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RE: What Problem Does Cryptocurrency Solve?

in LeoFinance3 years ago

Even if Bitcoin was under a dollar and all else being the same it's network it safety I'd still buy it because it's still better than mh own native currency so I don't see the point in price putting me off if the functionality is there

85% of the world lives under currency oppression and would happily switch to another one that can hold its value

Crypto is definately for the developed world where it's about trying to multiply yiur dollars

For me, I can only speak for myself Bitcoin does what it promises and I am happy with that

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Oh did I say Broccoli, oh I meant Cauliflour. Haha watch that be the BTC broccoli Botton in on btc now - lol! I would buy it at under a dollar too because the risk / reward would be good again, and at that point in time the devs would finally get it together and release the quantum safety mechanisms. That scenario would be totally crazy, we'll see, Thanks!

From what I saw only non-Segwit addresses would be open to quantum attack so people with those wallets just need to move their funds

I think the quantum computing thing also depends on how big BTC is if it’s a big honey pot sure but I mean it’s easier for me to use that processing power to brute force fiat money, or literally any other crypto

Unless it’s a non-economic actor trying to take it down