Hoarding fiat currency will always end worse than slowly trading it for assets that hold or increase in value. All the while: government money loses value by design. Attempting to time a crash and call the bottom is more akin to gambling than investing.
Cayman Islands, UAE, Bahamas, Monaco, Bermuda, Qatar, Bahrain, Brunei, Oman, Kuwait, British Virgin Islands, Panama, Saudi Arabia, Anguilla, Somalia… There’s more, but you only asked for one. I will admit that doing fine is a relative term and probably doesn’t apply to all these places. 😂
That would just suppress the price in the short term and leave that country behind in the digital currency revolution. Everyone has a moral responsibility to disobey unjust laws. Politicians can legislate all they want, but crypto will keep humming along.
Governments have shown in the past they will indeed never give up their money printer. That’s a key reason crypto was created. You seem to think governments are willingly allowing crypto to exist and have the ability to shut it down. Centralised e-cash has been tried (and quickly squashed). P2P crypto is immutable and exists to preserve the freedom of users.
Right? Its just that biological, carbon-based shit on it that’s gonna get cooked. This old rock is gonna be just fine. 🥹
I should have clarified: the revolutionary part is that through the possession of data (private keys), users are able to lay claim to their units of cryptocurrency.
Monopoly money is issued by Hasbro (private institution), can be fairly easily counterfeited, has little to no acceptance outside the context of a board game, and there’s no upper limit to how much can be printed. On top of all that: there’s no cryptographic way to prove the validity of Monopoly money and it can’t be transferred across the planet as easily as sending an email.
Value of anything only exists in the minds of humans. No value is inherent to anything. You’re absolutely correct that gold isn’t fiat. But gold could absolutely be used as currency. Its in circulation and used as a medium of exchange. You’re also right that crypto is a currency. But its not a fiat currency. Crypto and fiat are both mediums of exchange not backed by a commodity. The key distinction is that fiat also relies on trust from the issuing institution.
Fiat is government-issued currency with no underlying commodity and no upper limit. Crypto has no government backing and its issuance is determined by each cryptocurrency system (maintained by miner consensus). Some crypto has upper limits and others do not. I think having no supply limit is the distinction you’re trying to define as fiat.
Crypto is a revolutionary product because it enables users to possess their own units of account. With great freedom, comes great security concerns. Keep in mind, the vast majority of scams are still conducted with fiat currency. Blaming ignorant crypto users does not overshadow the value digital assets provide to humanity. These benefits include: protection from fiat debasement, the ability to transact without intermediaries, global accessibility, privacy, and transparency. We’re using the fediverse for fucks sake, so some of these features ought to be seen positively by many of us. You’re absolutely right that greedy and gullible are drawn to crypto because “line goes up.” There will always be a learning curve for new technology and hard lessons will be taught to early adopters.
I sincerely hope this thought occurred in the shower, OP. 😍
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You are right, that most of these women probably would have consented. Rapists are into non-consensual sex. Its kinda their kink.
I have accepted PNG Jesus into my photo editor.
Yeah, this was my thought process. Security comes in layers and a huge amount of malicious software will scan for and send away unencrypted crypto sitting on a device. Setting up a small honeypot and monitoring for transactions gives me slight peace of mind. I just wanted to share my shower thought.
For what its worth: I’ve been running enterprise since 2015 (when it was called LTSB) then switched to LTSC IoT around 2021. Its fantastic and doesn’t have all the Candy Crush and other bullshit. I highly recommend.
I’m not the person you replied to, but it’s great for telling you why the check engine light is on. If you’re somewhere that requires emission testing: you can diagnose if you have an exhaust leak, bad O2 sensor, clogged catalytic converter, etc. Besides that: its good just to know if the check engine light can be safely ignored.
I’d recommend backing up your bookmarks, then delete your profile in C:\Users\YourName\AppData\Roaming\Mozilla\Firefox\Profiles\
Reinstall only uBlock Origin, then give Firefox another shot.
China has over 4 times the population of the US and pollutes a little over twice what we do. Which is incredible considering they make all the crap we buy. Per capita emissions should be the only way to discuss who is making strides.