Is Bitcoin a Trojan Horse? Huge Financial Crises Will Be Engineered to Switch to CBDC - Lynette Zang

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Kitco NEWS

Kitco NEWS

Ай бұрын

Is Bitcoin a trojan horse to usher in a central bank digital currency (CBDC)? Lynette Zang, Founder & CEO of Zang Enterprises & LynetteZang.com, explores this topic with Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News. Zang sees a chance of a financial crisis being engineered to switch to a CBDC.
Did you like this clip? Watch the full interview here: • From Debt to Hyperinfl...
#Bitcoin #CBDC #crisis #currency #crypto
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Пікірлер: 1 200
@kitco
@kitco Ай бұрын
Liked this excerpt? Watch Lynette Zang’s full interview here: kzbin.info/www/bejne/m2S5nqZnnbiGm9U
@silverjedi3529
@silverjedi3529 Ай бұрын
Just because you didn't realize in advance Bitcoin was a Trojan Horse conditioning program doesn't mean that they weren't ALWAYS intending on (since before 2009) on doing ETFs & making part of the system. It was a setup for cryptosheeple from the beginning. Lynette, Chris Duane, Bill Holter & Peter Schiff have been trying to wake everyone up. SILVER/GOLD except no substitute ❗
@dongshengdi773
@dongshengdi773 Ай бұрын
Gold 🪙 is also a trojan horse
@Ourdirtytwo
@Ourdirtytwo Ай бұрын
I just like looking at Michelle Makori, there is an open marriage proposal
@Chuck68ify
@Chuck68ify Ай бұрын
​@@dongshengdi773Yeah, it's been money for that long and before Troy was built.😊
@bitcoinmillionaire28
@bitcoinmillionaire28 25 күн бұрын
THERE ARE MANY BITCOIN SHORT FUTURES TRADER IN U.S.A. $1,500,000,000 BILLION BITCOIN SHORT FUTURE TRADE POSITION. THEY ARE ALREADY SUPER RICH.
@Parzen753
@Parzen753 Ай бұрын
I read that Nvidia provides tech for crypto mining services/blockchain transactions. Could the current crypto pump be attributed to Nvidia’s great earnings and should I hold some crypto as well, cos tbh I’m having FOMO with the current crypto price at 64k.
@user-99.99
@user-99.99 Ай бұрын
If any market is manipulated it is the gold market.
@ronlanter6906
@ronlanter6906 Ай бұрын
Both metals and currency markets are completely manipulated
@kirktrussell9005
@kirktrussell9005 Ай бұрын
That is changing with BRICs. U.S. running the game, is coming to an end.
@tesskansas
@tesskansas Ай бұрын
I was updated on bitcoin at under $1. The technology to buy in back then, was not user friendly for low techs as myself.
@tesskansas
@tesskansas Ай бұрын
​@@ronlanter6906all commodities with any exposure to futures markets and direvatives are at-risk.
@prolific1518
@prolific1518 Ай бұрын
US stock market says hello
@rmz954
@rmz954 Ай бұрын
“Reassurances from republicans” is the most adorable statement I’ve ever heard. The uniparty despises the American people
@christaylor8337
@christaylor8337 Ай бұрын
I'd watch out typing u ni pa r ty. You will get a knock on your door at some point if you keep doing that.
@Habeev07
@Habeev07 Ай бұрын
Republicans are the lesser of two evils. And that's not even a debate.
@celebratedrazorworks6732
@celebratedrazorworks6732 Ай бұрын
Just watch how easily people roll over and forget everything after the 'election', never fails. It's called a red herring and it is an extremely effective tactic. Get people to blow their wad(reach climax) and all their steam goes right out of em. Impossible to reinitiate at the same intensity.
@steveb6718
@steveb6718 Ай бұрын
democracts despise humanity
@tovarco
@tovarco Ай бұрын
Yes...red/blue are just different sides of the same coin.
@PeterGualtieri
@PeterGualtieri Ай бұрын
Historically speaking Bitcoin doesnt do much immediately after the halving - but it does do impressive spikes and tops out around 18 or so months afterwards. No one can time the market, but I'd say it's worth considering entering a position at current prices and if further dips occur, just add to your position. Over the long run, there is a higher probability to the upside than the downside, .It's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 2.4Bitcoin to a decent 18Bitcoin in the space of a few months... I'm especially grateful to Kerrie Farrell, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.....
@TedStalets
@TedStalets Ай бұрын
I appreciate the professionalism and dedication of the team behind Kerrie’s trade signal service...
@rogercav40
@rogercav40 Ай бұрын
As a beginner, it's essential for you to have a mentor to keep you accountable.
@PatchettStalls
@PatchettStalls Ай бұрын
I've just looked up her full name on my browser and found her webpage without sweat, very much appreciate this..
@swayhulio
@swayhulio Ай бұрын
I agree with you and i believe that the secret to financial stability is having the right investment ideas to enable you earn more..
@RomanLansang
@RomanLansang Ай бұрын
She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing..
@KK-sg5gl
@KK-sg5gl Ай бұрын
Tell me you don’t understand bitcoin without telling me.
Ай бұрын
Understand this if you can!! Bitcoin is a SCAM OF EPIC PROPORTIONS, JUST LIKE THE STOCK MARKET.... THE ENTIRE SYSYEM IS RIGGED AND WILL MELT DOWN!!
@morningstar3188
@morningstar3188 Ай бұрын
💯 Bitcoin is the one thing that you just have to let someone talk about it to figure out whether they're a moron or not lol
@ATOR-GLADI
@ATOR-GLADI 18 күн бұрын
btc is pseudonymous ... it is traceable (see roger ver case) u can own non-kyc and kycd btc ... the trojan horse here is the govs goona make non-kyc btc illegal imo and let everyone kyc their wallets and btc more or less .. if u wanna onramp/offramp++ u gonna need kycd btc or else you need to survive on 3rd party
@anonymissed3611
@anonymissed3611 Ай бұрын
8:56 bitcoin discussed
@p00ka64
@p00ka64 Ай бұрын
TY. It is all that matters. Hard $ is the only answer. BTC is outside. Read the code…. She needs to study more….. wow. Cannot spend gold lol pawn shop.
@Evom777
@Evom777 Ай бұрын
Wrong. Nobody is using BTC for transactions, only investment. No utility, contrary to the myths that are pumped by celebs, Saylor and bots. Does anyone with so much as one functioning brain cell believe that the world's governments are going to allow a competing currency to have a level playing field with their own CBDCs? BTC's transactions aren't free, and they're not private. (Ask the pipeline hackers and other criminals how private it is?) I've bartered many things including gold & silver for FREE in completely private transactions. If I'm dealing with someone who needs verification of the metals......out comes the Sigma and a pocket pinger. Verification problem solved.
@Janet_Yellens_Liquidity
@Janet_Yellens_Liquidity Ай бұрын
​@p00ka64 Lynette doesn't see forest for the trees. Even if NSA created it, it's out of their reach now. Imagine the world going to Bitcoin standard and Satoshi being the US government- they would control 5% of the world's wealth while the rest of the supply is scattered all around the planet, most being in the west
@DuncanMorgan371
@DuncanMorgan371 Ай бұрын
Your video serves as a calming beacon, particularly when financial markets are in tumult. Your analysis offers a prudent course of action, fitting seamlessly with the current stage of the economic cycle. Nonetheless, one cannot overlook the expanding mainstream adoption of cryptocurrencies since 2019, as well as the fervent discourse surrounding prospective Bitcoin and Ethereum ETFs. Might these elements sustain the market in this particular cycle? Speculation abounds that we are on the verge of a significant market upswing, making this a moment of great import for any discerning investor. My own portfolio, enriched by 34 bitcoins in a mere seven-week interval, serves as a compelling testament to Adriana Jensen wisdom..
@DebbieHenderson516
@DebbieHenderson516 Ай бұрын
Thanks for keeping it light and real at the same time. Much needed for us traders in times like these!
@GavinMusgrove645
@GavinMusgrove645 Ай бұрын
The internet is filled with so many useful information about Adriana Jensen’s crypto….
@DavidJamesBaggaley
@DavidJamesBaggaley Ай бұрын
Thank you. I have searched her up on the internet browser, I think I am satisfied with her experience.
@SareneCatherine
@SareneCatherine Ай бұрын
This is why it is advisable to connect with a true market strategist in order to avoid missing such opportunity and maintain steady gains.
@JoFeuerherdt
@JoFeuerherdt Ай бұрын
Adriana Jensen knows her stuff! her advice have been invaluable to my trading journey. Definitely worth giving a shot!
@r.p.mcmurphy6115
@r.p.mcmurphy6115 Ай бұрын
Lynette: Gold is real money. They created ETF on Bitcoin, so Bitcoin is not out of the system now. … Ignoring the fact that ETF on gold already exists for 20 years! Basically it’s not a big deal to create an ETF on anything if SEC is ok with it. Existence of such ETF doesn’t prove anything.
@veesurf
@veesurf Ай бұрын
yeah...she´s full of contradictions.
@johnfatorich3494
@johnfatorich3494 Ай бұрын
Gold and silver😂 they rip you off when you buy it and rip you off when you sell it.
@tygyrlylly8079
@tygyrlylly8079 Ай бұрын
Insane premiums/markups
@bahmak2003
@bahmak2003 Ай бұрын
Bitcoin more liquid than gold and the mark up is less
@AwakenedAnhedonic
@AwakenedAnhedonic Ай бұрын
You can't do anything with bitcoin without paying a fee.
@deborahilyia1125
@deborahilyia1125 Ай бұрын
Gold and silver never started at zero!
@jy9383
@jy9383 Ай бұрын
And will never be worth zero. Crypto and paper money can.
@gamanshoo
@gamanshoo Ай бұрын
Study money…there was money BEFORE gold 😉
@deancarlston354
@deancarlston354 Ай бұрын
Bitcoin is decentralized and verified by separate nodes throughout the world. Cbdcs are centralized and controlled. Big big difference.
@ronwest7930
@ronwest7930 Ай бұрын
It's easy to see when people haven't done their homework. If centralized coins are your thing just wait for the CBDC.
@Seanhaggs
@Seanhaggs Ай бұрын
Ah so the same as the US dollar now
@lilbfrom094princeton8
@lilbfrom094princeton8 Ай бұрын
Bitcoin isn’t decentralized I wish people would actually do the research
@MARCELOFREITAS-bn8dx
@MARCELOFREITAS-bn8dx Ай бұрын
@@lilbfrom094princeton8 please share your point of view. We need to see all points of view to reach a logical sense of it.
@tiamoore2861
@tiamoore2861 Ай бұрын
Both are blockchain and easily centralized. Bitcoin is a protype for cbdcs
@bubba7626
@bubba7626 Ай бұрын
Bitcoin is not a “currency “ its digital property
@truecrime98
@truecrime98 Ай бұрын
It will be, you will see
@gustavocoelho11
@gustavocoelho11 Ай бұрын
😂
@rtzqwe
@rtzqwe Ай бұрын
It will never be, it’s too volatile. Why do you think we have stablecoins?
@rbtc2030
@rbtc2030 Ай бұрын
​@@rtzqwe Bitcoin is not volatile The supply schedule is the most reliable ledger we have. Fiat monetary policy is volatile and the ebbs and flow of fiat in and out of Bitcoin is volatile.
@chingron
@chingron Ай бұрын
@@rtzqweOf course it is volatile… it is chasing the market cap of the dollar and that is going to am e a bumpy ride. But once it finally starts to approach the market cap of the dollar is when prices will finally stabilize and people will actually use it as a currency. This is the key thing that most people fail to understand.
@Bruisaanhuis
@Bruisaanhuis Ай бұрын
Please tell me more about that Trojan Horse within a completely open source protocol.
@johndargiesimpson
@johndargiesimpson Ай бұрын
The real Trojan Horse is the 1MM BTC that Satoshi holds that can liquidate a chunk of the market and destroy confidence and hold hostage the value of the rest. I'm betting the Satoshi group waits for BTC to hit at least 30 Trillion valuation and pairs the first large sell off at a financially opportune time near that valuation. Rapid liquidation and possible discounted buy back for power, wealth, destabilization or switch to CBDC.
@spaceman77777
@spaceman77777 Ай бұрын
We can try to escape and escape and escape their grasp. Truth is we are eventually going to have to confront the controllers and claim our freedom.
@mydancinglife730
@mydancinglife730 Ай бұрын
Yes, exactly, thank you.
@frankhernandez6524
@frankhernandez6524 Ай бұрын
Yup
@PONTIANGOD
@PONTIANGOD Ай бұрын
Not In This Matrix, IT'S The Same Begging And The Same End Just Different ENDINGS Every 600 Hundred Years. 2048 Around There. Fire Or Water
@rkstreeter
@rkstreeter Ай бұрын
2040 too​@@PONTIANGOD
@tovarco
@tovarco Ай бұрын
There are only like 330M of us. Too many just sit and complain on SM....saying oh there is nothing We the People can do. Yes We can.
@outlawebikebuildshow492
@outlawebikebuildshow492 Ай бұрын
Gold, silver, and BTC for me!!!
@KenD67
@KenD67 Ай бұрын
the middle..thing....that's where it's at. World's not got enough to 'go green' to begin with, and w/o silver, there is no Bitcoin. Gold:silver ratio's historically high too, ergo, silver.
@alexconnors1027
@alexconnors1027 Ай бұрын
@@KenD67 💥🥈🥈🥈💥
@kurtmoore6333
@kurtmoore6333 Ай бұрын
@@KenD67 XRP ripple is going to run the cbdc
@steveb6718
@steveb6718 Ай бұрын
"as abram was very rich in gold, silver and cattle"
@KryptoKiwi
@KryptoKiwi Ай бұрын
@@KenD67 11,000 oz of Silver in just one US submarine torpedo.
@k8085Forest-zb4xl
@k8085Forest-zb4xl Ай бұрын
This seems like the worst period. Even the market are now very unpredictable. Started investing recently when the market prices were a bit high,today I am more than 60% down!..
@user-ix4hh7zi9d
@user-ix4hh7zi9d Ай бұрын
Don’t be confuse buying the dip in a bear market, with guaranteed future returns. Just because that company is down 60%+ from ATH does NOT make it a sound long-term investment. Make sure you’re investing in great companies. kudos to harriet alice
@DariusValeria
@DariusValeria Ай бұрын
I agree just reached my goal of $500k yearly trade earnings. Setting realistic goals is an essential part of trading
@k8085Forest-zb4xl
@k8085Forest-zb4xl Ай бұрын
Please educate me, i'm willing to make consultations to improve my situation,
@user-ix4hh7zi9d
@user-ix4hh7zi9d Ай бұрын
Her technical analysis is excellent and her interpretation/projections of the market are so accurate I sometimes ask myself is she is a human The point she is the perfect trader to follow for advice and guidance
@AdelheidAmalia
@AdelheidAmalia Ай бұрын
Yeah, 123k from alice harriet. , looking up to acquire a new House, blessings
@fab-infotech-solutions
@fab-infotech-solutions Ай бұрын
This is nothing more than a Gold and Silver advertisement!
@ericseaverns4276
@ericseaverns4276 Ай бұрын
These major gold companies charge 20% to buy and also sell. I spoke to several of them. Turned me off from metals.
@RussCR5187
@RussCR5187 Ай бұрын
You're looking at the wrong companies.
@InverselyComplicated-ve3ls
@InverselyComplicated-ve3ls Ай бұрын
Zimbabwe learned, now their currency is backed by Gold.
@SolomonTheStoryTeller
@SolomonTheStoryTeller Ай бұрын
africa is corrupt. that won't last long
@nated80
@nated80 Ай бұрын
And they're still a basketcase of a country lol.
@jddjackson6322
@jddjackson6322 Ай бұрын
That hasn't been good for them
@dongshengdi773
@dongshengdi773 Ай бұрын
Currency backed by gold but they continue to print Zimbabwe dollars
@neil03051957
@neil03051957 Ай бұрын
Zim leads the way.
@TomiBear5
@TomiBear5 Ай бұрын
I've spent a lot of time in this space and im not seeing it. The SEC has been trying to stop it at every corner.
@alexconnors1027
@alexconnors1027 Ай бұрын
Good boy, SEC have fooled...
@dillonc1900
@dillonc1900 Ай бұрын
The SEC fooled you into thinking they are trying to stop it. It's part of the act.
@quocodile
@quocodile Ай бұрын
I think the word is: psy op
@JimJamJuicy
@JimJamJuicy Ай бұрын
It’s just a bunch of butt hurt noobs who’ve left it way too long to start stacking coming up with bullshit conspiracy theories that make almost no sense when you actually understand how the BTC network operates
@jy9383
@jy9383 Ай бұрын
It will eventually or tax it to death when you try using it. Silly Rabbit.
@ludap1ng
@ludap1ng Ай бұрын
“Those who know do not speak. Those who speak do not know.” Lao Tsu
@sdrc92126
@sdrc92126 Ай бұрын
It's not a troJan horse but BTC will be obsolete within a decade. It will be dumped when people learn this
@SeraphimLeo
@SeraphimLeo Ай бұрын
@@sdrc92126 See you in a decade when BTC will be worth 2 million and your gold will have been confiscated to pay for another foreign war.
@jamesagoins
@jamesagoins Ай бұрын
Ohhh, man! How right you are.
@habyalexandru2265
@habyalexandru2265 Ай бұрын
Get curency out of the banks Buy gold and silver
@thebattleofpelennorfieldsp6081
@thebattleofpelennorfieldsp6081 Ай бұрын
Yes. If we started bartering with silver on a wide scale it would put the Federal Reseve private Bank in their place.
@InspectorApe
@InspectorApe Ай бұрын
How are we going to pay our bills with gold and silver at an all time high ?
@georgeorwell3501
@georgeorwell3501 Ай бұрын
@@InspectorApe​​⁠Sell it at any precious metals dealer or coin shop. It’s extremely liquid.
@Habeev07
@Habeev07 Ай бұрын
Bitcoin, Gold, and Silver. That's all you need. Not shitcoins.
@JFEnterprize
@JFEnterprize Ай бұрын
@@InspectorApestates like Missouri and at least a half dozen other ones have made it law or are working on making lawbgold and silver “specie” as legal tender to pay such as state property taxes. I wanna say there’s a dozen at least in the works.
@Dark.Knight.Cowboy
@Dark.Knight.Cowboy Ай бұрын
Legendary cheekbones
@bricehuron4027
@bricehuron4027 Ай бұрын
If you look at the way the Zimbabwean economy went from printing paper money to digital money, as in more zeros in the bank, its basically an exaggerated version of where America is heading if Americans don't say a resounding no to CBDC's. And by way Zimbabwe went from a 20% per annum inflation to a 76 trillion % inflation in just a few years. This is basically, 1. The government looting the system and decades of peoples hard earned and hard taxed savings. And 2. The governments way of creating a kind of communist control over every citizen, where fear will govern you, that you'll know, if you don't agree with them they can just turn your money off. It's amazing how something so big and so life changing is getting no airtime on the legacy media. Who is in control here?
Ай бұрын
Central Banks control the WORLD!!!
@bubba7626
@bubba7626 Ай бұрын
You can self custody send and trade BTC outside of any exchange. Its being accepted everywhere more and more
@Sandra-ps1lw
@Sandra-ps1lw Ай бұрын
How come none of your experts ever speak about arming yourself ? You can have gold and silver but anyone with a weapon can steal it from you...
@kayvanwonderer
@kayvanwonderer Ай бұрын
Good luck with that.
@SeraphimLeo
@SeraphimLeo Ай бұрын
Because she doesn't own a gun shop, she just wants to sell you her gold and silver.
@ronwest7930
@ronwest7930 Ай бұрын
I bet she owns a gun or two.
@davel5845
@davel5845 Ай бұрын
IIRC Lynette made reference in one of her videos to purchasing a weapon and learning how to use it for protection if she has to retreat to that “bug out location” she keeps telling us she has.
@joncooke9515
@joncooke9515 Ай бұрын
She has, so have other guests on this show.
@padraicmcgross82
@padraicmcgross82 Ай бұрын
Michelle is a fantastic and well educated interviewer. There are pros and cons with both Gold and BTC. Get both.
@johannesfourie4053
@johannesfourie4053 Ай бұрын
"I am a bright individual with bright aunts and uncles Also her :"Because BTC was launched right after quantitative easing, BTC must be a NSA conspiricy project" Very bright indeed because bright people confuse correlation with causation
@SeraphimLeo
@SeraphimLeo Ай бұрын
lol exactly. I'm a BTC maximalist and even I could have come up with 10 better arguments for her theory than that.
@jharknessxrp
@jharknessxrp Ай бұрын
Do y’all really think the government would allow something to compete with the dollar? And yes, I’m talking about gold and silver. That’s why they created Bitcoin-In order to take the spotlight off of the metals. Bitcoin will be the biggest rug pull in history along with tether, it is simply propping up the bond market at this point in time you watch..
@tiamoore2861
@tiamoore2861 Ай бұрын
Bitcoin is a protype for cbdcs. Both are blockchain and easily centralized
@garo921
@garo921 Ай бұрын
"How much money would have gone into physical gold if Bitcoin had not been there?" How much money would have gone into bows and arrows if gunpowder hadn't been there?
@foxmoongaze
@foxmoongaze Ай бұрын
And there would be no lottery winners if all the losers didn't play
@justinlittke5791
@justinlittke5791 Ай бұрын
Money will flow from gold silver stocks fiat into BTC...gold and silver are old school and not as convenient. These new generations don't give a second thought to gold and silver as a store of value all they know is crypto
@markyouwishyouknew6211
@markyouwishyouknew6211 Ай бұрын
how much money would of gone into bitcoin if alts weren''t there .......
@ytlongbeach
@ytlongbeach Ай бұрын
How much money would have gone into physical gold if BTC wasn't there? NOT MUCH, relative to the size of the gold market, and that is price suppressed by the central banks, anyway.
@justinlittke5791
@justinlittke5791 Ай бұрын
@@ytlongbeach oooo I love shiny rocks! Here is $2300 for an ounce of that rock!
@LongTheRevolution
@LongTheRevolution Ай бұрын
Thank you for cutting it off. it became clear that the guest doesnt really undersand blockchain tech nor did she give thought to baseless claims.
@tracywatt9069
@tracywatt9069 Ай бұрын
She has watched it from $7 up to 70000, who is the fool?
@s4nder86
@s4nder86 Ай бұрын
The fool is the one who doesn't sell at the top in tulip mania aka crypto.
@contemplating1015
@contemplating1015 Ай бұрын
@@s4nder86🤣🤣🤣🤣🥱
@bobmalooga335
@bobmalooga335 Ай бұрын
​@@s4nder86have you ever looked at the tulip mania chart? BTC already crashed more than 50% 8 times and came back stronger every time. I know you think you're pretty smart with your tulip comparison but being able to recognize patterns is actually how IQ is measured. If you can't recognize a very obvious repeating pattern in the Bitcoin chart, it's because you lack the mental capacity to see it.
@letsfixit1594
@letsfixit1594 Ай бұрын
@@s4nder86 Tulip mania lasted six months, you need to come up with a new one.
@leongregory8428
@leongregory8428 Ай бұрын
​@bobmalooga335 Hahaha not seen someone get roasted so well in the comments in a while. Bravo ❤
@scuffmacgillicutty7509
@scuffmacgillicutty7509 Ай бұрын
Don't tell anyone, but I'm stacking wheel barrows. Cheers.
@19phift4
@19phift4 Ай бұрын
Too much work,but I hope you corner the market!!
@ZEUStheKingGermanShepherd
@ZEUStheKingGermanShepherd Ай бұрын
😂😂
@jamesalec1321
@jamesalec1321 Ай бұрын
😅 They were priceless before, or so I've heard.
@KryptoKiwi
@KryptoKiwi Ай бұрын
I picked up my 4th shovel last week. Definitely need another wheelbarrow.
@0mar9
@0mar9 Ай бұрын
Let me guess, the lady sells gold
@covidfartfog8076
@covidfartfog8076 Ай бұрын
You already know she does. Doesn’t mean her information is incorrect about bitcoin.
@jongundrum1076
@jongundrum1076 Ай бұрын
You'll be the guy trying to buy a pan to wash a few flakes out of a creek bed.
@coreyoliver3182
@coreyoliver3182 Ай бұрын
@@jongundrum1076 Glad I saved in SATs instead. Much wealthier for it than saving yellow dust flakes that rises lower than the S&P over 10 years.
@KenD67
@KenD67 Ай бұрын
@@coreyoliver3182 If you wanna bet your future on a bunch of 1's and 0's then hey...go ahead. I personally can't put everything into something that's not only manmade as it is but also younger than I am....Haggai 2:8 tells me all I need to know.
@SeraphimLeo
@SeraphimLeo Ай бұрын
@@covidfartfog8076 No, but it does mean her business is threatened by the popularity of BTC. Which gives her a motive to spread FUD about BTC.
@pinschrunner
@pinschrunner Ай бұрын
Satoshi Nakamoto is an avatar not a real person IMHO
@MichihiroHonda
@MichihiroHonda Ай бұрын
It's a pseudonym.. Not an "avatar".
@isaacgarcia2979
@isaacgarcia2979 Ай бұрын
AKA NSA
@MichihiroHonda
@MichihiroHonda Ай бұрын
@@isaacgarcia2979 the internet is NSA. Yet here you are.
@Aldo2themoon
@Aldo2themoon Ай бұрын
Accurate
@zogun
@zogun Ай бұрын
NSA 😂😂😂
@tonylopetrone9828
@tonylopetrone9828 Ай бұрын
When people say that bitcoin is a currency that shows they don’t understand it. It’s not a currency!
@chingron
@chingron Ай бұрын
Yes it is. And I understand bitcoin quite well. Explain to me why it isn’t a currency and then I will happily explain to you why you are wrong…
@lucinity4351
@lucinity4351 Ай бұрын
Satoshi said in his emails that history is filled with commodities that are taken up by people as money to store value through time. It's both.
@Light_thru528
@Light_thru528 Ай бұрын
Interesting 😂 the government is the master of chaos. I love the sirens 🚨 in the background
@bradriney919
@bradriney919 Ай бұрын
That was funny, I heard the sirens as well!
@ClearThinking101
@ClearThinking101 Ай бұрын
She is a gold money changer.
@kyebo1776
@kyebo1776 Ай бұрын
U wont be able to use gold and silver either when a store cant take it
@JFEnterprize
@JFEnterprize Ай бұрын
Small buisness can always make exceptions. Look at Goldbacks. Or states that legislated for G&S specie as legal tender. But if stores did, I can totally see Walmart being an early adopter in a fluctuating situation such as that 😂. They’ll all take an object of value before they let millions of dollars in inventory rot.
@dynodon9182
@dynodon9182 Ай бұрын
Blue States will make gold and silver transactions illegal or heavily taxed.
@user-xu1xg7qr5d
@user-xu1xg7qr5d Ай бұрын
17 states have already declared that gold silver will be accepted as money for all payments private and public. Get with it!
@abemanzur6985
@abemanzur6985 Ай бұрын
You will be able to sell it back into the system when it resets.
@hounddog7256
@hounddog7256 Ай бұрын
Kinesis Money gets around that issue...
@JoshTobaquero
@JoshTobaquero Ай бұрын
Great info
@OS993
@OS993 Ай бұрын
The final point is perfect
@flyingsnow311
@flyingsnow311 Ай бұрын
Thats a huge difference BTC and the Government CBDC'S!! One means Freedome and the other one Total controll of your life. Its like day and night, heaven and hell. 😮
@tiamoore2861
@tiamoore2861 Ай бұрын
They are both based on Block chain and are easily centralized. Bitcoin is a protype for cbdcs
@lucinity4351
@lucinity4351 Ай бұрын
Wallets can turn bitcoin into both everything you love and everything you fear. Most people will adopt bitcoin accidently in the form of a controllable wallet, cbdc.
@berlinmittte
@berlinmittte Ай бұрын
This lady didn’t get btc at all😂
@martinfenton9673
@martinfenton9673 26 күн бұрын
She's been watching BTC since it was $7 ??? That has to hurt
@onelife9501
@onelife9501 Ай бұрын
Great excerpt
@hckytwn3192
@hckytwn3192 Ай бұрын
I think Bitcoin has broken Lynette's mind.
@corzova
@corzova Ай бұрын
Because she didn't buy btc when its 7 usd per btc.. 😂
@MichihiroHonda
@MichihiroHonda Ай бұрын
She has advanced-stage BDS (Bitcoin Derangement Syndrome). Her and Peter Schiff should make babies.
@Scorch428
@Scorch428 Ай бұрын
The Boomer mind cannot handle bitcoin.
@mz2065
@mz2065 Ай бұрын
Yeah it's a trojan horse, on the completely opposite side. Honestly I've never thought somebody would consider bitcoin on the government side. Stupidest thing I've ever heard.
@adiintel1
@adiintel1 Ай бұрын
Relax mz trust me there more stupidest people out there case in point Peter schift.
@nobodycares9494
@nobodycares9494 Ай бұрын
Designed, implemented and ran by the gov. no doubt.
@isaacgarcia2979
@isaacgarcia2979 Ай бұрын
@@nobodycares9494it seems so, but also might’ve gotten out of hand now.
@scooterrockets7815
@scooterrockets7815 Ай бұрын
Cognitive dissonance is a bitch. Embrace the horror.
@chingron
@chingron Ай бұрын
@@nobodycares9494It could have been designed and implemented by the government, but who cares? If it was, they completely lost control of it, because they certainly don’t run it. It is fully decentralized and the code is open source.
@markfisher5744
@markfisher5744 Ай бұрын
“When enough risk has been transferred to the public.” That may be spot on.
@flrststeps
@flrststeps Ай бұрын
Gold also is not finite, it is not easy to transport 😊
@argon5806
@argon5806 Ай бұрын
FED Now already rolled out, how can anyone say it's not here. Talk out of line and they will cut you off.
@isaacgarcia2979
@isaacgarcia2979 Ай бұрын
Since last summer
@Scorch428
@Scorch428 Ай бұрын
psstt...receive a free $500 when you sign up for Fed Now today!
@Wurdswurth
@Wurdswurth Ай бұрын
You know she’s been listening to the rebel capitalist when she throws out cervesa sickness: 2:44
@Scorch428
@Scorch428 Ай бұрын
Satoshi is Nick Szabo, not the US govt, lol.... the US govt is trying to CONTAIN it.... not promote Bitcoin...
@Greenfist007
@Greenfist007 Ай бұрын
Good show
@user-ow3ni2zd2x
@user-ow3ni2zd2x Ай бұрын
Bank run and stock market crash
@hajaminola
@hajaminola Ай бұрын
So the cypher punks were NSA agents? Clowns 😂
@randywhelchel4674
@randywhelchel4674 Ай бұрын
Your right if they were G men they would have been in suites with dark glasses 😂😂😂
@masonite1973
@masonite1973 Ай бұрын
Who do you think developed the cryptographic algorithms?
@alexconnors1027
@alexconnors1027 Ай бұрын
You think they can create every false flag going and BTC is untouchable? Time to wake up....💉💉
@randywhelchel4674
@randywhelchel4674 Ай бұрын
@@masonite1973 DARP maybe, sounds about right
@ytlongbeach
@ytlongbeach Ай бұрын
... and the Internet was created by the US Miltary (DARPA), and it's been a boon for freedom of speech, cryptography, freedom. Even if the NSA created BTC, I don't think they can kill it as an alternative to CBDCs, unless they can crack the encryption with quantum computing or some other mechanism ... they made it too well. BTC is good for the people, even if the central banks try to paper it over, subvert it with side chains, or keep the block size capped increasing transaction fees.
@NicFydd
@NicFydd Ай бұрын
If the ETF brings BTC into the system then gold is also ‘in the system’ as per the gold ETF.
@alexconnors1027
@alexconnors1027 Ай бұрын
The red flags for me is any decent argument is censored.. Welcome to Bitco..
@justinlittke5791
@justinlittke5791 Ай бұрын
I dont buy into the BTC trojan horse conspiracy....it was obvious where the current financial system was headed in 2008 and someone foresaw the inevitable and sought to improve it
@AllenTweed
@AllenTweed Ай бұрын
Maybe but there is another way. Just mandate that all government employees and contractors be paid in Fedcoin. Then convert all military personnel. Lastly, move Medicare and Social security payments.
@bungeebones
@bungeebones Ай бұрын
The money is already digital lol! Do you think there's boatloads of cash going back and forth across the oceans to settle FOREX trades :-). NO. The "money" is subtracted from one account on a computer and added to another account. How is that not a CBDC?
@ebenezer4147
@ebenezer4147 Ай бұрын
Exacto. Así es.
@elubbule3838
@elubbule3838 Ай бұрын
The difference is tha now u could change with cash, with CBDC not
@chingron
@chingron Ай бұрын
@@elubbule3838Exactly… a CBDC will fully eliminate cash, and therefore, all anonymity.
@bungeebones
@bungeebones Ай бұрын
@@elubbule3838 Not true if even a small proportion of the population decided to use "cash" (I've seen different figures but it looks like only one percent of domestic supply is cash). I imagine the story from the banks would be something like "we are out of cash but we expect a shipment in shortly. In the mean time your "money" (sic. digital entries in our computer) is perfectly safe". In plain English nobody has "money", they have digits (even if you consider the worthless Federal Reserve Notes to be "cash")
@garywells9231
@garywells9231 Ай бұрын
WOW!!!! Say it like it is Lynn!! Some people are "clueless" about this. If you cant hold it YOU DONT OWN IT!!!!!
@chingron
@chingron Ай бұрын
If you can hold it, it can also be confiscated or stolen. Hence the reason bitcoin is better. Only asset to ever exist which cannot be confiscated. For this reason alone… the wealthy are going to choose it over anything physical.
@bahmak2003
@bahmak2003 Ай бұрын
Are you mentally challenged? 😂😂😂 Cryptographic ownership you should learn how it works.
@WilliamBTCWallace
@WilliamBTCWallace Ай бұрын
You can hold Bitcoin on cold storage. It’s more secure than holding gold which can be robbed from you. Do some basic research.
@user-bs6is4ts6s
@user-bs6is4ts6s Ай бұрын
Lynette Zang is now the Trojan Horse
@briank2022
@briank2022 Ай бұрын
Saying that the government had conceived of a CBDC then thought “we need to develop a decentralized version first and launch that to normalize the CBDC that we will launch 15 years from now” is ludicrous
@dr.k.math.777
@dr.k.math.777 Ай бұрын
I’m a Bitcoiner and I will only own Bitcoin and nothing else. However, I absolutely respect and admire and agree with any sound money and gold and silver advocates when they talk about the virtues of sound money and the corruption and evil of fiat.
@cornwizard3819
@cornwizard3819 Ай бұрын
Lynette Zang does not understand Bitcoin. CBDCs will not be anything like Bitcoin.
@lucinity4351
@lucinity4351 Ай бұрын
Bitcoin is the cbdc. The control mechanisms will be on programmable wallets.
@thepunisher9698
@thepunisher9698 28 күн бұрын
She'll literally say she doesn't completely understand bitcoin, but knows enough to not trust it, that is in the system
@joannegratton491
@joannegratton491 21 күн бұрын
Bit was developed by the NSA, the people who control the money would not allow this to happen if they weren’t in control of it. It will probably be part of the wealth transfer, many people may lose their money. People are buying something of no value with something of no value.
@lucinity4351
@lucinity4351 21 күн бұрын
@joannegratton491 Sha256 came from the NSA but has no backdoor. Every engineer that tests if it does ends up becoming a bitcoiner. Sometimes the tech that comes from these agencies needs to work as is in order to be the tool they designed. It is a primary MO of counter insurgency to find sympathizers for your cause and anonymously pay them to galvanize support. Bitcoin accomplishes this for them. Bitcoin is everything we love but it's from cia
@seriousbutfunny2
@seriousbutfunny2 Ай бұрын
You can buy a gold ETF too?
@dogonaroll
@dogonaroll Ай бұрын
I respect and admire Michelle in many ways but my goodness she’s a treat to the observer 🥵
@Mark-hf3bb
@Mark-hf3bb Ай бұрын
Something about her statements led me to think she really doesn't understand cryptocurrency. The main reason for my thinking this is the point where she said there is no difference between crypto and a CBDC. If someone says that, then it means they dont actually understand crypto, or more specifically, BTC/BCH.
@mrbiglicks8267
@mrbiglicks8267 Ай бұрын
That's funny because both are inferior to BSV's functionality.
@bahmak2003
@bahmak2003 Ай бұрын
@@mrbiglicks8267bsv by Craig faketoshi? 😂😂😂
@tiamoore2861
@tiamoore2861 Ай бұрын
Both are blockchain and easily centralized. Bitcoin is a protype for cbdcs
@jcgoogle1808
@jcgoogle1808 Ай бұрын
Her premise is that the central bank(s) started bitcoin (as a trojan horse) and btw put laser beams on the moon to try to take over the world. This lady is as much a fruitcake as Robert Kiyosaki and the bitcoin cult itself. "This is money,.. this is paper,.. this is a $10 trillion zimbabwe note,.." "This 1997 white paper sounds so much like bitcoin (the trial balloon, the trojan horse),.. I mean who is this unknown elusive inventor of bitcoin,...."??? "It's no coincidence bitcoin started in 2008,.. just before the GFC" WOW! No doubt it's Dr Evil.
@kahvac
@kahvac Ай бұрын
Will we have both Bitcorn and CBDC ?
@cockyhemi-123
@cockyhemi-123 Ай бұрын
Bitcoin is CBDC
@InspectorApe
@InspectorApe Ай бұрын
I feel sorry for you all and America, bitcoin doesn’t have to operate just in America. 😂. Bitcoin can be exchange for any currency it wishes. As for removal the keys are in you head not in a briefcase like gold.
@isaacgarcia2979
@isaacgarcia2979 Ай бұрын
@@cockyhemi-123no…
@cockyhemi-123
@cockyhemi-123 Ай бұрын
@@InspectorApe Aaaaaahahahaahhahahahaaaaaaa!!!!!!!
@realsatoshihashimoto
@realsatoshihashimoto Ай бұрын
Yes Kirby. We'll always have bitcorn 😂
@karlwagner4418
@karlwagner4418 Ай бұрын
Cmon now. These private ALTS are dominating gold, silver, and Bitcoin. Not just in valuation but the yield.
@paulpate5208
@paulpate5208 Ай бұрын
Problem is the centralization issue. Decentralized trojan horse...Right
@adtiamzon3663
@adtiamzon3663 Ай бұрын
Lynette, spot on! 🧐
@__lancaster
@__lancaster Ай бұрын
It is utterly infuriating seeing two people who have absolutely no real understanding of bitcoin....discuss bitcoin. Pick up a book and read people. Lynette has zero current understanding of bitcoin and also seems to have very little appreciation for the history of paper gold pricing and how it has captured the commodities valuation (suppression) since at least the mid 90s.
@Jumbosock
@Jumbosock Ай бұрын
Why do you let strangers on KZbin infuriate you?
@masonite1973
@masonite1973 Ай бұрын
Lynette has been trading and managing money since before you were born, probably
@foxmoongaze
@foxmoongaze Ай бұрын
Like so many others you seem to be saying that if you are not in favour of bitcoin you don't understand it. This seems rather assuming and blinkered.
@MichihiroHonda
@MichihiroHonda Ай бұрын
When I am looking for info on Bitcoin I always seek out the opinion of a 75 year old female goldbug. 🤡
@foxmoongaze
@foxmoongaze Ай бұрын
@@MichihiroHonda I read the whitepaper and it doesn't really give confidence, and yes I understand it, and am a software engineer of many years.
@ofs4654
@ofs4654 Ай бұрын
Oh wow, I can’t wait for the new format. I appreciate your clear thinking and clear eyed approach to the world.
@JahEerie
@JahEerie Ай бұрын
'Cerveza' 🤣🤣🤣🍻
@Li-nf2gz
@Li-nf2gz Ай бұрын
She is basically saying there is no difference between bitcoin and a cbdc that can be printed to oblivion.😅
@foxmoongaze
@foxmoongaze Ай бұрын
No listen again, she basically said nothing of the sort - bitcoin is preparing the way for cbdc acceptance
@mtjm
@mtjm Ай бұрын
On the contrary. A bitcoiner will never accept a cbdc.
@foxmoongaze
@foxmoongaze Ай бұрын
@@mtjm you will when you get hungry
@KenD67
@KenD67 Ай бұрын
Haggai 2:8
@royfeliasfelias3647
@royfeliasfelias3647 Ай бұрын
Goldbug 🤣 don’t underestimate technology.
@kevincrawford7943
@kevincrawford7943 Ай бұрын
El Salvador is using bitcoin? I’d rather have it than not, I see two currencies, rich man’s, and a poor man’s…
@ffirstllast3328
@ffirstllast3328 Ай бұрын
That's MAX coin and his sloot paid promoting you see. Do some research on Max coin, that guy is a paid for potato. You still get your throat slit going to such places, check out some latest news. When they flew in many og's that times and spent thousands throwing a private Bitcoin launch ceremony. The locals had no idea wtf was happening.
@luzmilacareballi
@luzmilacareballi Ай бұрын
More like Gold and Silver in hand versus Fiat Currency and derivatives markets.
@rap3208
@rap3208 Ай бұрын
They used to, it failed. their government is still promoting it but nobody's buying the sales talk.
@GreatUSTreasureHunt
@GreatUSTreasureHunt Ай бұрын
NEVER SWITCH
@lastnamefirstname2390
@lastnamefirstname2390 Ай бұрын
It doesn't matter how many ETFs they create. They can't control the monetary policy or decentralized nature of Bitcoin.
@cockyhemi-123
@cockyhemi-123 Ай бұрын
Aaaahahahahahahahahaaaaaaaaa!!!!!!!
@TicklePickleLover
@TicklePickleLover Ай бұрын
Yes they can. They can impose laws and prevent all crypto transactions just as fast as you can send crypto. Look at canada and the convoy.
@p.m.2388
@p.m.2388 Ай бұрын
Use logic instead of emotion. Countries will "mint" their own digital currencies. They can make their currencies more advanced and efficient as well by copying the same technology
@lastnamefirstname2390
@lastnamefirstname2390 Ай бұрын
@TicklePickleLover That didn't stop Bitcoin, did it? When they cut off the truckers bank account, Bitcoin was the only thing that allowed them to get money. So another win for Bitcoin. There are decentralized exchanges to route around the system. China banned it 2021 and FAILED. If they can't stop it, no one can.
@lastnamefirstname2390
@lastnamefirstname2390 Ай бұрын
@@TicklePickleLover You literally just proved my point. They failed. Bitcoin was the only way the truckers got money.
@JerryR-uj9fq
@JerryR-uj9fq Ай бұрын
Keeping Money on a Bank Ledger or on a Bitcoin Ledger is not like having REAL GOLD!
@SeraphimLeo
@SeraphimLeo Ай бұрын
No, it's better because the ledger can't be stolen, can easily be transported, and can't be banned by any government. None of which is true for gold and silver.
@chingron
@chingron Ай бұрын
Gold can be stolen or confiscated. In fact… it was confiscated and illegal to own for 40 years. So… no thanks. I’ll stick with bitcoin. The only asset to ever exist which cannot be confiscated and can be taken with me when I need to flee an oppressive government.
@realsatoshihashimoto
@realsatoshihashimoto Ай бұрын
I also took a dump the day the bitcoin white paper came out. Correlation doesn't necessarily equal causality.
@Scorch428
@Scorch428 Ай бұрын
Your dump is Satoshi Nakamoto. Congrats, man.
@chingron
@chingron Ай бұрын
Satoshi?
@colinbyerly5212
@colinbyerly5212 Ай бұрын
Regulation increases create a large drop in values .
@darwonboyful
@darwonboyful Ай бұрын
This video is absolute gold! The point about the transferring of risk from the few to the many really hit me
@hexamigo
@hexamigo Ай бұрын
Crypto for speculation, gold for wealth preservation.
@bahmak2003
@bahmak2003 Ай бұрын
Bitcoin for capital preservation! Data for the last ten years doesn’t lie! 😂😂😂😂
@SeraphimLeo
@SeraphimLeo Ай бұрын
Gold will preserve your wealth until BTC completely replaces it as a superior scarcer and safer asset, in which case the gold value will plummet.
@markbunn8576
@markbunn8576 Ай бұрын
Gold hasn't even kept up with inflation.
@vknight7497
@vknight7497 Ай бұрын
Objectively, gold hasn’t done shit to preserve wealth.
@joshuavogann9369
@joshuavogann9369 Ай бұрын
Yes!! We need to be acutely aware of the legislation going into the CBDC we eventually adopt and make sure we are aligning it with the Constitution and the people best interests.
@keithcastleberry3224
@keithcastleberry3224 Ай бұрын
The Mark Of The Beast… it is coming. Revelation 13:17 The spirit behind it all is evil. The love of money is the root of all sorts of evil.
@twitafftwitaff7029
@twitafftwitaff7029 Ай бұрын
Ok. Im off to buy some more Bitcoin 👍
@foxmoongaze
@foxmoongaze Ай бұрын
good luck
@zogun
@zogun Ай бұрын
lol 😂😂😂 good luck with 0 😂😂😂
@user-99.99
@user-99.99 Ай бұрын
Been a subscriber of ITM for a loooong time but I believe Lynette is wrong on this one.
@user-md8dp9lh4y
@user-md8dp9lh4y Ай бұрын
There will not be a CBDC , GUARANTEED ......A NEW SYSTEM WILL COME IT WILL NOT BE A CENTRAL BANK DIGITAL CURRENCY
@brenden5721
@brenden5721 Ай бұрын
I have read the NSA whitepaper on electronic cash which Lynette referenced. It uses a centralized banking model and discusses the use of "Blind RSA signatures" in order to make transactions UNTRACEABLE. This is not Bitcoin. The document Never makes 1 single reference to the SHA256 encryption methods, Proof of Work, block rewards, total supply, or even any concept of mining. Satoshi solved every problem the NSA could not. Let's do some homework before having speculative opinions
@janenefinneran-wj2iw
@janenefinneran-wj2iw Ай бұрын
So much easier to sell bitcoin than gold or silver
@joemama69448
@joemama69448 Ай бұрын
Soooo much easier.
@somethingnew6054
@somethingnew6054 Ай бұрын
And much easier to sell Litecoin
@19phift4
@19phift4 Ай бұрын
Without electricity, I ain't buying anything in a digital wallet or a digital cloud
@GreatUSTreasureHunt
@GreatUSTreasureHunt Ай бұрын
​@19phift4 You don't have electricity?
@ChrisSmith-bk7rb
@ChrisSmith-bk7rb Ай бұрын
I like the music
@RM-qf3sh
@RM-qf3sh 23 күн бұрын
when was the last time you took a gold bar into the grocery store? You are trading it for paper or digital currency. This sucking off gold and silver means nothing if no one will accept it.
@ianjaeger4178
@ianjaeger4178 Ай бұрын
ripple xrp been operating since 2013 worldwide 2018 overtook bitcoin sec put the brakes on. xrp is the king
@googlesmostwantedfrog147
@googlesmostwantedfrog147 Ай бұрын
Have Fun Staying Poor
@ytlongbeach
@ytlongbeach Ай бұрын
Ripple XRP is a centrally-controlled, uncapped, fiat shitcoin. To call it a cryptocurrency is doing the name a disservice by confusing newbs.
@leegaynor177
@leegaynor177 Ай бұрын
She through the XRP army sign at 14:28 too !!
@scolem2681
@scolem2681 Ай бұрын
It's quite apparent that bitcoin was manufactured to help divert the fallout reaction in waves. If too many ran into gold, the price the central banks and the in the know would face to pay would be multiples of its current price. This was carefully crafted.
@chingron
@chingron Ай бұрын
I guess they crafted it a little too well then… because if they did craft it, then they have now lost total control of it and it is effectively on its way to destroying the dollar.
@adeboer1283
@adeboer1283 Ай бұрын
Nice interview, but what is the real solution mss Zang? I don’t hear one
@vlndfee6481
@vlndfee6481 Ай бұрын
In the big crisis before... They forced you out of gold.
@scuba36fun
@scuba36fun Ай бұрын
Lady is soo wrong about Bitcoin! If BTC was the part of the system, then why governments fighting this Bitcoin so hard??? Does she remember it's only 21 million of BTC, how in any way it can be equal to government CBDC? She is so wrong about,... she should marry Peter Shift
@stratcaptain66
@stratcaptain66 Ай бұрын
They have to look like they’re “fighting it hard” they aren’t fighting it, they have it dead to rights, starting with a brand ETF. Your beloved Bitcoin is now a derivative.🤦🏻‍♂️
@isaacgarcia2979
@isaacgarcia2979 Ай бұрын
@@stratcaptain66the etf is, but not btc.
@gavinscotttraining
@gavinscotttraining Ай бұрын
More people are getting scamed by bitcoin , fact
@MichihiroHonda
@MichihiroHonda Ай бұрын
When I am looking for info on Bitcoin I always seek out the opinion of a 75 year old female goldbug. 🤡. And she actually thinks gold is "outside the system". 🥴
@MichihiroHonda
@MichihiroHonda Ай бұрын
​@@gavinscotttrainingwho's getting scammed by Bitcoin? Dude, you can't even spell the word properly. 🥴
@coloradokid8321
@coloradokid8321 Ай бұрын
If or when we ever get hit with an EMP (or a direct hit from a solar mass ejection), HOW will all these people get their “digital” currency (when the grid is completely toast)??? In the software business, we call this “vaporware”. In BTC’s case it’s “vapor currency”!
@sdrc92126
@sdrc92126 Ай бұрын
Or when quantum computers are developed enough to make digital encryption obsolete
@chingron
@chingron Ай бұрын
An EMP would do nothing to stop bitcoin. There are thousands of copies of the blockchain all over the world stored in faraday cages. If the internet went down, globally, bitcoin would be back up and running much quicker than your bank or your atm machine.
@chingron
@chingron Ай бұрын
@@sdrc92126If that happens, all encryption is broken and the world would basically be in an apocalyptic scenario. In that case, even your gold and silver would be worthless. The only currency would be bullets. So, I’m going to keep buying bitcoin and gamble on that never happening.
@sdrc92126
@sdrc92126 Ай бұрын
@@chingron 2-3 emp weapons wold take out the American power grid for decades as per dod congressional report
@chingron
@chingron Ай бұрын
@@sdrc92126 Ok. But… they would have to take out the grid globally. And, even if they did, bitcoin would be back up and running the second the internet is back online, as there are thousands of copies of the blockchain stored in faraday cages… I think I’ll take the risk.
@Freedom-zf4gg
@Freedom-zf4gg Ай бұрын
It's the Fed Now Program with digital crypto, centralized, not DeCentralized crypto. There is a difference between the two. Both here do not understand the difference between centralized and DeCentralized crypto Blockchain.
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Sonyakisa8 TT
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Como ela fez isso? 😲
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