Dumb ass boomer post of someone that doesn't understand the tech.

I'm not saying ALL crypto is good. And NONE of the ones issued by the central banks / government are. But taking the creation of currency out of the governments / central banks hands is HUGE. THEY DO NOT WANT THAT.

The six characteristics of money are durability, portability, acceptability, limited supply, divisibility and uniformity. Bitcoin > USD or Gold in every one of those categories.

Crypto is far better than the cash you have in your pocket right now. Inflation has been over 5% EVERY MONTH since Biden took office. Because our dollar isn't backed by shit. They are printing more and more every day. There is a FINITE amount of Bitcoin (kinda like gold). The same can't be said for your USD.

Unlike gold you can send millions in BTC to the other side of the world in a couple of min for pennies securely without anyone else involved besides the sender and receiver.

As far as NFTs I doubt this guy could tell me what they are. He prob thinks they are just art which would be embarrassingly wrong. That's just one use case of the tech.

An NFT is just a digital proof of ownership that can be transferred. All your digital movies, music, games, and more that you think you own that are attached to Apple, Google, Xbox, Playstation that you "own" right now you don't really own. You can't sell them, trade them, loan them to friends and your acess to them can be cut off at anytime. NFT's fix that.

Soon the app & media store for your phone will be decentralized using NFTs instead of proprietary marketplaces. That means Apple / google won't be taking 40% - 60% of sales in fees or censoring what apps / media you can buy.

Also the new stock market will be stocks tied to NFTs instead of the corrupt system in place now. This fixes all naked shorting, FTDs, synthetic shares and other types of repent fraud without the need for government. It also make each trade cost PENNIES and cuts out brokers while giving you Bloomberg terminal level information.

Crypto based smart contracts can eliminate the need for ALOT of government and lawyers.

Quit shaking your fist at things you don't understand. Crypto will be a great tool of freedom as long as the government and central banks aren't involved.

They're terrified of cryptocurrency. They claim it funds terrorism. They're coming after people using crypto to help truckers.