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Re: Crypto wallets [Re: Flicker Shad] #7547441
04/03/22 10:34 AM
04/03/22 10:34 AM
Joined: Feb 2010
Posts: 19,691
pa
H
hippie Offline
trapper
hippie  Offline
trapper
H

Joined: Feb 2010
Posts: 19,691
pa
Don't you need dollars to buy it?

Re: Crypto wallets [Re: Flicker Shad] #7547443
04/03/22 10:35 AM
04/03/22 10:35 AM
Joined: Dec 2006
Posts: 41,592
Northern Maine
Bruce T Offline
trapper
Bruce T  Offline
trapper

Joined: Dec 2006
Posts: 41,592
Northern Maine
Originally Posted by Flicker Shad
Originally Posted by Bruce T
Just looked it up digital money.....sounds crazy to me

It's here and it's coming for all.

Not me


Nevada bound
Re: Crypto wallets [Re: hobbes] #7547445
04/03/22 10:35 AM
04/03/22 10:35 AM
Joined: Aug 2021
Posts: 1,473
Over there.
F
Flicker Shad Offline OP
trapper
Flicker Shad  Offline OP
trapper
F

Joined: Aug 2021
Posts: 1,473
Over there.
Originally Posted by hobbes
I thought one of the most appealing things about crypto was that it's so hard for the governments to track transactions made with it?

It uses blockchain which stores information, so it is trackable.

Re: Crypto wallets [Re: hippie] #7547447
04/03/22 10:36 AM
04/03/22 10:36 AM
Joined: Aug 2021
Posts: 1,473
Over there.
F
Flicker Shad Offline OP
trapper
Flicker Shad  Offline OP
trapper
F

Joined: Aug 2021
Posts: 1,473
Over there.
Originally Posted by hippie
Don't you need dollars to buy it?

Yeah, the money in your account will be converted.

Re: Crypto wallets [Re: Flicker Shad] #7547449
04/03/22 10:36 AM
04/03/22 10:36 AM
Joined: Feb 2010
Posts: 19,691
pa
H
hippie Offline
trapper
hippie  Offline
trapper
H

Joined: Feb 2010
Posts: 19,691
pa
Me either Bruce. I don't even have a credit card in my name.

Re: Crypto wallets [Re: hobbes] #7547473
04/03/22 10:57 AM
04/03/22 10:57 AM
Joined: Dec 2006
Posts: 17,550
Rodney,Ohio
SNIPERBBB Offline
trapper
SNIPERBBB  Offline
trapper

Joined: Dec 2006
Posts: 17,550
Rodney,Ohio
Originally Posted by hobbes
Some of the people on the financial programming don't seem to be able to explain just what cryptocurrency is or why it has value. I have a few shares of Coinbase but it has gone nowhere and I'm glad I didn't buy more.

Can anyone come up with a simple definition for it? Will it speed the devaluation of the dollar?

Cryptos generally are transaction logs. Not all of em are that eay like stablecoins.

Re: Crypto wallets [Re: Flicker Shad] #7547479
04/03/22 11:03 AM
04/03/22 11:03 AM
Joined: Dec 2014
Posts: 2,446
Tug Hill, NY
S
Squash Offline
trapper
Squash  Offline
trapper
S

Joined: Dec 2014
Posts: 2,446
Tug Hill, NY
Can you get one made from a beaver tail ?

Re: Crypto wallets [Re: hobbes] #7547489
04/03/22 11:13 AM
04/03/22 11:13 AM
Joined: Dec 2006
Posts: 17,550
Rodney,Ohio
SNIPERBBB Offline
trapper
SNIPERBBB  Offline
trapper

Joined: Dec 2006
Posts: 17,550
Rodney,Ohio
Originally Posted by hobbes
I thought one of the most appealing things about crypto was that it's so hard for the governments to track transactions made with it?

No, the attraction is that it is outside of the government's control/manipulation. Some people think its untraceable and bought into it for that reason.

Re: Crypto wallets [Re: Flicker Shad] #7547496
04/03/22 11:17 AM
04/03/22 11:17 AM
Joined: Dec 2008
Posts: 1,745
eastern washinghton
7
70sdiver Offline
trapper
70sdiver  Offline
trapper
7

Joined: Dec 2008
Posts: 1,745
eastern washinghton
A good one is exodus wallet . I also have a trezor offline wallet to store crypto.



Re: Crypto wallets [Re: hippie] #7547551
04/03/22 12:30 PM
04/03/22 12:30 PM
Joined: Dec 2006
Posts: 21,539
Sandhills Nebraska
G
Gary Benson Offline
trapper
Gary Benson  Offline
trapper
G

Joined: Dec 2006
Posts: 21,539
Sandhills Nebraska
Originally Posted by hippie
Me either Bruce. I don't even have a credit card in my name.

I figure the less credit I have the better.


Life ain't supposed to be easy.
Re: Crypto wallets [Re: hobbes] #7547563
04/03/22 12:56 PM
04/03/22 12:56 PM
Joined: Dec 2006
Posts: 1,862
Huntingdon Co. Pa.
F
forestman3 Offline
trapper
forestman3  Offline
trapper
F

Joined: Dec 2006
Posts: 1,862
Huntingdon Co. Pa.
Originally Posted by hobbes
I thought one of the most appealing things about crypto was that it's so hard for the governments to track transactions made with it?


I don`t understand it either.Bitcon and other crypto is a way to hide things from the government but the Fed is talking about making a fed coin that will replace the dollar if I understand it right.

Re: Crypto wallets [Re: Flicker Shad] #7547564
04/03/22 12:57 PM
04/03/22 12:57 PM
Joined: Jan 2007
Posts: 6,461
central Haudenosaunee, the De...
W
white marlin Offline
trapper
white marlin  Offline
trapper
W

Joined: Jan 2007
Posts: 6,461
central Haudenosaunee, the De...
if you lose the "key", you're screwed.

Re: Crypto wallets [Re: Flicker Shad] #7547584
04/03/22 01:50 PM
04/03/22 01:50 PM
Joined: Dec 2006
Posts: 1,862
Huntingdon Co. Pa.
F
forestman3 Offline
trapper
forestman3  Offline
trapper
F

Joined: Dec 2006
Posts: 1,862
Huntingdon Co. Pa.

Re: Crypto wallets [Re: Flicker Shad] #7547587
04/03/22 01:52 PM
04/03/22 01:52 PM
Joined: Dec 2006
Posts: 1,862
Huntingdon Co. Pa.
F
forestman3 Offline
trapper
forestman3  Offline
trapper
F

Joined: Dec 2006
Posts: 1,862
Huntingdon Co. Pa.
I have no idea if this guy knows what he`s talking about but I hope this doesn`t really happen.

Re: Crypto wallets [Re: forestman3] #7547599
04/03/22 02:04 PM
04/03/22 02:04 PM
Joined: Feb 2015
Posts: 10,471
Iowa
T
trapdog1 Offline
trapper
trapdog1  Offline
trapper
T

Joined: Feb 2015
Posts: 10,471
Iowa
Originally Posted by forestman3
Originally Posted by hobbes
I thought one of the most appealing things about crypto was that it's so hard for the governments to track transactions made with it?


I don`t understand it either.Bitcon and other crypto is a way to hide things from the government but the Fed is talking about making a fed coin that will replace the dollar if I understand it right.

Can't have things that aren't controlled by the government, now can we? That would be nuts.

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