Is it true that the future is behind cryptocurrency?

Budget101 Discussion List Archives Budget101 Discussion List Is it true that the future is behind cryptocurrency?

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      Is it true that the future is behind cryptocurrency?

    • #596853

      Not in our Lifetime.

      Supporters of Bitcoin and other cryptocurrencies claim that these financial platforms are inherently trustless, that is, they are unbound by the authority of any nation-state, government, or body. That’s a false narrative.

      They’re entirely reliant on the underlying infrastructure powering cryptocurrencies like Bitcoin, much of which is located in China.

      The Chinese government is theoretically able to make major changes to cryptocurrencies by enforcing its will on the data mining companies that keep them running.

      In short, relying on a cryptocurrency is like throwing all of your money at china or russia and hoping they give it back.

      It goes back to the elite wanting a cashless system to control the masses.

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Budget101 Discussion List Archives Budget101 Discussion List Is it true that the future is behind cryptocurrency?