You haven't followed the money war, particularly the alternatives trying to compete with the (((federal reserve))) over the last centuries. They will make you think it's the only option. Slave masters certainly not gonna tell you about how to free yourself, you have to figure that out on your own.
That said, I'm sure you have a diversified portfolio with the essentials stockpiled and not planning on relying on any form of medium of exchange in a world where capitalism will be eliminated.
Why the sudden trust for fake news media?
The Reason Africa hasn't had digital currency yet is because banks hasn't served the continent because people are too poor and therefore not easy to put in debt in a profitable way to banks.
That said, there's still a need, just like in the rest of the world. Online purchases is one big market for instance. In a world where you can't trust the mail carrier or the banks you need a trust less way to transfer your payment from A to B. And that's where cryptocurrency comes in.
CBDC is just the banks borrowing the open source back end technology of cryptocurrency in a pathetic attempt to keep their slaves enslaved. Just like Bill Gates stole most of the code from open source Unix, patented it and made the worlds shittiest operating system, which slaves use because businesses tell them too while refusing to look into better alternatives.
CBDC is not gonna last in the long run, they have some plan for it. Perhaps using it because it's easy to implement, and then have it as back end during the dollar collapse into hyperinflation, that way avoiding ddos attacks and other kind of tampering. Then of course fake news media is gonna blame someone else, they way they blame Putin for everythnig that's happening right now, and sheep are gonna obey and accept the carbon credit (similar technology), live in their pods and eat their bugs.
The dollar has been digital and fully traceable for almost 50 years now. Checks, phone banking, credit cards, some retarded app or even cash is just a front end for the digital system running in the background.
What's happening in 2030 is the end of capitalism, carbon credit, they're gonna put limits on what you can purchase, heck they will even control your allowance. And because of the massive increase in speed at the back-end they can charge you within the precision of milliseconds.
Open a tap or turn a light on and you can watch your account balance drain in real time, 8 decimals after the dot, the lower ones will count down faster than you can see.
Everything will be counted in CO2 equivalents, hence carbon credits. You'll own nothing, and environmentalist muppets is gonna love this pod society.
Don't know much about them, but they aren't blocked so anyone who want can do it.
Only censorship of that type in Sweden is one ISP, Telia, who blocks one domain, thepiratebay.org, through DNS, so it only affects those who use their pre assigned DNS servers. So I guess no, other than that I've seen a few fake news media outlets linked from here.
American sites which blocks visitors from Europe because they don't wanna comply with GDPR, too much trackers probably. Anyway, despite being a block at the host, it's easy to bypass.
Invalid, there was a snowstorm just few weeks ago, reaching all the way down south, -20C and about 0.5m of snow, with drifting up to 2m inland. Had to exit from second floor and dig through the snow to get out. Normally that only happens between December to February.
This doesn't grant them control, it's plain and simple theft of your tax money. Just like if the government opened up goldmines allover the country at your expense, only to enrich themselves. They still can't control your gold. However, the fact that they own lot's of gold is bad.
Cash requires proof of identification in many places too. The only thing that doesn't require id are bartering with instant exchanges/transactions. Bartering includes precious metals and crypto.
which is clearly better for transaction based applications.
Tell me, when do you ever need to do an outside join in a system that only handles transactions. The data structure of blockchains is a linked list, SQL uses tables. And if you do need that operation, what exactly stops you from using SQL tables in your application?
Such as? and if you know what it's for, don't bother to explain all it's usage areas, this is a very simplified version for the ignorant.
Blockchain is just an alternative to distributed SQL databases, which is clearly better for transaction based applications. It's not a freedom fighter with it's own mind, it's a powerful tool, like upgrading from a simple revolver to an advanced assault rifle.
You have to reclaim your freedom using any tool possible. But never ever go around and tell people they should give up their assault rifles and replace it with a simple knife, just because the enemy started using assault rifles.
Those "failsafes" may be sufficient to stop automated attacks, but it's worth nothing because it can all be overridden by human error. Humans are always the weakest spot in any secure system, hence also the most commonly targeted.
Your mistake is to assume that the average Joe is smarter than you are. Or let's say more capable of protecting everything you own, which obviously isn't the case.
Two reasons:
- The "vulnerability" does not exist yet. Current algorithms and key length is quantum secure for at least another 10 years.
- The common way to improve security within encryption is to simply double the key length. This typically provides sufficient security for another decades.
Better security also means that the software will be slower, more data to store and transmit, but most importantly more data to process. For already existing machines we're talking exponential growth in time complexity.
Now this will have a much lower impact on decentralized networks such as cryptocurrency, but still noticeable, so you don't implement that until it's needed. That's the policy of Bitcoin however, many other coins already use quantum secure algorithms, so if you're smart you just avoid Bitcoin and go for the coins that are secure.
Whatever you do, avoid centralized digital systems. Your bank for instance would have to exponentially grow the amount of servers to catch up with the new more secure algorithms, which is gonna be a costly process. Fakebook, twatter etc would have to build new data centers.
As the alternative would be precious metals, you could consider crypto as freedom. Sure if satellites and underwater cables where cut off, you'd only be able to transact over a shorter distance, and transactions would take longer.
But even then there may be cases where that's more convenient then physically drive a long distance just to pay in metals. In really bad situations where entire communities are shut off from all connectivity, local cryptocurrencies would likely be an alternative, as your local town or village would still have connectivity through already existing cables or radio signals.
It currently is both tho, call it a war or whatever but fact remains, some idiots chase profits and others use it to preserve their freedom, despite volatility. If your portfolio is small you could use stable coins pegged to gold or silver to safeguard against volatility.
It's what they want you to think, the reality is properties similar to metals. But because it's digital it's easier to acquire, and hold, and it's easy to divide into smaller pieces.
The reason metals doesn't increase in value as they should with their limited supply, is because they sell fake paper metals to a whole bunch of idiots, today even via internet which is just fiat 2.0, or digital fake metals not backed by real metals.
The regulatory with crypto only applies if you try to convert it to fiat, which would ruin the whole point of it anyway. Just use it as bartering and nobody could stop you.
As for quantum computers, that's fear mongering. If quantum computers ever successfully cracked certain encryption algorithms within a reasonable time, it would of course effect all encryption.
With crypto it's easy to upgrade to a quantum secure algorithm through a fork from a snapshot of the chain just before the hack occurred. It's not a loss, as it would be if all of your other secrets where revealed and stolen. Not all cryptocurrencies use the same algorithms either, plenty of coins are safer than Bitcoin in terms of quantum proof algorithms.
What a shame, if the government where forced to use something with that level of transparency for all of it's transactions... And no, this is technically anonymized data, which is anonymous until you prove to the world that a certain wallet or chain of transactions is yours. If you want privacy, then don't be retarded.
And if you need privacy, and can't keep your fingers away from telling the world how much money you have, then use Monero or any other privacy coin. What is it with kids these days, uploading photos of themselves holding a stack of $1 bills then cry when bad things happens.
Market value plus price manipulation by the banks and elite to scare regular people away (the only way they can harm it) makes it volatile, and volatility makes it possible to earn huge profits, if you're lucky.
That leads to scammers entering the space, advertising their own services, which is often just a version of N**erian prince letters, or various methods to make you create a wallet where they control the keys, allowing them to steal your funds.
That's not the same as a Ponzi scheme, in a Ponzi scheme new investors bail out the old ones until the whole thing collapses. Sure you could say market value is like a repeated Ponzi scheme, but that would be one of those retarded ideas that keeps you so scared of all forms of investments and market value, that you just sit there with your monopoly fiat currency and watch it lose value at constant speed.
Web 2.0 itself is only about how you design websites. In theory the technology provides no mechanism for monopolies. This is just another example of how crony capitalism has failed us.
The big platforms took over by advertising themselves, shutting down competition using Soros money, buying up products that turned out to be better to stop development and so on.
It's not the technology itself that is the problem. It's just like you said, too many people are using the globalist products specifically.
The point you're missing tho is that blockchains and web3.0 has many great usage areas for a large amount of people. But as you said, not much for farmers who doesn't rely on technology at this point, and if they did the free market would find it's way.
What WEF is doing is yet another attempt to enslave farmers, using existing technology. They're already selling proprietary GMO seeds and fertilizer that ensures only their product can ever grow on the land of farmers who bought into it.
The new world order won't need farmers, only warehouses in the cities where bugs are breed. Don't mistake technology for a threat. Blockchains and web 3.0 is how you can expose them without getting censored.
You're choosing to play the game by their rules.
Fact is, most crypto coins are not pegged to fiat at all, they're pegged to Bitcoin. Heck, first purchase ever made with Bitcoin was two pizzas. And for millenniums we've had gold as primary source of money, an asset similar to Bitcoin, because you mine gold, and the supply is limited.
Don't be their slave when you have a choice.
That's slave mentality. You give up and let the (((bankers))) fuck you over by default.
It doesn't matter what you use, crypto, gold, bartering... in the end it you making a deal with someone else. And that's freedom by definition. Fuck the banks and barter as much as possible, you're not lost just because you can't solve every transaction via bartering.
Or see for yourself, you shouldn't trust proprietary code at all, yet here you are trusting proprietary code in all kinds of electronic devices you use on a daily basis. Why do you fear the one thing you can actually verify is safe and won't fuck you over?
You can by exchange rate.
This will only work if it's legal, otherwise there won't be any exchange rate to manipulate. Funny how anti-crypto people always change the narrative. You can't both have the cake and eat it. 🤡
Even you understand that any fool can fork any existing blockchain and create their own cryptocurrency. Now you can't both suggest that's gonna affect the value of legit coins while at the same time admitting those coins are nothing but shitcoins.
See this is like being worried about some kid writing numbers on slips of paper "oMg iT'S GoNnA DeVaLuEaTe tHe dOlLaR". Then go all in and get pissed when it turns out it wasn't what you expected. "hEy i iNvEsTeD AlL My dOlLaRs iN ThAt kIdS FaKe cUrReNcY, hOw dArE YoU SaY ThEy aRe wOrThLeSs". 🤡 Honk honk 🤡
You don't even know what Luna is, what it does, how it works, or who's behind it. Think for once, use your brain, anyone can fork any cryptocurrency project and use the source as a base for their own. Scammers use this method to change the rules in their own favor, then try trick dumb people who know nothing about how cryptocurrencies work or why they exist.
These scammers are literally used car salesmen. That doesn't mean cars are bad, but maybe it is in your world.