Remember when he was going to end all the "endless" wars but did not end one in 4 years? I have stopped voting unless there is a good independent or third-party candidate. It is more than abundantly clear that both political parties are corrupt to the core. They care more about what Big Business wants and how they can keep wars going around the world by flushing our taxpayer dollars to Ukraine, Israel, and now Taiwan. They don't represent me and I am no longer going to vote for the lesser of two evils because it is still voting for evil.
Bitcoin is a Deep State Operation to Pre-program & Pre-condition the public into accepting, using, transacting and transitioning to the new digital monetary system CBDC. Bitcoin is used as a social and psychological stepping stone. It also serves as pig pen to herd the public into to be slaughtered and kept away from hard assets, while the "elite" hoard hard assets at pennies on the dollar, with no competition from the public. Because the public is crypto crazed.
Trump is a globalist and that is why he is reinforcing this psychological operation and deep state creation. The same man who committed genoicde with Operation Depopulation warp speed death shots and instead of draining the swamp, he hired more gang members to fill the swamp.
People will say if trump is a globalist, why is he being attacked by the system. Why? Because it's part of the dog and pony show. Its to give the role/character he's playing authenticity and trustworthy-ness among the population and to be able to steer them trustingly, to the avenues they want. Like Bitcoin.
The deep state wants people to go digital. And peoples genuine idea to fight back against a System that wants them to go digital; is to go digital? Sounds foolish to me.
-Dillon Critique from; what's THE DILL? (Substack)
I love the idea of Bitcoin, but unfortunately Bitcoin and all of the crytpo ecosystem has been corrupted by the Tether scam. Tether -- whose daily trading volume is greater than the rest of the top 10 coins by market cap *combined* -- prints money out of thin air and shoves those printed loldollars into the crypto market. It has never passed an audit and has printed $80+ billion in this manner. So unfortunately, by buying crypto one is simply trading one set of fiat loldollars for another. The criminal nature of Tether is so obvious -- and was actually created by a convicted fraudster -- that the only logical reason for why it hasn't been disbanded and its perpetrators criminally charged is that it has a krisha (institutional protection) from either the NSA, CIA or both.
You might enjoy Roger Ver's book "Hijacking Bitcoin." No joke, he was arrested shortly after its release. Anyway, Ver makes a pretty compelling argument that Bitcoin was intentionally corrupted about a decade ago to stop scalability. I wrote a little bit about it here:
Unfortunately, the BTC iteration of Bitcoin changed dramatically from the original vision. 'Number go up' is far more important than real utility for most. Many of the influential early cypherpunks who helped develop it in the early stages are either dead or have left the project all together. None of this means BTC will go down in dollar-denominated price, but IMO it's important that people understand what it really is that they're buying rather than the dream they're being sold. Digital MOE without custodians? Not at this point. SOV? Time will tell.
Shh... you're not supposed to point out Bitcoin isn't actually being adopted. You're suppose to ignore that and go....bUt WhAt BoUt WalLstReEt & TrUmP.
1) No one truly knows its origin. It could just as easily been put in place by the CIA/FBI/IRS as by a mythical person who no one can locate. Clearly, such person does not exist.
2) Bitcoin has no inherent value like silver, gold, and even stocks and bonds. Besides stores of value, both gold and silver have many uses, some for retail and some industrial. Of course, stocks and bonds are claims on a company.
3) Which should I trust, digital content which first showed up in 2018 or gold and silver which have been used for money for thousands of years?
4) Supposedly the appeal was to be in something no one else was in, but everyone is cheering Wall Street moving in. This will mean shorting Bitcoin and all sorts of other financial manipulations.
Bitcoin is never going to influence the Fed. Pretending Bitcoin is somehow a challenge to all central bankers is just hype.
> No one truly knows its origin. It could just as easily been put in place by the CIA/FBI/IRS as by a mythical person who no one can locate.
So? The code is open source and has been extensively examined, thus it doesn't matter who wrote it.
> Bitcoin has no inherent value like silver, gold, and even stocks and bonds. Besides stores of value, both gold and silver have many uses, some for retail and some industrial.
Your shiny metals have no inherent value either. Their "retail" uses derive from their value, not the other way around and their industrial uses aren't nearly enough to sustain their value.
> Supposedly the appeal was to be in something no one else was in
Certain tulip bulbs were of limited supply too. Given a choice, it would be wiser to stick what has held value for centuries rather than a few short years. Manias come and go.
When US corporations are adding Bitcoin to their ledger, not to mention pension funds and insurance companies, it just means they honestly have no clue. Just more proof our economy is largely speculative and not based on solid economics or any concept of capitalism. Lehman Brothers collapse is going to look like a walk in the park.
Republican/Trump support for crypto seems to have pushed the Biden Administration to end its efforts to slow crypto adoption. What is a bigger threat to retail investors? Crypto or meme stocks? Had regulators acted more quickly to enforce basic rules on custody etc they may have prevented FTX & other unnecessary losses. Governments are concerned about crypto bc it threatens their monopoly on money not bc it’s necessarily riskier than many other investments. But now that it’s politically necessary to not be seen as blocking crypto (especially among young voters) we are seeing the SEC relax a bit. I would not be surprised to see BTC & ETH rise significantly from their current prices now that they are easy to buy. Whether that makes sense should be as much for investors to decide as investing in meme stocks.
Trump will say anything to get elected. Empire is over.
Remember when he was going to end all the "endless" wars but did not end one in 4 years? I have stopped voting unless there is a good independent or third-party candidate. It is more than abundantly clear that both political parties are corrupt to the core. They care more about what Big Business wants and how they can keep wars going around the world by flushing our taxpayer dollars to Ukraine, Israel, and now Taiwan. They don't represent me and I am no longer going to vote for the lesser of two evils because it is still voting for evil.
Bitcoin is a Deep State Operation to Pre-program & Pre-condition the public into accepting, using, transacting and transitioning to the new digital monetary system CBDC. Bitcoin is used as a social and psychological stepping stone. It also serves as pig pen to herd the public into to be slaughtered and kept away from hard assets, while the "elite" hoard hard assets at pennies on the dollar, with no competition from the public. Because the public is crypto crazed.
Trump is a globalist and that is why he is reinforcing this psychological operation and deep state creation. The same man who committed genoicde with Operation Depopulation warp speed death shots and instead of draining the swamp, he hired more gang members to fill the swamp.
People will say if trump is a globalist, why is he being attacked by the system. Why? Because it's part of the dog and pony show. Its to give the role/character he's playing authenticity and trustworthy-ness among the population and to be able to steer them trustingly, to the avenues they want. Like Bitcoin.
The deep state wants people to go digital. And peoples genuine idea to fight back against a System that wants them to go digital; is to go digital? Sounds foolish to me.
-Dillon Critique from; what's THE DILL? (Substack)
https://blackboxpolitics.substack.com/p/bitcoin-a-deep-state-operation
That makes perfect sense. No wonder the deep state put capital gains taxes on assets they want everyone to adopt.
Low IQ comment.
Ah , bottom-up freedom. Truly the way to go. Enjoyed your piece , thanks!
Freedom? Sorry, freedom is about the conditions of the country you live in, not the ability to buy electrons for which there is no inherent value.
I love the idea of Bitcoin, but unfortunately Bitcoin and all of the crytpo ecosystem has been corrupted by the Tether scam. Tether -- whose daily trading volume is greater than the rest of the top 10 coins by market cap *combined* -- prints money out of thin air and shoves those printed loldollars into the crypto market. It has never passed an audit and has printed $80+ billion in this manner. So unfortunately, by buying crypto one is simply trading one set of fiat loldollars for another. The criminal nature of Tether is so obvious -- and was actually created by a convicted fraudster -- that the only logical reason for why it hasn't been disbanded and its perpetrators criminally charged is that it has a krisha (institutional protection) from either the NSA, CIA or both.
Caveat emptor.
https://neofeudalreview.substack.com/p/misconceptions-regarding-viewing
I have never been to a store that accepts bitcoin for payment.
You might enjoy Roger Ver's book "Hijacking Bitcoin." No joke, he was arrested shortly after its release. Anyway, Ver makes a pretty compelling argument that Bitcoin was intentionally corrupted about a decade ago to stop scalability. I wrote a little bit about it here:
https://faybomb.substack.com/p/financial-nihilism-hijacking-bitcoin
Unfortunately, the BTC iteration of Bitcoin changed dramatically from the original vision. 'Number go up' is far more important than real utility for most. Many of the influential early cypherpunks who helped develop it in the early stages are either dead or have left the project all together. None of this means BTC will go down in dollar-denominated price, but IMO it's important that people understand what it really is that they're buying rather than the dream they're being sold. Digital MOE without custodians? Not at this point. SOV? Time will tell.
Shh... you're not supposed to point out Bitcoin isn't actually being adopted. You're suppose to ignore that and go....bUt WhAt BoUt WalLstReEt & TrUmP.
I have.
The problem with Bitcoin is
1) No one truly knows its origin. It could just as easily been put in place by the CIA/FBI/IRS as by a mythical person who no one can locate. Clearly, such person does not exist.
2) Bitcoin has no inherent value like silver, gold, and even stocks and bonds. Besides stores of value, both gold and silver have many uses, some for retail and some industrial. Of course, stocks and bonds are claims on a company.
3) Which should I trust, digital content which first showed up in 2018 or gold and silver which have been used for money for thousands of years?
4) Supposedly the appeal was to be in something no one else was in, but everyone is cheering Wall Street moving in. This will mean shorting Bitcoin and all sorts of other financial manipulations.
Bitcoin is never going to influence the Fed. Pretending Bitcoin is somehow a challenge to all central bankers is just hype.
> No one truly knows its origin. It could just as easily been put in place by the CIA/FBI/IRS as by a mythical person who no one can locate.
So? The code is open source and has been extensively examined, thus it doesn't matter who wrote it.
> Bitcoin has no inherent value like silver, gold, and even stocks and bonds. Besides stores of value, both gold and silver have many uses, some for retail and some industrial.
Your shiny metals have no inherent value either. Their "retail" uses derive from their value, not the other way around and their industrial uses aren't nearly enough to sustain their value.
> Supposedly the appeal was to be in something no one else was in
The appeal of Bitcoin is its limited supply.
Certain tulip bulbs were of limited supply too. Given a choice, it would be wiser to stick what has held value for centuries rather than a few short years. Manias come and go.
Tulip bulbs rapidly produce new bulbs.
When US corporations are adding Bitcoin to their ledger, not to mention pension funds and insurance companies, it just means they honestly have no clue. Just more proof our economy is largely speculative and not based on solid economics or any concept of capitalism. Lehman Brothers collapse is going to look like a walk in the park.
Great piece. The exponential adoption is just getting started!
Republican/Trump support for crypto seems to have pushed the Biden Administration to end its efforts to slow crypto adoption. What is a bigger threat to retail investors? Crypto or meme stocks? Had regulators acted more quickly to enforce basic rules on custody etc they may have prevented FTX & other unnecessary losses. Governments are concerned about crypto bc it threatens their monopoly on money not bc it’s necessarily riskier than many other investments. But now that it’s politically necessary to not be seen as blocking crypto (especially among young voters) we are seeing the SEC relax a bit. I would not be surprised to see BTC & ETH rise significantly from their current prices now that they are easy to buy. Whether that makes sense should be as much for investors to decide as investing in meme stocks.