Can someone please walk me through this? I have downloaded the coinbase app and have a wallet app, and now I'm ready to buy. But, I just need assurance. Is there any possibility of losing this money once I move it? Who uses it? How? Is it secure? Just need to know that smart people other than Dave from x22 are buying this and that its a strong move.
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you're going to get a ton of idiots offering their free financial advice to buy the "next bitcoin"
this is a clear demonstration of their lack of understanding what they're talking about. Bitcoin is not a company. There is no "next bitcoin". This isn't Myspace. This is akin to TCP/IP, a protocol that layers are built on top of.
nearly every "crypto" project has had a pre-mine, meaning a sum of the total tokens for that asset are gifted to the projects investors/stakeholders - this is just a rebranding of the typical broken fiat system.
https://unchained-capital.com/blog/bitcoin-is-the-great-definancialization/
Bitcoin is a THING.
All things are traded as commodities.
The valuation of a thing is dependent (in small part) on genuine interest and (in large part) on how various thieves will use the machinery of algorithms, press touting (to include boosters on alt-media forums), and fear-porn to herd impressionable crowds. Bitcoin is promoted as being scarce. But cryptos that are functionally identical to Bitcoin are not scarce. (I.e., compare to gold; there's only one kind of gold.)
Here's the "tell" for me: PayPal wants me to use Bitcoin. Musk wants me to use Bitcoin to buy his carbon-swindle scamcars. And there's a Bitcoin kiosk in every stupid supermarket now. The Cabal obviously wants me to use Bitcoin and go fully digital, all the while various hysteria shriekers are promoting it as the end of the Cabal.
"Is it secure?"
Coinbase is not "secure". It is an corporate exchange, just like a stockbroker, and has the same relationship to the IRS that a broker does.
XRP https://www.tradingview.com/x/eZUAyc8d/
XLM https://www.tradingview.com/x/xz7fFlpG/
VET https://www.tradingview.com/x/Lv3m0w8d/
bitcoin is the product, blockchain is the protocol.
blockchain is a technology. you don't run a blockchain node, you run a bitcoin node.
pick up a book
Your time and money are the products, taking them from you is the protocol.