Well, Crypto comes in different flavors.
-Ripple = private ownership of the medium of exchange => act like stock. (penny stock right now)
-Bitcoin = non-custodial + privacy + some anonymity tools
-Monero = non-custodial + anonymous + privacy
-BCH = non-custodial + privacy and even anonymity
The fact is that I can hold, transact, acquire, and sell the non-custodials without KYC, Ripple knowns not such advantages.
Jurisdiction
Governments around the world are scrambling to put Crypto coins inside their control structure. In many jurisdictions it means that companies who act as access and exit points (where you exchange fiat for crypto coins) laws are considered that these companies have to rat you out to the tax office, so the tax office can tax your holdings and transactions. (Think DDR: STASI wanted to know everything)
In the EU, the hold, that having a privacy / anonymity coin is bad for their Business, but very good for ours.
It simply means, keep your eyes open, as I have yet to meet a government that is guided by the basic idea of individual sovereignty. It is important to keep in mind that as WHO or who your are transacting and with WHom or whom and in what postal jurisdiction.
As a matter of fact: the currency you use to transact is used to determine jurisdiction. See treaty: Rome II.
Value-ations and Fiat-shit coins.
Remember, despite Trumps efforts, the FRN has lost more than 99% of its value. And I should add: by design
Now, another iteration of the fiat shitcoins is Ripple. Why do you think: JPM is deep in there? A couple f months ago they bought their asses off to get it. It may have simply been a hedge bet, but the moves these days, especially with this Ripple guy in the Trump admin, I dunno. To me: it smells bad.I am wondering how long he will last. (Scaramucci-model -Q)
The single sidedness of FOX reporting is quite visible. There were other coins also jumping: BCH, ZEPH (also a privacy/anonymity coin), Pi coin, though not yet free mainnet (prospective at 01-01-2025) gained with 10%. And when FOX is focusing on RIPPLE, I am smelling: corporate interest of the old world.
As far as gold and silver is concerned: it is wise to have it. Keep stacking 10%, and get yourself paid in non-custodial crypto. You do not need to accept the fiat-shit-coins, nor are you obliged to transact in them. That has always been your choice.
The push for central banks to load up on gold and silver is growing and beyond the scale. As long as the FED is capable of playing its game, gold and silver are obtained for a price way below the true price.
In terms of getting in: You can always get into bitcoin. Just comprehend the 4 year cycle.
For you convenience, take a look at a graph: https://www.tradingview.com/chart/
1.on the left side, field: search for BTCUSD, take the one from Coinbase.
2. click on the slider and turn it, from a daily view, into the monthly view.
3. if you still cannot see the whole graph, simply slide the bottom with the years, to the right and/or the price on the right side downwards.
What you see are green and red so called candles. We call 'm candles because many of these bodies have either a wick on top or below, or both. The color is important. Green means: a higher closing price than opening price. And the red color means the opposite: a lower opening price than closing price.
So, now we got the basics in order, my question is this: what do you see? Do you see a stair-step upwards developing over the years?
The next question is: how far up will it go? Like Roulette:
round and round she goes, where she stops nobody knows. Abra, Abra Cadabra
Now the next part of this song is even better:
I want to reach out and grab you
So, when would you? At the top? Right now at 91.000 FRN?
Let me tell you, I bought at 56.0000 and HOLD it partially. I buy on the lows and sell on the highs, and make some money trading a little. Just fun distraction.
Say you bought on the top in 2021 at 61.000, you would now be looking at a 50% gain. or, 16% a year. Way better than your average bank, right?
And if you done it right, got yourself a non-custodial wallet (like Cake Wallet), obtained your Bitcoin either through being paid for your work, or exchanged it on BISQ, HODL-HODL, so non-KYC, you got your self a nice thing.
What I am saying is, it does not matter at what price you bought it. That was your price. Even if you would buy it now, at 91.000. When it reaches, 120.000, you'll be happy. Why? Because, ..... if you want to exchange your land for a currency: would you rather use a currency that is prone to fraud like the FRN, or would you rather exchange for something that increases in value over time?
Take a read: here: https://x.com/stackhodler/status/1857010176781410572
Consideration
As with stacking gold and silver, you buy over time a little, maybe every 3 months or so. You do not need a pawn shop. Just a VPN and a wallet. I would also recommend: keepassXC. Why? just remember the way in which you got to the passphrases. Not the passphrase itself.
And do yourself and us a favor: FUCK Central Exchanges!!!! You do not need them. We do not need them. They are a jinx on the system, or rather, a tool of the slavers. And they play on your desire of ease of use without thinking.
Well, Crypto comes in different flavors.
Ripple = private ownership of the medium of exchange => act like stock. (penny stock right now) Bitcoin = non-custodial + privacy + some anonymity tools Monero = non-custodial + anonymous + privacy BCH = non-custodial + privacy and even anonymity
The fact is that I can hold, transact, acquire, and sell the non-custodials without KYC, Ripple knowns not such advantages.
Governments around the world are scrambling to put Crypto coins inside their control structure. In many jurisdictions it means that companies who act as access and exit points (where you exchange fiat for crypto coins) laws are considered that these companies have to rat you out to the tax office, so the tax office can tax your holdings and transactions. (Think DDR: STASI wanted to know everything)
In the EU, the hold, that having a privacy / anonymity coin is bad for their Business, but very good for ours.
It simply means, keep your eyes open, as I have yet to meet a government that is guided by the basic idea of individual sovereignty. It is important to keep in mind that as WHO or who your are transacting and with WHom or whom and in what postal jurisdiction.
As a matter of fact: the currency you use to transact is used to determine jurisdiction. See treaty: Rome II.
Fiat-shit coins. Remember, despite Trumps efforts, the FRN has lost more than 99% of its value. And I should add: by design
Now, another iteration of the fiat shitcoins is Ripple. Why do you think: JPM is deep in there? A couple f months ago they bought their asses off to get it. It may have simply been a hedge bet, but the moves these days, especially with this Ripple guy in the Trump admin, I dunno. To me: it smells bad.I am wondering how long he will last. (Scaramucci-model -Q)
The single sidedness of FOX reporting is quite visible. There were other coins also jumping: BCH, ZEPH (also a privacy/anonymity coin), Pi coin, though not yet free mainnet (prospective at 01-01-2025) gained with 10%. And when FOX is focusing on RIPPLE, I am smelling: corporate interest of the old world.
As far as gold and silver is concerned: it is wise to have it. Keep stacking 10%, and get yourself paid in non-custodial crypto. You do not need to accept the fiat-shit-coins, nor are you obliged to transact in them. That has always been your choice.
The push for central banks to load up on gold and silver is growing and beyond the scale. As long as the FED is capable of playing its game, gold and silver are obtained for a price way below the true price.
In terms of getting in: You can always get into bitcoin. Just comprehend the 4 year cycle.
For you convenience, take a look at a graph: https://www.tradingview.com/chart/
1.on the left side, field: search for BTCUSD, take the one from Coinbase.
2. click on the slider and turn it, from a daily view, into the monthly view.
3. if you still cannot see the whole graph, simply slide the bottom with the years, to the right and/or the price on the right side downwards.
What you see are green and red so called candles. We call 'm candles because many of these bodies have either a wick on top or below, or both. The color is important. Green means: a higher closing price than opening price. And the red color means the opposite: a lower opening price than closing price.
So, now we got the basics in order, my question is this: what do you see? Do you see a stair-step upwards developing over the years?
The next question is: how far up will it go? Like Roulette:
round and round she goes, where she stops nobody knows. Abra, Abra Cadabra
Now the next part of this song is even better:
I want to reach out and grab you
So, when would you? At the top? Right now at 91.000 FRN?
Let me tell you, I bought at 56.0000 and HOLD it partially. I buy on the lows and sell on the highs, and make some money trading a little. Just fun distraction.
Say you bought on the top in 2021 at 61.000, you would now be looking at a 50% gain. or, 16% a year. Way better than your average bank, right?
And if you done it right, got yourself a non-custodial wallet (like Cake Wallet), obtained your Bitcoin either through being paid for your work, or exchanged it on BISQ, HODL-HODL, so non-KYC, you got your self a nice thing.
What I am saying is, it does not matter at what price you bought it. That was your price. Even if you would buy it now, at 91.000. When it reaches, 120.000, you'll be happy. Why? Because, ..... if you want to exchange your land for a currency: would you rather use a currency that is prone to fraud like the FRN, or would you rather exchange for something that increases in value over time?
Take a read: here: https://x.com/stackhodler/status/1857010176781410572
As with stacking gold and silver, you buy over time a little, maybe every 3 months or so. You do not need a pawn shop. Just a VPN and a wallet. I would also recommend: keepassXC. Why? just remember the way in which you got to the passphrases. Not the passphrase itself.
And do yourself and us a favor: FUCK Central Exchanges!!!! You do not need them. We do not need them. They are a jinx on the system, or rather, a tool of the slavers. And they play on your desire of ease of use without thinking.