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Crypto democratizes and decentralizes finance, banking the unbanked, debanking the overbanked, and rebanking the debanked. Using lightning network crypto elimin

Crypto democratizes and decentralizes finance, banking the unbanked, debanking the overbanked, and rebanking the debanked. Using lightning network crypto eliminates middlemen and the annoying experience of transacting money between businesses and customers. With brain wallet seeds you can take your wealth with you anywhere as long as you can remember it or write it down where nobody else will see it, ever. For maximum security you can send your funds to a burner address, withdrawing them from circulation and ensuring nobody can ever steal them. I know you said no loans, but I can't skip mentioning DeFi which enables anybody to borrow their own money from themselves, anytime, fully electronically and without centralization. Then you have smart contracts, which are like a computer, but on everybody's computer at the same time. You can write full programs with complexity nearing that of FizzBuzz and run them worldwide for only hundreds of dollars. Just imagine a world without crypto. It would be like a world without hackysack, or a world without mail order swords on the shopping channel. Unrecognizable and primitive.

Jasper_ 5y ago
You seem like someone very "plugged in" (ha!) to the cryptocurrency world, so I have to ask: what's the best kind of epoxy to fill my ethernet ports with?
- rspeele 5y ago
  I don't know, but I'll sell you a synthetic asset that mimics epoxy brands, tracking their prices using an oracle[0]. Instead of buying, say, a tube of JB Weld, you can buy 2 $JBW[1] and take out an overcollateralized loan to get the cash to buy your 1 tube of actual epoxy. Because cryptos go up, your $JBW collateral will probably have doubled in value by the time you need to pay back the loan, making the purchase completely free. This technique can be used to end poverty worldwide. [0] website [1] $JBW tokens are not redeemable for epoxy. However, I pinky promise that every time you buy one, I buy a tube of actual epoxy and throw it in the garbage, creating value that your token represents.
skytreader 5y ago
Pretty please be satire because that flew over my head the first time and I'm still not really sure if you are sarcastic or serious. What an exemplar of the cultish enthusiasm and logical inconsistencies I consistently get from crypto enthusiasts, which is exactly why I'm wary of the whole thing.
- soco 5y ago
  That comment is genius: "When your sarcasm is so advanced that people actually think you're stupid". I saved it just in case.

Jasper_ 5y ago

You seem like someone very "plugged in" (ha!) to the cryptocurrency world, so I have to ask: what's the best kind of epoxy to fill my ethernet ports with?

rspeele 5y ago
I don't know, but I'll sell you a synthetic asset that mimics epoxy brands, tracking their prices using an oracle[0]. Instead of buying, say, a tube of JB Weld, you can buy 2 $JBW[1] and take out an overcollateralized loan to get the cash to buy your 1 tube of actual epoxy. Because cryptos go up, your $JBW collateral will probably have doubled in value by the time you need to pay back the loan, making the purchase completely free. This technique can be used to end poverty worldwide. [0] website [1] $JBW tokens are not redeemable for epoxy. However, I pinky promise that every time you buy one, I buy a tube of actual epoxy and throw it in the garbage, creating value that your token represents.

skytreader 5y ago

Pretty please be satire because that flew over my head the first time and I'm still not really sure if you are sarcastic or serious. What an exemplar of the cultish enthusiasm and logical inconsistencies I consistently get from crypto enthusiasts, which is exactly why I'm wary of the whole thing.

soco 5y ago
That comment is genius: "When your sarcasm is so advanced that people actually think you're stupid". I saved it just in case.