Dabbling in Cryptos – Coinbase

Originally published on January 29, 2021.
Last Updated on March 2, 2024.

As we watch the Reddit takedown of the fund managers in #GameStonk and the subsequent shenanigans with #Robinhood Trading (not allowing Redditers to buy more GameStop Corp GME,) I’m again amazed at how people think all these electronic bips and beeps are real money. It might be a method of transaction, but it is NOT money.

God tells us what money is: keseph, which is literally silver. Almost every mention on money in the Bible is really the Hebrew word for silver.

Ho, every one that thirsteth, come ye to the waters, and he that hath no money [keseph]; come ye, buy, and eat; yea, come, buy wine and milk without money [keseph] and without price. 

Isa 55:1

That is one of my favorite verses because it fortells us about Jesus and His gift that cannot be bought with money/silver.

Back to Coinbase. So the Boomers are all trying to jump ship from the fund managers who are losing Billions of their money in #gamestonk … and where are they going? Cryptos.

This is driving up the prices of almost all cryptos, but especially Bitcoin which is kinda the grand daddy of them all.

So I dabble a bit; just gambling money and gains that I’ve ‘earned’ with it. And I have Bitcoin. So I want to pull out my profits from this burst of activity and increase in price … but I can’t, because the Coinbase website is broken.

Is is broken? Or has trading been stopped to prevent further gains/losses or who knows what.

The people who stopped the vote count in the US election are the same people who stopped the trading in #gamestonk. These parasites (grabblers) will do anything to get power and/or money. And they can get away with it because the US has allowed them to infiltrate and take over the halls of power. The #fakepresedent in the White House will do whatever the Prometheans tell him to do … and corruption reigns supreme.

So is Coinbase really down? Who knows … and who cares. I’m just a dabbler. My real treasure is above.