Dude....you're bringing in a shit ton of issues into the discussion that aren't relevant, and expecting me to respond. I'm just telling you why, from the perspective of finance, why purchasers and sellers want to know who they are dealing with, when it's not a cash transaction. It comes down to fraud prevention.
People are trying to take crypto and make it work like a credit card. It's not, at least not without super mining capabilities to process the block chain, and that's not happened yet.
You want privacy with crypto, then don't expect to use it at Walmart.
I don't want to use crypto at Walmart that's exactly it. Everybody has a credit card for that.
Rather you'd use it on other side of the planet trading through internet connectivity. Then it's still a redundant gimmick because there's PayPal for that, and it's much quicker.
It was exclusively for transactions not being monitored and online goods and services trading around the globe.
Why would you use crypto at Walmart. Because some looney tune invested into it trying to rake some gain. But then why are they spending it, at Walmart, not online? Because paying through a phone is so cool. Until they drop their damn phone. Seen that loads now. What was that point?
Why spend crypto at Walmart? I wouldn't, but crypto-heads are making a future where you can. More power to them I suppose. They are getting further along with changing things than 3 generations of goldbugs with their coin collecting. Note, I collect silver coins myself, but they really are useless except as an inflation hedge.
In the future, people will transfer money back and forth to each other via crypto like they do direct deposits for paychecks from most businesses.
And crypto was never exclusively for transactions not being monitored. Its primary purpose was to be an alternate medium of exchange than heavily manipulated fiat currencies. It still serves that purpose. Further, when you look at how Gab and wikileaks were de-banked and de-platformed, and how physical checks and bitcoin donations kept them going, the other purpose that cryptos serve is a means around the banking system.
Except, without cash your society hyper inflates. A credit card provides debt because you didn't have cash. Buy it for even more. Paying later. But have it now. You need it. It's even shinier when you drop your phone.
Getting further, no they're going backwards. You're offering a gimmick to replace their currency. All so somebody else profits more off of the shitcoins. They're sooner the energy companies charging double. Another gimmick to force debt with a promise of even more inflation.
I'M not offering anything, just explaining how things work. Don't make the mistake that you think someone telling you that cars need gas to drive is working for an oil company.
And again, you're bringing in unrelated nonsense. I think this conversation is about done. Have a good weekend.
Dude....you're bringing in a shit ton of issues into the discussion that aren't relevant, and expecting me to respond. I'm just telling you why, from the perspective of finance, why purchasers and sellers want to know who they are dealing with, when it's not a cash transaction. It comes down to fraud prevention.
People are trying to take crypto and make it work like a credit card. It's not, at least not without super mining capabilities to process the block chain, and that's not happened yet.
You want privacy with crypto, then don't expect to use it at Walmart.
I don't want to use crypto at Walmart that's exactly it. Everybody has a credit card for that.
Rather you'd use it on other side of the planet trading through internet connectivity. Then it's still a redundant gimmick because there's PayPal for that, and it's much quicker.
It was exclusively for transactions not being monitored and online goods and services trading around the globe.
Why would you use crypto at Walmart. Because some looney tune invested into it trying to rake some gain. But then why are they spending it, at Walmart, not online? Because paying through a phone is so cool. Until they drop their damn phone. Seen that loads now. What was that point?
Why spend crypto at Walmart? I wouldn't, but crypto-heads are making a future where you can. More power to them I suppose. They are getting further along with changing things than 3 generations of goldbugs with their coin collecting. Note, I collect silver coins myself, but they really are useless except as an inflation hedge.
In the future, people will transfer money back and forth to each other via crypto like they do direct deposits for paychecks from most businesses.
And crypto was never exclusively for transactions not being monitored. Its primary purpose was to be an alternate medium of exchange than heavily manipulated fiat currencies. It still serves that purpose. Further, when you look at how Gab and wikileaks were de-banked and de-platformed, and how physical checks and bitcoin donations kept them going, the other purpose that cryptos serve is a means around the banking system.
See that was the agenda, MR Peso. Bucks Fucks.
Except, without cash your society hyper inflates. A credit card provides debt because you didn't have cash. Buy it for even more. Paying later. But have it now. You need it. It's even shinier when you drop your phone.
Getting further, no they're going backwards. You're offering a gimmick to replace their currency. All so somebody else profits more off of the shitcoins. They're sooner the energy companies charging double. Another gimmick to force debt with a promise of even more inflation.
I'M not offering anything, just explaining how things work. Don't make the mistake that you think someone telling you that cars need gas to drive is working for an oil company.
And again, you're bringing in unrelated nonsense. I think this conversation is about done. Have a good weekend.