Cryptocurrency: Countries Spooling Up Their Own, Act Now
https://unchainedpodcast.com/why-china-aims-to-replace-cash-with-the-digital... https://beincrypto.com/sweden-central-bank-outlines-6-step-digital-currency-... etc Many countries banks and gigacorps are now spooling up their own centralized fake crypto issuances. This presents a serious risk to further adoption of real distributed privacy uncensorable transaction mineable etc... cryptocurrencies. Entire crypto community must rise together and denounce all such centralized coins, including scrapping all centralized shitcoins now extant for ultimately being nothing more than Fiat by a different name and entity.
On Mon, Nov 25, 2019 at 02:16:17AM -0500, grarpamp wrote:
https://unchainedpodcast.com/why-china-aims-to-replace-cash-with-the-digital... https://beincrypto.com/sweden-central-bank-outlines-6-step-digital-currency-... etc
Many countries banks and gigacorps are now spooling up their own centralized fake crypto issuances. This presents a serious risk to further adoption of real distributed privacy uncensorable transaction mineable etc... cryptocurrencies. Entire crypto community must rise together and denounce all such centralized coins, including scrapping all centralized shitcoins now extant for ultimately being nothing more than Fiat by a different name and entity.
What I suspect will mostly happen is that those who had the balls or ovaries to launch their own DC and/or mining etc and get successful, just like those who start gov-protected corporations and get "successful", mostly fail the test of the prisoner's dilemma and succumb to selfish sell out to the highest bidder. In a world where our fiats are printed by trolls ('member the Fed), it's TPTB that have unlimited fiats with which to tempt the bold wealth seekers. To the extent that we witness the odd freedom seeker, rather than wealth seeker, and he or she demonstrates that intention which is unusual and exceptional in a good way, -there- lies a bandwagon we ought jump on, promote, use and support.
participants (2)
-
grarpamp
-
Zenaan Harkness