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Space_Monkey 5 points ago +6 / -1

Nah, if they cancel the election then it goes to a 12th amendment vote in the House which would take place on Jan 6.

I could see Kamala trying to pull a Katie Hobbs move and certify her own election but I don't see that going her way.

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Space_Monkey 5 points ago +5 / -0

I wish people would get over this idea of paying taxes as somehow being a "patriotic duty". Taxes are pure theft of our energy and resources for the sole purpose of keeping us from getting too powerful or becoming independent.

In a fiat economy where the government can print as much currency as they want, taxes are completely unnecessary except to provide the illusion that you are actually contributing to society, but we know that's not where that money goes.

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Space_Monkey 1 point ago +1 / -0
  • Election Day comes and goes. Harris steals it, but it's overtly obvious.
  • Precincts refuse to certify, recounts everywhere.
  • Many counties/precincts will have invalid or uncertifiable results, some may call for a new local election
  • Down ballot races go strongly for Trump candidates, but for President the electors will be in question.
  • Jan 3 new Congress is sworn in. If no president has been chosen then the House must vote (12th Amendment).
  • Jan 6 Congress cannot certify the election, Kamala tries to steal it for herself as VP, but it doesn't go her way and Trump wins by 12th Amendment vote in the House.
  • Jan 20 Trump is inaugurated under proper military protection.
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Space_Monkey 2 points ago +2 / -0

The thing that is missing from the crypto discussion is privacy. XRP, BTC, or any other blockchain being supported by any government or corporation is fully transparent, making it difficult, expensive, or outright impossible to use anonymously. This makes it not fungible and therefore not money.

They don't want people making transactions that can't be traced to a specific ID. That's why privacy coins have been essentially banned from all major exchanges. Monero is the top privacy coin but there are a lot of other promising ones out there, even ones that support tokenization, smart contracts, and even stablecoins.

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Space_Monkey 1 point ago +1 / -0

I disagree that FDA regulated prevents any of that. It's actually kinda the opposite. They just approve something like glyphosate and call it "safe and effective" and boom all regulated products start doing it because why not?

On the other side, people who actually know what's going on want quality organic product and you just can't know what you're getting if you don't know the source. Government regulation never fixed anything and weed is no different.

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Space_Monkey 4 points ago +5 / -1

The thing is, I still prefer black market weed. The shit coming from "regulated" legal sources are so mass produced and optimized for THC % and it has become an unnatural product. I'd much rather have a good homegrow where I know it wasn't sprayed with pesticides and shit.

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Space_Monkey 2 points ago +2 / -0

That's why I said "aside from the price inflation".

How many people are using BTC to buy actual goods and services on a day to day basis? There has been net negative adoption since late 2017 when BTC had its first major crash in the limelight after pumping to almost $20k. When that happened the Bitcoin Core developers were literally toasting champagne with each other to celebrate the total congestion of the network.

1
Space_Monkey 1 point ago +3 / -2

Unfortunately BTC was captured back in 2016-2017. There is a reason it hasn't grown significantly since then, aside from the price inflation due to Tether and other market manipulation.

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Space_Monkey 1 point ago +1 / -0

The one I'm talking about, I think the experience was traumatizing for her. She was pregnant when she got spayed and also when the tech went to reach into the kennel and grab her to give the shot to knock her out, she got really scared and freaked out. Since then she has been pretty skittish and wasn't that way before.

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Space_Monkey 7 points ago +7 / -0

All I can say is my cats all had a rabies shot when they got spayed, because they told me it was required by law. That was the only shot any of them ever got and it was about 5 years ago. One of them had a change of behavior afterward but not obvious enough to blame the shot.

Dr. Judy Mikovits says that rabies is the only vaccine she would ever get or recommend. I want to believe it's benign but I would rather not give any injections at all.

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Space_Monkey 11 points ago +12 / -1

It basically is.

  • centralized ledger
  • controlled by a private corporation
  • no proof of work or reserves
  • permissioned validators
  • no privacy
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Space_Monkey 10 points ago +10 / -0

With everything pointing to the Secret Service coordinating the attack, when is the media or any government official going to start realizing Crooks wasn't the actual shooter? They are all still running with the lone shooter narrative and making it look like incompetence rather than malice. Clearly they are covering something up and everything we're being told by executive agencies is a lie.

Not saying the entire SS was in on it, but most were kept out of the loop. You only need a handful of people to actually be in on it.

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Space_Monkey 9 points ago +9 / -0

The word "apocalypse" means "lifting of the veil"

1
Space_Monkey 1 point ago +1 / -0

I think he's saying bleed out as in the heart pumping blood through an open wound. A headshot stops the heart instantly so there would only be passive bleed out. Sorry about your brother.

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Space_Monkey 2 points ago +2 / -0

Democracy: inclusive meaning anyone with a pulse can participate with no restrictions.

Republic: exclusive association where only the members (citizens) have a right to participate.

1
Space_Monkey 1 point ago +1 / -0

Would you include all of their alter ego personalities?

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Space_Monkey 2 points ago +2 / -0

No problem! Thanks for asking good questions.

I can't see the future obviously, so it's anyone's guess what will happen, but if you think about those other industries you mentioned, how would they work if they weren't based on a currency that can just arbitrarily print more units whenever needed?

What if the government did not have monopolistic control over the money supply? What if they had to provide a real service and earn their money like the rest of us?

Most people earn their money by trading their time and energy at a day job. Your time is finite and scarce, but the currency you earn is infinite. What if you ignored the USD valuation of bitcoin and focused on earning directly in a currency that you know will appreciate relative to USD? What if you had access to cheap energy to run mining rigs at home, and they earned enough to totally offset your energy bill and then some? Could you quit your job and dedicate more time to doing what you love? Spend more time with your family? Improve your quality of life? Start a business?

1
Space_Monkey 1 point ago +1 / -0

If you actually look into how LN works, it's essentially a fractional reserve banking system that overlays the BTC layer 1 network which enables all the same problems of the legacy financial system that Bitcoin originally solved.

The way they want LN to work is a pipe dream though. It has so many technical problems like channel liquidity and adds so many layers of complexity that makes it so you HAVE to use custodial services unless you want to run your own infrastructure which basically requires a computer science degree. It also introduces risks such as:

  1. You have to open a channel with someone else to transact, pre-filled with the amount of BTC you want to transact over the long term.
  2. You still have to pay the L1 fees to both open and close a channel.
  3. You must be online in order to receive payment - this is not the case with base layer BTC.
  4. If you can't be online 24/7 you need to set up a "watchtower" (i.e. pay a third party to watch for incoming transactions).
  5. If you go offline your counterparty can close the channel and steal the funds.
  6. You need to have 8-15 channels at any given time with other random people running LN with enough liquidity in each channel to support relaying transactions between other users.
  7. BTC L1 is limited to 1 megabyte of transaction data every 10 minutes, so it would take something like a thousand years to onboard everyone in the world with a LN account.

There's more but like I said it gets really complicated. I've been using crypto since 2016 and I don't want to touch LN with a 100-foot pole.

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Space_Monkey 2 points ago +2 / -0

What kind of physical storage? A safety deposit box?

Lots of options: Encrypted thumbdrives, specially designed hardware wallets, an old cell phone, and for backups you can etch your private key into steel.

Where is the ledger? Who has access to it? Can it be corrupted?

Anyone can download the full node software and retain a copy. It's completely public and permissionless. No one owns or controls it. There are tens of thousands of copies around the world, all constantly checking each other to make sure it's not corrupted.

Who owns the ledger?

No one!

How do you spend bitcoin at a farmer's market or a kids school fundraising popcorn sales?

Just talk to the merchant, have them set up a wallet and then scan their QR code.

How does one know how much bitcoin they truly have? Is Math required? Or is counting sufficient?

The wallet software automatically keeps track of your balance. If you have multiple wallets or coins other than BTC it gets more complicated but there are multicoin wallets that support that too.

Does the value of bitcoin change? Why? Who sets its value?

No one "sets" the value. it's determined by supply and demand. BTC max supply is 21 million, released according to a predetermined inflation schedule over the next ~140 years, USD supply is essentially infinite, therefore BTC is deflationary over time relative to USD.

Is it true currency or currency already corrupted by fraud and misrepresentation?

Since it can't be directly controlled, TPTB have tried all kinds of tricks to manipulate the market. The biggest issue is Tether (USDT), which is basically a private entity that prints its own tokens and claims 1 USDT = 1 USD, but they have no backing whatsoever, and they will use this to buy up BTC when economically convenient for the big institutions. For whatever reason, people just accept it, but it is the elephant in the room when it comes to BTC's "store of value" proposition.

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Space_Monkey 1 point ago +1 / -0

The problem with El Salvador's implementation of BTC is they are using the custodial Lightning Network and onboarding people through that. They essentially have a BTC-LN central bank/node and all wallets are connected through it like bank accounts.

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Space_Monkey 4 points ago +6 / -2

Is Bitcoin tangible?

As tangible as the dollars in your bank account. Arguably more so, since you can actually hold your own private wallet and put it on physical storage.

Is it Constitutional?

Why wouldn't it be? It's a transparent decentralized ledger with a finite supply that is not controlled by anyone so no one can manipulate the supply like the Federal Reserve does with the dollar. Just like no one can print more gold out of thin air, the same is true of bitcoin.

Is it a pyramid scheme to enslave those who don't have the knowledge of it?

BTC was originally freedom money but it was hijacked and has been turned into something it was not designed to be. It was supposed to be peer to peer digital cash, but the peer to peer function has been degraded to the point that it's impractical to use it that way.

Is it safe? What does it depend upon? Energy?

If you're talking about security of your own funds, it's as safe as you make it. If you're talking about the network as a whole, it's safe as long as anyone in the world is maintaining at least one copy of the blockchain. The entire internet could go down and yes it would still be safe. Energy is a factor only for miners.

How does it fit in the 20 things on Trump's platform, particularly the item to make the U.S.Dollar the world currency? Or did I read that correctly?

I don't know the 20 things you're talking about, but as far as the dollar, if it became tied to BTC like it used to be tied to gold, then the dollar would become sound money once again.

Is Bitcoin minted?

It is mined, not minted, and anyone with the resources and desire can do it. There are no specially designated entities who can punish you for mining without a license.

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Space_Monkey 5 points ago +5 / -0

Not only her, but her boss Alejandro Mayorkas who must have authorized it, probably coached her before she gave testimony, and leading back to Biden who also must have authorized it (not Biden himself but his controller Obama). Remember they believe they have presidential immunity. The only way to remove that immunity is impeachment.

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