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56862416 No.56862416 [Reply] [Original]

You do realize when they roll out CBDC your BTC will be worthless, right?

>> No.56862437
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56862437

>>56862416
>digital fiat will make BTC worthless

>> No.56862446

>>56862437
>what is USDT

>> No.56862472

>>56862416
retard alert

>> No.56862478
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56862478

>>56862446
>what is [insert stablecoin ticker]
>stablecoins make BTC worthless

>> No.56862613
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56862613

>> No.56862635
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56862635

>> No.56862688

>>56862437
>>56862472
>>56862478
He's right though. Bitcoins only value is that you can't make more of it, you can just make a more practical currency that you can't make more of.

>digital fiat
Your bank account is digital fiat, fiat means backed by nothing, if a currency is backed by crypto, then it's not fiat. Cope.

>> No.56862735

>>56862688
>a more practical currency that you can't make more of
The zog is not going to renounce their ability to print at will

>> No.56862767

>>56862688
CBDC will have some sort of social credit/climate scam shit built into it making it worthless.

>> No.56862789
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56862789

You have been brainwashed by Paolo in buying their digital CDBC.

>> No.56862819

>>56862688
>is that you can't make more of it
and that it's not controlled by any countries or banks in particular
and that it's censorship resistant
and that it can replace gold if gold becomes common due to technology
and that it's the most secure crypto by far
and that it's valuable
and that it's a weapon for those who want to see the dollar system die
and that money printing is never going to stop due to the debt system
that starts to be a lot of reasons

>> No.56862842

>>56862416
that makes literally zero sense. back to plebbit

>> No.56862851

>>56862819
They can ban crypto making it illegal for you to trade BTC for fiat. And let’s be real, normies will never adopt crypto as a currency. They’re so far into debt they are all indentured slaves.

>> No.56862892

>Tether printing backs Bitcoin price
He literally told you and mocks you in your face.

>> No.56862951

>>56862851
crypto has never been for normies. normies have never been wealthy. they have never been free. they never will be. it's for their masters, and those without masters.
they can do whatever they want, first they can't stop bitcoin, second they will need bitcoin because their system is going to collapse. just like gold, they could have banned gold, but they needed it. bitcoin already won.

>> No.56862969

my what

>> No.56862975

>>56862951
There is no offramp for crypto.
You are coping.
I dare you to try and cash out.

>> No.56863021

>>56862975
1. you can sell millions or billions, that's what governments do with seized bitcoin 2. if you withdraw bitcoins for worthless fiat you are massively brain damaged or you put yourself in a bad situation which is your own fault

>> No.56863034

>>56863021
>dude, just be the government
MASSIVE cope.

>> No.56863039

>>56862688
Fiat's only value is.... um.... uh.... It used to be backed by gold but now it's... uh.....

Bitcoin has the nearly two decades of trust and it's proven that it works. It's finite and secure.

>> No.56863053

BTC will only be as valuable as the public want it to be once the whales have made their money and moved on. Then it will be the BTC that "satoshi" wanted it to be.
Hopefully the CBDCs will be linked to a basket of commodities instead of hope like the current ponzi scheme we have. I also hope I don't have to use the CBDCs as I'm sure their will be some negatives to them.

>> No.56863063

>>56863034
>you can't withdraw
>actually you can if you're the government
>only governments did withdraw
retard alert

>> No.56863076

>>56863039
>Fiat's only value is
CBDC is not fiat, like I said

>It's finite and secure.
Just like CBDCs.

>> No.56863081

>>56862975
>>56863034
You can spend Bitcoin on goods because it's money.

>> No.56863092

>>56863076
CBDC is fiat in every sense of the word. It's the same as what we have now essentially since all the banks are hosting ledgers of digital fiats (debts).

>> No.56863105
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56863105

>>56862416
>He thinks CBDC will replace Bitcoin's utility and importance
Oh god fucking KEK, I can't wait to expose how retarded you FUDDIES are on Beoble, I'm counting the days

>> No.56863106

>>56863063
Still coping, i see.
>>56863081
No you trade Bitcorns for USD and that for goods (oil).
Try to buy a barrel of oil for its real worth in satoshis.

>> No.56863142

>>56862688
>you can just make a more practical currency that you can't make more of
they already exist, and they're a lot cheaper than BTC. You could make a thousand of them. People still want BTC because it's not a shitcoin

>> No.56863152

>>56863081
How often do you use BTC to buy goods?

>> No.56863155

>>56863142
This. There's a history, trust, that creates the value. It's not about the "technology" that some people claim. There are tons of bitcoin fork privacy coins that are objectively superior but the fame and acceptance will never reach that level.

>> No.56863157

>>56863142
They want BTC because they want the trade value of the US Dollar. Could as well buy the real thing.

>> No.56863159

>>56863105
holy mother of kek, I don't get why people keeps seething at it

>> No.56863166

>>56862688
CBDC is not backed by crypto you fucking mongrel idiot

>> No.56863167

>>56863105
There's nothing to expose cuz they won't be there kek

>> No.56863176

>>56863166
Derailing.
See >>56862613
and >>56862635

>> No.56863205

>>56863157
>Could as well buy the real thing
Try holding $42k for 4 years and see what happens, then

>> No.56863211

>>56863205
So you admit you are in it for the gains in US Dollar value?

>> No.56863243

>>56863105
Let them seethe and cope, it feeds me

>> No.56863261

>>56863211
Holding an asset means you don't have to worry about the value of one specific currency. Could sell it for US dollars later, or any other currency, or trade it for goods. Somehow you're missing the point of a store of value/investment.

>> No.56863262
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56863262

>>56862416
lol lmao even
cdbc's are an even more worthless form of fiat
that will unironically cause btc to go into the millions
the only way to kill btc is to go back to a gold backed currency
but we both know they wont do that as it would mean less control

>> No.56863284

>>56863262
>>56863261
You are holding an offramp to worthless USDT, that's all.
Look again:
>>56862613
>>56862635
>>56862789
They will freeze your USDT and will own nothing.

>> No.56863295

>>56863284
No I will still own the bitcoin securely planted in my wallet.

>> No.56863313

>>56863284
you are missing brain cells, that's all
seek help

>> No.56863318

>>56863295
Well, good for you. But what will that be worth without that 70 billion volume in USDT?

>> No.56863363

>>56863313
Whats your selling point? Selling an even shittier version of USD? One that can be frozen and controlled? Why should i buy this?

>> No.56863373

>>56863363
They can only freeze and control centralized exchanges. Only retards keep their bitcoin there or leave any trace of touching an exchange.

>> No.56863381

>>56863373
USDT protocol can be frozen see >>56862635

>> No.56863398

>>56863381
We're talking about owning bitcoin not usdt.

>> No.56863415

>>56863398
See >>56863318

>> No.56863480

>muh USDT can be frozen

Yeah but Bitcoin addresses / any Bitcoin associated with said addresses can be blacklisted by exchanges


Example, your local authorities can contact Binance and tell Binance
>please freeze Bitcoin funds associated with bitcoin address [1FeexV6bAHb8ybZjqQMjJrcCrHGW9sb6uF] thank you sers


Only Oldfags will know what that address means

>> No.56863534

>>56863480
Everybody should know that by now. 'member the canadian truckers?
USDT being the CDBC they wanted to flee should be unknown to most and is in my opinion the biggest danger right now. Regarding the trade volume.

>> No.56863654
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56863654

>>56862416
>>56862688
>digital fiat will make crypto worthless, blah blah blah, sell your crypto and buy CBDCs
You are JlDF. I bet you're promoting silver and christianity in a different tab.

>> No.56863691

>>56863654
So you meant to say "sell USDT and put your BTC on a private wallet and never on a central exchange", yes?

>> No.56864455

>>56862416
https://financialpost.com/news/economy/bank-of-canada-oppose-creating-digital-loonie
well in Canada... the recent survey shown people don't like the idea of a CBDC
So the central bank of Canada is a bit stuck now
unironically we can thanks Trudeau for being a tyrant poseur

>> No.56864464

>>56862688
>fiat means backed by nothing
That's exactly what CBDCs are. The exact same inflationary central bank fiat garbage money, in digital form. Government and central bank approved """stablecoins""".

>> No.56864640
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56864640

>>56862416
>an infinitely inflationary currency makes the most scarce currency worthless
this is your brain on keynesianism

>> No.56864651

>>56862416
I will cash out at the top of the hype before reality sets in and ride off into the sun set

>> No.56864686

cbdc is literally tether in the best case, realistically worse because more regulated by gay control freaks or because it's based on a weaker currency.

>> No.56864687
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56864687

You do realize State is a mere memetic parasitic while Economy is a nigh-omnipotent superorganism, right?

>> No.56864700

>>56863076
>>It's finite and secure.
>Just like CBDCs.
yeah mr shekelsteinberg promised he will not press a button to print more money, what could go wrong, I mean how can you be such a cuck

>> No.56864726
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56864726

>>56863284
I will own the only thing with true value: BTC

>> No.56864739

>>56862416
>You do realize when they roll out CBDC your BTC will be worthless, right?
>US fedmoney (tm) will be worth more than digital gold
HAHAHAHAHAHAAAAAAAAHHAHAHAHAHAHAHHAHAHAH

>> No.56865106

>>56862416
you do realize that BRICS is going to force it to be a currency that is tokenized via chainlink backed up via proof of reserves.
no one wants infinit magic internet money
they want finite valuable magic internet money