An edited version of a comment of mine on the same topic from an article that was also aligned with this topic. Crypto.
The person I'm responding to had made the typical comment about how crypto is for thieves and stupid people or some shit like that. I will tell you that the level of discourse there is much lower than what I find so far on Minds.
From the article:
In 1995, only 0.3% of the world’s population used the internet.
In 1995, there were 16 million internet users. Then Netscape Navigator came along. By the end of 1996, the number of internet users had more than doubled to 36 million.
My comment:
Criminals and speculators are using crypto for sure, but isn't that what always happens when new technology is ahead of TPTB. Think printing press. Once people could actually read the "rules" they had questions. And that's why it was the death penalty for untold regular folks over the course of history that died violently because of the major paradigm shift.
"Well now, the little people can read all about our scams (re: BIBLE) so let's just make it illegal to have a book." "If you are not Kingly, Bishoply, Monied, etc. and have a book or read a book or listened to some jerky read a book aloud, well, we'll kill ya!"
Crypto = de-centralization of the internet. While you can't get your head around that now (or maybe ever) the internet is not solely comprised of websites that you can make a profile on and spout off. Blockchain tech and online security is a solution to a problem, not a problem looking for a solution. It is exactly as the article reads to me, paradigm shift. Coming soon to a web browser near you... unless maybe it's a browser that is proprietary. (you are probably not going to catch this release, but worry not, there will be plenty of sequels.)
This is not about Bitcoin, speculation, criminals or even rules and laws. (Although that's pretty much all you've probably seen thus far.) Chew on this graphic and try to notice how much thought or effort is given to "government". It's happening, you just can't see it. Yet. This tech could replace .gov if people adopt it. It's still hard to do for the regular Joe, just like the internet was in 1995. Most won't put in the effort because it doesn't have a memorable jingle, or a logo recognized like the nike "swoosh" or they are using unwired devices exclusively, which severely limits what you can access at this point.
Disclaimer: I own 100 Emercoin. I paid about $1 each. The information contained in the graphic is why I installed the EMC client and synced it on my desktop, which takes a couple of days on a slow connection like 50MBPS. (Comcast) Then I opened an account at Coinbase, because I live in the land of the free, purchased some Litecoin on my Visa card and sent them to an exchange to trade for Emercoin. I had the order filled, and sent the Emercoin to my desktop encrypted wallet (the one I spent about a week performing due diligence on, studying some concepts online that I was not square in my own head on, and making sure my rig is 100% bulletproof to intrusion (I'm not saying I know it is, because I'm not stupid) and my back up plan even thicker than that. If you rely on mobile devices (WIFI only) you are fucked. (in every way)
Ask yourself, why would a regular Joe go through all of that? Answer: Maybe I'm a "libtard" who lives in my Mom's basement, maybe I'm a "wingnut" who served honorably and got fucked by .gov, maybe I'm a hippie athiest "loser" and a dreamer, maybe Ima "dindu" stealing Comcast, or maybe I'm just a fucking guy who happened to show up on the planet under the same or different circumstances as everyone else. But I ended up being someone who doesn't watch "shows" on TV or ever aspired to a career in .gov or ever believed in fairy tales like the "stock market", a few hundred years old concept based on paper notes 'shares' of 'companies'.
If you rail against what you don't understand but don't know you don't understand, the real fucking criminals win. I spend more time trying to understand than I do understanding. But I fucking know that.
Peace. (for you, inside)
Respect. (to you, outside)
Guidance. (from all, for all)