Bitcoin
-
OMG! Others Can See My Bitcoin Transactions! SFW!
OMG, Bitcoin doesn’t have privacy! Quick, ring the fire bell! Lack of privacy is the latest broadside attack against Bitcoin. Moment of Awareness Statement: I think the government and the criminal elite do understand why regular people desire Bitcoin. I think the rich who have hijacked our government do understand why regular people desire Bitcoin.…
-
Charlie’s Looking Out For Us
Here’s another laugher. Guy Spier, one of Warren Buffet and Charlie Munger’s puppets and mouthpieces, has rushed to the defense of Charlie Munger. Here it is, right here. He says that Charlie Munger did small investors a favor by calling Bitcoin “rat poison” back in 2013. He was looking out for us, you see. Charlie…
-
A Wolf in Sheep’s Clothing
Hey, Bitcoiners, do you trust Michael Saylor of Microstrategy? Michael Saylor is the founder and head of Microstrategy. He is also a big proponent of Bitcoin. Now, he came to the game a bit late, but he is still a big player in Bitcoin. So do you trust him? I don’t. I don’t trust him…
-
Unsound Advice
Honestly, where do these leaders of cryptocurrency get their education? Jesse Powell of Kraken, he’s the CEO, says that the dollar is going to zero. Therefore he urges us to stock up on milk and gasoline. He also tells us to go out and borrow money, presumably because money will be worthless in the coming…
-
The Harlequin in the Corner
The latest laugher on Bitcoin comes from the Bank of England. I’m going to print two excerpts first, then comment. “The market capitalisation of crypto assets has grown tenfold since early 2020 to about $2.6tn, representing about 1% of global financial assets. About 0.1% of UK households’ wealth is in Bitcoin and similar crypto assets,…
-
Reforming Bitcoin
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…
-
Why Bitcoin Crashed
Do you understand why Bitcoin has crashed and why it is where it is? Do you understand why Bitcoin may go down a bit further? It’s important that you do, because having this information will enable you to fully understand our elites and what kind of people they are. Pollyannas go no further. It is…