- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Coinbase facing legal reckoning as early as this week
Posted on 3/28/23 at 3:29 pm to The Baker
Posted on 3/28/23 at 3:29 pm to The Baker
quote:
Theranos, Enron, Worldcom, etc... enter the chat
Right, and like scammy crypto projects those were attempts to use fraud to get dollars. That doesn't contradict anything I said.
1
Posted on 3/28/23 at 3:34 pm to TigerIron
quote:Okay, my point was that it doesn’t matter the medium or circumstances. Scams happen everywhere and just as frequently outside of crypto spaces.
Right, and like scammy crypto projects those were attempts to use fraud to get dollars. That doesn't contradict anything I said.
Posted on 3/28/23 at 3:44 pm to UltimaParadox
They’re currencies not securities. I just bought a coke at a vending machine with my Coinbase debit card via my crypto. Don’t think i can do that with my Tesla stock.
Posted on 3/28/23 at 4:16 pm to UltimaParadox
quote:
However I do find it funny, that a lot of people still tell me I just don't understand it.
It would be hard for you and Elon to talk about Rockets, well, because you dont understand them. However, people like you know what a rocket is and how they work at a very basic level and think well, we can talk about this; but you cant...
Sure, its personal for someone to tell you that you dont understand, but its true. Damn near every time you post its wrong on how things "actually" work.
This post was edited on 3/28/23 at 4:17 pm
Posted on 3/28/23 at 4:34 pm to Smelder
quote:
I just bought a coke at a vending machine with my Coinbase debit card via my crypto.
I don’t know anything about this, so this is purely a question. Did that transaction reduce your crypto balance by the amount paid for the Coke, or just your account balance?
I’m just curious because I can buy things with my brokerage debit cards, but the transaction isn’t linked to any particular asset held in the account. Does that make sense?
Posted on 3/28/23 at 6:25 pm to JayDeerTay84
quote:
Sure, its personal for someone to tell you that you dont understand, but its true. Damn near every time you post its wrong on how things "actually" work.
Feel free to correct my posts then. And explain to me where I'm wrong
Posted on 3/28/23 at 6:34 pm to Jag_Warrior
It uses whichever crypto it’s linked to and reduces that by $1.50. It transfers the crypto to usd and deposits that into the machines acct.
I have it linked to Chainlink now for the rewards, so it just lowered my Chainlink tokens by 0.20 or whatever equals the $1.50.
So yes , with crypto you’re using the actual asset for the purchase not just what’s in your dollar acct per day.
I have it linked to Chainlink now for the rewards, so it just lowered my Chainlink tokens by 0.20 or whatever equals the $1.50.
So yes , with crypto you’re using the actual asset for the purchase not just what’s in your dollar acct per day.
This post was edited on 3/28/23 at 6:37 pm
Posted on 3/28/23 at 6:45 pm to Smelder
Gotcha. Thanks for that info.
Posted on 3/28/23 at 8:59 pm to UltimaParadox
Are you suggesting no one has? 
Posted on 3/29/23 at 2:16 am to Smelder
quote:
It uses whichever crypto it’s linked to and reduces that by $1.50. It transfers the crypto to usd and deposits that into the machines acct.
I have it linked to Chainlink now for the rewards, so it just lowered my Chainlink tokens by 0.20 or whatever equals the $1.50.
So yes , with crypto you’re using the actual asset for the purchase not just what’s in your dollar acct per day.
How is that different from using a brokerage debit card tied to your Tesla stock?
Posted on 3/29/23 at 5:06 am to Fat Harry
It’s not. It’s a dumb point.
Page 4 of 4
Popular
Back to top
Follow TigerDroppings for LSU Football News