no. as we have all come to realise, central banks create currency out of thin air. What would you call digital coins, were they not created from nothing? the fact that they are popular does not create anything but popular thin air. The recent devaluation across the board is JMHO was a manipulated flat line designed to encourage investment in crypto @ a discount rate. What I'm saying is they are sucking the paper dollars out of existence before you figure out the central bankers will control crypto as well, after all how else will they succeed in having a"one digital currency" Currently (crypto) is the wild west, as soon as this admin allows the banks to carry a large amount of their assets in digital, that's when they will assume control. yes I trade crypto and invested to understand how it works. JMHO
this is the one thing i have the most trouble when it comes to Crypto... "were they not created from nothing? "
Spot on
and it was never anonymous , from th beginning. That's what the whole bit coin miners thing is, they get paid(mine) by running server farms to authenticate transfers. yes the transfer is done using a hash code, owner ship of an account requires ID, and a bank account link to by, those things are not anonymous . If it's all made from thin air, cannot the central bankers just write a check and buy the entire thing? my guess is that is going to come
All of these crypto properties are backed by energy complexity. That energy is largely fossil fuels. These are petrodollar properties. Anyone who thinks they've escaped central bank's petrodollars have no idea what the hell they are involved with.
Especially since anyone can "mine" crypto. Chinese American, or Russian super computers have the advantage.
Crypto is a petro-currency fully endorsed by the deep state. These imaginary properties give totalitarian control over purchasing. Contrary to some of the shills, many intrinsically self document the entire purchase history and cryptographicaly authenticated as such.
Rainbow money is the only path forward. While you might do well with crypto in your portfolio, it is in itself an instrument of totalitarian power and control. Anyone telling you otherwise is likely low IQ or a shill.
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