The decentralization of power means taking money out of the hands of the central bankers. Therefore, why call a technology that does this “dangerous”?
After all, blockchain technology (as patented by the USPS under Trump) could have (or did) saved the 2020 election, if implemented. Just one example of MANY, how it could help end corruption.
So why? When he says dangerous, does he mean to Establishment finance?
https://decrypt.co/89108/donald-trump-calls-crypto-dangerous-even-as-melania-launches-nft
I remember him stating awhile ago that Bitcoin was a scam
Yes he did. But it’s clearly not.
I don’t think you have been paying attention to the pumping and dumping. Bad actors utilize it to launder money, raise quick capital, traffic drugs/kids/women.
Sure some people have faired well, but this isn’t something you want to base an economy on.
They do that with government currencies also. In fact, MORE SO.
You made it the subject with your rebuttal.
None of that is intrinsic to bitcoin. Its actually more transparent than fiat
Yes. It took a while to recognize it, but a while ago I was on Steemit and there was regular discussion of the value of the coins and cryptos in general.
Every so often a whale would quit and cash out, when that whale pulled out their cash the entire market dropped (I mean pennies, but noticeable). Then there would be a story of a major influx of cash and suddenly the price boosts. Then this happens in bitcoins and the steem coins price was also impacted.
Once that trend clicked that the value of the overall market depended on the continued input of cash from new investors to influence the price, that the entire crypto markets are by definition a ponzi scheme. If the whales (big holders) all sold at the same time, the value would be so low that nobody would want them anymore.
Here's a well-written summary of a big problem with bitcoin.
https://crypto-anonymous-2021.medium.com/the-bit-short-inside-cryptos-doomsday-machine-f8dcf78a64d3
Blockchain is different from bitcoin.
Yes it is different. But read this: https://bitcoinmagazine.com/markets/debunking-misconceptions-from-the-bit-short-inside-cryptos-doomsday-machine
Those are good points to think about. But in a general sense, I lean towards thinking that tether corrupts the bitcoin market in the same way that fake-accounting-supported Chinese stocks corrupt the NYSE. The extent and severity are debatable, but trading on unfunded leverage at all is problematic. Will consider more. Thanks.
Let’s assume Tether is a Trojan Horse. It’s purpose would be to crash blockchain currencies. But why? Because they know it’s our only hope.
Anything not based in some sort of hard currency (be it metals, paper, etc) can be controlled more so than fiat currency. If the power goes its value is gone. If the internet goes is value is gone. If bad actors control the power the value is in their hands. If the bad actors control the internet the power of the value is in their hands.
Wrong. You don’t understand the technology.
There's alot it read between the lines in the things he says. I think his talking about crypto being dangerous is the same way he talks about vaccines being safe. We are at war. Deceiving the enemy is the only way we win.
I think Satoshi Nakamoto, who invented Bitcoin, might have been a white hat team working for the NSA. There's a reason why the CIA wanted to talk to Gavin Andreessen who worked closely together with Satoshi. After the CIA approached Gavin, Satoshi disappeared. I think Bitcoin plays a major role in the white hat vs black hat war.
Also, Trump might just be old-fashioned and might not understand crypto that well. Trump doesn't need to be fully informed of the entire white hat game plan to perform his role. The white hat plan to save the world is larger than just Trump.
any idea who that may be?
My thoughts as well.
Anybody who thinks like you do hasn’t done their homework on blockchains.
The Cabal is against decentralization. You are wrong.
Yet they can’t stop it. And that’s the point. If we want to pull the rug out from under the Money Masters, we turn to our own decentralized money. Buy and sell with that. This is how we undermine the State.
Something to see: https://rumble.com/vr9vin-devolution-power-hour-interview-w-gmoney-on-bitcoin-and-crypto.html
When Gates, and a host of Hollywood types are investing in and advertising for crypto it makes me uncomfortable. Gates trying to patent a crypto harvesting device that taps into a persons body sounds like something straight out of the Matrix.
Gates wants to build his own, centralized crypto. Digital money is NOT the same as blockchains.
My guess is that the cabal actually wants digital money to be the only recognized currency worldwide. The majority of money needs to stay physical.
They want their coins and tokens to be recognized. They do want control of what will most likely be inevitable.
Doesn't mean it can happen, also doesn't mean they won't try.
Perhaps someone should have asked Q about anything crypto related.
siding with them while Melania Trump Just Launched Her Own Crypto Venture For Children's Charity ... he's a hypocrite like the rest of them
https://communities.win/c/TheDonald/p/140vMJorPl/melania-trump-just-launched-her-/c
A deflationary cryptocurrency on a decentralized blockchain is superior to fiat but gold and silver will always be better than both.
Ethereum has multiple projects underway to transact digitally but with gold backing.
Keep your enemies closer.
Would need a full video for context. Printed interviews and representations of discussion, especially pertaining to Trump, are ALWAYS WRONG.
methinks Trump wants to be King of the Gold through using the FED when it fails.
crypto is nothing but a SCAM! If you have extra money to invest buy PHYSICAL silver or gold. Both will ALWAYS be of value and have been since before the idea of money came around and both will be of value no matter what the economy is doing.
When is El Salvador someone's justification for anything???
El fucking Salvador. Okay.