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[–] 1 pt

Peter Schiff

This guy is a total idiot.

I agree.

[–] 1 pt

Kind of related. Bloomberg TV was interviewing someone a couple mornings ago. He said, I'm paraphrasing best I can remember, "Bitcoin is not a real asset, you can't pay your taxes in Bitcoin". I remember thinking, well you can't pay your taxes in gold either! That is what the "experts" want you to hedge in!

Laughable.

I think I caught a clip of that in someone's video, but don't remember the full context. But iirc, there are at least a couple of states that announced they will accept btc for taxes and a t least a couple that recognize metals as currency. AZ, UT and OH, seem to ring a bell, but am not certain on those.

But why would taxes be his biggest concern? Our tax system is a scam anyway, and mostly unconstitutional.

Anything that is finite, permissionless and decentralized is better than our current money system, and as far as being an asset, I trust BTC more than any stock. I can't send you a stock certificate. Afaik, I can't even hold my own stock certificate anymore.

How much moneyprinting is going toward propping up the stock market? How much rehypothecation is going on?

Sorry for the mini rant, was supposed to be a short response, lol.

[–] 0 pt (edited )

Problem is, Tether. Research how much "Tether Volume was used to lift BTC.

BTC is costly to move money and takes far too much time.

IMF is targeting BTC

50% of Mining is in China.

1% of the worlds Energy is used to Mine BTC.

Quantum Hackers big risk.

Gold outflows are going into all kinds of Crypto, not just BTC.

FEB 22 is D day for the Case against Tether.

BTC is drifting between 33-30. Look out below!

  • I am not a Financial Advisor and I have been short BTC since 40K and still hold the short position, this is not advice, just my opinion*

The higher it goes the further it has to fall crushing the hopes and dreams of bitcoin farming faggots everywhere

I sense a butthurt

Nope. I have no steak in it. I've just watched buttcoin and other cryptos rise and fall so many times now that it's predictable.

It's a rich man's scheme to loot investors.

I've seen plenty of articles and they always end the same way.

The only one's that ever make a profit are the big guys who inflate it to begin with

[–] 1 pt

You can make money on the way up and the way down. Volatility is great for traders.

It's been on an upward trajectory, for 12 years now. Yes, there have been pullbacks, big ones, like clockwork.

It started with a value of zero debt based federal reserve notes.

Anyone could buy or mine it then.

It is now worth forty thousand debt based federal reserve notes.

Bitcoin is the most antisemitic currency ever to exist.

Are they trying to co-opt it and control it? of course they are. That's what jews do.

But it will kill their current debt slavery system. Cuts out the middleman, his fees, and schemes.

I don't need a banks permission to send you or anyone else BTC. No forms to fill out. No BS.