Yes, of course, but your claim that “As far as freedom goes BTC is way way ahead of the curve” is false. Private keys, okay, whatever, it doesn’t stop confiscation. They can’t just come into your house or property and take your gold either so I’m still not sure what crypto has over other untraceable assets. The gold confiscation that happened in the 1930s in the US was largely voluntary and a low percentage complied.
I’m not totally against crypto in theory but it is 100% compromised now.
I have a little perspective here. I can't speak to the origin of Bitcoin, it came out of nowhere by a mysterious inventor who disappeared not too long after it started to get traction. Maybe it was NSA behind it, maybe it was a libertarian cypherpunk who wanted to uproot the current financial model. Who knows.
This is what I do know, Bitcoin fundamentally broke in late 2018 when it was subverted during the block size wars. Merchants including steam and Microsoft stopped accepting it because its hobbled evolution was no longer usable. Bitcoin isn't terribly useful today except for a narrow set of use cases and if anyone cared I could step through piece by piece why that is.
The real conspiracy is how Bitcoin got screwed over and hobbled -- likely on purpose through a well orchestrated and coordinated set of events. At the time Bitcoin was a real threat to the current banking system. Now Bitcoin is no different than any commodity, and is not a threat to monetary hegemony.
I think anyone that really claims to understand money in any form should be conversant with rai stones and their properties.
What that understanding has shown me is the single fundamental problem with money of any sort, that which enables all the various frauds and shenanigans of all types, is that people do not understand the money they have, and they may thusly be controlled with it.
I agree with the OP (it's fake and gay) and with you (we may be left without a chair when the music stops). But I also think that there is a big risk of every decentralized cryptocurrency entirely breaking down when the internet is split apart (undersea cables cut, etc.). There will be 3-5 versions of each. Nomads will be able to exploit this by spending theirs in every place, but that will further debase them. However... Starlink might prove to be the missing link (no pun intended) in preventing this scenario.
to get people to believe a literal unit of nothing could be worth something.
a) Believing doesn't corrupt value (perceivable), but ones evaluation (perception) with a fictitious worth (suggested).
b) Nothing aka Latin nihilo implies both suggested nihilism and ones consent to denial perceivable for it.
In other words...to believe suggested (nothing) implies ones denial of perceivable (everything).
c) It ain't about getting people; it's about tempting people to get suggested, which never leaves control of those suggesting it.
Example...money. Few suggest money; many think they get money; yet they always get got good with interest.
Now we have a whole naive generation
a) Neither can any being be "whole" (only a partial within whole); nor can being be "generation" only being (life) generated (inception towards death).
It's ones consent to theses suggested labels which tempts one to ignore self discernment (partial being) within origin (whole generation).
b) Naive implies native - "produced by nature; original; born with the being; natural; not acquired".
Suggestion implies immigration into ones native perception. Only expatriating suggested information allows native growth of comprehension through perceivable inspiration.
Informed consent implies ones consent to suggested information by others, which establishes mass migration of fiction into ones mind/memory.
market psychology
Psyche (animating power aka perceivable) + Logy (reasoning about suggested)...without buying (consent) into selling (suggested) aka a market, one wouldn't have anything to reason about.
We already use CBDC daily. Crypto was invented to rebrand credit cards/numbers on screens.
You do know that BTC has been confiscated by government already, right? This is just one example, and there are many:
https://www.justice.gov/usao-sdny/pr/us-attorney-announces-historic-336-billion-cryptocurrency-seizure-and-conviction
Yes, of course, but your claim that “As far as freedom goes BTC is way way ahead of the curve” is false. Private keys, okay, whatever, it doesn’t stop confiscation. They can’t just come into your house or property and take your gold either so I’m still not sure what crypto has over other untraceable assets. The gold confiscation that happened in the 1930s in the US was largely voluntary and a low percentage complied.
I’m not totally against crypto in theory but it is 100% compromised now.
I have a little perspective here. I can't speak to the origin of Bitcoin, it came out of nowhere by a mysterious inventor who disappeared not too long after it started to get traction. Maybe it was NSA behind it, maybe it was a libertarian cypherpunk who wanted to uproot the current financial model. Who knows.
This is what I do know, Bitcoin fundamentally broke in late 2018 when it was subverted during the block size wars. Merchants including steam and Microsoft stopped accepting it because its hobbled evolution was no longer usable. Bitcoin isn't terribly useful today except for a narrow set of use cases and if anyone cared I could step through piece by piece why that is.
The real conspiracy is how Bitcoin got screwed over and hobbled -- likely on purpose through a well orchestrated and coordinated set of events. At the time Bitcoin was a real threat to the current banking system. Now Bitcoin is no different than any commodity, and is not a threat to monetary hegemony.
I think anyone that really claims to understand money in any form should be conversant with rai stones and their properties.
What that understanding has shown me is the single fundamental problem with money of any sort, that which enables all the various frauds and shenanigans of all types, is that people do not understand the money they have, and they may thusly be controlled with it.
I agree with the OP (it's fake and gay) and with you (we may be left without a chair when the music stops). But I also think that there is a big risk of every decentralized cryptocurrency entirely breaking down when the internet is split apart (undersea cables cut, etc.). There will be 3-5 versions of each. Nomads will be able to exploit this by spending theirs in every place, but that will further debase them. However... Starlink might prove to be the missing link (no pun intended) in preventing this scenario.
a) Believing doesn't corrupt value (perceivable), but ones evaluation (perception) with a fictitious worth (suggested).
b) Nothing aka Latin nihilo implies both suggested nihilism and ones consent to denial perceivable for it.
In other words...to believe suggested (nothing) implies ones denial of perceivable (everything).
c) It ain't about getting people; it's about tempting people to get suggested, which never leaves control of those suggesting it.
Example...money. Few suggest money; many think they get money; yet they always get got good with interest.
a) Neither can any being be "whole" (only a partial within whole); nor can being be "generation" only being (life) generated (inception towards death).
It's ones consent to theses suggested labels which tempts one to ignore self discernment (partial being) within origin (whole generation).
b) Naive implies native - "produced by nature; original; born with the being; natural; not acquired".
Suggestion implies immigration into ones native perception. Only expatriating suggested information allows native growth of comprehension through perceivable inspiration.
Informed consent implies ones consent to suggested information by others, which establishes mass migration of fiction into ones mind/memory.
Psyche (animating power aka perceivable) + Logy (reasoning about suggested)...without buying (consent) into selling (suggested) aka a market, one wouldn't have anything to reason about.