This is one of the fundamentals of Bitcoin, if not the biggest one - an alternative monetary system to fractional reserve banking.
At the very least, itโs nice to see Bitcoin not act as a risk-on asset that just correlates with the Tradfi.
These insights are nice in a bull phase, pretty psychologically challenging in a protracted bear market. I turned most of my Coinbase alerts off, does Revolut let you opt out too?
I did my first swap via a dex and Metamask and honestly the hassle wasnโt worth it nor the stress I could have accidentally swapped for a scam coin or sent to the wrong address.
Coinbase or similar (even with the lawsuits currently) is the easiest and safest way to get involved and such. And thatโs the way if ever it will take off.
The other ways are just less safe and cuberssome, swap this to this network, swap to this to connect to that โฆ etc
Banking is far superior in my eyes even with additional fees
Quite an interesting article in The Times today. Reports on upcoming changes to UK regulations as well as outcomes from a survey of 2300 UK crypto owners.
If this is paywalled, itโs probably also reported elsewhere
Because someone doing their own research and finding something off Google is acting on their own initiative, broadly speaking.
Compared to someone signing up from a referral because they werenโt particularly interested but their mate press-ganged them into it.
Oneโs push, the otherโs pull, and the distinction can be considered vital. Granted, thereโs the niche group of โWill Google first and then search for referral codes to save moneyโ, but thereโs no way to not take them out as collateral when serving the main aim of โprotecting suckers who otherwise wouldnโt have got involvedโ.
Whilst I donโt understand the banning, I think at least in the past most of the shares offers werenโt invest it was usually top up your account wasnโt it? FreeTrade certainly was in the past, and then you got a free share.
I guess Crypto you had to make a purchase. I suppose itโs probably more due to people not having a clue and being scammed over the phone or losing money at a rapid pace.