Good Sir, you $h!t us not, and welcome
to the #informationwar, #deepdivesЯ.
Crypto is to new for me to tell if it will
prevail over the alloy-based money,
it will be a wild ride, that's for sure.
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Good Sir, you $h!t us not, and welcome
to the #informationwar, #deepdivesЯ.
Crypto is to new for me to tell if it will
prevail over the alloy-based money,
it will be a wild ride, that's for sure.
Thank you so much! Yes, crypto is a new experiment, but it certainly has a lot going for it, and looks as if it will follow the same pattern as digitization of so many other industries.
Anyway, do you think it would be good to cross post this in #informationwar ? 🙏
Cryptocurrency will reign supreme provided 2 conditions are met:
Cryptocurrency needs to remain decentralized -- If it gets centralized either because the cryptos did it to themselves or because they were superceded by Central Bank Digital Currencies, then cryptocurrency as we know it is effectively useless;
Electricity keeps flowing -- When the electricity stops flowing and power is out for longer than a few days, cryprocurrency may as well end up in the ether or a black hole; this is why precious metals remain important in this context; even base metals such as copper and nickel would find use in a world without electricity.
As much as I like the potential of cryptocurrency and what it can offer us, we need to be ready for life wihout it.
Posted Using LeoFinance Beta
Yep, great points regarding decentralization and electricity dependency, and those will likely have to be maintained/solved for crypto to reign. That said, what are the chances so many other industries go digital (books, music, taxis, TV, retail, etc.), and somehow finance/cash remains analog? :)
Time will tell! 🙏
Sure, if you like! #informationwar and #deepdives are all about the news, politics, and the truth about money as if you can separate money from politics or the media, for that matter. It's more that, depending on who you ask (or what you watch), we don't always get an honest take when we turn on the news. Thus, sometimes, we need to report what it is that
WEare seeing. When you observe (or become) that kind of media where there are no ties to corporate sponsors, a lot of times, you'll notice it can be a bit more forthright, refreshing, and a change of pace! For a long time now, the mainstream news media has had a veritable monopoly on information dissemination. Hell, I remember when CNN was a somewhat trusted name. But we're living in different times today, and if you want to see more accuracy in media, you can always start showing and sharing with people your take and research on the various things and stuff. I've written to these tags for a while and avidly read some of the content people are posting. MSM will show you what to think, while critical thinking in conjunction with independent authors and reporting will teach people how.🙏
P.S. The one thing MSM hates even more than being called fake news is (decentralized) competition.
That makes a lot of sense. Finance looks to be changing, and media is one of the last industries to be changed, transformed, or evolved. I've never really been shy speaking 'my truth' but it would be nice to find more accurate media, or at least more widely varied perspectives, and I'm a huge fan of critical thinking. I'll give it a shot. I just subbed and cross-posted for the first time ever to /C/InformationWar. It'd be cool for blockchain tech to revolutionize media too. Fingers crossed, and thanks again! 🙏