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Gold vs the Blockchain

 
NikM755
User ID: 71632887
United States
04/16/2019 08:06 PM
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Gold vs the Blockchain
Obviously, there has been a Gold vs Blockchain debate and discussion.

Gold is money where's bitcoin/blockchain is a financial tool that offers zero anonymity and is basically the same as fiat.

However, I would also like to point out, that there is a switch by government/banks into using the private sector and the blockchain to control society.

It seems to me like the blockchain will be used by the government and it's inventors (The CIA) to implement a private/communist mix of government (similar to what the Chinese are doing now) along with using it as a way to track all transactions and implement the mark of the beast.

You don't own the blockchain. You own the coin. So, the blockchain is the perfect way for western governments to implement the beast system.
NikM755  (OP)

User ID: 71632887
United States
04/16/2019 08:09 PM
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Re: Gold vs the Blockchain
Didn't mean to be an AC, but I do believe that the CIA and the Western World would rather have a fiat system worse than actual fiat (e.g. the Bitcoin Blockchain) which it, itself has designed, to implement a communist style complete transaction system it can use to watch...every single...transaction you make.

So, people that own gold want free markets. People that buy bitcoin do it for the fake fiat money printing scheme it is while the banks/government actually control the blockchain to control it all and watch the transactions being made.
Kodiak Island

User ID: 77396288
United States
04/16/2019 08:27 PM
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Re: Gold vs the Blockchain
Bitcoin may have zero anonymity, as you say, but Cryptos such as Monero are absolutely untraceable. Also, even though Bitcoin transactions can be traced, it's extremely difficult to determine who the person is that sent it. If you use a different address each time to send or receive, it is still near impossible to determine who the person is who sent or received it.
Kodiak