USA

archowup

Yes there were problems. The USA in the late 19th century for example.

Large_Ad1151

Yes exactly. If USA goes to recession it will whole world follow. It's everything connected. Im from Europe and I don't understand why so many people here want USA collapse. It will often hit the poorest countries much harder.

Potential_Duty9709

I’m buying on the dip as usual . Most of the sell off is coming from more and more people being laid off and whom didn’t have the money to be investing in money because once a rainy day came they had not the money to afford a umbrella so now they have to sell their Bitcoin to get one . I’m still to my DCA Moto, once USA government reopens bulls all day

DA2710

Have taken loans from Arch: incredible customer service and support. Custody with a real bank in the USA. Rates… high 11.5 for bigger loans and higher for smaller. About as “safe” as it gets. A little slow as everything is ultimately blessed by a person before it goes through. Strike: very easy to use. Rates around 11.5 to 12 no complaints have a few with them Lava: just used the LOC. 5+2 rate. Incredibly easy to use and dollars available immediately. Custody… a bit opaque

LSeww

Oh so you think that in Evil USA they would collect something like 1-2k taxes in this case? And you felt the need to correct me on that? Piss off.

Proof-Elephant-4611

You obviously don't like being corrected and like to think you know it all. Nobody knows everything. Here's something to consider, Canada, USA and western Europe make up only at best 8% of the entire world's population, while China and India make up about 35%. You claim you didn't read what else I wrote about RWAs, adoption and incoming regulations which will allow more government and institutional investing. Trillions and trillions are coming. The current crypto market cap is equal in value to only ONE stock now and that stock isn't even the most valuable. Lol. TL;DR You should be more willing to learn about things you don't know, especially when posting on social media.

GrumpyScroogy

Cute and horribly wrong. Its recession time now for USA and crypto will once again go -80%. Tech/AI - 60%

diradder

> robbing investors blind through his family's crypto ventures, rugpulls and scams. I hate Trump as much as you probably, but people who voluntarily enter these scams get no sympathy from me (the gamblers and the cultists). The real issue with these tokens is that they serve Trump and his crime family to get donations/campaign contributions/pay-for-play (in other words bribes) from all around the world, in clear breach of the Constitution regarding foreign influences. Trump runs the most corrupt administration that ever existed in the USA.

Effective-Simple9420

The UK? king George? We are the great USA, the worlds richest country that everyone must worship, including you red coats. We created all our political institutions from scratch and have the best government in the world under our Fuehrer Trump.

WorkN-2play

Right, my question too!! Its totally possible if Trumps sons start loosing big on their crypto ventures all of a sudden Trump will say "USA now will buy 1 million BTC It is a good deal!!" Lol.... then boom 💥 crypto euphoria but 2025 was a waste of a year for me 😆 all gains given back right now....

InsightKnite

Maybe if USA did not talk shit about international entities on public television then you won't need all of this "security" that is talked about daily? State taxes can exist without PAYING the government servants a salary larger than the average american. and yes ... the original design it was your neighbor. It was called a militia. Now you have private thugs offering security with your back to a wall.

redhotrobbie

Printing money is another tax. You need to pay taxes and you need to pay more through inflation. There should not be inflation. Prices should come down like computer chips etc with technology. Inflation is a tax but people don't realize it. So it's used a lot more by government. But they need a lot more money so tax as well. Inflation is also regressive tax, so direct tax of earnings etc is highly flawed but a much more progressive taxation. There doesn't need to be inflation or taxation, it was only invented in USA in late 1800s but people today lose it if the government tries to cut it's spending

YogurtCloset3335

Lol so you literally know nothing about USA crypto regulations over the last 10 years? There are people literally in jail for writing code when the wrong guys were in charge, who have all been fired. I could give a fuck about Trump, the point is he was paid to clear the path for crypto and he actually did it. And yes he did help himself to a bunch of shitcoin profits and only an idiot would say that's a good thing. But srsly educate yourself man you really know jack shit about crypto regulations.

RandomJoe7

"Contact" doesn't mean "having owned" it. Either way, that stat of 10% (btw I've also seen up to 20% stated), is copium at best. The world-wide % doesn't really matter when the majority of the world is too poor to invest into something in the first place. And using crypto as payment doesn't affect it's value much, because it's just a means of transfer and gets cashed out again on the other side. The reason it's copium? If you're from the western world (USA, Europe etc...) that has disposable income to invest: go ask anyone about crypto, EVERYONE has at minimum heard about it. It's literally in the news headlines of major papers every day. I don't know a single person that doesn't know what crypto is (other than maybe 80 year olds). So 1) everyone knows about it. 2) Many have either owned it themselves, or have an immediate family member that has owned some. And if 2 isnt the case, then they've talked about it at their last christmas party with colleagues or whatever. And guess what, the absolute majority of these people have a negative opinion of crypto, due to the last decades of scams, rug pulls, losing money, the "gambling" nature of it, etc. So far, crypto has basically solved zero technological problems, has invented nothing that the world ACTUALLY needs, etc. And this is coming from me, who held a Top 5 Alt coin since 2017 because I believed in it so much, thought it would be a "revolutionary technology", etc. I held that coin all the way to a few weeks ago and lost 90% on it. I'm glad this time I actually sold my BTC/ETH that I bought during the bear market and was able to make good profit and recuperate my "hopium/copium" losses. What am I trying to say with all of this? There isnt going to be this magical moment where all of a sudden "90% of the world who've not owned crypto" start buying crypto and crypto 10x's because of it. The market is already huge (trillions), from here on out, there will be much slower growth, we won't see old cycle booms again (outside of individual meme coins that of course can moon).

_FIRECRACKER_JINX

The largest federal employer in the USA hasn't paid its employees in over a month. This week, was the first week of November. In the first week of the month, a lot of large bills are typically due. Rent, mortgage, bills, car notes, loans, etc. etc. When people who work for the largest employer didn't receive any paychecks for over a month, they started selling the things they owned in order to feed their children and pay their bills. So they started selling off Cryptos, stocks, etc. etc.

NoStress42069

Well if you look at a coin.. let’s say it’s $3 per and makes 7% yield which is good so you put money into it .. then it drops to $2 The gains are erased Ask an AI which USDC staking is best for you in your country USDC should remain stable unless the USA collapses which is possible

jeremiahcp

If crypto is about scamming working-class people out of money, then yes, the USA is the crypto capital of the world.

Interesting-Cow-1652

If you want to make the USA the crypto capital of the world, print as many dollars as you can Donny. My bags need to PUMP.

BaadMike

It's kind of like hoarding 90% silver pre-1965 quarters and dimes back in 1965. A 90% silver dime now has the purchasing power of $3.42 and a 90% silver quarter now has the purchasing power of $8.57. Bitcoin will be similar 5, 10, 15, 20 or 50 years from now. It may not make you "rich" like most investors want, but it should definitely hold you purchasing power, and we all know the USA (and many other countries) are going to print away their debts.

Third_War

I have question ,if USA want to use crypto to devalue debt is it **good** or bad for crypto ? and explain how please 😅

imliqys

Yes, I totally agree with this opinion, every decision taken by GVT USA must have been in the scenario of selling when it is high and buying when it is down. selling now is not wise, just become a diamond hand. And this time the market has a lot of predictions based on analysis and it was all thwarted by the tweets of a president. Now just still waiting to confirm weekley chart

RandomJoe7

IMO that stat is a bit misleading/hopium/copium. In the richer countries (USA, Europe, etc...), pretty much everyone knows about Crypto. They have either dealt with crypto themselves, know someone directly in their family who has, or have negatively talked about it at the latest christmas party. I literally do not know anybody who hasn't had any exposure to crypto. I'm sure those people do exist, but it will be 1) really old people who won't get into it anymore anyways or 2) in poor countries that does not have significant wealth to put into crypto, thus not making any meaningful impact anytime soon. In the next decades? Maybe... but until then, a lot of other things can change as well.

Longjumping_Ad_6446

USA right? 🤣

Lixalottapus69

Until the price of Bitcoin retraces to 60k and all these countries who have been “talking” about Strategic Bitcoin Reserve funds actually start buying BTC and Russia ain’t gonna let USA or Russia have all the BTC and vice versa and you will see an explosion of main stream adoption with prices higher than you can image…. Aside from that, your probably right…

You_Cards

Reminds me of this video I watched earlier. Shouldn’t someone be positive if every country is in debt? If each country can print money, and we don’t know how much exactly, how can we know the value of anything? Whats to stop the USA from printing dollars to buy up mining power to control bitcoin or any coin? https://youtu.be/qOCJH7Rdyn4?si=P-_RXdltxpRGyrXD

formerFAIhope

World wars, or multi-alliance international wars, happen when the countries start believing that they have a legitimate reason and opportunity to win. Currently, none of the major powers: USA, China, EU, would ever in their right minds, want a world war or even a drawn-out international war dragging multiple, economically-relevant countries in it. The only time there have been serious hit to the economy in just last 2-3 decades, it's because of financial crises, not the geopolitical tensions. Yes, not even the 2022 Ukraine war, which was serendipitous with the consequence of literal trillions in QE and Covid paycheck-induced inflation, on top of supply-chain constraints that were a direct result of Covid. I know, I know: it feels really "dramatic" and movie-like, when you declare every year how we are heading for, "TOTAL ANNIHILATION!! WORLD WAR 3 INCOMING, THIS IS IT, TIME TO GET IN A BUNKER AND DRINK MY URINE!!!11!!" or whatever fantasy you all jerk yourself to. Reality is way more complicated, messy, nuanced than total all out war whenever it fits your personal narratives. Russia is invading Ukraine, because Putin *needs* to create a crisis to distract his public. America (with help of their western allies) supports proxy wars in other countries, because they know the opposing side is sometimes fighting with literal stick and stones (ie no *real* loss for American allies) and American politicians can exaggerate that to justify giving trillions to their military industrial overlords (and get billions in kickbacks). War has become a business through and through. Capitalism has found a way to absorb any "revolution" in its folds and make profits out of it. Modern, global bureaucracy is not some stagnant relic of the past. It's an ever-learning, ever-growing system swallowing billions across the world. An all-out, global war will be worst outcome *for everyone*, not just the enemy. BTC and crypto generally is falling because there's simply not enough liquidity to go around. Whatever the cartels, smuglers, "muh covert operations" were using back in the day (assuming how true this batshit insane conspiracy non-sense is), was barely anything to leave a dent on the overall supply. Bitcoin really took off around 2016, when Vitalik and co introduced new approaches to harnessing the potential of Blockchain network. THAT is when early smart money moved in and drove the prices up. Because the tech finally seemed useful for "the middle men", the very layers that Bitcoin was promising to erase (a whole another nuanced topic, but the present one is already too much for some of you, I can tell). Then the Feds loosened monetary policy further and a considerable majority of western population was flush with cash, including the VCs. That allowed a concerted push up. And not surprisingly, with each *economic* setback came the crashes in crypto/Bitcoin. Not because your little cryptobro community is some "force of nature" that can only be set back by something just as massive, like world wars or whatever morbid fantasies you kids have. Now, we are living in the consequences of that era, with inflated bubbles everywhere, trillions sitting in funds waiting to be deployed, and central banks barely able to maintain a decent monetary policy because on one hand inflation is still sticky and on the other bubbles are at valuations that make no fucking sense. Then there's the govt shutdown in America and banks at lowest reserves while repo pumping out tens of billions every day. Too complicated, right? So much better to just keep spouting the same quasi-conspiracy slop that gets vomitted in crypto circles every other month, while you all jerk each other off at how "smart" you all are, the only people who "see through it all!!!11!11"

BoringPrinciple2542

Thanks for illustrating my point. You are not an American yet you are so obsessed with the USA that you feel the need to argue about your opinions rather than the facts at hand. Perhaps it is because your nation hasn’t been relevant to the world stage since raiding Lindisfarne or maybe it’s because your entire national population is smaller than a mid-tier American city. The silliness of watching a Norwegian get his panties in a wad over the politics of another nation demonstrates what I mean perfectly. I could spend all the time in the world arguing with you but at the end of the day I’d accomplish nothing but wasting time. At the end of the day, your fragile emotiona have no impact on the market so I ignore them and focus on reality. Feel better?

Suspicious-Holiday42

The USA

_FIRECRACKER_JINX

The largest employer in the USA is not paying its employees. Those employees own stocks, crypto, assets. They've been without paychecks for over a month now, and when bills are due, assets are sold to pay for stuff and put food on the table. The first to go will be Cryptos, stocks, and then they'll take out loans. That employer is the federal government by the way.

joshua0005

So you should assume everything is USA? Lol the arrogance

RandomJoe7

Sure, you're not wrong, but most people in western countries with disposable money (USA, Europe, etc...) have had contact with crypto. They've either invested themselves at some point, know someone who invested, or talked about it at their latest Christmas party, hearing about how others "got scammed/rugged/etc". Crypto, in general in these western countries, doesn't have the best reputation.

Lixalottapus69

Oh, so you enjoy getting bent over by China. It’s time China bent over for the USA. We are #1 and we need to start acting like it.

quacks4hacks

I'm not from the USA either but Trump's run 2 significant rug pulls and is using his personal coin to launder brides at a global level. He's killed crypto for a huge amount of people one way or another

WanZed11

i am talking about peak greed my brother.... President of USA or the supposed to be the "The Crypto President" launching a memecoin... What could top that? I am seeing a lot of people dismissing the memeseason that goes on for like 6 month... Elon could change his tweet handle and a memecoin goes to 500-600 million overnight.. Thats 6 month was where normies got overboad and rinse... They aint coming back.. So whose money are those "market maker" gonna dump on now... Normies that was supposed to be the EL to the market maker for this cycle already came and left... They move on to another type of gambling. Kalshi.. Kalshi already made billions on basketball and its not even a quarter of NBA season now...

WanZed11

i dont know man... Presidents of USA and Argentina launching a memecoin really looks likes peak greed for me... You cant go higher than that...

VinnyVanJones

The USA government end.

Dazzling_Marzipan474

The problem with shit like this is it's a foot in the door. It starts at the rich and 1% then in arcade it's over $100,000 and 15%. Look how income tax started in the USA. Same shit. 1% of the top 1%.

pesa44

The USA government shutdown end.

DeathCobro

The only way I see Bitcoin not being $300k after the next halving in 3 years is if the UN, USA, and China all work together to levy an insane tax or make owning Bitcoin completely illegal. It scares me but luckily politicians are terrible at working together

HoldOnDearLife

Normal people know that this game is rigged. They see all the corruption the USA President and his family are doing. Why would anyone want to be in this space? You are just buying the rich people's bags at this point. The evil people have taken over crypto.

TreezFrosty

It will be if they get off their asses and go to work. But there's no jobs? Deport all immigrants and we'll have jobs. The Jeet invasion of the USA will end. 

namieorange

I went to read the transcrips, and it's quite ambiguous, actually. But basically saying China is getting into it but USA has to have the lead. He praised "crypto industry" A LOT and said he and his sons hold. So yeah, whatever the real meaning was, it was overly positive.... and we dump. Insane market

namieorange

Trump LITERALLY said today that China is accumulating Crypto and they cant let The USA fall behind. And we dump!! You can't make this stuff up ffs

bizaroo933

Yeah since that orange buffoon has been chosen by the great USA people it became legal for himself, family, friends and Binance to manipulate the market. Best way to do it is to short as much as possible.

bizaroo933

Was about time, clowns from USA kept selling while Asia and Europe kept pumping the market. USA doesnt deserve Asia to pump to market for them just so can they sell when waking up

Lord_Alamar

It's time to come to terms with the fact that anyone left holding crypto is the greatest fool. The asset class is in the process of folding up shop for the long haul. The USA has won

chasing_daylight

The USA is currently involved in a huge trade war with its partners.

P0werFighter

USA too, and a lot of other countries.

ccr61

Dude, wake up. The world is on fire and a lot of it has to do with the dipshit we have to claim as president of the USA. He scammed everyone who voted for him, bought his crypto, bibles, shoes, and lies. You saying you expect a good Q4 jobs report tells me you’re one of those people. We’re all paying the price for this presidency and it’s way worse than just losing some money on your crypto bullshit.

Tasty-Recording-1440

It’s because of USA and Nigeria conflict as well

Iron-G

Not everyone is living in USA you retarted.

bizaroo933

Is USA market now already opened or in 37 mins? Because in Europe its winter time

Foppo12

It's a shame that nano gets such a bad rep in this sub while it's closest to whatever the original goal of crypto was. It's closer to the original ideology of bitcoin than bitcoin itself now. Nano is already fully distributed and no more nano can ever exist than the current circulating 133M. Nano can be sent anywhere in the world without any fees. Literally instantly from the USA to India without any loss. That doesn't seem to be the focus of the current market though. Underrated tech.

OrcOgi

The whole idea never was to hold btc my friend. But to buy houses and other assets with value. The ponzi reached the top when the president of the USA embraced it. Like literally

OrcOgi

People here really thought there was much upside left after the president of the USA embraced it? Was the most obvious top signal. The pyramid was completed at that point. Only 1 way foward thats down.

Spl00ky

>I'm saying that a system that forces one's hand to take risk, is a bullshit, broken system. That's why you can buy the index and bitcoin. If you're not taking some level of risk, then capitalism can't function. It can't be a broken system because the USA has the world's greatest economy and is home to the world's greatest companies. >I didn't say you're brainwashed for supporting capitalism. Then explain what you meant.

GreatRaccoon4918

That’s a wild thing to say. The USA isn’t even as close to the corruption of Nigeria. We have it made compared to them.

interloper76

CZ had similar faith in USA... Phony sentence, first cash settlement to "lubricate" wheels of US justice system a little bit and make his sentence lower, and finally - "gifts" and favors to the new current Trump administration to parole him 100 %...

Downtown_Ship_6635

Is the hashrate really physically in the USA?

Bubblebau

Bonds are used to finance businesses, the government doesn't just hold them for storage. So, once they get in, they will spend it, at least in part. You need to think of government bonds as a loan you make to the state. The loan wouldn't be asked for if it wasn't needed, so the money, once it comes in, will have to be used and to pay you new money will have to be found at a later time through income coming in or by making other debts. These incomes, for the state, can be taxes. Now, the debt problem is whether the income coming in is no longer enough to pay the debts that fall due. In that case, if you are a central bank, you can "print" new money and give it to your debtors. There will be an inflation that will especially affect the poor who have all their assets in the local currency, but at least you, the state, are not going bankrupt. With Bitcoin you can't. Additionally, if your country grows, more money will have to circulate to support this growth, but with Bitcoin you can't print new money, so the effect is that a single Bitcon (and Satoshi) will always be worth more. So, to recap: you, the state, cannot print new Bitcoins, you ask for loans (issue bonds) to finance your expenses, but then you will have to return a higher value than what you took and spent. Of course, your incomes will also be worth more, but you, the state, only earn if your incomes exceed your debts. Now, to give you an example, Copilot tells me that in 2024 the US Treasury debt was around 28,000 billion, while the income was 5,000 billion. If we had the same value in Bitcoin today, the USA would automatically have gone bankrupt. If you want proof of all this

Full-Sound-6269

Alt bull run happened in 2024, btc is growing since early 2023. Everybody tried to frontrun things this cycle. About guarantees: nobody ever could give you any guarantees crypto wouldn't turn into a pumpkin tomorrow, especially back in early days, or 2017, or 2021, it was always a risk. Same with stocks now, nobody knows when USD will kick the bucket and USA will default on its debt.

-SolidBase

If you really want to know about taxes in the USA, it’s known as the IRS, the IRS is a private entity, it’s incorporated i.e. - IRS, inc. The IRS is owned by the top 5 banks in Europe, the original Morgan’s, Rockefellers, etc… that’s where your tax money goes to. So paying taxes doesn’t really benefit Americans cause we don’t actually see the money. As the quote says - follow the money.

Similar-Dig-9045

qatar itself pledged 1.2 trillion We know they have already given at least a Trillion to American universities so i doubt they are going to back out of the new 1.2 trillion pledge. Saudi will come through with the 600 billion pledge as well. these oil rich nations are trying to diversify away from oil. hence their heavy investment in Crypto. Mohammed bin Salman Al Saud has been making trips here to make energy deals and invest in companies in USA from the time he took over. I could go through each country, UAE, Japan etc but investment in american companies like boeing, oracle, microsoft, GE etc is simply diversification for these soverign wealth funds. if you dont think these nations are going to do everything they can to get better returns on their money investing in AI development and other sectors in the US i dont know what to tell ya. The US is in 4th industril revolution

k3surfacer

What do Venezuela and Nigeria in common? Both have oil, lots of oil and both are being threatened to get a war gift from USA. And both need crypto.

Similar-Dig-9045

thank you for that assertation. you must be a economics wizard! gee i didnt know investment deals for money transaction mean little until the money is used!? the point is other countries are making an effort to push money into the USA and not the other way around which has been what has happened the last 30 yrs

StateofMike

Dollar a day keeps your taxes a fucking mess when you finally sell it and have to enter 10 years of daily purchases under the current system in the USA at least. That's a 3650 line spreadsheet. Source: My tax preparer hates me.

GrumpyScroogy

How did all you kids not see this coming? Said it 8 months ago: [https://www.reddit.com/r/CryptoMarkets/comments/1jeh9rm/been\_here\_since\_2016\_crypto\_subreddit\_are\_dead/](https://www.reddit.com/r/CryptoMarkets/comments/1jeh9rm/been_here_since_2016_crypto_subreddit_are_dead/) \*Trump segment Altcoins literally got saved by Trump's announcement end '24. They were already bleeding out. Bitcoins current cycle was probably accelerated because of it. ***The market priced in perfection***\*\*.\*\* (Perfect ETF's / world reserve etc. the whole package) But it all came crashing down when Trump showed his true colors. When he released his own coin all red flags should have gone up. He doesnt really care about crypto, he cares about his own wallet, ego and power. And that is problematic, cause even if bitcoin is not controlled by Trump, YOU GUYS made him the posterboy as "pro crypto president". And now the rest of the world gets to see what that means. Why you applauded a pro-crypto president like him to begin with baffles me. USA is getting dismantled and you all think he wont take crypto a peg down with him?

zxr7

Monsoon incoming For those not aware: >The monsoon is a seasonal bitcoin weather pattern characterized by a reversal of liquidity flushes that brings distinct red and green periods to many regions, especially in South and Southeast Asia, Africa, and Australia, Europe and USA. 'MoonSoon' typically appears without warning, often after extended sideways movement, and tends to leave the charts looking cleaner, but the spirits of leverage traders notably dampened.

xte2

Hmm, it's not that it's suitable for the "Third World," it's that compared to legal tender currencies, often failed in the Third World (but rest assured, here in the West we're also failed, even if most haven't realized it in the same way yet), it's a protection, meaning a currency whose price varies a lot for reasons I'll explain shortly, but it doesn't devalue in the long run, unlike all local currencies where you need a wheelbarrow full of banknotes to buy a bit of food. This is the main protection. Then there are a couple of other aspects: the internet is quite global, even in countries not in good health, you can usually find some kind of internet access, however poor. The banking system on contrary, is poorly developed in many places, so simply having a bank that works and doesn't steal excessively is harder than just having internet access. Another aspect is that money can be seized by the State; BTC can be declared illegal, but practically not seized. For example, relatively recently, in Argentina (in 2002), the government imposed a forced conversion of residents' USD accounts with a huge net loss for them. With BTC you hold yourself, not left on a CEX, this cannot happen, and if you know how to do it, the state doesn't even know you have BTC, or at least doesn't know how many you have because you have multiple wallets and only some are "known" as yours. In Italy, not in the Third World, in 1992 the government withdrew 6‰ from every account overnight to reduce the deficit. Again, with BTC, this cannot happen. These are the main, practical reasons why a small investor might seek BTC. The value fluctuates a lot because the underlying asset of the currency is currently speculation, and yesterday it was crime and state actors (to finance subversive groups in other countries' homes, etc.), activities that move enormous wealth, but which are by their nature irregular and unpredictable. If it became legal tender in a significant number of countries, well, it would become as stable as the EUR or USD. This is because the value of a currency is not in the currency itself; it's worth very little, just the fact of being a medium of exchange. It's the underlying asset, meaning what you exchange/can exchange with a currency, that determines its value relative to others. In other words, the value is not "of Bitcoin" but of the economy that uses BTC as a medium of exchange. Finally, allow me a note: nowadays, stablecoins are increasingly common, which are smart contracts typically on Ethereum or Solana, that the issuer, a "de facto central bank" declares to guarantee always convertible with an asset it claims to have, typically dollars, but also gold, etc. Well, be careful, they don't change much because they are typically tied to the USD, but they include fund freezing clauses, and the moment it emerges that the issuer doesn't have what it claims to have, they go to zero. For this reason, even if they are more convenient due to having a fixed exchange rate with a known legal tender currency, they are much riskier. BTC today has various problems; there are a few giant mining pools, it has little TPS (number of transactions that can be processed per second, so a payment takes time) and high fees, but it is still decentralized, not owned by anyone in particular, and works as long as there are enough network nodes in the world, which today are spread across several countries, even enemies (e.g. USA, Russia, China, ...) making it by far the safest asset we have. This doesn't mean it can't one day crash by 50% due to someone's announcement, then rise by 100%, and so on. In other words, if you put in the little you can with hard work, you'll feel bad during many periods and euphoric in others, but it still holds up better than any other digital/currency asset.

Spaceseeds

Also it's kinda obvious this place is brigaded by larger than the USA bot farms at this point. They all wanna associate crypto with republicans and trump therefore it's bad. It's been pretty obvious shift since he spoke at Bitcoin conference

socialmedia-username

I'll just leave this summer 2024 article right here: https://thehill.com/policy/technology/4777558-mark-cuban-silicon-valley-trump-bitcoin-elon-musk/mlite/ “What will drive the price of BTC is lower tax rates and tariffs, which if history is any guide (and it’s not always), will be inflationary,” he added. “Combine that with global uncertainty as to the geopolitical role of the USA, and the impact on the US Dollar as a reserve currency, and you can’t align the stars any better for a BTC price acceleration.” 

kiwimonk

Why would a millionaire waste time becoming a billionaire? It is very clear that Trump is mentally broken in many unhealthy ways. Trump's disrespect for rule of law, fair elections, the truth are all very clear examples he is not pro USA and what she stands for.

yiliu

He just takes time off from his heroic and patriotic efforts to benefit the USA to do crypto rug-pulls, bullshit NFT, and various other scams! It's just like a hobby, that's all. _Aside_ from all the obvious corruption and grift, he's actually totally selfless!

FigmaWallSt

No shit. He also isnt pro USA. He would also burn down the whole country, if some broker would offer him a 100x leveraged S&P 500 or nasdaq100 short

fadeddreams555

Why would a billionaire become president if he wasn't pro USA?

Livid_Yam

He isn't pro USA either

bizaroo933

Like I said: 1 step up 3 steps back 😎 1 step up 3 steps back 😎 1 step up 3 steps back😎 Thank you burgers for day number 25 in a row for dumping. Long life burgercountry USA! 🇱🇷

namieorange

USA will not attack Venezuela. It all gets solved under the table like it has been for ages now

Shadowpinegrowth

I hope you all have dry powder ready for when the USA attacks Venezuela soon here! Markets are going to love that

Relevant-Rhubarb-849

This is slightly off topic but given your interests I wanted to suggest a couple books you might like. One of them is the federalist papers. Those people definitely shared your fears. The federalist papers describe the steps they took to try to thwart governments not acting in the public interest. There's a lot more in there. If I had to summarize two of the guiding principles. They were create an adversarial organization so that mistrust of other politicians would be a self restraining force. This is why the house is so large : they felt that if they made it big enough it would be to unwieldy to support conspiracies and defectors would blow the whistle. Another principle was to create multiple factorings of stakeholder weight. So the senate has a different constituency than the house. Also the senate is biased towards how voters felt 6 years ago while the house is more recent so again different constituencies and different passions. Indirect selection of Supreme Court justices was supposed to make them more consensus based. ( that was the plan -- it seems to be failing. ) But it was aimed at creating a set of government bodies that has different allegiances to different ways of sorting the United States stake holders and to spread that allegiance out in time to avoid quick exploitation of temporary popularity It's quite enlightening. Another book you may want to read is "lords of finance" which goes into how the central banks are run by flawed humans and massive events like world wars jumble Best laid plans. It also gives insights in how we outgrew the capacity of the gold standard and how returning to it after ww1 made other countries subservient to the USA

randallmauel

Those numbers arent real, research how those supposed numbers were arrived at. Very little of the money that actually was pledged will come the way of USA.

50EAGLE

I am very confident in my projects , so I am not worried about this at all. But one project I am invested in particular just had a signed a 1.1 billion dollar minting deal in USA, a bigger contract coming in Australia and potentially a crazy deal potentially in the works with China. What I am most excited about is they’re also releasing a OS marketplace that allows for companies to choose from a wide selection blueprints/templates that are suited to their needs for authentication / auditing purposes amongst other things. Won’t shill, but just an example if you understand what you’re invested in and hold a clear conviction and not just wen lamboing it. Just turn off the news, relax and go about your day.

notdsylexic

“One person” sure is a straw man method to invalidate this claim. Being that the one person is the president of the USA. “One person” can do a lot of damage if you’re president.

Similar-Dig-9045

5 trillion in investment deals for USA from foreign nations is better than the US has ever seen. But whatever I guess you have higher standards.

DomComm

Total opposite. He is pumping up the labor market with investments to open manufacturing here in USA in the Trillions of dollars. Snap is defunded because you need 60 Senate votes and Democrats are all voting to keep the gov closed. Republicans voted 13 times to open the gov and fund everything. We have more civil Liberties now that free speech is allowed and cancel culture is in check. I think it’s not pumping cuz interest rates are too high due to Powell.

RIPFauna_itwasgreat

This is not the cause, but it doesn't help at all. USA retail seems to be actively fucked multiple ways. A government shutdown, People not getting paid, SNAP not paying out. If any regular citizen has some crypto he/she sell it to buy food or pay the regular bills. If you wonder where the retail is. Shit is hitting the fan. Have you Owned the libs enough now MAGA voters?

JDo3

USA has an unpayable 40+ trillion in debts. The way this story has "ALWAYS' ended since the time of the Roman Empire is with currency debasement. Yes I was taking it to an extreme but my point is the same. If making a BTC value prediction based on the far off future it is better to use something that can NOT change just like the number of Bitcoins. A 3 bedroom house is pretty much the same today as it was 20 years ago. The number of dollars it takes to buy one has been all over the place (not fixed). 🍎 to 🍎 not 🍎 to 🍊

thupkt

Welcome to the USA, leave your morals at the border

omrip34

Trump is completely destroying so much more including the USA

Disturbed_mind369

I came to USA looking for freedom. The only thing that gets close is Bitcoin.

30SecondsOverTokyo_

There is BTC and there is every other coin or token. Do not conflate the 2. The only thing that affects BTC now are 2 things: (i) money supply (M2 and some of M3); and (ii) the increasing willingness of: nations, institutions, large cap stock companies, and sovereign wealth funds to buy and hold BTC. Everything else is bumps in the road. BTC having turned 100K and having achieved regulatory clarity and favorable treatment in the USA is an unstoppable juggernaut as scarce desirable asset to hold wealth within. BuyBTC> HODLBTC> Don't look at the price for 10 years> Win bigly. It's not complicated. As Raoul Pal famously said about BTC and the once in a lifetime oportunity for the average Joe to accumulate wealth>> "Don't fuck this up"

needs-more-code

But he’s bringing the sweatshops back to the USA. There will be millions of people on the factory assembly line. Just like when America was great, 1913.

eC0BB22

Maga supporters contributing to USA decline. Fuck y’all 2

Relevant-Rhubarb-849

Bitcoin is a very novel and cool system that I wish more people who criticize it would do so for its real flaws not its perceived ones. It's a thing of elegance. The flip side is the vast majority of vocal supporters have drunk koolaid rather than approach it soberly and defend its actual positive virtues rather than its reputed ones. It's a fantasy that Bitcoin will continue to appreciate at 30% per year relative to the dollar. If it continues its past rate it will exceed the entire gdp of the USA in 6 years, and in a couple decades be worth more than all the currency in circulation. So that's not happening. It's collorary that any process that grows exponentially will slam into its upper bound with exponential suddenness. That doesn't make Bitcoin any less beautiful but trashing anyone who forecasts a crash when the growth stops just makes all of bitcoins supporters including myself unable to talk about it rationally. There's a sad sickness in the community that forecloses rational discussion. My pet peeve is that this skyrocketing irrational demand for it has turned it from being a currency to being a commodity. What's the difference? Well you can issue loans in a currency. If a commodity is growing at 30% per year any 30 year home loan would seattle the debtor with a payback close to 1000 times the original loan. Salaries don't go up 1000 fold. If a country used it as a currency, without the ability to loan the economy would stagnate, jobs would die, and the total wealth of the country would not grow. If a country used a deflationary currency then the benefits of inflation would be lost. Bitcoin zealots think inflation is evil but mold inflation is wonderful. For example, every nation needs to tax somehow but there's choices about how one levies the tax. Obviously regressive taxes are the least desirable. Inflation, at a low level, is a wealth tax. It has the socially desirable feature of encouraging the wealthy to spend and invest their savings which grows the economy for every one. Thus printing a small amount of money to cause a small amount of inflation is actually a benefit. ( no one is saying print absurdly amounts would be good). But you can't get that growth if bitcoin is the currency. One can go on. But I know that just saying inflation is good is going to get poo flung at me.

Objective-Macaroon22

Has any so-called altcoin solved any real world problem? Can anyone point to a whitepaper and ICO that were legitimate? Sorry OP. Crypto is for grifters, our president (USA) and his family included.

Wolfkurt1

Doginme man Doginme , it is against inflation plus made in USA , it will be no tax on it , and going to list on robinhood plus binance , low supply and fix supply not like doge coin , doge coin adding over 5b on supply every year , best coin now ever Doginme wake up people!!!!

opbmedia

USA has a GDP. USA has taxes. USA has laws to collect taxes. USA has courts and prison to collect said taxes, assessed on the GDP. USA collects taxes. USA central bank issues loans to actors in the economy. USA central bank issues loans in USD, and only in USD. USA says the only legal tender currency is USD. USA only accepts tax payments in USD (see step 1).

nachoman2750

Yeah, its been in all the movies, like forever now. Its when you live in the USA, and you play for yor University sports team!!! /s 😄😄😄

Kindly-Inspector1131

Jesus Christ man what is wrong with you? I’m sorry do you not do any research at all? Seriously!! I don’t understand how stupid this world has become!! Just bloody research it man!!! For Gods sake! Sha256 is a NSA project from the fucking 90’s!! This is decades old shit! Ecash is decades old! You think bitcoin is the first one and only? No!!! It’s been done before. America was always going to fail eventually. Most empires last around 250 years or so. You can’t keep printing money to no end. We’ve seen that play out before. So China and Russia and Indian are joining forces which makes it very bad financially for America. Saudi Arabia had a contract with America for the last 75 years. It was the petrodollar contract. That’s what kept America so powerful. The contract ended last year. Trump wanted to renew it. The Saudi said no. Do you understand the level of impact that had?? A 75 year contract ended. Now all trades will be done in local currency. This is all public knowledge, there’s no weird hidden secret here. The dollar has lost significantly over the past few decades and now it’s spiralling out of control. America can not keep printing money. We are at 38 trillion. If China decides to stop dealing with America, then it’s done. USA will crash completely. There will be riots and civil unrest. America needs the world to use their money to stay alive and rich. America does not provide the majority of the world with anything. Asians and Arabs can deal with everything they need from their side of the world. America is a useless country to the rest of the world. That’s a fact. China India Russia can provide all of their neighbours with everything. We have all the oil on our side. We have everything we need here. The only reason America is in Middle East was the petrodollar contract. That’s done. That’s why trump is flip flopping with tariffs! He knows that they can afford to lose him now. They don’t need America. China is 1000x better than America in every single way. They’ve just made the fast car on Earth. And it’s electric. China will provide Asia will all the new tech. Cars. Computers. Ai. Medical. You name it. America is done. You guys will have to lick each others asses now and eat hamburgers all day. By the way why do you think he’s attacking South America. America needs it to survive. This is ALL PUBLIC KNOWLEDGE. Ecash was the first peer to peer exchange. It didn’t work out. Bitcoin is the second version. SHA256. This runs on the NSA NETWORK. They created it. It’s public fucking knowledge! Who created SHA256??? If you don’t know what that is then you are far from home. And I can’t help you. Grow up. Also while you’re doing for research…find out what satoshi nakamoto actually translates to from Japan to English. If that doesn’t wake you up well then goodluck in your bubble. THIS IS ALL PUBLIC KNOWLEDGE.

NoSkidMarks

Reporting requirements are impossible to comply with, by design. They did it on purpose so we can't have adoption. We never will until all federal and state taxes on income, capital gains, corporate profits, inheritance, and gifts are eliminated. That means pass the Fair Tax. Otherwise don't expect the USA to ever come anywhere near being the crypto capital of the world. Instead, it will remain the over-taxed and over-regulated captive market it always was. Until the day, hour, and minute it ceases to exist by the collective will of it's victims.