<snippet>"However, more and more countries are implementing Know Your Customer (KYC) rules, which require you to reveal your identity on #centralized_trading_platforms. </snippet>
~the #BLOCK #Chain is only as STRONG as its #Weakest Link~
AKA #PEIRCEING_THE_VAIL OF #BLOCKCHAIN SOFTWARE TECHNOLOGY.
<snippet> By disclosing your identity, it becomes a lot easier for the government to discover what transactions you have carried out and to see what is in your Bitcoin wallet." </snippet>
READ AND WEEP below.
THE CURRENT BITCION IS BEING USED FOR MONEY LAUNDERING NOTHING MORE!
THE COIN IS USELESS!
PUBLIC EXCHANGES HAVE POISIONED THE WELL;) 🦂
..AND WHAT PART OF #CENTRALIZED_EXCHANGES DON'T YOU UNDERSTAND?
#Think 3rd party #cookies and you will get the #BIG_PICTURE.
PUBLIC #CENTRALIZED_EXCHANGES BROKE THE LINK OF SECURITY
~AGAIN.. the #BLOCK #Chain is only as STRONG as its #Weakest Link;)~
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GOOD NEWS! #REAL #Cryptocurrency has NOT been #REALIZED YET FOLKS.
You all seem to have forgotten that #CENTRAL_BANKS cannot #compete with this #technology.. CALLED #BLOCKCHAIN.
The Central Banks didn't though! They have been poisoning the well since 2007 this #REPOST from 2016. See Below..
#BITCOIN HAS BEEN #POISONED BY THE #CENTRAL_BANKS & USA Treasury Dept! USING LOSER #MUSK & #ISRAELI'S TO DO IT!
Allow us to explain see below..
#REPOST from 2016 | As with anything to do with Currencie$ there are Downsides as well as Upside$. On the upside the competition for #Crypto_mining is #fierce. The whole idea to crypto mining is for the #miners to #confirm that each #block in the #chain is #ACCURATE. #Internal_policing is used to confirm all transaction in each block multiple, multiple times. This #insures #high_integrity of each #transaction -which is also referred to as a #Hard_Promise.
#Unlike #CENTRAL_BANKS that offer only #Soft_Promises -while our "Dollars" are picked at -until gone..
A #CRYPTO transaction is NOT a payment. A CRYPTO transaction is a Program, which is referred to as the technology known as #Blockchain #DECENTRALIZED.
Its not the "payment" that is irreversible, its the DECENTRALIZED #BLOCKCHAIN_PROGRAM" that is Irreversible.
Transactions CANNOT be #APPEALED, #REVERSED (a big one) or #CENSORED.
#Cryptocurrencies built on block chain technology offers SOLID #Security, #PRIVACY, #Decentralization and #AUTONOMY.
#Banks simply cannot compete with this technology..
Side note: we are living in a global economy with ole school mentality --at the helm.. which has FAILED many times. Centralized systems have proved to be IRRESPONSIBLE WITH SUCH CONTROL AND POWER.
Give a man a Gun he will rob a bank, give a man a BANK he will ROB the World..
https://cointelegraph.com/explained/are-bitcoin-transactions-anonymous-and-traceable
📛 DISCLAIMER: We Cover the 'Way' the #News is #COVERED_UP! 👿
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