THE BITCOIN SCAM
(exploringrealhistory.blogspot.com)
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Article is complete bunk and written by someone who has no idea what Bitcoin actually is.
First, anonymizing yourself online will ALWAYS be a pain in the ass, and it will ALWAYS be more convenient not to.
Second, "Over 95% of all Bitcoins in circulation are owned by about 4% of the market. In fact, 1% of the addresses control half the entire market." Citation needed. This site debunks those claims as the biggest wallet holder has no more than 1% of all Bitcoin. https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html
This site shows the founder, Satoshi Nakamoto, holds a little over 1 million BTC, which is 1/12th of the total available supply of bitcoin (8.3%)
Winklevoss shows they own 70,000 BTC, which is less than 0.6% of the total supply of Bitcoin.
https://river.com/learn/who-owns-the-most-bitcoin/#:~:text=The%20five%20addresses%20with%20the,not%20holding%20their%20own%20keys.
Third, the decentralized nature of Bitcoin means no one can control the algorithm. It has a fixed supply that can be mined. Once it is completed, no one can artificially create more Bitcoin. Even if some rich billionaires own Bitcoin, it's fallacious to call it a scam. Would you call Gold and Silver a scam if George Soros owns $1 billion in his vault?
The entire article is bs and provides no factual arguments supporting its "scam" theory. I could dig further and waste more time, but I don't feel like wasting any more time debunking this crap article.
whats your point?
Re-read my post.
I did. What are you tryna say?
Yeah, you really should read it again. What he's trying to enlighten you on is that the article is written by someone who hasn't a clue of what they are saying and are just amplifying the usual bankster myths abut bitcoin because it is the one thing that [THEY] truly fear.
If you don't know what I'm saying then you clearly didn't read.
I think I get what you are saying... kinda. What I didn't read in it's entirety was the original article. I get that you consider the article BS. All of it? What are your thoughts on darpa/inte/ spooks/juice connections?
I don't see enough verifiable evidence to support that claim. Not even in the article.
I usually only lurk here to see how things are moving along.
Sometimes I feel I have to log in to comment on something to help enlighten, but very rarely......
and almost always when it comes to the awfully embarrassing situation of seeing otherwise well informed anons who do their homework simply repeating or amplifying very old bankster created myths about Bitcoin - cringingly exposing that they have done zero homework and understand it not at all.
It is a sad state of affairs, much akin to trying to convince the 'fine people on both sides' crowd to simply dig a tad bit deeper before blindly carrying water for the LFL (Lying Fucking Liars).
Folks, Bitcoin is the primary weapon that we have to unseat the bankster scum from [their] sef appointed thrones, and NO it is NOT some sort of diGitAL aSseT that gets bought/sold/valued in terms of [their] fiat currency..... i could go on, But rather I would urge you to simply do your own research and learn to understand what Bitcoin is... the technology... how it functions.
Once you understand how it works, you will realize that all of these outdated 2014 era narratives you see popping up are based on beliefs that were put into you and that they are simply BELIEFS, there is no thing else behind them.
Don't trust.... verify.
Start by watching Andreas Antonopoulos videos explaining the technology itself, from there you will learn to understand the thing directly and how to directly observe and know the thing without ANY third party narrator (including Andreas).
But for now..... please refrain from amplifying false words coming from a place of zero knowledge.
It is seriously embarrassing and discredits the whole community.
I stopped jumping in because of much of what you said. The Great Awakening has a lot in common with Bitcoiners, not crypto, but Bitcoiners specifically. Financial sovereignty is valued and bitcoiners whether they know it or not are very much in line with the Q movement, they are tired of getting screwed by cronies who control the market and the greater economy. They see it, they have felt and experience it and are acting for their best interest to gtfo of the fiat system in the best way they know how.
the comments always devolve into (my investment is better) your (investment is shit). however the same goal of trying to diversify and salvage what you can from a sinking fiat ship, is common in both participants. it always turns to mud slinging vs uniting under a common theme.
Fuck the fed, fuck taxes and fuck the fiat banking system.
For anyone interested, how BTC works, nuts and bolts not price fluctuations: https://youtu.be/bBC-nXj3Ng4
For a community so into research, the topic of btc is just something some people will not touch and instead allow msm to educate them, is msm in the business of printing facts accurately or are there interests pulling the strings pumping out fear uncertainty and doom (FUD)?
To me, assuming zero knowledge is called being dismissive. If there's an opinion that is grounded in even fuzzy logic and worth concerning, its at least SOME knowledge. Regardless, its not worth investing into for most people, nor at this point even feasible lol. The value of commodities supercedes its worth. Bitcoin is basically worthless to anyone who won't accept it, as is any commodity that is not backed by at least something that has physical stature and can be fluidly traded. The only reason why we still use dollars is because of a "legal" institution in power (the Fed), that if returned power to the Treasury and began to mint its own currency, you have a much stronger commodity of value than you ever would any digital coin or blockchain style deposit (unless its blackmail of course). And that's how you REALLY stick it to the banks. End their chief of operations, the Fed. Edited for clarity
I'm sorry, but you are talking apples because you have been taught to view the orange as an apple.
HINT: Try to uncover where you picked up this assumption, this belief that Bitcoin is some sort of commodity?
Was it from understanding the technology behind bitcoin, how cryptography works, what decentralized actually means, or was it from reading and understanding the white paper......????
Or was it possibly that you kinda just picked that up unconsciously because it is in the interest of blood thirsty bankers in having the normies unquestioningly BELIEVE that Bitcoin is some sort of mOdeRn coMmoDitY, a diGiTAl aSseT..... etc.
Until you understand that Bitcoin is NOT a commodity, it is NOT an iNveStmENt or a get quick rich scheme and that by it's very nature it is defining the standard of what 'decentralized' can be, you will simply be floundering around in the dark with false premises and assumptions guiding you into further useful idiot water carrying for the banksters.
It is really embarrassing.
Meanwhile, this very day YOU (yes YOU personally) will be enabling the banksters in quenching [their] thirst for our children's blood by using [their] permissioned centralized fiat currency - the bit in your mouth by which [they] control your every moment.
My hands are clean. I saw a way of existing in this world where I exit from [their] system non-violently and simply STOP enabling [them] with every single transaction I make.
Study up.
You are waaaay behind.
I don't have to do shit faggot. Why don't you fuck off somewhere else rather than being such a pig ass elitist with the assumptions you are making? This isn't r/bitcoin, sorry to inform you.
Oh and just so you know, I know all of that already. Did you just show up on the fucking internet? Lol. It made sense in the time of Ron Paul running in 2008 to discuss it, but you grifters are fucking intolerable lol. Cry while holding the bag shill. IDC if you invest in it, but you're not going to create an account on here just to literally talk back.
This right here is proof there is a shill brigade. You just necro'd a post over fucking feelings lol
"I point you to this admission by Natalya Kaspersky in January of this year.(2018) In a PowerPoint presentation at ITMP University in St. Petersburg, the co-founder of Russia-based cybersecurity firm Kaspersky Lab baldly stated:
Bitcoin is a project of American intelligence agencies, which was designed to provide quick funding for US, British and Canadian intelligence activities in different countries.
The technology is ‘privatised,’ just like the Internet, GPS and TOR. In fact, it is dollar 2.0. Its rate is controlled by the owners of exchanges. "
This is insightful information. I always had a hesitancy and a prescient uneasy feeling about Bitcoin along with other digital currency. The thing that always entered my head when I thought of reconsidering is -- It's Vaporware.
...I am waiting for the "pro bitcoin" aspirants to comment on the "CIA" aspect of this presentation....
...their seeming inability to coherently comment on this assertion, makes their diatribes against this article...
...glow....
...doggy winks...
Bro', I hear you loud and clear. And here I thought it was only my feeling. There are 'certain' topics that glow. If I dared list the ones I've noticed, I'd be marking myself for attacks. The Bitcoin topic doesn't surprise me. The many down-votes here are slicing away like stilettos drawn in a gang fight.
...the "Scouts" take all the arrows...
...this is a wonderful example of Ad hominem....
You can always trust the opinions of a guy named Booby.
In addition to his opinions, Booby supplies plenty of sauce, so there's that. A lot of what he says is clearly true.
If a person believes opinions are facts then that is truth to them.