I agree and it's going to be either that or some other physical thing, not imaginary "crypto" . That crypto crap can be used to help facilitate some convenience, but I think many would want to have a hard asset when dealing with real transactions (like buying a house or something really important).
crypto is no more imaginary than the trust instilled by people on the value of Gold.
There is BTC (Bitcoin), and there is all other Crypto -- Bitcoin is the only decentralized crypto out there, at scale of adoption, a secure network and thousands of independent nodes keeping the network alive.
Gold and Bitcoin can go hand in hand, it's a store of wealth/value.
It's way harder to transact with Gold in comparison to Gold -- (e.g. try buying your house with Gold bars).
How bout a secure, gold backed crypto? Hmmm
I prefer gold and silver in hand without a middle man who could arbitrarily freeze my accounts for wrong-think. Take the precious metals pill.
I agree and it's going to be either that or some other physical thing, not imaginary "crypto" . That crypto crap can be used to help facilitate some convenience, but I think many would want to have a hard asset when dealing with real transactions (like buying a house or something really important).
crypto is no more imaginary than the trust instilled by people on the value of Gold.
There is BTC (Bitcoin), and there is all other Crypto -- Bitcoin is the only decentralized crypto out there, at scale of adoption, a secure network and thousands of independent nodes keeping the network alive.
Gold and Bitcoin can go hand in hand, it's a store of wealth/value.
It's way harder to transact with Gold in comparison to Gold -- (e.g. try buying your house with Gold bars).
Gold exists and has uses. Crypto does not and is only as useful as you described.
Fuck crypto, biggest racket to ever exist. Good luck using it if shit does hit the fan and nobody has access to power, let alone Internet access.