The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

A Senior’s Six-Week Baptism in Crypto

by David Harper
February 4, 2020
in HodlX
HodlX Guest Post  Submit Your Post
 

Christmas was a quiet time for me. I am a retired IT professional (and latterly an English teacher) living in Madrid, Spain. For a reason I can’t remember, in late December 2019 I started to investigate cryptocurrencies as nothing more than an interesting subject to help me pass the time.

At the moment of writing this piece (February 3rd), I am sitting at my Mac with my Exodus wallet open on one of my screens and Coinbase Pro on the other. And of course, with my Trezor One carefully plugged in. This is not to mention the full Bitcoin node running on an old laptop in the corner laboriously downloading the blockchain – only three weeks to go! And all of this just six weeks from my initiation.

So, in late December the more I read and watched and listened, the more I was intrigued. I discovered Andreas Antonopoulos (a true genius) and avidly followed crypto content on YouTube and various podcasts. I struggled to get my head around the blockchain, mining, proof of work, halving, altcoins, and perhaps most fundamentally, the history of money, something I had never previously thought about. Like almost everyone, money was something I had just accepted.

I read that Trump had called cryptocurrencies just ‘air’ and I have tried diligently to discover why they are – or at least some of them – are more than just ‘air’, something valuable, enduring, useful, and not as ephemeral and insubstantial as the President believes. I think I am almost there but I am sure, like many others, I have a nagging fear that one day, everything will simply evaporate like rain on damp sidewalks after a summer storm.

Bitcoin just seems so well designed. Almost as if Satoshi was neither a man nor woman nor group but an alien visitor from a vastly more civilized world giving us a leg up to help disentangle our torrid financial systems and their inbuilt iniquities. It just seems too clever. Somewhere there must be a hidden flaw that will one day bring down the empire. I hope not.

There are many, in fact. probably a majority of people that just don’t get it. Or perhaps, there are those who are more sensible, ready to say ‘I told you so’ when everything goes bad. I am sure I am not the only one who keeps their enthusiasm somewhat under wraps in order to soften the eventual fall, if indeed there is a fall. The thing is, there might be and I don’t want to be the mug. I don’t have so much time to recover.

This all may be a consequence of living through so many false dawns over the years. However, for now, I am enjoying the journey, following the prices, learning how to send and receive cryptos, trying not to panic when realizing how much responsibility I have to protect my private keys and how I could lose everything from a moment’s loss of concentration.

So here’s hoping all goes well and I will be able to show all in sundry how smart I was and how confident I had been throughout the process as Bitcoin conquers the world, as I always knew it would.

 
Check Latest Headlines on HodlX


Follow Us on Twitter Facebook Telegram

Check out the Latest Industry Announcements
 

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Submit a Press Release

Industry Announcements

  • TMNG Tokens Successfully Listed on MEXC Crypto Exchange
    December 1, 2023
  • Sui Surpasses $150 Million in TVL, Showcasing Blistering DeFi Momentum
    November 30, 2023
  • Duelbits Announces Landmark Collaboration With Football Icon Luis Suárez
    November 29, 2023
  • BinaryX Launches AI Chat Game ‘AI Hero’ With Limited NFT Mints
    November 28, 2023
  • Binance Labs and BNB Chain Open New Founder-Focused Track To Incubate 100 Early-Stage Projects
    November 24, 2023
  • Socrates Launches Groundbreaking Social Media and Entertainment Platform for Web 3.0 Users Globally
    November 23, 2023
  • GCEX Receives Operational VASP License From Dubai’s Virtual Assets Regulatory Authority
    November 22, 2023
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$39,422.56
$39,422.56
1.61%
Ethereum
$2,156.90
$2,156.90
2.63%
Cardano
$0.394968
$0.394968
2.12%
XRP
$0.619546
$0.619546
0.59%
Dogecoin
$0.085106
$0.085106
1.32%

Spotlight

  • $100,000 Bitcoin Price Incoming, Predicts Macro Guru Dan Tapiero – Here’s the Timeline
    November 25, 2023
  • Newly Launched Solana-Based Altcoin Could Explode by More Than 880% in 24 Months, According to InvestAnswers
    November 25, 2023
  • Hollywood Director Booked 575% Profit on Dogecoin Bet Funded With Diverted Netflix Budget: Report
    November 25, 2023
  • Bitcoin Surging by up to 960% This Bull Cycle ‘Very Reasonable’, Says Michaël van de Poppe – Here’s His Outlook
    November 25, 2023
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2023 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2023 The Daily Hodl