Bitcoin Forum
May 27, 2024, 12:03:05 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1] 2 3 »
1  Other / Politics & Society / Re: We knew it! US SANCTIONS CAN BE AVOIDED BY USING BITCOIN… Awesome! on: September 24, 2022, 07:06:00 PM
Zerohedge isn't a reliable news outlet for information so I don't think they should be used here.

Original post in Zero Hedge comes from Bitcoin Magazine: https://bitcoinmagazine.com/markets/russian-central-bank-and-ministry-of-finance-agree-on-bitcoin-crypto-bill

Isn’t Bitcoin Magazine a reliable source? What is reliable, CNN? I’m just LOL. A lot.
2  Other / Politics & Society / We knew it! US SANCTIONS CAN BE AVOIDED BY USING BITCOIN… Awesome! on: September 24, 2022, 03:22:48 PM
Now is ZeroHedge who is spreading the word about how Russia is adapting their legal system to allow bitcoin payments: https://www.zerohedge.com/crypto/russia-one-step-closer-using-bitcoin-crypto-international-trade
It is the same article I posted yesterday.

It is SWIFT who is going to be sanction by BTC and not the other way around. Read it here: https://bitcoinmagazine.com/business/bitcoin-will-replace-swift-before-visa.

And no, as someone asked me in another forum, I’m not Russian. I do not speak Russian. I speak other languages apart from English, but no, I do not speak Russian, and I have never been there. My position respecting Russia is total indifference. I do not even know anybody from Russia.

I just think that Russia is not worst than the US respecting their international policies. That’s all. “Russians are criminals!”. As much as US Americans are respecting their international and even internal actions!

And at this moment, for the EU and Europe as a whole, it is US who’s been targeting them since long ago. Go back to the Victoria Nuland’s conversation, right after the US promoted a coup de tat in Ukraine, when her telephone was wiretapped (probably by Russians) and she was caught spelling US officials’ true feelings about their actions over Europe: “F… the EU”. The conversation is public. If you don’t find it is because you don’t want to.

Meanwhile the Germans, behaving as the dopes they are, are comfortably numb while sleeping over their big “siesta”. It was supposed that it were the Spaniards who liked the siesta. No, Germans started the siesta in 2014 and they haven’t wake up since then. A bunch of dopes with the skill of making nice cars. Dopes at the end. Whenever they wake up and they demonstrate they have realized they are the target in this Ukrainian war, and start doing something about it, I’ll change my opinion about them. Meanwhile and as much as you don’t like it, please, digest the truth.  
3  Bitcoin / Bitcoin Discussion / Re: Russia Approves The Use Of #Bitcoin And Crypto Cross-Border Payments on: September 24, 2022, 06:29:01 AM
The source didn't seem very reliable to me...

I don’t know if the source in the initial post is reliable, but the news are true.

You have a link in another post in this forum: https://bitcointalk.org/index.php?topic=5414636.0 (You will read in this post, that has been blocked for no reason or just because everything I wrote is true and cannot be rebutted, some guy saying that Russian sanctions should be kept, but recognizing US should be sanctioned too for its actions. So… this is the real bitcoin spirit! Right? Sanction everybody, everywhere. This is, precisely, why Nakamoto created BTC… to stop nations tempering with money! Some people just don’t get it.)

And here you have the original post: https://bitcoinmagazine.com/markets/russian-central-bank-and-ministry-of-finance-agree-on-bitcoin-crypto-bill

So, news are true.

For those talking about “desperation”, it is the German dopes and the rest of their EU satellite dope nations the ones who are pretty close to desperation. They have been pushed by the US to what it seems is going to be the worst energy crisis they’ve suffered in history. This war was aiming since its very start to Germany, not Ukraine, and not Russia. Germany is the pimple on their ass that was showing how bad the US economy and industry has been rolling down for years now. US need to destroy any nation that can be use as a mirror by their own citizens as an embarrassment of how badly US industry have gone for the last two decades. So, first, by destroying Germany and the EU, US is going to make a ton of money (yes, and as usual, on guns). Second, they will eliminate a competitor. And the Germans dopes, for the third time in their history (second one during WW II perfectly deserved), they will allow it to happen. They still brag (they do it indoors, but they still do it) about the “superior beings” they are. Nope. Collectively? They’re just a bunch of dopes. Same for the EU countries following Germany, with their dope German "Queen Ursula von der Liar” on the very top of the list.

Remember also that Japan was blocked (by the US warmongers) in the midst of WW II like Europe is right now. They went nuts and bombed Pearl Harbor. This was an US plan to involve and subjugate Japan. It finished with US becoming the only country to ever have used nuclear weapons on an enemy, when many historians and military sources think it was a complete unnecessary use of force over civilians. Japan was already very close to surrender. US is seeking that type of Japanese craziness, but on European soil.

Now you read in so many posts that the Russians are the “criminals”. Really?

But media, including this forum is absolutely controlled by US intelligence. Oh, yes, it is! The immense US corrupted budget have given them power to reach anywhere and everywhere. US is right now one of the most corrupted countries over the face of the Earth. Of course, Russia is too, but it is impossible for any nation to reach that level of corruption. There’s no limit. They have the USD printing press.

Bitcoin will finish this. It will finish with Russian sanctions. The US empire of injustice will crumble with bitcoin. This is why they have been attacking it since its inception but failing on every single instance. And don’t get me wrong. I still adore what so many US Americans have done for the world for so many years. Bitcoin to start with (probably, most of the guys under the nickname Nakamoto were US Americans). But when it comes to the warmongering and the US killing people everywhere, including drone striking US citizens abroad, it must stop.

4  Bitcoin / Bitcoin Discussion / RUSSIA GETTING CLOSER TO JUMP OVER THE INTERNATIONAL SANTIONS WITH BITCOIN on: September 23, 2022, 02:36:42 PM
Here is the link: https://bitcoinmagazine.com/markets/russian-central-bank-and-ministry-of-finance-agree-on-bitcoin-crypto-bill

The German dopes, I guess, now will realize the real purpose of this war was them. Once again, they have broken a nice Russia-Germany alliance as it happened during WWI, that later lead to Germans going nuts to become the most embarrassing nation in the world up to WW II; and now they have been misled to the worst energy crisis they have ever suffered in modern times, which will unavoidably lead their economy to go broke. Meanwhile, US will be making a ton of money selling guns. Well done, Germans! Bunch of dopes. Yes, they can make cars. Dopes who can make cars. Let's leave it there.
 
By the way, I posted a similar text somewhere else, and somebody told me that “I’m a German hater”. This is like telling a guy whose wife is having sex with the whole town without him knowing it, and when I text him to tell him he’s a dope, one of the guys who’s having sex with his wife comes to tell me that I’m the "guy hater”. Really? Am I?


5  Bitcoin / Bitcoin Discussion / Re: GREENPEACE INTENSIFIES CAMPAIGN AGAINST BITCOIN FOLLOWING ETHEREUM'S MERGE on: September 23, 2022, 04:55:38 AM
The bad thing about this is that with the climate sensitivity around the world, the message that Bitcoin is a threat to the environment is getting through.

I’m not so sure this message is getting through. We’re debunking all this lies about BTC and the “climate change” religion. Mass media, governments and their footmen corporations are losing this match. They just are a one-way loudspeaker. You cannot hear what the listeners are saying on the other side of their screens. But we, the common people do. And what are they saying? This is BS.

Just yesterday I was surprised at lunch time at work, when a guy that I would have never thought he was holding such opinion said that... this is all BS. Some guys were talking about news that this autumn is expected to be really hot and dry, and he just said, “how would they know if they cannot even forecast the weather tomorrow? We know. Everybody knows they cannot forecast accurately the weather one day in advance, and they are pretending to know what is going to happen next three months? Give me a break!

So no, the message is not getting through. We’re many, and we’re doing quite a good job when it comes to debunking all these interested liars.

Sure and it can be used as a weapon (it's already been), but that doesn't mean there's no climate change.

No, the fact that governments can weaponize people based on the climate change religion does not prove there's no climate change. That's why I have never said that. What demonstrates it is not real is the rest of my comment that you, obviously, did not read. There is not data to prove climate change. Having you playing stunts with my arguments does not prove yours is right.  

One person, you, or many people saying there is such a “climate change” does not prove there is such change as having everybody saying the Earth is flat, as it already happened along history. A fact does not depend on how many people believes it to be true or false. I do not need to prove it to be false. You, whoever is saying it is true, need to demonstrate it is. Saying, “look, the other day I saw images of a draught, or a flood" does not prove it. Or "oh, look, there’s hurricanes!” And there are a lot more than ever!” Says who? Where is the data to prove your statement? You need to come along with data that demonstrates there is a real change respecting the millions of years the Earth has been turning on. You have no data. No data? No proof. No proof? Climate change does not exist. This is call scientific method. You lack it.
 
Do you believe it does? Some people believe in God. I do not discuss people’s beliefs. Everyone has the right to his own religion. Climate change is a religion. Take it for what it is.
6  Bitcoin / Bitcoin Discussion / Re: BTC mining cannot be affected by an ARTIFICIAL ENERGY CRISIS on: September 21, 2022, 04:28:30 AM
I disagree. It's not about US interest in wrecking EU specially if it all falls apart (mainly NATO). More so when you consider that the world is dumping US dollar as reserve and trade currency and the only thing left for US

It is obvious you haven’t read the link to the RAND CORPORATION in my first post in this thread.

My boss yesterday was saying… “people do not read”. He was referring to our clients who ask for our technical support services, we answer them and then, they ask the same question again. Solution is in the mail thread. They haven’t read it.

He was saying, there’s monologists now everywhere. Everybody talking, nobody listening. Read the link and you will see how the US and why, yes, the US has promoted the war in Ukraine to wreck Germany (why this wrecks whole EU).

So, once you have read it (you haven’t), I’ll take my time to keep the conversation with you.
  
... it doesn't matter to them whether the war was mainly caused by the instigation of the US or the insanity of Putin... They're all probably against the war because they're suffering from the effects of it.

Your comment is already so biased. If it hadn't you would have written "the instigation of the US or Putin". US trying to wreck the most industrial country in the EU is not “insanity”. What the hell is it? Putin is insane and, I guess is also your point, any country who responds to US aggressions is “insane”. The US can attack without any justification any country in the world, but that is not insanity! US can attack Iraq because they had “arms of mass destruction”, which they didn’t, and the US walks away with it. US can provoke the Arab Spring while the US President promoting those wars holds a Peace Nobel Prize in his hand, and that’s not insanity.

The US promised not to increase NATO with old Warsaw Pact countries at the end of the Cold War. US never complied with their promise. Not happy with bringing countries to NATO that have frontiers with Russia, the US promoted a coup de tat in Ukraine in 2014 and organized a manipulated election process that was a complete scam. So, I guess you haven’t either read the RAND paper at the beginning of my thread. That paper cites the US provocations that would undeniably lead to a Russian invasion. Who is the aggressor? The US is.

And it does not matter? It does not matter to people who lives on the benefits of US promoted wars everywhere around the world. It matters to all people who suffers those wars, as it is happening to Ukrainians right now. It is my point that it does not matter to the German dopes. If it did, they would already be doing something about it, which they are obviously not.

And no. People in Europe are against this war because most Europeans have traditionally been since the 90’s against US promoted wars. Now, their governments have fallen in the hands of globalist elites, and they don’t care if the consequences of the US promoted war fall on their citizens knuckle heads (as soon as they stay still and protests are not general and massive… knuckle heads). But the case of Germany, which is the most affected country, is so pathetic (Italy, Portugal and Spain are buying mostly Algerian natural gas). This is what I have already said that bragging about being “the superior race” (yes, it is so racist) and then behaving as plain collective dopes, which they are at this very moment, is contrary to the historic truth: Germany is a country of dopes.

And, of course, this is not affecting BCT mining in the slightest. It will promote BTC as many trying to escape the European hell as this war evolves and things start getting really messy, they’ll need to resort to reliable money as BTC.
7  Bitcoin / Bitcoin Discussion / Re: BTC mining cannot be affected by an ARTIFICIAL ENERGY CRISIS on: September 19, 2022, 04:42:13 AM
Contrary to urban legends, think tanks don't and cannot directly influence governments or important seats of power - individual members who may have participated in the sessions could also have important positions in those governments and make the infuences themselves.

I haven’t said RAND CORPORATION is influencing nothing or anybody (this is what I call “twitterism” that means responding something in a thread that has no relation at all with the statements in the initial post). I just saying they’re denying they wrote this paper and they’re labeling it as misinformation.

But whether they did or not is not the core issue here. The dough here is that the paper is absolutely right in every statement they do. Whoever wrote it, they nailed it. It perfectly explains the US interest and benefits in wrecking Germany and the rest of the EU. It perfectly explains this is a US made “energy crisis” that cannot affect anyone except the German dopes (at least and individually, they are hoarding SATS like crazy).

By the way, Germans that claimed to be not so long ago a collective superior race are demonstrating, again, not only they are not such a thing, but probably one of the most inferior societies in history of the world. They have typically confused skills in certain branches of engineering with intelligence. No, that’s called skills. Intelligence and collective intelligence are much broader concepts that it is obvious Germans lack. This war against Germany that the US just started under the Ukraine war camouflage, while Germans are behaving as the dopes they are, is the clear proof (read the RAND analysis in my link in the initial post). They were kicked hard in the ass during WW I. They went completely nuts on WW II to become the most embarrassing nation history has ever seen. And now, you see, how easy a country as the US can temper with them and cripple down the result of years of hard work and national reconstruction.

I’m I wrong? Do not answer to me here with some bla-bla-bla blabbing drooling speech. Walk the walk. Whenever I see Germany walking out of NATO; spelling US troops and bases out of Germany; reestablish relations with Russia; buying their gas and oil wherever they wish and not where the US tells them to; and definitely behaving as a collective smart and independent nation, without barking nonsense idiocy about the Jews or whatever other scapegoat they might try to find to explain your own collective incompetence; I’ll change my impression about Germans and reconsider my idea that, at the end, they’re just a bunch of dopes.

They’re just the wannabes that have never been and express their own obvious frustration pretending to be better than the rest, which they never were, and it looks they will never be.
8  Bitcoin / Bitcoin Discussion / BTC mining cannot be affected by an ARTIFICIAL ENERGY CRISIS on: September 18, 2022, 01:41:36 PM
This post demonstrates this “energy crisis” is just an US attack on Germany and the rest of the EU: https://www.greanvillepost.com/2022/09/13/bombshell-classified-rand-corporation-executive-summary-research-report-january-25-2022-weakening-germany/?print=print.

RAND CORPORATION has published a press release labeling the research as fake and misinformation.

But guys, look at the facts. This is like suffering a hurricane and in the middle of it someone posts a weather report that was forecasting the hurricane a couple of months before (its name, where it starts, its path to mainland, classification evolution, wind speeds, rainfall loads, etc.), and it’s authors deny they ever wrote the forecast.

Who on the whole Earth would care who the authors are? Even if the forecast had been written during the hurricane and if describes the phenomena precisely, the conspiracy is just in that this is not a forecast. But, still, it is just a fair and real description of what just happened.

I do not care if this paper was written before the war or by the RAND CORPORATION. It describes with succinct accuracy why the war in Ukraine has been pushed forward by the US and the man made “energy crisis” it is provoking in Germany and the rest of the EU, governed right now by a bunch of knuckle heads.

No need to say that this war against Germany cannot affect BTC mining in any way. The only thing in this whole story that is demonstrating that Russia is not either squeaky clean is the fact that they are not directly adopting BTC as a parallel legal tender along with the RUB (as El Salvador did with the USD) and inviting BTC miners to go there to run their operations on their gas flares.

The RUB is just another trashy fiat currency that has benefited from the German and European stupidity, the US malice, and the Russian absolute supremacy over energy resources. But the RUB will lose its value against BTC in the long run. It is just a matter of time.

It does not matter if Europeans finish paying in RUB for the oil and gas (they will!), or how long does it take to engineers to find a definitive solution to the fossil fuels dependence, BTC will reign over all fiat currencies in not such a distant future. So, the Russians are making here a huge mistake.
9  Bitcoin / Bitcoin Discussion / Re: GREENPEACE INTENSIFIES CAMPAIGN AGAINST BITCOIN FOLLOWING ETHEREUM'S MERGE on: September 18, 2022, 12:43:42 PM
Climate change is real, but fighting Bitcoin won't stop it or even meaningfully make the problem smaller.

No, “climate change” is not real. Just because the majority is saying so, that doesn't make something to be a scientific truth. We’ve seen this so many times before in history. This is so well documented, that I’m not going to lose my time posting links to what it is and has been obvious since this “climate change” propaganda started.

There’s barely 90 to 100 years of temperature and climate data. The Earth is around 4.5 billion years old. How could anyone get conclusions about any change with 100 years within a data range of 4,5 billion years? Nobody in his right mind would consider such an “study” serious because it is not. There is no data to confirm any “climate change”. There’s no data to link humans to that unconfirmed climate change.

This is just another anthropocentric religion. Another one! I do not discuss other people’s beliefs, but do not call it science. It is a religion. Full Stop.

And when a religion is the State religion, guess what? It will be the means the State will use to justify collecting and stealing money from its citizens, while they bend down their heads and consent.

This is what BTC is about. This the real people’s silent revolution against the State. It has started by blowing up the monetary foundations of this State totalitarian regime and will finish by debunking all the lies the States have been spreading to enslave their citizens (the fiat money system allows them to spend without limits to spread their lies). The “climate change” is one of the biggest.

Look for astrophysicist Pears Corbyn. He’s a scientist! Read or listen to what he’s saying about all this climate change BS. Oh, yes, he’s been already tagged as a “conspiracy theorist”, as probably is my case, Ron Paul’s, Tulsi Gabard’s and anyone who dares to challenge globalist elite falsehoods. Of course, how come not? We are Russian agents, and whatever come to their mains. The typical communist resort of calling anyone against all their nonsense a “fascist” (which the Democrats in the US have adopted recently as their own basic tactic), as much as the Republicans used to call from the 50’s up to the 80’s anyone opposing their warmongering BS as “communists”. Nothing new, so nothing to be surprised.




What's new? These attacks aren't new for Bitcoin. But still, Bitcoin stands strong. It's not possible to move Bitcoin from PoW to PoS. Bitcoin isn't like Ethereum. Because Ethereum has a team who are deciding things and controlling everything as well. But Bitcoin doesn't have a team and miners have to decide. Do you think miners will ever support PoS? I don't think so since they are going to affect it in the first place. Just forget about technical things or how secure PoW is. Miners will never support PoS for Bitcoin.

And the real problem to convert BTC to PoS does not lie in the miners, as they’re just services providers to the nodes (they owners). BTC belongs to anyone or less say, it belongs to everyone who decide to install a full BTC node. It is not possible to move from PoW as it would hamper single normal people to own the very source of their wealth: running a full BTC node. 

PoW is one of the greatest inventions of history. PoS is nothing but the same BS running every single fiat currency, company stock, and so on. There’s no such an invention in PoS. It is just an euphemism for same old legacy BS that’s been running for ages.


[moderator's note: consecutive posts merged]
10  Bitcoin / Bitcoin Discussion / GREENPEACE INTENSIFIES CAMPAIGN AGAINST BITCOIN FOLLOWING ETHEREUM'S MERGE on: September 17, 2022, 03:30:07 PM
Here is the link: https://bitcoinmagazine.com/business/greenpeace-intensifies-campaign-against-bitcoin-after-ethereum-merge.

They just don’t get it. Of course, it is impossible to understand something when their income depends on not understanding it. Well, this is the difference between honesty (Bitcoin) and total moral corruption (Ethereum and the rest of the fiat world).

I repeat. There is no such an invention in PoS. This is the way fiat currencies and even the gold standard worked since the origins of monetary history. All modern nationalized fiat currencies (the USD, the EUR, the GBP, etc.) are already digital and working under the PoS model.  Where is the innovation? Nowhere.

This is the computer versus the typing machine, and old fogeys proposing going back to the typing machine because computers spend energy. Well, you type… I’ll use a computer. Let’s see who wins.

11  Bitcoin / Bitcoin Discussion / Re: BITCOIN IS NOT DEAD! on: September 16, 2022, 04:52:04 AM
More on this fake “climate change and energy” crisis. Look for Pears Corbyn wherever you want. Oh, yes, don’t forget that “unbiased” Wikipedia, where every single person who express an opposed opinion against the fiat global elites… oh, my, they all are conspiracy theorists!

Here you’ve got an example: https://www.youtube.com/watch?v=elf6h_K4JH0.

He’s an astrophysicist! Who knows better about climate, journalists who barely can’t speak or read, or this guy?

There is not such a climate change, or energy crisis. All BS to justify galloping inflation and mass theft.

War in Ukraine, climate change, the “scamdemia” and so on, are just all branches of the same tree: the international elites trying to impose the “new world order”, or “the new normal”, or call it as you want. It is a international dictatorship where democracies have just become what the great writer and sociologist Alexis de Tocqueville already predicted: the worst of dictatorships. BTC is just the way out from all this.

There is not freedom without monetary freedom, which we don’t have. As much as at the end of the Old Regime in the XVII century, the world needed a separation of religion from the State, now we need a separation of money from the State. That’s exactly where BTC fits in.
 
And yes, as a funny fact, Pears Corbyn is the brother of Jeremy Corbyn.
12  Bitcoin / Bitcoin Discussion / Re: BITCOIN IS NOT DEAD! on: September 10, 2022, 02:03:58 PM
The process of Bitcoin mining wastes around 0.6% of the global energy.
... the climate change is something we all have been warning about, and yet nobody does anything about it...

The fact that a lot of people agrees in something that’s does not make it true. We’ve seen in history times when everybody agreed in that the Earth was flat. It was not.

This “climate change” theory is in the realm of what I call “modern anthropocentrism”. This is the idea that looks to allocate humans as the center and most important entity of the universe.

First, humans are not the center of the universe and do not have that power. As much as this “climate change” religion wants human activities to be blame for changes that have always happened along the history of the Earth, there’s no data to confirm or demonstrate anything. It was the case of ancient religions that blame plagues and many other natural disasters on humans having too much sex. Well, I do not discuss other people’s beliefs, but this is what it is. Do not call it science.
 
No, there’s no data to prove any “climate change”. Another different thing is that those “scientists” have been bought to defend these theories and whose budgets depends on linking every single “scientific study” to climate change. At the most, data started to be collected 90 years ago. Withing an Earth history of around 4.500 billion years, 90 years does not represent a considerable amount of scientific data to extract any conclusion. It represents 2 x 10^-9 of the total time history of the Earth. Would you give credit to any study that came out supported with this proportion from the total of data available in any other field? You wouldn’t and if you would, you do not understand how science works.

Respecting to the engineering side of the discussion, the so-called renewables cannot provide on their own electricity to cover demand. Renewables produce electricity independently from consumption peaks. This means, that they can be producing a lot of energy when nobody is consuming, so you must throw it away (derivate it to the ground); or when consumption is really high, they may be not producing at all (no sun, no win, etc.). Therefore, we always will need a base load that cannot depend on external factors (gas, nuclear, carbon, biomass, geothermal, hydro, etc.), that can be turn on and off on real demand needs. This is where BTC mining fits in as an ancillary service to the electrical grid.

There are a lot more factors, like distribution, electrical frequency, voltage, transformations. Electrical production and distribution are still nowadays one of the most complex engineering processes ever invented. Transitioning to one system to another does not only depend on the wish of consumers, politicians or, basically, people who do not understand how electrical grids work and why they have electricity at home. We never ever had so many engineers working on solutions before. People should humble down and wait for them to come up with whatever might work.
13  Bitcoin / Bitcoin Discussion / Re: why can't bitcoin be based on something that has value? on: September 09, 2022, 02:34:23 PM
i dont understand why bitcoin has to be just base on people perceive value of it. and for someone to just artrarily fix the supply of them at 21 million doesn't make any sense. it should be able to contract and expand the # of bitcoins in existence. but because bitcoin is design very simplistically it is kind of like monopoly money. not backed up by anything.

BTC is backed by electricity, that is a scarce good. The reason to have a limit of 21 one million units is to add even more scarcity to the currency. It could have been any limit. It could have been just 1 unit and it would haven’t been the most convenient, but it would have worked. In any case, it seems to me that what you don’t understand is the concept of money.

Start with this interview to Saifedean Ammous: https://podverse.fm/es/episode/m3jJcVzOl.

Try to understand this concept also: all and any currency used as money, based on multiplication of its fundamental unit, over the time and independently on how long it takes to reach the mathematical limit, its value tends to cero. This is the pathetic case of fiat currencies (include ETH on this type of currencies). On the contrary, all and any currency used as money, based on the subdivision of its fundamental unit, over the time and independently on how long it takes to reach the mathematical limit, its value tends to infinite (this is hypothetically and meanwhile nobody demonstrates this statement to be false, where wealth created by humans tends to).

If you understand the mathematical concept of limit, you’ll understand this. If not, maybe you should also study this concept first.

You can also download Ludwig Von Mises “The Theory of Money and Credit” from this link: https://mises.org/library/theory-money-and-credit.
14  Bitcoin / Bitcoin Discussion / BTC on chain analysis for the long-term holder on: September 09, 2022, 02:08:58 PM
Hi guys. Here I leave this link that you might be interested in if you’re a BTC long term HODLER and want to be on the smart side of the market to accumulate when it is more convenient: https://www.youtube.com/watch?v=LrA3mm7bLxM. In this analysis they explain how HODLERS have been accumulating since the downturn market started in May 2021.  

I have nothing to do with this company who publish these analyses and I do not have an account with them. I do not gamble or trade either. So, just for anyone who wants to access to relevant information in on chain trends, I think is worth the time.

Remember, there’s no such a thing as “energy crisis” that will affect BTC mining. So BTC is saved and sound for many years ahead. Now, this Glassnode channel could help many to understand price volatility and oscillations.
 
I have already demonstrated in other posts (https://bitcointalk.org/index.php?topic=5412322.0) this is just an invented and convenient “crisis” made up to justify the sinking of the EUR, and the profits US is seeking by trying out a full war in Europe.
 
Remember, my center argument is that the US was bankrupt at the end of the XIX century, and it accumulated 75 of the world capital at the end of WWII. So basically, the US made a fortune in barely 50-60 years in two wars that totally destroyed Europe. I do not think they did on purpose then, but I think they are now.

Do no not forget Paul Krugman’s “joke” we need a war such as an “alien invasion” to come out from the 2008 real state mess. Well, the joke was only the “alien invasion”. Substitute “alien” by Russian, and there you’ve got it. Remember also that Nakamoto’s main aim and motivation to create BTC was to finish the fiat currency monetary system, and the Keynesian support to this total fraud, which Krugman’s is one of its main advocates.

Once again, check this Chicago University professor John Mearsheimer lesson on how the West has provoked the conflict that has led us to this made up “energy crisis”:  https://www.youtube.com/watch?v=JrMiSQAGOS4&t=2s. Oh, yes, how I could forget? He is a Russian agent, as me, Ron Paul, Tulsi Gabbard, and so on. What else could we be?
15  Bitcoin / Bitcoin Discussion / Re: BITCOIN IS NOT DEAD! on: September 09, 2022, 02:05:20 PM
Thanks guys for commenting and keeping my topic alive!
16  Bitcoin / Bitcoin Discussion / Re: BITCOIN IS NOT DEAD! on: September 08, 2022, 09:35:20 AM
In order to understand how the US has created this “artificial energy crisis” and why EU countries are supporting it, just look at this chart of the EUR/USD:



The EUR started tumbling down in May 2021. They need an excuse for the plummeting EUR, and even if it costs human lives in Ukraine, or leaves all Northern Europe without heat this winter, or it causes many companies in the EU to go bankrupt, or workers lose their jobs, they just don’t care. Everything is Russians fault (substitute “Russian” with “Jews” and you are reading a 1926 post… same argument, different scapegoat).

Meanwhile, the RUB that got affected initially by sanctions against Russia, recovered and it has increased a 26% its value respecting the USD. It looks pretty stable to me:



Remember, this is a USD/RUB chart. USD is in the numerator and the RUB is in the denominator, so when the chart goes down, numerator is losing its value respecting the denominator (USD is loosing value respecting the RUB).

So, sanctions are doing absolutely nothing to Russia. They are destroying the EU. US knows it and is trying to bankrupt the EU, so citizens go nuts and the EU crumbles down in internal conflicts. If it causes a full war that allows the US to sell more guns, the better. With allies like the US, who needs enemies?

As I have already exposed before, this is how the US got from absolute bankruptcy in the late XIX century to accumulate 75 % of world capital at the end of WWII. They want to repeat it. And EU politicians just don’t care. I guess they already have bought their mansions in Florida.
 
And BTC mining will not be affected by this in any way, as it was not affected by the war in Syria, or Yemen, or any other US promoted war anywhere else to fatten US American military industrial complex on the expense of US middle class, and the citizens of those countries that are destroyed with these wars.
17  Bitcoin / Bitcoin Discussion / Re: BITCOIN IS NOT DEAD! on: September 08, 2022, 08:53:03 AM
More on why BTC mining won’t be affected by any prefab “energy crisis”... so it is far from dead.

Please, guys, read this article: https://www.zerohedge.com/markets/whats-happening-ukraines-occupied-nuclear-plant. This read will give you an overall view of how much of this “energy crisis” is pure warmongering and invention.

Check out how much of the “information” (misinformation) published by Western media people is believing. Well, do not need to read the article that has no interest at all, and you will find the contradictions in the first paragraphs. Read the comments! Nobody is deep throating US war propaganda, not even in the US. Most of these comments are US Americans commenting and pointing out the article as pure garbage.

Media is trying make us believe that the Russians, who have occupied militarily the Zaporizhzhia nuclear plant are shelling it! Russians are stupid and they occupy a nuclear plant and then, they shell themselves! Inside the comments there’s one saying that this is precisely why nobody is believing Ukrainians, and this is why support for them has gone South.

It needs guts and a feeling of absolute superiority over the rest, poor retarded inferior beings, to publish this and think that we are going to believe it. If that sense of superiority over the rest of us is not one of the main attributes of Nazism, what is it? This type of Western media articles is precisely what it is making almost impossible to debunk Russians accusations of Nazism in Ukraine and the countries supporting their non-democratic regime.

And ZeroHedge is between those US American media who still have a critical stand. Imagine what the other mainstream media might be publishing. They don’t publish. They vomit. Just open your mouth and swallow. It is disgusting.
18  Economy / Scam Accusations / Be aware of UPHOLD on: September 07, 2022, 06:38:24 PM
If you are buying BTC throughout an exchange, be aware of UPHOLD. I had an account with them until just right after the war in Ukraine began. In March, they went nuts and started asking questions about public keys where I had sent BTC from the exchange, the origin of my funds, information about my employer, and other that would have revealed personal information about people I have economic relations with and that is absolutely nuts. Actually, it is illegal in the European country where I live, as it probably is in any EU country to reveal such information, as it is protected by personal data protection laws. They did not care. I refused to provide such information because I could be legally liable for that information release, but they did not care. They kept on asking for it and, finally, they blocked my account.

I had no funds in that account, but if I had had, guess what… I could have never recovered my BTC or my fiat. I do not hold anything in exchanges, and I hope serve to others who still trust exchanges. DO NOT! Remember, not your keys, not your coins!

So, be aware of UPHOLD. Look up for other options. There are plenty. UPHOLD is just a shitty exchange sold to the interests of who knows what government or country (probably UK or some other Baltic Republics that have gone absolutely nuts with the war in Ukraine). 
19  Economy / Economics / Re: BITCOIN IS NOT A STORE OF VALUE on: September 07, 2022, 08:59:10 AM
This analysis has a fundamental flaw: marginal analysis. It was proposed by Carl Menger and it explains why essential materials to life as oxygen, or water (the chemical combination of oxygen and hydrogen), has none or almost no economic value, meanwhile things that are apparently superfluous cost a lot of money.

Gold and silver are industrial materials. Gold used to be a monetary store of value, but electronic devices it’s turning it into an industrial raw material. So, as it already happened to silver, gold is losing its monetary store of value status gradually.

It has happened along history with materials that traditionally had both, an industrial and a monetary value, with time, they gave up its monetary value in favor of other things that had no real other use. It is frequently heard the argument, “why this or that should cost so much money? It has no use!” The explanation is marginal analysis.

Bitcoin has no other use but storing value or using it as medium of exchange (much more with second layer protocols). So, Bitcoin although it has been created artificially, cannot be corrupted, it is scarce, fungible, divisible, and has all the properties to become the perfect money and store of value.

Now it needs time for everyone to realize this is its intrinsic value to become generalized used as such. The same happened to many other things used as money along history. Nothing becomes money right away on a clap of the hands. It’s an evolution. BTC has barely 13 years. Nevertheless, it is quite astonishing how fast it has already been adopted by many.

Of course, if we do not have electricity, computers, or electronic devices, BTC might not lose its value: it would just disappear. But in that case, BTC will not be your concern. Do you think life as we know it is sustainable without computers, modern communications, and electronic devices? 500 million people over the crust of the Earth would be barely viable. If you’re not within the globalist elite, don’t count yourself between the survivors. As it would be the case if all of a sudden we hadn’t oxygen, which has no economic value, you wouldn’t need to worry about BTC anymore. You wouldn’t need to worry about anything at all. At some point, it will be the case of absolutely everyone, when death knocks on our door, even for those who have risen to the high ranks of the global elites.
20  Bitcoin / Bitcoin Discussion / Re: BITCOIN IS NOT DEAD! on: September 06, 2022, 09:20:48 AM
My final word on this made up “energy crisis” that will “kill BTC mining” (so BTC) is on that extreme Russian hate promoter that presides the European Commission, Ursula von der Leyen. Her most absurd recent statement is that the “EU cannot allow Russia win this war”.

She can’t even come to terms with reality. Russia has already won this war. Every single part of Ukraine already under control of Russia will never be turned back. This is the Ukrainian pathetic “Gibraltar”. But in this case, Spain lost a stupid pebble, with no economic value and, nowadays with satellites and modern communications systems, not even strategic value. It is just a moronic long term pride dispute only in the brain of the less intelligent Spaniards and British. The rest don’t even care about it.

Ukraine, on the contrary, has already lost a quarter of their country and it only depends on Russia how much more they’re going to lose. As much they delay a peace agreement with Russia, the more people will suffer and die, and the more parts of their country their giving away.

So, concluding my intervention, there’s no such “energy crisis” threatening BTC mining as much as it does not matter what the EU, UK or the US do from now on, Russia has already won this war.

The unilateralism US has thriven for since the end of the USSR is gone, as ETH will be as soon as people realize that turning to POS has erased the only good feature ETH had respecting legacy fiat currencies. Hope is the only support for ETH, as it was the case for so many crypto scams. Reality is the cure when hope turns vicious.
Pages: [1] 2 3 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!