Looking for comments? There are no comments. Moving on with life.ĭay 18 of the #100DaysToOffload 2022 Series. I don’t know if I’ve managed to convey the frustration this process caused. Now that I’ve got the currency in PayPal, and I’m tired of dealing with this, I do a quick conversion from crypto to just plain old US dollars. It finally worked, but not before much profanity was loosed on the world. There were several tries where PayPal said my identity was verified only to change its mind on the next screen and kick me back out. I’m not sure how many people break into someone else’s PayPal account and sends them a bunch of money, but PayPal must be really worried about it. It wouldn’t let me get my Ethereum address to do the transfer without some pretty intrusive identity verification stuff, including scanning my drivers license and a picture of my face (to compare to the license). PayPal was a total pain the ass, and that’s the polite version. Now, Step 1.2, get the currency from Coinbase to PayPal. Converting from Lumens to Ethereum inside of Coinbase was the most painless part of this process. It’s popular enough to be supported and not quite the overused juggernaut that is Bitcoin. I did the barest minimum of research before settling on Ethereum. I needed to convert it to something that PayPal could ingest. The currency is now in Coinbase, but it’s still Lumens. For some reason Keybase required that I leave eleven cents there. After a half dozen attempts, I finally got the currency to transfer. Not sure if that was Keybase or if that Stellar network is just not very stable. For those not aware, the Stellar network is for Lumens. My first several attempts to transfer the currency out of Keybase were complete failures. I wasn’t wanting to leave any currency there long term, but I had an account already and it worked with both the Lumens from Keybase and the currencies PayPal did support. So, Step 1.1, get the currency somewhere that could interface with both Keybase and PayPal. Well, that’s virtually impossible since PayPal doesn’t deal in Lumens and Keybase only deals in Lumens. I settled on PayPal as the “final destination” for my crypto. I just didn’t want to put too much effort into them. They could be fine, but then they also lost over a billion dollars in the second quarter this year. At some point I’d started a Coinbase account, but the whole service makes me nervous. Other services, like PayPal don’t work with Lumens. I wanted to get that currency out of Keybase, but really the only currency Keybase works with is Lumens. I don’t know how much of this was Keybase and how much of this is typical behavior. No reason to leave free money on the table though, so I went about moving that cryptocurrency to another location. Now, I’m going to be closing that account down. I figured it was free crypto, and if it took off I’d retire. To get some of the currency in circulation, they just gave it away. To push the currency, one of the things that Keybase did several times is a currency dump. It’s one of the lesser known crytocurrencies, not your Ethereums or Bitcoins. Originally Keybase made a deal with someone I don’t remember and am not motivated to look up to deal in Lumens. Keybase originally did one thing and one thing well, but then they just added more and more stuff to it. This is all I’m going to say about that.Īs I said in my last post, I’m ditching Keybase. There are other forms of crypto, like NFTs, that I feel are a complete scam. I’ve always felt fairly neutral about them. This post is strictly about cryptocurrency. My ambivalence has led me to not be involved with them much. I feel like they could be good or bad, like pretty much any currency. Mostly The Lonely Howls Of Mike Baying His Ideological Purity At The Moon Home About Mike Contact Me What is Linux? Blogroll Archive Playing With CryptoĬryptocurrency is one of those things that I don’t have a strong opinion about.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |