Here is what I do. Every paycheck, I pull the

Question

Here is what I do. Every paycheck, I pull the

money out from the bank and buy XLM or now XRP, that Coinbase has relisted it. I then use my Coinbase Visa card to pay bills with the crypto and buy food, etc.... What is left keeps growing my XRP & XLM. Why keep my money in the bank knowing it is a guarantee loss in purchasing power due to inflation? You can use your Coinbase VISA card at any ATM to get the cash directly from the crypto in your Coinbase account. I can use it just like a debit card at any store, gas station, etc.. I only leave enough in Coinbase to meet my needs, and transfer the rest to my Cold Wallet Trazer T. If I need more cash, I can always transfer from my cold wallet back to my Coinbase Visa to spend. Safe that why.... no bank crash, or exchange going under, always have the crypto.
Only reason I have a bank account is because my employer is still paying me in fiat currency with a direct deposit. Now ask yourself.... what price does XRP go to when more people realize and do the same as me? What happens when my employer starts paying me with XRP direct to my wallet with no bank middleman? What happens when the majority start paying from their wallet direct peer to peer without banks?

I am doing that now... that day for the majority is only as long as it takes for them to figure out what they are losing in bank fees.

#cryptocurrency #english #xrp

0

20.07.2023

6 ответов

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C Goat

Dake Past
Coinbase use bank to support your VISA card, so yo...

Bank shutdown same for u lol cash is king

0

20.07.2023

Cutsteel Автор вопроса

Dake Past
Coinbase use bank to support your VISA card, so yo...

No.. coinbase is only for the convenience of the debit card. Coinbase goes down I can still direct transfer from my cold wallet. Your argument is the same as saying... "what if the fiat dollar crashes"? How are you going to buy anything.

0

20.07.2023

C Goat

Cutsteel
No.. coinbase is only for the convenience of the d...

Think bc and bc wallet on the same server tho

0

20.07.2023

Dake Past

Cutsteel
No.. coinbase is only for the convenience of the d...

bro i just want to say that crypto developed for 1 reason to avoid BANKS!

0

20.07.2023

Tinkabellagal never PMs! Scammers PM

Dake Past
bro i just want to say that crypto developed for ...

And the technology evolved to different use cases

0

20.07.2023

Dake Past · Accepted Answer

Dake Past

Coinbase use bank to support your VISA card, so you are in 2 centralized companies, so if bank go down that partnered with Coinbase = u suck, if Coinbase go down = u suck.

0

20.07.2023

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Here is what I do. Every paycheck, I pull the

6 ответов

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