The part of crypto people fail to confront is the real possibility of a backdoor or master key that can over ride accounts. Think Apple and the iphones they refused to unlock with the San Bernardino shooters, they could have done it, but they wouldn't, -- key phrase they could have. If anyone has done any kind of linux or system engineering, there is ALWAYS a way to circumvent security, we have all done it for ourselves when testing things to ensure we do not get locked out or leave an easy way to get in to something later on. Just because one wants to believe it is secure, doesn't make it secure in reality.
The banks are all tied together via the same system, trading is tied together trough the same networks. The IRS could empty your bank account before you finish blinking. Of course, the cabal is behind crypto, it is simply another scheme to let people feel secure about something prior to the hammer coming down. An additional thought is quantum computing, why wouldn't the cabal have access to that kind of technology, especially when they are financing it? To borrow a line from Contact, "why build one when you can have two at twice the price?" Quantum computation could walk through the crypto like it wasn't even there, especially if you had something similar to a Beowulf cluster.
The other part of this crypto fans again ignore is that crypto is being pushed by NWO cabal puppets, does anyone really believe the people that want to rule over you, enslave you further, remove 95% of the world's population want you in any way to have easy access and a method to secure money? These people look at money as something they are letting you use, but in reality they know it belongs to them. Don't forget these are the same bastards who started fractional lending while being goldsmiths.
Yup, called a 51% attack and Bitmain has the capability, because it supplies majority of hash rate. Bitmain/China produce the majority of miners on the market.
does anyone really believe the people that want to rule over you, enslave you further, remove 95% of the world's population want you in any way to have easy access and a method to secure money? "
I'm still looking for a good explanation for why the SEC is going so hard after XRP. I know for a fact that international banks are heavily invested in Ripple. I have yet to hear a sound reason for this seeming inconsistency.
You sound like a massive shill. You made a fuckload of absolute claims and did nothing to back them up. Standard shill behavior. You don't even understand the basic concepts of blockchain, that's clear. Lol so crypto blockchains all have "backdoors" because linux uses sudo to circumvent operating under root? That's your evidence?
"NWO cabal puppets" are pushing crypto? Are you talking about Jack Dorsey? The guy being laughed out of town every time he tries to announce a new crypto venture? Who are you talking about?
I'm sorry, but you're totally wrong about a "backdoor or master key" to the blockchain. I suggest you familiarize yourself with how it works.
The IRS and hackers can not touch your crypto if you keep it off exchanges and in cold hard storage.
Crypto is only being pushed by NWO because they want a centralized crypto--like what they allow in China--which is evil and is the antithesis of decentralized crypto which is meant to circumvent the banks, middlemen, and governments and give financial independence back into the hands of the people. No one can control decentralized crypto. I recommend this video if you want to find out more: https://www.bitchute.com/video/jUQ8XJzsmLf7/
Have you looked at Civil Forfeiture laws?
Would you rather travel with a million dollars worth of silver, fiat currency, or crypto?
At least I can scatter and disguise a key and password well enough that the feds can't seize my crypto wallet.
Until they seize your device and now it is like a pirates buried gold. Nobody has the wealth and they torture you until you tell them how to get it or you die.
Did you know blockchain wallets can exist on a post-it note with 24 random words that you can also generate yourself on paper? Those words become the key to your wallet.
Yes, you need internet and electricity to work on the blockchain. OK? You need a refinery to make silver. Everything requires some form of energy or device in order to be created. How commonplace that form of energy or device becomes will dictate how successful you are at creating it.
I'd. I like gold. I like silver. But I've made far more holding crypto than everything else combined. I mined my first bitcoin in 2008 using dual ATI x1600 pro GPUs. I've watched it from the beginning. I've consumed all the hate and all the love for it. The only thing that ever mattered to me was results. And by god did I get results.
Oh, as an investment in a world with internet, I can understand crypto being the gold coin of the digital world. Gold/ silver are already mine and processed at this point. If I want a silver coin in a world without internet and electricity I can trade blacksmith work for it. I can trade home grown potatoes for it. I guess I'm a bit of a doomer. As far as investments...DWAC at $14 a share was good enough for me. So was SBUX at $6.
If they know you have wealth and you don't turn it over it doesn't matter if it is physical or crypto, they'll treat you the same. I agree that crypto is safer from theft, but you're relying on a lot of technology remaining available to use it.
What if your “device” is just random words in a notebook that only you have the cipher for? You also you have 10 backup copies in various locations so even if they stole you notebook for some random reason they still have nothing.
That's right. Crypto is a solution in search of a problem.
.........and it’s gone.
The part of crypto people fail to confront is the real possibility of a backdoor or master key that can over ride accounts. Think Apple and the iphones they refused to unlock with the San Bernardino shooters, they could have done it, but they wouldn't, -- key phrase they could have. If anyone has done any kind of linux or system engineering, there is ALWAYS a way to circumvent security, we have all done it for ourselves when testing things to ensure we do not get locked out or leave an easy way to get in to something later on. Just because one wants to believe it is secure, doesn't make it secure in reality.
The banks are all tied together via the same system, trading is tied together trough the same networks. The IRS could empty your bank account before you finish blinking. Of course, the cabal is behind crypto, it is simply another scheme to let people feel secure about something prior to the hammer coming down. An additional thought is quantum computing, why wouldn't the cabal have access to that kind of technology, especially when they are financing it? To borrow a line from Contact, "why build one when you can have two at twice the price?" Quantum computation could walk through the crypto like it wasn't even there, especially if you had something similar to a Beowulf cluster.
The other part of this crypto fans again ignore is that crypto is being pushed by NWO cabal puppets, does anyone really believe the people that want to rule over you, enslave you further, remove 95% of the world's population want you in any way to have easy access and a method to secure money? These people look at money as something they are letting you use, but in reality they know it belongs to them. Don't forget these are the same bastards who started fractional lending while being goldsmiths.
Yup, called a 51% attack and Bitmain has the capability, because it supplies majority of hash rate. Bitmain/China produce the majority of miners on the market.
Outstanding comment. I agree on most of it.
I'm still looking for a good explanation for why the SEC is going so hard after XRP. I know for a fact that international banks are heavily invested in Ripple. I have yet to hear a sound reason for this seeming inconsistency.
45 years in tech and I agree. Can you explain that to my 27 yo mechanical engineer son?
You sound like a massive shill. You made a fuckload of absolute claims and did nothing to back them up. Standard shill behavior. You don't even understand the basic concepts of blockchain, that's clear. Lol so crypto blockchains all have "backdoors" because linux uses sudo to circumvent operating under root? That's your evidence? "NWO cabal puppets" are pushing crypto? Are you talking about Jack Dorsey? The guy being laughed out of town every time he tries to announce a new crypto venture? Who are you talking about?
How stupid do you think we are?
I'm sorry, but you're totally wrong about a "backdoor or master key" to the blockchain. I suggest you familiarize yourself with how it works.
The IRS and hackers can not touch your crypto if you keep it off exchanges and in cold hard storage.
Crypto is only being pushed by NWO because they want a centralized crypto--like what they allow in China--which is evil and is the antithesis of decentralized crypto which is meant to circumvent the banks, middlemen, and governments and give financial independence back into the hands of the people. No one can control decentralized crypto. I recommend this video if you want to find out more: https://www.bitchute.com/video/jUQ8XJzsmLf7/
Have you looked at Civil Forfeiture laws? Would you rather travel with a million dollars worth of silver, fiat currency, or crypto? At least I can scatter and disguise a key and password well enough that the feds can't seize my crypto wallet.
Until they seize your device and now it is like a pirates buried gold. Nobody has the wealth and they torture you until you tell them how to get it or you die.
Did you know blockchain wallets can exist on a post-it note with 24 random words that you can also generate yourself on paper? Those words become the key to your wallet.
Yes, you need internet and electricity to work on the blockchain. OK? You need a refinery to make silver. Everything requires some form of energy or device in order to be created. How commonplace that form of energy or device becomes will dictate how successful you are at creating it.
I'd. I like gold. I like silver. But I've made far more holding crypto than everything else combined. I mined my first bitcoin in 2008 using dual ATI x1600 pro GPUs. I've watched it from the beginning. I've consumed all the hate and all the love for it. The only thing that ever mattered to me was results. And by god did I get results.
Oh, as an investment in a world with internet, I can understand crypto being the gold coin of the digital world. Gold/ silver are already mine and processed at this point. If I want a silver coin in a world without internet and electricity I can trade blacksmith work for it. I can trade home grown potatoes for it. I guess I'm a bit of a doomer. As far as investments...DWAC at $14 a share was good enough for me. So was SBUX at $6.
I don't think you understand how crypto wallets work.
You have to enter your password to use it. If you close it or it times out, it's no good to anyone.
You can uninstall it and access your wallet at a later date as the wallets still exist without the client.
You can have multiple wallets.
If you believe you will be tortured you can create one with little or no money in it to surrender.
If they seize your device assume that device is compromised and go get a new one.
Or you could just go bury your physical money or currency in your back yard. I'm sure nothing bad will happen to you or it...
If they know you have wealth and you don't turn it over it doesn't matter if it is physical or crypto, they'll treat you the same. I agree that crypto is safer from theft, but you're relying on a lot of technology remaining available to use it.
Hacks/keyloggers...
What if your “device” is just random words in a notebook that only you have the cipher for? You also you have 10 backup copies in various locations so even if they stole you notebook for some random reason they still have nothing.