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To: cymbeline
Exactly the opposite. $ transactions are easily spied upon (if you even want to call it spying it's so easy for the appropriate parties to access your data). With crypto at least there are varying levels of privacy. We're not dependent on a national government running their currency into the ground through mismanagement, government debt driving inflation and so on.

I deal with fiat currency international TX every week and it is a huge pain in the butt. Reams of information have to be provided, transfers take hours or days, with costs ranging up to dozens of $. Errors in processing are common. By contrast I can send Nano around the world 5 times a second at 0 cost, needing just a single character string to do so. No counterfeiting, no forged checks, no clawbacks, etc. While there is a learning curve and plenty of expensive scams and mistakes for the unwary, overall it's a dramatic step forward into the future.

11 posted on 09/20/2022 9:41:14 AM PDT by EnderWiggin1970
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To: EnderWiggin1970

“Exactly the opposite.”

I see the value in what you’re explaining.

I’m thinking of big brother prying. They’d know I went to a crypto site. They’d ask me what I spent or received. Could I say ‘not telling’ and not end up in jail?

With keystroke logger installed on my computer, could they tell where the money came from or went to?


14 posted on 09/20/2022 11:38:19 AM PDT by cymbeline
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