Trading and investing crypto on an exchange is stupid.
I keep telling you this and you keep pretending that I'm not saying that.
It's not an in investment, it's not a stock, it's not some asset class.
Stop pretending I'm telling you to invest in crypto.
I'm telling you that crypto is the only method of transacting digitally that is secure enough to be an acceptable way to transact digitally.
I am telling you that every other option for digital transaction is unacceptably insecure.
I am not telling you gold is bad.
I am not telling you cash is bad.
I am telling you CBDC is bad.
I am telling you that the current popular digital money tracking system is easily hacked and manipulated.
Blockchain technology is the only secure method of data tracking that we have in digital space. The next most secure method is the current financial system, it's vulnerable to all kinds of fun hacks like "double spend" attacks. Blockchain is not vulnerable to that.
Blockchain is designed to be vulnerable to a very specific kind of attack as the only kind of attack that works called a 51% attack.
The conditions for launching a 51% attack requires real world hardware and energy. You can't just use clever timing and programming like with the current digital finance system.
Cash in hand is always better than digital. But you are going to transact digitally somehow at some point on an online store, it doesn't matter that your currency is backed by gold, if it isn't tracked with blockchain, fraud is virtually guaranteed.
I am telling you what the best digital transaction system is, nothing more nothing less.
I'm an not telling you digital is better.
I am just telling you that the most fraud resistant digital system is the best digital system.
Exchanges are external to crypto networks. They are not secure, they don't run on blockchain.
A blockchain is only self secure, everything external to itself is not guaranteed.
Exchanges engage in off ledger transactions, basically fraud.
Yes people should buy physical metals. You should have gems, metals and cash.
But if you are going to transact digitally you need something that is secure, and I don't mean "secure investment" I mean secure as in "internally free of fraud and resistant to hacks".
Of course it doesn't work in grid down. Which digital tracking system does?
Grid down doesn't change what is best during grid up. 🤦♂️
You're still talking about traders and investors.
Trading and investing crypto on an exchange is stupid.
I keep telling you this and you keep pretending that I'm not saying that.
It's not an in investment, it's not a stock, it's not some asset class.
Stop pretending I'm telling you to invest in crypto.
I'm telling you that crypto is the only method of transacting digitally that is secure enough to be an acceptable way to transact digitally.
I am telling you that every other option for digital transaction is unacceptably insecure.
I am not telling you gold is bad. I am not telling you cash is bad.
I am telling you CBDC is bad. I am telling you that the current popular digital money tracking system is easily hacked and manipulated.
Blockchain technology is the only secure method of data tracking that we have in digital space. The next most secure method is the current financial system, it's vulnerable to all kinds of fun hacks like "double spend" attacks. Blockchain is not vulnerable to that.
Blockchain is designed to be vulnerable to a very specific kind of attack as the only kind of attack that works called a 51% attack.
The conditions for launching a 51% attack requires real world hardware and energy. You can't just use clever timing and programming like with the current digital finance system.
Cash in hand is always better than digital. But you are going to transact digitally somehow at some point on an online store, it doesn't matter that your currency is backed by gold, if it isn't tracked with blockchain, fraud is virtually guaranteed.
I am telling you what the best digital transaction system is, nothing more nothing less.
I'm an not telling you digital is better.
I am just telling you that the most fraud resistant digital system is the best digital system.
Exchanges are external to crypto networks. They are not secure, they don't run on blockchain.
A blockchain is only self secure, everything external to itself is not guaranteed.
Exchanges engage in off ledger transactions, basically fraud.
Yes people should buy physical metals. You should have gems, metals and cash.
But if you are going to transact digitally you need something that is secure, and I don't mean "secure investment" I mean secure as in "internally free of fraud and resistant to hacks".
Of course it doesn't work in grid down. Which digital tracking system does?
Grid down doesn't change what is best during grid up. 🤦♂️
Oh my god, are you a fucking bot?
I say " I agree with you: physical transaction are always better than digital, but if you use digital I recommend this system."
And you come back with "Yeah, well physical is best."
I agree with you.
Holy shit. I feel like I'm talking to a bot.
You're on repeat and you don't process anything I say. I'm out.