Canada Has By Vote, Become Officially Communist.
BREAKING NEWS
At a vote of 185 to 151, the DemoLibs of Canada have successfully made their PM TruDope a Communist Dictator by agreeing to formally vote in his “Emergency Powers”! God bless the Conservative people of Canada, and have no mercy on the Communists that have allowed Tyranny to overthrow their country. Stand tall America. Russia, Brazil, a handful of other countries, and we are all that stand against the World Economic Forum. And We Will Win.
Everyone keeps saying this but it's worthless if the internet is cut off.
Crypto runs off of Nodes. Currently, these nodes run off of the internet. Though, Nodes can communicate via LoRA. Also, look at helium. And what do you think internet 3.0 will be? A bunch of nodes… The real question is what happens if power goes out? And as explained below, if that ever happens, wtf would you need crypto or any other consumer asset for at that point.
What's the difference between Crypto and Fiat money in the event of societal collapse? One can be used for toilet paper.
Hard assets are always best assets.
You can store your keys using a hardware wallet and can transact peer to peer offline (though VERY complicated) so there’s some hard assets for ya, although, if you asked me if I rather have precious metals over crypto, I’d obviously take the precious metals
One is a worthless piece of paper with no actual value and one is a worthless piece of data with no actual value. One exists physically one doesn't. They are only worth the value they are perceived as having. It's only "valuble" because we see it as such and put value in it. I think crypto and nfts are sort of a scam they can easily pull the rug on and cash out and won't work without internet and social credit systems they're trying to implement will make it a nightmare. Not trying to even doom here I am just good at picking up on scams. I don't even like fiat and am aware of the flaws of a precious metals system. We should do a little trolling and just use diamonds since the scarcity is artificial anyway. Also they have practical application, are small, and easy to store.
The internet never goes down. You can always set up local networks. Look to the Arab Spring for how this is done.
Truth Social won’t be cut off. Think StarLink!
Can you still download TS without the internet though?
Think Starlink.
They only win by our consent. What happens to them if there is a nationwide truckers strike in the US and Canada that spreads beyond the truckers
Great Firewall of China -- Chinese citizens still found a way to offload their money onto the decentralized exchanges.
You can either go slow, and pull out a daily limit each day or more than 3-5k it needs to be set as an appointment.
I believe there has been a slow bank run, but most don't believe they can be targeted.
Take it our of their centralized and easy to find buildings and put it into their digitized wallets? i fail to see how crypto, which you had better believe was their idea, is going to help anything. These methods have been shown repeatedly to be hack-able, which is the big dumb because a major selling point was that it could not be. On the flip, many of those making their own have been shown to be more interested in themselves making money. I just read about two different people creating "coin" and then wrecking their own system to steal from those that put in. IT IS A PONZI SCHEME!!!!! Worse still, you will have access to nothing if the power goes out. Sure, you could bring up your wallet but how would you transfer to an institution without power to exchange for goods? If the power is real down and the internet with it then how would you even bother to access? They are currently in the phase of consolidation, they do not need their thousands of arms anymore and believe they can operate as a tight knit group. They ARE going to pull this rug. How funny that they had been trying to go cashless for years and then some rando makes bitcoin? You are trading REAL, granted still fiat, for digital fiat.
Little c for canada it is no longer a country. Big C for that Cunt Turd-O.
I just took most of my money out of my bank, in canada. I've been investing in fruit trees gardens and animals. Living things multiply more than unloving things and provide the best return on investment