CANUSDT
CanYaCoin / Tether USD
cryptoComposite
InactiveMar 20, 2023 8:00:00 PM EDT
0.000255USDT-5.556%(-0.000015)
CANUSDT Reddit Mentions by subreddit
Loading…
CANUSDT Mentions × sentiment
Loading…
CANUSDT Specific Mentions latest comments & posts
10K is not a large sum but 10K and cash is and unusual amount of cash to need to withdraw. And again. You CAN do it. You just need to give the banks a heads up
sentiment 0.096
Do yourself a favor and understand the difference between a COLD and HARDWARE wallet. They are different things!
HARDWARE wallets are devices like Trezor, Ledger, Coldcard. It's a computing device that has one purpose, storing Bitcoin. While the private key remains on the device (which is good), the device most likely touches your computer, which touches the internet. If your computer is infected with malware, it can potentially access your wallet, when attached.
Also keep in mind that to order an hardware wallet you must share your PII with a company that can be hacked, and for example in the case of Ledger I've seen the dataset, it's scary. You will become a target. If you buy a device with closed source software, you can not always trust the manufacturer (Coldcard).
Also never forget: your coins are NOT in the wallet, they are on the blockchain. Only the private key is in the wallet. If you lose the private key (or seed), the wallet is not going to do shit. I personally moved away from a broken Trezor (that I got as a gift by the way, I would never buy something like that) by using the seed, it's an eye-opener.
COLD wallets are wallets that do NOT touch the internet. You generate the keys offline on a device without connection. You can have a view-key (key without spending rights) on an online device to check the balance. You can send coins from any hot wallet to the cold wallet using a public key (address).
To get coins from the cold wallet to the hot wallet you generate an unsigned transaction first. then copy the transaction file to the offline device with the cold wallet, sign the transaction, copy the signed transaction back to the online wallet, and then broadcast it. A very good tutorial on how to use a cold wallet correctly is here: [https://electrum.readthedocs.io/en/latest/coldstorage.html](https://electrum.readthedocs.io/en/latest/coldstorage.html)
Doing a cold wallet the hard way costs you time, but no money. And your PII will not end up in some corporate database.
A last word of advice: **use 2 wallets.** a cold and hot wallet. Keep your big bucks in the cold wallet and keep a smaller amount (that you can afford to lose) in the hot wallet. If you only go from cold to hot once in a while, it's worth the extra steps. Don't keep your entire net worth in a Trezor, they CAN be drained if you are not careful.
sentiment -0.894
SELL NOW SO I CAN BUY LATER
sentiment 0.000
The world isn’t priced in BTC as (1) its still early and (2) it will always be relative to currencies since that’s what economies are priced in. The point is that it will grow relative to the currencies as it’s not the one being debased.
Currencies are the intermediary in the marketplace. It allows unlike items to be traded via a common medium. I don’t think you’ll ever see things priced in BTC because it would require the entire world economy to be based on it, which isn’t going to happen because under Gresham’s law you’d be foolish to spend the hardest money available as it’s highest and best use is to be the ultimate store of value. Like we don’t walk around and pay for things with gold or silver anymore because paper currencies became the intermediary and gold and silver were used as stores of value. Prices will always be valued in the intermediary, and there isn’t a valid argument for BTC being the intermediary as it’s much more valuable than that use.
I saw all of that while knowing it’s vitally important that it CAN be used that way, but ultimately it SHOULDN’T be used that way. It’s just not logical.
sentiment 0.810

