the exchanges are the big thing, shut those down people are screwed unless their stuff is on a cold wallet. I currently keep my stuff in an exchange, may consider pulling out.
Would you buy into Bidenās digital dollar?
Digital dollars, on the other hand, would be traceable and programmable. The Federal Reserve (or some other designated entity) would have the ability to create more digital dollars whenever it sees fit, and, depending on how the legislation is written setting up the currency, the dollars could be formulated to have various rules and restrictions built into their design.
For example, a digital dollar could be crafted to restrict fossil-fuel use, to give bonuses to people for spending at particular businesses, to enact de facto price controls by disallowing users from spending too much on particular products, or even to redistribute wealth.
In one report about the development of a central bank digital currency published by the Federal Reserve in January, the Fed outlined a few examples of possible ādesign choicesā for a digital dollar, including that āa central bank might limit the amount of CBDC an end user could hold.ā
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Iām not sure if I would unless I was incentivized to, like it says ābonusesā. If I can buy say my groceries and save 15% or something.
As far as tracking goes I use my CC for literally everything, even my property taxes and IRS taxes, the small fee is worth stacking airline miles, so as far as being tracked Iām pretty much always tracked anyways. Yesterday was the first time Iāve used cash in probably 6 months (busy ass bar, just easier).
I donāt even use the digitcal currency I have now, I just keep HODLāing hoping I can unload it in the future for big FIAT dollars.
I guess Iād be willing to do whatever increases my net worth.
EDIT - Iām assuming it would be legal tender then.
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another exchange takes a shit, bitcoin down to 15k
I havenāt looked but I bet Iām still up 
Apparently anyone who has invested since 2017 is now down lol
but everything including the stock market rocketed back up this morning so who knows
I know a lot of people get on crypto when it drops but it seems to correlate to the stock market pretty well.
BTC is down 60% from its ATH, which is still better than Netflix, Meta (facebook) and a lot of other well known stocks.
FTX DEAD, Gemini haulting rewards withdrawls, BlockFI DEAD
I left all my stuff on coinbase. If they go under the industry is over so no point in moving it off
@boxxa I hope you made millions and got out a long time ago!
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Tell us where you are now
so iām getting text messages that there is a sex tape between SBF and the girl heading up almeda that was leaked on POL today with a more complete version coming out later this week.
this whole thing is a head shaker.
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I thought everyone used binance
but on a serious note, Binance was originally a Chinese company but moved out of China. CZ (their ceo) has been criticized for being a bit shady. Their books are not audited and it is believed they have more liabilities than assets to cover said liabilities.
Coinbase is a publicly traded company scrutinized by the SEC. They have a 1:1 asset to liability ratio
if coinbase goes under youāll be able to buy a bitcoin for 2010 prices.
wow didnt know that. Just used them because they had cheaper transaction prices
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I use them because of their sweet dark theme
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āDarling of Alt Rightā
lol
Hilarious
Former CEO of FTX arrested. My boys Tyrone & Cletus is waiting for him down in Guantanamo Bay. Cock meat sandwich for three meals a day.
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Iām surprised the number isnāt higher. Thereās a new coin generated every couple of hours usually, a lot of stuff having to do with whatās going on in the news as pump and dumps.
Latest one was about the FTX CEO being jailed, cant remember the coins name.