Bitcoin Forum

Hey guys, let me know what you think!


https://steemit.com/bitcoin/@sek3/bitcoin-makes-it-to-davos-and-government-talking-heads-are-pooping-their-pants-in-excitement-not-really

Well I'm starting to believe thast the fed created Bitcoin, so those comments are fairly predictable as the Fed prepares for phase 3 of their crypto currency creation. Phase 2 is the chucking of the dollar under the bus, and that is just starting at the moment.

What would phase 3 look like?

Is that actually your belief? What reason would the fed have for trying to destroy their own currency? Why could they not just openly admit they created bitcoin and that they wanted to transition to it?

I am not sure on what ground you are telling that Federal Reserve created that currency? Bitcoin and cryptos have become a growing concern for a lot of countries its price increased exponentially. A lot of banks including some Central banks have shown mixed concerns on the impact of cryptos on their economy and a lot of countries are yet to come up with a concrete decision. So it's not a surprise that bitcoin will be discussed during the meet of World Economic Forum at Davos. But these discussions or comments doesn't really show or prove that cryptos are created by Federal Reserve. So please let us know the reasons to provide the community a food for thought.

Governments are literally afraid of the fact that they are losing over the trades that are happening under their nose and they are unable to "trace" them. Though, people are trying to help these suckers by asking them to put up a tax, a centralized tax for the decentralized currency that may be beneficial for their own country's growth. But no, without even giving their heads a little pain to do some factual research behind Bitcoins, they've made up their freaking minds and will probably try to harm the crypto economy by banning and stopping such activities in their countries. They are not scared of the money-laundering part (let us ask these politicians that how many of them are non-corrupt themselves), but the fact that they are not getting the piece to eat. Let us take a pledge and not fall for the bullshit crappy words these officials spit the hell out of their mouths as following them could be dangerous for the health of crypto minions.

Well, it is quite a superficial article, just mentions three quotes and makes some quite obvious remarks. Reality is a bit more complex.

Stop reading 'summaries' and go directly to the source. Here's the hour long video on crypto assets at Davos 2018: https://www.youtube.com/watch?v=5MZv9fLLfa4

It wasn't my intention to write a dissertation on it. Just to point out the obvious contradictions and maybe get a chuckle here and there.