Discussion
Many points around the 3min mark speak to the fact that faith is the only thing backing money. Belief and faith by the recipient is all that gives a unit value.
He references numerous times the person receiving bitcoin is the one that matters; bc of the above.
If the receiver does not believe it has value or can be used in the future to transfer value then they will not accept it; it being a unit like bitcoin being used as money.
I find the Tether FUD pack on Twitter (Bitfinex’d, Crytamdamus, Boring Sleuth, etc) to be rather compelling. So that’s what holds me back from crypto… though I like the concept. Someone convince me Tether is legit, and I will get in. Otherwise I will wait until that string is pulled out. Tether gives off strong international scammer / transnational criminal vibes.
lol
Very interesting. In this video, made for years ago, Bitcoin was at non-threat phase. We are 100% at the outflow mode. And all the comments mentioned are currently in action. Very insightful prediction.
Thank you for digging this up, Jack. Clear thoughts.
where we at in the timeline? Pre-hash wars?
Very early stages of the criminalization phase.
A series of things have happened recently, from exchanges, wallets, nodes. Bitcoin's threat to the status of the dollar has prompted the U.S. government to take action.
In a series of international incidents, the US government found that Bitcoin had challenged the supremacy of the US dollar, SWIFT could not track and monitor these transactions, and more and more people and countries began to use Bitcoin instead of the US dollar for storage and transactions. So far, no national currency has challenged the dollar as the world's currency, because as long as you are a sovereign currency, the U.S. government can work with its Allies in the developed world to find a way to contain the development of that country, Japan in the 1980s, and China now.
But they've never had an opponent grow as fast as Bitcoin, and you can't find an entity to sanction and curb them. The original currency of the Internet, completely decentralized, is like a weed that grows when the spring breeze blows. As a result, the US government and its Allies have now imposed sanctions on all Bitcoin entities and individuals.
Under the sanctions of powerful governments and their Allies, neither individuals nor businesses are powerless, and this is where # Bitcoinman is most helpless. We have Bitcoin as the strongest shield to protect our wealth, but we cannot withstand the spears of power.
zap the guy behind this presentation!!!
nostr:npub1mygerccwqpzyh9pvp6pv44rskv40zutkfs38t0hqhkvnwlhagp6s3psn5p
(This note is already set 100% zap split to G for convenience🫣💜🍓🫂)
"If the state wants money, they'll have to work for it just like any other participant in the market"
Weren’t thousands of people censored under your watch at twitter on behalf of the state? Suddenly they’re an adversary? Lol ok.
Easy to criticize. Difficult to do a better job though.
aw nostr:npub17j6nccpy5eye22wg9jjhf9cmjycj3vk3thmf2hfanc8zwhwkgspqqscg3h, your mommy told you to finish cleaning your room before you said anything stupid on the internet. now you dont get your juicebox, and everyone is going to mute you.
I'm inviting you to watch https://invidious.fdn.fr/watch?v=aA-jiiepOrE together? Please?
It is easy. Just don’t. And then don’t lie about it, and then don’t act like it never happened. This dude is a fraud.
I watched this video. It doesn’t address the fact that nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m silenced his users, lied about it, and rather than taking accountability, he blamed the technology. Watch his Rogan interview where Tim Pool embarrassed him and Vijaye. He knew what he was doing. He’s not benevolent or naive, he’s an authoritarian asshole.
Is the ladger safe place to store bitcoin?
It is not, because they use closed source code which cannot be audited. Use only open source wallets, like jade wallet
Jack. I hope you could read this.
Dear Jack,
I hope you’re doing well. I’m reaching out to share something deeply personal and ask for your help during an incredibly tough time in my life. I truly appreciate you taking the time to hear my story.
Over the past few years, I’ve found myself in a spiral of financial difficulties that started with trying to help others. My father struggles with alcoholism, and my mother has a brother with severe autism, which has placed a heavy emotional and financial burden on our family. In an effort to support them and cover growing expenses, I ended up taking on debts that snowballed out of control.
To try to pull myself out of this hole, I invested in stocks and later cryptocurrencies, hoping for a way out. Unfortunately, this only worsened my situation. I work at a bank and, in desperation, I asked my husband to take out a loan to help us manage the debts. However, because I processed these transactions from my phone, the bank mistakenly flagged it as potential fraud. Although we clarified that my husband was fully aware, I received a 15-day suspension from work as a penalty, which has left me in an even more precarious position.
Today, I’m overwhelmed by accumulated debts, and I’m struggling to survive financially. I’ll be honest—this has taken a heavy toll on my mental health, and I’ve been battling thoughts of giving up. But I’m determined to keep pushing forward and rebuild my life.
This brings me to why I’m writing to you. I’m reaching out to ask if you’d be willing to help me with a loan of [insert specific amount, e.g., $X or leave blank for now] to consolidate my debts and give me a chance to start fresh. I’m committed to repaying you monthly, and I’d be happy to work out a repayment plan that feels fair and manageable for both of us. My job at the bank provides a steady income, and I’m confident I can honor this commitment once my suspension ends and I stabilize my finances.
I know this is a big ask, and I’m incredibly grateful for your consideration. If you have any questions or need more details about my situation or the repayment plan, please don’t hesitate to ask. I’d be happy to discuss everything openly.
Thank you from the bottom of my heart for listening and for any support you might be able to offer
I try to tell my hisyory since 2021