Right now, we exchange USD for crypto. What if the currency collapses? How would you buy? Can’t spend USDs… so what do you do? Gotta eat!
The only way it could work (a transition) is to allocate bitcoin to everyone… if you have it and we don’t! We need something to trade with … to exchange. Hey I’m not giving up my land or house for it! So what funds this transit? A fair estimate of global assets held by and controlled by… all the folks that met in Davos last week! Safe estimate that’s about 3-4 hundred trillion!!
They think they alone run the world (their own proclamation). No problem, Yea, we get that. But sorry, we’re taking it back to fund a much better model. We’ve now seen yours and it sucks. Seriously sucks!
Trump put the legal framework in place to seize it all before he left. So no worries about survival… there really is plenty for all to build a much better place than what these deranged folks ARE doing.
Precipice? Views aren’t bad at all. The criminal mind isn’t the architect nor the artist of the view on the other side. Excited yet?
Exchanges get hacked all the time. That doesnt help your case. But wallets are hacked just as easily as a credit is. Email phishing scams or phone calls, the most basic of scams.
But outside of that bs, physical wallets can be "hacked": https://www.reddit.com/r/hacking/comments/sd3k01/how_i_hacked_a_hardware_crypto_wallet_and/
https://www.theverge.com/2022/1/24/22898712/crypto-hardware-wallet-hacking-lost-bitcoin-ethereum-nft
Also random coins and nft's are covering smart contracts that can clean you out. Look into "smart contracts".
Lots of ways to do it. You must not understand it very well if youre never heard of any of these. There are countless others.
But phishing for seed phrase or private key
Physical wallets can be broken into
Smart contracts.
Just to name a few.
EVERYTHING is hackable. Every physical wallet has a flaw that can be exploited. We'll see more and more of these stories.
But nice diversion attempt. I gave you numerous examples and you dwell on a reddit link. A forum that probably knows more about crypto than any other group on the planet. But ok, keep diverting. You know im right.
Yep, so what is the benefit of your phony digital currency?