PEOPLE

FehdmanKhassad

backed by gold which had a subjective value, because people thought it did. we could go round in circles forever. It's not my view "it's a good exercise to see how PEOPLE view".

BrotherAmazing

That’s not at all how Blackrock works. Blackrock will offer the “Dogshit Memstock Going to $0 ETF” to its clients who can *choose* to invest *their money* into the ETF and Blackrock will let them do that so long as they make $ off it from the expense ratio. Assets Under Management (AUM) are *OTHER PEOPLE’S* assets, not blackrock’s. They have trillions in AUM but the entire company is values at under $100b because those assets are not theirs.

Agree-Refuse-69

And THIS is how you DESTROY CENTRAL BANK SCAMMERS' holds on your country ​ bravo The government controlled by IMF and CenBanks can LARP all it wants but PEOPLE set the REAL MARKET RATE

Dharma_code

Let's us not forget that all those military men have families in these states, for the military to just go and open fire on it's on civilians means that a lot of them will start turning on their own superiors. idk how people fail to see that WE THE PEOPLE are far stronger then THEM. That's why their goal is to keep us as separated as we are now with fear and hate for one another.

UniqueSample1309

People are donating??? I saw a post about him asking for donations. I didn't bother to check if people were donating because I was confident he wouldn't get any. BUT WOW. PEOPLE ARE DONATING?

MiceAreTiny

>Why doesn’t the lady in the finance department just send the whole bankroll to her personal wallet and GTFO You know,... with fiat, they can do that too... You certainly can force a private key out of her, if the alternative is 20 years in jail for financial fraud and unjust enrichment. You can not enforce on bitcoin, but you can enforce on PEOPLE owning bitcoin.

SleepyBus99

Stock > crypto All the finite supply and decentralised bitcoin arguments fall short when you realise Bitcoin has no actual value, so who cares about any of those points. On the other hand, you have a company which generates business like you said, is run and maintained by PEOPLE to increase the economy, and it pays dividends, etc as well. You're comparing an asset with 0 inherent value against a stock that is an actual business with people fighting to keep it profitable and successful, with real world value

BuGsYq

Why won't they ever listen to the PEOPLE ?!

DingDongWhoDis

>A highly placed source in the Ministry of Finance told ThePrint that the G20 members were close to a consensus on cryptocurrency regulation and all that was remaining was a final approval. So, uh, is this what THE PEOPLE want??

Qptimised

My SSD just died a few days ago due to firmware corruption and I have about 10% chance for data recovery (which is basically very low). Fortunately, I have a physical backup of my seeds. BACKUP YOUR SHIT PEOPLE!

randomFrenchDeadbeat

How is lowering the amount of moons you get from talking shit in the daily would gatekeep new users, seriously XD Lets push it a bit further Then. DONT VOTE FOR THIS, THIS WILL MAKE PEOPLE EAT BABIES.

GordanGarTrail

HOLY HELL PEOPLE. Are you not well read. A homeland security manger said in 2019 that her office and one of her officers went to meet the 4 Satoshis in California. They met them face to face and interviewed them. Homeland knows them. Why are we speculating.

No_Sheepherder_3431

`As someone who loves crypto and wants more than anything to see it succeed I am asking why has this space become over run with greed and lack of empathy?` Because it is seen as an investment as well now, so I won't bother answering something that's easily answerable. In which you're likely asking rhetorically because you already know the answer like most. `Why has number go up become the only thing that matters?` Poor people got in, they see it as their way out, they'd join the people at the top in a heart beat and betray the rest if they could. There isn't much difference at the top and bottom of the food chain. Instead of seeing Crypto as the way forward, it's the only way out in a fast time frame, and to them they don't understand anything beyond the numbers going up or down. See the typical and brazen way most of these people say things like, "don't know shit about shit", etc. They're so willing to admit how absolutely ignorant they are and they upvote each other as some sort of funny movie line (despite being overused, and always said in dozens of threads a day, you're not funny at all). `Why is it laughable to care about the tech?` It's obvious why, they don't want the world to be different. They just want to complain about the way the world is, but again, they'd happily join the people at the top. The tech is just a joke to them because this is the only way to get rich and join those people fast and escape the rat race. `Why has decentralization become a "nice to have" for a system that had the main goal of removing trust and centralization?` Money matters, they believe in compromises so that more people will jump in faster. ***"WE NEED REGULATION IT'S THE ONLY WAY FORWARD TO ADOPTION!"*** (I really want more people buying my tokens so price goes up) ***"PEOPLE LOSING THEIR CRYPTO KEY IS EXACTLY WHY THIS IS A HARD SELL TO AVERAGE FOLK AND WHY NOT EVERYONE CAN SELF CUSTODY"*** `I know these are all very hard questions and I know I will probably get downvoted to fuck for asking them but luckily that is not something that bothers me.` They're not hard questions, they're sort of self answered. And who cares if you get downvoted why mention it? People on reddit are hardly people. They come off as bots more than anything. Most threads have the same unfunny jokes, same rehashed lines, random comments nothing to do with the topic. You get more engaging discussion on 4chan about these sorts of things. `Lastly I would like to ask can we change this? Is it too late? How could we move past this OR cant we and it is all down hill from here?` You can't change the majority. It's too late. More people will jump in each cycle, but it will be less and less people who care about the system, and are looking only to benefit. They'll be redirected into the same scams in this new system that's a hybrid of traditional and new finance. It won't change how the players at the top control things. Most people get money and just end up blowing it anyways, there are biological issues at play that prevent people from being smart with time/money and it's actually really depressing when you research into it.

skyHIGH-1

I can not figure that 3D fake marketing on these ALIPNE PEOPLE

SetoXlll

Listen the fuck up, crypto is meant to be DECENTRALIZED, if it is centralized it has failed. WAKE THE FUCK UP PEOPLE!

MrMogz

Ok, after all the drama in the stock world in the last couple years, I thought everyone left that platform? Now we find out they have bought 3 billion dollars worth of BTC and are apparently thriving more than ever. That means, people are still using them, WHO ARE THESE PEOPLE?!

realt4real

You should really try to learn more about bitcoin and why the price moves up and down for what reasons. Nobody can predict the future and different people have different reasons and believes about investing. Don't take advise blindly but try to learn and understand it yourself. You're the one responsible for your money, investments and actions. Having the intention to make money fast is not a good way to look at bitcoin. You can also lose money fast! You'll be more likely to gamble or trade with leverage or money you can't afford to lose. Play it safe instead, especially when you're starting out. AND DON'T GET SCAMMED BY STRANGERS ON THE INTERNET. PEOPLE WILL TRY TO TRICK YOU IN YOUR DM'S!!! DON'T TRUST STRANGERS WITH BIG SMILES.

Tasigur1

DON't SHOUT OR OTHER PEOPLE WILL FREAK OUT

Newspaper-Loose

PEOPLE need to remember and understand 2021 was tesla triggered and snowball effect. Trust in this industry is shattered for a long time. Wake up.

_og_kush

Every dumbass scamming DM I’ve ever got - “you have problems? You need to validate your wallet with trust wallet” This is why “trust wallet” is SO FUCKIN SHADY LIKE PEOPLE WTF STOP USING THAT GARBAGE 🫣

Mxteyy

So some cartoon monkey pictures really weren’t worth 1000s of dollars I’m shocked ANYBODY COULDVE FELL FOR THIS… SOMEBODY ANYBODY HELP THESE PEOPLE

AloofJuice

Just to put it into perspective: The top 0.1% of the wealth and power class have horded the world's resources and done absolutely nothing of significance to bring people out of poverty and advance humanity in a noble direction. Poverty being the breeding ground of most of the world's problems, if we solved that alone we would take a giant leap forward, far beyond the laughably lop-sided imbalance we deal with today. **YET THAT SAME WEALTH AND POWER CLASS STILL INSIST THAT WHAT TRULY PLAGUES OUR SOCIETIES IS POOR PEOPLE HAVING TOO MANY RIGHTS** And people fall for it, over and over and over again...

DonerTheBonerDonor

Why the hell does everyone say that this is a scam, that people will get rugpulled and whatnot? This is just a memecoin that people themselves have hyped up. This is in no way a scam and if people lose their money that's on them. Whoever seriously believes that crypto is all about "utility" is just stupid. It's all about names and making money, and if people notice that a coin with such a funny name pumps then OF COURSE MORE PEOPLE WILL INVEST. But that's not the creators fault, it's the investors. Jeez.

_og_kush

HOW DO PEOPLE STILL USE COINBASE AND NOT ADVANCED TRADE😩 lol like wtfffff you people are insane do your research 🫣🫣🫣

Umpire_State_Bldg

Then: **WARNING**: DO NOT STORE BITCOIN ON OTHER PEOPLE'S EQUIPMENT. *Not your keys, not your Bitcoin.*

BaldEagle_2

Media: Crypto is used by criminals and is a ponzi Virgin Bitcoiners: SHUT UP THATS NOT TRUE😭 YOU CAN BUY PIZZA WITH BITCOIN REGULAR PEOPLE ARE GONNA ADOPT IT ANY DAY NOW😭😫 Uber chad Monero Bro: Joined the Colonbine Crime Family at age 5, carried out 10 hits before the age 12, and supplied guns and drugs for the Juarez cartel. When in his 20s, ran 5 Ponzi schemes. Bernie Madoff working for him in one of them. Is wanted in 14 countries. Has 3 interpol red notice out for him . His list of crimes is longer than Biden’s age. Did all 360 degrees of murder. Funded a civil war in Nigeria. Last time he tried to take a plane, police stopped him saying he was wanted for crimes against humanity. The policemen met their maker that day. Now runs a webcam business on the dark net using young girls he trafficked from third world nations.

RookCustodian

MAKE SURE NOT TO ANSWER DMs FROM PEOPLE THAT CLAIM TO BE OR KNOW CRYPTO RECOVERY EXPERTS. THEY'RE SCUMBAG SCAMMERS AND DESERVE PRISON TIME JUST AS THIS PERSON.

buyhighselllowcrypto

Yeah we know the PEOPLE of China love crypto but it's their government stopping mass adoption over there from happening

Obsidianram

This is classic "Mad Maxine" Waters in all her glory...and typical tantrum throwing Democrat incapable of putting THE PEOPLE first. At a minimum, she should be censured and really should be removed from Congress, post-haste. She has, once again, put on full display a total lack of integrity, honesty, professionalism, ethical behavior and candor. In short, she has violated every rule and statute of behavior and responsibility expected of an elected member of Congress...

12161986

… I wonder what metric was used to determine the order and place of importance. Hey, wait a minute…. **WHAT THE FUCK ARE PEOPLE DOING FUCKING WITH TRON?!?!?**

drewsterkz

Homes, I ONLY RESPONDED TO ANY OF THIS BECAUSE PEOPLE SAY HES A FUCK, FOR HIS BTC BELIEFS. I don't care that you were mistakenly responding to the wrong thread. Personally I find that if you're willing to trash randomly, seemingly now without purpose, then it is you who is spreading bs. Like how did you say earlier, that I didn't even listen to your comments. YOU DIDNT KNOW WHAT OR WHO YOU WERE TALKING TO. but, you want people to take vague comments like yours seriously in this 'public space'. People say the internet is the new town square. BULL SHIT. AI is advancing to the point where I'm honestly wondering how many of these vague UNTHOUGHTFUL comments are simply running an evolving protocol meant to dismantle the last remnants of public discourse in order to usher in totalitarian control. And if you're real, and you're adding to that, thinking you're doing some kind of misguided good, by showing your bias but not explaining where you derived it from. Then YOU, are misguiding others into a hellish totalitarian rule, I find it disgusting. All I asked is why rfk's opinion on btc is bad. If you can't answer that, after claiming hes a fuck, then you need to learn how to think, or at least express your thoughts.

drewsterkz

Hey I appreciate the honest opinion. These vaccines in the early days, they had problems, no? Well I don't care if you can't draw conclusions. There is a large portion of people who were killed by a faulty vaccine, no? I don't understand where the age or, how early. That is a huge problem people. The companies cannot be held liable by the families of the people that died. Now, I know that wasn't you that died, you may not have gotten the vaccine at all anyway, like me. But if you're going to straightface tell me those people, who were offered a 'safe and effective' experimental medicine, are not worth caring about because 1 (old), 2 (early in pandemic), then I think your a psycho. It doesn't matter! I feel like your position is awfully cold.. You're like, "what? That was like a trial, trial". No, PEOPLE GOT KILLED, and there shall be answers.

SearsTower28

Number of wallets doesn't mean number of people. A person or institution can own multiple wallets. As far as how many PEOPLE, I estimate it to be less than 100,000. Only a very small percentage of people even own BTC, and even less will have \~$30,000+ USD locked up in it. $30,000+ is A LOT of money to a lot of people when most people in the US can't even afford a $400 emergency.

HesitantInvestor0

This line of thinking is so pervasive and so incredibly wrong. When everyone expects something, it generally DOES happen. You're just not paying close attention. It's like the stock market right now. Everyone is saying "PEOPLE ARE SO BEARISH, RECESSION WON'T HAPPEN". Well, then how do we explain this rally? People are clearly not very bearish as a whole, and that's why we've got this rally. It does mean that if things turn south, they have a lot farther to fall, but your logic is skewed and blind.

pigeonwiggle

you know exactly why he's getting shit on. A, he's asking a critical question of the precious PEOPLE'S COIN - which can do no wrong in the eyes of the people! this is law! /bitcoin! B, he's providing counter-arguments to the simple answers of "borrow some and pay back more. duh" in the form of some interesting questions about the concerns of inflationary currencies used in such a manner.

InternationalTwo5255

Here’s a step-by-step process to quite conclusively prove that the vast majority of Bitcoin holders are quite conclusively in profit. 1. Carefully adjust your Bitcoin chart to the “10 year” time frame. 2. Observe that (for the vast majority of the time) Bitcoins current price is lower than the price of Bitcoin today. 3. With your high-level analysis now complete, you can quite conclusively assume that the vast majority of those who ever purchased Bitcoin must have purchased it below today’s price and thus have profited quite conclusively. Some takeaways: 1. Remember to always purchase your Bitcoin below whatever the current price is to ensure that you will remain among the majority of highly profitable Bitcoin holders. 2. DO NOT USE A TWO YEAR TIME FRAME BECAUSE THERES NOTHING TO SEE THERE AND BESIDES VERY FEW PEOPLE BOUGHT BITCOIN AT THAT TIME EXCEPT FOR A MICROSCOPIC MINORITY OF EXTREMELY DUMB LOSERS.

FastEddyToronto

SO Silly l old people actually think that's Money when it has none of the Functions GODS Money has. Man & His Toil keep it up Father GOD ❤️ the Competition. BtC still has thousands of years to prove its worth. On the other hand Father GODS Money has done that already . The Crypt is Ready for burial ⚰️ means Crypto doesn't that scare y'all out of your pants Doesn't it make you shit yourself knowing that if You can't LOG On Your F'ed ? Cold storage or not Better be Good and lick boots or You can't LOG On. STUPID PEOPLE have No clue what Mkney is how embarrassing

GardenofSalvation

Nuclear weapons have had ranges that can reach literally the entire globe for decades now, back during the Cuban missile crisis it was a problem because both sides had far more accurate intermediate range missile systems which is no longer the case, secondly as someone else pointed out the baltics are far closer, thirdly russia invaded ukriane back in 2014 which predates nato support and would also guarantee that ukraine can't join nato (which funnily enough will likely be fast tracked after), fourthly why does Russia fear of being invaded and encircled count as a good reason to invade another country but ukraine litteraly being invaded by Russia in 2014 is not a good enough reason for them to be allowed to seek out foreign guarantees of their independence, why do all the Russia supporters place Russias right to not feel threatened above literally any other nation. Lastly I'm not sure why I'm even having this debate because it's over who's side is worse when one side has LITERALLY INVADED AND OCCUPIED INTERNATIONALLY RECOGNISED BORDERS TWICE AT THIS POINT HOW MANY TIMES DO THEY HAVE TO INVADE UKRAINE BEFORE YOU PEOPLE START TO SEE THAT MAYBE THEY ARE JUST IN IT TO GAIN LAND, like seriously from all the shit we can see its so blatantly obvious that A) they wanted sevastapol as a black sea port and B) they later wanted a land bridge to said port, this isn't even up for debate just look at the map of occupied territories for God sake.

StrangeRun5537

Their discord is a laugh. I mentioned something in passing about how stablecoins are useful and some idiot jumped on me demanding I explain what's good about them and wouldn't leave me alone lmao. I'm 100% only in it for the money, and don't care about crypto either way. I tried to explain this, but he was having none of it, and demanded I explain in great detail about why stablecoins are good. WHY WOULD SOMEONE IN CRYPTO FOR THE MONEY EVEN LOOK INTO STABLECOINS? THEIR PRICES DON'T MOVE, THERE'S NO PROFIT IN THEM! I JUST KNOW THEY'RE BACKED BY A FIAT CURRENCY AND PEOPLE ACTUALLY USE THEM! He knows best about these things though, he's doing a DOUBLE degree in economics and something else. Imagine that, not even a qualified economist and thinks he is an expert! Hopefully he' still in his first year and hasn't grown out of his "I'M DOING A DEGREE I'M THE SMARTEST" phase. He has a bright future writing for The Guardian, I'm sure. Needless to say, I got banned. Apparently disagreeing with them makes your personality "abrasive".

supersmoked420

WE NEED BANKS PEOPLE!!! Else who's gonna cash us out when the time comes. Unless bitcoin becomes the dominant entity for all transactions. I'm in my 50's, probably not in my lifetime. I'm down though, if it does. 🤑

DesignerAccount

>Do you mean that someone outside the circle of core developers came up with this proposal and the core developers did not approve it, but then it was added somehow, the rest is history... What happened then? How did the PEOPLE force the hand of the core developers to add it regardless of not wanting to in the first place? > >Can you please elaborate and display once more my ignorance of Bitcoin history? Can you explain it like im an ignorant 8 year old? Or at the very least add some url that explains this further You are starting to get it. Maybe. You can do your own research.

min11benja

Do you mean that someone outside the circle of core developers came up with this proposal and the core developers did not approve it, but then it was added somehow, the rest is history... What happened then? How did the PEOPLE force the hand of the core developers to add it regardless of not wanting to in the first place? Can you please elaborate and display once more my ignorance of Bitcoin history? Can you explain it like im an ignorant 8 year old? Or at the very least add some url that explains this further

Giga79

You can use your own hardware, even email addresses iirc. An old phone, your desktop computer, the wallet's customer support *if you feel like it*, your MFA secured email account, and your new phone - 3/5 MFA. I have a similiar setup using all hardware (hardware wallets, phones, computer, you can use yubikeys too I think). Set up that way if one or two devices break it is no problem, and even if there's a fire as long as you have your phone on you (which can MFA into your email) by getting customer support to sign 1/5 you can still recover your smart wallet. There are tradeoffs any way you design your multisig, but imo they're all better than not having redundancies at all. I don't think I could find 2/3 or 3/5, 5/9, etc. PEOPLE that I could trust enough for this role, especially not family or friends (*maybe* a bank or a lawyer), but I sure do have a lot of ejunk that's otherwise not being used.

zesushv

"I am backed by TRUST, SECURITY and the PEOPLE"

Ninjanoel

I don't promote cryptocurrencies to people I meet in real life because of the volatility, but that is also an indication of it's strength as an investment strangely enough. I view it like this, cryptocurrencies are a tiny pool, each time an ocean whale (because in comparison crypto is a residential pool compared to an ocean) take a swim, the water level in the pool (ie price) goes all over the place, as you'd expect. Always remember when cryptocurrency stop being so volatile, they've essentially won. How much money has to flow to move the euro a few cents against the dollar? Bitcoin and other cryptocurrencies will be the same one day. Also, SOME PEOPLE hate cryptocurrency, I still meet people that have never heard the word "bitcoin" before, so vastly more are just indifferent.

CryptoBombastic

NOOOO, DON’T SCAM ME FROM THE PEOPLE I’M SCAMMING!!!! -Bitboy

plutokingme

Fr, was reading earlier some dude lost 10k or 20k on coinbase… PUT YOUR SHIT IN A WALLET PEOPLE !

ROBINHOODEATADIK

So… ETH MAX but not ETH …. Yeah when are the people gonna realize this is all just a tyrannical attempt to prevent the average everyday Americans from achieving success or financial independence!!!??? They didn’t even care about crypto until they saw the PLEEB’s joining their little club …!!! Then when they saw it could help lift the commoners off dependence on their meager handouts which threatened their control over them … suddenly it’s ‘ we have to shut down the threat to avg investors ‘ …. FUCK THAT !! If they truly cared about ‘threat to avg investors ‘ they’d do something to stop the hedge funds from BORROWING SHARES FROM THOSE PEOPLE TO SHORT THEM AND TANK THEIR VALUE !!! FUCK GARY GENSLER FUCK JANET YELLEN FUCK THE FED FUCK THE SEC !!!!

pixieshit

ALRIGHT I'M POSTING HERE AGAIN SO PEOPLE WILL PLAY MY DAMN GAME My name is kari lilt. I'm a surrealist watercolourist from Sydney australia. A few years ago I thought about making a puzzle game on my site where the winner wins 1 ethereum. I worked on it for months and I've finally finished it, not sure where to post it! I swear it's not a scam lol it's just a labour of love! You def don't need to connect your wallet or anything - I don't know how to code, don't know anything about that. If you're worried you can play it on a spare laptop or computer that isn't linked to any metamask wallets or anything. Tha game is on my website - www.karililt.com The password is "dao". A few considerations: \+ Only works on desktop. \+ There can only be 1 winner pretty much \+ You may cheat, but you won't necessarily solve it faster, and it's much more fun to play fair. \+ I'm not really gaining anything from this game in terms of money. In fact I'll be losing 1 eth and have already lost like hundreds of hours of my time making it. But I loved every second of making it! \+ If you find any glitches / malfunctions please DM me so I can fix it. Some preliminary clues- talk to everyone in the game. They will help, even if they seem reluctant. always follow the white rabbit ;) don't forget to save kari. People keep forgetting You may also DM me or message my site chatbot for clues if you're stuck!

StockTrix

6. Be Cautious of Torrent and Pirate/Crack Sites: Avoid downloading cryptocurrency-related software, wallets, # YOWSERS - DO PEOPLE REALLY DO THIS?

LifeReboot___

No, unless there's a REAL SAFE WAY TO LET AVERAGE PEOPLE STORE THEIR CRYPTO THAT REQUIRES NO TRUST.

CacheValue

Okay but also - people have sent etransfers and had OTHER PEOPLE claim them and then the bank is just like; well etransfers arent really secure https://www.cbc.ca/news/gopublic/etransfer-fraud-pandemic-1.5889910 Bank just said; sorry yoyr moneys gone and we cant retrieve it. They didnt send it to the wrong place, someone else redirected it from the network AFTER it was sent correctly.

skyHIGH-1

Even if ledger was open source, I would never know how to read the code and begin to understand it. I would still have to put my faith TRUST on the community/white hat subject matter experts for guidance. Remember “ WE THE PEOPLE “. have the absolute POWER to always do by what is right.

M1K3_B13N

IVE BEEN WAITING FOR SOMEONE TO POST THIS are u following their bullshit on twitter?! WHAT THE HELL HOW DO PEOPLE DO THIS AND SLEEP AT NIGHT and they are like "dont worry its gonna fall thats where the loyals stand!" yo fuck these guys with a bent-ass rusty pipe.

Impressive-Key938

GET UR DAD TO STOP CONTACTING THESE PEOPLE IMMEDIATELY GET A NEW BANK ACCOUNT NOW It is so unfortunate this is the world we are in right now.

JustHereForTheBacon

And yet it's glaringly obvious the the banks get a pass for the most part. The fact that the CEO doesn't go to prison when his company steals over a billion dollars from people is sickening. ***Even NPR*** describes it as Wells Fargo "***wrongfully repossessing" peoples' cars***, and Wells Fargo's actions resulting in people "***wrongfully losing their homes***". ***EVEN NPR***, the bastion of liberal news, according to many, doesn't call it ***"stealing peoples' cars"*** and ***"stealing peoples' homes" through fraud and deceit.*** It's just more mealy-mouthed indirect language to paint the rich in a better light. It's so subtle if you don't know what you're reading. Saying "It resulted in people having x done" AND not "WELLS FARGO FUCKING DID X TO ACTUAL REAL PEOPLE, WHICH NO DOUBT STARTED A CHAIN REACTION FOR MANY OF THEM AND DESTROYED THEIR LIVES" is how you downplay ***massive*** corruption and crime to the public. Lock these motherfuckers UP. Jesus fucking christ what a corrupt third world country America is.

godofleet

>All media is owned by 6 huge corporations. If we stop inflationary monetary policy will things fix itself? Absolutely not that is ridiculous they have control over everything still. On the contrary, these companies exist primarily because of inflationary monetary policies, the Cantillion Effect and endless inflationary fiscal policies that subsidies/bailout them out at the expense of the taxpayer (both in terms of greater tax burdens AND inflation/CoL) >But monetary policy is one of the things workers could fix if we had control over the economy. Wouldn't we all vote to stop the fleecing of our money? Vote to stop banks from doing all this sketchy shit, etc. On the contrary x2, that's exactly the system MOST people (literally, /r/economics) claim we have now... and we / our representation perpetually votes to continue the fleecing... to continue inflationary monetary and fiscal policies ... to continue rewriting CPI rules... to continue bullshitting labor statistics... to continue manipulating the masses via those 6 corps... Reality is, what you're suggesting is that "the people" should have democratic control over the monetary supply - but what look at examples of human-trust-based money throughout history... time and time again people have demanded this from their leaders / governments and time and time again those leaders are corrupted/replaced/exploited/manipulated you name it... individual PEOPLE or centralized groups of people cannot do this job because they have term limits, they get sick, they die, and most importantly because they are human... corruptible/corrupted. No one can 100% trust the dollar or even count how many truly exist globally. What kinda money is that? What kind of money could that ever be? Given the history of money it's clear to me that we cannot rely on humans or groups of humans to seamlessly and effectively orchestrate money for billions of people over hundreds / thousands of years without ANY inherit corruption or centralized control ... Fiats and even gold/silver backed monies ALWAYS require trust in various people/institutions. HOWEVER, any/all people can orchestrate an inclusive, pseudonymous, global, proof-of-work backed, fixed supply/issuance monetary system via the Bitcoin network - it involves no human trust and is constantly and entirely verified... It is the ultimate form of democratic control over the monetary system... It works for, not just one country or ethnicity or culture... but ALL people... >Yes we are all workers and should be class conscious. But those in economics subreddit are not and your comment shows you may not be either. Respectfully, I'm just suggesting that everyone should continue learning what Bitcoin is... regardless of their current economic class or what subreddits they follow. IDGAF if they don't agree or understand yet, the onus is on them to learn about this new alternative to money as we know it... it's a complete paradigm shift but it's necessary if we intend to exist \[and prosper\] sustainably as a species long term. You can't quantify the true value of anything or \[for example\] solve climate change from a perpetually manipulated trust-based monetary systems designed for infinite growth on a planet with finite resources and time.

vag_stephanou

If this isn't 100% confirmed, then it's just fud and not helping at all. If it's confirmed it's COME ON PEOPLE FIRST EXCHANGES RIPPING US OFF NOW COLD WALLETS NOT SAFE! seriously, this isn't how mass adoption will come

SkuniMasterMind

"HAVE FUN STAYING POOR? THOSE SOUND LIKE POOR PEOPLE PROBLEMS!!" Kwon was acting like he wasnt gonna be on Global run from police and regulating bodies for next several years :D

Seddy01

Considering less than 5% of the world are in crypto, we are early! HODL PEOPLE!

clgfangoneawry

I don’t want to argue politics but I disagree that this coin will disappear. Blockchain is the technology to make something never disappear and anybody who wants to have it(the same as like having a copy of a painting or something) they can get some digital Pepe. I doubt that “hundreds” of cryptos will be the only ones left in the future because essentially the possibilities aren’t even obvious and people accept nft’s but they don’t accept the possibility of there being more meme coins surviving through the future than legit coins. People need to stop thinking of crypto as just money. If shiba can pop up solely cause of doge than Pepe may end up being just as big. AND DONT FORGET PEOPLE WERE ASSOCIATING DOGE WITH THE ALT RIGHT EARLY ON TOO BECAUSE OF ELONS PRAISE OF IT. TWITTER WAS THOUGHT TO BE ALT RIGHT AS SOON AS IT WAS BOUGHT BY ELON EVEN BEFORE THEY MADE A SINGLE CHANGE TO ANYTHING. This is about control let’s be honest. It’s not about social justice or ethics. If doge was alt right than all meme coins are alt right.

Rice-Fragrant

The government will just LIE on their accounting on how much gold they have to back their paper money with… or how much gold they have stored up. EVERY SINGLE GOVERNMENT HAS LIED TO THEIR PEOPLE on how much gold they had to back their paper money with… there has never been a case where the government was honest… that’s why gold standards fail, because it’s based 100% on trust… bitcoin is trustless.

Mothrahlurker

>You keep dodging the problem. Every single time. You keep arguing as if the hypothetical that was posted doesn't exist. Let's get completely extreme. Assume that for 100$ you could buy every resource necessary to perform a 51% attack, why would you not do it? > You keep returning to 'if I run fast enough I can run into the Pentagon' by saying 'all you need is hashrate over 51%'. Your analogy is stupid. If you have 51% of hashrate you have succeeded. Name a single thing that is stopping you once you have reached 51% of hashrate? You can not. >You know, if every miner in the world colludes they can actually do a 100% attack. Censor every transaction. Why is it not a matter of all miners saying: 'let's send out an email to all miners, pick a time, short the market and press go'? I already answered that, it's too large of a group of people. You can not "send an email out to all miners", that is not realistic. But if the resources to get to 51% hashrate are affordable, you don't need to do that, you can just do it as a single person. Which is why it's impossible for bitcoin to have low resource consumption and be secure, this is easy enough for a child to understand. >You can no longer dodge the question you keep dodging. Here it is: what are some reasons why miners are not colluding to attack bitcoin? How often do I have to repeat myself? This is completely irrelevant. This is a scenario THAT DOES NOT MATTER. The scenario that matters is the one we assume in the claim, that a HANDFUL OF PEOPLE ONLY needs to collude. >Think about it long and hard, think game theory, think incentivisation. Average pseudo-intellectual trying to sound smart sentence.

jt7855

Sherman is a banking paid for idiot. BTC isn’t a brand like coca-cola. BTC is a digital money that is mined and has a finite supply. Coke is a trademark of a soft drink company. Not wrong about pricing. In a free market buyer and sellers agree on pricing. Whatever that price is. Coke is not money. Coke doesn’t have the lightning network. Nor does Coke have side chains. Coke is not a cryptocurrency. Coca-Cola is not used as a medium of exchange or store of value. The USD is a fiat currency with an infinite supply. The backing of the fiat dollar as you isn’t backed by anything. BTC is backed by a secure network of decentralized miners. The dollar isn’t backed by anything except the Bretton Woods agreement and government force based in legal tender laws. Btw, the reserve status is falling apart because the government removed the USD from the gold standard, then decided to weaponize the dollar and printed too much. The whole idea of BTC and crypto is to NOT need laws to enforce usage. Sound money doesn’t need legal tender laws. So, I like the fiat USD, BTC can be easily traded and used as a medium of exchange without government threatening PEOPLE with loss of freedom for not obeying.

nottalobsta

“Good family people” Hahahaha Holy shit dude. You don’t even know what being trans means. You think it’s just about wearing panties? Do you know a trans person? So it’s okay for a men to where a dress but only in their homes. THATS FACIST YOU FUCKING DIPSHIT. YOU ARE CONTROLLING WHAT PEOPLE DO IN PUBLIC BECAUSE YOU DONT LIKE IT. You are a fucking lost cause.

Treckhide

PEOPLE C'MON!! This is bad for crypto. The rug pull is going to be nothing we have ever seen before.

SpaceFaceMistake

Honestly I do both. So I have a very diversified portfolio. Also on multiple CHAINS and this wallets to also SECURE funds if ONE wallet or app is hacked or leaked or phished etc I won’t loose ALL my crypto. I know NEW ALT COINS are risky I think MANY ARE more pump dump.. but that’s BECAUSE OF THE PEOPLE Not the COIN… the people want fast money and people who are are loose it for those to gain it who are in large groups or and of large $$$ crypto traders who can MAKE markets MOVE because they can drop $100-$1m+ on one market and it will grow 70% or whatever especially VERY NEW coins like those on Coinbase are OK BUT NOT THE trial coins DONT INVEST in them. The ugh experimental assets.. THEN THERE IS poo coin or even uniswap that have really poor coins or tokens for trade that make people rich if they short or long at leverage at right time.. like any market. Also do you want to TRADE frequently? Or want to HOLD longer term?? As this determine how many stocks you should have … if trading less I’d holding more. Atleast most cases it’s like that. Hope this helped just one person 😚🤟

MaceInYerFace

Crypto is not really decentralized. Look at this company -> [https://a16zcrypto.com/portfolio/](https://a16zcrypto.com/portfolio/) They fucking have their hands in everything. It's not a conspiracy theory, sans a few things, mostly everything is backed by VC funds. All of your favorite influencers fall in line because THEY ARE PAID BY THE SAME PEOPLE.

void_evilness

Corrupt “PEOPLE” are the problem, even in the crypto space

n1ghsthade

Tldr : WE AREN'T NORMAL PEOPLE HERE

Numerous-Kitchen-774

wow thanks computer. Obvious ChatGPT, no shame. THINK FOR YOURSELF PEOPLE.

FattestLion

Just google "PonziCoin", it will blow your mind. The FAQ section for the coin back then actually stated: >Q: THIS SEEMS TO BE TOO GOOD TO BE TRUE, HOW AM I GETTING SCREWED? A: IT’S A LITERAL PYRAMID SCHEME. YOU ARE FAIRLY LIKELY TO BE ONE OF THE LAST PEOPLE TO BUY PONZICOINS, SO ANOTHER 100 TOKENS PROBABLY WILL NOT BE SOLD AND THE PRICE MAY NOT EVER DOUBLE AGAIN, IN WHICH CASE YOU COULD LOSE UP TO 75% OF YOUR INVESTMENT. THERE’S ALSO A CHANCE THE CONTRACT RUNS OUT OF MONEY OR GETS HACKED IN WHICH CASE YOU COULD LOSE ALL OF YOUR INVESTMENT. ​ The creator made it to prove people never learn, and even had warnings on the website that it is literally a ponzi scheme, and people STILL INVESTED. ​ >Now here’s the major news; People actually invested in the Ponzi scheme. Maybe with the hopes of being the early investors and cashing out before everything collapses. After around 8 hours, PonziCoin had attracted attention and the platform had collected around 250 Ether coins ( valued at more than $250,000). The info is from a 2018 article. Can google "Developer Shuts Down Fake Cryptocurrency PonziCoin after Things Go “Crazy Out of Hand” and the website is techweez. (Don't want to post links in the comments).

Trudahamzik

TIME TO STACK THOSE SATS PEOPLE I would recommend getting BTC-only specific hardware wallets to store your BTC e.g Keystone Pro, Foundation device

ilikeowlz

No it’s not.. IT GETS THE PEOPLE GOING.

ChaoticNeutralNephew

I read a book about a guy in a French penal volony in the 30's. Everybody had a tube in their rectum with their stash in it. Dudes would CUT PEOPLE OPEN to steal the stash.

EpicHasAIDS

Genius. I didn't move goal posts. I didn't change anything. Here is my original argument, which for the idiots in the room is bolded at the beginning of my response : ***It's also money that is virtually useless on a day to day basis in the vast majority of countries.*** *Your crypto is currently only useful if you can convert it to FIAT.* Here is my argument in the second response, which is also bolded to help people with low IQ : ***Most people in most places can't live by spending crypto alone. The vast majority of human beings on the planet would die without access to FIAT.*** Perhaps you can find someone capable of reading to explain to you that those are the same arguments. Furthermore, only a complete moron would think you can do more in the world with $2000 in BTC than you can with $2000 USD. Again, whether you like it or not, in most places in the world crypto only has value because you can convert it to crypto. I sincerely don't give a fuck about your experience in Italy. It means nothing. However **FACTUALLY** MOST FUCKING PEOPLE IN MOST FUCKING PLACES CAN'T SPEND BITCOIN but they can spend USD. That was, and remains, my point. Regardless of what happened in Italy because it's irrelevant to the world (which is larger than Italy).

mishaog

Amazing that no one read the post and and answering as if it was "could we trust FTX again?" when in reality is talking about the 7.3b fund recover and how much is that real. COME ON PEOPLE IF YOU WANT TO FARM MOONS AT LEAST READ PAST THE TITLE!

Rice-Fragrant

I got out of fiat debt and #GETONZERO FIAT almost 2 years now. I am very frugal and mostly a minimalist… bitcoin is MY MONEY and I no longer consider it “an investment.” Fiat is UNETHICAL MONEY and is proped up with war and violence…. Bitcoin is ETHICAL MONEY as is for ALL PEOPLE. I don’t buy bitcoin because I get payed with bitcoin… Cashapp has direct deposits from your employer in bitcoin as an option… A majority of my direct deposit is in bitcoin and the smaller percentage is in fiat for daily expenses… I keep a credit card for bills and each week I pay it off with a debt card… anything left over is covertrd into bitcoin. The only reason I haven’t dumped my Roth 401k is because my company matches 1/2 up to a certain percentage of gross income and I keep it around in case I want to take out a loan in case of emergencies… the interest is payed back to myself but it as “investment” has been WAY UNDERPERFORMED compared to bitcoin, even in a down market.

Limp-Crab8542

ALL OF YOU PEOPLE are the ones fueling this garbage. Don’t single out Do Kwon like he operated in a vacuum. When you resist attempts at transparency and proper regulation of crypto, scams run rampant. And the reason you resist this is because you know there is no real value in crypto and the price will plummet if that were to happen. You enable scams like Luna and FTX and you incentivize degenerate behavior. You can’t keep burying your head in the sand about why every year there’s some major financial meltdown in crypto that only happens about every decade in fiat.

Jpotter145

My neighbor is an elderly lady and spends most of her free time either watching baseball or surfing the internet. She knows I work in IT so one day while we were talking she mentioned a threatening e-mail she received - it was literally one of these above where they said they recorded her watching porn and were going to distribute it. She swore she didn't but was worried they were recording her anyway and if it was true. I told her the mail was a scam and to ignore anything like that. She felt better, and I was happy I helped the lady not fall for it. Months later she got a new laptop and didn't want to pay Best Buy Geek squad to migrate her content to the new one. So she asked me to do it for a 6-pack of beer. "Sure thing! Six pack is not necessary" I said and took the new/old laptop home to copy things over. Well.... when I opened that picture folder was I shocked. All kind of downloaded porn videos.... lmao. I was like OOOOKaaay, so that is why you were so concerned about the mail - BECAUASE YOU ARE A DIRTLY OLD LADY DOWNLOADING SOME KINDS OF FIERCE NASTY AMATURE OLD PEOPLE PORN. Like damn lady, that was some nasty shit. I still lmao now when I read or hear about these mails as it reminds me of that dirty old lady.