Or at least GME, like I recently did, hoping others are right about the Mother of All Short-Squeezes. And I have physical proof of my ownership less than three feet away from me as I type this.
The fact that it doesn't exist as a physical object is exactly how the feds can be prevented from seizing it. Gold's nice, yes - definite hard cash alternative - but what can you do when the Internal Expropriation Service tracks your purchases, then decides to do a little civil forfeiture because they needed to buy some more crack?
PS: You know what else doesn't exist? Gold in fort knox.
Jesus christ dude, you've got to know something about crypto. Don't just buy in to the shit that news talks about, including right wing news run by boomers.
There's such a thing called cold storage for crypto. I don't know why, but retards think you need to have your crypto held in digital online wallets owned by other companies (like banks are now).
That is not the case, in fact the original concept of bitcoin involved using COLD STORAGE. i.e. you store the fucking wallet to physical media. Hard drives, micro SD cards, flash drives, SSDs, etc. you can literally hold the fucking physical media and just like any other physical media, YOU CAN MAKE BACKUPS of it. So even if one of those media dies you have backups to use.
Then just like gold, you can store it in a safe place away from your home under lock and key or in your end of the world bunker where the Feds can never take it from you.
So yes, you can physically touch the product that's storing it. If that is not enough for you then I don't know man.
Use monero.
If you can't hold it, you don't own it.
Indeed, self custody is important. Get the hell away from those 'central exchanges'.
What self-custody? It does not physically exist.
Buy gold.
Or at least GME, like I recently did, hoping others are right about the Mother of All Short-Squeezes. And I have physical proof of my ownership less than three feet away from me as I type this.
You can physically own a bitcoin key. It remains a currency, rather than an investment vehicle: as I am constantly reminding people.
The fact that it doesn't exist as a physical object is exactly how the feds can be prevented from seizing it. Gold's nice, yes - definite hard cash alternative - but what can you do when the Internal Expropriation Service tracks your purchases, then decides to do a little civil forfeiture because they needed to buy some more crack?
PS: You know what else doesn't exist? Gold in fort knox.
Hell, the value the US$ had just 10 years ago.
Jesus christ dude, you've got to know something about crypto. Don't just buy in to the shit that news talks about, including right wing news run by boomers.
There's such a thing called cold storage for crypto. I don't know why, but retards think you need to have your crypto held in digital online wallets owned by other companies (like banks are now).
That is not the case, in fact the original concept of bitcoin involved using COLD STORAGE. i.e. you store the fucking wallet to physical media. Hard drives, micro SD cards, flash drives, SSDs, etc. you can literally hold the fucking physical media and just like any other physical media, YOU CAN MAKE BACKUPS of it. So even if one of those media dies you have backups to use.
Then just like gold, you can store it in a safe place away from your home under lock and key or in your end of the world bunker where the Feds can never take it from you.
So yes, you can physically touch the product that's storing it. If that is not enough for you then I don't know man.
Feds gonna fed. The mention of monero in particular, a currency more fungible and private than bitcoin, makes them go particularly ballistic.
PS: Paper wallets made to look like a shopping list.