So then why are the only people ising Bitcoin to move large amounts of money scammers and criminals? It’s a hassel to move large amounts of money from one country to another because the stakes are so high and everyone involved wants to make sure it is done properly. You wouldn’t send the down payment for a house or car via cash in the mail, so why would you do the online equivalent?
State currencies aren’t torching the rain forest for speculation and gambling. There are plenty of criticisms you can make about the Federal Reserve and the ECB, but resources they use facilites trade between over a billion people for food, housing, clothing, and critical infrastructure. Meanwhile Bitcoin uses the same amount of energy as Australia or the Netherlands to accomplish nothing more than scams and market speculation. That’s why even El Salvador’s authoritarian tech bro president abandoned it as a currency this year.
I know, but it’s frustrating when i search “restaurants in Cityville” and the results show restaurants in Cityville Indiana instead of my homestate. Or i search for “T-Mobile stores near me” and they list off ones 3 counties over instead of the ones near me. I understand that it is a privacy thing, but it is very annoying.
Same thing happens when i look up items on the grocery store website to see if they have something i need. Firefox seems to think i live over an hour away in Dearborn Michigan, so i have to adjust my location manually every time. I understand why it happens and i can accept it , but that doesn’t mean it isn’t frustrating.
Depends on what you mean by “thwart”. Facewatch is clearly calling all false positives a success, so if someone shows up in a facemask and the system says I am shoplifting, thats a successful prevention. Companies that do “prevention” of something like this can just call a success whatever they want.
The US dollar ultimately has power because that is what it takes to pay taxes in the US. You want to do business in the US? Uncle Sam gets his cut, and he only accepts greenbacks. Same with the EU, UK, China, and every other major currency. If you don’t give Uncle Sam his cut, you’ll go to jail or wake up to 110,000 tons of American “diplomacy” plus fleet escort sitting outside you main port.
Ultimately the economic power of a country is backed by the state’s power to defend it. That’s why the USD stands as the global reserve currency instead of something like the Lebanese Pound or the the Kiribati dollar.