BitCoin has zero chance of survival. Got in during the bubble? Think its gonna bounce back? Do some more research and realize every major force on the planet is against it -- and for good reason despite their individual pursuits.
Bitcoin is “a combination of a bubble, a Ponzi scheme and an environmental disaster,” Agustin Carstens, the head of the BIS, said.
Not often I agree with the global pranksters. Here, though.
First Asia restricts the use. Then India. Now the Western banking elite are against it. Gold and oil backed cryptocurrency controlled by the gum-mint is next. Hopefully the future holds better alternatives.
This is a revolution that won't go smoothly and easy but WILL happen. Governments and banks can delay it, but will never be able to stop it. Game theory is also on our side: Governments that prohibit it will lose out big and govs that support it will gain.
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Bankers have always generally been against crypto assets due to the decentralization of wealth that crypto assets promote. Blockchain hurts the banking industry. Additionally, "restricted use" is not a ban. India did not ban Bitcoin. Asia never banned Bitcoin. "Every major force" is not against it especially after the recent SEC meeting last Tuesday.
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a number of "journalists" reporting on this space have been far from objective.
almost seems as though they all have the same guiding hand. Hmm...
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Long overdue, govt has been asleep at the wheel for one of the biggest ponzi schemes in history.We can always move to Monero or Zcash. @alanazhary
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cant tell if joking or legitimate comment...
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LOL even i'm not sure i'm a bitcoin investor i need to move my investment to another coins but in deep down inner voice is telling me that it will rise again HODLLLLLLL :D i donno what to do. are you also a btc investor ? @blakemiles84
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oh ok I know what you mean.. yes I've had that same thought process, so I get ya.
My take is that BTC has too much infrastructure to die away completely.... all the Core team needs to do is increase blocksize (even if to 2mb) and it will be a dramatic difference in their user experience and detractors.
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Banks are obviously getting increasingly scared of crypto. And they should be.
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Thanks for sharing important information
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Thanks for sharing this important information.
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Upvoted ☝
Have a great day!
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it's more than 3 years that people are saying this stupid things, but what happened in these years ? BTC has gained more than 1000 %
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illuminati at work
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ermmm aaa I mean aaa ... I should post more post on how to get more cypto coins....only if 99% of the people around the globe 100% using crypto currency and left only those who relate with the bank are using the fiat...I mean which one do you prefer?
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crypto is on the move, and once it's on the move it cannot be stopped.
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