Who said you can't spend crypto? Redditor sells free Moon tokens to pay rent
This Reddit user has found a unique way to make ends meet during the pandemic. A Reddit user by the name of “satoshinakamoto7” claims to have used their free MOON tokens to pay this month’s rent, offering another sign that cryptocurrencies are beginning to add real value to people’s lives. In a post that appeared on Tuesday, satoshinakamoto7 said they had burned through all of their cash savings and gold during the pandemic after being without a job for ten months. That’s when they remembered that they had over 14,000 Moons in their possession. The user explained:“I was wondering what to....
Related News
Non-Fungible Tokens (NFTs) are the latest class of assets in the crypto world. These tokens share almost all the inherent characteristics of a cryptocurrency except for fungibility, meaning each NFT is distinct from another. Due to their unique nature, NFTs are gaining prominence as assets with virtually unlimited value and are considered the next big […]
This is the story of a Redditor’s roundabout way of making a hefty Bitcoin profit. A Reddit user by the name of "u/Cryptorich13" has capitalized on the social media platform’s crypto reward system by converting his stash of free coins into Bitcoin (BTC). In a Sunday post, u/Cryptorich13 explained how he converted his 80,000 Moon reward into Bitcoin earlier this year. The value of his holdings has ballooned following the latest Bitcoin price pump. He said:“I shitposted a lot in 2017. I was awarded 80k reddit moons earlier this year which I sold on the rinkeby testnet using XDai and....
Today is a rare full moon called the Super Flower Moon that also happens to coincide with a total lunar eclipse that gives the moon a crimson color. For the most part, this should have no impact on Bitcoin, however, after seeing a moon phase chart its impossible not to notice at least some correlation […]
The Redditor attempted to transfer a wallet to a new computer without confirming the password to the private keys was accessible. A Redditor has issued a warning to “overconfident” HODLers after losing the password to their crypto wallet by not acting cautiously enough.A Bitcoiner with the username Onnar posted they had lost access to 2.6 Bitcoin (BTC) — roughly $96,400 at the time of publication — while attempting to transfer a wallet to a new computer purchased over the holidays. The user claimed to have formatted the drive of their old system without double checking whether the password....
Elon Musk will accumulate Bitcoin, but will he spend it? The Tesla CEO now has the chance to pay his rent in BTC following its adoption by the real-estate firm he uses. After becoming a corporate pioneer in cryptocurrency adoption, Elon Musk could be about to take the next step and begin paying rent in Bitcoin (BTC).While no announcement has been made by the “Technoking” himself, news broke on April 7 regarding a partnership between Los Angeles real-estate firm, Caruso Properties, and the Gemini cryptocurrency exchange, founded by the Winklevoss twins.Following the partnership, Caruso will....