Quote from: dmamigo on January 02, 2019, 04:09:04 PM

Quote from: Cosbycoin on January 02, 2019, 01:45:56 PM

Quote from: cynical on June 10, 2018, 07:50:02 AM

At a time where I see currencies moving away from cash to digital I think the reason is partly so that governments can control the flow of their currency more particularly for laundering. They can possibly gain more taxation from a cashless currency because cash cannot be fully traced. If i sell my car for cash to another individual the government dont get any revenue from that because it is not traceable.

So in a governments aim to control our money it will leave a big opening for bitcoin and other decentralised crypto to exist along with fiat and will allow people to "trade" anonymously with each other over a completely independent infrastructure.

Im just starting to notice that some people here hates the current monetary system. The worst part is that these people makes no sense, they cant give any good reason as to why they even hate fiat, they just feel like the cryptocurrency will give them freedom and make them rich, lol.

Cryptocurrency gives you no freedom, the government will still control it if they wish. I dont support cryptocurrency, but I like it. People just needs sense of reasoning.

Actually comparing these two, Bitcoin and Fiat is useless. I have also noticed that a few people don't want to accept the fact that fiat will be there with us. Maybe there won't be any physical notes and we will have fiat in form of cryptocurrency. At the end of the day, they will be still using fiat and occasionally other decentralized cryptos. Governments will levy a tax on the transaction of decentralized crypto. Maybe few governments will exempt those taxes but maximum will levy a tax.

I'm one of the people who like to criticize monetary system. It's a big lie that we don't give enough reasons, it's a big lie that we think how crypto will make us free and rich, the point is in financial freedom, and some people who are here have that financial freedom. When you have so high opinion about current monetary system, don't be lazy do a little research about current economy, spent some time in reading about flaws and bad sides too. People need more than sense of reasoning, people should open their eyes and look what's happening outside and to try to understand why this world is still a jungle, and how current economy is taking care things to stay the same. In jungle there is no sense of reasoning, bigger animals eats smaller ones, it's a food chain and that's current economy, people should be people on the first place, not animals or slaves, people, can you understand that for start, later I will explain you why how can crypto help in changing the world, but you need to start from beginning.