Crypto Currencies

[Pollushon]

Like most classic computing cryptographic technology it will be vulnerable. Blockchain is the least of our worries. That said it could be a good 1-2 decades before it's anything of concern and the very quantum compute that can attack will also be able to defend. It will be more of the the same ongoing cat and mouse game

 

[Skydrol]

Crypto ATM?

https://twitter.com/i/web/status/1440366734590951425

 

[Pollushon]

Crypto ATM?

https://twitter.com/i/web/status/1440366734590951425

You don't get out much. They've been around for years. Like 2500 of them in the US alone

 

[Skydrol]

Is not about the existance of Crypto ATMs, is about that is legal tender in El Salvador for all transactions and purposes. Is the 1st nation in adopting Cryptos and integrating to their banking system.

 

[Pollushon]

Why not add that to the initial post? Given how impoverished El Salvador is, can't say that's a bad idea. Good luck to them

 

[Skydrol]

Will see if these Cryptos deliver what is claimed. Let them have them and see how they do. Is either do good or go bad, they are already poor, perhaps the cannot go any lower than that. However, if they do good, a mass migration.

 

[Skydrol]

Lets see how this works out, each time the Gov get their paws on some, it always turns in to shît.

Zerohedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

US Crypto Regulation Far More Invasive Than We Thought

Detailed analysis of proposed US regulation. The new Digital Asset Act regulates most crypto activities far stricter than we we thinking.

decentralizedlegalsystem.com

 

[Pollushon]

That's the point of crypto, it's decentralised, grub away. Most they could do is a pump and dump. Elon can do that with a tweet

 

[Immortality]

Pump and dump.....

Aye

 

[Skydrol]

Pump and dump.....

Aye

Not discarting that possibility, we will see.

What gave Cryptos a confidence push was the Chinese. The wealthy decided to take their cash out and used Cryptos to laundered. Then, the CCP closed the exchanges and the prices tanked. Perhaps is manipulation to meddle with the Crypto's confidence. Lets give it time to sort itself out.