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BITCOIN

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  • Scottex99
    Scottex99 Posts: 811 Forumite
    Ninth Anniversary 500 Posts Name Dropper Photogenic
    Own a truckload of diff crypto assets but mainly stack BTC and ETH and good DeFI projects.

    Have some individual stocks but a fraction of the value that I have in crypto 

    Have a property in UK too for boring long term
  • Adyinvestment
    Adyinvestment Posts: 371 Forumite
    Fourth Anniversary 100 Posts Name Dropper
    edited 26 June 2021 at 12:38PM
    Scottex99 said:


    In 10 years it will be like talking about banking
    Agree with this.

    I am amazed at the Crypto adoption rate which is happening at a faster rate than the internet! Currently arround 150 million (one source is quoting 300 million) users and predicted to be a Billion users before 2024 

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  • Type_45
    Type_45 Posts: 1,723 Forumite
    1,000 Posts Fifth Anniversary Name Dropper Combo Breaker
    I don't agree for the reason that the IMF, the globalists, and the puppet national governments do not want us to have our own money.

    In fact, they are even going further than that...

    You will use THEIR crypto and they will control what you can spend it on.

    The future is not more freedom and your own money. The future is being controlled, being monitored, and being told what to do and when to do it.
  • Scottex99
    Scottex99 Posts: 811 Forumite
    Ninth Anniversary 500 Posts Name Dropper Photogenic
    Maybe yep but you can't actually stop the decentralised networks, you can't put code in jail.

    You can regulate a lot of the rest of it though
  • Type_45
    Type_45 Posts: 1,723 Forumite
    1,000 Posts Fifth Anniversary Name Dropper Combo Breaker
    edited 26 June 2021 at 7:07PM
    Scottex99 said:
    Maybe yep but you can't actually stop the decentralised networks, you can't put code in jail.

    You can regulate a lot of the rest of it though
    You can't actually stop people murdering each other either. But they will jail you of you do it.
  • Type_45 said:
    I don't agree for the reason that the IMF, the globalists, and the puppet national governments do not want us to have our own money.

    In fact, they are even going further than that...

    You will use THEIR crypto and they will control what you can spend it on.

    The future is not more freedom and your own money. The future is being controlled, being monitored, and being told what to do and when to do it.
    This is actually why I believe Bitcoin will be huge.

    IMF and the banking system have failed so many people, 30% of the global population don't have a bank account at all, poorer countries are starting to look to Bitcoin to solve their problems.

    Who can blame countries like El Salvador giving it a go when they have nothing to lose, I think Bitcoin/Crypto will be huge for countries in Africa etc.

    Although I admit I initially entered Bitcoin to make money, I actually think it has made me a better person!
  • Scottex99
    Scottex99 Posts: 811 Forumite
    Ninth Anniversary 500 Posts Name Dropper Photogenic
    edited 26 June 2021 at 4:25PM
    Type_45 said:
    Scottex99 said:
    Maybe yep but you can't actually stop the decentralised networks, you can't put code in jail.

    You can regulate a lot of the rest of it though
    You actually stop people murdering each other either. But they will jail you of you do it.
    Good luck putting those smart contracts in the slammer
  • Type_45
    Type_45 Posts: 1,723 Forumite
    1,000 Posts Fifth Anniversary Name Dropper Combo Breaker
    These are my investment splits at the moment. 

    I am now focused on increasing the cash for the rest of the year so the cash % will increase


  • chucknorris
    chucknorris Posts: 10,793 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 26 June 2021 at 8:51PM
    Type_45 said:
    These are my investment splits at the moment. 

    I am now focused on increasing the cash for the rest of the year so the cash % will increase


    I am only a few years away from retirement, and my retirement portfolio is currently:

    28% Equities
    21% REIT
    21% Bonds
    16% Fixed pension
    11% BTL
    3% Cash

    I invest mainly for income, so I have no interest in either precious metals or crypto currency.




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