crypto depends on electricity + fully functional internet + fully functional and reasonably powerful computer
all the above will cease to exist if any turmoil happens
how can anybody push crypto as a viable alternative to any other form of "value exchange" when times are dire ?
Oh yeah privacy_first, crypto is worthless if things collapse and we go full Max Max. How could it be otherwise? I also think gold will not be worth much either, you can't eat it and jewelry for women won't be in high demand.
there is a difference between a fact and an opinion
what I have stated is a fact, to be clear, "even if you wish, you will not be able to use a crypto when things do not work"
what you think about the value of gold is irrelevant, reality will decide.
what you think about the value of gold is irrelevant, reality will decide.
When things collapse I won't accept gold for anything I have of value.
LOLOL There is no fucking way in hell your here making this argument again. There's something wrong with you.
Trudeau just deleted a bunch of Trucker's bank accounts?
it would seem worthwhile protect yourself against future Authoritarian Leftist States
authoritarian leftist states will have no problem whatsoever to "disable" all the ledger mechanism that is into crypto.
how ? you really think that it is difficult to only allow specific applications to be carried over the net ?
want an example ? look at china
That's not particularly realistic? if a State goes full China then we are all dead anyway, that's why you never go full China.
States do have control over the banking system and who you can trade with (see EU vs Russia)
It's not so easy to control what you do with a bitcoin. I've even seen people apparently just pass each other the password to a bitcoin wallet
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