To: millenial4freedom
The great reset:
“you will own nothing and be happy”
People sure seem happy to put lots of their money into something that could be worth nothing overnight
To: Mount Athos
At least you can plant a tulip bulb and get a beautiful flower.
5 posted on
01/22/2022 8:25:54 AM PST by
cuban leaf
(My prediction: Harris is Spiro Agnew. We'll soon see who becomes Gerald Ford, and our next prez.)
To: Mount Athos
There's one problem with digital currency and it's called quantum computing.
The blockchain accounting algorithms that power cryptocurrencies could be vulnerable to sophisticated attacks and forged transactions if quantum computing matures faster than efforts. There is huge money being invested in quantum computing and who has the largest and most computer centers in the world? The answer would be the NSA.
Not only could the US government/NSA utilize their supercomputers to generate bitcoin in order to finance clandestine activities (instead of selling illegal drugs to Americans) and flooding the market with digital money leading to digital currency inflation. They could also rob "the right people blind" for political purposes or crash a particular digital currency entirely.
I am not saying “don't invest” but to just be aware of the risks and finding ways to lock in your gains to reduce exposure.
https://www.cnet.com/personal-finance/crypto/cryptocurrency-faces-a-quantum-computing-problem/
27 posted on
01/22/2022 8:39:48 AM PST by
WMarshal
("Those who would give up essential liberty, to purchase a little temporary safety, deserve neither.")
To: Mount Athos
“People sure seem happy to put lots of their money into something that could be worth nothing overnight”
the very definition of a bubble ...
87 posted on
01/22/2022 12:40:15 PM PST by
catnipman
(Cat Nipman: In a post-covid world, ALL science is now political science ...)
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