What do you think?
It's starting to become clear to me that Satoshi Nakamoto= white hats who created Bitcoin to alter satanic cult's plan to create CBDC and to send mockery to the fiat monetary system.
Satoshi holds 1,100,000 BTC. Trump said gov't will use bitcoin as asset backing for currency.
What if, we already have 1,100,000 Bitcoin? Remember, there only 21,000,000 BTC. That is a massive holding. White hats already have it?
Fun to think about. Thoughts?
Mica is a European regulation, so who cares.
Tether has much bigger problems than that. They need to prove they are solvent.
That being said, they have passed their audits, they have proved the actual money exists.
So for the time being, there’s nothing wrong with tether.
What makes tether scary is that at any time they could go rogue and cause some real chaos… but they would likely not be able to get away with it because their entire leadership is well known now and the doj would be on them in a big way.
It is important to not call BTC a currency, because it ISNT a currency, it’s a commodity if anything.
The same reason you don’t call gold a currency.
Yes I know gold is a legal tender and thus can be used AS a currency, but that doesn’t make it a currency in and of itself. It just happens to be allowed to be used as a currency, but no store is legally required to accept gold, but they are legally required to accept U.S. dollars.
Bitcoin is the same btw, many countries around the world have passed laws to have it become a legal tender for the country.
I agree that in the future blockchain and crypto will become more of an infrastructure than a speculative asset.
But i don’t see how the overlying assets can ever just disappear… they will always exist if blockchain as a technology exists.
The only really good argument against crypto is the whole power/internet connection is a requirement… but that’s also why I never believe people should put all their eggs into this basket. Something like 1-10% of an investment portfolio being in crypto (mainly just bitcoin…. If any others then ethereum…. Don’t listen to the XRP brainwashed folk… XRP isn’t even a blockchain, and I believe XRP is the one that’s truly tied to deep state actors.)