STEEMIT TIPS- Crypto is the wild west of our day (Just broke 1,000 followers!!! Top 125 account by followers!)

in wildwest •  7 years ago  (edited)

Hardly a day passes where I'm not hearing a story about violence, drugs, financial schemes, fraud, or some other crazy thing happening in the crypto space. Yes, this place is filled with kind-hearted, well-meaning, free-spirited people trying to change the planet. All I'm saying is that there are also schemers, robbers, villains, and somewhere down the line some pretty serious drug dealers.

Crypto is still just people and people do crazy things


Back in the day you had bank robbers. Now you have hackers that break open exchanges. Back in the days you had whores who would take USD for sexual acts out of wedlock. Those same people exist, and we've added a whole new category of gender-fluid whores and cam-people, and now they take crypto. People used to buy drugs in dark alleyways. Now you pay online with crypto and your fedex delivery guy turns out to be an involuntary drug dealer.

Part of the challenge is that the laws aren't set and part is that most don't want them set

Sure, theft is wrong and bad, but when 150,000 shitcoins go missing who do you call? SEC? Police? What authority do you take that to?

"So, you have this imaginary coin that was stored on a computer, but in a virtual exchange, and the virtual exchange made off with your coin? Like a reverse bank robbery?" (Points and Laughs at you)

And what's the option? Get a giant government agency all transfixed on crypto space? That sounds nightmarish too. I was just complaining about criminals and now we want to put them in charge? I think it just makes things tricky and hard. It's why things like rep scores matter so much in this business.

What's my point?

I guess my point is for those that are getting into the space remember to keep your wits about you. If it feels scammy it probably is. Don't invest more than you can afford to lose. Watch your back. Use references if you're going into business with people and just try to stay safe... especially when you're doing illegal things.

Will it change?

This whole space is mainstreaming. Just like the wild west used to be shoot outs etc. I think Crypto is going to get more corporate. With Fidelity and JPM investing in the space it'll turn into a digital Vegas. Not the seedy in your face mob run thing, but a family friendly vernier with some alt life fun with a shady undertone a few steps back. This industry has an $80B marketcap. I can give you 80 billion reasons to act shady.


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THERES GOLD IN THEM THAR 'PUTERS!!!

Now you pay online with crypto.... Or with card ... The money (currency) is becoming invisible !!!
I think that cryptos have a lot more than prize .
Verbigratia: #Steemit have value... I can...

  • write in free speech (not as free beer, of course ;-) )
  • Decentralicing the Internet of words and concepts
  • Making ¿intelligent? contracts.
  • Creating social relations and contrasting points of view
  • Reading (and speaking/wrting you)
  • Transfering founds without fees and reasonable speed.....

Really the steem's value is 0.00043500 BTC f a currency (BTC)whose commissions reach 0.001 of himself and it takes 2 days to confirm ??'

I can be wrong, but think what some criptos or alt have a lot of value. I think the prize is not relevant.

Cheers,

Awesome post, puts things into a great perspective with the wild west analogy. Upvoted and I think I just had the privilege of being your 1,000th follower. Best to you and looking forward to reading more of your posts.

WOOT! You can have 10 SBD for that! Thanks for hoppin' on the Aggroed bus!

So cool! Happy to be on the Aggroed bus! :)

Great post. I see the similarities to the wild West and completely don't want the government running it. Because yes, they are some of the biggest crooks.. and yes I think I rep score does good to help mitigate bad decisions and loss. And to know how good a source is. And I just don't know what you do if someone takes your 150k shitcoins. It's a hard question. A fork we will have to get through somehow before cryptocurrency can take some of the next bigger steps..

Ounce of prevention is worth a ton of cure on that one.

And a quick question on witnesses , if I vote for 5 witnesses.. are those votes more powerful than if I vote for 20 witnesses? If yes then thanks. If no might you have some suggestions of other good witnesses? I see lots that post good stuff often, that deserve a vote. Yourself included

@ausbitbank @teamsteem are two I'd toss out in a heartbeat. There are others that are solid too. You get 30 votes. It doesn't dilute your stake to vote for more than 1 as far as I know.

Ok thanks for the quick reply. Momma always told me not to trust someone that replies faster then me since I reply so fast usually. But I don't care what she says about you. You ausbitbanks and teamspeak all get votes! Have a good day yo

Your doing good because your: you :-)

**Interesting thoughtful posts, and put the effort in.
things are not perfect here, but with a strong community (which we have ), I see things moving in the right direction, And thats is the direction I intend to head :-)

Thank you

plus a shameless plug ....

to feed me.jpg

My Signature Post ---> Fun & maybe a little Cheeky

steem on my Friends.....

Spending some time on Twitter as well as Steemit, I am seeing a lot more awareness of the crypto space now that bitcoin crossed 2K. I see the market cap in cryptos doubling two more times this year. I have no source, only my opinion based on the awareness levels rising.

Congratulations. You are doing so well with your account.

Working hard.

I think the dam will break. This place and others will flood. Best time to get money in. We'll see.

Congratulations on 1,000 followers milestone. Keep it up :)

thanks boss!

Steem on!

YEEEHHAAAWW! Good job, I assume you can't wait for it!! @aggroed
I forgot to mention that I followed you too. I feel that your blog really worths reading and is interesting. Please feel free to check mine as well ;)

Sold! Follow granted! Graphic designer eh... Want to make some badges for the Minnow Support Project?

I would love to. Is there anyone who is currently working on it? (And don't say me LOL).

I put it in the last post and haven't heard back. I think you saw the gif that just got created, but that's it. I'd love to have a winner's and maybe 1-2 runner up badges for folks. So minnows that win can display it with honor on their posts. It's good marketing for both sides.

Yeah, I understand. Do you have any ideas for the badges?

I'm like the least graphical person in the world. My wife won't let me hang pictures in the house.

I was thinking maybe some cartoonish minnow flexing. With Minnow Support Project kinda scrolled around the edge of the circle. Maybe they're on like an olypmian 3 staged winners stand. idk

When I went to get a tattoo the guy said my drawing was stupid. He redrew it and inked it. One of the best decisions in art I've made. Give professionals space to be awesome.

Phhh this is such a funny story

Great! Glad you like it. All my stuff tends to go this way :)

Totally agree with you. But it is nice to start living in interesting times. Must say that before crypto started becoming a thing life sort of felt like one of those "in between great things" periods you read about in history books. Where nothing really happened. Glad we left the 90's and 00's :)