Can cryptocurrency go mainstream?
- Thread starter morris
- Start date
SoSoSlick
Still gettin it!
You'd have to find a seller willing to accept crypto as payment. Otherwise, you'll have to either cash out thru a bank OR find a 3rd party that will facilitate the transaction for you.
Why does it matter if it's the main bank account or not? Bank accounts are linked to your social security number so they'll know all the accounts you have no matter what.
who’s “they” …?
I have no idea what you’re talking about
I advised him that he doesn’t have to/shouldn’t link his main bank account in the rare instance his coinbase account is compromised…better safe than sorry…it might seem like “common sense” but sometimes folks still do it
They is the IRS.
Even if Coinbase is compromised the bank he links to will have their own security protocols.
I think you’re just responding/talking for the sake of it… (a) you were refuting a point I wasn’t making and (b) I don’t think you realize ppl have lost money thru coinbase that way before
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It definitely rhymes with MLM even if it isn’t the exact same thing. It’s a decentralized MLM scheme with a speculative asset tied to it.
Yes, there is real money to be made in crypto. Just like there are people who made real money selling ACN or whatever.
Its like mlms and beanie babies did a fusion dance
Drake's Tan
Superstar
When that does happen it'll probably be very regulated and the elements that it currently offers that appeals to many people will likely be eliminated/mitigated through policies.
Renegade47
Superstar
you cant and never will be able to use crypto to buy any real shyt unless they find a way to allow it without nuking usd euro yen etc.
shyt is a edgy fad but it cant uproot an already established system.
Yaboysix
That nikka
Hmmmm… how at least 3 brehs in here told me differently?…hmmmmm..
“Find a bank that cashes them in for you” they say…
Hmmmm… how at least 3 brehs in here told me differently?…hmmmmm..
“Find a bank that cashes them in for you” they say…
You can buy anything with crypto or any other item long as someone willing to accept for it. Someone can say I'm selling my house and I want 2 Ferraris, whats preventing that from happening? Its all a matter of whats agreed upon between the buyer and seller. The thing is that some crypto fluctuates unlike USD which stays the same. Meaning a dollar is always gonna be a dollar. 100 pennies, 20 nickels, 10 dimes, 4 quarters, 1 dollar. The cost of goods might go up and the dollar might be able to buy less than before but its value holds the same, just the buying power that changes. So what happens with crypto is that you can trade a bitcoin for a car at like 40k but then the next month that car has gone down in value and the bitcoin can be worth 60k. Its an asset that has potential to grow, which some like the USD may not, so using crypto to buy a house isn't as popular. I'd feel better knowing I used USD which has no long term growth value than an asset that can increase. But again it all depends on what the buyer and seller are willing to compromise.
the bossman
Superstar
some yall nikkas have no clue where the world is headedYou can buy homes using crypto today.
Movie tickets, flights, eat at restaurants.
Mastercard and Visa are both integrating crypto into their platforms for payment options.
Credit-card giants aren't waiting to be disrupted when it comes to crypto | Financial Post
Shopify just integrated bitcoin as a payment option for their 2 million+ merchants around the world
Strike, Shopify to Allow Bitcoin Payments
Everyday more & more companies are accepting crypto as payment. It won't take but a few years til you see Apple Pay or Amazon hopping on board.
Still think crypto is a fad brehs. Imagine Mastercard and Visa spending the time and resources to integrate something that's just an edgy fad. How can you be this slow
Buy a shyt load of Cypto.
Don't look at for 5 years
Cash out
Don't look at for 5 years
Cash out