Although they are recommending buying XRP on Uphold, I read that their transfer fees (to move the crypto from their platform/wallet to a cold wallet (privately held Nano ledger) caught people by surprise.
Also, there's a lot of bad info and ALOT of real scammers out there.
If anyone here is buying/selling/trading to make money, you're way ahead of me, and you should be doing this post.
I do think you'll lose less sleep if you just buy some silver as opposed to anything else.
The price is pretty steady at the moment. I personally think it's being sat on at the moment, and we may see it shoot up when certain markers are met (soon). You will pay 'spot' price plus a retail markup.
And you might not get 'spot' back when you go to sell. But hopefully it outpaces the dollar.
And what do you get when you do sell? Treasury bills? Crypto? I don't know.
401K's and IRA's can be handled differently. I can explain how that works.
I do hear around a little bit that dollars will still be in play...but for one thing, dollars
are subject to hyper inflation.
If they are in a bank, they can be subject to confiscation by that bank. Cute, huh.
Rather than try to write out all scenarios, if anyone wants sources and recommendations from what I've read, PM me please.
The solid recommendation hasn't changed. For the typical individual like me, pick up some silver. Four nine's is the highest purity. = .9999. US silver coins rather than foreign.
Do not get big bars-they may well be harder to sell. A combo of coins and small bars
is fine.
Make sure you have a safe place to keep them. Look for feedback on any company you shop at.
If you're trying to convert big money, there's gold. Same rules apply. Coins and small bars.
And shop around. The smaller the denomination, the higher mark up over spot.
You're going to pay to buy and to sell. Hopefully there's a good profit to cover all plus more.
I do think it's the thing to do, if not some in crypto as well. For that, unless you're
well read, there's XRP (bridge currency between countries and backed by gold) and XLM (retail. backed by silver.)
there's more detail in the 'crypto' thread.
Subject: NATIONAL QUANTUM INITIATIVE 
Sat Sep 09, 2023 7:45 pm
