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54215477 No.54215477 [Reply] [Original]

>shitcoins are not engineered to kill central banking, they are engineered to transfer your money to a few insiders, preminers, scammers and venture capitals - they will cashout and dump on you
>FIATs like USD/EUR/GBP are all fake, printed out of thin air, unlimited supply, permanently bleeding SHIT-CURRENCIES
>BTC is engineered to attract (futile) attacks by central bankers, governments, mainstream media, keynesians and parasites cause it makes them all irrelevant
>BTC has no top cause all FIATs have no bottom
>BUY ON SPOT MARKETS ONLY
>NEVER USE DERIVATIVES like futures and options, they are just USD-only trading on fake paper-BTC, they dilute the supply canceling the scarcity effect, kill the price discovery, and help market manipulators to keep the price down with naked short selling
>when you keep your money inside an EXCHANGE you are getting SCAMMED with FRACTIONAL RESERVE and you are exposed to risk of CONFISCATION
>NO KEYS NO PARTY, use hardware wallets, move your coins into cold storage, BACKUP your keys/seed
>NEVER TRUST CENTRALIZED PARTIES (exchanges, banks, custodial services, lending platforms, centralized shitcoin wraps like WBTC)
>CBDC (central bank digital currencies) are a SCAM, central bank rugpulls, they will lose value even faster, kill your privacy, restrict your ability to freely spend your money
>DO NOT SELL WHEN THE MARKET IS TRYING TO SHAKE YOUR POCKETS, BUY MORE
>don't try to time the market, 50% crashes are normal, do not leverage, 2X long leveraged traders will get wiped out
>DO NOT SHORT, LONG LEVERAGE, SWING (or you will lose it all)
>BTC is not a get-rich-quick scheme, it's a don't-get-poor-slowly scheme
>run a full Bitcoin Core node, don't trust, verify
>CoinJoin
>use non-custodial LN wallets for small tx
>don't think it's too late, it's never late, FIATs will always keep bleeding purchasing power
YOU ONLY HAVE ONE TASK, BUY SPOT AND KEEP YOUR PRIVATE KEYS SAFE AFTER WITHDRAWING YOUR BTC INTO COLD STORAGE
DON'T FUCK IT UP ANON

>> No.54215495

>>54215477
daily reminder that bitshit is worthless internet funny money lmfao it's worth NOTHING

>> No.54215518

>>54215495
Based, Bitcoin is going to ZERO

>> No.54215549

>>54215477
Not if they kill it first! https://www.youtube.com/watch?v=wj4poJOInDo

>> No.54215577
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54215577

>>54215477
Give this thread energy and CHANT UNTIL WE HIT 50K.

I love you all and you all must know how special you are.

CHANT
https://www.youtube.com/watch?v=ZxbMvM3WsZo

>> No.54216649

>>54215477
>doesnt even mention BTC mining and tells you to buy from a CEX
lmao thats how you know its centralized and pretty much dead already.

>> No.54216690

>>54215477
You retarts really don’t think the Fed is 8 steps ahead of you? They’re encouraging you to buy bitcoin and then they’re gonna lock the liquidity in crypto while they crash off ramps and ban crypto. Inflation solved.

>> No.54216737

>>54215477
>((Central bankers)) and fractional reserve banking destroy the currency
>cointards claim victory

>> No.54216812

>>54216690
You know hookers and cocaine are banned too right? Who the fuck has the legal jurisdiction to ban a network protocol anyway? And for what reason? The fed does not. If anyone tries to ban it now, the price will moon even harder.

>> No.54216839

>>54216812
Seems like it would be easier to entirely delete a network protocol than to entirely remove anything physical.

>> No.54216845

>>54216690
I'm genuinely curious, Are they gonna ban routers and cat5 cables too? Are the central bankers gonna ban the fucking internet you fucking retard. NO. they can't. It's too fucking late and they are shitting their pants right now, as well they should. Go back.

>> No.54216882

>>54216839
If they block the ports that the BTC network uses via ISP then the network can just switch ports. If all the kiked ISP's are gonna ban/block crypto activity then I guess we're just gonna run it off of starlink. The authoritarian communist central bankers already fucking lost.

>> No.54216908

>>54216839
Seems like it, but in practice open source peer to peer decentralized networks.never really go away. Lime wire died but soulseek didn't, people use it for nicotine+. BitTorrent never went away even with governments cracking down on trackers like thepiratebay. Hell people still use aim directconnect. So long as there's still people that view the network as useful or valuable people will still use it.

>> No.54216925
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54216925

>>54215477
>cringelord
>Text wall

>> No.54216933

>>54216882
>run it off of starlink
Yeah, I think you'd have to do exactly that, or build your own mesh network.

>> No.54216954

>>54216845
Good luck buying a house or land with bitcoin. You’re locked in a closed network that less than 1% of the population knows how to take self custody and use to pay someone. Not to mention is too slow to make daily transactions with.

>> No.54216970

>>54216908
Correct me if I'm wrong -- and I probably am -- but the long-term value proposition of any crypto is ubiquitous use as a medium of exchange. They don't have to shut it down completely to kill the dream. They only have to make it inconvenient.

>> No.54216993

>>54216954
Once the network is established we will be able to confirm transactions after 1 confirmation because it is no different to the fed saying that their gains happen today rather than 3 years from now.

Except we have that control as individuals. We get to decide whether 1 confirmation or 6 confirmations are needed. We are in control.

Just because the infastructure isn't completed doesn't mean it isn't being built.

>> No.54217024

>>54216970
That would only work in developed countries. There are plenty of use cases for other people and the people in developed countries that invest in bitcoin can potentially profit from this use case.

Slowing down bitcoin transactions could be equated to a bank run though. They fuck with us, we fuck with them.

The point is to take back our control. It's a war, a lot of messed up shit is going to happen. But nobody can know for sure who will be standing at the end. This isn't about logic, it's about greed.

>> No.54217026

>>54216954
>less than 1% of the population knows how to use
kind of like email in the early 90's

>> No.54217032

>>54216690
There's a few problems with this theory. First off, there's not much liquidity in crypto to make a difference if you could evaporate it. The other thing, is that if the US banned or suppressed Bitcoin, they'd be handing a gift to competitor nations. Just like China did when they banned mining. At this point, banning Bitcoin would be a threat to national security and a beyond stupid move.

>> No.54217055

>>54216954
Bitcoin is part of real estate licensing courses now. Its not going anywhere. the rate the US government moves, bitcoin will be deprecated by the time they make it illegal.

>> No.54217066

>>54217026
Email's competitor was hand-delivered paper. Easy win.
Crypto's competitor is USD.

>> No.54217067
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54217067

>>54215477

OP. GETS. IT.

>> No.54217068

>>54216970
Of course we're still talking about "what ifs?" But yeah, governments can certainly hamper use for Bitcoin through regulations. That said it's hard to make the actual use of a protocol itself more or less convenient. It can be harder to enter and exit the network. The protocol does what its programmed to do. There isn't a law that can change what the current version of the Bitcoin network change what it's doing. US citizens have in the last 80 years lost the legal ability to own gold and regained that ability 60 years ago. The Bitcoin network, while not perfectly anonymous, allows one to pseudonymously own Bitcoin. And 2nd layer applications which are just more decentralized networks help with the anonymity problems Bitcoin has.

>> No.54217090

>>54217032
Yes and in the current geopolitical climate there is little to no chance of a direct ban. Biden used FTX to launder money for the 2020 election and the Ukraine war. They can't and won't put the genie back in the bottle after they have already been using it expertly.

>> No.54217119

>>54217066
hyper-infationary USD vs BTC
also an easy win

>> No.54217162

>>54217119
Only if it happens, and not until it happens. Tough to predict. I've been predicting high inflation for 14 years and we've certainly had a bump this past year but I was also alive during the years of 14% inflation.
Not saying it won't happen...

>> No.54217181
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54217181

>>54215477
>Checked
>I ALWAYS trust the plan

>> No.54217186

>>54217162
>bump
yeah ok

>> No.54218207
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54218207

>>54215477
maxis were right all along.

>> No.54218818

https://ipfs.shade.cash/ is also to designed to kill central banking.

If they try to spy on you, fine you etc you had just make your track invisible with the relay. Shade on its own when sent to an address, the sender location cant be seen.

This has a huge use case but the legality of Tornado has scared people away. Right now it has created work arounds but in the future the legality might not even matter as people use it as a tool to depart from the old system entirely.

>> No.54218838
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54218838

>>54215477
FUCKIN BASED OP IS BASED

>> No.54219029
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54219029

These threads are better than the snail.

>> No.54219422

>>54215495
99% this
Bitcoin is worth the energy spent to create it, and nothing more.

>> No.54220806

>>54216993
>Once the network is established
Bitcoin is already 15 years old. How many more years do we have to wait before the network is established?

>> No.54220816

>>54219422
COPE POOR FAG

>> No.54220819

>>54215477
Excited for XRP/XLM

>> No.54223193

Why are there so few sane persons like OP?

Bitcoin cant be banned (Ban it in Murica, rest of the world will still be at the party)

Bitcoin is not what you call "cryptos". All other coins are made by shitheads.

OP is 100% right, and I can't understand why most people are ignorant fucks.

>> No.54223414
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54223414

>>54215477
haircomb is the true default token of the bitcoin chain

>> No.54223588

>>54215477
>NEVER TRUST CENTRALIZED PARTIES
Self custody! DeFi!. That's based

>> No.54225765
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54225765

>>54215477
ITS SHITTINNH THHE FUCKKIING BED YYOU GODDAMNN MOTHERFUKCERSS FUCK YOU FUCKOU FUCK TYOU FUCK YOU

>> No.54225845

>>54216845
>but muh sending bitcoins over carrier pigeons and smoke signals
When only autists owned bitcoins, the price was <$1 per bitcoin. Yes bitcoins will keep existing even after the government bans them, at somewhere around that price point.
You can't pump this shit to the moon with normie money and expect it to stay there after the normies can't keep using it. You have a fundamental flaw in your logic there.

>> No.54225900

>>54215477
can't the jews just make paper bitcorn?

>> No.54227086

7 TPS, ngmi.
BSV on the otherhand follows the original Bitcoin design, not crippled by blockstream who were funded by mastercard.

>> No.54227173

>>54227086
is that bitcoin cripple in the room with us right now?

>> No.54227252

>>54227086
>bsv
>follows the original Bitcoin design
>Can have one company reassign coins at will
>Has almost 90% miner centralization
Original design of Bitcoin was shit if that's the case.

>> No.54227462

If the irony of monitoring a supposed new reserve currency in USD never occured to you, then you deserve everything coming to you when the feds crush crypto/btc.
Fiat currencies are here to stay and as of now there's no viable alternative to USD.

>> No.54227738
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54227738

>>54227462
>Fiat currencies are here to stay and as of now there's no viable alternative to USD.
Riddle me this then; what happens if the US can’t enforce the dollar as a reserve currency? Or, what happens when a different natural resource, such as rare earth minerals, becomes more valuable than petroleum?
Where would the US dollar draw any value fro? The US has spent decades giving its enemies the Serbia treatment, and it’s allies the Nordstream treatment. I doubt many countries would still want to be dependent on that country, much less affiliate with it.
Treating the rest of the world as a punching bag by relying on natural resources that cannot be maintained consistently, such as waning military power and a resource rapidly decreasing in importance, has consequences.

>> No.54228046

>>54227738
>what happens if the US can’t enforce the dollar as a reserve currency?
Then it loses its reserve status.
But there's currently very little risk of this. The dollar is backed by debt and that debt creates demand. If a Chinese firm owes $200m to a Russian bank, they need dollars to service that debt. The whole world is a web of exactly those types of dollar denominated loans. The only way to get out of this dollar enslavement is to default and then US rivals would be defaulting on themselves and their own assets. Akin to burning your own house to kill the wasps nest.


>Or, what happens when a different natural resource, such as rare earth minerals, becomes more valuable than petroleum?

Then the price goes up? I'm not sure what your point is on this one

>> No.54228183

>>54217026
>kind of like email in the early 90's
Man.... I'm not hating.... but I'm hating.... it was so much nicer without the other 99% here in world wide web world. Because only the particularly esotoic and / or smart were online.

Now the normies have arrived it's just.... hhhhhhhhhhhhhhhhhhhhh

>> No.54228254

>>54219422
>Bitcoin is worth the energy spent to create it, and nothing more.
Facebook was valued at bilious despite it basically being MySpace with vastly out of tune ad's, e.g. dating for over 60s and funeral plans targeted at people in their 20s.

So by comparison, all that hardware out there running and churn of juice going into makes it worth about..... ooooooo..... 70 trillion dollars let's say

And lol at Zuck getting shutdown by China and Russia. Guess that's plans for world domination ova. Poof. Just like that. Revalued.