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I recommend you look into privacy coins because your comment makes it clear you are not aware of them. Crypto is about immutable transactions where no single en
by mrhappyunhappy 8y ago
I recommend you look into privacy coins because your comment makes it clear you are not aware of them. Crypto is about immutable transactions where no single entity can deny you your freedom by simply altering your balances. Right now, your bank can click a mouse and your money is gone. You can try to prove you had it but unless you have indisputable proof you’re at the mercy of the bank.
Crypto has big challenges for sure, such as legal recourse, stability, reversible transactions and other issues but the problems it seeks to solve are real. They may not affect you personally, perhaps not now, but there is always that possibility that money could disappear and your rights denied. This already happens every day- just google PayPal freezes.