Seriously? Do you not know the difference? Are you assuming crypto will be printed on paper as well?
Also if their is no difference why would you care if we didnt take up crypto. I mean wE AlREaDY PaY ONlInE
Thinking that crypto will ruin the banks does not take into account Legal Tender laws, nor an appreciation of how much money they have. For as long as there is a way for you to buy crypto, there is a way for them to buy it all at the drop of a hat.
Moving that much money into crypto can't happen without waking up the entire planet.
They move billions every day. Its a pump and dump for the market. No one notices a thing.
They own the entire world and control every country's government. No one notices a thing.
They are poisoning an entire planet and people are begging them to do it. No one notices a thing (or at least not enough).
They own every business, every bank, every shop, everything. They could buy it from 1,000,000 different anonymous purchasers. No one would notice a thing.
Crypto is backed by faith. They own all the media. They own the faith machine and have for thousands of years. They are masters of faith.
They own over half of fucking Btc already (through CCP).
If you think they couldn't crash the crypto market, you need to do some more research into the extent of their ownership. Please read the link above. It will give you some insight into reality.
Disagree. It sounds like you're talking specifically about BTC.
How did you get that out of what I said?
Btc is the largest market share. To suggest it isn't important in the crypto market is ludicrous. If Btc and Eth fell, the market would fall like a rock. No one would have any faith in any other crypto. I mean sure, a few people would hold on with both hands, but every single retailer that has gotten on board would dump it like a hot rock. Outside of the grey and black market, it would be destroyed.
Maybe your definition of fatih is different than mine?
faith: complete trust or confidence in someone or something
Faith is belief. A real asset is not faith. It has value in its physical existence itself. A house has value extrinsic to its bank loan value. Food has value extrinsic to its looks on the shelf. Silver has value extrinsic to its value as a currency.
Btc has no value whatsoever other than the belief and trust of the people that have invested in it, and the stores that accept it. Once stores no longer accept it, the belief of the investors will fail. The fraud of fiat currency, any fiat currency will be revealed. No one will trust it again.
The warehouse I have with 24 machines that process electronic transactions don't look like "faith." to me.
This has nothing to do with my "preference." This is about the reality of crypto.
Crypto as a structure is awesome. Please see my other post in this thread (below the one you responded to). I am talking about fiat crypto and the systems that are already in place; who actually controls them, etc.
Crypto is 100% controlled opposition. Of course it is. It is ludicrous that something so simple, that they saw coming years ago (if they didn't create it themselves) wasn't on their radar and controlled by them. They control everything in that sphere and have for thousands of years. Please read the post in the link I gave you earlier for more information on that; so you can get a basic understanding of the scope of things.
There is nothing wrong with Blockchain as a technology. Like all tools it can be used for good or evil.
Using it to create a fiat currency is imo controlled opposition; it can only lead to harm. But using it as an exchange medium for a real asset (if done properly) could lead to the greatest good.
Imagine all stocks being on the blockchain for example. Then stocks could be traded instantly, without a middle man. There would be no need for creating a short, so there could be no more short selling. Stocks would become simply, "I bought the stock because I like the prospects of the company."
Such a move, which is actually fairly simple to do (and GME may do that) would completely destroy all market manipulation. It could create a truly free market (something that has never existed).
You could also easily create such a system to back a good intermediary for exchange, like silver. With the infrastructure in place for transfer of crypto to real asset (like a bank) you could have a real, asset backed crypto currency. No more fractional reserve lending, since only real in stock silver is tied to each crypto.
If you tie other assets to their own crypto also, like gold, platinum, stocks, etc., or anything for which such an infrastructure could be created in a reasonable way, you would eliminate currency fuckery. Hording of money would cease to be an issue. In such a system you could even eliminate the need to have any standard intermediary for barter (not that that is necessarily desirable, but it becomes possible). Supply/demand would determine all exchanges, simply through barter itself, with the ease of crypto.
A hammer in the hands of a carpenter can build a house. In the hands of a murderer it can kill someone. In both cases, its just a hammer.
The Central Bank Digital Currency that the globalists want is NOT the same thing as the people's cryptocurrency. They are two separate things, with very different purposes.
Still don't trust this shit.
Crypto, digital fiat. Tech is great but the principal is wrong.
Fools, any crypto is what they want in a cashless society. Doesnt matter who started it they will own it.
Seriously? Do you not know the difference? Are you assuming crypto will be printed on paper as well? Also if their is no difference why would you care if we didnt take up crypto. I mean wE AlREaDY PaY ONlInE
Faith backed crypto is controlled opposition.
Thinking that crypto will ruin the banks does not take into account Legal Tender laws, nor an appreciation of how much money they have. For as long as there is a way for you to buy crypto, there is a way for them to buy it all at the drop of a hat.
And then drop it off a cliff.
They move billions every day. Its a pump and dump for the market. No one notices a thing.
They own the entire world and control every country's government. No one notices a thing.
They are poisoning an entire planet and people are begging them to do it. No one notices a thing (or at least not enough).
They own every business, every bank, every shop, everything. They could buy it from 1,000,000 different anonymous purchasers. No one would notice a thing.
Crypto is backed by faith. They own all the media. They own the faith machine and have for thousands of years. They are masters of faith.
They own over half of fucking Btc already (through CCP).
If you think they couldn't crash the crypto market, you need to do some more research into the extent of their ownership. Please read the link above. It will give you some insight into reality.
How did you get that out of what I said?
Btc is the largest market share. To suggest it isn't important in the crypto market is ludicrous. If Btc and Eth fell, the market would fall like a rock. No one would have any faith in any other crypto. I mean sure, a few people would hold on with both hands, but every single retailer that has gotten on board would dump it like a hot rock. Outside of the grey and black market, it would be destroyed.
Faith is belief. A real asset is not faith. It has value in its physical existence itself. A house has value extrinsic to its bank loan value. Food has value extrinsic to its looks on the shelf. Silver has value extrinsic to its value as a currency.
Btc has no value whatsoever other than the belief and trust of the people that have invested in it, and the stores that accept it. Once stores no longer accept it, the belief of the investors will fail. The fraud of fiat currency, any fiat currency will be revealed. No one will trust it again.
That my friend is exactly what faith looks like.
Guess what it will look like when faith is gone.
This has nothing to do with my "preference." This is about the reality of crypto.
Crypto as a structure is awesome. Please see my other post in this thread (below the one you responded to). I am talking about fiat crypto and the systems that are already in place; who actually controls them, etc.
Crypto is 100% controlled opposition. Of course it is. It is ludicrous that something so simple, that they saw coming years ago (if they didn't create it themselves) wasn't on their radar and controlled by them. They control everything in that sphere and have for thousands of years. Please read the post in the link I gave you earlier for more information on that; so you can get a basic understanding of the scope of things.
There is nothing wrong with Blockchain as a technology. Like all tools it can be used for good or evil.
Using it to create a fiat currency is imo controlled opposition; it can only lead to harm. But using it as an exchange medium for a real asset (if done properly) could lead to the greatest good.
Imagine all stocks being on the blockchain for example. Then stocks could be traded instantly, without a middle man. There would be no need for creating a short, so there could be no more short selling. Stocks would become simply, "I bought the stock because I like the prospects of the company."
Such a move, which is actually fairly simple to do (and GME may do that) would completely destroy all market manipulation. It could create a truly free market (something that has never existed).
You could also easily create such a system to back a good intermediary for exchange, like silver. With the infrastructure in place for transfer of crypto to real asset (like a bank) you could have a real, asset backed crypto currency. No more fractional reserve lending, since only real in stock silver is tied to each crypto.
If you tie other assets to their own crypto also, like gold, platinum, stocks, etc., or anything for which such an infrastructure could be created in a reasonable way, you would eliminate currency fuckery. Hording of money would cease to be an issue. In such a system you could even eliminate the need to have any standard intermediary for barter (not that that is necessarily desirable, but it becomes possible). Supply/demand would determine all exchanges, simply through barter itself, with the ease of crypto.
A hammer in the hands of a carpenter can build a house. In the hands of a murderer it can kill someone. In both cases, its just a hammer.
/thread
What means of currency exchange do you propose other than crypto and/or fiat?
Surely, you have a better idea that would be widely accepted and implemented easily and efficiently.
Why gold and silver? Neither have any real intrinsic value. They're just shiny rocks.
The Central Bank Digital Currency that the globalists want is NOT the same thing as the people's cryptocurrency. They are two separate things, with very different purposes.