There are still some illusions going around about bitcoin like; it's decentralized and deregulated.nothing can be further from the truth,btc was decentralized and deregulated when it was only on the black market.the US government is one of the big wales and has gotten (numbers in 2023" 200.000btc by seizures,so what decentralized ? Transactions are tracked,traced and taxed when cashed out in other legal currencies,so there goes the deregulated theory.i still have discussions with co workers that hate and rant about the government exess spending,money printing in infinity and the inflation that it brings,and at the same time thy believe that the government one day will except btc which is limited to 21milj to replace the dollar,how would thy then create/print more bitcoin,for new loans trough which thy create new and more money ? Thy would be limited to 21mil🤷🏻♂️.the US invaded a lot of countries to protect the dollar,why in the world would one believe thy would allow btc to do that ?
There are still some illusions going around about bitcoin like; it's decentralized and deregulated.nothing can be further from the truth,btc was decentralized and deregulated when it was only on the black market.the US government is one of the big wales and has gotten (numbers in 2023" 200.000btc by seizures,so what decentralized ? Transactions are tracked,traced and taxed when cashed out in other legal currencies,so there goes the deregulated theory.i still have discussions with co workers that hate and rant about the government exess spending,money printing in infinity and the inflation that it brings,and at the same time thy believe that the government one day will except btc which is limited to 21milj to replace the dollar,how would thy then create/print more bitcoin,for new loans trough which thy create new and more money ? Thy would be limited to 21mil🤷🏻♂️.the US invaded a lot of countries to protect the dollar,why in the world would one believe thy would allow btc to do that ?
And also, there is 100 million satoshis in one Bitcoin. So in my opinion, it`s 100 million times 21 million. Not so limited is it?!
Some interesting insights into mining but he comes across as pretty arrogant..
This guy is an aberration, normally sound money devotee's are intelligent people.
Truth sure does challenge those firmly held political rationalizations.
Blah blah blah politics blah blah blah politics. RFK said he did heroine. Praise him . Blah blah blah praise heroine.