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The Central Banks are AFRAID. They know they are losing CONTROL. What happens when we cease the utilization of their FINANCIAL SYSTEM? End Game? György Matolcsy, governor of the Hungarian Central Bank, wants to ban cryptocurrencies like #Bitcoin in the European Union. P. A. N. I. C.! (twitter.com) 🚔 Crime & Corruption 💸
posted 4 years ago by Qanaut 4 years ago by Qanaut +406 / -0
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▲ 31 ▼
– PoopyPatriot1983 31 points 4 years ago +31 / -0

maybe we ban central banks instead?

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– TurdFergueson2 9 points 4 years ago +9 / -0

This is literally the best.

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– Mar-0 1 point 4 years ago +1 / -0

Ban more than that. Watch this. I know it's long but PLEASE make the time. It explains EVERYTHING and I'm AMAZED it's still on ughtuub. https://youtu.be/mDlnM481Gcg

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▲ 10 ▼
– pnwhomebrewer 10 points 4 years ago +10 / -0

Crypto and precious metals. Ape don’t fight ape. We hodl silver, gold, crypto, GME and DWAC as one. Harambe would be proud. Dicks out and WWG1WGA!

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▲ 3 ▼
– propertyofUniverse 3 points 4 years ago +3 / -0

Yes, we hodl!

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▲ 9 ▼
– VetforTrump 9 points 4 years ago +9 / -0

It only changes when the option to opt out is available and WE opt out.

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▲ 10 ▼
– Qanaut [S] 10 points 4 years ago +10 / -0

Imagine a tax protest with the same fervor as the trucker protest.

There are not enough enforcers to go around.

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– GoGoOptomistic 1 point 4 years ago +1 / -0

I like this idea!

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– deleted 1 point 4 years ago +1 / -0
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– Rardog900 1 point 4 years ago +1 / -0

Just claim the maximum child credit

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– LongTimeListener 1 point 4 years ago +1 / -0

Very easy to opt out of withholding on your check.

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▲ 9 ▼
– Kektrain 9 points 4 years ago +9 / -0

End of game, game stop. Enjoy the show, amc $AMC $GME $Ethereum $ALGO $XLM $SHIB

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▲ 4 ▼
– Strelnieks 4 points 4 years ago +4 / -0

Ethereum was created by an outspoken pedophilia leniency advocate.

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▲ 3 ▼
– Kektrain 3 points 4 years ago +3 / -0

Politician?

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▲ 2 ▼
– Strelnieks 2 points 4 years ago +2 / -0

Vitalik Buterin. Check his tweets. Has been widely covered in the past.

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– AdAstra_PerAspera 1 point 4 years ago +1 / -0

GME, DWAC, or spy/qqq/pfizer/moderna puts are the only things to do. Everything else is you being misled into rugpulls.

AMC is piggybacking on GME's DD and fundamentals. AMC will not squeeze like gme. Its float is 7x bigger and it is not close to being 7x times as naked shorted. Its a fantasy.

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▲ 6 ▼
– Lenguado 6 points 4 years ago +6 / -0

Crypto is NOT currency. Crypto is a scam / vaporware.

Outlawing is fine by me. It makes NO difference.

Outlawing Central Banks / Federal Reserve WILL make a difference.

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▲ 8 ▼
– Qanaut [S] 8 points 4 years ago +8 / -0

I disagree.

I see tokens replacing stocks in the very near future.

Blockchains create transparency and accountability. Stocks allow for counterfeit share creation in the form of synthetic shares. Hedge Funds take advantage of these loop holes to create additional shorts for companies, thereby depreciating the value of the company whom they are defrauding. This is what happened to companies like Blockbuster, GameStop, and many others.

Through the use of a blockchain, and tokenomics, a company can 'mint' X number of tokens, and create a fixed finite number that can never be fraudulently increased through synthetics.

I do agree that calling this market cryptocurrencies is probably inaccurate. Thinking of it more as a replacement for the stock market is more apt.

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▲ 4 ▼
– CrimsonSentinal 4 points 4 years ago +4 / -0

...and companies like, Sears, Kmart, Orchard Supply, Mervyn’s, Toys R Us, Kay Bee Toys, FAO Shwarz... the list goes on and on.

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– MAGAdeburger 4 points 4 years ago +4 / -0

Currency is a medium of exchange for goods and services. It is a store of value. The problem is that over the course of human history, that concept has come under the control of governments which have come under the control of international private banks. He who controls the production and regulation of money, holds all power. Threats to centralized government control over mediums, are threats to the international banking cabal. This is why crypto scares the shit out of those holding onto control.

Article 1, Section 10 of the US Constitution prohibits states from being allowed to "coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts." Why? Because in Section 8 of the same article, the states vested the power "To borrow Money on the credit of the United States [...] To coin Money, regulate the Value thereof, and of foreign Coin" in Congress.

There are two interesting, critical points absent here. First, the Constitution does not bind Congress to keep any certain form of currency (metal coins, paper notes, digital accounting notes) or base on any particular standard (gold, silver, Bitcoin). Secondly, note that nothing is said about businesses and individuals creating their own forms of exchangeable currency. Congress has no more authority, under the Constitution, to ban cryptocurrency than it does to ban prepaid debit cards or paper gift certificates used by mom & pop businesses. In other words, the FED and IRS can fuck off if that's what the people want. If enough people decide to start using digital wampum as our trusted system of currency, there's nothing the government can do about it.

Edit: want to get rid of the FED? Amend the Constitution to eliminate the power of Congress to "borrow money on the credit of the United States." 🤔😉

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– 17JCsCrib26 1 point 4 years ago +1 / -0

This is an honest question, I don't know enough about it too understand it. How was the CMC able to change the number of SHIB coins available for almost a month? A few of people I know bought when it was .00007+, but they changed the number of available coins back and now it's ~.00003. Most people I know lost half of what the put in over a "mistake".

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– grandestninjabiscuit 1 point 4 years ago +1 / -0

SHIB is a sh$tcoin designed for pump and dumps. To destroy the credibility of the crypto markets. There are a few coins to keep an eye on the one and most important it’s bitcoin. Take a look at bitcoins history. Focus on its biggest bull run ever 2017 what month? Does it coincide with someone’s post? You do the research take a look you’ll see what the writing on the wall looks like.

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– 17JCsCrib26 2 points 4 years ago +2 / -0

Why does everyone always get so offended when I ask questions about crypto, goodness. Take a deep breath, I'm just curious. I know that SHIB is a meme coin, I get that, but I'm also told it is a part of the Ethereum Blockchain. I'm being told that Blockchain can't be messed with like they do stocks, yet I saw it happen to some of my friends. I was just trying to understand how.

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– grandestninjabiscuit 1 point 4 years ago +1 / -0

You have to look at the number of holders and the percentage that they hold. Someone who’s holding millions of dollars worth of something could easily manipulate the market. This reminds me of the stock market in 2000 with dot.com so many rug pulls. Almost everyday.

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– 17JCsCrib26 2 points 4 years ago +2 / -0

Do you not understand what I'm saying, the CMC said there were ~390 trillion circulating coins, when there were actually ~549 trillion circulating coins. They changed the number of available coins. That's has nothing to do with how many coins someone holds. They said, "Oops, we did a new scan and we miss counted the the supply." So again I'll ask, if it can't be manipulated like stocks, then how were they able to do that?

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– grandestninjabiscuit 1 point 4 years ago +1 / -0

Getting back to original question not sure but if they’re manipulating the coins and the numbers be cautious very cautious.

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– GodzillaTrump 4 points 4 years ago +4 / -0

Yeah you definitely havent researched crypto very deep

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▲ 4 ▼
– Strelnieks 4 points 4 years ago +4 / -0

I completely concur. Crypto is a scam. I've never witnessed anyone who's invested in it show a physical return.

At work I know at least a dozen investors who have nothing to show but loss over years of crypto investment. Only one has had the balls to accept all the fees/taxes sbd convert it all over to his checking acct... To the tune of near -$20k loss.

The rest have never cashed out and just keep pumping more and more in with no way to spend it or withdraw without heavy fees/loss.

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▲ 5 ▼
– MAGAdeburger 5 points 4 years ago +5 / -0

I personally know 2 multi-millionaires and a another friend who is about to hit $500,000 in realized profit. Sounds like you just have shitforbrains co-workers.

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▲ 4 ▼
– EllipticCurveBall 4 points 4 years ago +4 / -0

Does anyone cash out of USD either? Crypto is a currency not a stock... Your analogy is flawed which is why you are coming to these fallacious conclusions.

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– GodzillaTrump 1 point 4 years ago +1 / -0

First off anecdotal...but more importantly anyone in to trade it in the short term will most likely lose because of the volatility but for those who have been in the space for 4+ years have seen massive returns and profit taking like no other. Its an investment not a get rich quick scheme

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▲ 6 ▼
– Caprica777 6 points 4 years ago +6 / -0

I’ll just continue to use my offshore exchange with a vpn, like everyone else. Fucking morons.

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– Hodar 4 points 4 years ago +4 / -0

Crypto simply cannot buy as effective advertising as our corrupt government officials are giving them for free

I wasn’t interested in Crypto yesterday

I am now

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▲ 3 ▼
– deleted 3 points 4 years ago +3 / -0
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– inkbourne 5 points 4 years ago +5 / -0

If you are betting on a scenario that renders the use of crypto obsolete, what type of currency you decide to hoard should be the least of your concerns. Crypto exists without power and internet. If we don’t have either, we would probably resort to barter instead of currency. The minute the internet and power come back, so does crypto.

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– deleted 2 points 4 years ago +2 / -0
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– Mar-0 1 point 4 years ago +1 / -0

Look into Monero. I'm not 100% sure but I heard that one is actually totally anonymous

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– inkbourne 1 point 4 years ago +1 / -0

The user that goes by the pseudonym "Satoshi Nakamoto" wrote the original source code in 2008 along with the white paper for their idea: Original source code White paper

Satoshi's announcement for the first release of Bitcoin was through a mailing list: Release of Bitcoin

After quite a bit of correspondence with other developers, Satoshi said goodbye in 2011 with an email to Mike Hearn:

I've moved on to other things. It's in good hands with Gavin and everyone. Last email

Currently Bitcoin is maintained by a group of people with hundreds of others contributing to the source code for the software that runs the Blockchain: Source code

I do not understand what you mean by "Can it be tracked?" The Bitcoin Blockchain runs on a distributed network of nodes that is constantly verifying the legitimacy of transactions. You do not have to trust it. It is trustless. That should be the allure of decentralization.

This "invest in Bitcoin" rhetoric that we are all accustomed to hearing now is nonsense. The problem is Wall Street, not the technology. It was never intended to be treated the way it is being treated. I will give people who doubt its use as a currency that much. Merchants were accepting it as a valid form of payment. A guy hacked together a gas pump to accept Bitcoin. There were legitimate uses for Bitcoin as a currency. Then the US government got involved...

We gave them the power to regulate it like we do with everything because a lot of people are submissive and naive. We got the gift of an unregulated currency that functions in the real world and then were convinced that it needs to be regulated. The regulation allowed people with the big bucks to feel comfortable enough to get involved and manipulate the onboarding process into some ridiculous investment scheme. The masses got entangled in the growth of Bitcoin at the wrong time.

I apologize for my rant. I have seen Bitcoin grow up ever since it was being used to facilitate transactions on Silk Road. I am so irritated with the way it has been abused by governments and people like Elon Musk. Sure, it was to be expected, but I figured people would catch on by now. I guess the temptation to make a quick dollar will always be stronger than the allure of being your own bank inside of a truly open market.

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– Bobby777 1 point 4 years ago +1 / -0

Satoshi Nakamato might have been a team of white hats from within the NSA.

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– GodzillaTrump 2 points 4 years ago +2 / -0

If power dies across the entire world which is what it would take to render it impotent, then were in a world where ammo and food will be the most prized possessions. So ill go with crypto.

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– grandestninjabiscuit 1 point 4 years ago +1 / -0

Bitcoin is a decentralize compute node farms. No one centralized organization controls the asset. In your example the power would be required to go out globally to bring down bitcoin I don’t see that happening in the near future.

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– deleted 1 point 4 years ago +1 / -0
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– grandestninjabiscuit 1 point 4 years ago +1 / -0

Maybe however I have a node in my basement. Problem solved

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– MAGAdeburger 1 point 4 years ago +1 / -0

Gold melts.

Neither physical medium can be eaten.

The only question is, which system is most trusted?

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– deleted 2 points 4 years ago +2 / -0
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– grandestninjabiscuit 1 point 4 years ago +1 / -0

Truth! 110%. Soon everyone will know.

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– deleted 2 points 4 years ago +2 / -0
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– deleted 3 points 4 years ago +3 / -0
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– deleted 1 point 4 years ago +1 / -0
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– grandestninjabiscuit 2 points 4 years ago +2 / -0

Yes you can hold it, in a hard wallet off the exchanges. Also you can multiple wallets on multiple exchanges and a hard wallet.

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– grandestninjabiscuit 1 point 4 years ago +1 / -0

Someone’s down voting me why?

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– Bobby777 2 points 4 years ago +2 / -0

Melania Trump celebrating the creation of Bitcoin:

https://greatawakening.win/p/141YbT4m9w/melania-trump-celebrating-the-cr/c/

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– deleted 2 points 4 years ago +2 / -0
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– kish-kumen 1 point 4 years ago +1 / -0

Cryptocurrencies are antisemitic.

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– FEARNOT 1 point 4 years ago +1 / -0

He had the real first name of the old dog known as Georgs Soros. They are both Hungarian too.

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– deleted 4 points 4 years ago +4 / -0
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– deleted 1 point 4 years ago +1 / -0

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