumps attack on Iran hasn’t had the effect they hoped, and market is calling their bluff. Bitcoin will pump v hard in short order. USA desperately needs to preserve the petrodollar keep the ponzi going

jspartanlee

There will be direct impact in the USA this year and I'm not talking about fuel price.

ocrlqtfda

People fail to realize that the USA is one of the few, if not the oil exporting country with most to gain from the strait being closed. Then Russia and Saudi.

Simple-Fault-9255

Considering it's highly likely the USA election was cooked.

BaBaBuyey

Bitcoin will be green by 6:30 PM Eastern standard time USA

Vegetable-Rabbit7503

Not for people who already have money, for everyone, everyone can buy 200 usd per month at least, in USA.

mrjune2040

I couldn't give two fucks about being right or wrong with someone that I'm talking to on the Internet. So talking about deleting posts? That says more about you than it does about me. And Iran is a different beast, that's the point. Even more hard-line leaders from the IRGC will come in and replace him and you can be sure as shit that they're going to instigate further military force in the region or even in the US ala 9/11, and that could be next week, next year or a decade from now. It's a fucking domino because dumbasses like Trump and Hegseth just want their USA! strongman moment. It's fucking pathetic. And about Afghanistan? Crickets. Lmao.

jonnyphotos

Bombing primary schools .. yay USA..

Striking_Stand8271

False, the narrative has run out of steam now. USA has crypto president, wall st has crypto etfs, the institutional demand and retail access is there. There's no hype left. It deflates

SKYLINEBOY2002UK

well maybe the USA folk will have to sell their guns! oh noooo, the horror!

point2mind

Fuck the USA

cryptodizzle67

I think it is relevant. We are talking about going onto a platform and betting that tomorrow the USA bombs Yemen for example and if you are right, you get paid out. Investing into a stock portfolio even in weapon companies isn't betting on an event that a bomb drops tomorrow on a specific country. Nor does it mean that you actively 100% benefit from that action if it happens.

Affectionate_Lack709

Lots of people do lots of immoral things all the time. I tend not to call others out on what I perceive as their own immorality because morality is subjective. What is moral to me may be immoral to someone else. In this particular case, I have no problem calling out what I believe to be immoral because A. You posted and asked about it. B. Betting on political events perverts the purpose of said political events. Politics is supposed to be about finding the best way forward for society, not personal gain. The current administration currently runs its policy off of personal gain. Pardon CZ so that he can invest a tremendous amount of money into World Liberty Financial. Set tariffs that will definitely be shot down by the Supreme Court so that Cantor Fitzgerald can buy up the tariff rebates. Bail out Argentina so that Scott Bessant’s hedge fund buddies don’t lose billions of dollars when Argentina defaults on their loans. Kash Patel using FBI resources to fly to his girl friend’s concerts or to Milan to watch/party with the USA men’s hockey team after they win the gold medal. Someone betting on polymarket or kalshi hours before the US launches its intervention in Venezuela and making hundreds of thousands of dollars off of it. Qui bono- who benefits? It should be the American people but it sure doesn’t feel like the American people are actually benefiting here. When the dust settles from this current intervention, mark my words, we’ll see that several people made massive amounts of money off of betting on this US intervention in Iran. Insider trading always benefits the insider the most.

dondondorito

… and the USA.

BacchusAndHamsa

pffft, solar subsidized in the USA too. No such thing as free

Mantis-Prawn

Are you suggesting that the world is bigger than USA ?

OutlandishnessLimp25

If you’re in the USA (excluding New York and Nevada) I recommend River. Their customer service is far superior (in my experience). They also provide proof of reserves. https://river.com/reserves Ultimately cold wallet is best, but I agree with the other comment on here, there certainly needs to be a comfort level of how to navigate the technology of cold wallets before jumping in. Additionally, in other posts people have mentioned how they lose their keys (like car keys) and wallet (like old school wallet with cash/credit cards) and they don’t trust themselves. So, if you’re one to lose things and not keep track of your own belongings, there is an argument to be made to just keep it on exchanges, but it better be a solid one. Coinbase is publicly traded, and I do believe they’re on the up and up but River has been more impressive and I’ve used both. River is bitcoin only—no shit coins. Which I appreciate, as I don’t mess with anything else but bitcoin. Last thing, if you send bitcoin anywhere, just remember you can always do a small test amount before sending larger amounts to ensure you know what you’re doing before sending any major amount of money. Good luck!

Forymanarysanar

\> Their fall won't be crypto-related, but the fact that they are an active sponsor of terrorism. I don't see fall of USA yet

kortobo

AMT is nothing like the proposed Dutch law. Unrealized gains are not taxed and have never been taxed by the IRS or any other jurisdiction in the USA. For a good reason- it's a stupid idea.

OutlandishnessLimp25

If you’re in the USA (excluding NY and Nevada) I recommend River. They’re a solid group with great customer service. They also provide proof of reserves. https://river.com/reserves

capello_snr_

Anyone in the USA Who has bill to pay to hit me up I can pay the bills for them. Whether its rent, car bills, Credit card and any other type of bill!! Hit me up Asap!

Fearless-Sherbert-40

I love Cash App but you gotta understand how it works. Like for example, the maximum withdrawal limit is $2k, so don’t keep more than $2k. I have found Cash App to be very fair and work with you, but there TOS are very strict and if you break them, you lose your account. Could you explain why your account was closed? They don’t just randomly take peoples money. My account was closed due to be out of the country and when I got back to the USA I had to reinstate my account and I didn’t lose my bitcoin, however it was frozen until the issue was resolved.

Oflameo

What does every millionaire in the USA have in common other than having 1 Mega USD and not having 1 BTC?

opinions-only

Crypto is the natural enemy of the USA.

Western-Source710

Economy in the USA is really bad right now? 🤣 What a joke, or lie..

Suibeam

The economy in the USA is really bad right now. People are losing jobs and prices are inflating. So they need money and have to liquidate Bitcoin at 50% in the red. Once they at away all their fiat savings they have to eat the Bitcoin savings. That's when the real catastrophe happens. 2026 just started

baIIern

That's just philosophy, man. Most of my Euros don't exist physically. It's all just numbers and code 🤷🏻‍♂️ It doesn't matter, as long as people believe that something has value. It's the same with our conception of "solid" material. Nothing is solid, it's energy. Nothing more than energy and strange particles which are energy too. Or take our countries as an example. There is no such thing as 'USA'. Only in our heads. Doesn't matter in real life. Anyway, it's still interesting to think about all this

user_name_checks_out

> One coin is not enough for even every millionaire in the USA to have a whole coin. One coin would not be enough even for two people to have a whole coin.

ckammerm

One coin is not enough for even every millionaire in the USA to have a whole coin. So there’s that

5150sick

Yes, many countries outright ban usury and many other should. This should be a no brainer to all western countries. The only reason we have 30% apr credit cards and 600% apr payday loads in because our government has allowed it. In the late 90's I used to do sales at a Gannett (USA Today) owned call center. We had a contract with Discover Platinum. The card had a $25,000 max limit and it had 12.99% apr. People would tell me that I was insane for asking for 13 %apr. It's 25 years later and 29.99% is the absolute norm. What happened??? I'm not in the above boat. I probably have 100x the savings of the average person simply because I'm not a materialistic fool. You'll notice the people in the most credit card debit usually have the nicest clothes, jewelry, vehicles, etc... The same people who send their (many) kids to school with Jordan's, $250 jeans, a $75 t-shirt, newest flagship phone with smartwatch and ear buds, etc... even though they live in a trap house on the most violent block in the worst neighborhood in town.

theincognito66

Roughly 35% of Americans have less than $1,000 in savings, and 34% have no savings. I just felt like mentioning the entire world to not have USA-centric bias

OrcOgi

Not everybody is from USA clowny. So yes dollar losing 20% matters. Also where on this clown is the new upside you claim shown?

Excellent_Dare6280

USA

OkBiscotti3221

true - even if gov tries to ban it so long as two people trade it for a dime it will have value. I think there may be scenarios where it 'could' be pretty wiped out - e.g. if quantum computers develop faster than we expect and BTC isnt quantum resistant by then - that would be game over (for many things!) another possibility is gov closing down exchanges - no legal on or off ramps in USA/EU would create havoc. the big worry isnt that it goes to 0 but that it just does a slow fall and sits in a low range for the next 10 years.

planetpluto3

The number of people I personally know who have 401ks and disposable income in the USA who still scoff at bitcoin is a way way way higher number than those who buy bitcoin. Post is dumb.

OrcOgi

Been here longer than 99.9% sold the top cause i believe cycle theory. Im 100% invested in europe currently. Gl eating sub 40k when USA opens on Iran and/or fucks midterms.

Full-Sound-6269

Not only that, but the world has changed so much since 2017, it's insane, look at USA, government is making money with insider trading, trading on their own decisions consequences, nobody gives a crap, dollar is losing value, China (and some other countries) is trying to dedollarize and bring back gold based currency. It's hard to predict where it's all going. In case USA will keep printing and devaluing their currency, and that will be in line with this admin's plan to bring manufacturing back to US, crypto could pump on that.

TheresNoSecondBest

Are you trying to say, you've never used it, despite hearing about it for this long? Here's how spending bitcoin IRL looks like: https://youtu.be/Tlhvnpi2ukA I'm using Bitcoin almost on a daily basis. Buying groceries, paying for meals, taxis, domains/hosting, VPN... Spend and replace is usually the name of the game so no, I'm not spending bitcoin while saving in cash. If you're thinking about spending some, here are my favorite directories: http://lightningnetworkstores.com/ https://btcmap.org - awesome map, you can even add your local vendors in, once you orangepill them. https://acceptlightning.com/list.html https://spend-sats.com/ https://spendabit.co/ https://directory.btcpayserver.org/ There's also an option of buying gift cards https://thebitcoincompany.com/ https://bitrefill.com https://www.egifter.com/buy-gift-cards-with-bitcoin - this one's least fave because they use a shitty custodian for payments but are handy for a few cards. Spend and earn some sats back: https://foldapp.com - save up to 20% Starbucks, Uber, Target , whole foods , Dunkin https://www.lolli.com – save up to 30% by spending BTC anywhere but primarily USA stores https://satsback.com/stores-list - save up to 20% by spending BTC anywhere but primarily Europe stores.

loud1337

Krakens HQ is in Wyoming and when in USA you are using that entity.

spydrthrowaway

This. People should be getting multiple residencies and passports anyways. Opens up lots of doors. Especially when those old paths (USA, Canada, western Europe) just want to hound you for all your money.

oldnoob2024

It’s not. The prediction that it may be in a decade is more likely true today than it was in 2008 because many former allies are selling off treasury bonds to buy gold because they no longer trust USA.

fishykisss

And what happens, if if USA attacks Iran? 55k?

nitaai_nostrasifu

Travel across the border, open a bank in the USA. America gives zero fucks about aml and kyc.

counter_perspective

This fundamentally not true, and why nobody is speaking on this is quite odd. Here is a break down in Macro logic. 1. Iran conflict. This is a very big deal and effects all aspects of the global economy. 2. Inflation/USA economy. Not incredibly strong, better but back to firing on all cylinders. 3. Risk asset, I really don’t care and neither does the world on how much conviction you or anyone else has of bitcoin’s future. If the world believed it, you would see it rise with safe haven assets. Ie gold, silver. 4. This is not spoken about enough, when institutions got involved, they can and do trade billions daily. Up - Down. It doesn’t matter the house/market makers win. They make their profit regardless. It doesn’t actually need to hit 1m-10m per. They can make 1000x-10,000x that in between The long awaited rise. Case & point, every morning between 8 AM and 10am while btc chops. The traps of the day if you will are set. 5. Less important but whomever said the weekend doesn’t matter is not paying attention. USA Sunday. Asia trading time. The logic is very much here. I just think to many refuse to look at all available data

elbenya

Maybe it has to do with the Asian markets opening today, showing the digestion of the Friday bad news in USA

SpecialistMattress21

I purchased via a friend back in 2013 and when i cashed out, i just paid long term capitial gains tax on it. i never had an audit or anything, i think the irs (USA) just saw it and it was legit.

Quirky-Reveal-1669

I would never claim that America/USA is my ideal place. I am just looking for a place where responsible, freedom-loving, hard-working men are willing to pay a collective fee, for whatever needs to be collective - but not more than that. In the Netherlands, and frankly also in the EU, citizens are currently enslaved to sustain an ever growing government apparatus. The Dutch government has been the biggest employer in the Netherlands since years! The tax on unrealized gains purely comes from some government deficit on a spreadsheet. The government even acknowledges that this is not ideal, but they need it, in order to sustain THEMSELVES!

OutlandishnessLimp25

If you’re in the USA and not in Nevada or New York, I recommend River. (www.river.com) great team, awesome service. They also provide proof of reserves.

jwilson9029

what’s an app like that for USA ?

uncapchad

presume you are in the USA? chatgpt says: FIFO - If you've held some for over a year, selling using FIFO means those long-term holdings are sold first, potentially qualifying for lower long-term capital gains tax rates HIFO - The most expensive Bitcoin (highest cost basis) is sold first. This minimizes capital gains and is often optimal for tax efficiency, especially if some of your purchases were at much higher prices than current market value If you want to minimize gains, **HIFO** is generally best. To qualify for lower long-term capital gains rates, **FIFO** may be preferable Then it gets complicated: IRS allows FIFO and Specific Identification (which can include HIFO or LIFO)*. You cannot switch methods year-to-year without justification, and Specific Identification requires detailed records*. So in the case of Bitcoin, I guess you would need coin control and specify which UTXOs you'll be selling. It also says "you must document your choice **before the sale** and identify the UTXOs. You cannot wait until a price target is reached and then choose UTXOs retroactively. If you don’t specify beforehand, the IRS defaults to **FIFO**

hipdashopotamus

It's a metaphor for the USA as a whole lol

Consistent_Many_1858

Fuck USA for fucking up the world.

usedmattress85

I only buy ETFs (in Canada we had them waaaay before the USA) and it’s held within a Tax Free Savings Account so zero taxes paid.

sevoflurane666

I have more confidence in tether than the USA dollar At least tether is back by gold bonds and bitcoin

bitusher

1) https://learn.robosats.com/ https://www.youtube.com/watch?v=QISRoZxQaAs&list=PLigSCpZv02e8s-VBPGZ6XL5v925up0VBy 2) https://bisq.network/ https://www.youtube.com/watch?v=nU1s1Rk3no8 3) https://vexl.it (outside USA) 4) https://hodlhodl.com (outside USA) https://www.youtube.com/watch?v=epLslPQC-EA are popular If using a DEX like bisq or robosats you will need to have a small amount of btc to get started though https://bisq.wiki/Getting_your_first_BTC Bisq 2 allows you to buy without a security deposit : https://www.youtube.com/watch?v=BUoiUSUkMGw

KateR_H0l1day

So, now we are across the board at 10% tariffs, which previously caused large swings in, but this time it’s basically nothing at all. The one thing we can be sure of though, while we’ve seen notable price increases in most things, this tariff reduction will not cause prices to reduce for us, the consumers in the USA. I’m betting that the corporations/importers are rubbing their hands right now, higher profits on the way.