Bitcoin currency of the future?

[SwamiLeoni]

There must be some kind of confusion here. When I say bitcoin i mean currency. I’m not saying bitcoin code lol my whole point is people can have their bitcoin currency stolen by hackers. It’s at risk everytime it is used. They also recommend not keeping all of your bitcoin in one wallet.

You need to do a better job of clarifying your position. Had you said “The people who buy / send / receive Bitcoin could be hacked” we all would have agreed with you. But it took you several responses to clarify what you were trying to say. That’s not our fault.

 

[xcvbn]

So you’re saying hackers were able to steal bitcoin. Gotcha. That’s exaclty what will make the stock drop like I said in my OP.

You have a very linear thought process. What is it that you do for work?

 

[Nik123]

Lol I already posted that same link

Your only argument was that bitcoin is “extremely unlikely” to be hacked. That doesn’t help your case much.

Surely you must be mildly retarded.

 

[Drenalin]

You need to do a better job of clarifying your position. Had you said “The people who buy / send / receive Bitcoin could be hacked” we all would have agreed with you. But it took you several responses to clarify what you were trying to say. That’s not our fault.

You didn’t assume my point was that people could lose their money?

 

[Drenalin]

You have a very linear thought process. What is it that you do for work?

I own & manage real estate. I invest in things that are real & cant be hacked. You wouldn't understand

 

[phisherman]

I own & manage real estate. I invest in things that are real & cant be hacked. You wouldn't understand

Where and how do you store your money?

 

[xcvbn]

I own & manage real estate. I invest in things that are real & cant be hacked. You wouldn't understand

Sure you do

 

[xcvbn]

Where and how do you store your wealth?

Under his mattress in pure cash, no doubt.

 

[SwamiLeoni]

You didn’t assume my point was that people could lose their money?

How could I? You referred to Bitcoin and not a person.

 

[phisherman]

Under his mattress in pure cash, no doubt.

Any other response and he will get wrecked in here with his hack argument.

 

[Drenalin]

Where and how do you store your money?

I have 2 separate bank accounts both insured by the FDIC

 

[SwamiLeoni]

This is hilarious and perfect timing. Read the first 4 responses.

 

[Drenalin]

When Walgreens , Joe’s Crab Shack & Steak & Shake pay their rent, they pay me lol

 

[xcvbn]

I have 2 separate bank accounts both insured by the FDIC

I have two separate crypto exchange accounts both insured by the FDIC.

 

[phisherman]

I have 2 separate bank accounts both insured by the FDIC

Do you invest in anything else? Like mutual funds, stocks, etc?

I mean if you don't then it would be understandable on your position on investments in general.

 

[xcvbn]

This is hilarious and perfect timing. Read the first 4 responses.

Dude is a nutcase but at least he forced Binance to publicly respond.

 

[Drenalin]

Do you invest in anything else? Like mutual funds, stocks, etc?

I mean if you don't then it would be understandable on your position on investments in general.

First off, what happened to me getting wrecked? Lol you wanted to tell me my money wasn’t any safer in the bank. I know you tried to go with that one. Who insures bitcoin? Anyone?

I have stock in Disney that I got as a gift like 16 years ago. And yeah I plan on investing more into stocks someday. I already told you I invest in real estate. Right now I’m saving my money to put 10% down on 60 apartments that I’m already managing. Real estate almost never loses value, unlike stocks.

This is all way off topic. If you want to switch this conversation into how to invest money, we can do that.

 

[Drenalin]

I have two separate crypto exchange accounts both insured by the FDIC.

Bitcoin? I doubt bitcoin is insured by the FDIC

 

[Reyesnuthugr]

First off, what happened to me getting wrecked? Lol you wanted to tell me my money wasn’t any safer in the bank. I know you tried to go with that one. Who insures bitcoin? Anyone?

I have stock in Disney that I got as a gift like 16 years ago. And yeah I plan on investing more into stocks someday. I already told you I invest in real estate. Right now I’m saving my money to put 10% down on 60 apartments that I’m already managing. Real estate almost never loses value, unlike stocks.

This is all way off topic. If you want to switch this conversation into how to invest money, we can do that.

You're comparing them as if they are supposed to be the same thing, or used for the same thing. They aren't, though.

Blockchain tech has mostly different set of new and powerful applications for the future, there is only small incidental overlap with regular money.

It has clear improvements to be smoothed out the way any emerging industry does, like computers during the 60's, internet in the 90's, etc.

 

[rj144]

First off, what happened to me getting wrecked? Lol you wanted to tell me my money wasn’t any safer in the bank. I know you tried to go with that one. Who insures bitcoin? Anyone?

I have stock in Disney that I got as a gift like 16 years ago. And yeah I plan on investing more into stocks someday. I already told you I invest in real estate. Right now I’m saving my money to put 10% down on 60 apartments that I’m already managing. Real estate almost never loses value, unlike stocks.

This is all way off topic. If you want to switch this conversation into how to invest money, we can do that.

You remember about 10 years ago, right?