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Could one of you crypto tards explain this to me...

submitted by Rotteuxx to AskUpgoat 1.3 yearsJan 9, 2023 11:02:38 ago (+10/-6)     (AskUpgoat)

Crypto relies 100% on internet infrastructure.

The Internet infrastructure is at the mercy of govt policies no matter what worthless laws you imagine protects its integrity.

The WEF stooges have been openly pushing ppl to get into crypto for years. Ex: P. Poilievre in Canuckland with his WEF campaign director & manager.

Fed Govts around the world have mandated departments or committees with preparing (ugh, studying the feasibility of) the switch to CBDC.

Existing cryptos will be in direct competition with CBDCs around the world, in other words a threat to CBDCs' control over the markets.

Banks have just been told to "avoid" cryptos because of "significant volatility” and possible fraud, warning executives of scams, legal uncertainties, and contagion between firms rocked by recent tumult in cryptocurrency markets".

With all this being highlighted, how can so called "grassroots crypto" be viewed as an alternative to liberate the people when all the signs are there that it was a grooming operation to get people used to the concept and that the existing trade networks can be killed at the flick of a switch (govt policies)?

The crypto that a lot of you jerk off to will be declared illegal and CBDC will be forced on you. Crypto will be painted as a dangerous medium for the funding of terrorism, frauds & scams.

Now for my official question: are you crypto morons going to admit to being useful idiots when the time comes? Or are you going to reee & cope like trannies who'll never admit that cutting their dicks off was a mistake?

Just because you made a profit off of crypto doesn't mean it's good for you, the plan is too big for a few million goys with crypto profits to matter.


117 comments block


[ - ] Thyhorrorcosmic103 1 point 1.3 yearsJan 13, 2023 05:59:24 ago (+1/-0)

Not only that, but it relies on electricity.

If shit hits the fan, it won’t matter how many bit coins you have.

[ - ] Rotteuxx [op] 1 point 1.3 yearsJan 13, 2023 19:13:58 ago (+1/-0)

Dude, this thread was enlightening in regards to how detached from reality some crypto fanboys are on here.

They think they own this holy grail currency that is 100% safe from govt shenanigans. The govt is too dumb to legislate & implement controls in their minds.

[ - ] Thyhorrorcosmic103 1 point 1.3 yearsJan 14, 2023 09:48:12 ago (+1/-0)

They are pretty smug about it too.

[ - ] yesiknow 10 points 1.3 yearsJan 9, 2023 11:14:41 ago (+10/-0)

Most people never wanted crypto for profiteering. The just wanted an autonomous payment method that kept corporate government the hell out of their business.

People in Venezuela say they can't exist without crypto, and they're not using it to make a profit. Just to buy toilet paper and apples

There's a constant inflation of 2% on the price of everything around the world.

Every single time any person on the planet uses a credit card the merchant sends at least 2% to a few people. A few people are skimming the entire globe.

How much money you had in the bank was never the government's business until the 1980's when they said the bank had to report anything over $10,000.00

None of this is OK, and it was never OK.

[ - ] Rotteuxx [op] -2 points 1.3 yearsJan 9, 2023 11:20:40 ago (+2/-4)

I get what you're saying but can't reconcile it with the post's subject matter unfortunately.

[ - ] rage 2 points 1.3 yearsJan 9, 2023 20:27:24 ago (+3/-1)

I get what you're saying but can't reconcile it with the post's subject matter unfortunately.

You can't reconcile it because it completely defeats your argument, but you have yet to demonstrate the technical competency to appreciate it.

For all your posturing about others living in bubbles, you're viewing this through the lens of an American. The planet is much bigger than just America.

Bitcoin, just one of many innovations developed using blockchain technology, solved the problem of the unbanked - this is, entire Countries and populations around the world that were previously locked out entirely of the traditional FIAT systems, were given instant access to finance and FIAT arbitrage simply by having a mobile device in a post Bitcoin world.

So, in other words, no, you don't get what yesiknow is saying. That's the problem.

[ - ] deleted 6 points 1.3 yearsJan 9, 2023 11:16:00 ago (+6/-0)

deleted

[ - ] Rotteuxx [op] 2 points 1.3 yearsJan 9, 2023 11:25:26 ago (+4/-2)

That's entirely besides the point of this post, like a thousand miles off road.

Just to entertain your train of thought, I don't have any bank accounts, own property without a mortgage, no vehicle loans & no debts. I barter a lot of my local work as well.

[ - ] deleted 1 point 1.3 yearsJan 9, 2023 11:36:07 ago (+2/-1)*

deleted

[ - ] rage -1 points 1.3 yearsJan 9, 2023 20:29:14 ago (+0/-1)

He's being intentionally obtuse to shitlord. It's like he just discovered Milo Yianopolis videos from 10 years ago and he's trying to emulate the pose of a provocateur.

Unfortunately, he's just coming off like an autistic faggot.

[ - ] Monica 0 points 1.3 yearsJan 9, 2023 13:42:42 ago (+1/-1)

Take your booster fedcoiner.

[ - ] deleted 1 point 1.3 yearsJan 9, 2023 20:45:36 ago (+1/-0)

deleted

[ - ] Rotteuxx [op] 0 points 1.3 yearsJan 9, 2023 14:08:11 ago (+1/-1)

So edgy!

[ - ] SecretHitler 5 points 1.3 yearsJan 9, 2023 11:55:06 ago (+5/-0)

Crypto is a solid strategy away from jew banking but not a financial panacea, and has a lot of subverted infrastructure around it, which seems to be the main parts you're noticing.

It's like saying, "how can a hammer be useful for driving nails when you can see how easy it smashes your thumb and knocks a hole in the wall?"

[ - ] Rotteuxx [op] 0 points 1.3 yearsJan 9, 2023 12:25:56 ago (+2/-2)

Bad analogy imo, the use of a hammer isn't affected by govt policies which don't require subverted infrastructure to do their job.

[ - ] SecretHitler 3 points 1.3 yearsJan 9, 2023 13:52:43 ago (+3/-0)

That's because analogies aren't literal. It's what makes them analogies.

[ - ] Rotteuxx [op] 1 point 1.3 yearsJan 9, 2023 15:31:12 ago (+2/-1)

They still have to make sense, analogies are founded in reality & logic, not loose & subjective imagery.

[ - ] SecretHitler 0 points 1.3 yearsJan 9, 2023 15:35:23 ago (+1/-1)

I'll put it into simpler words for you. Tool works good. Misused tool works bad.

You seem hung up on government power to prevent crypto transactions from occurring without shutting down the entire internet. Can you support that argument by explaining how they would do this? You don't have to get overly technical but please be specific, they're not all-powerful in this domain.

[ - ] Rotteuxx [op] 1 point 1.3 yearsJan 9, 2023 15:51:21 ago (+2/-1)

No, I'm hung up on people with nigger tier reading comprehension who need to misrepresent what I wrote in order to shill for crypto like vaxxtards did for "duh sciance".

Do you understand how gold seizures went down less than 100 years ago with criminal penalties? Are you seriously convinced that any currency considered problematic can't be dealt with so it either falls under govt regulations or becomes untradable for most?

I say for most because that's what matters, not the few exceptional geeks making it work over CB radio.

They don't have to prevent certain crypto transactions by force (court order to your ISP is one example) when most (what matters) will be too scared to touch it. Never forget you live in a wotld of dunning-kruger NPCs who don't want to think for themselves.

[ - ] SecretHitler 0 points 1.3 yearsJan 9, 2023 16:47:55 ago (+1/-1)

You're the one with a nigger tier comprehension though. You have no idea what you're talking about. You're probably fairly poor and don't know how to do things on your own. The "daddy government" myth is so strong with you it's impossible for you to imagine any sense of independence for yourself or our people.

You're a self-defeating intellectual weakling with no courage or drive.

[ - ] Rotteuxx [op] 1 point 1.3 yearsJan 9, 2023 17:05:49 ago (+1/-0)

Wow, fagging out through retarded assumptions because you can't defend your position past throwing ad hominems around.

What a great example of White intellect you are, unable to debate without running away from arguments you don't want to address.

Go ahead, take the easy way out and just avoid the conversation while telling yourself you're superior and others are just idiots.

[ - ] rage -1 points 1.3 yearsJan 9, 2023 17:50:58 ago (+0/-1)

I mean.. he's right, though.

Do you understand how gold seizures went down less than 100 years ago with criminal penalties?

Straight up boomer tier bullshit.

Be jackboot government thugs. Beat down Rotteuxx's door and find his gold. Confiscate it, arrest him.

Be jackbook government thugs. Beat down Rotteuxx's door and not find any crypto on his computer because he has the 12 words in his head. Now what?

You're shilling hard for some obscene reason. It's.. really sad to watch how dumb you are on this subject.

[ - ] Rotteuxx [op] 0 points 1.3 yearsJan 9, 2023 18:02:17 ago (+0/-0)

Straight up retarded millennial innocence, so cute.

"The govt won't squash you under their boot, absolutely nothing in human history can possibly back up that way of thinking"

The govt will always play nice while wearing white gloves?

It's really sad to see the result of growing up in your little coddled world.

[ - ] SecretHitler -1 points 1.3 yearsJan 9, 2023 18:08:16 ago (+0/-1)

Nigger don't get mad because you start a retard level poorly argued position and people stop taking you seriously and just start flinging shit back at you. You're probably just some faggy jew trying to discourage nazis from buying the obvious dip. See you on the other side of big money from a crypto account you assholes can't get your filthy kike hands on.

Also how's it feel knowing a White has more money than you because guess what I do.

[ - ] Rotteuxx [op] 0 points 1.3 yearsJan 9, 2023 18:15:32 ago (+0/-0)

Again going off into idiotic ramblings.

[ - ] Monica 1 point 1.3 yearsJan 9, 2023 13:43:45 ago (+2/-1)

Nothing satisfies the boomer.

[ - ] rhy 4 points 1.3 yearsJan 9, 2023 13:27:17 ago (+4/-0)

Your premise is flawed at numerous levels.

But yes, we need to replace the corporate and government controlled internet with something p2p and decentralized.

You should read my white paper at OpenAirShips.com.

When governments try to force everyone onto CBDC, they will force a huge percentage of the population into the black market, likely using crypto. Hopefully a privacy coin like monero or pirate cash. Which is going to make early adopters obscenely rich.

[ - ] Rotteuxx [op] 1 point 1.3 yearsJan 9, 2023 16:05:01 ago (+2/-1)

That's where I disagree, I don't see such a big part of the population going rogue economically... fuck, most took the shot because they trusted the science or succumbed to pressure. I'll never believe that the same population will resist CBDCs except for a few outliers that don't have any influence or very little.

[ - ] dassar 3 points 1.3 yearsJan 9, 2023 15:12:57 ago (+3/-0)

'But but but, you can use it after a natural disaster and all the power is out ....' giga kek.

[ - ] Rotteuxx [op] 2 points 1.3 yearsJan 9, 2023 16:34:23 ago (+2/-0)

Solar panels, d'uh!

[ - ] Gowithit 1 point 1.3 yearsJan 9, 2023 17:04:20 ago (+1/-0)

You know somebody asked me that on voat years ago " could you use Bitcoin? After a natural disaster wiped out every bit of infrastructure (So they said, I think it was all intentional and done as a test run) and I still laugh about it everytime I read Bitcoin discussions.

They tried to sell this shit hard but the other side is the mining and how much electricity it takes to do any of it.

To an island that already had energy "insecurities".

That whole island is fucking retarded.

Also I laugh that people imagine electricity and internet cant be limited to certain people or areas that are "essential". Shutting down and limiting are two different things.


The whole thing is a sham. I'm sure it has its uses but I would never want to rely on an outside group ( any) having complete control of everything and the biggest use of all of it is that it plays right into the wef and uns plans.



[ - ] Rotteuxx [op] 2 points 1.3 yearsJan 9, 2023 17:22:11 ago (+2/-0)

Part of the reason I made this post was to see who would reeee for crypto and who would shill by attacking me without addressing what was brought up. Some of the users I allow myself to see as non-professional organics still had to misrepresent what I wrote or build strawmans to cheer for crypto.

What's worrisome if how few understood how govt can kill anything or at the very least make it unattractive to the masses through simple policies. As if crypto was magically above govt control in any way whatsoever.

That was one of the main predictive programming goals imo, to convince people that crypto is safe and untouchable, as secure as a bullion in your wall safe.

[ - ] rage 0 points 1.3 yearsJan 9, 2023 18:16:18 ago (+0/-0)

Pretending like people who are pointing out your ignorant position of trying to make analogies to gold confiscation are defending crypto so you don't lose face for being ignorant of the subject is an even bigger low than I anticipated you would be capable of.

The fact that you're so technically ignorant you think government has the level of competency necessary to do a similar thing with blockchain just shows you're subvesive as fuck and represent that governments interests. Intentionally, or otherwise.

It's pathetic. I pity you for this.

[ - ] Rotteuxx [op] 2 points 1.3 yearsJan 9, 2023 19:30:09 ago (+2/-0)

The very simple fact that you believe something like crypto is safe & untouchable is a monument to your naivety.

"The govt is dumb and has never committed atrocities to guarantee its perpetuity and assured control over important shit"

That's how fucking stupid you sound when you're so emotionally triggered that you stalk my replies to other users for hours on end. You're fucking pathetic.

[ - ] rage 0 points 1.3 yearsJan 9, 2023 19:31:37 ago (+0/-0)

The very simple fact that you believe something like crypto is safe & untouchable is a monument to your naivety.

Lying about what I said does not help your position.

[ - ] Rotteuxx [op] 1 point 1.3 yearsJan 9, 2023 19:46:35 ago (+1/-0)

The fact that you're so technically ignorant you think government has the level of competency necessary to do a similar thing with blockchain

What is that if it's not the belief that govt can't fuck with crypto?

What will your bits be worth if trading in them is too much trouble or potentially criminal?

You think that the masses will give them value outside of your gay circlejerk?

Do you think that NPCs will defy the govt?

[ - ] rage 0 points 1.3 yearsJan 9, 2023 20:23:47 ago (+0/-0)

Your immediate problem appears to be the fact that you cannot differentiate between the blockchain as a technology, and cryptocurrency which is one of many technological innovations built using blockchain technology.

This is specifically what I refer to when I say you clearly lack the technical competency to have this conversation.

[ - ] SecretHitler 1 point 1.3 yearsJan 9, 2023 18:30:26 ago (+1/-0)

Good point I'll keep my credit card around for those situations.

[ - ] Gowithit 0 points 1.3 yearsJan 9, 2023 18:41:58 ago (+0/-0)

HAHAHAHAHA! Hey! you should also stock up on some silver and gold too. You know ... for those situations.

[ - ] SecretHitler 0 points 1.3 yearsJan 9, 2023 18:47:42 ago (+0/-0)

Ideally you would want to have a few different ways to store some wealth because all of them have weak points and drawbacks. Crypto is valid, so are precious metals, so are practical goods like ammo, so is cash.

Each one is better in specific scenarios.

[ - ] Gowithit 0 points 1.3 yearsJan 9, 2023 18:56:29 ago (+0/-0)

I'll agree but I wouldnt want to rely on anything that isnt tangible. What happens when ( when/if in the future hypothetically ~) the limited locations that can process bitcoin deny you for not being vaccinated? or for not living in the predesignated area? Then do we revolt?



[ - ] SecretHitler 1 point 1.3 yearsJan 9, 2023 22:36:08 ago (+1/-0)

Yeah but what happens when crypto doesn't go down but your bank accounts were frozen for protesting against vaccinations?

One of these scenarios has actually happened in reality.

[ - ] Gowithit 0 points 1.3 yearsJan 10, 2023 14:09:34 ago (+0/-0)

I was talking about this last night because the whole thead was just bothering me.

As a backup plan for when everything is taken back I think it would be a great idea because something is better than nothing and it seems to be the only plan being made right now but in my mind it cant live together with the current system still in place.

Thats the part that bothers me ...they can just wipe out an effort made against them with no real fear of retaliation. Or the whole movement is them tricking us into voluntarily giving up one of the last things can't control.

Do you think it was just propaganda when they froze the truckers wallets? It could have been... I wouldnt put it past them but its those types of stories that make a person think bitcoin isnt untouchable.










[ - ] SecretHitler 0 points 1.3 yearsJan 10, 2023 19:33:00 ago (+0/-0)

You're right about it not being untouchable but nothing is untouchable and foolproof, all they are is good for different reasons. For someone who is technical and understands how it works, crypto is exceptional for protecting your money against physical theft as well as a hostile state actor if you're managing it yourself.

It's like the idea that something can be unhackable - doesn't exist but you can say something is safe in certain circumstances.

So let's say you need to abandon your home and hide out in a remote cabin with whatever you can fit in your car on short notice, then get out of the country and probably deal with checkpoints that might confiscate personal valuables. Let's say banks have frozen all withdrawels and you may never be able to return. (I know someone personally who fled croatia under these circumstances)

Would you rather have 100k stashed in a crypto account that you can hopefully access later and maybe even use to buy some black market safety or do you know of something that would work better?

[ - ] JewChipper 3 points 1.3 yearsJan 9, 2023 11:26:27 ago (+3/-0)

Wrong.

Crypto can be exchanged in any way you can transfer the qr code.

It is a picture. Use your noggin faggot.

[ - ] Rotteuxx [op] -1 points 1.3 yearsJan 9, 2023 11:30:50 ago (+2/-3)

Reeeee

Cheap shill is working for his shekels

Reeeeeeeee

[ - ] JewChipper 2 points 1.3 yearsJan 9, 2023 11:39:12 ago (+2/-0)

Get back to fucking your pig, faggot.

[ - ] Rotteuxx [op] -1 points 1.3 yearsJan 9, 2023 11:41:22 ago (+1/-2)

Reeeeeeeeeeeeeee

[ - ] JewChipper 2 points 1.3 yearsJan 9, 2023 13:19:22 ago (+2/-0)

Coming from a faggot imbecile shit covered luddite so busy fucking his pig he can't understand how a qr code works.

[ - ] Rotteuxx [op] -1 points 1.3 yearsJan 9, 2023 14:15:43 ago (+1/-2)

Yawn

Your utter stupidity isn't even entertaining.

[ - ] rage 3 points 1.3 yearsJan 9, 2023 11:08:42 ago (+4/-1)

Crypto relies 100% on internet infrastructure.

Pretty sure we had this convo a few times on OG Voat.

Your very first thesis statement is irreconcilable.

Yes, it relies on an Internet connection to function.

But, you can print the entire blockchain out on paper right now and stick it in a water tight safe and drop it in the ocean and a million years from now, someone could find it, compile the code, and re-start the entire chain from that moment in time.

It does NOT need the Internet so survive. Like anything, it could be temporarily paused, but it will exist forever with a record of every transaction that has ever happened, transparently, without the ability to lie/cheat/steal.

NOTHING that has come before has ever provided this capability. We've just scratched the surface with how we can use this for technological innovation.

I didn't even read the rest of your post yet because I wanted to start here and see if this data changes anything else.

[ - ] TheViciousMrPim 3 points 1.3 yearsJan 9, 2023 11:35:11 ago (+4/-1)

It absolutely requires the internet to function. If the net goes down you are broke. Flat absolutely broke until that net comes back up.

Your entire printed out log book thing is a retarded argument.

[ - ] rage 1 point 1.3 yearsJan 9, 2023 11:41:56 ago (+2/-1)

Your entire printed out log book thing is a retarded argument.

Please illustrate a single circumstance where the Bitcoin network no longer functions that does not involve cascade failure of the Internet at large leading to an extinction level event.

ALL finance stops if the Internet goes away, not just Bitcoin.

Your argument is technically ignorant.

[ - ] TheViciousMrPim 3 points 1.3 yearsJan 9, 2023 11:50:11 ago (+4/-1)

The day the US govt releases thier own coin and make yours illegal. Easy peasy. I didn't even need to crash the internet.

Did you invest in NFTs as well?

[ - ] rage 0 points 1.3 yearsJan 9, 2023 11:51:29 ago (+1/-1)

Just to make sure I understand, your argument is that it will be stopped by making it illegal..?

[ - ] TheViciousMrPim 2 points 1.3 yearsJan 9, 2023 11:57:26 ago (+3/-1)

My argument is that it can be stopped in multiple ways.
You have made your money dependant on the internet. An internet you do not control. Do you rely on cloud storage for other critical data? Because that would be kinda stupid.

[ - ] rage 1 point 1.3 yearsJan 9, 2023 11:59:32 ago (+1/-0)

All money is dependent on the Internet. A minuscule fraction of a fraction of transactions use cash, and even those require the Internet to transact with the non-cash.

You have not illustrated any logical explanation for why Bitcoin is any different than SWIFT or BRICS.

All you and @Rotteuxx have done is illustrate a degree of technical incompetency which makes it very difficult to have a realistic discussion on this subject.

Once again, I'm trying to help, but your lack of comprehension on this subject is making it irreconcilable.

[ - ] Rotteuxx [op] 0 points 1.3 yearsJan 9, 2023 12:23:12 ago (+1/-1)

Your willful ignorance of historical facts regarding currency control is amusing, not as much as your Dunning-Kruger complex though.

You can imagine yourself being as smart as you want but the simple fact that you chose to go off on tangents unrelated to what was posted in order to maintain your position is a clear indicator that you're in over your head yourself because you cannot grasp the concept that physically destroying internet nodes isn't the only way your currency can be negativity impacted or limited in it usefulness.

Money isn't dependent on the internet or international trade would've been impossible until the late 20th century.

[ - ] rage 0 points 1.3 yearsJan 9, 2023 17:56:04 ago (+0/-0)

The core concept you appear to be suffering from too much boomer dementia to understand is that I can have a crypto wallet 100% in my head without the Internet at all, and go anywhere on the planet and extract it into fiat even if I got there completely naked.

It's sad to see what you've become.

[ - ] Rotteuxx [op] 0 points 1.3 yearsJan 9, 2023 18:14:33 ago (+0/-0)

You'll never do shit like that, keep on going with you fantasies.

You'd probably get ass raped & robbed by locals who've made a life out of fucking with ignorant foreigners.

You won't even be able to buy a fucking plane ticket without the proper govt ID and travel permits to go to a magical third world country with jungle ATMs that spew out fiat which will be ceased upon re-entry because it'll show up on body scans even though you shoved it a foot up your ass.

Triggered little bitch

[ - ] Monica 0 points 1.3 yearsJan 9, 2023 13:58:57 ago (+1/-1)

Drugs haven't existed or used since they were declared illegal.

[ - ] Rotteuxx [op] -1 points 1.3 yearsJan 9, 2023 11:15:27 ago (+3/-4)

Not really because without the internet, your piece if paper is worthless and untradable.

Never mind theoreticals.

How can it be a functional currency without the internet infrastructure?

[ - ] JewChipper 3 points 1.3 yearsJan 9, 2023 11:27:48 ago (+4/-1)

You should learn about a topic thoroughly before attempting to hold opinions on said topic.
This is the Cure for women's disease.

[ - ] rage 2 points 1.3 yearsJan 9, 2023 11:21:03 ago (+4/-2)

Are you truly so technically challenged you fail to see that a PERMANENT elimination of the Internet today = an extinction level event?

You've never come off like a luddite, why are you ignoring the infallibility of this argument?

[ - ] Doglegwarrior 1 point 1.3 yearsJan 9, 2023 14:39:42 ago (+1/-0)

Ya if the internet is gone then society has been wiped out to a level none of these arguments will matter... lead seeds and a water supply will be all that matters.

It's weird how does this guy think the internet will be totally gone?

[ - ] Rotteuxx [op] 1 point 1.3 yearsJan 9, 2023 15:34:04 ago (+2/-1)

Where did I mention the abolition of the internet?

Quote me because you lost me.

[ - ] Rotteuxx [op] 0 points 1.3 yearsJan 9, 2023 11:27:14 ago (+2/-2)

When the fuck did I elude to eliminating the internet in my post?

I mentioned the control govts have over the network through their policies.

Fuck your strawman, you should debate better than this.

[ - ] rage 2 points 1.3 yearsJan 9, 2023 11:33:32 ago (+3/-1)

Governments cannot ban the blockchain traffic without shutting off the Internet.

This was said plainly in a congressional hearing in 2016. It is still a fact today.

Get angry all you want, I'm trying to help you.

[ - ] Rotteuxx [op] 0 points 1.3 yearsJan 9, 2023 11:59:38 ago (+2/-2)

First of all, YOU brought up pieces of paper and took the conversation into the direction of "killing the imternet", not me. From the start I eluded to govt policies over the infrastructure.

They don't need to ban blockchain traffic to kill clandestine crypto, all they need are govt policies that make it illegal and the public ledgers will let them harass anyone they want because everything is traceable, VPNs are bullshit and don't protect you from the banking jews, same for Tor. Blockchain tech does not privide the anonimity crypto fanboys like to pretend it does.

[ - ] rage -1 points 1.3 yearsJan 9, 2023 12:02:32 ago (+0/-1)

Since when did making something illegal stop it?

Do you legitimately believe the US Government can decide tomorrow to make Bitcoin illegal, and it will stop being used?

More than 180 COUNTRIES in the world now peg their reserve currency to Bitcoin. They do not care about the USD or any other FIAT, because they were not even part of that system in the first place and Bitcoin solved that problem for them so they no longer even need to.

You cannot ban Bitcoin without shutting off the Internet.

[ - ] Rotteuxx [op] -1 points 1.3 yearsJan 9, 2023 12:15:11 ago (+1/-2)

Can it be declared illegal?

Can transactions be traced?

Does any existing tech protect you 100% from being found out?

Don't forget that when Roosevelt made gold ownership illegal in the US, people faced up to 10 years of imprisonment.

[ - ] Monica 0 points 1.3 yearsJan 9, 2023 13:55:31 ago (+1/-1)

Nope

[ - ] rage -1 points 1.3 yearsJan 9, 2023 15:22:39 ago (+0/-1)

OK, good luck with that man.

[ - ] JewChipper 1 point 1.3 yearsJan 9, 2023 11:28:33 ago (+2/-1)

You alluded to your *illiteracy*.

[ - ] Monica 0 points 1.3 yearsJan 9, 2023 13:44:46 ago (+1/-1)

Nothing satisfies the boomer.

[ - ] Monica 0 points 1.3 yearsJan 9, 2023 14:00:32 ago (+1/-1)

"Never mind theoreticals."

"The government is going to make your crypto illegall!!!! "

[ - ] Master_Foo 2 points 1.3 yearsJan 9, 2023 14:06:37 ago (+2/-0)

Unpasteurized milk is illegal... But somehow I figure out how to get some.
Stop being such a faggot. The government can't stop the signal.

[ - ] Rotteuxx [op] -1 points 1.3 yearsJan 9, 2023 14:14:26 ago (+1/-2)

What's the proportion of unpasteurized milk drinkers to pasteurized milk drinkers?

[ - ] SecretHitler 1 point 1.3 yearsJan 9, 2023 15:41:02 ago (+1/-0)

Probably about the same as people who currently use crypto to people who don't.

[ - ] Master_Foo 0 points 1.3 yearsJan 9, 2023 14:21:15 ago (+1/-1)

Who cares? We have determined that you are a retard. So, this conversation is over.

[ - ] rage 0 points 1.3 yearsJan 9, 2023 17:58:05 ago (+0/-0)

What's the proportion of unpasteurized milk drinkers to pasteurized milk drinkers?

Roughly the same proportion of people who use crypto vs. the ignorant luddites like you who don't, probably.

[ - ] Rotteuxx [op] 1 point 1.3 yearsJan 9, 2023 18:04:53 ago (+1/-0)

Tell me you're triggered without going through the post and replying to multiple comments.

KeK, millennials are pathetic.

[ - ] Monica 2 points 1.3 yearsJan 9, 2023 13:42:00 ago (+2/-0)

Your cash will be confiscated. Your gold and silver was already confiscated and made illegal so the commie jews could shoot good Germans. The products you try to barter will be confiscated. Your guns will be confiscated. Your home will be confiscated.

When the grid goes down you'll shit your pants and hang them on the fan. That's the real SHTF you boomer retards keep talking about.

[ - ] Rotteuxx [op] -1 points 1.3 yearsJan 9, 2023 14:12:19 ago (+2/-3)

7 replies from you in this thread.

None of them were above reddit grade quirky one liners nor did they address the subject matter.

Ever met a 40yo boomer?

Stupid kid, I hope life hits you fucking hard in the face so you get a chance to grow up.

[ - ] TheSimulacra 2 points 1.3 yearsJan 9, 2023 13:04:45 ago (+2/-0)

The entire system is ripe with fraud.
It will ALL be reset one day.

Hollywood has been telling you this for a long time now.

Are you listening?

[ - ] Doglegwarrior 1 point 1.3 yearsJan 9, 2023 14:45:55 ago (+1/-0)

Predictive programming

[ - ] deleted -2 points 1.3 yearsJan 9, 2023 14:28:35 ago (+0/-2)

deleted

[ - ] bobdole9 2 points 1.3 yearsJan 9, 2023 12:52:28 ago (+2/-0)

are you crypto morons going to admit to being useful idiots when the time comes?
Wasn't paying a lot of attention, but didn't values already drop 75% from its all-time high before the FTX jewry was made public? If they got into the game late, they may already be coping.

[ - ] Monica 2 points 1.3 yearsJan 9, 2023 14:11:55 ago (+2/-0)

BTC's value dropped because people buy low and sell high and it was at an all time high. It's to be expected since crypto exchanges are a thing. People sold and made a bunch of money. That will happen over and over until it's harder to aquire bitcoin. It's currently trading around 17.3K. I used to tell people to buy it when it was 3000. Lol... none of them listened and all called me names because they couldn't hold it in their hands.

[ - ] SecretHitler 1 point 1.3 yearsJan 9, 2023 18:33:11 ago (+1/-0)

I told people to buy it at $1 and they all just said that sounds weird.

[ - ] lolxd 2 points 1.3 yearsJan 9, 2023 11:57:05 ago (+2/-0)

https://www.merriam-webster.com/dictionary/currency

Maybe this will help you understand why you don't understand crypto and are having an autistic meltdown.

[ - ] Rotteuxx [op] -1 points 1.3 yearsJan 9, 2023 12:09:22 ago (+1/-2)

Cute use of a catchphrase.

Now address the points I've raised without going off on a tangent unrelated to the subject matter:

Govt policies and their power over crypto networks & the infrastructure they use.

[ - ] lolxd 2 points 1.3 yearsJan 9, 2023 13:34:19 ago (+2/-0)

Irrelevant, currency is currency.

If you don't accept Crypto that's your own business because the value of whatever your medium of exchange is a personal choice despite all your arguments.

[ - ] Rotteuxx [op] 0 points 1.3 yearsJan 9, 2023 14:23:45 ago (+1/-1)

It's extremely relevant, simply saying the opposite without supporting it past a simple utopic "mediums of exchange are a personal choice" is to me a clear indicator that you don't understand or wish the ignore the power of govt control over the economy in a world of NPCs.

Support your position ffs.

The value of whatever medium of exchange isn't a personal choice, you personally have zero influence on the perceived value of anything in an open market, even a closed one which you don't control.

[ - ] lolxd 0 points 1.3 yearsJan 10, 2023 00:08:49 ago (+0/-0)

The value of whatever medium of exchange is based on YOU THE INDIVIDUAL and the perceived value it holds.

You're correct in saying Crypto is worthless, because ALL VALUE IS SUBJECTIVE. It will always be worthless to you, but someone somewhere is accepting crypto in exchange for silver coins.

Currency is only Currency. Only people with only a surface level understanding of Economics are hung up on the shit you're getting mad over.

I don't have to support my position, I'm not even trying to defend it. I'm saying you should take about 10% off your high horse and realize some people will value things that are worthless to you and that's okay.

[ - ] Monica 1 point 1.3 yearsJan 9, 2023 14:02:55 ago (+1/-0)

You're so right. Drugs don't exist and haven't been used since the almighty government made them illegal. I have never seen a person run a stop sign since they said it's illegal. Black people stopped raping white woman after it was declared illegal by the government.

[ - ] Rotteuxx [op] 0 points 1.3 yearsJan 9, 2023 14:31:08 ago (+1/-1)

You mean tbe drug trade controlled by the govt?

[ - ] Monica 1 point 1.3 yearsJan 9, 2023 15:04:57 ago (+1/-0)

no I mean the banking system controlled by the government.

[ - ] Rotteuxx [op] 0 points 1.3 yearsJan 9, 2023 16:32:20 ago (+1/-1)

The same banking system that won't let rogue currencies threaten it power & control? Remember Gaddafi?

[ - ] Doglegwarrior 0 points 1.3 yearsJan 9, 2023 14:43:03 ago (+0/-0)

Good point my question would be how would the value of bitcoin be affected if tommorrow the goverment said it was illigal? It's not like drugs that becomes more valuable when govemfnetd limit them and make them illigal? Or am I missing something

[ - ] Monica 1 point 1.3 yearsJan 9, 2023 15:06:47 ago (+1/-0)*

I don't know. I don't have a magic lamp. My guess would be if it were made illegal then all stocks and securities would also have to be made illegal. It's basically the same thing which is why they have crypto exchanges and stock exchanges which operate exactly the same.

Also I don't mean stocks and securities are the same as crypto as crypto provides a very different and brand new thing which is decentralized electronic currency that can used without banks and isn't created by a government. I'm talking about how it is traded. They use the same laws to trade crypto as those others.

[ - ] SecretHitler 0 points 1.3 yearsJan 9, 2023 18:34:48 ago (+0/-0)

Which government? There are still more than one.

[ - ] 1point21jiggawatts 1 point 1.3 yearsJan 9, 2023 17:01:39 ago (+1/-0)

Crypto is to this generation what mutual funds were to the great depression era.

[ - ] MaryXmas 1 point 1.3 yearsJan 9, 2023 15:00:46 ago (+1/-0)

You only have an understanding of kansian economics. Most cryptos are based on Austrian economics. How an Austrian system comes into being is irrelevant. It's just like the gold rush.

[ - ] Rotteuxx [op] -1 points 1.3 yearsJan 9, 2023 15:29:05 ago (+1/-2)

How is my take on (increasing) govt control of currencies strictly kenesian?

I'm not even sure how economic theories come into play unless you want to expand the subject at hand?

[ - ] MaryXmas 1 point 1.3 yearsJan 9, 2023 15:40:36 ago (+1/-0)

The government can't control the money if they don't own the printer.

[ - ] Rotteuxx [op] -1 points 1.3 yearsJan 9, 2023 16:00:45 ago (+1/-2)

When it relies 100% on public infrastructure which can be fucked with at the whim of policy makers, they don't need to control the printer.

I'm not saying bitcoin will get disappeared, it can be made illegal by some (ex: because X is a tool of bad ppl) or extremely difficult to trade which will turn away the masses.

Think Roosevelt & gold seizures, history doesn't repeat but it does rhyme.

[ - ] MaryXmas 0 points 1.3 yearsJan 9, 2023 19:21:18 ago (+0/-0)

Austrian economics doesn't rely on public infrastructure. You have not done your research and are asking stupid questions.

[ - ] Rotteuxx [op] 1 point 1.3 yearsJan 9, 2023 19:32:48 ago (+1/-0)

How does your ISP allow you to access the infrastructure required to deal in crypto?

Is it all privately owned & operated?

If you answered yes, are these operators invulnerable to govt policies?

[ - ] MaryXmas 0 points 1.3 yearsJan 9, 2023 20:36:58 ago (+0/-0)

You don't understand the fundamentals and you are absolutely missing the point. The goal is not to make "crypto", the goal is to rebase an Austrian economic system. Digital currency is the way that it can be accomplished. This was the conversation in 2013 when I was first learning about crypto. Now we just have idiots speculating on solar lumens.