THE PRIVACY FACTOR OF PHYSICAL MONEY...
This is the 10 Foot Square Arbor I built in the Corner of one of my Garden Rooms...
Just in time for some new Spring Growth...
The Shadow on the Block Wall changes "As the World Turns"...
I'm not sure about you, but I feel it's important to hold onto my Privacy...
These days, everyone wants to enter my Name into their Computers...
I like using Cash when I go to the Stores or out to Eat, or whatever I do...
I don't like the thought of Computers being able to store information about me...
I get to release the information I want to release...
I'm using my New Arbor to show how I was able to buy 4 Post Anchors, some Wood, Screws and Paint to Build More Wealth than the Cost of the Items I Purchased...
If I'm correct, I think I was able to build this Ten Foot Square Arbor for under 200 Dollars...
I can't wait until it's covered with Flowing Vines...
Anyway... I bought the wood, screws, paint and post anchors using Cash...
I could have put the Cash in the Bank, but I figured I'd be more pleased having a Physical Arbor than some Digital Blips in the Bank...
So... Now that it's built, only we know I have a nice Arbor in the Corner of one of my Garden Rooms...
See... There's more to me than Pocket Change and Trade Dollars...
COIN MAN by @pocketechange ...A penny may cost you a dollar bill...
I do have one question for you...
Is my Arbor backed by Gold and Silver, or is it backed by the Material and Labor, used to Build it...???
I’m with ya 100%
Cash is king
And Only tied with privacy
Privacy is what led me to cyrpto in the first place - I have always been a precious metals stacker, and the properties of Monero in particular immediately clicked with me. A breath of fresh air in this world of constant surveillance.
I like making my trades in person, if at all possible... I pick out the goods I want... I do an exchange with Cash and I'm on my way... How long will it take Crypto's to get to that point...??? And what happens if I want a Refund, or my Purchase doesn't arrive in the Mail...??? How do I go about getting my Crypto's back...???
There are cryptos technically capable of that today, but there is not incentive to use them for most people - cash or credit cards work perfectly well for day to day transactions. A much more important use for crypto, in my view, is as a substitute for international wire transfers and savings accounts. Here, there are already a number of significant advantages.
For mail order purchases, multisig escrow would be needed for those issues. This is very important for deep web purchases, which is why multisig was a priority for Monero development.
Are you aware of any good reasons why Crypto's seem to be falling in Value or Price lately...???
As a small, new market, it is very volatile and doesn't take much capital to move it one way or the other. A lot of people got into the market last fall as a get rich quick scheme, without taking into account the volatility, and have been panic selling...this is exacerbated by the stream of bad press. We are also still up hundreds of percent year over year. After such an incredible bull run as last year, some time is needed to cool off.
The value, in my mind, is greater than ever - Lightning Network is off to a promising start, SegWit adoption is rising fast, and ETFs appear closer than ever. As the price declines, I am continuing to accumulate.
I've been accumulating Steem Power... I've seen at least a 65% fall in its value since my Wallet hit a peek...
It definitely looks like a bargain - that will probably be my next acquisition. So far I am mostly in bitcoin, litecoin, monero, and decred.
I wouldn’t touch litecoIn. There’s no real market use. Bitcoin will have lightening and be king, steem has real use case and is real value but 99% Of cryptos are money grabs and won’t ever be used for anything real
Sorry but that’s a reason for daily sharp swings. The market is down 65% over all
That’s not it being low volume that’s a sign of major issues. I believe bitcoin will come out stronger but there are major issues in these markets. Dumping from $19,500 to $6500 in 3 months (likely soon under $5000) is not no big deal.....
The ETF set to get approved won’t hold actual bitcoin
They will be tied to the futures market only. That’s bad not good. Wall Street has hyjacked things. We all should of fought wall street futures instead many praised it. There is no bitcoin involved in these market it’s literally just a bet on price. It gives people with large means the reason to mess with real price now that they can play either side of price in markets. It was a huge mistake to go this route. Bitcoin snd especially other cryptos might be forever hurt!
What privacy?
I take it, your Smart Phone gives them your identity...??? But does the Smart Phone know what I built...??? hmmmm... I think you're Right... What privacy... lol...
Aww love your arbor!! Great job!
I think it will be a nice place to sit back and have a Nice Hot Cup of Coffee, while I'm listening to the Birds Singing in the Trees...
Yep, I think you're right!
I love being able to escape to my Garden...
You got my upvote as promised.
Your comment was in the back of my mind...
Thank you for your continued support of SteemSilverGold