If Congress doesn't regulate it ...what makes you think it is money?
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If Congress doesn't regulate it ...what makes you think it is money?
proved it:
Forbes too.
Bitcoin Braced For A Huge December Fed Game-Changer As $6.6 Trillion Flip Predicted To Trigger Price Shock
Now, as eagle-eyed traders spot a quiet China signal that’s just started flashing, some of the most bullish bitcoin and crypto speculators have said they expect a December Federal Reserve bombshell to power a bitcoin price boom.
https://www.forbes.com/sites/digital...n-price-shock/
Bitcoin replacing gold and silver, as is the reason for its invention 17 years ago. It is promoted by the same deep state players that invented bitcoin.
Bitcoin trades on the success of the American Empire, success of Trump, inflation and inversely against the dollar.
Years of deep state training bitcoin to be digital gold has the masses duped on this scheme.
Tether is a huge scam.
https://coingeek.com/is-tether-a-sca...re-using-usdt/
And when bitcoin crashes, Tether dollars are used to stop the collapse.
https://youtu.be/_Oy9tnARCGk?si=LlW5uACK8Xitxx5W&t=416
If crypto collapses, then there is nothing to stop gold and silver from replacing the federal reserve. So tether scam to provide the floor to bitcoin so it does not crash to zero.
And then false volume to further support bitcoin.
The firm analyzed the top 81 crypto exchanges by volume on industry site CoinMarketCap.com. They report an aggregated $6 billion in average daily bitcoin volume. The study finds that only $273 million of that is legitimate.
https://www.cnbc.com/2019/03/22/majo...udy-finds.html
Gotta destroy gold and silver and promote bitcoin as "digital gold". Oy vey.
Gold was historically the flight to safety after rate cuts. The market manipulators made bitcoin train into behaving as gold and silver during fed rate cuts and the financial media on TV when a rate cut occurs cover the price of bitcoin to train the viewers to not go to gold and silver. To train them to buy bitcoin.
The resistance is gold and silver not the bankers candidates.
https://youtu.be/F5k5E55G24k?si=B2-mul4iIU41JkDC
You believe trump is gonna break script and make gold and silver money again.
Lol.
Trump is the banker candidate to impose digital bitcoin as money. The trump kosher klan is bathed in crypto. So are the other elites that promote bitcoin.
You heard of the possibility of brics gold.
Trump said the US bankers led by trump would destroy nations wanting to harm the bankers.
https://apnews.com/article/trump-dol...b98f38180945c3
Banker leader trump is for the bitcoin reserve.
‘It Went to Mumbai’: The Real Reason London Silver Vaults Are Draining | Phil Baker
https://www.youtube.com/watch?v=oFzbKhaAkSk
Banksters are kicking themselves because the banksters did not sell bitcoin enough to the Indian population to get them to be as stupid and manipulated as Westerners to abandon gold and silver and buy bitcoin instead and be trillionaires in service to the banksters in rejecting gold and silver, as the dumb Americans have.
Indian traditions are saving the price of precious metals as China on schedule betrayed the good side.
Buffett is a genius.
https://www.youtube.com/shorts/7uy4VmW_o9I
I feel the same way. I would not pay one penny or a half penny for 21 million bitcoin.
I would take it for free and destroy it. Then the elite ponzi scheme manipulators would start bitcoin 2.0 with 22 million bitcoin and get the hype and manipulation and fear of missing out. And the morons and zombies would buy into the new kosher bitcoin 2.0 central bank to defeat gold and silver.
I would pay a penny for 100% of the gold and silver ever produced. Then laugh at the slaves of bitcoin that I own mountains of gold and silver. Treasured and adored by humanity since before the Sumerians. Let modern humanity worship the digital mark of the beast money. I would own God's money.
The difference between gold/silver and shit/bitcoin is:
If I were to have 100% of silver and gold. I am victorious in and of possessing gold and silver. The wealth of nations, the wealth of civilizations. I don't need morons in my network buying gold and silver. Why give away treasure. Why spend treasure.
With shitty bitcoin, if I have 100% of shitty bitcoin, as a MLM, pyramid, ponzi scheme con job, I need slaves under me to buy worthless bitcoin at a high price than I paid for it. To keep doing this ponzi scheme until enough are conned and built me my money temple of bitcoin and my vast fortune based on a worthless product.
The worthlessness of bitcoin is if one person owns 100% and sits on it, the bitcoiners would then buy a new worthless bitcoin 2.0 and then hype it and get the public manipulated to fear missing out on another worthless shitcoin.
These digital currencies are used by the criminal elites to make a free casino for the public to get the duped public to stay away from suppressed gold and silver.
More,
The worthlessness of bitcoin is that there are an infinite number of worthless new network bitcoins that can be invented and hyped to fake value as bitcoin 1.0. bitcoin 1.0 is limited to 21 million coins. bitcoin 2.0 would be identical and limited to 21 million coins.
Except the crazies believe only bitcoin 1.0 has value. "You have to buy my brand of bitcoin 1.0. You have to buy my MLM brand and stay clear of non-ponzi scheme forms of money or competitor ponzi scheme shitcoins"
Therefore the intrinsic value of bitcoin is less than the pets.com domain name.
If there is only a mountain left that has the remaining earth stock of coal and I own it. If I don't sell it, it remains priceless. Not having buyers and sellers of coal and limited supply makes coal priceless, despite no demand, as coal plants would be dismantled. Coal could be used for many things and to have the last remaining coal is to own a rare and scarce commodity, despite no demand because I am not selling.
Compare that to the thousands of cryptocurrencies. They need demand or else they are worthless. If I own the usb with 100% of bitcoin on it for decades, the population moves to different worthless crypto and the original bitcoin is worthless without demand. If after I die, a person seizes it and tries to sell it decades later, the population moved on from bitcoin, bitcoin is has been and worthless compared to the new hyped cryptos.
If I own 100% AMD stock and am not selling and make it private cutting off demand, then AMD does not turn worthless without demand. Worthless crypto, backed by nothing, giving nothing except digits on a usb drive, need hype manipulation, panic buying because your neighbor made money on it. Except these are not even backed by thin air.
bitcoin is planned to go to 100 million or beyond when Trump makes it global money to back or replace the dollar. The new FRNs, the new fiat. Worthless money to keep gold and silver from being money again.
As the elites pick winners and losers in Big Tech, those individuals linked with the cia and koshers (Elon Mucovy, Mark Cuckerberg, Google founders), the elites are behind the winners and losers in crypto. It is totally a rigged game. It is the opposite of defeating the deep state.
Start your own worthless crypto and it sits there. The cia start their own crypto and it/bitcoin goes to the trillions in market cap.
Paper/FRNs/digital money in banks was returning to gold and silver in 2008 after the paper dollar collapses. crypto is the banker tool to keep gold and silver from being money again. As I said on many occasions I mined alt coins because I see the agenda. I won't own cia bitcoins as a silverbug and goldbug, that is to sell out. I want crypto to collapse and gold and silver to return to money.
You see, bitcoin can't be impose without pain before bitcoin, or else the general public would reject it.
The inflation is staged and a deception. It is done to get the public saying I am mad a heck and I can't take it anymore.
Then the elites are gonna switch to hyperdeflationary bitcoin and McDonald's dollar menu returns. And then the 59 cent cheeseburger.
The elites want war and chaos before the bitcoin roll out. Then pax Americana after with no more wars.
Bitcoin is mostly owned by the elites and was started to replace gold as the anti dollar play and replacement of the Federal reserve fiat money system after a dollar collapse
So you don't get libertarian, nor no or little government with the old west freedom values. You get big tech controlling things with no inflation and the population desperate to work for bitcoin. You get no rivals to Washington. Russia monarchs one half the globe. US monarchs the other half.
It is obvious to the general population that bitcoin is pushed in the financial media while told to stay away from silver.
The narrative spewed by Western pundits — “silver is a bubble,” “the top is in,” “sell your silver and buy bitcoin or copper” — is nothing more than deliberate misinformation. Psychological warfare
https://substack.com/home/post/p-185961432