RE: WALL STREET FAILED ME, CRYPTOCURRENCY SET ME FREE!
FIAT is forced so obviously it is presently "favored" by the majority of people....come on.
forced? noboby is forcing you to do fiat. you can live with cryptos in this time and age quite easy. it is a choice.
If you understood central banking, i mean at all, or some of the more egregious and massive capital frauds perpetrated within the FIAT system (QE, LIBOR and all the other BOR's, commodity markets, housing market to name but a few) you could not possibly believe that Bitcoin, over 90% of the crypto market has a higher level of fraud.
but it does. 7 miners in China control 85% of the capital. 95% of people don't have more than 10BTC. 9/10 alt-coins are shilled from BTC whale accounts and they a scams. MtGox and similar frauds emerge every day. Want to compare scams and fraud with the FIAT world? the fiat world is balls deep in shit. the crypto world is oil deep in shit.
In addition.....surely you must understand that people who have been captured within a system that undermines their economic integrity, the quality of information they have and their health will not so easily comprehend and switch to new and complex technologies that are in the process of being built and understood?
Complexity = Inefficiency, exploitation. vulrenability- and surprisingly this is exactly what we get in the crypto world. again, recently bitfinex, dao, really do i need to mention them % how fucked the crypto world is? i thought you are a pro bro.
You seem to be making these foolish statements deliberately in order to try to get a rise, or you are misinformed or perhaps a bit of both. Either way, your tone is unnecessarily unpleasant so I don't care to find out which.
truth hurts and tends to be unpleasant at first. give it time to sink in.
Truth is a concept that seems to have escaped your grasp. You've used a computer and a mobile phone right? Do many people use these complex devices to enhance their world? Did they all participate in and comprehend the research and development of these technologies along with their successes and failures? Did the journey undermine their eventual utility?
If you are happy to live in a world of cognitive dissonance, that's your choice. I hope you choose to broaden your perspective and discover some genuine truth.....as difficult as it can be to uncover. Look, no hard feelings. Maybe you are being sincere....initially I felt otherwise. Best of luck.