debate Did u buy crypto in PayPal yet?

[alcy]

its usa only now...so not me in Canada...but I'm curious to hear if usa folk used pp to buy it yet...and how they find it? I read u cannt transfer out cryptos .. which sucks.

I guess I can transfer in?

no talks even of allowing transfr out in future

 

[Samer]

the worst one.

i wouldnt trust them with DOGE

 

[alcy]

the worst one.

i wouldnt trust them with DOGE

hahaha
doge is rocking now actually.. u had 1k worth doge few days back...could have made it 10k..

I like doge

but why u say this... u hate pp overall or just for cryptos?

 

[alcy]

anyone?

 

[alcy]

really...no one?

 

[Samer]

hahaha
doge is rocking now actually.. u had 1k worth doge few days back...could have made it 10k..

I like doge

but why u say this... u hate pp overall or just for cryptos?

Paypal. They were never in crypto.
They only got in when they saw $$ to Square.
Square.com over Paypal anyday.
Or buy your own wallet for cold storage.
I may opt for the one sold on Ledger.com; btw what an amazing dn.. i believe in Crypto, just not Paypal.

 

[alcy]

paypal is huge only getting bigger.

300mil accnts or more.. they will hit 1bil soon enuf.

so they gotta be doing something right..whether we like em or not.. personally I never had issues.

that being said the CEO said lately they were eyeing crypto for 6yrs.. and after implementing it the demand was way bigger than expected...

obviously it's a bummer u cant transfer out of pp the crypto u buy there.. major bummer so hopefully one day they allow it..

but just be able to buy crypto fast with balance..then sell for balance...basically let's people do some quick trading...speculating
...bypass exchanges..etc ...tho I assume pp fees for this will be few times more than binance.

 

[jhm]

Trezor accommodates things just fine

 

[adoni]

It's 100% bullshit
Off chain crap
You get fake PayPal Bitcoin
You can't send out
You can't send in

It's not bitcoin

 

[alcy]

It's 100% bullshit
Off chain crap
You get fake PayPal Bitcoin
You can't send out
You can't send in

It's not bitcoin

glad u bring it up
I was just gonna post this last news..

paypal will soon allow transfer in and out of their cryptos

looks like after 1.billion people telling em what u just said..they got the msg.

 

[adoni]

glad u bring it up
I was just gonna post this last news..

paypal will soon allow transfer in and out of their cryptos

looks like after 1.billion people telling em what u just said..they got the msg.

They might be able to
They're a legit licensed money transmitter

If you got a link to pp saying that post

I doubt they will do it

They can't cover the demand

Just like exchanges

Can't cover their trades

Every exchange has a tiny allowed withdrawal amount it's all fake trades

You can wire fiat into exchanges send in tokens

Yet they all don't allow volume exits

Exchanges the worst place to hold crypto

 

[alcy]

They might be able to
They're a legit licensed money transmitter

If you got a link to pp saying that post

I doubt they will do it

They can't cover the demand

Just like exchanges

Can't cover their trades

Every exchange has a tiny allowed withdrawal amount it's all fake trades

You can wire fiat into exchanges send in tokens

Yet they all don't allow volume exits

Exchanges the worst place to hold crypto

surprising indeed..but already officially announced

https://gizmodo.com/paypal-will-let-users-transfer-bitcoin-to-third-party-w-1846982029

also announced is thry are working on their own stable coin

 

[adoni]

surprising indeed..but already officially announced

https://gizmodo.com/paypal-will-let-users-transfer-bitcoin-to-third-party-w-1846982029

also announced is thry are working on their own stable coin

Until it's on Paypal site
It's marketing PR

Like I said, they don't have enough btc to cover withdrawals neither do exchanges

It's why exchanges only allow a couple of coins out a day

Say you wire in dough, make a move on an alt coin that 50x's

You exit into btc

Now it's stuck
You can only get out 2 a day

fiat is fake digital currency

It's not rea

BTC has 18 million coins in circulation

Yet exchanges are daily trading over 10% of bitcoins in existence

They don't have the coins really

It's why exchanges only allow a crappy 2 coin a day exit

 

[alcy]

Until it's on Paypal site
It's marketing PR

Like I said, they don't have enough btc to cover withdrawals neither do exchanges

It's why exchanges only allow a couple of coins out a day

Say you wire in dough, make a move on an alt coin that 50x's

You exit into btc

Now it's stuck
You can only get out 2 a day

fiat is fake digital currency

It's not rea

BTC has 18 million coins in circulation

Yet exchanges are daily trading over 10% of bitcoins in existence

They don't have the coins really

It's why exchanges only allow a crappy 2 coin a day exit

nah.. they are too big to talk empty.. it's an when...not an if..

well fiat is not real...but at least u know its real enuf to let u buy with it in future

whereas btc can be 50k today and 5k tomorrow...

so in that sense.. btc is way less real than fiat.

it's all about volatility... something as volatile as btc cant be called real.

 

[adoni]

nah.. they are too big to talk empty.. it's an when...not an if..

well fiat is not real...but at least u know its real enuf to let u buy with it in future

whereas btc can be 50k today and 5k tomorrow...

so in that sense.. btc is way less real than fiat.

it's all about volatility... something as volatile as btc cant be called real.

Bitcoin has never lost over 90% of value, it's come close but after ATH it usually has a flash crash 25% range
Then in couple of weeks it bottoms out 50%

Then if its a bear, it goes to 75% off ATH in few months and might tank at 85%

Then it rebounds

I got my own coins now, so if someone trades into my coins with crypto, we exit as soon as we get it

We hold no bitcoin now, no reason to

ETH we need, we do lots of minting

Our wallets are our projects, the rest will come and go but our projects are entwined to our IP assets now so it's sink or swim with our coins

We can exit them if we want via NFT Art Tokens, don't need to sell off coins

The goal was to create a self efficient economy based on our decades of work

People join the network because they want to earn our coin and they're happy to use it to buy what we created over the decades and now to exit via NFT Art we create

Our films are now issued via NFT tokens

Our books

Our music

Our domains

It's all tied into crypto

Paypal started by a scammer, who started ebay, he was a notorious usenet spammer and scammer

So he was part of the crowd that got PP up and going, then you had Musk and crew involved

I wouldn't trust PP with any crypto

I guarantee you, they will severely limit large withdrawals of crypto

They have to, any exchange cannot own enough to cover their trades, it's simple math, they all trade way above what they own

Gemini
Binance
Coinbase

None of them have enough coins to cover a mass exit, it's why they limit it to a couple a day

 

[adoni]

nah.. they are too big to talk empty.. it's an when...not an if..

well fiat is not real...but at least u know its real enuf to let u buy with it in future

whereas btc can be 50k today and 5k tomorrow...

so in that sense.. btc is way less real than fiat.

it's all about volatility... something as volatile as btc cant be called real.

Bitcoin has never lost over 90% of value, it's come close but after ATH it usually has a flash crash 25% range
Then in couple of weeks it bottoms out 50%

Then if its a bear, it goes to 75% off ATH in few months and might tank at 85%

Then it rebounds

I got my own coins now, so if someone trades into my coins with crypto, we exit as soon as we get it

We hold no bitcoin now, no reason to

ETH we need, we do lots of minting

Our wallets are our projects, the rest will come and go but our projects are entwined to our IP assets now so it's sink or swim with our coins

We can exit them if we want via NFT Art Tokens, don't need to sell off coins

The goal was to create a self efficient economy based on our decades of work

People join the network because they want to earn our coin and they're happy to use it to buy what we created over the decades and now to exit via NFT Art we create

Our films are now issued via NFT tokens

Our books

Our music

Our domains

It's all tied into crypto

Paypal started by a scammer, who started ebay, he was a notorious usenet spammer and scammer

So he was part of the crowd that got PP up and going, then you had Musk and crew involved

I wouldn't trust PP with any crypto

I guarantee you, they will severely limit large withdrawals of crypto

They have to, any exchange cannot own enough to cover their trades, it's simple math, they all trade way above what they own

Gemini
Binance
Coinbase

None of them have enough coins to cover a mass exit, it's why they limit it to a couple a day

 

[alcy]

Bitcoin has never lost over 90% of value, it's come close but after ATH it usually has a flash crash 25% range
Then in couple of weeks it bottoms out 50%

Then if its a bear, it goes to 75% off ATH in few months and might tank at 85%

Then it rebounds

I got my own coins now, so if someone trades into my coins with crypto, we exit as soon as we get it

We hold no bitcoin now, no reason to

ETH we need, we do lots of minting

Our wallets are our projects, the rest will come and go but our projects are entwined to our IP assets now so it's sink or swim with our coins

We can exit them if we want via NFT Art Tokens, don't need to sell off coins

The goal was to create a self efficient economy based on our decades of work

People join the network because they want to earn our coin and they're happy to use it to buy what we created over the decades and now to exit via NFT Art we create

Our films are now issued via NFT tokens

Our books

Our music

Our domains

It's all tied into crypto

Paypal started by a scammer, who started ebay, he was a notorious usenet spammer and scammer

So he was part of the crowd that got PP up and going, then you had Musk and crew involved

I wouldn't trust PP with any crypto

I guarantee you, they will severely limit large withdrawals of crypto

They have to, any exchange cannot own enough to cover their trades, it's simple math, they all trade way above what they own

Gemini
Binance
Coinbase

None of them have enough coins to cover a mass exit, it's why they limit it to a couple a day

most people wont be taking out much crypto..or buying much.

no matter how pp started nw its xxx millions accnts and counting..so they got a rep and investors etc to keep up.. jo fake news or scams

too much to lose.

yea I'm not talking that btc is up xxxxxx % since it invented..I'm talking day to day.
too volatile.. u cant trust it as medium exchange... this is why your 1000usd is way more real as buying power and stability.

btc will die if it keeps being volatile. it's useless.

it's like a wife who says she loves u today then says she wants divorce next day..then loves u aftr..etc.... useless wife.

 

[adoni]

most people wont be taking out much crypto..or buying much.

no matter how pp started nw its xxx millions accnts and counting..so they got a rep and investors etc to keep up.. jo fake news or scams

too much to lose.

yea I'm not talking that btc is up xxxxxx % since it invented..I'm talking day to day.
too volatile.. u cant trust it as medium exchange... this is why your 1000usd is way more real as buying power and stability.

btc will die if it keeps being volatile. it's useless.

it's like a wife who says she loves u today then says she wants divorce next day..then loves u aftr..etc.... useless wife.

As I wrote in my 2014 Book on Bitcoin, it's a crappy 7TPS toy, worthless for volume transactions, and now it's just a so-called store of value, it has no utility as a transactional currency, it has value because some think it has value, in reality, it's not worth anything, can you use it in a store to buy say a cup of coffee, the trx fee could be 8 times the price of the coffee and take a day to confirm, your coffee would be pretty cold by then

So when it was new and the only game in town, we took crypto 1.0 for a while, we dumped it all around 20K ATH end of 2017

We still take it across the network and it's dumped immediately

Now ETH has utility, we do several big NFT projects, so it's the fuel of NFT trade for now

Then we have our own coins, we use them to sell NFT's and our digital stuff

Both have traffic, both have utility, they are instant and no trx fees

ETH 2.0 will go to 25K TPS this summer, that's real crypto, it puts ETH faster than Visa and the cost to run it is cheap, so low electrical use

Then when Crypto 3.0 appears, bingo 250K TPS speed and the world will run off of it

It's all about speed and no public ledger can run the world, big data of doing mega billions of transactions a day makes a decentralized ledger impossible, it will be a handful of trusted NGO's running the chain and it will clear out data monthly or it will choke on billions of daily transactions

So we are in decentralized toy dreams now in crypto 1.0, ETH has 2.0 ready and will change the game then 3.0 will be the currency the world uses to create the future, robot workers, humans generating wealth from existing not working, and humanity developing FTSOL travel so we plant flags on planets all over the galaxy

RE on other planets is what drives the future, this planets resources cannot sustain our growth curve

 

[biggie]

Hi

i looked into buying a few btc on paypal when it was $18k
but i didn't
the next few days, it spiked

now even if, at that time, you couldn't use outside of pp or for inside transactions, a profit could have been paid to your paypal account.

and it that sense, it seemed more like a non transferrable 401k plan.

now, if they do change policy and allow in/out transactions, it could increase their market share.

imo....

 

[alcy]

As I wrote in my 2014 Book on Bitcoin, it's a crappy 7TPS toy, worthless for volume transactions, and now it's just a so-called store of value, it has no utility as a transactional currency, it has value because some think it has value, in reality, it's not worth anything, can you use it in a store to buy say a cup of coffee, the trx fee could be 8 times the price of the coffee and take a day to confirm, your coffee would be pretty cold by then

So when it was new and the only game in town, we took crypto 1.0 for a while, we dumped it all around 20K ATH end of 2017

We still take it across the network and it's dumped immediately

Now ETH has utility, we do several big NFT projects, so it's the fuel of NFT trade for now

Then we have our own coins, we use them to sell NFT's and our digital stuff

Both have traffic, both have utility, they are instant and no trx fees

ETH 2.0 will go to 25K TPS this summer, that's real crypto, it puts ETH faster than Visa and the cost to run it is cheap, so low electrical use

Then when Crypto 3.0 appears, bingo 250K TPS speed and the world will run off of it

It's all about speed and no public ledger can run the world, big data of doing mega billions of transactions a day makes a decentralized ledger impossible, it will be a handful of trusted NGO's running the chain and it will clear out data monthly or it will choke on billions of daily transactions

So we are in decentralized toy dreams now in crypto 1.0, ETH has 2.0 ready and will change the game then 3.0 will be the currency the world uses to create the future, robot workers, humans generating wealth from existing not working, and humanity developing FTSOL travel so we plant flags on planets all over the galaxy

RE on other planets is what drives the future, this planets resources cannot sustain our growth curve

that sums her up pretty good imo too

so what timeline do u estimate in curious for the 3.0?

 

[adoni]

that sums her up pretty good imo too

so what timeline do u estimate in curious for the 3.0?

The ground work exists now

It's a self generated social coin

It's centralized by a handful of NGOs

It's system can handle trillions of trillions in amounts

So it can handle trillion^2 in value

World wealth is only 365 Trillion or so

The plan is get 100 million users creating $500 in the coin a day

That's $50 billion in new wealth a day

That's 15 Trillion a year

Scale it to 1 billion users

Bingo

150 Trillion in new wealth a year

That's almost double the world's yearly income

The number is really triple

The elites are the creators they earn equal to users

Then network earns same amount

So 150 trillion users
150 elite creators
150 the Network

Just 1 billion users can generate 500 Trillion new wealth a year

Then it's scale up to 8 billion users

Everyone making $100k year
The elite creators more
Then the Network

4000 trillion a year
40 times existing fiat

That ends poverty
It creates an Org with enough dough to find everything
Robots are coming
So humans jobs will be using the network

To handle 250k TPS you need crypto 3.0

That's 250k x 60 x 60 x 24
That's 21 billion transactions a day
2.5 transaction each 8 billion humans

So crypto 3.0 is total adoption
10% of that ETH can handle

So how soon do 1 billion people adopt a digital currency the gives them 100k a year ?

I say within a decade

Then another to reach almost 100% use

Bitcoin now does 350k transactions a day

ETH 2.0 can do 2 billion

3.0 is 20 billion transactions a day

How long did it take FB to reach 2 billion users?

A decade plus some

So if they were giving users $500 a day to use FB how fast would they had scaled to 2 billion?

Coin didn't exist 100 days ago

It's now top 20k Alexa usa

How soon is it top 2000 usa Alexa

Then top 200

Then top 20

Then top 2 in world

There's a few projects now with 100k TPS

Alpha zed is one

So it's here

But the public is just getting used to crypto 1.0

Crappy Bitcoin
Slow ETH

ETH 2.0 is this summer 25,k tps

100k TPS exists

When robots take over
What do humans do
They watch movies
They watch music videos
The robots will flip your burgers
So use of the Network generates wealth to pay the creators that entertain the users

Robots generate the food
Landlords n banks will have to accept the new currency or housing collapses

Musk already signaled he'll take crypto for cars

Housing
Car
Food

Pretty much all you need

 

[alcy]

The ground work exists now

It's a self generated social coin

It's centralized by a handful of NGOs

It's system can handle trillions of trillions in amounts

So it can handle trillion^2 in value

World wealth is only 365 Trillion or so

The plan is get 100 million users creating $500 in the coin a day

That's $50 billion in new wealth a day

That's 15 Trillion a year

Scale it to 1 billion users

Bingo

150 Trillion in new wealth a year

That's almost double the world's yearly income

The number is really triple

The elites are the creators they earn equal to users

Then network earns same amount

So 150 trillion users
150 elite creators
150 the Network

Just 1 billion users can generate 500 Trillion new wealth a year

Then it's scale up to 8 billion users

Everyone making $100k year
The elite creators more
Then the Network

4000 trillion a year
40 times existing fiat

That ends poverty
It creates an Org with enough dough to find everything
Robots are coming
So humans jobs will be using the network

To handle 250k TPS you need crypto 3.0

That's 250k x 60 x 60 x 24
That's 21 billion transactions a day
2.5 transaction each 8 billion humans

So crypto 3.0 is total adoption
10% of that ETH can handle

So how soon do 1 billion people adopt a digital currency the gives them 100k a year ?

I say within a decade

Then another to reach almost 100% use

Bitcoin now does 350k transactions a day

ETH 2.0 can do 2 billion

3.0 is 20 billion transactions a day

How long did it take FB to reach 2 billion users?

A decade plus some

So if they were giving users $500 a day to use FB how fast would they had scaled to 2 billion?

Coin didn't exist 100 days ago

It's now top 20k Alexa usa

How soon is it top 2000 usa Alexa

Then top 200

Then top 20

Then top 2 in world

There's a few projects now with 100k TPS

Alpha zed is one

So it's here

But the public is just getting used to crypto 1.0

Crappy Bitcoin
Slow ETH

ETH 2.0 is this summer 25,k tps

100k TPS exists

When robots take over
What do humans do
They watch movies
They watch music videos
The robots will flip your burgers
So use of the Network generates wealth to pay the creators that entertain the users

Robots generate the food
Landlords n banks will have to accept the new currency or housing collapses

Musk already signaled he'll take crypto for cars

Housing
Car
Food

Pretty much all you need

yep..and they all lived happily ever after
.... til next flood or asteroid.. and we start over.. no buggy.. happened 100s times before..

hence the pyramids.
...fairytales about god or gods... etc

 

[adoni]

yep..and they all lived happily ever after
.... til next flood or asteroid.. and we start over.. no buggy.. happened 100s times before..

hence the pyramids.
...fairytales about god or gods... etc

Look it's just a game, virtual reality

computeruniversetheory.com

creatorformula.com

Every religion has two symbols that forms the perfect circumference of earth

It's just a simple program give you the illusion of being

 

[Samer]

glad u bring it up
I was just gonna post this last news..

paypal will soon allow transfer in and out of their cryptos

looks like after 1.billion people telling em what u just said..they got the msg.

Paypal is always a dollar short and a day late.

I dont trust them.

Use Square.com, or Coinbase.com

 

[alcy]

Paypal is always a dollar short and a day late.

I dont trust them.

Use Square.com, or Coinbase.com

well u know..they all have their own interests b4 ours..so it's about picking lesser evil..this will depend.on person...some people have zero issues with paypal..kinda hard for them to dislike a place where they never had hard time.. actually that be outright stupid and illogical... like I said.. it depends on person...