Me and my friend have been up to our necks deep in crypto currency and the recent drop due to China threating to take about 33% of the power. The markets are bleeding red. "Is this the end?" we thought. "Have we jumped on the train too late?" Then you look at the past years. Huge drop and even bigger rise. Huge drop and even bigger rise again. And this pattern seems to repeating itself over and over again. Then I started thinking. Why did cryptocurrency get big in the first place. Well for anonymous money transfer. Bit Bitcoin isn't anonymous. It can be tracked unless you go to a tumbler website and trust them not to take your coins. So very recently we have been making coins that are anonymous. Zcash, Verge. And why do we need anonymous money transfers anyway. Crime. Sex, drugs,guns, and a whole plethora of reasons we don't want the government tracking our money. As long as crime is around there will be reason for anonymous money transfer. And cryptocurrency will die when crime dies.
Cryptocurrency will never die
7 years ago in #cryptocurrency by andrewwrath (27)
$1.15
- Past Payouts $1.15
- - Author $1.11
- - Curators & beneficiaries $0.04
- > esteemapp: $0.03
Crypto Lifeee!
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