• TootSweet@lemmy.world
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    4 months ago

    Yup. I can. I have around 1/20 of a Bitcoin, so the amount I have should be worth about $3,000 USD (unless the price has crashed since I started writing this post. 😈)

    Cashing it in would make me feel dirty. It’s basically just handing the bag to the next bagholder. (Though, I’m not really a baholder per se. I’m not really invested to speak of. The only investment I made to get this Bitcoin is to leave my computer on for like a month or less.) Feeding the ponzi monster, as it were.

    But then again, it’s $3,000.

    As much as I hate myself for admitting it, the possibility that the price will climb a little higher is probably part of why I didn’t trade it for real money back in late 2021 when the price of a Bitcoin was so high.

    But, yeah, you’re probably right I should just sell it. Maybe I’ll just make whoever I sell it to promise they’re not giving me next month’s rent or their kids’ college fund. Lol.

    Edit: Ok. You’ve inspired me to make a post asking other crypto-skeptics what I should do with it.

    • li10@feddit.uk
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      4 months ago

      If it’s any consolation, I just use bitcoin to convert to Monero to buy drugs. So in a way there is an actual use for it 😊

      • EngineerGaming@feddit.nl
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        3 months ago

        Why drugs? VPSes, domains and gift cards are the legal things I can think of. Monero has been massively helpful to me with those while I cannot use my card)

    • Fermion@feddit.nl
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      4 months ago

      You could donate it to some financial literacy nonprofit if you want to be rid of it without feeling dirty.

    • yum@lemmy.eco.br
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      4 months ago

      It’s crazy how this amount could actually change my life right now. At some point I did also have 1BTC but decided to gamble it all away because I thought it would never have any actual value so it didn’t matter.

    • Today@lemmy.world
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      4 months ago

      I bought $270 worth that is now worth about $1,700. I have no idea what to do with it.