Comment on IBM Unveils Digital Asset Platform as Demand for Tokenization, Stablecoins Grows
phutatorius@lemmy.zip 2 weeks agoYeah, much better to trust some random scammer on the internet.
Comment on IBM Unveils Digital Asset Platform as Demand for Tokenization, Stablecoins Grows
phutatorius@lemmy.zip 2 weeks agoYeah, much better to trust some random scammer on the internet.
BD89@lemmy.sdf.org 5 days ago
But that’s just the problem isn’t it? You highlighted yourself how untrustworthy the US government is.
So what if you live here dude? Can’t easily get Euros and shit although gold and silver is an option for now until they pass a law banning gold again like they absolutely did before.
So what then? Put it all into their dollar? Fuck man idk. I definitely hate memecoins and shit but crypto as a whole doesn’t really seem like that bad of an idea to me. You can hide it a lot easier than gold and silver and they can’t bring a sniffer dog that will find bitcoin in the backyard.
Sure they have electronics smelling dogs but if you memorize a seed phrase and don’t write it down its yours forever so far they can’t read your mind and extract it from you short of torture but even then they have to know prior that you had it before and that you didn’t forget the seed phrase.
I agree crypto has a lot of scammers and ignorant shit attached to it, but I also agree that blindly putting ALL of your eggs into the fiat basket isn’t the best idea either. I think diversifying between certain (definitely not all) cryptocurrency and gold and silver is the best bet. I know I know people will hate me for saying that but damn I don’t understand why people know to hate the government but LOVE their money and don’t ever question that at all.