Straighten me out

In case you overlook your password you lose your cash.
It may be hacked with no strategy to get your a reimbursement.
There is no such thing as a intrinsic worth. Like if I owned McDonalds and so they went bankrupt, there can be many belongings to distribute.

I consider crypto like paper checks. They’re a comfort mechanism with no precise worth. If a retailer pays 3% for Visa card transactiins and bitcoin expenses 2%, what stops the opposite hundreds of cryptos from doing it for 1.75%

And with the brand new infrastructure invoice, any transaction over 10k has to file a 8300 kind in 15 days or face 25k fantastic or 5 yrs in jail per incident.

Straighten me out on what I am lacking. I am 62 and 50/50 complete bond and complete inventory index funds.

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