I believe in crypto, but that certainly doesn't mean that I want it to *replace* our national currency...i am wondering are people who believe in crypto are more likely to support vaccine passports or be against it? I think, it may shed some light on people's motivation.
By replace, I meant become the main method of payment for everyday transactions.I believe in crypto, but that certainly doesn't mean that I want it to *replace* our national currency...
You are going to need to clarify things, then.By replace, I meant become the main method of payment for everyday transactions.
What I mean is crypto functioning as a real currency, with invoices and contracts written in it. Fiat may be (but not necessary) an alternative currency for tax collection. I am not sure about "fully legal tender" as government does not have to endorse it and require everyone to accept it, but it will be a "default tender" where there is no legal limitations of using it as tender and most people prefer to use it in daily transactions instead of using fiat currencyYou are going to need to clarify things, then.
Do you mean Crypto just becomes a payment service like paypal?
Do you mean crypto is fully legal tender?
What happens to fiat under this scheme since you said it would "replace" national currency?
I think it incredibly unlikely it becomes a real currency without becoming legal tender that taxes are denominated in, but ok - for all intents and purposes it replaces fiat in your scheme.What I mean is crypto functioning as a real currency, with invoices and contracts written in it. Fiat may be (but not necessary) an alternative currency for tax collection. I am not sure about "fully legal tender" as government does not have to endorse it and require everyone to accept it, but it will be a "default tender" where there is no legal limitations of using it as tender and most people prefer to use it in daily transactions instead of using fiat currency
Sorry, I do not follow your logic (maybe because logic is something formal and you, with your "emotions and human complexity" cannot be logical) but I am trying to be as impartial in this threat as possible. I will post the hypotheses that I wanted to test in a week, but do not want to influence the answers yet. If you wish, you can assume that "want" in the pool means the desire for the mechanisms you have referred to to come into existence and your belief that they eventually will.Fall on a witch hunt again.
I think I am finally starting to understand how your brain works. You think people are like a computer or program and fit in an “if” “or” “and” statement. If they do this and or that or stand for this then this must be true.
I understand this mentality well and work with many people who think like this and have family who are kind of like a computer and have totally assumed control over everything. The problem with this thinking is that people are dynamic and constantly changing and wanting to change or have the impulse to change even when they are “disciplined” there is still their emotions and human complexity always tugging at them and them resisting based on their understanding of what they should be. We will never be fully able to understand a person and say because a person stands and believes in 1, 2, and 3 then this must be true type of mentality.
You can believe this and try to make this or that connection all you want but it will only limit your understanding and interpretation of what is actually going on.
Also to replace fiat with crypo as a payment statement will only happen if the market determines this to be a viable option based on the technological potential and opportunity. It doesn’t matter what we want. The technology and market should find the optimum solution over time regardless of what you or I want. Obviously some governments will feel threatened to their old way of doing things, however over time optimal solution will by nature of technological evolution come into existence regardless of what you or I want or personally believe in.
Yes, something like that. We can still allow dollar to exists but any exchange rate fluctuation between the dollar and "leading" crypto will mostly affect the price of the goods in dollars, not in crypto. As I understand, the only two possible purposes of crypto coins (not the technology) is being a currency and the storage of value. So, In the pool I meant that some crypto coins wlll serve as a currency, not just a storage of value.I think it incredibly unlikely it becomes a real currency without becoming legal tender that taxes are denominated in, but ok - for all intents and purposes it replaces fiat in your scheme.
Contracts and prices are denominated and negotiated in crypto if I understand? (Since basic transactions are done in crypto?)
Like the example I usually give, escorts will now offer services at 0.1 bitcoin / hour (or whatever the winning token is). No one is pricing things in dollars, the default transaction is marked in crypto.
I assume "allow" here means "allow for the thought experiment".Yes, something like that. We can still allow dollar to exists but any exchange rate fluctuation between the dollar and "leading" crypto will mostly affect the price of the goods in dollars, not in crypto. As I understand, the only two possible purposes of crypto coins (not the technology) is being a currency and the storage of value. So, In the pool I meant that some crypto coins wlll serve as a currency, not just a storage of value.
The option to answer your poll does not cover logical possibilities only what you envision to support based on your preconceived bias into this topic and limited insights into how people actually view this.Sorry, I do not follow your logic (maybe because logic is something formal and you, with your "emotions and human complexity" cannot be logical) but I am trying to be as impartial in this threat as possible. I will post the hypotheses that I wanted to test in a week, but do not want to influence the answers yet. If you wish, you can assume that "want" in the pool means the desire for the mechanisms you have referred to to come into existence and your belief that they eventually will.
You talk too muchThe option to answer your poll does not cover logical possibilities only what you envision to support based on your preconceived bias into this topic and limited insights into how people actually view this.
My answer is
I support crypto currency and I support passports.
I support passports because this is what my government chooses. I don’t like passports and the idea of passports but am fine to support the collective represented by the government since I support systems, governments and professional advice especially when it goes against what I feel or like to do or think. I am not trained in this field and am fine for experts to make this decision for me or determine “what I want” or what is best which is different from what I like or feel a certain way about. Also I don’t care if crypto replaces fiat or not as long as I have the option to invest in this form of currency.
At least have the option that my opinion is not represented in this poll or something to show how many people view this different then the options given.
Just call it what it is. Its a flawed, limited and biased survey to affirm your confirmation bias. That’s all this is. More drivel and none sense.You talk too much. This is a simple correlation analysis and people who are indifferent about one of the proposed answers do not matter, so "indifferent" is not included in the answer choice
![]()
Yes it will. Thats what smart contact tech is all about. It will start in third world nations and grow. Thinking only in western terms means you don’t see the possibilities.What I mean is crypto functioning as a real currency, with invoices and contracts written in it. Fiat may be (but not necessary) an alternative currency for tax collection. I am not sure about "fully legal tender" as government does not have to endorse it and require everyone to accept it, but it will be a "default tender" where there is no legal limitations of using it as tender and most people prefer to use it in daily transactions instead of using fiat currency
One has nothing do do with the other. I support the vaccine passports to end lockdowns, raise vaccinated rates and lower strain on our healthcare system. Its a public health issue and nothing more. Once the virus mutates to flu levels they can go away until the next one hits.i am wondering are people who believe in crypto are more likely to support vaccine passports or be against it? I think, it may shed some light on people's motivation.
So all countries are abandoning monetary policy? All money is instead in the hands of a centralized, shadowy cabal?Yes it will. Thats what smart contact tech is all about. It will start in third world nations and grow. Thinking only in western terms means you don’t see the possibilities.
... That's what you think crypto is about?Crypto has nothing to do with it. Thats about financial market control by Western Banks hurting Third World residents.
Dont be obtuse. Its a tool that will allow the unbanked of the world to conduct banking. It will also be a means of verifiable identification for many who don't have access to that. Because Western Banks won't do it they will be able to do it themselves. It will kill the foreign remittance scam for overseas workers sending money home. And allow for increased micro loan transactions which will lead to more economic prosperity in those nations. There is no "shadowy cabal". Its decentralized banking. Thats the beauty of smart contracts.So all countries are abandoning monetary policy? All money is instead in the hands of a centralized, shadowy cabal?
... That's what you think crypto is about?
wow.
Crypto is mostly the currency of the underworld, it may be useful as a tool for poor countries to bootstrap their economy but only as a bootstrap, once their economy reaches tangible value they will transition back to traditional currency for a large number of reasons the most significant of which is that crypto is very volatility.Dont be obtuse. Its a tool that will allow the unbanked of the world to conduct banking. It will also be a means of verifiable identification for many who don't have access to that. Because Western Banks won't do it they will be able to do it themselves. It will kill the foreign remittance scam for overseas workers sending money home. And allow for increased micro loan transactions which will lead to more economic prosperity in those nations. There is no "shadowy cabal". Its decentralized banking. Thats the beauty of smart contracts.
Its not SOLELY what its about. But that is the part that threatens the Banksters. And the USA Petrodollar.