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this post was submitted on 25 Jun 2024
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Yup. I can. I have around 1/20 of a Bitcoin, so the amount I have should be worth about $3,000 USD (unless the price has crashed since I started writing this post. π)
Cashing it in would make me feel dirty. It's basically just handing the bag to the next bagholder. (Though, I'm not really a baholder per se. I'm not really invested to speak of. The only investment I made to get this Bitcoin is to leave my computer on for like a month or less.) Feeding the ponzi monster, as it were.
But then again, it's $3,000.
As much as I hate myself for admitting it, the possibility that the price will climb a little higher is probably part of why I didn't trade it for real money back in late 2021 when the price of a Bitcoin was so high.
But, yeah, you're probably right I should just sell it. Maybe I'll just make whoever I sell it to promise they're not giving me next month's rent or their kids' college fund. Lol.
Edit: Ok. You've inspired me to make a post asking other crypto-skeptics what I should do with it.
If itβs any consolation, I just use bitcoin to convert to Monero to buy drugs. So in a way there is an actual use for it π
Why drugs? VPSes, domains and gift cards are the legal things I can think of. Monero has been massively helpful to me with those while I cannot use my card)
You could donate it to some financial literacy nonprofit if you want to be rid of it without feeling dirty.
It's crazy how this amount could actually change my life right now. At some point I did also have 1BTC but decided to gamble it all away because I thought it would never have any actual value so it didn't matter.
I bought $270 worth that is now worth about $1,700. I have no idea what to do with it.