It’s a gamble... such is life. Buy a $100 worth watch it. Maybe you
Lose $100 maybe you don’t. Just for fun I bought some but coin and opened three BCH wallets. One for me and a wallet for my niece and nephew, who are younger than two years old. It’s all speculation, X22 has some promising insight... but it’s still a gamble. If you own a little bit, it will force you to pay attention. Buy some silver, for fun. I think we all need to prepare for anything to happen. Don’t risk it all, but put yourself in an investing/speculation mode, you just may become an expert, or better “rich”- Just my two cents.
Well there you go folks, The Fed Reserve, Janet Yellin, The Central bank and Blind whatever have spoken... BITCOIN BAD SCAM. Only for criminal use! Hey wait...I made money...i'm not a criminal. I sure as hell ain't Chinese. maybe someone is intentionally trying to convince us to ignore and like the infamous words of Elmer Fudd. "Be afwade be verwe afwade"
Satoshi Nakamato is a fake name taken on by 3-4 people who hord a lot of bitcoin, mostly likely the real Satoshi Nakamato is dead when the CIA / Deepstate knew about what crypto could become.
Crypto is the future how and when it will be adopted will be the question.
I like to think about how other markets have dealt with new processes. think Video.
BETA vs VHS
Bluray vs Ultraviolet
then go look how Porn & the black market influenced the market for dominance.
go look into the black market now and see how influenced it is by bitcoin.
And the Bitcoin concept gave rise to dozens of other digital currencies. If one is just learning about Bitcoin now they're really, really late to the party.
No, they're really not. Things haven't even started yet. We're just seeing the first shitty prototypes of blockchain applications.
It's probably the best time to start getting into it, since you don't have to wait for years for abstract ideas to materialize and get to see some rudimentary first glimpses of what is to come.
The main reason for Bitcoin is the decentralization aspect, it's essentially peer to peer. There are some risks to it, but technically even if it became compromised nobody can stop patriots from forking their side-chain.
Other reasons include the cucking of central banks and inflationary toilet paper fiat currency, as well as broad and efficient access to financial markets for everyone.
Right now the elites are blocking most of the planet from investing into startups, by claiming that people are too stupid to evaluate the financial risks unless they make 100k+ a year and have significant assets. The claim is that they're protecting the people from their own stupidity.
In reality, they've created an artificial monopoly.
Bitcoin and the resulting equity markets will make this impossible, as they to some extent already are.
A kid with $5 to their name will be able to invest 24/7. In the years and decades to come this will completely revolutionize finance for the masses and essentially eradicate poverty for anyone who is willing to skip every other smartphone generation and Starbucks coffee.
That in turn, in case it isn't obvious, will ANNIHILATE any reason to vote Dem. People will much rather invest their taxes in hopes for some 1000-fold returns over 10 year periods and very quickly realize how retarded left-wing policies are.
It might not be clear to some, but we're headed towards a utopia at an incredible pace. And crypto-markets will play a crucial part on this path.
Appreciate the post, any patriot forks you’d recommend at this point? I’m sure there’s some projects going on, I’m assuming to start up or purchase. A coinbase or Binance.us would be useless. But a vpn and a farming website would be the only avenue?
A major reason why the Chinese mine Bitcoin is as a way to bypass currency controls. Pay for electricity in Yuan. Sell Bitcoin on the open market for USD. You have now moved your Yuan offshore bypassing the rules of the Bank of China. This was extremely prevalent back in 2018 and 2019. They changed the rules to make this more difficult so it is less common today, but it is still a motivating factor.
I am planning a post on how I think the deep state is planning to destroy Bitcoin. They were not behind its creation, but they are almost certainly planning a bait and switch, moving everyone into their own CBDC. The short answer is that quantum computing just isn't quite there yet. Wait just a little bit longer and they will be able to execute. Will explain as soon as I have the time.
It's bad for the central banks supposedly but what's to stop the central bank purchasing enough to control the markets?
Cool, let them do it. They will drive the price through the sky. If they choose to not use their bought coins they will reduce the circulating supply while simultaneously having added whatever amount of liquidity into the market. Anyone who owns even a tiny amount of BTC at that point will be very well off. If they instead choose to use their bought coins or resell them, then they also give up their control. In either case, they can't do shit other than join the game like everyone else.
They have no control over the total supply, that's the only thing that matters.
For the same reason China's hashpower is irrelevant. If they choose to fuck with the blockchain (e.g. censor broadcasts of transactions) then everyone else will just fork off and ignore all of China's hashpower.
All while secretly pushing it as the new dollar.
They can't. The dollar is a fiat currency with unlimited supply. Bitcoin is limited in supply and they have no control over its issuance. They can not do anything without benefiting all Bitcoin users in the long run.
If they want to save fiat and their control their best bet would be to do nothing.
If they want to ensure that they won't end up with nothing they'll be forced to relinquish their control and join the party, which will level the field as far as financial markets and currency str concerned.
Maybe bitcoin and crypto is their plan to replace cash?
Pretty terrible plan then, because Bitcoin is designed to cuck them out of any such aspirations. The closest that gets to your worries is a fork called Bitcoin SV. Craig Wright (delusional sociopathic fraud) openly talks about making everything transparent and traceable, which is the opposite of Bitcoin's whitepaper and hence something the DS could be into. The market has long decided that it won't be having any of that shit though.
What gives it any true physical value?
The limited amount (scarcity) and the fact that you require specialized hardware and lots of energy to mine Bitcoin. Getting those things is not free, it's expensive. And costs must be covered. This gives Bitcoin a minimum value in a small interval around the mining costs per Bitcoin.
Said process also secures the blockchain and validates transactions, hence, the second source of value comes from the payment processing aspect.
Over time, there'll be more effects that increase the minimum price. Bitcoin will be used to fuel the equity markets of the not too distant future. Thus certain portions of savings and assets will too drive up the value of Bitcoin.
I would find it naive to think that they are not behind it or atleast control enough of it to manipulate the market.
Definitely worth considering. But when you do this carefully you'll find that they've almost certainly been screwed. Be it by their arrogance, ignorance or complacency.
As with anything within the mortal realm, their time has come to an end.
still doesnt matter chyna already has 51% without the incoming price spikes to electricity in the USA. Every where is going to see a hike. We are banning coal and stopping fracking. Natural gas is going to 4x in 12 months.
It’s a gamble... such is life. Buy a $100 worth watch it. Maybe you Lose $100 maybe you don’t. Just for fun I bought some but coin and opened three BCH wallets. One for me and a wallet for my niece and nephew, who are younger than two years old. It’s all speculation, X22 has some promising insight... but it’s still a gamble. If you own a little bit, it will force you to pay attention. Buy some silver, for fun. I think we all need to prepare for anything to happen. Don’t risk it all, but put yourself in an investing/speculation mode, you just may become an expert, or better “rich”- Just my two cents.
Well there you go folks, The Fed Reserve, Janet Yellin, The Central bank and Blind whatever have spoken... BITCOIN BAD SCAM. Only for criminal use! Hey wait...I made money...i'm not a criminal. I sure as hell ain't Chinese. maybe someone is intentionally trying to convince us to ignore and like the infamous words of Elmer Fudd. "Be afwade be verwe afwade"
Bitcoin SV is a scam and Craig Wright is a delusional, braindead sociopath and fraud.
Satoshi Nakamato is a fake name taken on by 3-4 people who hord a lot of bitcoin, mostly likely the real Satoshi Nakamato is dead when the CIA / Deepstate knew about what crypto could become.
Crypto is the future how and when it will be adopted will be the question.
I like to think about how other markets have dealt with new processes. think Video. BETA vs VHS Bluray vs Ultraviolet then go look how Porn & the black market influenced the market for dominance.
go look into the black market now and see how influenced it is by bitcoin.
And the Bitcoin concept gave rise to dozens of other digital currencies. If one is just learning about Bitcoin now they're really, really late to the party.
No, they're really not. Things haven't even started yet. We're just seeing the first shitty prototypes of blockchain applications.
It's probably the best time to start getting into it, since you don't have to wait for years for abstract ideas to materialize and get to see some rudimentary first glimpses of what is to come.
Yes. But it’s still speculative, although you don’t compound interest.
Satoshi Nakamoto is rumored to be dead.
The main reason for Bitcoin is the decentralization aspect, it's essentially peer to peer. There are some risks to it, but technically even if it became compromised nobody can stop patriots from forking their side-chain.
Other reasons include the cucking of central banks and inflationary toilet paper fiat currency, as well as broad and efficient access to financial markets for everyone.
Right now the elites are blocking most of the planet from investing into startups, by claiming that people are too stupid to evaluate the financial risks unless they make 100k+ a year and have significant assets. The claim is that they're protecting the people from their own stupidity.
In reality, they've created an artificial monopoly.
Bitcoin and the resulting equity markets will make this impossible, as they to some extent already are.
A kid with $5 to their name will be able to invest 24/7. In the years and decades to come this will completely revolutionize finance for the masses and essentially eradicate poverty for anyone who is willing to skip every other smartphone generation and Starbucks coffee.
That in turn, in case it isn't obvious, will ANNIHILATE any reason to vote Dem. People will much rather invest their taxes in hopes for some 1000-fold returns over 10 year periods and very quickly realize how retarded left-wing policies are.
It might not be clear to some, but we're headed towards a utopia at an incredible pace. And crypto-markets will play a crucial part on this path.
Nothing can stop what is coming.
Appreciate the post, any patriot forks you’d recommend at this point? I’m sure there’s some projects going on, I’m assuming to start up or purchase. A coinbase or Binance.us would be useless. But a vpn and a farming website would be the only avenue?
A major reason why the Chinese mine Bitcoin is as a way to bypass currency controls. Pay for electricity in Yuan. Sell Bitcoin on the open market for USD. You have now moved your Yuan offshore bypassing the rules of the Bank of China. This was extremely prevalent back in 2018 and 2019. They changed the rules to make this more difficult so it is less common today, but it is still a motivating factor.
I am planning a post on how I think the deep state is planning to destroy Bitcoin. They were not behind its creation, but they are almost certainly planning a bait and switch, moving everyone into their own CBDC. The short answer is that quantum computing just isn't quite there yet. Wait just a little bit longer and they will be able to execute. Will explain as soon as I have the time.
Cool, let them do it. They will drive the price through the sky. If they choose to not use their bought coins they will reduce the circulating supply while simultaneously having added whatever amount of liquidity into the market. Anyone who owns even a tiny amount of BTC at that point will be very well off. If they instead choose to use their bought coins or resell them, then they also give up their control. In either case, they can't do shit other than join the game like everyone else.
They have no control over the total supply, that's the only thing that matters.
For the same reason China's hashpower is irrelevant. If they choose to fuck with the blockchain (e.g. censor broadcasts of transactions) then everyone else will just fork off and ignore all of China's hashpower.
They can't. The dollar is a fiat currency with unlimited supply. Bitcoin is limited in supply and they have no control over its issuance. They can not do anything without benefiting all Bitcoin users in the long run.
If they want to save fiat and their control their best bet would be to do nothing.
If they want to ensure that they won't end up with nothing they'll be forced to relinquish their control and join the party, which will level the field as far as financial markets and currency str concerned.
Pretty terrible plan then, because Bitcoin is designed to cuck them out of any such aspirations. The closest that gets to your worries is a fork called Bitcoin SV. Craig Wright (delusional sociopathic fraud) openly talks about making everything transparent and traceable, which is the opposite of Bitcoin's whitepaper and hence something the DS could be into. The market has long decided that it won't be having any of that shit though.
The limited amount (scarcity) and the fact that you require specialized hardware and lots of energy to mine Bitcoin. Getting those things is not free, it's expensive. And costs must be covered. This gives Bitcoin a minimum value in a small interval around the mining costs per Bitcoin. Said process also secures the blockchain and validates transactions, hence, the second source of value comes from the payment processing aspect. Over time, there'll be more effects that increase the minimum price. Bitcoin will be used to fuel the equity markets of the not too distant future. Thus certain portions of savings and assets will too drive up the value of Bitcoin.
Definitely worth considering. But when you do this carefully you'll find that they've almost certainly been screwed. Be it by their arrogance, ignorance or complacency.
As with anything within the mortal realm, their time has come to an end.
look into how much of the hash is coming out of Chyna.
As green energy bullshit floods the USA and EU the price of electricity is going to skyrocket.
No body will be mining out of the USA or EU.
Even more will come out of Chyna.
The CCP owns 51%+ of the total hashpower in less than 2 years, if they do not already.
Its the future chyna digital currency.
still doesnt matter chyna already has 51% without the incoming price spikes to electricity in the USA. Every where is going to see a hike. We are banning coal and stopping fracking. Natural gas is going to 4x in 12 months.
I've heard XRP is better cus costs way less per transaction and has way less energy required to maintain... Not an expert at all just giving my 2cents
There's a good article out there somewhere that links "Satoshi" to the NSA - late 90s, early 2000s era.
I agree with you. In the short-term, you might be able to make some big gains. But in the long-term, it's nothing but a "digital illusion".