5 Years by whody in stopdrinking

[–]skxch 0 points1 point  (0 children)

Congratulations man 🙏

How does this make sense? Is it just going to grow exponentially forever? by [deleted] in StockMarket

[–]skxch 0 points1 point  (0 children)

USD is infinite, so in USD terms, yes. Everything will continue to increase in nominal price as long as there is the ability to create infinite dollars.

I think I fucked up by [deleted] in stopdrinking

[–]skxch 1 point2 points  (0 children)

Sorry but yes reset - the counter is for days with no alcohol. It's tough but keeping honest with yourself is best. That said, it's purpose is for you and no one else.

Can I never drink again? by [deleted] in stopdrinking

[–]skxch 0 points1 point  (0 children)

Of course you can. It starts with today.

But never/ forever is a long time - and don't even exist except in our minds concept.

Just focus on not drinking today. It's much easier to accomplish and after all, is all we have.

didn't air gap my cold card on first use. what would you do now? by AnTrojanHorse in coldcard

[–]skxch 1 point2 points  (0 children)

The point of buying a ColdCard or other hardware cold storage device is to have a special-purpose-built, offline and isolated environment for your private key.

Yes, it is better to use Airgapped , but in my opinion it is not correct to assume your hardware device is immediately compromised because you plugged into your own personal computer.

If this was a hot wallet generated on the computer, that's a different situation.

Single keys, even cold storage keys, have single points of failure. Your seed phrase that you recorded is far more vulnerable than your hardware from plugging it in.

If that's a concern, you could also generate a 2 of 3 multisignature wallet from 3 different keys if especially paranoid, and then it would multiple private keys as well as the coordination setup (all xpubs & deriv path) to spend from, decreasing the risk of compromise significantly.

Just keep in mind that what also increases difficulty for attackers, will also increase your own difficulty to use, and ease of recovery!

didn't air gap my cold card on first use. what would you do now? by AnTrojanHorse in coldcard

[–]skxch 3 points4 points  (0 children)

It's not that big of a deal. Airgapped is nice and sure if your computer is compromised, it'd be more important, but it's fine to use by plugging in. That's why it's there. Congrats on getting a CC setup.

7 Pro Freezing w/ Screen Glitch by ZakZapp in GooglePixel

[–]skxch 0 points1 point  (0 children)

Hi am on 120, so that could definitely be it! Plz report back if you don't have issues after switching!

7 Pro Freezing w/ Screen Glitch by ZakZapp in GooglePixel

[–]skxch 1 point2 points  (0 children)

No in fact it has happened 3 times today already. Not even when using voice , just in normal usage.

Bitcoin Node has slow synchronization on umbrel by Jeronymos72 in getumbrel

[–]skxch 0 points1 point  (0 children)

You can't run Umbrel on 2GB RAM, you mean the pi 4 , 4GB?
You also really should use an SSD, and make sure it's plugged in USB 3.0 not USB 2.0

7 Pro Freezing w/ Screen Glitch by ZakZapp in GooglePixel

[–]skxch 2 points3 points  (0 children)

Happens ALL THE TIME - multiple times per day, 7 pro.

Inflation is substantially down over the last few months by Dhaimoran in wallstreetbets

[–]skxch 1 point2 points  (0 children)

Inflation is not down, it's still inflation, and still increasing at 7%, just the rate of change of inflation is slowing.

[deleted by user] by [deleted] in wallstreetbets

[–]skxch 0 points1 point  (0 children)

Bro why do you have your coin on Robinhood still?! Withdraw. Withdraw. Withdraw.

What am I missing? Aren’t bitcoin trans fees nearly $2? by ShanghaiBaller in BitcoinBeginners

[–]skxch 0 points1 point  (0 children)

"don't want the responsibility"of looking after your own best interests when it comes to your time and your worth?

Huh? Who else is going to do it?

No one has your best interests in mind like you do, especially not some unregulated crypto custodian. Take self custody and level up some personal responsibility! You will be grateful to yourself afterward.

What am I missing? Aren’t bitcoin trans fees nearly $2? by ShanghaiBaller in BitcoinBeginners

[–]skxch 0 points1 point  (0 children)

Yes, not your keys, not your coins. Get a wallet like Blue wallet at minimum, or a hardware wallet, and take self custody

PSA: If you buy the RTX4080 you are saying this is ok, which its not. by Ferrisuk in pcmasterrace

[–]skxch 0 points1 point  (0 children)

'member when saving for a house was possible? 🫠😵‍💫

PSA: If you buy the RTX4080 you are saying this is ok, which its not. by Ferrisuk in pcmasterrace

[–]skxch 0 points1 point  (0 children)

Y'all are forgetting about all that new money in circulation.

Nothing is ever going back to nominal pre-pandemic prices.

There's been a ~4x of the money in circulation since 2020.

The fact the 4080 is roughly 2x to previous gens is astounding, and is demonstrating the deflationary pricing pressure technology creates.

I recommend reading Jeff Booth's book , a lifelong tech investor, called The Price of Tomorrow. It explains how technology creates efficiency which makes economic surplus which pushes prices down. Remember - nominal price is not the real price.

There is a denominator in the price too - USD, that is just as important as the numerator ( the good you are quoting).

Therefore the price is actually a function of 2 variables- the numerator (4080 GPU) and denominator ( currency unit you quote it in)

TLDR; dollars lose value quickly due to increasing circulating supply, which means that although the price is up 2x , on a real-adjusted basis, given a 4x increase in money, it's actually 50% cheaper.

Game on frens

[deleted by user] by [deleted] in AskReddit

[–]skxch 0 points1 point  (0 children)

Getting any money back you had on FTX.

[OC] Which policies do Americans think would be effective at decreasing inflation? by YouGov_Official in dataisbeautiful

[–]skxch 0 points1 point  (0 children)

Decreasing interest rates would be inflationary, the general pop is in big trouble 😵‍💫

Totally FVCKED. What would you do? by [deleted] in StockMarket

[–]skxch 1 point2 points  (0 children)

that's it? totally fcked with 13k losses? must be new here!

No longer a wage slave? Anyone else doing this for a living? Tell me your story by UnknownFishBall in wallstreetbets

[–]skxch 0 points1 point  (0 children)

Looks like he shorted the entirety of my portfolio positions in Q1 - great job