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I suspect in poorer nations, if you had precious metals it would be difficult to store or hide. I mean I don't find that hypothesis unlikely. You save in what you can, not what is ideal. I mean I'm sure they also try and save in USD banknotes. I think it's a balance of what's available and what...

From what I hear, people in Nigeria and turkey are saving in BTC due to rampant inflation

Yes, your wallets hold your coins. Hence they can be stolen

You're misunderstanding words as passwords. The seed words combinations are actually bits. And every private key is a 256 long string of zeroes and ones. Which means your odds of breaking a private key with actual coins in the addresses are 2^256. Basically mathematically impossible that someone...

Not your keys, not your coins. If you don't hold it, you don't own it. Your argument means you don't use bank accounts because you're a creditor of a bank

All hardware wallets are bip39 compliant, it uses a specific word list to generate seed phrases. You can't make your own from the list because the last word somehow does a validity check, no different to how merchants can check whether credit card numbers are valid. If you want to add your own...

As long as you provide an address, it goes straight to you. You never need an intermediary

$15000 AUD

Apparently FTX owns a lot of SOL that they'll be forced to liquidate

I think the reason comes down to possible dilution. We saw from gamestop in 2021 that the company could issue more shares and hence dilute. Not an option for BTC. As for the small cap company having a billion shares outstanding, it'd come down to dilution and liquidity imo

FTX has to be bailed out by binance

25 fiddies for $260 :D

Finally got one!

And I got paper gains from Celsius promo codes

I already sold all my $200 coins. I'm not looking to sell, only considering trading

Hey all, I own a mix of both 22k and 24k. I went to Jaggards recently and they said they buy 22k gold at least 10% under spot because of GST. The issue I'm thinking of is how liquid the 22k market is in Australia. So I own some krugerrands, a 50 peso and some gold eagles but am thinking they...

Only if you include stables, if you don't, it's mid 50s

It died and has been on life support since then and Gold isn't the answer. Elaborate on why it would be.

That argument can also be made for gold. The logic must work both ways

Can this thread be renamed to monitoring the crypto winter?