|
| quote: | Originally posted by Lews
I'm not sure about that. For crypto-currencies to have any black market value, they need to have real world value. In a cash-free society, that means there will be an ('unalterable') digital record of the crypto-currency being exchanged with an intermediary for real world fiat currency. I would think with the increase in surveillance and computing power, it will be easier and easier for authorities to find these exchanges and crack down on them, making it more difficult to launder and thus making it less valuable. |
what do you think they would use as an alternative that would be easier to launder? if they start using gold, they'd just start like tagging it with isotopes or whatever, everything can be traced and from what i've gathered the altcoins that have crypto features do a darn good job at making it as hard as possible. so i dunno, going backwards (towars gold/silver) is more for security purpose, the way i see it, while black markets want the most intricate systems as possible. never once spoken with a prepper who wanted me to use vpns or TOR, but i have encountered druggies who do! :P
| quote: | | I actually vehemently disagree with this assessment. I find blockchain to be at best worthless and at worst a horrifying idea. It's a complete disavowal of trust and an invitation for 'might makes right' to take over. |
i kinda agree, the price surge of yesteryears december were followed by lots of ads in mainstream media talking about how great blockchain was, and how it was a "truth machine". but it's controlled by consensus, and when consensus is controlled by the ruling elite, i mean, it's kabuki!
so on that point i wholeheartedly agree.
And hindsight IS 20/20. But I guess my foresight ain't that bad either since I had a feeling it would surge, although I did not imagine it going that high as fast as it did.
The price is backing down a bit now, like after every surge, but historically it should not be longer than a week for it to go past its previous 2019 high now that it seems to have recovered from the bear market and is going into a bull run. That's what the statistics and technical's are saying, though, and I dont know about them... I dunno.. 80,000... But don't quote me on that later.. Those are numbers that comes from technical analysis and not my gut, and while I don't feel queasy when I see them, I can not claim them to originate from my gut, like my previous prediction, which was not foretold to happen yet by technical analysis.. And I mean, it's not like this is all PLANNED and that I somehow got a sneak-peak at the plan.. :P don't be silly!!!  
i actually pretty much had forgotten about my little alt coin collection until recently, since i've been pretty ill and havent had the energy to do anything but check the price of bitcoin once every few weeks, so i think it's funny that i made the thread and then boom! coinbase is making news, ripple is in the headlines, cnbn has a big feature on btc (even though the panel remained far more skeptic than their guest, dont wanna kill that momentum) after not having heard anything about it in the media sans that one story about that millionaire's wife that's kidnapped and they wanted the ransom paid in monero. for some reason, i dont know which, i think i read the amount they wanted equaled like 60% of the total monero supply.
___________________
BA-DUM-TSS
|
