If they had control over Bitcoin they would not be taking measures like this.
(twitter.com)
😷 DEM PANIC 💉
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Are you serious? We are living in a time where our governments can close down our small businesses yet let Amazon and Walmart flourish, raise taxes, print countless USD, freeze GoFundMe donations if they don't agree with the views and now Canada straight up freezing bank accounts and trying to freeze BTC/crypto wallets. But hey a digital currency is safe and reliable!! Physical Gold and Silver have been used as a storage of wealth for centuries.
Btw all the usual scumbags are pumping crypto in posts and commercials to the public and telling us to get in. Am I really suppose to believe they give a fuck about me? Their puppet masters want a cashless society for obvious reasons and if you can't see that you are blind. BTC is great if used for it's intended purpose but unfortunately we will in a world of greed and lust for control and power.
They are all just making money. That doesn't invalidate BTC as a currency.
But governments around the world working together to stop and outlaw its use would.
Since it's not a physical object, they could confiscate all cold storage, outlaw exchanges and then it wouldn't be a viable currency because you wouldn't be able to actually trade it for goods.
Not sure what you're getting at but my point still stands...
Gold as an investment -- you have lost a lot of purchasing power investing in Gold... don't take my word for it, look at the data and performance returns, that's my point. So your stored wealth has lost it's 'wealth' over time, it's an objective view. As the USD debases over time due to inflation (the Fed numbers are bs btw) your wealth has decline in purchasing power. You would've made more with real estate, stocks. Remember that you're denominating Gold's value in USD.
Apples to apples -- Gov can freeze your gold account at a 3rd party custodian - if you won paper gold, or store physical metal in someone else's vault. Same with any custodial crypto wallet, or your Bank account.
The point is to self-custody, meaning you hold your own gold, physically... likewise with Bitcoin, you move it to Cold Storage, where you and only you own the private key.
You need to do your own research on cryptos, and not follow the herd/hype. I could say the same about the usual scumbags pumping Gold and precious metals.
Seems like your outlook of the future is total anarchy, where we will fall back into some barter society where golds is the only thing people want to use as a medium of exchange :)
Q did state not to worry no?
C'mon man!