RED ALERT! The Fed Just Asked for OUR Feedback on a Central Bank Digital Currency (CBDC). TELL THEM NOOO!!!!!!
(www.youtube.com)
👀 EYES ON! 👀
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Crypto is secure dude. Bitcoin has never had a fraudulent transaction or exploit in its 13 year history.
This is because it
uses Functional Programming that takes away many of the bugs and vulnerabilities cause by regular software using Object-Oriented Programming
is built on a decentralized blockchain where independent actors are always checking each others ledger.
Cardano has a plan for a method of spending crypto without internet access. People will find a way to generate electricity if needed.
It is secure and the burden of proof is on you to find where its not secure. There is a public block chain available that anyone can audit and it is audited every time a new block of transactions is made.
And our current system isn't?!
So are you going to shave off a few ounces of gold everytime you buy groceries? I can calculate prices with crypto back 8 decimal places, makes much more sense to use.
At that point we would be in Mad Max world and shooting each other for resources. I'm pretty certain it won't get to that point because almost all people born in the last few generations are too pussy to even have a fist fight. People will agree upon rules of trade that doesn't involve 10+ min of shaving gold but also doesn't involve shooting each other.