Still Investigating Bitcoin. As Others Hype It, I'm Still Reluctant. So, I Learned That A Guy Named Satoshi Nakamato Owns The Most, And Our Own FBI Is Next On The List Per This Article (Dated 05-2020). Article Lists 2 Chinese In Their Top 5 Millionaires List. So Is This Currency For US? Why? - The Great Awakening

Still Investigating Bitcoin. As Others Hype It, I'm Still Reluctant. So, I Learned That A Guy Named Satoshi Nakamato Owns The Most, And Our Own FBI Is Next On The List Per This Article (Dated 05-2020). Article Lists 2 Chinese In Their Top 5 Millionaires List. So Is This Currency For US? Why? (justrichest.com)

posted 3 years ago by Q20191776 3 years ago by Q20191776 +30 / -0

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– Monomial 1 point 3 years ago +2 / -1

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.

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