Not necessarily. Some people would keep it as world most expensive coin for collection. You see this all the time. People drop 50-100 mil in a single pairing.
Lol! Would you leave this in your desk drawer (?), because that's what is was worth last Spring. When you realize you forgot about it:
I wouldn't 1,000 btc's can be divided in 10, 100, or 1000 wallet addresses and private keys stored in many physical locations
Only bad actors, crypto fleecers, bagholders and scumbags advocate for custody BTC which is a shitcoin. Read the whitepaper again.
Since you don't like btc, what crypto asset do you own? You cannot use any crypto asset on the mainnet blockchain if you do not self-custody, this applies to Bitcoin, Ethereum, Solana and all other tokens in their respective smart contract platforms You need to see a professional as you are suffering from a mental breakdown to try to argue against a very basic crypto assets operational feature
How is that my mental breakdown always leads to citing sources and you play internet psychologist? You seemed to have completely missed the point. I cited the whitepaper to show how BTC is meant to be used to protect one's privacy i.e by not engaging middlemen. You are the one who posted how to give up that layer and go to 3rd party custodians. I meant to say that custodial solutions and KYC BTC is an absolute shitcoin. I was calling out scumbags, such as yourself, who advocate custodial solutions and those who peddle ICOs such as Ethereum or all these other nonsense as "crypto assets", not dissing BTC. You shouldn't be lecturing people about how to use BTC. You have all the symptoms of a typical grifting e-beggar. Support for Tether, support for 3rd party middlemen, KYC BTC from exchanges and all the other nonsense that has led to a complete shitshow in crypto. But this is also a standard defense mechanism in crypto world. Next play will be probably I am against innovation, I don't understand, we are still early and other victim playing garbage. GTFO here.
Are you just a fucking asshole that hates everything? Look in the mirror and blame that idiot staring back at you for missing out on opportunities on crypto assets Just today, I made several crypto asset transactions on the blockchain because I'm a yield farmer and have 3 farms, used a dex to swap and used a cex to convert to btc but that's way over your head I love Bitcoin, I have crypto assets on Ethereum, I've owned Tether on several blockchains and I have owned and continue to own other crypto assets I don't give a shit if you don't like or hate any of them, you can go fuck off and go to hell, you stupid cunt
12 years ago, the only things you can buy with bitcoin are alpaca socks, pizzas (overpriced at 10,000 btc's), drugs and other stuff on the darknet Today, you can buy a mansion, a yacht, a cup of coffee or just about everything using bitcoin and other crypto assets That's because of adoption made possible with KYC Bitcoin and legitimate businesses that enforce AML rules and prevent illegal activities Visa, MC, PayPal, Square, Coinbase, Gemini, Fidelity, Goldman Sachs, Blackrock, BNY Mellon, etc, etc, etc Tether is the most used trading pair in exchanges for btc and other crypto assets. Tether and stablecoins allow instant value settlement to fiat on a 24/7/365 schedule even when banks and other financial entities are closed These things are called adoption and give Bitcoin and other crypto assets the value and will continue to grow at trillions and tens of trillions of $ in the future Someone who says KYC is bad on the pretense of protecting privacy wants to destroy the value of Bitcoin and to go back to the time 12 years ago. That person is evil and not a friend to Bitcoin
I don't think I have ever asked you this question before... How would you feel if you bought a cup of coffee today for 10 satoshis, and the next day you see it would have cost you only 3 satoshis? Wouldn't you feel like crap? It is just like trading I suppose, because on the other hand, you could see that the next day it would have cost 20 satoshis for same cup of coffee, and you feel GREAT! How can anyone stomach that volatility in the purchasing power of their medium of exchange?