The sole purpose of #BITCOIN #CASE_USE IS #money_laundering Gone Wild!
WE WERE one THE FIRST ON the BLOCKCHAIN scene --other than the FOUNDERS.
Still NO ONE HAS discovered actual #CASE_USE for this tech??
Many CHASED THE COIN. all are BLIND OF THE REAL #case_use here.
The 1% Native American OLD woman is CORRECT when it comes to bitcoin
A #Money_Launderers #WET_DREAM.
Always has been--always will be.. the MONEY Laundering Coin of #choice.
#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..
So they will 'try' to destroy it by using it for illegal trades.. All world banks would fail if they did not launder money..
They are WEAK inept losers are they not!?
Side note: we are living in a global economy with ole school mentality --at the helm.. which has FAILED many times.
Centralized systems have proven 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~
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