No institution is going to grow in the space to facilitate the transactions
Real crypto dudes perfectly know that the basic property of cryptocurrency is that you absolutely don't need any institutions to facilitate the transactions because easiest possible way to do transaction in crypto is doing it from your own node. You can't somehow facilitate it more. And you don't need ANY third-party to use crypto.
So, no, it is not crypto end. It will be perfect if all that shitty and comletely unneeded excahnges will finally bankrupt and disappear. It will be the best day in cryptocurrency world. Great Cleaning from all that dumbfucks who didn't RTFM and thought that cryptocurrency is just another gambling shit like stocks or futures.
That could be the last gambit of the institutes. Basically, you try and figure out which crypto is "popular" enough for people to stay interested in but also keep an eye on people dumping it. Then as you notice they are dumping it, you buy say 50% of the crypto, make the price skyrocket and then you watch as others buy into and sell the other 50%, then let's say the price goes up 3X, then the institute could just sell it and reap all the benefits.
Though with that logic in mind, there is no change that Bitcoin will be used again, it's too known and it's going down by a large amount(even though all crypto has gone down the same % in the last year). But they would most likely invest in something that doesn't use a lot of money than something that does because then you could get a bunch of people to invest 100-200 into it to the point where the price is enough to profit it off it by a lot.
Who cares about stupid trading games and rate to some shitty fiat?
Cryptocurrency is not an asset or stocks, it is a currency. Its purpose is to allow independent, unstoppable and verifiable mean of exchange.
invest
Cryptocurrency is not an investment. And never was. It is some idiots with severe case of cerebrum trading affection for some reason decide to play their stupid gambling with it.
Cryptocurrency is a mean of exchange, not an asset, stocks, investments, whatever crap that stupid economists invented to milk the herd. It is a special kind of payment system. You don't need to buy or sell crypto. You are Federal Reserve and a bank for yourself in that system. You don't need anything else to sell and by things and services. All that senseless crypto exchanges is not needed at all in the first place. Is it so hard to understand?
The vast majority of cash that has come into crypto for the last 6-7 years has been from speculators who don’t care about the tech or the libertarian dream BTC was born from. They just saw crypto as an investment scheme. It will take quite a bit a pain to unwind those types of people from the space.
He also hosts a survival podcast which has been consistent for about 15 years and is full of key survival info at https://www.thesurvivalpodcast.com/
Crypto has a good usefulness. I don't know why my other comment was down voted into oblivion. Lots of people here hate crypto and generally I think those are people who don't understand it or else they associate it with corrupt institutional speculators or jew faggots like sam Friedman.
you dont need institutions to transact until the institutions finnna say no crypto-fags running on our lines. and, lulz, keep your imaginary numbers cause ya aint converting to USD.
until the institutions finnna say no crypto-fags running on our lines
That means total shutdown of internet all over the world. And even in that case p2p network could continue to work via other channels. You could run that network on usb sticks or even on paper. Not even mentioning all that ham radio or hijacked SatCom satellites.
ya aint converting to USD
Who needs that USD? Especially now. What real things US could sell for them? Why exchange currency no senile pedo could seize or prevent transaction to some shit that is hardly could be named currency today? Sold all my USD long ago, keeping only vintage banknote with that "Ten dollars in gold coin". As a reminder that any official currency is a hoax.
(get your stuff off the exchanges and into a cold wallet -- an old computer running veracrypt container or a hardware wallet....i personally recommend former over latter because do you really know what those hardware wallets are doing? You do not. They are not open source software nor are they open hardware/firmware.
This is crytpo after all...can you guarantee there are not state-corporate backdoors? You can't)
There are open hardware/firmware wallets, like Trezor, but I don't see any need for them, unless you are using Windows or iOS.
To be as paranoid as possible:
Build your own hardware wallet from ground using any cheap SBC that could run Linux and wallet software and have USB device (could become an USB device for PC like flash or BT dongle) capable USB port.
Print private keys of your addresses with coins on paper, put it into your own safe and destroy disk where wallets with that addresses was stored.
But I still don't get why you need to store crypto. It is not savings, it should be used for payments to or from you.
If you want to really save your money, better get some useful skill lessons or buy useful tools that will always help you to earn whatever you will need.
Actually I may be wrong...ledger and/or trezor may be open source but I am not wrong about backdoors...they have proprietary hardware which means of course there are government / corporate backdoors
every single G D piece of hardware that we've seen has been backdoored
every router ever made -> NSA::TAO tailored access operations
every cisco, ibm, microsoft appliance ever made, even and esp commercial / enterprise ones
every dell, hp ever made
every ubiquiti device, sadly
Siemens -> us military / stuxnet
every wifi chip ever made -> nsa / 5g alliance / others
every INTEL cpu has multiple backdoors even a 'remote management engine'
every AMD cpu has a secondary CPU embedded in it...german researchers have gone into exhaustive detail and it's unclear if the CPU can be used as a backdoor but it certainly used to verify its own hardware (it's a security feature and embedded trusted platform appliance)
NVIDIA gpus have backdoors
I assume AMD ones do too
BIOS from taiwan and china have backdoors
Huawei is one big china backdoor
CHYNA LED lights, including commercial ones have hidden undisclosed bluetooth, cellphone and/or wifi chips embeded in them, I assume to create a 'whispernet' type of stealth communications peer to peer mesh network / grid
Every single apple hardware ever made and ESP the IPHONE (all)
Every google phone / android phone without exception
tell me again why a hardware wallet would be immune to government hardware backdoors?
For example, because you are smart and made your hardware wallet from chips that made in another, preferrably rivaling jurisdiction. Since hardware wallet don't need networking to do the job, only USB, even if your PC is backdoored, they can't access hardware wallet internals, all what they will see is just an USB device that generates ready-to-send and absolutely public transaction block after you press a button on hardware wallet if you want to spend some coins. To receive coins you don't need to do anything with wallet at all. Also, chances that your local authorities could use rival implemented backdors is minimal even if your hardware wallet will fall to their hands.
However, I think it is not a very good idea to use hardware wallet. It could broke, seized or be lost. If you by design have no ability to extract private keys from it after wallet initialisation and save them on paper or somehow else, then you will be screwed.
IIRC the original "banks" were basically just security guard teams that would hide and protect your gold and other trade valuables for you while you used currency on your travels to represent your gold etc, much easier than hauling all your precious metals around with you and the currency was to show how much you had in your vault, then when deals were done the gold etc could be physically exchanged for whatever, something along those lines but banks were just groups of brutes for hire to guard your shit, even then there was still always the risk that the group you hired would steal from you or have you disappeared before taking everything for themselves, having other people control your wealth has always been a high risk luxury
You could exchange transaction blocks with p2p network even on paper. It is not very handy, but is possible.
Any media that allow peer-to-peer connections could be used.
In simple case when you don't have internet access at all, you could easily pay somebody with your private key for the address with necessary amount of coins. Just write that private key on piece of paper and give it to another person. Since that moment that person will be able to use that money if he have internet.
It is amasing, that most interesting features of Bitcoin and other really independent crypto somehow completely unnoticed by most people who like to talk about crypto. They don't even understand what it is, but continously discussing some exchanges, trading, rates to fiat and other crap that have nothing to do with crypto at all.
It is like, IDK, some people discussing market price of fish having no any clue what is fishing, while others just go fishing and have something for lunch or for exchange to neighbour's vegetables he grow, f.e. and absolutely don't care how many senseless pieces of paper could they get for their catch.
You can run a p2p wifi mesh network. It's been done before by agorist communities in latin america and in china.
You can use your wifi to connect to wifi of other people in your neighborhood and then you can send bitcoin to each other
The only reason that it seems like there's one internet is because everyone happens to know how to get onto 'the big internet' and it's much harder for people to organize among themselves to create their own internet
What is needed is a hybrid approach
What is needed is a "bonding router" that can merge the two dissimilar networks, the P2P wifi mesh network, and the centralized ISP internet network, so that eventually the p2p wifi network can grow without stifling people.
With starlink this is going to make accessibility be a thing of the past and it will enable more of what i'm describing...
(you only need one starlink acess and then others can share the link across a p2p wifi network)
You are all missing the point. What I am saying is that crypto is virtual and it has no substance in the real world. I am still waiting for someone to tell me how the bottleneck of requiring internet access is avoided. My point is that it's not. I'm not trying to convince anyone from spending their money in ways they wish. I am just explaining why I haven't bought any crypto. Maybe I would change my mind and buy some if I could have this glaring weakness explained away.
Cryptocurrency does not need internet. It needs peer-to-peer connections. How you will organize that connections in your community where you want to use cryptocurrency is up to you. Anything will be OK, from conventional local network to pigeons.
You need internet only to use already existing crypto worldwide, and even in that case there are some alternatives like ham radio or hijacked satellites. But you could create your own crypto for your community and use whatever media you like.
I am just explaining why I haven't bought any crypto.
Again same fundamental mistake. You don't need to buy crypto. Moreover, you should not buy crypto. Earn it or mine it. Crytpo is not about buying or selling it. Crypto is what is used to buy and sell things and services.
If you live in USA, do you buy USD? Or you get them as salary or payments? So with crypto. Unlike with USD nobody could block your account, prevent you from receiving or spending it and you don't need a bank for transactions, because you are that bank.
Of course, this fist generation crypto (say, beta version, proof of concept) is in no way perfect and can't be a silver bullet. There are a lot of technical problems and caveats in principles and structure. But it works and works amasingly good. I think next generation (real one, with fundamental imrovements, not like those advertised by some swindlers) of independent cryptocurrency will be much more interesting.
Ok so maybe I am using the wrong word. The "network" is the bottleneck. I choose commodities and assets over fiat and crypto because they are the most decentralized and independent stores of value. They require no network to keep track of, no ledgers, no electricity even. This is the weakness of crypto as I see it. Best of luck to those who have invested money/time/energy into crypto. Hopefully you get it back in kind.
Maybe I'll be forgotten and left behind as everyone else moves forward at the speed of science. I would prefer that actually.
I choose commodities and assets over fiat and crypto because they are the most decentralized and independent stores of value.
Better choose commodities and assets that are generators of value. Tools, land, skills and so on. If you buy a can of tinned fish, you will have a can of tinned fish. If you buy a fishing-rod, you will have an ability to get a fish as you need it.
As for crypto - it is just an alternative mean of exchange. For the world without electricity you obviously should choose another mean of excahnge to trade the fish you catch to something you need.
Anything could be mean of exchange. Preferrably, it should be something that all agreed to use as mean of exchange, divisible, relatively small, and have its own use for any owner. But that's ideal, and only first thing is important. If you all agreed that stainless steel nuts are your means of exchange, they could be perfectly used for that, even if they are not very divisible and useful for everybody.
Yagh, I think Satashi mentions you in his white paper for bit gold. Every morning you would wake him up and scream at him about what a scam it is. But first you would make him a pot of coffee. That was real nice of you actually.
But honesty. Until now, you had no idea when "day 1" was.
You think people against the system and corruption would at least talk about the anti-corruptive qualities of open blockchains and Stateless money.
These people don‘t know Satoshi from Sam. But alot of crypto will thrive, and then they will. But walk gingerly due to their foot in their ass for missing this chance.
replace 'crypto' with 'crypto industry' or 'crypto exchanges' and you're right
but 'crypto' alone is one of the most powerful anti-governments ideas there ever was and I'm really surprised that THIS conspiratorium hasn't really elevated the discourse on why I am saying this.
Your argument is a combination of logical fallacies, lol.
Your basic argument doesn‘t even talk about crypto or its tech, but rather the corruption that affiliates with it.
If you think investors are going to ignore a legal but 'seedy' part of banking that seems to have the most juicy upside potential, you're wrong. Greed always wins. It might get regulated, but it's certainly not going away.
This kind of digital currency is a dictators wet dream, (83000 more of em).
Your trying to buy food? Denied, you must pay your taxes first.
Bought your friend a beer for helping you with your car? Thats a business transaction and will be properly taxed.
Keep stacking monero. And physical silver, my dudes.
I personally love the unraveling of the FTX octopuss. I want to see this shit red pill normies for the next 3 yrs.
I told you HERE a year ago that this was coming, with the revelation that most activity / transactions on exchanges was wash trade stuff....it was a slashdot article.
I went years without getting a newer video card because of those jerks. I will be bitter about that for a while. But at the same time, it did offer a way to buy things that the traditional financial institutions felt I shouldn’t. Nothing crazy, mostly just stuff like file sharing websites.
I actually like the concept of BitCoin and think a digital decentralized currency could possiblly work.
You can't be an absolutist on this.
In theory, a digital currency could work. Question is how to you make a physical token that represents a digital currency.
It has its advantages and disadvantages.
One advantage is I can travel worldwide without having to carry physical. currency that can be confiscated, stolen, or has to be exchanged.
Also, if we can cut out all the central banks in the world then it is a huge blow to globalism.
Disadvantage is a super quantum computer could hijack the algorithm and blow the entire digital currency up. But quantum computing would wreak havoc anyways since practically every password could be brute force hacked at that point.
a) DIGITAL (Latin digit; finger)...can you hold digital currency in your fingers?
b) can those within (living) currency (process of dying) hold onto it?
how to you make a physical token that represents a digital currency
TOKEN, noun [Latin signum] - "a sign; something intended to represent or indicate another thing or an event"
What if the temporary living represent a token within the ongoing process of dying aka one thing (partial reaction) representing another event (enacting whole)?
advantages and disadvantages.
ADV'ANTAGE; from ADV'ANCE - "to bring forward".
a) If the process of dying brings forward (advances) those living within; then what's the disadvantage thereof?
b) DIS - "a prefix or inseparable preposition"...if living implies separated position (partial within whole); then would inseparable imply the process of dying without living within it?
cut out all the central banks
A bank curtails currency (riverbanks)...the center of current implies momentum (balance); while the center of balance implies choice. What if resisting the temptation to consent to a suggest bank (curtailing of currency) would allow choice to adapt to perceivable balance...as the center?
What can the living "cut out" from within the process of dying?
currency that can be confiscated, stolen, or has to be exchanged.
If one (life) exists inside current (inception towards death), then can one confiscate; steal or exchange it? What if others suggest a substitute currency to tempt one to ignore the perceivable current? Would your consent to their suggested currency give them the power to confiscate; steal and exchange it?
a huge blow to globalism
Resisting the temptation to consent to suggested -ism, in this case....would "flatten the curve".
a super quantum computer
a) QUAN'TUM, noun - "the quantity; the amount"...the quantity and amount of partial (living) within whole (process of dying) can only be ONE, no matter if one computes (cast together) other ones.
b) SUPER - "above"...as above (living) so below (process of dying) for all represents one in energy.
Question is how to you make a physical token that represents a digital currency.
You print, or write by hand, or emboss on piece of metal or plastic the private key of address containing necessary sum. That's all. Payee add that key to wallet and check that it is valid and have declared sum, than he immidiately could use it or transfer to his main address or just another address with private key known only to him to avoid any payer cheating since while payer know private key too he could use that address to transfer money.
If you would have been RTFM instead of listening shitty economy "experts" and other swindlers, you already would have known that.
Real crypto dudes perfectly know that the basic property of cryptocurrency is that you absolutely don't need any institutions to facilitate the transactions because easiest possible way to do transaction in crypto is doing it from your own node. You can't somehow facilitate it more. And you don't need ANY third-party to use crypto.
So, no, it is not crypto end. It will be perfect if all that shitty and comletely unneeded excahnges will finally bankrupt and disappear. It will be the best day in cryptocurrency world. Great Cleaning from all that dumbfucks who didn't RTFM and thought that cryptocurrency is just another gambling shit like stocks or futures.
That could be the last gambit of the institutes. Basically, you try and figure out which crypto is "popular" enough for people to stay interested in but also keep an eye on people dumping it. Then as you notice they are dumping it, you buy say 50% of the crypto, make the price skyrocket and then you watch as others buy into and sell the other 50%, then let's say the price goes up 3X, then the institute could just sell it and reap all the benefits.
Though with that logic in mind, there is no change that Bitcoin will be used again, it's too known and it's going down by a large amount(even though all crypto has gone down the same % in the last year). But they would most likely invest in something that doesn't use a lot of money than something that does because then you could get a bunch of people to invest 100-200 into it to the point where the price is enough to profit it off it by a lot.
Who cares about stupid trading games and rate to some shitty fiat?
Cryptocurrency is not an asset or stocks, it is a currency. Its purpose is to allow independent, unstoppable and verifiable mean of exchange.
Cryptocurrency is not an investment. And never was. It is some idiots with severe case of cerebrum trading affection for some reason decide to play their stupid gambling with it.
Cryptocurrency is a mean of exchange, not an asset, stocks, investments, whatever crap that stupid economists invented to milk the herd. It is a special kind of payment system. You don't need to buy or sell crypto. You are Federal Reserve and a bank for yourself in that system. You don't need anything else to sell and by things and services. All that senseless crypto exchanges is not needed at all in the first place. Is it so hard to understand?
The vast majority of cash that has come into crypto for the last 6-7 years has been from speculators who don’t care about the tech or the libertarian dream BTC was born from. They just saw crypto as an investment scheme. It will take quite a bit a pain to unwind those types of people from the space.
I like this bitcoin podcast
The Bitcoin Breakout with Jack Spirko https://fountain.fm/show/qOZCsMAtpAr80DuO0DEs
He also hosts a survival podcast which has been consistent for about 15 years and is full of key survival info at https://www.thesurvivalpodcast.com/
Crypto has a good usefulness. I don't know why my other comment was down voted into oblivion. Lots of people here hate crypto and generally I think those are people who don't understand it or else they associate it with corrupt institutional speculators or jew faggots like sam Friedman.
you dont need institutions to transact until the institutions finnna say no crypto-fags running on our lines. and, lulz, keep your imaginary numbers cause ya aint converting to USD.
That means total shutdown of internet all over the world. And even in that case p2p network could continue to work via other channels. You could run that network on usb sticks or even on paper. Not even mentioning all that ham radio or hijacked SatCom satellites.
Who needs that USD? Especially now. What real things US could sell for them? Why exchange currency no senile pedo could seize or prevent transaction to some shit that is hardly could be named currency today? Sold all my USD long ago, keeping only vintage banknote with that "Ten dollars in gold coin". As a reminder that any official currency is a hoax.
how you FCUKN BUY GAS?! youre welcome.
OHHHHH... P2P... P2P.... TO WHAT? WHO ARE KEEPING THE GATE? WANT TANGIBLE GOODS? GONNA HAVE TO BARTER... CURRENCY. IE, FIAT.
Good points
Not your keys not your crypto
(get your stuff off the exchanges and into a cold wallet -- an old computer running veracrypt container or a hardware wallet....i personally recommend former over latter because do you really know what those hardware wallets are doing? You do not. They are not open source software nor are they open hardware/firmware. This is crytpo after all...can you guarantee there are not state-corporate backdoors? You can't)
There are open hardware/firmware wallets, like Trezor, but I don't see any need for them, unless you are using Windows or iOS.
To be as paranoid as possible:
But I still don't get why you need to store crypto. It is not savings, it should be used for payments to or from you.
If you want to really save your money, better get some useful skill lessons or buy useful tools that will always help you to earn whatever you will need.
Actually I may be wrong...ledger and/or trezor may be open source but I am not wrong about backdoors...they have proprietary hardware which means of course there are government / corporate backdoors
every single G D piece of hardware that we've seen has been backdoored
tell me again why a hardware wallet would be immune to government hardware backdoors?
( i also suspect raspberry pi also, all compromised...except by the UK gov)
For example, because you are smart and made your hardware wallet from chips that made in another, preferrably rivaling jurisdiction. Since hardware wallet don't need networking to do the job, only USB, even if your PC is backdoored, they can't access hardware wallet internals, all what they will see is just an USB device that generates ready-to-send and absolutely public transaction block after you press a button on hardware wallet if you want to spend some coins. To receive coins you don't need to do anything with wallet at all. Also, chances that your local authorities could use rival implemented backdors is minimal even if your hardware wallet will fall to their hands.
However, I think it is not a very good idea to use hardware wallet. It could broke, seized or be lost. If you by design have no ability to extract private keys from it after wallet initialisation and save them on paper or somehow else, then you will be screwed.
We will never, fucking ever, have sound, honest money as long as the evil people that control the money and the banks are alive.
IIRC the original "banks" were basically just security guard teams that would hide and protect your gold and other trade valuables for you while you used currency on your travels to represent your gold etc, much easier than hauling all your precious metals around with you and the currency was to show how much you had in your vault, then when deals were done the gold etc could be physically exchanged for whatever, something along those lines but banks were just groups of brutes for hire to guard your shit, even then there was still always the risk that the group you hired would steal from you or have you disappeared before taking everything for themselves, having other people control your wealth has always been a high risk luxury
I don't know about honest, but you do have monero
and if you dont' know about it, research it.
I've never understood the "DECENTRALIZATION" of crypto. If you cannot access the internet, you're boned. Seems like a pretty obvious bottleneck to me.
You could exchange transaction blocks with p2p network even on paper. It is not very handy, but is possible.
Any media that allow peer-to-peer connections could be used.
In simple case when you don't have internet access at all, you could easily pay somebody with your private key for the address with necessary amount of coins. Just write that private key on piece of paper and give it to another person. Since that moment that person will be able to use that money if he have internet.
It is amasing, that most interesting features of Bitcoin and other really independent crypto somehow completely unnoticed by most people who like to talk about crypto. They don't even understand what it is, but continously discussing some exchanges, trading, rates to fiat and other crap that have nothing to do with crypto at all.
It is like, IDK, some people discussing market price of fish having no any clue what is fishing, while others just go fishing and have something for lunch or for exchange to neighbour's vegetables he grow, f.e. and absolutely don't care how many senseless pieces of paper could they get for their catch.
Echoing CrazyRussian...
You can run a p2p wifi mesh network. It's been done before by agorist communities in latin america and in china.
You can use your wifi to connect to wifi of other people in your neighborhood and then you can send bitcoin to each other
The only reason that it seems like there's one internet is because everyone happens to know how to get onto 'the big internet' and it's much harder for people to organize among themselves to create their own internet
What is needed is a hybrid approach
What is needed is a "bonding router" that can merge the two dissimilar networks, the P2P wifi mesh network, and the centralized ISP internet network, so that eventually the p2p wifi network can grow without stifling people.
With starlink this is going to make accessibility be a thing of the past and it will enable more of what i'm describing...
(you only need one starlink acess and then others can share the link across a p2p wifi network)
You are all missing the point. What I am saying is that crypto is virtual and it has no substance in the real world. I am still waiting for someone to tell me how the bottleneck of requiring internet access is avoided. My point is that it's not. I'm not trying to convince anyone from spending their money in ways they wish. I am just explaining why I haven't bought any crypto. Maybe I would change my mind and buy some if I could have this glaring weakness explained away.
Cryptocurrency does not need internet. It needs peer-to-peer connections. How you will organize that connections in your community where you want to use cryptocurrency is up to you. Anything will be OK, from conventional local network to pigeons.
You need internet only to use already existing crypto worldwide, and even in that case there are some alternatives like ham radio or hijacked satellites. But you could create your own crypto for your community and use whatever media you like.
Again same fundamental mistake. You don't need to buy crypto. Moreover, you should not buy crypto. Earn it or mine it. Crytpo is not about buying or selling it. Crypto is what is used to buy and sell things and services.
If you live in USA, do you buy USD? Or you get them as salary or payments? So with crypto. Unlike with USD nobody could block your account, prevent you from receiving or spending it and you don't need a bank for transactions, because you are that bank.
Of course, this fist generation crypto (say, beta version, proof of concept) is in no way perfect and can't be a silver bullet. There are a lot of technical problems and caveats in principles and structure. But it works and works amasingly good. I think next generation (real one, with fundamental imrovements, not like those advertised by some swindlers) of independent cryptocurrency will be much more interesting.
Ok so maybe I am using the wrong word. The "network" is the bottleneck. I choose commodities and assets over fiat and crypto because they are the most decentralized and independent stores of value. They require no network to keep track of, no ledgers, no electricity even. This is the weakness of crypto as I see it. Best of luck to those who have invested money/time/energy into crypto. Hopefully you get it back in kind.
Maybe I'll be forgotten and left behind as everyone else moves forward at the speed of science. I would prefer that actually.
Better choose commodities and assets that are generators of value. Tools, land, skills and so on. If you buy a can of tinned fish, you will have a can of tinned fish. If you buy a fishing-rod, you will have an ability to get a fish as you need it.
As for crypto - it is just an alternative mean of exchange. For the world without electricity you obviously should choose another mean of excahnge to trade the fish you catch to something you need.
Anything could be mean of exchange. Preferrably, it should be something that all agreed to use as mean of exchange, divisible, relatively small, and have its own use for any owner. But that's ideal, and only first thing is important. If you all agreed that stainless steel nuts are your means of exchange, they could be perfectly used for that, even if they are not very divisible and useful for everybody.
If the internet goes down, society and life as we know it is down. Why not take the leap and argue against electricity?
Your missing the point.
Wow, you have shown me so much wisdom in so few words. Thank you. I will go buy as many crypto internet monies as I can afford.
That‘s the spirit! And don‘t forget to take your meds ❤️🩹
C'mon man. It was funny and good sarcasm
Crypto was a scam since day 1. I tried to warn them.
Yagh, I think Satashi mentions you in his white paper for bit gold. Every morning you would wake him up and scream at him about what a scam it is. But first you would make him a pot of coffee. That was real nice of you actually.
But honesty. Until now, you had no idea when "day 1" was.
You think people against the system and corruption would at least talk about the anti-corruptive qualities of open blockchains and Stateless money.
These people don‘t know Satoshi from Sam. But alot of crypto will thrive, and then they will. But walk gingerly due to their foot in their ass for missing this chance.
replace 'crypto' with 'crypto industry' or 'crypto exchanges' and you're right
but 'crypto' alone is one of the most powerful anti-governments ideas there ever was and I'm really surprised that THIS conspiratorium hasn't really elevated the discourse on why I am saying this.
Too bad there are so many gullible people.
Your argument is a combination of logical fallacies, lol. Your basic argument doesn‘t even talk about crypto or its tech, but rather the corruption that affiliates with it.
Sound faniliar?
https://youtu.be/VYWc9dFqROI
You are honestly welcome friend.
What dose that even mean? Can you have an intelligent conversation? Unless you just want to bring attention to…. Oh, nevermind 🥰
crypto went deep-freeze for about 5yrs.
idea wont die; just iterate into a new model.
THE SILVER-LINING? BLOCKCHAIN ... AND YOUR MOM.
Forbes claimed in 2021 BitCoin would go into death spiral at $30k!
Idk crypto scammed me into enough money to not need to work. So sad.
I no longer own crypto. I turned it into rental properties I rent to people who probably do still own it.
I guess at least I have a choice of rafters. Lol
If you think investors are going to ignore a legal but 'seedy' part of banking that seems to have the most juicy upside potential, you're wrong. Greed always wins. It might get regulated, but it's certainly not going away.
CBDC's to the rescue! Change my mind.
Not that that is a good idea.
This kind of digital currency is a dictators wet dream, (83000 more of em). Your trying to buy food? Denied, you must pay your taxes first. Bought your friend a beer for helping you with your car? Thats a business transaction and will be properly taxed.
You are talking CBDC, not regular crypto used as intended. But almost anything can be compromised.
Let me guess, you invested in BITCOIN and not BTC. And now you are angry, because somehow it's our fault.
That's ok we won't
Keep stacking monero. And physical silver, my dudes.
I personally love the unraveling of the FTX octopuss. I want to see this shit red pill normies for the next 3 yrs.
I told you HERE a year ago that this was coming, with the revelation that most activity / transactions on exchanges was wash trade stuff....it was a slashdot article.
If you want to see REEEE from this crowd mention, flat earth, terrain theory, or nuke hoax. They will flip out
I went years without getting a newer video card because of those jerks. I will be bitter about that for a while. But at the same time, it did offer a way to buy things that the traditional financial institutions felt I shouldn’t. Nothing crazy, mostly just stuff like file sharing websites.
This is like saying extinction rebellion is right about the evil of fossil fuels because George bush drunkenly crashed his car.
Good beginner video: https://youtu.be/VYWc9dFqROI
I actually like the concept of BitCoin and think a digital decentralized currency could possiblly work.
You can't be an absolutist on this.
In theory, a digital currency could work. Question is how to you make a physical token that represents a digital currency.
It has its advantages and disadvantages.
One advantage is I can travel worldwide without having to carry physical. currency that can be confiscated, stolen, or has to be exchanged.
Also, if we can cut out all the central banks in the world then it is a huge blow to globalism.
Disadvantage is a super quantum computer could hijack the algorithm and blow the entire digital currency up. But quantum computing would wreak havoc anyways since practically every password could be brute force hacked at that point.
a) DIGITAL (Latin digit; finger)...can you hold digital currency in your fingers?
b) can those within (living) currency (process of dying) hold onto it?
What if the temporary living represent a token within the ongoing process of dying aka one thing (partial reaction) representing another event (enacting whole)?
a) If the process of dying brings forward (advances) those living within; then what's the disadvantage thereof?
b) DIS - "a prefix or inseparable preposition"...if living implies separated position (partial within whole); then would inseparable imply the process of dying without living within it?
A bank curtails currency (riverbanks)...the center of current implies momentum (balance); while the center of balance implies choice. What if resisting the temptation to consent to a suggest bank (curtailing of currency) would allow choice to adapt to perceivable balance...as the center?
What can the living "cut out" from within the process of dying?
If one (life) exists inside current (inception towards death), then can one confiscate; steal or exchange it? What if others suggest a substitute currency to tempt one to ignore the perceivable current? Would your consent to their suggested currency give them the power to confiscate; steal and exchange it?
Resisting the temptation to consent to suggested -ism, in this case....would "flatten the curve".
a) QUAN'TUM, noun - "the quantity; the amount"...the quantity and amount of partial (living) within whole (process of dying) can only be ONE, no matter if one computes (cast together) other ones.
b) SUPER - "above"...as above (living) so below (process of dying) for all represents one in energy.
Senseless force (process of dying) causes sensing force (living); hence perceivable (action) causing perceiving senses (reaction).
You print, or write by hand, or emboss on piece of metal or plastic the private key of address containing necessary sum. That's all. Payee add that key to wallet and check that it is valid and have declared sum, than he immidiately could use it or transfer to his main address or just another address with private key known only to him to avoid any payer cheating since while payer know private key too he could use that address to transfer money.
If you would have been RTFM instead of listening shitty economy "experts" and other swindlers, you already would have known that.