Nah, you gotta remember that Bitcoin is worldwide and America is just 5% of the global population. You got cash, guns and some freedom left, hence not that much need for a decentralized digital peer to peer currency, yet.
On the other hand, if you live in socialist hell, or any totalitarian state, where cash is banned and the banking system really sucks (yes more corrupt than the American system). Then you'd be happy about Bitcoin.
There's never any particular reason as to why it goes up or down, it's supply and demand basically. Exchanges are open 24x7 and no regulation exist, everyone trade on equal conditions.
"American" system, lol. The Federal Reserve is not part of our govt, not the president, not senate, not the house can tell them what to do, but they control the money. And not just in the US, around the world.
I know federal reserve is not really federal. Yet it's the US military that comes after you if you decide to abandon the fractional reserve banking scam and replace it with gold backed or other better alternatives.
It's the government in an unholy alliance with a private entity, which also happens to have monopoly, enforced by the government. Literally fascism.
You realize the whole world trades on America’s stocks right? Any given country, a financial trader likely trades their local stocks and American stocks,from what I have heard. Not an expert.
Bitcoin is not stocks, it's a decentralized peer to peer payment protocol. Sure there are stocks following the Bitcoin price but if you trade those you're not reading Bitcoin.
I know that. But your argument was that today’s madness can’t be impacting bitcoin because America is only 5% of population. I am point out that just because America is 5% of the population doesn’t mean that the impact of American activity on btc is limited to 5%. You’re implying a stone makes a pure dimple, and not accounting for the ripple.
I heard criminals like fast cars too, because it helps them escape the police. If the Biden administration for some reason where afraid of fast cars they would spread a lot of FUD about them too, trying to scare people away from buying and driving fast cars.
Take all those news with a grain of salt, they're scared obviously. Just see how much control they have over the legacy financial system and the stock market. They really don't want to loose all that control. But they would lose it all if the majority used cryptocurrency instead of banks and FIAT.
I have personally followed the history of it. And no, if you're unaware of its coopting that's your own problem, I will not "kindly shut up." BTC has permanent block size caps that create artificial scarcity so as to recreate hub-and-spoke, trusted, centralized, and therefore controlled systems, as opposed to what Bitcoin was supposed to be (exactly the opposite).
BTC is intentionally hamstrung so that it cannot function properly. This is the result of the state's co-opting of the project circa 2017. You can see the crippling of BTC in real time with the link, juxtaposing it versus how actual Bitcoin functions.
Miners are already being paid with block rewards. They don't need anything more right now. Once adoption is high enough they will make plenty even with tiny fees. That is and always was the plan for Bitcoin. Why? Because it's supposed to be currency, money, cash, and cash that literally disintegrates for no good reason at all as you hand it over a counter or to a friend or a business partner is absolutely terrible. You can't be a currency and do that.
LN is a hub-and-spoke vaporware pet project that loses every important property of Bitcoin. If you're forced to use LN, that's just further evidence BTC is coopted.
Of course it's manipulated, the market is literally unregulated which means everyone trade on equal conditions, always. The key difference is that wall street or drug cartels for that matter doesn't have any advantage at all.
When they get rekt they get rekt, and nobody would bail them out. Neither could they use inflation because there will only ever be 21,000,000 coins and mining requires proof of work.
Tax... forget it, your keys = your coins, you could easily hide your stash and pretend to be poor even if you're a millionaire and there's no way for the government to find it.
Yep, it was already corrupted. Do your research people. If something is popular with normies, that should be a red flag.... Think about it, research it.
No. Classic example of someone who's been following Bitcoin since 2013. I've seen it all. The same shit that happened with GamerGate or this election or now WallStreetBets happened with the BTC "scaling debate." Media disinfo, coordinated coopting in the background, censorship of public debate, social media astroturfing, and now institutional pump and dump and manipulation through things like Tether. BTC and its network is now simply a blockchain version of the same banking system that we already had. That's why it can now be acceptable. Did you think the Fed and the largest moneyed interests in the world were simply going to let actual financial revolutions happen without resisting? No. Their primary attack has been coopting of BTC.
I went in 2011 and reviewed the code. It's not like legacy banking. In fact no version of Bitcoin has any similarity with legacy banking. You also seems to have missed that BCH (2017) forked to BSV (2019). Core (BTC) is the original chain.
No disrespect for BCH, BSV or any other fork, I get their reasoning behind bigger blocks. Because that what it's all about, the scaling. Back in 2009 smart phones with 16 - 32GB storage + centralized cloud storage wasn't a thnig. Most people has desktop PC's and hard drives with 500GB or even 1TB, which would double in size every second year according to moores law.
This means, is it wasn't or smartphones, tablets, ssd drives and centralized cloud storage, the average Joe would probably have 32TB - 64TB hard drives in their PC's today. Hence big enough to hold the entire BCH or BSV blockchain.
But since that's not the case we gotta have the 1MB block size limit, and solve the scaling on layer two, preferably in a decentralized way. At least for Bitcoin. I do like Moneros dynamic block size too, Ethereums sharding, and Nano's local chains, those solutions are all brilliant and much better ways of scaling.
So in conclusion, there's a lot of fake news in the media, from governments and from the banks. And the whole Bitcoin + all the forks is just confusing for everyone who doesn't know about crypto, so stop being a bitch about it, it only makes you look bad.
My advice: don't buy Bitcoin, buy Ethereum, Monero, Nano and some other coins who's tech and properties you like instead.
The original Bitcoin would have set up a completely independent financial system with a peer-to-peer, near instant and near free (think 00.00001 fees on any transaction) payments that gave people complete and decentralized control over their finances. Then, as a hedge against certain forms of early attack, a temporary block size limit was put into place, with the full understanding of everyone from Satoshi on down that it was to be removed immediately once the system could handle the worrisome attack.
What happened next was interests from outside pounced on the system's primary vulnerability: the social control of the codebase. Through ousting of original Bitcoin insiders like Gavin Andresen and the installation of clearly incompetent or controlled figures through Blockstream, the temporary limit was, through tons of infighting, censorship, and disinfo campaigns coordinated through social media (twitter, reddit) and official internet channels (bitcointalk forums), ensconced as a permanent feature. This was sold at the time through clearly bunk argumentation that it's not worth going into right now.
The salient result of this block size limit is that block space is now artificially limited. Artificially restricted. This causes the average fee to skyrocket, and even worse, bakes in the potential for enormous explosions in fee price as happened in Dec 2017 -- any time the network becomes too heavily used, its fee and the wait time increase exponentially.
Now, other than clearly destroying what was to be a peer-to-peer cash system, why is this important?
Well, again the outside-invested companies like Blockstream develop "second layer" solutions that allow people to use their tokens in transactions that will then only much later, and through Blockstream and friends, be settled on the BTC chain itself. But of course these second layer networks are privately and centrally controlled. They share none of the properties of the base Bitcoin layer that made it revolutionary, free, and valuable. Once this setup is accepted, BTC has become completely co-opted and under the control of status quo financial interests, since they will control the hubs and the centers of power over the network.
During all of those people quite aware of the bullshit created spaces for uncensored talk, like /r/btc (rather than the sewer that is /r/bitcoin), and originalist Bitcoiners forked away and formed Bitcoin Cash. It is now the only reasonable fork of Bitcoin worth calling Bitcoin. BTC is not Bitcoin any longer, though through the disinfo and capture of exchanges and the like they kept the brand and ticker name. But it's a shambling corpse with the face of Bitcoin sewn on....
I'm aware of the scaling problem, and both methods has it's pros and cons, that's the problem. Scaling must be done in a decentralized way, but currently all available scaling methods seems to lead to centralization in one way or another.
BCH and BSV would require bigger local disks to work, we might get there in a few years seeing how SSDs are getting bigger and cheaper every year, but we're not there yet. BCH processing the same amount of transactions as VISA would make the chain at least 1GB bigger every 10min, while you get fast and cheap transactions, very few people could possibly afford all the storage required, hence there would be too few nodes.
BTC has it's major issues too, I checked the transaction price a few days ago, $100 for one transaction, that's not sustainable either. While Lightning does work as a decentralized second layer solution too few people are aware of it, and fewer knows how to actually use it. Just like BCH and BSV this problem will likely be solved in a few years too.
There's really not much to do other than hodl and trade alts, while waiting.
What are we gonna use instead when they ban cash? without crypto there's literally only big banks available. Gold and silver maybe, if there's even stores accepting that, most small businesses are already killed by the plandemic and the bigger ones takes only plastic card.
A cashless society is what they get in 2023, all they need to do is to declare cash as worthless, close the ATMs and have banks and store stop accepting cash as payments and the cashless society is defacto standard.
I've seen it myself in the cashless part of Europe. If it wasn't for cryptocurrency banks would be the only available payment option. Not saying that you should stop using cash, keep using cash as long as it's allowed, it works great with crypto. Use cash as long as it's an accepted method of payment and use crypto as the digital alternative. Just avoid the banks and you'll be fine.
If they ‘end’ it they lose control of it; it will still exist and be traded
In the “cashless” part of Europe if you pull out a fat stack of American hundred dollar bills, they don’t laugh and turn away.
If they go cashless, for a while people will turn it over for online fiat but many won’t and in the years after that small amount of existing cash will be traded as hard currency, with huge inflation and no way to ever know how much cash actually exists: just like how the $1000 bill is technically not valid anymore but criminal rings still use it to transfer wealth.
Yea on the black market, but many sheep stays away from the black market solely because they are scared. It'll also be hard to verify, and the day someone figures out how to counterfeit them hyperinflation is ensured.
There needs to be alternatives, something that cannot be counterfeited, preferably physical and with similar properties as cash and gold.
The sheeps would fall in line by the time the elites moved us to a totally cashless society, I think.
Your point about counterfeiting stands; it’s possible the government would “salt the earth” by printing infinite money or releasing the technology or auctioning the equipment after the initial “turn in your cash” phase.
At that point I figure it’s back to gold and silver
A cashless society where big banks is the only alternative, or a proprietary cryptocurrency they created with additional properties that give them all the control unlike real cryptocurrencies. We can defend cash all we want but I'm afraid they'll get rid ocash eventually, remember who owns the money printers. Find alternatives before it's too late.
Because it dropped from 40k, in a bull market it typically goes up 50 - 100%, then fall 20 - 25%. If you'd expect further dips, just add a stop loss below 30k and there's nothing to lose.
Also, it's not stonks, you don't have to buy 1BTC, you can buy 0.5, 0.04867636 or why not 0.00000001.
BUY CARDANO (ADA) you dont want to miss this ride. hold it, stake it, earn 5-8% returns. every 5 days dividnz add to your bag ans compound. earth shattering tech. same guy built Etherium is building ADA with the brightest minds, peer reviewed work. proof of stake. decentralized, dapps, fintech,defi,currency, rewards. look it up!
Regulating the exchanges is easy. They are already doing it to some extent. Unless you mine and trade off exchanges, they will find how much you made and where you put it.
Huh? In my community I can walk into a coffee shop and deposit $1000 into a bitcoin atm that prints out a receipt with the key. If I wanted too I could get a cash job and convert to btc daily and the government would send me welfare. To regulate exchanges that would have to be outlawed wouldn’t it?
and if they did outlaw that, wouldn’t there just be grey market exchanges where people run VPN to basically buy btc on exchanges hosted in like, the Cayman Islands?
Seems like government can only track if you do super basic transaction of Your Bank Account > US Hosted Exchange
Who knows but crypto has now went beyond the point of return. Even if Xiden banned it tomorrow it's still one of the most useful assets in the world and will continue to have wild swings higher and lower until it ultimately finds a more stable value. It would be like trying to ban email after people know how to use it.
You know, if they actually do that than the stock market is practically dead. They need the average joe to put their money into the market, because that's the primary input for stock speculation's output...
Cant like this and also fuck bitcoin. Do you really think they would allow any cripto to be traded if it was not controlled by either cia or fbi? Some government agency set it up to move us to a cashless society and idiots just keep throwing real money at a think that has no value except the made up numbers on a computer. Power goes out get out your coin purse and give someone 5 bitcoin for some food....oh wait there is no such thing as bitcoin never mind.
Aw man, I didn't know they toured! I've seen Primus and Duo De Twang, that would of been great. I was a member of Les Claypool's wine club and got invited to a wine tasting in Sebastopol, only like 75 people, it was great. He poured wine for me and my buddy and said, "how's it going, boys?" And I replied, "living high on the greasy hog!" He loved that!
Globalists controls all the big banks and are buying up the smaller ones, cash won't exist forever, they want to get rid of it in just 2 years and it's not gonna be hard for them to do that either because cash is also controlled by the banks.
Guns, cars, canned food and stuff like that exist in the whole world too, they're global assets, but not globalism. Understand the difference.
Ah that's why btc is going up today
Nah, you gotta remember that Bitcoin is worldwide and America is just 5% of the global population. You got cash, guns and some freedom left, hence not that much need for a decentralized digital peer to peer currency, yet.
On the other hand, if you live in socialist hell, or any totalitarian state, where cash is banned and the banking system really sucks (yes more corrupt than the American system). Then you'd be happy about Bitcoin.
There's never any particular reason as to why it goes up or down, it's supply and demand basically. Exchanges are open 24x7 and no regulation exist, everyone trade on equal conditions.
"American" system, lol. The Federal Reserve is not part of our govt, not the president, not senate, not the house can tell them what to do, but they control the money. And not just in the US, around the world.
I know federal reserve is not really federal. Yet it's the US military that comes after you if you decide to abandon the fractional reserve banking scam and replace it with gold backed or other better alternatives.
It's the government in an unholy alliance with a private entity, which also happens to have monopoly, enforced by the government. Literally fascism.
You realize the whole world trades on America’s stocks right? Any given country, a financial trader likely trades their local stocks and American stocks,from what I have heard. Not an expert.
Bitcoin is not stocks, it's a decentralized peer to peer payment protocol. Sure there are stocks following the Bitcoin price but if you trade those you're not reading Bitcoin.
I know that. But your argument was that today’s madness can’t be impacting bitcoin because America is only 5% of population. I am point out that just because America is 5% of the population doesn’t mean that the impact of American activity on btc is limited to 5%. You’re implying a stone makes a pure dimple, and not accounting for the ripple.
and the thousands of new coins are much much more than that
here's the founder of cardano explaining https://youtu.be/Ja9D0kpksxw
Maybe, but Janet Yellen has already said publicly that she will be going after Bitcoin because “it’s used largely for illegal activities”.
I heard criminals like fast cars too, because it helps them escape the police. If the Biden administration for some reason where afraid of fast cars they would spread a lot of FUD about them too, trying to scare people away from buying and driving fast cars.
Take all those news with a grain of salt, they're scared obviously. Just see how much control they have over the legacy financial system and the stock market. They really don't want to loose all that control. But they would lose it all if the majority used cryptocurrency instead of banks and FIAT.
She would certainly know about illegal activities.
https://patriots.win/p/11SKByrTng/the-dollar-is-a-short-on-the-fre/
FYI BTC is already coopted by the state. Since at least 2017. Bitcoin survives as BCH. Check it out.
BCH is shit and you have no evidence of "the state" co-opting BTC.
Kindly shut the fuck up.
I have personally followed the history of it. And no, if you're unaware of its coopting that's your own problem, I will not "kindly shut up." BTC has permanent block size caps that create artificial scarcity so as to recreate hub-and-spoke, trusted, centralized, and therefore controlled systems, as opposed to what Bitcoin was supposed to be (exactly the opposite).
So... "I'm just making shit up" it is, then, eh?
No, the history is widely documented. You can start with the sidebar resources in /r/btc if you want, though there are other places.
R/btc is a bch fangirl's site.
https://txstreet.com/v/bch-btc
I'm not sure how you thought this was a good response to me
BTC is intentionally hamstrung so that it cannot function properly. This is the result of the state's co-opting of the project circa 2017. You can see the crippling of BTC in real time with the link, juxtaposing it versus how actual Bitcoin functions.
"Paying the miners" is part of any crypto's function. BTC is THE most secure blockchain, and paying the miners is part of the reason.
You're only looking at it from a spender's point of view.
Further, tx fees on LN - waaaay more private than bch - are near 0 and instant.
Miners are already being paid with block rewards. They don't need anything more right now. Once adoption is high enough they will make plenty even with tiny fees. That is and always was the plan for Bitcoin. Why? Because it's supposed to be currency, money, cash, and cash that literally disintegrates for no good reason at all as you hand it over a counter or to a friend or a business partner is absolutely terrible. You can't be a currency and do that.
LN is a hub-and-spoke vaporware pet project that loses every important property of Bitcoin. If you're forced to use LN, that's just further evidence BTC is coopted.
Rich pepole, blacks, pedophiles and trannys are the protected classes in this country. Let that sink in for a second. Get it?
You forgot one tribe.
Too be fair he kind of covered them in at least 3 of those categories.
they definitely ain't black, so.................
plus, black trannies = wet dream/cuck fantasy of every rabbi
yum
Nah they count as rich pepole
what would happen if everyone bought themselves a dress
Dresses make my ass look fat. lol
Doesn't anyone realize that BTC is also heavily manipulated by the wealthy, especially the global criminal cartels?
Of course it's manipulated, the market is literally unregulated which means everyone trade on equal conditions, always. The key difference is that wall street or drug cartels for that matter doesn't have any advantage at all.
When they get rekt they get rekt, and nobody would bail them out. Neither could they use inflation because there will only ever be 21,000,000 coins and mining requires proof of work.
Tax... forget it, your keys = your coins, you could easily hide your stash and pretend to be poor even if you're a millionaire and there's no way for the government to find it.
Yep, it was already corrupted. Do your research people. If something is popular with normies, that should be a red flag.... Think about it, research it.
Dorsey has been pumping it for a few years. He transfers a lot of his liquid assets into it.
Yup, he banned actual Bitcoin (BCH) from twitter because he knows BTC is already in control of institutional interests, including his own.
No, you give us the evidence
classic example of FUD
No. Classic example of someone who's been following Bitcoin since 2013. I've seen it all. The same shit that happened with GamerGate or this election or now WallStreetBets happened with the BTC "scaling debate." Media disinfo, coordinated coopting in the background, censorship of public debate, social media astroturfing, and now institutional pump and dump and manipulation through things like Tether. BTC and its network is now simply a blockchain version of the same banking system that we already had. That's why it can now be acceptable. Did you think the Fed and the largest moneyed interests in the world were simply going to let actual financial revolutions happen without resisting? No. Their primary attack has been coopting of BTC.
I went in 2011 and reviewed the code. It's not like legacy banking. In fact no version of Bitcoin has any similarity with legacy banking. You also seems to have missed that BCH (2017) forked to BSV (2019). Core (BTC) is the original chain.
No disrespect for BCH, BSV or any other fork, I get their reasoning behind bigger blocks. Because that what it's all about, the scaling. Back in 2009 smart phones with 16 - 32GB storage + centralized cloud storage wasn't a thnig. Most people has desktop PC's and hard drives with 500GB or even 1TB, which would double in size every second year according to moores law.
This means, is it wasn't or smartphones, tablets, ssd drives and centralized cloud storage, the average Joe would probably have 32TB - 64TB hard drives in their PC's today. Hence big enough to hold the entire BCH or BSV blockchain.
But since that's not the case we gotta have the 1MB block size limit, and solve the scaling on layer two, preferably in a decentralized way. At least for Bitcoin. I do like Moneros dynamic block size too, Ethereums sharding, and Nano's local chains, those solutions are all brilliant and much better ways of scaling.
So in conclusion, there's a lot of fake news in the media, from governments and from the banks. And the whole Bitcoin + all the forks is just confusing for everyone who doesn't know about crypto, so stop being a bitch about it, it only makes you look bad.
My advice: don't buy Bitcoin, buy Ethereum, Monero, Nano and some other coins who's tech and properties you like instead.
You don't understand what I'm saying.
The original Bitcoin would have set up a completely independent financial system with a peer-to-peer, near instant and near free (think 00.00001 fees on any transaction) payments that gave people complete and decentralized control over their finances. Then, as a hedge against certain forms of early attack, a temporary block size limit was put into place, with the full understanding of everyone from Satoshi on down that it was to be removed immediately once the system could handle the worrisome attack.
What happened next was interests from outside pounced on the system's primary vulnerability: the social control of the codebase. Through ousting of original Bitcoin insiders like Gavin Andresen and the installation of clearly incompetent or controlled figures through Blockstream, the temporary limit was, through tons of infighting, censorship, and disinfo campaigns coordinated through social media (twitter, reddit) and official internet channels (bitcointalk forums), ensconced as a permanent feature. This was sold at the time through clearly bunk argumentation that it's not worth going into right now.
The salient result of this block size limit is that block space is now artificially limited. Artificially restricted. This causes the average fee to skyrocket, and even worse, bakes in the potential for enormous explosions in fee price as happened in Dec 2017 -- any time the network becomes too heavily used, its fee and the wait time increase exponentially.
Now, other than clearly destroying what was to be a peer-to-peer cash system, why is this important?
Well, again the outside-invested companies like Blockstream develop "second layer" solutions that allow people to use their tokens in transactions that will then only much later, and through Blockstream and friends, be settled on the BTC chain itself. But of course these second layer networks are privately and centrally controlled. They share none of the properties of the base Bitcoin layer that made it revolutionary, free, and valuable. Once this setup is accepted, BTC has become completely co-opted and under the control of status quo financial interests, since they will control the hubs and the centers of power over the network.
During all of those people quite aware of the bullshit created spaces for uncensored talk, like /r/btc (rather than the sewer that is /r/bitcoin), and originalist Bitcoiners forked away and formed Bitcoin Cash. It is now the only reasonable fork of Bitcoin worth calling Bitcoin. BTC is not Bitcoin any longer, though through the disinfo and capture of exchanges and the like they kept the brand and ticker name. But it's a shambling corpse with the face of Bitcoin sewn on....
I'm aware of the scaling problem, and both methods has it's pros and cons, that's the problem. Scaling must be done in a decentralized way, but currently all available scaling methods seems to lead to centralization in one way or another.
BCH and BSV would require bigger local disks to work, we might get there in a few years seeing how SSDs are getting bigger and cheaper every year, but we're not there yet. BCH processing the same amount of transactions as VISA would make the chain at least 1GB bigger every 10min, while you get fast and cheap transactions, very few people could possibly afford all the storage required, hence there would be too few nodes.
BTC has it's major issues too, I checked the transaction price a few days ago, $100 for one transaction, that's not sustainable either. While Lightning does work as a decentralized second layer solution too few people are aware of it, and fewer knows how to actually use it. Just like BCH and BSV this problem will likely be solved in a few years too.
There's really not much to do other than hodl and trade alts, while waiting.
There are no reasonable cons to scaling up exactly as Satoshi and the entire community outlined and foresaw.
There is no reason for every single person to have the entirety of the history of the chain on their HDD.
Where is a good place to learn about crypto, I would love to diversify.
/r/btc is decent.
This ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^. If you think big banking cartels don't own this, you are crazy.
been saying this for years now
And it's time people wake the hell up. This is THEIR game. We need to stop playing it and play our own.
What are we gonna use instead when they ban cash? without crypto there's literally only big banks available. Gold and silver maybe, if there's even stores accepting that, most small businesses are already killed by the plandemic and the bigger ones takes only plastic card.
And again.
No cryptocurrency. A cashless society is EXACTLY what they are after.
A cashless society is what they get in 2023, all they need to do is to declare cash as worthless, close the ATMs and have banks and store stop accepting cash as payments and the cashless society is defacto standard.
I've seen it myself in the cashless part of Europe. If it wasn't for cryptocurrency banks would be the only available payment option. Not saying that you should stop using cash, keep using cash as long as it's allowed, it works great with crypto. Use cash as long as it's an accepted method of payment and use crypto as the digital alternative. Just avoid the banks and you'll be fine.
Cashless is a myth
Cash exists
It’ll always exist
If they ‘end’ it they lose control of it; it will still exist and be traded
In the “cashless” part of Europe if you pull out a fat stack of American hundred dollar bills, they don’t laugh and turn away.
If they go cashless, for a while people will turn it over for online fiat but many won’t and in the years after that small amount of existing cash will be traded as hard currency, with huge inflation and no way to ever know how much cash actually exists: just like how the $1000 bill is technically not valid anymore but criminal rings still use it to transfer wealth.
Yea on the black market, but many sheep stays away from the black market solely because they are scared. It'll also be hard to verify, and the day someone figures out how to counterfeit them hyperinflation is ensured.
There needs to be alternatives, something that cannot be counterfeited, preferably physical and with similar properties as cash and gold.
The sheeps would fall in line by the time the elites moved us to a totally cashless society, I think.
Your point about counterfeiting stands; it’s possible the government would “salt the earth” by printing infinite money or releasing the technology or auctioning the equipment after the initial “turn in your cash” phase.
At that point I figure it’s back to gold and silver
A cashless society where big banks is the only alternative, or a proprietary cryptocurrency they created with additional properties that give them all the control unlike real cryptocurrencies. We can defend cash all we want but I'm afraid they'll get rid ocash eventually, remember who owns the money printers. Find alternatives before it's too late.
Already found alternatives yrs ago: gold & silver.
Fair enough, as long as you know places that accept it. Otherwise it's still a great store of value.
why would i buy btc at 30k?
Because it dropped from 40k, in a bull market it typically goes up 50 - 100%, then fall 20 - 25%. If you'd expect further dips, just add a stop loss below 30k and there's nothing to lose.
Also, it's not stonks, you don't have to buy 1BTC, you can buy 0.5, 0.04867636 or why not 0.00000001.
Why would you buy GameStop at 300?
BUY CARDANO (ADA) you dont want to miss this ride. hold it, stake it, earn 5-8% returns. every 5 days dividnz add to your bag ans compound. earth shattering tech. same guy built Etherium is building ADA with the brightest minds, peer reviewed work. proof of stake. decentralized, dapps, fintech,defi,currency, rewards. look it up!
What do you think Biden admin will do to regulate Crypto?
Regulating the exchanges is easy. They are already doing it to some extent. Unless you mine and trade off exchanges, they will find how much you made and where you put it.
Huh? In my community I can walk into a coffee shop and deposit $1000 into a bitcoin atm that prints out a receipt with the key. If I wanted too I could get a cash job and convert to btc daily and the government would send me welfare. To regulate exchanges that would have to be outlawed wouldn’t it?
and if they did outlaw that, wouldn’t there just be grey market exchanges where people run VPN to basically buy btc on exchanges hosted in like, the Cayman Islands?
Seems like government can only track if you do super basic transaction of Your Bank Account > US Hosted Exchange
charles is a smart guy, and he doesnt seem worried. he knows something
You got big bags?
as it stands...i could retire and live off stake rewards @ 7.50
bags or balls?
Don't need big balls to hodl Cardano, safe bet. ;)
that my fren is as true as the gras is green, the sky is blue and Trump won 2020 by a LOT
Who knows but crypto has now went beyond the point of return. Even if Xiden banned it tomorrow it's still one of the most useful assets in the world and will continue to have wild swings higher and lower until it ultimately finds a more stable value. It would be like trying to ban email after people know how to use it.
You know, if they actually do that than the stock market is practically dead. They need the average joe to put their money into the market, because that's the primary input for stock speculation's output...
Cant like this and also fuck bitcoin. Do you really think they would allow any cripto to be traded if it was not controlled by either cia or fbi? Some government agency set it up to move us to a cashless society and idiots just keep throwing real money at a think that has no value except the made up numbers on a computer. Power goes out get out your coin purse and give someone 5 bitcoin for some food....oh wait there is no such thing as bitcoin never mind.
God bless that kid- he's turned out alright!
Ugh. Exchange one fake currency for another fake currency.
Liquidate me then, Im not selling
Shares plunge? Says they're rising.
Claypool Lennon delirium woot
Great band!
saw em en portland 4-5 yrs ago. pretty sweet
Aw man, I didn't know they toured! I've seen Primus and Duo De Twang, that would of been great. I was a member of Les Claypool's wine club and got invited to a wine tasting in Sebastopol, only like 75 people, it was great. He poured wine for me and my buddy and said, "how's it going, boys?" And I replied, "living high on the greasy hog!" He loved that!
John Lennon grew more conservative as he got older, I think Sean is picking up where his Dad left off.
Never thought I’d agree with Yoko Ono and John Lennon’s son but here I am lol
Why did Yoko Ono fuck Julian out of a career?
He's not hers and she didn't
Every time I see Sean Lennon's tweets/comment, I scratch my head and wonder how the fuck a commie and a cook created him.
He's probably soured that his mom is so nuts and treated him unfairly.
Nah he loves his parents!
They say that kids usually rebel against their parents.
Agree with everything except the plug at the end. Cringe as fuck.
Escape tyranny. Buy globalist money. lol
Globalism != global
Globalists controls all the big banks and are buying up the smaller ones, cash won't exist forever, they want to get rid of it in just 2 years and it's not gonna be hard for them to do that either because cash is also controlled by the banks.
Guns, cars, canned food and stuff like that exist in the whole world too, they're global assets, but not globalism. Understand the difference.
globalization and globalism are different; one of these terms is purely economical while the other is political and also economical at the same time.