I know a lot of you are anti-crypto, and that's fine, everyone is entitled to their own opinion.
I for one, support crypto and what it can do for transparency of transactions, how people can get out from under the shady control mechanism of the central banks, and simply the technology.
Of course, there are huge risks and it is still like that first shit computer Bill Gates introduced. It is still very early and many changes need to be made. Also huge risks in how it can be utilized for control and tracking, so I am well aware of the fundamental risks of it.
Crypto isn't perfect, but nothing is. And we all know about the US dollar...
I digress.
The Pipeline Hack was simply bullshit. Anyone and everyone who knows crypto knows that BTC can be tracked very very easily. Many suspect that the DS has taken control of it, which I certainly cannot doubt. But if the "hackers" demanded payment via BTC, they are idiots. And to be a hacker of that magnitude, you certainly cannot be nearly that stupid to demand payment via BTC. There are coins that are privacy-based, like Monero. They are specifically designed to not be trackable or traced.
BTC is absolutely the worst option. It makes 0 logical sense. It's literally like kidnapping someone, demanding ransom, and meeting at the police station to get your payment. Idiotic beyond belief.
I think we all knew the story was bullshit, but if you still need to convince some of the retards in your life to wake up from the MSM spell, this might be a good piece to show them about how much bullshit is in the MSM/government interests.
I think many of you already know that these stories are bullshit. Just wanted to put this out there for anyone who is reading into the falsehood.
And to those who say crypto is there for the dark world and crime, it sure is used in a terrible ways just like any other types of currency. But what it can do for the world is simply staggering, but also risky in terms of control mechanisms. The tech is here to stay, how they implement various systems is what we need to pay attention to.
Also, let's not forget who gets 1st place BY FAR for the most financing of crimes and evil.
The biggest ponzi bullshit scheme in history.
It's the US Dollar and the FED.
Bad times ahead for everyone. There is a crash looming. Please prepare.
God Bless You All.
Indeed, I do not know much, let alone value bases approaches vs assets bases approaches.
I gave my opinion based on my research. If you don't like it, that's fine.
Calling someone ignorant without evidence is total bullshit.
You would have opened the discussion further by inquiring as to the basis of my views. And we could then discuss merits.
Right, now, this is antagonistic and senseless.
Enjoy your day.
Well first i didnt call you ignorant but the evidence of what you know or dont know is literally in your post. You got so much wrong i felt bad for those reading it thinking that its an accurate breakdown. No one has to ask for the basis of view that is not based in fact whatsoever. Im sorry my response offended you but maybe next time dont state things so definitively about things you know little about, it just makes you look bad and makes others who trust you misinformed.
We van debate the merits of my position or your position.
I could even hold the position you to be totally wrong on this issue.
Just saying it is wrong , does not make it so. And without a supporting view, your opinion is just as easily dismissed.
Again, it all depends on what you want to actieve. An open discussion, or egocentrically drawing battle lines.
About ignorance. Look up the word, and compare to what you said. You may not have used the exact word, het, what you wrote fit the word. I could have used the word nescient, but that would presuppose my supposition of you operating from the premise of me willfully misrepresenting and lying.
And I am being charitable towards myself. :-)
As you are aware, fitting to a literal definition and insulting someone by calling them a name are often very different. I didnt do the latter because it wasnt my intent to insult. Its just that you clearly dont know a lot and youre stating things that are so false its alarming. When you say that stable coins are like the gold standard when they are literally tied to value of the FIAT dollar theres no “debating the merits.” So whatever “research” of yours turned that up, you need to stop using.