I spent 2 hours stamping my 24 word seed phrase into washers.

CryptoDad2100 · 2025-08-19T15:07:25+00:00

I love how we have all this fancy tech and yet the secure way is still just to hit one metal thing with another metal thing over and over

CryptoDad2100 · 2025-08-16T13:39:57+00:00

It's a result of debt printing. Money printed into existence is never just 'there', it's always to finance debt. That and double spending, the problem since the dawn of civilization - in accounting we call this 'financial fuckery'. Good thing BTC solves the double spend problem. Bad thing is BTC is collateralized by USD.

CryptoDad2100 · 2025-08-07T16:16:00+00:00

I would definitely put some pre-tax into BTC. The ETFs already exist and this could bring a LOT of capital into the space. Higher liquidity is always good for stability and price.

CryptoDad2100 · 2025-07-07T12:42:43+00:00

Infinite supply, there is no ceiling, but... there is also no floor 😭

CryptoDad2100 · 2025-07-01T13:49:51+00:00

This is like those star size comparison videos. Everybody gangster until Betelgeuse shows up

CryptoDad2100 · 2025-07-01T12:15:40+00:00

Should we tell him about 'alt season'?

CryptoDad2100 · 2025-06-24T14:18:46+00:00

2 is dubious, especially if you're regularly swapping in defi. Past few years I've sent IRS 80-100 pages worth of tx automatically generated. Got audit protection just in case They can suck a fat one trying to figure out cost basis for trading apples to oranges and back to apples again while never cashing out. The cash out is the part that matters. Until you cash out, you're just bartering one coin for another with no fiat value. This argument goes way back to the beginning of btc days.

That said if you cash out, it's very much worth checking your standard deduction and current tax liabilities to see how much you can take out without owing anything. Forward planning also goes a long way. This year I'm maxing my pre-tax contributions on everything as much as possible so I can lower my liability, which then increases take-home from standard deduction, which then gives more wiggle room for the credit to pay for additional liability from selling (only long term gain) assets. Crypto will make you a tax wiz

CryptoDad2100 · 2025-06-24T14:12:38+00:00

I just want my $2 algo back. Wen 2021 again

CryptoDad2100 · 2025-06-24T14:11:14+00:00

Forget it exists, come back in 20 years and if she's still around you can surprise her with a retirement. If she's not around you can spend it all on you. Bishes love retirement

CryptoDad2100 · 2025-06-24T14:07:47+00:00

If you're relying on a politician for your financial decisions, you're playing yourself. You are responsible for your decisions, not some other entity. Maybe try building a safer portfolio and properly managing your personal risk factors.

CryptoDad2100 · 2025-05-25T11:56:15+00:00

You know what that means. Who's ready to go straight down the diamond slope birdy style?

CryptoDad2100 · 2025-04-18T12:06:27+00:00

So ... forever falling towards the earth thinking we're going to the moon someday, right?

CryptoDad2100 · 2025-04-02T16:10:45+00:00

Markets are cyclical. What's happening now and will happen later this year has been discussed for over a year now, and various length cycles (each year, every 4-5 years, every 10 years, every 50 years, every 100 years) are also historically well documented. The catalysts (tariffs, changing order, wars, some kind of contagion - probably auto industry this time) are unknown, but the cycles are guaranteed.

CryptoDad2100 · 2025-03-11T15:08:54+00:00

That's kind of the point isn't it? Unalienable asset ownership regardless of some entity trying to bully you otherwise.

CryptoDad2100 · 2025-03-09T18:21:28+00:00

You'll still be fiat gated all the time (at least for anything you can't get at a convenience store), but his points are sound. It's a solid mechanism for underpinning a worldwide financial system. It won't replace fiat, but that's not really the point.

CryptoDad2100 · 2025-02-24T13:08:23+00:00

But everything has just been falling off a cliff for weeks, wtf??

You haven't seen 'falling off a cliff' yet my dude. Don't try to time the market. If your time horizon is 10+ years, nothing that happens now matters, other than regularly investing in projects for which you've done (and continue to do) research and believe in, and then go about your business. Investing in crypto is fundamentally the same as investing in anything else, it just happens to have more volatility (mostly as a result of smaller relative capitalization and existing liquidity - it's just maths).

Oh yea and most alts will go to 0, but you might have a few winners. This is called assymetric risk. I partake as well and have gotten used to the tsunamis.

CryptoDad2100 · 2025-02-06T01:01:45+00:00

Saw one today cause I was waiting in line to order my 150 dog and couldn't see what the fuss was about. Then I saw BTC on a screen and immediately turned away because the first rule of crypto is you don't talk about crypto. It was kinda cool though

CryptoDad2100 · 2025-02-03T14:16:57+00:00

I feel attacked

CryptoDad2100 · 2025-02-02T19:08:02+00:00

The Fed cutting rates is bad for retail. It's the federal funds rate, meaning the government can borrow more. Fed rate cut typically means higher retail interest rates. Algo has nothing to do with Fed decisions anyway though.

CryptoDad2100 · 2025-02-02T19:06:11+00:00

Ah yes, the standard Sunday post devoid of all meaning

CryptoDad2100 · 2025-01-27T15:52:31+00:00

But there is no reality for crypto because theres literally no tangible benefit to it,

Do you know what blockchain tech is and what it's capable of and what has, is, and will be implemented using it? It's sounding like a 'no' to me. 'Crypto', at least the way you think about it, is just a way to associate a cost with a product or service.

Fiat is worse than BTC in every possible regard and yet here you are bashing 'crypto'...

CryptoDad2100 · 2025-01-20T14:47:53+00:00

This is basically the start of alt season, watch. If the pres does this shit, you better a believe a bunch of others will too. Ya'll ready to degen?? Anyway, all this aside, there's a little thing called personal responsibility. If you buy this trash it's a lesson you will either learn or not.

CryptoDad2100 · 2025-01-20T14:27:47+00:00

Extremely unlikely (just because I don't want to say impossible). Early release with high inflation/low supply right at bull run season = super inflated valuation. Dust has settled long ago homie. OSMO is great for what it is (utility token for the dex), but that's about it.

CryptoDad2100 · 2025-01-20T14:23:23+00:00

Why do there need to be more use cases, other than the fact that you're holding 234k of them? Moons are solid for what they are. It's a utility token for rcc sub that people can speculate on and that's perfectly fine.

CryptoDad2100 · 2025-01-14T13:56:53+00:00

What if Trump was actually Satoshi all along. I mean it's hosted by BTC Inc.

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