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Reason: None provided.

At the end of the day with precious metals, you will still have to pay high transportation and security fees for making payments over long distances. The 3rd parties doing these tasks become the new banks and the cycle starts all over with you having to trust they won't fudge the numbers again.

Cryptocurrencies are the only ones that break this cycle.

  • Cryptocurrencies don't fall into Triffin's Dilemna.

  • You don't have to worry about a Cantillon Effect.

  • You don't need 3rd parties to watch your money for you.


Now the question is which cryptocurrencies are going to be viable for international trades on a global scale. Its gotta be:

  • scalable
  • no history of hacks
  • provably secure
  • low fees
  • able to perform complex transactions with many parameters (smart contracts)
  • inexpensive transaction validator setup
  • and of course be decentralized in wallet users, amount, per wallet, and number of validators being held by many different people and not just a few so no group can maintain control.

Everyone has heard of Bitcoin but I recommend looking at Cardano. It is its own novel blockchain with its own accounting model, not a fork of Ethereum or Bitcoin.

1 year ago
1 score
Reason: None provided.

At the end of the day with precious metals, you will still have to pay high transportation and security fees for making payments over long distances. The 3rd parties doing these tasks become the new banks and the cycle starts all over with you having to trust they won't fudge the numbers again.

Cryptocurrencies are the only ones that break this cycle.

  • Cryptocurrencies don't fall into Triffin's Dilemna.

  • You don't have to worry about a Cantillon Effect.

  • You don't need 3rd parties to watch your money for you.


Now the question is which cryptocurrencies are going to be viable for international trades on a global scale. Its gotta be:

  • scalable
  • no history of hacks
  • provably secure
  • low fees
  • able to perform complex transactions with many parameters (smart contracts)
  • inexpensive transaction validator setup
  • and of course be decentralized being held by many different people and not just a few.

Everyone has heard of Bitcoin but I recommend looking at Cardano. It is its own novel blockchain with its own accounting model, not a fork of Ethereum or Bitcoin.

1 year ago
1 score
Reason: None provided.

At the end of the day with precious metals, you will still have to pay high transportation and security fees for making payments over long distances. The 3rd parties doing these tasks become the new banks and the cycle starts all over with you having to trust they won't fudge the numbers again.

Cryptocurrencies are the only ones that break this cycle.

  • Cryptocurrencies don't fall into Triffin's Dilemna.

  • You don't have to worry about a Cantillon Effect.

  • You don't need 3rd parties to watch your money for you.


Now the question is which cryptocurrencies are going to be viable for international trades on a global scale. Its gotta be:

  • scalable
  • no history of hacks
  • provably secure
  • low fees
  • able to perform complex transactions with many parameters (smart contracts)
  • inexpensive transaction validator setup
  • and of course be decentralized being held by many different people and not just a few.

Everyone has heard of Bitcoin but I recommend looking at Cardano. It is its own novel blockchain with its own accounting model, not a fork of Ethereum or Bitcoin.

1 year ago
1 score
Reason: None provided.

At the end of the day with precious metals, you will still have to pay high transportation and security fees for making payments over long distances. The 3rd parties doing these tasks become the new banks and the cycle starts all over with you having to trust they won't fudge the numbers again.

Cryptocurrencies are the only ones that break this cycle.

  • Cryptocurrencies don't fall into Triffin's Dilemna.

  • You don't have to worry about a Cantillon Effect.

  • You don't need 3rd parties to watch your money for you.


Now the question is which cryptocurrencies are going to be viable for international trades on a global scale. Its gotta be

  • scalable
  • no history of hacks
  • provably secure
  • low fees
  • able to perform complex transactions with many parameters (smart contracts)
  • inexpensive transaction validator setup
  • and of course be decentralized being held by many different people and not just a few.

Everyone has heard of Bitcoin but I recommend looking at Cardano. It is its own novel blockchain with its own accounting model, not a fork of Ethereum or Bitcoin.

1 year ago
1 score
Reason: None provided.

At the end of the day with precious metals, you will still have to pay high transportation and security fees for making payments over long distances. The 3rd parties doing these tasks become the new banks and the cycle starts all over with you having to trust they won't fudge the numbers again.

Cryptocurrencies are the only ones that break this cycle.

  • Cryptocurrencies don't fall into Triffin's Dilemna.

  • You don't have to worry about a Cantillon Effect.

  • You don't need 3rd parties to watch your money for you.


Now the question is which cryptocurrencies are going to be viable for international trades on a global scale. Its gotta be

  • scalable
  • no history of hacks
  • low fees
  • able to perform complex transactions with many parameters (smart contracts)
  • inexpensive transaction validator setup
  • and of course be decentralized being held by many different people and not just a few.

Everyone has heard of Bitcoin but I recommend looking at Cardano. It is its own novel blockchain with its own accounting model, not a fork of Ethereum or Bitcoin.

1 year ago
1 score
Reason: Original

At the end of the day with precious metals, you will still have to pay high transportation and security fees for making payments over long distances. The 3rd parties doing these tasks become the new banks and the cycle starts all over with you having to trust they won't fudge the numbers again.

Cryptocurrencies are the only ones that break this cycle.

  • Cryptocurrencies don't fall into Triffin's Dilemna.

  • You don't have to worry about a Cantillon Effect.

  • You don't need 3rd parties to watch your money for you.


Now the question is which cryptocurrencies are going to be viable for international trades on a global scale. Its gotta be scalable, no hacks, low fees, able to perform complex transactions with many parameters (smart contracts), inexpensive transaction validator setup, and of course be decentralized being held by many different people and not just a few.

Everyone has heard of Bitcoin but I recommend looking at Cardano. It is its own novel blockchain with its own accounting model, not a fork of Ethereum or Bitcoin.

1 year ago
1 score