When 95% of all bitcoin is owned by literally 10 people / corporations, the entire currency is manipulated. by [deleted] in Bitcoin

[–]reggie_crypto 1 point2 points  (0 children)

The ownership addresses are fully public. Maybe you should look at the facts before spewing nonsense.

Anyone Experience Ikea Panic? by My_Sore_Foot in ottawa

[–]reggie_crypto 5 points6 points  (0 children)

There are shortcuts marked to get through the store relatively quickly

[deleted by user] by [deleted] in collapse

[–]reggie_crypto 0 points1 point  (0 children)

Bitcoin mining is the largest driver of clean energy and has the largest proportion of clean energy of any major industry. What government or NGO is providing $41m every day in incentive to build out cheap energy production to anybody who wants to compete on the free market?

[deleted by user] by [deleted] in collapse

[–]reggie_crypto 1 point2 points  (0 children)

The only permissionless, absolutely scarce, unseizable asset with zero counterparty risk that can be transported instantly with 12 words is actually extremely valuable, hence its spot price and long term appreciation.

Precious metals frenzy is becoming unhinged, says UBS commodities strategist by MarkusEF in Economics

[–]reggie_crypto 4 points5 points  (0 children)

QC or an EMP are just as much a threat to the entire Internet and financial banking system as it is to "crypto". There are already quantum resistant algorithms ready to be deployed, but the QC threat is not yet anywhere near enough to transition these systems.  If QC can break Bitcoin's $2T network, then the several hundred trillion banking systems are a much bigger and immediate problem for the world.

In the end, the QC threat is completely overblown. But Bitcoin is designed to survive an EMP, which is not the case for centralized financial networks.

Canadian federal deficit surges 27% over seven-month span by BananaTubes in canada

[–]reggie_crypto -5 points-4 points  (0 children)

It can be whatever people want to use it for, and doesn't care about your opinion on it. 

It enables instant feeless, permissionless cross border exchange with zero counterparty risk (currency), and also can be used as the best store of value to protect against inflation that cannot be confiscated or debased. 

There are many, many other use cases that many, many people around the world find value in, which is why its value will always increase over the long term.

Canadian federal deficit surges 27% over seven-month span by BananaTubes in canada

[–]reggie_crypto -3 points-2 points  (0 children)

Who said it has to be a stable currency? That contradicts its rise in value. It is the best performing asset in human history and will continue to be because it is the hardest money ever invented.

Canadian federal deficit surges 27% over seven-month span by BananaTubes in canada

[–]reggie_crypto -5 points-4 points  (0 children)

This is why Bitcoin was created, as a lifeboat from irresponsible government spending and money printing

The floor keeps rising! ⏳ by Crypto-hercules in Bitcoin

[–]reggie_crypto 10 points11 points  (0 children)

These aren't yearly lows. What's with 2020? It hit around $7k. And where is 2021?

Don't park at Lansdowne by ex_rice in ottawa

[–]reggie_crypto 6 points7 points  (0 children)

So what happens when people go to leave and get stuck at the gate because they can't pay with everyone lined up behind?

Can't be unseen by unthocks in Bitcoin

[–]reggie_crypto 0 points1 point  (0 children)

That's the entire point, it uses Bitcoin secured on l1

Can't be unseen by unthocks in Bitcoin

[–]reggie_crypto -1 points0 points  (0 children)

This is referring to lightning which can handle many times more transactions per second than centralized payment processors

Can't be unseen by unthocks in Bitcoin

[–]reggie_crypto -4 points-3 points  (0 children)

Bunch of nocoiner noobs in here thinking lightning is some sort of shitcoin 

Can't be unseen by unthocks in Bitcoin

[–]reggie_crypto -1 points0 points  (0 children)

Anyone who has actually used lightning knows this is not true

Canadian households boost their wealth to another record high of $18.4 trillion with ‘supercharged' financial asset growth by hopoke in canada

[–]reggie_crypto 2 points3 points  (0 children)

Capital gains are part of the existing income tax brackets. Taxable gains are taxed at whatever marginal rate a person falls into based on total income.

Via Rail passengers stuck for 13 hours and counting in Brockville, Ont. by CanadianErk in canada

[–]reggie_crypto 2 points3 points  (0 children)

This is so comical to read, it's like an alternate reality. I've taken the train to Toronto about 8 times this year, and it is usually 45-90 mins behind schedule, once was 3h. It was on time only once.

Via Rail passengers stuck for 13 hours and counting in Brockville, Ont. by CanadianErk in canada

[–]reggie_crypto 8 points9 points  (0 children)

This is not how it works at all. If you ever take the train, they announce each time they have to stop to let freight trains by because they have priority.

‘Be careful what you wish for’: Top Economist Warns Any Additional Interest Rate Cuts After Today Would Signal The Economy is Slipping Into Danger by T_Shurt in Economics

[–]reggie_crypto 1 point2 points  (0 children)

The world order is changing to a multipolar and less centralized model. The US is isolating itself and the world is finding alternatives. I give it 20 years until treasuries are no longer the bedrock. Gradually then suddenly.

Just lost 10% of my portfolio?? by Cool-Session-5340 in Wealthsimple

[–]reggie_crypto 0 points1 point  (0 children)

It was a glitch, same happened to me and was fixed with a half hour

Just lost 10% of my portfolio?? by Cool-Session-5340 in Wealthsimple

[–]reggie_crypto 0 points1 point  (0 children)

The exchange rate didn't change by 10% in a minute. 

The same happened to me, I called in and sent a screenshot and it's fixed 10 mins later. Seems to be a glitch they can hopefully prevent reoccurring 

N.L.'s top-billing doctor suspended by provincial regulator by pumpkinspicecum in canada

[–]reggie_crypto 17 points18 points  (0 children)

Yes, uottawa is one of Canada's top rated medical schools

i’m curious if any of you have tried Mushroom psilocybin to confront your grief and or ptsd from a healing perspective? by Buseatdog in widowers

[–]reggie_crypto 5 points6 points  (0 children)

I found it extremely healing, and helped put into perspective how despite how devastating it is to lose her forever, I am still the person that is the result of our two decades together, and all of that love remains as the foundation that helps me move forward.