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.
You are asking questions, then denying the answers being given by either deflecting to something else, or playing the strawman position. This is going in circles now, and you are picking and choosing your response without the full scope of things.
My advice, do some research on the technology and not the name recognition. You also seem to want to argue rather than discuss, whether intentional or not, that's how you are coming off as.
You ask why nothing has been done about the criminals...take a look around you and see just how corrupt the gov't system is. Criminals will always protect their own. There are answers to all your responses, now you need to dig and find them on your own because all your responses in this thread are abrasive and standoff-ish with everyone.
You ask why nothing has been done about the criminals...take a look around you and see just how corrupt the gov't system is.
So you understand then why im so skeptical of mass adaptation of a system where you can anonymously spend wherever you want and only have investigations when the company(s) that operates the system allows it. Its basically giving the elite's the ability to stop us from following the money. The only way that doesnt happen in my opinion is if we the people actually take back power in our governments.
My advice, do some research on the technology
I have been here and there. Ive had to learn a little more so i can better interact with scammers making people set up crypto wallets to "invest" money with them. But ill take that advice and look up something tonight.
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.
You are asking questions, then denying the answers being given by either deflecting to something else, or playing the strawman position. This is going in circles now, and you are picking and choosing your response without the full scope of things.
My advice, do some research on the technology and not the name recognition. You also seem to want to argue rather than discuss, whether intentional or not, that's how you are coming off as.
You ask why nothing has been done about the criminals...take a look around you and see just how corrupt the gov't system is. Criminals will always protect their own. There are answers to all your responses, now you need to dig and find them on your own because all your responses in this thread are abrasive and standoff-ish with everyone.
So you understand then why im so skeptical of mass adaptation of a system where you can anonymously spend wherever you want and only have investigations when the company(s) that operates the system allows it. Its basically giving the elite's the ability to stop us from following the money. The only way that doesnt happen in my opinion is if we the people actually take back power in our governments.
I have been here and there. Ive had to learn a little more so i can better interact with scammers making people set up crypto wallets to "invest" money with them. But ill take that advice and look up something tonight.