What do you think happens when paper money or gold and silver are replaced with electronic central bank controlled currencies? What do you think happens to your privacy, or your capability of financing or purchasing what you want?
I cant believe people are so stupid they believe that a digital currency, in the age of tech tyranny, is actually a good idea.
We need a shift AWAY from electronics that are ALWAYS controlled by a small group of people.
Take for instance India. Bitcoin and other private cryptos will be made illegal, meanwhile government central bank issued cryptocurrency is being developed. What does that sound like to you? Sound like a good proposition?
Wake up people. We need to scrap fiat currency and return to gold and silver. Dont listen to the shills saying crypto is the way of the future. It is not. It is the way to enslavement.
Furthermore, the SHA256 algorithm upon which Bitcoin and most cryptos are based, was created by the NSA. Therefore the NSA would be the only organization in the world to have the backdoor to everyones wallets. Until central banks get involved.
The solution is not magic internet money. It is abolishing central banks, and furthermore, returning to sound currency based on precious metals, that are untraceable and provide us with freedom, security and privacy.
Please crypto people, stop selling yourself a utopian dream.
Currencies used by the criminals, on large scale.
Soros is paying Navalvy in Bitcoin after Russia found Navalny's MULTI MILLION $$$ account in Swiss banks, For a man who never worked a day in his life. So, Bitcoin to feed the deeds now. As one example.
And all the child trafficking now will also switch to digital currency as well, for same reasons. All drug deals are mostly same, for a while. ALWAYS FOLLOW THE MONEY.
RE: "... Better to say it is used by people who do not want the government to be able to track and control their actions. "
Isn't that what I pointed out?
Crypto is traceable. Tbey are not using it for major crime. The USD is