Seems like you are making the mistake of lumping all cryptos together. Ever heard of Monero?
Yeah, bitcoin is fully traceable. That's crypto 101. It was meant to be that way so that no one can cheat the system. All bitcoin in circulation can be tracked and accounted for so that we know at any given time how much there is. No bank can come in and just start printing themselves more bitcoin.
I'm with you as far as central bank digital currencies being a bad thing. But they are way behind schedule and the genie is out of the bottle for decentralized tech. So much is possible now without any need for third party services or custodians.
See, I don't believe in running away from technology. I believe its a double edged sword and we better get on the ball and use it to our advantage before the cabal uses it to enslave us.
Many people don't know that in the beginning Bitcoin was meant to liberate the world from central banks. The title of the white paper is "A peer-to-peer electronic cash system". There is no central authority and no one that can shut it down or seize or freeze anyone's accounts. No one can stop you from sending any amount, to anyone, anywhere in the world, anytime, and essentially for free.
Bitcoin was changed in august 2017 following a hostile corporate takeover and ever since then is when the institutions started pouring in because that original dream was stifled/killed.
Seems like you are making the mistake of lumping all cryptos together. Ever heard of Monero?
Yeah, bitcoin is fully traceable. That's crypto 101. It was meant to be that way so that no one can cheat the system. All bitcoin in circulation can be tracked and accounted for so that we know at any given time how much there is. No bank can come in and just start printing themselves more bitcoin.
I'm with you as far as central bank digital currencies being a bad thing. But they are way behind schedule and the genie is out of the bottle for decentralized tech. So much is possible now without any need for third party services or custodians.
See, I don't believe in running away from technology. I believe its a double edged sword and we better get on the ball and use it to our advantage before the cabal uses it to enslave us.
Many people don't know that in the beginning Bitcoin was meant to liberate the world from central banks. The title of the white paper is "A peer-to-peer electronic cash system". There is no central authority and no one that can shut it down or seize or freeze anyone's accounts. No one can stop you from sending any amount, to anyone, anywhere in the world, anytime, and essentially for free.
Bitcoin was changed in august 2017 following a hostile corporate takeover and ever since then is when the institutions started pouring in because that original dream was stifled/killed.