Not all crypto. But Ethereum and its ecosystem has some of the worst cases of hacks and scams.
Fiat Cash gives you the problems we see today.
Metals are good for local transactions but not for long distance. Also in case of internet/electronic. The problem is you have to trust 3rd parties to safely secure and transport metals without fudging the numbers. These 3rd parties eventually become banks and as their greed and hold grows over time they eventually advocate for a Central Bank and fiat currency, repeating the same loop.
Crypto and blockchain is the only new tech that could free us from this loop. Crypto doesn't run into the problems of Triffin's Dilemna or the Cantillon Effect because the currency is distributed internationally and not from any one point.
You want a crypto that has:
code that's open source
no history of hacks
is decentralized in every way
scalability
efficiency
ability to be rebuilt with ledger intact if internet/electronics go down (more copies of the ledger makes this better)
smart contracts
low fees
Nobody wants CBDC in any way unless they profit from the control.
Ya I used to believe that lol. But it's an illusion. You are still investing in what you are against.
BTC controls all shit coins and has been taken over by deep state, thus why the updates. When Bitcoin halves it shoots up shitcoins. Doesn't take a rocket scientist to understand this. Only if you are lucky enough to still be able to sell at top and/or still have your coins available before some hacker takes your shit you can make money.
Even silver and gold (gods money) are manipulated and shorted. But I can at least hold in my hand at the end of the day. Same with currencies, real estate, collectibles, food, etc.
Pretty much have a spread over everything. Crypto id never hold a big position unless you can afford to lose it.
All crypto has backdoors. CBDC will be no different. I only want cash and metals
Not all crypto. But Ethereum and its ecosystem has some of the worst cases of hacks and scams.
Fiat Cash gives you the problems we see today.
Metals are good for local transactions but not for long distance. Also in case of internet/electronic. The problem is you have to trust 3rd parties to safely secure and transport metals without fudging the numbers. These 3rd parties eventually become banks and as their greed and hold grows over time they eventually advocate for a Central Bank and fiat currency, repeating the same loop.
Crypto and blockchain is the only new tech that could free us from this loop. Crypto doesn't run into the problems of Triffin's Dilemna or the Cantillon Effect because the currency is distributed internationally and not from any one point.
You want a crypto that has:
Nobody wants CBDC in any way unless they profit from the control.
Ya I used to believe that lol. But it's an illusion. You are still investing in what you are against.
BTC controls all shit coins and has been taken over by deep state, thus why the updates. When Bitcoin halves it shoots up shitcoins. Doesn't take a rocket scientist to understand this. Only if you are lucky enough to still be able to sell at top and/or still have your coins available before some hacker takes your shit you can make money.
Even silver and gold (gods money) are manipulated and shorted. But I can at least hold in my hand at the end of the day. Same with currencies, real estate, collectibles, food, etc.
Pretty much have a spread over everything. Crypto id never hold a big position unless you can afford to lose it.
You have demonstrated how little you actually know about crypto. But, conveniently for you, thats a good reason not to be in it.
Btc is based on sha256 which is nsa invention they likely have backdoor to.