Alright, this topic again?
The problem with this topic is that you guys never actually listen to anyone who knows what they're talking about.
Please go read the Cypherpunk Manifesto.
You need to understand the difference between a centralized ledger (the FED) and a decentralized ledger (Bitcoin, for instance).
When you have a centralized ledger, like the FED, the numbers can be faked and the currency then becomes literally fake. This is where we are now.
Should we introduce a decentralized ledger to the world, the record of transactions, which dictates the price of the store of value, can not be changed (you'll see the buzzword "immutable" thrown around at length during these discussions) and therefore no FED-esque entity can control civilizations anymore. Side note - What does "Loosh" mean? How is this relevant all of a sudden?
So, now that you (hopefully) understand the importance of what Blockchain technology is, let's break down the Mockingbird bullshit spin about blockchain currencies:
You already have a digital currency. You use plastic cards to transact daily, all of you (nearly). You no longer touch tangible assets. This moronic worry about a looming digital currency (something something mark of the beast) is ludicrous. Credit is digital. Hell, there's more digital numbers than there are physical papers and metal circles.
Let me repeat - your currency is already digital.
Next up:
>B-but only criminals use those!
Loads of criminals use Paper cash to facilitate crime. They also use humans as currency, drugs, guns, cars and plenty of other things. Half of those things are already illegal…
>W-won't people just l-launder money?
No shit. We still have dry cleaners everywhere.
>Normies are too s-stupid to not lose their keys.
I'm sure someone has lost a fifty before.
Please, try more FUD. I eat that shit for breakfast.
Anyway, here's the gist of things: the FED wants to co-opt the movement to blockchain currency by using a centralized version, which they're preemptively calling the FEDCOIN. What you're looking for in the future is a decentralized version of that shit.
If we have a centralized version, nothing changes. We keep the banks. We keep the pyramidal "investment broker" suits. We keep the insurance scheme bullshit and the debt LARP. We keep the money printer go brrrrrpppp memes.
On the other hand, if we get a decentralized ledger up and running, we can be our own banks, we can loan, insure, etc all on our own. We can finally be in control of our own finances. Ultimately, we can upend the Loosh Farm.
Oh and, >>10626960, >>10627069 beat me to it.
You can tether physical assets (or maybe a pool of digital assets… hint hint) to a digital currency which can be used to facilitate digital payments while also legitimately valuing the currency with tangible assets.