Message from @RyeNorth
Discord ID: 496488295010795569
bitcoin?
it isn't, no.
I can't send a USD to China without a 3rd party or flying there and going through borders
If you send someone money through Western Union, or Paypal, you're sending USD from one person to another.
it goes through a bank, it's not a dollar note i hold anymore, so they control it while it gets sent.
Yes, they allocate funds within their vaults, essentially.
if they deplatform you, like we've seen happening, you can't send or recieve money on paypal for example
Stop
k
Let's be very clear here
PayPal relies on the credit backend
i'm not advocating for crimminal activities
Not what I'm saying.
Visa, Mastercard, Amex, Discover
but we've seen people get de-platformed for no reason
I'm saying be clear on the target
Banks cannot simply deny you your money
Credit institutions can
What's far scarier than seeing Paypal censor people
if someone in power decides that you're a criminal, even if you're not, they can freeze your account, stop paypal access, etc
I'm not saying "this isn't scary"
It is
it's at the whims of SOMEONE is the point
What I'm saying is before people rush out into the world, make sure you are sure of your target so you can't be kneecapped by detractors
with crypto, you can't stop me from sending money to an address
that's where people see value in it.
Not getting it.
then i'm #fired
Okay, so the entire point of a currency is that it's representative of something else. It's a common, stable value. If a Dollar is under the Gold Standard, your dollar is worth a share of the gold. As a Fiat Currency, your dollar is worth a portion of the whole of the economy, including goods and services.
What, exactly, is Bitcoin a share of?
Or Etherium. or whatever, what are they a share of?
of it only ever having 21 million in existance. it's secured by math and electricity providing digital proofs
I drop a finite amount of deuces on the side of the road. That doesn't make any of them valuable.
deuces?
poo?
When you've got to go you've got to go.
it's worth something to someone
bugs'll eat it, birds eat the bugs
Hey roadcrypto.