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Reason: None provided.

Let me throw a theory out there:

Crypto right now is "bad", for the same reason a fiat-backed paper Dollar is bad. There is no intrinsic value to it, scarcity can be changed on a whim (money printer go brrr) and it's worth what Wall Street says it is. On top of that, there's literally a new pump-and-dump shitcoin minted every day, that Zoomers and Millenials are dropping paychecks on. Most end up bagholders, some make a few bucks, but in the end the house wins and roulette has a better payoff. Bitcoin, arguably the most stable out there, might be sufficient as a store of value or a speculative equity, but technical challenges with how it implements proof-of-work that make it undesirable as a currency.

Trump (and Mnuchin) know there is a bright future to crypto. But not in the current wild west state where a normal Dick or Jane can get fleeced. Certainly not in some cabal-controlled Fedcoin tied to your social credit score and fully traceable down to the penny, except for the elite holders.

Something needs to be done to make crypto a truly viable alternative. Whatever that "thing" is, it's going to be intensely unpopular. It's a big bandaid that needs to be torn off; like the Afghanistan pullout, the manufactured shipping crisis to hand China their ass, and the pain caused by shortages yet needed to return manufacturing to our shores.

What if this was a deliberate decision handed off to the Bidan regime to be the public face of failure? To act as the fall guy for when it goes wrong, so white hats can swoop in later to put it right, and give birth to NESARA... but under a different mask that younger generations can understand the value in?

2 years ago
1 score
Reason: Original

Let me throw a theory out there:

Crypto right now is "bad", for the same reason a fiat-backed paper Dollar is bad. There is no intrinsic value to it, scarcity can be changed on a whim (money printer go brrr) and it's worth what Wall Street says it is. On top of that, there's literally a new pump-and-dump shitcoin minted every day, that Zoomers and Millenials are dropping paychecks on. Most end up bagholders, some make a few bucks, but in the end the house wins and roulette has a better payoff. Bitcoin, arguably the most stable out there, might be sufficient as a store of value or a speculative equity, but technical challenges with how it implements proof-of-work that make it undesirable as a currency.

Trump (and Mnuchin) know there is a bright future to crypto. But not in the current wild west state where and normal Dick or Jane can get fleeced. Certainly not in some cabal-controlled Fedcoin tied to your social credit score and fully traceable down to the penny, except for the elite holders.

Something needs to be done to make crypto a truly viable alternative. Whatever that "thing" is, it's going to be intensely unpopular. It's a big bandaid that needs to be torn off; like the Afghanistan pullout, the manufactured shipping crisis to hand China their ass, and the pain caused by shortages yet needed to return manufacturing to our shores.

What if this was a deliberate decision handed off to the Bidan regime to be the public face of failure? To act as the fall guy for when it goes wrong, so white hats can swoop in later to put it right, and give birth to NESARA... but under a different mask that younger generations can understand the value in?

2 years ago
1 score