Okay, fine. How do we use crypto for day-to-day exchanges? Can I buy groceries with my crypto, or gas, or clothing, or anything? Bitcoin HAS been hacked! Stories of hackers stealing Bitcoin from wallets exist. There is no way under the sun that TPTB will ever allow any currency or other form of money to exist unless they control it; NOTHING will ever interfere with central bankers' monopoly on the creation or management of "money."
Bitcoin itself has never been counterfeit or hacked. Bad wallets have, and that is why you are supposed to self custody on a cold wallet. Any hack that has happened was a result of a bad choice of who to trust to hold your Bitcoin for you. Hold (HODL) it yourself.
Any non-physical form of easily interchangeable asset for economic transaction but gold, silver, cigarettes, booze, fuel, candles, "quick-lead" and its "dedicated launching tools", canned and especially fresh meat, veggies and fruits will be utterly impractical and therefore obsolete in the times to come.
The digital world and its various forms of money will not be accessible and entirely non-functional.
So sorry for Dorian (Satoshi) Nakamoto's basically brilliant, democratic and egalitarian idea and his global acolytes.
Do you think they are building digital prisons just to break them?
Sure. If the systems break then that’s troublesome. Bullets and beef rule. But do you have money in the bank right now? That’s just code on their server. At least with Bitcoin on a cold wallet you hold the keys in your hand. And when the grid comes back on you still have it. The grid is worldwide.
You are planning for an apocalypse. We are preparing for a rebellion of decentralization. Which one has a better chance of solving the problem?
Thanks for elucidating our servitude. Unfortunately our rulers can make crypto illegal with the stroke of a pen anytime they choose to.
You mean like they did in China? What happened when they did that? It became the #1 place for Bitcoin trade and #2 for Bitcoin mining.
Wasn’t aware you worked for the Chinese.
What? Derp.
I loved the idea of being free from constraints.
Keep going you guys.
🤍🧠
Except that crypto now is thoroughly compromised and not nearly as "safe and effective" as people are told.
https://arstechnica.com/features/2024/01/how-a-27-year-old-busted-the-myth-of-bitcoins-anonymity/
1) use decentralized exchanges
2) it is permissionless
Bitcoin has never been counterfeit or never been hacked. I would like to see this paper debated with experts in cryptography
Okay, fine. How do we use crypto for day-to-day exchanges? Can I buy groceries with my crypto, or gas, or clothing, or anything? Bitcoin HAS been hacked! Stories of hackers stealing Bitcoin from wallets exist. There is no way under the sun that TPTB will ever allow any currency or other form of money to exist unless they control it; NOTHING will ever interfere with central bankers' monopoly on the creation or management of "money."
Bitcoin itself has never been counterfeit or hacked. Bad wallets have, and that is why you are supposed to self custody on a cold wallet. Any hack that has happened was a result of a bad choice of who to trust to hold your Bitcoin for you. Hold (HODL) it yourself.
Any non-physical form of easily interchangeable asset for economic transaction but gold, silver, cigarettes, booze, fuel, candles, "quick-lead" and its "dedicated launching tools", canned and especially fresh meat, veggies and fruits will be utterly impractical and therefore obsolete in the times to come.
The digital world and its various forms of money will not be accessible and entirely non-functional.
So sorry for Dorian (Satoshi) Nakamoto's basically brilliant, democratic and egalitarian idea and his global acolytes.
See you after the nightmare ...
Prepare for the worst, but aim for the best.
Do you think they are building digital prisons just to break them?
Sure. If the systems break then that’s troublesome. Bullets and beef rule. But do you have money in the bank right now? That’s just code on their server. At least with Bitcoin on a cold wallet you hold the keys in your hand. And when the grid comes back on you still have it. The grid is worldwide.
You are planning for an apocalypse. We are preparing for a rebellion of decentralization. Which one has a better chance of solving the problem?