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npub1atrf...78nh
npub1atrf...78nh
>buy bitbox2 >they release bitbox2 nova fml How often do you refresh hard wallets?
Consider the following scenario: As an average Joe, how am I supposed to manage my BTC? - My BTC are KYC'd because that's the easiest way to buy BTC - I never transact with it, just hodl - When I'll have to sell to fund a large purchase (a house, renovations, medical bills etc.), I'll have to deal with UTXOs, tax from the government, AML questions (risk for suspension) when trying to transfer a massive gain in fiat value to my bank account. /end scenario How do I best explain how to mitigate the drawbacks of all of these points to an average Joe who wants to invest in BTC because he's getting shafted by the central bank?
npub1atrf...78nh 11 months ago
What happens to the BTC network once mining stops becoming profitable? Will transaction costs be enough, considering people tend to want to minimise it?