The tech will live on and be used world-wide, with most the population not even knowing it.
Ah yes this sounds totally benevolent and good for freedom!
And the only thing you keep holding on to is it being used by criminals, which your precious dollar funds majority of it around the world
Yes i agree but paper money has a trail you can follow. Sometimes it can be covered up but with crypto sure you can trace transactions back to the wallet but who owns the wallet 🤷♂️
Ah yes this sounds totally benevolent and good for freedom!
Wow, you're really digging into ignorance with this statement.
Please enlighten the rest of us and tell us every aspect about the SWIFT banking system and what makes it all run, how every software and coding line works to make the interwebs function...you see where I'm going with this?
Yes i agree but paper money has a trail you can follow. Sometimes it can be covered up but with crypto sure you can trace transactions back to the wallet but who owns the wallet 🤷♂️
And this is exactly how blockchain technology works. There is technology to both cover your personal privacy while transacting, and also parts of the tech that can make it transparent when needed, aka gov't currency spending (i'm not referring CBDCs here)
Not me! Im talking about all crypto.
Everyone who's misinformed on crypto/blockchain ALWAYS uses bitcoin as the patsy...you weren't fooling anyone.
Please enlighten the rest of us and tell us every aspect about the SWIFT banking system and what makes it all run
Why should i be the one to explain it? Youre the one who says its going to be used by every american wether they know it or not. To me that sounds like it could be malevolent in nature.
There is technology to both cover your personal privacy while transacting, and also parts of the tech that can make it transparent when needed
In other words they control when transactions are private and public. Who controls that decision?
Everyone who's misinformed on crypto/blockchain ALWAYS uses bitcoin as the patsy...you weren't fooling anyone.
Im not trying to "fool anyone". I said bitcoin because its the most widely known, im sorry i just assumed your pronoun... i mean crypto coin. You think im some leftist shill? Im just a skeptical young conservative, your insults are misplaced.
Why should i be the one to explain it? Youre the one who says its going to be used by every american wether they know it or not. To me that sounds like it could be malevolent in nature.
Because you make it sound like you know everything, and I mean that in a nice manner. My point, it's going to be a transition that will be easy, without disrupting your everyday person and how they transact. In a nutshell, it'll happen just as they swipe their credit/debit card, and nothing more...unless you are a tech person and want to understand it more.
In other words they control when transactions are private and public. Who controls that decision?
There are immutable smart contracts, oracle services, and co-chains that can be used to implement all of this. They would be public knowledge in how they were done for transparency, but would also be unchangeable after they settle. This also takes away a 3rd person being in control as it'll all be automated. These contracts and services are audited, and can even be thoroughly audited by, lets say the new FED body if you will. There much more to the blockchain technology than most even know about who's not really involved.
Im not trying to "fool anyone". I said bitcoin because its the most widely known, im sorry i just assumed your pronoun... i mean crypto coin. You think im some leftist shill? Im just a skeptical young conservative, your insults are misplaced.
You missed my point, and sorry for being brash with my statement. You don't know much about the blockchain technology, and that's why I said what I did.
Its fine if you don't, but don't spread the same talking points around, claiming it a scam and only criminals use it, if you don't understand it.
Because you make it sound like you know everything, and I mean that in a nice manner. My point, it's going to be a transition that will be easy, without disrupting your everyday person and how they transact.
Not sayin i know everything at all thats why im asking questions. I dont really care how seamless the transition would be. Forcing a population to do anything without them knowing is gonna be a recipe for disaster.
This also takes away a 3rd person being in control as it'll all be automated.
Bullshit. Someone programs the algorithm. Nothing in cyberspace happens without a human initiating something.
These contracts and services are audited, and can even be thoroughly audited by, lets say the new FED body if you will.
So why arent there widespread public audits and arrests of people through their crypto wallets? Because the crimes are happening en masse. Ive personally seen scammer transactions that add up to $30,000+ and NOTHING is done about it.
Its fine if you don't, but don't spread the same talking points around, claiming it a scam and only criminals use it, if you don't understand it.
I diddnt say "only criminals use it" i said it started as a way for people to anonymously purchase illicit things. Maybe not verbatim but you get my point. So criminals are a huge userbase for crypto. Yes i admit im not an expert on blockchain stuff but every time someone tries to explain crypto to me it genuinely sounds like theyre trying to get me to join a pyramid scheme.
Ah yes this sounds totally benevolent and good for freedom!
Yes i agree but paper money has a trail you can follow. Sometimes it can be covered up but with crypto sure you can trace transactions back to the wallet but who owns the wallet 🤷♂️
Not me! Im talking about all crypto.
Wow, you're really digging into ignorance with this statement.
Please enlighten the rest of us and tell us every aspect about the SWIFT banking system and what makes it all run, how every software and coding line works to make the interwebs function...you see where I'm going with this?
And this is exactly how blockchain technology works. There is technology to both cover your personal privacy while transacting, and also parts of the tech that can make it transparent when needed, aka gov't currency spending (i'm not referring CBDCs here)
Everyone who's misinformed on crypto/blockchain ALWAYS uses bitcoin as the patsy...you weren't fooling anyone.
Why should i be the one to explain it? Youre the one who says its going to be used by every american wether they know it or not. To me that sounds like it could be malevolent in nature.
In other words they control when transactions are private and public. Who controls that decision?
Im not trying to "fool anyone". I said bitcoin because its the most widely known, im sorry i just assumed your pronoun... i mean crypto coin. You think im some leftist shill? Im just a skeptical young conservative, your insults are misplaced.
Because you make it sound like you know everything, and I mean that in a nice manner. My point, it's going to be a transition that will be easy, without disrupting your everyday person and how they transact. In a nutshell, it'll happen just as they swipe their credit/debit card, and nothing more...unless you are a tech person and want to understand it more.
There are immutable smart contracts, oracle services, and co-chains that can be used to implement all of this. They would be public knowledge in how they were done for transparency, but would also be unchangeable after they settle. This also takes away a 3rd person being in control as it'll all be automated. These contracts and services are audited, and can even be thoroughly audited by, lets say the new FED body if you will. There much more to the blockchain technology than most even know about who's not really involved.
You missed my point, and sorry for being brash with my statement. You don't know much about the blockchain technology, and that's why I said what I did.
Its fine if you don't, but don't spread the same talking points around, claiming it a scam and only criminals use it, if you don't understand it.
Not sayin i know everything at all thats why im asking questions. I dont really care how seamless the transition would be. Forcing a population to do anything without them knowing is gonna be a recipe for disaster.
Bullshit. Someone programs the algorithm. Nothing in cyberspace happens without a human initiating something.
So why arent there widespread public audits and arrests of people through their crypto wallets? Because the crimes are happening en masse. Ive personally seen scammer transactions that add up to $30,000+ and NOTHING is done about it.
I diddnt say "only criminals use it" i said it started as a way for people to anonymously purchase illicit things. Maybe not verbatim but you get my point. So criminals are a huge userbase for crypto. Yes i admit im not an expert on blockchain stuff but every time someone tries to explain crypto to me it genuinely sounds like theyre trying to get me to join a pyramid scheme.