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  • Proph's Avatar
    01-09-2021, 04:22 PM
    lol...My point is that crypto isn't as anonymous as you think. That can be a good thing, though, if governments would accept it as a plausible payment method. (Fraud and theft would be easier to track than cash, for example.)
    1056 replies | 72488 view(s)
  • Proph's Avatar
    01-09-2021, 02:23 PM
    Probably because you need a bank account when you go through exchanges. All of those exchanges store enormous amounts of personal data -- to deter fraud and other maliciousness, supposedly -- and governments would have access to all of that when they declare cryptocurrencies illegal. ("Only Congress can coin money!") What happens then? (How many die from stupid government, this time?)
    1056 replies | 72488 view(s)
  • Proph's Avatar
    01-09-2021, 12:38 PM
    Still better than fiat! Used the right way, cryptocurrencies level the playing field against bankers.
    1056 replies | 72488 view(s)
  • Proph's Avatar
    12-22-2020, 11:15 AM
    Don't use Theire currency. (Problem solved!) "War is the health of the State."
    21 replies | 501 view(s)
  • Proph's Avatar
    12-17-2020, 11:43 AM
    True; but if it's governments doing the seizing, your odds of survival plummet. (Are you ready to kill someone over stuff, just like them? Evidently so!) Cryptocurrency won't disappear unless an internet kill-switch is flipped, but even then, those funds still remain until accessed and transferred. (EMP's are a threat, too.) You're just being disingenuous here: Ideas are quite plentiful ! (The idea behind blockchains is to make sure that all of the servers -- where ledgers are stored -- are on the same page; anyone who tries to throw their own fantastical ledgers onto the chain are rejected, save a new currency or 51% attack.)
    1056 replies | 72488 view(s)
  • Proph's Avatar
    12-17-2020, 10:28 AM
    CBDC -- Centralized Banking Digital Currencies? -- seem similar to E-Coin. (Mr. Robot is an excellent series, which I recommend everyone should watch!) Something "real and tangible" can still be seized, arguably easier than digital cryptocurrencies! (Quantum computing trivializing encryption is the biggest threat.) Cryptocurrencies' value come from scarcity and security. (Though, not all of them are deflationary or limited in supply.)
    1056 replies | 72488 view(s)
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