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@NightmareOnElmStreeti have a Trezor wallet in the mail. I’m gonna quit messing with the shit coins and focus on stacking btc, eth and ltc. Prob stop contributing to vanguard for a bit and instead toss that $ in crypto. Going to treat it as any other investment and not contribute anything more than I can lose without impacting the way I can support myself and family.... and play the long game by HODLing

 

I think I’m done w Gemini tho and gonna go back to Binance. 

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13 minutes ago, KILZ FILLZ said:

I think PayPal moving into crypto is gonna be huge for people not already involved with it. I think eBay, Amazon and the like will adopt it soon too. .... then, to the moon!

 

Weird thing is, with Paypal, Robin Hood, etc. you don't actually own any crypto. You cant send it, or store it yourself, or deposit some of your own crypto into it.

 

You basically give them money and they hold it for you. I'm not sure why they're even involved with crypto to begin with or what use there is for Paypal. I'd be stoked if I could deposit some actual crypto into Paypal to spend.

 

Once Amazon is forced to adopt it, it's going to be R.I.P. USD.

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Cash app lets you buy, sell, send, and receive. It’s pretty cool. Amazon will be using their own currency if they can get away with it, they could buy Walmart in a few years or Home Depot yesterday and pay their employees in gift cards, but they are pretty much obliged to stay on the dollar for some years to come based on their property and tax subsidy agreements, the Fed had a hand in making the beast they knew it was better for them to prop up the leg of a dying brontosaurus than it was to build Jurassic park the right way, not to. Get ready for BezosBucks. Now watch this T. rex eat a goat.

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10 hours ago, where said:

Cash app lets you buy, sell, send, and receive. It’s pretty cool. Amazon will be using their own currency if they can get away with it, they could buy Walmart in a few years or Home Depot yesterday and pay their employees in gift cards, but they are pretty much obliged to stay on the dollar for some years to come based on their property and tax subsidy agreements, the Fed had a hand in making the beast they knew it was better for them to prop up the leg of a dying brontosaurus than it was to build Jurassic park the right way, not to. Get ready for BezosBucks. Now watch this T. rex eat a goat.

 

Didn't know cash app was so based, app already my phone, going to have to look into their rules on depositing like how much per year/transaction until it's 1099'd or reported to the feds.

 

I don't think there's any incentive for Amazon to accept anything but USD yet. Still fairly reliable, and easy because all the infrastructure and redundancies are already built in. Moving forward, if this inflation shit goes 2nd, or even 3rd world here in the U.S. and there's a monetary crisis, Amazon will be forced to adapt, or die. I mean they're already proven a reliable target for public scrutiny, look at how Trump fucked up the Postal Service's best chance at survival by forcing Amazon to start making it's own deliveries. Imagine what the far left will do, if they're given the chance. Bezos is hated, but very smart, and has successfully government proofed his empire in other areas fairly well.

 

We're leaving crypto adoption phase 0, and entering phase 1. Restrictions will become tighter, and tighter for anyone on a short leash as USD shitcoin is slowly, methodically debased in it's value to feed the beast. The same price control measures, and other strict economic constraints in place in economies like Argentina, Cuba etc. will make doing business on the books near impossible in some sectors. Like in most Socialist countries the black, and gray "off the books" markets will become crucial for your average person's survival, and prosperity. The world reserve currency status of the USD sits on thin ice, and is slowly bled out of it's integrity just to keep the beast breathing. The economically illiterate (by design) masses will be strung out as log as possible, and given increasingly worthless crumbs in exchange for their loyalty to the system.

Edited by Mercer
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14 hours ago, NightmareOnElmStreet said:

Shit is so crazy and there’s too much information for nOObs to process. I’m dead ass confused. I never wasn’t but it’s worse now. @mercer and @where tell a guy to put your stash into a wallet that gets hacked the next day. I think. Everyone’s saying pull that shit out in usd. Don’t do that. Now get it off exchange of you have over 2k because the god damned governments gonna rape you. Fahhhk!!!! @KILZ FILLZwhat are YOU doing breh...?!?

 

Don't want to leave you hanging, and had time to type, here goes:

 

Go to  https://www.exodus.io/download/ and download the exodus wallet now. Hands down the best designed, easiest to use wallet out there and the software is free to download and secure.

 

I recommend the desktop version if you want a platform to use a hardware wallet, (it's also availiable on iOS, Android)

 

Most important advice I can give:

 

If you set this Exodus up as a new wallet, write down the passphrase on a piece of paper, then take a permanent marker and write it someplace hidden on an Item you'd never throw away.

 

If you participated in the crypto giveaway thread I had in The Meeting at Jekyll Island group: The same 12 words you used setting up your Metamask will work. If you had coins in your Metamask/Jaxx wallet with that 12 word passphrase and didn't move them, they'll still be there.

 

Most importantly, never screen shot your 12 word passphrase, don't take a photo of it, don't ever type it, and don't ever have this combination of 12 words on your phone, or computer in any way and you're 100% safe unless someone has physical access to where you wrote them down, knows what they are, and knows how to do this shit. If you've made this mistake, just start over with a new wallet setup, and send your old coins to it once you get the receive addresses, make sure to send your ETH last.


 

 

 

Let's say you want an unhackable digital vault AKA Hardware wallet

 

Hardware wallets are physical devices that do the encryption onboard,. In theory you can use them even on compromised devices like a hacked phone, or computer and your funds stay safe. There are two main brands (both on amazon).

 

Keep your Bitcoins Secure with Trezor the Hardware Bitcoin Safe - GetdatGadget

 

TREZOR (above)  - The one me and @where recommend that works with Exodus.

 

LEDGER - Just as secure but not as user friendly as Exodus integration, their email list was also recently hacked.

 

At the very least I'd recommend having two of the same type of hardware wallets for "cold storage" long term where it's secure, one to use whenever you need to transfer funds, and one to keep as a backup so you won't have to wait for amazon to deliver a new one to access your funds if yours stops working, get's lost, destroyed etc.


 

Once you're ready for a Trezor here's a tutorial. It's literally just plug in and play.

 

 

 

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Damn yo. You guys with the fat loads of btc must be doing some celebration. Thanks @MercerI have a Trezor 1 wallet on the way. Won’t be here before the 4th but it’s coming. Curious on your thoughts with spending. Would you rather sell off eth or btc or does it matter? Also that Monero shit. What exchange can I buy that from and can it be stored on said wallet along with the rest??

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Today is Bitcoin's Birthday 11 years old.

 

image.thumb.png.894fb34282fe31533ece2ecda7390928.png

 

This is a cryptographic excerpt from bitcoins genesis block published January 3rd 2009. The genesis block is basically page number one, of an 11 year record containing every bitcoin transaction. This genesis block was the first block in bitcoin blockchain.

 

Before this 1st block, no bitcoins existed, so there were no bitcoin transactions to put into this block (outside of the block reward). So instead of containing a list of valid transactions, if contained the following message.

 

"The times 03/Jan/2009 Chancellor on Brink of Second Bailout"

 

The original bitcoin "whitepaper", a document written by Satoshi Nakimoto describing Bitcoin, first released on the cypherpunk mailing list. Cypherpunks were basically a movement of visionary crypto anarchists dating back to the 1980's. They knew before the internet was even a thing, that because of cryptography, people would be free to essentially communicate anything they wished, anonymously via the internet. They had no Idea at the time how correct they were.

 

Having this headline proved the block wasn't mined before the headline was released. and served a second purpose. ""Chancellor on Brink of Second Bailout" is a nod to why he invented Bitcoin in the first place. As an alternative to government fiat currency which is systematically debased of value.

 

 

Meanwhile the FED printer go brrr (with a turbo charger now), and the dollars purchasing power shrink in an effort to prop up stocks, bonds, and other state socialism for the rich programs while you get crumbs.

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