RE: Unstoppable Money The Way To End Tyranny
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Except that in Russia right now, internet access is very limited. Limited not by sanctions but by the government and where internet access is available, a number of Crypto exchanges have started blocking access to individuals crypto wallets held on exchanges.
Yes, no one should hold all their crypto assets on exchanges and have their own wallet, but that's also useless without a world wide and working network to connect it to.
Relying on technology for all your worldly wealth is folly, in this respect, is only slightly more robust than any current traditional financial system that also relies on technology and as you pointed out, is easy to manipulate to exclude certain parties.
As for your baby boomer critique, they actually invented the technology you use today so writing them off as dinosaurs who don't understand the implications is again, a huge mistake.
If it were true, crypto would have slipped by unnoticed. The fact governments are still controlling it speaks volumes, aided and abetted by people who see crypto as a means to simply 'get rich' and without understanding the mind blowing application of true decentralised blockchains and what it can achieve in helping humanity on a global scale.
The never ending emphasis on 'GETTING MORE MONEY' is a very short sighted view, and one that will cause this incredible technology we have to implode under endless regulation. Its same old same old, making the rich richer, the same as its been for all eternity. You think with blinkers and see only what your own environment shows you.
Use blockchain technology to empower the poor and level the financial playing field, even just a little, and we will then have a whole new ball game.
You will never have more than 'them' they have too strong a start, the world needs to go back to the first principles of human requirements to be able complete a corrective reset.
Certainly there is way too much speculation and the greater fool theory in crypto. The mooning and lambo mindset was a detriment to things going forward. There needs to be a major transition from this to consistent monetary principles.
Actually it was a few of them who developed the technology. I stand by the criticism, most of the Boomers have no clue about technology.
And if you look at the last 20 years, most of the innovation came outside the Boomers. The digital innovation is from the X and Millennial realm.
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THE RUSSIANS ARE MAKING THEIR OWN CERTIFICATE SECURITY AUTHORITY TO CIRCUMVENT SANCTIONS..possibly spy on everyone who uses it..inject malware..the wars not only boots on the ground today. what a time to live. Stay Free and God Bless