Darkmoon Queen
Specialist
- Apr 1, 2020
- 396
Interesting take either way. I'm glad you posted it.Playing Devil's Advocate here, but they probably mean regulation of cryptocurrency to prevent people from pursuing this "worthless" endeavor and wasting their money. Also they only said Bitcoin is worthless not cryptocurrency as a whole even though that's probably the least worthless crypto out there.
Not that I particularly care about this subject.
Cryptocurrency is too technical for traditionally trained finance professionals so it's a big headache and an opaque X-factor you don't want in your calculations.It's worthless if they can'tsteal it from youprofit from it by applying taxes and bureaucracy to it.
As much as i am interested in the progress of technology and how to recognize the bad changes from the good ones, i cant for the life of me understand crypto
I feel like crypto is a meme at this point but the money people are always going to balk at the idea of a person operating outside of the system they've created for us.As much as i am interested in the progress of technology and how to recognize the bad changes from the good ones, i cant for the life of me understand crypto
Sounds based to meI feel like crypto is a meme at this point but the money people are always going to balk at the idea of a person operating outside of the system they've created for us.
As far as I understand it, crypto has the potential to be completely anonymous because you can use a hardware wallet (online wallets ask real life ID) and all purchases go through a set of proxies known as the blockchain. There's also the potential to play the crypto equivalent of the stock market and essentially win the lottery. As such, crypto is mainly used by criminals and geeks which is why bankers previously took no notice.
In theory, it's muy basado.Sounds based to me