Don't think so. FED and Centralbanks worldwide are working on their own cryptocurrency. Since years. China is the furthest. Ask duckduck: "Centralbanks cryptocurrency papers"
M1 spiked up asymptotically in December. That money is finding its way into the economy now, buying up hard assets. Bitcoin is a prime location for that.
What if Bitcoin started out as peer to peer and against the banks, but has been taken over by the CCP?
What is stopping the CCP from taking control over the mining farms in China?
What is stopping the CCP from creating a secret microchip in every antminer that will attack the network when activated?
I talk about this in my post on DEN, you can create an account there, we have discussions about politics and cryptocurrency all the time. We are Q and TDW friendly.
Patent 060606 will use crypto to reward people based on biometric activity, but not all crypto fits that bill. It would have to be some centralized digital currency for them to punish or censor bad actors. Most crypto is decentralized and only prevents bad actors as an aggregate, not individually. Big difference.
And once a decentralized cryptocurrency is large enough it can't be elegantly soft forked into something centralized without upsetting every user substantially. That kind of thing has to be implemented from the outset.
Don't think so. FED and Centralbanks worldwide are working on their own cryptocurrency. Since years. China is the furthest. Ask duckduck: "Centralbanks cryptocurrency papers"
Bitcoin=CCP
I'd rather be in a cryptocurrency that China didn't have the majority of mining power.
Basically, whoever controls the mining majority can change the transactions that are recorded. Called a double-spend.
Edit: I mine and hold Monero, (XMR).
maybe. it's a lot harder to confiscate bitcoin than USD
M1 spiked up asymptotically in December. That money is finding its way into the economy now, buying up hard assets. Bitcoin is a prime location for that.
If internet gets cut off makes no difference if u have have usd or bitcoin. Everything becomes useless at that point
Bitcoin is a peaceful revolution against the FED and banksters. It will free humanity.
Dont worry about Bitcoin.
Trust in Trump. When the new system comes, there will be time to convert every USD into an equivalent new currency
i think bitcoin will collapse after this mess. I think the DS is using it to move assets right now, and that's been driving up the price
No. Its going up because FED creates hell of money out of thin air to destroy the USD by design. Now Fat Fingers/Billionaires buying Bitcoin.
Trump has spoken out against crypto a few times. Bitcoin is CCP/NWO currency.
What if Bitcoin started out as peer to peer and against the banks, but has been taken over by the CCP?
What is stopping the CCP from taking control over the mining farms in China? What is stopping the CCP from creating a secret microchip in every antminer that will attack the network when activated?
I talk about this in my post on DEN, you can create an account there, we have discussions about politics and cryptocurrency all the time. We are Q and TDW friendly.
Majority of the bitcoin miners are Chinese.
Feels like a Gold vs Bitcoin battle.
We know who wins.
This is a sticking point.
Patent 060606 will use crypto to reward people based on biometric activity, but not all crypto fits that bill. It would have to be some centralized digital currency for them to punish or censor bad actors. Most crypto is decentralized and only prevents bad actors as an aggregate, not individually. Big difference.
It's the line between benevolent and tyrannical.
And once a decentralized cryptocurrency is large enough it can't be elegantly soft forked into something centralized without upsetting every user substantially. That kind of thing has to be implemented from the outset.