Quote from: realr0ach on February 09, 2019, 09:55:43 PM

Quote from: zazzbg1 on February 09, 2019, 09:46:48 PM

Quote from: realr0ach on February 09, 2019, 09:32:57 PM

Quote from: zazzbg1 on February 09, 2019, 10:04:30 AM

Quote from: realr0ach on February 09, 2019, 09:33:46 AM

Quote from: VB1001 on February 09, 2019, 08:59:29 AM

Not your keys not your Bitcoin Roll Eyes

It's never your bitcoin even if you do have the key. It's not possible to take possession of a bitcoin. Just like cloud computing, your shitcoin resides in the virtual cloud and you have to pay a ransom fee and ask permission to a transaction validator if he will allow you to do anything with it. The fact coins are non-fungible, transaction validators are designed to centralize, and transaction validators have the ability to blacklist funds, means the system is nothing but a permissioned ledger, Orwellian piece of garbage similar to the Chinese social credit score system.

This is why the kikes in congress said they will attempt to ban any 'anonymous' craptocurrency. They know non-fungible coins always lead to their dystopian slave coin goal while fungible ones are just like deleting AML/KYC. Fungible coins will still be a dystopia anyway, just not as big of one. It will still centralize into a tiny amount of mining pools the bankers/govt will take control of and take a cut out of every transaction to make themselves permanently richer than everyone else. It's no different than collecting a steady stream of interest.

So, what's the problem that they confiscate your gold?

Bullshit post. The only top line hierarchical form of consensus in the real world is force. Your shitcoins can be made unspendable or blacklisted by the designed to centralize transaction validators, or rendered unusable by numerous other factors. They have built-in middlemen and don't remove counterparty risk. In other words, you don't even have to apply direct force to stop their use or confiscate them such as PoW cultist retards would like you to believe. They can be directly attacked or side channel attacked.

Physical metals, on the other hand, DO require direct force to confiscate them. There is no fucking 'side channel' attack on physical metals. If you want to attempt to steal them, prepare to die trying to take them. There's no actual way to attempt to defend yourself against the theft, destruction, or immobilization of your digital shitcoins. The direct application of force can be entirely bypassed and you can be rendered broke with no defense precisely because shitcoins have built-in middlemen and don't remove counterparty risk.

There IS NO NASH EQUILIBRIUM to protect you from anything because it's designed to centralize. It's a cuck system where you're just standing out there like a sitting duck waiting to be cucked.

Who's / Who are the main supplier(s)/holder(s)/controller(s)/miner(s) of gold in the World?

How would you protect yourself when Government(s) ban gold trading and make it punishable?

Unlike bitcoin, it doesn't matter who currently owns or runs whatever minining camp in physical gold, silver, or copper. Metals remove middlemen and counterparty risk, so it doesn't matter at all. All that matters is what you have in your hand. As opposed to bitcoin where people think or make believe they actually own a coin when they don't, otherwise they wouldn't constantly be looking over their shoulder to do things like look up mining pool centralization. You never own a bitcoin. It's not possible to take delivery of a bitcoin. It's cloud banking just like cloud computing aka horrible.

As for the government, I do not give a flying shit what the Jewish occupied govt says. The evil cult of Judaism is my enemy. There are 300 million goyim sleeper cells in the US alone ready to expel the Jew just like they've been expelled from nations 300+ times before. It's inevitable they are given the boot.

Not giving a flying shit is not eliminating the problem, is it?

Metals do not remove middlemen or at least in the way they are today. I remember some time ago you suggested that we can go and try mine gold by the river ourselves, but where are the biggest sources of gold in the world? Are they by the rivers or they are in the mines and to access/use this mines you need a)big capital (in government's toilet paper, not in gold) and in most cases b) permission from your enemy - the evil cult of Judaism a.k.a government. So tell me how would we fix that?
What would happen if gold miners decide to keep the gold for themselves, buy most of the gold back and control it how they want? (with cooperation from the Government of course)
There are historical cases where powerful cooperations (not corporations, but it can be true too) did this. Buying gold in large quantities and over the market price and then controlling the supply. It was so popular around the world wars.

zazzbg1

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