GOOD MORNING AMERICA!
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Why is there so much fretting over crypto? It should be self controlling. And, pretty much self-regulating with math. that scares the holy fuck out of dictators and crooks. They are cooking up ways to make a centralized government currency that all "sub currencies" would need to be converted into to be legal. then, they have control. They are happy because they get their fingers in the pie.
Ultimately, that's what any government is about, taking from the people. Some are better at giving back something of value. Most decay into crime. And then, the sheer numbers of people storm the castle to overthrow the beast with promises of something different. It cycles and cycles and that is the framework of humanity. The only way to win is not to play the game.
The reality is, most of us like to play the game. The trick is to keep the ones who suck at the game happy enough to keep them from storming the castle. Throw them a $1400 check now and again. Let drugs run rampant. Let them kill each other off. Let them get distracted by Orange Haired men. Sound familiar?
Ultimately, that's what any government is about, taking from the people. Some are better at giving back something of value. Most decay into crime. And then, the sheer numbers of people storm the castle to overthrow the beast with promises of something different. It cycles and cycles and that is the framework of humanity. The only way to win is not to play the game.
The reality is, most of us like to play the game. The trick is to keep the ones who suck at the game happy enough to keep them from storming the castle. Throw them a $1400 check now and again. Let drugs run rampant. Let them kill each other off. Let them get distracted by Orange Haired men. Sound familiar?
The problem with Bitcoin is the number of coins is finite and many people have lost their wallets. Those coins will never be used again.
Had a buddy that back in the really early days of bitcoin lost his wallet somehow (I don't remember, it was years ago). He's long since written it off as one of those "shit happens" things.
He had fifty bitcoins in it.
He had fifty bitcoins in it.
A guy in the UK threw out a hard drive few years ago with bitcoins that would now be valued at $330 million. He's offered the local authority i think 25% (if it's recovered) to totally turn over a landfill site. They've told him to fuck off.