Windparadox
Gold Member
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I invest in gold. Tangible gold. Gold I have immediate access to.
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I invest in gold. Tangible gold. Gold I have immediate access to.
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Bitcoin blew up again, now well over 5k. Ethereum also climbing, trading at 330 right now.
In the meantime it seems the world is waking up to blockchain
'We are about to see massive disruptions': IMF chief on digital currency future
"We are about to see massive disruptions': IMF's Lagarde says it's time to get serious about digital currency"
Well, no shit, Sherlock. Lol.
"It's time for the world's central banks and regulators to get serious about digital currencies, according to the head of the International Monetary Fund.
Global financial institutions are taking risks by not watching and understanding emerging financial tech products that are already starting to shake up the financial services and global payments system, according to IMF Managing Director Christine Lagarde.
"I think that we are about to see massive disruptions," Lagarde told CNBC in a Facebook Live interview on the sidelines of the IMF Annual Meetings in Washington D.C.
Asked whether she agreed with JPMorgan Chase CEO Jamie Dimon'scomments that bitcoin is a "fraud," Lagarde said it's important to look at the broader implications of technologies like digital currencies.
"I think we should just be aware of not categorizing anything that has to do with digital currencies in those speculation, ponzi-like schemes," she said. "It's a lot more than that as well."
This is an important post.
I notice you ignored this post, which is very important.. . .
Invest in land.
Bitcoin can evaporate if someone turns off the electricity.
See, the thing is, when you follow global politics, the IMF, the BIS, etc., you understand, that THESE are the folks that run the world.
Do you know what the petro-dollar is? These folks that meet at Davos, these are the puppets that formed the global economy at Bretton Woods after WWII, that meet at Bilderburg, etc., the "masters of the universe," as it were, they have a plan, and cryptos were never a part of it for them. These exchange systems allow way to much freedom for the average person, they do away with the need for rulers, institutions and governments.
AGW is NOT about global warming, it is about control of energy, resources, food, etc. Cryptos rely on energy, as does the information economy. If AGW were real, as real as they want the world to think it is, they would have gotten rid of the petro-dollar long ago.
This should give you an indication of how much of a real threat Cryptos are to Agenda 21, and what a long term risk they are to your personal portfolio. The global governments WILL either take control of cryptos, or pull they will pull the plug eventually, count on it. If they have started wars in every nation to take control of their banking systems, what makes you think they will not pull the plug on these if they become a threat to the established monetary order?
Seriously?
Satoshi Nakamoto on the matter
"It would have been nice to get this attention in any other context. WikiLeaks has kicked the hornet's nest, and the swarm is headed towards us."
One of his last posts before disappearing.
https://bitcointalk.org/index.php?topic=2216.msg29280...
I did ignore that post on the electricity, but only because I found it to be non-serious and intentionally so. In other words I thought the poster was just screwing around.
It is also wrong. It is a decentralized, global network with just under 10,000 nodes running. Nobody and nothing can just "turn off the electricity" unless they want to shut down the entire power grid of the planet and shut down the satellites that are now running nodes as well.
They can make it illegal and maybe they will try to do just that, which would be more on point to the actual discussion you seem to be forwarding.
Thing is, people have been saying this for quite a long time. Could it happen? Sure. Lots of things can happen, and people like Dimon at Chase are definitely going to give it a shot, which I have no doubt about, for the simple reason that it very definitely poses a threat to their absolute control of the system, so I don't actually disagree with you there. Those bastards will "lobby" their congresspeople to the best of their ability I have no doubt.
will they be successful. I don't know. what I do know is that they've been kicking it in the balls since Day 1 and the market is growing, uses are growing, adoption is growing, regulation is forming around it, but nothing to this point indicates a movement to make it illegal.
I'll hold my stuff for now, but I don't ignore the actions of the powers that be either, as I do obviously recognize the threat they pose with respect to these assets and their value.
Uh huh?
Barter your bit coin for food. The transaction requires that the guy who grew the crop has a bit coin account,
We have a binder full of morons.
Bitcoin blew up again, now well over 5k. Ethereum also climbing, trading at 330 right now.
In the meantime it seems the world is waking up to blockchain
'We are about to see massive disruptions': IMF chief on digital currency future
"We are about to see massive disruptions': IMF's Lagarde says it's time to get serious about digital currency"
Well, no shit, Sherlock. Lol.
"It's time for the world's central banks and regulators to get serious about digital currencies, according to the head of the International Monetary Fund.
Global financial institutions are taking risks by not watching and understanding emerging financial tech products that are already starting to shake up the financial services and global payments system, according to IMF Managing Director Christine Lagarde.
"I think that we are about to see massive disruptions," Lagarde told CNBC in a Facebook Live interview on the sidelines of the IMF Annual Meetings in Washington D.C.
Asked whether she agreed with JPMorgan Chase CEO Jamie Dimon'scomments that bitcoin is a "fraud," Lagarde said it's important to look at the broader implications of technologies like digital currencies.
"I think we should just be aware of not categorizing anything that has to do with digital currencies in those speculation, ponzi-like schemes," she said. "It's a lot more than that as well."
This is an important post.
I notice you ignored this post, which is very important.. . .
Invest in land.
Bitcoin can evaporate if someone turns off the electricity.
See, the thing is, when you follow global politics, the IMF, the BIS, etc., you understand, that THESE are the folks that run the world.
Do you know what the petro-dollar is? These folks that meet at Davos, these are the puppets that formed the global economy at Bretton Woods after WWII, that meet at Bilderburg, etc., the "masters of the universe," as it were, they have a plan, and cryptos were never a part of it for them. These exchange systems allow way to much freedom for the average person, they do away with the need for rulers, institutions and governments.
AGW is NOT about global warming, it is about control of energy, resources, food, etc. Cryptos rely on energy, as does the information economy. If AGW were real, as real as they want the world to think it is, they would have gotten rid of the petro-dollar long ago.
This should give you an indication of how much of a real threat Cryptos are to Agenda 21, and what a long term risk they are to your personal portfolio. The global governments WILL either take control of cryptos, or pull they will pull the plug eventually, count on it. If they have started wars in every nation to take control of their banking systems, what makes you think they will not pull the plug on these if they become a threat to the established monetary order?
Seriously?
Satoshi Nakamoto on the matter
"It would have been nice to get this attention in any other context. WikiLeaks has kicked the hornet's nest, and the swarm is headed towards us."
One of his last posts before disappearing.
https://bitcointalk.org/index.php?topic=2216.msg29280...
I did ignore that post on the electricity, but only because I found it to be non-serious and intentionally so. In other words I thought the poster was just screwing around.
It is also wrong. It is a decentralized, global network with just under 10,000 nodes running. Nobody and nothing can just "turn off the electricity" unless they want to shut down the entire power grid of the planet and shut down the satellites that are now running nodes as well.
They can make it illegal and maybe they will try to do just that, which would be more on point to the actual discussion you seem to be forwarding.
Thing is, people have been saying this for quite a long time. Could it happen? Sure. Lots of things can happen, and people like Dimon at Chase are definitely going to give it a shot, which I have no doubt about, for the simple reason that it very definitely poses a threat to their absolute control of the system, so I don't actually disagree with you there. Those bastards will "lobby" their congresspeople to the best of their ability I have no doubt.
will they be successful. I don't know. what I do know is that they've been kicking it in the balls since Day 1 and the market is growing, uses are growing, adoption is growing, regulation is forming around it, but nothing to this point indicates a movement to make it illegal.
I'll hold my stuff for now, but I don't ignore the actions of the powers that be either, as I do obviously recognize the threat they pose with respect to these assets and their value.
Uh huh?
Barter your bit coin for food. The transaction requires that the guy who grew the crop has a bit coin account,
We have a binder full of morons.
Useful currencies have a relatively stable value.
Nobody wants to use one that has massive changes in value.
The crash is gonna be ugly.
The key word is 'useful'.
A roll of toilet paper in Venezuela will buy much much more than a million dollars of bitcoin.
I've been following the Bitcoins ever since they cost $0.1 Since they cost $1, I'm constantly biting my elbows
In 2014 I mined and trading 0.25BTC, but it was stolen, when the Cryptsy Exchange was hacked
`I invested in gold and silver. Held it for several years and lost about fifteen percent. I do like to occasionally take the coins out to look at them, but they have proven to be a bad investment for me.Now my extra money goes into cryptocurrency. In one year I made 7 times my investment in bitcoin. I made 25 times my investment in Ethereum. Investing in cryptocurrency was the best decision I ever made. I encourage everyone to get into cryptocurrency. Open an account at coin base. Buy btc, eth, ltc.
I invested in gold and silver. Held it for several years and lost about fifteen percent. I do like to occasionally take the coins out to look at them, but they have proven to be a bad investment for me.`
`
I invest in gold. Tangible gold. Gold I have immediate access to.
Now my extra money goes into cryptocurrency. In one year I made 7 times my investment in bitcoin. I made 25 times my investment in Ethereum. Investing in cryptocurrency was the best decision I ever made. I encourage everyone to get into cryptocurrency. Open an account at coin base. Buy btc, eth, ltc.
What is the difference between bitcoin clicking money into existance and The Federal Reserve.....same scam it seems to meBitcoin blew up again, now well over 5k. Ethereum also climbing, trading at 330 right now.
In the meantime it seems the world is waking up to blockchain
'We are about to see massive disruptions': IMF chief on digital currency future
"We are about to see massive disruptions': IMF's Lagarde says it's time to get serious about digital currency"
Well, no shit, Sherlock. Lol.
"It's time for the world's central banks and regulators to get serious about digital currencies, according to the head of the International Monetary Fund.
Global financial institutions are taking risks by not watching and understanding emerging financial tech products that are already starting to shake up the financial services and global payments system, according to IMF Managing Director Christine Lagarde.
"I think that we are about to see massive disruptions," Lagarde told CNBC in a Facebook Live interview on the sidelines of the IMF Annual Meetings in Washington D.C.
Asked whether she agreed with JPMorgan Chase CEO Jamie Dimon'scomments that bitcoin is a "fraud," Lagarde said it's important to look at the broader implications of technologies like digital currencies.
"I think we should just be aware of not categorizing anything that has to do with digital currencies in those speculation, ponzi-like schemes," she said. "It's a lot more than that as well."
This is an important post.
I notice you ignored this post, which is very important.. . .
Invest in land.
Bitcoin can evaporate if someone turns off the electricity.
See, the thing is, when you follow global politics, the IMF, the BIS, etc., you understand, that THESE are the folks that run the world.
Do you know what the petro-dollar is? These folks that meet at Davos, these are the puppets that formed the global economy at Bretton Woods after WWII, that meet at Bilderburg, etc., the "masters of the universe," as it were, they have a plan, and cryptos were never a part of it for them. These exchange systems allow way to much freedom for the average person, they do away with the need for rulers, institutions and governments.
AGW is NOT about global warming, it is about control of energy, resources, food, etc. Cryptos rely on energy, as does the information economy. If AGW were real, as real as they want the world to think it is, they would have gotten rid of the petro-dollar long ago.
This should give you an indication of how much of a real threat Cryptos are to Agenda 21, and what a long term risk they are to your personal portfolio. The global governments WILL either take control of cryptos, or pull they will pull the plug eventually, count on it. If they have started wars in every nation to take control of their banking systems, what makes you think they will not pull the plug on these if they become a threat to the established monetary order?
Seriously?
Satoshi Nakamoto on the matter
"It would have been nice to get this attention in any other context. WikiLeaks has kicked the hornet's nest, and the swarm is headed towards us."
One of his last posts before disappearing.
https://bitcointalk.org/index.php?topic=2216.msg29280...
I did ignore that post on the electricity, but only because I found it to be non-serious and intentionally so. In other words I thought the poster was just screwing around.
It is also wrong. It is a decentralized, global network with just under 10,000 nodes running. Nobody and nothing can just "turn off the electricity" unless they want to shut down the entire power grid of the planet and shut down the satellites that are now running nodes as well.
They can make it illegal and maybe they will try to do just that, which would be more on point to the actual discussion you seem to be forwarding.
Thing is, people have been saying this for quite a long time. Could it happen? Sure. Lots of things can happen, and people like Dimon at Chase are definitely going to give it a shot, which I have no doubt about, for the simple reason that it very definitely poses a threat to their absolute control of the system, so I don't actually disagree with you there. Those bastards will "lobby" their congresspeople to the best of their ability I have no doubt.
will they be successful. I don't know. what I do know is that they've been kicking it in the balls since Day 1 and the market is growing, uses are growing, adoption is growing, regulation is forming around it, but nothing to this point indicates a movement to make it illegal.
I'll hold my stuff for now, but I don't ignore the actions of the powers that be either, as I do obviously recognize the threat they pose with respect to these assets and their value.
Uh huh?
Barter your bit coin for food. The transaction requires that the guy who grew the crop has a bit coin account,
We have a binder full of morons.
Totally incorrect, of course. There are now debit cards that can be swiped like any other card, backed by bitcoin or other cryptos, with no difference on the front end whatsoever.
If that doesn't work for you they can be sold instantly to cash as easily as any other liquid asset, such as a stock or cd or whatever, wth that cash then transferred directly into your bank account as would be the case if you sold a stock or anything else.
Btc is up 700+% just this year. Ethereum is up more like 2-3000%.
Laugh at us "morons" all you like. We're laughing all the way to the bank. Lol.
What is the difference between bitcoin clicking money into existance and The Federal Reserve.....same scam it seems to meBitcoin blew up again, now well over 5k. Ethereum also climbing, trading at 330 right now.
In the meantime it seems the world is waking up to blockchain
'We are about to see massive disruptions': IMF chief on digital currency future
"We are about to see massive disruptions': IMF's Lagarde says it's time to get serious about digital currency"
Well, no shit, Sherlock. Lol.
"It's time for the world's central banks and regulators to get serious about digital currencies, according to the head of the International Monetary Fund.
Global financial institutions are taking risks by not watching and understanding emerging financial tech products that are already starting to shake up the financial services and global payments system, according to IMF Managing Director Christine Lagarde.
"I think that we are about to see massive disruptions," Lagarde told CNBC in a Facebook Live interview on the sidelines of the IMF Annual Meetings in Washington D.C.
Asked whether she agreed with JPMorgan Chase CEO Jamie Dimon'scomments that bitcoin is a "fraud," Lagarde said it's important to look at the broader implications of technologies like digital currencies.
"I think we should just be aware of not categorizing anything that has to do with digital currencies in those speculation, ponzi-like schemes," she said. "It's a lot more than that as well."
This is an important post.
I notice you ignored this post, which is very important.. . .
Invest in land.
Bitcoin can evaporate if someone turns off the electricity.
See, the thing is, when you follow global politics, the IMF, the BIS, etc., you understand, that THESE are the folks that run the world.
Do you know what the petro-dollar is? These folks that meet at Davos, these are the puppets that formed the global economy at Bretton Woods after WWII, that meet at Bilderburg, etc., the "masters of the universe," as it were, they have a plan, and cryptos were never a part of it for them. These exchange systems allow way to much freedom for the average person, they do away with the need for rulers, institutions and governments.
AGW is NOT about global warming, it is about control of energy, resources, food, etc. Cryptos rely on energy, as does the information economy. If AGW were real, as real as they want the world to think it is, they would have gotten rid of the petro-dollar long ago.
This should give you an indication of how much of a real threat Cryptos are to Agenda 21, and what a long term risk they are to your personal portfolio. The global governments WILL either take control of cryptos, or pull they will pull the plug eventually, count on it. If they have started wars in every nation to take control of their banking systems, what makes you think they will not pull the plug on these if they become a threat to the established monetary order?
Seriously?
Satoshi Nakamoto on the matter
"It would have been nice to get this attention in any other context. WikiLeaks has kicked the hornet's nest, and the swarm is headed towards us."
One of his last posts before disappearing.
https://bitcointalk.org/index.php?topic=2216.msg29280...
I did ignore that post on the electricity, but only because I found it to be non-serious and intentionally so. In other words I thought the poster was just screwing around.
It is also wrong. It is a decentralized, global network with just under 10,000 nodes running. Nobody and nothing can just "turn off the electricity" unless they want to shut down the entire power grid of the planet and shut down the satellites that are now running nodes as well.
They can make it illegal and maybe they will try to do just that, which would be more on point to the actual discussion you seem to be forwarding.
Thing is, people have been saying this for quite a long time. Could it happen? Sure. Lots of things can happen, and people like Dimon at Chase are definitely going to give it a shot, which I have no doubt about, for the simple reason that it very definitely poses a threat to their absolute control of the system, so I don't actually disagree with you there. Those bastards will "lobby" their congresspeople to the best of their ability I have no doubt.
will they be successful. I don't know. what I do know is that they've been kicking it in the balls since Day 1 and the market is growing, uses are growing, adoption is growing, regulation is forming around it, but nothing to this point indicates a movement to make it illegal.
I'll hold my stuff for now, but I don't ignore the actions of the powers that be either, as I do obviously recognize the threat they pose with respect to these assets and their value.
Uh huh?
Barter your bit coin for food. The transaction requires that the guy who grew the crop has a bit coin account,
We have a binder full of morons.
Totally incorrect, of course. There are now debit cards that can be swiped like any other card, backed by bitcoin or other cryptos, with no difference on the front end whatsoever.
If that doesn't work for you they can be sold instantly to cash as easily as any other liquid asset, such as a stock or cd or whatever, wth that cash then transferred directly into your bank account as would be the case if you sold a stock or anything else.
Btc is up 700+% just this year. Ethereum is up more like 2-3000%.
Laugh at us "morons" all you like. We're laughing all the way to the bank. Lol.
Yeah so...........What is the difference between bitcoin clicking money into existance and The Federal Reserve.....same scam it seems to meThis is an important post.
I notice you ignored this post, which is very important.. . .
See, the thing is, when you follow global politics, the IMF, the BIS, etc., you understand, that THESE are the folks that run the world.
Do you know what the petro-dollar is? These folks that meet at Davos, these are the puppets that formed the global economy at Bretton Woods after WWII, that meet at Bilderburg, etc., the "masters of the universe," as it were, they have a plan, and cryptos were never a part of it for them. These exchange systems allow way to much freedom for the average person, they do away with the need for rulers, institutions and governments.
AGW is NOT about global warming, it is about control of energy, resources, food, etc. Cryptos rely on energy, as does the information economy. If AGW were real, as real as they want the world to think it is, they would have gotten rid of the petro-dollar long ago.
This should give you an indication of how much of a real threat Cryptos are to Agenda 21, and what a long term risk they are to your personal portfolio. The global governments WILL either take control of cryptos, or pull they will pull the plug eventually, count on it. If they have started wars in every nation to take control of their banking systems, what makes you think they will not pull the plug on these if they become a threat to the established monetary order?
Seriously?
Satoshi Nakamoto on the matter
"It would have been nice to get this attention in any other context. WikiLeaks has kicked the hornet's nest, and the swarm is headed towards us."
One of his last posts before disappearing.
https://bitcointalk.org/index.php?topic=2216.msg29280...
I did ignore that post on the electricity, but only because I found it to be non-serious and intentionally so. In other words I thought the poster was just screwing around.
It is also wrong. It is a decentralized, global network with just under 10,000 nodes running. Nobody and nothing can just "turn off the electricity" unless they want to shut down the entire power grid of the planet and shut down the satellites that are now running nodes as well.
They can make it illegal and maybe they will try to do just that, which would be more on point to the actual discussion you seem to be forwarding.
Thing is, people have been saying this for quite a long time. Could it happen? Sure. Lots of things can happen, and people like Dimon at Chase are definitely going to give it a shot, which I have no doubt about, for the simple reason that it very definitely poses a threat to their absolute control of the system, so I don't actually disagree with you there. Those bastards will "lobby" their congresspeople to the best of their ability I have no doubt.
will they be successful. I don't know. what I do know is that they've been kicking it in the balls since Day 1 and the market is growing, uses are growing, adoption is growing, regulation is forming around it, but nothing to this point indicates a movement to make it illegal.
I'll hold my stuff for now, but I don't ignore the actions of the powers that be either, as I do obviously recognize the threat they pose with respect to these assets and their value.
Uh huh?
Barter your bit coin for food. The transaction requires that the guy who grew the crop has a bit coin account,
We have a binder full of morons.
Totally incorrect, of course. There are now debit cards that can be swiped like any other card, backed by bitcoin or other cryptos, with no difference on the front end whatsoever.
If that doesn't work for you they can be sold instantly to cash as easily as any other liquid asset, such as a stock or cd or whatever, wth that cash then transferred directly into your bank account as would be the case if you sold a stock or anything else.
Btc is up 700+% just this year. Ethereum is up more like 2-3000%.
Laugh at us "morons" all you like. We're laughing all the way to the bank. Lol.
One the primary differences when considering supply is that the supply of BTC is controlled and finite. Btc is issued at a set rate over time. Scarcity is also built into the code, with only a pre-established number (21 million) that will ever be issued.
Fueri, I can't find any data on how many 'coins' could be classified as out of circulation and how many are being actively traded. Could you see a scenario where the vast majority of BTC is being held forcing the powers that be to issue more BTC thus potentially 'diluting' BTC value?What is the difference between bitcoin clicking money into existance and The Federal Reserve.....same scam it seems to meThis is an important post.
I notice you ignored this post, which is very important.. . .
See, the thing is, when you follow global politics, the IMF, the BIS, etc., you understand, that THESE are the folks that run the world.
Do you know what the petro-dollar is? These folks that meet at Davos, these are the puppets that formed the global economy at Bretton Woods after WWII, that meet at Bilderburg, etc., the "masters of the universe," as it were, they have a plan, and cryptos were never a part of it for them. These exchange systems allow way to much freedom for the average person, they do away with the need for rulers, institutions and governments.
AGW is NOT about global warming, it is about control of energy, resources, food, etc. Cryptos rely on energy, as does the information economy. If AGW were real, as real as they want the world to think it is, they would have gotten rid of the petro-dollar long ago.
This should give you an indication of how much of a real threat Cryptos are to Agenda 21, and what a long term risk they are to your personal portfolio. The global governments WILL either take control of cryptos, or pull they will pull the plug eventually, count on it. If they have started wars in every nation to take control of their banking systems, what makes you think they will not pull the plug on these if they become a threat to the established monetary order?
Seriously?
Satoshi Nakamoto on the matter
"It would have been nice to get this attention in any other context. WikiLeaks has kicked the hornet's nest, and the swarm is headed towards us."
One of his last posts before disappearing.
https://bitcointalk.org/index.php?topic=2216.msg29280...
I did ignore that post on the electricity, but only because I found it to be non-serious and intentionally so. In other words I thought the poster was just screwing around.
It is also wrong. It is a decentralized, global network with just under 10,000 nodes running. Nobody and nothing can just "turn off the electricity" unless they want to shut down the entire power grid of the planet and shut down the satellites that are now running nodes as well.
They can make it illegal and maybe they will try to do just that, which would be more on point to the actual discussion you seem to be forwarding.
Thing is, people have been saying this for quite a long time. Could it happen? Sure. Lots of things can happen, and people like Dimon at Chase are definitely going to give it a shot, which I have no doubt about, for the simple reason that it very definitely poses a threat to their absolute control of the system, so I don't actually disagree with you there. Those bastards will "lobby" their congresspeople to the best of their ability I have no doubt.
will they be successful. I don't know. what I do know is that they've been kicking it in the balls since Day 1 and the market is growing, uses are growing, adoption is growing, regulation is forming around it, but nothing to this point indicates a movement to make it illegal.
I'll hold my stuff for now, but I don't ignore the actions of the powers that be either, as I do obviously recognize the threat they pose with respect to these assets and their value.
Uh huh?
Barter your bit coin for food. The transaction requires that the guy who grew the crop has a bit coin account,
We have a binder full of morons.
Totally incorrect, of course. There are now debit cards that can be swiped like any other card, backed by bitcoin or other cryptos, with no difference on the front end whatsoever.
If that doesn't work for you they can be sold instantly to cash as easily as any other liquid asset, such as a stock or cd or whatever, wth that cash then transferred directly into your bank account as would be the case if you sold a stock or anything else.
Btc is up 700+% just this year. Ethereum is up more like 2-3000%.
Laugh at us "morons" all you like. We're laughing all the way to the bank. Lol.
One the primary differences when considering supply is that the supply of BTC is controlled and finite. Btc is issued at a set rate over time. Scarcity is also built into the code, with only a pre-established number (21 million) that will ever be issued.
Fueri, I can't find any data on how many 'coins' could be classified as out of circulation and how many are being actively traded. Could you see a scenario where the vast majority of BTC is being held forcing the powers that be to issue more BTC thus potentially 'diluting' BTC value?What is the difference between bitcoin clicking money into existance and The Federal Reserve.....same scam it seems to meI did ignore that post on the electricity, but only because I found it to be non-serious and intentionally so. In other words I thought the poster was just screwing around.
It is also wrong. It is a decentralized, global network with just under 10,000 nodes running. Nobody and nothing can just "turn off the electricity" unless they want to shut down the entire power grid of the planet and shut down the satellites that are now running nodes as well.
They can make it illegal and maybe they will try to do just that, which would be more on point to the actual discussion you seem to be forwarding.
Thing is, people have been saying this for quite a long time. Could it happen? Sure. Lots of things can happen, and people like Dimon at Chase are definitely going to give it a shot, which I have no doubt about, for the simple reason that it very definitely poses a threat to their absolute control of the system, so I don't actually disagree with you there. Those bastards will "lobby" their congresspeople to the best of their ability I have no doubt.
will they be successful. I don't know. what I do know is that they've been kicking it in the balls since Day 1 and the market is growing, uses are growing, adoption is growing, regulation is forming around it, but nothing to this point indicates a movement to make it illegal.
I'll hold my stuff for now, but I don't ignore the actions of the powers that be either, as I do obviously recognize the threat they pose with respect to these assets and their value.
Uh huh?
Barter your bit coin for food. The transaction requires that the guy who grew the crop has a bit coin account,
We have a binder full of morons.
Totally incorrect, of course. There are now debit cards that can be swiped like any other card, backed by bitcoin or other cryptos, with no difference on the front end whatsoever.
If that doesn't work for you they can be sold instantly to cash as easily as any other liquid asset, such as a stock or cd or whatever, wth that cash then transferred directly into your bank account as would be the case if you sold a stock or anything else.
Btc is up 700+% just this year. Ethereum is up more like 2-3000%.
Laugh at us "morons" all you like. We're laughing all the way to the bank. Lol.
One the primary differences when considering supply is that the supply of BTC is controlled and finite. Btc is issued at a set rate over time. Scarcity is also built into the code, with only a pre-established number (21 million) that will ever be issued.