1/
This will make me unpopular...
"When will the United States issue the Fedcoin?"
This will make me unpopular...
"When will the United States issue the Fedcoin?"
2/ My Prediction:
Definitely in 5 to 10 years.
--tops!
Definitely in 5 to 10 years.
--tops!
3/ When the f̶o̶o̶l̶s̶ nice people in Washington DC realize that cryptocurrency is:
⬤ Perfectly and permanently traceable and…
⬤ NOT anonymous
They will implement a fedcoin or some other kind of digital money quicker than you can say “TAX EVASION”!
⬤ Perfectly and permanently traceable and…
⬤ NOT anonymous
They will implement a fedcoin or some other kind of digital money quicker than you can say “TAX EVASION”!
4/ But, but…Bitcoin is anonymous!
Ähm…kinda, let me explain:
What do you think happens when the government or your company pays you in Bitcoin or digital currency?
Ähm…kinda, let me explain:
What do you think happens when the government or your company pays you in Bitcoin or digital currency?
5/ Well, they connect your name to your bitcoin address **BOOM!*** not anonymous anymore!
6/ And there you are: every single transaction you ever made, down to the millionth of a dollar, perfectly and permanently traceable!
7/ See the FBI’s very own Bitcoin address here, it’s the one they used after “confiscating” Dread Pirate Robert’s Bitcoin:
blockchain.com/btc/address/1F…
blockchain.com/btc/address/1F…
8/ Just watch how fast they implement a fedcoin.
⬤ FAZIT: Is this actually the disadvantage to Bitcoin/Blockchains?
⬤ FAZIT: Is this actually the disadvantage to Bitcoin/Blockchains?
9/ I am very confident in this prediction.
Why do you think Cuba just decided to accept Bitcoin?
⬤ El Salvador just did too!
By the time it comes though, the propaganda will have been in full swing and most Americans will want it :-(
Why do you think Cuba just decided to accept Bitcoin?
⬤ El Salvador just did too!
By the time it comes though, the propaganda will have been in full swing and most Americans will want it :-(
10/ All of the skeptics will be labeled “conspiracy theorists,” “right wingers” “nazis” etc. etc.
⬤Right now we are in phase 1: Label the enemy (cash).
#btc #ltc #crypto
⬤Right now we are in phase 1: Label the enemy (cash).
#btc #ltc #crypto
11/ As a matter of fact, this transition is already happening in Sweden, and… as predicted; the government is framing cash as “dirty money”!
12/ Phase 2: Frame your solution as something good and exterminate the enemy.
-
This will not be hard since most people don’t use cash much now anyway.
#btc #ltc #Cryptocurency
-
This will not be hard since most people don’t use cash much now anyway.
#btc #ltc #Cryptocurency
13/ The business case for a Fedcoin is simply too strong to ignore.
Issuing blockchain based money and closing all tax loopholes and eliminating tax evasion will bring in Billions of dollars per year — this drug is simply too much for the politicians to resist.
Issuing blockchain based money and closing all tax loopholes and eliminating tax evasion will bring in Billions of dollars per year — this drug is simply too much for the politicians to resist.
14/14 A Fedcoin will be issued in 5–10 years: I’m willing to bet “money” on it.
Remember I make these predictions in the hope of proving myself wrong.
⬤ Join me here for more fun predictions! bit.ly/CRYPTOREV
Remember I make these predictions in the hope of proving myself wrong.
⬤ Join me here for more fun predictions! bit.ly/CRYPTOREV
P.S. here's the original answer on Quora:
quora.com/When-will-the-…
quora.com/When-will-the-…
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