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To: algore

Paypal has been compared to RobinHood when it comes to how they will handle user cryptocurrency purchases. That is, you’ll “buy” crypto but not be able to move it off their site (that’s how RobinHood works). Which means you have to pray they are honest and not going to get hacked. And it makes your ownership of crypto something of a matter of faith and an abstraction.

Learning to use cryptocurrency isn’t that big of a deal, so I encourage folks to just do so directly and not through centralized services like Paypal or RH.


34 posted on 04/02/2021 5:09:57 PM PDT by EnderWiggin1970
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To: All
Some quotes from an article worth noting...
"The gains in bitcoin and altcoins has lifted total crypto market cap to within inches of $2 trillion ($1.94tn). The previous peak in January 2018 saw cryptos at $831 billion...

"Bitcoin is now the 8th largest asset in the world (just behind silver's total capitalization and above Facebook) and Ethereum is the 45th largest asset (just above Coca-Cola and behind Netflix).


35 posted on 04/02/2021 5:54:01 PM PDT by aMorePerfectUnion (I'd rather be anecdotally alive than scientifically dead...)
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