Cryptocurrencies
Angelina Sure, but the advantage of BTC is that the exchangecourse goes up and down very fast and very far. That makes it easy to win money when doikg investments in it. That's why I love BTC.... and you can also "mine" them ... that's something like "printing" them. You just need a lot of voltage. If you do it riggt you cab win a lot of money, if you have a bad setup and business plan you will pay more money for electricity than you gain from printing it.
Since a lot of people here (I am too) seem interested in cryptocurrencies, maybe we could create a topic to discuss about this ?
I'm mining some Ethereum 
MaximeJourennes maybe we could create a topic to discuss about this ?
Done
Wow great ! Thanks Laura 
Anyone else mining some crypto here ?
Laura How do you cash out?
You cash them out at exchange services, usually your wallet provider can do that... some people, like me, also have a registration at a stock market where we can trade cryprocurrencies and directly exchange them.
Daniil But for legal things I prefer legal money. Legal money provide payment documents and etc
Bitcoin itself is not illigal, many people just use it to hide money fro mthe tax office, because it has very high security and anonymity standards. That's also the reason why you pay with them in the darknet.
It doesn't matter which currency you pay with, you always get payment ducuments and so on. In deed, there asre also more digital € notations on bank accounts as there is cash.
Johnathan Depends on your country.
That's true, some cuntries wanted to prohibit bitcoin, but I haven't heard of them acrually doing it (I might also not be up to date because I stopped trading bitcoin)
Renita Bitcoins have no jurisdiction
Bitcoin is not registered as an official currency by many countries because this registration would obligate anyone who lives in this country to accept the currency as payment. They don't want to do it because the EU and each other nation already has their own currency that is supervised by the national bank to preven it from crashing and having strong changes in value.
Megan Then store the bar codes on a hard paper wallet or a safe, or I don't know engrave the private keys onto some metal or memorize them or something.
Yes, there are many variations of wallets. The classical digital wallet hosted on a server where you have an online account, the software-wallet based on a program or app you downloas on your cellphone or notebook and the hardwallet, a wallet safed on a usb drive or electronical card. Some peopke also wanted to create a paper wallet ehere the currency is encrypted in a visual code that's printed on a sheet of paper - but I think they failed.
Renita Why privacy coins?
Privacy coins is acategory of cryptocurtencies that are fully anonymous. Bitcoin for example used to be anonymous and a so-called privacy coin, but since they got inegrated into common payment systems it lost anonymity and became pseudonymous, thst means that you are not anonym anymore but have a digital pseudonyme.
Bitcoin SV (BSV) for exampme is a privacy coin, I guess.
Laura Where do they send it to?
On you wallet (digital bank account)
MaximeJourennes I used to mine Butcoin, but that's not rentable anymore... Ethereum is the new Bitcoin.
Max9 Absolutely ! Why are you not switching to mining Eth ?
MaximeJourennes Oh I did ... still have my miner running, but I actually don't actively invest into new technology. I also used to trade Cryptocurrencies at the stock market and at wallet providers.
Max9 Bitcoin is not registered as an official currency by many countries because this registration would obligate anyone who lives in this country to accept the currency as payment. They don't want to do it because the EU and each other nation already has their own currency that is supervised by the national bank to preven it from crashing and having strong changes in value.
then you will certainly like the fact that my party is for the free choice of money we want to finally abolish the state monopoly on money and let all currencies (including cryptocurrencies like bitcoins) compete against each other in a free competition.
I am generally critical of bitcoins because I believe that every monetary system will collapse at some point because it only exists on paper, but I am surprised at how long the euro and the US dollar have lasted. 