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Or it could be a honeypot.

Bitcoin may be out of control of the cabal, or it may not be. The CCP owns and mines the most Bitcoin.

Bitcoin is not backed by anything. While it takes value to make (energy) it has no intrinsic value. You can't use a Bitcoin to make anything else, even in the digital world (unlike say, silver or gold). Every Bitcoin transaction is traceable from cradle to grave (especially by an outfit like the NSA or any other government equivalent).

I admit it is better than the Oil-dollar in many ways, but it has many, deep, deep flaws. I personally think its a honeypot.

3 years ago
1 score
Reason: Original

Or it could be a honeypot.

Bitcoin may be out of control of the cabal, or it may not be. The CCP owns and mines the most Bitcoin.

Bitcoin is not backed by anything. While it takes value to make (energy) it has no intrinsic value. You can't use a Bitcoin to make anything else, even in the digital world (unlike say, silver or gold). Every Bitcoin transaction is traceable from cradle to grave (especially by an outfit like the NSA or any other government equivalent).

I admit it is better than the Oil-dollar in many ways, but it has many, deep, deep flaws. I personally think its a honeypot.

3 years ago
1 score