CBDC began in HK in 2019, and its currently used between HK & Thailand. It s a commercial exchange mechanism to bypass swift, the reason of course
'you haven't heard about it', is because its not for you, its for governments like Iran, Russia, China to bypass the USA FIAT system of international exchange.

CBDC stands for "Cross Border Digital Currency", it doesn't mean bitcoin-2.0 get rich quick moron scam

Lot's of people copied "pet rocks" & cabbage patch dolls back in the day.

Sound's like somebody here needs to wayback machine to 'cabbage patch dolls' once upon a time they were bigger than bitcoin, people would buy them fill their garages, they cost $1, and you could sell them for $100, and everybody thought they would go to $1k, I still know people whose garages are filled

Then there was the 'pet rock' it  too sold for very little, but went to the moon.

Nobody here, has yet given one single reasoning why BITCOIN will not implode once the 'greatest fool' has bought in. Which is why as you can see today, only morons are influencing morons, all the 'smart people' have left the building.

Why would SatoshiNAkamoto care one iota about fee's, and congestion. The experiment is/was a success, the 'digitization of wealth' is now universally accepted, now time to slip & replace the USA/CHINA NWO Crypto aka SDR-COIN, or FED-COIN, call it what you want.

1997 BIS/IMF jointly publish original bitcoin white-paper

2009 NSA release bitcoin source

2021 Bitcoin crashes, destroying $1.2Trillion USD of wealth; hacking slowly zeros the wealth of all HODL'ers

2022 NWO bans non-UN approved crypto

The perfect bitcoin? The bitcoin core dev group owned by WSJ banks and DC-GOV never even tried to build the 'perfect bitcoin'

Proof of Snake is every 'whales' dream, where they get to control everything. None of the elite anywhere on earth want POW, it puts too much power in the little guy. POS puts all the power in the whales, where the 'elite' think power belongs.

Funny that POS is even accepted at all

POS is oligarchy, where only the rich make consensus decisions, where any rich guy with +51% can take permanent control of that coin, which means that if POS became standard over time all crypto's would essentially become cartels.

Here are a few guidelines we’ve (coinbase) created for ourselves in publishing Fact Check articles:


https://medium.com/@barmstrong

Be respectful, don’t antagonize.
Assume ignorance over malice, unless proven otherwise.
Share our mistakes just as candidly as our successes.
Don’t respond to everything.
Don’t get distracted from the main goal: building great products.
There is too much misinformation in the world for us to respond to everything. A lack of us posting should not be considered an indication that an external statement is true. We will only tackle misinformation that reaches some materiality threshold.

A bot created just to shit-post. Do you realize that nobody so far has even attempted to answer the question?

Why Should this Pyramid-Ponzi Not end Like all Others??

Lastly,CHIA is a scam-coin, I'm actually very gentle to BITCOIN, and far tougher on the CHIA-NET scam team.

So not only are you one-time creation bot, but you failed to even read what I have posted about chia, at the very least a clever-bot would have recognized positive or negative sentiment, which means that if your human, your just retarded. If your a bot, you your programmer is retarded.

"Only gold is money, all else is credit" JP Morgan

Bitcoin is a a magic number, like in the book movie "The little prince" there's an accountant that put a number on every star to prove ownership, and sells the stars. This is essentially bitcoin, a modern day 'tulip-mania', neither gold nor credit, just bullshit.

Your comparisons fail because FIAT is backed by GOV MURDER USD is Murder, Inc.

BTC is backed by bullshit.

L Ron Hubbard would embrace bitcoin, and all its cultists as his own people.

I said USDT, I suggest you go back & read, before you shit-post. I said BTC is backed by USDT ( shit-coin ), I said BTC is backed by nothing, which means it can evaporate to zero overnight.

I support Crypto, I just don't support the bitcoin narrative;  I don't support the Bitcoin bullshitters and con-artists and pumper&dumpers. I do support the pre-2014 Bitcoin crew.

I support privacy coins, and btc isn't private.

Today there are +10K shit-coins, and 100's of them are better than 2009 bitcoin shit-ware that came out of NSA. SHA256 & SECP256k1 the basis of the entire bitcoin infrastructure are both NSA creations.

There's that religious BS about bitcoin again 'Trust-US", you know the founder said "Trust-Less"; Trust Jesus, let go & believe in BITCOIN

There are two sides of BITCOIN understanding

1.) Understanding the C++ Bitcoin core software, lots of hardwork, but so what right? If you understand this, if you got 10+ years coding C++ under your belt, no problem.

2.) Understanding the pump&dump post 2014 arse-holes that came into bitcoin, and created this 'get rich quick' monster BS

Now what is the OP talking about when he says' "DONT UNDERSTAND"? Hell by 2014 any high-school kid could bake a BTC clone with the open-source. Just change a few names with an awk-script, recompile, and BINGO, this is how Buterin created Ethereum.

I think the problem here is when they say you don't 'understand'  they mean you don't understand the bullshit that goes into believing mythology bull-crap that goes along with believing HODL, and all the shit-coin narratives that came from the con-men.

#1 above is easy, if your a professional CS person, you can grasp bitcoin.

#2 you don't need #1, you just need to spread the good word aka 'talk shit' and influence others to join the bitcoin ship to hell, bitcoin is a religious cult, pure & simple, what's to understand?

Proof of Snake ( oligarchs wet dream ) is proof right there that this 'concern troll' is working for 'them'

[ Remember here noobs, what POS, they call 'proof of stake', I call proof-of-snake means is that only WHALES get to decide bitcoin future, it means the little guy is silenced forever, it means that once one whale with +51% takes over bitcoin, that its his forever, essentially a coup. This defy's all of the orginal NakaomotSAtoshi(NSA) mythology of btc being 'every little guys bank' POS is just same-same as we have now, another FED-RES bank, where whales oversee bitcoin. F**K POS. ]


Proof of Work, works, 21M coins works, actually as a store of value, not for shopping BTC is fine right now.

Contracts? Well the 'lisp' model on CHIA would be nice, and remember if you want bytes on the block-chain U must pay for the space, so it really there problem

Interest rate? I think this bot, messed up here

Fee's destroyed? Well obviously our POS doesn't want our miners ( the builder of blockchain consensus ) to make anything for running full-nodes and miners

Actually BTC IMHO only has one serious problem, the crypto is old an Obsolete, need sha512 for hash, and secp512k1 for keys, so it can't be broken another 20+ years. WRT to the blockchain size, who cares if CHIA can do 14EB and double per week, then a blockchain can do 1TB ( now what 400gb? )

For a long-term store of value, BTC must make the crypto more secure before all is stolen. I personally believe that DEV (NSA) wants BTC to revert to zero, which is why they sit on their arse. Maybe this is the play all along for FED-COIN, BTC was the trojan horse, it fails and uncle-scam slides in FED-COIN as savior?

Lastly,PRIVACY, PRIVACY, PRIVACY; for BTC 3.0 we need to have z-snark, or some means to have private transactions, this is the major failing of bitcoin right now that people who want privacy must use monero, or zcash clones; why in the hell does BTC-DEV-CORE drag their arse on privacy, oh that's right KYC big-banks own the core, ok so its time for another BITCOIN fork.

Say what? The feed on sending BTC is $15 right now, so your 10 quid isn't even enough to cover fee's to spend it, say you had $20 USD, then could send a friend $5

If you sold you would lose on the transfer, and the exchange 20% grab, you would still get zero

Say I buy $100 USD of bitcoin, I get $80 because of exchange losses and fee's, then I transfer to my address and I lose $20, then I go to sell it and I take home $50, this is bitcoin.

10-GBP is like 0.000001 BTC these days, smaller than the transaction fee, you have entered the world of nothingness

Next time say 100-EURO, then you can watch it become 50-EURO in just a few transactions.

LB Hubbard Bitcoin, ahh Bitcoin-Tology, the high priests have arrived

Thanks lotus 123 was first, where are they now, ever heard of them? probably not

BTC is a ponzi, and your cultish protection of the cult, and the church of bitcoin, doesn't change the fact that its going down

paper currency avg life is 45 years, btc is not a currency, and its paper-money is not a financial swindle orchestrated by common criminals, your argument is weak and un-informed

Like I said the famous bubbles in history, all went to the moon, and back many times before they reverted to zero, bitcoin bubble is following a historical pattern of prior hysterical bubbles

USDT is not fiat, R U a bot, because you repeat cannards like a bot

PRIOR manias also went 10+ years, this means nothing

During the south-sea bubble, Sir Isacc Newton smartest man on earth told everybody "This is a scam", on the  second wave of south-sea bubble, Newton, feeling he had made a mistake went all-in, he lost his entire family fortune, and became a pauper.

No this time is NOT different, a scam bubble lasting more than 10 years is common, epsecially in fraudulent money scams backed by GOV like in France, the Missisippi Bubble where the kings money was backed by worthless paper stock. Primary reason the french monarchy imploded is that they allowed the 'stock swindlers' to operate the bank of france.

A ponzi just means those that got in early got rich. Check. A pyramid scam means those who got in early get rich

Scammers entering the highest level's of government to stop criminal indictment is common in these financial swindles, the thing is this is the first that SWEPT the earth, but it will not be the last.

1.) BTC is not unique
2.) BTC is easy to hack
3.) BTC is fake pricing backed by USDT which is also backed by nothing
4.) Once the selling starts, the 'price' will go to zero
5.) Just because something went on for 10+ years means nothing the history of financial swindles.

Long after all these bubbles imploded, 1,000's of people were murdered, executed and imprisoned. Only those who sold out early, and left their country's saved their arse.

FUNNY here on FB 'fud' means truth, and the coiner's hate the truth about their scam child

If the FUD wasn't the truth, then the coiner's would just 'blow it off', but they can't, because the truth always wins the fight at the end of the cycle.

Fools & their money always depart, smart  people see a scam and pull out their money, only leaving the fools. By definition fools always lose their money, so the thing eventually implodes.

BTC goes down 50%, and gold and gold mining goes up 20%; good money always flees bad money, this is a law of money

Just because they told you BTC would take you places, they never said they would be good places.

Also while the BTC has crashed 50% in the last two weeks the 'privacy coins' have skyrocket 20%, so all is not lost, just lost on the morons who think "BITCOIN IS THE ONLY ONE"

BTC will never die, anymore than cabbage patch dolls have died ( or 'pet rocks') , there are always fools that will embrace the scam all the way back to zero, and HODL

Look at all ponzis in human history, all had their day in the sun, and then fell out of favor, this too shall pass.

Most campaigns these days and paid influencers on youtube, are trying to bring in 'green woke' suckers to the fold, the original base of losers has been played out.

Rebranding is the game today, BITCOIN is yesterday's crypto.

Last year 2k shitocoins, this year 10k shitcoins, there will probably be 100k shitcoins next year, but some will be 100x better than bitcoin, that's where smart people have moved, and only morons HODL;

...


Come on people given me some reasons. I have studied 'bubbles' my entire life, and NADA in human history has any bubble lasted over 10-20 years, and yes most had 2-3 cycles before they fell out of favor, south-sea bubble, and Mississippi bubble both went to the moon, and back before they finally fell back to earth like Icarus.

Today with 10K shitcoins, and most are far better than BTC, why in  the hell should this continue; $1 invested in shibu is 50k coins, much more likely it will go 10x than BTC, which can only now go down, as the COVID one-time funny money is not coming back.

The big companys and pension funds have seen BTC lose -50% in a few days, they can't gamble their pensioner money without going to jail, there is nobody, no greater fool on earth to buy bitcoin. It's almost game-over.

BTC will never die, anymore than cabbage patch dolls have died ( or 'pet rocks') , there are always fools that will embrace the scam all the way back to zero, and HODL

Look at all ponzis in human history, all had their day in the sun, and then fell out of favor, this too shall pass.

Most campaigns these days and paid influencers on youtube, are trying to bring in 'green woke' suckers to the fold, the original base of losers has been played out.

Rebranding is the game today, BITCOIN is yesterday's crypto.

Last year 2k shitocoins, this year 10k shitcoins, there will probably be 100k shitcoins next year, but some will be 100x better than bitcoin, that's where smart people have moved, and only morons HODL;

Trillions were dumped into COVID, some 7% of COVID funds went into BTC, so 2020 saw the rise up to $66k by by March 2021, this isn't going to happen, now BTC will slowly dwindle to base of $10k, it already broke the $30k,

Where will the new sucker money come? BTC always trys to find new suckers, look at CHIA, they brought in an entire new base of 'green woke' suckers, that's where the growth will be, BTC is now dinosaur old fart crypto.

most exchanges will no longer accept 'tainted' coins, mixing taints coins

KYC rules by GOV, has said that 'tainted' coins have been used for criminal purpose, thus its sold for a lower value

Three kinds of BTC virgin block chain ( bought for cash/gold no records ) , fresh/clean (never been mixed), and tainted, the virgin are most  valuable and bought by chinese mafia directly from the big-miners, and the 'clean' coin exchanged by likes of 'coinbase', then the 'tainted' crap ends up on the black-market, sold for penny's on the dollar.

Will technically BTC is 'cult', not a religion, where religion is recognized by society, a 'cult' is usually detrimental to the well being of its members.

BS 99% of the people here can't even read code, or do math.

Bitcoiners beliefs are GREED & FEAR, but mostly greed.

Bitcoiners are not logical, this is insanity.

BTC CAP a month ago was bigger than $1.2T, bigger than most USA company's capitalization, like it gong to keep going up and suck up the entire earths GDP, bitcoiners are mental midgets.

Nuclear energy understanding requires years of physics&math education; Any fool can buy BTC and claims he understand's it.

You can memorize the entire C++ BITCOIN CORE source base, and still not understand the why the PONZI went to the moon. Shit happens, and BTC is just another shitcoin, of 10k+ now created.