Bold strategy Cotton, let's see if it works out for him...
- Thread starter TheCarlwood
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I like ETH better than BTC. I think ETH will end up being the bigger than BTC in the end. The smart contracts behind ETH has many application possibilities per Allison McDowell’s work. Dapp’s are going to run a lot of the show in the future. BTC code can only do coins. To use a firework analogy, BTC is the charge that gets the shell into the sky and ETH is the explosion and pretty colors. I have seen some speculations that If Russia was to go ditch the ruble (due to collapse) it would pivot for ETH due to the “main” creator Vitalik Buterin being 1/2 Russian. I think the first step has been taking by Elon Musk to normalize blockchain currency (my term sounds less scary for normies). The next step will be for a government to use block chain currency as its official currency. I believe you will see a Mirco state in Europe or possibly African country like Somalia be the pilot program for it. I could also see the Vatican use it’s own coin. I say a developing country are more likely and typically more progressive with implementing new tech because it’s easier to change.
I'm a big fan of Idriss Aberkane who's a wealth of knowledge on many subjects (a true polymath), and when speaking on the recent events of Gamstop, he was saying how this is the first, really effective financial protest emerging from the bottom up, and how it's impact is superior to going out and protesting in the streets. I'd have to agree, simply judging from the panic on Wall St that resulted in the Ran-ian banksters to beg for swift Govt regulations was quite the show! I know it's a bit off-topic, but that was just tip of the iceberg.
Now crypto is being paraded as the terrorist's favourite tool (while at the same time, the banksters are reluctantly investing in it).
I think we're going to witness something big pretty soon on the money side
Now crypto is being paraded as the terrorist's favourite tool (while at the same time, the banksters are reluctantly investing in it).
I think we're going to witness something big pretty soon on the money side
https://www.bbc.com/news/world-africa-56169917
News from the Crown!
Nigeria is working the BTC hard. It’s also interesting that the local government is freezing accounts and as a result; folks are doubling down on BTC. I don’t think the west will take that approach of freezing accounts.
I agree with the above comment ^ financial protests such as GameStop are great, better than street bashing were insurance companies get richer. My biggest worry is who was really behind the info leak that helped kick that off? Another hedge fund using the poor to do their dirty work? That doesn’t sound like the upper class.
Too much instant media coverage for me. I see the main stream news as commercials.
Yet Greg has brought up the great point on the show, the public ledger is a double edge sword. As long as the accounts remain anonymous it’s ok. When block chain currency is no longer private, everyone knows your transaction history. That has made me pump the brakes a bit. I speculate that one day folks will need to register their block chain currency wallets to use the funds with the fed. Peer to peer should always be open, however I would want to one day “pay at the pump” with my BTC like a credit card.The interface (POS) allowing these transactions could pick to only do business with registered federally accounts.
Using the ledger, the fed. would check your history to see if your registered account interacts with non-registered accounts. And suspend it from being using on their (POS)network. Unlike a bank freezing your assets, you have access to the funds on your digital wallet but none will want to interact with you, for fear of retaliation. I am not too worried because folks figured out how to launder cash, the same might need to be done for BTC with fed. Registered accounts. I smell a lauding BTC mining rigs to fix this?
News from the Crown!
Nigeria is working the BTC hard. It’s also interesting that the local government is freezing accounts and as a result; folks are doubling down on BTC. I don’t think the west will take that approach of freezing accounts.
I agree with the above comment ^ financial protests such as GameStop are great, better than street bashing were insurance companies get richer. My biggest worry is who was really behind the info leak that helped kick that off? Another hedge fund using the poor to do their dirty work? That doesn’t sound like the upper class.
Too much instant media coverage for me. I see the main stream news as commercials. Yet Greg has brought up the great point on the show, the public ledger is a double edge sword. As long as the accounts remain anonymous it’s ok. When block chain currency is no longer private, everyone knows your transaction history. That has made me pump the brakes a bit. I speculate that one day folks will need to register their block chain currency wallets to use the funds with the fed. Peer to peer should always be open, however I would want to one day “pay at the pump” with my BTC like a credit card.The interface (POS) allowing these transactions could pick to only do business with registered federally accounts.
Using the ledger, the fed. would check your history to see if your registered account interacts with non-registered accounts. And suspend it from being using on their (POS)network. Unlike a bank freezing your assets, you have access to the funds on your digital wallet but none will want to interact with you, for fear of retaliation. I am not too worried because folks figured out how to launder cash, the same might need to be done for BTC with fed. Registered accounts. I smell a lauding BTC mining rigs to fix this?