Holy TopKek

Schizos were right all along? Decentralization is a myth? Your shitcoins wont be worth jackshit if your address is blacklisted. Only a matter of time before the US does something similar. Crypto was a psyop it seems goddamnit

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blog.ethereum.org/2015/06/06/the-problem-of-censorship/
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it's over

can use a proxy to get around it but yeah this is a dangerous precedent. was only a matter of time, consensys is absolutely spineless

What are alternatives to Metamask?

Of course, anything that is not peer to peer digital cash is a scam, always has been

Weren't they secretly taken over by jpm?

I'm getting rid of metamask. What are alternatives

>this is a dangerous precedent
This. Especially after what Pochaontas (Senator Warren) just said at todays congress hearing of JPOW. Goddamn this is both scary and crazy

Yeah well JPM is behind it apparently.

>implying metamask is the only wallet

dude if you haven't pulled out of crypto yet idk what to tell you dont come crying when it nose dives off a cliff and you are left looking at the useless bags

Metamask is a centralized wallet...there are other wallets out there that wouldnt do this type of thing.

Holding ETH on cold storage = cash under mattress

Holding ETH in Metamask = bank account and has certain control over transactions

So no, its not a myth. Just nuanced like everything else in life.

you don’t hold eth on metamask

Trust Wallet

It's not about centralized or not, it's about the precedent. If the US comes out with a law and starts banning self-custody wallets, we're all fucked. You think TrustWallet or other self-custody wallets wont cave to their demands? We're truly fucked man

Where are you supposed to store coins then?

i keep hearing that rumor but haven't looked into it. the community manager thing was a major red flag, if an incompetent employee like that can push them around internally, they certainly would have no means or will to resist external forces

Damn how is this possible??? Can’t you just type your seed phrase into trust wallet to get around whatever bullshit metamask does???

>you don’t hold eth on metamask
>Trust Wallet
Doesnt matter, it's the precedent. If your address is blacklisted, whether you have it on a Ledger or if you setup your own wallet, you're fucked.

>Can’t you just type your seed phrase into trust wallet
Yes but your address stays the same, unless you wash them on Tornado but thats fucked

pocket network. Completely decentralized.

>implying i’d ever cash out

it's not by address, it's just looking at where the incoming packets are coming from

I see what you're saying, but let's say you're blacklisted because you dont want to KYC yourself. You wont be able to do anything. Only with shady P2P transactions but how will that work in the real world. Lets say you want to buy a house, no one will sell to you because you'd be blacklisted

>it's just looking at where the incoming packets are coming from
I understand, but let's say they blacklist your address because you're from Venezuela or Russia, and then you switch your IP address, your address would still be the same no?

>Schizos were right all along?
>Crypto was a psyop it seems
calling anyone who says something you don't like a "schizo" was certainly a psyop.

>If your address is blacklisted, whether you have it on a Ledger or if you setup your own wallet, you're fucked.
this is actually impossible if you use your own node or use Pocket. They found out in the hack dao that nodes cannot censure certain addresses because there is no reliable way to circulate a blacklist among nodes without opening the network open to DDOS attacks

blog.ethereum.org/2015/06/06/the-problem-of-censorship/

Sorry, I meant XRP Schizos. They've been saying this all along. They think a big crash will occur, including their asset (XRP) but eventually XRP will be worth a lot. I've no idea but lately everything theyve been saying is starting to show. Just look at the latest narrative, crypto is used by russia (the bad guys) to circumvent regulations. And coincindently the only asset being sued is XRP...Idk man

check'd and thanks I'll take a look at that. I guess what I'm trying to say is that it will hinder mass adoption, not everyone can self-custody, let alone use their own nodes

>ETH
>Decentralized
Fucking lmao

>implying people won’t start transacting in crypto instead of dollars

just slap the private key or seed phrase on a non fascist wallet and you can do whatever you want again with your shitcoins brah

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Its not Only etherum but chinance as well like all the others international business in Venezuela this is nothing new or the end crypto

Anything beyond this post is pure larping