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Author Topic: The 6 Columns of Bitcoin, answering many questions and speculations  (Read 17 times)
KingScorpio
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August 03, 2018, 10:04:48 PM
 #1

What keeps bitcoin alive and stable, and what in its core might completely destroy it.

i thought about that and found 6 columns that keep the system bitcoin up

here they are:



Nr.1 Gambling Central Banksters or Institutional Gamblers

these are mostly american Investmentbanks, like goldman sachs or jp morgan, that now also trade with bitcoin like with stocks and use software traders

additionally to them there are east Asian state funds, that are gambling around with us american, foreign debt.

together they put regularily funds into the cryptomarket especially into bitcoin that funds the lambos of many crypto and bitcoin speculators.

the ordinary person cant supply the market with funds and capital with such a strength like they do.

Nr. 2 Still Existing US Dollar

Bitcoin Jepordises the Concept of the Humanist national state in which money and power is supposed to be created for the common good, now we can have a dispute here about how efficient the central banks did that job, and how greedy the monarchs were before them, however, the private creation of money, is systematically causing a domino process that will likely destroy the enlightened reason based nation state democracy concept in the short to long term. you think i am far away? nope just watch the recent nobel price winner paul krugman an economist saying bitcoin destroy 300 years of evolution of money, what was 300 years ago? right the french revolution that removed religion and nobility out of the state.

https://www.ccn.com/bitcoin-taking-money-back-300-years-nobel-economist-paul-krugman/

Nr. 3. decentralisation myth

people think bitcoin is decentral still but its, not: huge miner asociations, and bitcoin owners are actually a hidden unaware centere of bitcoin as they are bitcoins supporting interest group.

additionally there is the systematic pow doom that bitmain a huge miner producer already shows us all

Nr. 4 disappointment with banking cartels

jes the anger with the banking cartels that systematically enrich the rich into neofeudal landlords while delivering them the nationstate population as money earning cattle for private enrichment is a huge problem, that systematically was supporting bitcoin in the beginning many people the so called working poor now are speculating their income in order to try to free themselves from the trap that their countries banking cartel poses on them.


Nr. 5 protesting media attention

most of the media in many of the worlds national state are highly interconnected with the nations central bank, so they sing the song of their master, the people realised that, and the media kept bitcoin in attetion. would the media however started talking about all cryptocurrencies they would have kept their potential popularity and power. but they instead opposed and fought bitcin. combined with the disillusionment of nr. 4 a toxic micture that powered bitcoin even more.

Nr. 6 viral ponzi scheme delivering viral social media marketing

bitcoin reached many as a social media development. and many people initially supported bitcoin considering the rough state banking cartel like in simbabwe that absolutely scammed their population.
at the beginning it was about improvement of the financial systgem see simbabwe case, but today its mostly about keep ing a ponzi scheme style speculation intact that is supposed to deliver lambos for the gamblers.

these 6 columns are vital for bitcoin, i doubt bitcoin can seriously keep its power if one of those columns fades away in the comming years.

join to improve this theory if you are capapble to.
i will improve this thread over time and explain the columns better if there interest on bitcoins (socioeconomic) vital powersources are there

regards

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KingScorpio
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August 03, 2018, 10:42:52 PM
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this is a great socioeconomic visualisation should help you alot understanding what drives bitcoins value depsite being technologically behind.

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