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The BIGGEST misconception about BITCOIN
This is easily the biggest misconception people have about cryptocurrency. Watch, it is well worth your time. More details below : 👇
Audio mastering and mixing by Greaver
🔺To buy monero & chainlink with bonus: https://accounts.binance.com/en/regis...
🔹To trade on bybit with bonuses: https://partner.bybit.com/b/kang
🔻To trade on FTX with cashback: https://ftx.com/#a=cryptokang
🧲To protect against EMF and 5G: https://www.airestech.com/?ref=crypto...
📚To access my library: https://cryptokang.link
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The biggest misconception about bitcoin and crypto in general
One of the biggest if not the biggest point that I see people bring forth in favour of cyptocurrency adoption is the "privacy aspect" of it.
Due to the myriad of claims made about crypto and their use in the purchase of illegal goods, a lot of people seem to believe that bitcoin and other coins are "private", that they cannot be monitored nor tracked.
This couldn't be further from the truth.
A blockchain based currency, is probably any government's wet dream as it not only offers complete transparency over everyones transactions and money movements, it also allows a government of bad actors to control who is allowed to transact or get paid in such currencies.
It is possible that this will bring interest in privacy oriented projects and coins. Whether they will be allowed to flourish that's another story, but without a doubt the goal right now is to have cryptocurrencies regulated. The online FUD campaigns by major publications have already begun, and it's only a matter of time before they ramp it up. Expect further attempts at regulating the whole space.
I suggest you read into projects such as MONERO if you haven't already. As far as I am aware of, it's the only project with privacy in mind that's worth anyone's time, as of the making of this video at least.
Most of you should already know this, especially if you've been around my channel for a while. For others, well now you know. Do your research and don't put all your eggs in one basket, unless that basket is [REDACTED], and even then...
Godspeed and peace out boyos.
Category | Science & Technology |
Sensitivity | Normal - Content that is suitable for ages 16 and over |
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