You’ll Pry My Cash From My Cold Dead Hands

20 Replies to “You’ll Pry My Cash From My Cold Dead Hands”

1. Crypto is like having a bank account that can be stolen digitally at anytime. it is backed by thin air and is not a tangible asset worthy of time and effort, the more they push the more resistance should be put up. Crypto is the ultimate control over the populace if cash goes away. resist the digital takeover

   1. You don’t know squat, and you probably work for a fiat banker.

2. No crypto nonsense for me. My 2 month stockpile of pasta will be worth at least a mil once the starvation riots begin. #bringiton

   1. I agree wth your approach of investing in things people NEED, but I think your pasta funds are short term.

      1. Better to have canned wheat berries and a good Grist Mill.
         Them berries can last a loooong time.

3. Three centuries ago, Voltaire said that paper money eventually goes down to its intrinsic value – zero. The same can be said now for cryptocurrencies.

4. Crypto is beyond the reach of gov’t.
   That is its value…
   This theft is no different from stuffing cash (or silver) under your mattress and having it stolen. It’s still worth the same as it was yesterday, but to someone else.

   When gov’t starts issuing crypto, those cryptos will “eventually” be worth the same as their paper currencies, and for the same reasons. (free money!! for all my friends…)
   Non gov’t issued crypto, will be available still, at the going exchange rate, same as silver and gold, ammo, or pasta for example…

   1. I wish I had your optimism.

      I WANT to like crypto as I like the idea of a non-governmental currency.

      But I have zero faith that governments will allow a currency to flourish that is out of their control.

      Even if they can’t crack the code, what happens when they just outright outlaw it?

      1. And then there’s this take.

         https://twitter.com/warrenksmith/status/1516562279134744578?s=20&t=nHHvIlPOTMVn5q3ZGKJt7g

         1. There are a number of countries around the globe which do not restrict the conversion of crypto currencies to fiat currency or those which permit it to be used for real estate transactions, auto purchases, localised silver and gold purchases, and some which do not tax it at all.

            Those countries, are beyond the reach of the gov’t of canada, even when they say “this is against the law”

            If tier 2 Canada chose to tax it, restrict its usage or trade, thinking people will simply go to other jurisdictions to do the deed there. The gov’t of Canada plays no positive role in the crypto currency world, even by permitting its use here in this over regulated land…

            Gov’t that doesn’t try to control it, but simply taxes those transactions which occur with fiat currencies converted from cryptos, will still benefit from people buying houses, buying cars, eating in restaurants, buying blue jeans in foreign lands…

      2. “Even if they can’t crack the code, what happens when they just outright outlaw it?”

         All a question of encryption. What they cannot decrypt, they cannot outlaw, ’cause its just a bunch of 0s and 1s, like all the rest of the data. They make crypto cards that communicate with the Master Card network, among others, where you can spend crypto in stores just like it was dollars or Euros. Some of these are even anonymous. These work wherever on the planet MC is accepted, no matter what crypto banning laws may or may not be in place.

5. Did the Bidens take it?

6. I like the idea of a currency being beyond control of governments, but unfortunately I understand computers and any algorithm can be defeated eventually. Remember, the WWII Germans had great faith in their Enigma machines.

   So, we must find monetary security elsewhere.

   1. Some encryption schemes would take all the world’s computers running for longer than the universe has existed to crack, but they’d crack it…eventually.

   2. But is anyone actually using it as currency? Right now it looks just like the old “penny stocks”

   3. Have Soviet codes been cracked?

7. Did Prinz Dummkopf just make a large donation to his slush fund–oops! “foundation”?

8. That’s what happens when all the currency users keep their money in the same bank, and then that bank gets robbed.
   The only thing threatening current blockchain security is quantum computing, and of course, nothing is foolproof. You can use shady exchanges, management companies, etc, to manage blockchain assets, and get burned.
   One thing you’ll never see is hyperinflation of bitcoin, or etherium, or monero, etc.
   The people here claiming crypto is actually gov’t or WEF or whatever digital money are bald-faced liars.

9. “You’ll Pry My Cash From My Cold Dead Hands”
   They’ll devalue it to the point its worth nothing.
   They can’t do that to crypto.

10. For maybe the first time ever, it appears I differ from Kate on an issue.

    Bitcoin is the future, of that there is no doubt. People who don’t think so do not understand it. Which is to say they haven’t spend the time to learn.

    With the burgeoning of layer 2 and layer 3 tech, the fables “S” curve of adoption is underway.

    Notice I say Bitcoin, and not crypto…

    Get orange pilled, invest at a minimum 5% of your portfolio.