Crypto bro loses life savings after following Trump ally Javier Milei

boogers

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Nonsense. Serious opportunity to put hundreds of thousands in your checking account

You can go dig your nose with all that morality talk

Cheers
you can go dig in your butt. you'll prolly dig out a few shytcoins.

yall destroyed the gpu market with this goofy fake money shyt

lord knows how many old people have been suckered by some indian to use those bitcoin atms

everybody ive seen in the crypto space is a douchey white bro with a fashy haircut

cryptocurrency is stupid and 9/10 its used by bad people

its only good if you want to buy drugs on the internet
 

In The Zone '98

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you can go dig in your butt. you'll prolly dig out a few shytcoins.

yall destroyed the gpu market with this goofy fake money shyt

lord knows how many old people have been suckered by some indian to use those bitcoin atms

everybody ive seen in the crypto space is a douchey white bro with a fashy haircut

cryptocurrency is stupid and 9/10 its used by bad people

its only good if you want to buy drugs on the internet

Whatever works for you, beloved
 

Bushmaster69

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Sending bitcoin over the lightning network is literally as fast as doing a QR code scan on CashApp or whatever mainstream finance app you can think of.

Video demo of me sending bitcoin to my grandma:



The wallet app used is Phoenix Wallet: x.com

Phoenix Wallet is no longer available for US users due to regulatory concerns. The best custodial bitcoin lightning wallet that's availalbe for those in the US is CoinOS: https://coinos.io/

As everyone here should know by now though, not your keys, not your coins. With custodial wallets, you're not in possession of your seed phrase. The best non-custodial lightning wallet where you do control your private keys is Zeus: x.com

As pointed out earlier in the thread, the lightning network is not reliable, but most importantly, it uses centralized nodes. That is the antithesis of what satoshi nakamoto wanted for Bitcoin/BTC.

Maybe I care too much about the culture around cryptography, but I don't see how people can be so comfortable with this.

Especially the bitcoin purists.
 

cheek100

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Sending bitcoin over the lightning network is literally as fast as doing a QR code scan on CashApp or whatever mainstream finance app you can think of.

Video demo of me sending bitcoin to my grandma:



The wallet app used is Phoenix Wallet: x.com

Phoenix Wallet is no longer available for US users due to regulatory concerns. The best custodial bitcoin lightning wallet that's availalbe for those in the US is CoinOS: https://coinos.io/

As everyone here should know by now though, not your keys, not your coins. With custodial wallets, you're not in possession of your seed phrase. The best non-custodial lightning wallet where you do control your private keys is Zeus: x.com

btc doesn’t settle instantly like that vid portrays the app must have reserves to cover the transfer. Btc settles in 12 minutes to 5 hours unfortunately. Thats where utility coins come in- instant settlement without nostro vostro accounts. It’s revolutionary
 

Bushmaster69

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you can go dig in your butt. you'll prolly dig out a few shytcoins.

yall destroyed the gpu market with this goofy fake money shyt

lord knows how many old people have been suckered by some indian to use those bitcoin atms

everybody ive seen in the crypto space is a douchey white bro with a fashy haircut

cryptocurrency is stupid and 9/10 its used by bad people

its only good if you want to buy drugs on the internet
Ok hold it right there. While what you typed was funny ass shyt, I hope you don't really mean that. Blockchsins and Cryptocurrencies solve real world problems.

 

Geek Nasty

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I refuse to believe he was that dumb.


Unless he thought he was one of the insiders, but they targeted him to rug him instead :sas2:

I see those reddit wallstreet bets stories all the time. Some white kid inherits 6-7 figures from grandpa and dumps it all on a risky bet, then loses it.
 
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btc doesn’t settle instantly like that vid portrays the app must have reserves to cover the transfer. Btc settles in 12 minutes to 5 hours unfortunately. Thats where utility coins come in- instant settlement without nostro vostro accounts. It’s revolutionary
Yes, on-chain transactions take as much time to settle as you say. Bitcoin L1 = store of value/cold storage; bitcoin L2's or layer two's, like the lightning network = good for day to day transactions. I've literally paid for a dinner w/bitcoin over the lightning network for my grandmother and myself when she and I went to Paris last year. I chose a restaurant that was listed on BTC Map: BTC Map

People can use what they want, but I'm just saying there's no need to use anything else. Tether and USDC can and have frozen transactions.

 

boogers

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Whatever works for you, beloved
sorry for being rude about it. awhile back i worked at a store and it had one of those big shiny bitcoin ATMs. there were so many old people going up to it feeding it 50s and 100s. i tried to stop who i could but over time... you know how old people are :whoa: if they wanna do something they wanna do something. i probably saw 100 retirements pissed away working there. and thats one machine. imagine what theyre raking in worldwide. before i worked there i just thought crypto was silly but seeing that made me hate it
 
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sorry for being rude about it. awhile back i worked at a store and it had one of those big shiny bitcoin ATMs. there were so many old people going up to it feeding it 50s and 100s. i tried to stop who i could but over time... you know how old people are :whoa: if they wanna do something they wanna do something. i probably saw 100 retirements pissed away working there. and thats one machine. imagine what theyre raking in worldwide. before i worked there i just thought crypto was silly but seeing that made me hate it
The only thing bad about bitcoin ATMs is: The high fees (set by the owners of the ATMs) and that most of them (in the US, at least) do KYC. If these old folks bought and held on to their bitcoin for, at least, four years, their stack should've appreciated pretty nicely by now.

If you're running a bitcoin ATM in a high traffic area, I imagine you gotta be raking in some nice cash.
 

boogers

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The only thing bad about bitcoin ATMs is: The high fees (set by the owners of the ATMs) and that most of them (in the US, at least) do KYC. If these old folks bought and held on to their bitcoin for, at least, four years, their stack should've appreciated pretty nicely by now.

If you're running a bitcoin ATM in a high traffic area, I imagine you gotta be raking in some nice cash.
scammers online contacted the old people and got them to convert their cash to bitcoin then stole it from them

they were not investing :mjlol:
 

cheek100

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Yes, on-chain transactions take as much time to settle as you say. Bitcoin L1 = store of value/cold storage; bitcoin L2's or layer two's, like the lightning network = good for day to day transactions. I've literally paid for a dinner w/bitcoin over the lightning network for my grandmother and myself when she and I went to Paris last year. I chose a restaurant that was listed on BTC Map: BTC Map

People can use what they want, but I'm just saying there's no need to use anything else. Tether and USDC can and have frozen transactions.

Btc L2s are a gimmick nothing more. They fail behind the scenes often (like solana) they’re a great catch-eye but not built for prime time. Btc is expensive and slow it’s just the reality.
My personal opinion they are pushing it heavily to distract from the real value until wall st catches up -hence tokenization- which btc nor eth are built for.
Btc is propped up by tether always has been.

and no Satoshi isn’t real
 
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