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posted 2 years ago by Patriot11Retiree 2 years ago by Patriot11Retiree +28 / -0

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– MemeToDeath2021 4 points 2 years ago +4 / -0

The blockchain is critical to eliminate the centralized counterfeiting. We have fake news, fake ballots, fake money, fake stocks, fake (paper) gold and silver. Bitcoin is just one decentralized application of the blockchain. Peer to peer purchases via private hardware wallet (not exchanges) is the objective. Likely created for the elites while the masses stuck with FedRes centralized digital currency.

Bitcoin is NOT currency yet. But it only takes an attached exchange rate into gold and a mechanism for redemption/conversion to fix that. The blockchain must be used for that process as well to prevent just more fraud and counterfeiting (fake Bitcoin being redeemed for gold).

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