Crypto currency (IF banned from CA)

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Various big countries have projects going on to start their own cryptocurrency linked to their central bank, China has been trialling it already. Once these come into place - and they’ll be accompanied by restrictions on existing independent cryptos to facilitate this - then it will ruin most with perhaps only a few surviving. That wont be be for a while though so there’ll still be money to be made.
 
Various big countries have projects going on to start their own cryptocurrency linked to their central bank, China has been trialling it already. Once these come into place - and they’ll be accompanied by restrictions on existing independent cryptos to facilitate this - then it will ruin most with perhaps only a few surviving. That wont be be for a while though so there’ll still be money to be made.
Hmm, I think the big attraction is that the govt can't control your money. They can't seize your assets on a whim......in the US Civil Forfeiture is a real issue, but if you have cryptocurrency, at least big or little GOVT isn't getting that.

And for those who say "If you haven't done anything wrong, you don't have anything to worry about", well people subject to civil forfeiture in the US, even if innocent lose their assets to the police depts who seize them.
 
Hmm, I think the big attraction is that the govt can't control your money. They can't seize your assets on a whim......in the US Civil Forfeiture is a real issue, but if you have cryptocurrency, at least big or little GOVT isn't getting that.

And for those who say "If you haven't done anything wrong, you don't have anything to worry about", well people subject to civil forfeiture in the US, even if innocent lose their assets to the police depts who seize them.
Did you type this on three screens in a room with at least one The Matrix poster in it?
 
Yeah but I can buy shopping with my other make-believe money.
Can you imagine the reaction in the 1950's when people first tried to pay for things with a Diners Club credit card? Most of them would have been chased out of the hotel/store...... Nothing uptakes immediately, but the list of major companies who accept crypto is growing. Its slow, but its growing and it will eventually get there.
 

Did you type this on three screens in a room with at least one The Matrix poster in it?
3 screens, no matrix. Some Astronaut/space stuff up though......
Proof:

DSC-0084.jpg

DSC-0085.jpg
 


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