Curious to see opinions on Bitcoin
so with more of these crypto exchanges/brokers having issues, where do you buy and keep your bitcoin? Is Cash App the best place for it at the moment to purchase it? Seems they are by far the most stable.. sorry have edit maybe PayPal also?
For Bitcoin only
For buying I use:
For storing I use:
They have a basic free software wallet,
And as a subscriptions for a multi sig wallet.
I store mine in a hardwallet
@paulcerro Also your the one living in a fantasy world if you look at all the products being built in the crypto space, and think crypto is going to $0. As long as the fiat money system, central banks, traditional financial services, and governments keep fucking with peoples wealth, crypto and solutions like it, will always have real world value, and real customers using them.
@paulcerro I can see your point and I can see your view as well @hypescaleflow but let me say this - no crypto is ever replacing the US, Chinese or Euro currency. I do feel there is a place for crypto but just like stocks coming public via spac deals to avoid real look into their existence and are scams, most newer and smaller cryptos are scams and useless as well. Personally I am in the middle cause I think Bitcoin is a decent idea to invest in, but a real crypto currency should have one stable value for transfer say like each coin for use in the crypto world is a nickel US coin. That crypto should never change from the nickel peg. There is a future for a world currency like how some have established a stable coin. We need a stable crypto to be used. thanks for all the feedback and hope to interact more moving forward.
It literally solves a real world problem which is banks. It lets you securely store and send your money without a needing to trust an bank/government.
This is very useful if you don’t have a bank, or live in a country with a bad government that confiscates peoples wealth, or a country that has high inflation, which I think describes most countries.
But even if you live in the United States and trust your banks, Crypto still is valuable as it lets you transact on the internet without anyones permission or having to pay rent seeking fees from traditional financial companies.
Also you can get financial services like loans without going through the restrictions of traditional banks anywhere in the world , and decentralized derivatives platforms.
It’s not hard to image a future where people go to banks, get rejected for a service, and then they find that same service on a crypto app which instantly gives them that service for that hassle.
It’s hard to image a future where technology doesn’t disrupt and innovate on money and banking, and I think crypto is good bet on that so far.