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Old 02-02-2021, 03:57 AM  
pimpmaster9000
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Join Date: Dec 2011
Posts: 26,732
Quote:
Originally Posted by jscott View Post
Being your own bank means must also be responsible with what's important to you.

If you have a kid and is important to you , you wouldn't leave in the middle of a highway unattended would you? I hope NO

Shouldn't treat your finance that way too.

With Bitcoin you can back up your seed phrase, in 100 locations if you want, in your brain, in safe, in safety deposit box, split up between family members or locations.
Dudes in article were ridiculously irresponsible.
funny how a few threads ago you said people keep money on exchanges but now all of a sudden its "Being your own bank"....

yes you can be the storage of your own worthless data...heavily depending on the chance that somebody in the future is willing to buy your data for $$$ and that your government will not make bitcoin illegal some time in the near future...

bitcoin and tax are just a match made in heaven no government will mind exchangers are bound be free forever to let you exchange

idiot...
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