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Shawn Ryan Show
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Comments by "" (@retagainez) on "Shawn Ryan Show" channel.
No way. I was listening to the Life or Death podcast featuring Tu Lam. Didn't think he would also show up on Vigilance Elite. He has got a great story. Thank you to all of Vigilance Elite for this great show.
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It is harder to manipulate due to its scarcity and non-centralized structure. Just as gold and silver are scarce, that's where we see the value. Crypto is simply more liquid because of its speed. The usefulness isn't much of a concern, the guest speaker on the show demonstrates that with his NGO. The main goal is for more people to adopt it, but this is a significant challenge since some countries (like the U.S.) rely upon its FIAT currency. There is a significant downside to owning something physically tangible that is as heavy as gold and silver. One of those reasons being it is very hard to physically move and is a waste of energy just for the sake of a transaction.
3
As far as solutions go, there are already encryption algorithms to slow down decryption with how much mathematical power there is behind quantum computing. I do wonder what kind of impact encryption will have on everyday life. The complexity of new algorithms can slow down some things as far as I know.
2
He clearly wasn't interested in having a conversation or recollection about his life as Shawn often lets his guests have. It was a political interview, but what can you expect?
2
Isn't he generally an isolationist focused on domestic policy?
1
best channel ever, you and the team never quit dudes are some of the best content creators out there right now
1
I'm not prepared to debate this, mostly since I don't know enough. An article from SeekingAlpha shows why the physical aspect of precious metals is a downside; from the perspective that gold is a currency. Can widespread adoption of BTC be done without causing negative side effects? Or at least mitigate most of the negative side effects? I think these are the most important questions for BTC rather than questioning the practicality of an electronic system (something that the U.S. primarily uses). Gold is a commodity, not a currency. The comparisons should be different. Not to mention the counterfeit issues that come with gold and the historical lessons we've been taught with metal currencies being phased out and replaced by FIAT currencies time and time again.
1
@inhocsignovinces1419 Fair point. I'm not sure if crypto is ready to be a nation's currency. Maybe it can, but there are probably many issues that we would see if that happened all of a sudden. It would have to slowly be phased in more likely.
1
As weird as it might sound, the software space is very much "over-engineering" things and sometimes adding TOO much tech.
1
hyped
1
@SpaceGhostPresto Sure they die, but I don't think falling/slipping and dying because of it is strictly limited to the electrician profession.
1
No Elon Musk in politics please, but I will take a healthier gov't overall...
1
awesome ad lol
1
Cryptocurrency is great and all but there's not really a way to bargain with it unless the other guy has a crypto wallet you can send to. Again, whoever you're bargaining with has to have the knowledge of how it all works. Unless of course, you have one of those RFIDs that can be easily accessed by smartphone. At that point, you do have an easy to exchange asset, given that the person bargaining with you understands how to use all of this. Maybe you can give your phone away which has access to your crypto wallet but you're bargaining a lot more than just your crypto at that point. With all that in mind, I agree with your choice(s), I would carry gold or a Rolex. Moral of the story: Such a small thing can have a lot of thought behind it.
1
Don't know if John 'Shrek' McPhee is up for it, but you should try to get him on. Watched a couple podcasts on him already and man has he got some stories.
1