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Posts: 295
0 votes RE: Why I Disagree with Socialists

Automatic cars are what serve as the strongest counterweight versus human autonomy in first world countries. 

Without a need for cars stops a need for truck drivers, delivery drivers, taxi services, even gas stations. There is a reason Union Interests have opposed the self-driving car, and it's not safety concerns as much as that might be the story they're spinning towards the common man. 

Eventually the curtain will be lifted and the technology will be unavoidable. There will be few to no writers, artists, laborers, everything, and we'll have tons of time to sit there and question what to do with it. It will be a retirement of the human race overall, it will be the exception to the rule to see a human laborer past a point in our timeline. 

UBI makes the most sense, and Post-Modern Socialism is the way to make it happen. 

Cars hamper human autonomy in general but they have horizontal dominance by taking up space, same reason suburbs became so strong is because of horizontal dominance in neocolonialism America.

Imperfect Priest of Determinism
last edit on 11/2/2024 11:36:39 PM
Posts: 295
0 votes RE: Why I Disagree with Socialists

Only a few cryptocurrencies are private. Monero is the most popular one. 

The rest of cryptocurrency is very trackable. The blockchain keeps a record of every transaction a wallet has made, forever without anyway to alter it. In the space there is something called an On-Ramp, this is were we're able to cash in and out of crypto. Some governments have already issued rules for on-ramps such as keeping track of who is buying and selling Crypto. On-Ramps are all KYC ( Know your customer ) The On-Ramps can then see which wallets their customers send their cryptocurrency to, and they can see the entire transaction history of that wallet. Most on Ramps are exchanges, while some are dedicated to cashing in and out. ( It's cool when we cash out, the on ramp will show the total, then we can wire it to the bank. ) Transparency on the Blockchain is part of what made it possible to store value on it. For it is the truth on who has what. If it wasn't transparent, then any ass can fake a token and multiple it behind closed doors. The project would then have no value. 

Bitcoin being the least advanced cryptocurrency is very trackable, same with Ether and everything on the Ethereum Blockchain, and other blockchain networks, except Monero. Monero is that one coin governments want to outlaw and it's more recently  been blacklisted on some exchanges, when really it's like cash. It's the coin the Bitcoin noobs should love because it's what they think Bitcoin is.


Can Bitcoin replace the finance system ?

Nope. Bitcoin can only handle 7tps. Some transactions will take 10-15 minutes while some Bitcoin transactions have been known to take up to 3 hours. If the world started "widely" using Bitcoin as a currency. The Bitcoin blockchain will be ddos attacked endlessly. The way to do this... it will have to be placed in a reserve and it'll be used to back another currency. A Bitcoin standard currency. This also won't be good cause then more people will use Bitcoin because of that and congest the network.

A quick look at VISA and we see it can handle over 56,000 tps, while other credit card companies are the same. There are different reasons why people get into crypto. Some do it cause they want to get rich but at this point in time Bitcoin will not make those who can't afford a full BTC into a millionaire. Then there are those who get into cryptocurrency cause they are simply activists who think it's a way to stick it to the man, or the government, while their hopes and dreams for society and cryptocurrency won't be happening with today's blockchain technologies.

Monero is not energy dominant so it cannot compare. Bitcoin can use the lightning network and fiat is artificially inflated so those big numbers don't mean anything. Everything you're saying is just stupid and wrong beyond belief. Bitcoin/crypto doesn't "inherently handle less than VISA can and is more vulnerable to ddos than tradfi because of magical reasons," and Bitcoin is not supposed to be as inflated in numbers as fiat to begin with, nitwit. Bitcoin and crypto is adaptable and doesn't have inherent weaknesses that tradfi doesn't have like you pretend.

You don't understand crypto technology (or tradfi technology) at all if you pretend like tradfi has special advantages that don't actually or logically exist.

Imperfect Priest of Determinism
last edit on 11/2/2024 11:49:07 PM
Posts: 295
0 votes RE: Why I Disagree with Socialists

You are honestly a big fucking idiot (even more than tryptamine) and get out of my threads moron. Monero is shit because it doesn't compete for energy like Bitcoin does. There is no second best.

Imperfect Priest of Determinism
last edit on 11/2/2024 11:51:02 PM
Posts: 354
0 votes RE: Why I Disagree with Socialists

The Bitcoin network was in dire need of a dual layer solution. 

Basically no one uses the lightning network though. 

Bitcoin does 7 transactions per second and cannot accommodate the world. 

The biggest BTC holders are whales and corporation.

.

.

.

The issue with the Lightning Network, is that it relies on off chain transactions, while the BTC blockchain doesn't scale. 

True stuff. 

EDIT: Oh, And Bitcoin isn't the best at what it does. It's just older than everything else. plus it's branding is more wide spread. You can't really afford it though. 

last edit on 11/3/2024 12:03:51 AM
Posts: 295
0 votes RE: Why I Disagree with Socialists

lalalalala cant hear you leave my threads thanks

Imperfect Priest of Determinism
last edit on 11/3/2024 12:11:52 AM
Posts: 354
0 votes RE: Why I Disagree with Socialists

XMR cannot be traced. And it's blockchain tech. It's also faster. 

If BTC was more like XMR no one would complain. 

Posts: 295
0 votes RE: Why I Disagree with Socialists

XMR is dogshit that has zero real space.

Imperfect Priest of Determinism
Posts: 354
0 votes RE: Why I Disagree with Socialists

Last cycle XMR outperformed Bitcoin in growth. Like MANY coins do.

I mean people could've bought it as low as $39 dollars and sold it for $470 last cycle.

12x capital gains. Not too bad. Mmhm.

 

EDIT: I don't fuck with XMR though. I deal with better things. 

last edit on 11/3/2024 12:17:24 AM
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