Donald Trump warns crypto a 'very dangerous thing' President Trump stresses the only currency he wants is the dollar. Dec. 20, 2021
(video.foxbusiness.com)
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Haha so true.
Crypto is dangerous to the Fed and central bankers. Trump has to back the dollar, as he is the man who wants to save it and save our country.
I love him, but he already has his billions. If the peasants can make some money on this new emerging technology, then I’m all for it. As long as people don’t invest what they can’t afford to lose.
Vaxx-free semen is the next cryptocurrency.
The entire U.S. Navy is fully vaxed.
I'm afraid we're out of vaxx-free semen.
facts
That rag next to my bed would indicate otherwise.
Kek!
Master Bates reporting.
Crypto is the dream of those pushing the beast system.
You'll own nothing and you'll be happy.
Yep.
A completely digital currency, means you must be on the grid to use it. How can people not see that?
Yes...that is the future. But at the same time thats why people developed crypto in the first place...to have an open and honest ledger that is completely separate from governments and big banks. The digital dollar is coming and it will be just as worthless as the paper dollar. At that point it will be smart to have you money in digital gold like Bitcoin. Other digital mediums of exchange that are faster and more secure will be accepted along side digital dollars. Prepare now, there is no escaping this...its like betting against the internet in 1996. Diversify your investments but make you do have at least some crypto. Do your own research.
The problem is …which crypto?? There’s like 40,900 of them
Start researching the industry...start researching the top 25 in market cap to start...as you start learning more...the coins that are running legitimate forward looking projects and utilities are going to be easily Distinguishable from the meme coins which have only the purpose of people trying to get rich quick. Then as you go youll start to discover smaller projects with potential. Its all very fascinating
Which site should I use to research it?
Well for a good breakdown of what the top coins in marketcaps even are id start with coinmarketcap.com. There youll see everything listed out and you can filter lists and click on coins to see performance histories and links to their websites etc. As far as getting more familiar with the industry in general i highly recommend watching Cryptosrus on youtube...super down to earth tell it like it is guy who has been in the crypto space for a while and made mistakes of his own along the way. There also plenty of other channels on youtube that can help explain things but just be prudent because some channels care more about entertainment than informing
Thanks fren
From what I've come across, crypto is a way to get people put their money in something 'fake,' so they stop investing in real assets such as gold and land. It's pacifying the market because people aren't gobbling up gold and creating alarm.
Please explain how this is different from the central bank's U.S. dollar we use today
U.S. Dollar is a pretty broad category when you start speaking historically. Up until the post-Civil War period, the USD was worth it's weight in either silver or gold, and after silver was demonitized, the USD was still worth it's weight in gold until FDR banned private gold holdings in the mid '30s.
Just because the modern USD is all greenbacks, doesn't mean we can't go back to a gold/silver/bimetallic system post-Awakening. And if/when we do, it doesn't mean that the titular "U.S. Dollar" is no more, either.
currently the usd might as well be dogecoin.
Most successful people in crypto are diversified in other assets like gold, silver, real estate and stocks. They understand diversification and use their gains to buy tangible assets as well.
(I’m not talking about the 17 year old with $50 of Doge.)
"Dangerous" for the central banks you mean.
But fiat currency that is currently facing growing inflation and controlled by private investors that have zero to do with being ran "by the people and for the people," is totally safe guys!!!!
WTF is Trump even talking about?
How do you crush the Cabal idiots? You keep them from diversifying their money! The longer they keep their stuff in only the dollar, the more value they lose.
OK Boomer.
Sorry but hes wrong on this mainly because everyone his age just doesnt really understand it...its the future and everyone should have a little Bitcoin in their porfolio
And Skycoin :)
xrp*
XRP is rumored to be the coin of choice for the big banks....so of course youd be irresponsible not to have a little of that too
yep it was in the world economic forums cryptocurrencies for the future. it’s worth riding the wave before the deep state implodes imo
Sure, the dollar I'm fine with, if the FED and fractional reserve lending is abolished, and if it's gold backed. Otherwise, go fuck yourself.
Crypto is open source, you can read the source code that makes it work. Not only that, you can make a copy to start your own currency. It's permissionless to use, permissionless to copy and innovate.
Bitcoin was created to give humans another option besides the slave currencies. It's about freedom, not getting rich quick.
my problem with crypto is that it feels like Elon Musk and a few others can make it go up and down very quickly, making it easy to game the system for him and few others. We plebs can get lucky and ride the market, but that's not much different than WSB pump and dumps tbh.
That's true, that's not the problem that crypto solves. Prices still move according to the whims of the market, which is heavily influenced by celebrities. Most people don't think for themselves which makes it easy for big guys to swing everything with just a tweet.
But crypto does solve the problem of only-a-tiny-group-of-people-understand-and-operate-the-financial-system. You can get an open source bitcoin wallet that doesn't ask for your passport, your email, your name, your religion. And then someone can send you as much money as thrh have without asking anyone's permission. And the only way the big guys can turn it off is if they turn off the internet.
Gold will End the Fed a gold backed dollar.
Catherine Austin Fitts doesn’t think much of Crypto currencies.
https://sonsoflibertymedia.com/catherine-austin-fitts-planet-lockdown-the-2nd-full-interview-video/
Look at the root of the word -> "Crypt" = Where your money goes to die...
Interesting..
Well, no while the Fed's in charge