I don’t want to write
The great withdrawal
At the end of this post, you will know why you should withdraw your cryptocurrency from exchanges.
This morning I read this article about nano($XNO). The article has some good points about why to withdraw nano from exchanges. However, these arguments can be made for any cryptocurrency. But that’s not what I want to talk about today.
The main point I want to focus on today is this:
Withdraw your cryptocurrencies from exchanges!
Increase the value of your cryptocurrency by restricting the supply on exchanges.
Decrease your risk of being hacked(or your exchange being hacked) by moving it onto cold storage.
Improve decentralization by moving the coins onto unique addresses rather than being on a few large addresses(belonging to the exchanges). This also has incentives for stakers.
Make it more difficult for you(and others) to have paper hands.
Truly own your cryptocurrency in the event that China, US, or other government agencies decide to confiscate BTC as a means to protect fiat currencies.
The great withdrawal
It really is GOOD to be bored sometimes.
What I learned:
Brain dump 1 (old brain dump from 04-2020 with checkboxes filled as of today 01-2020)
5 Major pieces to the life puzzle
An argument for Dollar Cost Averaging Bitcoin
Content Marketing For Developers
The best spotify playlists for coding (Studying/Concentration/Flow State)
It’s time to talk about active listening
Death of the TSX
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