Norm Park has many questions about cryptocurrency and how it compares to real money.
Data centers, blockchains, tokens, North Korean, Russian, and many more crypto hackers. Money laundering, dark underworld crypto secrets, stable coins, Binance (prison co-founder), bitcoin, meme coins, pumps and dumps, anonymous buyers and sellers, taxable what?
What is it about my current struggle that is assumed in the wonderful world of cryptocurrency, that I am involved and somewhat interested?
Of course, I’m from a different age. I’m for the crumb, I still like to pay in cash on the restaurant and grocery store bills! How crazy can you get? Full confession, I still pay some bills through the check. What a strange thing?
So, count me among the legions of luddites. However, from what I’ve experienced so far, actual paper-based currency invoices and coins and checks, along with e-Transfers, credits and debit cards, still function as part of our Workaday World. As you know, it’s a modern, easy-to-use and acceptable way to do everyday business, big or small.
Cryptocurrency is in the other nether world, as far as I can confirm.
The crypto coin is worth $120,000 today and $40,000 tomorrow, but who is valuing my question? If it’s a cryptocurrency, why is it valued using old-fashioned dollars as a base? What is the value of Crypto Speak?
The reasonable young people who mined and dealt with cryptocurrency informed me that thousands, if not millions, of cryptocurrency coins and systems are out there. So, do you think there is no basic central crypto bank or foundation system anywhere?
Mining these coins will cost millions of gigawatts of electricity. That’s far more than it would cost to make a bill for hundreds of dollars on a legal press.
Can I buy pizza using 1/10% of Bitcoin or other crypto coins? What you know, what each of them is “worthy” on Tuesday?
If valued at $122,000, will the local vehicle dealer give him a fully dressed half tunnel in exchange for that online coin when he clicks and sends him a clearly valuable coin mined to him, which was mined in North Korea by unknown miners and handed him politely after sending another $122K? Tomorrow may be worth $130,000, or maybe $30K. who knows?
Who and who are the institutions or governments that guarantee these reassessment that occur every few hours or sometimes minutes?
I would like to refer to the Central Monetary Fund Centre, where people named Jerome Powell can justly boast a currency valuation that can be understood by, or the Central Monetary Fund Centre, which can once be led by Mark Carney or Tiff or Christine Legardo (President of the European Central Bank). They and their foundations can be accountable, but I have heard stories about how the secrets of the crypto world allow the crypto king and queen to quickly dig into each other before being arrested for money laundering.
I think the money they call washed is real money. As far as I know, cryptocurrencies currently do not have the supervisory authority to organize the legal implications of trade that do not have boundaries, foundations or legitimate positions from what I understand.
So, some cryptography geniuses are now in prison, others have online monikers that don’t reveal who they are, but should we be eager to do business with them?
Crypto World has recently received a major boost by taking over the current president of US Donnie Deflector. He is in full hook, line and sinker now that he has been courted and his ego and crypto accounts have been boosted. Last year he wasn’t a fan. It’s him this year.
So you want Melania meme coins? In that case, we’ll send $40,000 to the deflector. I’m guessing it’s $40,000 in US currency and not a bit or bite coin. He may not be that bright, but he is not stupid! When he sees it, he knows promotion. Or, as I believe, Deflector and his family are enthusiastic about dealing with both the real world and the crypto world. Why is it not good? It’s all a billionaire monopoly game for those people.
So for now, I think I’ll be happy to leave the world of cryptography. Then you don’t have to worry about whether you have stable coins, staple coins, meme coins, or stupid coins. There is a blue colored canada special paper bill and looney to get diet Pepsi and donuts when using drive-thru. And if I change, I’m sure it will become a Canadian currency that I can put in my pocket. For me, it’s still a comfort. Value, worth it, I get a donut to enjoy in a relatively peaceful environment.
