What’s the play on Bitcoin? Hilary and Trump both agree Bitcoin is bad???
(systemupdate.substack.com)
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Because Bitcoin will destroy the central banks
But Bitcoin is owned by central banks too.
Then why do they need a paper version of it if they own it?
Controlled opposition. Anytime anyone thinks "why would they do this or that" they are completely not appreciating how we got where we are.
They have controlled both sides of every conversation for millennia. Until you understand that, you won't understand what is going on.
Then by that logic I can claim they're controlling the Q narrative as well. 🙄
It's not a "claim", its a statement of observation backed by a million data points. As for Q, who knows, maybe they are controlled opposition. Anyone who trusts Q is a fool. Anyone who trusts ANYONE is a fool. Trust is the opposite of critical thinking.
I can say two things about Q;
Until I see signs of Q fuckery (of which I am constantly on the lookout for), I will look to Q for answers.
Hell, even if I do find signs of Q fuckery, I will still look to Q for answers, just like I look to primary evidence of fuckery in Rockefeller documents, Rothschild documents, government documents, law books, etc. right now.
I agree. Ppl who downvoted are the ones who trusts Q blindly. So honestly, idk what they do with the information of "disinfo is necessary". I completely agree with you.
For what it’s worth I think bag holder time is coming soon for Bitcoin. I just over heard two ladies exchanging Bitcoin tips at Costco. Remember when everyone and their mom were real estate agents before every real estate crash….and every college kid was a day trader during the dot com boom….just saying. When the masses get in is when smart money gets out.
I expect that sure. But it won't crash for too long.
That doesn't make any sense, it's just a network of nodes and miners. I built my nodes and miners myself, and compiled the source code myself, and I'm not a banker, I hate banks.
Bitcoin is based on faith. When faith fails, Btc fails. It's also owned mostly by China and the FBI (aka the Cabal). All the faith based cryptos are owned by the PTB. Its a pump and dump for the stock market.
Not only are these faith based cryptos useless once faith is gone, people don't realize that as long as they are tied to the dollar (can be traded for bank currencies) all the bank has to do is buy them all and then use the media that they own (all of them) to destroy faith.
Trading one faith based currency for another is idiotic. We will take down The Fed (and all other central banks) but faith based cryptos are not the way.
Great explanation. Makes a lot of sense. Thanks!
Now I'm going to not buy cryptos even harder.
Yes what is interesting is the recent negative press from the cabal players like Hillary and Jack Dorsey dumping on Bitcoin. What’s the play? Did the banks short Bitcoin?
"mostly owned by China and the fbi" care to back that up?
you provided a source, but the BTC address in your article is no longer holds 144k btc. the government has regularly held public auctions of seized bitcoin over the years
Here's one that states that China owns 20%. What is the truth? I have no idea. What I can back up is that if the PTB want to buy all of the BTC in the world, it would be trivial for them to do so. They own all the money. They can go in and simply add zeros to a bank account and buy all the BTC and all the rest of the faith backed crypto (or enough to crash the market). If you think they can't, you don't understand what "money" is.
A "US dollar' is actually a Federal Reserve Note. We are not allowed to "counterfeit" a US dollar not because its US currency, but because its copyrighted by the private corporation known as the Federal Reserve. They can make any amount of US dollars they want, at any time. They only reason they don't is because that's not the purpose of the dollar.
The dollar (FRN) is an asset transfer vehicle. They put FRNs out there, we put them in our bank account, banks loan "our" FRNs out to other people, banks collect interest on those loans, and then they take that interest and buy real assets (our real assets).
If, on the other hand they were to just "print money" (which they can do at any time) it would cause the economy to crash and the real asset transfer mechanism would stop. However, if they want to crash the economy anyways, they can just print whatever money they need, buy all the crypto, and then end the whole charade, then bring in the Great Reset. I actually think this is their plan.
The reason this would work, is because inflation lags behind money creation. There is a time in between the creation of money and the destruction of the economy. In that window (about one to two years depending on how much they print) they can do whatever the fuck they want and no one would notice a thing.
This isn't even illegal. You should really read the Federal Reserve Act. When I get to Part 3 of my report, this will all be made completely clear.
Nice analysis.
Oh shit I had no idea you're a financial expert. Nice. Please make a megathread for people not in the know. I'm very deficient in knowing the BASICS of bitcoin/finance/economy so a basic tutorial is also appreciated. If you have time. Thank you for typing all this out for us already!
you clearly don't even understand the issuance model of bitcoin if you think somebody can just "buy all of it up"
You don't need to buy it all to crash the market. If you think you do, you "clearly don't even understand" what it takes to destroy faith when you own all the money in the world and all the media. You could probably destroy the market with 10%. When the price starts to fall, people get out. When people get out, more people get out. When more people get out, all people get out, except those holding the bag. People will realize it has no intrinsic value, and it will be worth absolutely nothing.
As long as there is an exchange between FRNs and Btc, Btc is compromised, because they own all the FRNs.
Its backed by faith. It is worthless. It can't be used to make anything (or at least its value is not tied to its productive capacity), it has no intrinsic value.
I get that you are invested, but that has nothing to do with reality, only your belief, and your belief is only as valuable as everyone else's belief.
True. In fact that’s how bank runs happen. And how toilet paper at Costco runs out during a pandemic that doesn’t involve crapping your pants.
You just described the US dollar.
The dollar is a bit more complicated than Btc. What we call a dollar is not actually a US dollar. A US dollar is defined as a specific weight of gold or silver (21(ish) grains of gold or 325ish grains of silver). It could conceivably also mean a treasury note backed by that amount of gold or silver held in the US treasury (such as a silver certificate, etc.). What we call US dollars are actually Federal Reserve Notes (FRN). We haven't used a "US Dollar" in a very long time.
The FRN performs two main functions; it is a tool of enslavement (indentured servitude) and an asset transfer vehicle. In the first part, it is designed to enslave the US population, and since it is the most commonly used reserve currency in other countries, by extension it is also used to enslave the entire world. It does this by being created based on the future labor of the citizens of the United States. Every FRN in the world is an indenture (bond) on the US citizenry.
In the second part, through the function of "interest" on this de novo created indenture, all real assets are transferred from We The People to the PTB (through their banks and other financial institutions, e.g. BlackRock, State Street Corp, etc.).
While there are control mechanisms in Btc, it is primarily just a fiat currency. The FRN is much more, though it performs that function as well, but really just as a happenstance of it being necessary to be fiat to perform the other primary functions. However, like Btc it will also lose all value as soon as the PTB decide it is time to kill faith in it in favor of their Great Reset.
Anything Hillary says that is good is bad, Trump is pulling a page from the Art of War.
Possibly. Also possible black hat move for trump. The bitcoin/crypto thing just sounds too much like one world currency which the deep state want to install.
There's more to crypto than just bitcoin. There's many others.
So I can find out how much you spent on coffee yesterday? Serious question. So if I wanted to know what you spent today and where at, I can do that without your consent?
That makes sense …but will there be gov accounts that can’t be published for sake of “national security”? Like we have now..like black ops and black funds..
True. So will there be one dominant one or will there be a plethora of them that will be traded against each other depending on what sentiment at the time is for whichever crypto?
Bitcoin is the dominant one and there are a plethora of others already. They're all decentralized. Of course nothing beats precious metals though. I'd invest in a little of both.
I don’t mind buying some to diversify but it just seems like with 40000+ Coins. They can’t all be winners. An anon mentioned faith based ones are pump and dumps. That makes sense. The interview glen Greenwald did (in the linked post) made a good point. In concept it can decentralize control but in reality it has just made a small group of people really rich. Dunno much about crypto. Open to learn more so that’s why I’m posting for more input.
I hear ya. There's a lot of garbage coins out there. If you ask me, stick with the top 5.
So I listen to q uack last night on bitchute and an interesting point he made is Trump said bitcoin is dangerous. Trump never said who it was dangerous for, central banks possibly?
True…trump is the true crypto….you never know what’s the meaning behind his words.
Let’s go Bitcoin!
Look at the wild price fluctuations of BTC over the past few years. No currency this unstable or variable would ever be solely relied upon as a primary currency by a truly free nation.
Since we haven’t been free, BTC has likely been used by the cabal to launder money from drugs, kids, weapons, or anything else they are dealing in. Many have done very well for themselves with crypto. Just don’t expect it to be a safe play when the cabal is finally taken down fully.
It might someday evolve into something trustworthy, but for now, in my opinion it is being pumped and dumped routinely because cash flow is problematic for those who bet trillions on the failure of a basket of meme stocks.
Love cash. Love silver. Love gold. Love Bitcoin. Love crypto. Love DeFi. Love decentralization. Life isn’t all or nothing. If you don’t hold or utilize all of these you are out of your mind
Lol might as well add real estate into the mix.
Listen to the whole thing trump said crypto will explode like big tech. And it will. Yes it's bad for the usd and he tells you why you should have cryptos. Playing the media like a fiddle.
You sure you want to get financial advice here?
Do you honestly believe there is a better place than a place that does honest research?
I hear ya, but do you honestly believe that every poster here is honest?
Nope. That's where discernment and critical thinking come in. I assert that your odds of getting good financial advice here are better than anywhere else however.
as good as anywhere, granted one does in fact use discernment.
If you are not using discernment and critical thinking, you deserve what you get. That is pretty much the first lesson of the GA.
Or knows what’s going on. But that’s where the discernment comes into play. Just like we can’t take trumps word as gospel.
Kek I get my health advice here so good enough kekity kek
well, there is that
Well thanks for that. No I didn’t hear about that.