The Eradication of Cash Money...

in #crypto7 years ago

What if Crypto Currency was actually created by the government to create a scenario where as the public thinks that they are being anarchists by using this form of currency instead of Cash? This would play right into the hands of any and all governments that wish to get rid of Cash all together. The Crypto world is creating exactly the environment that the government wants. It is widely known that the Crypto Currencies can be traced now and are not as anonymous as they once were. Just looking at this whole thing from a different perspective. We think that we are sticking it to the man but once again, they are the ones pulling the strings. Think about it!!!

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Welcome to Steemit @thebuilder. :c)

Let us suppose that this is so. I do wonder how things would play out to their advantage.

I also wonder what impact this would have upon the credibility of some cryptocurrency founders - surely not all founders could be acting on behalf of banker cartel-owned governments?

I agree with you that not all of them would be working with the governments, however, do we really even know for sure that these people exist. One perfect example is the supposed creator of BitCoin? There is only obscure references of who this person was and no proof that they ever existed. It would definitely not be the first time that governments would have created fictitious characters to either take the fall for something or to deflect thei involvement in something. The internet makes their jobs of obfuscation so much easier now than in any time in the history of mankind. Just some thoughts...

All very valid points. While you may very well be correct in your suspicions, in the absence ot something concrete and non-circumstantial to fall back upon for support, it may be ideal to revisit the foundations of worth that such currencies base themselves upon for scrutiny and re-evaluation.

In the case of crypto-currencies - such would involve revisiting the process by which worth is created - blockchain itself.