What Bitcoin desperately needs is a methodology to curb the speculation.
In fact, all the cryptocurrencies need a methodology to curb the current speculation.
Concomitant with that must exist the realization and actualization that Bitcoin and the other cryptocurrencies should be used as a store of value not as a medium of exchange.
I suppose it’s okay if some cryptocurrencies decide that they want to be used solely as an exchange mechanism, but for Bitcoin to survive our Machiavellian elites, mechanisms must be put in place to ensure that Bitcoin be used as a store of value.
My recommendation is that the Bitcoin community enforce a rule that Bitcoin may only be purchased or sold by an individual once per day. And there may be no proxy sales by institutions.
So, I, Archer Crosley, may buy Bitcoin once per day, sell Bitcoin once per day, buy and sell Bitcoin once per day, or do neither.
But I may not do that in any greater frequency than that.
Such a methodology or similar methodology will stop the speculators in their tracks.
It will certainly stop the high frequency traders, sharks and killer whales.
It will definitely stop Wall Street and the elites from hampering the effectiveness of Bitcoin.
The elites of course have no desire for Bitcoin to work in our lifetime.
Bitcoin is a threat to fiat currency, their money printing scam.
Plus, if it’s one thing the elites cannot stand it is when you the regular person are not becoming impoverished by them.
You really ticked them off when they fell asleep at the wheel and allowed you to make money hand over fist on Bitcoin this past year.
They had to correct that.
They don’t want you becoming wealthier. Wealthier people become competition to them. Wealthier people might be able to buy back the politicians that they bought off years ago.
What they want are more serfs.
Thus Bitcoin must be destroyed.
They are attempting to accomplish this in three ways. First, by creating what are known as shit coins in order to dilute the power of Bitcoin. Second, by speculating in Bitcoin with high frequency and high volume trading. Third, by sowing the seeds of doubt about Bitcoin and other cryptocurrencies through the main stream media that they control.
In order to combat this, the Bitcoin community must prevent the elites from engaging in high frequency trading. Plus they must yank the rug out from under them in their ability to produce mass panic.
By restricting the opportunities to buy and sell Bitcoin, we can prevent the elites from ruining what is a good idea.
I can assure you the elites will move heaven and earth to destroy Bitcoin as a store of value.
You must come to understand that our elites are not like us, do not think like us, and have no sense of morality or honor.
I know, you don’t like cynicism like that. You prefer to believe that our leaders are good people.
They are not.
The cynicism that I have for our leaders is well deserved.
Jesus is not going to strike you down and kill you if you have cynical thoughts about our leaders.
Jesus was not a stupid guy.
Did Jesus have cynical thoughts about the Sanhedrin?
Yes he did.
Did Martin Luther have cynical thoughts about the Catholic leadership of the day who were selling indulgences and engaging in immoral behavior?
Yes he did.
Our leaders are evil, meaning that they put their own financial interests above our welfare.
To combat that, we must put controls on an idea whose time has come.
To do so, of course, will mean that we will be restricting potential gains for ourselves. If we make Bitcoin less of a speculative investment, then it means that we must forgo becoming the next John D Rockefeller.
We will have to kiss that 500 billion away.
Ditto to the 75,000 acre ranch in Montana.
Double ditto to the 250 million dollar yacht complete with personal helicopter, basketball court and IMAX theater (Daniel Snyder’s yacht has a basketball court and an IMAX theater).
Likewise to the NFL team.
And the private jet.
And the 80,000 square-foot mansion.
Many people may not be able to handle this, but it must be done.
This doesn’t mean that Bitcoin becomes a dead instrument.
It doesn’t mean that we can’t make a little money off Bitcoin.
There’s plenty of money to be made by investing in Bitcoin.
But, the money that we make by investing in Bitcoin after controls are implemented will be honest money.
The money will come to us because we were the early ones who invested in this wonderful idea.
There’s nothing wrong with that.
But that will never happen unless controls are put into place.
There is precedence for this.
It’s called Christianity.
Christianity tempers one’s greed.
It was Christianity that defeated the Roman Empire.
Christianity accomplished what no standing army could do.
The Romans weren’t worried about foreign armies; they were worried about the Christians.
They had a reason to worry.
Christians were renouncing the foundational building block of the Empire: greed.
Christianity freaked the Romans out. They didn’t know what to make of them.
“Who are these people,” the Roman elites asked themselves. “Who doesn’t want to get rich?”
Copyright 2021 Archer Crosley All Rights Reserved