Cryptocurrency: Why Govts, World Bank, IMF, Fed, ECB all Trash Bitcoin
https://inbitcoinwetrust.substack.com/p/the-real-reason-why-governments-the The Real Reason Why Governments, the World Bank, the IMF, the Fed, or the ECB Falsely Denigrate Bitcoin. Fight against terrorism? Arms or drug sales? Climate change? The reason is quite different! by Sylvain Saurel The Separation of Money And State - brand new Bitcoin art! https://inbitcoinwetrust.substack.com/p/the-5-big-reasons-why-bitcoin-will https://inbitcoinwetrust.substack.com/p/nassim-nicholas-taleb-is-wrong-bitco... Have you ever wondered why the World Bank, the IMF, or any other major institution keeps falsely denigrating Bitcoin? When governments or central bankers denigrate Bitcoin, you hear the same old story over and over again. These powerful people in the current system will tell you that Bitcoin is a scam used by some to defraud poor innocent people. They will tell you that Bitcoin is being used massively on the Dark Web for illegal activities. They will even go so far as to say that Bitcoin facilitates the financing of terrorism and the resale of weapons and drugs. Others will try to appeal to the ecological fiber that is increasingly awakening among the general public by saying that Bitcoin is an ecological disaster that endangers the future of humanity. These same politicians will then vote for the extension of coal-fired power plants in their countries ... If these powerful people cared about humanity, they would act differently in all areas. In reality, they only think about their interests. And that means saving the current system at all costs. It doesn't bother them in the least that the current system is unfair and hurts a majority of people. If the politicians wanted to stop all these illegal activities, they would ban the US dollar then... Then they would attack the banking system that has facilitated money laundering for decades while participating in the financing of terrorism in one way or another. The reason why the powerful in the current system denigrate Bitcoin is simple: Bitcoin challenges an order that has been in place for centuries regarding money creation. They want to keep the power of money creation at all costs. But Bitcoin is there to take the power of money creation out of the hands of the states and give it back to the people. It is therefore eminently political and strategic reasons that motivate governments, the World Bank, the IMF, the Fed, or the ECB when denigrating Bitcoin. The reason is that the very foundations of Bitcoin are embedded in its source code and cannot be manipulated by arbitrary decisions. It is impossible to arbitrarily change the maximum supply of BTC. They cannot arbitrarily change the monetary policy of Bitcoin. With Bitcoin, governments and central bankers can no longer manipulate the system. Bitcoin is truly the separation of money from the hands of the state. And that's what scares the powerful in the current system. They are afraid of a system that gives power back to the people and gives everyone the same opportunities! So don't be surprised to see these powerful people (falsely) denigrate Bitcoin on every possible subject. Ecology, money laundering, scams, criminal use of Bitcoin, ... All clichés are used to scare the general public. The reason is that these powerful people want to avoid it at all costs so that the general public can think for themselves and finally understand that Bitcoin is our way out of a flawed and not fixable system. A system that is fairer to the many and has the potential to change the world of the future for the better. If you dig into the subject of Bitcoin, you will find that terrorists or arms dealers have no interest in using Bitcoin for their activities. Why not? Because the Bitcoin blockchain is an open, decentralized ledger. Authorities can easily trace all transactions that take place on the Bitcoin network. This is why the current system with the US dollar is still preferred by those who want to act illegally. The US dollar, not Bitcoin. With Bitcoin, you have a revolutionary system accessible to everyone. A secure, transparent, traceable, decentralized system that allows us to improve all of our interactions without having to resort to third parties who take their share of the pie in the process. Bitcoin mining is an industry spread across the globe that supports the development of renewable energy. Bitcoin is a force for good in the fight against climate change. It guarantees all humans basic rights. Rather than unnecessarily fighting Bitcoin, states should seize this opportunity to improve the world of tomorrow for the many. Of course, to do this, they will have to agree to give power back to the people in a system that they cannot manipulate for their profit. Something extremely difficult, but by supporting the peaceful Bitcoin revolution, you will be presenting these powerful people with a fait accompli. On your side, you have to make the only choice you can: think for yourself! Don't let others tell you what to think about Bitcoin. Take charge of your life and do your research on Bitcoin, money, and the economy. Everyone who has dared to think for themselves and dig deep into the Bitcoin issue has eventually become a Bitcoiner. Except for Nassim Nicholas Taleb who finally decided to become an opponent of Bitcoin after being a Bitcoiner as early as 2017. One would think he would respond to political pressure ... With this troubling exception, everyone who takes the time to carefully study Bitcoin and the current system eventually opens their eyes and embraces the Bitcoin revolution. This is no accident. It's up to you as always! Some reading A Scientific Study Confirms It: The Bitcoin Mining Industry Is Well Dispersed Around the World. Bitcoin opponents who dare to criticize the concentration of the Bitcoin mining industry should take the time to read this study. But, they probably won't. Digital Euro: ECB chooses Amazon ... Bitcoin is still your best option. In the face of the public-private alliance to build a society of mass surveillance, Bitcoin will be your best weapon. Bitcoin Is Not an Enemy, but an Ally in the Fight Against Climate Change. Governments should open their eyes to fully exploit the potential of Bitcoin rather than trying to harm this people's revolution. Bottom or Not Bottom for Bitcoin? Here Are Some Thoughts on the Matter. Looking where you need to will help you see more clearly. When Hyperinflation Rhymes With Chaos - The Story of Zimbabwe With Inflation of 231,000,000% in 2008. Robert Mugabe's land reform ruined a country that was once the breadbasket of southern Africa. 1 Comment crazyjoecus Writes crazyjoecus’s Newsletter 16 hr ago Liked by Sylvain Saurel https://crazyjoecus.substack.com/ Sylvain, you have quite plainly nailed the exact root cause of all the disinformation being foisted on an unthinking public. Until the public learns to think for themselves the devastation of the current monetary system will continue to impoverish the masses. I haven't much hope that people will unplug the great propaganda machine by deciding instead to read the classics. By freeing their minds from the raw sewage that is propaganda free thought and diversity of ideas will be naturally activated. What is at stake is more than Bitcoin but our humanity. Jesus was correct to describe us as sheep. The time is right to overthrow our shepherds.
The Real Reason Why Governments, the World Bank, the IMF, the Fed, or the ECB Falsely Denigrate Bitcoin.OC (inbitcoinwetrust.substack.com) submitted 18 hours ago by sylsauPlatinum | QC: BTC 448, CC 163, CM 92 | Politics 4392 129 comments share save hide report all 129 comments sorted by: best [–]WTFsince89Tin | CC critic 25 points 18 hours ago They will even go so far as to say that Bitcoin facilitates the financing of terrorism and the resale of weapons and drugs. C.I.A has left the chat permalink embed save report reply [–]Scarecrow4980 11 points 10 hours ago and cash has been doing that for how long now? permalink embed save parent report reply [–]PushbrownTin | LRC 7 | Superstonk 101 6 points 6 hours ago THEY want to be the ones funding terrorist and drugs, not us plebs, lmao permalink embed save parent report reply [–]Scarecrow4980 2 points 6 hours ago lol great point. permalink embed save parent report reply [–]Alarmed_Peach3360Tin 2 points 7 hours ago Yeah,but they can control cash. Thats why they trying every possible way against bitcoin. permalink embed save parent report reply [–]Scarecrow4980 1 point 6 hours ago tell that to the drug king pins of the world. bitcoin has a public ledger that anyone can follow transactions. they can't do that when physical cash changes hands. permalink embed save parent report reply [–]leeljayPlatinum | QC: CC 55 | Superstonk 15 1 point 47 minutes ago In many cases in the past the drug kingpins have been finance by governments and their ilk permalink embed save parent report reply [–][deleted] 11 hours ago [removed] [–][deleted] 10 hours ago [removed] [–]Odysseus_LannisterPlatinum | QC: CC 1413 59 points 17 hours ago “The reason why the powerful in the current system denigrate Bitcoin is simple: Bitcoin challenges an order that has been in place for centuries regarding money creation. They want to keep the power of money creation at all costs. But Bitcoin is there to take the power of money creation out of the hands of the states and give it back to the people. It is therefore eminently political and strategic reasons that motivate governments, the World Bank, the IMF, the Fed, or the ECB when denigrating Bitcoin.” This is 100% true. Removing the central authority from the picture for creating/regulating currency means that those institutions lose influence and economic power that they’ve fought to create and hold for years. permalink embed save report reply [–]CryptoScamee42069Tin 25 points 16 hours ago Absolutely correct. No government appreciates limitations on their ability to create and control money, and with it, society. permalink embed save parent report reply [–]mAsuKinguuu-Bronze | 1 month old | QC: CC 16 2 points 10 hours ago Robbers hate fellow robbers permalink embed save parent report reply [–]mouthbreathing_idiotTin | 1 month old | Economics 24 -2 points 6 hours ago Our government, being a democracy (despite the efforts of right wingers) is drawn from and accountable to the people. 'The Government' is not separate from society. permalink embed save parent report reply [–]PeanutButterCumbot 3 points 5 hours ago Surprised to hear you live in a democracy. I wasn't aware of any actual, functioning democracies in the world. For instance, the United States is a republic of federated states. Where do you live? permalink embed save parent report reply [–]mouthbreathing_idiotTin | 1 month old | Economics 24 -4 points 5 hours ago The United States is, notwithstanding the efforts of many, a democracy. Hopefully with a few reforms (eg expanding the house and rebalancing SCOTUS, making DC a state) the foundations will be shored up against whatever onslaught comes next. permalink embed save parent report reply continue this thread [–]CryptoScamee42069Tin 1 point 4 hours ago* I said control society, but since you raised it, I would still argue a degree of separation from society. I’m assuming you’re from the US given the context. It was founded as a representative democracy but it has operated quite separately from society for some time. The founding fathers viewed the British political system with disdain. They considered party politics to be divisive and dysfunctional. The US was instead founded as a true representative democracy. Later, that changed and you became arguably the single most party political country on earth. So are your representatives drawn from society? Yes. Can anyone do it? No. Campaigns are obscenely expensive and requires substantial backing from parties and big business. This breeds a form of elitism that renders representation being out of touch for most of society, and for those that it isn’t, it still usually comes with selling out your values or becoming a puppet of other forces. Next, there’s your election structure. Super Tuesday is a long held tradition from a time hosting an election on a Sunday was blasphemous and it commonly took civilians two days to reach the nearest township on horseback. That continues as a tradition today even though it is well known that it disenfranchises the working class. Voting is also not compulsory, so there’s no incentive for businesses to ensure voters have the ability to do so (in ‘the land of the free’ no less). There’s also the electoral college that manipulates the value of votes. A true representative democracy would measure all votes equally. This, on top of Super Tuesday preventing all citizens from being able to vote reinforces how the government doesn’t necessarily function in the best interest of society, or as part of it. You are able to vote for a small number of representatives that are often hand picked and groomed, not necessarily passionate members from society that put their hand up. You also may not have the chance to vote, and your vote may weigh differently to that of others. Aside from voting from someone else, how accountable are they? Public discourse doesn’t control them, they are rarely prosecuted for crimes and corruption. They may be impeached or stand down but continue living their elitist life otherwise unaffected. You can submit FOI requests to hold the government accountable and those requests can be denied. Whistleblowers are imprisoned and prosecuted aggressively often when trying to expose matters of government wrongdoing or other things of great public interest. I think they operate quite independently from society and certainly control it. permalink embed save parent report reply [–]OneThatNoseOneBronze 5 points 14 hours ago It has been overt collusion between Wall Street and monetary government forever. You make tons through your system as a company, and we don't crush that system if you allow government oversight and controls into it . Also on the personal level you give us kicksbacks through political donations and we don't change our minds about you and keep the narrative of you as a public social good. permalink embed save parent report reply [–]Cat_PosterBronze | QC: CC 18 3 points 9 hours ago Long before wallstreet. Governments have been using fiat for hundreds of not thousands of years, simply creating new ones when their experiments and policy fail. The people creating their own that no one control must piss them the fuck off lol permalink embed save parent report reply [–]CaffdyTin | 1 month old 6 points 12 hours ago Crypto cutting the middle-man in our financial system is gonna be one of the greatest triumphs of society, more power to the people permalink embed save parent report reply [–]jesschesterPlatinum | QC: CC 57 | CRO 10 | ExchSubs 10 2 points 9 hours ago* The only thing I would change about this statement is to replace the word ‘crypto’ with decentralized businesses technology. Cryptocurrency is just one specific application within a larger suite of solutions called Blockchain which is just one method inside of a larger movement called decentralization. Other powerful industry disruptor examples include ride share apps, homestay apps, open source technology, online marketplaces and so on. In short, P2P/crowd tech in general will only keep advancing and will be one of the greatest most revolutionary triumphs of society. That is our biggest hope of closing the wealth disparity gap and eliminating corrupt and predatory behavior. permalink embed save parent report reply [–]rph_throwawayPlatinum | QC: CC 31 | Android 28 -1 points 10 hours ago The fact that you think bitcoin actually threatens the USD is hilarious. It's a speculative asset, don't let your greed poison your critical thinking skills. permalink embed save parent report reply [–]BlooberinoPlatinum | QC: CC 1243 23 points 18 hours ago tl;dr it's about power and control permalink embed save report reply [–]GreenbriarbushwackerPlatinum | QC: CC 184 7 points 18 hours ago Isn’t everything these elites are involved in permalink embed save parent report reply [–]BornsyPlatinum | QC: CC 98 2 points 16 hours ago Thank you! Saved me a read. permalink embed save parent report reply [–]OneThatNoseOneBronze 2 points 14 hours ago Have you ever considered being an author or monetary analyst? permalink embed save parent report reply [–]Scarecrow4980 2 points 10 hours ago as it always is from those who put themselves on a pedestal. permalink embed save parent report reply [–]deltavictoryPlatinum | QC: CC 491, ETH 144 | TraderSubs 146 1 point 48 minutes ago As with every centralized government… permalink embed save parent report reply [–]mbearthewelowfTin 9 points 18 hours ago They enjoy controlling people permalink embed save report reply [–]Odd-Radio-8500Tin | 1 month old 2 points 16 hours ago True enjoying power to control people permalink embed save parent report reply [–]OneThatNoseOneBronze 1 point 13 hours ago Dark Brandon scheming with his conclave permalink embed save parent report reply [–]ichealbalisTin 25 points 18 hours ago Because they are a bunch of asshole permalink embed save report reply [–]ortenewpoudTin 9 points 17 hours ago Obviously they are permalink embed save parent report reply [–]Old_beercan76Tin | 2 months old 13 points 17 hours ago Because the government is not incentivized to improve! Imagine a grocery store who only has bad parking only at the back of a lot, another grocery store across the street that has better parking options will steal that stores business, because the free market dictates it! But now imagine parking at the DMV, its terrible, and there is no OTHER DMV TO GO TO, so you're stuck with the shitty parking options. That's government. permalink embed save parent report reply [–][deleted] 15 hours ago [deleted] [–]Old_beercan76Tin | 2 months old 1 point 14 hours ago Statistically speaking votes do not matter. You are far more likely to be hit twice by lightning then have your vote make an impactful difference even in swing states. Pessimism is warranted when talking about influencing powerful entities that run the world. permalink embed save report reply continue this thread [–]GayTrainPressureTin 0 points 12 hours ago* Votes don’t matter, but voting does matter because no one has the right to vote. permalink embed save report reply [–]TorsoPantiesTin 1 point 14 hours ago Now explain monopolies to get the full picture permalink embed save parent report reply [–]Old_beercan76Tin | 2 months old 4 points 14 hours ago Imagine you live on a street with 10 houses, each house has a child, and you all shop at the same grocery store. On hot summer days everyone sets up a lemonade stand to make money. Thing is, as soon as one stand makes it's first sale it uses those funds to buy more lemons from the store, dwindling the stores supply. Next door see's this and decides to join forces. They are buying all the lemons they can. Even if you sell some lemonade you will not be able to resupply yourself and will eventually go through your inventory and wont have anything left to sell. Meanwhile, those that teamed up not only can continue to make the more lemonade but they bought so many lemons from the store that the store gave them exclusive rights to be the first purchaser of all lemons that get restocked. So even if you BORROW some money from your mom to buy more lemons, you are second in line, and will remain there, unless you join forces with the kids across the street. permalink embed save parent report reply continue this thread [–]Salad4HungrysTin | CC critic 1 point 16 hours ago literally they are permalink embed save parent report reply [–]selphfourgivenessSilver | QC: CC 220, BTC 28 | r/CMS 26 | Superstonk 24 2 points 15 hours ago Sometimes the simplest answer is the best permalink embed save parent report reply [–]1000xcoinsTin | 1 month old 1 point 16 hours ago The real reason permalink embed save parent report reply [–]lowkey_loki97Tin | 1 month old 1 point 16 hours ago nothing more need to be said permalink embed save parent report reply [–]Salad4HungrysTin | CC critic 1 point 16 hours ago Absolutely a asshole permalink embed save parent report reply [–]FillupDubyaTin 1 point 14 hours ago Hahaha yeah they are!!!! permalink embed save parent report reply [–]OneThatNoseOneBronze 1 point 14 hours ago The simple answer and thefe satisfying answer permalink embed save parent report reply [–]lumpletfure00Tin 14 points 18 hours ago I think once government have power or control over crypto the purpose of crypto will be defeated permalink embed save report reply [–]Mr_Bob_FergusonBronze | 6 months old | QC: CC 18 6 points 17 hours ago It’s about working out how to put in a level of regulation to limit the volume of scams, yet still remain decentralized so that no single government can control it and we can realize the benefits of crypto. It will be interesting to watch the balancing act play out over the next few years/decades. permalink embed save parent report reply [–]nzokot5 0 points 17 hours ago It's always funny to me how people talk about decentralization and "crypto". The Truly decentralized "Crypto" is Bitcoin, the rest are 90% decentralized AT BEST. permalink embed save parent report reply [–]_ncko 1 point 14 hours ago How so? What makes bitcoin decentralized and eth not? permalink embed save parent report reply [–]cosmicaltoasterTin 2 points 16 hours ago Do you understand blockchain technology? permalink embed save parent report reply [–]EdgeLord19941Tin 1 point 17 hours ago Can they even do that to bitcoin at this point? Would other countries allow it? permalink embed save parent report reply [–]CryptoScamee42069Tin 3 points 16 hours ago I don’t think it’s so much about what other countries can or will allow, but how governments claim sovereignty over certain elements of crypto. No country owns the blockchain, but the SEC has authority over US citizens, which means they can impose regulations or laws on investors or projects operating out of US territory. That includes tax frameworks so they can raise revenue to which they believe they entitled (bastards) and regulating certain aspects of the market by their own standards. As someone else said, that may look like protecting US citizens from scams or assets that don’t sufficiently meet their registration, licensing or reporting requirements, or it could be any number of other things. That’s why the SEC claim ETH may be a security is such an interesting case study because they now know following the merge that the majority of PoS is on US soil, so it gives them the legal right (by their own laws) to regulate and control it. That aside, at the end of the day, the biggest impact individual nations can have is on their own population and I think aggressive regulation is counterproductive. It undermines transparency and honesty where people will find loopholes to not pay those taxes, report capital gains or use shell companies etc to move their activities away from their resident country. The best approach for governments, in my opinion, is to embrace the opportunities the blockchain provides. Regulate it to make it safer and more secure for your people, sure, but realise that utilizing it and supporting projects to innovate and operate within your country can provide substantial economic benefit. Alas, governments don’t give a shit what we think, so we’ll see what happens… permalink embed save parent report reply [–]TheeAccountantSilver | QC: CC 81, DOGE 36, ETH 18 | CRO 368 | ExchSubs 368 2 points 16 hours ago A free people don’t need babysitting by daddy government. “The illusion of freedom will continue as long as it's profitable to continue the illusion. At the point where the illusion becomes too expensive to maintain, they will just take down the scenery, they will pull back the curtains, they will move the tables and chairs out of the way and you will see the brick wall at the back of the theater.” -Frank Zappa We’ve seen some gaps in that curtain over the past two years. If the government decides that crypto is a threat to its power, it will simply make it illegal. As long as they can sufficiently control it, or it doesn’t affect the majority of their power, they will not expend much energy over it. The centralized government has zero interest in protecting any of us proles, despite whatever lame excuse they might parrot. All it cares about is protecting itself - it’s control and it’s power. permalink embed save parent report reply [–]jesschesterPlatinum | QC: CC 57 | CRO 10 | ExchSubs 10 1 point 9 hours ago Nobody can do anything to bitcoin. That’s the whole point. It’s beyond the control of any bad actor no matter how powerful. permalink embed save parent report reply [–]NiGhTShR0uDPlatinum | QC: CC 774 | IOTA 9 1 point 16 hours ago All they need to do is control the regulation around it. permalink embed save parent report reply [–]cancerpirateDTin | LRC 20 | Superstonk 36 1 point 14 hours ago you cannot control bitcoin or ethereum, period. permalink embed save parent report reply [–]OneThatNoseOneBronze 1 point 14 hours ago I think governments will defeat themselves trying to gain that power an control. Have you seen their track record? The fact that crypto got this far and the amount that they're panicking says quite a lot. permalink embed save parent report reply [–]GayTrainPressureTin 1 point 12 hours ago They cannot control crypto. Influence, yes. Control, no. And we can limit our influence by realizing the true nature of government permalink embed save parent report reply [–]jesschesterPlatinum | QC: CC 57 | CRO 10 | ExchSubs 10 1 point 9 hours ago The only crypto government control is a CBDC which even if implemented will not suddenly erase the True decentralized cryptocurrencies. permalink embed save parent report reply [–]KAX1107 3 points 17 hours ago* “Permit me to issue and control a nation's money supply, and I care not who makes its laws.” Mayer Rothschild Everybody you mentioned wants to control the money supply. They can't kill Bitcoin. All they can do is use your own ignorance against you to prevent you from understanding Bitcoin and keep their control. Exit fiat. Enter Bitcoin. permalink embed save report reply [–]jesschesterPlatinum | QC: CC 57 | CRO 10 | ExchSubs 10 1 point 9 hours ago So true. They are seasoned professionals at controlling the narrative if nothing else. Even in the realm of traditional finance we are systematically kept in the dark, intentionally under-educated about financial concepts and laws that can set us free. permalink embed save parent report reply [–]BuyETHorDAIPlatinum | QC: CC 495, ETH 93, ATOM 59 | Politics 20 3 points 14 hours ago* Bitcoin doesn't challenge anything. It's almost completely useless, and its issuance policy is unsustainable and will ultimately lead to lower and lower security until the chain is completely abandoned, much sooner than 2140. To be honest, I feel horrible for newbies coming into crypto and thinking Bitcoin is "safe". A bunch of people are going to get rekt in the next 3-4 halvenings once issuance plummets and miners start shutting down their machines leaving the chain susceptible to attack. People will cry to regulators just like the Luna fiasco and all of crypto will be worse off. There's two options that I see: Bitcoiners become self aware and realize that they need to hard fork to include the capability of verifying zk proofs onchain allowing true L2s (that actually accrue fees to the base chain) in addition to adding a tail emission (and breaking the 21M cap) to maintain sustainable security Bitcoin fails to change and remains the same as it is today and ultimately collapses. There's still time, it just requires gasp off chain governance. Let's see what Bitcoiners choose. permalink embed save report reply [–]btcethmaxiTin | 0 months old 3 points 18 hours ago Because they cannot control it. permalink embed save report reply [–]obstectorishernTin 7 points 18 hours ago The government cannot infiltrate the crypto world If they could I know they'll have already done that permalink embed save report reply [–]deathbyfish13Premium Shitposter 5 points 17 hours ago Maybe they already have... puts tinfoil hat on permalink embed save parent report reply [–]Mr_Bob_FergusonBronze | 6 months old | QC: CC 18 1 point 17 hours ago So true. If they had/have, it would still be way too early to have found out about it. permalink embed save parent report reply [–]CryptoScamee42069Tin 1 point 16 hours ago Hey, you take that off quick stat! permalink embed save parent report reply [–]lowkey_loki97Tin | 1 month old 3 points 17 hours ago True. why do you think the gov't is offering a bounty to whoever cracks monero in the first place? permalink embed save parent report reply [–]obstectorishernTin 4 points 17 hours ago Yes, they must be very piss off that they paid 625 thousand for cracking monero permalink embed save parent report reply [–]Harucifertwitch.tv/Harucifer 1 point 17 hours ago Small time hackers can do 51% attacks in small coins like Verge, ETC and Vertcoin. You really don't think the government could easily fuck up a few of the medium-big coins? permalink embed save parent report reply [–][deleted] 17 hours ago* [deleted] [–]jesschesterPlatinum | QC: CC 57 | CRO 10 | ExchSubs 10 1 point 9 hours ago Regardless of its origins, it is out of their control now. permalink embed save report reply [–]ebaleyTin | QC: BTC 61 | CC critic 1 point 11 hours ago Ironically they use "crypto" to attack Bitcoin. i.e. stuff like Ethereum. permalink embed save parent report reply [–]ShinAlastor 2 points 17 hours ago They are the first ones taking profit and want to keep away the common people from it. permalink embed save report reply [–]Coalas01Tin 2 points 17 hours ago The whole point of crypto is to have a government free currency without all the bullshit attached to governments. Let Crypto breath. permalink embed save report reply [–]aNNyHyLaToRTin 2 points 16 hours ago Not only Bitcoin, but Crypto as a whole, don't forget that. permalink embed save report reply [–]demomercuryPlatinum | QC: CC 338 2 points 18 hours ago And my Axe! permalink embed save report reply [–]MaeronTargaryenTin 2 points 18 hours ago Because they don’t want anyone to go around the system. I’m surprised they haven’t outlawed putting money under your mattress permalink embed save report reply [–]Mr_Bob_FergusonBronze | 6 months old | QC: CC 18 1 point 17 hours ago Plenty of times throughout history where women, blacks and other minorities have not been allowed to hold cash or assets. permalink embed save parent report reply [–]Kraz8sPlatinum | QC: CC 124, LW 100, Coinbase 18 | VET 6 | ExchSubs 20 1 point 18 hours ago 🤫 don't give them ideas. permalink embed save parent report reply [–]reddito321 2 points 18 hours ago Changed Bitcoin to USD in one part of the text and it sounds about right: They will tell you that USD is being used massively on the Dark Web for illegal activities. They will even go so far as to say that USD facilitates the financing of terrorism and the resale of weapons and drugs. permalink embed save report reply [–]reddito321 1 point 17 hours ago TL;DR: The reason why the powerful in the current system denigrate Bitcoin is simple: Bitcoin challenges an order that has been in place for centuries regarding money creation. It’s a nice read and I recommend everyone to do so. permalink embed save parent report reply [–]CreepToeCurrentSeaUsername says it all 1 point 18 hours ago Spoiler Alert: It's not about the concern of the public permalink embed save report reply [–]Cravensworth_reduxPlatinum | QC: CC 40, DOGE 22 | BANANO 6 1 point 18 hours ago Because they spent in some cases hundreds of years building a currency and don't want some upstarts fucking it? permalink embed save report reply [–]Slainte042Platinum | QC: CC 540 1 point 17 hours ago It's like the communists banning religion, they don't want competition. permalink embed save report reply [–]Roberto9410Platinum | QC: CC 788 1 point 18 hours ago Because they have our best interest at heart and are just trying to protect investors /s permalink embed save report reply [–]CartographerActive29Tin 2 points 17 hours ago Don't forget how awesome a job Biden is doing! permalink embed save parent report reply [–]platniumpersonTin 1 point 17 hours ago They can't control it, and they can't stop it. That's why they are pushing hard for the digital dollar for the new world order. permalink embed save report reply [–]lurninandlurkinTin | 1 month old 1 point 17 hours ago Talk it down, start frivolous law suits and buy the dips they created, just like JP Morgan seems to be doing. permalink embed save report reply [–]coinfeeds-botApproved CC Bot 1 point 17 hours ago tldr; The World Bank, the IMF, and other major institutions keep falsely denigrating Bitcoin, writes Nassim Taleb. The reason is simple: Bitcoin challenges an order that has been in place for centuries regarding money creation at all costs. Bitcoin is there to take the power of money creation out of the hands of the states and give it back to the people, Taleb argues. This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. permalink embed save report reply [–]Julia_VinTin 1 point 17 hours ago The government could easily fuck up a few of the medium-big coins permalink embed save report reply [–]kryptoNoob69420Platinum | QC: CC 546 1 point 17 hours ago So that their subjects remain shackled and submissive? permalink embed save report reply [–]Tatakae69Platinum | QC: CC 888 1 point 17 hours ago Because the rich want to keep us poor. permalink embed save report reply [–]sporobolus_spTin | CC critic 1 point 11 hours ago Sad but true permalink embed save parent report reply [–]kirtash93The Ash Ketchum of Crypto | Gotta Catch 'Em All 1 point 16 hours ago They are jealous. They are like Borat neighbour. Borat(BTC) gets something, neighbour get something but wors. permalink embed save report reply [–]brydawgbryTin 1 point 16 hours ago They scuuurrrrdd! permalink embed save report reply [–]ShreyashKesarTin 1 point 16 hours ago Exactly the same way renewable energy have been so hard to push out because it challenges the petroleum market and affects US dominance permalink embed save report reply [–]kmpoaquestsTin 1 point 15 hours ago The real answer can be found in this documentary called the matrix permalink embed save report reply [–]Sav89_Tin 1 point 15 hours ago They hate bitcoin because if they ban it outright, they're fucked in the future. Theyre trying to influence public opinion and get the jump on the future of financial markets simultaneously. permalink embed save report reply [–]Nooodles__Tin 1 point 15 hours ago Hungry for power, control and manipulation. You’re welcome. permalink embed save report reply [–]UnlixGh0stTin 1 point 14 hours ago What can I say but, that's true. permalink embed save report reply [–]aliensmadeusPlatinum | QC: CC 45 | IOTA 9 1 point 14 hours ago but honest question, doesn't this create a situation thats almost impossible to win for us? permalink embed save report reply [–]pizza-chitfiat miner and burner 1 point 14 hours ago "I want less power than I had yesterday" -said no government ever permalink embed save report reply [–]TheOnlyVibemasterTin 1 point 12 hours ago Money is power and the more money a government has the more power a government has over its people permalink embed save report reply [–]sporobolus_spTin | CC critic 1 point 11 hours ago And Goverments move by rich people’s interest permalink embed save parent report reply [–]TheOnlyVibemasterTin 1 point 11 hours ago They’re controlled by the rich permalink embed save parent report reply [–]Scarecrow4980 1 point 10 hours ago elitists SUCK! permalink embed save report reply [–]inaziodeloyolaTin | ADA 5 1 point 10 hours ago They do not like competition. permalink embed save report reply [–]AllTimeHigh007Tin | 5 months old 1 point 10 hours ago Personally, I think the elites are the architects behind the blockchain from its inception. Simply been market testing. permalink embed save report reply [–]HannyBo9Platinum | QC: CC 59 1 point 9 hours ago All of those entities are really the same and they need slaves to survive. permalink embed save report reply [–]Amazing_Succotash677Tin 1 point 6 hours ago Cuz it threatens them permalink embed save report reply [–]sc00ttieTin 1 point 6 hours ago Bitcoin challenges governments monopoly on currency creation and its inflation. Cantillon effect is how they pick winners in the corporatism marketplace. permalink embed save report reply [–]mouthbreathing_idiotTin | 1 month old | Economics 24 1 point 6 hours ago And here is exhibit C on why the real world sees cryptobros as a bunch of cranks and fantasists. Bonus: I think this piece has crossed the conspiracy theory antisemitic point of no return (scroll down for the fun chart). permalink embed save report reply [–]YvngDesmosTin 1 point 5 hours ago It was obvious that they were not all unbiased about Bitcoin. permalink embed save report reply [–]lordchickenburgerMoon and bitcoin are me love 1 point 4 hours ago they just want control permalink embed save report reply
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