Just want to point out that this is one of the main reasons why crypto is a financial lifeline. I'm not talking about exchanging fiat dollars on a KYC exchange where they can also seize/freeze your account, but if you hold it in your own offline wallet, there is nothing anyone can do to restrict your spending in any way.
You can also take it a step further and use privacy coins like Monero, which can't be tracked at all because all transaction details are encrypted at the protocol level.
Except I don’t want it. I want food, shelter and water, medicine and bullets and the occasional whore. She doesn’t take monero but she’ll take a free night in my shelter where it’s warm.
;). That’s my problem with crypto (and yes I have some I won’t lie I’ve been crypto mining for years). The problem is always going to be finding someone to offload it too for something else.
Perhaps, but if you find a solid source of some commodity that you can buy with crypto, you can go into business selling that commodity for whatever is being used as a common medium of exchange, if its not cash.
I want food, shelter and water, medicine and bullets and the occasional whore. She doesn’t take monero but she’ll take a free night in my shelter where it’s warm.
Just want to point out that this is one of the main reasons why crypto is a financial lifeline. I'm not talking about exchanging fiat dollars on a KYC exchange where they can also seize/freeze your account, but if you hold it in your own offline wallet, there is nothing anyone can do to restrict your spending in any way.
You can also take it a step further and use privacy coins like Monero, which can't be tracked at all because all transaction details are encrypted at the protocol level.
Except I don’t want it. I want food, shelter and water, medicine and bullets and the occasional whore. She doesn’t take monero but she’ll take a free night in my shelter where it’s warm.
;). That’s my problem with crypto (and yes I have some I won’t lie I’ve been crypto mining for years). The problem is always going to be finding someone to offload it too for something else.
Perhaps, but if you find a solid source of some commodity that you can buy with crypto, you can go into business selling that commodity for whatever is being used as a common medium of exchange, if its not cash.
Dang.
Brutal honesty.