View Single Post
island911 island911 is offline
Information Junky
 
island911's Avatar
 
Join Date: Mar 2001
Location: an island, upper left coast, USA
Posts: 73,167
Quote:
Originally Posted by Skillet83 View Post
Island, BTC is a chit way to purchase anything and not meant as a efficient way to purchase. BTC is a long term hold that will continue to appreciate. MC has broken 1.1T.
What if you wanted to send $10,000 to your Mom in Germany. Good luck, will take about 3 days for her to see her funds, cost about 7% and a chit ton of paper work. Enter Stellar (XLM). Take a minute to send from your desktop, boom, hits her account in a matter of seconds (half way across the planet) for a fractions of a penny. Take a look at stellar.org or ripple.com (XRP). You have the major card companies joining up with these companies and tech to process payments because it fast and cheap. DeFi has the banks by the nads now and they have admitted change is coming.
I keep mentioning, but it is still early in the game. There are so many things happening outside of BTC. Fun times
One more thing speaking of defi, how would you like to earn 10%-50% on your money? Take a look at AAVE, Compound Finance, Yearn. You can purchase crypto, put it out there to lend short term or long and get paid serious returns. I am still learning, but my returns are spectacular. Keep in mind, I started messing around with play money doing this, into 6 figures now.
Thanks Skillet.

Take note, bio. That is what a well reasoned, useful post looks like.
__________________
Everyone you meet knows something you don't. - - - and a whole bunch of crap that is wrong.
Disclaimer: the above was 2¢ worth.
More information is available as my professional opinion, which is provided for an exorbitant fee.
Old 04-15-2021, 09:59 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #143 (permalink)