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RE: Be A Douchebag, Not A Follower

in #life7 years ago

Crypto is going to have to bear the load of freedom, as it will be the only way to have private transactions. Not an encouraging idea, to my mind, since nothing beats two guys handing each other something, as far as privacy is concerned. Maybe gold and silver will make a return for such things. I’m leary of crypto’s ability to stay shielded from governmental pirates and other hazards, like a total tech shutdown or something (admittedly, a dubious prospect).

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The one thing people don't want to admit about crypto, is that although it is decentralized on paper, in reality, it has been one of the most easily manipulated spaces to invest in.

One tweet from some idiot and you have null coins pumping x100. So, if we really want to indulge in catastrophology, if the government decides "fuck it! let me get some of dis", then they could easily use propaganda to manipulate the shit out of everyone.

Crypto, blockchain technology, dag etc are just medium to decentralization and not the decentralization itself. To achieve the latter, there must be a shift in our mindset, which fortunately I think it's happening (with the help of the aformentioned things).

Excellent point. And I agree, mindset and morality are the only solutions that actually solve.