"There's no use case" lol
They are referring to the number of Bitcoins not the dollar amount. So he is saying 200,000 whole Bitcoins will become worth 3 trillion dollars in 2045. That implies a Bitcoin price of $15 million per Bitcoin in 2045.
I listened to part of the interview of hawk’s managers trying to cover their ass on twitter.
I guess they could face sec charges of manipulation but I have zero sympathy for the guys that bought hawk’s meme coin and lost money
I guess they could face sec charges of manipulation but I have zero sympathy for the guys that bought hawk’s meme coin and lost money
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Strike now has bill pay from bitcoin and direct deposit into bitcoin. I can now live with 0 fiat balance
Brother you don't think maybe you're turning an investment into something a lot more than it should be?
It’s just better money for me, not an investment. I’m not recommending a 0 dollar balance for anyone that has to ask why. The tools exist though, when you’re ready.
I’m a psycho, what can I say.
Wow game changer, how does a person do a direct deposit?
It only applies if you work for someone else. You used to fill out a paper with HR with the routing number and account number of the bank you want your pay sent to. Now you just fill out a form online.
JayR
Heritage
So my employer sends my paycheck in dollars to Strike, and Strike converts it to Bitcoin? I can then use Strike Bill Pay to pay my utility bill -- they convert some of my Bitcoin back to dollars and send those to the the light company?
That's cool, I guess, but what is the advantage to just staying in the dollar-verse for paychecks and bills, and stacking BTC on the side?
You don’t lose money to inflation while your dollars sit idle for 2 weeks in the checking account (which is what I was doing.). Instead of $10k sitting there losing value until I need it to pay bills, it can all go into BTC, stay there until the moment I need it, then immediately and automatically convert to fiat. If the average annual increase is 50% (over the last 5 years….average of 196% over the last 10,) then I’m saving almost $5k a year by having a 0 balance in fiat.
Yes the strike app has a slider that you can change the percentage of your direct deposit from 100% fiat to 100% BTC and everything in between.
The bill pay works from your billers site. Set up automatic payments using the strike routing number and acct number, and when the bill hits, strike sells just enough BTC into fiat and sends the payment to the biller. But of course if you keep a dollar balance in your strike acct you can use that too.
I put most monthly expenses on credit cards…probably 80%+ of my budget. The only thing I can’t is the mortgage. That’s a month of free money (plus rewards) that can also sit in BTC, appreciate, then I pay off the fiat balance when the bill is due a month later. So if that average daily balance is $5k, there’s another $2k/yr savings if it sits in BTC, instead of paying for things with cash or bills with the bank acct.
If you can pay your utilities with a credit card for no fee, that’s the way to do it, since you get to sit on the money in BTC an extra month. I auto pay everything I can with the CC, then just auto pay the credit card bill with strike bill pay when it’s due a month later…so the strike bill pay is only paying a few CCs and the mortgage, the CCs are paying every other monthly bill.
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We probably should have listened to him
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More news about alph
They are partnering with an energy company giga tech. They are an Arab energy company and like alph for its energy efficiency. They picked alph to partner with for their projects , not ethereum or solana, definitely not sui or kaspa. I have no idea how high the market cap will go. I sold half my bittensor Tao to buy more alph.
According to the alph devs the tier 1 exchanges are lining up to list alph now. I have no idea what the market cap will end up being because there’s nothing to compare this to. Except to say its last chance to load up on alph at a relatively cheap price
They are partnering with an energy company giga tech. They are an Arab energy company and like alph for its energy efficiency. They picked alph to partner with for their projects , not ethereum or solana, definitely not sui or kaspa. I have no idea how high the market cap will go. I sold half my bittensor Tao to buy more alph.
According to the alph devs the tier 1 exchanges are lining up to list alph now. I have no idea what the market cap will end up being because there’s nothing to compare this to. Except to say its last chance to load up on alph at a relatively cheap price
Interested - what exchanges / dex would you use to grab a bag?
I used mexc. You can buy on uniswap (the decentralized exchange) on eth chain if you don’t have access to any of the exchanges
Gate.io, Bitget and coin ex are the other exchanges its currently on
If you buy on mexc, gate.io, Bitget or coin ex then store on the Alephium wallet (its a hot wallet), using the Alephium chain or if you buy on uniswap you can store in tangem or whatever wallet you store ethereum coins
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FYI - Make sure you stay on top of your crypto exit strategy for your region.
^Get right, sit tight, exit right. From a couple of younger guys I've heard stories about "tard-fi" banks screwing up their exits. One bank refused to accept crypto exchange transfers (that's now changed) and held deposits for a month before releasing funds.
Just exit to BTC instead of your local government slave token.