Anyone with knowledge of this ?
(media.greatawakening.win)
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It's not crypto, it's sometimes how it's stored. Wallets, safes, etc can be hacked, broken into, but the currency itself, no.
This is the truth with any currency. I understand your perspective on a store of value and gold/silver backed money as I agree... Truth is, the same can be done with crypto as well. XRP is said to have the capability.
Money is a strange thing though, it's really just what the collective agrees to as a form of payment.
We need better money, for sure... But nothing is perfect and nothing is crime proof.
Crypto has a ton of potential tho. Don't discount it just yet.
I am looking forward to an asset backed crypto like XRP. I agree with you that nothing is completely fool proof. I apologize for giving the impression I was poo poo about crypto. I just think there are too many that have overinflated its worth at this point. It does have potential, true. But at this point, its value only lies in what people are willing to place in it. And as I clarified in another reply, I should have made myself more clear. The Bitcoin requires all the rest of the transaction process to make it work and Bitcoin cannot be separated from it. That is where all the problems lie. Not in the Bitcoin itself. A chain is only as strong as its weakest link.