Bitcoin continues to make headlines. I continue to encounter people who say "they don't understand it." Others have been influenced by a big media perspective, but it's quite simple to understand.
This article did not explain what bitcoin/crypto currency is. I think it is a con game, a Ponzi scheme. It is imaginary "money, merely a book entry on some ledger in the digital cloud. This stuff is not backed by anything. There are no guideline or controls. You can't carry it and hand it over in a transaction. There are too many types of these things and none are universally accepted as currency. The dollar may be bad, but crypto is worse. Put your money into something that has value and is universally accepted and understood. Safest seems to be gold or silver, coinage, even ammo. Stay away from things that aren't real or you can't understand.
Well. I guess you could say it's baked by the people. The article did explain, decentralized currency that we ourselves actually own. Simple. It does not and can't involve big government and financial institutions.....Indeed it is not physical! But you make good points. It's easy to see why it's not well understood, but again I think big media has a lot to do with that. It's been clear for years that the "1 percent" and major financial institutions like the Federal Reserve hate it.
The "value" of crypto currency is in the eye of the beholder. It isn't tied to anything, and unless it's volatility was lessened it won't be used as every day currency. Why would I take bitcoin when it's value might drop 10% before you even walk out the door? Its all a self fulfilling prophecy. I'll make money buying and selling it, but you just have to look at all the meme pins to see the fallacy.
2023: Bitcoin opened the year at a price of $16,530
2024: Bitcoin opened the year at a price of $43,835
2025: Bitcoin opened the year at a price of $94,929
Today, the price of BTC is over $100K. And it's harder and harder to get BTC by mining, so it has a dwindling supply. FIAT currency has ALWAYS gone to $0.
Good point. It's a good representation of the value people are giving it. At the end of the day, again, it's not about the price as much as it is financial self governance and freedom. That being said, as Ed Snowden has pointed it...it's not protected and completely private...things can still be easily tracked and monitored which is a shame.
Kent Ramsey references warnings from Whitney Webb and Martin Armstrong. Add to that list Roger Ver. He makes a number of interesting comments regarding blocksize, the length of time it takes to process a bitcoing transaction, and the crucial aspect of anonymity. If I were to purchase a cryptocurrency, I would be much more inclined to purchase a Privacy Coin such as Monero, Zcash, or Zano. But. I'm not there yet.
Why the Intel Agencies Want to Track Your Every Transaction and Throw Roger Ver in Jail for Life
Well ... you have a choice. Live in the FIAT World and watch your savings inflate away at a +/-14% annually ... or live in the Bitcoin world where BTC has slaughtered all investment categories since its inception 15 years ago. Bitcoin was recently launched as an Exchange Traded Fund (ETF) last year by traditional WALL Street and had more gains and inflowing money than GOLD has had in its 10-year Life as an ETF. They pilloried new-fangled automobiles when they first arrived on the scene and some refused to cut loose of the reigns to their wagon team. Repeat after Me ....... ANALOG to DIGITAL.
Will check it out, I linked some of our articles on Central Bank Digital Currency at the end of this one if that is what you are referring to. I know she goes into that quite a bit.
With the advent of exchanges, obtaining crypto currency is far more easy today than any other time in the past. Most people have heard of the big ones, like Coinbase and Kraken. There are better exchanges with lower fees, like WEEX or MEXC, but Americans will have difficulty using MEXC, so stick with WEEX. An exchange is like a cross between a bank and the stock market. You deposit your fiat currency into your account, you buy the crypto you want, and you hold or sell it whenever you want. There are many coins. Some are "meme coins," like PEPE or SHIB. They honestly have no earthly function, but they go up based on demand. They are like collectible toys; you buy them, hold onto them, and let them go when you're tired of them. Others are functioning networks, like SOL or ETH. And others are foundations of applications, like Artificial Intelligence and computer sharing for graphics rendering. Some coins, like SOL, allow their assets to be "staked" and you earn interest on your holdings. The most important things to consider when purchasing a crypto are questions you have with any investment: is this a good place to put my money? What are the risks? If interest wanes and the asset loses its value, can I afford it? I've personally made thousands on crypto, but I take profits and move money out from time to time to pay off debt. I also ride out the bad times and wait for the rebound and keep myself diversified. I've made back far more than I have invested, but I treat it like a currency exchange. Crypto doesn't "earn money," like a company or a stock. It is a monetary unit and it rises and falls in value against the dollar, based on demand and limited supply. Treat it accordingly.
Awww, look at the poor little broke fool, holding on to his fiat currency as it loses value due to inflation and taxation, while everyone who put money into crypto and held it now has MORE money than before.
You've been scammed by the "Federal Reserve System," but I bet you still use "credit cards," which are, in every real sense, a "digital currency" tied to NOTHING but your ability to repay debt.
Don't listen to losers who think money is the paper Jews print for everyone to hold.
I have never owned or used a credit card. Shove your imaginary shitcoins up your wazoo. Real wealth comes out of the ground you arrogant smug and condescending nincompoop. FOAD.
Like "real wealth comes out of the ground" but I think healthy soils, organic food for a healthy body. That's rich. Not oil, not minerals. Health is all you really have that's worth a shit.
Her wallet went straight to the invisible shitcoin miners in the invisible shitcoin cloud. It is irretrievable as are all the other invisible bullshitcoins that the miners are stealing 24/7/365, using up our energy, driving up the price, putting load on the electric lines, starting brush fires, while everyday more idiots pour their hard earned cash into this nitwit scam, because there’s a nitwit born every minute, all they need is to convince you that their invisible imaginary bullshitcoins have value, which of course they don’t, because they are imaginary, but that’s just a minor detail, here, let them show you what a great deal it is, and wise investment, they have their own secret language and imaginary bullshit to understand, so that once your brain fills up with their crap far enough, you’ll give them all kinds of money, and sleep well at night knowing that you just blew your cash on nothing, and a bunch of worthless idiot criminal scammers are going to mine their way into your imaginary wallet and soon your worthless imaginary shitcoins will be gone, or you will die penniless, or lose your password, or someone will hack your account, or the power grid will go down, oh there’s always a bright side for the shitcoin people, but not for anyone else, because they invented it, and you didn’t, and it’s not their fault everyone is so stupid to invest in invisible, imaginary bullshitcoins.
I personally don't know how to use bitcoin, buy it or access it. If I did know how to do all that, I would invest in it. I have $50 or maybe more dollars worth floating out there in the ether world, but since I changed banks, I don't know how to access it. Where do you go to learn that?
Well. You would go to an exchange like coinsquare or kraken, deposit money there, and then transfer from there into a hardware wallet like the nano ledger x, for example. It sounds difficult and complicated but it's really not once you start the process.
Lovely, but I don't even know the terminology. And do they teach you how to use a "hardware wallet" whatever in the hell that is? I am one who needs to know the process before I start it. Kinda like researching prescription drugs before I take them. BTW: At 69 on no drugs. I usually throw them away after research and look to diet and natural cures for what ails me. Seems to be working. Have you heard of DMSO? Look up a site called The Forgotten Side of Medicine.
No, SoftWar is Jason Lawry's thesis from a military point of view looking as BitCoin as a proof of work, or energy view of BitCoin not from a currency point of view. The Counter Insergency or COIN document defines BitCoin from a military perspective. To understand wallets, buying and self custody book a free 15 minute conversation with GMoney at endthebankers.com or 1776.love.. It's actually pretty simple once you gain a better understanding of the function. Don't use a wallet that can connect to the internet like a wallet for your phone. You want a separate wallet for self custody, you can transfer some bitcoin to your phone wallet if you need to make purchases from your phone using bitcoin.. But as President Trump said... Never sell your bitcoin...Peace...
I will follow up on this. Im not tech savvy but am hiring a teacher and will address this with him as well. Where does "a separate wallet for self custody" dwell if not on the internet? So how do make purchases off your phone? Writing my questions to you down for that 15 mins I will be pursuing in case you haven't time to answer. thank you for this.
I use a Treazor wallet you can purchase a wallet on line. just google treazor and you will get their site. If you can transfer money online on your bank account you can do bitcoin. It's just a bit different with a self custody wallet. You transfer to the wallet instead of a different account.
You can buy bitcoin on an exchange. Then you can transfer it to a hard wallet like the ledger nano x for example. It all sounds complicated I know, but it's quite simple.
This article did not explain what bitcoin/crypto currency is. I think it is a con game, a Ponzi scheme. It is imaginary "money, merely a book entry on some ledger in the digital cloud. This stuff is not backed by anything. There are no guideline or controls. You can't carry it and hand it over in a transaction. There are too many types of these things and none are universally accepted as currency. The dollar may be bad, but crypto is worse. Put your money into something that has value and is universally accepted and understood. Safest seems to be gold or silver, coinage, even ammo. Stay away from things that aren't real or you can't understand.
Well. I guess you could say it's baked by the people. The article did explain, decentralized currency that we ourselves actually own. Simple. It does not and can't involve big government and financial institutions.....Indeed it is not physical! But you make good points. It's easy to see why it's not well understood, but again I think big media has a lot to do with that. It's been clear for years that the "1 percent" and major financial institutions like the Federal Reserve hate it.
I don't even trust paper to be reliable 'money'. Digits don't stand a chance.
The "value" of crypto currency is in the eye of the beholder. It isn't tied to anything, and unless it's volatility was lessened it won't be used as every day currency. Why would I take bitcoin when it's value might drop 10% before you even walk out the door? Its all a self fulfilling prophecy. I'll make money buying and selling it, but you just have to look at all the meme pins to see the fallacy.
Anything can be 'money' if enough people, banks and government agree on it. There is value only as long as those agreements hold.
I don't agree to digital money, don't have any, don't crave any, and wont work for any of it.
But thanks.
2023: Bitcoin opened the year at a price of $16,530
2024: Bitcoin opened the year at a price of $43,835
2025: Bitcoin opened the year at a price of $94,929
Today, the price of BTC is over $100K. And it's harder and harder to get BTC by mining, so it has a dwindling supply. FIAT currency has ALWAYS gone to $0.
Good point. It's a good representation of the value people are giving it. At the end of the day, again, it's not about the price as much as it is financial self governance and freedom. That being said, as Ed Snowden has pointed it...it's not protected and completely private...things can still be easily tracked and monitored which is a shame.
Thanks for commenting! Good point.
Kent Ramsey references warnings from Whitney Webb and Martin Armstrong. Add to that list Roger Ver. He makes a number of interesting comments regarding blocksize, the length of time it takes to process a bitcoing transaction, and the crucial aspect of anonymity. If I were to purchase a cryptocurrency, I would be much more inclined to purchase a Privacy Coin such as Monero, Zcash, or Zano. But. I'm not there yet.
Why the Intel Agencies Want to Track Your Every Transaction and Throw Roger Ver in Jail for Life
https://rumble.com/v5xyrwt-why-the-intel-agencies-want-to-track-your-every-transaction-and-throw-roger.html
Yes...bitcoin isn't private in that sense, Ed Snowden speaks a lot about this as well. He used to be a big proponent of Zcash for example.
Well ... you have a choice. Live in the FIAT World and watch your savings inflate away at a +/-14% annually ... or live in the Bitcoin world where BTC has slaughtered all investment categories since its inception 15 years ago. Bitcoin was recently launched as an Exchange Traded Fund (ETF) last year by traditional WALL Street and had more gains and inflowing money than GOLD has had in its 10-year Life as an ETF. They pilloried new-fangled automobiles when they first arrived on the scene and some refused to cut loose of the reigns to their wagon team. Repeat after Me ....... ANALOG to DIGITAL.
Read Whitney Webb or Martin Armstrong, for the warnings, which are real and totally substantive.
Will check it out, I linked some of our articles on Central Bank Digital Currency at the end of this one if that is what you are referring to. I know she goes into that quite a bit.
With the advent of exchanges, obtaining crypto currency is far more easy today than any other time in the past. Most people have heard of the big ones, like Coinbase and Kraken. There are better exchanges with lower fees, like WEEX or MEXC, but Americans will have difficulty using MEXC, so stick with WEEX. An exchange is like a cross between a bank and the stock market. You deposit your fiat currency into your account, you buy the crypto you want, and you hold or sell it whenever you want. There are many coins. Some are "meme coins," like PEPE or SHIB. They honestly have no earthly function, but they go up based on demand. They are like collectible toys; you buy them, hold onto them, and let them go when you're tired of them. Others are functioning networks, like SOL or ETH. And others are foundations of applications, like Artificial Intelligence and computer sharing for graphics rendering. Some coins, like SOL, allow their assets to be "staked" and you earn interest on your holdings. The most important things to consider when purchasing a crypto are questions you have with any investment: is this a good place to put my money? What are the risks? If interest wanes and the asset loses its value, can I afford it? I've personally made thousands on crypto, but I take profits and move money out from time to time to pay off debt. I also ride out the bad times and wait for the rebound and keep myself diversified. I've made back far more than I have invested, but I treat it like a currency exchange. Crypto doesn't "earn money," like a company or a stock. It is a monetary unit and it rises and falls in value against the dollar, based on demand and limited supply. Treat it accordingly.
“Crypto” has no value. You are full of crap. You are selling imaginary bullshit.
There, I have treated it accordingly. Idiot moron thieves and scammers, all of you.
Awww, look at the poor little broke fool, holding on to his fiat currency as it loses value due to inflation and taxation, while everyone who put money into crypto and held it now has MORE money than before.
You've been scammed by the "Federal Reserve System," but I bet you still use "credit cards," which are, in every real sense, a "digital currency" tied to NOTHING but your ability to repay debt.
Don't listen to losers who think money is the paper Jews print for everyone to hold.
I have never owned or used a credit card. Shove your imaginary shitcoins up your wazoo. Real wealth comes out of the ground you arrogant smug and condescending nincompoop. FOAD.
Like "real wealth comes out of the ground" but I think healthy soils, organic food for a healthy body. That's rich. Not oil, not minerals. Health is all you really have that's worth a shit.
When you purchase Bitcoin where does your money you paid go?
If the power goes out how do you buy shit?
My mother in law had 1.5 Bitcoin. She passed away but never said where her wallet was. We have passwords but no wallet. Great system.
Her wallet went straight to the invisible shitcoin miners in the invisible shitcoin cloud. It is irretrievable as are all the other invisible bullshitcoins that the miners are stealing 24/7/365, using up our energy, driving up the price, putting load on the electric lines, starting brush fires, while everyday more idiots pour their hard earned cash into this nitwit scam, because there’s a nitwit born every minute, all they need is to convince you that their invisible imaginary bullshitcoins have value, which of course they don’t, because they are imaginary, but that’s just a minor detail, here, let them show you what a great deal it is, and wise investment, they have their own secret language and imaginary bullshit to understand, so that once your brain fills up with their crap far enough, you’ll give them all kinds of money, and sleep well at night knowing that you just blew your cash on nothing, and a bunch of worthless idiot criminal scammers are going to mine their way into your imaginary wallet and soon your worthless imaginary shitcoins will be gone, or you will die penniless, or lose your password, or someone will hack your account, or the power grid will go down, oh there’s always a bright side for the shitcoin people, but not for anyone else, because they invented it, and you didn’t, and it’s not their fault everyone is so stupid to invest in invisible, imaginary bullshitcoins.
Well ok then. Tell us how you really feel!😂👍🏼
I personally don't know how to use bitcoin, buy it or access it. If I did know how to do all that, I would invest in it. I have $50 or maybe more dollars worth floating out there in the ether world, but since I changed banks, I don't know how to access it. Where do you go to learn that?
Well. You would go to an exchange like coinsquare or kraken, deposit money there, and then transfer from there into a hardware wallet like the nano ledger x, for example. It sounds difficult and complicated but it's really not once you start the process.
Lovely, but I don't even know the terminology. And do they teach you how to use a "hardware wallet" whatever in the hell that is? I am one who needs to know the process before I start it. Kinda like researching prescription drugs before I take them. BTW: At 69 on no drugs. I usually throw them away after research and look to diet and natural cures for what ails me. Seems to be working. Have you heard of DMSO? Look up a site called The Forgotten Side of Medicine.
To understand BitCoin, Read SoftWar, and the Counterintelligence document titled COIN...1776.love you can find both....
Does it tell you how to access it, use a wallet, buy and sell.
No, SoftWar is Jason Lawry's thesis from a military point of view looking as BitCoin as a proof of work, or energy view of BitCoin not from a currency point of view. The Counter Insergency or COIN document defines BitCoin from a military perspective. To understand wallets, buying and self custody book a free 15 minute conversation with GMoney at endthebankers.com or 1776.love.. It's actually pretty simple once you gain a better understanding of the function. Don't use a wallet that can connect to the internet like a wallet for your phone. You want a separate wallet for self custody, you can transfer some bitcoin to your phone wallet if you need to make purchases from your phone using bitcoin.. But as President Trump said... Never sell your bitcoin...Peace...
I will follow up on this. Im not tech savvy but am hiring a teacher and will address this with him as well. Where does "a separate wallet for self custody" dwell if not on the internet? So how do make purchases off your phone? Writing my questions to you down for that 15 mins I will be pursuing in case you haven't time to answer. thank you for this.
I use a Treazor wallet you can purchase a wallet on line. just google treazor and you will get their site. If you can transfer money online on your bank account you can do bitcoin. It's just a bit different with a self custody wallet. You transfer to the wallet instead of a different account.
You can buy bitcoin on an exchange. Then you can transfer it to a hard wallet like the ledger nano x for example. It all sounds complicated I know, but it's quite simple.
hello, love your work.. i am going to spend My squitcoin on sim city and the my space app..