Honorable Bitcoin

Fun video circulating....uses some of the themes from this thread......
https://www.cryptocraft.com/news/945...o-rap-video-is

Funny video . Both "men" are geniuses.

I wonder, next Lin-Manuel Miranda script in progress?

Superfluous 'debate'!
One single argument can destroy their little Shit-Oshi 'kryptonite' show, like the huge amount of electric power to globalize adoption
...not to mention traceability, scalability, real decentralisation, terminals vulnerability, deflation hazard.... total bullsht, but funny, very funny

“What we need to do is make it more usable and accessible as a currency, but it’s not there yet,” - Dorsey

Make it cash to become usable, FFS! It's simple. Win the crowd, win the general acceptance is the key, FFS!
Stups don't understand what makes the shit to become money !!! It's only the acceptance, agreement, the convention!!!
That's how a paper becomes money
Dollar it would be just a paper if the people wouldn't agree it holds value !
You have to trick the people there is intrinsic value in something... like God, like gold, like the government, a social network, a corporation, a bank...
any lie will do if they believe it

Then build portable offline digital ledgers with NFC to connect the POS.
And there's your practical cash! Anonymous, untraceable, practical (offline ledgers cheap, POS affordable)
___________
Bitcoin is volatile: It is currently trading at around $10,250, according to digital currency exchange Coinbase; in December 2017 it traded above $19,500, and in January 2019, it traded below $3,350 - Dorsey

Not-KPMGollum imbeciles and speculators cries every day to see bitcoin up, up, up !
They will nevber understand that price doesn't matter for bitcoin anymore in order to become attractive
See the JPY = 1 US cent !!! ...and people simply loves it for what it is, not for how much it is !
It's about the illusion of stability.
Therefore, the crypto whales manipulates the price to inspire stability, because the volatility crippled this shit coin more than anything

The curve clearly inverted to bearish now. Bitcoin is fading below 11,000.
Speculators are selling after a stagnation of 70+ days...
Crucial support still at 9,000. Lotta room below 9,000, huh?

How do you think a crypto-coin (whether it's bitcoin, ethereum, libra...) of which transactions are untraceable
can meet the highest standards for combating money laundering and terrorism financing, Sig?
Oh, you were ironic on that!

Investing in cryptocurrencies really feels like tip-toeing through the DMZ!
Scams, volatility, hacks, exit-scams, panic sell offs, and everything in between...
And the crypto freaks have the nerve to compare the crypto with inventions like the bulb, cars, telephone, TV, computers, internet...
The mass adoption was way much faster and easy for the real useful things, mostly because those things were really needed.

Now, we already have digital dollars, digital payment sys., internet security, data security...
The encrypted stuff it's a little too subtle for the masses to be adopted just like that, no matter the breadth of the hype.

Whales' manipulation to simulate stability.
Oh, they finally got it, stability is much more attractive than a skyrocketing fake price

Remember, whales hold 80% addresses of all bitcoin (it's a fact!), hence easy to manipulate the price wherever they need to rob you!

Food for thought.

Hohoho, my dear friend, what food ?
Things are simple, just open your eyes !
And if you open your eyes and look closer to bitcoin you will find that nowadays this shitcoin it's dominated by four very large bitcoin miners.
No, I won't speculate if China, Russia, Singapore, Hong Kong, Bulgaria... let's pretend we don't really know or we don't care who those guys are

But we can't ignore that between them they make up 54% of the transaction checking system, or the hash rate of bitcoin.

So in other words instead of having one Big Brother (The Fed) you have four Big Brothers
So far from being a distributed system it's now fairly centralized in these four fkn large companies
and collectively they could choose to block, reverse transactions or even change the entire bitcoin protocol.

And all that not even to mention the problem with the criminals...
And the problem with the exchanges...

Now, there's your food for thought, bro!

I'm now stuffed. I can't eat another bite - will shift to drinking large quantities of bourbon instead!

Hehehe, you better forget about bourbon and open your eyes ...and take off those shades maybe

Everybody - except the McAfee-KPMGollum creatures - knows that hyperinflation is not because the nature of the money itself !
Hyperinflation is because bad macro economic strategy.

Saying it's everything about the money, it's like you lost big at poker and now you blame the chips! How stupid is that?!?
You are a great player but they gave you too-many-small-stupid-chips !!!

Any state's cryptocurrency is actual fiat money on blockchain.

The best example is China. They've started out thinking they can really fight against dollarization by mining bitcoin at huge scale and regulating the crypto.
Because when the trade war kicked in, the Chinese investors hoped not to lose value hoarding in crypto.
But another shit came out after a while. The value was evading China itself. The money flew out of the half-commie China !
Surprise, surprise, bitcoin sort of surprise!
(...and crypto Gollumz dream about this shit to become a global experiment ?!?)
So China clampdown regulations on crypto for good ...and the whole crypto died after such a big "smart" player took off.

That was the big lesson for China and all countries, now everybody they keep buy massive, heavy Gold.
Much simple trade, fair and much trustworthy ...and real

Now the new trend is the national cryptocurrency ...fiat on blockchain! OMG
Like the crypto-renminbi=>bitcoin=>USD path is impossible to export the Chinese capital further again
if whole China will be a totally reglamented National Exchange House!
...read no privacy, as long as the Chinese Big Brother will hold all personal data of the crypto-renminbi holders
..............................

Now, Germany, China's, Venezuela's... any country's cryptocurrency is actually fiat money on blockchain.
As Libra is obviously sort of a corporate-foreign-exchange for Swiss fiat...on blockchain.

Not a bad move after all. Fiat took the best from this "cryptic mediocre revolution".
The security. The impenetrable security of the blockchain.
Thanks, squids!

So they have the trilemma solved ...except the decentralisation and scalability
But there will be no globally unique cryptocurrency ever!

As I said here, bitcoin will be only some medium of exchange, like any bank, video game coin, any corporation inside coin, any social network coin...
small enthusiast communities coin , mental disturbed groups' coin, primitive closed communist economies coin, autarchic economies coin...

So take care of your real cold money if you buy this bitcoin crap!!!

OMG ... this is what I meant by bitcoin sort of surprise!

...and again!
Bitcoin plunges $500 within minutes !
That's what bitcoin does. BAM, just like that!

Right out of the blue!!! ...blue whale?
No news, no nothing!
That's whales making real fiat money on stups !

How many times the poor naive believers let themselves fkd like this until they will understand this Ponzi sort of scheme?!?!?

Today everything is wrong about bitcoin ? ...because it's justta computer file which will never win the crowd!
And there are 4 cyberpunks who controls it making everything a lie about decentralization and the safety of value

From what I understand, Bitcoin SV the "honorable" one!

Neah, is the crypto disturbed freaks who are whining and complaining about the governments, the banks, the rich, the current order, weirdo.
Bla, bla, bla, crypto fizzled mediocre revolution!... babiez
Bitcoin is just an abortive, subversive financial tool. GTFO

Simple business: 5 more days until the Bakkt shit-show
5 more days until the triangle will be broken upwards most likely ...11K, 12 K
...then back for "stability" (10K) back in range ...then, 7500 is waiting if there will be no more stups to be robbed

But December is coming and Santa, Crooks and Stups have a great respect for tradition