this post was submitted on 25 Jun 2024
73 points (95.1% liked)

Ask Lemmy

26734 readers
1429 users here now

A Fediverse community for open-ended, thought provoking questions

Please don't post about US Politics.


Rules: (interactive)


1) Be nice and; have funDoxxing, trolling, sealioning, racism, and toxicity are not welcomed in AskLemmy. Remember what your mother said: if you can't say something nice, don't say anything at all. In addition, the site-wide Lemmy.world terms of service also apply here. Please familiarize yourself with them


2) All posts must end with a '?'This is sort of like Jeopardy. Please phrase all post titles in the form of a proper question ending with ?


3) No spamPlease do not flood the community with nonsense. Actual suspected spammers will be banned on site. No astroturfing.


4) NSFW is okay, within reasonJust remember to tag posts with either a content warning or a [NSFW] tag. Overtly sexual posts are not allowed, please direct them to either [email protected] or [email protected]. NSFW comments should be restricted to posts tagged [NSFW].


5) This is not a support community.
It is not a place for 'how do I?', type questions. If you have any questions regarding the site itself or would like to report a community, please direct them to Lemmy.world Support or email [email protected]. For other questions check our partnered communities list, or use the search function.


Reminder: The terms of service apply here too.

Partnered Communities:

Tech Support

No Stupid Questions

You Should Know

Reddit

Jokes

Ask Ouija


Logo design credit goes to: tubbadu


founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 17 points 4 months ago* (last edited 4 months ago) (4 children)

Yup. I can. I have around 1/20 of a Bitcoin, so the amount I have should be worth about $3,000 USD (unless the price has crashed since I started writing this post. 😈)

Cashing it in would make me feel dirty. It's basically just handing the bag to the next bagholder. (Though, I'm not really a baholder per se. I'm not really invested to speak of. The only investment I made to get this Bitcoin is to leave my computer on for like a month or less.) Feeding the ponzi monster, as it were.

But then again, it's $3,000.

As much as I hate myself for admitting it, the possibility that the price will climb a little higher is probably part of why I didn't trade it for real money back in late 2021 when the price of a Bitcoin was so high.

But, yeah, you're probably right I should just sell it. Maybe I'll just make whoever I sell it to promise they're not giving me next month's rent or their kids' college fund. Lol.

Edit: Ok. You've inspired me to make a post asking other crypto-skeptics what I should do with it.

[–] [email protected] 14 points 4 months ago (1 children)

If it’s any consolation, I just use bitcoin to convert to Monero to buy drugs. So in a way there is an actual use for it 😊

[–] [email protected] 1 points 3 months ago

Why drugs? VPSes, domains and gift cards are the legal things I can think of. Monero has been massively helpful to me with those while I cannot use my card)

[–] [email protected] 6 points 4 months ago

You could donate it to some financial literacy nonprofit if you want to be rid of it without feeling dirty.

[–] [email protected] 3 points 4 months ago

It's crazy how this amount could actually change my life right now. At some point I did also have 1BTC but decided to gamble it all away because I thought it would never have any actual value so it didn't matter.

[–] [email protected] 2 points 4 months ago

I bought $270 worth that is now worth about $1,700. I have no idea what to do with it.