This is why I dont invest in crypto

[Anonymous No.58297837]

BREAKING NEWS!:CUBA IS NOW USING BITCOIN AS ITS OFFICIAL CURRENCY LIKE ECUADOR.
BREAKING NEWS: US BANS BITCOIN
BREAKING NEWS: BTC CRASHES TO ZERO
BREAKING NEWS!: US RELEASES DIGITAL DOLLAR

It could be Cuba/DPRK/Venuzuela, Maybe even BRICS uses BTC as their official form of currency. Thats all it takes and then the west will brakes on it immediately and tell everyone tuff shit write the losses off on your taxes.

[Anonymous No.58297865]

>>58297837
That's when you are supposed to buy anon. No matter how bad the news is BTC always bounces back eventually.

[Anonymous No.58297871]

>>58297837
Come and take it, faggot.

[Anonymous No.58297876]

Europoors have such shitty fud

[Anonymous No.58297915]

>>58297871
They may not be able to take it they would just prohibit any western nations from being able to use it for purchasing/lending making it useless. You realy think if maybe like IRAN made btc its official currency the USA wont shut it down lol

[Anonymous No.58297920]

>>58297915
Jurisdictional arbitrage. If your government bans it, move somewhere where it's legal.

[Anonymous No.58297942]

>>58297920
People would use their limbs as currency to move from BRICS or socialist shithole to usa.

[Anonymous No.58298034]

>>58297837
Yup this is exactly true.
But I don't think the US is going to do that just now. Actually I don't think the US has the financial means for it at the moment. It's also far more profitable to wait until the snare is well in place around the preys' limbs before springing it, thus they won't do anything until at least a few BRICS are in on it. They couldn't care less about venezuela or dprk, but they do care about BRICS.

[Anonymous No.58298040]

>>58297942
BRICS unironically has far higher living standards than USA. Amerilards haven't yet understood that their quality of life has deteriorated drastically while the entire rest of the world has kept moving forward. Things aren't like they were even 20 years ago but realistically the last time the US was attractive was in 1995.

[Anonymous No.58298075]

>>58298034
All it takes is a republican president to point out a majority or the cartells assests are bitcoin. Then it will be pointed out most of bitcoin is used for drugs and illegal shit (which it is). Perhaps they would inflate US currency by allowing Americans to purchase USD in bitcoin before a total ban date.
I wont believe the US will allow a global currency to rival the fed reserve unchecked.

[Anonymous No.58298092]

>>58297837
fiatcel malding

[Anonymous No.58298170]

>>58297837
>another authoritarian regime switches to a criminal currency, surprise surprise
>>58298040
>BRICS unironically has far higher living standards than USA
Lmao what? Plenty of countries ahead of USA, but BRICS? C'mon anon, you can't be serious.

[Anonymous No.58298187]

>>58298075
>most of bitcoin is used for drugs and illegal shit
The last large market that accepted bitcoin was shut down last month. Every market that currently exists only accepts payments in Monero. No one wants to use Bitcoin for "drugs and illegal shit" because every transaction is public and easily accessible.

[Anonymous No.58299239]

>>58298187
>drugfags are too dumb to use mixers
Classic

[Anonymous No.58299246]

>>58298170
I know it's hard to accept (or understand if you've never left your shithole) but it's true. It's hard also because your own QoL has degraded slowly to the point it was a little hard to notice, and now you're so far down but it doesn't feel like it because you slowly got used to everything becoming slightly worse.
Similarly those countries improved slightly over time.

[Anonymous No.58299278]

>>58298170