I’ve been holding since 2017 and barely have made any trades for this reason. Did a btc buy in May 2020 for a small gain for Fantom. Sometimes less is more especially when it comes to crypto to crypto. Really dumb. I also want long term capital gains
Man I just can’t get my head around Bitcoin. Is it something we want to use to get away from the central banks, or is it something the cabal wants us to use because it’d be even easier to control and monitor us?
Bitcoin has no tangible asset backing it. You can't use a bitcoin to produce anything else (even in the digital world), at least not that I can find. On the other hand, both silver and gold are incredibly useful (necessary) in our technologies. They are also beautiful and have been used for both currency and adornment for all of human history (until the Luciferians illegally took that away from us relatively recently).
I think a stable digital currency will be a primary intermediary to barter at some point in the future (if we win this war), but it will be one that is backed 1:1 by precious metals. Such currencies exist already, though I am not sure about their infrastructure yet.
The former. It's actually something they don't own and control. Watch, they will come out with their own Crypo that will be pushed by the banks and owned by the Fed or similar entity. Bitcoin and most of these other cryptos are a thorn in their side, and they want to displace or control them ASAP.
They already are speaking about a central bank digital currency that they can manipulate. XRP/Ripple is a coin that hey may want to use as it is not built on decentralized blockchain.
any currency that can't operate without electricity is a no from me, at least not any money I'm not comfortable with losing anyway. You should have seen the people trying to pay with credit cards during the black outs in texas. If you didn't have cash you were out of luck!
Credit cards are usually valid up to 72 hours. Transactions carry out once online connection is established. If a transaction doesn't go through and a product was purchased (taken) it's up to your government to handle it locally. Paper wallets exist for bitcoin but they're kind of inefficient at the moment. (maybe crypto people will argue this)
At the end of the day, if a government accepts bitcoin they also accept the duty to monitor transactions, enforce their validity and even print crypto physical.
In this case, then shouldn’t we be hitting ATMs, and putting all our cash in a safe before something like this were to happen? The USD is mainly digital at this point. I’m not sure on this conviction. But by this theory, should be buying up anything with intrinsic value or keeping dry cash in a safe before some sort of “power outage.” Cripples the digital world
I made about $100k in the last month or so with Fantom. It’s gone from around a penny to a current 50c but shot up to 87c. Decentralized Finance is crucial in our current hyperinflation era. Also have precious metals and will use my gains to buy a rural piece of land.
Check out 'Final Stand' on youtube. The guy, Matt Wallace, follows Dogecoin and everything Elon Musk. He calls out Robinhood for their phuckery when they froze Dogecoin from being traded when prices went up. His segments has recently made headline on Fox Business.
this old fella has a hard time wrapping my head around the whole crypto thing...I wanna be able to at least touch and feel my investment....I am gonna stick it out with Physical Gold and Silver....i may be making a mistake by staying on the sidelines when it comes to crypto but i sleep better at night knowing i have stacks of shiny stuff in my possession. And one thing is for certain, it will never have a value of Zero.
Bitcoin is a speculative bubble and will end in tears like they all do. If you want to hedge against inflation, buy physical silver, it's the most undervalued commodity in the world while also being a monetary metal.
I’ve been holding since 2017 and barely have made any trades for this reason. Did a btc buy in May 2020 for a small gain for Fantom. Sometimes less is more especially when it comes to crypto to crypto. Really dumb. I also want long term capital gains
Man I just can’t get my head around Bitcoin. Is it something we want to use to get away from the central banks, or is it something the cabal wants us to use because it’d be even easier to control and monitor us?
Bitcoin has no tangible asset backing it. You can't use a bitcoin to produce anything else (even in the digital world), at least not that I can find. On the other hand, both silver and gold are incredibly useful (necessary) in our technologies. They are also beautiful and have been used for both currency and adornment for all of human history (until the Luciferians illegally took that away from us relatively recently).
I think a stable digital currency will be a primary intermediary to barter at some point in the future (if we win this war), but it will be one that is backed 1:1 by precious metals. Such currencies exist already, though I am not sure about their infrastructure yet.
The former. It's actually something they don't own and control. Watch, they will come out with their own Crypo that will be pushed by the banks and owned by the Fed or similar entity. Bitcoin and most of these other cryptos are a thorn in their side, and they want to displace or control them ASAP.
damm i was gonna say china electric wan backed by gold
like fed debit was backed by gold for 30 years
They already are speaking about a central bank digital currency that they can manipulate. XRP/Ripple is a coin that hey may want to use as it is not built on decentralized blockchain.
watch how ripple ripples
Bitcoin is to central banks, what torrenting is to Hollywood and the music industry.
Bitcoin has backdoors they wont make obvious until everyone has the chip imo
It is the latter
any currency that can't operate without electricity is a no from me, at least not any money I'm not comfortable with losing anyway. You should have seen the people trying to pay with credit cards during the black outs in texas. If you didn't have cash you were out of luck!
Credit cards are usually valid up to 72 hours. Transactions carry out once online connection is established. If a transaction doesn't go through and a product was purchased (taken) it's up to your government to handle it locally. Paper wallets exist for bitcoin but they're kind of inefficient at the moment. (maybe crypto people will argue this)
At the end of the day, if a government accepts bitcoin they also accept the duty to monitor transactions, enforce their validity and even print crypto physical.
In this case, then shouldn’t we be hitting ATMs, and putting all our cash in a safe before something like this were to happen? The USD is mainly digital at this point. I’m not sure on this conviction. But by this theory, should be buying up anything with intrinsic value or keeping dry cash in a safe before some sort of “power outage.” Cripples the digital world
I made about $100k in the last month or so with Fantom. It’s gone from around a penny to a current 50c but shot up to 87c. Decentralized Finance is crucial in our current hyperinflation era. Also have precious metals and will use my gains to buy a rural piece of land.
Digital gold.
Check out 'Final Stand' on youtube. The guy, Matt Wallace, follows Dogecoin and everything Elon Musk. He calls out Robinhood for their phuckery when they froze Dogecoin from being traded when prices went up. His segments has recently made headline on Fox Business.
Sweet. I'm gonna buy more! ?
this old fella has a hard time wrapping my head around the whole crypto thing...I wanna be able to at least touch and feel my investment....I am gonna stick it out with Physical Gold and Silver....i may be making a mistake by staying on the sidelines when it comes to crypto but i sleep better at night knowing i have stacks of shiny stuff in my possession. And one thing is for certain, it will never have a value of Zero.
There is more than 1 way to hedge, stick to your roots.
Land, physical, etc
Digital is a casino at this point.
Bitcoin is a speculative bubble and will end in tears like they all do. If you want to hedge against inflation, buy physical silver, it's the most undervalued commodity in the world while also being a monetary metal.