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<blockquote data-quote="Digmor Crusher" data-source="post: 994277" data-attributes="member: 69540">Yeah..no, I have no idea what you mean by government controlled money, is it the money every country in the world has been using for the past 100+ years?&nbsp; If so it seems to me that is has been working pretty well. Every dollar used by any country is backed to be secure, safe and available, can you say the same for crypto? And not sure why anyone would need anonymity unless their doing shady stuff. Here in Canada bank accounts are insured up to a certain amount by the gov&#039;t, so if a bank goes bankrupt we get our money back, but will never happen, as Canada&#039;s banks are some of the best in the world, can you say the same for crypto? Now lets think here, where should we put our money, in crypto which may be stolen or decrease in value significantly or in a bank where we know its safe? Crypto is a borderline scam and only fools would risk their money buying it.This is my impression on how crypto works;Bob 1 speaking to his buddy also named Bob, Bob 2.Jan 2021Bob 1: Hey man, I just bought 20 k of crypto.Bob 2: Cool man.July 2021Bob 1: Dam , my 20k of crypto is only worth 10 k now.Bob 2: That sucks man.December 2021Bob 1:&nbsp; Crap, my crypto account just got hacked, its worthless now.Bob 2: Bummer, lets go smoke some weed.</blockquote>

[QUOTE="Digmor Crusher, post: 994277, member: 69540"] Yeah..no, I have no idea what you mean by government controlled money, is it the money every country in the world has been using for the past 100+ years? If so it seems to me that is has been working pretty well. Every dollar used by any country is backed to be secure, safe and available, can you say the same for crypto? And not sure why anyone would need anonymity unless their doing shady stuff. Here in Canada bank accounts are insured up to a certain amount by the gov't, so if a bank goes bankrupt we get our money back, but will never happen, as Canada's banks are some of the best in the world, can you say the same for crypto? Now lets think here, where should we put our money, in crypto which may be stolen or decrease in value significantly or in a bank where we know its safe? Crypto is a borderline scam and only fools would risk their money buying it. This is my impression on how crypto works; Bob 1 speaking to his buddy also named Bob, Bob 2. J[U]an 2021[/U] Bob 1: Hey man, I just bought 20 k of crypto. Bob 2: Cool man. [U]July 2021[/U] Bob 1: Dam , my 20k of crypto is only worth 10 k now. Bob 2: That sucks man. [U]December 2021[/U] Bob 1: Crap, my crypto account just got hacked, its worthless now. Bob 2: Bummer, lets go smoke some weed. [/QUOTE]

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