04-07-2021, 08:02 AM
I admit that I don't know that much about Bitcoin. A few in my liberty group insist that it is liberty oriented and make a case for it. My response is, say you were in a desert, stranded out in the middle of nowhere, need a tool, food or lumber, who could possibly benefit or want to trade their hard assets for imaginary money? I also make the case that crypto is nothing but computer-generated code that can be altered, can be turned on/off or cease to function, and ultimately tracked by governments and powers that be. For all of these reasons and more, I am opposed to digital currency and see a ponzi scheme. Their case is that crypto is here to stay, it does compete, replaces the buggy-whip with modern technology, and either get on the band wagon and profit by it or not participate in society. In my own personal world, I diversify in hard assets and always will.
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