How many people on here use bitcoin or other cryptocurrencies?
I known cryptocurrencies are something the CB is against as they want to keep fucking with the current fiat currency that's not even back by gold anymore. No matter what happens this year, I do wonder what all might change with money this year.
I like cash but now days probably prefer cards more out of convenience. I've never tried out any cryptocurrency. I always felt like if nothing can regulate it then what can stop criminals from fucking with it in bad ways.
I get the one that costs nothing, so there's nothing to lose.
As far as Bitcoin goes, I cannot trust it, because, unlike Dave (of X22-Report), I cannot be sure that it is an antidote to the Great Reset (as is commonly claimed by its adherents), or PART of the Great Reset (a theory which has some merit).
I just know that Trump said he didn't like it.
Money is only good if people believe it has value. Cryptocurrencies have no inherent value. They take value out of the system (the energy required to mine them) but they have no value of themselves. You can't use a Bitcoin to make something else e.g. Having said that, they are fantastic for portability, verification of whatever value it has, etc.
I think after the Great Awakening we will use an unlimited cryptocurrency (like doge) that is backed by precious metals. Say each silvercoin is directly tied to 1oz of silver. You can, if you choose, go to an exchange bank and buy 1oz silver for 1 silvercoin or vise versa at any time. This creates a stable, unhackable, infinitely portable currency with intrinsic value.
I won't pretend to be an expert in cryptos, but I know enough to know that it's mainly Bitcoin that doesn't have much inherent value. Most of the other cryptos have some kind of utility purpose. In the end though, it's all fiat and that's where I'd be cautious about it.
What can you use crypto to build? What use do they have other than as an intermediary for barter?
EOS is attempting to provide a network where one can convert between 'in-game' currency and real world currency. I can see that as an intermediary for barter. Doesn't it also provide a utility though? There's The Graph which indexes data from various crypto networks.
I guess utility is the term used in the cryptospace to talk about what the coins/tokens can do other than be a store of value, as such, crytpos can't 'build' anything more than the dollar can.