You are probably aware of the recent news about removing the fiat money for good and building up the cashless world.
Have you thought that maybe the first step of this utopia? What if CIA behind this project? Would you still keep your money as s? Would you trust them? Do we know who the hell is Satoshi Nakamoto? I suure don't.
There is one big danger ahead. If the paper money gets removed, you will have no choice but to accept to get paid in crypto currencies. And to the big point:
If you keep your money in a goddamn computer, the government can rip you off instantly if they wanted it. I am not saying they aren't doing that already as most of us are keeping *our wealth in the banks. But cryptos will make their jobs easier. Much easier.
What if price rises to 1.000.000$ and gold and USD become literally worthless? That's when will be the world currency, and people gonna realise that gold is just a stone, USD is just a toilet paper.
Your won't have another choice but to store your money only in crypto, because the other choices will be worthless!
I am not sure if that's a good thing. Being dependent so much on computers just scares me.
For me, there's nothing to worry if they remove fiat money and build up the cashless world.Many countries do not use money instead they were carrying their debit or credit cards. I don't think the CIA is behind this project, no one knows. But before they remove the fiat money, the government and the banks, they would not let it happen.
The government is the first enemy of the crypto currency. It will not allow its introduction into the economy. After all, the government will not be able to control transactions and get benefits from them.