How so many people overlook this, I'm surprised by. Everyone at every level has been distracted by cryptocurrency being either a way to make money or an investment scheme. It'd be nice if it could be those things, but there are already other systems of actual investment. On the other hand, cryptocurrency, whether or not you hate them for their energy consumption, provide a means of independent economies being created outside of whatever regimes are in control. But that's boring.
Then again, hopefully we'll never need to see a future where everyone values the decentralized nature of crypto more than its monetary value at any given moment. If that happens, it might be under a regime where sneezing in public or looking in the wrong direction would lose you enough social credit that your bank account gets terminated.
Er all your transactions are tracked. They want to get rid of cash and they need people to want the technology that enables that. A couple of mining operators control the network and they just need to operate as one to do whatever they want with it. The lizards in charge of fiat probably own those mining companies. All transactions are tracked did I
Mention. So everything you do is tracked. Read that again and think about how cash == freedom ... and crypto == total enslavement
- Miners have tried to prevent changes to the Bitcoin and Ethereum protocol more than once and failed due to community consensus of the users. Miners don't get to decide which protocol is run, the users ultimately do. If the miners choose to mine an unpopular protocol, people can and will simply fork the chain to a more favorable protocol. This has happened plenty of times.
A lot more people than just criminals and money launders. But yes, criminals ironically tend to be some of the first adopters of new technology. So the fact that it's so popular with criminals should be the signal that it actually is really powerful technology.
Or do you think criminals are using crypto because they're uninformed reddit HODLRS hoping to moon?
I've legally bought and sold quite a few things on craigslist using cryptocurrencies. I'm personally finding it easier and easier to use cryptocurrency as a payments system as time goes on. You really don't know what you're talking about.
Could have but did not want to? I want to use crypto and so do plenty of other people. That's why the option to use crypto on craigslist even exists.
First, it was criminals, now it's the planet. You are all over the place my guy. I'm doing what's best for me economically speaking; the planet is just gonna have to figure out a way to survive because I'm for sure doing fine.
And we aren't going to get anywhere in this discussion if your only rebuttal is "the leader of a country using it voluntarily is a dictator so that settles it." Do you have a rebuttal to my point at all?
Then again, hopefully we'll never need to see a future where everyone values the decentralized nature of crypto more than its monetary value at any given moment. If that happens, it might be under a regime where sneezing in public or looking in the wrong direction would lose you enough social credit that your bank account gets terminated.