Killer Whales crypto reality show launches about two years too late
September 15, 2023
https://web3isgoinggreat.com/?id=killer-whales-crypto-reality-show
@web3isgreat Aren’t all people involved in “crypto“ at this point just scammers and grifters?
> Aren’t all people involved in
> “crypto“ at this point just
> scammers and grifters?
No, I don't think so, although it can be tempting to assume that because there are certainly many scams.
The topic of how to handle private digital payments is an important one, especially as we approach a future where traditional cash will no longer be available.
I recommend the #MoneroTalk podcast, lots of interesting interviews there: https://www.monerotalk.live/
@eliasr Why will traditional cash not be available? This is another thing with crypto enthusiasts I don't understand. It's like they're trying to prepare for some Mad Max-type world, but in that case there wouldn't be a global network architecture required to perform these transactions.
@aphistic oh but cash is already starting to get harder to use.
Where I live (Sweden) there are now often situations where cash is not accepted, instead everyone is expected to use a digital payment system called "Swish" which is managed by the big banks, requiring use of their digital ID for each payment. Here, if you don't use "Swish" then you are an outsider, hard to participate in society.
It's like that now, and getting worse. Cash is increasingly seen as something used only by criminals.
@aphistic I found these about UK and US:
"Cashless society draws closer with only one in six payments now in cash": https://www.theguardian.com/business/2021/jun/16/cashless-society-draws-closer-with-only-one-in-six-payments-now-in-cash
"Americans Using Cash Less Often; Foresee Cashless Society": https://news.gallup.com/poll/397718/americans-using-cash-less-often-foresee-cashless-society.aspx
Everything gets more scary if we think about China where the government is likely to soon force use of a state-controlled digital currency connected to some "social credit" system. An efficient way for the state to control people, tracking suspicious purchases etc.