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[–] 4 pts

Patriot, here is another article to support your thread. This shows you how fast they can shut you down and control you with Crypto. Time for people to wake up.

https://www.naturalnews.com/2022-02-20-trudeau-police-blacklist-crypto-wallets-freedom-convoy.html

[–] 1 pt

And people actually think cryptocurrencies are anything but a globalist bankers wet dream.

[–] 1 pt

Patriot, this is why they use it in China.

[–] 0 pt

I would like to point out that there is a difference between crypto in a 3rd party wallet vs one on your own computer or phone or usb.

Crypto can still be stored with a third party, just like cash can. And if you store crypto that way, then yes it has all the same vulnerabilities cash does.

The point of crypto is that it can act like online cash but without a bank. With physical cash you can only hand it to the person next to you, but with crypto it is possible to send around the world without a bank. But if you put it in the bank, then it is no better than cash in a bank.

And different crytos work differently, the central bank is definitely going to make it's own digital currency, bitcoin is nice, but will never be practical for everyday transactions to have it replace USD or cash, Its also very public. Monero is a real potential to replace USD cash, but brick and mortar places don't use it yet.

There are still to many people like the canadian truckers who thought that gofundme wasn't going to screw them over from the beginning. They don't address a problem until it slaps them in the face directly.

[–] 0 pt

From that article:

As authoritarian as this might sound, the reality is that neither Trudeau nor the RCMP have any way to control these crypto wallets as they are private and far outside the reach of the Canadian government.

The only control trudy has over crypto is with registered exchanges that implement KYC policies, because those exchanges are the most convenient for converting crypto back to CAD and sending that to a bank account.

Stay away from KYC exchanges and find other ways to convert crypto to cash...or better yet do business with those who will accept crypto directly and stay away from CAD entirely.