you lack vision.
the point of hacking a crypto is not to steal money, but to have access to all the financial transation history of everyone.
Crypto ledger technology is based on the fact that there is a distributed copy of every single transaction that ever occurred. if you could hack that ledger you would know everyones purchase history, legal, illegal or gray. who everyone donates to, who they associate with. it would be the easiest way to track dissidents and strip them of their power
edit: the "money" is the bait, info control is the goal
its too late to disconnect. The NPC meme is already more truth than fiction. Think about all the clout chasing virtue signaling idiots that will do whatever the twitter/insta/facebook trend is. Those trends are algo controlled. the vast majority of the population at this point litterally are meat avatars of the algo.
it really does highlight that AI does not even have to be sentient to completely control the world.
yeah i know, but im just flabbergasted that even if you take all of their statements at face value and true, their own logic is still broken.
the entire reality media is trying to shove down my throat is some kind of Orwellian doublethink nightmare
while your thought is far out there, if you were trying to force machine infusion, creating a mandatory vaccine which causes organ failure is an effective way to do it.
then you force people to lease said machines instead of own them and the repomen movie with jude law becomes reality
tbh thats what my monkey brain is betting on. i think big govt and banks will go full digital crypto currency, and that the underground economy will go physical. maybe bartering at first, with cocaine or alcohol or something similar becoming the currency of choice, and then we'll see from there
i do see a form of crypto becoming the default currency of the NWO, everything i understand about seems like its ideally suited to that goal.
in terms investing in it, ive got some money in, looking to cash in like money others, not enough to cause me concern over the current downturn cuz everything i see of it, its rollercoaster nature is by design, hell this is probably the best time to buy more.
but i dont think any of the cryptos we have today will be the main ones in ten years though
you bring forward an excellent point of the fact that FED backed fiat currency is bullshit, which i agree with wholeheartedly believe me.
im just failing to see how its different. The only reason the USD works as an imaginary currency is cuz the US has a the biggest military in the world.
with crypto, you have a small minority of people that understand how it works and then a ton of speculators how are just trying to cash in on the money train. its value is 100% tied to how much the next guy thinks its worth, which means its going to rollercoaster for ever. (similar to current stock market yes, but comparing it to the insanity that is modern wall street inspires the opposite of confidence)
but maybe im just being thick. but the more i read about, the less comfortable i get with the idea.
no matter the foundation of your currency, crypto or physical, gold or monero, fiat or bitcoin, the key to it being used as an effective medium of exchange is the ability of the person to accept that medium in exchange for whatever goods he wants. this means that in a restricted society at some point you will need to exchange whatever tokens you have for whatever else you need.
maybe im too thick or too much of a luddite, but i just dont see how a digital currency will ever be useful in a future underground society. Sure right now govt agencies and big banks are on the back foot of the emerging tech, but having digital fingerprints be left in exhanges, ledgers and miners does not sound like something thats safe long term.
the only way it will remain that way is a constant digital arms race of digital coins and govt tracking, in which case the currency that will protect us from CCP probably does not even exist yet.
i understand the theory, but the basis its built on leads to other consequences in practice
everytime someone talks to me about the "intended purpose" of crypto i look under the hood and i fail to see how the fundamentals its built on actually provide those things
hedge against inflation - so you're insuring a social contract fiat currency with a digital limited currency, both are not physically real and require speculation participation for value but ok.
distributed and untraceable - ledger keeping track of all transactions by design and china owning more than 50% of the mining hardware.
future of economy - only if its govt controlled, and at that point it will be a terrible scarcity nightmare
for now. it all works with modern infrastructure.
now imagine a society with a social credit score linked to your cryptocurrency account so that all economic activity can be traced, logged and filed. its the perfect infrastructure for a dystopian totalitarian economy
the crypto ledger is a perfect tool to keep an eye on everyone and restrict freedom of transaction, i never understood how its supposed to protect your anonymity, when every copy of the bitcoin has a history of everyone transaction activity
pfft no he wouldnt. he would preaching the apple of vaccine, which would be super expensive and come with some ludicrous prestige unboxing ceremony