Bitcoin itself is very hard to hack and it wouldn't have taken on its value if it weren't crowd-approved. It does represent real labor and that's why it trades so highly.
However, "Satoshi" absolutely is a billionaire now because the system best favors the earliest adopters and he wouldn't have put it out there without his mining rigs being ready. He even seems to have left a signature in his Genesis block to that effect ....
Now that everyone knows about Bitcoin well of course there are tons of fakes and psyops. Actual CBDC is the phoniest of all. They are distinguishable from the original.
This page has a few better data points than other speculations I've seen. In particular it's probably that BTC and the Trump-Q operation go hand in hand. Converting vast data centers into vast currency isn't easy for anyone, but when you have an amazing blockchain whitepaper then it can surprise the other powers that be. Plus the crowdsourcing is very similar between Satoshi and Q. I still have the NSA in the category of more "good people" than bad.
No, quantum computers are worse than AI in terms of usability and have never been proven to get anywhere. The reason for this is that the whole industry is using the wrong assumptions in exactly the same way that Heisenberg had the wrong assumptions and couldn't build a bomb.
I'll grant you that, whatever the current recommended length is for your prime numbers, the NSA is many digits ahead of that, but it's because of ordinary computing power and not any "quantum" advance. I'm pretty confident that doesn't help them if you use ordinary math and situational precautions. It's much easier for them to obtain the password by humint than brute force, and that's what they rely on.
If Quantum computers could break cryptography, the whole digital world and internet would be screwed. Banks would have to go offline and operate like the 1900s. Companies would have all their sensitive information at risk.
I'm hopeful that someone will figure out Quantum resistant encryption, because every country and corporation are incentivized to do so.
However, even if encryption was solved, which ever company made Quantum computers first could have a monopoly on mining Bitcoin and could censor the network. What's your opinion on how to solve that problem? A quantum resistant mining algorithm is the only thing i can think of. But i'm having difficulty imaging something that is hard for a quantum computer to do but easy for a normal computer.
The universe is itself a quantum resistant algorithm. I'm confident quantum computing cannot improve significantly on digital computing.
What AI shows is that LLMs are babies when it comes to analysis, hallucinating easily and speaking confidently when mistaken. Quantum computers, if they somehow succeeded in spite of their failed science (which is a dim possibility), would have all the uncertainties of the fuzziness they depend upon and would be mere embryos in abilities to communicate. If we flew in the face of all logic and imagined some army of quantum computers were assembled, it would be like asking what to do about an army of golems or zombis: the slight alleged benefit you get from having such an army is beset by much more significant drawbacks and is quickly offset by the market creating asymmetrical hacks of your power.
As I already hinted, though, Bitcoin is already front-loaded toward favoring its creator first and its early adopters second, so assuming that there was some more powerful way to mine it would not offset the fact that from its inception its creators presumably know more powerful ways to mine it than they let on. (Think SHA backdoor.) In other words, the problem you cite has already been dealt with in a different form by the marketplace, and it will do so again.
The last answer is always that if the cabal succeeds in enslaving bodies and souls it cannot enslave spirits, which are subject to Christ's rule and return. He will reveal the lighted path when all is darkest.
Good thing or bad thing? I don’t know. I think I’ve got .017% of one BTC. I’ll keep stacking silver and gold, the numbers check out i.e. paper volume to physical volume in a paper sell off.
I bought as much gold before it hit $2000/oz and silver before it hit $30/oz as I could. I’m convinced that the current administration will eventually end The Fed. Whether, the power is returned to Congress and we return to a precious metal backed currency or whether we go digital, gold and silver will be a valuable asset for the transition.
100% Agree. Like any powerful tool, it can be used for good or evil. Gold backed currencies failed because it's hard to spend physical gold or send it around the world or for an online payment, so everyone used gold receipts for convenience, allowing governments to print unlimited reciepts. Crypto is the only technology capable of taking control of money creation out of the hands of govt and banks for good.
Is paper money backed by anything? If someone dropped a million bucks cash at your front door, does it have value to you?
Some of Gold's value is indeed backed by it's usefulness for industry and jewellry. But the majority of it's value is from speculation, so not really backed by anything except it's usefulness as an asset to preserve wealth.
Almost all societies invented money, whether it was rocks or shells or coco beans. Using Literally anything as a currency was infinitely better than bartering.
Paper/digital cash works great and has most of the characteristics of sound money, but with 1 major flaw, govt and banks can inflate the supply forever so it fails at being a store of value like gold.
Gold is brilliant at preserving wealth but is nowhere near as convenient as cash or digital bank money. It's hard to buy low value items in gold or silver. You can't quickly send it around the world or spend it online like cash.
Crypto combines the best of both worlds. The super convenience of cash with the wealth preservation of gold that governments can't print.
Gold is money. Everything else is credit.... JP Morgan
Regardless of whatever reason one wants to put on gold's value, the fact remains that it's recognized the world over. No explanation for it required - no electricity required - no history of what it purchased in the past & who made the purchase...
I'm sure you'd agree that asset backed crypto sans a public ledger with your record of buying a gag gift for a stag party one time...is REALLY what people want. But... I don't think I can trust any organization at this point that they'll stick to truly asset based currency without some sort of phuckery by cheating the system.
They're just too addicted to printing money, fractional reserve banking and the defacto British geopolitical game of wars for profit etc.
There's going to have to be some MAJOR changes...Now Trump has been kicking the British's ass lately with moves he's made & the promise of a Stable Coin seems great on the surface, but there's a number of things about it that won't sit right with a number of people once they really look under the hood and read the fine print. They've already got it so banks have the upper hand over regular people that THOUGHT they'd "be their own bank" like we hear influencers pushing every time it's mentioned.
The true test of crypto's usefulness and utility will come when it's allowed to be used to pay down the debt. Debtors so far, don't want crypto in any substantial amount. What do they want? Gold. I'm waiting to see IF and who is sucker enough to accept BTC etc al crypto for this purpose. The shareholders of the FedRes aren't going to accept it... and that is the writing on the wall.
Right now, banks are hoarding gold, not necessarily crypto, as tier 1 assets - pursuant to Basel III. They're going to HAVE TO do it eventually... it's only a matter of time...In recent days, financial advisors who historically LAUGHED at the idea of holding gold are now preaching that everyone should have a 20% stake in gold in their portfolio...I didn't see crypto mentioned as something in that list - bonds, stocks, gold.
The way I see it is, right now crypto is the wild West - it's anyone's guess who's REALLY going to come out on top in terms of being an actual financial instrument that has real USEFULNESS. As it sits, Bitcoin has VERY limited usefulness... It's impossible right now for it to replace cash - a tank of gas, groceries, running around town etc. I view it as a currency - no different than FRNs or GBPs. If I need crypto currency I can always cash in my physical PM in exchange any day of the week... just like any other currency.
Now there are people who fart around trading currencies and play that game, making a few bucks off the disparity... but "investing" in currency isn't something anyone bright really does & crypto is right up there with any other currency.
For me, if I can't hold ot in my hand, look at it, secure it and quantify its dimensions - It's akin to an imaginary friend. It defies the definition of "real"...
So, yes - just like dollar currency that people BELIEVE is worth something, BTC derives it's alleged value because people believe it's worth something. But the reality is, it's not really worth anything and even less than a tulip bulb.
There are only 2 things worth anything the world over - which has been true for eons: Things that come out of the ground & skilled labor. Crypto doesn't tick either box, so until I NEED it to transact, it's a hard "NO" for me. All extra FRNs get converted to gold. Essentially the definition of money...
I agree with the critique that the blockchain/transaction history being public is a privacy flaw. But there seems to be no other option in order to make it open source and decentralized so no government or bank can cheat or control it. It's a small price to pay. And your transaction history is pseudonymous, you can send it through mixers and create a new change address each time you buy something which make it much harder to track. Of course a government can get a warrant and force a crypto exchange to hand over all their data on were you withdraw your money, but they can already do that with banks.
I still love gold, and unlike crypto or cash, it's rarity is protected by the laws of physics. But it's just too inconvenient to buy groceries with it. So that leaves you with 2 choices.
In a future where crypto is widely adopted and accepted everywhere, where you can buy gas or pay household bills with it. You can choose between having FRN's losing value sitting in your bank account for your monthly expenses, or the alterntive that does everything you need without losing value. What are people going to choose? They already choose cash over gold. Are they gonna choose crypto over cash once it becomes easy?
The shareholders of the FedRes aren't going to accept it
And i don't want them to. I believe the White Hats will allow fiat to fail or at least go into hyperinflation, this will transition everyone to the crypto standard, and then the national debt can easily be paid off. Or perhaps Trump has a different plan where, as inflation gets worse, holders of US Treasury bond's will be offered to exchange it to a bitcoin bond and receive interest paid in BTC instead or something like that. I'm optimistic that America will lead the way for the crypto revolution and letting it be a national currency that you can pay taxes with, Once Q fully controls the U.S. govt.
And then the writing will be on the wall for every other country, as citizens see the economic benefit and prosperity deflation and sound money brings. Like you said, they're addicted to money printing, but they won't have a choice once America leads the way, and they know their citizens will revolt if they don't follow suit.
People think its a play on word for Central Intelligence Agency
But there is a bigger dimension to this. Bitcoin, most definitely would never work as a world freedom currency (without making compromises that beats the purpose, like lightening network built on top of it) was a poison pill to begin with.
However, because of Bitcoin, common people now understand the idea of a freedom currency. (Its like the movie Matrix made it easy for people to understand the idea of a digital prison that we live in).
Now that idea is becoming reality via Trump's Genius Act and the new Stable currencies yet to be released, that allows everyone to own Treasuries without a middleman or without Banks taking the cut off the top.
Like everything else, BHs built things to oppress us, but the WHs guided the same to help us help ourselves.
(Like Social Media started with Lifelog project to track individuals. But social media evolved into digital information battlefield where we are kicking ass.)
I believe the White Hats knew Bitcoin would be slowed down and sabotaged, making transaction ridiculously expensive like when they were $10+ for months at a time, making it unusable for an everyday currency, and forcing silly solutions like the lightning network. They knew it would happen and Bitcoin forked into Bitcoin Cash, carrying on the original vision and increasing the blocksize to keep up with improved internet and hard drives. Right now, there isn't a crypto capable of handling the amount of transactions Visa does, while keeping crypto mining decentralized and accessible to the average person, but in a decade or too, the block size can keep increasing up to a few Gb, which should be enough to compete with Visa and stuff. And people running nodes can prune the block chain to reduce the storage needed. I can already get Gigabit internet in my small town in the UK.
Remember those massive datacenters that came online myseriously around the time bitcoin was originally released?
Tinfoil hat me thinks those were/are bitcoin mining centers.
Yes...I 'member, but didn't put 2 & 2 together until you mentioned it.
Interesting...
Bitcoin itself is very hard to hack and it wouldn't have taken on its value if it weren't crowd-approved. It does represent real labor and that's why it trades so highly.
However, "Satoshi" absolutely is a billionaire now because the system best favors the earliest adopters and he wouldn't have put it out there without his mining rigs being ready. He even seems to have left a signature in his Genesis block to that effect ....
Now that everyone knows about Bitcoin well of course there are tons of fakes and psyops. Actual CBDC is the phoniest of all. They are distinguishable from the original.
This page has a few better data points than other speculations I've seen. In particular it's probably that BTC and the Trump-Q operation go hand in hand. Converting vast data centers into vast currency isn't easy for anyone, but when you have an amazing blockchain whitepaper then it can surprise the other powers that be. Plus the crowdsourcing is very similar between Satoshi and Q. I still have the NSA in the category of more "good people" than bad.
And med beds, sure.
No, quantum computers are worse than AI in terms of usability and have never been proven to get anywhere. The reason for this is that the whole industry is using the wrong assumptions in exactly the same way that Heisenberg had the wrong assumptions and couldn't build a bomb.
I'll grant you that, whatever the current recommended length is for your prime numbers, the NSA is many digits ahead of that, but it's because of ordinary computing power and not any "quantum" advance. I'm pretty confident that doesn't help them if you use ordinary math and situational precautions. It's much easier for them to obtain the password by humint than brute force, and that's what they rely on.
If Quantum computers could break cryptography, the whole digital world and internet would be screwed. Banks would have to go offline and operate like the 1900s. Companies would have all their sensitive information at risk.
I'm hopeful that someone will figure out Quantum resistant encryption, because every country and corporation are incentivized to do so.
However, even if encryption was solved, which ever company made Quantum computers first could have a monopoly on mining Bitcoin and could censor the network. What's your opinion on how to solve that problem? A quantum resistant mining algorithm is the only thing i can think of. But i'm having difficulty imaging something that is hard for a quantum computer to do but easy for a normal computer.
The universe is itself a quantum resistant algorithm. I'm confident quantum computing cannot improve significantly on digital computing.
What AI shows is that LLMs are babies when it comes to analysis, hallucinating easily and speaking confidently when mistaken. Quantum computers, if they somehow succeeded in spite of their failed science (which is a dim possibility), would have all the uncertainties of the fuzziness they depend upon and would be mere embryos in abilities to communicate. If we flew in the face of all logic and imagined some army of quantum computers were assembled, it would be like asking what to do about an army of golems or zombis: the slight alleged benefit you get from having such an army is beset by much more significant drawbacks and is quickly offset by the market creating asymmetrical hacks of your power.
As I already hinted, though, Bitcoin is already front-loaded toward favoring its creator first and its early adopters second, so assuming that there was some more powerful way to mine it would not offset the fact that from its inception its creators presumably know more powerful ways to mine it than they let on. (Think SHA backdoor.) In other words, the problem you cite has already been dealt with in a different form by the marketplace, and it will do so again.
The last answer is always that if the cabal succeeds in enslaving bodies and souls it cannot enslave spirits, which are subject to Christ's rule and return. He will reveal the lighted path when all is darkest.
Correct.
Fair assumption given the stealth tech is always 20-30 years ahead of public tech.
BTC has served as a sting op quite successfully I'm assuming. Just like proton mail.
I don’t buy that elites would want decentralized currency - which bitcoin is.
"I don’t buy that elites would want decentralized currency - which bitcoin is."
...they don't...
...they want the digital ID system which goes hand and hand with bitscam...
Yep, whatever is digital I will not buy it. Not real money. I prefer coins which are made of metal.
Other ways to do that then to metaphorically cut their left foot off.
I am with you on that one.
Good thing or bad thing? I don’t know. I think I’ve got .017% of one BTC. I’ll keep stacking silver and gold, the numbers check out i.e. paper volume to physical volume in a paper sell off.
I bought as much gold before it hit $2000/oz and silver before it hit $30/oz as I could. I’m convinced that the current administration will eventually end The Fed. Whether, the power is returned to Congress and we return to a precious metal backed currency or whether we go digital, gold and silver will be a valuable asset for the transition.
I concur
WHs created it ;)
100% Agree. Like any powerful tool, it can be used for good or evil. Gold backed currencies failed because it's hard to spend physical gold or send it around the world or for an online payment, so everyone used gold receipts for convenience, allowing governments to print unlimited reciepts. Crypto is the only technology capable of taking control of money creation out of the hands of govt and banks for good.
Great evidence in the this Badlands episode that WH's made it.
For example, Bitcoin started in Jan 2009, and in that same month, The US Government announced a Counter Insurgency guide abbreviated 'COIN' with some orange, like Bitcoin's logo.
https://2009-2017.state.gov/documents/organization/119629.pdf
And Trump's first tweet matched the timestamp of bitcoins 2nd block.
https://groups.csail.mit.edu/mac/classes/6.805/articles/money/nsamint/nsamint.htm
Well... It's a good thing it's backed by something that gives it true value...
Yanno, like tulip mania: https://en.wikipedia.org/wiki/Tulip_mania
Is TulipCoin taken?
You can start by planting your two lips right here...
u/#sassypopcorn
Is paper money backed by anything? If someone dropped a million bucks cash at your front door, does it have value to you?
Some of Gold's value is indeed backed by it's usefulness for industry and jewellry. But the majority of it's value is from speculation, so not really backed by anything except it's usefulness as an asset to preserve wealth.
Almost all societies invented money, whether it was rocks or shells or coco beans. Using Literally anything as a currency was infinitely better than bartering.
Paper/digital cash works great and has most of the characteristics of sound money, but with 1 major flaw, govt and banks can inflate the supply forever so it fails at being a store of value like gold.
Gold is brilliant at preserving wealth but is nowhere near as convenient as cash or digital bank money. It's hard to buy low value items in gold or silver. You can't quickly send it around the world or spend it online like cash.
Crypto combines the best of both worlds. The super convenience of cash with the wealth preservation of gold that governments can't print.
Regardless of whatever reason one wants to put on gold's value, the fact remains that it's recognized the world over. No explanation for it required - no electricity required - no history of what it purchased in the past & who made the purchase...
I'm sure you'd agree that asset backed crypto sans a public ledger with your record of buying a gag gift for a stag party one time...is REALLY what people want. But... I don't think I can trust any organization at this point that they'll stick to truly asset based currency without some sort of phuckery by cheating the system.
They're just too addicted to printing money, fractional reserve banking and the defacto British geopolitical game of wars for profit etc.
There's going to have to be some MAJOR changes...Now Trump has been kicking the British's ass lately with moves he's made & the promise of a Stable Coin seems great on the surface, but there's a number of things about it that won't sit right with a number of people once they really look under the hood and read the fine print. They've already got it so banks have the upper hand over regular people that THOUGHT they'd "be their own bank" like we hear influencers pushing every time it's mentioned.
The true test of crypto's usefulness and utility will come when it's allowed to be used to pay down the debt. Debtors so far, don't want crypto in any substantial amount. What do they want? Gold. I'm waiting to see IF and who is sucker enough to accept BTC etc al crypto for this purpose. The shareholders of the FedRes aren't going to accept it... and that is the writing on the wall.
Right now, banks are hoarding gold, not necessarily crypto, as tier 1 assets - pursuant to Basel III. They're going to HAVE TO do it eventually... it's only a matter of time...In recent days, financial advisors who historically LAUGHED at the idea of holding gold are now preaching that everyone should have a 20% stake in gold in their portfolio...I didn't see crypto mentioned as something in that list - bonds, stocks, gold.
The way I see it is, right now crypto is the wild West - it's anyone's guess who's REALLY going to come out on top in terms of being an actual financial instrument that has real USEFULNESS. As it sits, Bitcoin has VERY limited usefulness... It's impossible right now for it to replace cash - a tank of gas, groceries, running around town etc. I view it as a currency - no different than FRNs or GBPs. If I need crypto currency I can always cash in my physical PM in exchange any day of the week... just like any other currency.
Now there are people who fart around trading currencies and play that game, making a few bucks off the disparity... but "investing" in currency isn't something anyone bright really does & crypto is right up there with any other currency.
For me, if I can't hold ot in my hand, look at it, secure it and quantify its dimensions - It's akin to an imaginary friend. It defies the definition of "real"...
So, yes - just like dollar currency that people BELIEVE is worth something, BTC derives it's alleged value because people believe it's worth something. But the reality is, it's not really worth anything and even less than a tulip bulb.
There are only 2 things worth anything the world over - which has been true for eons: Things that come out of the ground & skilled labor. Crypto doesn't tick either box, so until I NEED it to transact, it's a hard "NO" for me. All extra FRNs get converted to gold. Essentially the definition of money...
I agree with the critique that the blockchain/transaction history being public is a privacy flaw. But there seems to be no other option in order to make it open source and decentralized so no government or bank can cheat or control it. It's a small price to pay. And your transaction history is pseudonymous, you can send it through mixers and create a new change address each time you buy something which make it much harder to track. Of course a government can get a warrant and force a crypto exchange to hand over all their data on were you withdraw your money, but they can already do that with banks.
I still love gold, and unlike crypto or cash, it's rarity is protected by the laws of physics. But it's just too inconvenient to buy groceries with it. So that leaves you with 2 choices.
In a future where crypto is widely adopted and accepted everywhere, where you can buy gas or pay household bills with it. You can choose between having FRN's losing value sitting in your bank account for your monthly expenses, or the alterntive that does everything you need without losing value. What are people going to choose? They already choose cash over gold. Are they gonna choose crypto over cash once it becomes easy?
And i don't want them to. I believe the White Hats will allow fiat to fail or at least go into hyperinflation, this will transition everyone to the crypto standard, and then the national debt can easily be paid off. Or perhaps Trump has a different plan where, as inflation gets worse, holders of US Treasury bond's will be offered to exchange it to a bitcoin bond and receive interest paid in BTC instead or something like that. I'm optimistic that America will lead the way for the crypto revolution and letting it be a national currency that you can pay taxes with, Once Q fully controls the U.S. govt.
And then the writing will be on the wall for every other country, as citizens see the economic benefit and prosperity deflation and sound money brings. Like you said, they're addicted to money printing, but they won't have a choice once America leads the way, and they know their citizens will revolt if they don't follow suit.
Bitcoin came out right after 2008 financial crisis, when the Cabal elites needed more and more innovative places to store their wealth.
The name Satoshi Nakamoto itself is quite interesting.
In Japanese:
Satoshi (智) - Intelligence
Naka (中) - [Center[(https://jisho.org/word/%E4%B8%AD)
Moto (元) - Origin
People think its a play on word for Central Intelligence Agency
But there is a bigger dimension to this. Bitcoin, most definitely would never work as a world freedom currency (without making compromises that beats the purpose, like lightening network built on top of it) was a poison pill to begin with.
However, because of Bitcoin, common people now understand the idea of a freedom currency. (Its like the movie Matrix made it easy for people to understand the idea of a digital prison that we live in).
Now that idea is becoming reality via Trump's Genius Act and the new Stable currencies yet to be released, that allows everyone to own Treasuries without a middleman or without Banks taking the cut off the top.
Like everything else, BHs built things to oppress us, but the WHs guided the same to help us help ourselves.
(Like Social Media started with Lifelog project to track individuals. But social media evolved into digital information battlefield where we are kicking ass.)
Dual purpose.
So basically we let them build the weapon they thought gun would destroy us, the use it to destroy them. Art of war.
That’s the story of the last 400 years. Classic example - US of A
Doesn’t matter who builds the tools It’s about who wields that tool.
Interesting with the CIA connection.
I believe the White Hats knew Bitcoin would be slowed down and sabotaged, making transaction ridiculously expensive like when they were $10+ for months at a time, making it unusable for an everyday currency, and forcing silly solutions like the lightning network. They knew it would happen and Bitcoin forked into Bitcoin Cash, carrying on the original vision and increasing the blocksize to keep up with improved internet and hard drives. Right now, there isn't a crypto capable of handling the amount of transactions Visa does, while keeping crypto mining decentralized and accessible to the average person, but in a decade or too, the block size can keep increasing up to a few Gb, which should be enough to compete with Visa and stuff. And people running nodes can prune the block chain to reduce the storage needed. I can already get Gigabit internet in my small town in the UK.
Are nsa the good guys or bad guys?
I got a meme for that. Hollywood and the MSM portray the NSA as bad and invading your privacy.