Bitcoin / Cryptocurrency
- Thread starter Defilade
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truthspreader99
.177 BB
bitcoin depends on Chinese maid equipment running on Chinese infrastructure in china.
bitcoin depends on the internet to be working properly
bitcoin depends on volunteers running software on their computer to verify transactions
bitcoin depends on modern society. therfor crypto in general does not work by design if the world has gone under.
bitcoin depends on the internet to be working properly
bitcoin depends on volunteers running software on their computer to verify transactions
bitcoin depends on modern society. therfor crypto in general does not work by design if the world has gone under.
Acer-m14
.950 JDJ
when you cash in your bit coin ..
what do you get ??
can you even cash them in ??
i didn't see piles of cash or a bank statement below
what do you get ??
can you even cash them in ??
i didn't see piles of cash or a bank statement below
truthspreader99
.177 BB
When you cash in your bitcoin you get... cash.
You can go to a bitcoin ATM, use a crypto-debit service like bitpay, or use an exchange online who will wire the funds to your bank.
Again goes back to what i said... not the best if society has collapsed.
You can go to a bitcoin ATM, use a crypto-debit service like bitpay, or use an exchange online who will wire the funds to your bank.
Again goes back to what i said... not the best if society has collapsed.
Looks like the best route where you have your Ditgital Wallet Decentralized from the blockchain.
rumble.com
Episode 6 - July 24, 2023 - BEAM Privacy coin project interview with Alex Romanov
Decentralize.TV interviews Alex Romanov with the BEAM project (Beam.mw) which combines the MimbleWimble blockchain innovation with offline addressing via Lelantus (zero knowledge proofs) to offer a hy
rumble.com
Brighteon.com update: Crypto tipping system now supports BEAM and FIRO
Brighteon.com update: Crypto tipping system now supports BEAM and FIRO For more updates, visit: http://www.brighteon.com/channel/hrreport NaturalNews videos would not be possible without you, as alway
rumble.com
RedBreast21
.223 Rem
With CBDC being the globalist hedge against BRICS announced currency roll out next month , it will be interesting to see the legislation that will come out banning all use of non approved Crypto in the West. The BRICS digital currency will be backed by BRICS gold, placing the West and the IMF in a tight spot as they will have to convince non BRICS countries the power of the dollar for trade in which the Petro-Dollar will be irrelevant for oil purchases from Iran, Russia and Saudi Arabia. That means gold has to return as the backing of the dollar. BRICS membership applications is up to 41 countries now. Many I am sure will pull back using dollars as a gesture for membership. But China is still buying treasuries so that they might be able to control the slide of the dollar if that happens. It doesn't benefit BRICS to collapse the West, but it does want to control global monetary policy and thereby control our inflation by exporting theirs to us like we have done to many 3rd world countries for decades.
But if the West doesn't want to play by their own monetary rules, the new CBDC can be backed by faith and the number of users. Like all Crypto. Hard sell thou for the rest of BRICS or the 3rd world countries to hold any form of dollars. Here in the U.S. and Europe the media and social media apps will sell you on it. With digital currency it will be easy to adjust inflation by simply adding or subtracting value, at will, of the CBDC.
See, money is nothing but an agreed upon policy by the sheep. Go ahead and pull a hundred dollar bill out of your pocket and ask yourself what is the intrinsic value of it? Go to the bank and ask for the equivalent in gold or oil.
But if the West doesn't want to play by their own monetary rules, the new CBDC can be backed by faith and the number of users. Like all Crypto. Hard sell thou for the rest of BRICS or the 3rd world countries to hold any form of dollars. Here in the U.S. and Europe the media and social media apps will sell you on it. With digital currency it will be easy to adjust inflation by simply adding or subtracting value, at will, of the CBDC.
See, money is nothing but an agreed upon policy by the sheep. Go ahead and pull a hundred dollar bill out of your pocket and ask yourself what is the intrinsic value of it? Go to the bank and ask for the equivalent in gold or oil.
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The problem with all these different Cryptos out there is it will boil down to what .Gov says is acceptable for a form of "Currency" And far as the dollar, well it is garbage.With CBDC being the globalist hedge against BRICS announced currency roll out next month , it will be interesting to see the legislation that will come out banning all use of non approved Crypto in the West. The BRICS digital currency will be backed by BRICS gold, placing the West and the IMF in a tight spot as they will have to convince non BRICS countries the power of the dollar for trade in which the Petro-Dollar will be irrelevant for oil purchases from Iran, Russia and Saudi Arabia. That means gold has to return as the backing of the dollar. BRICS membership applications is up to 41 countries now. Many I am sure will pull back using dollars and a gesture for membership. But China is still buying treasuries so that they might be able to control the slide of the dollar if that happens. It doesn't benefit BRICS to collapse the West, but it does want to control global monetary policy and thereby control our inflation by exporting their to us like we have done so to many 3rd world countries for decades.
But if the West doesn't want to play by their own monetary rules, the new CBDC can be backed by faith and the number of users. Like all Crypto. Hard sell thou for the rest BRICS or the 3rd world to hold any form of dollars. Here in the U.S. and Europe the media and social media apps will sell you on it. With digital currency it will be easy to adjust inflation by simply adding or subtracting value at will of the CBDC.
See, money is nothing but an agreed upon policy by the sheep. Go ahead and pull a hundred dollar bill out of your pocket and ask yourself what is the intrinsic value of it? Go to the bank and ask for the equivalent in gold of oil.
Acer-m14
.950 JDJ
a while ago i asked the bank teller here if i could purchase real gold thru them .. NOPE ..
masterswimmer
.450/400 Nitro Ex
Go ahead and pull a hundred dollar bill out of your pocket and ask yourself what is the intrinsic value of it? Go to the bank and ask for the equivalent in gold or oil.
We've been off the gold standard since 1971. This is nothing new. We've been on a fiat currency for 52 years.
Silver coins for circulation were no longer minted in 1968 for 40% silver half dollars. 1964 for 90% silver halves, quarters and dimes.
And we've been unable to redeem silver certificates for silver bullion since 1968.
So asking a bank teller to exchange currency for gold or silver and getting nothing more than a chuckle is nothing new.
Steal2B
.700 Nitro Express
MothMan
.338 Win Mag
I hear Jamie has been buying crypto on the down low in the EU. So worrisome to the elite is the worlds unbanked finally getting access to financial resources beyond the control of the lending establishments.
I started buying crypto in 2021 and continue to buy through the latest dip. Stopped buying when the price reached my average cost per coin a couple of months ago. Since then I have reached a 90% return on investment, the value fluctuates constantly. The coin, ADA, and the token, AMP, I own are fully staked, invested, and earning rewards, interest. I am in for the long haul and HODL!!
POI, Bitcoins are $42,225 each with a market cap of $839 billion $$$. Countries are adopting crypto Crypto Around the World: Which Countries Use the Most Cryptocurrency?
"As long as there’s a functional internet connection, it’s easy to store and use crypto assets." Wouldn't the Canadian truckers liked to have a crypto fund to access when Truddy froze their bank accounts?
I can now pay that Nigerian princess for the hummer without sending her $100 bills.
I hear Jamie has been buying crypto on the down low in the EU. So worrisome to the elite is the worlds unbanked finally getting access to financial resources beyond the control of the lending establishments.
I started buying crypto in 2021 and continue to buy through the latest dip. Stopped buying when the price reached my average cost per coin a couple of months ago. Since then I have reached a 90% return on investment, the value fluctuates constantly. The coin, ADA, and the token, AMP, I own are fully staked, invested, and earning rewards, interest. I am in for the long haul and HODL!!
POI, Bitcoins are $42,225 each with a market cap of $839 billion $$$. Countries are adopting crypto Crypto Around the World: Which Countries Use the Most Cryptocurrency?
"As long as there’s a functional internet connection, it’s easy to store and use crypto assets." Wouldn't the Canadian truckers liked to have a crypto fund to access when Truddy froze their bank accounts?
I can now pay that Nigerian princess for the hummer without sending her $100 bills.
Bitcoin in El Salvador - Wikipedia
El Salvador became the first country in the world to use Bitcoin as legal tender, after having been adopted as such by the Legislative Assembly of El Salvador in 2021. It has been promoted by Nayib Bukele, the president of El Salvador, who claimed that it would improve the economy by making banking easier for Salvadorans, and that it would encourage foreign investment. The adoption has been criticized both internationally and within El Salvador, due to the volatility of Bitcoin, its environmental impact, and lack of transparency regarding the government's fiscal policy.
Bankman-Fried Dodges Bribery Trial After Feds Drop Charges
This article originally appeared on ZeroHedge and was republished with permission. Guest post by Tyler Durden Well look at that! Disgraced FTX founder Sam Bankman Fried, who was found guilty in November on seven counts of fraud and conspiracy, won’t face a second trial at all after feds told US...
vigilantnews.com
Bitcoin may not be as anonymous as people think.
arstechnica.com
How a 27-year-old busted the myth of Bitcoin’s anonymity
Once, drug dealers and money launderers saw cryptocurrency as perfectly untraceable.
arstechnica.com
holdover
.475 A&M Magnum
Doc8404
.450/400 Nitro Ex
Doge junk is up even.
CIA?
MothMan
.338 Win Mag
Checked my crypto accounts this AM and found my AMP token account up by 800%!! $1K invested now valued at $8K with most of the growth in past 48hrs. The Bitcoin tide must be raising a few other coins and tokens along with it. Profit taking time!!
truthspreader99
.177 BB
This information below would be citizens and corporations in each respective country. As far as i know the only government that mines bitcoin for profit is Kazakhstan.
As of 2024 for Miners(source):
- United States: 35.4%
- Kazakhstan: 18.1%
- Russia: 11.23%
- United States: 12870 (28.54%)
- Germany: 6196 (13.74%)
- China: 2899 (6.43%)
Bitcoin is backed by the people converting electricity and time (miners) into some bits and bytes that are stored on a network of computers that say yea your work is legit (nodes).
The price of bitcoin is free market, with a large number of different centralized exchanges around the web. If everyone collectively decides bitcoin is worthless, maybe FUD from news or such or a ban from a government say, then its possible to manipulate how people see bitcoin which may drive the price $0 .
It requires internet, tons of electricity, and time to produce the currency.
It requires internet and a small amount of electricity (your phone) to spend the currency.
Bitcoin is not private, its public ledger. If someone knows your bitcoin address, which they have to inorder to receive bitcoin from you (a store). Then they know how much you have and where its being spent (if they know the addresses of certain retailers, etc etc).
There's no military, or government... that is why its so volatile. Not a good store of wealth but its very easy to make a quick buck with it. And by quick i mean 5 or so years you can see really good returns. Not even day trading, just buying the dip, wait for the next bubble & get rid of it for $$$.
A bit of a long read but worth your time especially if you are concerned about central bank digital currency.
theconservativetreehouse.com
The key takeaway for Bitcoin owners. If a government digital currency is established all other crypto currencies will be outlawed. Worth paying attention to.
From Beyond the Wire - The Information War, CBDCs and a Metaphor for Those Who Need - The Last Refuge
After my latest outline, on the looming probability of a dollar based Central Bank Digital Currency (CBDC) {SEE HERE}, I found myself saying, “I hate to say this, but most people really don’t care. For some, the issue is esoteric, abstract, and difficult to comprehend. For others, there is a...
theconservativetreehouse.com
The key takeaway for Bitcoin owners. If a government digital currency is established all other crypto currencies will be outlawed. Worth paying attention to.
MothMan
.338 Win Mag
Bitcoin Halving 2024: How It Works And Why It Matters
The available supply of fiat currencies rises and falls under the watchful eyes of national central banks, but the total supply of bitcoin is fixed and immutable. There will only ever be 21 million bitcoin. Presently, more than 19 million bitcoins have already been mined, leaving under 2 million
www.forbes.com