Don't you understand? None of that will matter in a crypto currency based economy.
The only reason you need to deal with fiat now is because few accept crypto, and none pay crypto.
Think beyond 10 years. Think beyond 20.
The only reason you need to deal with fiat now is because few accept crypto, and none pay crypto.
Think beyond 10 years. Think beyond 20.
A crypto currency based economy would still not be exempt from all laws. And if laws can't be imposed it will be illegal. And if it is illegal then you will see no 'crypto currency based economy'. Wake up.
You do realize that a cryptocurrency based economy can exist over borders and circumvent through government laws right?
This statement is dumb for so many reasons. There is a clear difference between circumvent and avoid. Don't you get that?
Any time you want to make significant purchase in real-life with your anon currency you are fucked. But by all means you can avoid that by living in your mothers basement.
Oh noes looky we have a troll that likes to sling personal insults around.
Try harder please because your attempts to get under my skin aren't working.
Newbie account with a similar name to a guy who used to pump shit coins all the time on different exchanges.
BTW you never said the word "avoid" so not sure where you are getting that? Did you pull that out of your mom's bassement?
On topic: If you guys get a chance take a look at the Daniel J Burnstein video where he explains elliptic curve crypto and how it works and what pitfalls to look out for.