why are you conflating all cryptocurrencies and bitcoin? the value in crypto isn’t it’s value in fiat, it’s in the MATH and the ENCRYPTION that prevents typical fed type alchemy. yeah it is not invulnerable but the logic you apply to crypto as why it’s unsure could easily be applied to almost anything. you’re relating all crypto to bitcoin and it’s current conception. it’s just not the case. i’ll say this again, the worth in crypto is not it’s worth when traded into fiat, it’s in the fact that it’s value is determined mathematically and can’t just be changed on a whim. the value in fiat can be jerked around with ease, the math it’s based on can’t. people have used all types of objects to exchange value. heard of a tally stick? crypto and all the buzzwords and the news and hype really fuck up and obfuscate the beauty and simplicity of what crypto CAN be, which is transacting without the need for trust. if you’re talking about 51/50 attacks, hypothetical internet shutdowns, biometric requirements to use the internet, sha256 being broken, ok, then that’s more of a conversation. talking about it with respect to the value of fiat (which has no value) really doesn’t have bearing on the concept of cryptocurrency and encryption.
The fact its such a big fad and everyone is convinced they know all about it and its gonna get them rich made me realize its bull from the jump. Then when you learn about the plans for a cashless society and cbdc, it becomes obvious.
Also it could be unrelated and just part of a larger scam in general but as you said the markets are already manipulated to high heavens, this is an even less regulated speculative market where the only winners are the insiders and the lucky
No shit lol.
Globohomo coin beta test.
The internet was touted as decentralized technology in the 90s. Became centralized within two decades.
The internet was centralized from the start. Darpanet. it was government and corporate work from the beginning
why are you conflating all cryptocurrencies and bitcoin? the value in crypto isn’t it’s value in fiat, it’s in the MATH and the ENCRYPTION that prevents typical fed type alchemy. yeah it is not invulnerable but the logic you apply to crypto as why it’s unsure could easily be applied to almost anything. you’re relating all crypto to bitcoin and it’s current conception. it’s just not the case. i’ll say this again, the worth in crypto is not it’s worth when traded into fiat, it’s in the fact that it’s value is determined mathematically and can’t just be changed on a whim. the value in fiat can be jerked around with ease, the math it’s based on can’t. people have used all types of objects to exchange value. heard of a tally stick? crypto and all the buzzwords and the news and hype really fuck up and obfuscate the beauty and simplicity of what crypto CAN be, which is transacting without the need for trust. if you’re talking about 51/50 attacks, hypothetical internet shutdowns, biometric requirements to use the internet, sha256 being broken, ok, then that’s more of a conversation. talking about it with respect to the value of fiat (which has no value) really doesn’t have bearing on the concept of cryptocurrency and encryption.
Math is mental masturbation past calculus. Its not REAL. its a mental abstraction
what are you even saying? precious metals and their value is just as much a mental abstraction. please try to make a valid point here
precious metals have real value
The fact its such a big fad and everyone is convinced they know all about it and its gonna get them rich made me realize its bull from the jump. Then when you learn about the plans for a cashless society and cbdc, it becomes obvious.
Also it could be unrelated and just part of a larger scam in general but as you said the markets are already manipulated to high heavens, this is an even less regulated speculative market where the only winners are the insiders and the lucky
Yo I hear you. I just put a batch of fruit in the freeze dryer.
The government hates Bitcoin and has their shills discredit it every single day.
THIS!! satoshi and his ex-NSA team are genius guys.. Govt will try to impose a substitute for bitcoin.. they fear it so much.