I was reading through some comments on this post: https://communities.win/c/GreatAwakening/p/12jd0GCP85/cashless-bitcoin-and-the-devil-w/c/
And realized, I have shrugged off crypto because I simply don't understand it. For someone like me who is now realizing it's a good idea to get involved, how do I do it? It's very overwhelming, but I'm committed to learning. Let's talk!
Im in agreement with you anon. It's a big scam.
Several coworkers I know personally have lost thousands attempting to cash out their coin-wallets.
Capital gains/crypto taxes coupled with the exorbitant wallet fees in order to actually transfer your money to your bank acct figuratively translates to ~30% +/- of what you'll actually get from your crypto "value".
It's also rather suspicious the crypto phenomenon began relatively soon after the silk road was shut down and prominent coin "creators" such as Buterin (Ethereum) are outspoken pedophile leniacy advocates...
I say no thanks. I wouldn't want to knowingly contribute to a someone who speaks out defending child porn as a victimless crime and equates pedophilia to harmless self indulgence.