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Author Topic: Bitcoin wasn’t created to make you rich. It was created to Enslave U & Track U  (Read 639 times)
btc-room101 (OP)
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April 26, 2021, 07:00:02 AM
 #1

Original 2009 had lofty promises

Cheap, private, be you own bank, F*ck U to the FED-BIS-IMF....

Now 2021 IRS-Coinbase rules Bitcoin-org

Most people have sold out any promise of freedom in exchange for US-GOV control 100% of btc

Nobody talks about the fact that all mining/consensus is done in China

Now they have dropped the myth of privacy, and promise you pseudo-privacy, sort of like virtual-pregnancy

Damn sure, bitcoin was not created to make you rich, but today 99% that's the only reason they're here, get rich quick.

Post 2014 BTC has attracted the worst scammers, criminals, robbers, con-artists on earth, why not they can steal legally, as nobody who loses their money can go to the police

...

Past two weeks BTC has entered a free-fall, down -25%(-47k), now at -20% ( $53k); all the while alt-privacy coins have continued to sky-rocket,

A month ago $1k in DOGE would be $50k today, $1k in BTC would be $800 today; If they're only here for money, how long do you think the 99% will stay??

...

Lastly BIS-IMF created BTC whitepaper 1997, BTC is SHA256, and Secp256k1 two NSA algo's; BTC is NSA 100%
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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April 26, 2021, 07:05:33 AM
 #2

Who exactly tracks us and how can you identify a person is that address from the other almost similar yet different address? Are you bitter because you sold your bitcoin when it was dipping and now the prices has gone up again and you don't have a bitcoin because you sold at lower prices so you spread FUD so you are not alone in that sad place?
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April 26, 2021, 07:31:46 AM
 #3



he is saying it's NSA. if it's NSA then they just endanger the USD dominance and the fiat system where the governments rely on. NSA would just see it not worth pursuing project if that is the case.

not all people are in coinbase.  i don't think 50% of the crypto trader are in coinbase. but you're right that BTC isn't meant to make people rich. not everyone can trade and if you panic sell you'd really mess up your investment.









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April 26, 2021, 07:41:28 AM
 #4

Another post comparing the growth of Doge to BTC in the past few months.
Yes they are giving up their anonymity by doing KYC but we have our own choice if we want to or not.
There are ways that we could use to keep it untraceable and keep our wallet or address anonymous.
It depends on the wallet that you would use nobody could gain 100% control to the whole BTC .

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April 26, 2021, 08:20:15 AM
Merited by KaliLinux (5)
 #5

Lol, this dude again on the quest to right all the wrong with BTC, couldn't achieve your aim in 'Who Killed Bitcoin?? Greed? Government? Fraud? Idiocy?' since majority of members don't seem to agree with your view,
Even now i doubt many share in your view, being part of btc is a choice everyone who joined has made, it wasn't impose or force on anyone so how is it a tool to enslave anyone? i can decided to walk away from crypto at any given time i chose because it is free entry and exit,

You keep rambling about freedom freedom yet am not able to figure out what level of freedom you want,  Okey, Assuming government decided to give everyone freedom of money, be your own bank as well as be your own Security, protect yourself from all internal and external threat, hope you would not mined living like that  Sad, you have your freedom already but if you are looking for something extra, it will cost you, whatever has advantage definately has a disadvantage.

P.S
Enjoy your privacy coins and leave btc the hell alone, no need indirectly shilling about privacy coin here.

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April 26, 2021, 08:36:24 AM
 #6

A month ago $1k in DOGE would be $50k today, $1k in BTC would be $800 today; If they're only here for money, how long do you think the 99% will stay??
Who cares if they leave? What a biased comparison. Why not starts from 9 years ago? $1 Bitcoin will be worth more than $40k this day. Do you think those meme coins will survive the next bear market? This situation is exactly like the previous ICO boom. When they start to fall, it will be an amazing sight to see.

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April 26, 2021, 11:07:59 AM
 #7

How are we getting tracked by the government? I understand that everybody can follow bitcoins around if he has the wallet Adress. But how are the wallets being matched to real person and their full names? The government could ask for such kind of information but do we fully need to comply? For example the government doesn't know how much money is in our bank account. With warrant they could find out but not without it. Especially if we have the money in Switzerland or some other of shore country.
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April 26, 2021, 11:13:15 AM
 #8

I think the op has misunderstood some of the concepts of bitcoin. It is not a privacy coin. Instead every transaction is open to public through blockchain and anyone can find the transaction done with bitcoin. So bitcoin has never promised privacy at the first place. If you want privacy, start using Monero.

Also if you have a problem with IRS rule, go speak to them instead of criticizing bitcoin. No country would allow their people to use a currency which is not controlled by them. So every government will try to gain as much as information possible on their citizen's crypto holding. US is no exception!

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April 26, 2021, 11:42:03 AM
 #9

Original 2009 had lofty promises

Cheap, private, be you own bank, F*ck U to the FED-BIS-IMF....

Now 2021 IRS-Coinbase rules Bitcoin-org

Most people have sold out any promise of freedom in exchange for US-GOV control 100% of btc

Nobody talks about the fact that all mining/consensus is done in China

Now they have dropped the myth of privacy, and promise you pseudo-privacy, sort of like virtual-pregnancy

Damn sure, bitcoin was not created to make you rich, but today 99% that's the only reason they're here, get rich quick.

Post 2014 BTC has attracted the worst scammers, criminals, robbers, con-artists on earth, why not they can steal legally, as nobody who loses their money can go to the police

...
...

Lastly BIS-IMF created BTC whitepaper 1997, BTC is SHA256, and Secp256k1 two NSA algo's; BTC is NSA 100%
Who will track you then? maybe you are reading or watching to much sci-fi movies that's why you think that way, and if you do nothing for your bought coin or get panic when see some dumps well you cannot really earn from it but if you transact then use it for other types of investment like investing,trading and etc for sure you will earn some fortunes here. But be careful also dealing on anything since there are so many scams, so don't fall and became a victim since you will surely hate bitcoin for that situations.

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April 26, 2021, 12:05:32 PM
 #10

A month ago $1k in DOGE would be $50k today, $1k in BTC would be $800 today; If they're only here for money, how long do you think the 99% will stay??
Who cares if they leave? What a biased comparison. Why not starts from 9 years ago? $1 Bitcoin will be worth more than $40k this day. Do you think those meme coins will survive the next bear market? This situation is exactly like the previous ICO boom. When they start to fall, it will be an amazing sight to see.

Indeed. I've also thought that this hype on DOGE was somehow like an ICO before more like FUD and FOMO, have no strong support and created only by hype, there's a possibility that it wouldn't survive when the bear market comes. BTC however, had made to pass it all, several bear cycles had been through yet it remains the number one. It is not that I am biased on Bitcoin but this is what I have observed over the past years I have been in this industry. Besides, those two can't be compared and we already knew that.



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April 26, 2021, 12:51:49 PM
 #11

Even without Bitcoin we are being tracked , Satellites above us are already tracking us for years so why made it complicated for Bitcoin?

but thanks for the heads up at least you are considering how valuable Bitcoin is.

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April 26, 2021, 01:23:18 PM
 #12

If you think that Bitcoin is a trap to enslave you and track everything then you have the power to not use them. It is your choice and i am not doing anything illegal with my investment and even if a government wants to track my transaction i do not care but i need the privacy from the general public as i do not want to expose how much money i hold to anyone but naturally you cannot hide anything from the government.

We are living in a world where everything is monitored and no one will claim that bitcoin is created to make you rich but to be more transparent. Basically anyone who reaches a market during the initial stages will make a huge profit and you cannot say that about a user who invests in the market a decade later as the profits will be minimal like the other markets.
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April 26, 2021, 01:24:19 PM
 #13

Is this another baseless and fancy theory? Like I’ve been a fan of conspiracy theories but never the baseless ones. Like you can’t just throw theory or accusation without and basis.

We’ve been tracked since from the start and honestly, we were tracked for free. Our governments have our identities engraved on their system. We were not able to avoid that. Before you hit 18, your identities were saved already. So what’s the point of being scared about it?

And how would they track us anyway? Did you use your personal identity when trying to access the cryptocurrency community? I guess no.
But of course, a bitcoin transaction is in the public ledger, meaning to say, everyone can trace and track but not your identity.

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gantez
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April 26, 2021, 02:19:44 PM
 #14


Post 2014 BTC has attracted the worst scammers, criminals, robbers, con-artists on earth, why not they can steal legally, as nobody who loses their money can go to the police.


They try to make bitcoin look as if it is the evil that takes criminal minded souls into crime, it isn't for correction because even fiat have been stolen, used for crimes and to pay for evil businesses



Past two weeks BTC has entered a free-fall, down -25%(-47k), now at -20% ( $53k); all the while alt-privacy coins have continued to sky-rocket,

A month ago $1k in DOGE would be $50k today, $1k in BTC would be $800 today; If they're only here for money, how long do you think the 99% will stay??


Bitcoin isn't on a free fall. You should expect some corrections after some bull runs. The market is still in bull and investors are getting to hodl more btc which is the best for this time. Bitcoin has taken another push to $53+++ and the chart in CMC is looking up for green.
goldade
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April 26, 2021, 02:32:01 PM
 #15

Original 2009 had lofty promises

Cheap, private, be you own bank, F*ck U to the FED-BIS-IMF....

Now 2021 IRS-Coinbase rules Bitcoin-org

Most people have sold out any promise of freedom in exchange for US-GOV control 100% of btc

Nobody talks about the fact that all mining/consensus is done in China

Now they have dropped the myth of privacy, and promise you pseudo-privacy, sort of like virtual-pregnancy

Damn sure, bitcoin was not created to make you rich, but today 99% that's the only reason they're here, get rich quick.

Post 2014 BTC has attracted the worst scammers, criminals, robbers, con-artists on earth, why not they can steal legally, as nobody who loses their money can go to the police

...

Past two weeks BTC has entered a free-fall, down -25%(-47k), now at -20% ( $53k); all the while alt-privacy coins have continued to sky-rocket,

A month ago $1k in DOGE would be $50k today, $1k in BTC would be $800 today; If they're only here for money, how long do you think the 99% will stay??

...

Lastly BIS-IMF created BTC whitepaper 1997, BTC is SHA256, and Secp256k1 two NSA algo's; BTC is NSA 100%

As much as you intend to prove a point that bitcoin was created to enslave us, you have only successfully told us how you don't understand what bitcoin is and how it really works.
Why would you say bitcoin was created to enslave me when it was actually created to give me freedom from the banks and it had actually been doing that well. I now control my own transactions with bitcoin. I do not pay exorbitant fees and I do not wait days to make international transactions. 
Bitcoin gave me the power to remain anonymous while making transactions and that's something not possible with the banks.
I can go on and on listing the numerous advantages bitcoin has over fiat currencies and the banks.

franky1
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April 26, 2021, 02:43:35 PM
 #16

bitcoin does not ask for your name/location/social security
exchanges are not bitcoin.. they are fiat

its the FIAT that being tracked
yes fiat businesses that also handle bitcoin still have to obide by the fiat laws because they handle fiat.
handling 50% bitcoin does not mean they can avoid fiat rules

so recognise that fiat businesses will always follow fiat rules and actually recognise this fact..

then you can separetly recognise that there are bitcoin-bitcoin only stuff that doesnt need to follow fiat rules..

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
Silberman
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April 26, 2021, 04:01:33 PM
 #17

Original 2009 had lofty promises

Cheap, private, be you own bank, F*ck U to the FED-BIS-IMF....

Now 2021 IRS-Coinbase rules Bitcoin-org

Most people have sold out any promise of freedom in exchange for US-GOV control 100% of btc

Just another example of a person that has strong opinions and that has no idea of what they are talking about, you do not like coinbase and the fiat world monitoring what you are doing? Then do not use it, it is that simple, if you want to buy bitcoin with fiat and you want to retain your privacy then you need to do it peer to peer just as it was the intention of satoshi, you have to pay a premium for the privacy you get but that is true for everything as well, you could also buy a miner and mine your own coins and help the network along the way, there are many ways to avoid what you are mentioning you are just being lazy about it.
watergold
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April 26, 2021, 05:10:07 PM
 #18

Our movements are always monitored without our own knowledge, due to the fact that the state has access to them. when compared to the current growth of Bitcoin, the parties remain anonymous even though they are worried all the time that their identity will be exposed. Then with the integrity of China as a country that has technological facilities, if you are there, surveillance will be very easily detected. from the point of view of your economy, bank finance and Bitcoin ownership.
so the government always has full control over your ownership.

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fiulpro
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April 26, 2021, 05:33:16 PM
 #19

Honestly why do you make such claims when you know nothing how the system works?? Bitcoins is trackable! Yes! But not 🚫 that easily. It's transparent. Freedom does not come with the necessity to hide your steps, rather it's an ability to do things without bounds. I do think you have to understand that FBI is a bigger threat to you. Your incognito is being tracked by Google and your Facebook, Instagram and WhatsApp are all selling your data for some money from advertising companies. The banks collect all your data , connect it to your KYC and then send to the Government timely. Well with bitcoins yes you can hide everything but it's not needed of you are rather not taking a bad step. It gives you freedom from the sudden befall of the Governmental institutions that might indeed cause you to fall out in a matter of seconds.

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just_Alice
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April 27, 2021, 01:05:00 AM
 #20

This again? Seriously, I'm surprised by how long people can hold on to some stupid conspiracy theories.

How can anyone have 100% control over a P2P network? Hello?
Most people have sold out any promise of freedom in exchange for US-GOV control 100% of btc

Everybody talks about it. So what? China has the greatest manufacturing output, and a population of around 1.5 billion, maybe they control everything now? They have cheap electric power and labor, ergo - they mine like crazy, why wouldn't they?
Nobody talks about the fact that all mining/consensus is done in China

There was never a myth about privacy, people created it by their lack of understanding. Do you see any promises of anonymity in the Bitcoin whitepaper? It clearly states that only by keeping your public key anonymous and avoiding multi-input transactions you can count on privacy. Nothing more.
Now they have dropped the myth of privacy, and promise you pseudo-privacy, sort of like virtual-pregnancy

The majority will stay, because, hopefully, they realize how stupid it is to make predictions regarding the future of Bitcoin as well as alts by the data gathered over a month.
A month ago $1k in DOGE would be $50k today, $1k in BTC would be $800 today; If they're only here for money, how long do you think the 99% will stay??

I don't even know what to tell you here mate, maybe you should check your sources if there are any? The last time I checked Bitcoin whitepaper was released in 2008.
Lastly BIS-IMF created BTC whitepaper 1997

SHA256 is a very popular algorithm in cybersecurity, make a 7-zip archive and it will be encrypted by sha-256 hash algo. Maybe the NSA planned it so that they could get the contents of people's archives too?
BTC is SHA256, and Secp256k1 two NSA algo's; BTC is NSA 100%

Just drop it and move on.
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