As Future Money, Crypto Has Many Weaknesses
What is Cryptocurrency? In the previous edition, we mentioned what Cryptocurrency is. Cryptocurrencies in Indonesia are translated as digital assets according to several sources. Because it is an asset, it cannot be used as a legal tender. Unlike Elsavador which accepts payments with bitcoin. So it is legal as a medium of exchange and transactions.
Therefore, Crypto in Indonesia is only used as an investment object rather than a transaction. Talking about investing, of course, this Crypto has a relatively high ratio profile. So that the value of your assets can be reduced by -99% or vice versa.
If you forget your wallet key, wallet address, and wallet password this will cause you to not be able to access your crypto. It is very risky if you do not properly store every password or key in the wallet that you use to store crypto.
In addition to the problem of forgetting the wallet key or password. Cryptocurrencies with speed and ease of transfer can be used as a place for money laundering. In addition, it can also be used for crimes and crimes such as paying for murder, embezzlement of funds, financing terrorism networks, and so on. Because this crypto has privacy and anonymous security.
Even the original purpose of the creation of bitcoin is not too far from the name of crime. Such as paying hackers, kidnappings, robberies, and murders. People who work under this “Land” are getting easier to accept payments with the security of their privacy. The technology we see and feel in the real world is far more sophisticated than the technology of the underground workers.
Like an iceberg in the ocean, it looks small on the surface but is huge inside. Likewise with this kind of technology. It can be seen that we are ordinary people who have just come out, if everything comes out we can't even handle it. For example, in the era of Prophet Solomon who could talk to various animals, maybe we would think it was crazy if in the future there was technology that could talk to creatures other than humans.
Likewise with the story of Prophet Solomon when he ordered to bring the Palace of Queen Balqis in an instant before his eyes. Those who do that based on what some sources say are experts in science. You could say, technologist. If there's such a semi now being built in the Metaverse, it's as if people can be anywhere while using the metaverse. If there is real technology, in an instant we will be in America, Canada, or Indonesia. Will be accepted after this metaverse.
So actually technology continues to develop according to its time. It can also be repeated according to inspiration from old civilizations. So, for that, we need not be surprised by this increasingly crazy technological development. It's just where we want to put ourselves, whether we want to learn it or not.[]
Well, that's the story of Mr. Dex when I visited him some time ago. Currently, he is developing Blockchain Technology which can interact directly with various ongoing events. More to the development of the future journalist system.
Further, I will republish some of our chats at Dex C TV Headquarters with Mr. Dex. All the explanation above is Mr.'s personal opinion. Dex and the one I publish already have the permissions. Because all the scripts that I wrote are the results of direct interviews with him.