Daily Discussion – July 25, 2021 (GMT+0)

Welcome to the Daily Discussion. Please read the disclaimer, guidelines, and rules before participating. Disclaimer: Though karma rules still apply, moderation is less stringent on this thread than on the rest of the sub. Therefore, consider all information posted here with several liberal heaps of salt, and always cross check Read more…

PSA: Do not trust a “used” or second-hand hardware wallet (e.g. from eBay or Etsy or Craigslist or Amazon or your neighbor’s cousin). Only trust hardware wallets in their original packaging, purchased directly from the manufacturer (like Trezor or Ledger).

The whole point of the hardware wallet is to keep your crypto safe from malicious third parties. Buying a used, potentially compromised device completely defeats this purpose. A coworker of mine just fell victim, and lost all his crypto after buying a used hardware wallet. He thought he was being Read more…

Answered: If the goal of Bitcoin is to replace fiat money, but Bitcoin is expected to increase in value in the long term, wouldn’t it be prohibitive to use Bitcoin for paying for things?

This question was posted in r/bitcoin by u/madferret96. I’d like to answer the question here since this is a fairly common and important subject of discussion. How can a good store of value (SoV) also be a good medium of exchange (MoE) and unit of account (UoA)? Seems too perfect, Read more…

Before taking advice on this sub; remember the average user only has $500 on the line

https://www.reddit.com/r/CryptoCurrency/comments/mktalq/whats_the_average_holdings_of_a_rcryptocurrency/?utm_medium=android_app&utm_source=share I’ve seen several posts calling for “Buy the dip” and DCA since the B Word conference pump started These posts only increase when the chart is green not red. Usually with no TA or FA backed advice just “I timed the bottom; up X%.” It works trust me I Read more…

I present you the highest denomination banknote in circulation in the world (AFAIK), the 1,000,000 Bolivares bill! When released months ago was worth 0.52 USD now sits confortably at 0.25 USD!

Hi, Venezuelan living here. Even when released months ago, it has been incredible hard to find this banknote. Three banknotes were released in March. 200,000 Bs., 500,000 Bs. and 1,000,000 Bs. The 200,000 and 500,000 Bs. easy to find. When they were announced (March 2021) exchange rate was 1 USD Read more…