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Biden coming after cryptos (@America 1st was right again)

MortgageHorn

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Anyone else double their money on HBAR in the last couple days? The tech is just so far ahead of the other cryptos I just don't see how it isn't at $1 in the near future. If all of the exchanges pick it up I would expect a huge jump.
I have 200K HBAR and my average price is .05 cents it is sitting at .42 cents as I type

This Tech is Beyond Block-Chain
 

America 1st

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AmericanViking

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Buddy of mine just asked me about PI which is a digital currency created by Stanford grads or professors or something.

Anyone know much?
 

America 1st

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Tick. Tock.
Deep state always let's you know which way they intend to go.
 

JordanPetersHorn

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Anybody here know how to transfer BAT.X from Brave browser to my Coinbase account?
No idea, good luck getting Coinbase support on the phone either. I transferred all my stuff off there

“not your keys, not your bitcoin” -a friend I trust telling me about the stupidity of holding in Coinbase
 
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America 1st

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View attachment 11324
How you know it’s baseless propaganda and how I know Bitcoin is still heavily undervalued
I mean nothing in the red box is inaccurate cuz cryptos are awful but I'm impressed you would even have the patience to read a bloomberg article.

I didn't lol. I just read the title of the article. Deep state gonna deep state.
 

JordanPetersHorn

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I mean nothing in the red box is inaccurate cuz cryptos are awful but I'm impressed you would even have the patience to read a bloomberg article.

I didn't lol. I just read the title of the article. Deep state gonna deep state.
I mean they also referred to something as “Meganthestallioncoin”, but I wanted to scour through to find something that unequivocally signals deep state propaganda efforts

And they make the same mistake you do at times in assuming “yeah the government will design a much better one that’s not a,b,c” with no mechanics to back up that claim. It almost makes me happy though that the deep state thinks it’s that simple because it means it’s that much further from getting implemented in time to beat out bitcoin
 

America 1st

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I mean they also referred to something as “Meganthestallioncoin”, but I wanted to scour through to find something that unequivocally signals deep state propaganda efforts

And they make the same mistake you do at times in assuming “yeah the government will design a much better one that’s not a,b,c” with no mechanics to back up that claim. It almost makes me happy though that the deep state thinks it’s that simple because it means it’s that much further from getting implemented in time to beat out bitcoin
Bitcoin has already been beat.

I Shirley won't change your mind but again the deep state wins either way with Bitcoin. It's just another vehicle for them to achieve their goals.
 

JordanPetersHorn

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Bitcoin has already been beat.

I Shirley won't change your mind but again the deep state wins either way with Bitcoin. It's just another vehicle for them to achieve their goals.
Beat?

Why would they push a vehicle that limits their own power to interfere?

I get completely that they would attempt to mess with crypto, but disagree completely that they’re thrilled about the prospect of cryptocurrencies existing or that it’s somehow part of their plan. They would love everyone to keep using that dollar and manipulating supply to control the economy for eternity.

And you’re not changing my mind because you’re not presenting any convincing use case or example of how the government could mess with it that would present any fundamental risk to it. As @MortgageHorn put it, you can’t just keep saying it can be fucked with and it all of a sudden become true
 

America 1st

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Beat?

Why would they push a vehicle that limits their own power to interfere?

I get completely that they would attempt to mess with crypto, but disagree completely that they’re thrilled about the prospect of cryptocurrencies existing or that it’s somehow part of their plan. They would love everyone to keep using that dollar and manipulating supply to control the economy for eternity.

And you’re not changing my mind because you’re not presenting any convincing use case or example of how the government could mess with it that would present any fundamental risk to it. As @MortgageHorn put it, you can’t just keep saying it can be fucked with and it all of a sudden become true
Cryptos are fiat that require another fiat to be worth anything currently.

They are 2 degrees of manipulation as opposed to one with a currency like the dollar.

I've presented plenty of ways that it's fundamentally at risk and why it doesn't make for good currency. Just cuz you don't accept them doesn't mean they aren't legit.

Doesn't bother me and I'm sure y'all will continue to make more 'money' over the next couple of years but it's funny to watch the circular logic never end lol

India is just the first domino (we both know it) and that a pretty big part of the global economy. It's not like I didn't call it too.
 

JordanPetersHorn

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Cryptos are fiat that require another fiat to be worth anything currently.

They are 2 degrees of manipulation as opposed to one with a currency like the dollar.

I've presented plenty of ways that it's fundamentally at risk and why it doesn't make for good currency. Just cuz you don't accept them doesn't mean they aren't legit.

Doesn't bother me and I'm sure y'all will continue to make more 'money' over the next couple of years but it's funny to watch the circular logic never end lol

India is just the first domino (we both know it) and that a pretty big part of the global economy. It's not like I didn't call it too.
What are the degrees of manipulation?
 

America 1st

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What are the degrees of manipulation?
If going off of what you've said previously then not only are they fiat and manipulated themselves, including Bitcoin, but they require more 'fiat' currency (dollar) to be 'worth' anything.

They're a wet dream for the central banks not some sorta central bank killers 😂🤣😂
 

JordanPetersHorn

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If going off of what you've said previously then not only are they fiat and manipulated themselves, including Bitcoin, but they require more 'fiat' currency (dollar) to be 'worth' anything.

They're a wet dream for the central banks not some sorta central bank killers 😂🤣😂
Wrong in it can’t be manipulated in the same way I’m not sure what ur talking about,maybe the nature of it being digital in the first place? and wrong about being fiat (cause the underlying tech is worth something alone)

I will say again, provide any technical use case or any method by which they can do something to a distributed currency and we can have a real discussion. I’m the one that keeps asking you and you’re going for the same circular arguments of “oh it’s a fiat!” “It’s a central bankers dream” “they’ll just attack the platforms and exchanges” once you start doing the research and realize how few avenues are available to them we may come to the same conclusions.
 

UNC71-00

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I need some help- I have a little bit of XRP that I am sick of holding and want to either sell or convert to another crypto. The problem is that US citizens cannot trade XRP right now- how do I work around this?

And if the answer is "set up a trade account using a VPN", can anyone ELI5 as to how to do this?
 

JordanPetersHorn

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I need some help- I have a little bit of XRP that I am sick of holding and want to either sell or convert to another crypto. The problem is that US citizens cannot trade XRP right now- how do I work around this?

And if the answer is "set up a trade account using a VPN", can anyone ELI5 as to how to do this?
For VPN I use Nord but they had a data breach a while back in Stockholm so there’s probably a better one you can find. I like it cause the UI is so smooth and works well on my phone as well. It will give you access to just about every country so you can literally sit switch between them all until whatever trading platform allows you to do whatever you want
 

UNC71-00

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For VPN I use Nord but they had a data breach a while back in Stockholm so there’s probably a better one you can find. I like it cause the UI is so smooth and works well on my phone as well. It will give you access to just about every country so you can literally sit switch between them all until whatever trading platform allows you to do whatever you want
Ok-- found a VPN that works. My issue now is that the platforms all seem to want to verify identity in order to allow trading. Do I just make some shit up?
 

BigBucnNole

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I was reading somewhere about the amount of energy it takes to fuel the bitcoin mining operations. I think this is extremely early stages of the beginning of currencies dropping the ""coin or dollars or yuan or whatever, and going straight to energy being the medium of exchange.
 

JordanPetersHorn

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I was reading somewhere about the amount of energy it takes to fuel the bitcoin mining operations. I think this is extremely early stages of the beginning of currencies dropping the ""coin or dollars or yuan or whatever, and going straight to energy being the medium of exchange.
I thought the Latest Alex Jones talk was them doing Carbon as the exchange since it encompasses everything
 

JordanPetersHorn

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Ok-- found a VPN that works. My issue now is that the platforms all seem to want to verify identity in order to allow trading. Do I just make some shit up?
I don’t have any experience with the platform you’re using so I can’t give a definitive answer, apologies sir
 

America 1st

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Wrong in it can’t be manipulated in the same way I’m not sure what ur talking about,maybe the nature of it being digital in the first place? and wrong about being fiat (cause the underlying tech is worth something alone)

I will say again, provide any technical use case or any method by which they can do something to a distributed currency and we can have a real discussion. I’m the one that keeps asking you and you’re going for the same circular arguments of “oh it’s a fiat!” “It’s a central bankers dream” “they’ll just attack the platforms and exchanges” once you start doing the research and realize how few avenues are available to them we may come to the same conclusions.
We'll fundamentally never agree apparently. If you can't even accept that it is fiat or the technical and practical case examples I've provided, like how you said countries would never do what I warned you India would end up doing and did, then we'll Shirley never even be able to have reasonable discussion on the topic.

It doesn't bother me either just hope people don't get fucked while putting profits over country
 
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JordanPetersHorn

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We'll fundamentally never agree apparently. If you can't even accept that it is fiat or the technical and practical case examples I've provided, like how you said countries would never do what I warned you India would end up doing and did, then we'll Shirley never even be able to have reasonable discussion on the topic.

It doesn't bother me either just hope people don't get fucked while putting profits over country
I was the one who brought up India?

What cases were they specifically? I’m not tryna be a dick I’ll admit when I’m wrong I just don’t recall any technical cases other than policing exchanges which we’ve already discussed is a non starter
 

America 1st

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I was the one who brought up India?

What cases were they specifically? I’m not tryna be a dick I’ll admit when I’m wrong I just don’t recall any technical cases other than policing exchanges which we’ve already discussed is a non starter
Lol what India did is exactly what I told you countries would begin to do to Bitcoin and other cryptos. I had used that example and you claimed it was a non starter because it would never happen; then it did.

Technically speaking any crypto can be manipulated by controlling the hubs or the internet which will just get easier and easier as countries follow the India model (as just one example). Most don't even have a frequency cut off in their algorithms as things stand today.

Furthermore, the onus falls on Bitcoin to prove that they can not be manipulated thru end of mining and then post mining. The claim that they have a set frequency cannot be proven until mining is done and even then that would need to hold for a couple decades, at least, to be anything more than a hope and a prayer.

Given that we know cryptos are inherently negative sum producing as far a resource and energy consumption go there isn't many benefits cryptos other than a few people raking in some quick 'fiat'.

Blockchain as a technology is a separate discussion and useful tech but it seems many people that are bullish on cryptos can't separate the ideas of how currencies and economies function from blockchain as a whole. It's useful tech but shouldn't and isn't beneficial to use in every situation.
 

JordanPetersHorn

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Lol what India did is exactly what I told you countries would begin to do to Bitcoin and other cryptos. I had used that example and you claimed it was a non starter because it would never happen; then it did.

Technically speaking any crypto can be manipulated by controlling the hubs or the internet which will just get easier and easier as countries follow the India model (as just one example). Most don't even have a frequency cut off in their algorithms as things stand today.

Furthermore, the onus falls on Bitcoin to prove that they can not be manipulated thru end of mining and then post mining. The claim that they have a set frequency cannot be proven until mining is done and even then that would need to hold for a couple decades, at least, to be anything more than a hope and a prayer.

Given that we know cryptos are inherently negative sum producing as far a resource and energy consumption go there isn't many benefits cryptos other than a few people raking in some quick 'fiat'.

Blockchain as a technology is a separate discussion and useful tech but it seems many people that are bullish on cryptos can't separate the ideas of how currencies and economies function from blockchain as a whole. It's useful tech but shouldn't and isn't beneficial to use in every situation.
India doesn’t have a model yet because they haven’t implemented it so it doesn’t qualify as a technical use case. Just because they threw the law in the table doesn’t mean they’ve demonstrated the ability to do what you’re talking about. I never disagreed that they would try to manipulate it either that’s our main point of common ground, but the disagreement is over you thinking it’s just a slam dunk they can do those things with no evidence to back you up. And I more brought that example up to showcase how futile their efforts really are going to be to implement it because that was your main argument in the earlier parts of our dialogue.

“controlling the hubs or the internet”
-THERE
-ARE
-NO
-HUBS
Not sure if ur just trolling at this point. You can talk shit about managed key services like Coinbase being vulnerable
And I’ll agree wholeheartedly that’s why I pulled stuff off them, but a majority can and does happen anonymously through the tor exchanges.
 
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