Is Bitcoin immune vs. central bank schemes?

[Wind_FURY]

Listen to their speeches in this short video. I believe I see a Bitcoiner - gold-bug parallel

https://m.youtube.com/watch?v=06fa20Y_cXg

Will Bitcoin be next in the world's central banks' schemes? Is it unavoidable that Bitcoin will also be "economically censored"?

[1715119739]

1715119739

[1715119739]

1715119739

[RooseveltOah]

The source and delivery of gold, or even the entities that makes gold into financial tools can be regulated, but not Bitcoin, one exception is if the Chinese goverment really do control most of its mining power, then like gold, Bitcoin will be controlled.

[joelsamuya]

The source and delivery of gold, or even the entities that makes gold into financial tools can be regulated, but not Bitcoin, one exception is if the Chinese goverment really do control most of its mining power, then like gold, Bitcoin will be controlled.

One of the many things I realized in the existing systems we have in this world is that there are so many ways to control a thing and they can easily do subtle things to get the results that they wanted. Technically, it would be impossible to control Bitcoin but the price that can easily be manipulated to go up or down. Just ask China to declare an all-out war against BTC and let's see if there will be an abrupt dump all over the world or you can also ask China to officially proclaim that they are supporting BTC and you can be sure that the price can be going beyond the roof. That is the kind of control that governments and central banks have. But why are they are not doing it now? All because these people are not yet looking at BTC as a big threat.

[Darker45]

Listen to their speeches in this short video. I believe I see a Bitcoiner - gold-bug parallel

https://m.youtube.com/watch?v=06fa20Y_cXg

Will Bitcoin be next in the world's central banks' schemes? Is it unavoidable that Bitcoin will also be "economically censored"?

I cannot make much out of the speeches. They were extremely short snippets that tell very little to the viewer. But I guess the whole point is gold market manipulation by the central banks given that gold is still the most valuable money in the world; before, today, and in the future. That must be happening in reality. And the governments are always the partners in crime of the central banks in these schemes.

I don't think this is going to happen to Bitcoin, though. It cannot be censored, for one. The price can be manipulated of course but probably not in a way that central banks will actually buy a large slice of the circulating supply and hoard them. After all, the design of Bitcoin is open to the public. If Bitcoin becomes that much of a threat to their operation and usefulness, they can always create their own version of it although centralized, issued by them, and sanctioned by the government.

[Wind_FURY]

Listen to their speeches in this short video. I believe I see a Bitcoiner - gold-bug parallel

https://m.youtube.com/watch?v=06fa20Y_cXg

Will Bitcoin be next in the world's central banks' schemes? Is it unavoidable that Bitcoin will also be "economically censored"?

I cannot make much out of the speeches. They were extremely short snippets that tell very little to the viewer. But I guess the whole point is gold market manipulation by the central banks given that gold is still the most valuable money in the world; before, today, and in the future. That must be happening in reality. And the governments are always the partners in crime of the central banks in these schemes.

Simply by listening, you can see the Bitcoiner - gold bug parallel, in which both communities have been waiting for adoption.

I don't think this is going to happen to Bitcoin, though. It cannot be censored, for one. The price can be manipulated of course but probably not in a way that central banks will actually buy a large slice of the circulating supply and hoard them.

Debatable, and not impossible though.

After all, the design of Bitcoin is open to the public. If Bitcoin becomes that much of a threat to their operation and usefulness,

Then they surpress it, like gold.

they can always create their own version of it although centralized, issued by them, and sanctioned by the government.

That won't be a threat to Bitcoin. Direct central bank intervention, through government regulations, custodial services, other Bitcoin investment schemes will. Anything that lets you surrender the need/own for your own private keys.