[tccadmin]

I just never thought of it as a crypto, it’s not on a blockchain, there’s no scarcity, no hard cap – it may as well be fiat.

Then there was all the regulatory headwinds. I guess there still is, given the SEC may appeal the latest decision.

Finally, given that Ripple is overtly positioning themselves to be a base layer for CBDCs, I just want to keep my crypto investing to anti-CBDC instruments.

If we want to monetize the picks and shovels of the coming CBDC system I figure the best place to so it is via the banks and the exchanges.

[tccadmin]

I was given a Coldcard at the Canadian Bitcoiners meet-up and started to set it up but realized I did it improperly, so I need to wipe it and start over again.

Haven’t had a chance to do that yet.

The Coldcard is a lot more technically involved to set up and maintain than the Ledger.

• This reply was modified 2 years, 2 months ago by tccadmin.

[tccadmin]

It’s possible COIN could take some steam away from them for sure. The L2 competition is fierce.

But in general, cryptos will all move in the same direction. If we’re in a new cycle (and we are), then MATIC will too.

The only exception that I would avoid in general, on principle, because it just seems to be plagued with difficulties and foibles is Solana (SOL). Total shitshow.

[tccadmin]

If you sell crypto for fiat on a hardware wallet, it won’t be cash, it’ll be a stablecoin, like USDC, USDT or DAI.

If you want to spend that “cash” you’ll still have to enter the legacy banking system to do it.

(Unless you transact with somebody who is willing to accept the stablecoin, that is becoming more commonplace now, especially in Africa, Asia, etc).

• This reply was modified 2 years, 5 months ago by tccadmin.

[tccadmin]

It hasn’t been updated in two years, but there is a Monero extension plugin for Woocommerce

Monero WooCommerce Extension

There is also this

LITEPAY Crypto Payments plugin for WordPress WooCommerce (NO KYC)

Which is more recent and does BTC and LTC non-KYC payments.

[tccadmin]

Done. Many thx Mark!
P.

[tccadmin]

Normally I’d say Galaxy. But COIN is compelling at these prices.
So for $1000, I’d go 50% GLXY, 50% COIN.

[tccadmin]

It’s difficult to do this in a way that’s meaningful across the membership base. We have our original recos when we entered the majority of the positions, and keep the entry date for when we first reco a position.

However because of our three-tranche method and people coming in at different times, it’s hard to render a return on where we are as a portfolio (suffice it say, we’re down a lot unless you entered with your first tranche this past December).

Look to the mid-month updates for some tables with the P&Ls from the entry dates.

If you see the “Portfolio” pulldown, that’s where this is being built out here on the website. Was working with the data provider on some issues that were holding things up but those have been resolved.

– mark

[tccadmin]

Damn. I remember experimenting with some staking there a couple years back, thought they did a good job on the interface etc.

The deficit ratio of assets vs. liabilities is high, with BTC and DOGE at 95%, LTC at 60%, and DASH at 10%. Most of the other coins are fully backed, actually overcollateralized.

WTF. More players re-discovering fractionally reserved “bitcoin” in the digital era.

[tccadmin]

I’ve never used a Coldcard, but I met Rudolfo many years ago when Coinkite was just starting out.

They are highly respected and have had no known issues (that I’m aware of).

If you don’t plan to spend anything and just want to store it offline they sound like a good solution. I should pick one up and test it out.

[tccadmin]

It wouldn’t surprise me to see the EU attempt this, but I also expect it to fail spectacularly.

It reminds me of Winston Churchill’s comment on Americans “they can be counted on to do the right thing after exhausting all other options”, the same can be said about Europe (just look at their energy policies).

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