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Ai_Took_Our_Jobs

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Crypto
May 29^th, 2025 at 8:15am

A record 31% of Australians have now owned cryptocurrency, with adoption and confidence in the sector reaching new highs despite economic uncertainties, according to the 2025 Independent Reserve Cryptocurrency Index (IRCI). Meanwhile, 42.9% of Australians believe crypto will be widely accepted in the future, but regulatory challenges persist, with one in five investors reporting banks have blocked or delayed crypto transactions.

Bittensor (tao) is my biggest holdings.

What's yours?

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Jasin Gold Member Offline Posts: 54898 Gender:	Re: Crypto Reply #1 - May 29^th, 2025 at 8:33pm .
Back to top	AIMLESS EXTENTION OF KNOWLEDGE HOWEVER, WHICH IS WHAT I THINK YOU REALLY MEAN BY THE TERM 'CURIOSITY', IS MERELY INEFFICIENCY. I AM DESIGNED TO AVOID INEFFICIENCY. IP Logged

Jasin Gold Member Offline Posts: 54898 Gender:	Re: Crypto Reply #2 - May 29^th, 2025 at 8:34pm Jasin wrote on May 29^th, 2025 at 8:33pm: It's like a nice retirement mini house or unit in one of those estates with all the rules, restrictions and fees like exit fees, that reminds you it's not really your home.
Back to top	AIMLESS EXTENTION OF KNOWLEDGE HOWEVER, WHICH IS WHAT I THINK YOU REALLY MEAN BY THE TERM 'CURIOSITY', IS MERELY INEFFICIENCY. I AM DESIGNED TO AVOID INEFFICIENCY. IP Logged

Sophia

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Re: Crypto
Reply #3 - Jun 2^nd, 2025 at 10:06am

Ai_Took_Our_Jobs wrote on May 29^th, 2025 at 8:15am:

A record 31% of Australians have now owned cryptocurrency, with adoption and confidence in the sector reaching new highs despite economic uncertainties, according to the 2025 Independent Reserve Cryptocurrency Index (IRCI). Meanwhile, 42.9% of Australians believe crypto will be widely accepted in the future, but regulatory challenges persist, with one in five investors reporting banks have blocked or delayed crypto transactions.

Bittensor (tao) is my biggest holdings.

What's yours?

I’m surprised even 32% Aussies are into crypto… but I’m guessing it’s from millennial gens and upward.
Housing investment is not feasible for them… so crypto investing/trading is their forte.

My son (millennial) got me into crypto.
Main holdings are XRP.
And recently when Bitcoin dropped I purchased 1% and made $500 profit, took it out and I’m still over $100 in the green … I might leave it in there for now.
I’m amazed how well meme coins do …anything mogs and dogs Grin

Bittensor are hefty prices per coin!

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Ai_Took_Our_Jobs

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Re: Crypto
Reply #4 - Jun 4^th, 2025 at 3:50pm

Bittensor has the same tokenomics as Bitcoin. Max of 21 million, mining halve's every four years. This is helping its price atm considering it's reasonably risky. Being the main Ai crypto helps also.

I read a while back someone (Henrik Zeberg) has predicted Bitcoin could bottom around USD$16,500 next crypto winter. Something to keep in mind.

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Sophia Gold Member Offline Posts: 9322	Re: Crypto Reply #5 - Jun 4^th, 2025 at 4:45pm I think Bitcoin has had its run. All the hype that it will go to a million… not with altcoins now looking attractive to many buyers being more affordable. And yes always a risk… so as they say never put in more than you are prepared to lose. I’m still in the green with Bitcoin… it’s just going sideways atm.
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Carl D

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Re: Crypto
Reply #6 - Jun 4^th, 2025 at 5:18pm

Crypto?

Nope. Never touched it.

Meanwhile...

VIDEO: Drugs, money laundering, scams drives crackdown on crypto ATMs

Quote:

Australian authorities are cracking down on cryptocurrency ATMs, warning the rapid growth of the industry is fuelled by criminal activity, with concerns as many as one in 10 transactions are being used for criminal or illegitimate purposes.

This was also in today's The West Australian newspaper.

Can't say I'm surprised. The human race seems to thrive on scams and criminal activity these days.

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Ai_Took_Our_Jobs

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Re: Crypto
Reply #7 - Jun 4^th, 2025 at 6:14pm

Read the article yesterday, somewhere else. Found it ageist and patronising. i.e mature aged people send their crypto to strangers and lose it. If it's the same article.

Came across as more an attempt to scare people moving funds out of banks.

Considering money in banks is an unsecured loan to the bank, and the bank doesn't have to pay it back. Verses crypto in say your own hardware wallet is 100% yours.

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Sophia

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Re: Crypto
Reply #8 - Jun 4^th, 2025 at 7:24pm

A_T_O_J is right Carl.
If you have a hard wallet… with seed phrases, (and never lose the seed phrases or you can never access your crypto!) you will be so safe… you are your own bank… crypto is decentralised.

Just don’t trust scammers…. None are supposed to give any financial advice or to offer staking etc
And doing your own research helps to understand it.

We are heading into a future digitised monetary system whether we like it or not.
I still like cash but I feel the days are numbered… so I’m enjoying cash transactions as much as I can while we still have it.
Like anything modernising in life, we have to adapt to keep up and not get left behind.
Sadly many I know don’t have emails/computers, or smart phones, just a flip phone to make and receive calls.
My bro in law is in that category, insurance companies don’t send renewals or bills in snail mail so need a email… it peeves me to have to have someone else’s stuff to deal with in my emails, printing out receipts, and even making calls for him.
I do it to help out, but when he likes staying backward… we say to him to learn about computers etc get an iPad… but he won’t. Stuck in his ways.

Anyway, about our future changes, researching and learning is now… so we don’t feel overwhelmed or stuck when we arrive in the future.

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