Message from @Beef Taquitos
Discord ID: 481155158437396521
without it, the price is extremely relative
at least to start
like someone needs to go "this is worth x of a bitcoin." and just not change it
there are tethered crypto currencies, there are many solutions competing with each other
yeah idk if that helps either ironically
holy shit watching the VFN video of the protest thing is pretty great
when the trump side dude with the megahorn started chanting "NAZIS GO HOME" with them one of the antifa guys shouted back "THIS IS OUR HOME!!!" which just... ahhhh... so good.
then there is the problem of people not trusting it because of the possibility of governments bring legislation down on you for using it.
like, if a government makes it illegal to use crypto, what then?
then you use it anyway
then you encrypt your use of crypto. Fuck rules that are unacceptable.
who is gonna protect you?
laws should be used to prevent harm and that's about it
an ISP?
The ISP won't know
what are you going to buy with it? foreign items only?
can't buy anything domestic
not without converting it into the local currency
when you restrict the market you create a black market, some countries have huge illegal black markets
because people need to be able to trade to eat
Because trading things out of the country and back in via something like the stock market isn't already a thing that happens.
yeah, how many normies use a black market?
you need normies to get this more stable
i dunno, ask venezuelans
if they dont use black markets they die
you think a place like America banning cryptos would turn into Venezuela overnight?
most people don't want to be labeled a criminal
you see how much prices fluctuate every time the government talks about messing with cryptos.
that is a problem for stabilizing the price
the US isn't gonna ban the dollar
did someone say that?
(nor stop making it, which is a problem)
happened earlier this year or last year when they talked about coming after people for income tax. or blocking it due to its use in the black market
like i said, all catch 22s
my point is basically that desperate economies will adopt crypto before spoiled westerners do
and thats probably gonna stabilize it quite a bit
yeah, i don't see much of Africa using cryptos
well maybe some warlords
which means guns will become the anchor points
that would be entertaining