Its time to hear if bitcoin is legit or not!!
Someone with good and legit reputation need say here if bitcoin is secure safe and legit!!
It's open-source. It's our own job to decide whether it is or not, through research. If you don't want to trust other members of the forum and so many wealthy individuals and smart tech guys who've decided to invest in Bitcoin and trust it, then you could learn C++ and analyze the source code yourself. We Trust USA dollar because its Federal reserve are legit guys!!
If the system that has enslaved you is what you call legit guys, you should love Bitcoin.  What the Queen of England think???
Is Bitcoin Good?
Nowhere will you ever hear a governance praise something that is supposed to eliminate the need of governance. It's kind of a self-destruction. The Queen of England is 94 years old, do you really think she still has the capacity to study Bitcoin or understand it? If Something happens with USA dollar at least we Can blame someone. If Bitcoin then who?? Satoshi? Lol, That's what is the difference between Good and legit USA dollar is Good and as I told until 2025 USA dollar Will be very strong. Eur and USA dollars 2 kings!! But Bitcoin??? Well not Even close to |
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The Petrodollar system makes the nations that want to buy oil in the Middle East use the US dollar. Currently, the world's oil tanks are full, the demand for oil supplied outside the Middle East such as Russia and other countries has caused the USD lack of liquidity and the risk of a slump is very high. It also strengthens other currencies against the dollar.
Along with that is the economic recession of the United States that is seriously in the pandemic. Sectors in the economic structure are affected by the taxation of Chinese goods.
The above reasons put the dollar at great risk of collapse.
That's Why They make deal with europe. So USA Will build joint chain with eur Currency. https://ec.europa.eu/commission/presscorner/detail/en/statement_20_1512 |
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Russian currency have big problems
The only Country is left is China who want to Deal with russian currency.
But in Russia Everybody who knows that ruble is highy inflated and all most worthless they all ready use thether cryptocurrency.
The Coming sanctions can only proof that currency is close to de valuation.
As the Russian natural resources was Main reason to buy ruble to buy and export to the west.
If China will not do any Exchange with rubles its sign that currency will be devalued.
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The oil reservers around the world is full.
There is all ready too much oil.
The USA dollar demand was coz of oil.
USA dollar have problem now!!
USA dollar was backed by oil Trading!
Now When oil is down in order to keep USA dollar as Reseve currency they need to Back up USA dollar with other things.
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Can any good coders check btc code and approve that btc is good!
I mean how we know Satoshi Don't have some backdoor to steal our bitcoins?
Good point, Seems like you are not familiar enough with bitcoin project and kinda new. To be short and simple, bitcoin project is completely open source and transparent and all the codes and updates are available on GitHub fro beginning to end. So, anyone can check the code and make sure if it's completely safe and secure or not. Actually, that's the reason of why many people can trust it otherwise anyone could places backdoor on it and take everything. All Right perhaps donald Trump might not the right person to give approval of Bitcoin since his not a coder... Lol but who knows maybe he knows about coding Is ethereum also with Open source? |
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Why newbies who Don't know how to trade not invest in funds who trade now its very popular.
Instead of risking yourself?
Many investors now invest in funds who trade and pay daily Weekly Monthly yearly Roi of investment.
Its best way to make your income good!
Coz there is so many good traders who can trade good profits and they also have good whale inside informations about whale movements and new coins announcements!
For newbies its great way
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There are already many other topics on the forum explaining what you asked here. But I'll repeat, Since bitcoin is not centralized and not getting controlled by any government, It's not possible to have a governmental or federal leveled negotiation to someone and announce it federally legit or not. Actually, that's a positive point of bitcoin. Otherwise, bitcoin would not be borderless and available in all other the world.
Can any good coders check btc code and approve that btc is good! I mean how we know Satoshi Don't have some backdoor to steal our bitcoins? |
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If reputation was all it took for something to be real or not, then scientists, researchers, developers wouldn't even be needed. Actors, Artists, Politicians would be the only ones you'd actually need. Please, a simple definition of Bitcoin, add that with 10 years of it's existence should be more than enough for you to understand that Bitcoin is legit and safe. I'm amazed how you have the time to post in this forum asking questions that a simple lookup could answer ing 5-10 seconds. Also, if you were to ask what Trump's stand on Bitcoin then here you go: “I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity.” A year old, just looked it up and this is what popped up. Just goes to show that even if he said something like this about Bitcoin, those in the know would not simply abide or believe by whatever he says, and only the ignorant would. Source: https://www.forbes.com/sites/youngjoseph/2020/06/10/donald-trump-said-bitcoin-is-based-on-thin-air-but-wall-street-is-buying-en-masse/#603f18d04d27Thts a redflag all ready!! Will there will be news that Trump will say btc is good? |
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For staking yes If price goes up its good but If goes Down.... Then its pointless!!
At least If you know what you can make full time income with trading!!
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I am not that too good about cryptocurrency but I can say that bitcoin is legit and secured as long as the wallet storing it is safe and legit, bitcoin is easy to be stolen by havkers and scammers but is hard to return but this can be prevented once you are using a safe wallet.
Bitcoin itself is legit, it was made year 2009, how can you say that it is fake if until now it is atill existing, bitcoin lives for 11 years as of now and it will live longer for the future.
I wait for donald Trump or Putin , Simonetta Sommaruga or pope of vatican opinion If btc is good or not!!
If bitcoin Don't get better I give maximum of 1 year more bitcoin to survive! If things not get better with btc it will not last long [moderator's note: consecutive posts merged] |
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Its time to hear if bitcoin is legit or not!!
Someone with good and legit reputation need say here if bitcoin is secure safe and legit!!
We Trust USA dollar because its Federal reserve are legit guys!!
So is bitcoin good or not?
Someone like donald Trump should if its legit
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Trading takes time not just trading but analysing the market!!
If you are good with trading then why you even waste your time for other Job?
There is many people who make living with trading.
And the covid 19 means more people more and more will Come in to Trading.
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I have the specially way how to get much profit with trading, waiting moment where bitcoin and altcoin get bad news like hack, bad tweet from world economic to buy bitcoin during price is going down. Many investor will sell their assets after get bad news like bitcoin hacked, bitcoin banned as currency transaction payment but I brave my self to buy and invest with bitcoin, after recovery and get good news I will sell my assets of course with higher price and take much profit later, never worry to buy and invest with cryptocurrency during get bad news and sell all your assets after get good or positive news, repeat this way if you wanna get lucky and much profit on cryptocurrency investment.
Yeaa Bad news is Good time to buy!! Best time |
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The fall of currencies of the third world countries.
What is the Solution?
The Solution is the sanctions!
Why its to hide the Problem and not let people to disvover the currencies are all most worthless.
The 40% lands and resources are bought by Foreign investors with USA dollars there is no need of to Exchange those currencies to USA dollars.
Now those countries can only survive If They take loan from IMF.
To take loan will give them liqutity on the markets.. But in order to get loan from Foreign banks... They must have something to give on return.
Kyrgigstsn belarus and those Kind of countries will get sanctions If they are not qualify to get more loans the sanctions are Perfect measures to hide the currencies worthless issues.
In order to Exchange currencies the other Exchanger must know for what he need the currency as USA dollar holder will only Exchange for reason as the reason Going lower the currency will go lower too
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Is to take taxes of each transactions automaticly some small %
Its beneficial idea and smart and sustainable way.
And blockchain Technology can be helpful to make it this!
There is no need for tax office to take your tax declarations!!
As we all use internet bank so Every transaction we do the small% goes to government Automaticly.
And government will be on blockchain and Everybody will see the balance where the money goes and so.
Transparent Easy and sustainable
Think about how many transactions people do online each day? If Even little% to be taken... The government will be Strong because more money Exchanges more transactions means more Economic actvity and more Economic actvity the more government will get taxes.
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Need to give officials and Political people better salary and more bonuses.
Then They Don't need to steal or bribe as their salary will be higher.
Good idea Right?
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Money laundering on a public register is a ton harder to do then in large amounts of cash within many entities which are unregistered an uncontrolled in moving those cash amounts. Also dollar is an endless stream of trillions in pure cash flows, its far easier to hide anything you like in that system where as BTC I can look up everything that happens on any BTC address I get hold of and see how much was received exactly when etc.
Its a fallacy basically, incorrect assumption based on not recognising the details. In the TV series Narcos its goes over in quite some detail how the drug dealers became the richest men in the world and laundered the money all in dollars.
They can do what ever They want no rules for them!! There was confiscation of the Dark bitcoins all around the World... What you think They just hold those btc?? Sure They are not They want money and They will sell it for cash. The rules are working for small guys not for big guys And Even when there is crime and so no body no FBI no CIA not mossad masons and secret Service Don't Care about morals all They want to know is where is the money! Small guys Don't run the show They are just getting the small pocket money when the small guys are fat enough the so called police fbi irs government will take it from them by taxes or Criminal allegations. So recently They been taken a lot bitcoins around the World somewhere this bitcoins should end up To sell that big ammount of Bitcoin They need alad lot liqutity.... And where is the big liqutity?? In USA with USA dollars off course!! But how to sell something??? You need reason for that, Right? Who are the Main customers in USA for cashapp?? Everybody knows that GHETTO people Will they buy bitcoin with Higher Premium price? Hell yes!! Will there will be more stimulus??? Hell yes!!! Will there will be more tax returns covid aid packetcs??? Hell yes!! And yee cashhpp will bring the btc to highest Im not gona add nothing more but anyone who have Brain can undestood!! |
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The elite dynasties invest in creating corrupt politicians. This allows them to control countries, and steal their assets. They recruit young prospects through scholarships like the Rhodes scholarships, and The Schwarzman scholars.
Going through all the quotes to the OP this is the one that caught my attention. You have just said the whole truth about elites and their corrupt ways of manipulating the puppet leaders and brainwashing the masses with scholarship and bribes. People who I been talking and what I seen myself say it is so They need just a lot legimate Looking fronts in order to keep Going that Whole system. The money can be loundered only big ammounts if there is equal demand and Exchange of legal money the Dark can not exist without equal ammount of Light. So its just the Way how it is |
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What will be the things Different in future?
By 2 years "
5 years*
10years *
20-40 years*
What will be those things we look Back and say wow how did people in 2020 lived like that.
Like wow how stupid we was at year 2020
Like now now we can look Back the times like kings and those times when people had no human rights and Roman empire used slaves.
And world 1 and world war 2 now we look at Back and say wow what Kind of Hell on earth it was...
So what would be things now what we future say wow... What dumb way to live
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Are they are going to washing money to dump btc and other cryptocurrency in USA?
Is USA going to be dumping ground for dark markets and btc scammers and whales?
That's why the Fidelity and grave scale will buy btc?
To burry btc in USA?
This seems like a tough thought to answer, and like a conspiracy, if indeed the USA wants to bury BTC, of course this conspiracy is scary, and we know that cases of money laundering in cryptocurrencies occur very often, and that's natural, because there is no regulation yet, Bitcoin is still a tool of crime, Nothing Scary life is business! Those big guys who wear nice suits and smile nice not some angels! Dark side is alalways there! As we know dark people want to sell their btc for good profit and whst they need is liqutity* |
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