1061
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Other / Politics & Society / Re: Trump Threatens to Cut US Contribution to WHO.
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on: April 20, 2020, 08:55:55 AM
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I'd just like to make it clear that I'm not supporting some weird conspiracy regarding the coronavirus. I don't think that the WHO is in bed with the Chinese, nor do I think that the WHO made up the coronavirus.
When I made my claim before I was talking about how I believe that the WHO was just slow to get the jump on the Coronavirus. I fully understand that they're just an advisory group to countries, but I think that with the amount of funding they receive to be the WORLD HEALTH ORGANIZATION, they should've been a bit more in front of this issue and been able to call China out on their BS. Just an explanation on why this didn't happen would be nice. Because I highly doubt the WHO and everyone running it wanted to just ignore this or did this on purpose -- that'd be career ending and would probably lead to some horrible events happening to the leaders of the WHO.
So yeah, that's my little explanation regarding the matter.
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1062
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Other / Politics & Society / Re: Trump Threatens to Cut US Contribution to WHO.
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on: April 19, 2020, 09:40:29 PM
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I do understand a large amount of the backlash against the WHO. We send large amounts of money to the WHO and in all honesty they probably should've reacted a bit faster to the Coronavirus outbreak in China and shouldn't have relied on Chinese authorities to ensure that they were being legitimate. You can' trust China when it comes to stuff like this, and I think the WHO was relying heavily on Chinese information which made their response slow.
Why send money to a global health organization that didn't really do much here? I know that they're probably handling many other things, and the Coronavirus wasn't their only medical issue to be handling -- but still.
If Trump was smart he'd start his own health organization that is run by US health officials and is properly funded for future pandemics.
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1063
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Other / Politics & Society / Re: Privacy and Covid-19
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on: April 19, 2020, 01:37:29 AM
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This can't be done without the government requesting a backdoor to access data for all of this information. The government is probably going to try to pitch an idea like this, they're most likely going to say that its done to ensure that during an emergency people are safe. Once this ends though, the government isn't going to give up stuff like this -- they're going to keep the program running and just continue to track people.
That's why we have the privacy issues we have today, all the monitoring, surveillance, etc didn't just come out of nowhere. An emergency happens where people just want action to come, then action comes through legislation, government grows and they don't give back that control after the crisis.
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1065
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Other / Politics & Society / Re: New York State requiring masks in public, starting on Friday
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on: April 17, 2020, 07:07:42 PM
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I guess so, just not a big fan of having someone else handle goods right now. But I guess you don't have much of a choice when it comes to all of the stuff that I'm getting from the grocery store once a week. God there's been a few cases in my grocery store that forced them to shut down for a few days, so I assume Etsy is probably the least of my concerns.
Shipped stuff has already been "quarantined" inside the box for a few days before getting to your doorstep. Besides going out is not just a risk for you but a risk for others too if you're an asymptomatic carrier. So, they have enough masks for all those people? I can see even for the health care workers there is not enough PPE equipment in USA so asking everyone to wear mask is the right thing?
There are no proper (like N95) masks for the general population. They're just saying "wrap your face in anything" basically. Oh you're right in regards to all of that, just a nerve racking time where the typical rational thinking brain of mine isn't really doing that. I'm fine and I don't have a medical condition where this could be lethal -- that's the case for most people. Still not a big fan of leaving and having to go out, and I assume that's similar to most people as well. Yeah no N95 masks -- just cloth on your face. Many videos on social media (I shared one from the surgeon general) and so on to show how to make one. It'll work fine for most peoples needs and it'll stop / slow the spread of the virus.
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1066
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Other / Politics & Society / Re: New York State requiring masks in public, starting on Friday
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on: April 16, 2020, 07:37:19 PM
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I wouldn't buy anything off Etsy personally, not a fan of having anything shipped to me now + it'll take too long to arrive.
Think of it this way: if you have a reusable mask you will need to disinfect it every day anyway, so disinfecting it upon receipt is no different in terms of risk. Lead time is a bummer. But still I'll take anything shipped over going to a store in person. Non-essentials go into a "quarantine" in my garage for 3-5 days. Essentials get bleached/washed/cooked. I guess so, just not a big fan of having someone else handle goods right now. But I guess you don't have much of a choice when it comes to all of the stuff that I'm getting from the grocery store once a week. God there's been a few cases in my grocery store that forced them to shut down for a few days, so I assume Etsy is probably the least of my concerns.
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1067
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Other / Politics & Society / Re: New York State requiring masks in public, starting on Friday
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on: April 16, 2020, 07:50:33 AM
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the best thing is to just make your own with a piece of cloth / shirt / etc.
Options for people who are all thumbs when it comes to sewing: 1) Use a stapler. May need some cardboard under the fabric so that staples don't get ripped out. 2) Buy a mask on Etsy - not particularly cheap or quick since it's manual labor + shipping but you're supporting the economy. 3) Or just use a scarf or anything really that you can wrap around your face. I see most people just using a scarf or shirt or something like that. Surgeon General put out a video showing people how to make their own mask: https://www.youtube.com/watch?v=tPx1yqvJgf4 (Scarf/T-Shirt, and rubberbands) Seems simple enough. I wouldn't buy anything off Etsy personally, not a fan of having anything shipped to me now + it'll take too long to arrive.
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1068
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Other / Politics & Society / Re: New York State requiring masks in public, starting on Friday
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on: April 16, 2020, 01:04:07 AM
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Good call, way too late. Unfortunately the CDC flipflopping with its recommendations and the shortage of proper masks has made a huge mess of this. How the fuck we can make a $1000 iPhone for everyone but not a $10 pack of disposable masks is beyond me.
I agree with this being the right call though, best way to limit the spread. I'm assuming the lack of production is because there never really was a demand for this sort of thing. While this is a horrible thing to happen to the country and the world, as many are going to die. The good thing that is going to come out of this is that the government should invest in having equipment in reserves for this sort of thing. Pretty much me pointing back to the Bill Gates talk on pandemics ( https://www.ted.com/talks/bill_gates_the_next_outbreak_we_re_not_ready?language=dz) which was right after the Ebola crisis about how we weren't ready. Would be great if NY could be providing them to people who can't have them or something like that, though I guess the best thing is to just make your own with a piece of cloth / shirt / etc.
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1069
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Other / Politics & Society / Re: Coronavirus Outbreak
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on: April 16, 2020, 12:51:48 AM
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https://www.foxnews.com/politics/coronavirus-wuhan-lab-china-compete-us-sourcesIt looks like the coronavirus was intended to be something that showcases China's ability to detect, and contain viruses better than the US. It is believed that "patient zero" worked in the Biolab in Wuhan, China and subsequently spread the virus to others in Wuhan. If this is true, I would expect the world to go to War with China within a year. No, no likelihood of war with China. There are legitimate reasons for working with such a virus in the appropriate lab. What most likely happened, something went wrong. Someone blundered, didn't follow protocol. Some idiot on the street found a way to get dead test animals from the lab, sold them in the market. etc, etc. +1 to all of this. Some people are freaking out and saying that this is a bio weapon, but I think that's so much bullshit. If this was a bioweapon by China, and the American intelligence groups had found that out by now -- Trump and the rest of his admin would've made that public. They would've wanted public support behind starting some sort of war with China (even if it's just economical instead of with a military) Plus the fact that if this was a bioweapon, this would've been a HORRIBLE bioweapon as they killed and infected a large amount of their own people while doing this. Just saying.
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1070
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Economy / Service Announcements / Re: FixedFloat — fully automatic cryptocurrency exchange with Lightning Network⚡️
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on: April 16, 2020, 12:35:46 AM
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Great site. I've recommended it to may people who are just getting into crypto and don't want to use any stabilized services. Works great, looks great, and is the cheapest in the industry (even when comparing with binance, coinbase) when dealing with low amounts of funds (anything below $100) when thinking of withdrawal fees and others present on large exchanges. Now we have a blog - https://fixedfloat.com/blog ✍️ We promise to write only interesting articles and answers to the most popular questions from our beloved customers❤️ Best regards, FixedFloat team. Think big. Exchange wisely. I guess this blog isn't being used anymore? Doesn't seem updated.
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1071
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Economy / Service Discussion / Re: Can bitdeer be profitable?
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on: April 16, 2020, 12:31:57 AM
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Hello, looking at bitmain's page I found this web https://www.bitdeer.com/pricing?id=1Where they seem to offer lots of plans with very good design and that kind of stuff.... The thing is... if it was profitable the way they offered i for the user, why would the do it in the first place? I can think in some reasons, such as liquidity and that kind of stuff... Has anyone tried it? it has a we can say "fuck you anytime we want to" clause built into it. When they used to be hashnest or should i say when bitmain was running hash nest in 2017 and coins got smoking hot they should fuck you and cancelled the contract. While I still turned a profit even with the cancelled contract 1.0 btc became 1.1 btc and btc was 1500 usd when I purchased and 5000 usd when they cancelled using the fuck you cause we can clause. If they had honored the contract the 1.0 would have been 1.2 btc and it would have came due in dec 2017 when coins were about 16000 usd. I read all the fine print on bitdeer and I do not recommend buying one of them. you are better off with buying coin with cash. Yup, this is it. I've tested it alongside JackG at a certain point in time, and honestly it's just based on your luck. BitDeer is literally able to come to you and say -- we actually are having technical difficulties right now so you're not going to get paid for x amount of days, though we'll credit you at the end. At first glance this doesn't sound like an issue, though when you actually look at that that's NOT OKAY. Because they're going to credit you at the end of lets just say 6 months or so, what that does to you after difficulty adjustments is that it really gives you about 50-75 percent of the mining value of today. If you were able to confirm that they were fully legitimate and not lying, then MAYBE it would be okay. But you're not able to confirm this. They can take hours from you whenever they want, pocket the difference to make some money, and then give you shit at the end. Not worth it. If you make money you're lucky.
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1073
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Economy / Economics / Re: China will rule world as economy king after crisis end?
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on: April 16, 2020, 12:16:14 AM
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If we're talking about gdp, China have a far way to go.
It might be important to note that I think apple are moving taxable operations back to the US from the Irish Republic so we might see their gdp go up quite a bit if other companies follow too.
China always had a high number of exports before now, everything used to be produced in China and since they became in to getting more money (or having their reputation drop) more things I've noticed here are being assembled in the EU from being printed in China, Bangladesh or Thailand.
Ya have a source on this? I know that Apple was repatriating some money -- maybe in the realm of $50-100b or so due to the tax law changes which they thought were worthwhile to bring money back. Though I don't think they're going to bring ALL on the book operations back to the US. If they do, all that means is that the US government is going to have more tax funds and the lawyers at Apple have decided it makes the most economic sense to do as they need the cash here ASAP. If not: They don't need the cash here and they foresee another tax change or repatriation period sometime soon.
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1074
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Other / Politics & Society / Re: Amash 2020
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on: April 16, 2020, 12:07:44 AM
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I thought I was going to read a thread on how the Amish people were the best to run the country or something like that, was ready for a weird nutjob discussion. But Justin Amash, alright.
I know there were some conspiracy theories (unknown how legitimate they are) that Amash was getting money from some Chinese interest groups. But this guy isn't going to get anywhere. He's not a Republican and he's not a Democrat, he's this weird middle without any association. Has no shot and is most likely just trying to keep his rep job cause Republicans are going to mount a LARGE campaign against him come primary season.
Maybe I'm just too stuck in thinking the only way you're able to stay in power is by associating with one of the parties. We'll see when this guy runs for election for rep (doubt he'll actually run for President)
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1075
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Other / Politics & Society / Re: Known Pedophiles How to ruin their lives? Tips?
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on: April 15, 2020, 11:54:11 PM
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None. Just my word against his since my friend is dead.
You can still file charges. Other people may come forward as well. +1 to this. Just file charges. I wouldn't do anything that could put you in some sort of legal trouble if this person is to file a defamation suit against you. No reason to risk it. People at the police office will totally take everything you say seriously and forward it over to whoever it needs to get to (Ex: Sex offender list) if warranted.
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1077
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Economy / Economics / Re: US potential Recession and its effect on Cryptocurrency
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on: April 15, 2020, 06:18:15 PM
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Why would the market ever treat BTC like cash? We can already rule that out based on the 64% crash last month. In a liquidity crisis and recession, people obviously dump BTC for cash.
It's not treated like gold either. Gold only fell 15% and is now trading higher than it was in February and March. BTC dropped 64% and is still down 35% from its February highs.
The market obviously believes BTC is much, much riskier than either cash or gold. It is its own asset class, a very risky and experimental one.
Ah, this is one of the first times that I've found someone that talks similar to me. You're without a doubt right. In the event of a crisis where people are losing their jobs, retirement funds are crashing in value (not too bad with the markets recent rally, but still), tenants (residential and commercial) stop paying, and so on -- PEOPLE ARE GOING TO SELL OUT OF THEIR SPECULATIVE INVESTMENTS FOR SHORT TERM CASH. Maybe a few years ago this wouldn't be the case, but bitcoin is more speculative now. Interesting, why do you think BTC is more speculative than it used to be? I figure the longer BTC sticks around, especially trading at impressive values like 4+ figures USD, the less risky it becomes over time. Every year the "BTC to $0" scenario becomes less likely. At the same time, let's not kid ourselves: it's ~11 years old. It's a baby. It's a brand new experimental asset class. It would be crazy to consider it a store of value in a liquidity crisis. First things first, I'm not saying that Crypto is going to go to $0 sometime soon. Though I do think the massive swings in volume are going to take away from the legitimacy of thinking that crypto or just Bitcoin can be used by companies, consumers, merchants, etc. You're right, this is a new experiment. I just think a lot of people in this space think that because the stock market is going down then crypto is going to moon because its ANTI GOVERNMENT AND ANTI TRADITIONAL. Just wanted to show that's not the case, and it's all interconnected in someway.
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1078
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Economy / Economics / Re: Bank Of England (CBDC) Central Bank Digital Currency -
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on: April 15, 2020, 05:54:41 PM
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This sums it up: As discussed above, CBDC would need to be compliant with AML regulations, which rules out truly anonymous payments. Never before has AML been a consideration at the currency level. At the third party banking and money transmission level, sure, but now their plan is for every pound you own to your name to be clocked in the system and traced. They think we're so stupid that all we care about is whether our local supermarket or Amazon is tracking our data. The way I see things, these CBDCs will take decades to become pervasive in society. Right now and for the next few years they are purely experimental. Even once they are cleared for widespread usage, there is no way they will completely replace traditional currency. Liberal countries will not discriminate against the elderly that way. Any plans to phase out physical cash, I think, will take place over decades. The silver lining there: Fiat currencies may be collapsing (or already collapsed) by the time they try to mandate cashless payments. I mean I hate to be pessimistic, but do you truly think that FIAT governments are going to go poof by the time that these are working? I've heard that China is literally rolling out some testing right now regarding their digital currency ( https://www.coindesk.com/chinese-state-owned-bank-offers-test-interface-for-pboc-central-bank-digital-currency) Governments won't go poof of course. However I think a massive retooling of the global monetary system (the same magnitude of change as the Bretton Woods agreement) could happen in the next 2-3 decades in response to currency crises. Even if they are in testing now, I'm betting the transition to entirely digital money (physical cash banned) will take decades too. I'm not like many in the crypto community when I say that I don't think that world governments are going to let this happen so easily and without their intevention. I've always said, if world governments thought crypto was a real threat they'd shut down everything and physically attack miners, coders, etc. BTC is not a threat to fiat currencies. The smarter governments know that. The main threats to fiat currencies are mounting debt and a free floating exchange system based entirely on faith. Governments would of course reboot their currencies in the face of default. I think they would be pressed to peg their currencies to physical reserves (like gold and silver) or foreign currencies that are so pegged. I think it is more likely BTC becomes a reserve asset underpinning currencies (like gold) than it is that governments would attack the Bitcoin network within their borders. Maybe both scenarios are unlikely, but there's really no point in attacking Bitcoin at all, especially unilaterally. Do I think the montetary system will change? Yes. Do I think that people will move further and further towards digital currency in the next couple decades? Yes. But I think this digital currency is most likely going to be government sponsored currencies. Unless Crypto changes a good amount to make it more attractive to people in the West. I've spoken about this with multiple members of the forum and we've all said that bitcoin is cool for nerds like this, but for most people they don't see the need to use all this crazy stuff that isn't stable and is not really easy to use as an older regular person. But when you're talking about debt -- I do truly think that debt is going to be an issue for countries as it is now. It is going to spiral out of control, and I'm unsure what the plan is when interest payments are set to exceed items such as the NATIONAL DEFENSE BUDGET FOR THE US. I don't think it's going to make countries default and go under -- because at that point we're most likely in some sort of war / civil war / uprising. But we'll see.
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1079
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Other / Politics & Society / Re: [SERIOUS] What do people think of direct cash payments (US stimulus package)?
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on: April 15, 2020, 07:30:13 AM
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LOL not a ton of pork in it. It is literally 98.6% pork. The 1.4% accounts for the checks people will be getting. I wouldn't say its that much. Good amount of money going out to small and large businesses if you're smart enough to apply for either the EIDL or the Paycheck Protection Loan, both are fully forgivable and allow people to continue paying payroll to keep employees on. Unemployment benefits have been beefed up by the US government, giving people another $600 a week on top of whatever your state was giving you, to ensure that the millions of people who have filed for unemployment are able to pay their bills and such, as this is an unprecedented situation where no one is able to find work for the coming months if you got laid off. While yes, it's expected that there is going to be some beef. But the stimulus checks aren't the only things that regular everyday people are getting here. Many things people can get to keep them afloat.
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1080
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Economy / Economics / Re: Bank Of England (CBDC) Central Bank Digital Currency -
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on: April 15, 2020, 06:59:53 AM
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Thought's and comments welcome on this subject do you think this is the steps to full control over people and there spending?..
This sums it up: As discussed above, CBDC would need to be compliant with AML regulations, which rules out truly anonymous payments. Never before has AML been a consideration at the currency level. At the third party banking and money transmission level, sure, but now their plan is for every pound you own to your name to be clocked in the system and traced. They think we're so stupid that all we care about is whether our local supermarket or Amazon is tracking our data. The way I see things, these CBDCs will take decades to become pervasive in society. Right now and for the next few years they are purely experimental. Even once they are cleared for widespread usage, there is no way they will completely replace traditional currency. Liberal countries will not discriminate against the elderly that way. Any plans to phase out physical cash, I think, will take place over decades. The silver lining there: Fiat currencies may be collapsing (or already collapsed) by the time they try to mandate cashless payments. I believe that the COVID-19 outbreak will be the catalyst for them to want to remove cash from our society's the argument will be that cash spreads disease.
Our smart phones, credit and debit cards have been shown to be extensively germ-ridden. Seems like a ridiculous argument to me but I'm sure people will fall for it. I mean I hate to be pessimistic, but do you truly think that FIAT governments are going to go poof by the time that these are working? I've heard that China is literally rolling out some testing right now regarding their digital currency ( https://www.coindesk.com/chinese-state-owned-bank-offers-test-interface-for-pboc-central-bank-digital-currency) I'm not like many in the crypto community when I say that I don't think that world governments are going to let this happen so easily and without their intevention. I've always said, if world governments thought crypto was a real threat they'd shut down everything and physically attack miners, coders, etc. But yes -- if countries are able to go to using digital currency, they're going to be able to TRACK EVERYTHING. Which is a major problem. People don't think it, but fiat currency cash is literally the best way to be off the grid with. Bitcoin really isn't. I love crypto and everything about it, but I think we believe that crypto is completely separate from fiat and traditional financial markets when it truly isn't and we all know that in the back of our heads. Sidenote: Can we compare the Bank of Englands nice clean website with the federal reserves website? Kinda sad to see that the Federal Reserve (US) has such a horrible site that doesn't show anything clearly.
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