There’s some great tips for beginners here.
https://twitter.com/StarfoxFlagship/status/1495472980033523715
Ponder that.
There’s some belief that it’s already been hijacked, if not originated for that purpose and these groups do infiltrate and capture all forms of control over you and resources.
The biggest pyramid scheme is that of power itself, and a hierarchical power structure ensures those in lower levels obey to rise up to higher levels.
Always promises of utopia, we’ve had many examples in the past, remember the Supreme Soviets and their identity, Soviet, now the EU with their “Guardians of the treaties” version and new identity, European. Promise utopia, new identity, new power structures… none have succeeded unless their purpose was to collapse.
Now we have the WEF and World Government and more promises of utopia and identity.
We know where this is going… the road to hell is paved with good intentions. Say bye bye to your individualism, welcome more of top down power and control, this time with no privacy and ownership for you.
Crypto has already been eclipsed, infiltrated, captured and controlled, anything that isn’t under their control, is sidelined and ousted. Black balled (a freemason would understand that term).
Planet X is getting closer, they’re on a tight schedule.
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I’m not a fan of WEF crackpottery
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The point is, they’re already influencing/controlling it (crypto).
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And that’s based on some twitter dude who “connects the dots”?
You know there are objective ways to actually decide if a thing is influenced by something or someone if the code and whole development process is completely in the open. The whole point of Bitcoin and open source is that you don’t trust but verify.
So until someone actually points to that specific manipulation instead of giving vague hints about supposed associations, because some guy at WEF had some positive thoughts on it I’m not impressed.
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You can also confirm that from the WEF’s own website and their books/papers. Their plans are no secret. They also list their associations and members. They’re quite proud of their plans at world domination and take over.
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So what are their plans for Bitcoin then?
Control, what do you think?
You think they just sit around a table having tea and cookies?
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So where on their homepage do I see how they control Bitcoin?
Pretty much via all the partners and organisations they influence, many of the people in power either in companies or government are pro-WEF and even give speeches on the mission.
If you want to do business, it’s likely going to involve their partners.
You can even search and find such people in power and the speeches they give. It’s not new.
They will influence any laws and also corporate governance.
You can already see the outcasting and demonisation of self-hosted wallets. They’re fragmenting Bitcoin, hosted custodial wallets vs self hosted.
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So you mean political influence to push regulation?
We are not talking about actual changes to the Bitcoin software itself or the actual network?
Good luck with self hosted wallet spending in future. They will make that more painful.
The problem with Bitcoin is, it’s not fungible, taint is a problem and guilt by association indirectly on chain even if the next spender is N hops further on.
That’s why they buy from miners freshly minted and government auctions at premium. Government is the biggest laundry mat in the world.
There’s a reason the EU just passed a law for total surveillence of crypto, they’re prepositioning that regulation for CBDC’s so once fait cash is reduced, with their higher reporting bar, CBDC’s will be following the total reporting rules for any amount. Sly move on their part.
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Oh sure. But I really don’t care if that comes from the WEF or from the central bank or from some other political organization. It was very clear from the start that this would happen.
They are not controlling it, they are attacking it, like they have done with every other currency in the history that challenged their monopoly over the printer and power to transfer large sums to their pockets.
The whole reason Bitcoin was built is to resist this.
The problems with fungability and taint is well known and needs to be addressed. Lightning helps at least a bit with that, but we need more on-chain privacy for sure.
Sure, you can still use it, but, companies will favour hosted wallets, they do have the travel rule enabled to check now. Hence, more painful to actually use it as intended. Self hosted wallets are second class citizens on the network now.
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Yeah I’m not concerned about that because that was all expected to happen.
There are pros and cons to this, apparently 6 million BTC are already forever unusable due to the owner passing away and not leaving instructions to gain access. The world might be better off if exchanges host the wallets.
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Serious question: how is an exchange any better than just using a bank?
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No, that defeats the purpose and whitepaper.
You can use a N of M (multisig) wallet yourself without a custodian.
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It’s not about a bank being better than a crypto exchange, an exchange has the facilities to store, buy/sell/trade crypto currencies and banks do not.
New coins of a crypto currency which are brought into existence by mining are stored in a crypto wallet which is something a bank can’t provide.
So to answer your question an exchange is 100% prepared to handle all possible needs a consumer might have for anything crypto currency related, A bank handles any service related to physical money.
Well what are your thoughts on approx 6 million BTC being lost forever? Do you have any further thoughts on how it could be avoided? or is this something that is unavoidable and sure to happen?
If the 6 Million BTC figure is true then BTC will be factually based on the finite amount being 15 million. This might further increase the value, anyone got any thoughts?
I feel so sorry for this guy, he threw away his hard drive containing the BTC in the trash by accident and has been looking through a rubbish dump for a good year or more now. I really hope he find it for the benefit of himself and the world.
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