Anonymous ID: d7f53d March 28, 2020, 7:58 p.m. No.8606870   🗄️.is 🔗kun   >>8098 >>3878

If Gold and Silver are the only money that truly exist (which I'm not arguing because they're the only thing that can be genuine money, but there are arguments for Pt and Pd to be in the discussion as well), what will the future hold for digital transactions?

 

In other words, if Credit goes away (which I'm assuming all of you are fully aware of being inevitable), how will we make digital transactions? How will your grandma in Switzerland send you money? How will you pay for that Australian kangaroo suit you've always wanted which isn't available in your local shopping center? How will corporations marketing products to foreigners facilitate their economic exchange?

 

Guys, there's huge room for an explanation for this empty slot of utility to be filled. We all know exactly none of us will send certificates in the mail, that we won't send someone coins in the mail.

We're already primed for digital transactions and there's something like three different generations that are virtually dependent on it.

 

Shouldn't we discuss the available options at least? How is the best option not some decentralized blockchain token/coin?

Anonymous ID: d7f53d April 2, 2020, 6:59 p.m. No.8668425   🗄️.is 🔗kun   >>8448 >>8581

>>8608098

Okay… but I don't understand what this has to do with anon's virtual consensus (us all agreeing would be boring, but let's just suspend a more reasonable perspective for a moment) on US being reverted back to the Gold Standard.

 

Also, have we ever tried a bimetal standard?…

Anonymous ID: d7f53d April 2, 2020, 7:39 p.m. No.8668855   🗄️.is 🔗kun   >>8980 >>9043

>>8668581

<You didn't know we used to have a bimetal standard, anon?

Sorry, see the third post I made.

I went full retard and zoned out during my posting that.

 

I meant to ask how what you said had to do with the question I asked originally.

I may very well just be being lazy, but I'm not sure I see how we can answer the issue of making transactions with people that are hundreds of miles away.

Are you going to send your cousin in Maine a few coins for fixing your phone before he left from your house in Washington? What about your business partner in India? What if your mom gets robbed in Scotland on vacation and needs you to send her some money so she can get home/continue her vacation?

 

These are practical applications that can be answered by Crypto and I see it largely dismissed when I ask people to explain how to fix this impending situation by people that are only ever willing to discuss precious metals (which I have no issue with).

Again, I recognize the only real money is precious metals. Please don't just reiterate the same boring lecture most people fall back on time and time again.

 

>>8668726

The modern world of money laundering uses Crypto nearly exclusively. Cash is certainly still used, but the untraceable nature of Crypto has its shortcommings. After all, there's a reason people were so excited about it in the beginning (taxes).

You should be all in on silver. Besides, what the hell are you complaining about? This shit's on discount and you're going to complain?

Anonymous ID: d7f53d April 6, 2020, 12:44 p.m. No.8704992   🗄️.is 🔗kun   >>5186 >>5910

>>8695096

This is pretty interesting. I'm very excited to see if this comes to fruition.

However, and not to just harp on this non-stop, I think we can all reach a consensus about the coming economic situation and the need for a valued currency. I think the vast majority of us would argue that it's got to be something that has genuine value, like precious metals

With that being said, when was the last time, before the digital age, that a person sent certificates or coins to someone via mail to the other side of the country, or the next country over? How do international businessmen continue their transactions overseas when all they have available for use is certificates and coins? Will any of you trust your certificates with the land and sea shipment process? I can't see myself agreeing to that.

 

So, this undoubtedly begs the question - without Credit, how do we solve the demand for quick and trustless digital transactions? Is this not a huge question that few are willing to discuss? If the answer is simple and I'm just lazily overlooking it, I'd love if that were the case, but I have yet to be shown by someone kind enough to point me in the proper direction.

 

Does anyone have any way to explain this? I don't know where else to take this question.

Anonymous ID: d7f53d April 7, 2020, 1:10 p.m. No.8715146   🗄️.is 🔗kun

>>8713512

Agreed. I may just be a victim of confirmation bias, though.

 

Unfortunately, anon didn't make any additional suggestions beyond what I've long suggested will come to fruition. I suppose I'm just disappointed no one had a better answer. I was hoping that I just didn't know enough about things. Of course, the anon is very well read and seemingly much more interested than I've been. Therefore, I'm thankful that someone who's more knowledgeable can put in to words what I'm suspecting will arise.

Anonymous ID: d7f53d April 7, 2020, 6:21 p.m. No.8718037   🗄️.is 🔗kun

>>8715910

While I don't think this is a terrible assertion and enjoy the theme, I don't like this better than other blockchain technology, frankly.

After all, this is a probability man's game. See, I have no business playing my hand in the realm of guesses and, for that reason, I don't see much point in trying to insist it'll be X or Y.

 

To be more specific, XRP, BSV, even BTC itself don't excite me enough to go all in. I like to think my bags are both modest and nimble and I personally don't see the whole world of crypto going anywhere (at least) as soon as some here are suggesting.

What I'm really hoping for is a declassification of taxable holdings in the crypto future. That would both really help me out and, I'd like to think, help the innovative world of blockchain.

 

Of course, I also don't mind at all if I'm wrong because my intention this entire time was to ride the altseason wave and then cash out in to metals anyway. If I'm being honest, though, I do sort of prefer to see crypto have a bigger stake in all of this, particularly one of the ones I've chosen, more fore security reasons than anything else.

Call me lazy, but defending my physical holdings in the future doesn't particularly excite me.

No matter what the future holds, I'm just glad that people more dedicated and capable than me are out there. Some of the shit you guys put together hardly fails to impress me pretty regularly. I wouldn't have it any other way, anon.

Anonymous ID: d7f53d April 22, 2020, 9:56 p.m. No.8892929   🗄️.is 🔗kun

>>8883878

<Stop talking about that, goy!

No, but seriously answer the questions I asked:

How do you propose we solve the issue of not wanting to trust people enough to ship your girlfriend's parents a loan of twelve ounces of silver after they got robbed of all of theirs on a trip to Sweeden?

What do International Business partners do?

 

Credit is fucked, anon. If you won't face this, you're going to be shocked to your core once you're proven devastatingly wrong.

Once this happens, what's your answer to a world without digital transactions?

 

You don't have to accept this inevitability, but you do need to figure out how to fix the brainwashing you've incurred as a result of your amusingly dull filter to the methods we've all become rather accustom to here.

 

>>8883943

By golly you're just oozing with newfag, aren't you?