#bitcoin
Cold storage when?
At what amount of Bitcoin should I consider investing in a cold storage wallet, and which ones are the safest? I have heard some alarming
At what amount of Bitcoin should I consider investing in a cold storage wallet, and which ones are the safest? I have heard some alarming
I’m trying to understand why I should use a third-party service such as Cash App or Coinbase to purchase cryptocurrency, and then transfer it to
Adderall and edible are two very different substances, and it’s important to understand the differences between them. Adderall is a stimulant medication used to treat
I got into btc to earn some yield. Then I learned how money really works, now I only hold enough fiat to pay for expenses.
None of your business
Greed.
I stayed because i became a closet anarchist.
Because I understood fractional reserve banking, money devaluation through inflation, and how the money supply is manipulated, and saw this as an escape from that system.
At first it was get rich. Not saying that’s not my motivation now but fuck the old system.
All fiat money in the world is controlled by selected few private corporations disguissed as “federal” offices. Feds control the money printer.
Freedom 🚀
Early 2021. Wanted to buy some gold. Realized I could get it cheaper w crypto. Now I don’t own any gold.
Freedom to pay who I like without having to answer to anyone before I do.
[removed]
Freedom from parasitic and corrupt fiat debt slavery bankers.
I read a book and wanted to endorse the concepts by participating in bitcoin ownership.
It reached an all time high after growing to billions of dollars and falling over 80%. When bubbles pop, they don’t come back bigger a few years later. Therefore, it’s a growing asset class. (I started going in big a year later after hearing Saylor and Saife conversations with Lex.)
To buy weed, I have been buying my weed off the internet nor nearly 2 decades, to say that the silk road was revolutionary is an understatement.
I saw kids were getting rich so why not me? The news in 2017 were like 5th graders were buying gear. Getting money. Buying better gear. Getting more money. Getting better gear. Rinse repeat.
For the chicks.
I got into Bitcoin, because I saw it as the only option for me to ever retire, if it goes where we all think will go. Have 10 more years to my sixties so Im holding for 7 figures.
I don’t own bitcoin, but if I did, the reason would be principle.
Self-ownership.
I remember reading bitcoin was twice as expensive in Zimbabwe as it was in the west, even in terms of the dollar price. That made no sense for me cause why could they not just do bank transfers and buy it from another country?
And then I fell into the rabbit hole.
Getting rich obviously, not gonna lie. And self custody, economic freedom, frontierless wealth. Everything about bitcoin is perfect i would be buying Even if profit cealing wasnt so high
Truly fair and open-source monetary protocol where the rules are completely transparent to everyone and everyone plays by the same rules.
Had zero idea about anything, just bought some. Then I started reading….
Why did you get into Bitcoin?
PayPal and WU kept freezing my funds in my 2011 script kiddie days, the day I started accepting btc for services was the day I found true financial freedom away from the traditional system.
Ron Paul
After I listened Breedlove and Vallis on Peterson podcast I was sold for life.
Because fuck the government. Hell, fuck all the governments
because why should you need a credit/debit card to buy things online?
I started using bitcoin as a easy way to purchase things.
Fear
I got into Bitcoin because I wanted to “get rich quick.” I’m a car enthusiast, and my goal at the time was to DCA, sell at “the next peak,” and get a Tesla Model S P100.
Well, some time has passed and I’ve reevaluated my choices… Both in terms of my dream car, and my goals with Bitcoin. 😉 Now, I _would_ still like to use my Bitcoin to help me get a Cadillac CT4-V Blackwing, but I intend to hold it and let it accumulate value for a longer period of time than “the next peak.”
Wood prices went up really quickly after the government printed a bunch of money and I started freaking out about “what is money?”
To escape the inflation of FIAT money and make profit.
A bank teller disrespected me.
short answer: because it made sense
A YouTuber made me research it. The Bitcoin Standard made me buy it.
Michael Saylor
The FTX scandal is what started the journey down the rabbit hole
I started hobby mining but didn’t like holding random shit coins so I converted all my earnings to BTC
Was already into Linux. Downloaded a core and peeked inside. Sold instantly. Privacy, Control, Decentralized.