I should probably start this stating I am pro-blockchain. But, I feel an alarming amount of people within crypto collectively are misguided and misunderstanding the trade-offs on the individual level.
Privacy:
Most blockchains promote transparency. This is a great concept for most government branches and institutions alike. However, for the ordinary individual, this is a loss of freedom. Whether via mandatory KYC linking or alternative methods, once tagged, your private finances will be public knowledge for absolutely everyone to see.
Dependency:
As an individual, you have now formed a mandatory dependency for electricity. This typically would not be seen as an issue but it still remains a luxury we have become accustom to taking for granted. Without electricity for your digital asset, you don't have access. Radical perspective but goodness forbid the unfortunate event of an EMP discharge. Good luck bartering without have proof of funds.
Weaponization:
I would like to think this will never happen but history shows humans weaponize anything they can leverage against another. In a society that has achieved full adoption, tactics can be used to control people via financial blocking.
Imagine facial recognition merged with blockchain in a cashless society and you somehow get blacklisted. Now you are unable to buy anything retail because no one will accept your payments. If you take items to survive, you are stealing, further supporting the reasoning for blacklisting.
As I started this with, I am pro-blockchain but people really need to wake up and realize what they are promoting on the individual level. This isn't financial freedom, it is the final levels of financial imprisonment. Transparent blockchain has its place in government and institution but it is far less than ideal on the individual consumer level.
@traderview2 I feel inclined to assume that implies XRP is about to have a nice leg up and Binance wanted to liquidate some longs before it does. Wouldn't be surprised if the recovery was them as well 🤣
@FunkyChicken251 Agreed, they have transponders on the bikes and could have reasonably claimed more. The kid has talent and his temperament is progressively improving. He is improving but definitely needs more time before he becomes a constant threat to the Lawrence brothers.
@cryptorover Are all of you in a group where you correlate strategies for content? Literally just saw the same comparison with 1 month candles versus 15 minute candles. Now stumble across your example, 1m vs 1hr... The only warning here is your comparisons are broken.
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@Johnkmzea13@leadlagreport Do any of you realize that the fundamentals in which Bitcoin was developed for, failed? It has pivoted multiple times in attempts to capture a market. It literally survives on hype
@BitcoinHopium This is who you guys look up to? If you buy them all, you can price whatever you want but that doesn't imply anyone is buying. Absolutely delusional!
@riverwolf0518@fammetaX I'm convinced we are all "early" still. Honestly can't take full credit on discovery, a colleague mentioned a nuclear article. In response the more I researched, the more conviction I found. Unless a new technology is released, I believe this entire sector should be hot for years
@Mikey1626407@akafaceUS That is the part that worries me. We automatically assume if they have developed the means to make contact that they are superior across other sectors as well. Thats like saying someone who is good at baseball is also a race car driver because they excel in that one sector.