@shakepay A hot wallet is on your phone or computer and connected to the internet. Only keep as much money as you’d carry in a physical wallet.
A cold wallet is not connected to the internet. To steal your money, somebody would have to be physically with the device.
Shaketag: lucjohner
@shakepay, for the past two days, my daily purchases have gone through twice. As much as I appreciate the push to stack more, it would be nice to not buy double without knowing. Any help? My shaketag is lucjohner.
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In the coming years, we will hear more and more about Central Bank Digital Currencies. Know that it will be a more corrupt and invasive system than the current one. They will be embraced by the people who don’t understand. Folks think it will obsolete #bitcoin. They are wrong.
@MikeMcC1962 That makes sense if the big dogs were to sell back into fiat. But they can’t keep repeating that move. There are lots of people who will buy cheaper BTC if they do. The distribution will even out over time. They can manipulate price, but they don’t have more control of bitcoin.
@MikeMcC1962 I’d buy one. How much? 😂
The market controls the price just like with stocks, housing, basically anything. I fail to see how this gives any control to someone holding a lot of bitcoin.