pull down to refresh
21 sats \ 3 replies \ @orange_crush 9 Mar \ on: Being expatriotic bitcoin
Good luck. I hope your strategy works out. CCP is a significant counterparty risk. Perhaps you will escape with your fortune and perhaps not. Thank you for compiling and sharing this research.
I convert most of my salary to bitcoin the moment it hits my bank account. I most assuredly will not be losing my "fortune" as you call it. I've got the metal seedplates for my cold storage in a safe with family in the states also.
reply
I am not here to judge other's bitcoin security profile, but I would caution you against providing any details, significant or not, on your keys / backups.
My point was: Your really swell time with the CCP sounds very rewarding right up until it isn't. Reminds me of so many pumpcoins, great when the exit liquidity is rolling in, and catastrophically bad when the rug gets pulled.
reply
I literally have almost NO money in China... I actually have to send coworkers dollars or euros sometimes at the end of the month just to get more Chinese currency for something unbudgeted or unexpected expense.
They don't mind because they love getting their money out of the country.
But yeah, very little rug risk
reply