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Coinbase Card Now Supports Apple Pay for Easy Spending of Cryptocurrency
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dId YoU MIsss OuT? arE yOu sTaYing pOOr?
Cmon buddy tell me your tips? Which 💩 coin shall I buy? I heard Cowcoin is the future of money.
The Cowcoin white paper is very interesting. It says…
‘Every Cowcoin is backed by 1 ton of beef. When the world becomes vegan because many cows die from a new disease called Cowvid then the value of every Cowcoin will go to the mooooooooon. Cows will become super rare and valuable.’
Let’s get in there. Together Cowcoin Bros will make mooolah. Cows together we are strong.
Wont and shouldn't happen the developer would also need to ask and every time he goes on twitter he ends up telling people to get out of it. I doubt he wants it to grow.
Just
Just buy coins with actual use cases ETH, ADA and Algo are pretty good bets also its speculative only buy after maxing IRA, 401K and you have an emergency fund. If I lost all my crypto and job today I would still eat and live for at least six months which allows me to hold without selling in down markets. Otherwise the money would just go to car parts and tech which is guaranteed to depreciate anyway.
It's not fake. Educate yourself about what crypto is and how it works.
CASH is used 100,000 times more than crypto. Shall we ban cash and banks?
Criminals who use crypto also use computers, smart phones and tablets for their crimes, shall we ban those too?
But my parents told me there’s no such thing as a free lunch, not to trust strangers and scammers with my money and don’t buy magic beans from a stranger in the street or on the internet.
But what do old people and boomers know? They never even beat Nazis or went to the moon.
I’m going all in on Cowcoin. I heard Elon is investing every cent Tesla earns.
Cows together we are strong.
Just let me know when you’re in too so I’ll know when to sell.
Uhhh….
Crypto is a software platform to transfer your cash from your account into someone else’s by converting cash into a token. Apple Pay, Android Pay, Visa etc also use a token to transfer.
You didn’t think it was actual money did you? LOL
That's not what Crypto is. It's not a software platform for transferring cash.
Cryptocurrency IS currency. It's money in a digital form.
All crypto is backed by cash at some point in it's creation--all if it.
If there is no liquidity there is no value, if there was no value, nobody would buy it.
Then there are other coins like Tether USD, USD Coin, and others that are pegged to the US Dollar.
Think of your debit or credit card. They're not cash, they're backed by cash.
If you're old enough, Beanie Babies and Garbage Pail Kids were currency too.
Well in that sense there would be no profits either unless you convert back to your home currency after the vacation. But yeah, that isn't taxed for an individual. But there are taxes on trading currencies as a business.
As long as we have low rates for long term capital gains on property (crypto), that's actually about as good as it gets as far as stuff that's taxed un the US
it really depends on the coin. They all start out with a high percentage transaction fee because the coin is worth so little and they need to make verification of the ledger worth the electricity. But then they have to transition to a different system once the coin has “stabilized”. ETH is trying to do that this fall because that cup of coffee would have cost you $150 in transaction fees a week or two ago before the correction.