“OIG Investigators found that the DEA paid one airline employee tens of thousands of dollars over the past several years in proceeds from cash seized as a result of their tips. However, the vast majority of those airport seizures aren’t accompanied by criminal prosecutions. This has led to years of complaints from civil liberties groups that the DEA is abusing civil asset forfeiture—a practice that allows police to seize cash and other property suspected of being connected to criminal activity such as drug trafficking, even if the owner is never arrested or charged with a crime.”
Yeah, most people aren’t going to figure it out until they’ve been really hurt, and then they’ll be looking for something else. Pain is the only thing that makes habits change quickly. Otherwise, they either will not change or will only change extremely slowly.
And maybe, just maybe this is a solution in search of a problem for 99% of people and you crypto bros are grossly overestimating how useful this stuff really is. When the world runs on the dollar (or whatever your local currency is), you either need to convert to/from your so-called money to what the rest of the world is using, or you can bet that they’re immediately doing it for you on the other side.
Not everywhere will. Those businesses and individuals who believe in the philosophy of why crypto was needed to begin with either won’t convert anything at all or will convert as little as they need in order to survive and keep the rest. We also seek out individuals and businesses who agree with our philosophy and do business with them in order to help build a circular economy whenever possible. Thankfully, that is getting easier and easier as time goes on.
I think you’re severely overestimating how many people match that description.
I also noticed you never said anything about my point that early adopters stand to benefit by quite a lot if the world were to move to some kind of crypto. Do you agree that would be the case?
We have our own platforms where we can easily find each other in order to connect for circular economy purposes. And yes, somebody in crypto would easily benefit if people moved to a crypto standard because they took the risk early. I’ve recently been seeing chatter about governments around the world trying to tax people on their crypto holdings because they got in early and it’s not fair to everybody else. Well, everybody else didn’t take the risk.