Thread 519095598

They will make Bitcoin the global currency with the recent drop of the US Dollar. It's very obvious. Do with this information what you wish

get fucked retard, noone is buying your bags.
bitcoin is a scam and anyone who "invests" in it deserves what is coming
in 2 years bitcoin will be worth 10k max, screenshot this post retards, anyone buying some imaginary internet money will be a mockery of society and broke.
how do people still fall for this obvious scam?

>>519095598 (OP)
they gave argentina 20billion USD in cash and 20billion more in loans. don't forget the 100 billion to Israel next month.

>>519095598 (OP)
With the recent market manipulation and insider trading

>>519095598 (OP)
>They will make Bitcoin the global currency
Bitcoin already is the global currency
and there are no (((they))) that made that happen
because (((they))) have no say in how new units are created and who gets them, (((they))) hate the Bitcoin with passion

>>519095598 (OP)
they can't though. Didn't any explain this to them yet? Bitcoin can only do 7 tps globally. Thats not enough for it to work as a currency. You will be waiting 30 days for a bigmac

>>519095598 (OP)
That's why I'm buying even more gold and silver. Cryptos are going to fail in ways both expected and unexpected.

>>519096195
you don't need the global currency to buy a big mac

>>519096122
Satoshi Nakamoto translates to Central Intelligence nigger

>>519095598 (OP)
>bag holders really believe this
It's amazing you fags don't notice that the second people get worried about liquidity, they sell all their digital beanie babies and invest it in real physical tangible assets. This is why bag holders and speculative investors don't understand value. You can short the market, you can ride hype waves, etc, but when the actual rubber meets the actual road, all this digital BS evaporates and the only thing that matters is what you actually have in your hands.

>>519096195
No one truly needs food though, but you can’t live without crypto

No, they're going to try and make USD-backed stablecoins the new global currency so people still have to buy US debt.

>>519095598 (OP)
buttcorn discussion does not belong on /pol/

>>519096379
You would have made a big amount of money if you just bought something (BTC, gold, index fund) 10 years ago and sold now.

>>519095598 (OP)
Lol. Btc was the trojan horse to get crypto into the zeitgeist and it will very soon serve as the sacrificial lamb when tptb decide to launch their new ever gayer digital slave system after the controlled demo of this current one. People like op are so obsessed with muh line go up greed that they cannot see the forest from the trees.

>>519096526
Yes, see my comment about riding a hype wave.

>>519096267
so its not a currency then they will just pretend it is. Its actually just Gold.

>>519096526
Also true about property/land

>>519095598 (OP)
renewables will take over because of this shit

>>519096122
Except that every time something goes sideways in crypto, somehow a jew is on top of it. First time I know of is 2012-2013, Mark Karpeles. Not to forget FTX. I bet they are behind 90% of Western bitcoin propaganda and distribution, they probably run most of the exchanges, "decentralized" or not.

>>519096252
If someone out of flesh and blood still reads 4chan: You do not buy assets that receive several threads on pol every day. It's a sure sign of a volatile top approaching. You will lose money, because you can not time a volatile top.

>>519095861
>be stuck in 2011
>had 15 years and didn't buy
>seethe every time you see the btc logo
you

>>519095598 (OP)
no they fucking won't

>>519095598 (OP)
If you look at who the Neo Reactionaries are that made paypal; Bitcoin is not going to be the currency of choice.

Monero is the final solution to the taxman question.

>>519095598 (OP)
The blockchain is not truly decentralised as mining is computationally intensive. It would only take one state actor with an interest to cut off the power supply to a major cryptocurrency data centre for several hours and it would become impossible to validate transactions.

If you want to divest from fiat, you are best to buy silver, as gold is too valuable for everyday use. Purchase a mixture of silver bars and coins and store them locally.

>>519096448
Yup, but they need a bridge currency. And there is only one that can do that as well as cross border payments quickly and efficiently. Only ONE made by an actual legit US company.

Satoshi nakamoto means central intelligence in Japanese
Top holders are governments and corporations
The network is entirely controlled by giga mining operations
Ethereum and Ripple were started by Peter thiel
The founder of Tether is a child actor tied to the Clintons

It’s not a currency, it’s a speculative asset that is a Trojan horse to soak up fiat liquidity. It’s designed to fail. It will get hacked by quantum AI and bagholders will rope. They will implement a replacement tied to digital ID.

You will own nothing and be happy, remember?

Admittedly I don't know a lot about other coins but I know enough about BTC to know that it isn't practical to use as a normal currency, mainly because it wasn't designed to be used at the scale its currently at, nevermind by everyone on earth. Paying £5 for a transaction that takes 30 mins to go through etc, won't fly with people. It needs to be instantaneous and cost nothing.

With that said, I assume the developers who work in this space have come up with other coins since the BTC whitepaper that:

>are deflationary by design
>work on blockchain technology
>provide fast, virtually free transactions
>scale up to the entire earth's population

I don't know which coins meet these criteria but I assume the technology exists for such a coin to either have been made or be made in the future.

What I don't know, is how you would get to full adoption of such a currency without whales appearing either through pre-mining, getting in early, or superior computational power at their disposal. Which country is going to agree to adopt a coin that a rival country created and pre-mined, giving them a financial advantage by several orders of magnitude?

>>519095598 (OP)
sell! sell!! sell!!!

U.S. dollar dips 12.5% because of BRICS
Bitcoin drops from 125k to 102k (18%) back up to 109k back down to 104k as of now
nothing seems like a safe bet except groceries and necessities which will always be in demand

>>519095598 (OP)
If crypto were truly independent, decentralized,
and technologically superior, shitcoin00000000(BTC)
to shitcoinZZZZZZZZ would be automatically issued,
fairly distributed to everyone, and in use.
Fucking Ponzi.

>>519103381
Almost everything takes a hit when the dollar takes a hit. It's reactionary because retards panic instead of holding firm.

>>519095598 (OP)
>do with this as you wish
Yes, I will invest 3 dollars and 50 cents