Born a rebel, mom of 9, former ER/NICU/PICU/Peds nurse, now M.Ed. Spec Ed, anti-vax, off grid lover, Christ follower, won't tolerate BS...
Well, I'm screwed then. I have no money, I have disabled adult kids with me for life, I'm a single mom. I have no idea how all this works (not techy at all) and it is incredibly confusing to the max...
VK I know you tried, you explained a lot, but my brain just couldn't follow it. I'm too old I guess to really understand this. And it seems really scary to have 'money' that is held online somewhere that could disappear at any moment. What prevents us from losing money this way? I hear about this coin or that coin disappearing and people losing A LOT of money and I go cold all over. I can't afford to lose money, I can barely make it paycheck to paycheck.
What happens to people like us, if the 'wealth is redistributed' through XRP? If that is the only way to see any money coming my way, then I'm screwed.
Thanks for trying to help others get some of that money, and you did try hard to explain, I remember. Some of us just can't make it happen for one reason or another :(
#FamilyIsEverything. APL = 5.65/10 *Authorized conspiracy theorist *Not an authorized preacher.
You aren't screwed Patriot. What I suggest comes with a risk. A risk I have no control over. There is a layer of security that Banks provide that isn't possible yet with digital assets. Holding your own digital assets and securing them is a BIG responsibility and you could lose it all. There are scammers everywhere. It's the reason I didn't push this topic harder and say *I am not a financial advisor. Just following patterns. Again you are not screwed.
VK, please please answer this, I'm stuck !!! What do we do with the ca$h that has been taken out of the bank for years, because we thought banks would just close ?
Do we need to take it ALL back to the bank or will there be a crypto ATM they we can put our physical ca$h into to exchange for crypto?
Invest in Gold, Silver, Crypto, stay with some cash in case there is a cyber attack and/or the banks debit/credit cards system goes offline when you go to buy food. Uphold or Coinbase to buy cryptocurrency. Purchase one of the wallet Ledger, D'Cent, Ellipal ect. Move your crypto so you can self custody. Make sure that what you buy has the wallets approval on self custody. YouTube has video information on how to transfer your funds to the wallet. Hope that helps God bless 🙏
Thanks Rod, we have done all of that but I want to know what will happen to physical cash being held. Will we be able to convert this cash elsewhere in the near future without the
'Spanish Inquisition' of the banks asking where you got it from ?
That's great news that you have done it. I don't know what will happen with the cash being held by us, I just think about what happened in Venezuela the people started to throw the money to the streets cause it didn't had no value so if that came to happen here I just take it as a loss.
Ohhh ok. Thats not good ☹
Thanks for your reply 👍
