:stonk
anyway this man is a rank amateur
if you look on coinmarketcap now, with most crypto investments you could have lost almost half your money in only a week 💎👐 🚀
It'd take at least a couple days of withdrawing the maximum amount from my bank account. Or I could just burn a cashier's check I guess.
Coinbase has 100's of millions in loans in real money backed by Bitcoin as collateral.
With 8% APR and the decrease in value of Bitcoin some folks likely owe quadruple or more what they originally loaned from just last week.
Coinbase is going to go bankrupt. No way in hell even 10% of those loans get paid off.
These are rookie numbers, I lose half my money with every grocery trip
That's why I simply never pay bills. I feely expect this will will never have any negative consequences for me and be a cool plan.
That brain when you never heard of i bonds
https://www.treasurydirect.gov/indiv/research/indepth/ibonds/res_ibonds_ibuy.htm
