Viewing profile — pinkybanana

People in invest in crypto because the gains have been ridiculously good. However some people have lost their money because of bad security or scams. You can mentally it like, you …

There have been plenty of news articles about these people. For example in Scandinavia top tax payers are published yearly, there have been some crypto investors who have made it t…

> It's pretty crazy the number of people who bought Bitcoin/crypto at such an early stage (e.g spending >$1000 on something nearly worthless and very obscure) yet are very bad at t…

> I understand that often, we think something new will solve all our problems New things fix some old problems, but also introduce new ones that we hadn't before. The value of solv…

However crypto has made lots of people millionaires and that kind of hippie stuff doesn't. It is not like reinventing old institutions, Bitcoin has features that central banking ba…

It would be good way to avoid taxes, as you can write it as a loss and then go enjoy your BTC stash to some other country tax-free. The problem is though that the BTC will still be…

There are already Bitcoin ETFs and other stock-market tradable products in many jurisdictions (not US though). These are very straightforward for casual user, I don't see how it wo…

What has really helped me to relax with my crypto holdings was reading couple of cancer stories. Basically as how nature is, cancer can come any time and take anyones life away. Ju…

> Keeping your coins in a self-hosted wallet is like handling millions in physical cash or precious metals. Definitely not. I'm sure that for someone who has middle-level skills at…

There are lots of custodians with different storage models. If you have account at some reputable service, good password and 2FA set up (non-mobile) then I think accidents are alwa…

The people have been always there, it is just that now they have the tools. I personally have no problem, bitcoin should be for adults who can manage their own risks. You can alway…

> (Or there are externalities: techies will work for less money if you let them work on space travel.) I guess the salaries are about the same in companies like SpaceX etc, but I w…

> that aren't doing anything actually useful (finance, fintech, adtech)*. Cut that crap. Most of the companies in these spaces are value-adding services and products. It is annoyin…

Dude, to me it sounds like you are missing the point of music, which is that there isn't a point. It is just to experiment and do whatever feels good for you, which can be quite di…

> Why should you expect different treatment from Google than Twitter et al.? Well, because you aren't twitter. Expecting google to treat indie dev the same as multibillion dollar c…

Bitcoin pretty much always works 100%. It is the fiat that often has problems. In this case the issue is that you can't deposit British Pounds to Binance. If you already converted …

> Why should the least well off in society be part of a crypto-coin whose supply has been given to early adopters and insiders? They shouldn't, what Bitcoin is enabling is the abil…

I wouldn't say BTC is fair, but it is clearly fairer. With PoS coins, it is clear that minting new coins will heavily centralize for exchanges and big holders. With BTC, miners are…

> However you want to look at it, this coin looks crappy from both sides. Unless you're a miner. Depends on what you are comparing to. For me, Bitcoin is easier to understand than …

Verisign going to be the next rocket stonk

> If you want a performant Linux phone, put some skin in the game. The reality is that this ain't going to happen. There will be never enough volunteer-based work to enable the lev…

> they don't expend much time investigating "small" crimes and their definition of small is surprisingly large to the average person. On the other crime types, for example drug rel…

So what. That guy helped the poor people, and helped himself even more. However on absolute terms, everyone involved is better off. If you are unhappy on how he did it, maybe you c…

Good luck storing and handling that pile of cash, I'll stay with my crypto hardware wallet.

The point of adopting BTC is generally to get wealthier. Merchants accept BTC to have more customers, more revenue and ultimately more profit. As I have witnessed it, there has bee…