Might As Well Call This Brews & MaxiBTC

While I am sitting here writing this article, I am enjoying a Yuengling Black & Tan. I’ve really got to go visit their brewery in Pennsylvania one day. I have been a fan of Yuengling for a long time and Black & Tan just sits well with me. I’m in upstate New York on vacation and will be driving thru Penn next week – so maybe a little detour to Pottsville, PA is in store for my immediate future.

I’ve been in the crypto space for about 5 years. I had some BTC in 2015 and then had an Ethereum rig in 2017. Sadly I can’t find that BTC wallet anywhere (but I keep looking). And the Eth rig broke down years ago after netting me a loss of about $200. We (me and the wife) had successfully mined about $60 before the breakdown. I sold the parts and recouped a bit of the loss.

I took a break from crypto and then fell down the altcoin rabbit hole and explored the crypto exchanges, and DeFi and was seriously into some of the altcoins and their projects. But I really had no idea why I was into this – other than perhaps greed and dreams of riches.

I knew I wasn’t very good at trading. I didn’t enjoy learning about technical analysis. I realized that reading the charts was always about looking at the past. And that is just not my bag.

I messed around in DeFi and did some yield farming and also took a loan out to buy more altcoins. That was a piss-poor idea. The loan was using my Eth as collateral and the payback was in Eth and not a stable coin and so if the collateral went up in value so did the amount I owed. That didn’t make a whole lot of sense unless the altcoin I purchased made some significant gains – it didn’t. It lost a lot of value. I made a very fast effort to pay that loan back. Looking back, I realize I was uncomfortable because I didn’t understand what I was getting in to – the shitcoin casino. I also didn’t understand what money was and I guess I didn’t care at the time. And if you don’t know, altcoins are not money. They may have value but that doesn’t make them money.