Thank you Catherine for sharing and shining the light on a ponzi scam, I do believe that anyone that wants to be part of this has the right to do it. But the government shouldn’t be allowed to be part of it and force all tax payers to take the losses.
Bitcoin goes its own way, too many control freaks seem to think that they (or someone else) are going to capture BTC, fear & greed again. It’s tiresome to see yet again a pundit pushing narratives to attempt to influence people to “their way of thinking”. Bitcoin represents freedom, anyone is free to participate, government using taxpayers money (borrowed from the Fed) to try & corner the BTC market is a folly. Trump says he wants U.SA. to be the “Bitcoin mining centre of the world” maybe that’s why he wants Greenland, thermal energy, cold climate, off shore shenanigans?
ETF’s Futures Markets, Options trading, are not what Bitcoin is all about. Quoting Bloomberg, Wikipedia or Climate Activist cutouts to support the “cost of energy” required for Bitcoin mining (yes it’s always about BTC energy use, not the 5,000 other crypto “tokenisation” preparedness vehicles) but BTC is a kind of revolution that few can appreciate because the focus is always on $$$ value of Bitcoin, look at the price of gold now, is Bitcoin going up or is the $ USD going down in value? Bitcoin market is 2 trillion $ to the good, U.S. debt is $36 Trillion in the red, & climbing.
If American was to take $100Billion from the bloated defence budget & use it to “tokenise” crypto what might happen, would Musk or Ramaswami even dare suggest that? It’s what Mr. Global wants, this tokenisation of everything.
This article is more fud, it could have been issued by Madame LeGarde in her heyday at the IMF.
Still love your work CAT. But go hard one way or another or be balanced, & consider your sources of course, of course.
Bitcoin is NOT "private" that is an inaccurate label. The ledger is public. Bitcoin is public digital money. Everyone can see the history of every single transaction going back forever.
There are many other coins that are actually private. Coins that mask the sender, receiver, and the amount, all while maintaining chain integrity and functionality. I won't mention them. I am not a coin pumper.
You could say it is "private" but only if you mean "not run by the government", however I feel that is a confusing use of the word. Well, or it has dual meanings. Also, it is seeming more and more likely that there is significant government influence interfering in Bitcoin's governance.
Maybe Solari in the future could report on what it actually means for a digital currency to be private? And more specifically why privacy is important in currency. I would love to see that.
I am a HUGE fan of Solari, and CAF. Not trying to disparage. I am just passionate about privacy. I believe that without financial privacy individual liberty and freedom are unable to exist. And I am always blown away how people are fooled into assuming that Bitcoin is private. It is probably the least private currency that has ever existed on the planet.
Bitcoin was marketed as a solution to the massively unjust scam that is privately issued (the Fed, BoE, etc) and state-enforced fiat as well as fractional reserve banking (commercial banks creating money out of thin air, see Richard Warner). What is the alternative solution (which doesn't rely on obviously controlled political parties to do the right thing)? Can Bitcoin be 'fixed' to return it to this path?
No, it can't be fixed. But it has inspired many imitators, most of which are technical improvements. Eventually when all the fraud shakes out, we'll probably have some nice solid decentralized financial infrastructure alternatives. Til then, don't go putting any nest eggs into that train-wreck snake-pit, OK?
I love CAF, but she would never use these FUD sources for gold and sovereignty issues. Gold and BTC in self-custody are equally virtuous for the common man. I own both. Fiat is the ultimate ponzi.
The bulk of Bitcoin is, for now, still traded in Tether. Tether appears to be (have been?) not really backed by dollars as claimed, and its founders sure look shady. For example, they also own Bitfinex which, from across the street, sure resembles a marginally better-managed FTX. Howard Lutnick is one of them. He said, "Tether had a liquidity issue we solved with U.S. Treasuries."
So I think it looks like somebody is using this as a sop for some of the US Treasuries being dumped by governments looking for an exit from the almighty dollar. When we just started confiscating Russian-owned funds "just because" and otherwise weaponizing SWIFT... well, that has consequences! Now BRICS looks better than ever for large parts of the world, and the offloaded T-bills coming home to roost have to land somewhere.
Thank you Catherine for sharing and shining the light on a ponzi scam, I do believe that anyone that wants to be part of this has the right to do it. But the government shouldn’t be allowed to be part of it and force all tax payers to take the losses.
How quickly we forget…
Bitcoin goes its own way, too many control freaks seem to think that they (or someone else) are going to capture BTC, fear & greed again. It’s tiresome to see yet again a pundit pushing narratives to attempt to influence people to “their way of thinking”. Bitcoin represents freedom, anyone is free to participate, government using taxpayers money (borrowed from the Fed) to try & corner the BTC market is a folly. Trump says he wants U.SA. to be the “Bitcoin mining centre of the world” maybe that’s why he wants Greenland, thermal energy, cold climate, off shore shenanigans?
ETF’s Futures Markets, Options trading, are not what Bitcoin is all about. Quoting Bloomberg, Wikipedia or Climate Activist cutouts to support the “cost of energy” required for Bitcoin mining (yes it’s always about BTC energy use, not the 5,000 other crypto “tokenisation” preparedness vehicles) but BTC is a kind of revolution that few can appreciate because the focus is always on $$$ value of Bitcoin, look at the price of gold now, is Bitcoin going up or is the $ USD going down in value? Bitcoin market is 2 trillion $ to the good, U.S. debt is $36 Trillion in the red, & climbing.
If American was to take $100Billion from the bloated defence budget & use it to “tokenise” crypto what might happen, would Musk or Ramaswami even dare suggest that? It’s what Mr. Global wants, this tokenisation of everything.
This article is more fud, it could have been issued by Madame LeGarde in her heyday at the IMF.
Still love your work CAT. But go hard one way or another or be balanced, & consider your sources of course, of course.
Happy New Year, m’ dear
Admirer of CAF. TY for keeping us informed. Loyal fan. Looking forward to more insight & Articles. The sooner the better.
Bitcoin is NOT "private" that is an inaccurate label. The ledger is public. Bitcoin is public digital money. Everyone can see the history of every single transaction going back forever.
There are many other coins that are actually private. Coins that mask the sender, receiver, and the amount, all while maintaining chain integrity and functionality. I won't mention them. I am not a coin pumper.
You could say it is "private" but only if you mean "not run by the government", however I feel that is a confusing use of the word. Well, or it has dual meanings. Also, it is seeming more and more likely that there is significant government influence interfering in Bitcoin's governance.
Maybe Solari in the future could report on what it actually means for a digital currency to be private? And more specifically why privacy is important in currency. I would love to see that.
I am a HUGE fan of Solari, and CAF. Not trying to disparage. I am just passionate about privacy. I believe that without financial privacy individual liberty and freedom are unable to exist. And I am always blown away how people are fooled into assuming that Bitcoin is private. It is probably the least private currency that has ever existed on the planet.
TY
In Links above. Here it is again
https://home.solari.com/questions-for-rfk-regarding-your-proposed-bitcoin-executive-orders/
Links to full speech are in that link.
Bitcoin was marketed as a solution to the massively unjust scam that is privately issued (the Fed, BoE, etc) and state-enforced fiat as well as fractional reserve banking (commercial banks creating money out of thin air, see Richard Warner). What is the alternative solution (which doesn't rely on obviously controlled political parties to do the right thing)? Can Bitcoin be 'fixed' to return it to this path?
No, it can't be fixed. But it has inspired many imitators, most of which are technical improvements. Eventually when all the fraud shakes out, we'll probably have some nice solid decentralized financial infrastructure alternatives. Til then, don't go putting any nest eggs into that train-wreck snake-pit, OK?
Unfortunately very poor understanding of Bitcoin and not a very good article from CAF.
I love CAF, but she would never use these FUD sources for gold and sovereignty issues. Gold and BTC in self-custody are equally virtuous for the common man. I own both. Fiat is the ultimate ponzi.
I remember being in a call with you and Nora.
Aloha Catherine. Great movie.
LET THEM FALL!!
The bulk of Bitcoin is, for now, still traded in Tether. Tether appears to be (have been?) not really backed by dollars as claimed, and its founders sure look shady. For example, they also own Bitfinex which, from across the street, sure resembles a marginally better-managed FTX. Howard Lutnick is one of them. He said, "Tether had a liquidity issue we solved with U.S. Treasuries."
So I think it looks like somebody is using this as a sop for some of the US Treasuries being dumped by governments looking for an exit from the almighty dollar. When we just started confiscating Russian-owned funds "just because" and otherwise weaponizing SWIFT... well, that has consequences! Now BRICS looks better than ever for large parts of the world, and the offloaded T-bills coming home to roost have to land somewhere.
I wonder how long it will take for Trump to issue that Executive Order for RFK? My friends need to dump their bitcoin before that takes place.
Deep state ponzi scheme to assist in breaking the financial system and used in CBDC for total and utter control of mankind.
Link to RFK comments on tax free swaps to real estate?
Government is the reason I get up in the morning. I live, breathe eat and sleep the Big G, so let them buy all the Bitcoin!
Why Are They Hiding The World Government?
...and what is the goal with these wars?
https://tomg2021.substack.com/p/why-are-they-hiding-the-world-government