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21
posted 5 years ago by MAGA_Coin 5 years ago by MAGA_Coin +21 / -0
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– RamboToaster 2 points 5 years ago +2 / -0

I'm not as confident as you are that the money system will crash on the 29th, but it is teetering extremely out of balance.

They will never tell us ahead of time that they are fucked.

I'm thinking if we use these controlled ATM smashes: AMC, GME, and ultimately Silver, we can put money into the hands of the people. THEN, before massive inflation destroys everything, we switch systems.

Alternatively, we let inflation destroy everything and remove the Central Bank then. This is what happened in Germany post WWI.

I would LOVE to be out of this shithole of lies, but I think we are further than 6 months away from that.

Also, you are doing the lord's work in the comments section. Amen, brother.

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– RamboToaster 2 points 5 years ago +2 / -0

There is a theory that if you controlled 50%+1 of the BTC miners, you could make fraudulent crypto. China controls like 60%+ of the miners.

That last time that BTC plummeted hard about 2 weeks ago seemed to stem from an article about a "Chinese fraudster withdrawing $1.5B in Bitcoin." It was the fakest 2-line article.

I just feel like there is a massive rug-pull coming for Bitcoin - not to say there won't be fat gains until then.

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– RamboToaster 1 point 5 years ago +1 / -0

No, I'm sorry. It's not a "vulnerability."

I'm just saying that the February 21st, 2021 drop of bitcoin seemed to have no reason other than 2 line article I read at the time.

That article was simply: "Known Chinese fraudster pulls out $1.5billion in BTC"

His action was not fraudulent. In fact, I think the article was a fraudulent grouping of key words to try to fuck the price of BTC. AND IT WORKED.

I'm saying you could make up any fucking story you wanted about BTC and pull the rug.

Maybe it's this story? That's not the original article I read. https://www.cryptoglobe.com/latest/2021/03/bitcoin-whale-moves-massive-4-5-billion-fortune-in-btc-for-a-21-fee/

for clarity: I believe that eventually there will be a story about "bitcoin fraud" on a massive scale. Whether or not that story is true at the time doesn't even matter - it will cause a massive sell-off and tumultuous period to follow.

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... continue reading thread?
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– SaltyKarens 1 point 5 years ago +1 / -0

"In order for an EMP to destroy Bitcoin it would have to take out computers and files all around the planet that hold information on the blockchain. This is essentially impossible. Yes, you could cover the world in EMPs, or a CME could strike the planet, but really – neither would hit everywhere. These would (largely) be localized events, only having a minor impact on the global blockchain.

So, while the U.S. could lose power from an EMP attack, the blockchain would still exist in other areas of the world, and thus, Bitcoin would still exist. The only catch here is that you would have to have your password memorized or written down to reclaim the Bitcoin from your wallet. If you didn’t have that information, then like other people today, you wouldn’t have access to your Bitcoin either."

https://www.shtfblog.com/can-bitcoin-survive-an-emp-attack/

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– SaltyKarens 2 points 5 years ago +2 / -0

Exactly, keep you savings in multiple "buckets"

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