Elon became the poster boy for crypto so his actions carry weight as he attempts to destroy it. Colonial pipeline hackers extort $5 million of Bitcoin from company. Fake news is shaping a narrative that the DOJ and IRS are looking into Binance for money laundering, when in fact Binance is helping US find users who are money laundering.
I would not be surprised if other woke companies start coming forward and stating they will discontinue use with Bitcoin. This is an orchestrated attack to stop the bull run.
Q post 571
"@Jack, MZ, ES, JB, EM, SH, MSM, etc.
Do you know that we know?
Do you know that we see all?
Do you know that we hear all?
FEAR the STORM.
NOBODY PLAYING THE GAME GETS A FREE PASS.
NOBODY.
Q"
I may not understand it, but every time I ask a question about it, and point out a flaw, the answer I get back is how its useful.
I am well aware of how its useful. I think the idea of crypto is great, and I think it will almost certainly be the path forward as a currency (no matter who wins the war).
If its the Patriots that win it will almost certainly be backed by something, and if the NWO wins then it won't really matter because whatever they make will just be the new fiat currency. It won't be an "investment" of anything in the NWO because there will be only one world currency.
All the CURRENT cryptos will become worthless in either case.
You mean all the current fiat currencies? The same ones that are susceptible to hyperinflation whenever someone at the top decides they are? You can't back a fiat currency with another fiat currency. You can SAY you are, but its ultimately worthless.
Until a little over a hundred years ago, all currency was silver or gold going back to the dawn of written history. Since then multiple economies have gone under due to hyperinflation of their fiat currency as soon as the whim hit some Rothschild.
You are asking about IMF? OMG?!?
Are you serious? That is the CONTROL MECHANISM of the elite on the populace. Look at what they have done. Everything that has happened since the coin act of 1873 had been their work towards shifting all money from the people to the elite. Every single action.
Of course. That has nothing to do with the current round of cryptocurrencies that have no backing. In fact that is exactly the backed type of blockchain I said was NOT useless.
I never asked how its useful. I said that was the ANSWER i got whenever I pointed out ITS FLAWS. I know how they are useful. I am giving reasons why the current cryptocurrencies (that have no physical backing) are likely designed as a (black hat) means towards the economic downfall of those who invest in them.
It has value until the moment someone decides it doesn't. Such a thing has happened multiple times in history. Its on the verge of happening here with the dollar. Anyone who thinks crypto (not backed by a physical asset) is somehow immune is invested (which generally means not sufficiently objective).
I keep asking for somone to address the flaws, and all I get back is "how its useful". Which I keep saying "I know how its useful". When someone addresses my arguments I will be less frustrated.
A crypotcurrency that is an investment is a fools paradise. It's like saying "I have more faith in this puff of cloud than that one." Such things are 100% whimsical, having no foot in anything real, and subject 100% to manipulation (i.e. fraud).
If the Patriots win, I will bet anything that the only crypto's that will have value will be ones that are backed by physical assets (which is really just another way of saying blockchain stock market, which I think will absolutely be the path forward).