YOU WOULDN'T BE ABLE TO SLEEP AT NIGHT IF YOU KNEW WHO WAS REALLY BEHIND BITCOIN
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I hate this clip. if you know, then fucking say it. he's a liar until proven differently.
Gaslighting boomer.
I’ve been following btc since it was $1 and I foolishly listened to boomers like him.
Kiss my ass.
I personally dont like the idea of digital currency, at all. anything can be hacked if your determined to do it, and if you have the money, hacking services can be bought. so its the elites digital playground from that fact alone. physical tender, with honest monetary values, is the only way. bring back the gold standard and we might have a chance again.
I like gold, but no one has cracked sha-256 yet and it is unlikely without a major breakthrough in computing power. If you keep your crypto on exchanges, yes those can and have been hacked. If you keep your private key in a paper wallet, those are nearly impossible to hack without using a wrench to beat the owner up with to gain access to it, but people can do that with gold too. Stored properly crypto is about as secure as keeping gold in a safe.
Devil's Advocate Mode:
What if they have but haven't told you yet?
What if I told you, that your hard drive has a backdoor built into it?
Or, you could read about it for yourself. Start Search: Backdoor hard drive Kaspersky.
With Bitcoin all possible attack vectors are common knowledge, anyone could try at any time. The reason nobody has succeeded yet is because it would be too expensive or to hard to hide such operation which would have to take place in a centralized location where it's vulnerable.
Secure encryption is open source and well tested, the only way to break it is through brute force.
Digital vs physical is not in any way relevant. The real threat is centralization as in who controls the money/medium of exchange/currency. For instance:
Does that apply to ballots as well?
From the control aspect yes. Reject proprietary digital system, accept open source systems. Tho in a voting system people are still too ignorant to bother with verification so paper becomes safer because it's easier to understand for the average Joe, at least in theory.
That said, there's plenty of ways to cheat with paper too, complexity, drop boxes, mules, cover up the windows and kick out the observers are just a few examples.
Even open source will have issues. Machines work in levels from components through drivers and operating systems to apps and databases. We have seen how Supermicro had some Chinese-made motherboards "infected" with rogue bugs. Some of us will remember how Intel had a bug in their Pentium processors.
Even if the software you know about is open source it is difficult to prove that that is the code that actually ran. Although paper systems have issues adding something else on top just increases the opportunity for cheating.
All that is before you add the situation where users can insert USB sticks into the machines. Extra code could be written into hidden sectors, for instance.
Then there is the possibility of invisible wireless links like wifi or Bluetooth.
Here is a voting machine demo
What percentage of our money is in paper? Very little.
We can’t have a digital economy and physical money. It seems like a conundrum. It had to happen. Flynn has a tweet from 2015 saying btc is digital gold, it was inevitable. I’m very well aware of your concerns. But the NWO is complete, either we decentralize and remove the deep state, fix the elections so the people control this tech, or we get the Klaus reset. The Fed is collapsing. We will be digital.
Bet you he doesn't either
Link doesn't open.
I will sleep just fine. Haha.
meh
Takeaway. they want you to sell your bitcoin. I wonder why?
If bit coin is so great, why do it's creators hide like snakes under a rock from the public?
That says all anyone needs to know about that shit.
Doesn't he think it's Puitn?
Yes it is suspected it was started by Russia and then supported by China as a way to undermine the IMF and World Bank.
That guy has some interesting videos and I like some of his stuff but most of it boils down to grind hard as hell and you will be successful if you take risks and don't make excuses.
I think few people know who is behind bitcoin and I have always felt there is at least a 50% chance that some sort of government entity helped its creation. If he knew he would have put tons into it.
My grand conspiracy is that it was all gov all along and it is the way to finally make people accept digital currency but that theory takes awhile to explain and has some loopholes. Crash of markets leads to distrust of all traditional assets and gives credibility to "insightful and genius "decentralized" crypto platforms" which have now minted thousandd of millionaires by the time the consolidation is done and now everyone who suddenly hated the idea of a digital only currency built the crypto digital cage they will be trapped inside of. Then they put it on some type of ID and boom 💥 the mark is upon us. It's a theory.
Bitcoin is a huge energy consumer; so I would guess the energy Oligarchy is behind it.
Based on a random kids estimation which is based on linear growth for mining. Which is not the case. Even your smart fridge or smart toilet could without trouble verify 1MB of data every 10 minutes, heck even up to 1GB which would be Bitcoin with bigger blocks with support for the same amount of transactions per second as Visa and Mastercard combined.
The only problem is, how can we all trust your toilet? I'd rather trust a couple of old PC's I've setup myself in my own garage while getting paid for it, and I'd bet you and everyone else would do that too.
Not to mention that when people bring up this argument that they leave out comparing apples to apples. What is Bitcoin's goal? Sovereign money for the world. If people keep on treating it as a numbers go up commodity of course it's kind of waste energy wise.
What is Bitcoin's goal? How much energy does the legacy financial market take? I'm willing to bet that the legacy system consumes many more times of energy than Bitcoin.
The legacy system has one digital aspect of it, which is the SQL databases running on centralized servers. That may be the only energy efficient system. But compared to Bitcoin where transactions are processed by the nodes, which is literally the clients own devices already here the legacy system loses the energy war.
Then add to the legacy system bank office buildings with lot's of employees who's only job is to surveil and correct stuff that goes wrong because of bugs in the system. This is the alternative to mining, central verification by humans. Heating and cooling of large buildings allover the world is a massive energy consumer, add to that the fact that these offices needs prime real estate in bigger cities where energy is scarce and typically not from cheap clean sources like dams where most of the power for Bitcoin mining comes from.
Cash is part of the legacy financial system, it's not "paper money" as some muppets seems to think, it's literally just worthless paper. A fronted for the banks digital systems with no validation or verification of any kind. Easy to counterfeit, vulnerable to inflation. Requires heavy armored trucks to move around and large vaults to store as people would steal it otherwise. ATM's to withdraw and so on.
Then in the end, despite being digital it's still too slow, you can't wait days in the grocery store to make a payment, and the grocery store certainly wouldn't trust you to actually have the money you say you have. This means invoicing where some third party needs to store a shitload of personal information about you just so that debt collectors can find you if you try to evade paying. Bitcoin only takes 10 minutes to verify, on chain transactions. Most other cryptocurrencies are faster, then there's off chain payment solutions already which is instant and trust less which allows you to pay anonymously.
The legacy system uses third party card providers, who also needs to know a shitload of personal information about you, this is so that they can vouch for you in the store, despite not knowing for sure if you actually have the money. Because of that everyone has to pay insane fees, which covers their insurance against scammers and cheaters.
And despite credit cards, they too are way to slow which is why practically all public transit refuse to accept it, buses trains, metro, rental scooters anything with wheels you share has their own payment system where you top up in advance. Cinemas, the tivoli, museums, the circus and many other places uses tickets you buy in advance. These systems are often powered by diesel generators.
And people think it's a conspiracy that banks are looking to replace their crappy back end with blockchain technology before going cashless, a move that would make perfect sense, and the only threat about that really is the fact that banks suddenly gets cheaper and more convenient to use so that stupid people keep using them.
Ray Dalio is a NWO cuck
No electricity no Bitcoin. It’s that simple.