You can stop the rot; don't be afraid miscer to take the step into infinity, and receive eternal bliss.

Today is the day you say "I will no longer waste my precious days over nothing". Today is the day you take the BTC pill and ascend.

I have a huge stash of LTC I'll be dumping at $500

For a long time, we have almost always used state issued currency. The state being in control of the currency is like the state being in charge of the religion, and religion being in charge of the state, just as the banks are in charge of the state as well. Since they ripped up the gold standard, the government has almost unlimited power, because they are the bank and they can just print money. This has all kinds of corruption issues going on. Your state currency has been constantly devaluing since it was created.

Now we have cancel culture in effect along with globalist and their agendas. They are going to try to make it so that those who don't follow their rules can't buy or sell or even hold their money anywhere. Look at what they are trying to do to Trump? Like him or hate him, the fact that they can deplatform someone like that, basically block them, is kind of scary.

The only thing I worry about is the government/banks try to stop Crypto by making it illegal to own or use it. That's where things get hairy. I can promise you that when it starts to threaten their position there will be moves made.

brah government loves crypto, no more cash all digital and trackable brb buying USDC

Multi millionaire ex Hedge Fund manager breaks down the state of the economy, and why institutions are buying Bitcoin...

Not distributed network ('decentralized') crypto, or privacy cryptocurrency projects. They want centralized and open digital currency.

It's likely they will try to regulate decentralized crypto in a way that it's not an economic threat to fiat currency... It could work, as long as people only treat crypto as a speculative asset.

well INSTITUTIONAL INVESTMENT has happened now...

I've noticed it's mainly westerners who seem to think that.

"In 2019, criminal activity represented 2.1% of all cryptocurrency transaction volume, or roughly $21.4 billion worth of transfers. In 2020, the criminal share of all cryptocurrency activity fell to just 0.34%, or $10.0 billion in transaction volume. One reason the percentage of criminal activity fell is because overall economic activity nearly tripled between 2019 and 2020."

https://blog.chainalysis.com/reports...arknet-markets


Bitcoin Cash for example (a better version of Bitcoin) is also used to send money overseas, because of it's low transaction fees (less than 1 cent) and speed (confirmation is often a few minutes, but normally a max of 1 hour). Same for Dash and Smartcash. Those 3 are growing in popularity in Latin America.

https://whybitcoincash.com/

The no.1 currency used for crime is the U.S. dollar/cash.

Unfortunately, I think you may be right.

Note: I'm specifically talking about Bitcoin.

What I can also see is banks offering custodial services for Bitcoin, and that will appeal to Boomers... Which will help to condition them to accept the upcoming CBDC (Central Bank Digital Currency).

For anyone reading CBDCs are not a conspiracy theory, they are literally being rolled out in a number of nations right now. China, Singapore, Argentina, and Brazil. Also, 70% of banks around the world literally have plans to roll out their own CBDC, according to the BIS...

https://www.ledgerinsights.com/bis-7...currency-cbdc/


There are people in the crypto space developing way make using cryptocurrencies as boomer friendly as possible. Smart contract based custodial solutions rather than bank based that give people the ability to claim a refund, etc.

How would they even know that if its a secure currency?

This is either made up.... Or its not secure.... Yikes

you don’t type in addresses. This shows me you lack knowledge. You scan a QR code or copy paste. Al crypto is like this. Also women can get into this. The solution is custodian you incel. Or education for self custody and this isn’t for the fkn boomers. They are all dying off. This is for the digital age.

Why is it always the people who don’t know how Bt work get so fkn scared ?Btc is on an open ledger so every transaction is fkn public doesn’t change secuirty it’s just all public. Though tap root is coming for a new update that allows private transactions like cash But before you freak out learn the technology lmao

You sound very immature. Teen misc —->

what..? An exchange doesn't make it centralized, we have many exchanges. What are you talking about?

I think you are confusing code security with privacy or anonymity?

1) People can report that they were the victim of crime. e.g. Ransomware.

2) Most cryptocurrencies are an open ledger. Meaning data transaction history of an address can be examined by anyone with access to the software to examine blockchain transaction history. (e.g. Chainanalysis, Blockchain explorers you can find on the web).


Blockchain security has nothing to do with if the ledger is open or not. The security of the blockchain is through it being a distributed network, where transaction histories are confirmed and records maintained by multiple nodes. Also, through developers protecting the network against a 51% attack - where a bad actor/actors controls 51% of the network, and using the processing power to disrupt the integrity of the ledger/processing of the network.

So its a speculative investment then not a currency?

Look guys i know you want to make money but why lie about it being “the future of money” or some crap. It doesnt really provide anything for normal people
over fiat currency. Have you seen the network fees for ether right now?
The only reason these “your missing out” threads are made is so you can get people to pump the price and your stack increases. crypto is a load of big whales dumping on little fry half the time.

be smart and don't take any financial/relationship/life advice from none of these idiots.

Strong response. Should have negged you.

These “idiots” are the people who will be super rich in the future while you rope your self due to your ignorance.

youd be the type of person to dismiss the internet in the 90s because it has no “normal” daily application. There’s something called adoption. I swear you guys think like at most 1 day ahead. No wonder you’re poor.

negged when you respawn dork.

Yep.I assume you aren't talking to me, because I've never said that about Bitcoin. Bitcoin IMO really is just going to be - for better or worse - Digital Gold. Gold is not a threat to the traditional financial system.

IMO even if lightening network becomes usable enmasse and by developers, Bitcoin will not be used for daily purchases. I think by then - which is probably years away - by then the psychology around Bitcoin will be seeing it as 'digital gold' and people don't use gold for daily purchases.ETH is mainly used for DEFI (Decentralized Finance. Decentralized or non-custodial versions of traditional banking products and services) and trading.

There are number of alternatives to ETH that have either rolled out, or are rolling out, that offer significantly lower fees.

IMO ETH - over the next 5 years - will be dethroned as the no. 1 used smart contract network for Polkadot, and Polkadot parachains. Also, Cardano, Avalanche, Horizen, Wanchain, BSV, etc, all offer platforms for building DApps with different solutions for faster, cheaper, and more data transactions than Ethereum. Ethereum is basically 1.0 DEFI/DApp ecosystem. 2.0 is literally being rolled out as we speak.These threads are IMO about crypto trading and investing, not promoting DEFI or cryptocurrency adoption.

I have noticed debating a few miscers about cryptocurrency adoption, that they seem to think that if something hasn't happened right now then it's not going to happen.

DEFI is in it's infancy, and cryptocurrency adoption is in it's infancy. Making a firm conclusion on crypto market/industry based on what has happened IMO is like judging the significance of the internet based on the internet in 1999. Fast forward to 2019, and it is quite literally integral to society. Possibly (and probably IMO) blockchain technology will have the same impact in the future.

Yeah In the 90s you barely could do anything with it. Strong awareness it’s ok though you’ll be a wagecel for ever

Lmao you seriois? Please tell me how many shops had e-commerce? Pls tell me how many things you can order or pls tell me you were able to order food off the internet back then lol...there wasn’t much besides forums and **** posting

I’m willing to bet I make more than you off my business and job plus my new job I just took Ans moved to a new state. I highly doubt you’d even come close not even 10% of it Srs

Shouldn’t you be out driving your lambo? You do have a lambo right?

Not about “affording” but if it’s worth it. I hate losing any amount of money. Even $20. Especially when you get no value. But lol at you. Stay mad

Lol not yet. But real t getting cyber truck when released. That’s my lambo.