Even cryptobros are coming around the reality.
(media.scored.co)
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Or maybe you're just stupid and don't understand that all of the things you're afraid of a CBDC doing to control you aren't possible with coins on a decentralized network.
Can you show me anyone reversing an on-chain Tether transaction for any reason? Can you show me anyone remotely locking down an ETH wallet for doing bad things? Can you tell me how any authority figure can remotely stop you from setting up a wallet and receiving/sending coins?
No? You can't? Cause again, you don't know what you're talking about and those things aren't possible.
Since you seem to lack a fundamental understanding of how the internet infrastructure actually works and choose to believe in fairy dust anonymity (despite the frequent stories you choose to avoid like FBI cracking wallets on the frequent) then you deserve to be ridiculed for your inherent cockiness.
Tokenization is personalized and if you can not figure that out then you are too stupid to contribute.
Just because the blockchain ledger is public information doesn't mean you can't anonymize your activity with relative ease. It's laughably simple.
Show me one of these stories of the FBI "cracking down on wallets".... Please show me one. Guaranteed you won't find one where they can actually stop a wallet from operating.
MSM (read bankers) writes ridiculous articles like this to scare off boomers away from legit crypto. There's obviously a smear campaign going on but people here will still pretend tptb want you to get into BTC because "it's literally CBDC". The IMF refuses to loan to El Salvador because of their BTC adoption. Shouldn't they be pushing for BTC adoption and rewarding it instead? Let the 4D chess masters here have their say.
Yep... Trillions of dollars have flowed into the crypto market all betting on the idea that what this guy is fear mongering about is not technically possible. 15 years later, with all that money on the line no one is hacking the system, and some of the richest people in the world are trusting it to secure their funds.
But he's seen a few WatchMojo videos about crypto, knows nothing about cybersecurity, and thinks the government has supernatural digital omniscience...
FBI ain't cracking my cold wallet unless they somehow download the key from my brain. Just because people are stupid with their wallets doesn't make it a problem of the medium. That's like saying houses are useless because they can be easily broken in.
Your ID is in your wallet
Your Credit Card is in your wallet
When you use it, you connect to the machine.
The fact you think your wallet matters shows the disconnect of your thinking.
These conversations are about usage not storage.
He's trying to explain that the "cracked wallets" you heard about are people who made their metamask password "1234" and then had an attacker gain full access to their system.
A properly generated and properly stored private key is uncrackable.
You don't know what you're talking about. The wallet is just an address encoded as hash and its key has been generated on a machine that has never been connected to the web.
It'd be easier for G men to confiscate my physical property and assets than get to my BTC. I can trade BTC simply by sending/receiving from my wallet (which is not tied to my name or address) to another. You can absolutely use crypto anonymously and that's exactly why many criminals prefer it even to cash. Do you think cash is not traceable? Is the IRS a joke to you?