The initial rise of crypto was feeded not by anonymity from each other, but by anonymity from any authority. You don't have to hide your identity from people you use crypto with. You could pay in crypto to your neighbour for car repair and receive it from another neighbour for honey from your bees. But that transactions will be anonymous for authorities if you all don't want them to know about your trade.
You are not obliged to pay to persons that are anonymous for you. And you could be anonymous if you wish. F.e. for the entities with whom you don't want to share your identity and information about your transactions.
The main flaw of conventional money systems is complete control and possibility of tracking by authorities. With the rising intrusion of authorities into our privacy, including financial one, when they could know absolutely everything up to last dollar you spent on toilet paper, demand of independent currency would grow. I can't tell you if it would be some advanced crypto, or people will invent something much better, but it is inevitable.
For now, it is already hard to tell what is worse - to loose all your money due to some artificial crisis, or, say, forfeiture/seizure by authorities, or to loose some coins because of exchange games or malicious seller.
Observing current games with cryptocurrencies we could find a lot of interesting knowledge and be prepared for that independent currency when it pops up once.
Being able to trade a currency like you suggest is invaluable to good communities. Right now people use cash or favours (IOU’s and the like). Cash and goods are useful in areas without internet(lots of that around me sadly).
The whole angle of “we don’t trust the powers that be so we’ll start our OWN currency! With hookers! And blackjack!” is almost noble, and I understand why you could want that. I find I can’t stand behind a system that has mysterious origins, players who manipulate values similar to the existing bullshit filled market, and currencies that have little applicable use in my neck of the woods. I’m honestly better off trading produce from my garden, wine or a beef than I am trying to trade in digital currency out here.
Cash and goods are useful in areas without internet(lots of that around me sadly).
Strange, but in 3rd-world Rusiia, we have internet nearly everywhere, even in a village shop in the middle of taiga you could pay with bank card using shop's internet-connected terminal. And higly probably upstream will be optics line from nearest city, not even that shitty ADSL. Very few places is without internet, and even there you could use old geostationary satellite two-way terminal to get not very fast, but working good enough for banking internet.
It's not the first time when I hear about the problems with internet in US. What's wrong with US that it have problems with internet connection? Don't you have a lot of small internet providers that will happily pull the dirt cheap optics line to any place where could be a customer?
I find I can’t stand behind a system that has mysterious origins, players who manipulate values similar to the existing bullshit filled market, and currencies that have little applicable use in my neck of the woods.
Right now you are using internet, that has mysterious origins, players who manipulate not only values, but your mind and bells and whistles that have little applicable use in the woods. And seems that all that does not make you uncomfortable, and you easily use that system for your own good.
Technology can't be evil or good. Everything depends on how you use it. Any technology could be used for your own purposes regardless who create it and how it used by others. That's the thing that makes everything much more interesting even in our clown world.
Not in the USA friend I’m in central Canada. There’s only internet here at my house out in the country using my cell phone and a $700 cell booster. On a waiting list to get internet that supposed to be here sometime in the fall. (Looks outside at the winter snow).
Cell service isn’t a guarantee out here. Not enough population to warrant the cost of an expansive network to provide service in areas it might not be used by anyone. Major cities and small towns have service, sure. Small towns all had phone service via telephone lines and banking systems can use that with slower modems(yeah the dial up bank card systems are still in place out here in places.)
I’ve looked into Elon musks star link, but waiting on the competition service in case I can bundle mine and my wife’s cell phones (along with the kids) with the internet to cut down on all the costs. If I can’t, so be it but waiting on the option.
The internet’s origins aren’t mysterious. Historically it’s a toss up between believing the military had it first for systems and remote locations or if the universities had the “real” internet first because non military people could use it. First was connected systems, then message boards, then websites, and so on til here we are. Shady players making bad apps and sites is an issue alright, but like you advise in not tossing money into shit coins, we also advise not tossing your personal info onto shady web services. DTA, Don’t Trust Anyone. My father also worked for 2 different phone companies in his life installing the equipment and repairing it, so I’ve gotten to see the physical hardware the internet in my area was running on, including the fibre. It’s pretty cool up close, gotta admit. But getting dirt cheap fibre optic ran to my house? No providers here will do it cheap. Closest place that will have fibre to tap into and bring my way is 50km ish away if there’s no dark fibre they can use closer to me to run a shorter distance. Even if they could tap into it ran down the nearby main highway that’s still a 12-13km run to me. Not exactly cheap, although I wish I was.
There’s only internet here at my house out in the country using my cell phone and a $700 cell booster.
Holy shit.
What is the cause for that situation? I mean overall. I have friends in US who still use expensive and shitty as fuck ADSL over copper wires, and there are no any other providers. That is impossible in Russia. There will be few providers with fiber and lowest possible prices to choose from in that situation.
Closest place that will have fibre to tap into and bring my way is 50km ish away if there’s no dark fibre they can use closer to me to run a shorter distance. Even if they could tap into it ran down the nearby main highway that’s still a 12-13km run to me. Not exactly cheap, although I wish I was.
IDK, but 1km of 2 fiber single-mode self-holding cable cost something near $100 -$150 here. You could just drop it along the road if you are really far from civilisation. Hanging it on electric poles could cost additional $50-$100 per km including some payments to owner of poles, or you could deal on some kind of rent for cheap. Should not be a big deal for Canadian salaries ( average IT junior ~ $4K/month IIRC? ).
May be you have some very restrictive laws on all that providing business and only huge companies could afford to pay all licensing fees, goverment taxes and fullfill state and national security requirements for that kind of business? So big company is not interested in single customer and small companies does not exist?
The initial rise of crypto was feeded not by anonymity from each other, but by anonymity from any authority. You don't have to hide your identity from people you use crypto with. You could pay in crypto to your neighbour for car repair and receive it from another neighbour for honey from your bees. But that transactions will be anonymous for authorities if you all don't want them to know about your trade.
You are not obliged to pay to persons that are anonymous for you. And you could be anonymous if you wish. F.e. for the entities with whom you don't want to share your identity and information about your transactions.
The main flaw of conventional money systems is complete control and possibility of tracking by authorities. With the rising intrusion of authorities into our privacy, including financial one, when they could know absolutely everything up to last dollar you spent on toilet paper, demand of independent currency would grow. I can't tell you if it would be some advanced crypto, or people will invent something much better, but it is inevitable.
For now, it is already hard to tell what is worse - to loose all your money due to some artificial crisis, or, say, forfeiture/seizure by authorities, or to loose some coins because of exchange games or malicious seller.
Observing current games with cryptocurrencies we could find a lot of interesting knowledge and be prepared for that independent currency when it pops up once.
Being able to trade a currency like you suggest is invaluable to good communities. Right now people use cash or favours (IOU’s and the like). Cash and goods are useful in areas without internet(lots of that around me sadly).
The whole angle of “we don’t trust the powers that be so we’ll start our OWN currency! With hookers! And blackjack!” is almost noble, and I understand why you could want that. I find I can’t stand behind a system that has mysterious origins, players who manipulate values similar to the existing bullshit filled market, and currencies that have little applicable use in my neck of the woods. I’m honestly better off trading produce from my garden, wine or a beef than I am trying to trade in digital currency out here.
Strange, but in 3rd-world Rusiia, we have internet nearly everywhere, even in a village shop in the middle of taiga you could pay with bank card using shop's internet-connected terminal. And higly probably upstream will be optics line from nearest city, not even that shitty ADSL. Very few places is without internet, and even there you could use old geostationary satellite two-way terminal to get not very fast, but working good enough for banking internet.
It's not the first time when I hear about the problems with internet in US. What's wrong with US that it have problems with internet connection? Don't you have a lot of small internet providers that will happily pull the dirt cheap optics line to any place where could be a customer?
Right now you are using internet, that has mysterious origins, players who manipulate not only values, but your mind and bells and whistles that have little applicable use in the woods. And seems that all that does not make you uncomfortable, and you easily use that system for your own good.
Technology can't be evil or good. Everything depends on how you use it. Any technology could be used for your own purposes regardless who create it and how it used by others. That's the thing that makes everything much more interesting even in our clown world.
Not in the USA friend I’m in central Canada. There’s only internet here at my house out in the country using my cell phone and a $700 cell booster. On a waiting list to get internet that supposed to be here sometime in the fall. (Looks outside at the winter snow). Cell service isn’t a guarantee out here. Not enough population to warrant the cost of an expansive network to provide service in areas it might not be used by anyone. Major cities and small towns have service, sure. Small towns all had phone service via telephone lines and banking systems can use that with slower modems(yeah the dial up bank card systems are still in place out here in places.)
I’ve looked into Elon musks star link, but waiting on the competition service in case I can bundle mine and my wife’s cell phones (along with the kids) with the internet to cut down on all the costs. If I can’t, so be it but waiting on the option.
The internet’s origins aren’t mysterious. Historically it’s a toss up between believing the military had it first for systems and remote locations or if the universities had the “real” internet first because non military people could use it. First was connected systems, then message boards, then websites, and so on til here we are. Shady players making bad apps and sites is an issue alright, but like you advise in not tossing money into shit coins, we also advise not tossing your personal info onto shady web services. DTA, Don’t Trust Anyone. My father also worked for 2 different phone companies in his life installing the equipment and repairing it, so I’ve gotten to see the physical hardware the internet in my area was running on, including the fibre. It’s pretty cool up close, gotta admit. But getting dirt cheap fibre optic ran to my house? No providers here will do it cheap. Closest place that will have fibre to tap into and bring my way is 50km ish away if there’s no dark fibre they can use closer to me to run a shorter distance. Even if they could tap into it ran down the nearby main highway that’s still a 12-13km run to me. Not exactly cheap, although I wish I was.
Sorry, didn't know that.
Holy shit.
What is the cause for that situation? I mean overall. I have friends in US who still use expensive and shitty as fuck ADSL over copper wires, and there are no any other providers. That is impossible in Russia. There will be few providers with fiber and lowest possible prices to choose from in that situation.
IDK, but 1km of 2 fiber single-mode self-holding cable cost something near $100 -$150 here. You could just drop it along the road if you are really far from civilisation. Hanging it on electric poles could cost additional $50-$100 per km including some payments to owner of poles, or you could deal on some kind of rent for cheap. Should not be a big deal for Canadian salaries ( average IT junior ~ $4K/month IIRC? ).
May be you have some very restrictive laws on all that providing business and only huge companies could afford to pay all licensing fees, goverment taxes and fullfill state and national security requirements for that kind of business? So big company is not interested in single customer and small companies does not exist?