USE

UniversalDarkMatter

Exactly he’ll go on to another website and keep scamming people! DON’T USE JUILOFXPRO.com Raising AWARENESS!

Impressive-Handle-69

PAY OFF DEBTS, DONT USE CREDIT, KEEP EVERYTHING 100% PAID OFF. Wish I could follow my own advice, but this damned economy....

TroopSupportArrived

Personally, I convert every extra $ of fiat not actively being used to BTC; because, fiat is guaranteed to lose value at a rate of 2-9% APR to inflation; whereas Since inception, BTC has consistently shown significant annual gains; and are projected to continue for decades to come. It is already outperforming gold and replacing it as leverage! I purchased my first $10K of BTC in 2021 during the retreat (on the way down) from the ATH of 62K. I made a rookie mistake; and bought too soon, at 35K. Then I had to watch my 10k disintegrate to less than 5k as the price fell all the way to 16K. But you never lose money unless or until you SELL! So I said a few curse words and threw my Ledger wallet into a drawer, and said, "Screw it; it'll be back in a couple years." So I let it just sit there; then 1 1/2 years later BTC resurged agained; my loss was restored, then my investment doubled in just 10 days as BTC hit its new ALT of 74K. Bitcoin should be considered a solid long term investment (with occasional ops for short term gains, for the experienced)) Remember, you do not actually lose money unless or until you sell. I had full confidence in BTC so DON'T SELL THE DIPS! (USE DIPS TO BUY MORE!) DON'T THINK IT IS TOO LATE TO GET INTO BTC NOW, EVEN AT $70-80k! MOST ANALYSTS PROJECT BTC PRICE BY END OF YEAR TO BE $100K OR MORE; AND LIKE LIKELY A 100% GAIN A YEAR FROM NOW! AND THE PRICE BY 2030!? UNBELIEVABLE. START NOW FOR YOU, YOUR CHILDREN AND GRANDCHILDREN!

MysteryLiezer

I live in NYC, where it is extremely popular to rent for 2x-3x the value of a typical MORTGAGE, and it's certainly not because these people can't afford a house just a couple miles East/West (in New Jersey, or Long Island). No; it's because certain people simply do not want to own a house. The only argument I see presented here is that "you're going to want to buy some bitcoin NOW before it becomes more expensive for you to buy LATER," but I believe OPs question is "why should I want to buy some AT ALL?" The truth of the matter is that most people in this sub believe that you want to buy now so that you can be on the opposite side of that later transaction, yet what they fail to realize is that, without sufficient utility, without people actually NEEDING TO USE IT for SPECIFIC USE CASES, there will be someone left holding the bag after everyone else has already made their profit...

EmpiricalRutabaga

DON'T EVER USE BLOCKCHAIN.COM They routinely and randomly steal funds from people. Use Electrum. It's not that fucking hard.

Stock-Error-5780

DCA. HOLD. When #USE ?

LargeSnorlax

This was already posted yesterday, don't know why it would be any different today. These idiots ran a mixing service, had government scrutiny and PUBLICLY POSTED THAT RUSSIAN OLIGARCHS AND CRIMINALS SHOULD USE THEIR SERVICE TO AVOID SANCTIONS. I don't think I can stress how stupid this is. This is like running a money laundering business and regularly retweeting branches of the FBI.

CalligrapherFalse511

Fuck it do it. Learn to live off bare minimum you will learn a lot and if anything become healthier and stronger. Quote by me “WE DONT KNOW WHY WE WANT WEALTH WE DONT KNOW, WE DONT KNOW WHEN TO USE IT BUT FOR PURCHASING POWER WILL FUCKING HAVE IT” i live off eggs milk meats seeds bananas thats it. Im so fkn strong and fit. Go get rich and realise how unhealthy you become. Getting rich is a side quest.

Zealousideal-Fan-698

Ok guys listen, I’ve thought about this for a whole 5min and I’m pretty excited about it. We as a subreddit write a btc bible, each person writes a paragraph then passes it on. Satoshi is actually a god alien from another solar system. We declare bitcoin a religion with tax exempt status and freedom of religion protections. EVERYONE AND THEIR MOTHER WILL SAVE AND USE BTC, BECAUSE IT WILL BE THE ONLY TAX EXEMPT FINANCIAL VEHICLE EVER Seriously think about this. Do we have a lawyer on this sub?

Sawgrass78

Ledger is closed source code..."software whose author owns all rights to use, modify, and copy it." They announced a "security feature" in which they could resurrect your seed phrase and get you access to your bitcoin again through the backdoor in the event you lose or damage your hardware wallet. The market rightly recoiled in horror and they tried to dial it back by saying that capability doesn't exist, they were just proposing it as an idea. They also suffered a company breach in which their customer base's personal data was hacked (name, address, etc). Buy a coldcard or blockstream jade (BTC only, open source code). GENERATE A NEW SEED PHRASE. DO NOT USE YOUR LEDGER SEED PHRASE. Then transfer your bitcoin to the new wallet. You will sleep easier.

Tifoso89

>Why would I ever trade sats for venezuelan, zimbabwean, Lebanese fiat? Or USD for that matter? It's an inferior form of money that gets inflated away. You don't understand how currency works. Currency is supposed to have inflation. You're supposed to USE currency to buy stuff, not hold it to sell for a profit. Currency is not an asset. 

OwnPersonalSatan

You cannot fathom because you cannot understand what it’s like to be born in a time, where you are so intelligent, that you are literally smarter then world governments. Above all else bitcoin is a weapon, put in place so we could defend ourselves from the overlords who try to rule us, I do not believe that those bitcoins will be touched as they are the treasury for the weapon, until after this Great War, because he understands the importance of what’s at stake. He doesn’t squander on personal greed, personal gain. His game is much bigger. His game is enriching an intelligent society, one that works, one that functions, one that heals, and one that loves. He invented the weapon not for his gain, but all of ours and he is the hero we need. Even if one day satoshi nakamato decides to USE that bitcoin (not sell), he would have every single right. You sell because you are weak, and greedy, 99.999% of us are. He will use when the time is right, and I sure as hell don’t think he’s going to be using as dump off for lumpy dumpy fucking fiat.

tannerjohngates

I used to by every week on CashApp from 2018-2021. Switched to Strike since. Both are good options for now. Here are some options ranked from best to worst IMO: * Strike * CashApp * River * Swan * Kraken * Coinbase * Gemini * Binance * Robinhood If it's not listed above, DON'T USE IT! Also, be sure you are using the correct site/s. Finally set up 2FA on every account with Authy and/or Google Authenticator. Never use SMS/text 2FA! Lastly, get a hardware wallet. Don't leave your coins on an exchange. The whole point of bitcoin is to be your own bank.

wordyoprettygood

JFC I hate the internet sometimes. God forbid I try to actually USE Bitcoin, you know? Find some utility for it instead of just hodling? I figured there might be someone interested in a house in the only place on the planet that actually embraces Bitcoin and is super lenient on taxing foreign investment and Bitcoin gains. People ARE still buying properties right now, despite the market, and I encourage anyone looking to buy a property anywhere to take the market into account and make sure the purchase you’re making is right for your circumstance. Clearly it’s not a good time for YOU. But that doesn’t mean that there aren’t people CURRENTLY looking to move to ES for whatever reason, and I don’t know? This might actually be a good deal for them. For christs sake you know NOTHING about the property or deal.

Admirable-Style4656

BitKey is easy to use for a tech-savvy Bitcoiner. It only has 1k downloads on GooglePlay and a stinking rating. The mix of hardware gadget and app is esoteric, convoluted and exactly the kind of blinkered thinking I refer to in my post. BITCOINERS DO NOT UNDERSTAND EASE OF USE.

bzzking

EVERY coin will be around in 20 years. The question is which ones will be in USE in 20 years!

jetylee

2 Homes / 9 Cars parked across those two homes. USE your BTC that’s what it was intended for.

Repulsive-Lake1753

Gala rewrote their contract and migrated all their coins to the new contract. Any holders had their balances matched with the same amount of the updated coin/contract. Coinbase didn't support the new coin. YOU TOO CAN USE GOOGLE.

EagleorWolf

NOW TO ARREST THE POLITICIANS THAT ALL I WWD HIM TO USE MONEY THE USA sent Ukraine and all the politicians that accepted pay out donations to let him break the LAWS!!

Bitcoin_To_The_Moon_

DON´T USE blockchain,com!

Suprem3NE

Don’t feel bad I got got for 4k on a cloud mining scam… they even sent me like $1200 back in ‘mined btc’ to convince me. It was a scam tho, smarthash I believe was the name- DO NOT USE

HarleyAverage

freebitco.in is a good place to start bitcoining. They accept Interac transfers for BTC. Start receiving a daily %4.08 APY interest with 30k sats in your wallet. Claim at least 3 sats every hour. Sending BTC is extremely cheap. [USE MY REFERRAL PLZ](https://freebitco.in/?r=53267051)

Boring-Abroad-2067

i WILL USE PHOTON TO GET onto the big wicks, maybe a $1 buy will wick up to $10,000 lol

Wuzimaru

How about we stop buying and selling but actually USE Bitcoin. Until it's actually being made useful it's value will remain speculative.

deten

Uff man, I am sorry you've let yourself be deceived. Try coins instead of letting salty people form your views on them. Solana is by far the most enjoyable crypto for me to USE.

ShillbaneOfSlavyansk

NATWEST works. I've been using them for months. I had the same problems. Open an account with Natwest and USE THEM. Kraken + Natwest is the way to go. Thank me later. Get your stack.

omniumoptimus

I don’t believe there were any outward signs. People will say things about the high interest and free things, but at the time, I warned people that returns aren’t free and was largely told to shut up (“spreading fud”)—but even those things didn’t point to imminent collapse. The problems these exchanges had were internal and invisible to the public. So, for instance, FTX would use customer funds but back debts with their own coins (I think they were called FTT). Again, this looks problematic now, but no one really said anything before the collapse. ALL EXCHANGES USE CUSTOMER FUNDS. That’s how crypto exchanges work. Essentially, you send your tokens to the exchange’s wallet, and the exchange credits you by changing some digital numbers in your account—but that crypto is no longer held by you. This is why all exchanges say, in their terms of use, that, in bankruptcy, you may not have access to your crypto (because it is not your crypto, but instead an asset of the exchange). All exchanges are fine to use. Put your crypto in, do your trades, then move your crypto out. That minimizes risk for everyone, even the exchange, since they’ll see they can’t rely on your crypto for funding other services.

castorfromtheva

EXODUS IS CLOSED SOURCE, DON'T USE THIS SHIT. Dunno how often this has to be shouted out again and again!

pin00ch

Exactly.u don't sell it. If you do then tax bill is coming...you USE it. it's the money of the future. I just can't wait for shops etc to start accepting it

dlino

I don't like the fact that its not as easy to use as a smartphone. Everyone owns one, even old people. Bitcoin is not this acessible yet. You need to have some "computer" skills to buy, store, sell, or USE bitcoin. If any company can "fix" this, Bitcoin/Crypto overall will become mainstream.

DangerHighVoltage111

About the use case I'd like to quote u/RodLuis995 >In my country, Venezuela, many merchants do not have the ability to dedicate a device specifically to be a point of sale with crypto (like for the BCH Register app, which I really like), but they can print a QR (and write to it via a WhatsApp message to the business owner, employee in charge of crypto or manager, to verify if the payment has arrived - This is already done for other payment methods such as Binance or Zelle -). > >That QR can be a unique address, which exposes the merchant's history, or it can be an RPA, and hopefully at a certain point it can be a private and reusable address, recognizable by ALL WALLETS although not all wallets manage RPA wallets 🎉🎉🎉🎉 > >Thanks to the guys at EC for working on this, and maybe RPA will be an EASY-TO-USE solution that greatly enhances BCH.

vorpalglorp

XRP doesn't have any utility. No one needs it for anything. There is no demand to actually USE it. It just sits on exchanges and the company, Ripple, does not require it in any of it's business deals. It's essentially a meme coin related to the hype around Ripple but there is no direct demand for XRP, just correlated hype over excitement about "big deals" that Ripple allegedly makes. The fact is that Ripple has never actually made any "big deals" with anyone and most of the hype is driven by what are essentially crypto cultists that remind me of those scammy Indian Yoga cults from the 90s.

ztrz55

Basically just buying at regular intervals. Many have bought at the very top. Then they kept buying all the way down to the bottom. Their average price they bought at ended up being lower then as it went much higher they kept buying and were in great profit. Basically just always buy and if it keeps going up over time, you'll always be profitable. Just relax and don't throw all of your money into it at once. Now if it's me, I would try to time things some. That's where I would use my own judgment over just dollar cost averaging. Technically now it's gone up a lot and is due for a longer sustained pullback BUT things are very different now with the ETFs. If I'm in your shoes and could give advice to my past self, I'd say to just go ahead and throw a bunch of money in it and don't even look at it. Just go out and make a bunch more money and just keep putting money in. Also get a coldcard hardware wallet and some kind of metal backup device. Learn how to USE bitcoin. Play with small amounts you don't care about. I remember when it was 100 dollars. That's when I initially got in. I went around and told all my friends and family to get in that it was going much higher. Few listened but the REAL problem is I DIDN'T LISTEN TO MYSELF. Why oh why didn't I buy a ton more. Why didn't I just work my butt off and put a ton more in bitcoin and keep putting it in. Anyhow, when hasn't been a good time to buy bitcoin in the long run. The answer is never. So my advice, relax and always buy. Just have fun maybe buying more when you think the price is discounted. Learn how the price ebbs and flows over time but mainly just relax and keep buying over time.

islanda_1973

Start on coinbase, but watch a lot of youtube tutorial videos on how to use coinbase. And USE 2FA AUTENTICATION

reddity-mcredditface

USE PARAGRAPHS. Is that a better way?

prfcted

pls USE LOG

FreedomGoUp_Maxi

BTC is the profit. USE BTC to buy things and save the rest

6M66

It's stupid. L2s ARE NOT EVEN AVAILABLE IN EXCHANGES I USE . Damn ,I don't feel comfortable moving that.

Binary-Miner

If it actually starts being used as a global currency, I 100% think it could, that’s only 3x the market cap of gold. But to play devil’s advocate, we’re 15 years into the crypto movement and there’s still NOT A SINGLE REAL WORLD USE CASE that’s actually happening for a single cryptocurrency, including Bitcoin. Sure there are a million potential use cases, but zero are being used at any form of scale outside of crypto degens taking each others money. Even the Bitcoin “store of value” model is totally contrary to how it was designed to use, because it will cause the BTC security model to completely fail once the block rewards are over and miners are relying 100% on fees to cover the bills. Will need a large volume of Bitcoin moving on a daily basis for the fees to be enough to justify miners securing the network, and 70% of holders holding it in a cold wallet doesn’t cut it

onebtcisonebtc

There are still people that say bitcoiners will never USE Bitcoin... When it's time we use.

SadGuru-

**WHAT IS BITCOIN -** https://youtu.be/IQHLpdWvyK4?si=TlPHlAR69AaJ9qDB In simple terms - https://youtu.be/41JCpzvnn_0?si=xf6OKidct1gx47iU **BITCOIN MINING -** https://youtu.be/BODyqM-V71E?si=pICeVFnLQ8NB1FDS **BITCOIN HALVING -** https://youtu.be/Ye9ckbN_lqc?si=T1V3w0FjdD_XbAox https://youtu.be/rT3szqSykVU?si=KYRvRAmiOw29YOsu https://youtu.be/OVCIhBEqgNE?si=BM3KXb425vZcnOAl **WHY BITCOIN AND WHY NOT ALTCOINS -** https://youtu.be/dO486Gfw9ds?si=CnMO6QVMHukuyGZV **NOT YOUR KEYS, NOT YOUR SATS -** https://youtu.be/opCOevmJAko?si=639clpoZ5EZTpPtf **HOW TO SELF CUSTODY -** https://youtu.be/z3n1uZrNvXo?si=_hJnOWFwQMuOu89K **STORE AND USE BITCOIN -** https://youtube.com/playlist?list=PLPQwGV1aLnTtAmzmz6uVE0kTKXtaGX1zY&si=J4hbumJ1uWWwkNwQ **BITCOIN TRANSACTION FEES -** https://youtu.be/GN6PmCqFikw?si=DQomg4JmDvPBt6Xw **CAN BITCOIN BE HACKED/BANNED -** https://youtu.be/AdqGXeCmit4?si=7P3e6xxN7SvLAPim **51% ATTACK -** https://youtu.be/ncPyMUfNyVM?si=cYz22NYhmh5JykY5 **OTHER RESOURCES -** https://youtu.be/5JDrK7sP3gA?si=yZ6OU5hhK4yf7Fer https://youtu.be/MMPxSdT013M?si=7DXQA5T2Cy0dbJ6p https://youtu.be/_0NOJhTy4MQ?si=s5sfLQUuCo7b9Ghe https://youtu.be/Vfq7LNDCdNQ?si=aq5Vn7Gu0zoD-qk6 https://cointelegraph.com/news/bitcoin-only-buy-and-hold-investment-strategy-outperforms-altcoins-over-the-long-term-analysis-shows https://blockworks.co/news/can-blockchains-beat-bitcoin-security https://bitcoin.org/bitcoin.pdf The Bitcoin Standard: The Decentralized Alternative to Central Banking (Book)

Nossa30

Its hard to see now, but that molly is what helped propel bitcoin to the heights that it is now. People need to USE bitcoin for it to have some value.

Prudent_Travel7655

Just someone that reads and listens. I bought in at $57 k in 2021. Dropped my heart and balls when it tumbled… said fuck it I’m not taking that lose. Now I’m finally back in the positive. A lot has changed since then with the 11 new etf’s, companies like fidelity buying 1% of bitcoin on their Ira’s and retirement accounts also not positive but even the mutual funds. You have multiple countries now using Bitcoin as the currency. I read something about 24 countries that bought in are now in a positive cash flow helping them to stabilize and use towards its people. Been trying to pull my stocks in Charles swab. Don’t want to give it. Down 60% since Biden’s came into office. Besides the halving coming up I also think who becomes president will either push this or if it this guy might try to cap it. As people pull from stocks and the banking institutions. These rich companies that have no impunity will start to collapse. Some other examples I would like to say about banks. The bank would not let me use my money that I deposited. I had pulled my money out when the bank collapse was about to happen. After I put it back into my bank after a year. I had it buried in my back yard. It took 6 months for them to let me use my money. Even though they saw what I withdraws every month. Which totaled the deposit I put in. Kirtland FCU. The US Bank wouldn’t take the money as I was trying to by a house. The bank then told me I couldn’t wire my money over to the mortgage department because it was not going to a closing company. I told them it’s going to us bank mortgage!!! No good….. then us bank said they would only except 99,999.99 at a time. Even though I had the money. It took them 6 months to finally except the money… meanwhile I was being charged at a higher mortgage rate about $560 a month until the finally excepted all the cash I had in the bank. LET ME TELL YOU WHAT WHO THE FUCK ARE YOU TO TELL ME WHERE AND HOW MUCH I CAN USE MY MONEY MY MONEY!!!! And where or who I can send

EducationShot9839

If you are in the process of deciding, can’t decide, want to wait for whatever reason… and hold coins at an exchange like (Coinbase): This is mainly for Coinbase as I am familiar with that: better to hold the crypto there in a safe manner than not. Turn on 2FA using an authenictor app or better Security key like yubikey. DO NOT USE SMS! It can be easily hacked (sim swap or you getting into a scam). Next, do the same on your email accounts!! Lastly, get familiar with their Vault and exchange test amounts to know the process/timeline. Then move all of your crypto from the regular account at Coinbase to their vault. In the event your account or email gets compromised, first off all the 2FA will make it harder. Even harder for you to fall victim and handover it to someone. Secondly, if the attacker tries to withdraw they’ll be locked for 2 days and you need both primary and secondary email to approve it. Those 2 days help you contact CB and lock you account + stop this transfer. But ideally get better and understanding HW crypto wallets like ColdCard, use single sig and start owning your coins. Multi sig and other options are great but easy to fail and lose your coins if you are new.

TelephoneSalt3361

Happened to my Coinbase account. DO NOT USE SMS 2FA. Phone text SMS is NOT secure.

Darkpriest667

Zero, I plan on buying more and holding. When BTC is !M a coin I will probably USE BTC for transactions going forward.

smors

Then you have a graphical representation of a rifle. You still cannot USE it in the game, for that there would need to be some software that tags along describing what it can do. Once that works, every semblance of balance in the game has then gone.

SearchForGrey

That makes sense - thanks for the clarification. And USE THE ROTH if you can. No taxes upon withdrawal of any gains.

KaiSosceles

2016: Apple is going to use blockchain tech! 2020: Amazon is going to use blockchain tech! 2024: THE US GOVT IS GOING TO USE BLOCKCHAIN TECH! Laser eyes blasting through hopium smoke.

shlappadebass

Okay boomer... 😒 The traditional ways of saving money don't work as well as people tend to nowadays due just the sheer insanity of inflation. Where you government can decide to print more money arbitrarily, and even worse, charge you more money for using money (ie: taxes). Every dollar you earn is less than what it was previously, and it's only getting worse. Yes, you should pay off debts as fast as you can to free up more of your income to invest down the line. I agree with being debt free in that regard... But in reality, it's far better to learn how to USE debt to acquire assets and then use assets to acquire wealth and new lines of credit. That's what the wealthy do because debt is TAX FREE. Buying crypto is becoming less and less novel as more people are learning about it, studying it and getting involved. Which is AWESOME. There's nothing wrong with stacking some solid coins while you pay off debt. If you can't manage your money well, it doesn't matter if you got $50 in the bank or $500 million. Just sayin.

Nullius_123

Golden Lesson: If you have more than a couple of months salary in crypto, you should have a hardware wallet and a clean computer that you ONLY USE FOR CRYPTO. For regular trading and day to day activities, just keep a small amount on Metamask or other hot wallet. Take security seriously! How many times must we read about these awful losses?

gr8ful4

#Another day. Another reason why to NOT USE CEX. **USE** DEX, P2P MARKETS & ATOMIC SWAPS.

humble_hodler

There’s so much bad advice in here, yikes! DO NOT USE OPENDIME/SATSCARD OR ANY HARDWARE DEVICE THAT WONT LET YOU BACKUP THE SEED as a standalone wallet! I don’t know of it’s possible to use those in a 1/2 multi-sig config, but that’d be the only way I’d trust those long term.

zrad603

What gives Bitcoin it's value is it's UTILITY. If you can't spend your Bitcoin, it's worthless. If people don't want to accept it as payment, it's worthless. If Bitcoin is that important to you, you should try to go out and spend it. Go to the store, offer to pay with Bitcoin. Go to a restaurant, offer to pay with Bitcoin. Go look for Bitcoin accepting businesses and USE your Bitcoin. (You can always buy more.) I had Bitcoin-rich friend who would go to a different restaurant every night, and when the check came, he would ask if they accept Bitcoin payments. He would even go ask the owner/manager. Then after he exhausted those options, he would ask the waiter/waitress that if they paid the tab in USD for them, he would give them double the amount in Bitcoin. (Basically a 100% tip) This got a lot of local businesses interested in accepting Bitcoin as payment.

SuppiluliumaKush

I've gotten well over 60k now in airdrops. Uniswap, dydx, arbitrum, mirror, 1inch, optimism and many more and I still think if you're smart and lucky you can find more airdrops. Right now I'm staking tia, osmo,atom,stars,whale and injective on leapfrog and I'm staking eth in swell, ether.fi (using vpn) and eigen layer. A few testsnets like satoshievm, bearchain,taiko and others and there's projects I've been farming for years hoping they do a drop like layer0, zksync, orbiter, starknet, scroll. Linea and Base are 2 layer2's on eth I'd definitely recommend bridging to and doing a few things on. Try galaxe quests and just also be careful as fk and USE BURNER WALLETS FOR MOST AIRDROPS!!!!!!

No-Elephant-Dies

Search engines. I understand one of the core mantras of this sub is **BOOKMARKS! USE BOOKMARKS!** However, we all have to use search engines at some point to do crypto stuff *(and get the official sites to bookmark ahem! ahem!)*. Hence my question, which is the safest search engine to use in cryptoing, especislly one that has no room for sponsored scam links topping the searches?

Ok-Climate-5726

Trust me! USE BLUEWALLET as a watch only wallet. And set up the jade AIRGAPPED QR

Main_Sergeant_40

USE WEBULL. It’s amazing

Part-Select

thousands of people make thousands of dollars a day off trading through TA. AI can't do everything yet. I work in an industry where I mainly use AI tools... we still have to USE and THINK about how to use AI tools, instead of AI tools doing all the work.

amazingfunksta

Anyone that starts a statement with "oh yeah! Well <supposed pedigree here>".. connections to one of the biggest institutional purchasers blah blah. Okay Mr. Internet rando 🤣. Maybe, maybe not. In an appeal to authority argument IMMEDIATELY makes me roll my eyes and become less enthusiastic to engage. I too have an advanced degree (PhD in Engineering), multiple publications, etc. BUT, all of that doesn't mean anything if what comes out of your mouth doesn't make any real world sense. The store of value without wealth debasement is only ONE of the many problems that Bitcoin was meant to address. It was first, and foremost, an uncensorable method of digital transaction that solved the double spend problem. It's meant to do BOTH... Deflationary asset that is able to be used with low fees and can be sent directly to anyone else in the world without an intermediary. One of the benefits of accepting crypto is that the retailer doesn't have to pay 3% credit transaction fees. Now, instead of the retailer paying tx fees, with BTC, the purchaser is paying 20 bucks if they want to buy a cup of coffee on layer one. So what are they doing? Looking at other options and saying "HEY, THIS LITECOIN THING COSTS LESS TO TX, LET'S USE IT INSTEAD". And.. think about it. Litecoin is ALSO limited in terms of its rate of production... And now, it's being used more than BTC.

HumanitiesEdge

&#x200B; Their points are all really bad. And based on false premises. Here's one they give. >For example, a select group of individuals known as “maintainers” are critical to the functioning of the $500 billion cryptocurrency. In an article in the Wall Street Journal, Paul Kiernan shed light on the five maintainers of the Bitcoin Core program that have the ability to make changes to the software code that helps keep the bitcoin network up-to-date.24 Like any software program, coders must patch and update bitcoin’s source code in order to protect it from cyberattacks and any lag in its usefulness. The article notes how important these five individuals are to the operation of the bitcoin network, stating “\[a\]t least once, the maintainers secretly patched a bug that bitcoin proponents say could have destroyed the Bitcoin is open source like the internet. Anyone can try to update the internets base layer. Good luck with that though. This comment alone just annoys the fuck out of me. Those people are doing that of their own free will. They think they know everything about bitcoin by citing wall street journal articles. For FUCKS SAKE. JUST GO USE THE CURRENCY YOURSELF AND YOU WOULD SEE HOW EASY IT WOULD BE TO AUDIT AND STOP ANY POTENTILA WASH TRADING. YOU WILL NEVER REGULATE THIS SPACE IF YOU DON'T FUCKING PARTICIPATE IN IT YOU FUCKING MORONS. FUCK. This entire letter is a roundabout way of saying "Why isn't this illegal, everyone that uses the network is a criminal and evil!" It's so pathetic. I'm so sick of of these organizations just dismissing something that's totally neutral and could actually help them bring some accountability to the markets. You can audit bitcoin 24/7! You can make these intitutions KYC their addresses with the US government and monitor them for wash trading 24/7 365. Just, what the fuck.

pituitary_monster

Darn, i cant never stress this enough. JUST USE BISQ. No bank will know you are buying crypto, nor your goverment nor a centralized kyc/aml exchange

Umpire_State_Bldg

Sorry. You're wrong. I **USE** Bitcoin to save for my retirement.

Busy-Succotash9701

I don’t think it would be nice to attack OP. Probably at some point 99% of the world never used email - “just like jeeze” WW3 seems “around the corner” WEIRD USE OF CAP LOCKS Wishing you a great 2024 and you gain a deeper understanding of BTC 🎉

dajohns1420

I use crypto all the time. I ordered several presents for Christmas with PirateChain from merchants listed on arrrmada.com. there is also barrrter which is similar to ebay, but for PirateChain. I use Monero at least once a month to pay for my VPN from Mullvad VPN. The best VPN out there by far. No email or personal info is needed at all, and you can pat with monero so the company holds no personal info whatsoever. They accept BTC, BCH, and XMR. XMR being the obvious best choice for purchasing privacy software. I also use Monero at least once a month to donate to antiwar.com. they do absolutely essential work in these days of neverending war. They accept several different coins, but I use monero. There are hundreds of merchants that accept monero, and I encourage everyone to support them. https://cryptwerk.com/pay-with/xmr/ I also buy a little bit of gold or silver every few months from APMEX. I usually use BCH or LTC for this because Bitcoin is obviously too expensive to use on a $100 order. These are just a few of the places where I spend my crypto. If you guys believe in competing against fiat as p2p digital currency, then the best thing you can do to help us succeed is to USE your crypto, not just HODL it. It's is not hard at all to use a UTXO coin like LTC, BCH, XMR, ARRR, ect, to make purchases. Go buy something with your crypto! Otherwise, we just created new things to speculate on. The financial establishment isn't afraid of speculative assets. They are afraid of sound money.

Tropic_Tsunder

Genius being measure relative to the human population doesnt make it a relative term. it is DEFINED relative to the entire population, but the TERM is used GRAMATICALLY as an ABSOLUTE. this is what you fundamentally do not understand. we define what qualifies as genius relative to the entire population. But we use the word grammatically as an absolute term. How we arrived at an absolute definition does not change that it is an absolute definition and it doesnt change how the word is applied in language. Lets take the word TALL as an example. society defines tall as someone who is above the average height. so TALL is defined relative to the average height of all people. But to call any one person tall or short and actually APPLY the word tall in conversation, you use tall as an absolute measure meaning "above the average height". a midget cannot properly claim someone who is 5'1 to be TALL, just because they are TALLER. TALLER is a relative term, TALL is an absolute term. even if we define TALL using a relative measure, we do not USE the word TALL in a relative sense. So op could say their friend is geniuser, but not a genius. and typically geniuser isnt a real word so you would say smarter or some other relative term. The second shortest person in the world isnt tall, they are simply taller than the shortest person. someone taller than you can still be short in the absolute sense. the second dumbest person in the world isnt smart, they are simply smarter than the dumbest person and can still be dumb in the absolute sense despite being smarter. and in that same logic, a person being smarter than you isnt a genius, they are simply smarter (genuiser). you are arguing the complete wrong point because you dont even understand this distinction. You are arguing that how you come up with a definition for a word, and how you use a word grammatically, are the same. which is actually so hilariously wrong i can barely wrap my head around what logical hoops your brain is jumping through to get there. we define genius relative to other people. we then use that definition to apply the word as an absolute term in language. how you decide on a rigid definition does not change the fact that it is a rigid definition. the fact that we used relative logic to decide where to draw the line, does not mean it isnt a rigid absolute line when used to communicate ideas. your arguments arent even arguing the correct subject lol.

dookiehowzerHD

USE is the key word. We USE ltc. It’s a maxi’s wet dream but they won’t fess up.

wooly_torch

I agree. Eth pisses me off but it's got Tether on the side lines and this dark sharding thing is supposedly going to lower transaction fees. I think the transaction fees are what have been holding it down this entire time. Imagine if the network wasn't so congested... IMAGINE. We could actually.... USE IT.

Dangerous-Comfort-39

LET’s WARN EVERYONE NOT TO USE NEWTON!

imlearninghowtodoit

LET’s WARN EVERYONE NOT TO USE NEWTON!

Aeolian_Harpy

If you USE THE MONEY to take care of your INFRASTRUCTURE and then the money goes...the infra dies and there is no electricity.

ucantbm

Again same shitty question. Its simple, NEVER USE LEDGER GOD JEEEEZ

TotesMessenger

I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit: - [/r/defi] [URGENT - Major Hack: DO NOT USE ANY DAPP \[r\/cc post, Ledger related\]](https://www.reddit.com/r/defi/comments/18i97wx/urgent_major_hack_do_not_use_any_dapp_rcc_post/) &nbsp;*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*

Feeling-Inside5147

DO NOT USE REVOKE CASH FOR NOW: https://twitter.com/RevokeCash/status/1735282669808717958?t=2pIzUkGhGLZgzVrzufhRqg&s=19

Visual-Savings6626

Revoke.cash is affected too. DO NOT USE ANY DAPP OR ANY WALLET!!!!

Mcnutter

I think the best thing would be to have a sign that says "FUCK CRYPTO GET THE FUCK OUT IF YOU USE CRYPTO CONVERT YOUR SHIT BEFORE YOU TRY TO BUY ANYTHING", thanks.

Michichael

Oh, fun! I had the same problem with my armory install. Absolute pain in the ass to debug/fix and lots of retrying. 's why I moved off of it. First off, yes, you'll need to get armory to run and connect online before you'll be able to do any transactions. So that's step one to fix. You'll need to have bitcoin core online and fully synchronized. Then, you'll need Armory to sync all of that metadata and index it. Finally, you'll be able to mount the wallet. None of this is worth the effort if the wallet doesn't have any coins in it - if you can, verify your wallets address and check for balance on the blockchain before putting in this effort. And, as usual, people will probably DM you offering to help. Do not accept help from random strangers on the internet unless you're feeling VERY lucky because you will almost certainly get scammed. I'd offer to help with my copy of armory (ironic given my last sentence) but I removed it once I was done with it, so it'll probably be faster for you to just get it working on your own system than for me to reinstall it and get it working. There's also no guarantee that this advice will be valid for the newer versions of armory and *MAKE SURE YOU ONLY USE THE REAL ONE - THERE'S FAKES!* To recap: * Check that there's a wallet with BTC worth this effort. * Make sure you have a copy of bitcoin core installed and fully synchronized. This will require at least 525GB of space. This'll take a while if you haven't been doing so. * Take note of where you have your folders for bitcoin core - specifically the blocks, chainstate, and database folders. E.g. for me it's at B:\bitcoin\ * Clear the armory database cache and files. Check its settings for where those are and make sure it's pointing at the bitcoin files. When you clear the cache/db and reset it, it'll rescan the bitcoin files to index the blockchain. For me, this process crashed out several times before completing - monitor the logs in %appdata%\Armory if you're on windows. If you're not, no clue where that might be. *log.txt - read each of them, look for errors about terminations or crashes or fail. dblog will be the most relevant one, but armorycpplog will also tell you if/when it fails. If it fails, you'll need to find the armory processes in task manager and kill them after you exit armory - they become zombies and restarting it won't work if you don't kill them. Alternatively, reboot. Good luck!

Fuzzyfoot12345

start selling portions of it to use to fund my retirement. At some point in my life I do intend to actually USE bitcoin to buy stuff lol

clue5tick

So what is the USE of Bitcoin, other than to get more $$. How do you think it would sustain itself if that were the case?

woywoy123

Advice: Reserve 100 Usd as the “mistake fund”. This will be used to teach you painful mistakes that could have been easily avoided. Some mistakes I can recommend trying: - Sending assets to the wrong address (happens more than you can fathom) - Sending assets back to sender address (btc specific) - Sending assets to a smart contract address. - Putting the private key of your wallet in plaintext on disk or cloud and put 10 usd on there. Simple example of what NOT to do. General Advice: - Avoid shit coins: Fomo is a very real thing, lock your assets up and make it very inconvenient to get out. - BUY 3 HARDWARE WALLET!!!!!!!!!!! 1. Wallet for permanent investment (long term lock up), 2. Wallet for play money (fomo will drain this wallet for sure), 3. Backup for 1. - Avoid holding assets on exchanges. - DONT USE EXCESSIVE LEVERAGE! - Prepare for a flood of scams attempting to sim swap attack you. - If you get a DM from a lovely lady trying to flirt with you, imagine it to be some fat lard trying to scam you via romance scams.

Expert-Jacket-2641

It was designed that way... is it happening? No..because people always quantify it in dollar value...they dont want to USE it until its dollars value peaks... or will it happen?

Rice-Fragrant

NEVER USE DEBT to get bitcoin… leveraged hands are paper hands.

GetEdgeful

everyone is aware that crypto isnt going anywhere. institutions are finally getting involved, thats all the reassurance you need. dollar cost average into crypto, not any alt coin garbage, only the big names (like bitcoin) and just wait, don't look at it, don't think about it, just slowly average in with extra income, NEVER BORROW MONEY TO BUY CRYPTO, DO NOT USE LEVERAGE. and you'll thank yourself.

Gorpachev

Nailed it. Most just hoard it as a speculative play. Unless people actually USE it, it will never be what it was supposed to be.

clue5tick

I'll stick with my original context until I hear one better. *Everything outside of this (on chain transfer) movement is a USE for Bitcoin, not a (protocol) function.*

clue5tick

Transferring from one address to another is the only thing that Bitcoin does! Everything outside of this movement, everything, is a USE for Bitcoin, not a Bitcoin function.

Hot_Recognition_9504

If it’s not directly from their website, DO NOT USE .

robeewankenobee

The USE has yet to catch up with the new tech, and crypto use in general is low during bear cycles. That's when development has to happen. But honestly, most of the top project owners made it clear, more or less, the most Charles Hoskinson, that Gen1 techs have nothing to compete against Gen3 and forward unless they simply upgrade ... now, Btc is one of the few chains left running on PoW , and that silly argument that after a few more halvings, there will be incentives left for the miners due to fees ... well, you see how 'nice' that's played out now, at the 4'th halving ... everyone is already complaining that they can't use it because of the fees, and it won't be used by the masses beyond buying it and 'saving' it on a personal wallet. Let's be honest here, Btc is and will be the front runner of crypto pioneering ... probably no one will use the chain as intended by Satoshi. He or 'they' also got some things wrong from the start ... not downplaying its importance, its monumental and historical breakthrough, Btc did what no singular financial company could do Because it is descentralised , but hoping that this Gen1 Tech will just be used irelevant of backdrops and shortcomings, it's a silly belief ... as we speak, there are Alts that are incredibly versatile, fast, and cheap directly on L1's, no L2's needed. We are slowly moving into the Alt coin era of crypto.

btc21million

Lol. Yeah, that confirms your missing reading comprehension. You must be a trailerpark Yank w/o any education. Let me spell it out for ya: I DON'T USE IT. Clear now?

Shazvox

This kind of mentality is counterproductive to Bitcoins longevity. We want people to USE bitcoin. Not be AFRAID of it.

oinkers1

This is the best thing cryptocurrency has produced thus far. My grand parents could use it. USE IT. Finally an answer to 'crypto huh, but what does it do?'

fairysquirt

the passphrase/mnemonic it directly used to derive the keypair index, stop swinging your dick around you sound like a literal moron, i'll block you soon if you don't take your head out of your ass or google or what ever. how can OP not mean the thing they LITERALLY SAID and is the MOST COMMON knowledge... that you don't give out your seed/mnemonic otherwise all your accounts are compromised. their account is compromised so they are letting us know to try rule out them just leaving their seed (or 'passphrase' as they call it) laying around online or IRL. so that we focus more on on-chain breaches of their single account as they feel its something of that nature though lack the technical skill to scour blocks and find out, hence they are here asking for help. also stop calling it a 'recovery phrase' it is a mnemonic seed, you CAN USE it for recovery and if you are using it a second time Metamask might call it that. but what it is, is a passphrase (while in mnemonic form) or a seed in alphanumeric form. I've brute forced every 12 word combination (unknown order) of 12 particular words from the bip39 word list, every single permutation to try and find my pubkey, if there was a match i'd have the privkey and know my mnemonic order for that account, it took about 5 days. The "passphrase" i.e mnemonic they are talking about... is 100% all of your accounts, your whole index is derived from it, hence how it gives you access back to any on chain balances you've stored on those addresses, because it can generate all the keypair (pub+priv keys). You're talking out your ass. Also what you should learn from what I just said... is... Use a 24 word mnemonic. Why would I describe to them a bunch of useless shit that has nothing to do with that they are talking about, you're off in lala land. You can call it a 'ReCoVeRy PhraSe' like a noob, and they can call it a Passphrase, both are right, but common terminology is Mnemonic/Seed.

Prahasaurus

Please friend. Just leave it. If you don't want to use Metamask (with a HW wallet, the ONLY way to use Metamask), then don't. Keep your money in a centralized exchange if you are more comfortable with that. But don't say Metamask is unsafe IF YOU USE IT CORRECTLY. It is.

WebexBlack

PARKING your money in bitcoin IS a dumb idea (even if you expect the halving to increase the price of bitcoin) because the idea is they want to use it and it be at least worth the same price guaranteed in a year. So you’re saying you see all those down trends before and after the halving and you want to advise this couple to use bitcoin as a savings account? Not one single responsible financial advisor even those extensively aware of and pro blockchain would advise that so I don’t see what’s wrong with their decision to avoid bitcoin🤷‍♂️. Maybe buy one bitcoin as an investment but don’t put your life savings YOU PLAN TO USE IN A YEAR in it, no fricking way ?

zippyzipperson

Do not use GBTC!!!! USE MSTR OR set up a Roth IRA with Swan or Unchained instead!!!!!!!!!!!

user_name_checks_out

What do you make of these tweets by Peter Wuille? 1) https://twitter.com/pwuille/status/1169440321932951552 > If you don't use your node for personal transactions, it has effectively no impact on the network. > > The network doesn't detect rogue nodes; it doesn't care what other nodes do. Full nodes only accept valid data; they'll ignore whatever rogue data others send. 2) https://twitter.com/pwuille/status/1030507006577102848 > Don't just run a full node. USE one. > > I know this advice is meant well, but it leads to nonsense like people running 1000 nodes on AWS and not looking at them. If they don't affect anyone's financials, they're just spinning rust. P.S: > countering the false (**blockchain war losing**) narrative That, for your info, is an ad hominem attack. I am happy to agree with a bcasher if they are right.

nevidljivoko

Why you think what world will change on new currency? China can easily become new US in the world, and Also BRIC... MAYBE THEY WILL USE JUAN

Rey_Mezcalero

Realistic though. Even would say the same if someone wanted to put emergency fund into a hot stock now. DO NOT USE EMERGENCY FUNDS FOR A GAMBLE There is no guarantee for any stock/crypto

WishWeHadStarships

In 2020 I bought a fat PC for 0.8 BTC. Now, more than 3 years later I sharpened my programming skills on that PC. Wrote multiple bots that I could easily run in parallel. Played and enjoyed games I would have never been able to play on my old laptop. Could give my old laptop away so someone who was less fortunate could find employment, etc… I started my own company behind that new computer. Met new people online, found new inspiration. Planned my vacations and so much more. Yes it cost me 0.8 BTC. In today’s value that is absurd amount of money for a computer. But the experiences and connections it brought me matter. Everything was part of a much greater plan I had no idea was playing itself out. Money that took me years to make I can make in months now. You spent a BTC on a PS4. Maybe you played with someone who is going to come up with a billion dollar business idea on a couple of years.. and they ask you to take a part. You never know what the effects are of the transaction you made back then! If anything you learnt a lot from your purchase and will continue ever learning. You helped solidify Bitcoin as well. If it wasn’t for people using BTC to buy stuff, what would the application be ? We are meant to USE it.

meditation4lifeee

Same as PI network if anyone wants to download it's for FREE you mine everyday. Maybe it will be worth something in the future USE MY REFERRAL FOR EXTRA BONUS: hiddenb