posted ago by ExposeElites ago by ExposeElites +7 / -1

Kind of surprising how the feds haven't stepped in to regulate Bitcoin and other cryptos.

Considering how hard the lefties like Jack Dorsey are pushing it, we should all stop and think about it... and consider trying to stop it before it's too late.

What are the odds Big Tech is scheming to take over all finances via crypto? If they succeed, then what?

That's right.... we're totally fucked.

Bitcoin may actually be the number of the beast...

Comments (15)
sorted by:
5
King1001 5 points ago +5 / -0

And fiat money isn't

-1
ExposeElites [S] -1 points ago +1 / -2

they both are... but crypto is worse because they will probably be able to figure out a way to freeze your assets instantly if you are not in lock step.

All I know is everyone I see pushing crypto is not someone I trust. Like Jack Dorsey having it in his Twitter bio

2
ThomasWashington 2 points ago +2 / -0

Check out defi exchanges queer bait. Your assets aren’t tied to you in crypto they are the to wallet address. Transferable for cash, goods, fiat in another nation. Stop bitching and start buying cuz if it’s got even a slight chance of decentralizing the fed get on board

2
fegeline 2 points ago +2 / -0

There are two concepts to understand in the digital world:

Centralization: Big banks, Twatter, FB, Google on one side, This site, Gab and other based servers and sites on the other side. Whoever controls the centralized servers have full control and can do anything without out consequences. This is dangerous in the wrong hands.

Decentralization: Crypto, distributed solutions, torrents, any peer-to-peer protocol, nobody controls it and there could be thousands of servers/nodes involved. To gain control you need to control at least 51% of all the nodes/servers. To shut it down you need to physically find every single node and destroy it. These ain't data centers, but could be a tiny chip the size of a credit card well hidden in someones home.

Other advantages with cryptocurrencies:

  • Open source and transparent, all the data and source code is public and available to everyone. Someone goes against the majority or trying to take control? well fuck them, then we fork them out.
  • Open protocol, there's many different wallet software available, you're not tied to any of them, you use what's best for you and they talk the same protocol.
  • Limited supply and predictable inflation, no fuckery by the fed, unless they manage to trick people into buying fake coins that doesn't exist, just like they did to gold and silver and are still doing.
  • Secure, mathematically verifiable proof of work. This ensures that the power stay with the majority of the people, and people get paid so there's always a financial incitement to contribute to the network security.
4
OXIE 4 points ago +4 / -0

Here is where you should post that.

Just tell them you are on to their little secret.

Bitcoin Talk

Where they give away all their secrets about Bitcoin and Crypto.

https://bitcointalk.org/

4
Fignugent 4 points ago +5 / -1

this kid knows absolutely NOTHING about bitcoin, yet has strong opinions about it

retard

-2
ExposeElites [S] -2 points ago +1 / -3

what makes you think I know nothing about bitcoin?

I've played around with it long enough to know it is absolute crap.

What's the point of it? Today the average transaction fee is $13.24.

So I buy a cup of coffee worth $5 but end up paying $20? lol

But all you need to know is the type of people that are pushing it. Like commie scum Jack Dorsey.

It's the only thing in his bio. What else do I need to know?

https://twitter.com/jack

3
Fignugent 3 points ago +4 / -1

So I buy a cup of coffee worth $5 but end up paying $20? lol

you don't need to buy anything with bitcoin except dollars

use dollars to pay for your coffee

you can't seriously be this stupid..

"durr bitcoin charge 13 dollars i'm going to pay for my coffee with it anyways then bitch about it looooooooooooool"

-2
ExposeElites [S] -2 points ago +1 / -3

your reply makes no sense to be honest. "You're not going to buy anything with bitcoin except dollars?"

Everyone I see talking about Bitcoin thinks this will eventually replace the dollar.

If you can't use Bitcoin to make a simple purchase like coffee, than what is the point?

The point is there is no point except that it is a total scam.

4
Fignugent 4 points ago +5 / -1

the point is it's worth 50,000 and the us government can't print more of it to devalue the ones you have

3
fegeline 3 points ago +3 / -0

Gold or a steak wouldn't be very practical for buying coffee either. But they both are very useful and valuable under other circumstances.

Your car wouldn't be very useful without gas

Your TV wouldn't be very useful without a media source

Your electric household machines wouldn't be very useful without electricity

0
smart_bitcoin 0 points ago +1 / -1

you have no proof it's a total scam

3
fegeline 3 points ago +3 / -0

Kind of surprising how the feds haven't stepped in to regulate Bitcoin and other cryptos.

They've been trying for years, just like they've been trying to regulate other peer-to-peer protocols like torrents. It's a war they already lost.

Considering how hard the lefties like Jack Dorsey are pushing it

What does Dorsey really own? he owns twatter, which is hosted in amazon cloud, but beside that he got no physical items, no nice cars, no yacht, no mansions, nothing with value, just a big pile of money in USD that quickly falls in value due to inflation.

Imagine yourself being in Dorseys situation, you got a site that runs on amazon, which could easily run on a blockchain, and by doing so you would no longer have to bend over and pull down your pants when amazon says so. You'd also get blockchain currency with limited supply, which is proven to be a great store of value, just like gold.

and consider trying to stop it before it's too late.

While at it, why don't you try to stop torrents too, report illegal file sharing to Hollywood because hurr durr, someone in Hollywood said that torrents is a good way to distribute movies (which it is), and therefore by your logic, torrents = bad. Think again, this is not how it works.

What are the odds Big Tech is scheming to take over all finances via crypto? If they succeed, then what?

They're trying, and the result would be just like it is for gold. Most physical gold lies in the vaults of the big banks today, all while the pleb is trading "gold certificates", which is basically worthless paper used to inflate gold, there's nobody there to stop them from printing more of those fake certificates, than the amount of gold they actually have in vault.

It's simple, they work hard right now to scare you away, then they buy up as much as possible while it's cheap, then in the future once it becomes a "legitimate form of investment" and they've started to sell their fake certificates, you decide to invest in Bitcoin, but you're still not buying the real thing because you're not interested and you don't know how it works, so instead you buy their fake certificates which they can print infinite amounts of. Just like you do when you're buying silver or gold.

Bitcoin may actually be the number of the beast...

You mean like http(s)://, ftp://, tcp://, udp://? Because that's what Bitcoin and other crypto really is, a protocol to transfer value directly over the internet without middlemen. Here's a mind fuck for you, https:// is used by this site, you wouldn't be able to visit this site without https://. You know where else https:// is used, that's right twatter, FB and pretty much every website uses it.