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What the actual fuck? Do jews really have this much market control gold and silver should be going up at insane levels! They have to be buying up all the gold and silver keeping the prices low it makes no fucking sense

What the actual fuck? Do jews really have this much market control gold and silver should be going up at insane levels! They have to be buying up all the gold and silver keeping the prices low it makes no fucking sense

(post is archived)

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make an effort to understand what cryptocurrency is, what money is and why precious metals have served as money historically. Crypto-currency or digital currency has been around for a long time, but in 2009 a white paper was relelased on the cipherpunks board by a pseudoname, "Satoshi Nakamoto". This paper described a new and interesting protocol to create a fungible, immutable digital token with the similar properties to the primary alternative that has served as money throughout history; Gold.

All changes and upgrades to the protocol should strive to maintain and reinforce these Principles of Bitcoin

21 million coins will be mined in total, so the protocol provides scarcity. No censorship: Nobody should be able to prevent valid txs from being confirmed. Open-Source: Bitcoin source code should always be open for anyone to read, modify, copy, share. Permissionless: No arbitrary gatekeepers should ever prevent anybody from being part of the network (user, node, miner, etc). Pseudonymous: No ID should be required to own, use Bitcoin. Fungible: All coins are equal and should be equally spendable. Irreversible Transactions: Confirmed blocks should be set in stone. Blockchain History should be immutable.

These properties were unique in that no previous attempt at digital money could solve the double-spend problem, but this new idea presented a block chain (merkle tree model, using sha256 hashing algorithms to secure immutability), whereby the entirety of all mined tokens could be verified.

There are continuous and expanding attempts to hijack the protocol, which has thus far been proven unbreakable and grows more secure by the day.

I spent many years rejecting this idea as "nerd money" and thought that gold and silver should be used to restrict privately owned central banks from stealing the peoples life blood though inflation / deflation cycles. I was wrong and now see that this protocol is allowing people in the farthest reaches of the planet to independently survive and thrive when their governments strip them of their wealth via fiat currency manipulation. This protocol is the first time that money has evolved in 5000 years. Rothchild agents can control precious metals supply, but this protocol has already past an event horizon that makes central control impossible.

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Bitcoin has done some great things to help people escape repressive governments, but crypto isn't scarce and isn't sound money. Its current valuation is simply because people have so far chosen it over all the other cryptos.

This protocol is the first time that money has evolved in 5000 years. Rothchild agents can control precious metals supply, but this protocol has already past an event horizon that makes central control impossible.

The protocol's implementation isn't scarce, nor is the ledger.

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We are going on 11 years now and bitcoin continues to grow and thrive as the primary, original cryptocurrency drawing development effort from all over the world. Crypto may not be scarce, but bitcoin specifically will cap out at 21 million tokens and many have already been lost forever. Like tcp/ip became the default protocol for internet traffic, the bitcoin protocol appears to on track to be the primary digital cryptocurrency to represent the next generation of money for humanity.

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11 years. omg. quite the track record. too bad the people in economocally collapsed Venezuela didnt know to do trade in shitcoin and not in physical assets with inherent value.