Bitcoin : Concerns about exchanges / crypto / blockchain fuckery .. Bit of a rant..
Probably 95% of us don’t know how the internet works but all of us still use it..
I can see that the case is very similar with BTC as well.
1. Exchanges
So once you give your own email address to any of the exchanges, boom are you anonymous now? NOT AT FUCKING ALL.
Everyone is saying that when the next financial crisis comes they wont be able to touch our crypto.. Well if they know your addresses and one of your addys is connected with an exchange they can straight away go to the exchange and ask for it.
Maybe they can’t take your money but they could torture the person and they have it.
The governments will probably use AI to match addresses and individuals.
2. Blockchain
I see this word all the time so I will tell you.. A blockchain is A VERY FUCKING SHITTY SLOW database okay.
Most of the projects out there are promoting their 1000-10000tx/s but what WE people don’t realize is that is a fully centralised system right there that’s the reason for the quick transactions. You have to give up something to get something on the other hand.
So what do we need blockchains for? Ask all the projects they will not be able to give you a decent answer..
They either another “dapp maker” or “decentralized 1000tx/s” or even a company making their own token just for the shill of it, personally I’d avoid 99% of the project if not more.
However there is a few good projects out there regardless..
You have to believe in your eyes, not your ears, sorry for the rant .. 🙂
Edit: This [link](https://www.youtube.com/watch?v=TVFy8xXfxAA) (YT video) probably explains way better than I just did so please, 6 minutes of Andreas Antonopoulos , enjoy.
Bitcoin
Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority.
FindCrypto scans the web for the latest Bitcoin news, so you can find all the latest and breaking news in one convenient location.Author: RandomHappyLad
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