George Soros’ fund owns bitcoin, CEO confirms.
(www.cnbc.com)
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Because if we all switched to crypto, the gov would completely control what we can buy, sell and what we can say or do.
You need to read this article by Ed Snowden about the difference between decentralized crypto and CBDCs. One is a path to freedom and the other is enslavement to the state.
Coinbase has the power to give or take crypto from us so it’s not decentralized at all.
Rockafeller owns the electric company which he can turn on or off so it’s not decentralized.
Rothschild holds the money printers which can print out billions of dollars and buy out all the crypto so it’s not decentralized.
They love gullible people who they can convince that crypto is decentralized.
Coinbase only has access to the coins on its exchange. If you don't hold the private keys, you don't own the coins. There's an easy way around that by storing your keys in an offline hardware wallet, or just memorizing your recovery phrase.
If the electrical grid is purposely or accidentally turned off for more than 3 days we have bigger problems to worry about than the ability to send and receive crypto.
I think many people who own crypto are in it to protect themselves against the very scenario you describe. Crypto is immune to this sort of attack because people would have to be fooled into selling for worthless paper.
Real crypto is decentralized and functions without any middleman or banker. The CBDCs are very bad news because they would put a banker in control of every transaction. It would destroy economic freedom and enslave everyone using it to the state.
People like to criticize things they don't understand and don't wish to gain an understanding of.
There's a lot of cryptobigotry here. Thanks for being someone that actually understands cryptocurrencies.
The best economy is indirect trade which doesn’t use money at all. Gifting economy.