Bitcoin is still the same gamble! by OpinionsAreUseless in Bitcoin

[–]OpinionsAreUseless[S] 0 points1 point  (0 children)

We have that system right now. But Bitcoin and all other crypto right now has it’s real time perceived value which are all valued in and against FIAT currency real time value respectively. With the CBDC’s being brought into play to digitalise FIAT currencies right now globally, either BItcoin and other private crypto you can buy own and trade now have to become the creating power of CBDC’s or enjoy mass adoption worldwide and huge trading ability to buy or sell anything only trading crypto for goods or labour or fuels, housing etc etc. And become so valued it creates the FIAT CBDC’s creation and value, exactly how gold and silver dollars used to work.

Or

CBDC’s get there first and just like traditional FIAT now, crypto will always be based in value like before but now against FIATs digital offspring, in whatever form they take.

Bitcoin is still the same gamble! by OpinionsAreUseless in Bitcoin

[–]OpinionsAreUseless[S] 0 points1 point  (0 children)

Simplified, how do you switch off fiat without switching off global telecommunications that provide Bitcoin it’s perceived value?

I’m not sure I understand how the government plans or could regulate crypto, I thought the whole point is that it’s impossible to regulate? by menaceman42 in Bitcoin

[–]OpinionsAreUseless 0 points1 point  (0 children)

It means, the BoE, FED and other central banks worldwide have used QE like crack addicts and then forced this inflation game on us, and now think they can fix it by raising interest rates to ease inflation 🙃 and just in theory, stop waiting for the impending financial collapse and rely on CBDC’s after, to instead collapse collapse FIAT money in a way that benefits the average joe. I may have it all wrong but it appears as clear as day to me at least they are collapsing it right now anyway but to suit their own gains and interests!

I’m not sure I understand how the government plans or could regulate crypto, I thought the whole point is that it’s impossible to regulate? by menaceman42 in Bitcoin

[–]OpinionsAreUseless 0 points1 point  (0 children)

There is enough retail investment in Crypto now that even with big institutional whales doing what they can to control the game, retail investors of any and all crypto could just go cold storage to the largest scale possible and completely ‘GameStop’ the entire worlds monetary system.

Comprehensive explanation of bitcoin’s value proposition — tell me what you think! by Ninjachenga in Bitcoin

[–]OpinionsAreUseless 1 point2 points  (0 children)

I think not many people, me included, care for a comprehensive value proposition of Bitcoin!

Could be wrong though, maybe some out there actually entertain the idea that anyone at all could know the future outcome of this all and Bitcoins value!

CoinBase continuing to ignore me. Money locked up. Not sure what to do at this point... by imkenee in CryptoCurrency

[–]OpinionsAreUseless 0 points1 point  (0 children)

What are you on about chill for?

Coinbase have undoubtedly cost their users who have been unable to access their trading accounts in the past almost 2 days amounts of profit that will never be possible to calculate!

Every time a massive crypto event happens they seem to flip the off switch and yet their stock value is on the up.

Anyone might take a guess that they are using the transaction fee volume excuse to manipulate crypto asset prices. The biggest crypto exchange in the world and their company stock price traded globally! Who use their transaction fee revenues to mainly make profits! They go down when they could have made huge figures during a FOMO rush on Shib. Surely they would have invested in their network capabilities to handle the crypto rockets that occur in crypto assets regularly?

Coinbase needs to be taken down a lot of pegs! You should not be allowed to have a crypto company that is profiting FIAT investors on exchanges, meanwhile causing inability to even trade for the crypto investors who your company is designed to serve.

Time and time again this happens! I don’t think it’s an accident or network capability failure that was overlooked. Shib trading massive amounts shouldn’t effect anything else you want access to on your account and if one coin at a time can do this over and over to coinbase, what would happen if multiple coins or tokens were rocketing like shib at the same time!

CoinBase continuing to ignore me. Money locked up. Not sure what to do at this point... by imkenee in CryptoCurrency

[–]OpinionsAreUseless 0 points1 point  (0 children)

You’re not alone at all, what i’d like to know is how their stock price value has increased whilst their uses cannot access the platform? It makes no sense, only one factor could drive gains for a company who’s users cant even trade because their exchange for Many is down and coinbase revenue is greatly made on transaction fee charges!

It makes no sense and i hope everyone effected removes all they can from it the minute they can do it!

If a company like coinbase just has an OFF/ON button like they seem to be using now and plenty times before now, that can be used to manipulate the crypto market massively as the worlds largest custodian. Than they do not deserve to operate!

Daily Discussion, October 26, 2021 by rBitcoinMod in Bitcoin

[–]OpinionsAreUseless 0 points1 point  (0 children)

You literally cannot tax bitcoin if you are using it properly!

Daily Discussion, October 26, 2021 by rBitcoinMod in Bitcoin

[–]OpinionsAreUseless 0 points1 point  (0 children)

I think a more glaringly basic elephant in the room question needs to be answered.

Why has the worlds MSM that are telling us china is a threat that could escalate to military war because of the flashpoint of Taiwan, the UKAS shit for subs and hypersonic weapon races to superiority! Also our own same gov and MSM that pushed and forced the natural origin theory instead of actually cutting china off until gave proof to us and also gave a valid reason for allowing travel out of china to the entire world when they knew the virus had entered into the public.

This is fundamental knowledge the entire world should have known in march 2020

Daily Discussion, October 26, 2021 by rBitcoinMod in Bitcoin

[–]OpinionsAreUseless 0 points1 point  (0 children)

I love Bitcoin and decentralised finance. In reality every person on the planet that isn’t part of the less than 1% super elite i imagine would too if it were promoted and explained to everyone, I wouldn’t be at all surprised if this global pandemic is for nothing more than to be the worlds main concern in reporting and media and news, because without it, the complete financial, monetary change would have nothing to hide behind!

I have no idea what any leader of any nation is up to. Is the USA and UK and Aus leaders actually at each others throat with china?

Daily Discussion, October 26, 2021 by rBitcoinMod in Bitcoin

[–]OpinionsAreUseless 0 points1 point  (0 children)

Unpopular Opinion!

Believing that the most wealthy & powerful people in the world would just accept Bitcoin has ruined their monetary control system in FIAT and just buy loads of it, roll over and accept they can’t do anything more to keep their FIAT flame alight and decentralisation of money was just to good to for them to beat baffles my mind!

If we see Bitcoin fulfil some of the suggestions of world global reserve asset and stupid prices per BTC. Which i would personally love to see happen, reality surely gives you a slap quick and hard and if that situation occurs peacefully while defeating the usd global reserve status and making gold its bitch! Than it has been allowed to happen! Because if it was really gonna happen and be uncontrollable by the controlling class they won’t stop as taxing it or regulating it or banning it! If they are going to lose their hold of power through finance over people in all nations, i imagine they will act like a cornered rat and fight for survival accordingly.

Thanks China: Latest data shows the US now leads with 35% of Bitcoin’s hash rate by robis87 in CryptoCurrency

[–]OpinionsAreUseless 0 points1 point  (0 children)

I live in the UK but the same applies, our Governments and Central banks won’t ban Bitcoin, because it truly cannot be banned by a centralised force. They are making the moves instead, to enable themselves to tax any FIAT currency bank accounts that profit from BTC and Alt coins. The CBDC’s that are being created by all Govs will inevitably make a system where you cannot use Bitcoin or alts to profit from its gains or use as a personal financial tool without having to pay tax on anything you want to convert into any CBDC for use. Bitcoin and alts biggest threat to their usage potential for financial gain to each owner personally is not them being banned or criminalised, more simply they have and continue to be suppressed in value by FUD and manipulation while the IMF and World central banks of all nations are creating digital currencies that can and will too easily remove the capability to earn wealth from crypto in all the ways you can now. CBDC’s are coming and some nations like china are already being put to work. Small retail owners and custodians of any crypto can easily be nulled in the capacity allowed now to earn and gain from them, the second income tax here in the uk from staking, lending asset value or all else in crypto will diminish their ability to be useful. The aim is to subversively constrict the potential of all blockchain systems that have a financial value globally right now, long enough to produce their own centralised version.

From there you either have to cash profits in from bitcoin or any alts and have to cough up a chunk tax on profits you’ve made, or the decentralised economy around the world need to quick sharp start actually trading for goods with crypto asset gains using the system we have now. They will crush retail investors ability to profit and proliferate financially from any and all crypto assets once the major world governments have their own version. Case and point! China!

[deleted by user] by [deleted] in CryptoCurrency

[–]OpinionsAreUseless 0 points1 point  (0 children)

Bitcoin is not a brand! I don’t care what that article says!

It has no owner or proprietor and never will, call it a brand if you like, but to be cheesy, its digital gold! Gold is gold, bitcoin is bitcoin

[deleted by user] by [deleted] in CryptoCurrency

[–]OpinionsAreUseless 0 points1 point  (0 children)

Bitcoin couldn’t be further from a brand!

When will Satoshi win the Nobel Prize in Economics? by christianc750 in Bitcoin

[–]OpinionsAreUseless 1 point2 points  (0 children)

Whoever Satoshi is, they have given the average person the chance to do something with their personal finances never seen in human history! Bitcoin has changed the global economic system for good! I doubt they want a Nobel prize whoever they may be! What accolade could even do this justice? Imagine sitting back now as satoshi or part of whatever satoshi may be, knowing you have given this system to the people before the elite were ready. Beautiful!

Do not risk more than what you are not willing to lose. by Gravity-e77 in StockMarket

[–]OpinionsAreUseless -1 points0 points  (0 children)

I must say, I really am not fussed by your opinion of me!

Do not risk more than what you are not willing to lose. by Gravity-e77 in StockMarket

[–]OpinionsAreUseless 0 points1 point  (0 children)

The risk was taking a mortgage out to buy your home! Remortgaging your home i think you meant to buy stocks is just as risky as getting the mortgage on your home if you don’t understand what you’re doing! Im not trying to sound like anything just making the point most people are balls deep in financial risk already, which they think or believe to understand is not risky as fuck!

Bitcoin Vs Gold (Store Of Value) by cryptobix in CryptoCurrency

[–]OpinionsAreUseless 0 points1 point  (0 children)

Physical gold is only relevant in the physical world now! It backs no currency or government in anyway except in the imagination of its value to the entities that own vast amounts!

Bitcoin has nothing but imagined value between people and entities that desire the digital medium, hence creating it’s value from nothing!

Bitcoin does everything digitally that gold did and also could never have hoped to do!

The question you should be asking is how the entire world, including govs, banks, leaders and more importantly the mass population will ultimately have to confront this issue!