)Oh yeah I can totally agree with your final points there, but I don't really think freakin' posers are bitcoin/crypto-worlds fault. Like you said, they're everywhere fame can be had, so when bitcoin went to 20k a year and a half a go, everybody flocked to the scene, much like they did to the cdj's when EDM was the new cool thing, and made life miserable for dj's and producers alike. And I bet they ran to the poker scene to when that become popular after celebrity poker brought it to the masses. i think even one of the bigger faces in the "youtube lambo instagram crypto" crowd came originally from poker, Doug Polk or something. Honestly, I used to watch his videos, much because he was alot about exposing this one scam called bitconnect that i followed. and i do remember the scores of bitoin babes who 'just got their new mining rig and also look at my new bikini' who kept creeping on me on insta :P
but yeah, fame&fortune seekers, theyre everywhere, and theyll ruin everything you love! :P
as far as uses, i do think you're defining the 'black market' a bit narrowly. If it can be used for drugs or sex slaves, it can also be used for pretty much everything else, and those that used it purely illegaly would push for it to be used in other way as well, to further obfuscate their dirty deeds. but thats really more for other cryptos than bitcoin. bitcoin is pretty easy to track honestly, and offers no innate anonymity features. the 'truth telling' feature is in fact what many people like andreas antonopolous is heralding as one of its greatest qualities.
and if how banking works change, then i see bitcoin as a good alternative. and stocking up now when its low, and maybe sell a bit if it goes on an insane bull run and trade for gold? i mean, there are dumber ideas.
they have done the first human chipping where they place an rfid device in the hand of a human guinea pig, they did it live, and then they transferred money from his bank account to another, simulating a payment. i think sabadell w the affiliated bank. i know for a FACT that there are many people who will RESIST this chip. bitcoin might be the alternative for these people.
Edit: Forgot about the part about digitally storing money vs cashless society, i do not see the two as one and the same. i have money on my bank account which i can access digitally now, through my regular banking.
it's already here, that the currency is not being 'recognized' by banks doesnt mean people don't want it, just look at the black markets.
i do believe there's a distinction between digital wallets and
full-on cashless. we can use our phones today, but it's still not everywhere. i think probably the level of coverage that will be offered by 5g combined with rfid chip for payment/id purposes will usher in the cashless era. updated prognosis is 50% worldwide coverage within 2025, but most of the US is covered by then, with Africa etc still lagging, and then full implementation within 2030.
Last edited by itsamemario on May-14-2019 at 01:10