*laughs in diamond hands*
*\*laughs in diamond hands*\*
You Will Own Digital Currency In Some Form And Be Happy
You Will Own Digital Currency In Some Form And Be Happy
I am very happy.
I am very happy.
That's the idea. You will literally own nothing and be happy.
That's the idea. You will literally own nothing and be happy.
Weaponizing the US dollar will cause the fall of the dollar as the global reserve currency. Crypto and assets will be the only hedge against US hyperinflation.
Weaponizing the US dollar will cause the fall of the dollar as the global reserve currency. Crypto and assets will be the only hedge against US hyperinflation.
This implies it's a mistake. It's the fucking point you morons. Transition to digital assets all of which are tracked and regulated. Bitcon pushers were rewarded handsomely for beta testing digital currency. Make the money while you can, but one day finite reality will meet the infinite digital world.
This implies it's a mistake. It's the fucking point you morons. Transition to digital assets all of which are tracked and ***regulated***. Bitcon pushers were rewarded handsomely for beta testing digital currency. Make the money while you can, but one day finite reality will meet the infinite digital world.
Digital currency can be anything. It can be tracked, but it doesn't have to be. The main point from those wanting to adopt cryptocurrency, has always been that money is an abstract social contract. Bitcoin is just a commodity with the transaction abilities of a currency built-in for convienence. It wasn't built for tracking transactions, but unlike privacy coins, the focus on encryption was soley on counterfit protection. The idea that the ledger part would need the same level of protection, because governments would exploit it, wasn't something that was considered in the early days.
Digital currency can be anything. It can be tracked, but it doesn't have to be. The main point from those wanting to adopt cryptocurrency, has always been that money is an abstract social contract. Bitcoin is just a commodity with the transaction abilities of a currency built-in for convienence. It wasn't built for tracking transactions, but unlike privacy coins, the focus on encryption was soley on counterfit protection. The idea that the ledger part would need the same level of protection, because governments would exploit it, wasn't something that was considered in the early days.
"money is an abstract social contract"
exactly. very succinct explanation. this is absolutely the difference between those who support it and those who don't.
doubters will say complain about it being completely digital, ya well so is the vast majority of US Dollars. you think for every dollar on the books their is a physical piece of paper?
or "if the internet/electrical grid goes down crypto won't work." ya but your dollars will? will credit/debit card? the existing financial system goes down too.
or i don't understand how it works so i wont use it. oh well the overwhelming majority don't know how fractional reserve central banking works yet use it everyday.
the arguments just get lamer from there. your point tho makes the most sense to me. money can be whatever we collectively agree upon and we understand the current system is controlled by corrupt morons who select winners (cantillon effect).
"money is an abstract social contract"
exactly. very succinct explanation. this is absolutely the difference between those who support it and those who don't.
doubters will say complain about it being completely digital, ya well so is the vast majority of US Dollars. you think for every dollar on the books their is a physical piece of paper?
or "if the internet/electrical grid goes down crypto won't work." ya but your dollars will? will credit/debit card? the existing financial system goes down too.
or i don't understand how it works so i wont use it. oh well the overwhelming majority don't know how fractional reserve central banking works yet use it everyday.
the arguments just get lamer from there. your point tho makes the most sense to me. money can be whatever we collectively agree upon and we understand the current system is controlled by corrupt morons who select winners (cantillon effect).
doubters will say complain about it being completely digital, ya well so is the vast majority of US Dollars.
Digital IS to be traceable. That's the argument. Dismissing this because of what we have now isn't an argument for it being better than we have now you moron.
you think for every dollar on the books their is a physical piece of paper?
That's the fucking problem, is to manipulate the currency without physical reality of limits is why we're fucked the first place. 90% of bitcon is in very few hands which again isn't better than our current situation you moron.
or "if the internet/electrical grid goes down crypto won't work." ya but your dollars will? will credit/debit card? the existing financial system goes down too.
This is a strawman arguement but again you argue against yourself pointing out it's the same as the current system you fucking moron.
or i don't understand how it works so i wont use it. oh well the overwhelming majority don't know how fractional reserve central banking works yet use it everyday.
Again a strawman arguement. Complexity is not an excuse for lack of use. Having the ability to follow the flow of money throughout the globe for predictive programming IS the fucking issue. Inherent in digital. Cash and physical is airgap that results in lost data and loss of predictive accuracy. Central banking is the heart of everything corrupt.
the arguments just get lamer from there. your point tho makes the most sense to me.
Arrogance.
money can be whatever we collectively agree upon and we understand the current system is controlled by corrupt morons who select winners (cantillon effect).
I agree, but you're asking to hop from the boiling pot into the fire. Ultimately we all make our own choices and you make yours. I'm just pointing out the chains your putting on yourself.
>doubters will say complain about it being completely digital, ya well so is the vast majority of US Dollars.
Digital IS to be traceable. That's the argument. Dismissing this because of what we have now isn't an argument for it being better than we have now you moron.
>you think for every dollar on the books their is a physical piece of paper?
That's the fucking problem, is to manipulate the currency without physical reality of limits is why we're fucked the first place. 90% of bitcon is in very few hands which again isn't better than our current situation you moron.
>or "if the internet/electrical grid goes down crypto won't work." ya but your dollars will? will credit/debit card? the existing financial system goes down too.
This is a strawman arguement but again you argue against yourself pointing out it's the same as the current system you fucking moron.
>or i don't understand how it works so i wont use it. oh well the overwhelming majority don't know how fractional reserve central banking works yet use it everyday.
Again a strawman arguement. Complexity is not an excuse for lack of use. Having the ability to follow the flow of money throughout the globe for predictive programming IS the fucking issue. Inherent in digital. Cash and physical is airgap that results in lost data and loss of predictive accuracy. Central banking is the heart of everything corrupt.
>the arguments just get lamer from there. your point tho makes the most sense to me.
Arrogance.
>money can be whatever we collectively agree upon and we understand the current system is controlled by corrupt morons who select winners (cantillon effect).
I agree, but you're asking to hop from the boiling pot into the fire. Ultimately we all make our own choices and you make yours. I'm just pointing out the chains your putting on yourself.
The idea that the ledger part would need the same level of protection, because governments would exploit it, wasn't something that was considered in the early days.
Lol
>The idea that the ledger part would need the same level of protection, because governments would exploit it, wasn't something that was considered in the early days.
Lol
An economy based on the belief someone else will pay more for nothing than I did.
I just can't do it.
An economy based on the belief someone else will pay more for nothing than I did.
I just can't do it.
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