Jovans Telegram post
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This is why Crypto is so important
Absolutely this. Yes ^^^
Ok dude ... I’m on board, and I agree, in theory ... competing currencies and all that, bankerless world ... I see it.
Here is my problem, the bubble of all things is about to pop, and it actually lines up perfectly with Q. In fact, part of me thinks we are waiting for economy to tank to get closer to precipice. But Crypto only derives value from fiat. If Fiat “crashes”, and there is a stock market tank ... is everyone going to rush into crypto ?? They should, but I feel like it’s going to be opposite ... I am trying to find ways to preserve capital for when this pops, and the options are small.
Cryptos value derives of 3 things.
Personally, I've wanted to wade into crypto, but I found the instructions for setting up a secure wallet to be (a) extremely inconvenient, and (b) intimidating, in that if I were to make a mistake, I'd potentially lose everything in my wallet.
Maybe you're just a lot smarter than me, or maybe you just know a better way to set up a wallet. If you can point me to a "super easy"(but secure) way to set up a wallet, I'd be willing to give it a try, and I would be grateful to you. Maybe some other anons reading this would be as well. Thanks for your time.
You should get a hardware wallet. I'm using a Ledger Nano X. The setup instructions are pretty straight forward, especially for a PC. Though the only issue I had was setting up the app on the phone since it took me a second to realize the wallet I use isn't BlueTooth enabled (so I had to purchase a separate cable to connect it.)
There are other good options out there. With a hardware wallet, as long as you write down your pass phrase somewhere then you'll always be able to recover your assets.
To acquire crypto, you either mine it using a computer rig, or you can buy it from a trading platform like Coinbase, Binance, Kraken, Coinify, etc.
Not only is crypto's value derived from fiat currency - it is dependent upon electricity. There's a reason why the cabal and the Bible are so concerned with gold.
Crypto is another tool for oppression.
It's not even necessarily based on electricity, more so computation and number theory. And let's face it, social marketing.
How much electricity a coin consumes depends on the design of the coin. Most of the more recent ones try to make it so that you just can't use a large dam in china to mine a lot of coin. They minimize the energy arbitrage aspet.
NANO is the future!
It's that a type of crypto? And why is it the future?
Zero fees, instant transactions, and very accessible. You can send any amount of NANO from your wallet to your friends wallet across the country literally within seconds, and it cost nothing.
If they get control of crypto they will do the same thing. Crypto is not a panacea. Simply another was to move us from tangibles to things with no real value.
Only way for them to control every Cryptocurrency is to seize every computer all around the world.
There has to be a main server that tracks every transaction for every crypto currency. They already have people who are embezzling crypto. Crypto is not any more secure than anything else online. Also taking down the whole internet, like they keep taking about, eliminates your ability to make electronic transactions.
In order to manipulate a transaction, you need to manipulate every single node on the Blockchain to accept that transaction. You can't really do that since it's so heavily encrypted. And you'll have to decrypt every single node on the Blockchain for that one transaction. Any deviation will make that alteration null.