The gold standard will always be a trust based system. It does not matter how many layers of safeguards you stack on top of it, governments and banks will always find a way to print over the gold. The trust based nature of gold-backed currency is, and will always be, its fatal flaw.
This is why Bitcoin is a core element of the plan. Bitcoin is bankless, stateless and trustless money, and it eliminates their ability to ever run this scam again.
Bitcoin is bankless, stateless and trustless money, and it eliminates their ability to ever run this scam again.
True, but what do you think about the Bilderberg takeover of Bitcoin and the refusal to increase the block size? Were you around during the block size debates and the hash wars?
Personally I think it's a shame what happened and now I believe BTC is destined to fail, but the silver lining is that it may take the entire corporate/government/central bank power structure with it.
The refusal to increase block size was completely asinine in the long run considering how cheap storage has become in the years since. The argument that it somehow made the crypto space more inaccessible has completely fallen apart
As crazy as it sounds, I feel like the crypto space is more inaccessible now than ever, in some ways. I couldn't imagine being new to the space now. It went from "Hey, it's encrypted digital money with no bank involved" to "Here's how to get rich quick, buy my meme token" real fast
The gold standard will always be a trust based system. It does not matter how many layers of safeguards you stack on top of it, governments and banks will always find a way to print over the gold. The trust based nature of gold-backed currency is, and will always be, its fatal flaw.
This is why Bitcoin is a core element of the plan. Bitcoin is bankless, stateless and trustless money, and it eliminates their ability to ever run this scam again.
True, but what do you think about the Bilderberg takeover of Bitcoin and the refusal to increase the block size? Were you around during the block size debates and the hash wars?
Personally I think it's a shame what happened and now I believe BTC is destined to fail, but the silver lining is that it may take the entire corporate/government/central bank power structure with it.
The refusal to increase block size was completely asinine in the long run considering how cheap storage has become in the years since. The argument that it somehow made the crypto space more inaccessible has completely fallen apart
As crazy as it sounds, I feel like the crypto space is more inaccessible now than ever, in some ways. I couldn't imagine being new to the space now. It went from "Hey, it's encrypted digital money with no bank involved" to "Here's how to get rich quick, buy my meme token" real fast