It's not just sticking it to the man, it's pulling on that loose string to start unraveling the system that enslaves us and our neighbors.
As an aside, all one has to do is shut down key power grids, and digital coin wouldn't be of much use. That's it's Achille's heel. Does our enemy have control of any power grid structures?
Proof of work concept cryptocurrencies could be vulnerable to power outages and entities having too much control of the mining process.
Proof of stake cryptos don't require that type of energy to exist. Layer 2 cryptos function as platforms. You can "stake" your coins like you can put your dollars in a savings account. Cryptos of this nature are going to be decentralized to the point where a power outage means nothing.
It's funny that WSB pumped up dogecoin and you can buy dogecoin on Robinhood.
I also find it funny that the SEC sued Ripple recently and it's no longer tradeable on Coinbase (or Robinhood).
What's most hilarious to me is that the dogecoin market cap went up to 9 billion on Friday and it's down to 3 billion this Sunday morning.
What keeps me laughing is that Ripple is up to a 18 billion market cap now. It had been sitting at 12 billion for a while.
I see an obvious transfer of money here. Pump up a coin Robinhood investors can buy and then move profits into a coin they can't buy.
As much as we want to believe we are sticking it to the man, know that there are plenty of men making tons of money on both sides right now.
It's not just sticking it to the man, it's pulling on that loose string to start unraveling the system that enslaves us and our neighbors.
As an aside, all one has to do is shut down key power grids, and digital coin wouldn't be of much use. That's it's Achille's heel. Does our enemy have control of any power grid structures?
Proof of work concept cryptocurrencies could be vulnerable to power outages and entities having too much control of the mining process.
Proof of stake cryptos don't require that type of energy to exist. Layer 2 cryptos function as platforms. You can "stake" your coins like you can put your dollars in a savings account. Cryptos of this nature are going to be decentralized to the point where a power outage means nothing.