I'm implying the feds will replace fiat with a digital currency, not "crypto" as the term is used. One of the biggest draws to Bitcoin is it is fully digital. The feds know this and will try to move the US dollar to full digital and call it crypto. I cant even begin to imagine the control and power that this will give the feds.
That’s not why I disagree with your sources. It’s because they are devoid of any technical specifics and carry a lot of the propagandized weak ass arguments that are designed to manipulate people who are more focused on political media, non technical, and unwilling to step into the nitty gritty. I’m not sure what your goal is anymore for pursuing this conversation, but you’re not going to convince anyone by making the case “oh you’re just helping China” and appeal to my sense of patriotism.
Where's my debate over energy use and used for nefarious means. Did you miss those parts or willing to concede that the US Dollar is the world leader in these two catagories.Nice attempt at trying to just dismiss valid points with lies. Bitcoin "isn't negative sum producing"
Appreciate you making your opinions clear even if they are blatantly misguided.
I buy that completely actually and what you said about the sheep supporting it is spot on.
I already stated that Bitcoin is not intended to generate wealth. It is intended to be a store of value that is secure and decentralized.
Considering I just had to explain to you what negative sum means I'm not surprised that you don't understand how much harder it is to steal a nation's "money" in wars now The US is the world's reserve currency.
Just wanted to see if anyone could defend cryptos at all but apparently some just don't value their freedoms and America 1st.
I don't think they would have to get people to buy in, they would simply convert your dollars to all digital. Maybe slowly at first, use it for some good and then all of it. Then use it as they please.
It cost more energy than nation's produce to print dollars now?
If it weakens the US and it's currency it's not helping me maintain my freedom.
Freedom doesn't come from government, it comes from the people. It certainly doesn't come from standing army's. All governments and army's are a threat to your freedoms. They don't protect them.
Not talking about printing dollars. As I've already stated, it's the cost of the US dollar to store, move, distribute, protect, prop up, write policy, keep banks open, log Visa transactions............the list is endless. The debate is much deeper. Read what I posted already. I was prepared to give you a gold start at debate until it became obvious you're not reading my reply's and don't have an open mind. This interwebz message board thing can be futile at times. (Except for memes)
Not true.
No I'm reading them and they just don't make much sense.
cryptocoin.news
I’m at in-laws for dinner rn but will find/post different charts tomorrow.@Renegadenole I've already posted that info and shown how the two aren't even remotely comparable. Bitcoin alone uses almost as much electricity as ALL US data centers and again that's for something that creates NO value.
Mining Energy Consumption: Problems and Possible Solutions
Cryptocurrency is a payment method, Bitcoin is a huge investment, blockchain is a revolutionary technology. Regardless of the angle from which you view this new phenomenon, there is a global issue that needs to be addressed, and that’s crypto mining power consumption. Blockchain is a ledger that...
How much electricity does crypto mining really waste? Quite a lot, actually…
crypto mining electricity use: Bitcoin, in particular, uses a large amount of electricity, a problem affecting most cryptocurrencieswww.cantechletter.com
Even assuming your graph is accurate, which it likely isn't given that source, the bold underlined is just your opinion.
Proud of selling out your country for a few bucks?
People that think like you are reason that governments can control the masses. You're no different then the hard left libs.
Name calling cuz you can't defend your position. Not surprised.
Lol wtf are you talking about selling out my country? CZ moved his shit to Malta to get it away from the CCP control.Proud of selling out your country for a few bucks?
No wonder we are where we are as a society
None.
agrees. Are you claiming the was wrong?
None.
Don't have a 401k. Neither does the wife.
We pick our stock and investment very selectively.
Cryptos hurt We The People in a multitude of ways and have given the central banks the cover needed to develop a new means to extort We The People under the guise of cryptos.
Even the
"I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity…."
— Donald J. Trump
Banks and the government can shutdown the platforms you trade that shit on just as easy.
being wrong.
You could not be more wrong.Banks and the government can shutdown the platforms you trade that shit on just as easy.
The mere fact that you acknowledge it can't be regulated as effectively is exactly the reason is should be outlawed and you know it. LMFAO @ the
Your greed doesn't give you the right to operate or deal in whatever you want.
We The People control the government which regulates the banks. Why do you want to scare and harm We The People?
Our government protects We The People especially since We The People created it.
My friend, you are very misinformed about how this technology works. As long as people have any means of communication - even verbal - they can exchange crypto. It is kind of like a complex messaging system - like email for example - but rather than sending messages you are sending binary that the software of a given crypto operates on.Banks and the government can shutdown the platforms you trade that shit on just as easy.
The mere fact that you acknowledge it can't be regulated as effectively is exactly the reason is should be outlawed and you know it. LMFAO @ the
Your greed doesn't give you the right to operate or deal in whatever you want.
We The People control the government which regulates the banks. Why do you want to scare and harm We The People?
Its a full troll at this point. There’s no way he has that kinda faith in then government
Obviously you haven't read the whole thread. It doesn't matter if physically it can be sent on a platform because you simply have to ban the platform from allowing that.
I've never once in this thread said I have faith in government. It's quite the opposite really and you're handing them all the tools and more power (and reason) to extort us and to take advantage of us.
The value of assets in cryptos is enough by itself.
You’ve chosen to accept as a fact that they’ll be able to squeeze the exchange platforms and they cant. You’re woefully unsupported by evidence here
So they platforms are just going to withdraw from the US economy and all of a sudden be the first platform or companies in the history of the world to be unreachable by the US government?
