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I have heard/read that digital currency is a way to beat the corrupt banking industry. A little common sense will tell you that over-throwing the corrupt banking industry will happen shortly after over-throwing the corrupt government, the corrupt legal system, the corrupt healthcare system, the corrupt education system ................... and so on..................................

You hit the nail on the head, in terms of mass corruption, however the dominoes may not fall in that order... I trust crypto far more than any bank out there. If you only knew how the federal reserve and banking system works, and the fact they hold very little cash reserves, not to mention how heavily they have leveraged YOUR money (if you don't know what leverage is, look it up) -- if you know what any of this means, you'd probably pull your money out of the bank today...

Bitcoin has little to no utility, however it was the first crypto that kicked off the industry, which is why it's the most expensive. If you want to get into crypto, consider XRP (which has a TON of utility). Currently trading at $2.40/coin. If you do your research, you might find out that XRP has a very good chance at replacing swift and becoming the backbone of the new financial system. Not to mention XRP is able to perform cross-border transfers faster and cheaper than any technology out there.

Bitcoin is out of reach for too many people now that it's over $100k/coin, however XRP is just getting started...

Oh, of course there is also silver for those who don't trust cryto. The gold to silver price is 100 to 1, meaning you need 100 oz of silver to buy 1 oz of gold. Gold has been going vertical for the past couple of years, however silver hasn't taken off yet... XRP is Bitcoin's silver, just as silver is to gold. :D
 
You hit the nail on the head, in terms of mass corruption, however the dominoes may not fall in that order... I trust crypto far more than any bank out there. If you only knew how the federal reserve and banking system works, and the fact they hold very little cash reserves, not to mention how heavily they have leveraged YOUR money (if you don't know what leverage is, look it up) -- if you know what any of this means, you'd probably pull your money out of the bank today...

Bitcoin has little to no utility, however it was the first crypto that kicked off the industry, which is why it's the most expensive. If you want to get into crypto, consider XRP (which has a TON of utility). Currently trading at $2.40/coin. If you do your research, you might find out that XRP has a very good chance at replacing swift and becoming the backbone of the new financial system. Not to mention XRP is able to perform cross-border transfers faster and cheaper than any technology out there.

Bitcoin is out of reach for too many people now that it's over $100k/coin, however XRP is just getting started...

Oh, of course there is also silver for those who don't trust cryto. The gold to silver price is 100 to 1, meaning you need 100 oz of silver to buy 1 oz of gold. Gold has been going vertical for the past couple of years, however silver hasn't taken off yet... XRP is Bitcoin's silver, just as silver is to gold. :D
Good thing I don't have any money in the bank! 🤣

Here is why I am hesitant to jump on this wagon. We have heard for 30-40 years that by the time we get to age, Social Security will be gone, we have seen the stock market crash, we have heard that the AIDS and Covid pandemics would kill us all. Yet here we are.

I don't believe the corrupt banking industry will collapse, simply because the corrupt bankers are in the pocket of corrupt politicians and the politicians will change the rules to make sure their financial supporters stay afloat.

It's the American way!:(
 
I am no bitcoin advocate, the opposite in fact, but from the small blurb I read, it seemed to be akin to recent Healthcare exposures. Basic User info and masked SS and CC numbers. Was there more than what is being reported?
You mean like people cryptos? I hadn’t heard that any of that was stolen.
 
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