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Dana replied to the topic What wallet do you use? in the forum Crypto FOMO Club 2 years, 9 months ago
The wallet you use doesn’t matter so much as the security it provides and the safety precautions you take. I would say to just look at the reviews and base your choice on security and ease of use. Most wallets have the big coins on them and most charge around the same % in fees.
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Dana replied to the topic Is blockchain and cryptocurrencies the same thing? in the forum Crypto FOMO Club 2 years, 9 months ago
Yeah, Blockchain is the actual technology that has made crypto possible. This is not all that it can do either. This is believed to be a major component in the future of technology across the board!
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Dana replied to the topic What does the Bank Secrecy Act mean for crypto transactions? in the forum Crypto FOMO Club 2 years, 9 months ago
The easiest way of explaining it is that crypto in and of itself is considered an asset and when you move assets, it is considered a transaction of goods that may or may not be deemed taxable or held to taxation.
How in practice the law is applied to crypto-centric businesses is no different than other financial businesses that come under BSA…
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Dana replied to the topic Is Elon Musk ruining crypto? in the forum Crypto FOMO Club 2 years, 9 months ago
Considering I just read a story about that hacker group Anonymous going after him now, I would say yea I think so! I don’t know what he is thinking or why he says the things he does but he is making a lot of people mad and a lot of people are growing to dislike him.
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Dana replied to the topic Is there a safe crypto? in the forum Crypto FOMO Club 2 years, 9 months ago
I have to agree with the ones mentioned here. You want to go with more established names who have been around a while. If you go with a newer one, you are more likely to be scamed. It is always a good practice to be mindful of whales as well!
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Dana changed their profile picture 2 years, 9 months ago
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Dana became a registered member 2 years, 9 months ago
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