Originally Posted by BWillie:
Worst decision I ever made was NOT putting everything I own in BTC when it was $600.
2nd worst decision I ever made was not selling one of my properties and putting it all on bitcoin when it dropped to 3.3k once I actually had knowledge about crypto.
Fomo
I think we all can say this now. I told my wife when I 1st got in at $2500 that I wanted to buy $50K worth. Instead I spread it out among other stuff...
Originally Posted by MahiMike:
I think we all can say this now. I told my wife when I 1st got in at $2500 that I wanted to buy $50K worth. Instead I spread it out among other stuff...
oh well. At least I'm in the game.
I’ve got you in the “I’m an idiot” contest. One of my biz partners asked if we could shift something in the 50k range when BC was in the 6-700 range. I told him “I’d rather wipe my ass and flush that money”. He enjoys sending random figures on where that’d be from time to time. [Reply]
Today the OCC published Interpretive Letter 1174, which explains banks may use new technologies, including independent node verification networks (INVNs) and stablecoins, to perform bank-permissible functions, such as payment activities. Said simply, a bank may use stablecoins (cryptocurrencies designed to minimize the price volatility) to facilitate payment transactions for customers.
In doing so, a bank may issue stablecoins, exchange stablecoins for fiat currency, as well as validate, store, and record payments transactions by serving as a node on a blockchain (INVN).
How is that good for crypto? Wouldn't that be a direct competitor? [Reply]