Please let me know where you have worked because I am having difficulty finding a full-time job without a degree. I have experience already in software development but it was an internship

My heart

Is it that easy to just sell bitcoins for millions of dollars and transfer them to your bank without any hassle from the government or anyone else? You must pay taxes, right?

My view on crypto currency is that it is just a bubble ready to burst any day, no different than a pyramid scheme. Well, maybe a little bit different, but it has no base in something tangible, or people working for them. Nothing reliable. But i must say it has increased a huge lot since it got released.

And explain one more thing to me: How can there be so many different crypto currencies? Can i start one too?

This post was edited by Taurean on May 8 2017 10:41am

I know right!!

My laptops pretty sweet.

The food I eat

trading in these differs a lot depending on your local law. For me its basically tax free as i've held on to them for a long time. i'm sure i paid some fees but cant honestly remember how much. either way i had like a 10,000% return on investment, so the fees are hardly an issue.

from reading your post i can tell you you're making a massive mistake, no currency (crypto or otherwise) is tied to much of anything these days(since the world abandoned the gold standard). The closest thing is that a country's currency is connected to its general economic strength, but investor confidence can sway it greatly.

bitcoin subverts this economic backing and instead just aims to make a middle ground currency that is entirely supply/demand regulated. it gets fairly complicated but i suggest you read up on crypto currencies, if you feel its a pyramid scheme ready to collapse you may be right about bitcoin specifically but you're imo dead wrong about cryptos overall. they will eventually overcome the world's currencies and become standard. The Euro has already begun this process, things like credit cards and online payments make it even easier.

This post was edited by thesnipa on May 8 2017 10:57am

Agree with some things and not sure about others - but thank you for an intelligent answer.

For me it was the house I just bought

And before that weed was by far my best investment, It was the easiest money I ever made

This post was edited by DALTONG on May 8 2017 11:27am

think of it this way.

Let's say Venezuala get's overturned by the rebels and the entire govt gets replaced, what will happen the next day to the currency of the country? Will you be able to buy ANYTHING in a neighboring country with it? No, it will be useless there. Will you be able to convert the money at the border? maybe, but at a drastically reduced rate. Will you be able to buy things in the country? maybe, and the inflation will be insanity.

Now imagine a world in which everyone uses "credits" instead of 200+ different types of currency. If one country collapses, or on a more micro scale if a crop fails, if a company goes under, if a war starts, etc, the currency retains its general value and people can still buy bread in bad times without it costing 10x what it did the day before.

This post was edited by thesnipa on May 8 2017 11:56am