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Can i buy bitcoin on robinhood reddit

Written by Alice Oct 19, 2021 · 8 min read
Can i buy bitcoin on robinhood reddit

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However if one just wants to buy bitcoin. And is there any downside to using robinhood to invest in BTC other than the simple fact that. Robinhood likely doesnt actually even buy any bitcoins on your behalf when you buy bitcoins in the app. You cant withdraw that bitcoin you cant send that bitcoin you cant receive bitcoin as payment and you are 100 reliant on Robinhood. They could just be taking on a liability in the same amount as though they were holding bitcoins and they would hedge that liability with credit default swaps and other bullshit derivatives.

Can I Buy Bitcoin On Robinhood Reddit. Robinhood likely doesnt actually even buy any bitcoins on your behalf when you buy bitcoins in the app. You paid Robinhood and are trusting that they will give you your money back at some future date. You cant transfer it from RH to another entity. However if one just wants to buy bitcoin.


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You didnt buy a bitcoin. You paid Robinhood and are trusting that they will give you your money back at some future date. You cant withdraw that bitcoin you cant send that bitcoin you cant receive bitcoin as payment and you are 100 reliant on Robinhood. So essentially the crypto is not really yours. Robinhood likely doesnt actually even buy any bitcoins on your behalf when you buy bitcoins in the app. However if one just wants to buy bitcoin.

So if you want to actually own bitcoin and store it then use a different platform like Coinbase.

The buying power of 1 today is. They could just be taking on a liability in the same amount as though they were holding bitcoins and they would hedge that liability with credit default swaps and other bullshit derivatives. 3 of what it was in 1913 FED created 13 of what it was in 1971 Bretton Woods collapse beginning of fiat petrodollar era The US dollar has lost over 20 of its value in the same period Bitcoin went from 0 to 65k. You cant transfer it from RH to another entity. However if one just wants to buy bitcoin. Crucially this means that holding bitcoins in Robinhood does not actually take any bitcoins.


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On Robinhood its stored in a wallet as well just not a wallet that you can manage. Robinhood likely doesnt actually even buy any bitcoins on your behalf when you buy bitcoins in the app. The buying power of 1 today is. And is there any downside to using robinhood to invest in BTC other than the simple fact that. Crucially this means that holding bitcoins in Robinhood does not actually take any bitcoins.

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They could just be taking on a liability in the same amount as though they were holding bitcoins and they would hedge that liability with credit default swaps and other bullshit derivatives. So if you want to actually own bitcoin and store it then use a different platform like Coinbase. And is there any downside to using robinhood to invest in BTC other than the simple fact that. The buying power of 1 today is. You paid Robinhood and are trusting that they will give you your money back at some future date.

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On Robinhood its stored in a wallet as well just not a wallet that you can manage. The buying power of 1 today is. 3 of what it was in 1913 FED created 13 of what it was in 1971 Bretton Woods collapse beginning of fiat petrodollar era The US dollar has lost over 20 of its value in the same period Bitcoin went from 0 to 65k. However if one just wants to buy bitcoin. They could just be taking on a liability in the same amount as though they were holding bitcoins and they would hedge that liability with credit default swaps and other bullshit derivatives.

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And is there any downside to using robinhood to invest in BTC other than the simple fact that. You cant transfer it from RH to another entity. Robinhood likely doesnt actually even buy any bitcoins on your behalf when you buy bitcoins in the app. So if you want to actually own bitcoin and store it then use a different platform like Coinbase. And is there any downside to using robinhood to invest in BTC other than the simple fact that.

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So essentially the crypto is not really yours. The buying power of 1 today is. You didnt buy a bitcoin. 3 of what it was in 1913 FED created 13 of what it was in 1971 Bretton Woods collapse beginning of fiat petrodollar era The US dollar has lost over 20 of its value in the same period Bitcoin went from 0 to 65k. They could just be taking on a liability in the same amount as though they were holding bitcoins and they would hedge that liability with credit default swaps and other bullshit derivatives.

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Crucially this means that holding bitcoins in Robinhood does not actually take any bitcoins. However if one just wants to buy bitcoin. Robinhood likely doesnt actually even buy any bitcoins on your behalf when you buy bitcoins in the app. The buying power of 1 today is. You paid Robinhood and are trusting that they will give you your money back at some future date.

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You didnt buy a bitcoin. So if you want to actually own bitcoin and store it then use a different platform like Coinbase. You cant transfer it from RH to another entity. They could just be taking on a liability in the same amount as though they were holding bitcoins and they would hedge that liability with credit default swaps and other bullshit derivatives. The buying power of 1 today is.

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You cant transfer it from RH to another entity. So if you want to actually own bitcoin and store it then use a different platform like Coinbase. So essentially the crypto is not really yours. Crucially this means that holding bitcoins in Robinhood does not actually take any bitcoins. The buying power of 1 today is.

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You paid Robinhood and are trusting that they will give you your money back at some future date. So if you want to actually own bitcoin and store it then use a different platform like Coinbase. And is there any downside to using robinhood to invest in BTC other than the simple fact that. The buying power of 1 today is. Robinhood likely doesnt actually even buy any bitcoins on your behalf when you buy bitcoins in the app.

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3 of what it was in 1913 FED created 13 of what it was in 1971 Bretton Woods collapse beginning of fiat petrodollar era The US dollar has lost over 20 of its value in the same period Bitcoin went from 0 to 65k. Robinhood likely doesnt actually even buy any bitcoins on your behalf when you buy bitcoins in the app. So if you want to actually own bitcoin and store it then use a different platform like Coinbase. So essentially the crypto is not really yours. You cant transfer it from RH to another entity.

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However if one just wants to buy bitcoin. You cant transfer it from RH to another entity. You didnt buy a bitcoin. The buying power of 1 today is. You paid Robinhood and are trusting that they will give you your money back at some future date.

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