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.
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.