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How bout that Robinhood update
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Try out a new marketplace for teachers to buy and sell lessons/materials/resources. Take all of your hard work especially from virtual learning and make some extra money off them. Sellers make 100% profit off anything they sell. This is for a FREE Membership. Type in vipfree in the space that asks “how did you hear about us” on sign up. Lessontrader.com
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What is this "Tax Tech" I keep hearing about?
Anyone is SAP GRC groups
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I have absolutely no intention of putting more money into it lol
People that say it’s used for illicit actions confuse me....isn’t current currency used in illicit activities also?
I can see Blockchain around. Crypto, no.
I think Blockchain will be useful behind the scenes and the general public won’t even know. Crypto - I did own them at one point and made a very small amount of money off it. I believe it’s a fad
I put £1500 in around October last year. Missed the sell off point and it's currently hovering around £600. Hoping for a large pick up lol
Krugman said that about the internet. I think it’ll take a while for it to catch on but the applications for it will be valuable
All I know is the second I buy any form of crypto everything will crash
It’s used to find mafias, terrorism and illicit activity. I will have no part of it. It’s not real money. I’d rather drink the money than burn it
In general I think blockchain is a huge fad that will only find limited useful real world application
My fav W.Buffet said don’t invest into business you don’t understand. I don’t understand the core of crypto, how it’s backed, how it’s valued. That why I don’t owe it, but a lot of my friends actually mining it and owe it.
EY5 - you either have a fundamental misunderstanding of fiat currency or you’ve been watching too many gold investment commercials 😂
Aa1, buy the dip. They’re showing signs of bottoming. Still room to go lower but these are great long term levels
My bf owns some - bitcoin, etherum and a couple of other coins. He makes a very nice profit on lending out bitcoin???? Not sure the ins and outs of it but I’ve seen the bank account and it’s growing nicely for seemingly doing nothing
My husband is mining crypto. He still hasn't sold any. He put over $20k investment on his little farm. There are ATM machines for crypto in Canada and most investors think it'll be worth much more in the future.
Only problem is timing. When bitcoin started, people who were skeptical didn't invest while those who took the risk made tons.
I guess only time will answer our questions!
https://joinfishbowl.com/bowl_t34fha
Can someone explain what it actually means to “mine” currency
Miners approve the transaction data that gets added to the block chain. In exchange for doing this they earn bitcoin (this is new bitcoin created from nothing and increases the money supply). To approve a transaction, their computer solves a difficult mathematical problem.
BDO1, yes that is true however the hurdle for anonymity is significantly lower for cryptocurrency. For traditional currency banks are involved. Or cash changes hands. Things like that make it far easier to trace traditional money compared to crypto. That doesn’t mean everything is easy for traditional and impossible for crypto to trace but they are significantly different.
D1, nice simple explanation.
Crypto has no basis in reality in terms of value. At its core the US currency is based off the faith in the US government which is supported by rules, regulations, taxes collected, citizens producing value. Crypto is just people saying fuck it. Let’s burn money
To me, crypto is a hedge against a possible collapse of the financial banking system. Governments printing out trillions and trillions of fake money since 2014 is creating a massive bubble and if we don’t fill that in with a lot more growth, it’s going to crash sooner or later. If and when that happens, I’d like to be holding something other than USD.
Have about 20 bitcoins and a handful of others. If I sold now would still make about 2x, so not complaining just yet