Bitcoin seizure
- Thread starter dealmaker
- Start date
Where did you pull this data from?
Perha
Thanks for the info!
If you're in your mid-30's, you should know how to install and use a phone app. Coinbase has an app and they hold the bitcoins for you and protect your crypto holdings with their infrastructure.
You can also use Gemini, Square, and now PayPal
[You don't put your money or bitcoins on a usb stick. You can have a local bitcoin wallet that can hold the private keys in order to sign the transactions and broadcast on the bitcoin network for transferring bitcoin from 1 address to another. Bitcoins are on the blockchain, distributed and decentralized public ledger. TL;DR, TMI, just use the app
If you remember the very first Bourne Identity movie where Jason had that capsule with LED showing his Swiss bank account, if it was a bitcoin private key, there's no need to go to the bank , he could travel to SE Asia and cash out what he needs, but he won't be able to get the gun and passports, though]
]
Thanks for the info!
The amount of millionaires is probably higher in Canada, for 2020. As the average home in the greater toronto area (GTA) is now 1.3 million dollars for a 1000 sq ft , 100 year old shack with a busted toilet.
Generation X has done well, granted they owned real estate in Canada. One of the most expensive worldwide.
!!!
https://www.cnet.com/news/drug-deal...after-landlord-accidentally-throws-codes-out/
and you thought you were just annoyed when you forgot your password? lmao. yeah. im wrong. buy bitcoin, buy bitcoin!!! then, it will be worth nothing once the riemann hypothesis is proven or quantum computing becomes viable. great idea
and you thought you were just annoyed when you forgot your password? lmao. yeah. im wrong. buy bitcoin, buy bitcoin!!! then, it will be worth nothing once the riemann hypothesis is proven or quantum computing becomes viable. great idea
many of these exchanges that 'hold it for you' have been hacked, shutdown, gone, poof, in an instant
Yes, I have heard of the exact same thing. Great point.
At least, dealing with futures and brokers, money is insured, feel more confident with that respect, in the event...
Yes hopefully you as well.
Looks like we are on our way to retest 20k! Congrats to anyone holding in here.
Yes and many exchanges have also tightened up their security and also pay back the stolen funds, and that's if you store your coins on an exchange. Not everything is all doom and gloom with an exchange. And most hackers have only hacked some of the accounts on an exchange, never all.
If you're in your mid-30's, you should know how to install and use a phone app. Coinbase has an app and they hold the bitcoins for you and protect your crypto holdings with their infrastructure.
You can also use Gemini, Square, and now PayPal
[You don't put your money or bitcoins on a usb stick. You can have a local bitcoin wallet that can hold the private keys in order to sign the transactions and broadcast on the bitcoin network for transferring bitcoin from 1 address to another. Bitcoins are on the blockchain, distributed and decentralized public ledger. TL;DR, TMI, just use the app
If you remember the very first Bourne Identity movie where Jason had that capsule with LED showing his Swiss bank account, if it was a bitcoin private key, there's no need to go to the bank , he could travel to SE Asia and cash out what he needs, but he won't be able to get the gun and passports, though]
Honestly, the most appealing part of bitcoin (where it is actually superior to gold and hard assets) is the transportability. You can effectively hide wealth under bitcoin by buying bitcoin and simply remembering the private key. Hope on a plane, leave the country, and withdraw the funds somewhere else. But if one of those companies hold your bitcoin, then you don't really own the bitcoin. If ordered by the government, all those companies above will hand over your bitcoin because they own the actual private keys to it. This is similar to holding physical gold vs. owning a gold ETF. I'm thinking that the best use case for bitcoin might be to eventually export wealth out of a country when facing wealth confiscation or to pass wealth to children and avoid inheritance taxes. The only problem is that you would have to buy bitcoin from a dealer, probably overseas, who will not reveal the private keys to the government. Although there's probably some other way to launder bitcoin. I should probably look into that.