If they hold for 2 years, probably less, they'll get into profit. Are they saying only white people have the willpower for delayed gratification and ability not to sell at a loss?
Yes bingo, you've identified the racist assumption underpinning the headline's racist claim against crypto.
And why do they assume that? (Besides their desperate attempts to defend centralized control based devalued shitcoins AKA USD fiat). It's also because they are assuming the same tired Malthusian worldview shared by the technocrats and elites and Davos crowd... that the human masses are fundamentally passion-driven consumers without vision, which to them especially holds true for minority groups. So there is no economic outlook in their calculus that honors basic human dignity and ethical codes across all ethnic and social groups.
So yes, therefore debt slavery backed by failing fiat currency is superior to buying Bitcoin which maintains value across space and time like no other form of money, backed by real world energy with proof of work and incorruptible/unmanipulatable transactions and ledgers. Got it.
There is a reason they are demonizing proof of work using any tactic they can, the biggest one being, "proof of work is causing global warming!"
Proof of work is literally hack proof, outside of an incredibly unrealistic 51% hack. The deep state and big banks can't control it in it's current form. They can't add any more than the already existing 21,000,000. This frustrates them. This infuriates them. they have never not been in full control of a money supply.
So they'll continue saying it causes global warming. They'll continue saying it's racist. This is literally their only game plan for anything and everything they hate. It's racist and/or it causes global warming. Gotta hand it to them, they are consistent.
If they hold for 2 years, probably less, they'll get into profit. Are they saying only white people have the willpower for delayed gratification and ability not to sell at a loss?
Yes bingo, you've identified the racist assumption underpinning the headline's racist claim against crypto.
And why do they assume that? (Besides their desperate attempts to defend centralized control based devalued shitcoins AKA USD fiat). It's also because they are assuming the same tired Malthusian worldview shared by the technocrats and elites and Davos crowd... that the human masses are fundamentally passion-driven consumers without vision, which to them especially holds true for minority groups. So there is no economic outlook in their calculus that honors basic human dignity and ethical codes across all ethnic and social groups.
So yes, therefore debt slavery backed by failing fiat currency is superior to buying Bitcoin which maintains value across space and time like no other form of money, backed by real world energy with proof of work and incorruptible/unmanipulatable transactions and ledgers. Got it.
There is a reason they are demonizing proof of work using any tactic they can, the biggest one being, "proof of work is causing global warming!"
Proof of work is literally hack proof, outside of an incredibly unrealistic 51% hack. The deep state and big banks can't control it in it's current form. They can't add any more than the already existing 21,000,000. This frustrates them. This infuriates them. they have never not been in full control of a money supply.
So they'll continue saying it causes global warming. They'll continue saying it's racist. This is literally their only game plan for anything and everything they hate. It's racist and/or it causes global warming. Gotta hand it to them, they are consistent.