@The.hifi.crypto

@the.hifi.crypto 2 years ago

(comment) Completely agree. That’s the main reason I don’t think centralized NFT exchanges are the true way to go

@the.hifi.crypto 2 years ago

(comment) Valid additions and I appreciate you bringing up both points. Too many people think that all blockchain consensus mechanisms are the same from an efficiency and security standpoint, and that’s sim...

@the.hifi.crypto 2 years ago

(comment) Thank you and I’m glad you enjoyed it. All currencies should take a page out of Bitcoin’s book, at least until Bitcoin successfully replaces them.

@the.hifi.crypto 2 years ago

(comment) I appreciate the positive feedback! And yes, you’re right. There are a variety of other factors that also influence Bitcoin’s price.

@the.hifi.crypto 2 years ago

(comment) You don’t have to have “proper education” in order to give financial advice. You think that the SEC, CFTC, or any other enforcement agency stops to check someone’s degree or background before suing...

@the.hifi.crypto 2 years ago

(comment) Even though you said “not financial advice”, it still sounds like you implied that the token might be a good buy because the price is low and nothing else.

@the.hifi.crypto 2 years ago

(comment) Yea, Walmart accepting Litecoin as its first choice just doesn’t make a lot of sense. There are several cryptocurrencies that could work much better as a payment method.

@the.hifi.crypto 2 years ago

(comment) Yes, Walmart and other companies have a lot to gain by incorporating crypto into their operations. I think we’ll see it happen more and more, even over the coming few months

@the.hifi.crypto 2 years ago

(comment) Yes, to a large degree you’re correct. It’s very difficult to get any level of true privacy in today’s world.

@the.hifi.crypto 2 years ago

(comment) Yes, my point was that there’s too much interference from devs and centralized teams within DeFi currently. If a smart contract or dApp is set up correctly, the need for a dev to step in should neve...

@the.hifi.crypto 2 years ago

(comment) Yes, DeFi applications that are quasi-decentralized, meaning they have a visible dev team, are going to struggle a lot more that dApps that are fully autonomous

@the.hifi.crypto 2 years ago

(comment) Yes, blockchain is amazing technology, but it has weaknesses just like every other tech out there

@the.hifi.crypto 2 years ago

(comment) Yes, I think Jack Dorsey’s support for Bitcoin is a net positive.

@the.hifi.crypto 2 years ago

(comment) I have not verified that wallet application, so I can’t recommend for or against it.

@the.hifi.crypto 2 years ago

(comment) Yes, the governments of the world won’t leave their influence behind easily.

@the.hifi.crypto 2 years ago

(comment) Yea, I’m looking forward to the government’s influence being removed from money and finance as soon as possible.

@the.hifi.crypto 2 years ago

(comment) I agree with you. Bitcoin insurance for example would either come down to the company self-insuring with its own BTC hodlings, or purchasing replacement BTC on the open market with fiat or another c...

@the.hifi.crypto 2 years ago

(comment) Yes, there’s definitely a lot of risk involved with entrusting your keys to someone else. Hopefully, anyone who does that has properly weighed the risks.

@the.hifi.crypto 2 years ago

(comment) People who value having transactions directly written on the blockchain will pay for that.

@the.hifi.crypto 2 years ago

(comment) Converting to USD solely through the government also isn’t required by the Bitcoin law. The government is required to provide that service, but it doesn’t say anywhere that citizens can’t convert be...

@the.hifi.crypto 2 years ago

(comment) The Bitcoin law doesn’t require El Salvador’s citizens to use a centralized service or custodian. They can send their transactions directly over the blockchain if they want.

@the.hifi.crypto 2 years ago

(comment) Enjoyed reading your conspiracy theory. Not in your article, but in your comment above. So thanks for that 👍

@the.hifi.crypto 2 years ago

(comment) That is false. This is straight from the Lightning Network’s main page: “ The Lightning Network is dependent upon the underlying technology of the blockchain. By using real Bitcoin/blockchain tran...

@the.hifi.crypto 2 years ago

(comment) Appreciate the positive feedback and I’m glad you enjoyed it.

@the.hifi.crypto 2 years ago

(comment) Yes, in an interest scenario, I’d be hopeful that Nexo is able to open up all features to U.S.-based users and that they don’t pull the rug on interest rates.

@the.hifi.crypto 2 years ago

(comment) I too try to buy as much as I can when the price dips. Good luck on your investing!

@the.hifi.crypto 2 years ago