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180
BITCOIN IS NOT WHAT I THOUGHT (media.greatawakening.win) 🗣️ DISCUSSION 💬
posted 105 days ago by hippielouie 105 days ago by hippielouie +180 / -0
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▲ 6 ▼
– hippielouie [S] 6 points 105 days ago +6 / -0

lol i had NO idea. bitcoin is greek to me, but this info is very interesting, the LONG GAME

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▲ 17 ▼
– bubble_bursts 17 points 105 days ago +17 / -0

Bitcoin was released right after the 2008 financial crisis and the 25 Trillian bailout by Obama. The Banksters needed new places to put their money without raising redflags. They also needed a digital currency for future when they could control us all.

So they created Bitcoin with purposeful limitations - uses too much energy, small blocksize, etc. It was never intended to be a freedom currency. Infact, it can never be a freedom currency because of its fundamental nature.

It served as a way to tease us into digital gulag, while being able to park their ill gotten gains.

WHs knew this all the time and they let it play out. Trump stepped in at exactly the right time with the Genius Act and Clarity Act. He took control of the weapon they had unleased, and turned it against them (they still think they have control over it).

Bitcoin might have been a teaser, but tease it did. It got too many people craving for real freedom and you cannot put that genie back in the box.

All we need to do next is to wait for the real technology, the one that conforms to these acts and provide a truly transparent and private enough stablecoins that can be used for US to issue debt directly to people without Banksters in the middle.

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▲ 7 ▼
– MemeToDeath2021 7 points 105 days ago +7 / -0

It served as a way to tease us into digital gulag,...

Not originally. It was developed by whitehats starting just after JFK assassination with first major public paper on its possibility published in 1970s. Attempted interference under Carter admin, accelerated under Reagan, then went underground under Bush-Clinton. Originally release was going to be 1999, then delayed due to lagging internet infrastructure and Tech Crash.

It was specifically developed as the ultimate weapon against the global central banks. Then co-opted by Deep State after 2009 to be used for UBI eventually, then taken back by Patriots partially under Trump I (evidenced by creation of Chainlink and XRP which have no purpose if Bitcoin is globalist controlled).

Weaponized again under Biden with unconstitutional KYC bullshit (actual Digital ID with location tracking "registered device") which has yet to be fully rolled back under Trump II. Key milestones 2025->hashrate equivalent to energy of all worlds' militaries, first Bitcoin node in space in ~2026 on StarLink network. Bitcoin now unkillable.


1 BTC = $100M FedResNotes in 2036 makes 1 satoshi = $1 (FRN) and central banks permanently irrelevant.



22MAY2012: Google patent stripping of Motorola was Deep State Bitcoin patent hunt: https://greatawakening.win/p/15HvPn5IUa/pepperidge-farm-remembers-the-di/

Sa-Toshi Naka-Moto = Samsung Toshiba Nakamichi Motorola Consortium ~1988-2008?

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▲ 2 ▼
– bubble_bursts 2 points 105 days ago +2 / -0

first major public paper on its possibility published in 1970s

Do you have the link for this?

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▲ 4 ▼
– DRan 4 points 105 days ago +4 / -0

This is the best I can find for the effort I'm willing to give on the topic. https://cdn.mises.org/Denationalisation%20of%20Money%20The%20Argument%20Refined_5.pdf

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▲ 1 ▼
– MemeToDeath2021 1 point 105 days ago +1 / -0

"New Directions in Cryptography.” In 1976, cryptographers Whitfield Diffie and Martin Hellman published a paper that outlined the concept of public-key cryptography, which Bitcoin later used to specify ownership.

A separate paper laid out "hashing" (Merkele?) which became basis for "hashrate" as a measure of "energy required to hack".

Discussion: https://www.digitalfamilyoffice.io/how-70s-cryptography-became-the-foundation-of-bitcoin/

PDF of paper [12 pages]: http://staff.ustc.edu.cn/~syang/docs/DiffieHellman.pdf

Takeaway:

We're gonna need a bigger server.

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... continue reading thread?
▲ 3 ▼
– kosher 3 points 105 days ago +3 / -0

I always thought it was another lane in the highway to subvert physical demand for gold, but I never thought of it that way. Back then all money never left the banks and went into the economy, it was just plugging holes in their balance sheet. It would make sense for them to use it in this way.

That Michael Saylor is a con man though and when he gets rug pulled it's going to get ugly.

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▲ 1 ▼
– MemeToDeath2021 1 point 105 days ago +1 / -0

Bitcoin at ~$6.7M makes it the #1 asset in the world @$135T (on par with whole world GDP at that time) and makes MSTR the most valuable company in the world. This is expected to occur sometime in 2030-2032 timeframe. Saylor's/MSTR's 4x "Bitcoin bonds" each hedge risk in a precisely different way and encourage capital flows out of fiat by large corporations. He is the face, but not the true financial genius at MSTR.

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▲ 1 ▼
– kosher 1 point 104 days ago +1 / -0

No doubt it's had temendous success but the issues started when it became financialized and it will be beholden to it. While it's touted as digital gold it doesn't trade like it, and it doesn't have the same dynamics of the gold market.

Saylor is adopting Hunt Brother tactics that won't end well and should never have been allowed to build such a net concentration, and at the expense of printing preferred shares and dilluting shareholders. It just reeks of ponzi, and the moral hazard as well knowing he would need to get bailed out if shit really hit the fan. Whether it's Saylor or not, I forsee MSTR going the same ways of LTCM finanial wizardry.

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▲ 1 ▼
– deleted 1 point 104 days ago +1 / -0
▲ 4 ▼
– MidnightToker 4 points 105 days ago +4 / -0

What's greek for tulip bulb?

I think crypto was used to test out various digital currency programs. They're looking to create a currency crisis as an excuse to switch over. I'd bet on either a stablecoin backed by treasuries or gold/metals. Tether has ties to Trump and is sitting on over $24B in gold. The treasuries allow them to keep the paper Ponzi alive while being able to program interest. Want to slow the economy, raise interest which would promote savings, or lower which would make you want to spend it. Either way, "currency crisis" is being floated around which is their way of telling us what they're going to do. Debasement, aliens, it doesn't matter, it will happen. The solution to any crisis is always more control. 9/11 > patriot act.

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▲ 3 ▼
– TaQo 3 points 105 days ago +3 / -0

What's greek for tulip bulb?

♥️♥️♥️♥️♥️

Ready for a chuckle?

👇👇👇👇👇

Google this question:

Has Satoshi ever been seen in public?

u/#sassypopcorn

Where's u/Greekish when you need him?

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▲ 1 ▼
– Malachi3vs16 1 point 105 days ago +1 / -0

maybe not without a mask?

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▲ 1 ▼
– queue-anon 1 point 105 days ago +1 / -0

u/#sassypopcorn

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