Doc Dutch (12-18-2021)
Is is a good thing?
Doc Dutch (12-18-2021)
AProudLefty (12-18-2021)
AProudLefty (12-18-2021), evince (12-18-2021)
https://www.splcenter.org/hatewatch/...acist-movement
How Cryptocurrency Revolutionized the White Supremacist Movement
December 09, 2021
No way I'm trusting that stuff. Looks like a scam.
I like my money secured by the full faith and credit of the United States of America.
I imagine people will come up all kinds of get rich easy schemes, oh just print your own money, and then there will be big rip-offs where people got stung, and then that will be the end of it. Nobody will accept it.
It's not safe. Stay away.
Personal Ignore Policy PIP: I like civil discourse. I will give you all the respect in the world if you respect me. Mouth off to me, or express overt racism, you will be PERMANENTLY Ignore Listed. Zero tolerance. No exceptions. I'll never read a word you write, even if quoted by another, nor respond to you, nor participate in your threads. ... Ignore the shallow. Cherish the thoughtful. Long Live Civil Discourse, Mutual Respect, and Good Debate! ps: Feel free to adopt my PIP. It works well.
evince (12-18-2021)
It's a big energy waster.
It takes all kinds of computing power to create it, lots of computers, and then you gotta pay the electricity to run 'em all, and then you gotta pay for HVAC to cool the room, all for a few dollars' worth. The value of which is highly uncertain. You could get stung with a bunch of computers you don't need and some big power bills.
What a dumb thing to be doing in this day and age when we need to be limiting energy use as much as possible.
Jimmy Carter is right. It's not about what you own. It's about what you do.
Personal Ignore Policy PIP: I like civil discourse. I will give you all the respect in the world if you respect me. Mouth off to me, or express overt racism, you will be PERMANENTLY Ignore Listed. Zero tolerance. No exceptions. I'll never read a word you write, even if quoted by another, nor respond to you, nor participate in your threads. ... Ignore the shallow. Cherish the thoughtful. Long Live Civil Discourse, Mutual Respect, and Good Debate! ps: Feel free to adopt my PIP. It works well.
McRocket (12-18-2021)
desh, put your retirement security on a computer chip........do it before Christmas.
Isaiah 6:5
“Woe to me!” I cried. “I am ruined! For I am a man of unclean lips, and I live among a people of unclean lips, and my eyes have seen the King, the Lord Almighty.”
"The atmosphere is among the factors that determines the Earth's atmosphere." --ZenMode
"Donald has failed in almost every endeavor he has attempted. " --floridafan
"Abortion is not a moral issue. " --BidenPresident
"Propaganda can also be factual." --Flash
"Even after being vaccinated, you shed virus particles." --Jerome
"no slavery is forcing another into labor" -archives
"Evs are much safer from fires" -- Nordberg
"Abortion has killed no one." -- LurchAddams
"The atmosphere is among the factors that determines the Earth's atmosphere." --ZenMode
"Donald has failed in almost every endeavor he has attempted. " --floridafan
"Abortion is not a moral issue. " --BidenPresident
"Propaganda can also be factual." --Flash
"Even after being vaccinated, you shed virus particles." --Jerome
"no slavery is forcing another into labor" -archives
"Evs are much safer from fires" -- Nordberg
"Abortion has killed no one." -- LurchAddams
Cryptos are probably here to stay (at least until governments can figure out how to read the transactions).
There are too many organized criminals and terrorists that love it/use it for it to ever die completely.
As a form of major currency?
Forget it.
The following are countries where Bitcoin is banned or limited by the governments (and the list keeps growing):
https://cryptonews.com/guides/countr...d-or-legal.htm
If, say, Bitcoin took off as a major currency in America?
That would mean that people could get their pay and pay their bills in Bitcoin.
That would mean the IRS would have no way to track your income.
Does anyone seriously think that the feds are just going to let gigantic percentages of their tax income go down the drain?
Forget it.
If cryptos ever get big enough in America - the government will ban them.
Period.
They would be mega-stupid not to.
So no, cryptocurrencies - that are encrypted and whose transactions are virtually unreadable?
Will almost certainly NEVER be mainstream currencies in medium/major countries.
But...that does not mean they will not stick around and get even more valuable than they are.
Or...they could collapse to almost nothing.
Me?
I am NOT invested in them.
A nothing currency that is backed by nothing that uses HUGE chunks of power and governments hate AND that an EMP pulse could destroy in a millisecond?
PASS.
AProudLefty (12-18-2021)
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