2 ms·

> pick a chain with a stable valuation and guaranteed low fees There are numerous chains with sub one-cent transaction fees which have tokens pegged to the dol

> pick a chain with a stable valuation and guaranteed low fees There are numerous chains with sub one-cent transaction fees which have tokens pegged to the dollar. I can move arbitrary amounts of an asset which is 99% correlated with the US dollar at any time I want with only an internet connection. No governments or regulators need to give me the go ahead. Granted, I wouldn't want to evade regulations or break laws in a developed country. But it's a nice escape hatch for when you really, truly disagree with such laws and regulations and you need to GTFO of your country forever. It seems as though you're arguing that, if crypto existed during WWII, refugees should be forced to give up all their assets and life savings in order to save their own life. Why?

nawgz 4y ago
> There are numerous chains with sub one-cent transaction fees which have tokens pegged to the dollar. Alright, so we agree - most chains are useless for monetary protection, and require you to use a "pegged to the dollar" token which implies centralization, links with the financial system, and more, such that the claim "[n]o governments or regulators need to give me the go ahead" is true for your particular transactions but in no way true of the overall chain which is susceptible to real-world enforcement. Cool, you've admitted 99% of blockchains are useless, it's a start > It seems as though you're arguing that, if crypto existed during WWII, refugees should be forced to give up all their assets and life savings in order to save their own life. Why? You'll really have to walk me thru this line of reasoning step by step LOL, you've lost the plot