Do you think there will be a push to ban to prevent money laundering?
Man i remember arguing with people online saying that $140 was completely over priced. I’d go back and slap younger me if i could.
I don’t have any crypto, i was meant to buy just before the election, figured it would go up with trump, but i procrastinated and missed the next spike. Some are saying $400k in like the next 4 years.
… I’ve been a skeptic since it was $140, so obviously don’t know anything.
What a terrible way to invest.
Fake binary coins that rely on massive amounts of electricity and pollution? No thanks.
You might as well invest in cocaine.
Let me clue you in one a simple, bloody fact: most Bitcoin held by the top five nations holding it is from criminal seizures. About 525,000 coins.
I’m one degree of separation from Satoshi Nakamoto, and one from Craig Wright, the Fake Nakamoto.
Short version, Craig claimed to be Nakamoto for years and was only forced to stop claiming it after years of tax evasion, lawsuits, and other dirty shit. And he has billions anyway now, so he won’t stop. Why should it, with enough money you control the courts.
I won’t lie, it sucks sometimes to be so close to this sort of shit and not be on the take, but as a square and level man, it’s better for your soul long term.
https://crypto.news/michael-saylor-bitcoin-strategy-betrayal-craig-wright/
There’s also chatter that cryptocurrency is being pumped by the same people who just won certain elections, because the same people who are easily duped into voting against their own interests are also easily separated from their money.
So now the public is going to get a next gen corporate pirate class, creating the largest wealth concentration in human history, on a level that will put all the Pharaohs, Shahs, and Emperors combined to shame.
The Bitcoin Wolves are here. Watch Elon Musk, as a government employee, try this shit.
"“We’re going to fix America with a department named after a meme coin.”
Lulz aside, this is probably how Elon Musk ends up destroying civilization. The same guy who launched a car into space because he saw Heavy Metal too many times, thinks he’s going to eliminate the national debt.
And this isn’t a US issue at all. We are talking about something that could collapse global markets for good, and we will be back to gold and guns.
WWIII has already kicked off. Where the hell have you been? Oh right, cutting glass, while we’re fighting Russia, China, and North Korea.
True story, I was almost the CISO of Wyoming. They were trying to develop a so-called “stablecoin”, which is a fancy way of saying a bank or government will underwrite a cryptocurrency. Wyoming.
Anybody investing in cryptocurrency right now is a fucking moron. It’s an illusion, developed by nerds to steal your money.
And since there is a single degree of separation between myself and the creators of Bitcoin, and Satoshi Nakamoto, I’m fairly confident saying that.
Until the power is shut off. that’s the thing about gold and silver, gasoline, pork bellies, or water and other commodities.
They don’t require electricity.