Bitcoin Forum
September 21, 2018, 01:09:34 AM *
News: ♦♦ New info! Bitcoin Core users absolutely must upgrade to previously-announced 0.16.3 [Torrent]. All Bitcoin users should temporarily trust confirmations slightly less. More info.
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Thank you for the Government Shutdown Bitcoin And Alts Looking Better  (Read 30 times)
steemthat
Newbie
*
Offline Offline

Activity: 5
Merit: 0


View Profile WWW
January 20, 2018, 06:47:32 PM
 #1

I stayed awake last night watching the speeches and the finger pointing and I know this hurts people that rely on the government for their services or money, food etc. On a positive side it looks like Bitcoin and alt coins are rallying after the downturn and for that I say, "Thank you" to the idiots that run our country. They should be required to stay shut down until they can create a balanced budget. It that is not possible they need to declare their insolvency and start over with a new American Dollar that is transparent and ran on a blockchain. This would allow for all Americans to see exactly where money is going with regards of how the government wastes our tax dollars.

It would appear that shutting down the federal US government even for a day is beneficial for crypto currency traders and investors. I'm excited to see what several days or a week will do to the price of Bitcoin! Grin

Best wishes to those relying on the Government to save you or help you. Sell some crap get a laptop and make your own way in this world. You could also just hang out at the local library and change your position in life.  There are websites like Steemit and SteemThat that could help you make as much as the meager amount the government is giving you.

The quickest way to solve the budget crisis is to just stop spending money. They could have made sure every American had a great education and computer skills they need instead of funding wars and paying off dictators or giving so much foreign aid. Until every American is prosperous other countries should fend for themselves. If you live in the USA no matter what your skin color is or your heritage you should be able to work and provide for your family. When that isn't the case and people are starving right here at home we are failing as a nation.

The solutions perhaps are up for debate but being honest about our ever growing number of poor in the country will be the beginning to a great future. I'm hopeful that blockchain currencies and technology help revolutionize even non tech peoples lives as more user friendly portals are developed that allow users to earn while they learn or contribute to society.
1537492174
Hero Member
*
Offline Offline

Posts: 1537492174

View Profile Personal Message (Offline)

Ignore
1537492174
Reply with quote  #2

1537492174
Report to moderator
1537492174
Hero Member
*
Offline Offline

Posts: 1537492174

View Profile Personal Message (Offline)

Ignore
1537492174
Reply with quote  #2

1537492174
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
MoonIsBlue
Full Member
***
Offline Offline

Activity: 378
Merit: 111



View Profile
January 20, 2018, 07:40:45 PM
 #2

Gov shutdown? what? Also I wouldn't necessarily put Bitcoins rally and altcoins rally in the category of being caused by this news. Seems like a BTC rally was coming for some time now...

ypsi
Full Member
***
Offline Offline

Activity: 336
Merit: 158


The Wheel weaves as the Wheel wills


View Profile
January 20, 2018, 08:23:38 PM
 #3

Gov shutdown? what? Also I wouldn't necessarily put Bitcoins rally and altcoins rally in the category of being caused by this news. Seems like a BTC rally was coming for some time now...
There's plenty of info on that shutdown already, it's been postponed and postponed again several times. I agree on the BTC rally coming again but I do think people will flee to crypto once the implosion of the financial system starts accelerating.

For example here:
https://www.zerohedge.com/news/2018-01-20/now-government-has-shut-down-heres-what-actually-shuts-down

--ypsi
Mometaskers
Hero Member
*****
Offline Offline

Activity: 952
Merit: 518



View Profile
January 21, 2018, 03:48:06 PM
 #4

I've only seen this in passing in the news yesterday. I believe the last time I heard this happen was somewhere during Obama's 2nd term. I looked it up and it seems that hospitals and other important stuff are not affected anyway. Though for people it probably looks a bit concerning that stuff like the Smithsonian is closing down.

I'm not exactly sure how this would drive people to crypto's arms since prices can still be volatile but they probably already have an impression that it's difficult to rely on the government since even them (politicians) can't even agree on a budget.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!