Roger Ver is a well-known name in the crypto community (even I have heard of him), libeled incessantly by BTC Maxis, and has a new book to flog, 'Hijacking Bitcoin'. Per their discussion, Ver is claiming to cite documented facts showing that BTC has been intentionally prevented from adhering to Satoshi's stated, and coded, intentions to be an anonymous replacement for cash. Patrick of Anarchast is also well known in the sovereignty community, so there's a significant number of folks that will want to have a look at the interview, just short of an hour and a half.
IMG source - Odysee.com/@Anarchast
BTC is demonstrably not very fungible. I note that devotees have tried assiduously to cast it as a new form of gold, or something that can serve as a store of value, while other currencies, such as LTC, can serve as cash. Ver points out that wasn't at all what Satoshi coded, nor wrote he had in mind, and the prevention of block size increase directly contravenes mechanisms Satoshi did potentiate. I think the recent influx of banksters into the space affirms Ver's contention that BTC has been prevented from serving it's original purpose, and agree that other currencies have arisen that are better able today to do so.
But, my opinion on that market and product isn't either important or relevant, as Ver's and Patrick's of Anarchast are. Have a look and decide for yourself.
Нaving his own bitcoin fork, I'd be surprised if he claimed otherwise.
Only bitcoin will be true digital gold.
Thank you
Well, at least they have to physically seize gold, and not just censor it, or shut the power off.
Thanks!
history knows instances of gold being confiscated and banned by the government
I do not think these confiscations are all in the past. But it takes considerably more effort, and blood, to seize gold, than it does to censor data. All it takes to end the value of BTC is for the power to shut off.
it is only possible to cut off electricity in a single country or continent.
The power supply will start to gradually get better and your funds will remain as they are.
World War III may leave everyone without power, but bitcoin is the last thing the survivors of such a situation will worry about
I absolutely agree.
Dear @valued-customer !
Do you think Bitcoin is the safest cryptocurrency?😃
No. Quite the opposite, because of it's valuation and the influx of banksters, I expect retail investors to be fleeced, because that's how banksters operate. I am retired. My investment focus is almost purely capital preservation, so risking any of it on speculative volatility plays in a market I believe has no fundamental value due to better tech with less interference from banksters existing at far lower prices is as welcome to me as vampires are to hemophiliacs.
Thanks!
Good morning, Sir (sorry, it's morning from Nigeria) Thank you for the information you have given through this post
You're very welcome. While it is troublesome, I would humbly offer you the advice to reference specifics of the post you are replying to. In the past unscrupulous users have automated accounts to mass reply to posts with generic comments, and such bots have been downvoted until they went away. While speaking in person with someone can be done without specifically referencing information for which you are grateful, on Hive such non-specific comments cannot be differentiated from AI, which some users are eager to suppress. I am sure you would not like to be mistaken for a bot by such downvoters, so I am explaining this dynamic to you that you might never have to suffer such treatment.
Thanks!
Thank you, I'm grateful for that
This was an interesting listen. I don't know a lot about crypto—apart from what I have absorbed from Hive—and having to exchange Hive, etc. Humanity is dynamic; hopefully, they come up with a solution that is accepted, as there are solutions, as they say, Zcash—but they are not adopted widely. Your article on the fact that they won't allow anonymous wallets is a classic which shows the problem: corrupt, anti-freedom politicians. It is so interesting that these days, governments think they should be allowed to know how much money is in your wallet and what you spend it on. I mean, that is crazy. Australia is going cashless—so we are seeing it all being laid out, as I know you are aware.
It is very sad, the state of things. A number of years ago, I cheered on Crypto because I knew that the real problem with the world is the banking cartels. It is the problem with everything—they are anti-human. Anything that gets us away from them I cheer, and I thought crypto was the solution years ago. But they had plans, and they conspired to get control. And if the people talking are right, and I have no doubt they are—they got control—it's BlackRock buying up Bitcoin, everyone knows it—or whatever substrate of the banking lattice. We had a chance to get away from them. I am not knowledgeable in the area enough to try and figure out the problem with crypto, but I am hopeful that someone will.
Thanks!
One of the reasons I have moved to goodwill as much as I can is that no one can track how much goodwill I have, so it can't be taxed. It's better than cash, although I can only transact with good people via goodwill.
I'm not sure that's a drawback, TBQH.
Thanks!
You should write an article about good will experiences and in which circumstances it is/was useful to you.
I am a little reticent to get into specifics of such arrangements on the blockchain.
I understand.
No disrespect intended but your assumption is that the Satoshi narrative is an honest representation of reality. Could be...But IMO it’s just as likely the Deep State created this currency as means of funding their many Black-Ops. Timing is everything and after the Pentagon destroyed the evidence of their massive theft of fiat currency money they had reached a point where they could no longer pilfer from the Fed in a way that was easy prior to the internet. Bitcoin’s creation in 2008 has given these bad actors a way to fund their endless black-ops without risking congressional over sight committees looking into further ‘missing fiat funds’...
And yeah, I heard all the spiels in 2012 when the first BC machine showed up in Vancouver.
An honest person working at the BC exchange confirmed what I’m saying here in a recent convo. with him.
I’m recommend watching some of Charles Giuliani...
I actually lean towards the NSA being Satoshi myself, and do not hold BTC. However, it isn't because the NSA might be using BTC to do crime. Honestly, that would make it more secure in my eyes. It's the fact that BTC has no or little value if it cannot access the internet. It is just data, and can easily be censored, as the owners of the internet more reveal expertise at doing daily. Coupled with what I believe is the imminent introduction of mandatory CBDC(s), I have no confidence at all in BTC's utility as a store of value, or a currency that can be maintained against the will of those that own the pipes it has to flow through. Paper BTC is useless as a currency absent the global network.
Ver seems to lean towards assuming the Satoshi narrative is an honest representation, and a great many people do hold BTC, so I thought some folks might appreciate his thoughts on the matter. He does have a point regarding block size and transaction times and cost clearly not being inadvertant or unavoidable.
Thanks!
the fact that tether has still not blown up after so many years while being intensely used to run up btc price AND then claiming they also own btc... it really is such a bad movie at times. in any freakin' 007 film people might have long caught on that the bct fairytale can't quite be the whole truth but somehow the maxis always get the most airtime and everybody is lulled in.
silver > btc when everything on stage is torn down and swapped for the new set with loud screams and hysteria.
only question is 'when'
I have a little silver. I don't have any BTC. They can't just turn off my silver.
Thanks!
one little silver coin every time after a busking visit in a city, that's sort of the idea until cash is banned ahahha