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To: ConservativeInPA
"So I take the private key wasn’t brute-forced hacked. If it was, that doesn’t speak highly of Bitcoin’s encryption."

You win the FR-Innerweb award of the day. I have a couple friends brag about, a ton of people on line claiming they are killin it, I can't wrap my head around it and unless you can point me to some self paced training on it, it is right up their in wierdness as Trust the Plan/Q. Look I get it, it's a hedge against a fiat currency but it's a limited edition store of wealth and G-d forbid you loose your login key. I have enough troubles already with passwords.

88 posted on 06/08/2021 11:59:55 AM PDT by taildragger ("Do you hear the people Singing? Singing the Songs of Angry Men!")
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To: taildragger
I have enough troubles already with passwords.

You and me both, brother.


90 posted on 06/08/2021 12:05:20 PM PDT by Magnum44 (...against all enemies, foreign and domestic...)
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To: taildragger
You win the FR-Innerweb award of the day.

I'm not sure I worthy of that. I trade currency for a living by the way. Been stuck in a CADJPY trade all day and it ain't moving anywhere, have to wait until Tokyo wakes up. At least my occupation allows me to be on FR a lot.

When it comes to Bitcoin, I am semi knowledgeable technology-wise. I was in IT for 35 years and did some systems programming/security work. I am getting to know cryptocurrencies to trade - developing strategies and writing some robots to trade. They are different than normal fiat currencies and require a different strategy, but in the end it is just another financial instrument to trade. I do not view cryptocurrencies as a hedge against inflation or devalued dollar (and the USD is plenty devalued right now). Hard commodities provide that.

95 posted on 06/08/2021 1:18:38 PM PDT by ConservativeInPA (“When injustice becomes law, resistance becomes duty.” ― Thomas Jefferson)
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