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Space_Monkey 2 points ago +2 / -0

True but if you buy an Android phone from a typical phone store it will have the manufacturer's OS which includes all their proprietary bells and whistles. The only way to get a true degoogled phone is to install the OS yourself, and that requires an unlocked bootloader and a certain degree of willingness to void warranties.

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Space_Monkey 2 points ago +2 / -0

Google phones are actually best for de-googled Android. The hardware in them is highly standardized and reliable so it makes development much easier than on other phones.

Check out xda-developers.com for custom android software

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Space_Monkey 1 point ago +1 / -0

You don't understand inflation. Inflation is just adding to the currency supply. The 21m bitcoins will not be completely mined until around the year 2140. After that there will be no more inflation, ever. The value of 0.000001 BTC may be the equivalent of $1,000,000 in today's fiat terms, but that is not inflation. Actually it's deflation because every little bit will go further and as time goes on, supply will dwindle lower and lower driving the value up even further.

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Space_Monkey 1 point ago +1 / -0

Read the original whitepaper and then tell me the fed created it.

https://bitcoin.org/bitcoin.pdf

The original design of Bitcoin destroys all the scam models of the fed - no central authority, private keys to spend funds, predetermined inflation rate, decentralized issuance.

Only people who haven't studied Bitcoin history believe the fed created it.

HOWEVER as I've said elsewhere, there was a hostile takeover of the crypto space around 2015-2017 and since then the Bilderbergs have had control of Bitcoin development.

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Space_Monkey 1 point ago +1 / -0

Inflation is just adding more currency supply. Price/value is a secondary effect of this.

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Space_Monkey 2 points ago +2 / -0

Also Bitcoin isn't Bitcoin. Central bankers captured/hired all the devs and have been directing it since 2017, disabling planned features and basically making it useless for anything other than speculating.

Bitcoin Cash (BCH) forked the project and kept the original ethos alive, and it became one of the most heavily vilified coins for it.

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Space_Monkey 1 point ago +1 / -0

Let me explain this "no inherent value" idea as it applies to crypto. First of all "Bitcoin" and "crypto" are different things. You can talk all day about most cryptos (not all) being conjured out of thin air, and they are. But Bitcoin actually requires work to be put in by someone for it to keep running, and has a limited supply of 21 million coins. No one has complete authority over the network, therefore no one can change the supply cap or inflation parameters, or produce new coins arbitrarily. We know exactly how many bitcoins exist now, and at any particular time, past, present, or future. The rate of coin issuance is preprogrammed and deflationary over the long run. It is impossible to forge, edit, reverse, or delete transactions. It is impossible for anyone to freeze or seize another person's wallet (not considering social engineering).

Why would a central bank invent something like Bitcoin? They wouldn't. If the whole world ran on Bitcoin, there could be no Fed. It destroys all of their scams. But something happened in 2017 and the years leading up to it. The Bitcoin community was infiltrated and the industry captured by scam artists led by people promoting other coins which lacked the robust fundamentals of Bitcoin. They told people it was all about getting rich and driving Lambos. This is what led to the rise of "shitcoins" and the centralized exchanges that facilitate them.

On the point about energy consumption, there has been some discussion about using the computational power of the Bitcoin miners to act as a sort of public cloud supercomputer. Bitcoin can already do this, but the feature was disabled years ago (along with many other things), presumably due to the fact that the Bitcoin core developers were pressured by external forces who favor the status quo and do not want Bitcoin to succeed.

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Space_Monkey 1 point ago +1 / -0

It's hilarious/interesting that anyone thinks "shutting down the government" means closing access to national forests. How exactly is that supposed to help anything?

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Space_Monkey 2 points ago +2 / -0

TL;DR:

So apparently the planned acquisition of FTX by Binance, if it had gone through, would have left Binance holding the bags for the whole scam, and taken out all major competitors to the US-regulated stablecoin issuers, effectively giving them a monopoly. But CZ (CEO of Binance) didn't take the bait and exposed the scam by causing a run on withdrawals when he announced they would NOT buy FTX.

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Space_Monkey 4 points ago +4 / -0

"When they have a military boot in their face, THEN they will understand. But not before."

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Space_Monkey 1 point ago +1 / -0

Earlier this year they stated they would be downranking 'misinformation' regarding the Ukraine war.

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Space_Monkey 2 points ago +2 / -0

There are also plenty of ways to cover your tracks online. Just depends how far you want to go. It's a trade off between privacy and convenience. There is also a learning curve and is more difficult if you are not tech savvy.

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Space_Monkey 2 points ago +2 / -0

Yeah how many people are gonna put their poop under a microscope?

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Space_Monkey 5 points ago +5 / -0

Don't worry, even the real ones are counterfeit.

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Space_Monkey 1 point ago +1 / -0

Silver is a parallel system? I didn't know it could be sent electronically.

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Space_Monkey 1 point ago +2 / -1

Or maybe crypto? Why dump one fiat platform for another that is subject to the same monetary policies?

Crypto stored offline cannot be seized or frozen or censored.

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Space_Monkey 13 points ago +13 / -0

I believe they all do that and it's been that way since day one.

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