.....it will take you down like everybody else... except the Amish.  Well thank goodness for that. I was beginning to think trotting around in this ridiculous horse and buggy thing was a bit silly. Suggest the silly part to millionaire horse race junkies. |
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A disruption in the smooth operation of Bitcoin would make chip-coins valuable in their denominated face. Somebody took out Nord Stream 2. There are miles and miles of underwater Internet cables. Take out some of the cable, and what do we have with Bitcoin? Separate consensuses? Based on continents or countries? If a re-connection didn't happen for two years, would China's consensus overpower America's? All the while that the the cables were out, would we all stop using Bitcoin until the cables were reconnected? Chip-coins with a face value would be a thing that could convert people into solidly using Bitcoin, just because people like to hold their money in their hands. Everybody finds a better deal on purchases after he makes his purchase. And certainly there are worse deals. Chip-coins would make it feel and be more real to people. Especially in the event of several main consensuses around the world. An app for a cellphone that could tether-connect to a reader to check a chip-coin's true value. But in the face of no local Internet temporarily, face-value chip-coins to do local transactions. |
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Embrace whatever works. If you have to use CDBCs to live, do it. But recognize that you can use them less and less as you bargain and barter more and more without using them. |
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Just remember where value lies. You can't eat dollars, and you can't eat bitcoins. You might be able to eat gold or silver, but it would be kinda difficult to do, and probably wouldn't do you any good. Everything is money of a kind, after a fashion. One of the greatest values of bitcoin is, bitcoin is teaching people this. Many people know it already. Many of them are wealthy from understanding this. They look at the clothes on their backs, realize that it is money, and figure out how to bargain it away for better clothing. |
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This sort of ponzi scheme is mostly what's causing some people to have misconceptions about Bitcoin. I am glad you made the correction, OP. I appreciate that. When I first bought Bitcoin and showed my friend the bitcoin in my wallet, he somehow felt discouraged and asked me why I wasted my money on such a scam thing, but I had to explain to him that Bitcoin is not a scam, and he was like, "Where can I sell the bitcoin?" All those silly questions were because he felt there was nothing like Bitcoin and no market for it. I just feel it is always right for those of us who are at least informed about the reality of Bitcoin to correct people who have misconceptions about it whenever we encounter such people.
Well, OP have done a great work. Not everyone does it. Bitcoin at the beginning days were much used on gambling and for illegal transactions. This itself a negative discussion on bitcoin. Later the same bitcoin have grown good and had been used for investment, transaction, trading needs. People should understand the difference between the ponzi schemes and real potential of bitcoin compared to other cryptocurrencies available for usage. The greatest advantage in using Bitcoin for illegal transactions is, to show that somebody else said that it was illegal, not you. If you have an agreement with government or somebody else that a certain kind of transaction is illegal, then it is for you, because you agreed to it. In the USA, the 9th Amendment (in the Bill of rights) says, "The enumeration in the Constitution, of certain rights, shall not be construed to deny or disparage others retained by the people." This means that we are not simply limited to the rights that are listed in the Constitution. See https://www.law.cornell.edu/constitution/ninth_amendment and https://www.law.cornell.edu/constitution-conan/amendment-9/ninth-amendment-current-doctrine. File a statement with government that a particular right you are using is a right for you, even though they say it is illegal. Base your use of it on the fact that the 9th Amendment is their restriction, to keep them from messing with you for doing what is legal in your eyes. The only things that you must do are, don't harm anybody, or damage his property, or threaten him, even accidentally. If it is something illegal in a big way, figure out ahead of time how to successfully stand against them in court. |
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Your long-term investment should include money that you won't need in the near future.
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When you invest in something, like the stock market for example, you put some money in, and let other people do the work... hoping that they will make a profit for you. With Bitcoin, invest it by using it in your daily life to increase its value by bringing new people into it. In other words, offer your products and services for Bitcoin only, not US dollars. |
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Of course people are confused. They're confused ever since government told them that Network Marketing is a pyramid scheme, just like they are saying that Bitcoin is a Ponzi. When they fall into the collapse of government because they couldn't figure out how to think for themselves, it will be too late for them. Time for those of us who understand, to combine Bitcoin with Network Marketing, to help some of the people survive, with us at the top. |
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The best banks are the GRAND BANKS off the coast of Canada. They'll never get your money there. LOL. Grand Banks, portion of the North American continental shelf in the Atlantic Ocean, lying southeast of Newfoundland island, Canada. Noted as an international fishing ground, the banks extend for 350 miles (560 km) north to south and for 420 miles (675 km) east to west. They consist of a number of separate banks, chief of which are Grand, Green, and St. Pierre; and they are sometimes considered to include the submarine plateaus that extend southwestward to Georges Bank, east-southeast of Cape Cod, Mass., U.S. Depths average 180 feet (55 metres), but many places reach 600 feet (180 metres). |
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When we talk about stability, I wouldn't compare Bitcoin in some way to gold and silver in terms of stability. Gold and silver prices are more stable than Bitcoin, but Bitcoin has greater strength when it comes to resistance and bouncing back. When the Bitcoin price wants to drop, it can drop beyond prediction, and when the price wants to pump, it can also do the same. Of course, such a chip-coin would need to have a reader the size of a cell phone, that one could use to see if the chip-coin had been compromised... by comparing the chip-coin to the blockchain at the point of trade.
if the idea of the proposed chip coin is to be considered. How will the price of each chip be calculated? Will it be equal to 1 BTC based on the market price, or will it be chipped and produced with specific amounts of SATs holding on each of them just as normal currency value defers? How many of these Chip coins are going to be produced since one can become useless after a first-hand trade and the buyer claims the proclaimed amount into his wallet, leaving the wallet empty? just asking to be sure. I didn't mean a strict comparison with gold and silver regarding volatility. Chip-coins could be set with any value locked in. Anybody could get a blank chip-coin and add original value to it, but once it was there, it would be like a locked wallet that you traded. It's value could be checked by plugging it into a reader to compare it with the blockchain. Nobody could enter bitcoins into the chip-coin in its blank state, except that he owned them in the blockchain already. But once he 'sent' them to the chip-coin, a hash would be made in the chip-coin and blockchain that didn't have any address to take them out again. Of course, since this is only an idea so far, it might be better to have a method built right into the chip-coin so that a reader could remove the bitcoins therein. We need real Devs to think about all this. Would it be advisable to give the chip-coins an internal destruct mechanism to protect against people who wanted to physically alter them? This, and losing chip-coins, would be like burning them... like the Genesis blocks, until Satoshi moves them. If enough bitcoins were lost or burned, the rest would naturally increase in value, so that the population of the world might have a substantial amount of them by using satoshi's rather than bitcoins. Wallets could be made that could split satoshi's into any number of smaller bits. Of course, the blockchain might need to be adjusted for this. The most important understanding in this whole thing might be, we would be trading wallets rather than bitcoins directly. We could do this right now if we started a whole new kind of blockchain along with the original... an encrypted wallet transfer blockchain, that could both, check the value of the wallet, and be totally encrypted as the current blockchain... perhaps with a hash as the new wallet password every time it changed hands, so the old owner could no longer use it once he gave it up. Just some thoughts. EDIT: Trading wallets rather than trading bitcoins might bring the whole thing out of the domain of government regulations. At least, they would have to start a whole new train of thought to make regulations that would fit wallets. |
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The cynic in me says these kind of ‘crisis’ are orchestrated, artificial if you will. The only thing I know is that fiat banking systems have a shelf life & they're probably going to be in serious trouble a lot sooner than we think.
You are not here on this forum by accident. It’s because you are a critical thinker, different to the average guy. Protect your net worth, buy bitcoin & store them in self custody.
Be your own bank.
Having a secure, physical Bitcoin method might bring Bitcoin into realistic usage... you know, a real Bitcoin coin. |
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Dose drugs have an advantage on human being.Maybe the OP really meant that people consider the 'dose' of the drugs that they are taking. He says 'dose' in the thread title. This might be important. All those poison drugs (mostly the medial ones) out there might be very beneficial if we took them in microscopic amounts. This is what homeopathy tries to do.
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The price of Bitcoin seems to be showing that Bitcoin is something stable like gold or silver, erc. The problem is twofold: 1. how to make Bitcoin to be better known among the population, so that they all start using it; 2. The fact that there doesn't seem to be a 'real coin' method, so that you can hold a physical coin in your hand to trade with others face-to-face. Regarding #2, is somebody going to come up with a chip in a coin-sized object which will hold certain amounts of bitcoins or bitcoin fractions? Of course, such a chip-coin would need to have a reader the size of a cell phone, that one could use to see if the chip-coin had been compromised... by comparing the chip-coin to the blockchain at the point of trade. Bitcoin Becomes 12th Largest Asset Worldwide by Valuation, Surpassing Visa
https://news.bitcoin.com/bitcoin-becomes-12th-largest-asset-worldwide-by-valuation-surpassing-visa/However, its price has decreased by 6.5% in the last 24 hours. Out of the 7,316 companies, crypto assets, precious metals, and exchange-traded funds worth more than $82 trillion in value, bitcoin is the 12th largest asset worldwide by valuation. Bitcoin's Market Capitalization Compared to Other Top Assets: Leading Crypto Climbs Above Visa, But Lags Behind Meta Crypto assets, specifically bitcoin (BTC), have increased in value this week following the collapse of three major U.S. banks. Over the past 24 hours, bitcoin (BTC) has dropped 6.5% against the U.S. dollar. However, weekly metrics indicate that BTC is up 9.6% week over week. Most of BTC's increase occurred on March 14, when it jumped above the $26K zone to precisely $26,533 at around 9 a.m. (ET) on Tuesday. As of 2:35 p.m. on March 15, bitcoin is exchanging hands for $24,357 per unit. ...
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Interesting idea, fresh  Can you clarify? Please - in detail, describe what is really good given to today's world, for example, Iran, Russia? Well, only specific facts that can be verified outside of their local media, which is marked by international recognition, is patented? Ideal - such facts / events / discoveries / developments over the last 10 years? I am sure there will be a lot of interesting, and unrealistically useful!  PS Yes, I agree right away - the samovar was still invented in Muscovy, though on foreign lands, but let it be their "achievement" People are each a mixture of good and evil. Truly evil people show some good in the ways that they treat their family, or other people that they work with. Truly good people have, at least, a touch of evil in themselves at times. The 1970 movie, "Colossus: the Forbin Project," uses outdated computer ideas to make it realistic for the people of its time - https://www.youtube.com/watch?v=kyOEwiQhzMI. The movie, as well as the book (they are a little different), are quite interesting from the standpoint of what they are portraying. They portray the fight between good and evil in a different way. And they don't even say what this 'different way' is. If you take good and evil, and control them to fight against each other, with your personal goals to be the outcome of the good-evil battle, are you good or are you evil? |
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~ I think Russia has no reason to take Bakhmut...why chase enemy when other side is readily bringing new soldiers for
easy kill
Those troops stuck in Bakhmut, once deprived of drugs and and electromagnetic zombification methods or whatever is happening to those poor fuckers in Ukraine, they might even come to their senses and fight with the Russian FOR their country rather than fighting for the Zioncons to dismember and de-populate it. How enlightening. Western leaders don't care what happens to Ukrainians. Of course, they actually dislike death for them in humanitarian ways. But that's only second (or less) to what they really want. What do they really want? Empty Ukraine of anybody that is not of a formal-Western-goals mindset, and replace them with 'Westerners'. And do it without risking any more of their Western chattel than necessary. Get Russia to do it for them. "We'll cross the bridge of taking care of Russia when the time comes." Russia's nuclear missiles are so large that they almost don't need to be nuclear. Fill them with something a bit stronger than TNT, and they might do just about as good a job as the nukes would... minus the radiation. Is it time for Russia to eliminate the people of the West and take over their lands? Is that why Russia isn't winning as fast as we have thought they would? Maybe we are looking at this whole thing from the wrong direction. Maybe the super-rich are using Russia to take over the world by depopulating every other country, starting with Ukraine. Maybe the US will go the way of Ukraine, later, in some strange, strategic way. However... Tucker: Zelenskyy is demanding you send your kids to war
https://www.youtube.com/watch?v=qG8uLFHJWVE |
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Thank you all for all the points. Interesting. |
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It's probably a good idea to learn Russian. If the US and Nato keep on pushing her, they will make her mad, and we might wind up needing Russian just to live. |
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Congratulations. Many happy returns, and many more kids. |
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Congratulations. I only bought a car. |
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Here's part of the way to stay 'FREEMAN ON THE LAND'. Check out the podcast. Guest: Cody Wilson - 3D Guns and Empowering the Masses by Making Gun Control Obsolete
https://open.spotify.com/episode/7oF54iHhoTumtmU3fkcPY1?go=1&sp_cid=845c1dd308e935ae15b6e88bbae83b53&t=2&utm_source=embed_player_p&utm_medium=mobile&nd=1&product=open&%24full_url=https%3A%2F%2Fopen.spCody Wilson is the founder of the Austin-based Defense Distributed — the first private defense contractor in service of the general public. Since 2012's Wiki Weapon project, pioneered by Wilson, Defense Distributed has defined the state of the art in small scale, digital, personal gunsmithing technology. In the years since it began the project has evolved from rudimentary single shot pistols in to full-scale at-home weapons creation with unlimited options. Now, potential customers no longer need to order metal parts online to complete their weapons and instead can build from scratch right in their own home. Predictably, the nature of Wilson's activism and enterprise has put a target on his back yet he has consistently persevered, winning a landmark First Amendment case to keep 3D-printed gun plans online — despite Obama, Trump, and Biden all fighting against him. In this podcast, Matt and Jason discuss with Wilson how distributing the means of self-defense can level the playing field between tyrants and their subjects and how a well armed society is a more peaceful society. We talk about the current attacks on your right to self-defense and how we can not only fight them but circumvent them altogether. This is a must listen show. (Length: 1:08:29) ...
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Lookie, lookie. An correspondent who covered CIA stuff in South America, finally telling us what is really going on in Ukraine. Ukraine's Death by Proxy
https://chrishedges.substack.com/p/ukraines-death-by-proxyThere are many ways for a state to project power and weaken adversaries, but proxy wars are one of the most cynical. Proxy wars devour the countries they purport to defend. They entice nations or insurgents to fight for geopolitical goals that are ultimately not in their interest. The war in Ukraine has little to do with Ukrainian freedom and a lot to do with degrading the Russian military and weakening Vladimir Putin's grip on power. And when Ukraine looks headed for defeat, or the war reaches a stalemate, Ukraine will be sacrificed like many other states, in what one of the founding members of the CIA, Miles Copeland Jr., referred to as the "Game of Nations" and "the amorality of power politics." I covered proxy wars in my two decades as a foreign correspondent, including in Central America where the U.S. armed the military regimes in El Salvador and Guatemala and Contra insurgents attempting to overthrow the Sandinista government in Nicaragua. I reported on the insurgency in the Punjab, a proxy war fomented by Pakistan. I covered the Kurds in northern Iraq, backed and then betrayed more than once by Iran and Washington. During my time in the Middle East, Iraq provided weapons and support to the Mujahedeen-e-Khalq (MEK) to destabilize Iran. Belgrade, when I was in the former Yugoslavia, thought by arming Bosnian and Croatian Serbs, it could absorb Bosnia and parts of Croatia into a greater Serbia. Proxy wars are notoriously hard to control, especially when the aspirations of those doing the fighting and those sending the weapons diverge. They also have a bad habit of luring sponsors of proxy wars, as happened to the U.S. in Vietnam and Israel in Lebanon, directly into the conflict. Proxy armies are given weaponry with little accountability, significant amounts of which end up on the black market or in the hands of warlords or terrorists. ...
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