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6/19/2025, 1:22:52 PM
>>507968786
crypto has two legit use cases
1 NFTs (which can revolutionize authentication and chain of title, i have been saying this for years)
2 smart contracts
and these two forms can have a place in our currency
there will never be JUST ONE FORM of ANY currency
Remember, ANY strong, NATIONAL currency HAS MANY FORMS, never just one (fiat paper, metal bars and coins, digital, check, money order, smart contracts, NFTs…)
i thoroughly enjoyed and have appreciated young coders absolutely eviscerating the Fed's monopoly on currency while the Fed flopped around impotently like a fish out of water, but crypto will not replace cash, ever
the people hold the power now, they just don't use it
we could all stop every scheme they have make them entirely worthless, simply by using cash as much as possible and leaving your phone at home more often
but people will not do this, even though they can and it is very simple
let me throw this in:
Sweden's 7-year, 98.8% cash-free, CBDC pilot just failed
Swedish officials said a sole-CBDC was a national security threat, only enriched the already-rich and cut the vulnerable entirely out of society.
fucking kek
pic rel
crypto has two legit use cases
1 NFTs (which can revolutionize authentication and chain of title, i have been saying this for years)
2 smart contracts
and these two forms can have a place in our currency
there will never be JUST ONE FORM of ANY currency
Remember, ANY strong, NATIONAL currency HAS MANY FORMS, never just one (fiat paper, metal bars and coins, digital, check, money order, smart contracts, NFTs…)
i thoroughly enjoyed and have appreciated young coders absolutely eviscerating the Fed's monopoly on currency while the Fed flopped around impotently like a fish out of water, but crypto will not replace cash, ever
the people hold the power now, they just don't use it
we could all stop every scheme they have make them entirely worthless, simply by using cash as much as possible and leaving your phone at home more often
but people will not do this, even though they can and it is very simple
let me throw this in:
Sweden's 7-year, 98.8% cash-free, CBDC pilot just failed
Swedish officials said a sole-CBDC was a national security threat, only enriched the already-rich and cut the vulnerable entirely out of society.
fucking kek
pic rel
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