The world of cryptocurrency is a bespoke financial wonderland where timing is everything and nothing is certain. The moment you think you’ve got a handle on the market, a billionaire tweets out a meme and you’re thrust toward one margin or another.

Fans of rollercoasters and thrill-rides may enjoy the experience, but investors genuinely looking for a way out from underneath the oppression of centralized currency and banking might wish for a less volatile future.

Unfortunately, the path forward isn’t simple. On paper, decentralized digital currencies such as Bitcoin and Ethereum make perfect sense.

If I own a dollar’s worth of Bitcoin, and the US government decides to denounce me and declare my citizenship void, I still own a dollar’s worth of Bitcoin. But every penny of fiat currency I have in US markets, banks, 401Ks, and other investments would be completely lost.

Theoretically speaking, no single government or other cryptocurrency-holder should be able to revoke your holdings in a truly decentralized financial paradigm.

But, often, the only thing stopping government agencies from seizing cryptocurrency is technology. What happens if that changes?

Today, we’re promised our crypto holdings are secured against intrusion, theft, and withholding by literal cryptography. Just like the government can’t technically access our WhatsApp conversations because they’re encrypted, it shouldn’t be able to touch our cryptocurrency holdings.

And, with Bitcoin and similar…

Read more…