Inspired by a comment on my last post.
I feel like I never have a solution that allows me to control it while also being automated to such a degree that I don’t have a huge confusing backup if I don’t do finances for days or weeks.
Inspired by a comment on my last post.
I feel like I never have a solution that allows me to control it while also being automated to such a degree that I don’t have a huge confusing backup if I don’t do finances for days or weeks.
Crypto cannot be banned. It can only be made illegal, if countries want to remove themselves from the digital currency revolution. The derivatives market is $730T. Stocks are about $110T. Real estate is around $380T. If you’re concerned about the minuscule amount of illegal activities that occur within the 3.5T crypto market, your fears are misguided. Crypto is mostly traceable. Fiat currencies are highly preferred for drug sales and tax avoidance.
Make it illegal, drive it underground where it belongs.
I’m concerned about traceability and tax avoidance. I’m concerned about energy consumption I’m concerned about gpu prices
Are you just as concerned that cash is not traceable and that some is exchanged tax free? I don’t see how any GPU miners are profitable at this point. Outside of gaming: AI must have a larger GPU demand? Most miners are using ASICs. You’re absolutely right that mining energy should come from plants that have underutilized capacity and (obviously) renewable sources. The cat’s out of the bag on cryptocurrency and unjust laws don’t deserve to be followed. All government printed currencies eventually become worthless.