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RE: 10+ Basic Income Projects & New Giveaway 😁

in #contest7 years ago

Yes, Binance. Haven't really been into trading crypto much. I originally just bought a bunch of BTC back when it was young, and held it forever in coinbase and cashed out. I had some altcoins back in the days like potcoin, doge, reddcoin, litecoin, dash, bla bla.. but then didn't do anything. So everything is sort of new to me. I sort of get it, but I am still new. Like the paperwallets, I get that. Thats what we did years ago. That's easy. But there was less than 100 coins in existence. Now there's thousands and things have become complex with people scamming, the government involved, taxes, hahahaha.. it sounds like the stock market now.

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I see. I try to keep things simple. I believe the vision of Satoshi to be a decentralized peer to peer cash. I don't like any interference or regulation at all. The whole point of what Satoshi created was to get away from that. He created it as a result of the government bailing the banks out after they screwed everybody and caused the recession. The Genesis block, block 0, of Bitcoin actually has a headline of a newspaper embedded in it as a message. It's a headline about the British Chancellor considering a second bank bailout. It was a headline on the day Bitcoin was created.

Wow that's interesting. I too like the idea of decentralization and peer to peer transactions. Of course, the government doesn't like competition. Makes me want to move out of the country but everywhere has that going on. Complimentary currencies are really nice too. If they're small in a small community, usually the big boys don't notice or care.

Exactly! I know people that have moved down to Alcapulco. It would be nice to have a second place to live abroad. I think this really will change the world. Pandora's box has been opened