Quote from: Bentley. THE Moderator. on March 12, 2020, 02:24:06 PM
I had a chance to invest in bitcoin in 2012-2013 but decided against it and decided to go with gold instead
I'm just not sure another form of currency is going to fix anything
Ppl are walking around with notes, tenders, and electronic money that is backed by absolutely nothing. It's paper that says you can have that thing you want in the store. No other value or trading capacity, that's what puts us at the mercy of the economic and federal reserve system.
From a security standpoint crypto seems better. But what is it truly backed by?
I mean I guess if this dissolves the Fed Reserve we should be grateful. But that will be the end when the Fed calls the fraudulent US debt, automatic WW3
Each of us are technically owned property, illegally signed over at birth by our parents. Your SSN is a type of account number registered to the United States Corporation registered in Delaware. That's why a business EIN or TIN number is the same length and the national debt clock gives an amount per citizen.
I'm starting to believe Corona was definitely intentionally started.
Great question. Omg it's soo much to unpack but work with me.
Ok see the thing about Bitcoin, yes it was the 1st Crypto but it's chances of being the main crypto is not likely due to so many other cryptocurrencies coming after it that improved significantly in what Bitcoing was trying to accomplish, essentially it's like Myspace or Napster of the crypto industry and we seen how all of that turned out for the platforms of those respective industries that came along and improved on the original process.
There is literally over 4,000 plus crypto currencies/assets out
https://coinmarketcap.com/My point every one of these WON'T survive a hand full will, 15 - 30 possibly will.
Crypto isn't going anywhere due to the technology/protocol. This answers your question about what it is backed by, it's backed by the protocol. To break this down it's essentially like if we were able to invest and put money into the HTTP protocol or file sharing protocol that runs the internet that alot of things are built on.
And this is for the highlighted part, waking up and seeing everything that is going on has me feeling overwhelmed and just wanted to share and Express it because it's got me feeling weird and I'm trying not to go into conspiracy land but man this shit is not a coincidence.
What's the best way to get everyone onto a brand new financial system?By burning down the old one. that would dissolve all of our debits, but more money than ever in their pockets, essentially starting over fresh.
This virus may not have been intentional but they are damn sure using it as a catalyst to get to their end goal. The market and systems were gonna crash anyway this year, they were just injecting it to keep us afloat at until after the election, which was putting us in deeper fucking debt
Man just pay attention some shit is about to go down in the next couple of years.