Bitcoin will be banned

davvid_1

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Jun 10, 2020
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also the greater the institutional adoption the less chance they would ban it. the probability shrinks every day. If the blackrocks and big banks start to adopt, its not going anywhere. regardless, i dont think crypto needs btc anymore, sure its still very correlated, and btc is the tide that comes in and out, but most smart developers recognise the bitcoin source code is poor and outdated. it has first mover advantage, is trading with high correlations to commodities (which have been rocketing recently too) and behaves according to its halving cycle, which is why we've seen another spectacular run.
even if they did ban it, i think the crypto space would just experience a temporary recession before continuing to give new and exciting projects.
 

Fred

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Jul 25, 2013
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CNN will run whatever headline they are told. Tomorrow it could be "Why bitcoin could go to zero over the next year."

Or, maybe more accurately, whatever headline best suits Ted Turner's interests that particular day.... or month.

The reality is if you are comparing Bitcoin to Federal Reserve Notes, you are comparing a deflationary currency to an inflationary one, and the deflationary currnecy will always win.

Oh, and if you're gonna quote something from 1912, why would you ignore the monetary act that was passed over Christmas in 1913?

If you price Bitcoin in Zimbabwe Dollars from 2008, it's value is currently 3.29 times 10 to the 16th power. Or, 1 Bitcoin is worth over 32 Quadrillion Zimbabwe Dollars. Nice. It's all relative. Why is pricing BTC in Zimbabwe dollars any less relevant than Federal Reserve Notes?

I'm just saying that Bitcoin appears to be the NWO currency of choice for the future. A pure digital currency allows for total control.
And TR was just pointing out the existence of the NWO back in 1912, so they've been around for a long time.
 

Sam321

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Jan 27, 2021
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CNN will run whatever headline they are told. Tomorrow it could be "Why bitcoin could go to zero over the next year."

Or, maybe more accurately, whatever headline best suits Ted Turner's interests that particular day.... or month.

The reality is if you are comparing Bitcoin to Federal Reserve Notes, you are comparing a deflationary currency to an inflationary one, and the deflationary currnecy will always win.

Oh, and if you're gonna quote something from 1912, why would you ignore the monetary act that was passed over Christmas in 1913?

If you price Bitcoin in Zimbabwe Dollars from 2008, it's value is currently 3.29 times 10 to the 16th power. Or, 1 Bitcoin is worth over 32 Quadrillion Zimbabwe Dollars. Nice. It's all relative. Why is pricing BTC in Zimbabwe dollars any less relevant than Federal Reserve Notes?
Its not. ?? going the way of ??
 

tankasnowgod

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Jan 25, 2014
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8,131
I'm just saying that Bitcoin appears to be the NWO currency of choice for the future. A pure digital currency allows for total control.
And TR was just pointing out the existence of the NWO back in 1912, so they've been around for a long time.

And you're basing that on what, a single CNN article during a bull run?

I would have been more impressed if you said this during late 2018, when BTC prices were hitting the recent low, and CNN was pumping out articles like this-



Yeah, that means it's totally an NWO currency. Or, (more likely in my opinion), CNN is just doing it's job to help manipulate the price.
 

JamesGatz

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Jun 22, 2021
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Crypto looks like to be soon banned in Russia - the elites have made it clear that crypto that they don't control will not exist in their mass-genocidal, technocratic society.

Crypto will fall and so will every paper currency worldwide eventually - plan accordingly :) - you will own nothing and be sad - this includes your internet tokens and monopoly money
 

JamesGatz

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Jun 22, 2021
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Bitcoin (and all other crypto) is going to 0

All of it is getting banned once the CBDC drops and for those of you that believe it's " not possible " - they HAVE to do it

They'll control your internet and electricity - they can't let your anonymous internet tokens co-exist with their CBDC in a world they must have control over

And by the way Satoshi Nakomoto does not exist - just like Qanon it's just some mysterious identity invented by the NSA and CIA to push their product on people - the NSA created Bitcoin and CIA pushed it on the Dark Web (Silk Road, etc)

They can't introduce a CBDC without first conditioning people to the framework beforehand hence why the NSA created Bitcoin
 

JamesGatz

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Jun 22, 2021
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What evidence for this statement? Where have you learned this?
" The NSA was one of the first organizations to describe a Bitcoin-like system. About twelve years before Satoshi Nakamoto published his legendary white paper to the Metzdowd.com cryptography mailing list, a group of NSA information security researchers published a paper entitled How to Make a Mint: the Cryptography of Anonymous Electronic Cash in two prominent places, the first being an MIT mailing list and the second being much more prominent, The American Law Review(Vol. 46, Issue 4 )."

The paper outlines a system very much like Bitcoin in which secure financial transactions are possible through the use of a decentralized network the researchers refer informally to as a Bank. They list four things as indispensable in their proposed network: privacy, user identification (protection against impersonation), message integrity (protection against tampering/substitution of transaction information – that is, protection against double-spending), and nonrepudiation (protection against later denial of a transaction – a blockchain!)."


Mix all of that in with the fact that Bitcoin is built-on NSA Hashes (SHA-256) and it becomes very evident that their fingerprints are all over it.

Also the fact that Bitcoin rose to prominence on Silk Road is step-by-step playbook of how the CIA operates - its exactly how they operate with drug cartels


 

Lollipop2

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Nov 18, 2019
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" The NSA was one of the first organizations to describe a Bitcoin-like system. About twelve years before Satoshi Nakamoto published his legendary white paper to the Metzdowd.com cryptography mailing list, a group of NSA information security researchers published a paper entitled How to Make a Mint: the Cryptography of Anonymous Electronic Cash in two prominent places, the first being an MIT mailing list and the second being much more prominent, The American Law Review(Vol. 46, Issue 4 )."

The paper outlines a system very much like Bitcoin in which secure financial transactions are possible through the use of a decentralized network the researchers refer informally to as a Bank. They list four things as indispensable in their proposed network: privacy, user identification (protection against impersonation), message integrity (protection against tampering/substitution of transaction information – that is, protection against double-spending), and nonrepudiation (protection against later denial of a transaction – a blockchain!)."


Mix all of that in with the fact that Bitcoin is built-on NSA Hashes (SHA-256) and it becomes very evident that their fingerprints are all over it.

Also the fact that Bitcoin rose to prominence on Silk Road is step-by-step playbook of how the CIA operates - its exactly how they operate with drug cartels
Thank you. Interesting.
 

tomisonbottom

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Apr 17, 2013
Messages
920
They are already seeding the idea that Bitcoin is environmentally unfriendly. After that, they will start shilling the "racism" and "unequal access"of cryptocurrencies. Then they will connect it to "domestic terrorism". Retail investors will be prohibited from buying/selling. Of course, this will not apply to institutions, banks etc..., who will use it as a hedge against the geometric devaluation of the dollar
FYI, the largest authoritarian government in the world, China has banned it many times and has failed. Hashrate actually went up after banning it.

This is how you know it's truly de-centralized. It can and has withstood nationstate attacks. There is no office, no ceo, no place to go to to force any type of shut down. Just like tor. It has nodes all over the worlds. No one can stop people from running open source software.

All they can do is limit on-off ramps, like the exchanges, but peer-to-peer can't be stopped. And just like every time they threaten a gun ban, gun sales go through the roof, even attempting to limit it will just send the price higher as people "rush to the exits" to avoid financial censorship.
 
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