I thought that Cryptocurrency was a shell game, a pyramid scheme, or a scam ...

Kirk 10389821

Exactly. One of the Crypto Guys has a phrase: Inflation is Theft. It truly is. Wrap your head around joining a poker game. You buy in your chips for $100k. In fact, 10 people do. So there is a $1mln pot. That makes sense. Now, 3 players show up, with their own chips, that are identical. From another table. But you don't know, they were given to them. They play. Someone wins $1mln. They are happy. But as you do the math, you realize there were 1.3 mln in chips. That's monetary inflation. It drives the prices higher. Which pushes you into a higher tax bracket. Imagine the govt looking and taxing you on the number of chips you made! and what their SUPPOSED original value was. Not what you collect. (That part is transparent when you don't exchange the chips, like we do not with our currency). I think BleedLove is the guys name. He's sharp. And Michael Saylor at hope.com covers why you should be looking into crypto. As Programmers: Money Supply that is controlled by CODE, so it cannot be expanded/inflated. This is the OPPOSITE of Globalists View of a currency they control. We are taught to believe lies. Like gold has no value. Yet bankers are buying it. (Because the dollar is losing value, and Gold is an asset). Finally, I use this stuff. It is far easier for me to pay someone with Coins, than with Wire Transfers. Now, some coins are cheaper than the wire transfer. Lately, BTC and ETH are not...

Kirk 10389821

Yeah, except that BTC is not centrally run. All of the miners would have to quit. And they don't take the money and run... They lose their investment. You are 100% right. There are tons of sh!tcoins out there. Avoid them. Here is the good part. You can tell. If the coin has no upper limit in it's supply (like BTC does), how does it maintain scarcity? Next, ETH has (had) this issue, But through burning fees, and by design, it is becoming deflationary. Finally, you can buy a fraction of coin. Just to track it. Never risk more than you can afford to lose, or an amount that affects your sleep at night. But when you go down this Rabbit hole, you realize that bankers used the current banking structure to SUCK VAST sums of value out of our economies, to line their own pockets. They are the middlemen in all transactions, and there is no need for a central bank. And especially a DEBT based society.