31–40 of 302 posts
Earlier quoted context omitted.
Basically one of the exact reasons why Crypto should exist.
Yeah, let's destroy financial systems of governments and substitute it with a system that has 7 tps cap in which the majority of coins belongs to unknown entities (supposedly of criminal origin).
Earlier quoted context omitted.
Basically one of the exact reasons why Crypto should exist.
Yeah, let's destroy financial systems of governments and substitute it with a system that has 7 tps cap in which the majority of coins belongs to unknown entities (supposedly of criminal origin).
[0] https://en.wikipedia.org/wiki/2013_corruption_scandal_in_Tur...
[1] https://en.wikipedia.org/wiki/Recep_Tayyip_Erdo%C4%9Fan#Auth...
Earlier quoted context omitted.
Yeah, let's destroy financial systems of governments and substitute it with a system that has 7 tps cap in which the majority of coins belongs to unknown entities (supposedly of criminal origin).
Bitcoin was never supposed to be capped at 7 transactions per second, there are no technical reasons for that limit to exist anymore (it was added in 2010 as a temporary measure). Until (if) Bitcoin BTC decides to scale people can use the Bitcoin Cash [0] fork, which today has ~32 times more capacity, with a roadmap to continue scaling to universal usage while keeping fees low [1]. [0] https://bitcoincash.org/ [1] ht…
Earlier quoted context omitted.
The first thing would be to ban free exchange of foreign currencies. But that would be hard to do in the tourist country.
After turning the country into a dictatorship, regularly arresting and torturing foreign tourists, and now corona, I doubt that there are any tourists left at all.
Earlier quoted context omitted.
Basically one of the exact reasons why Crypto should exist.
Yeah, let's destroy financial systems of governments and substitute it with a system that has 7 tps cap in which the majority of coins belongs to unknown entities (supposedly of criminal origin).
Earlier quoted context omitted.
The first thing would be to ban free exchange of foreign currencies. But that would be hard to do in the tourist country.
After turning the country into a dictatorship, regularly arresting and torturing foreign tourists, and now corona, I doubt that there are any tourists left at all.
Earlier quoted context omitted.
Basically one of the exact reasons why Crypto should exist.
Yeah, let's destroy financial systems of governments and substitute it with a system that has 7 tps cap in which the majority of coins belongs to unknown entities (supposedly of criminal origin).
But if you're in a country where your money have been dropping 10% per annum for the last 10 years, and where the concentration is anyway not that different from bitcoin, then things start to make more sense.
Also, most people in this situation are not looking for a day to day transactional currency, but rather for a store of value to hedge against their falling native currency.
Earlier quoted context omitted.
Basically one of the exact reasons why Crypto should exist.
Yeah, let's destroy financial systems of governments and substitute it with a system that has 7 tps cap in which the majority of coins belongs to unknown entities (supposedly of criminal origin).
Privacy is a feature, not a bug. I don't want people knowing how much money I have.
They are printing too much money for the rich and not helping/saving anyone and want to block all from getting away.
That's probably not gonna work. Banning something has proven to never work in history.