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I have visitation rights

In May of 2019, I bought £50 worth of Bitcoin for a lark. I flirted with the idea of throwing another £5 in every month, but then all my photo ID expired and Coinbase won’t let me play any more.

I must fix that. It’s probably not legal for an immigrant to be without valid ID.

Anyway, they let me visit my money – they’d even let me take it out, if I wanted – but they won’t let me buy any more. That’s made this account the perfect way to make sense of the ups and downs of BTC.

I check in on it every once in a while, when there’s been something in the news about crypto. That there is the real number earlier today – £404.31. Although shortly after it lost £2 then made £1.80 back again. That’s all from my initial £50 (though I think I did earn a few pounds taking surveys or watching videos).

Puts it in an interesting perspective, don’t it?

Comments


Comment from S. Weasel
Time: August 25, 2021, 6:42 pm

Ooooo…it topped £405 there for a minute. Weirdly, it seems to update on the hour and at 43 minutes after the hour.


Comment from Mark Matis
Time: August 25, 2021, 9:03 pm

Just remember there is no physical “money” therein. Only ones and zeroes. But then that is true for almost every major monetary system today…


Comment from durnedyankee
Time: August 25, 2021, 10:15 pm

As Mark says, one man’s fiat currency is almost as good an another’s.

Wait till the powers that be decide that they need some of that currency.
Which will be no different than them deciding they need more money from your retirement account or your bank account which contains their fiat currency.

As long as YOU have a wallet, your government has money to spend.

Coming back to the world after a couple days in the new log cabin wilderness (might as well be a cabin built in 1850, no power, no water, no indoor outhouse), not hearing daily what a fiasco civilization is right now turns out to have been quite pleasant even if I did have to actually work on the place.


Comment from Mitch
Time: August 25, 2021, 11:08 pm

We’ll all be back to carving beads out of shells, bone, wood and stone before this is all over.

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