I’m in Canuckistan so if our freedom convoy is successful maybe I’ll enjoy some freedom but for now I hear ya. Can’t trust the banks, the police, the media or the government. Schools and higher education are brainwashing libtard hell holes and honest hardworking people are harder to find and vilified when they are. Sucks to hear about your banks all being corrupt, something needs to change but I don’t believe bitcoin will remain uncorrupted when there’s the whole world looking at it.
And long as people are given a choice and it’s brought in slow, adoption will go smooth. Businesses were used to dealing with cash and cheque, and when debt was introduced they still accepted cash and moved away from cheque’s due to the problems associated with them. Very few businesses don’t accept cash and all but the smallest businesses accept debit. If they can bring in bitcoin machines alongside the countries fiat, AND incorporate it into the same debit machine you’ll see ease of adoption. But if you have to have shopkeeps running two different machines, one for fiat one for crypto, keep track daily of what the crypto exchange is similar to say having an exchange rate for USD in a Canadian resterant, you’ve added a headache most small businesses don’t want to deal with. And another machine to cash out at the end of the day. At the end of the day, you just wanna go home not double your til work. Add in this is only for one crypto currency, bitcoin. If you want multiple coins usable for commerce, I can’t see it being done outside of major retailers. Walmart, Amazon, maybe car dealerships would take monero instead of bitcoin but the local small grocery store or mom and pop hardware store won’t want bitcoin/ethereum/monero/doge etc etc coins to keep track of.
No I’m not expecting the bank to just be nice and do that for me, I fully expect to file lawsuits along with others should a major bank screw over their customers. The difference between a crypto exchange and a bank is the bank doesn’t have anonymity. The owners and employees are known and held accountable.
We see eye to eye on possessions BEING in your possession (a slip of paper saying you own some gold is our vault is not you actually owning gold. You can either hold it and show me or you don’t own it.) The old saying used to be keeping your money under your mattress. People never used to fully trust banks and knew of their fuckery for ages, and kept their savings in their possession so it couldn’t be tampered with. I currently have very little in the bank, funds there to pay bills online etc but I prefer to have my resources secured at home. I used to try to carry $500 in cash on me in case machines went down and I needed gas for my vehicle or had to buy a new tire i wouldn’t be caught flat footed. Resource management is something they don’t seem to teach kids these days. Unless the exchange is you handing me a steak and I hand you a box of bullets, there’s going to be a middle man. Bitcoin requires something in the middle be it the block chain itself or the server or exchange we go through to do the exchange. It’s not an elimination of a middle man it’s just a different one. It may be one you trust more than the others but no everyone trusts it that way.
I see you’re not starry eyed and can actually see some of the draw backs. That’s great, many pushing crypto see it as digital Jesus here to save the world with no flaws, and that’s just not the case. As for the humanure lol, of course it has value! You can add a paper bag and leave it aflame on a doorstep for the entertainment value! In seriousness the food you consume gives you value and is a consumable good, and after you’ve consumed it, that’s end of transaction. You get your nutrition and calories and heal and repair your body with it, and excrete the waste and have no obligation to use it further. Most things you buy you expect to use more than once. We don’t have one time use tv’s for example. Repurposing items to extend the life of the resource is beneficial both for the environment(which if I’m honest is something I worry about the least) and for economical reasons. Using scrap metal to weld a plate on my tractor instead of going out and buying a new piece of steel is simply cheaper. When preparing for a “shit hits the fan” scenario, having everything be useful in more than one way is the only way to go. I can trade my alcohol I brewed at home for flour at a nearby Mennonite colony, distill it and use the alcohol to fuel my gasoline engines in vehicles, garden tiller etc, or I can simply drink it like I do. Raw goods have value in their initial state and can be used for trade or in other ways. Bitcoin simply can not. It’s an exchange token, nothing more. When prepping for the world going to hell, I don’t spend much time having a stash of digital tokens to order stuff from abroad since I can’t count on there being distribution networks to get me said goods, electricity to power the network or even my local area. And I can’t count on local people taking it since no one was taking it before things went to hell. Having goods and bullets stocked and prepared to me is a far better bet than gold or bitcoin. You can’t eat gold, you can’t eat bitcoin, but you can trade a side of beef for flour eggs and potato’s. Using bitcoin instead of USD for online exchanges may be in the cards but for day to do transactions on the local level, adoption will be painfully slow in rural areas, if it is at all. Look how long it took just to get interac/debit machines widespread. Cities are one thing but most of the world isn’t in a city.
Why would you fuck around with translations and delaying and cancelling them? These are people who love and covet control, the money to them is simply a number on the screen. They don’t have to work and toil in a coal mine to make a living, they can just type on a keyboard or more likely tell an underling to approve the project and poof the money they need into existence. They don’t play by the same rules we’re forced to.
I think something was lost in translation in regards to owning my car or a gold bar. If I place money in the bank, and someone steals that money, the bank is responsible for ensuring I get my money back via their insurance or other holdings they have. There’s people to sue or charge with fraud. My car or a gold bar in my possession I have no need for anyone so permission to use so not really a fair analogy. Try getting money back from MtGOX if you had coins stored there.
But you still need trust in that system to be secure. Over 50% consensus of the severs required for a change to be accepted sounds good until some bad actor like a government or two or more working in cahoots decide to subvert it. There’s already work in progress to de-anonymize the TOR network, these agencies love control and there’s no way they won’t attempt the same for digital currencies. With banks, employees and owners are known and public record and if there’s fuckery, you have someone to go after legally. With the bitcoin network, if a person gets scammed there’s no one to turn to for recompense. You’re just shit out of luck. Exchanges have been hacked and people have lost millions, so you can trust them to be secure. You have to go through hoops and store your coins in offline wallets, and then incur risks when you put them online to use them. With the network decentralized, there’s no governing body to oversee and provide security, you HAVE to trust that the network hasn’t been compromised. How can you be sure of this? How can you check to see that China hasn’t infected 3000 servers and placed 20000 more online and gained 51% control and now determines what is and what’s isn’t an authorized transaction?
While I love the idea of getting rid of the middlemen (in everywhere from finance to useless middle management causing bloat in every business sector), bitcoin and digital coins still haven’t gotten there have they? When switching between digital coins, there’s still a fee. Many a time have I heard the digital coin bros complain about the gas fee on X, and the network servers them selves are a middle man. Unless you’re printed out the code to a bitcoin on a piece of paper, and handed it to someone else and exchanged a good or service for that, you need the network as a middle man. Hell, even doing it that way the guy you gave the printed out bitcoin code to still needs to do something on the network to add it to his wallet officially unless he’s just going to trade the paper to the next guy in the chain of trades.
To say it has no value relates to its lack of a physical state. Gold has value outside of being used for currency as it can be made into jewelry, tooth fillings, plate electronics for anti-corrosion and thermal characteristics, or just sit on your desk and keep your papers from flying off when the door opens. Fiat currency, if it goes completely worthless, could be burned for heat/cooking in the case of paper bills and melted down in the case of coins and made into something else. Bitcoin and digital currencies have none of these possibilities. They’re merely a digital token to be used for exchange and that’s it. No use outside of that, no way to use them for something else and if the network is compromised or taken down, then completely worthless is the proper description. It’s like an online game that shut off its servers. I had one billion VDollars in 10Six, then the owners shut the game down, now I have none, that kind of a deal.
I miss the days of debate with Christopher Hitchens.... and debates with a proper moderator...
I think you’ll see people trade a truck for a cow before you see Billie-joe trade bitcoin to Jim-Bob for a tractor.
I like Gavin, haven’t watched him in a while but Destiny looks like he traded his soul for a soy drink and is about to cry because he still hasn’t got it yet.
Except there’s nothing to make bitcoin valuable at all to most normies in a post-fiat world. Being able to buy and sell goods online when there’s no one getting paid to truck it out to me or worst at a post office to handle it for me until I come and get it doesn’t really work. Having someone show up and ask to get some diesel from a farm tank in exchange for some bitcoin? Or rather “part” of a bitcoin? Or some shitcoins? Good luck getting that trade to go through. Maybe, just MAYBE there’s would be a chance for bitcoin to slip in as a dominant currency if it was the only game in town but with all the other coins like monaro, etherium, etc etc etc all eating each other to try and be worth something? There’s nothing to back up any shitcoin at all, or bitcoin. Don’t care if you bought it online or mined it yourself in your basement, it only has use as a medium for exchange if both parties agree to it, and most people simple don’t want or need to take these digital coins.
Yet they won’t watch a 20 minute video of experiments they can perform to show its not. They want to believe they’re special and are better than everyone by know “da truth” or believing “muh holy book” that they won’t listen to reason. They’ll just plug their ears and yell LA LA LA LA LA when you ask them to describe their flat earth models for lava coming to the surface, plate tectonics, astronomy, thickness of the earth if flat, thickness of their precious ice wall, why no mad villain hasn’t just drilled through the flat earth and drained the oceans out the bottom or blown a hole in the ice wall and drained them that way, etc. They have massive daddy issues and need a god overseeing them as the father they never had to keep them in a divine snow globe protected by a firmament and an ice wall on a flat disc before they’re transported to heaven.
Test liquid dish soap, straight out of the bottle. Or laundry soap.
They realized it doesn’t help their narrative if Jews aren’t able to suffer “racial bias and injustice”.
I’d rather they take a drug test and pass before getting benefits rather than forcing a dressed up ineffective flu shot upon people. And if they claim that’s too expensive then drop the mandatory drug testing and “vaccine” mandate for other jobs. Make things better and make sense, not race to the bottom and state control for everything.
Wait, why the hell is tax returns on that list? You paid, and in fact overpaid and your government owes you YOUR money back, why the hell would you require a clot shot to get your own money?
Same reason I had to piss clean to work on the rigs, but not to collect EI. Clown world. Honk honk!
This is only a problem if you subscribe to your particular holy book. Consider someone living by the tales in Grimm’s fairy tales coming at you complaining that all candy is a tool of witches used to deceive children so they can eat them. You’d look at them as if they were a fool. Well, the same applies when we swap Grimm's fairy tales for the Koran, the Torah and yes even the bible. There’s plenty of religions and plenty more that’s have flourished and faded away to obscurity. I have no more reason to believe christians understand and have recorded “the truth” anymore than the Egyptians, the Aztec’s, the Japanese, the Greeks, the romans, the Norse or any of extinct civilizations. I honestly don’t believe any supreme creator of a universe that’s made stars, planets, galaxies, radiation, gravity, life, and all manner of things we don’t even know about yet gives two shits about every human, soul or not, simply because of our need to feel special. Our hubris and fear of death making people want an easy way out to live forever doesn’t mean there’s a heaven or a hell. No proof of limbo, Valhalla, hel, Elysium, you name it. Tales made up to make scared people feel better. Tales made to control the weak minded. Why would you hire an army to enforce your made up rules when you can simply convince the sheep that an invisible man living in the sky is watching everything you do every moment of every day? And you have to follow these rules or he’ll be mad at you, oh yeah and he needs money. 10 percent of your gross income. Just give it to us nice holy men, we’ll make sure he gets it. It’s Santa Claus but believed by adults. Instead of toys and chocolate you get eternal life on a cloud playing a harp with angel wings? Give me a break. And for the REALLY deluded they’re a personal soldier in gods army against the super evil devil! I really wish we had a Christian.win to banish all the christ posters to, they’re all over the board. Any other cult they’re happy to point out and laugh but they’re own sacred cow must never be questioned or mocked.
As we’ve see already, too many sheep follow blindly to the “official narrative” and never look into the truth. Won’t matter what the truth really is, MSM said you couldn’t charge your car because the power was used by evil scape goat so now you don’t have enough in the battery to drive to work and there’s not enough in the grid to run their air conditioners. Never seen an armoured car that’s an EV, funny the elites 3 inch thick armour glass toting vehicles don’t come in electric...
In areas where the power grids are already taxed, you’re gonna see the EV pushers and their cult demonizing the bitcoin miners for taking away the power and they’re the reason they can’t charge their cars at home. Just watch.
Online Karen’s, that’s all they are.
Local facilities making the chips means faster delivery time of finished chips. When a company orders chips from Taiwan, they’ll generally ship them as cheaply as possible meaning slow boat from China style delivery. With shipping delays, supply chain interruptions, boats waiting in queue to get into the harbour and then unloaded, you could have the existing factories keeping up before but now deliveries haven’t been made and bam, shortage. Having a local supplier can help drive down prices through competition and remove dependency on a foreign nation which SHOULD be a goal but globalists gonna globalist. If it takes them say 2 weeks to process your order of chips, and it’s 3 states away, you could have your chips in a couple of days by truck. Your order from Taiwan could be 6 months from arriving. This is why we need more chip facilities.
As long as they’re right and the first female president elect is named Lisa Simpson, it mean something Kamala and Hillary get bump-kiss.
The small town nearby me still has dialup for the debit machine at the General store. Cell service is spotty, and when the building is metal roof and sides you get barely to no cell signals through. I bought a cell booster for our farmhouse and that alone cost me $700, to use the cell phone for bitcoin transactions in small towns isn’t always feasible. My own area has very limited and oversold satellite internet for high speed and nothing else available yet. There’s supposed to be new service coming, but it’s been delayed on roll out. Was expected last autumn but here it is nearly spring next year and no arrival date to speak of yet. You’ve first hand experience with the banks being shady. I’ve firsthand experience with rural technology being behind the times. Having a unified worldwide currency when we don’t have worldwide standard conditions of technology feels like a major hurdle to me when the currency is terribly reliant on technology.