Yes Mike in dreamland again
Even if there was a payout,which there is not, he obviously does not get how cumbersome Crypto is for people who have never dabbled
Its simply a pain in the ass,each member will need a wallet,using a computer,phone,usb or paper.of course you need good security to keep you private keys and seed phrase,lose them or get hacked and its all over.
Then a transfer to the wallet,then you need to turn the crypto into Fiat assuming thats what you want to do
You then need to use an exchange,that take large fees ,and also submit your KYC documents,its not always just easy to sell coins either,the exchange websites are damn confusing for beginners,you have market rates and fixed or variable price rates
What happens if Bitcoin crashes the day after receiving,people panic and lose more
No matter its not going to happen and what actually happened to the Gold Mike
Even if there was a payout,which there is not, he obviously does not get how cumbersome Crypto is for people who have never dabbled
Its simply a pain in the ass,each member will need a wallet,using a computer,phone,usb or paper.of course you need good security to keep you private keys and seed phrase,lose them or get hacked and its all over.
Then a transfer to the wallet,then you need to turn the crypto into Fiat assuming thats what you want to do
You then need to use an exchange,that take large fees ,and also submit your KYC documents,its not always just easy to sell coins either,the exchange websites are damn confusing for beginners,you have market rates and fixed or variable price rates
What happens if Bitcoin crashes the day after receiving,people panic and lose more
No matter its not going to happen and what actually happened to the Gold Mike
