Who here knows anything about Cryptocurrency and Blockchain?

A cryptocurrency (or crypto currency or crypto for short) is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership.[1][2] It typically does not exist in physical form (like paper money) and is typically not issued by a central authority. Cryptocurrencies typically use decentralized control as opposed to centralized digital currency and central banking systems.[3] When a cryptocurrency is minted or created prior to issuance or issued by a single issuer, it is generally considered centralized. When implemented with decentralized control, each cryptocurrency works through distributed ledger technology, typically a blockchain, that serves as a public financial transaction database.[4]

@jun So basically Crypto would benefit the people if they use it, which it wouldn't be taxed and ran through the federal reserve.

Posted by: @charlie

If you guys are knowledgable in this subject, lets share our thoughts. I want to know indepth of this subject, and what kind moves I should make in dealing with Crypto.

I do a little bit of bitcoin and mining. Yes, it's the future but before Facebook, there was myspace, Friendster, and other social media network. 

the same thing can happen with Cryptocurrency. bitcoin has too many competitors. 

what is your long term goal with Cryptocurrency? 

@rambo Long enough to be able to spend money by spoiling myself a little while I am able and healthy. Also able to accumulate the crypto enough to retire with it, and give it to my future kids.

Posted by: @charlie

@jun So basically Crypto would benefit the people if they use it, which it wouldn't be taxed and ran through the federal reserve.

for now but it the future it will be taxed