blog! “The complexity is the attraction - reflections on trying to use crypto”
A few weeks ago, someone wanted to send me some crypto. After spending months studying for a Blockchain exam, I usually avoid such things. But, hey, $20 is $20. So I signed up for a wallet, installed an extension, verified my credentials, saved a seed phrase…
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#bitcoin #blockchain #crypto
Sarah @Edent and I thought couple of years ago that SEPA payments were complicated because of the long number and my tendency to make typos. The crypto stuff sounds like a nightmare.
@Edent *cough* Javascript frameworks *cough*
@Edent Wasn't there some minimum required amount that has to be in your wallet before you can start the transfer? For example, GateHub: https://support.gatehub.net/hc/en-us/articles/360021171754-USD-Wire-withdrawal#:~:text=The%20minimum%20withdrawal%20amount%20is,for%20our%20FIAT%20withdrawal%20fees.
@tomayac
Thankfully not. But the withdrawal fees were ridiculously high.
@Edent my question is: when will it disappear so that I don't have to worry about electing some short-pants-wearing crypto bro (we seem to be about to do that over here)