Welcome to our New Forums!

Our forums have been upgraded and expanded!

Welcome to Our New Forums

  • Our forums have been upgraded! You can read about this HERE

Bitcoin, China, New World Order.

Ol argedco luciftias

Well-known member
Joined
Dec 4, 2017
Messages
8,799
Location
Duat, Orion
Henu the Great said:
Taurus said:
so, what is exactly can happen to every day people? internet issues? i dont get it
Depending on region of course, but things like power outages, shortage of food and lack of available cash are more extreme consequences of enemy playing with computers. Maybe a push for cashless society is coming for some parts of the world.

Less consequential things are such as lack of available internet access be it for desktop or mobile or some sites not available for a period of time or indefinitely. Who knows, this is a speculation.
Remove all cash from everybody, transfer the whole world to using bitcoin. There are warehouses in China with thousands or even millions of computers working on bitcoin mining, so China and Israel will always have the majority of all bitcoins. Every person who starts using it only makes them stronger by making their millions of bitcoins more valuable. All of the regular people will probably only be 1% of the bitcoin that exists, with China and Israel owning the other 99%.

Then step 2, you shut off all the electricity and shut off the internet. How do you pay with your bitcoin when there is no power? You could have used cash regardless of if there is any electricity, but cash does not exist anymore. This exact situation was done in Venezuela a couple years ago. They made the Venezuelan cash worth very little, then they got many Venezuelans to switch to things like Bitcoin, then they shut off all the electricity. Millions of people were starving because there was no way to buy any food with no currency. The store can't take bitcoin when there is no electricity for the computers. They were forced to eat rats and dogs just to survive.


I am not saying to only trust cash. But I do think that cash has to be what people continue to use as currency. But cash can be easily devalued and made worthless. Look at Zimbabwe where cash became so worthless that they were printing Trillion dollar bills. And even a Trillion Zimbabwe dollars is worth nothing now. Same thing is being done to America. The majority of all American dollars in all of American history, have all been printed in the last year.

American currency is being forced to become worthless, so that the chinese money will become the new currency that most of the world is based on. This is one of the last steps that creates the World Communist Government. The New World Order, the Messianic World Government owned and controlled by the 12 Tribes of Israel.
 
Bitcoin is not the problem nor it is the enemy. It is central banking digital currency, ie, issued in the same bullshit manner such as Fiat or paper currency.

Bitcoin is actually a force against this and a defensive barrier. Who mines the "Bitcoin" and if China does this, is half the truth, as most of the mined Bitcoin doesn't stay in China.

Bitcoin cannot be seized, controlled, blocked. The Communists know it and they try to stop it by taking the supply hoping to manipulate it.

Turn to Decentralized Finance and Bitcoin is not negative. It's people being fed up with the enemy's system of restrictions.

If they make internet fallout on a digitized currency, people will not want to deal with it anymore, and therefore, they will shit on their own plan. Fiat on the other hand can become toilet paper not before long, so digital is not in itself a solution.

Bitcoin is not the cure but it's not the illness either. Nothing is more BS than fiat. China nor nobody else expects to get rich from "Bitcoin", as central govs like China and the US, can print to eternity with no restrictions.
 
HP. Hoodedcobra666 said:
Nothing is more BS than fiat.

I agree with the bitcoin thing it's pretty neat and while I was running into it in the early 2010s about late 2011/early-2012. I never bothered with it even my computer at the time was woefully outdated. It seems many people now a days noticed bitcoin kinda started on the beginnings of MASS internet and smartphone propagation. So it kinda ruined a few people by not having as much success as it is now.

I guess what I'm trying to state humanity screws itself over by not providing adequate platform for the bitcoin systems. ONLY now in the last 3-5 years did bitcoin and other crypto explode into popularity.

Now unto the quote of topic.

Isn't Fiat currency the best? Wasn't the NS Government Centralized Bank Fiat currency with laws eliminating inflation/deflation/tax/debt/usuary/and interest on manufacture of currency?

Did you mean the Fiat currency that currently exists in a rothschild owned private banks the BS you speak of?

Also you mention the Governments like the U.S. mass printing yeah of course they are gonna do it and funny enough it's gonna work. Despite the fact we manufactured 36% of the currency from February 2020 leading to the next few weeks and months about going from 6ish trillion to 18ish trillion. The funny part is the U.S. can just keep printing money and crashing the debt from it on the Petrodollar. So long as the World uses Petrodollars the U.S. can just keep printing.
 
Ol argedco luciftias said:

Read on the Bitcoin if you have time. I was also biased to the end about it, until I understood how it worked.

The enemy is mad over that this happened, which is why you have every old turd jew in TV saying shit like "OY VEY THEY ARE FINANCING CRIME OY VEY" every day.
 
Gear88 said:
HP. Hoodedcobra666 said:
Nothing is more BS than fiat.

I agree with the bitcoin thing it's pretty neat and while I was running into it in the early 2010s about late 2011/early-2012. I never bothered with it even my computer at the time was woefully outdated. It seems many people now a days noticed bitcoin kinda started on the beginnings of MASS internet and smartphone propagation. So it kinda ruined a few people by not having as much success as it is now.

I guess what I'm trying to state humanity screws itself over by not providing adequate platform for the bitcoin systems. ONLY now in the last 3-5 years did bitcoin and other crypto explode into popularity.

Now unto the quote of topic.

Isn't Fiat currency the best? Wasn't the NS Government Centralized Bank Fiat currency with laws eliminating inflation/deflation/tax/debt/usuary/and interest on manufacture of currency?

Did you mean the Fiat currency that currently exists in a rothschild owned private banks the BS you speak of?

Also you mention the Governments like the U.S. mass printing yeah of course they are gonna do it and funny enough it's gonna work. Despite the fact we manufactured 36% of the currency from February 2020 leading to the next few weeks and months about going from 6ish trillion to 18ish trillion. The funny part is the U.S. can just keep printing money and crashing the debt from it on the Petrodollar. So long as the World uses Petrodollars the U.S. can just keep printing.

When a government prints you a dollar which a few years later is worth 0.35 cents because they print it to no end, it quickly becomes toilet paper.

Meanwhile if a government did what Bitcoin does which is 0.000001 Bitcoin costing 0.01 cents all the way to 1 buck, in the span of one's life, if one saved money, they would become rich.

Rothschild literally owns the central bank of the United States as a private sector and they do as they see fit.

The US keeping the printer going brrrrrrrrrrrr will basically bankrupt all the rich, and all citizens, causing a fallout of the value of the dollar. It's been on the decline as is. But they don't give a fuck and they will keep printing no matter what.
 
If the Dollar keeps being devalued, the Chinese money will by default become the next "Desirable" currency to replace the petrodollar.

No amount of Bitcoins can satisfy the world's global needs since there will not be many printed after a point.
 
HP. Hoodedcobra666 said:
Gear88 said:
HP. Hoodedcobra666 said:
Nothing is more BS than fiat.

I agree with the bitcoin thing it's pretty neat and while I was running into it in the early 2010s about late 2011/early-2012. I never bothered with it even my computer at the time was woefully outdated. It seems many people now a days noticed bitcoin kinda started on the beginnings of MASS internet and smartphone propagation. So it kinda ruined a few people by not having as much success as it is now.

I guess what I'm trying to state humanity screws itself over by not providing adequate platform for the bitcoin systems. ONLY now in the last 3-5 years did bitcoin and other crypto explode into popularity.

Now unto the quote of topic.

Isn't Fiat currency the best? Wasn't the NS Government Centralized Bank Fiat currency with laws eliminating inflation/deflation/tax/debt/usuary/and interest on manufacture of currency?

Did you mean the Fiat currency that currently exists in a rothschild owned private banks the BS you speak of?

Also you mention the Governments like the U.S. mass printing yeah of course they are gonna do it and funny enough it's gonna work. Despite the fact we manufactured 36% of the currency from February 2020 leading to the next few weeks and months about going from 6ish trillion to 18ish trillion. The funny part is the U.S. can just keep printing money and crashing the debt from it on the Petrodollar. So long as the World uses Petrodollars the U.S. can just keep printing.

When a government prints you a dollar which a few years later is worth 0.35 cents because they print it to no end, it quickly becomes toilet paper.

Meanwhile if a government did what Bitcoin does which is 0.000001 Bitcoin costing 0.01 cents all the way to 1 buck, in the span of one's life, if one saved money, they would become rich.

Rothschild literally owns the central bank of the United States as a private sector and they do as they see fit.

The US keeping the printer going brrrrrrrrrrrr will basically bankrupt all the rich, and all citizens, causing a fallout of the value of the dollar. It's been on the decline as is. But they don't give a fuck and they will keep printing no matter what.

Am I understanding u correctly ... the more money a country prints the more that money devalues ?
 
HP. Hoodedcobra666 said:
Meanwhile if a government did what Bitcoin does which is 0.000001 Bitcoin costing 0.01 cents all the way to 1 buck, in the span of one's life, if one saved money, they would become rich.

HP. Hoodedcobra666 said:
Read on the Bitcoin if you have time. I was also biased to the end about it, until I understood how it worked.

The enemy is mad over that this happened, which is why you have every old turd jew in TV saying shit like "OY VEY THEY ARE FINANCING CRIME OY VEY" every day.

I see interesting. Mind sharing any videos or youtube or any good websites to learn about it.

I KNEW about it and KNOW about it but it seems like after your studies you radically went from a hater and a potential this got scam/enemy written all over. To basically going Hmm brilliant.

I assume this is one of the Aquarian traits bleeding into our era of existence?

BTW just to point out at current rate the Market Cap of Bitcoin is closing in on a trillion dollars. About 989billion+ area.
 
Therealbornoffire666 said:
Am I understanding u correctly ... the more money a country prints the more that money devalues ?
Read The Creature From the Jekyll Island to understand how central banking works and how our money is siphoned off to benefit the few.

https://www.qwant.com/?q=The+Creature+from+Jekyll+Island&client=ext-firefox-sb
 
All the plebs that invested in Bitcoin are filthy rich now.
 
Therealbornoffire666 said:
HP. Hoodedcobra666 said:
Gear88 said:
I agree with the bitcoin thing it's pretty neat and while I was running into it in the early 2010s about late 2011/early-2012. I never bothered with it even my computer at the time was woefully outdated. It seems many people now a days noticed bitcoin kinda started on the beginnings of MASS internet and smartphone propagation. So it kinda ruined a few people by not having as much success as it is now.

I guess what I'm trying to state humanity screws itself over by not providing adequate platform for the bitcoin systems. ONLY now in the last 3-5 years did bitcoin and other crypto explode into popularity.

Now unto the quote of topic.

Isn't Fiat currency the best? Wasn't the NS Government Centralized Bank Fiat currency with laws eliminating inflation/deflation/tax/debt/usuary/and interest on manufacture of currency?

Did you mean the Fiat currency that currently exists in a rothschild owned private banks the BS you speak of?

Also you mention the Governments like the U.S. mass printing yeah of course they are gonna do it and funny enough it's gonna work. Despite the fact we manufactured 36% of the currency from February 2020 leading to the next few weeks and months about going from 6ish trillion to 18ish trillion. The funny part is the U.S. can just keep printing money and crashing the debt from it on the Petrodollar. So long as the World uses Petrodollars the U.S. can just keep printing.

When a government prints you a dollar which a few years later is worth 0.35 cents because they print it to no end, it quickly becomes toilet paper.

Meanwhile if a government did what Bitcoin does which is 0.000001 Bitcoin costing 0.01 cents all the way to 1 buck, in the span of one's life, if one saved money, they would become rich.

Rothschild literally owns the central bank of the United States as a private sector and they do as they see fit.

The US keeping the printer going brrrrrrrrrrrr will basically bankrupt all the rich, and all citizens, causing a fallout of the value of the dollar. It's been on the decline as is. But they don't give a fuck and they will keep printing no matter what.

Am I understanding u correctly ... the more money a country prints the more that money devalues ?

Yes, this is how fiat money works.

More money, less value in the already existing money.

I know it sounds insane but this is how it works.
 
Ol argedco luciftias said:
Remove all cash from everybody, transfer the whole world to using bitcoin. There are warehouses in China with thousands or even millions of computers working on bitcoin mining, so China and Israel will always have the majority of all bitcoins. Every person who starts using it only makes them stronger by making their millions of bitcoins more valuable. All of the regular people will probably only be 1% of the bitcoin that exists, with China and Israel owning the other 99%.
It's actually like HC said - governments will implement their own 100% electric currency without any paper alternative. Totally controllable in every and all ways without any possibility for citizens to have privacy about it. Well, that's the plan anyway, I don't know how far it will go due to our spiritual efforts.

In such a case if Bitcoin is still around - which is very possible - will remain at the side of it, but it will be impossible in such a case to have any anonymity with it. Anonymity with Bitcoin has been made harder and harder as years have passed by, but it's still possible.

American currency is being forced to become worthless, so that the chinese money will become the new currency that most of the world is based on. This is one of the last steps that creates the World Communist Government. The New World Order, the Messianic World Government owned and controlled by the 12 Tribes of Israel.
One of the paths of enemy plans is to make this world "multipolar" instead of current status of "unipolar". That means Chinese Yuan as a new reserve currency with Russia by their side. US would be like a new Africa. Povery for most with a few oligarchs to amass the money and wealth. To think of it there has been massive project on that regard for decades. Shifting production to China which begun at 90s was one big hit for US middle class. Now we get cheap shit from China at the expense of our own well being in the long term instead of strong national economies working in harmony and co-operation with each other. Perverse shit, amirite? It motivates me greatly to better myself when I see this whole planet and everyone suffer so much for the sake of jewish "wellbeing". In time, we shall turn it back into the natural order of things.
 
What was the National Socialist "Financial System"?
https://ancient-forums.com/viewtopic.php?f=24&t=19327

The Nazi's Created Free Energy To Liberate The World From The Jewish Oil And Banker Grip
https://ancient-forums.com/viewtopic.php?f=24&t=4898

The Jews Slaughter Of Baku, Nobel Oil And Tesla
https://ancient-forums.com/viewtopic.php?f=24&t=8884

Your Financial Slavery Explained
https://ancient-forums.com/viewtopic.php?f=24&t=11968

The Ancient Financial System Explained
https://ancient-forums.com/viewtopic.php?f=24&t=3356

Trump, Socialism, USA, Hitler, and Bernie
https://ancient-forums.com/viewtopic.php?f=24&t=17917


Money
www.youtube.com/watch?v=-0kcet4aPpQ
 
Ol argedco luciftias said:
What was the National Socialist "Financial System"?
https://ancient-forums.com/viewtopic.php?f=24&t=19327

The Nazi's Created Free Energy To Liberate The World From The Jewish Oil And Banker Grip
https://ancient-forums.com/viewtopic.php?f=24&t=4898

The Jews Slaughter Of Baku, Nobel Oil And Tesla
https://ancient-forums.com/viewtopic.php?f=24&t=8884

Your Financial Slavery Explained
https://ancient-forums.com/viewtopic.php?f=24&t=11968

The Ancient Financial System Explained
https://ancient-forums.com/viewtopic.php?f=24&t=3356

Trump, Socialism, USA, Hitler, and Bernie
https://ancient-forums.com/viewtopic.php?f=24&t=17917


Money
www.youtube.com/watch?v=-0kcet4aPpQ

Yes good you've posted this before almost word for word.

P.S.: Not to rag on Pink Floyd besides the politics and certain kinda druggie music. But a few years ago on the radio it seemed PF got REAL popular and was overplayed. To be honest they are kinda overrated cause everyone likes them no matter what. I'm not denying their talent but I got bored of the radio always playing PF.

Anyways...

Is it worth to learn about bitcoin if you don't posses any and just wanting to learn for the sake of learning? Are there any good resources to learn about it?

Seems like HP.Cobra did a 180 on bitcoins. I know it COULD be used negatively and in some instances yes it is. But it seems cryptos are all the rage now a days have been since about 2017 when the mass mining of it occurred and even gamers experienced GPU shortages.

Anyways besides youtube any good channels or websites to learn about it?
 
This is extremely interesting.

I've been investing in cryptocurrencies for years, I know something about it.

I have enough crypto money, but I wouldn't recommend anyone to invest.

I would rather put the money you are ready to lose.

As for crypto and freedom, I think crypto is a tool created for freedom and anonymity, but like all tools it can also be used for opposite purposes.

Jews are trying in every way to use crypto as a tool to control people, imagine the scenario where a government loads you money on a flash drive and at any time it can deduct it from you this is very bad, but if they want they can also do it with a bank account, so what changes?

now imagine this an anonymous pen (already there are many) without name without surname without with only a password and which always remains offline except for transactions, when you make transactions it goes online, this is very anonymous, very safe and very free.

governments are trying to put a lot of rules on crypto, they have destroyed xrp sending billions of dollars up in smoke (including some of my money, which I recovered haahah) and they want to control transactions, but the crypto world has created the defi (finance decentralized) go and read what it is, and how much it makes everything safe and free.

defi is the only thing that can save crypto from Jewish control.

we should also talk about the major exchanges that manage billions and could steal them when they want, with cold storage and the defi this will not happen.

moreover, exchanges can delist cryptocurrencies by causing their prices to collapse, with the defi this will not happen.

moreover, Bitcoin will never become an efficient payment method
- too much time for transactions
-transactions too high
Each crypto currency has its own technology and its own usefulness, some blockchains can be used for purposes such as elections (very nefarious purpose because it exposes certain frauds)
and for many other purposes.

cryptocurrencies are a huge world that offers billions of possibilities and that is still forming they have many possibilities for better or for worse our rtr will direct them for good.
 
Ol argedco luciftias said:
What was the National Socialist "Financial System"?
https://ancient-forums.com/viewtopic.php?f=24&t=19327

The Nazi's Created Free Energy To Liberate The World From The Jewish Oil And Banker Grip
https://ancient-forums.com/viewtopic.php?f=24&t=4898

The Jews Slaughter Of Baku, Nobel Oil And Tesla
https://ancient-forums.com/viewtopic.php?f=24&t=8884

Your Financial Slavery Explained
https://ancient-forums.com/viewtopic.php?f=24&t=11968

The Ancient Financial System Explained
https://ancient-forums.com/viewtopic.php?f=24&t=3356

Trump, Socialism, USA, Hitler, and Bernie
https://ancient-forums.com/viewtopic.php?f=24&t=17917
Thanks for these. I read these and as I was reading
Hitler was also on many occasions bashed over the fact he did not throw the rich on the street to "distribute their wealth" to the poor. Does by killing a star of one's own race, one create many stars, or do they just kill a star for no reason, to feed unproductive black holes, such as the "Socialists" who had these ideas? from What was the National Socialist "Financial System"? I was reminded of one of my earlier posts about when I posted that coca cola should be liqudated, and assests shared to public or used in public services.

https://www.ancient-forums.com/viewtopic.php?f=3&t=52637 - Coca Cola Forces Employees to Complete Online Training Telling Them to 'Try to be Less White'

So maybe a better approach would be to kick out the jews at first, take control of their assests in the process, but not neccessarily redistribute them right away, or at all but keep the company in Gentile ownership and change the products to more healthy ones by eliminating most if not all of the sugar and so on. The massive wealth that this and many other companies amass could be used at the company board discretion to help with building a better society. I don't know... What I do know is that there is a massive amount of money and wealth just sitting in somewhere and also most of our hard effort is taken away from us to benefit the few at the top never to be seen again. There would be so much prosperity for us all if it wasn't for the parasitic jew at the top striking their rod on the ground yelling instructions.
Money
www.youtube.com/watch?v=-0kcet4aPpQ
Great song.
 
SS66610888 said:
I've been investing in cryptocurrencies for years, I know something about it.

Would you state the people whom have stated invest in metals(Gold, Silver, Platinum etc.etc.) ARE more preparatory than the crypto market?

I know if things happen poof crypto is gone i.e. electrical removal a.l.a Texas for example in recent times. And stock market well that too is kinda like crypto i.e. electricity.

But some have stated convert your dollars i.e. toilet paper into metals. There is value in the metals even IF said market collapses and there is no appropriate backing for speculation.

Just recently I received some metals two platinum coins, a tiny bullion bar of gold and a tiny bullion bar of platinum both the gold and platinum are in plastic covering with information and basically bought from a professional metal investor/trader company, apparently one of the best if not the best U.S. market metal company. For the future as my family member said.

Would it be fair to state this is a better investment than crypto. Minus the fact crypto is hot now a days but what I mean is slowly over time purchase more metals just in case i.e. gain money from crypto and use the gain for investing into metals. And not just crypto gains but even use our own finances to gain more metal.

Is this good in the long run?
 
Metals are at least now, way better investment than cryptos. You can exchange goods for metals, but cryptos are not as widely accepted in that regard. Also metals are more tangible than electric running through circuit, so there's that.
 
Gear88 said:
Ol argedco luciftias said:

...

Seems like HP.Cobra did a 180 on bitcoins. I know it COULD be used negatively and in some instances yes it is. But it seems cryptos are all the rage now a days have been since about 2017 when the mass mining of it occurred and even gamers experienced GPU shortages.

Anyways besides youtube any good channels or websites to learn about it?

I don't recall speaking bad on Bitcoin specifically. If you have a post here, then repost and I'll address of course.

But my memory rarely fails on these as I only read about Bitcoin recently so I would never comment on something I did not entirely understood of how it worked.

I do in fact see high danger in "Digital Currencies", which now I further clarify, what I am hating on, is specifically "Central Banking Coins", or the extension of the already existing system into the Digital Age, based on Fiat money. Such as Digital Dollar or Euro by central banks.

Bitcoin seems like a far sounder system and fairer system. It still leaves problems unresolved however, but it's better than Fiat or Digital Banking Coins.
 
HP. Hoodedcobra666 said:
Gear88 said:
Ol argedco luciftias said:

...

Seems like HP.Cobra did a 180 on bitcoins. I know it COULD be used negatively and in some instances yes it is. But it seems cryptos are all the rage now a days have been since about 2017 when the mass mining of it occurred and even gamers experienced GPU shortages.

Anyways besides youtube any good channels or websites to learn about it?

I don't recall speaking bad on Bitcoin specifically. If you have a post here, then repost and I'll address of course.

But my memory rarely fails on these as I only read about Bitcoin recently so I would never comment on something I did not entirely understood of how it worked.

I do in fact see high danger in "Digital Currencies", which now I further clarify, what I am hating on, is specifically "Central Banking Coins", or the extension of the already existing system into the Digital Age, based on Fiat money. Such as Digital Dollar or Euro by central banks.

Bitcoin seems like a far sounder system and fairer system. It still leaves problems unresolved however, but it's better than Fiat or Digital Banking Coins.


He's confusing you with kikeson. What's interesting is that last night I randomly wanted to remember which of you two spoke against bitcoin because of what's going on this world with the money issue and I kept having the warning of not getting into crypto replayed in my mind until I wanted to remember who exactly said this stuff. I remember clearly it being him speaking against bitcoin. He made many posts speaking against it.

He could of just been speaking out of his ass I guess but that makes him look worse.

I can't recall anytime you speaking bad against it either.
 
Ol argedco luciftias said:
Henu the Great said:
Taurus said:
so, what is exactly can happen to every day people? internet issues? i dont get it
Depending on region of course, but things like power outages, shortage of food and lack of available cash are more extreme consequences of enemy playing with computers. Maybe a push for cashless society is coming for some parts of the world.

Less consequential things are such as lack of available internet access be it for desktop or mobile or some sites not available for a period of time or indefinitely. Who knows, this is a speculation.
Remove all cash from everybody, transfer the whole world to using bitcoin. There are warehouses in China with thousands or even millions of computers working on bitcoin mining, so China and Israel will always have the majority of all bitcoins. Every person who starts using it only makes them stronger by making their millions of bitcoins more valuable. All of the regular people will probably only be 1% of the bitcoin that exists, with China and Israel owning the other 99%.

Then step 2, you shut off all the electricity and shut off the internet. How do you pay with your bitcoin when there is no power? You could have used cash regardless of if there is any electricity, but cash does not exist anymore. This exact situation was done in Venezuela a couple years ago. They made the Venezuelan cash worth very little, then they got many Venezuelans to switch to things like Bitcoin, then they shut off all the electricity. Millions of people were starving because there was no way to buy any food with no currency. The store can't take bitcoin when there is no electricity for the computers. They were forced to eat rats and dogs just to survive.


I am not saying to only trust cash. But I do think that cash has to be what people continue to use as currency. But cash can be easily devalued and made worthless. Look at Zimbabwe where cash became so worthless that they were printing Trillion dollar bills. And even a Trillion Zimbabwe dollars is worth nothing now. Same thing is being done to America. The majority of all American dollars in all of American history, have all been printed in the last year.

American currency is being forced to become worthless, so that the chinese money will become the new currency that most of the world is based on. This is one of the last steps that creates the World Communist Government. The New World Order, the Messianic World Government owned and controlled by the 12 Tribes of Israel.

In my opinion, digital money should be just one more form of money and never the only form. Like information and knowledge.

It is true that cash can be devalued and burned, and the same is true of knowledge written materially in books. Nothing is invincible and indestructible, but information in digital form I find even less secure. So, better in more forms and as resistant and secure as possible instead of the other way around. To have more security and guarantee.
 
Gear88 said:
SS66610888 said:
I've been investing in cryptocurrencies for years, I know something about it.

Would you state the people whom have stated invest in metals(Gold, Silver, Platinum etc.etc.) ARE more preparatory than the crypto market?

I know if things happen poof crypto is gone i.e. electrical removal a.l.a Texas for example in recent times. And stock market well that too is kinda like crypto i.e. electricity.

But some have stated convert your dollars i.e. toilet paper into metals. There is value in the metals even IF said market collapses and there is no appropriate backing for speculation.

Just recently I received some metals two platinum coins, a tiny bullion bar of gold and a tiny bullion bar of platinum both the gold and platinum are in plastic covering with information and basically bought from a professional metal investor/trader company, apparently one of the best if not the best U.S. market metal company. For the future as my family member said.

Would it be fair to state this is a better investment than crypto. Minus the fact crypto is hot now a days but what I mean is slowly over time purchase more metals just in case i.e. gain money from crypto and use the gain for investing into metals. And not just crypto gains but even use our own finances to gain more metal.

Is this good in the long run?

Bitcoin, and cryptocurrencies in general, are not an investment, this is pure speculation. I'm not saying that you can't make money from it, but I wouldn't invest my life savings into crypto. I would only use it for speculation, or gambling.

In the long run, gold is definitely a much, much better investment than crypto, or anything else, but it is extremely important that you have real gold, not futures, assets, or any other "paper gold"!

It's known for decades that the Federal Reserve doesn't have, or hold as much gold as they claim, and they have sold tons of assets of gold that are not backed by real gold. This means that the price of the real gold is much higher than the price of the paper gold (assets, futures, and so on) and that the paper gold might one day turn into a useless piece of paper. So if you have savings just buy real gold that you store in your home.

As for Bitcoin, and the cryptocurrencies in general, I think that the only reason their prices skyrocketed (as well as the prices of oil, natural gas, and the stock market in general) is not because the economy is recovering (it is not) or because it is a good investment. It is simply because there are much more money in circulation. The federal reserve, and the other banks print money like crazy, the Fed's balance sheet swell by more than $3 trillion in the past 1 year.

This can lead to only one things - inflation. The only reason people still don't see it in their everyday life is because inflation happens not when the Fed prints money, but when that money can't be absorbed by the economy.

In other words, when the Fed prints trillions, but these new money don't enter circulation, and the demand for goods is not increased, it's actually even decreased, as the people are much more cautious with spending their money, these trillions don't create inflation immediately, but they create giant prerequisites for inflation in the near future (maybe a few years, no one can tell) when the demand for goods is increased, and people find out that the supply is decreased, creating a shortage. Then the prices skyrocket, which creates mass hysteria, and panic buying which accelerates the whole thing even more.
 
DiscipleOfSatan said:
Gear88 said:
SS66610888 said:
I've been investing in cryptocurrencies for years, I know something about it.

Would you state the people whom have stated invest in metals(Gold, Silver, Platinum etc.etc.) ARE more preparatory than the crypto market?

I know if things happen poof crypto is gone i.e. electrical removal a.l.a Texas for example in recent times. And stock market well that too is kinda like crypto i.e. electricity.

But some have stated convert your dollars i.e. toilet paper into metals. There is value in the metals even IF said market collapses and there is no appropriate backing for speculation.

Just recently I received some metals two platinum coins, a tiny bullion bar of gold and a tiny bullion bar of platinum both the gold and platinum are in plastic covering with information and basically bought from a professional metal investor/trader company, apparently one of the best if not the best U.S. market metal company. For the future as my family member said.

Would it be fair to state this is a better investment than crypto. Minus the fact crypto is hot now a days but what I mean is slowly over time purchase more metals just in case i.e. gain money from crypto and use the gain for investing into metals. And not just crypto gains but even use our own finances to gain more metal.

Is this good in the long run?

Bitcoin, and cryptocurrencies in general, are not an investment, this is pure speculation. I'm not saying that you can't make money from it, but I wouldn't invest my life savings into crypto. I would only use it for speculation, or gambling.

In the long run, gold is definitely a much, much better investment than crypto, or anything else, but it is extremely important that you have real gold, not futures, assets, or any other "paper gold"!

It's known for decades that the Federal Reserve doesn't have, or hold as much gold as they claim, and they have sold tons of assets of gold that are not backed by real gold. This means that the price of the real gold is much higher than the price of the paper gold (assets, futures, and so on) and that the paper gold might one day turn into a useless piece of paper. So if you have savings just buy real gold that you store in your home.

As for Bitcoin, and the cryptocurrencies in general, I think that the only reason their prices skyrocketed (as well as the prices of oil, natural gas, and the stock market in general) is not because the economy is recovering (it is not) or because it is a good investment. It is simply because there are much more money in circulation. The federal reserve, and the other banks print money like crazy, the Fed's balance sheet swell by more than $3 trillion in the past 1 year.

This can lead to only one things - inflation. The only reason people still don't see it in their everyday life is because inflation happens not when the Fed prints money, but when that money can't be absorbed by the economy.

In other words, when the Fed prints trillions, but these new money don't enter circulation, and the demand for goods is not increased, it's actually even decreased, as the people are much more cautious with spending their money, these trillions don't create inflation immediately, but they create giant prerequisites for inflation in the near future (maybe a few years, no one can tell) when the demand for goods is increased, and people find out that the supply is decreased, creating a shortage. Then the prices skyrocket, which creates mass hysteria, and panic buying which accelerates the whole thing even more.

I agree that cryptocurrencies are not an investment but a speculation. in fact, as I said in the post above, I recommend investing only money that you are ready to lose.

I had made a more detailed answer on this yesterday but maybe it got lost.

I had about 20,000 euros of xrp at the end of december there was a huge collapse of xrp.
in a few hours from € 20,000 I have 5,000 left.

I personally put in the money I was ready to lose.

luckily with only 5,000 euros left I have invested in other currencies that have risen a lot, now I have about 40,000 euros of crypto currencies.

Crypto currencies are neither a safe haven nor an investment.

they are a high-risk speculation.

I think if you have the patience to keep them in the next few years, they can give you great wealth, but as you said it's a gamble.

So only put in the money you are ready to lose.

however, consider that even gold is not completely safe, of course it is much much much safer than crypto currencies, but nothing is completely safe, the safest way to keep money is cash that's why they want to take it away, or houses if yes you have
possibility.

my advice is to diversify your assets as much as possible, because nothing is completely safe.
 

Al Jilwah: Chapter IV

"It is my desire that all my followers unite in a bond of unity, lest those who are without prevail against them." - Satan

Back
Top