Here is why a ban on cryptocurrencies may not be even possible

[369]

Do you have any reasoning of your argument again on this one or how do you come to these conclusions?
Why is a marketing even needed when you can sell to a guillable populace whatever they want when you can just decree stuff?
Also no one cared about that for the first 4 years and hence is the complete opposite way of the lets say usual marketing plots which come out of seemingly nowhere and hit you in the face.

If you want to make a transfer from paper money to virtual money you first need to teach people how to use the tech.
Secondly 15 years ago noone would accept virtual money from governments claiming they just won't use it.
Now have a look how many people are using virtual money and promoting it as the future.A great marketing stunt.
And why is bitcoin a ponzi ?Because its value raise based on people pumping money into it.So once the accumulated coins in the beginning phase gets dumped what will be left for these people ?
How you thing these mega dumps are happening in a few days from 67k to 28k?Did half the bitcoin holders take out their money ?

Now about bitcoin.Bitcoin is a bankers product created in 2006.
Did you made a research what happened in the past with any even smallest regional alternative currency ?It instantly got smashed by government and the inventer jailed.
Why you think there never was a ban on crypto other than verbal ?They could have destroyed bitcoin 1000 times already.
Anyone claiming bitcoin can't be stopped doesnt understand the tech behind it or market rules.
Make the exchange from crypto to fiat illegal and the price will tank by 95% instantly

 

[JackAlabama]

If you want to make a transfer from paper money to virtual money you first need to teach people how to use the tech.
Secondly 15 years ago noone would accept virtual money from governments claiming they just won't use it.
Now have a look how many people are using virtual money and promoting it as the future.A great marketing stunt.
And why is bitcoin a ponzi ?Because its value raise based on people pumping money into it.So once the accumulated coins in the beginning phase gets dumped what will be left for these people ?
How you thing these mega dumps are happening in a few days from 67k to 28k?Did half the bitcoin holders take out their money ?

Now about bitcoin.Bitcoin is a bankers product created in 2006.
Did you made a research what happened in the past with any even smallest regional alternative currency ?It instantly got smashed by government and the inventer jailed.
Why you think there never was a ban on crypto other than verbal ?They could have destroyed bitcoin 1000 times already.
Anyone claiming bitcoin can't be stopped doesnt understand the tech behind it or market rules.
Make the exchange from crypto to fiat illegal and the price will tank by 95% instantly

Yep. But Bitcoin has no company and no CEO to be jailed as these are not existent or not known.
So what is now your argument of it being stopped regarding to the tech?
Why 2006?

Well such mega dumps (and pumps) happen with all tiny (and illiquid assets). I deal with penny and very small cap stocks and it is largely the same behavior there. Small market caps invite huge dumps and pumps. Just recently had one pumping 13% in one day.

Money is virtual already for a long time. Most (in the West) use cards, online bank apps and bank wires for most of all purchases and this is already virtual money completely unbacked and even more unreal than Bitcoin which at least is mathematically specified. Same goes for these cool hippster fintech banks.

The argument of USA banning it is largely over. They instead go the path of taking profit of a nascent industry and milking the cow by trying to sandbox it instead of repeating the failed wars on xyx. This can be seen by having the big guys in for some time and shilling it.
No one cares if banana republic xyz tries to ban something.

 

[369]

Yep. But Bitcoin has no company and no CEO to be jailed as these are not existent or not known.
So what is now your argument of it being stopped regarding to the tech?

And ?To destroy bitcoin they just need to ban the exchange of crypto to fiat and bitcoin will dump to nirvana.What is bitcoin worth if you can't use it to pay any bills or get fiat ?
Also they could just take the 51% attack and have control over the whole network.
Or they just use the bitcoins from US banks like JPM to tank the price to near zero.

Why 2006?

Because that was the date when bitcoin was intern announced and provided by a major bank.

Well such mega dumps (and pumps) happen with all tiny (and illiquid assets). I deal with penny and very small cap stocks and it is largely the same behavior there. Small market caps invite huge dumps and pumps. Just recently had one pumping 13% in one day.

You clearly don't have knowledge about old style trader like accumulation and distribution phase aka Wyckoff etc.
JPM and some other major banks accumulated bitcoin already before 2011.Their reports show they logged in 2011 already on average 50 times a day on bitcoin exchanges.
Why you think they did so ?
What comes after the accumulation phase ?
Distribution.How do you get max profit and distribute a stock/crypto ?You pump the price and create hype/demand see NCLA which was also distributed by a major bank.
After distribution what happens ?The price tanks see NCLA from nearly $100 to $14 .

Bitcoin wouldn't exist already wouldn't the US/Nato lost the economic battle against BRICS and are forced to accept the YUAN as new world reserve currency which took them nearly 8 years to prepare.
That is also why the longterm analytic wave of bitcoin is so fucked up because it was not planned in the beginning to exist so long.
The report from JPM in 2011 clearly stated they plan a 2000% profit with bitcoin.

Money is virtual already for a long time. Most (in the West) use cards, online bank apps and bank wires for most of all purchases and this is already virtual money completely unbacked and even more unreal than Bitcoin which at least is mathematically specified. Same goes for these cool hippster fintech banks.

Do you understand what negative interest rates mean and money in blockchain ?
You can't escape their control and basicly they have full control over your money.Paper money is accepted nearly everywhere and you can pay as anybody even as criminal and your paper money will be accepted.Will you have a bad citizenscore in the future your service may be refused........
You need first to understand the control power virtual money on blockchain provides.
I recommend reading the "full dominance spectrum" which governments are implementing to understand that they want to control every aspect of your life.

The argument of USA banning it is largely over. They instead go the path of taking profit of a nascent industry and milking the cow by trying to sandbox it instead of repeating the failed wars on xyx. This can be seen by having the big guys in for some time and shilling it.
No one cares if banana republic xyz tries to ban something.

Bitcoin is their tool so why banning it LOL
Seriously what is the bankers expecially of US wet dream ?
A society with no paper money but virtual money.
US planned for decades to go full virtual.
It is already done deal world wide for a long time.

Their goal like written above a virtual money on blockchain with negative interest linked to gold (to limit its creation amount).
Why you think central banks are buying gold now ?Its for the purpose of the new digital currency which in reality is a one world currency because it will be created from CDR's

 

[JackAlabama]

And ?To destroy bitcoin they just need to ban the exchange of crypto to fiat and bitcoin will dump to nirvana.What is bitcoin worth if you can't use it to pay any bills or get fiat ?
Also they could just take the 51% attack and have control over the whole network.
Or they just use the bitcoins from US banks like JPM to tank the price to near zero.


Because that was the date when bitcoin was intern announced and provided by a major bank.


You clearly don't have knowledge about old style trader like accumulation and distribution phase aka Wyckoff etc.
JPM and some other major banks accumulated bitcoin already before 2011.Their reports show they logged in 2011 already on average 50 times a day on bitcoin exchanges.
Why you think they did so ?
What comes after the accumulation phase ?
Distribution.How do you get max profit and distribute a stock/crypto ?You pump the price and create hype/demand see NCLA which was also distributed by a major bank.
After distribution what happens ?The price tanks see NCLA from nearly $100 to $14 .

Bitcoin wouldn't exist already wouldn't the US/Nato lost the economic battle against BRICS and are forced to accept the YUAN as new world reserve currency which took them nearly 8 years to prepare.
That is also why the longterm analytic wave of bitcoin is so fucked up because it was not planned in the beginning to exist so long.
The report from JPM in 2011 clearly stated they plan a 2000% profit with bitcoin.


Do you understand what negative interest rates mean and money in blockchain ?
You can't escape their control and basicly they have full control over your money.Paper money is accepted nearly everywhere and you can pay as anybody even as criminal and your paper money will be accepted.Will you have a bad citizenscore in the future your service may be refused........
You need first to understand the control power virtual money on blockchain provides.
I recommend reading the "full dominance spectrum" which governments are implementing to understand that they want to control every aspect of your life.



Bitcoin is their tool so why banning it LOL
Seriously what is the bankers expecially of US wet dream ?
A society with no paper money but virtual money.
US planned for decades to go full virtual.
It is already done deal world wide for a long time.

Their goal like written above a virtual money on blockchain with negative interest linked to gold (to limit its creation amount).
Why you think central banks are buying gold now ?Its for the purpose of the new digital currency which in reality is a one world currency because it will be created from CDR's

Lol dude seriously. Do you know how to even make some at least rudimentary arguments based at least on some facts? No need to quote scientific hardcore papers some halfassed sources would have been already enough, but so far you have provided 0.

Hint: Posting some random facts pulled of your imagination and claiming "it is obvious", "you clearly do not know" and other blabla are not arguments nor help supporting your claims, these are unbiased opinions void of any kind of real substance.

You give way to much credit to these kind of bureaucrat apparatchiki which could not even manage a lemonade stand in the free market (and as a conclusion are drawn to these busybody positions) let alone setting up such a complex systems and long term plans something ike that for years (or even decades) you credit them to be able to.

Again, quote some of your sources used by you like these reports etc. in order to come to these conclusions. Would be interesting to read.

 

[369]

Lol dude seriously. Do you know how to even make some at least rudimentary arguments based at least on some facts? No need to quote scientific hardcore papers some halfassed sources would have been already enough, but so far you have provided 0.

Hint: Posting some random facts pulled of your imagination and claiming "it is obvious", "you clearly do not know" and other blabla are not arguments nor help supporting your claims, these are unbiased opinions void of any kind of real substance.

You give way to much credit to these kind of bureaucrat apparatchiki which could not even manage a lemonade stand in the free market (and as a conclusion are drawn to these busybody positions) let alone setting up such a complex systems and long term plans something ike that for years (or even decades) you credit them to be able to.

Again, quote some of your sources used by you like these reports etc. in order to come to these conclusions. Would be interesting to read.

You really belive there are public documents that bitcoin has been released by a US bank ?
You really belive there are public documents of their agenda to implemnt the new monetary system and its structur ?

You seem to be naive thinking that this kind of information are being shared public.
These informations are being shared inside small groups from people who have it directly from the source but who will NEVER make a public statement about it.
I'm in crypto since 2009 activly not just as a trader.
Did you ever met someone who is attempting the davos conference ?

 

[JackAlabama]

You really belive there are public documents that bitcoin has been released by a US bank ?
You really belive there are public documents of their agenda to implemnt the new monetary system and its structur ?

You seem to be naive thinking that this kind of information are being shared public.
These informations are being shared inside small groups from people who have it directly from the source but who will NEVER make a public statement about it.
I'm in crypto since 2009 activly not just as a trader.
Did you ever met someone who is attempting the davos conference ?

Everybody on the internet is a hero, Mr. Davosman please share you hypersuper topsecret reports. Thank you for the enlightenment. I would really need some of your unlimited wisdom.

 

[369]

Everybody on the internet is a hero, Mr. Davosman please share you hypersuper topsecret reports. Thank you for the enlightenment. I would really need some of your unlimited wisdom.

The diffrence between smart and average people is that the smart one can recognise when someone is legit based on his postings.
You you think its random bs its your decission.It won't affect me anyways.
What i learned in the past 10 years is that majority of people are not capable understanding many things so i even stopped trying to educate