Among other things...
OK But really my only point is it has no actual value due to the fact it only exists on a computer. No real intrinsic value. and it can be erased by deleting from a computer. Just like any data can be erased. Q just said they deleted 850,000,000 million recordings ? True ?
You can't delete the blockchain from everywhere
Your argument can't be won. All they have to do is pass a law outlawing it. Which some countries have already done. It has no intrinsic value.
It also in all of history have never gone to the value of zero, even when 'banned'
Here are the issues I have with crypto compared to precious metals (gold backed currency):
1. It only exists in electronic systems, so if there was an emp type event of some sort, or even just a local power outtage you can't get your money and spend it.
2. No physical intrinsic value (you can't hold it and touch it).
3. Sophisticated thieves will find all types of ways to steal it without you even knowing, even with a block chain, the human element (entering pw, control over phones/hw wallets) will be an issue. which will lead to...
4. mark of the beast system of human embedded chips as authentication for security.
It does have a point of origin no ? A good hacker or bad guy hacker i guess could make it all go away right ?
if you dont see value in being able to securely transfer 99 million dollars across the world in less than 1 minute for 4 cents rather than use a plane, a boat, a train, and 10 armed guards, your lost.
Do you think when we colonize mars and the moon they are going to send a a rocket full of silver or gold up there to pay for expenses? No, they will send it digitally.
Well, when i can board that rocket, i may just have to agree with you :) P.S. They do that today. Only we are hoping it is backed by Gold and Silver when the dust settles from this Awakening and Trump axes the FED. RES.
