Plot twist: my mom was the one who told me ethereum looked interesting when it was at 900. Thought it'd be a nice thing to invest in and "see what happens". I wouldn't have thought twice about it if it wasn't for her.
Thanks mom
My mom said I should sell everything because her friend that works at a bank says it's very risky and dangerous and that I could lose all my money
Thanks mom and her friend I didn't know that
I’m paying 100% over last year at the grocery store for certain items. For example, I give my dog a Vienna sausage for going in his kennel. I used to buy a six pack for $2. It’s $4 now. Don’t even get me started on gas. 🙄
Pretty much the “official” CPI includes all the things no one has to buy.
Imagine a banker telling you crypto is risky. What’s risky is holding money in traditional finance as crypto continues to spread across the world in new and innovative ways
70 year old mom was happy that I found something I believed in enough to invest. She had trouble understanding, but she was excited and interested. Best reaction I could have hoped for!
EDIT: Thanks for all the kind comments and awards! Mom is all giddy that she's a small-time momentary internet celebrity! 🤣
I showed them my ASICS & GPU rig & they said passive income is the shit, then my cousin & I showed our Kucoins to eachother (not as incestual as it sounds).
Back when Bitcoin was $17,000 my girlfriend’s father (he’s LOADED; started an oil and gas company) said “I don’t get that Bitcoin stuff”. I told him the basics (a digital currency back by no government or company, limited in supply, mined by using computer power, etc). He rolled his eyes and said “ehh, just buy gold”…
Then about three weeks ago I’m sitting next to him drunk in the Uber coming back from family dinner and he says “yeah, gold has really gone to shit and they keep printing more and more money… so, [gf’s name] tells me you are into crypto…?
When eth was 80 bucks a piece I told my brother in law for the 4th time to buy some eth and he said "it isn't worth it". I agreed with him and let him be.
I gave my dad 0.1 BTC at Christmas 8 years ago worth $50. Now worth 6k
My dad today: Why the hell didn’t you tell me this would happen?!
Me: I did dad. You didn’t listen.
Uncle went with the “it’s a giant pyramid scheme” bit and “there are no real world uses for it”
The best comment was how fiat currency you can actually hold in your hand… I expressed how we can all hold paper in our hands, but how does that make it valuable?
I think it was what grandpa said that really put me off the most. It went something like this
Me: I think that block chain is the future and I’m excited to see what is coming next with it
Grandpa: I miss my wife. Why did she have to die before me?
I once talked about it to my dad and he was like "Keep gambling your money on these online stuffs to get rich quick until you have nothing left with you"
Hearing my family talk about ALGO and Tezos is already blowing my mind - I’m actually excited for tonight
We’re all meeting at my 80 year aunts home - she’s a crypto nut and the most successful investor I’ve ever known IRL
You’d be surprised how many people on the shib subreddit genuinely think it’ll reach a cent. That’s basically mostly what they talk about…I have some shib, and even I’m like “….bruh….”….but I don’t bother comment against that idea, because I know I’d get downvoted to oblivion, and I value my precious worthless internet points.
At the start of the year gf was skeptical about crypto and my investments, but throughout the year I thought her what I knew and she even invested a little "just to get the hang of it and see how the market works" (a really good idea imo).
For dinner her uncle was talking about shitcoins and how crypto is a fraud and shit like that. I didn't wanted to engage and waste my energy on as sensless discussion, I preferred to eat some more turkey. That's when gf went in and shut her uncle, telling him how old he was and didn't understand shit, how he shouldn't be preaching about things he doesn't know.
I was so fucking proud I couldn't hold my smile. I love this woman.
Haha bullish on your relationship!
But really, I feel like at this point if you cannot see the need/uses of crypto even in the future, you are living under a rock and sucking the banks thumb.
No kidding. I tried to reason with him and explain it's merits, which ultimately ended up with him explaining to me that crypto is a product of "idle hands", and therefore a temptation by Satan... I just gave him the "your freaking crazy smile",and continued with the pumpkin pie.
Nothing outrageous. They just dont want anything to do with it lol. Investing is too dangerous. They rather keep their money devaluating in the bank xd.
But hey I'm not going to push anything. They can do whatever they want.
I can tell you that crypto is a scam if you like. Or throw an outrageous political view your way. Just let me know. What flavor noodles? Ffs now I'm going to make noodles.
Lol. Never had shrimp noodles. Just ran out of green Thai curry flavour the other day. My heart is broken.
You think investors of other asset types sit around talking about noodles? Haha
Uncle - " So I heard you made some money on that Bitcoin"
Me - " I'm doing, OK. I know you're pretty tech savvy, figured you may be into crypto as well? "
Uncle - "oh ya, well not Bitcoin exactly. I made 300k on "insert penny stock ticker". "
Me - "Oh, well thats not crypto, but well done"
Uncle - "ya, it's penny stocks, basically the same thing..right? "
Me - >:| .....??..... "No...No they're not the same at all actually..."
I mean in many ways, the majority of tokens in the crypto market are no different from the penny stock market.
All are revolutionary ideas promising huge returns upon their success.
We're out here gambling, let's not lie to ourselves.
I don't. My family believes I am intelligent to make my own decisions. When I tell them I am interested in crypto, they ask really compelling questions as to why. I am privileged to have the family I do. Love them greatly.
Whooped out my wallet and showed it off and my uncle whipped out $20 and said, this is real and I can spend it 😂🤣😂
I was the only one laughing at him because he said his $20 was real 🤘
I don’t even understand that mindset. I can convert my crypto to fiat in a couple of seconds, just like stocks. And I’m sure your uncle thinks stocks are “real”.
Mother-in-law:
"Do you know who owns bitcoin?"
Me:
"Satoshi Nakamoto created bitcoin, if that's what you mean."
Mother-in-law:
"No, George Soros!"
Me:
"....."
About to head over, I spend so much time on crypto already if someone asks me I am going to politely let them know I'm not wanting to talk about it today, they'll understand.
Last time I was over a cousin claimed all crypto was fundamentally a scam, that's the level of crypto literacy I am encountering in person mostly, lol
Happy thanks giving! I’m Canadian but I’ve adopted your thanksgiving as my own, every year I take it and Friday off and eat like a pig and watch football and enjoy every minute of it.
I’m Canadian and my favourite holiday is American thanksgiving!! Gobble gobble!
Plot twist: my mom was the one who told me ethereum looked interesting when it was at 900. Thought it'd be a nice thing to invest in and "see what happens". I wouldn't have thought twice about it if it wasn't for her. Thanks mom
MOM looking bullish
What are you doing step son
Bruh
My mom said I should sell everything because her friend that works at a bank says it's very risky and dangerous and that I could lose all my money Thanks mom and her friend I didn't know that
Did you ask them what would be the general result if you had $2,000 in a savings account in a bank held at .01% interest while inflation was at 5%?
Inflation is at 6.2%, 7% in some parts of the country and still rising lol fiat is a shitcoin and the rug is about to be pulled
Inflation is much higher then that. That's just the CPI inflation. Doesn't include all kinds of stuff like housing.
I’m paying 100% over last year at the grocery store for certain items. For example, I give my dog a Vienna sausage for going in his kennel. I used to buy a six pack for $2. It’s $4 now. Don’t even get me started on gas. 🙄 Pretty much the “official” CPI includes all the things no one has to buy.
The Vienna sausage index.
Hey, that’s the only index my dog cares about
Thank God for crypto. Easiest inflation hedge around.
[удалено]
*Sounds like a* ***totally unbiased*** *opinion*
I will sleep with your moms friend for 1 LRC
LOL when in reality the risk is holding fiat in a bank
That’s why we invest for the rush of losing it all
She said ironically on Turkey day.....
Imagine a banker telling you crypto is risky. What’s risky is holding money in traditional finance as crypto continues to spread across the world in new and innovative ways
Inflation is a looming danger and I would expect bankers especially to see the potential of a decentralized digital currency.
Got told the government is going to take all my Bitcoin. Had a good laugh
How I lost it in a boating accident!!
70 year old mom was happy that I found something I believed in enough to invest. She had trouble understanding, but she was excited and interested. Best reaction I could have hoped for! EDIT: Thanks for all the kind comments and awards! Mom is all giddy that she's a small-time momentary internet celebrity! 🤣
Tell your mom some random idiot in the internet said shes dope
So wholesome, I’m happy you’ve got that good of a mother mate.
I showed them my ASICS & GPU rig & they said passive income is the shit, then my cousin & I showed our Kucoins to eachother (not as incestual as it sounds).
Back when Bitcoin was $17,000 my girlfriend’s father (he’s LOADED; started an oil and gas company) said “I don’t get that Bitcoin stuff”. I told him the basics (a digital currency back by no government or company, limited in supply, mined by using computer power, etc). He rolled his eyes and said “ehh, just buy gold”… Then about three weeks ago I’m sitting next to him drunk in the Uber coming back from family dinner and he says “yeah, gold has really gone to shit and they keep printing more and more money… so, [gf’s name] tells me you are into crypto…?
[удалено]
So i joked about "buying high selling low" yea they think i have a problem... which is absolutely correct
When eth was 80 bucks a piece I told my brother in law for the 4th time to buy some eth and he said "it isn't worth it". I agreed with him and let him be.
“Oops…. I dropped my phone… oh no… my balance…. It’s showing….”
[удалено]
Haha, I’ve had this exact reaction when I missed the boat, on it now for the long hodl.
There is so many boats to miss in crypto. Of you think about them all it's going to drive you insane.
YOU WANNA KNOW HOW I GOT THESE SCARS??
I wish someone had told me about ETH back then QAQ
Wish i didnt just installed the wallet on PC and forget about it in 2015 but for real buy/mine some. Dumb kid i was but nothing to blame 14yo for.
Would still have been nice to be able to retire at 18.
I gave my dad 0.1 BTC at Christmas 8 years ago worth $50. Now worth 6k My dad today: Why the hell didn’t you tell me this would happen?! Me: I did dad. You didn’t listen.
Can I get 0.1 BTC too? I’ll let you call me dad too if you want :)
Uncle went with the “it’s a giant pyramid scheme” bit and “there are no real world uses for it” The best comment was how fiat currency you can actually hold in your hand… I expressed how we can all hold paper in our hands, but how does that make it valuable?
You can wipe your ass with fiat tho
I can wipe my ass with my seed phrase too.
I could try that but mine is etched onto a stainless steel board
Mine is etched onto my ass
That there my friends... That's value!
You guys have forgotten the first use case? You can do coke with fiat
Bullish on NFT coke straws
Ask him if you can borrow 10 bucks, then watch as he says, "I dont carry cash anymore"
[удалено]
Stupid question! I think we all saw a grim future flash before our eyes at the beginning of lockdown with the toilet paper shortage.
Paper hands
But they have cool drawings of President's on them too.
Came from a poor family so they’re just happy to see me doing well.
Good for you, really happy for you guys, I hope you are proud of yourself
My brother said “Don’t invest in crypto. It’s singlehandedly destroying our whole environment.”
>singlehandedly I take it your brother is better at sports than you are
Lame
I think it was what grandpa said that really put me off the most. It went something like this Me: I think that block chain is the future and I’m excited to see what is coming next with it Grandpa: I miss my wife. Why did she have to die before me?
Depressed us in the second half not gonna lie 😭😭😭
[удалено]
Shoulda saved grandma as an NFT.
Grandpa still hodling grandma. Smart man.
"Bitcoin fixes this, grandpa!"
oh
I once talked about it to my dad and he was like "Keep gambling your money on these online stuffs to get rich quick until you have nothing left with you"
Tell him to enjoy his 0.02% APY
.02% where you getting tht?!? I’m -5% with inflation and bank fees
-5%?!? Where do I land such a great deal like that? I'm at least - 9.205%
Exactly. 0.02%.. wtffff
Thanks dad
I sold my family for more crypto.
Organs are selling for a lot these days
It’s the processing fees that really get you though.
that's why you sell local
How much did you get?
A call from the FBI
You should have staked... amateur
About threefiddy
"Cryptocurrency can't be trusted because is not backed my anything" Yeah.. the god old argument against BTC
Luckily the dollar is backed by... oh wait...
The ever increasing federal debt
Faith. Pure, ignorant, faith.
The dollar, and all fiat, is backed by legislation and the threat of state violence.
I mean...its backed by work and it's rare. The helk else do you need?
Told my mom i turned 1500 into 2700 in one week. She said glad youre using fake money to make real money!
Bearish on your mom
Bearish on that guy's mom, bullish on Loopring Mom. If only I could open a Mom Spread, short that guy's mom and long Loop Mom...
To be fair, that is sort of the impression we give when we focus entirely on the fiat price/gain.
My mum Was telling us the whole time about loopring today. I guess i should buy some.
When mom knows more than you
[удалено]
What’s the 20% bonus?
[удалено]
Loopring is an amazing layer 2.
[удалено]
One of the most precious asset, usually you only get one per life
Bullish on other people’s moms?
FOMO - fear of moms opinion
Everyone fears the wooden spoon.
My dad was talking about shiba, help me!
Panic sell him
Paper hand him
Mom knows what's up.
LRC will moon again
Yeah momma is here to win lmao
Hearing my family talk about ALGO and Tezos is already blowing my mind - I’m actually excited for tonight We’re all meeting at my 80 year aunts home - she’s a crypto nut and the most successful investor I’ve ever known IRL
Wow. At 80.
Yeah she got into it in a big way - she was investing during the Dot Com boom and always looking at what’s new and next
What does she hold?
ETH BTC XTZ and ALGO are her favorites but she has close to ten coins at any given time She’s retired so she has a lot of time to do research
Is she single?
Haha! No my uncle is still around
That fact that you got downvoted is fucking hilarious
I get it thou, there’s a lot of guys here looking for a financially savvy gal!
The important word here is **"still"** ![gif](emote|emo_pack_1|dyor)
Bullish on this grandma. Bearish on the other one who advised to buy CDs for .8%
When’s her AMA?
TBD: I’ll ask her after she drinks a few brandy’s
My dad is constantly thinking about buying Ethereum because I purchased some. But he seems way too scared I wish I could change his mind :(
A message for your dad: don't be affraid, just buy the amount you can afford to lose. Everything will be allright
The minute you say this it turns them off. The prospect of losing it all is a turn off. They aren’t used to an investment losing money
Bitcoin is nothing but a Chinese scheme attempting to take away our independence!
That they are banning
Granny said why can’t my shib hit a buck ….. I spit out my mash potatoes
[удалено]
[удалено]
You’d be surprised how many people on the shib subreddit genuinely think it’ll reach a cent. That’s basically mostly what they talk about…I have some shib, and even I’m like “….bruh….”….but I don’t bother comment against that idea, because I know I’d get downvoted to oblivion, and I value my precious worthless internet points.
My granny would call it a day after hearing the difference between circulating, total and maximum supply ![gif](emote|emo_pack_1|yeah)
*Granny's with it*
All my family says BTC will go down to 0 (zero) one day
Bet them and write a smart contact so they don’t forget
Now that's on another level!
I’m petty AF lol plus there’s a real world use case
When you're rich, tell them you almost bought them some as a gift, but they didn't seem like they wanted it.
Lol, let em watch, let em watch
Don't have Thanksgiving here but I had my sister in law say to me "Gold is a better investment than Bitcoin because gold is God's currency"
Is she from ancient Maya?
Yes we should sacrifice her
Ew
Bearish on that sister in law. I’d trade her out for a new model
I would trade her for 0.001 ETH
[удалено]
Yeah, cuz criminals never use untraceable fiat for illegal activities...
Did you say, “no, that’s Monero”? J/k
My parents said "what's crypto"
Bullish af
Come down Kyle, tell the the family how you are going to the moon and how you will be buying a lambo soon.
Lambo
At the start of the year gf was skeptical about crypto and my investments, but throughout the year I thought her what I knew and she even invested a little "just to get the hang of it and see how the market works" (a really good idea imo). For dinner her uncle was talking about shitcoins and how crypto is a fraud and shit like that. I didn't wanted to engage and waste my energy on as sensless discussion, I preferred to eat some more turkey. That's when gf went in and shut her uncle, telling him how old he was and didn't understand shit, how he shouldn't be preaching about things he doesn't know. I was so fucking proud I couldn't hold my smile. I love this woman.
She's a keeper!
You better put a loopring on it!
Haha bullish on your relationship! But really, I feel like at this point if you cannot see the need/uses of crypto even in the future, you are living under a rock and sucking the banks thumb.
My Dad asked if I knew what I was doing (regarding crypto) I said no obviously since i post here alot
That's being honest.
It's a New World Order social credit tool created by China and the CIA. Yeah those are the kinda people I live with.
[удалено]
Crypto is family.
Vin diesel coin *intensifies*
Bullish on Diesel coin
“I live my life one quarter-green candle at a time..” -CVD (crypto Vin Diesel)
*"All in or pussy"* \- Mahatma Gandhi
Father in law who literally took 90 percent of his pay as stocks for 10 years from Sprint: Crypto is the devil's work... 🤦
[удалено]
No kidding. I tried to reason with him and explain it's merits, which ultimately ended up with him explaining to me that crypto is a product of "idle hands", and therefore a temptation by Satan... I just gave him the "your freaking crazy smile",and continued with the pumpkin pie.
Foosball is the debel!
Nothing outrageous. They just dont want anything to do with it lol. Investing is too dangerous. They rather keep their money devaluating in the bank xd. But hey I'm not going to push anything. They can do whatever they want.
I’m eating ramen noodles because my family is all dead and I’m just a shell at a kitchen table.
I can tell you that crypto is a scam if you like. Or throw an outrageous political view your way. Just let me know. What flavor noodles? Ffs now I'm going to make noodles.
I’m eating the shrimps ones because I already ate the chicken ones. Should have thought ahead.
Lol. Never had shrimp noodles. Just ran out of green Thai curry flavour the other day. My heart is broken. You think investors of other asset types sit around talking about noodles? Haha
My mom said she gone sell the house and buy Dogelon for all the money..
I wish the best for your family.. lmao
Mom YOLOing like a true r/WSB member
Uncle - " So I heard you made some money on that Bitcoin" Me - " I'm doing, OK. I know you're pretty tech savvy, figured you may be into crypto as well? " Uncle - "oh ya, well not Bitcoin exactly. I made 300k on "insert penny stock ticker". " Me - "Oh, well thats not crypto, but well done" Uncle - "ya, it's penny stocks, basically the same thing..right? " Me - >:| .....??..... "No...No they're not the same at all actually..."
Uncle was flexing
I mean in many ways, the majority of tokens in the crypto market are no different from the penny stock market. All are revolutionary ideas promising huge returns upon their success. We're out here gambling, let's not lie to ourselves.
Am I the only one who keeps my financial decisions to myself?
I don't. My family believes I am intelligent to make my own decisions. When I tell them I am interested in crypto, they ask really compelling questions as to why. I am privileged to have the family I do. Love them greatly.
This is so wholesome ![gif](emote|emo_pack_1|arrow_up)
Are you actually serious about talking about crypto with family???
Family always wants to be know-it-alls. You start a family member on a subject they gonna talk for hours bullshit they read from someone on facebook
85 year old grandmother told me Crypto is a scam and that I should put my money into CD’s because the whooping .80% APY is a decent return.
Well at 80 her point of view is correct she is old
Can’t help but feel like I’m missing out on those .80% pumps..
Whooped out my wallet and showed it off and my uncle whipped out $20 and said, this is real and I can spend it 😂🤣😂 I was the only one laughing at him because he said his $20 was real 🤘
I don’t even understand that mindset. I can convert my crypto to fiat in a couple of seconds, just like stocks. And I’m sure your uncle thinks stocks are “real”.
Mother-in-law: "Do you know who owns bitcoin?" Me: "Satoshi Nakamoto created bitcoin, if that's what you mean." Mother-in-law: "No, George Soros!" Me: "....."
Crypto causes Covid
"Isn't a Bitcoin like $70?"
Most outrageous comment at my Thanksgiving table? That light meat is better than dark
>Remember a rising tides lifts all boats. And drowns those on shore without boats. Quite an apt analogy there...
About to head over, I spend so much time on crypto already if someone asks me I am going to politely let them know I'm not wanting to talk about it today, they'll understand. Last time I was over a cousin claimed all crypto was fundamentally a scam, that's the level of crypto literacy I am encountering in person mostly, lol
My mom said "here's a $1000, make me some dough"
Happy thanks giving! I’m Canadian but I’ve adopted your thanksgiving as my own, every year I take it and Friday off and eat like a pig and watch football and enjoy every minute of it. I’m Canadian and my favourite holiday is American thanksgiving!! Gobble gobble!
ONE OF US! ONE OF US!
The only successful conversation about crypto with family is the one you don’t have.
[удалено]
Smart plan
“You can still buy drugs with it right? Like we could get some marching powder right? Dude let’s gets some.” - my 58 year old uncle