I support Bitcoin, not crypto.

I'm here because I love Bitcoin, not because I want number to go up. I support the values that Satoshi programmed into Bitcoin. Not just the values programmed in code, but how Satoshi walked away and choose not to monetize the project. Satoshi had the same ideals of George Washington ideals of freedoms and a decentralized balance of powers so there could be no king.

Crypto outside of Bitcoin is all just a giant malicious scheme to redistribute wealth from dumb retail investors to VCs, devs and insiders. When there is no product, you become the product. Create a premined coin, pay influencers and media to hype up your coin then slowly dump your bags on the public. Easiest get rich scheme in the world.

I don't support crypto in general. I actually find much of crypto to be abhorrent. CBDCs are frightening to human rights as it gives governments extreme control over their citizens. Centralised projects are not that different from CBDCs when you think about it, it's just Vitalik who is the head of the central bank instead of China.



Submitted September 30, 2021 at 12:55AM by ShotBot https://ift.tt/3ATqdqp

Comments

Post a Comment

Popular posts from this blog

Coinmarketcap are listing BCH sites as BTC

Under here: https://coinmarketcap.com/currencies/bitcoin/ They have links to https://bitcoin.com/ and https://forum.bitcoin.com/ which are no longer BTC sites; they're BCH sites. I'm not good at twitter and don't have many followers but I've tweeted at them here: https://twitter.com/bitplane/status/955918445014585344 Can we raise awareness of this and get them to change it please? Submitted January 24, 2018 at 02:47AM by david-song http://ift.tt/2DtOW70
Read more

15 years of BTC Power Law

5 years ago I made a post in this subreddit showing that BTC is a power law: Price=A*days^n, (days from Genesis Block), n=5.8. Many didn't believe me and said the past doesn't predict the future. Well, after 5 years it turns out that BTC continues its power law behavior with similar exponent. A power law is not another formula or model but the same mathematical behavior behind river formation, mountains growth, cities development, GDP vs population, and metabolic rate. Everything important is ruled by power laws, so BTC. BTC is a force of Nature. Here is the original post: https://www.reddit.com/r/Bitcoin/comments/9cqi0k/bitcoin_power_law_over_10_year_period_all_the_way/ https://preview.redd.it/ygtk3bb1fkac1.png?width=3211&format=png&auto=webp&s=46261e53d34b1d904f72eaf159cfaaf2999290ba ​ Submitted January 05, 2024 at 11:26AM by Econophysicist1 https://ift.tt/sdnkAoG
Read more