Hating on 'crypto' is no different than hating on software, or being against cHeMiCaLs.
Are you against guns? The gov uses them against us all the time. Your logic would have the 2A repealed...
Are you against automobiles? The gov...
Are you against math? The gov...
All things are neutral until people decide to use them for good/bad.
Blockchains enable trustless, decentralized payment systems. They could be implemented to eliminate all government, banks, insurance companies, etc. Don't confuse implementation with its underlying technology.
There aren't many complaints about all of crypto that don't also apply to fiat. The most popular one is crypto's need for electricity, computers, and internet. While it's valid that it isn't practical/possible to use blockchains without these things, neither is using fiat. 97% of US dollars were digitally created in the last 2 years. You ever tried travelling with cash/gold/silver? Ever seen bank without computers? The current world does not function without electricity/computers.
A blockchain is just a ledger that is cryptographically tamper evident. The only difference between a central bank crypto and our current system is the ledger isn't encrypted in this way. Centralization is the problem, not whatever tool they decide to use.
The only real difference between any form of currency is who controls it.
A centralized currency could function just fine with a benevolent money master you trusted. Since we absolutely cannot trust our money master, the only solutions are trustless systems.
Do you know of anything besides crypto than can be used as a trustless payment system?
Blanket hating on crypto because of what the gov could do with it is retardedly redundant, and irrelevant. It's the gov/FED/Central Banks, of course they're doing bad things with everything. Nuclear energy/bombs. Food crops diverted to ethanol production...
Everyone that is against crypto as a whole, but isn't against all forms of currency, and doesn't provide an alternative to blockchain tech and central banking is either shilling, or simply afraid of what they don't understand.
Personally, I think this view of crypto is pure hopium.
For me, the first thing to realize is that these are vehicles of wealth. So much like the stock market, where you can get in and make a buck, but nothing compared to the people actually playing the game.
Basically my view is simple, he who has the gold makes the rules and the rest fall inline. So, doesn't matter what system they are pushing if you want to survive you have to play along on at least some level.
Sure, pick your battles, you can't fight on every front, but remember: He who sacrifices liberty for safety deserves neither.
Only shills and worshippers of the central banking system use crypto as a vehicle of wealth. This hurts crypto and strengthens the central banking system.
If you buy crypto never sell back to fiat. Permanently divest from the central banking system. This includes not buying any centralized crypto. Don't trade stocks or crypto. Trading is modern usury at the societal level. Stocks/crypto boom and bust, not by virtue of their performance or potential, but purely on manipulation and FOMO-populism. Buy crypto based on the underlying technology with your expendable money and hold. Don't chase riches, that's how the world got to be this way in the first place. Greed is very easy to exploit.
Hating on 'crypto' is no different than hating on software, or being against cHeMiCaLs.
Are you against guns? The gov uses them against us all the time. Your logic would have the 2A repealed...
Are you against automobiles? The gov...
Are you against math? The gov...
All things are neutral until people decide to use them for good/bad.
Blockchains enable trustless, decentralized payment systems. They could be implemented to eliminate all government, banks, insurance companies, etc. Don't confuse implementation with its underlying technology.
There aren't many complaints about all of crypto that don't also apply to fiat. The most popular one is crypto's need for electricity, computers, and internet. While it's valid that it isn't practical/possible to use blockchains without these things, neither is using fiat. 97% of US dollars were digitally created in the last 2 years. You ever tried travelling with cash/gold/silver? Ever seen bank without computers? The current world does not function without electricity/computers.
A blockchain is just a ledger that is cryptographically tamper evident. The only difference between a central bank crypto and our current system is the ledger isn't encrypted in this way. Centralization is the problem, not whatever tool they decide to use.
The only real difference between any form of currency is who controls it.
A centralized currency could function just fine with a benevolent money master you trusted. Since we absolutely cannot trust our money master, the only solutions are trustless systems.
Do you know of anything besides crypto than can be used as a trustless payment system?
Blanket hating on crypto because of what the gov could do with it is retardedly redundant, and irrelevant. It's the gov/FED/Central Banks, of course they're doing bad things with everything. Nuclear energy/bombs. Food crops diverted to ethanol production...
Everyone that is against crypto as a whole, but isn't against all forms of currency, and doesn't provide an alternative to blockchain tech and central banking is either shilling, or simply afraid of what they don't understand.
Personally, I think this view of crypto is pure hopium.
For me, the first thing to realize is that these are vehicles of wealth. So much like the stock market, where you can get in and make a buck, but nothing compared to the people actually playing the game.
Basically my view is simple, he who has the gold makes the rules and the rest fall inline. So, doesn't matter what system they are pushing if you want to survive you have to play along on at least some level.
Sure, pick your battles, you can't fight on every front, but remember: He who sacrifices liberty for safety deserves neither.
Only shills and worshippers of the central banking system use crypto as a vehicle of wealth. This hurts crypto and strengthens the central banking system.
If you buy crypto never sell back to fiat. Permanently divest from the central banking system. This includes not buying any centralized crypto. Don't trade stocks or crypto. Trading is modern usury at the societal level. Stocks/crypto boom and bust, not by virtue of their performance or potential, but purely on manipulation and FOMO-populism. Buy crypto based on the underlying technology with your expendable money and hold. Don't chase riches, that's how the world got to be this way in the first place. Greed is very easy to exploit.
Digital Currency is not crypto