Elon Musk / Tesla making financial moves in Bitcoin before The Great Awakening
(media.greatawakening.win)
BREAKING NEWS
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Why would anons encourage crypto? It's imaginary. And potentially can be way more manipulated that gold or silver. The CCP controls it's population with a credit style crypto like system.
It's algorithmically proven to be finite.. So it's not just something 'TPTB' can print more of..
How is it finite? And where has it been proven? Truly curious.
A 1 minute search would show you how it's finite. You have strong opinions about something you know nothing about.
You're a dumbass, it's as finite as a blackboard that says 2+2 = 4. It's designed to allow at any time a "consensus" to say 2+2+2=6.
What you're actually trying to say and don't grasp is:
Which looking through history would immediately disprove as borderline madness.
So you're not hedging your bets because you would rather be pedantic and double down on a hypothetical? I'm not a bitcoin technical expert and based on your statements all across this thread, you portray yourself as one. So help us plebs out, where did you put your money?
It's not pedantry to point out the fundamental assumptions of the scarcity of BTC is beholden to whatever the consensus of the hashrate dictates it is. It's not a "Hypothetical" that's literally how it technically works. I have integrated crypto payment services for bespoke e-commerce sites that were trying and largely failing to operate away from ever increasingly regulatory pressures. I'm not here to tell you where to put your money, but when the lights go out a bucket of shit will be worth more than BTC, you can burn shit, fertilise plants with it and make waddle and daub construction. The only variable here is the degree to which people do not like that fact because it hurts the emotional defense of the fundamentally flawed thing that bitcoin is. The fact you're trying to dab on people for "not knowing anything about" btc whilst being deep in platos cave with it yourself is basically the support that BTC has. I think BTC is fine to invest in, it's no better or worse than ukrainian crop futures, there's clearly a lot of positive market sentiment behind it and that means your money is kinda maybe likely to go up as part of a balanced folio but it solves no great pressing problems in the world, adds quite a few more, and should IMO be put into the HOF as the conceptual patriarch to better solutions out there. A universalist system wherein the government and the people you interact with can freely look up how much wealth you have and where you spent it before now whilst gobbling up terawatts of power that has absolutely zero commercial or industrial use and is at risk of legislation at any time or a subversive take-over in a decade or two or three is what btc is, nothing more, nothing less.
For investments, I have my health, an offline and digital library, skills I can pass on, and a variety of precious metals. I don't invest in crypto except where there's an obvious pump and dump coming, I use crypto on occasion because it was made for using, not hording. Whether XMR/Eth/BTC etc is 10 cents or 1m per makes no difference to me.
So you offer no solutions and are dissuading people from looking into bitcoin because you envision some impending doom decades from now whilst occasionally dabbling in crypto yourself for the gains. If you think it's bad for the world, why profit off of it? What a hypocrite.
Being finite is a feature of certain types of cryptocurrency. Some cryptos have finite number (Bitcoin has 21 million), and others have infinite amounts (generated by mining). That feature is defined by the formulas and computer code that describe the Blockchain protocol (the agreement that everyone uses when they interface with the Blockchain).
How can you prove it? Computer Science. You can examine the source code and the formulas for yourself. Then you can compile it to an executable program.
When you run the executable program, it interfaces with the Blockchain protocol and works.
If the software is not right, it won't interface with the Blockchain. Since all the miners use the same software (consensus), someone cannot come along with modified software and change the blockchain, except in a 51% attack.
In the 51% attack scenario, a bad actor (say the CIA or China) throws enough computing power at the Blockchain to provide a majority of the mining computational power. They can then "Double-Spend" and change values in Bitcoin wallets.
The PROBLEM with a 51% attack is that the bad actor is then left with worthless Bitcoins. Why? Because EVERYONE will know when the Blockchain is attacked, and at that point, everyone abandons the Blockchain. The stolen coins become worthless because no one will give money for coins on that Blockchain.
I'm not following. Not trying to be a jerk but it's something that I just don't understand. Mining?
And what is the cost of running the computer and what does that do to the true value of the coin?
The paper dollars you carry in your wallet are imaginary too. All money is imaginary and based on a confidence game.
buy bitcoin boys
why would you want to crash the american dollar and replace it with china bitcoin?
This aged very well!
Yes they are, and they have done that. On top of manipulating the price of Bitcoin, they've also dumped hundreds of millions of dollars into Bitcoin because they're trying to stockpile it in the same way they did gold and silver.
They want to own all the gold, silver, Bitcoin, real estate, ect in the world
There are tens of thousands of nodes all over the world . If the entire electricity in the USA , Europe, and China went out there would still be a node somewhere that would continue to run the blockchain.
Which would move one transaction every 8 days at that point.
He understands that this is the first time in human history where a deflationary , decentralized asset can be transferred globally without the need for a central bank or third party intermediary.
I trust no one. But I do trust in math. A mathematical protocol based on open source software can be trusted because anyone can inspect the coding and see if it is malicious or not.
You see, metals are cool and all , but at the end of the day they do not meet the fundamentals of a medium of exchange.
Cryptocurrency shows very interesting potential as a digital medium of exchange.
First , is that it is highly durable. There is no way to degrade it. (its just code) and the blockchain is backed up on tens of thousands of computers globally.
Second , is that it is highly portable. You can transact without an intermediary worldwide with notification within seconds, initial confirmation in 10 minutes and near irreversability in 1 hour.
Third , it is highly fungible. The Bitcoin protocol treats each unit and subunit equally.
Fourth , it is highly divisible. Each Bitcoin can be divided into 100 million units.
Fifth , it is highly resistant to counterfeiting . To date , nobody has proposed a solution to break the public / key cryptography underpinning Bitcoin.
Buy both. Why not diversify?
All time high was just hit.
I don't buy when it's high, I invest, I dont day trade or swing trade, i use dollar cost averaging when the price is low.
Bitcoin is a huge endeavour to understand. And those who do not understand it should not post as if they do.
That's a huge claim that sounds like you have Q level clearance. Please explain why you think the encryption is compromised. Also not sure what part of my statement you disagree with?
This is a bad sign. I've been watching Bitcoin pricing as an indicator for the Great Reset vs. Great Awakening. If Bitcoin booms, I see that as their plans for the Reset and destruction of dollar. If Bitcoin goes up a little, sideways or down, than The Great Reset plans are off.
This summer some big bankers indicated that they were moving to Bitcoin after Labor Day. (A highly unusual change in attitude btw). I believe they were using Bitcoin as a temporary parking station to go through the Reset and to contribute to the destruction of the dollar.
This is just my humble opinion.
Right, except there's nothing about Bitcoin that destroys the dollar. The dollar has been destroyed because it's not on the gold or silver standard. It has no actual value, and we're constantly printing more dollars, so the little value it does have ends up going down even more.
Bitcoin is just an alternative asset like gold, except it's digital. The dollar needs to be backed by a precious metal again, but the banks fucking hate it when people have the ability to have hard assets like gold and silver, so it'll probably never happen again
I've had enough of this motherfucker. No wonder Bill Gates is rushing to make human biotech to reward us with crypto when we obey our commands. They're planning to make Bitcoin the one world currency
People dump into bitcoin. Trump comes in and makes the USD the most powerful currency in the world. Bitcoin crashes. Suicide Weekend. I'm fucking retarded
BuY Tesla before it opens bet they shoot up too
oh, that is pretty cool!!!!!!!!!!
I would never buy a virtual currency but my dollars aren't anymore protected.... hmmm... ho hum.
except this is decentralized and peer to peer essentially. To control bitcoin you would have to control computers all over the world. My philosophy is make money off it, buy gold, make money off of it then buy gold.
Its an econmy like anything Rich will use their collective weight to steer it and other currencies. This ome easier to control.
Also tied to electricityso that goes good luck
Already have done, Goldman Sachs and co are all over the development and whoever has 51% of the hashrate obfuscated can do whatever they want.
Only on certain coins. Thousands out there now.
Correct, but this topic is about the saviour musk pumping BTC.
You take a majority of the hash rate, what's that got to do with computers all over the world? One or two NSA super center type server farms and they outright own btc. If the network says your wallet is now empty, it's empty.
To steal bitcoin you would have to have all of the computers agree with the ledger that is hacking. You can create as much bitcoin as you want by controlling hundreds of thousands of computers and dominating the hashrate but to get all the computers to agree with the ledger that is not true or fraudulent, it has yet to be done. Unless you lose your passcode.
I get it's exciting having 0.001 btc on your own computer for the first time but you need to understand you know everything about btc by reading blog posts about it.
I don't even invest in bTC. I buy other coins.
Shut up telling people here who don't know any better then that a hostile consensus change would require "All zeh computers in zeh world" to agree to it then. It needs a majority hashrate and the major nodes and a couple of hundred devs bought off, if that.
A decentralized method to transfer bearer bonds for PSLV with the maintenance fee contained within the transaction is what btc pretends to be, what it is in reality is robots digging through the mud in order to find a digital key that claims to be worth something because said keys are artificially limited.
Shut up is always a good way to start a conversation. are you telling people to buy gme too?
Okay, so a bad actor steals coins. It will only happen once, EVER.
That actor won't be able to spend them anywhere because no one will give money for their coins due to mistrust.
No, the point is that a series of colluding NGOs, research centres, universities, chinese ASIC farms and Pakistan etc could bring online enough hashrate to form a majority consensus on 10% inflation per month, that Tor nodes no longer work for broadcast, that only approved partners can handle transactions above 1kUSD.
It's not the theft of the btc that is the point, the point is you can effect any arbitrary changes to a system that too many people believe is "immutable because God said it is immutable", it's not. What exactly is your plan when the majority hashrate decides you can only sign and send transactions on presentation of your covid implant? Now what?
Do what everyone else does and abandon that blockchain.
After the financial action taskforce and counter terrorism sub committee endorsed legislation to forbid forked use to save boomer monies in 2027? Alright, if that's the plan. Hope it pans out fine.
Funny how Elon is all over neuralink and always-on satellite coverage, and has a satanic transhumanist gf, and memes GME STRONK and bitcoin, same as Jack Dorsey all at the inflection point of the USD dying. They don't even need to do anything to the plebs but offer a chance of "Making it big" with free money, avarice halts everyone's brains dead in their tracks. How many people are buying btc because it works well, how many are buying it because if they hold it some vague "Good" is destined to come their way?
I've said my piece, all the best to you.
All I can say is right now is too late to get precious metals. What else is scare and valuable?
Certainly cannot hold paper money. It is about to become cheaper than toilet paper.
What if you own 40% of the bitcoin in circulation??? Chyna been mining since 2010 at least. GL!!
If you control 40% you can dump it and lower the value. how does that help china? Their money is worthless. A high bitcoin helps them.
You got it. They have the power to manipulate the market. Just like the FED does with the US dollar. Of course they want $$, but “control” is the true prize. Who created bitcoin and why? If you can answer those questions then decide if you want to invest in it.
as tempting as it was at 5000, 43000 is too much risk. Prefer to play with the sub 1$ coins and amass larger quantities in the off chance they take off. It's really just a hobby like going to a casino once a year.
Yeah, except that currently to out money in and get it into you generally have to show your ID and create an account with a trading company. Aka...not decentralized at all
You can remove everything from those sites. So buy on Kraken or coinbase. Kraken better. Then remove to your cold storage. They no longer have access, control or chain of custody of those assets.
They think they're going to get rich. Too stupid to see the signs. I've been slowly growing more confident that btc is a tool of globalists (possibly even China) to weaken the US.
Where does this confidence come from? Honestly, I’m very interested. I can see upsides and downsides to it, but a healthy discussion would be useful.
People think BTC is private, scarce, and clever. It's public, the amount mined can change whenever "consensus" says it can, and it's no more clever than PGP + a ledger, replicated. It's backed by ignorance, it's USPs are not really USPs in a ground breaking way and something like gold backed dollars that can be insta-sent via XRP would be better.
BTC mining takes a colossal amount of energy, there's whole industries behind making things that can mine it better to consume more energy for the pretense of a digital equivalent of gold, the whole thing is so stupid you have to be an upper midwit to buy into it, I say this as someone who used BTC frequently.
But that is the beauty of Bitcoin. "Consensus" is very transparent, unlike a Central Banking System which can print money without telling people.
Actually, you have it backwards. Those industries are devoted to REDUCING the energy expenditure. No miner buys equipment that increases his operating costs.
You can use BTC frequently and still have misconceptions about it.
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A great many miners mine at a loss now for expected gains later, the fact you'd say something like that shows you know nothing about it. Do you know how much the electricity would cost you where you live to, on average, mine one bitcoin at present? I'll wait.
Imagine using that energy for desalination of seawater in drought stricken areas of the world or something. Instead, people are furiously burning gas or whatever in order to swap out useless fiat money for bitcoin for no utilitarian reason above it being worth more useless paper money later instead. It's depressing as all fuck, truly. "Great awakening" right?
With the US Dollar having a 2549% inflation rate over the last 100 years, Bitcoin looks a lot safer.
https://www.calculator.net/inflation-calculator.html?cstartingamount1=1&cinyear1=1914&coutyear1=2021&calctype=1&x=95&y=12
Right, but what was the gains % on the NYSE over the same period. If you put 15% of your money into that you'd have absolutely smashed 2500% inflation so it means less than you think it does.
You will be able to buy a Tesla with Bitcoin. Not more useless.
https://www.cnbc.com/2021/02/08/tesla-buys-1point5-billion-in-bitcoin.html
That they're going to get rich? It's sort of tautological. People who believe in btc believe it will gain value, ergo people who believe in btc buy btc and think they're going to get rich.
I'm not sure btc is from China or a globalist plot, but it's obvious that its purpose is to weaken fiat currencies, of which the USD is the most prominent.
The fact that the interest is purely speculative is just another piece of the puzzle.
The USD has lost 98% of its value since the start of the current Central Banking System.
Tell me USD is better than Bitcoin again.
They will get the populous used to crypto with Bitcoin, than flip us to a central bank crypto later. People buy into it cause now cause Bitcoin itself is pretty good.
If you think there will be a future central bank, you're on the wrong website.
Praying you are correct!