The Truth About Cryptocurrencies: A Clearheaded Guide to the Crypto World
(www.expensivity.com)
You're viewing a single comment thread. View all comments, or full comment thread.
Comments (117)
sorted by:
Thousands is more than one alright? Mining is similar to owning a bank and all of it's infrastructure. As for control, all you really need is a wallet, and anyone can have a wallet. There's millions of active wallets, every user has their own wallet.
A wallet means:
What makes a bank account better in your world? a leftist holding your hand while you pay? who then can stop your payment, confiscate your funds and fuck around in other ways?
I never said a bank was better, why do you keep pushing that? I said physical. The difference is I own it, it's in my hands. That's the difference between owning a deed to land (in my hands) and the bank owning a deed to land that I'm paying them 30 years for. Man, it's getting shilly in here🥶🥶
Because it's the only alternative for digital payments :-)
You can't really compare digital and physical payments, they both have their specific usage areas. Don't tell me that you're paying your electric bills, your internet/tv/phone subscription with cash or by a mailed invoice (which is still digital via your bank).
I can see you go down to your local big box store and pay them with cash, maybe you have some local farmers market nearby that let's you pay with gold/silver coins. But utilities, no way that you're paying them in cash or gold.