this post was submitted on 25 Jun 2024
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[–] [email protected] 17 points 4 months ago* (last edited 4 months ago) (4 children)

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. 😈)

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.

[–] [email protected] 14 points 4 months ago (1 children)

If it’s any consolation, I just use bitcoin to convert to Monero to buy drugs. So in a way there is an actual use for it 😊

[–] [email protected] 1 points 3 months ago

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)

[–] [email protected] 6 points 4 months ago

You could donate it to some financial literacy nonprofit if you want to be rid of it without feeling dirty.

[–] [email protected] 3 points 4 months ago

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.

[–] [email protected] 2 points 4 months ago

I bought $270 worth that is now worth about $1,700. I have no idea what to do with it.