RichC | November 19, 2021
How about mining Bitcoin and heating your house (room) with the excess energy/heat? For small room portable heating and cryptocurrency mining this looks interesting (although personally I’d rather install solar panels and sell electric power to the grid), check out the Heatbit website.
RichC | November 5, 2021
Although I’m not an all-in cryptocurrency buyer, trader or investor (pick your poison), I do own and am accumulating small amounts of different crypto. After a fair amount of reading this past year, my conclusion is to use a reputable cryptocurrency exchange like Coinbase Pro, Coinbase (disclosure: I own $COIN stock), Uphold or Interactive Brokers […]
RichC | October 23, 2021
It is probably inevitable that we will all be using cryptocurrency someday. The early adopters are already immersed and getting comfortable investing and trading it … perhaps too comfortable??? Risks of Leaving Cryptocurrency in Exchange A brief look at the history of Bitcoin and cryptocurrencies reveals why it is dangerous to leave your crypto funds […]
RichC | August 15, 2021
For decades now I’ve had a fairly positive relationship with both business (CPP) and personal banking … and particularly with local banks. I grumbled the 1990s when multiple bank mergers forced out the manager I worked with in NE Ohio. He knew me by name and often pulled me aside to see if there was anything […]
RichC | April 25, 2021
Although I’ve owned a small amount of Bitcoin in a cryptocurrency account for a while now, I’ve been wanting to attend a primer on the subject. Thankfully Barron’s offered a free webinar hosted by Beverly Goodman and explained by Grayscale’s Michael Sonnenshein. It was great fill in some of my knowledge gaps, but my question […]
RichC | March 25, 2021
For the most part, I’m a conservative investor, although a regular channel trader, and I rarely speculates on risky upstarts, IPOs, zero-profit tech stocks, pharmaceutical long-shots or the latest crazy … cryptocurrency trend. Since most “risk” involves speculation, I see it more akin to gambling than eyes-open informed value or growth investing … both which […]
RichC | February 18, 2021
Almost 1 year ago, I started to use the Chromium-based Brave Browser and an Uphold account to receive the BAT (Basic Attention Token). I convert to Bitcoin along with the income generated on MyDesultoryBlog.com … which currently seems to be the digital currency of choice; I really did it just for the fun of it […]
RichC | December 6, 2017
So much for using Bitcoin as a cryptocurrency? How does one set prices for products and services "in Bitcoins" when there isn’t any stability of value? So much for using it as currency … more like gambling or speculating on artwork as these bits of invisible computer cyber bytes continue to find pyramid scheme buyers. […]
RichC | November 30, 2017
As someone who had an early interest in cryptocurrency as a replacement for product and services exchange, the recent rise of Bitcoin is nothing more than frightening. Supply and demand obviously has traders of this public ledger block chain protected transaction “currency” excited and like all manias, is concerning since eventually trading profits will be […]
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