Tech News, Magazine & Review WordPress Theme 2017
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • CRYPTO LIVEWIRE
    • Latest
    • Press Releases
    • Sponsored Posts
    • Submit Your Content
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EXPLORE
    • eToro
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • CRYPTO LIVEWIRE
    • Latest
    • Press Releases
    • Sponsored Posts
    • Submit Your Content
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EXPLORE
    • eToro
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

Crypto Livewire – Press Releases

  • How Traders Are Gaining by Holding Crypto: Staking Tron (TRX) and Cardano (ADA)
    January 21, 2021
  • QuiverX to Integrate Chainlink Proof of Reserve To Power Transparent, Decentralized Crowdfunding
    January 15, 2021
  • The Online Family Office and High Net Worth Blockchain Conference
    December 22, 2020
  • How Blockchain Empowers Wuhan’s Digital Economy Growth – World Blockchain Conference
    December 14, 2020
  • SnapEx Adds LINK, BNB and TRX Alongside Sign-Up Bonus on a Sleek New App
    December 11, 2020
Submit a Guest Post
Bitcoin
$30,640.00
$30,640.00
11.71%
Ethereum
$1,141.04
$1,141.04
14.3%
XRP
$0.263726
$0.263726
9.08%
Litecoin
$133.47
$133.47
7.63%
Bitcoin Cash
$415.35
$415.35
14.79%

Spotlight

  • Elon Musk Agrees Bitcoin Fixes ‘Inflationary Insanity’ in Fresh Debate on Future of Crypto
    January 16, 2021
  • Janet Yellen Says She’s Concerned About Illicit Use of Crypto Assets, Chainalysis Finds 0.34% of Transaction Volume Connected to Crime
    January 20, 2021
  • Crypto Trader Says 14 Small Cap Projects Have Massive Potential in January
    January 14, 2021
  • Top Crypto Analyst Betting on Select Group of Altcoins, Says DeFi Bull Run Will Make 2017 Look Like Child’s Play
    January 17, 2021

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.

Check your inbox for confirmation email.

Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology

Categories

Bitcoin • Ethereum • Trading •
Ripple and XRP • Altcoins •
Blockchain • Regulators •
Scams • Crypto101 • HodlX • Explore • Futuremash •
Crypto Livewire

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

JOIN US ON TELEGRAM

JOIN US ON TWITTER

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2020 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • CRYPTO LIVEWIRE
    • Latest
    • Press Releases
    • Sponsored Posts
    • Submit Your Content
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EXPLORE
    • eToro

© 2020 The Daily Hodl

We use cookies to give you the best online experience possible. Continue browsing if you are happy with that, or see how to manage cookies.