tell me again how you buy crypto without having to sign up to a website which you have to verify your identity with photo ID crypto
the only truly decentralized form of currency is trade of goods and services, everything else is easily controlled, taxed, or adulterated/otherwise devaluing
Same way you buy gold and silver without showing id. You can also mine it for a lower investment and risk than you'd have if you get into gold or silver mining.
so then i have a usb with internet money which i can use as a replacement for fiat or metals
seems like the only advantage is the size, if you want to smuggle a load of money then maybe thats a good ideas but for pretty much every other imaginable situation there is better options than crypto, also a hell of a lot less volatile
if you want it as an investment thats just buying in to the ponzi scheme, its only going to go up in value if more people buy in, you then would likely try and push other people to do the same so the price goes up and you make money, which is very common for ponzi schemes, they believe its a good investment too, after all they got rich from it, got in early and just waited, or maybe they buy the dips and sell the peak, they are making bank but that money is not coming from thin air, for every dollar you make someone loses a dollar
the only reasons to buy crypto are:
you want to invest in something that can make you a lot of money quickly
2)you are a millionaire and you need to flee your country with your money but for some reason cant use off shore banking but can get piles of cash to buy a usb containing crypto
3)buying illegal stuff on the internet, which can be traced back to you by determined alphabet agents and AIs
i mean, thats only if you use an exchange right? i didnt know you could just direct transfer people bitcoin with out an using some kind of exchange/system that you have to register for, im pretty sure you cant do that but it was a good idea
its not a market valued asset, a speculatively valued token, like an nft, you have no asset, you have a digital token, like an nft, which some people value and others dont
Privacy and anonymity, why don't you wanna make digital payments without the government knowing about it? hahahahahahahahahaha breaths hahahahaha are you kidding? you think they cant track your payments which leave a trail though the block chain? a asset developed by the us government is totes untraceable
as my main problem with crypto is that there is no easy way to buy and sell them without using a service which requires photo ID and pretty much all your details i think its safe to say i do, i just know that crypto is certainly not untraceable and if you buy anything online its traceable, the governments of the world have access to all kinds of tools, including compromized vpms, backdoors, deals with the people who make parks for your pc, the list is just endless,
tell me again how you buy crypto without having to sign up to a website which you have to verify your identity with photo ID crypto
the only truly decentralized form of currency is trade of goods and services, everything else is easily controlled, taxed, or adulterated/otherwise devaluing
Same way you buy gold and silver without showing id. You can also mine it for a lower investment and risk than you'd have if you get into gold or silver mining.
so then i have a usb with internet money which i can use as a replacement for fiat or metals
seems like the only advantage is the size, if you want to smuggle a load of money then maybe thats a good ideas but for pretty much every other imaginable situation there is better options than crypto, also a hell of a lot less volatile
if you want it as an investment thats just buying in to the ponzi scheme, its only going to go up in value if more people buy in, you then would likely try and push other people to do the same so the price goes up and you make money, which is very common for ponzi schemes, they believe its a good investment too, after all they got rich from it, got in early and just waited, or maybe they buy the dips and sell the peak, they are making bank but that money is not coming from thin air, for every dollar you make someone loses a dollar
the only reasons to buy crypto are:
Smuggle money, that's the only reason in your head? How about:
What kind of bubble do you live in? you never ordered anything online? you don't give a fuck about your privacy?
i mean, thats only if you use an exchange right? i didnt know you could just direct transfer people bitcoin with out an using some kind of exchange/system that you have to register for, im pretty sure you cant do that but it was a good idea
its not a market valued asset, a speculatively valued token, like an nft, you have no asset, you have a digital token, like an nft, which some people value and others dont
Privacy and anonymity, why don't you wanna make digital payments without the government knowing about it? hahahahahahahahahaha breaths hahahahaha are you kidding? you think they cant track your payments which leave a trail though the block chain? a asset developed by the us government is totes untraceable
as my main problem with crypto is that there is no easy way to buy and sell them without using a service which requires photo ID and pretty much all your details i think its safe to say i do, i just know that crypto is certainly not untraceable and if you buy anything online its traceable, the governments of the world have access to all kinds of tools, including compromized vpms, backdoors, deals with the people who make parks for your pc, the list is just endless,