I was actually invested in crypto for a while and I got out. Why? Because of President Trump's reaction to it. Trump is not a fan. If President Trump has a plan to end the Fed and create sound money again, I'm sure he is not going to want a competing asset that upsets his attempts to establish a stable currency for the American people.
Out of a abundance of trust in President Trump and the Q team, I'm going to say they are not going to let anything stand in their way. If they have a plan to take down the cabal, taking down crypto will be child's play.
If you believe in the Q plan, Q has told us that gold will destroy the Fed. If Trump introduced a gold backed currency, explain to me why a gold backed currency wouldn't destroy crypto? If you have a stable currency again and you can depend on it maintaining its value, would there be a need for crypto? The answer is no.
People got in to crypto because the fiat system was destroying the value of the dollar. Creating a system separate from the Federal Reserve made sense in a effort to protect our wealth and stop the devaluation. If Trump takes us back to the gold standard, do you not see that the crypto system becomes redundant?
Before I go any further, I have to make the usual disclaimer, I am not a financial advisor and I implore you to do your own research. That is why I am doing this, give you shit to think about so it can direct your research. I am not telling you what to do with your money, I am just suggesting you keep a open mind.
You will listen to people tell you crypto is the way of future and they may be right. However, in the world we live in now, there are still a lot of thieves out there. You have to look at everyone with an opinion on this subject and ask if they have skin in the game, do they have a ulterior motive. I myself have heard many people describe crypto as a ponzi scheme. You really need to do your research.
Here is a article where Trump says, "cryptocurrencies are a disaster waiting to happen"
I have been looking at all forms of investment opportunities for many years. Gold and silver that you can hold in your hand are at the top of the list, you can't argue with that. People frown on gold ETF's, they tell you to buy physical gold and silver. Can you hold crypto in your hand?
Have you heard about the conspiratorial cyber polygon event? This is an event where globalists destroy the worlds electronic systems that kicks off the great reset? The difference between conspiracy theories and fact these days? One month. maybe a day?
Do you think the block chain system can't be hacked? What happens if the USA is hit with a EMP and wipes out all of our electronics? Do you have a faraday cage around your phone or computer? Do you think the servers holding your crypto have faraday cages built around them? How will you access your money?
How will you access your crypto during the days of darkness? What happens if the electricity goes out? Biden talking about a dark winter, what does he mean? All of these things should make you think. Placing your wealth in a cloud somewhere when SHTF, its not a great idea.
The federal reserve is taking comments right now. They want to go to a digital currency, what is your opinion?
https://www.federalreserve.gov/apps/forms/cbdc
Do you trust the Federal Reserve enough to turn all of your hard earned dollars in to digital currency? We know where this is going, social credit scores, do you have your vaccines? I'm sorry, you are not permitted to access your finances until you show us your booster vaccine records. Do you not think the globalists have been eyeing all your bitcoins. If they take it from you, what you gonna do about it?
If you think your financial wealth is safe floating around in cyberspace somewhere, I have a bridge to sell you.
Stay safe my frens!!!
Invest wisely!!!
WWG1WGA!!!
I guess I’m going to be the lone voice defending crypto on here and that’s ok…
I think people should diversify and own crypto, and tangible assets as well like real estate and gold/silver.
Melania just unveiled her NFTs to raise money for her platform. If crypto is “evil”, why would she do that, and why would Trump let her?
Trump has to prefer the US dollar. That’s his position in trying to protect the US. But he’s also a billionaire who is insulated and protected, he has plenty of money for his family and their future. For the little guy, crypto can be an enormous opportunity to change his financial future.
Crypto is much more than Bitcoin. It’s emerging technology much like the internet was back in 90’s. And a lot of people were skeptical and didn’t like the “newfangled internet” back then, and wondered what the point of it was.
People doing shady things with BTC or crypto is no different than people doing shady things with fiat or gold over the centuries. And if the internet plug is pulled or an EMP goes off or whatever, well the cash in your bank is just as screwed as the crypto in your wallet.
Just my two cents :)
NFTs aren't crypto. They are similar to copyrights in books or movies.
Crypto is all numbers on a computer somewhere and can disappear.
NFTs can at least be printed and displayed on your wall.
EMP won't make your gold and silver and stored supplies disappear.
This is flat out wrong.... NFTs are absolutely crypto, they are 'things' that exist in the Blockchain.
NFTs are basically the proof of ownership... Sure you can print an NFT (if it's art, not all NFTs are art or photos) but I could likewise print a Bitcoin and it would have the exact same meaning.
Bitcoin works because there will only ever be 21 million ever mined, and it's decentralized and therefore not beholden to government manipulation. Governments can own as much as they want, but they can't decide to make more bitcoins.
Eventually central banks will make crypto based currencies.. China has already been working on a digital yuan, and I'm sure a digital US dollar is probably also in the work (not Tether, or anybody the other stablecoins out there)
It is a copyright, in that no one else can legally distribute copies of a digital drawing that you own. The copyright might be recorded in a blockchain, but that's just storage. Bitcoin isn't based on anything all real. I wonder how people are handling the huge drop the past few days.
I don't believe the US dollar will go digital. I also don't believe the Fed will be around much longer. So the "central banks" won't be doing crap.