not your keys, not your crypto.
for a non computer programmer, what would you recommend for usb type wallet?
there is a straight forward guide here on how to setup and use a trezorfor a non computer programmer, what would you recommend for usb type wallet?
There are some coins that are backed by real-world hard assets like gold, silver, etc. These are called stable coins.Tell me again what backs Crypto?
Gold?
Silver?
Platinum?
Anything besides internet conjecture?
Tell me again what backs Crypto?
Gold?
Silver?
Platinum?
Anything besides internet conjecture?
There are some coins that are backed by real-world hard assets like gold, silver, etc. These are called stable coins.
Blockchain technology is interesting and will no doubt work its way into other areas, but, generally speaking, the only thing backing crypto is faith I never bought into crypto. Of course I wish I'd rolled the dice on Bitcoin in the early days, because I knew all about it but never "got it". I certainly wouldn't buy today.
The way I see it, technology needs to solve a problem. What problem does crypto solve? Critics of our economic system, especially ones who fantasize about returning to the gold standard, have been promising collapse for many many decades. Many crypto pundits sell crypto in the same way. It's going to save us when government-issued currency collapses (despite the fact that there's even LESS backing crypto than what's backing a government currency). I just don't see it.
The world doesn't need thousands and thousands of different currencies. That doesn't solve anything. It just makes things more confusing. If government-issued currency collapses, there's no logical reason that crypto would retain value. And, for now anyway, it's also a lot easier to pay with a credit card or Apple Pay or something similar than it is to use crypto. So, again, what problem does crypto solve?
Is the U.S. Dollar backed by anything besides corrupt politicians and an absolutely useless government?
So, in other words, nothing but a bunch of internet nerds opinion and conjecture? No wonder it's going bust. lol
Bitcoin is terrible for buying drugs or being used by criminals its not even private, every transaction is saved on the blockchain in public view, if you want to buy drugs and traffic humans, stick with USD plenty of better systems already in place to launder us dollars that's why criminals favor fiat.
eth2.0 which is proof of stake not proof of work low environmental impact, currently 1 million transaction per day.
10 million people currently use lightning network to make retail payments with bitcoin.
The numbers are not "Impressive" becuase we are still early, the 10 million using lighting netwotk are pioneers, 1 million transactions per day on eth2.0 is only one block chain, there 10 major block chains out there, solana does over 100 million transaction per day, bsc 3.5 million transactions per day, plenty of stable coins out there if fluctuations are too much to stomach, when btc reaches the top of its s-curve and there are no more huge gains to be made the average person will be brought in by companies and governments that spent 2 decades accumulating it while telling citizens its bad for them and useless, most circulating btc is already corporate owned.