# The Rise and Fall in Bitcoin Value **URL:** \ **Category:** Out Of Pod Experience\ **Created:** [January 18, 2022, 1:41pm UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290 "2022-01-18T13:41:44Z")\ **Posts on this page:** 20\ **Page:** 14
**Author:** ![Xeux](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/xeux/32/428022_2.png) [@Xeux](https://forums.eveonline.com/u/Xeux)\ **Post date:** [March 27, 2022, 12:33am UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/261 "2022-03-27T00:33:21Z")
You can now buy oil with Bitcoin. ---
**Author:** ![Karak\_Terrel](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/karak_terrel/32/373453_2.png) [@Karak\_Terrel](https://forums.eveonline.com/u/Karak_Terrel)\ **Post date:** [March 27, 2022, 2:19pm UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/262 "2022-03-27T14:19:54Z")
Apparently only for friendly countries. Hostile countries have to use their shitcoin ---
**Author:** ![Xeux](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/xeux/32/428022_2.png) [@Xeux](https://forums.eveonline.com/u/Xeux)\ **Post date:** [March 27, 2022, 2:22pm UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/263 "2022-03-27T14:22:18Z")
I never thought I would get to see history repeat itself. It is amazing how it is just like they said it was in all those old books. ---
**Author:** ![Aaron](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aaron/32/379788_2.png) [@Aaron](https://forums.eveonline.com/u/Aaron)\ **Post date:** [March 31, 2022, 9:45am UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/264 "2022-03-31T09:45:30Z")
Hi what are you referring to exactly? ---
**Author:** ![Xeux](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/xeux/32/428022_2.png) [@Xeux](https://forums.eveonline.com/u/Xeux)\ **Post date:** [March 31, 2022, 2:00pm UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/265 "2022-03-31T14:00:21Z")
I was responding to the post above mine. Now there are friendly countries and unfriendly countries. That is how big world events have started sometimes, in the past. ---
**Author:** ![Aedaxus](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aedaxus/32/393915_2.png) [@Aedaxus](https://forums.eveonline.com/u/Aedaxus)\ **Post date:** [April 6, 2022, 9:01pm UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/266 "2022-04-06T21:01:50Z")
> [@Aaron](#): > > It’s a good honest video with plenty of great discussion points. It’s much better than the “future of sales” tiktok tradiner/investor! [![](https://global.discourse-cdn.com/eveonline/original/4X/d/1/7/d17b1886ce44dc9022080fa3e4acfe8c80e57d8c.jpeg "TikTok Traders Are Insane") ](https://www.youtube.com/watch?v=C2KP4M19JiM) ---
**Author:** ![Emotional\_Support\_Clown](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/emotional_support_clown/32/310422_2.png) [@Emotional\_Support\_Clown](https://forums.eveonline.com/u/Emotional_Support_Clown)\ **Post date:** [April 6, 2022, 9:04pm UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/267 "2022-04-06T21:04:25Z")
What if… Bitcoin is a ruse, a Trojan Horse to get you all excited, to accept crypto, to bring in totalarian economic control via CBDC’s. You wouldn’t likely accept state run totalarian e-coins that they can watch/control totally without that prior step. The alternative theory is, it is competing forces at play battling each other. ---
**Author:** ![Emotional\_Support\_Clown](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/emotional_support_clown/32/310422_2.png) [@Emotional\_Support\_Clown](https://forums.eveonline.com/u/Emotional_Support_Clown)\ **Post date:** [April 6, 2022, 9:10pm UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/268 "2022-04-06T21:10:34Z")
Control [![](https://global.discourse-cdn.com/eveonline/original/4X/f/8/5/f852491c717bb3fd5218f24b5e5e2fc10e4c8421.jpeg "Bank for International Settlements head Agustin Carstens about CBDC and control") ](https://www.youtube.com/watch?v=rpNnTuK5JJU) [![](https://global.discourse-cdn.com/eveonline/original/4X/1/a/0/1a09570160db4704daf60e9643292f5ceee9bbc5.jpeg "Digital Currency Is Coming | Pippa Malmgren WGS2022") ](https://www.youtube.com/watch?v=7-Pj1i1RLm4) ---
**Author:** ![Xeux](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/xeux/32/428022_2.png) [@Xeux](https://forums.eveonline.com/u/Xeux)\ **Post date:** [April 6, 2022, 10:08pm UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/269 "2022-04-06T22:08:28Z")
> [@Emotional\_Support\_Clown](#): > > You wouldn’t likely accept state run totalarian e-coins People accept whatever they are told to accept. ---
**Author:** ![Karak\_Terrel](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/karak_terrel/32/373453_2.png) [@Karak\_Terrel](https://forums.eveonline.com/u/Karak_Terrel)\ **Post date:** [April 7, 2022, 8:28am UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/270 "2022-04-07T08:28:40Z")
> [@Xeux](#): > > People accept whatever they are told to accept. I honestly don’t think so. Money was always an emerging social thing between the people who used it and changed greatly over the history of our species. I do think that totalitarian regimes will try whatever they can to avoid a Bitcoin standard. But countries who want to participate in the global economy will soon have no choice to adopt it, and all their dreams of an independent CBDC will fall apart. I think there will still be a digital Dollar, or other state issued currencies, at least in the foreseeable future. But the ones that will see use will be stablecoins on top of Bitcoin, partially backed by Bitcoin. That’s my prediction, I’m pretty hopeful about the future of money. We will see how it plays out 🙂 ---
**Author:** ![Abigail\_Rocker\_Ronuken](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/abigail_rocker_ronuken/32/242092_2.png) [@Abigail\_Rocker\_Ronuken](https://forums.eveonline.com/u/Abigail_Rocker_Ronuken)\ **Post date:** [April 7, 2022, 8:32am UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/271 "2022-04-07T08:32:51Z")
bitcoin is a pyramid scheme, people that get in first win, people that get in last loose and it has no tangible value backing it like a government or gold. ---
**Author:** ![Emotional\_Support\_Clown](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/emotional_support_clown/32/310422_2.png) [@Emotional\_Support\_Clown](https://forums.eveonline.com/u/Emotional_Support_Clown)\ **Post date:** [April 7, 2022, 8:35am UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/272 "2022-04-07T08:35:03Z")
Backed by a government, you mean those with a monopoly on power and the means to enforce it physically. You put too much trust in government. _Cui Bono_ ---
**Author:** ![Abigail\_Rocker\_Ronuken](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/abigail_rocker_ronuken/32/242092_2.png) [@Abigail\_Rocker\_Ronuken](https://forums.eveonline.com/u/Abigail_Rocker_Ronuken)\ **Post date:** [April 7, 2022, 8:36am UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/273 "2022-04-07T08:36:14Z")
well a government is a tangle thing, whether you like, trust or believe in them is another. ---
**Author:** ![Emotional\_Support\_Clown](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/emotional_support_clown/32/310422_2.png) [@Emotional\_Support\_Clown](https://forums.eveonline.com/u/Emotional_Support_Clown)\ **Post date:** [April 7, 2022, 8:36am UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/274 "2022-04-07T08:36:51Z")
If the government cared about your value, they wouldn’t be debasing the currency and uncoupling it from tangible value such as precious metals. ---
**Author:** ![Karak\_Terrel](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/karak_terrel/32/373453_2.png) [@Karak\_Terrel](https://forums.eveonline.com/u/Karak_Terrel)\ **Post date:** [April 7, 2022, 8:37am UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/275 "2022-04-07T08:37:49Z")
> [@Abigail\_Rocker\_Ronuken](#): > > bitcoin is a pyramid scheme, people that get in first win, people that get in last loose and it has no tangible value backing it like a government or gold. I bet you thought really hard about this. I’m glad we have this conversation ---
**Author:** ![Abigail\_Rocker\_Ronuken](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/abigail_rocker_ronuken/32/242092_2.png) [@Abigail\_Rocker\_Ronuken](https://forums.eveonline.com/u/Abigail_Rocker_Ronuken)\ **Post date:** [April 7, 2022, 8:39am UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/276 "2022-04-07T08:39:00Z")
thank you ---
**Author:** ![Aedaxus](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aedaxus/32/393915_2.png) [@Aedaxus](https://forums.eveonline.com/u/Aedaxus)\ **Post date:** [April 7, 2022, 9:11am UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/277 "2022-04-07T09:11:44Z")
> [@Karak\_Terrel](#): > > But countries who want to participate in the global economy will soon have no choice to adopt it What do you mean? International trade works without Bitcoin. > [@Xeux](#): > > People accept whatever they are told to accept. [![](https://global.discourse-cdn.com/eveonline/original/4X/c/e/2/ce2e1c6d638d7eede09842d0c6628bcff094e91a.jpeg "Inside El Salvador's Bitcoin experiment") ](https://www.youtube.com/watch?v=iAQWvhn-lWg&t=851) Listen to this slip-up from a Bitcoin promoter. They know who to target. 😃 “it’s political” and “because everything you’re telling them they believing you, cuz they know nothing” 😃 Oh no, cryptobros, did we get too cocky? Long live Big Brother! eh Bit Coiner! Long live Bit Coiner! ---
**Author:** ![Karak\_Terrel](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/karak_terrel/32/373453_2.png) [@Karak\_Terrel](https://forums.eveonline.com/u/Karak_Terrel)\ **Post date:** [April 7, 2022, 9:36am UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/278 "2022-04-07T09:36:25Z")
> [@Aedaxus](#): > > What do you mean? International trade works without Bitcoin. Yes, but very badly. Extremely slow and expensive. I think I have explained this enough times how Bitcoin will facilitate this more efficient simply as a digital bearer asset, not gona repeat myself a hundred times. 🙂 ---
**Author:** ![Aedaxus](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aedaxus/32/393915_2.png) [@Aedaxus](https://forums.eveonline.com/u/Aedaxus)\ **Post date:** [April 7, 2022, 9:41am UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/279 "2022-04-07T09:41:33Z")
> [@Karak\_Terrel](#): > > not gona repeat myself a hundred times. 🙂 Let me say it for you then; Before your funds are credited to the recipient, they will undergo **anti-fraud** and **anti-money laundering** checks, which takes time and money. ---
**Author:** ![Karak\_Terrel](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/karak_terrel/32/373453_2.png) [@Karak\_Terrel](https://forums.eveonline.com/u/Karak_Terrel)\ **Post date:** [April 7, 2022, 9:53am UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/280 "2022-04-07T09:53:41Z")
That doesn’t have anything to do with what I was talking about. I speak about physical settlement and not about additional stuff a bank has to do anyway. I always find it hilarious that the legacy bankers bring this topic up when talking about crypto, meanwhile their industry launders trillions year by year like it’s their core business. [Previous page](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290.md?page=13) [Next page](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290.md?page=15)