I agree with you. Moreover, cryptocurrencies are a pyramid scheme. Well intentioned, but doomed to destroy your wealth. It would take only one bad actor with access to the right computer to wipe out everything you carry in cryptocurrency. The thing about federal reserve notes is that they serve as mighty fine barter certificates. Seen in…
I agree with you. Moreover, cryptocurrencies are a pyramid scheme. Well intentioned, but doomed to destroy your wealth. It would take only one bad actor with access to the right computer to wipe out everything you carry in cryptocurrency. The thing about federal reserve notes is that they serve as mighty fine barter certificates. Seen in that light, we function with them, and are able to obtain the goods and services we need or want without hassles. The real concern is if they are replaced by another currency, without exchange.
It should also be noted that some cryptocurrency organizations hack web sites. They replace the web site so they can use the servers to mine their cryptocurrency. This happened to me repeatedly until the fellow who runs my server cut off access from Russia and China.
I agree with you. Moreover, cryptocurrencies are a pyramid scheme. Well intentioned, but doomed to destroy your wealth. It would take only one bad actor with access to the right computer to wipe out everything you carry in cryptocurrency. The thing about federal reserve notes is that they serve as mighty fine barter certificates. Seen in that light, we function with them, and are able to obtain the goods and services we need or want without hassles. The real concern is if they are replaced by another currency, without exchange.
It should also be noted that some cryptocurrency organizations hack web sites. They replace the web site so they can use the servers to mine their cryptocurrency. This happened to me repeatedly until the fellow who runs my server cut off access from Russia and China.