Page 2 of 2 FirstFirst 12
Results 11 to 17 of 17

Thread: SEC: only bitcoin is a cypto commodity

  1. #11
    Platinum
    Join Date
    Nov 2016
    Posts
    1,919
    Thanks
    401
    Thanked 558 Times in 388 Posts

    Re: SEC: only bitcoin is a cypto commodity

    The plan for 2022 seems to be get dollar stronger than rest of the currencies. Get (((Bitcoin))) higher in market cap than other alt coins. Destroy the paper currencies competition to the dollar. Destroy alt coin competition to the new central bank. crash the whole thing and have the new central bank of (((bitcoin))) be the currency.

    This is what the banker war is about.

  2. #12
    Zinc
    Join Date
    Jan 2018
    Posts
    2
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Re: SEC: only bitcoin is a cypto commodity

    as a tech most stupid is BTC.. Ripple or other DeFi much better

  3. #13
    Platinum
    Join Date
    Nov 2016
    Posts
    1,919
    Thanks
    401
    Thanked 558 Times in 388 Posts

    Re: SEC: only bitcoin is a cypto commodity

    Compare bitcoin with Monero

    Monero: The Privacy Coin Explained
    Privacy coins built on their own blockchains have a firm hold within the larger cryptocurrency community, even as regulators and exchanges seek to limit their adoption. This post is part of CoinDesk's Privacy Week series.

    https://www.coindesk.com/layer2/priv...oin-explained/

    Monero’s privacy protections also set it aside from competitors, not just because they aren’t optional but because of the ways they hide the sender, the receiver and even the amount being sent. While Zcash chiefly uses zero-knowledge proofs, among other features, to add privacy functionality, Monero’s main privacy feature includes:

    Ring confidential transactions (Ring CTs.)
    Stealth addresses.
    Bulletproofs.
    Dandelion ++.

    The underlying technology is so effective that, in 2020, the Internal Revenue Service called upon experts to help crack Monero’s privacy features; issuing a $625,000 reward to anyone who could successfully do it.

    IRS hates Monero. (((SEC))) promotes (((bitcoin))) as a commodity, promotes (((bitcoin))) on wall street, bankers and big tech are heavily promoting (((bitcoin))). (((Bitcoin))) tracks and traces and records transactions on public ledgers, made easy for the deepstate to know your banking history, any transaction you make, once (((bitcoin))) is the central bank to replace the dollar, Washington knows immediately who is sending what to whom. And with the deepstate plan to make (((bitcoin))) the replacement central bank, more important than privacy concerns is many times Rothschild level wealth planned for the market cap of (((bitcoin))), the deepstate had over a decade to corner the market and hide this reality. Once paper currencies are globally banned, the deepstate would be able to fund endless wars and pay for liberty killing policies with the cornering of the market. (((Bitcoin))) is 1984 system. The altcoins are not. They are the gold and silver to the new federal reserve that is (((bitcoin))).


    The two main criteria Monero achieves are:

    Untraceability: This means it’s impossible to determine where something came from – in this instance, a transaction made using XMR, the native cryptocurrency of Monero.
    Unlinkability: This refers to the inability to establish a connection between people involved in a transaction or to prove various transactions were sent to the same person.

    Ring Confidential Transactions (Ring CTs)

    A ring confidential transaction is made up of two parts: One is a Multilayered Linkable Spontaneous Anonymous Group (MLSAG) ring signature, which obscures the amounts, origins, and destinations of transactions; the second is confidential transactions, which uses a cryptographic technique called the Pederson commitment to obscure transaction amounts.

    The Pedersen commitment allows cryptography to be performed on a transaction such that the transaction can be verified while only the sender and receiver see the amount being exchanged.

    Ring CTs allow “decoy” coins to be added to transactions, meaning the true amounts aren’t visible except to the parties involved. Even so, with multiple inputs, the transactions balance out such that it ensures no new monero tokens are minted in the process.

    Read More: Cake Wallet Brings Usernames to Crypto Addresses With Unstoppable Domains

    In October, Monero adopted CLSAGs, which is just a more efficient form of its ring signature; they were approximately 10% to 15% faster to verify, as well as smaller, according to Ehrenhofer.
    Stealth addresses

    Stealth addresses create an additional layer of privacy for Monero users. Stealth addresses essentially create burner addresses – or one-time public keys – for each transaction, with a sender generating a new address to send XMR tokens with a bit of additional data attached.

    Those bits of data are then used by the owner of the address to create the private keys used to access the funds in the address.

    Only the parties involved know the stealth address corresponds to the actual Monero address. Because new stealth addresses are generated by each sender, transactions on the blockchain don’t link back to the actual address. Think of it as calling someone repeatedly using a different phone number each time. This would make it impossible for anyone on the outside to know who was calling, and whether it was the same person or not.
    Bulletproofs and Dandelion ++

    In 2018, Monero implemented bulletproofs, a protocol that made confidential transactions faster and more scalable. It cut the data size of confidential transactions, which were quite large given the decoy coins involved, by about 80%.

    “Blockchain bloat was definitely an issue for Monero,” said pseudonymous Monero cryptographer Sarang Noether, who assisted with the bulletproofs integration. “They’re not about anonymity; they are about assuring that the other stuff we do for anonymity works correctly.”

    So while bulletproofs weren’t about adding new privacy functionality, they were key to speeding up Monero transactions while lowering the fees associated with them.

    Finally, in 2020 Monero implemented Dandelion ++, a feature for hiding the IP addresses associated with nodes (computers that help to validate the Monero blockchain), so that it cut down the risk of such identifying information being used to deanonymize transactions. IP addresses could be used by internet service providers (ISP) or even virtual network providers (VPN) to identify you. Which is not ideal when you’re running a node in order to help maintain a privacy-focused network.

  4. #14
    Platinum
    Join Date
    Nov 2016
    Posts
    1,919
    Thanks
    401
    Thanked 558 Times in 388 Posts

    Re: SEC: only bitcoin is a cypto commodity

    Quote Originally Posted by C.Martel View Post
    (((They))) want you to be the builders of the Temple. Get their enemies to slave for them to build the 1984 bitcoin currency. Shut down and impoverish the gold and silver investors. Get the traitors rich in the new central bank of (((bitcoin))). This is how the deepstate operates. My guess is the deepstate is mildly mad that bitcoin libertarians are holding onto their bitcoins. As they are going to be billionaires if the dollar collapses. There is a committee of billionaires to stop the creation of new billionaires, because the Oligarchs do not want competition. The shift of the new money investments is to wall street. The bitcoin libertarians build the Jewish Temple, now onto wallstreet to "carry the torch".
    Called it two years ago...

    Crypto has a chance to join polite society — if it can get out of its own way

    https://edition.cnn.com/2024/12/20/b...cap/index.html

    The libertarians and others built the Jewish money temple of Bitcoin. The new process is making bitcoin fully mainstream and normalized.
    "Soros paid me 1 million dollars to make my neighbors gay and self castrate until they resist and vote Republican and to then move onto a new batch of neighbors force gayness on. To keep doing this until the entire population supports Republicans."

  5. #15
    Platinum
    Join Date
    Nov 2016
    Posts
    1,919
    Thanks
    401
    Thanked 558 Times in 388 Posts

    Re: SEC: only bitcoin is a cypto commodity

    Figured out why would the cia leave their calling card on bitcoin, with the name Satoshi Nakamoto translating as "Central Wise/Intelligence".

    Without being able to tell fellow cia shills and assets that bitcoin was a cia invention by declassifying the cia bitcoin files on a case by case basis, the cia then left their calling card on bitcoin with the inventors name translating to "Central Intelligence" so the cia would not have to make copies of the classified documents to inform bankers, freemasons, billionaires, corporate CEOs, wall street crooks, financial elites ... that bitcoin was invented by the deep state.

    So the cia did two things, left their calling card with the inventor name in Japanese.

    Secondly, the replacement of Satoshi was Gavin Andresen to guide the bitcoin project. Bitcoin's cia inventor - "Satoshi", gradually stepped back from the project around 2010–2011, transferring control of the Bitcoin code repository and communication channels to Gavin Andresen. Handover: Satoshi entrusted Gavin with maintaining the Bitcoin codebase (via commit access) and acting as a public-facing leader.

    Satoshi Nakamotos name has cia links to allow the cia to tell their assets around the globe, bitcoin is from them.

    Also the "replacement" of Satoshi had cia links too:

    According to Andresen’s post at the time, he had expected that his visit would spark conspiracy theories, which is why he wanted to “get [it] out in the open” that he was going to “give a presentation about Bitcoin at CIA headquarters in June at an emerging technologies conference for the US intelligence community.”


    Gavin later visited the cia headquarters on June 14, 2011 according to multiple sources, including Gavin Andresen.

    Gavin spoke at a CIA-hosted event on June 14, 2011, organized as a panel discussion with payments industry leaders (PayPal, Facebook Payments, M-Pesa, Federal Reserve, etc.).

    Andresen wanting to visit/visting the cia headquarters to teach the cia about bitcoin was revealing on multiple levels, the most important level is it allows the cia to further show to cia assets that the cia is onboard with bitcoin. As you typically don't get to visit the cia headquarters to teach the cia agents about your project, unless it greatly serves the interests of the cia.

    Satoshi Nakamoto - translates to central intelligence in Japanese

    Gavin Andresen - In June 2011 visited cia headquarters with the Federal Reserve and Facebook and Paypal on panel discussion at the cia with payment industry leaders.

    Bankers could have called for the banning of bitcoin, yet bankers were on board with bitcoin:

    Fed Chairman Bernanke: Bitcoin “May Hold Long-Term Promise”
    https://www.newsbtc.com/news/fed-cha...-term-promise/

    That digital crypto assets hold long term promise in a further signal to politicians to not mess with bitcoin/not to ban bitcoin. That bitcoin serves the money master's interests. Coupled with the cia stuff and the only conclusion is bitcoin was invented by the cia and deepstate, with participation of the central bankers.

    There is lots more, including CNBC and Bloomberg moving from gold as the inflation hedge for the fed lowering interest rate, to both at the same fed rate cuts promoting bitcoin, not gold, to investors.
    "Soros paid me 1 million dollars to make my neighbors gay and self castrate until they resist and vote Republican and to then move onto a new batch of neighbors force gayness on. To keep doing this until the entire population supports Republicans."

  6. #16
    Platinum
    Join Date
    Nov 2016
    Posts
    1,919
    Thanks
    401
    Thanked 558 Times in 388 Posts

    Re: SEC: only bitcoin is a cypto commodity

    bitcoin is worse than the federal reserve. Since the cia invented bitcoin and were early promoters of bitcoin to cia assets, most of bitcoin is owned by <2% of wallets. Meaning the money supply is cornered. And no new bitcoin beyond the 21 million. The federal reserve/fractional reserve banking problem is concentration of wealth via debt and interest payments. bitcoin side steps that unnecessary step of interest loans and banks and when bitcoin is the imposed currency, bitcoin is going to be mostly owned/controlled by deep staters, the P5 + Israel and their voting base. Those without bitcoin are going to be the new homeless. Think of the horrors of 1000 years of the federal reserve and interest loans compiled to a few moments and then no ability to defeat the deep state as the deep state own and corned the money supply. No ability of loans to work out of this system and defeat it with gold and silver. Undervalued gold and silver have been purchased by the deep state when the population was desperate.
    "Soros paid me 1 million dollars to make my neighbors gay and self castrate until they resist and vote Republican and to then move onto a new batch of neighbors force gayness on. To keep doing this until the entire population supports Republicans."

  7. #17
    Platinum
    Join Date
    Nov 2016
    Posts
    1,919
    Thanks
    401
    Thanked 558 Times in 388 Posts

    Re: SEC: only bitcoin is a cypto commodity

    The deflationary death spiral is the seemingly never ending interest on the principle of holding bitcoin limited to 21 million.

    https://www.youtube.com/watch?v=m1Mv3r73uiY

    The bankers won't need banks with loans to keep their wealth growing. Desperation for bitcoin in a bitcoin global economy with bitcoin as the mark of the beast money and the QR code 666 would cause bitcoin to daily rise in value due to demand for money. The elites and billionaires cornered bitcoin, you are going to be desperate for it. Your desperation for it is going to only make them richer and richer, as the deep state cornered what you need - money. With AI, the elites are going to know how to rig the system to cause more hyperdeflationary death spirals to increase their wealth in bitcoin.

    The first sell outs were the bitcoiners. The second group of sell outs are the politicians that promote bitcoin in any way.

    Now you know why I mine alt coins with no relationship to bitcoin. Perhaps alt coins could be valuable to survive a few years of this.
    "Soros paid me 1 million dollars to make my neighbors gay and self castrate until they resist and vote Republican and to then move onto a new batch of neighbors force gayness on. To keep doing this until the entire population supports Republicans."

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •