I read through your post, and you have a lot of good questions. However, I would make a distinction between digital currency in general, cryptocurrency in general, and Bitcoin. Digital currency can be controlled by pressing the "print more currency button". Cryptocurrency generally has a controlled supply (yes, some coins are infinite, but the process is governed by an algorithm, not by a "print more currency button"). Bitcoin itself has a limited supply (approximately 21 million coins) and the only way to "control" it is to command over 50% of the blockchain verification system.
Again, not trying to refute anything you've said, I just want to make those distinctions.
Yes, my instinct is the same as yours on crypto. It's much too centralising in practice. It gives asymmetric power to the governments with their data aggregation and their supercomputers.
If the cabal hated it, they would discourage it much more than they do. They're up to something and it's going to involve a world currency and social credit.
Maybe it will lead to something unintended and really good.
I think it’s important to note that these currencies originated from individuals or groups of “hackers” meaning people who like to play with computers. Of course, with anything that has a stream of money changing hands, wise people will try to inject themselves into the stream. So, yes, I’m sure there are bad actors and selfish people and 1%ers involved at this point. But there are also those that believe in the idea behind having decentralized currency outside of any govt control.
I read through your post, and you have a lot of good questions. However, I would make a distinction between digital currency in general, cryptocurrency in general, and Bitcoin. Digital currency can be controlled by pressing the "print more currency button". Cryptocurrency generally has a controlled supply (yes, some coins are infinite, but the process is governed by an algorithm, not by a "print more currency button"). Bitcoin itself has a limited supply (approximately 21 million coins) and the only way to "control" it is to command over 50% of the blockchain verification system.
Again, not trying to refute anything you've said, I just want to make those distinctions.
Yes, my instinct is the same as yours on crypto. It's much too centralising in practice. It gives asymmetric power to the governments with their data aggregation and their supercomputers.
If the cabal hated it, they would discourage it much more than they do. They're up to something and it's going to involve a world currency and social credit.
Maybe it will lead to something unintended and really good.
I think it’s important to note that these currencies originated from individuals or groups of “hackers” meaning people who like to play with computers. Of course, with anything that has a stream of money changing hands, wise people will try to inject themselves into the stream. So, yes, I’m sure there are bad actors and selfish people and 1%ers involved at this point. But there are also those that believe in the idea behind having decentralized currency outside of any govt control.
Thanks for this post and all of the comments... I'm trying to make sense of the digital currency world and this is very helpful.