That's what all cult members do. It's what all pyramid schemes tell their members to do. Did you see my post about the largest crypto scam in history? OneCoin told their buyers that people who didn't believe in OneCoin, even friends and family, were not to be trusted, they just don't understand crypto. Sounds like the trans ideology, doesn't it.
LOL. Identical. That's actually worse though. At least the issue of whether you are a man or woman and what that means is an important part of your identity. Crypto is just money. Who cares enough to join a money cult?
Deep down, I think it is just a pyramid scheme, created out of hatred for men by radical feminists - but who's at the top, and what's their equivalent of money?
Most cryptocurrencies are not valuable, or are too complex to easily determine their value. Bitcoin is the exception. People always talk about "who" invented it, what a mystery, must be nefarious, but that is totally irrelevant. You can read the Bitcoin whitepaper here. It's only 9 pages, and explains the system in a way that even a teenager can understand. There have been many improvements since then, but the basic functionality has stayed the same this whole time.
To me it's like asking someone who invented the car or refrigerator? Neat historical fact, but as long as it works, what do I care? I can read and understand the code (I am a programmer) and the system is brilliant. The only issue is that it functions more like gold, in that, because of the limited number of total transactions, the fees per transaction will increase in proportion to the number of people using it. (basic supply and demand problem) The total number of transactions are limited due to the decentralized nature of the system. You can't change that because that's what makes it resilient and tamper proof, but you can add a second layer network on top to facilitate cheap, tiny transfers of value like what you would need to buy coffee.
Once that issue is solved, Bitcoin will be ready and likely widely adopted. The reality is that we need a replacement for money that can't be tampered with by the government, and Bitcoin has all the properties of such a thing. Other cryptos (like Ethereum) have different purposes, and are not deflationary like Bitcoin (it has the 21 million limit on circulation, while Ethereum is purposefully inflationary).
I actually think other cryptos will be useful for replacing the financial stuff people do today (stocks) with a more efficient system, but none of them are suitable for money like Bitcoin is. The use case matters because otherwise you have to go through the gatekeepers, and you get the bullshit treatment that companies like Robinhood give you where they will literally freeze your trades to support their masters.
If you start your own country, the UN will bug you to have a minister for women. I'll put my name forward.
LOL. Identical. That's actually worse though. At least the issue of whether you are a man or woman and what that means is an important part of your identity. Crypto is just money. Who cares enough to join a money cult?
Most cryptocurrencies are not valuable, or are too complex to easily determine their value. Bitcoin is the exception. People always talk about "who" invented it, what a mystery, must be nefarious, but that is totally irrelevant. You can read the Bitcoin whitepaper here. It's only 9 pages, and explains the system in a way that even a teenager can understand. There have been many improvements since then, but the basic functionality has stayed the same this whole time.
To me it's like asking someone who invented the car or refrigerator? Neat historical fact, but as long as it works, what do I care? I can read and understand the code (I am a programmer) and the system is brilliant. The only issue is that it functions more like gold, in that, because of the limited number of total transactions, the fees per transaction will increase in proportion to the number of people using it. (basic supply and demand problem) The total number of transactions are limited due to the decentralized nature of the system. You can't change that because that's what makes it resilient and tamper proof, but you can add a second layer network on top to facilitate cheap, tiny transfers of value like what you would need to buy coffee.
Once that issue is solved, Bitcoin will be ready and likely widely adopted. The reality is that we need a replacement for money that can't be tampered with by the government, and Bitcoin has all the properties of such a thing. Other cryptos (like Ethereum) have different purposes, and are not deflationary like Bitcoin (it has the 21 million limit on circulation, while Ethereum is purposefully inflationary).
I actually think other cryptos will be useful for replacing the financial stuff people do today (stocks) with a more efficient system, but none of them are suitable for money like Bitcoin is. The use case matters because otherwise you have to go through the gatekeepers, and you get the bullshit treatment that companies like Robinhood give you where they will literally freeze your trades to support their masters.
Accepted. :)