VideoGameDana

I use crypto and Paypal, but sadly I can't say I've ever used crypto to pay for a good or service (unless you count transfer fees), nor have I been paid yet for a good or service with crypto. Also a lot of people are still very skeptical when it comes to crypto, but when you mention Paypal or Venmo, they are likely to know what you're talking about and even have an account. For now Paypal and crypto will have to live side-by-side, especially since we ALWAYS compare crypto to fiat, and Paypal deals exclusively in fiat. I do use Paypal, but begrudgingly. I don't like their fees, but then again I don't like BTC/Coinbase fees. I also don't like the fact that Paypal can and will freeze your account on a whim, and this could be due to a fraudulent buyer stating that they never received what they bought from you. This happened to me, after I sold $800 worth of trading cards on eBay. I paid for tracking and tracking stated it arrived, yet Paypal didn't care. They always take the side of the buyer.

I mean gambling is gambling. Whether or not it's all rigged is up to you to decide. I prefer to err on the side of caution. The house always wins in the end. I'd say if you have 10k BTC, cash it out and enjoy life on easy street. Don't risk it on a gamble.

I do not keep my crypto on online wallets or exchanges if I don't have to. Obviously if it's a faucet wallet with a minimum withdrawal, I'll leave it there until it surpasses the minimum but then I will withdraw right away. As far as exchanges go, if I feel the need to buy or sell, I will use them, but anything left over gets sent right back to my wallet at home base. There is no FDIC insurance for crypto. Putting crypyo in an exchange isn't the same as putting it in a bank. If I, a random stranger, said to you, "Let me hold your wallet for you." Would you give me your wallet? No! You'd tell me to slot off frag face!

If you don't know yet, Pi is a currently worthless crypto that you can't transfer, but it is currently in phase 1 of 4. The crypto is being distributed freely, and they will halve the rates at certain points. The first halving will take place when they reach 1M "Pioneers" and they just reached 900k. It's a 'green' crypto in that instead of wasting energy, it relies on 'trusted circles' to verify transactions. To be honest I don't even know how to explain how that works. They want to reach 100M users because their goal is to make it into a global currency. But isn't that the goal of every crypto? What are your thoughts? Is Pi going to be 'just another crypto' that goes nowhere? Will it reach the usage rates of Doge or Nano, but not quite hit big time? Or will it reach its goal of becoming a global currency that we can use anywhere, from the grocery store to the mall to Snapchat thots?