Orange Man, Orange Coin, No coincidences!
(media.greatawakening.win)
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I will continue to stack small metallic items of high value, that I can hold in my hands whenever I want, regardless of whether I have electricity or not, any time I want, that only I control...in private.
If I need any BTC, I'm sure I can trade for it at a later date....but as Dan says, "BTC is going to f*cking zero"... we'll see...
RE: https://www.bitchute.com/video/zkCnNegVRzQc/
Yeah, I prefer physical assets right now too. Especially those small shiny ones.
Peter Schiff has been saying that since Bitcoin was sub $1000. Recently he gave in and started accepting it himself.
Nothing wrong with metals, except that they are heavy, hard to divide into smaller pieces, and you can't send it over the Internet.
Everyone should, at a bare minimum, learn how Bitcoin works and set up a self-custody wallet. Once that happens the dollar can safely collapse.
Silver coins. Dimes, quarters, half dollars. A dime is about 2.25 grams silver, a quarter is 6.25 grams and a half dollar is 11.5 grams. A 1 ounce silver round is 28.35 grams. Silver coins are called junk silver. I have several hundred dollars face value of such. Will come in handy if we go all Mad Max for a bit.
A dime at todays spot price is about 2 dollars.
All that's fine. It still doesn't solve the problem of spending over the internet, or securely carrying around large sums with you everywhere you go.
No one is arguing against the value of having some precious metals, but that is not the only scenario to prepare for. Crypto is going to be part of the future whether anyone likes it or not. It is going to be part of financial portfolios and it's better to understand how it actually works than to just ignore it.
Most of what is going to be built by institutions/corporations for crypto is based on Proof of Stake systems which are very different than Proof of Work. Proof of Stake means those who own the most coins/tokens can control the whole system. Proof of Work means you have to actually expend real energy to get a reward.
Also BTC has been crippled so that it can't support future growth which is why they are all pushing Lightning Network which is an overcomplicated shitshow that only reintroduces the fractional reserve banking system on top of BTC and is meant to kill it.
Bitcoin Cash was a split from the original chain back in 2017 because they saw the writing on the wall and preserved the original design.
Im not really sure a digital wallet that can be shut down on a whim by some petty tyrant or permanently smashed by an EMP is the answer either.
I do think eventually a gold/silver backed blockchain currency will be used but it must have also have a physical manifestation.
Todays commerce is way to vulnerable to interruption through natural or other means. Shit if the power goes out stores have to shut down because they have no way to complete a sale without thier machines. They have no way to even accept money. Thier readers dont work, their registers dont work.
So, a wallet is just a piece of software that handles your private keys. It can't be shut down or shut off by anyone. The only way you can lose access to your wallet is if you lose your private key.
The private key is just a really long unique set of random data. You can save as a list of words that you can write down or etch onto steel. Then, if you ever do lose your private key, you can restore it from anywhere.
So it is tyrant and EMP proof.
However, if you sign up for a Bitcoin "account" with a company that generates the private key for you, none of this holds true because the company owns and controls the key and can lock you out if you fail to comply with their KYC requirements.
The answer is to always only use self-generated wallets, then you can't be shut down or restricted in any way.
A troy ounce of gold ------ is worth more than a troy ounce of $50 bills.
Fuck that argument.
I don't disagree... What's your point?
Fuck bitcoin… virtual money is fake and gay…. Now block chain, backed by gold… that is spicy
You should read up on Proof of Work.
Link?
https://truthsocial.com/@realDonaldTrump/posts/112601639679885930
wow, thanks. I pretty much thought this was a fake screenshot!
I buy Bitcoin from River Financial and it is based in the USA.
Too bad they are BTC maximalists backing the fake version of Bitcoin.
HFSP
Have you any argument or is that your best shot?
Argument was settled years ago when you decided to stay poor and forked off from the hardest money ever created
Remind me, what was the argument in favor of keeping blocks perpetually at 1MB every 10 minutes?
Why was that decided as the permanent maximum allowable transaction capacity?
What made you decide that limiting scalability was the way to go, rather than to scale with demand?
They're 4MB, but thats too high, should have never negotiated at all
Bitcoin has no scaling limitations, you're misinformed
Misinformed how?
Blocks are not 4MB. The artificial 1MB limit in the code is still there in the Bitcoin Core software.
BTC also invented a new term - vByte (which isn't used in ANY other computer application) - to be able to say blocks are 4MB when they are not.
SegWit just made it so that signature data "doesn't count" toward the 1MB limit so it can fit more transactions into the 1MB space.
You still didn't answer my question. Why was that decided as the optimal limit?
We are all walking around with 5G smartphones and streaming Netflix. Broadband is everywhere. If you are a serious miner there is no reason you wouldn't have the infrastructure to handle 32MB or 128MB blocks every 10 minutes. If you are a normal user there is no reason to download and maintain the entire blockchain when you can use public nodes. So why was 1MB / 4MB chosen as the optimal value and why is this a forbidden question that you can't answer?
Shadilay
At least that is what their web site says.
Fuggems
River is solid
Sounds like a play for the libertarian vote.
The Enemy of my enemy is my Fren
Most libertarians are retard-shitcoiners that have a pathological addiction to staying poor to justify their contrarianism
Bitcoin is pro-prosperity through sound money
President Trump? The system/fake coin created by DARPA/CIA? Not backed by anything? Heavily involved with smuggling & trafficking? Of course, recalling your m.o. is to bring attention to someone or something before [BTC].
the deep state fake media turned you against it with lies
It's dollars they use for trafficking and smuggling
Bitcoin is a nuclear weapon against their international banking hegemony
Do some homework
I will keep an open mind, but it wasn’t too long ago that Trump was not in favor of them. There is a lot of sauce on the topic.
https://www.coindesk.com/markets/2017/02/27/banks-turn-to-bitcoin-tracking-in-fight-against-human-trafficking/
The banks said it so it must be true LOL
Trump said it was "created from thin air" knowing exactly what the responses would be... IT'S THE THE DOLLAR THAT'S CREATED FROM THIN AIR
Oh no Liz Warren gonna downvoot
Are you talking about FIAT cash, or BTC? Who’s stupid enough to use BTC for illegal payments when there’s a record of every transaction? Real criminals use cash for that, like when Obama sent pallets of cash, so it couldn’t be traced.
There are a lot of articles out there. Is it a media smear? Possibly. I reserve the right to be undecided on this issue until I have moar information.
You gold flakes need to wake up, PM's had their day and they always get centralized by banks... too hard to transport and verify...
game over, they're being demonetized.
Bitcoin is the soundest money.
Aluminum bullion is cheaper to mine than bitcoin.
If things go to shit you can still build an airplane out of it.
Paper is even cheaper to print
Can make paper airplanes out of it
Enjoy your paper!
https://www.investors.com/news/bitcoin-miners-donald-trump-america-bitcoin/?src=A00650&refcode=rbnhdfeed