Crypto Currency Gloom? There are a lot of interesting things happening, that you maybe need to look past the headlines from crony news networks to appreciate. Jack Maller moving Strike to El Salvador. Good Move. Bitcoin miners making tons of money with ordinals. Also Good! Miners will hopefully use profits to buy and move more miners to more diverse locations. Ordinals will pass, or someone will develop a better way to inscribe them onto the Bitcoin network without it jamming up the Mempool. Average Joe’s like me and you accumulating 1 bitcoin wallets. Forget the Whales. They and Wall Street are just here to manipulate for trading. Who needs them. Bitcoin doesn’t need them. Works fine without them. A stagnating USA maybe beginning to wake up and smell the roses, of past failures with old regimes. Out with the old, and in with the new. Bitcoin is a part of a free society. It does not threaten the Fiat Dollar, unless the Fiat dollar is being used as a weapon against others that don’t agree with these old timers that are running things, and only protecting their own wealth. Bitcoin is freedom to choose, and that is American. Yes, you have to learn how to handle Crypto Currencies. There are plenty of sources out there to help. Yes there are scammers that will attempt to take advantage of your lack of understanding. Believe me, the US government has already chumped you into believing what they want you to believe. Talking us into putting our life savings in the stock market, and then manipulating the hell out of it. Forced to put money into the Social Security, and Medicare programs, and then robbing the funds for pet projects. Oh, the government is going broke. Print some more money with nothing to back it. The hidden tax as all that money filters into the economy and the price of everything goes up. Get a lawyer if your feeling cheated. Then you will really be cheated.

Crypto Currency Gloom? There are a lot of interesting things happening, that you maybe need to look past the headlines from crony news networks to appreciate. Jack Maller moving Strike to El Salvador. Good Move. Bitcoin miners making tons of money with ordinals. Also Good! Miners will hopefully use profits to buy and move more miners to more diverse locations. Ordinals will pass, or someone will develop a better way to inscribe them onto the Bitcoin network without it jamming up the Mempool. Average Joe’s like me and you accumulating 1 bitcoin wallets. Forget the Whales. They and Wall Street are just here to manipulate for trading. Who needs them. Bitcoin doesn’t need them. Works fine without them. A stagnating USA maybe beginning to wake up and smell the roses, of past failures with old regimes. Out with the old, and in with the new. Bitcoin is a part of a free society. It does not threaten the Fiat Dollar, unless the Fiat dollar is being used as a weapon against others that don’t agree with these old timers that are running things, and only protecting their own wealth. Bitcoin is freedom to choose, and that is American. Yes, you have to learn how to handle Crypto Currencies. There are plenty of sources out there to help. Yes there are scammers that will attempt to take advantage of your lack of understanding. Believe me, the US government has already chumped you into believing what they want you to believe. Talking us into putting our life savings in the stock market, and then manipulating the hell out of it. Forced to put money into the Social Security, and Medicare programs, and then robbing the funds for pet projects. Oh, the government is going broke. Print some more money with nothing to back it. The hidden tax as all that money filters into the economy and the price of everything goes up. Get a lawyer if your feeling cheated. Then you will really be cheated.

Let the malicious attack, and lose millions of dollars doing so. The hodlr’s will continue to Hodl. We will beat them to death with their own club.

You must realize that the US will never default because they control the money printing press. The will break the public long before they break themselves.

Bitcoin is a belief system, the same as the US dollar is a belief system. You believe in the US dollar, because you believe in your government to protect your wealth and purchasing power with the money issued by them. However, your government is run by powerful people with self interests, that in many cases may not be perfectly aligned with the people they govern. Therefore, these folk may choose to spend money they don’t really have in ways that help themselves, and their friends. They can spend more than they have because they can create as much more of the money as they care to. By creating more money into the economy, they create the hidden tax on there people. Creating money does not hurt them, because they receive it and spend it into the economy as soon as the get it. As the currency created circulates into the economy, the price of everything goes up, because of the over abundance of this newly created money. This over abundance of currency hurts every person who has savings, and every working person who needs to make wages earned, meet there cost of living needs.

Bitcoin is governed by computer open source code. Everybody is welcome to look at the code to see how it protects the wealth accumulated in it. No government, or single group of people can control the issuance of new money. It’s already programmed in, as to how much and how it is issued. If you learn how to save it, earn it, and spend it, you can use it and take it anywhere in the world. Every day more and more people around the world are believing in it. This creates the liquidity of it to be able to use it to meet or exceed your cost of living needs.

The controlled issuance of Bitcoin guarantees that its future value in terms of the US dollar will continue to grow. As in the case of the dollar, the creation of dollars by your government guarantees that those dollars will be worth less in terms of product and services, as each year goes by.

Heard today that Texas wants to issue it’s own CBDC, backed by precious metals. It is total befuddlement to me that anybody would suggest that, in these times. Don’t they realize the infrastructure that would be required to do such a thing. The vaults that would need to be built, guarded, and protected. The humans that would be entrusted to keep proper ledgers to insure those that own these CBDCs are entitled to the commodities stored in these facilities. The how to protect the public of whom holds these CBDC’s can actually redeem these for the correct weight, purity, and value that the CBDC claims it is worth. Can these CBDC’s be forged, hacked, or stolen, that a person could claim the commodities without actual true ownership.

You cannot possibly trust an organization of humans with such a responsibility as this.

Trust the Code. Bitcoin already is handling the job that these Texan’s feel that they can tackle. My experience with government agencies, is they can screw things up trying to fix things worse than the things they are trying to fix.

Can anybody answer why bitcoin block time cannot be reduced gradually as the internet and computers become faster

Early on, I invested IOTA coin, and convinced some friends to do the same. There was an online seed generator. I generated the seed, and put the coins in a IOTA wallet. 6 to 9 months later, and the coin was doing real well, the wallet was emptied. I checked with my friends and their wallets were also emptied at the same time. The lead at IOTA was no help at all. Publicly said that if you did not know what you were doing, you should have not invested in it. The guy that put up that seed generator was finally arrested some years later, but none of the stolen funds were recovered. That was the end of my alt coin adventures.

Here’s an interesting conversation I had with a 94 year old today. Watching the news, and the news was talking about a Russian Missile attack in Ukraine, that killed several woman and children. The 94 year old was appalled of such an atrocity. I looked at that person, and asked: what about the 2 nuclear bombs the USA dropped on Japan. Do you think woman and children were killed in that attack. The answer I received was: I didn’t hear about any!

https://stocks.apple.com/AUdwU-52nTFa9oyX7a6U2vA

Fed Seeks Broad Changes to Bank Rules in Aftermath of SVB Failure.

What kind of shit show is this. It’s become way to complicated for our broke, and broken government to handle. All they can really hope for is somebody in a government job throwing darts at a dart board hoping for the best result. Then at last when it all goes wrong hanging the blame on that person and hiring the next dummy to line up against the firing squad.

My feelings exactly. I don’t really believe the fiat system needs to fail, for Bitcoin to prosper. I do believe however that the existence of Bitcoin will cause governments to be more responsible regarding their fiat currencies, and especially not be wielding them as weapons against whom they don’t agree with.

2nd time today I received this same request phrased nearly exactly the same from somebody else. I zapped the first guy a small amount. Now wondering if this is some kind of scam.

What is right about the US government selling Bitcoin seized in Silk Road to the public, and then creating policy to restrict it’s use. Others would be sued for such action. If the government truly believes Bitcoin is evil, they should destroy the private keys.

Not me, but would like to get that going. This guy on YouTube is a good watch about doing that: VoskCoin.

We all got to start mining for the good of the network. Even if just on a laptop. Cannot let any government take over the network.

Agreed!! I have been saying this to people without many that agree with it. The US dollar will lose it’s World reserve currency status. Our government and corporations will have less influence on developing countries. The US should gracefully age, and not continue to try and be the world police force it seems to think it needs to be now. Democracy does not need to be defended in other countries. It’s a choice of the people, and must be won by the people of those countries if they want it. We should defend our own freedom and democracy on our own shores, and stay out of the business of others around the world. The US seems to be a sick nation right now in need of healing. A slower paced more relaxed European style of life may be just the cure we need.

How possible is it that Steve Jobs was Satoshi Nakamoto. Satoshi disappeared in April 2011, and Steve died in Oct. 2011.

Just used hodlhodl.com to make a small bitcoin purchase. Went very smoothly. Will continue to use with small transactions to buy bitcoin. Just wanted to see if I can buy from a source that the government will find very difficult to shut down.

If the Whitehouse tells our banks that we cannot send our own hard earned money to an exchange that will sell me what they consider to be a commodity, or worthless funny money in their minds. Then I think we should run the banks. Pull out all our money, and see how they handle the stress test. Then we will see what funny money really is.

Emerging new technologies, but not too early. Just as they are beginning to be noticed by main stream folk. Ask folks you know. If a bunch of them have heard of it, but don’t know quite what it is yet, It’s time to jump in.