Bitcoin is not "digital gold." Gold has real value. It is used for technology (all computers have some gold in them e.g.) and jewelry, along with a thousand other real uses. It has been used for Jewelry for tens of thousands of years, because it is Real, and pretty, and has unique physical properties (thermal, electrical, lustre, color, resistance to degradation, etc.).
Bitcoin is used for exactly nothing except as an intermediary of exchange for barter, exactly the same as the Federal Reserve note. It has never been used for anything else, and it can't ever be used for anything else. It has zero value. Not one iota of value.
Gold has value regardless of if it is used as a currency. Bitcoin has exactly and precisely zero value outside of that usage. It can't survive in any world where any currency with actual value exists.
This is not me promoting gold as a good medium of exchange for barter. On the contrary, I think that is not the best path. This is me calling bullshit to "bitcoin is digital gold" propaganda that has nothing to do with reality and purposefully ignores all of the evidence and arguments against it for the sake of protecting the mind with how much people have invested in something completely without any actual value.
I wholeheartedly agree with your comment except for one tiny little point.
Bitcoin has exactly and precisely zero value outside of that usage. It can't survive in any world where any currency with actual value exists.
I can think of exactly 1 good, mayhaps excellent use for Bitcoin or some other similar project, that being international trade and settlement, in place of something like SWIFT. Given that the nature of settling in gold requires that all parties involved in transporting have to be some degree of trustworthy, the nature of BTC's technology requiring very little trust to operate for both parties might be very attractive.
The technology behind digital currency, or NFTs, etc. can be used for all sorts of cool stuff, but that doesn't give it value because it takes nothing to make it do that work. Besides, other similar techs are better suited than bitcoin for all those projects, and again, they take very nearly zero resources to make it happen.
My point is would be that some BTC-like currency might be a good middleman for settle things in. You would only be using it as a stop between 2 differing currencies, and likely wouldn't have much exposure beyond the time it would take to swap back out.
Think like how companies might end up swapping from CAD to USD, and then from USD to Euros to pay their European supplier from their Canandian business' profits. It matters less that the USD has real value, and more that everyone involved is ok with USD, it's quick to liquidate once done, and is relatively quick to settle.
Bitcoin might not be the best for the job, but it certainly checks off a lot of the boxes.
I completely agree with you and I understand your point. My point was that this "use" doesn't give it value, because the resources don't actually get used up on the transaction. It is a potentially useful bookkeeping tool.
I say that because the use you suggest, and other uses for the technology are often suggested as "intrinsic value," justifying investment. Such uses DO give it value, but the value is so small it is effectively zero and will never increase.
I didn't think that you were suggesting that it would give them value as an investment. I was merely commenting on the fact that these uses don't do so, because so many people (who are invested in it) are confused about that.
The Bitcoin network is a permissionless digital bank. When you exchange your fiat for sats everyone on the network acknowledges that those are your sats. Banks cannot create more sats to dilute yours. Through mining there will be about 10% inflation over the next 100 years, compared to the fed inflation target of 2%/year.
Scarcity = value, and in any world where things are so bad we've fallen back to a materials physical properties to exclusively assign value, we'll have problems way worse than BTC losing worth. As long as civilization and the internet stands, BTC will always be considered to have value as only a limited supply exists, and people want in on that, regardless of any reductionist points that illustrate it's vulnerabilities.
None of the gold bars sitting in vaults are getting melted down to make electronics and jewelry. It's a method of storing value based on a multitude of human nature factors, as is BTC. Both have limited supply and attrition - industrial usage for gold, and permanent loss of wallets for BTC. It's a lot more complex than 'haha imaginary numbers, how stupid'.
The concept of 'actual value' being zero is correct, but to get to that point so many things need to utterly collapse, it's a meaningless point to make in the context of a society that will realistically continue on for the moment. That may well change, but until then it's ridiculous to write it off.
Oil is fundamentally worthless beyond a certain point of collapse if we forget how to make combustion engines and plastics. Uranium is worthless if we lose nuclear technology.
Gold just happens to be one of the lowest levels of collapse proof, because as you rightly pointed out it's shiny and pretty to look at. All the other uses came much, much later. Status symbol was first.
BTC is exclusive and pretty to look at on a screen, so as long as screens are here, that desire will remain and there's nothing you can do about it. To deny this fact is to deny human nature, and the foundational attraction to gold.
In order to understand why people who are "experts" do what they do, or why they might act contrary to the truth for the purposes of social manipulation, you need to understand that controlled opposition is everywhere.
I don’t have any problem with gold. I love gold. I’m just pointing out one reason why BTC is amazing. It’s also easier to secure your Bitcoin keys than a stack of physical gold. However it’s easier to loose your keys or seed phrase than physical gold. Both have pros and cons.
You obviously don’t have a strong grasp of how the BTC network and protocol operates. You don’t need third party crypto exchanges. You can establish your own node and send / receive party to party.
Not if you can't secure it anywhere. Atomic Wallet had a giant hack over the weekend. It's barely even talked about right now. 35 million stolen and probably ongoing. Thats a wallet with a 12 word passphrase and password.
Lmao, you’re just further demonstrating your lack of understanding.
The fact that you think I’m unaware of the issues, or that there isn’t a ton of nuance to these specific issues, AND you believe google is a reliable source of unfiltered / unbiased search results is further evidence.
Would you like me to break each of these issues down for you? I think you’d really benefit from learning more.
Lastly, you need to realize that BTC is not the same as the vast majority of cryptos. I’m not proselytizing crypto. I’m saying that BTC is digital gold and has some tremendous advantages over physical gold.
Type in the phrase "how much crypto was stolen in 2023".
Don't be a retard and get scammed and/or have poor security practices
Next type the phrase "how much crypto was lost due to forgotten keys".
Don't be a retard and forgot your keys
Next type the phrase "how much lost due to crypto crash".
Don't be a retard and expect your money to be safe in a volatile, new, and unsettled market.
Next type the phrase "how much crypto lost due to rogue exchange".
Not your keys, not your crypto. i.e. don't be a retard and give the keys to the kingdom to some company that doesn't give two shits about you. This is one big benefit with crypto. Keeping your own keys in your control is infinitely easier than storing dozens of tons of Gold. Most people can't do that and would need to trust someone else. With crypto, you just have to trust yourself to not be a retard.
Why is everyone proselytizing crypto completely oblivious to the risks?
The ignorance of the anti-crypto crowd is astounding. All these supposed issues are in reality complete non-issues. The problem isn't the people "proselytizing" (lol) crypto, it's you and your understanding of it.
So delusional. Literally no one is doing this. Stop blowing smoke and find something worthwhile to post about.
As for your understanding, it is about the same as all the people who got scammed and lost their money. i.e. they didn't understand it nor understand how to protect themselves and neither do you.
Edit: And as a little clarification to put your dumb little narrative and claim to death: I have purchased preciously 0 crypto in my life and have like 13 dollars in free tokens I have earned over 2 years. Congrats, you played yourself (you also really sound way more religious over crypto than anyone else here).
This was a discussion over ideals, with the implication that the cabal is dead and gone.
Convenient how you instantly turn it into a here and now discussion when it suits your narrative. People love doing that, I notice. Left, right, everyone. Any time anyone attempts to discuss an ideal, someone has to barge in with their doomer dogshit about how "REEEE THATS BAD BECAUSE GOOBERMINT EVIL!!!". That then becomes their response to just about everything that is said going forward. No actual solutions or arguments, just outright dismissal based on the way things are now, rather than how they will or should be if we're truly moving forward and improving.
Also, no one ever said anything about the goobermint taking their gold, nor is that even the original guy that you just responded to in your fervent rage over "crypto bad".
Take the loss and move on, fren, you've lost this one 10 times over.
For all you or anyone else in the public sector knows, the crypto market took off because the cabal sees the writing on the wall and dumped hundreds of billions of worthless paper they created out of thin air into crypto as an untouchable currency reserve in case Q/Trump confiscate their bank accounts.
Sure, and the cabal also likely created the internet for nefarious purposes, not expect us peons to destroy them with their own weapon. That would be a recurring theme if we did the same with crypto.
You're preaching crypto on a Q board with an unhinged bias and completely oblivious to its downsides.
Wrong. Didn't happen. You can't show that it happened. You can't even show me saying I think crypto is good because I didn't. What you can find is me calling your argument that crypto is bad because people get scammed garbage.
I don't know if it was you at this point, but this whole sub-thread started with some complete moron saying crypto was better than gold.
The sub-thread did not start with someone calling crypto better than gold. One person said that elsewhere in the thread, and you didn't reply to them. What you instead did was insert a meaning into what was said that wasn't present, and then argued your straw man.
That remains the problem here. You refuse to argue anything other than your straw man.
Pointing out the obvious flaws in crypto isn't "doomer" any more than telling someone not to risk their life savings on the stock market is "doomer".
No, responding to a discussion about ideals with a response about the current situation, in such a way as to dismiss the persons argument over the ideal situation, is. It's pretty much "yea, that's a good idea, but it won't work because [insert current issue that is assumed to not exist in the hypothetical ideal scenario]".
You'll never win any argument when you completely disregard counter points.
This is exclusively what you have done in response to everything I have said. But winning arguments is overrated anyway. I'd much rather be correct than win an argument online.
Nothing you are saying has any semblance of relevance to this discussion. You have made no counterpoints. The only counterpoints made were when I pointed out that being stupid and getting scammed is not the fault of crypto.
You don't even address the glaring pitfalls of crypto. Your head is buried in the sand. Neither you nor anyone else preaching crypto has even touched the premise of the thread, the concern that crypto market is about to be "heavily shaken" with 3rd party apps being banned from reddit and Binance being sued.
And you refuse to acknowledge any good that it has. You are quite literally guilty of everything you accuse the "crypto preachers" of. Your head is buried so deep in the sand that I'm surprised you can project so well from down there.
And there has been some discussion in the thread talking about the original topic and why the Reddit shit may or may not cause issues with crypto. Maybe not as much as there should be, but it is there. That you haven't found it doesn't help your case.
I believe the real gold backed BRICS will kill the fed. The USA is 36 trillion in debt, That's alot of gold. about 1,440,000 metric tons, by my math. Where is the country that's already 36 trillion upside down going to find that much gold? Face it, USA is bankrupt and trying to borrow more.
We are not going to pay off the national debt. The Fed loaded that debt onto the US through treasonous actions, and they will be told to stick that debt where the shine don't shine. I think the reason China was dumping their US bonds was they know this is coming.
$3.9T is in T-Bills. $4.0T is in T-Bonds. $13.7T is in T-Notes. That's $21.6T in public debt.
That's alot of gold.
None of those securities pay out in gold when they mature.
Where is the country that's already 36 trillion upside down going to find that much gold?
It's not that far upside down. Debt vs GDP is 120%. So, it's only very vaguely about $6T in the red, so far.
Face it, USA is bankrupt and trying to borrow more.
I think this is a cynical view, and one they would like you to have... their agenda relies on austerity, after all. This is just the same old wealth transfer in a new package.
That's just an extrapolation from past figures. It ignores much of the reality, like how many citizens owns those bonds? Why is medicare so expensive vs what it returns? What happens if we give out less bonds and notes at auctions? What happens if we increase business taxes?
Point is.. saying 36 trillion in debt, unqualified, and then suggesting that this amount is entirely a deficit ignores the truth of how this monster is constructed and how easily it is dismantled.
Yes.. and I can divide one number by another perfectly fine as well, which is all this is doing. Again, what I'm trying to convey is most of the "debt" is interest on already purchased securities, so this is an inappropriate way to tally this figure, and there are thousands of other variables that can change which would reduce that figure to 0.
It's got lots of flashing numbers and glitz. Does that really seem like the best tool for conveying facts and suggesting a future? Or is it just a giant gloomy machine you can use to justify your completely negative and somewhat misinformed prognostications on the future of America?
Not personal.. I just happen to really like this country. I get defensive. We've got a bright future if we can just get rid of the people actively trying to destroy it.
Which is essentially the same thing as what BRICS is trying to accomplish.
Crypto exchanges are operating under gov't purview. Once people realize that the govt is the real problem, they can have the option to go outside of gov't control.
DEX's are a solution for this.
I got out of USD a long time ago. Crypto's fall is a real concern for me, but everything is going to fall. I have more faith in crypto than USD. Have some gold and silver, but not nearly as much as crypto because of the carrying and transfer power of crypto.
It is a solution. Gov'ts going after it is the indication that it is an absolute threat to their central bank thievery. Good. Fuck them.
Either we get scared because the market is going to take a hit, or get some balls and stay firm that we will not use a CBDC no matter what. The people decide what will be used. Don't fall for the scare tactic. Diamond hands no matter what. I am not participating in any currency that is controlled by the central banks. If I have to eat out of a garbage can, so be it. Fuck these assholes.
Gold 1.0 was taken off as backing to the dollar to get us into this mess. Gold would have kept us out of this mess if it had been left as the backing for the dollar. That was an intentional act. Bitcoin is backed by the same nothing as the Federal Reserve Note is today.
So in other words, Gold 1.0 would have kept us out of this mess if the government and banks had just acted honorably and preserved the gold standard that was keeping them from getting filthy rich via printing fedbucks.
That is the problem with the gold standard. It requires you to trust governments and banks to act honestly. The fact that the gold standard is a trust-based system is the reason it has failed and given way to a fiat ponzi scheme every time it has been tried in human history.
Bitcoin eliminates the need for trust in the monetary system. And in the long run, it eliminates the need for governments to issue money, or banks to custody it.
Bitcoin is backed by mathematics and code. It is a set of laws that does not require government to enforce. And it is further backed by the astronomical amount of energy consumed to keep it that way, currently twice the annual power consumption of the US Navy and climbing.
"So in other words, Gold 1.0 would have kept us out of this mess if the government and banks had just acted honorably and preserved the gold standard that was keeping them from getting filthy rich via printing fedbucks."
Lol no? People were fuck all retarded and let FDR walk all over them with illegal and treasonous EOs, and banker pals that all printed the USD to high heaven. You seem to have it in your head that the gold standard is a 1 way street, where it goes Gold ---> USD, but that simply is just "They have gold, you have debt notes". A Gold standard necessitates the 2 way street between the backing and the currency, because that's how you keep that in check. If US-stamped Gold is as good as cash, and can be freely exchanged between notes and coins, you can simply minimize risk via holding coins versus your plainly simplistic view that a X standard is purely custodial in nature, which is flatly untrue.
They let FDR walk over them, yes. They should have shot back, but the hard fact is that they did not. And even if they did, the government would have come back with bigger guns. Bitcoin cannot be confiscated because it is just code. Its intangibility is a feature, not a bug.
And what happens when the government or banks simply decide that the paper can no longer be redeemed for gold? As was the case when Nixon ended the gold standard by EO? And as was the case with every fiat scam that has been run in history. You can add all the laws and safeguards and oversight you want, the fact is that governments and banks will always find a way to print over the gold, and people will always fall for it.
Governments and banks have proven over and over, over the course of millennia, that they cannot be trusted to administer a system of money in a competent manner, let alone an honest and impartial one. The whole of history, but especially the nightmare of the past century, proves that they need to be removed from the equation of money entirely. Bitcoin accomplishes this.
The backed by nothing of bitcoin is a play that shouldn't be accepted.
Everything is worth what someone will pay for it. That is the same thing with gold and silver. Someone will pay for it.
Bitcoin has already hit mass adoption. I don't think it can be eliminated anymore. It could've been in the beginning, but once people started using it in the millions, it is unstoppable.
The only concern is if the internet goes down. That threat is the same for everything.
We don't know what will happen. I root for decentralized currencies, thus, heavily in them. They are coming for everything. Food, money, health, everything.
The best people are the ones who are self sufficient. Now do you understand why those "prepper" shows were made to make them look like lunatics?
Looks like they're the ones who will make it out. Jesus wins. That's all I have.
Bitcoin BTC has been destroyed from the inside with shitty coding (code is law) and features. Read the whitepaper and look at BTC functionality changes since 2014/2015.
So I can go to the issuing miner and ask for the X kilo/mega/gigajoules of energy used to mine the block back and be able to use that energy as I please? Whereas before FDR used unconstitutional methods to ban gold ownership, I could do that with USD to get gold.
Crypto has a great deal of utility for people as a means of moving money around in a way that cannot be stopped by banks or governments so I don't think that it will disappear, it just might not be used for speculation. That might actually stabilise it a bit.
No one has “ruled” anything. We have no regulational clarity on any of these coins. Thats part of the problem. They are unique assets that fit the definition of neither commodities or securities perfectly. The SEC throws around accusation of coins being securities wildly. But its certainly interesting they've stopped doing so with ETH all the sudden. Thats because they know who is using ETH. And they know they will lose the XRP case.
Crypto can do so much more than simply act as a currency. The real value of crypto is in its utility as a means of Data and Information Sovereignty. 99% of the crypto market is unlikely to survive in the long run. Only those with real tangible and needed utility will be sustainable and valuable into the long distant future.
Many only see crypto in a one dimensional frame of mind, and they see its success or failure only based upon its utility as a currency. As a means for the transparent and secure transaction of data and information, crypto is unmatched. I firmly believe that the entire stock market is going to be tokenized on a blockchain in the aftermath of the Fall of the Cabal and Fed.
The GameStop saga has taught us that our markets are rigged like private casinos, and the house has been set up to win every time. A Decentralized Crypto Clearing House, and Decentralized Crypto Exchange, together with Decentralized Apps to function with these systems would place the power firmly back with the people (power to the player).
One of the most exciting elements of crypto tech that is rarely discussed is the creation of smart contracts for the transfer of data and information. Imagine being able to create something, be it music, writing, video, graphics, etc, and then enclosing that creation in a smart contract that could securely and fairly transact with anyone who wishes to interact with that creation. This technology has the capacity to usher in a golden age of creativity and prosperity for imaginative creators.
I like how you are thinking here. Tie hard securities to a crypto token. You can't sell it more than once. Fine art, unique antiquities, high end luxury goods. Tie a crypto coin to it and forgeries cease being able to fool anyone that can verify a token. Crypto coins can be used as a verification tool, not just as a means of exchange. They can be used as a rock solid contract vehicle. Crypto coins are far more useful than a singular dimension. Currency, they are flexible and can be used anywhere that assurance is needed. Do I want them for a singular form of exchange? Absolutely not. I like physical assets. If I am not holding it, it isn't really mine. The old addage that possession being 9/10ths of ownership is still true.
I've been keeping an eye on this project for the past couple of years. Their goal is to sever the vampiric syphoning of data and information by the mega-tech companies, and give the power of Data Sovereignty back to the people. Folks don't realize just how valuable their digital information and data are. This information is what is used in the 5th Generation War to control and manipulate the masses. If the levers of this information are returned back to the people, a massive blow will have been delt against the Deep State and Cabal.
Yeah I've heard that market of our data is more valuable than oil market... It's sick. Selling our data just like that should not be allowed, especially after AI / ChatGPT models got so powerful.
The way that I've heard it described, our digital clone that is comprised of all of our information has the same value as an oil derrick. At the moment, the value of that information is syphoned to the tech companies to do with what they please. If Data Sovereignty is given back to We the People, it will be the tech companies that will have to pay We the People for the privilege of utilizing that data and information.
In short, the tables will reverse and the dynamic will change completely. We see what is going on with Anheuser Busch, Target, and other companies with the application of buying power by the people. Imagine what power consumers will have when their data is no longer free to use and abuse by the tech companies. We will finally have the leverage to end woke culture online once and for all.
The ultimate IP is the human mind, body and spirit. It’s a priceless commodity that should belong to you and God only.
My only concern is that this all seems to lead us towards some type of digital ID, and I fear that in order to reclaim ownership over your data and digital footprint, you’ll be required to accept is essentially the mark of the beast.
Watch some of Michael Saylor's videos. He is promoting the idea of using a Bitcoin linked digital identity to counteract the proliferation of bot and other fake personalities that exist for propaganda or scams. I think Microstrategy holds more btc than any other corporation and don't doubt they are working on this.
Our voting systems should utilize blockchain. A vote token instead of a monetary token. All legal voters receive (1) valid token per eligible vote. It would be easy to verify the token once it’s redeemed. Easy peazy.
I didn’t. Thank you. Just read it. Doesn’t surprise me. USPS is complicit though. Should be a new patent with blockchain and maybe a local utility company. Most every taxed citizen pays a Utility bill. Each utility account has an associated token on paper. Show up in person to vote with your token. If on WIC, or SNAP, the token is associated with your account. If you cannot vote in person, we come to you to redeem your token.
USPS still delivers the token… lol
Or, something like that. Just thinking. There has to be a better way. I sent @elonmusk a message. Waiting to hear back from him. Should be any minute now. Lol
The actual Reddit app sucks and makes using the site awkward.
Worse, Reddit is likely going to be removing a lot of bots, and this includes auto moderation bots. They are also going to be hiding all NSFW posts on the official app. This will make it much more difficult for Reddit’s mods to remove dangerous posts.
One of the mods of the Videos sub specifically said that it will allow child sex slavery rings to stay up on the site, as well as scammers and porn bots.
Best reason in the world to stick with hard assets.
In the final analysis, money that's comprised of electronic signals isn't real; and people who understand it better will see to it you end up with nothing.
Internet taken down + crypto=no crypto vs internet taken down+gold/silver in personal safe along with numerous other tradable goods=gold/silver in personal safe along with numerous other tradable goods.
Math is easy frens.
Communication lines will eventually be severed to usher in a more restricted and controlled internet 2.0 and there's no guarantees your crypto wallet address will still exist or be allowed to. If you can't touch it it's not a real asset and the rug pull will come.
This comes down to how bad things get when they crash. Does 10 days of darnkess mean power and utilities too? Then we would truly understand. Crypto loses a lot of its shine when you can’t even charge your phone.
When the day comes that the average person loses confidence in the system, I doubt they will go running to cyberspace for their assets.
Just shut the power off for say....I dunno, 10 days. Then see what your precious crypto is really worth. Nothing. Better start stacking cold hard PM because nobody is going to want crypto if the shtf and there's no power. Yes, it's good to hold some... but also hold tangibles.
gold will destroy the fed.
and imho gold will destroy crypto, at least crypto as we know it.
imo, we will end up with a Gold backed Crypto, for use in the stock market, and for international trading,
and gold backed dollars, that will remove our fiat dollars (via currency revaluation)( the opposite of currency debasement)
the USA should not be held accountable for 36+ TRILLION debt. The fiat system was corrupt, never fully passed through government & the interest is impossible to pay off. the central banks were designed to usurp every country they've been implemented in. its' thievery.
gold & silver only, as mentioned in the Constitution & start "new". you cannot owe debt on something that doesn't exist. fvck the central banks, fvck the Federal Reserve & its collection agency known as the IRS.
I think this is being engineered along side the coming fiat currency collapse so the Fed can usher in Fed Now and [their] CBDC with little to no viable competition. God forbid there be competition in the currency market.
Reddit by far most popular for crypto? Try twitter.. no big names use reddit.. all big names use twitter for crypto..
You are trusting the SEC ?
Nice of you to warn people, but to me it’s just a buy oppurtunity.. end result of bitcoin will be the same, people who know about it know where it’s goin
Just wanted to mention the WEF crypto guide which shows all the coins that have ISO 20022 compatibility which is the international bank digital messaging standardization that all the banks have switched to.
The cryptos are mentioned on PAGE MOTHERFUCKING 17.
I am fairly sure a real US Dollar backed by gold will kill the Fed, and that is going to happen.
I believe it will also kill crypto.
Bitcoin is digital gold.
Try travelling internationally with $100k worth of gold, or gold backed USD. Bitcoin will always have its place.
Bitcoin is not "digital gold." Gold has real value. It is used for technology (all computers have some gold in them e.g.) and jewelry, along with a thousand other real uses. It has been used for Jewelry for tens of thousands of years, because it is Real, and pretty, and has unique physical properties (thermal, electrical, lustre, color, resistance to degradation, etc.).
Bitcoin is used for exactly nothing except as an intermediary of exchange for barter, exactly the same as the Federal Reserve note. It has never been used for anything else, and it can't ever be used for anything else. It has zero value. Not one iota of value.
Gold has value regardless of if it is used as a currency. Bitcoin has exactly and precisely zero value outside of that usage. It can't survive in any world where any currency with actual value exists.
This is not me promoting gold as a good medium of exchange for barter. On the contrary, I think that is not the best path. This is me calling bullshit to "bitcoin is digital gold" propaganda that has nothing to do with reality and purposefully ignores all of the evidence and arguments against it for the sake of protecting the mind with how much people have invested in something completely without any actual value.
I wholeheartedly agree with your comment except for one tiny little point.
I can think of exactly 1 good, mayhaps excellent use for Bitcoin or some other similar project, that being international trade and settlement, in place of something like SWIFT. Given that the nature of settling in gold requires that all parties involved in transporting have to be some degree of trustworthy, the nature of BTC's technology requiring very little trust to operate for both parties might be very attractive.
The technology behind digital currency, or NFTs, etc. can be used for all sorts of cool stuff, but that doesn't give it value because it takes nothing to make it do that work. Besides, other similar techs are better suited than bitcoin for all those projects, and again, they take very nearly zero resources to make it happen.
My point is would be that some BTC-like currency might be a good middleman for settle things in. You would only be using it as a stop between 2 differing currencies, and likely wouldn't have much exposure beyond the time it would take to swap back out.
Think like how companies might end up swapping from CAD to USD, and then from USD to Euros to pay their European supplier from their Canandian business' profits. It matters less that the USD has real value, and more that everyone involved is ok with USD, it's quick to liquidate once done, and is relatively quick to settle.
Bitcoin might not be the best for the job, but it certainly checks off a lot of the boxes.
I completely agree with you and I understand your point. My point was that this "use" doesn't give it value, because the resources don't actually get used up on the transaction. It is a potentially useful bookkeeping tool.
I say that because the use you suggest, and other uses for the technology are often suggested as "intrinsic value," justifying investment. Such uses DO give it value, but the value is so small it is effectively zero and will never increase.
I didn't think that you were suggesting that it would give them value as an investment. I was merely commenting on the fact that these uses don't do so, because so many people (who are invested in it) are confused about that.
"it is a potentially useful bookkeeping tool"
The Bitcoin network is a permissionless digital bank. When you exchange your fiat for sats everyone on the network acknowledges that those are your sats. Banks cannot create more sats to dilute yours. Through mining there will be about 10% inflation over the next 100 years, compared to the fed inflation target of 2%/year.
Scarcity = value, and in any world where things are so bad we've fallen back to a materials physical properties to exclusively assign value, we'll have problems way worse than BTC losing worth. As long as civilization and the internet stands, BTC will always be considered to have value as only a limited supply exists, and people want in on that, regardless of any reductionist points that illustrate it's vulnerabilities.
None of the gold bars sitting in vaults are getting melted down to make electronics and jewelry. It's a method of storing value based on a multitude of human nature factors, as is BTC. Both have limited supply and attrition - industrial usage for gold, and permanent loss of wallets for BTC. It's a lot more complex than 'haha imaginary numbers, how stupid'.
The concept of 'actual value' being zero is correct, but to get to that point so many things need to utterly collapse, it's a meaningless point to make in the context of a society that will realistically continue on for the moment. That may well change, but until then it's ridiculous to write it off.
Oil is fundamentally worthless beyond a certain point of collapse if we forget how to make combustion engines and plastics. Uranium is worthless if we lose nuclear technology.
Gold just happens to be one of the lowest levels of collapse proof, because as you rightly pointed out it's shiny and pretty to look at. All the other uses came much, much later. Status symbol was first. BTC is exclusive and pretty to look at on a screen, so as long as screens are here, that desire will remain and there's nothing you can do about it. To deny this fact is to deny human nature, and the foundational attraction to gold.
In order to understand why people who are "experts" do what they do, or why they might act contrary to the truth for the purposes of social manipulation, you need to understand that controlled opposition is everywhere.
A place to begin for that exposure is my report on the singular corporation that exists, and the single body of people who run it.
I don’t have any problem with gold. I love gold. I’m just pointing out one reason why BTC is amazing. It’s also easier to secure your Bitcoin keys than a stack of physical gold. However it’s easier to loose your keys or seed phrase than physical gold. Both have pros and cons.
You obviously don’t have a strong grasp of how the BTC network and protocol operates. You don’t need third party crypto exchanges. You can establish your own node and send / receive party to party.
Not if you can't secure it anywhere. Atomic Wallet had a giant hack over the weekend. It's barely even talked about right now. 35 million stolen and probably ongoing. Thats a wallet with a 12 word passphrase and password.
You know you can create your own node and secure your keys without a third party, right?
Lmao, you’re just further demonstrating your lack of understanding.
The fact that you think I’m unaware of the issues, or that there isn’t a ton of nuance to these specific issues, AND you believe google is a reliable source of unfiltered / unbiased search results is further evidence.
Would you like me to break each of these issues down for you? I think you’d really benefit from learning more.
Lastly, you need to realize that BTC is not the same as the vast majority of cryptos. I’m not proselytizing crypto. I’m saying that BTC is digital gold and has some tremendous advantages over physical gold.
Don't be a retard and get scammed and/or have poor security practices
Don't be a retard and forgot your keys
Don't be a retard and expect your money to be safe in a volatile, new, and unsettled market.
Not your keys, not your crypto. i.e. don't be a retard and give the keys to the kingdom to some company that doesn't give two shits about you. This is one big benefit with crypto. Keeping your own keys in your control is infinitely easier than storing dozens of tons of Gold. Most people can't do that and would need to trust someone else. With crypto, you just have to trust yourself to not be a retard.
The ignorance of the anti-crypto crowd is astounding. All these supposed issues are in reality complete non-issues. The problem isn't the people "proselytizing" (lol) crypto, it's you and your understanding of it.
Amen Bob.
So delusional. Literally no one is doing this. Stop blowing smoke and find something worthwhile to post about.
As for your understanding, it is about the same as all the people who got scammed and lost their money. i.e. they didn't understand it nor understand how to protect themselves and neither do you.
Edit: And as a little clarification to put your dumb little narrative and claim to death: I have purchased preciously 0 crypto in my life and have like 13 dollars in free tokens I have earned over 2 years. Congrats, you played yourself (you also really sound way more religious over crypto than anyone else here).
"As if the same government can't crack down on crypto exchanges."
Self custody, bro.
This was a discussion over ideals, with the implication that the cabal is dead and gone.
Convenient how you instantly turn it into a here and now discussion when it suits your narrative. People love doing that, I notice. Left, right, everyone. Any time anyone attempts to discuss an ideal, someone has to barge in with their doomer dogshit about how "REEEE THATS BAD BECAUSE GOOBERMINT EVIL!!!". That then becomes their response to just about everything that is said going forward. No actual solutions or arguments, just outright dismissal based on the way things are now, rather than how they will or should be if we're truly moving forward and improving.
Also, no one ever said anything about the goobermint taking their gold, nor is that even the original guy that you just responded to in your fervent rage over "crypto bad".
Take the loss and move on, fren, you've lost this one 10 times over.
Sure, and the cabal also likely created the internet for nefarious purposes, not expect us peons to destroy them with their own weapon. That would be a recurring theme if we did the same with crypto.
Wrong. Didn't happen. You can't show that it happened. You can't even show me saying I think crypto is good because I didn't. What you can find is me calling your argument that crypto is bad because people get scammed garbage.
The sub-thread did not start with someone calling crypto better than gold. One person said that elsewhere in the thread, and you didn't reply to them. What you instead did was insert a meaning into what was said that wasn't present, and then argued your straw man.
That remains the problem here. You refuse to argue anything other than your straw man.
No, responding to a discussion about ideals with a response about the current situation, in such a way as to dismiss the persons argument over the ideal situation, is. It's pretty much "yea, that's a good idea, but it won't work because [insert current issue that is assumed to not exist in the hypothetical ideal scenario]".
This is exclusively what you have done in response to everything I have said. But winning arguments is overrated anyway. I'd much rather be correct than win an argument online.
Nothing you are saying has any semblance of relevance to this discussion. You have made no counterpoints. The only counterpoints made were when I pointed out that being stupid and getting scammed is not the fault of crypto.
And you refuse to acknowledge any good that it has. You are quite literally guilty of everything you accuse the "crypto preachers" of. Your head is buried so deep in the sand that I'm surprised you can project so well from down there.
And there has been some discussion in the thread talking about the original topic and why the Reddit shit may or may not cause issues with crypto. Maybe not as much as there should be, but it is there. That you haven't found it doesn't help your case.
I believe the real gold backed BRICS will kill the fed. The USA is 36 trillion in debt, That's alot of gold. about 1,440,000 metric tons, by my math. Where is the country that's already 36 trillion upside down going to find that much gold? Face it, USA is bankrupt and trying to borrow more.
We are not going to pay off the national debt. The Fed loaded that debt onto the US through treasonous actions, and they will be told to stick that debt where the shine don't shine. I think the reason China was dumping their US bonds was they know this is coming.
The Fed created that debt out of nothing, They will be held responsible for the failure of fiat currency
$3.9T is in T-Bills. $4.0T is in T-Bonds. $13.7T is in T-Notes. That's $21.6T in public debt.
None of those securities pay out in gold when they mature.
It's not that far upside down. Debt vs GDP is 120%. So, it's only very vaguely about $6T in the red, so far.
I think this is a cynical view, and one they would like you to have... their agenda relies on austerity, after all. This is just the same old wealth transfer in a new package.
https://www.usdebtclock.org/index.html?taxpayer
That's just an extrapolation from past figures. It ignores much of the reality, like how many citizens owns those bonds? Why is medicare so expensive vs what it returns? What happens if we give out less bonds and notes at auctions? What happens if we increase business taxes?
Point is.. saying 36 trillion in debt, unqualified, and then suggesting that this amount is entirely a deficit ignores the truth of how this monster is constructed and how easily it is dismantled.
Did you see the part about your share?
Yes.. and I can divide one number by another perfectly fine as well, which is all this is doing. Again, what I'm trying to convey is most of the "debt" is interest on already purchased securities, so this is an inappropriate way to tally this figure, and there are thousands of other variables that can change which would reduce that figure to 0.
It's got lots of flashing numbers and glitz. Does that really seem like the best tool for conveying facts and suggesting a future? Or is it just a giant gloomy machine you can use to justify your completely negative and somewhat misinformed prognostications on the future of America?
Not personal.. I just happen to really like this country. I get defensive. We've got a bright future if we can just get rid of the people actively trying to destroy it.
At today's gold valuation. What happens when the manipulation of the price of gold is removed, and its value sky rockets? Less gold is needed.
There could also be a gold backed crypto. Or even crypto regulated by the price of oil.
There are already cryptos pegged to gold.
I get your point but being pegged to gold isn’t the same as being backed by gold.
Backed by gold, too.
Bitcoin makes gold obsolete. Bitcoin does not need to be backed by gold because Bitcoin is harder money than gold.
Delusional.
Spin
Which is essentially the same thing as what BRICS is trying to accomplish.
Crypto exchanges are operating under gov't purview. Once people realize that the govt is the real problem, they can have the option to go outside of gov't control.
DEX's are a solution for this.
I got out of USD a long time ago. Crypto's fall is a real concern for me, but everything is going to fall. I have more faith in crypto than USD. Have some gold and silver, but not nearly as much as crypto because of the carrying and transfer power of crypto.
It is a solution. Gov'ts going after it is the indication that it is an absolute threat to their central bank thievery. Good. Fuck them.
Either we get scared because the market is going to take a hit, or get some balls and stay firm that we will not use a CBDC no matter what. The people decide what will be used. Don't fall for the scare tactic. Diamond hands no matter what. I am not participating in any currency that is controlled by the central banks. If I have to eat out of a garbage can, so be it. Fuck these assholes.
Bimetallic system - straight up gold standards don't work. Constitution was founded on both gold AND silver. God's money.
Gold 2.0 (also known as Bitcoin) will kill the Fed. Gold 1.0 got us into this mess in the first place.
Gold 1.0 was taken off as backing to the dollar to get us into this mess. Gold would have kept us out of this mess if it had been left as the backing for the dollar. That was an intentional act. Bitcoin is backed by the same nothing as the Federal Reserve Note is today.
So in other words, Gold 1.0 would have kept us out of this mess if the government and banks had just acted honorably and preserved the gold standard that was keeping them from getting filthy rich via printing fedbucks.
That is the problem with the gold standard. It requires you to trust governments and banks to act honestly. The fact that the gold standard is a trust-based system is the reason it has failed and given way to a fiat ponzi scheme every time it has been tried in human history.
Bitcoin eliminates the need for trust in the monetary system. And in the long run, it eliminates the need for governments to issue money, or banks to custody it.
Bitcoin is backed by mathematics and code. It is a set of laws that does not require government to enforce. And it is further backed by the astronomical amount of energy consumed to keep it that way, currently twice the annual power consumption of the US Navy and climbing.
"So in other words, Gold 1.0 would have kept us out of this mess if the government and banks had just acted honorably and preserved the gold standard that was keeping them from getting filthy rich via printing fedbucks."
Lol no? People were fuck all retarded and let FDR walk all over them with illegal and treasonous EOs, and banker pals that all printed the USD to high heaven. You seem to have it in your head that the gold standard is a 1 way street, where it goes Gold ---> USD, but that simply is just "They have gold, you have debt notes". A Gold standard necessitates the 2 way street between the backing and the currency, because that's how you keep that in check. If US-stamped Gold is as good as cash, and can be freely exchanged between notes and coins, you can simply minimize risk via holding coins versus your plainly simplistic view that a X standard is purely custodial in nature, which is flatly untrue.
They let FDR walk over them, yes. They should have shot back, but the hard fact is that they did not. And even if they did, the government would have come back with bigger guns. Bitcoin cannot be confiscated because it is just code. Its intangibility is a feature, not a bug.
And what happens when the government or banks simply decide that the paper can no longer be redeemed for gold? As was the case when Nixon ended the gold standard by EO? And as was the case with every fiat scam that has been run in history. You can add all the laws and safeguards and oversight you want, the fact is that governments and banks will always find a way to print over the gold, and people will always fall for it.
Governments and banks have proven over and over, over the course of millennia, that they cannot be trusted to administer a system of money in a competent manner, let alone an honest and impartial one. The whole of history, but especially the nightmare of the past century, proves that they need to be removed from the equation of money entirely. Bitcoin accomplishes this.
The backed by nothing of bitcoin is a play that shouldn't be accepted.
Everything is worth what someone will pay for it. That is the same thing with gold and silver. Someone will pay for it.
Bitcoin has already hit mass adoption. I don't think it can be eliminated anymore. It could've been in the beginning, but once people started using it in the millions, it is unstoppable.
The only concern is if the internet goes down. That threat is the same for everything.
We don't know what will happen. I root for decentralized currencies, thus, heavily in them. They are coming for everything. Food, money, health, everything.
The best people are the ones who are self sufficient. Now do you understand why those "prepper" shows were made to make them look like lunatics?
Looks like they're the ones who will make it out. Jesus wins. That's all I have.
Gold got legislated away. Same goes for Bitcoin (BTC is coded to shit by the same evil forces).
Good luck with legislating Bitcoin away. The cat’s out of the bag.
Bitcoin BTC has been destroyed from the inside with shitty coding (code is law) and features. Read the whitepaper and look at BTC functionality changes since 2014/2015.
BTC is backed by energy, along with its nature of being decentralized and trustless.
All value of subjective, but to compare BTC to federal reserve notes is asinine.
So I can go to the issuing miner and ask for the X kilo/mega/gigajoules of energy used to mine the block back and be able to use that energy as I please? Whereas before FDR used unconstitutional methods to ban gold ownership, I could do that with USD to get gold.
BTC is secured by energy, not backed by energy.
Back by the same nothing... Exactly!
Eventually the government will peg XRP to gold.
Crypto has a great deal of utility for people as a means of moving money around in a way that cannot be stopped by banks or governments so I don't think that it will disappear, it just might not be used for speculation. That might actually stabilise it a bit.
ETH is going nowhere. Theres a reason you didnt see it listed as one of the supposed securities that the SEC is alleging
No one has “ruled” anything. We have no regulational clarity on any of these coins. Thats part of the problem. They are unique assets that fit the definition of neither commodities or securities perfectly. The SEC throws around accusation of coins being securities wildly. But its certainly interesting they've stopped doing so with ETH all the sudden. Thats because they know who is using ETH. And they know they will lose the XRP case.
Crypto can do so much more than simply act as a currency. The real value of crypto is in its utility as a means of Data and Information Sovereignty. 99% of the crypto market is unlikely to survive in the long run. Only those with real tangible and needed utility will be sustainable and valuable into the long distant future.
Many only see crypto in a one dimensional frame of mind, and they see its success or failure only based upon its utility as a currency. As a means for the transparent and secure transaction of data and information, crypto is unmatched. I firmly believe that the entire stock market is going to be tokenized on a blockchain in the aftermath of the Fall of the Cabal and Fed.
The GameStop saga has taught us that our markets are rigged like private casinos, and the house has been set up to win every time. A Decentralized Crypto Clearing House, and Decentralized Crypto Exchange, together with Decentralized Apps to function with these systems would place the power firmly back with the people (power to the player).
One of the most exciting elements of crypto tech that is rarely discussed is the creation of smart contracts for the transfer of data and information. Imagine being able to create something, be it music, writing, video, graphics, etc, and then enclosing that creation in a smart contract that could securely and fairly transact with anyone who wishes to interact with that creation. This technology has the capacity to usher in a golden age of creativity and prosperity for imaginative creators.
I like how you are thinking here. Tie hard securities to a crypto token. You can't sell it more than once. Fine art, unique antiquities, high end luxury goods. Tie a crypto coin to it and forgeries cease being able to fool anyone that can verify a token. Crypto coins can be used as a verification tool, not just as a means of exchange. They can be used as a rock solid contract vehicle. Crypto coins are far more useful than a singular dimension. Currency, they are flexible and can be used anywhere that assurance is needed. Do I want them for a singular form of exchange? Absolutely not. I like physical assets. If I am not holding it, it isn't really mine. The old addage that possession being 9/10ths of ownership is still true.
Do you have any specific project in mind? Bitcoin doesn't seems to have any additional utility other than payments.
Look into Revolution Populi.
I've been keeping an eye on this project for the past couple of years. Their goal is to sever the vampiric syphoning of data and information by the mega-tech companies, and give the power of Data Sovereignty back to the people. Folks don't realize just how valuable their digital information and data are. This information is what is used in the 5th Generation War to control and manipulate the masses. If the levers of this information are returned back to the people, a massive blow will have been delt against the Deep State and Cabal.
Yeah I've heard that market of our data is more valuable than oil market... It's sick. Selling our data just like that should not be allowed, especially after AI / ChatGPT models got so powerful.
The way that I've heard it described, our digital clone that is comprised of all of our information has the same value as an oil derrick. At the moment, the value of that information is syphoned to the tech companies to do with what they please. If Data Sovereignty is given back to We the People, it will be the tech companies that will have to pay We the People for the privilege of utilizing that data and information.
In short, the tables will reverse and the dynamic will change completely. We see what is going on with Anheuser Busch, Target, and other companies with the application of buying power by the people. Imagine what power consumers will have when their data is no longer free to use and abuse by the tech companies. We will finally have the leverage to end woke culture online once and for all.
The ultimate IP is the human mind, body and spirit. It’s a priceless commodity that should belong to you and God only.
My only concern is that this all seems to lead us towards some type of digital ID, and I fear that in order to reclaim ownership over your data and digital footprint, you’ll be required to accept is essentially the mark of the beast.
If you think that Bitcoin's only utility is as a form of payment, I would advise you to look into the work of Space Force Major Jason Lowery.
XRP and XLM.
Pretty much any of the coins in this guide, on page 17...........
https://www3.weforum.org/docs/WEF_Getting_Started_Cryptocurrency_2021.pdf
Imagine going on a Q board and linking, not just to a list of shitcoins, but a list of shitcoins endorsed by the World Economic Forum.
Have you been keeping up with the SEC vs. Ripple trial?
Youre clueless if you dont pay attention to the blockchains the world banks want to use.
Watch some of Michael Saylor's videos. He is promoting the idea of using a Bitcoin linked digital identity to counteract the proliferation of bot and other fake personalities that exist for propaganda or scams. I think Microstrategy holds more btc than any other corporation and don't doubt they are working on this.
Just started reading softwar.
Bitcoin is the single greatest asset to combat CBDCs. That's why the SEC wants to sue Binance and collapse Bitcoin.
Gold and silver cannot compete with the CBDC. Bitcoin can.
Ironically, Bitcoin is the only asset that will be left standing when all the other shitcoins croak.
Ethereum too.
ETH lost all relevance when it switched to Proof of Stake.
No, they;'re going to get nailed by the SEC too.
If it has a CEO or a foundation, it is a shitcoin, and it is going to zero. This includes the Federal Reserve Note.
So Bitcoin is a shitcoin?
https://www.bitcoinfoundation.org/
Are you under the impression that this foundation has any control over Bitcoin?
It’s an advocacy group. It’s substantially less related to Bitcoin than the federal reserve is related to the US government.
Really? Looks like they were behind the decision to hard fork bitcoin.
https://www.coindesk.com/markets/2014/10/08/gavin-andresen-proposes-bitcoin-hard-fork-to-address-network-scalability/?outputType=amp
That’s what I’m interpreting, that cabal wants to burn down existing cryptos to clear the field for their own
Our voting systems should utilize blockchain. A vote token instead of a monetary token. All legal voters receive (1) valid token per eligible vote. It would be easy to verify the token once it’s redeemed. Easy peazy.
I didn’t. Thank you. Just read it. Doesn’t surprise me. USPS is complicit though. Should be a new patent with blockchain and maybe a local utility company. Most every taxed citizen pays a Utility bill. Each utility account has an associated token on paper. Show up in person to vote with your token. If on WIC, or SNAP, the token is associated with your account. If you cannot vote in person, we come to you to redeem your token.
USPS still delivers the token… lol
Or, something like that. Just thinking. There has to be a better way. I sent @elonmusk a message. Waiting to hear back from him. Should be any minute now. Lol
The USPS is still headed by a Trump appointee, just FYI.
The best part is that you can verify where your tokens went. You can verify your vote counted where you wanted it to go.
Lol if you think the deep state would allow our votes to be counted, and an end to their massive voter fraud schemes.
Can someone explain to me in 1-2 sentences, what this 'reddit 3rd party app killing' thing is?
Further details:
The actual Reddit app sucks and makes using the site awkward.
Worse, Reddit is likely going to be removing a lot of bots, and this includes auto moderation bots. They are also going to be hiding all NSFW posts on the official app. This will make it much more difficult for Reddit’s mods to remove dangerous posts.
One of the mods of the Videos sub specifically said that it will allow child sex slavery rings to stay up on the site, as well as scammers and porn bots.
I can never get any Reddit apps to work properly, including Reddit's own. It's ridiculous.
Best reason in the world to stick with hard assets.
In the final analysis, money that's comprised of electronic signals isn't real; and people who understand it better will see to it you end up with nothing.
So basically a day that ends in "y" in crypto land? 🤣
We've been on this roller coaster a thousand times. Double digit swings are normal.
Internet taken down + crypto=no crypto vs internet taken down+gold/silver in personal safe along with numerous other tradable goods=gold/silver in personal safe along with numerous other tradable goods. Math is easy frens. Communication lines will eventually be severed to usher in a more restricted and controlled internet 2.0 and there's no guarantees your crypto wallet address will still exist or be allowed to. If you can't touch it it's not a real asset and the rug pull will come.
This comes down to how bad things get when they crash. Does 10 days of darnkess mean power and utilities too? Then we would truly understand. Crypto loses a lot of its shine when you can’t even charge your phone.
When the day comes that the average person loses confidence in the system, I doubt they will go running to cyberspace for their assets.
It's NOT "10 days of darkness"
It clearly states "10 days. Darkness".
Big diff.
"The crypto must die so that the CBDC can live." - The NWO, probably.
Just shut the power off for say....I dunno, 10 days. Then see what your precious crypto is really worth. Nothing. Better start stacking cold hard PM because nobody is going to want crypto if the shtf and there's no power. Yes, it's good to hold some... but also hold tangibles.
Binance lawsuit will settle, we'll see a V shape recovery in crypto market, bitcoin will probably hit $35k.
This
To me it feels like .com bubble. A lot of them will go away in the reckoning.
My bagz… my Coinz😂😂😂😂😂🤡🌎
Yes Fam,.. we are watching ..- Destroy
It’s almost like bankman and others were placed to spread the corruption all throughout the crypto markets.
gold will destroy the fed. and imho gold will destroy crypto, at least crypto as we know it. imo, we will end up with a Gold backed Crypto, for use in the stock market, and for international trading, and gold backed dollars, that will remove our fiat dollars (via currency revaluation)( the opposite of currency debasement)
You're talking about XRP.
Atomic Wallet got hacked: https://cryptopotato.com/atomic-wallet-hacked-largest-victim-reportedly-lost-2-8m-usdt/
Atomic - Nuclear. Comms? https://decodingsymbols.wordpress.com/?s=nuclear
the USA should not be held accountable for 36+ TRILLION debt. The fiat system was corrupt, never fully passed through government & the interest is impossible to pay off. the central banks were designed to usurp every country they've been implemented in. its' thievery.
gold & silver only, as mentioned in the Constitution & start "new". you cannot owe debt on something that doesn't exist. fvck the central banks, fvck the Federal Reserve & its collection agency known as the IRS.
The Reddit API has nothing to do with crypto.
I think this is being engineered along side the coming fiat currency collapse so the Fed can usher in Fed Now and [their] CBDC with little to no viable competition. God forbid there be competition in the currency market.
There is competition to the CBDC. It is called Bitcoin.
Buy XRP.
Fuck off with your WEFCoin.
Expand your mind.
Reddit by far most popular for crypto? Try twitter.. no big names use reddit.. all big names use twitter for crypto..
You are trusting the SEC ?
Nice of you to warn people, but to me it’s just a buy oppurtunity.. end result of bitcoin will be the same, people who know about it know where it’s goin
Just wanted to mention the WEF crypto guide which shows all the coins that have ISO 20022 compatibility which is the international bank digital messaging standardization that all the banks have switched to.
The cryptos are mentioned on PAGE MOTHERFUCKING 17.
https://www3.weforum.org/docs/WEF_Getting_Started_Cryptocurrency_2021.pdf