>shitcoins are not engineered to kill central banking, they are engineered to transfer your money to a few insiders, preminers, scammers and venture capitals - they will cashout and dump on you
>FIATs like USD/EUR/GBP are all fake, printed out of thin air, unlimited supply, permanently bleeding SHIT-CURRENCIES
>BTC is engineered to attract (futile) attacks by central bankers, governments, mainstream media, keynesians and parasites cause it makes them all irrelevant
>BTC has no top cause all FIATs have no bottom
>BUY ON SPOT MARKETS ONLY
>NEVER USE DERIVATIVES like futures and options, they are just USD-only trading on fake paper-BTC, they dilute the supply canceling the scarcity effect, kill the price discovery, and help market manipulators to keep the price down with naked short selling
>when you keep your money inside an EXCHANGE you are getting SCAMMED with FRACTIONAL RESERVE and you are exposed to risk of CONFISCATION
>NO KEYS NO PARTY, use hardware wallets, move your coins into cold storage, BACKUP your keys/seed
>NEVER TRUST CENTRALIZED PARTIES (exchanges, banks, custodial services, lending platforms, centralized shitcoin wraps like WBTC)
>CBDC (central bank digital currencies) are a SCAM, central bank rugpulls, they will lose value even faster, kill your privacy, restrict your ability to freely spend your money
>DO NOT SELL WHEN THE MARKET IS TRYING TO SHAKE YOUR POCKETS, BUY MORE
>don't try to time the market, 50% crashes are normal, do not leverage, 2X long leveraged traders will get wiped out
>DO NOT SHORT, LONG LEVERAGE, SWING (or you will lose it all)
>BTC is not a get-rich-quick scheme, it's a don't-get-poor-slowly scheme
>run a full Bitcoin Core node, don't trust, verify
>CoinJoin
>use non-custodial LN wallets for small tx
>don't think it's too late, it's never late, FIATs will always keep bleeding purchasing power
YOU ONLY HAVE ONE TASK, BUY SPOT AND KEEP YOUR PRIVATE KEYS SAFE AFTER WITHDRAWING YOUR BTC INTO COLD STORAGE
DON'T FUCK IT UP user
DAILY REMINDER - BITCOIN IS ENGINEERED TO KILL CENTRAL BANKING
Daily reminder that Bitcoin is doing the same fucking Bart pattern it did during the last two bull traps.
It does the same things every time, it does the classic bubble graph and at its last hurrah before the REAL collapse it starts Barting. Don’t get stuck holding a bag when it nose dives to 10 grand. You’ll be waiting another 4 years for it to start its next bubble
DAILY REMINDER
- 7 TPS
- NOT PROGRAMMABLE
- HIJACKED BY BLOCKSTREAM
Your coin literally was just used to track down 2 people who stole billions. Face it. This is just a museum piece at this point. It will be dear in all our hearts for starting this tech, but it just didn't perform on privacy. Monero is the new king to be, and darknet markets alone prove it.
based
>implying the market is reasonable and its participants intelligent
Anyway, fuck BCH, they can't win, they don't have IP rights to Bitcoin.
>only usecase is to accumulate more dollars
incredibly based
>NEVER USE DERIVATIVES like futures and options, they are just USD-only trading on fake paper-BTC, they dilute the supply canceling the scarcity effect, kill the price discovery, and help market manipulators to keep the price down with naked short selling
>when you keep your money inside an EXCHANGE you are getting SCAMMED with FRACTIONAL RESERVE and you are exposed to risk of CONFISCATION
These are the major issues with btc op, fundamentally bitcoin is theoretically the same as early gold currency systems and subject to the same manipulation practices. The competitive advantage it has over the dollar is its electronic nature, gold and its financial derivative the dollar cannot be easily digitalized by nature, hence Bitcoin solving double spend.
Saying NOT to support these tactics is like putting your cash under the mattress while everyone’s getting shit rich off the market.
It didn’t work in 1913 and it likely won’t work now, but I’d like to think I’m open to new alternative approaches. Have there been structural weaknesses used to combat these practices successfully in the past? Knowing Bitcoin functions similar to early gold currencies can we preemptively strike anywhere before the systems are in place?
Based. I like how it makes altcoiners seethe harder than the goldbugs KEK
The only benefit is that btc is instantly auditable, idk bout the rest, but btc paper seems pointless and should trade at a negative premium
Completly delusional
Central banks and capitalism will digest BTC like everytime.
This will makes new rich, that's all
FUCK PROOF OF WORK
FUCK PROOF OF STAKE
FUCK INCENTIVES
XRP WILL KILL THE DEBT ECONOMY
Your somewhat correct in my opinion, the digital nature does add new elements to the equation that did not exist last time you are right, being instantly auditable is one. However, the banks are consistently audited back then and now, and regulated by Basel 3 to holding only 10% of the cash on hand they should actually require to meet all obligations, meaning a deficit of assets to obligations is enshrined in financial structures.
Money does not lie, paper BTC has value in the fact that it can be leveraged up on and provide more volume to the market, and it will make the firms selling it rich. Speculators and investors are indiscriminate, the banks that provide the easy cash and leverage they are looking for will profit immensely, buying more of the real supply. Don’t hide your head in the sand user, face the reality.
>BITCOIN IS ENGINEERED TO KILL CENTRAL BANKING
Stop lying. It's engineered to empower it.
You want to go against banks? Choose BCH instead.
Seething altcoiner. Just admit you were wrong and you can start the process of healing
>Saylor
>Elon
>El Presidente
>JP Morgan, Goldman Sachs
>KYC everywhere
>blacklisting addresses
>no privacy
>LN makes transactions centralized
BTC is the NWO coin.
And when will anyone other than darknet vendors start accepting XMR?
some people already are
it's inevitable really, it's like saying you'll use a tomahawk when there are machine guns
>he thinks central bankers haven't already bought tons of BTC and miners, thus controlling the market forever
>he doesn't realize that these people make money both longing and shorting, and thus they are never going to let it go to a million dollars or whatever other dumb fantasy he has
idiot