Hey guys! Been a little while, friendly reminder...
- Thread starter cam_blev
- Start date
How do you use it if the grid goes down?
Hence why invest in tangible things incase of emergency. I wish everyone luck but congress is already looking on how to regulate it. Canada froze some of the truckers crypto wallets last week didn't they?
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did you see how in Canada they froze peoples bank accounts? thats why
No they froze back accounts they couldn't stop the bitcoin. THATS THE POINT
Im not planning for the apocalypse just the future
and we will use natural gas generators
but somebody smarter than me will figure it out because there will be financial incentive tothey can freeze any crypto on a centralize service but they cant stop bitcoin transactions from user to user
Im not planning for the apocalypse just the future
and we will use natural gas generators
Going to take more than a gas generator to keep the internet operating globally.
what kind of future are you planning for? do you have barbed wire fence up around your property and traps set?
I'm planning on relaxing as much as possible and hobbies. Unfortunately the world around you seems to have other plans. I went fly fishing this weekend. Crickets where I was hanging out.
Maybe you boomers can understand this. This isn't going away. Do you want social credit scores attached to your bank account? Do you want to spend US FedCoin where and when and on what they say you're allowed to?
If you want to resist tyrannical governments, the best way to do that is by using bitcoin.
States are starting to see the value in it and the business it will attract. WV needs to get on this train and leverage our energy production.
If you want to resist tyrannical governments, the best way to do that is by using bitcoin.
States are starting to see the value in it and the business it will attract. WV needs to get on this train and leverage our energy production.
Best way to resist tyrannical govts is to vote liberals out of office. Not going to happen in the cities, but maybe enough can be voted out nationwide.
Never said it would go away. I just don’t believe it will become what you hope it will. Regulation is coming for it and it isn't as tangible as Ithings I prefer to invest in. Best of luck though. For your sake hopefully you prove me wrong.
It has nothing to do with liberal/conservative, red/blue, rep/dem
at this point the importance is individualism or collectivism the republicans are authoritarian collectivists also don't let them fool you
Many of them are a problem, but nothing like those socialist Sanders, AOC, Talib, etc. Defund the police? Another marxist Soros idea. Soros is lucky I'm not President, I'd authorize him being relagated to room temperature. Every DA he's supported is hateful to the US.
the problem is the IRS..how can they classify it as property ,yet want it on your tax return as income or capital gains? you can't pay them in crypto...I can see people losing their houses and other assets..
If the grid goes down there will not be credit card or brokerage account money available.
Exactly my point. Everybody would be screwed if the power grid failed, not just Bitcoin users.
so your saying that the IRS doesn't know what the **** its dealing with and has no clue how they should move forward? I agree
Devaluing the U.S. dollar is extremely dangerous right now. Some that are pushing crypto need to understand this. It's exactly what our foreign enemies want. I will always believe gold and silver will be the safest investment as a back up plan. However It's other people gamble so they can do what they want with it. I think regulations are coming sooner than later for crypto though.
The US needs to jump balls deep into the deep water in full support of BTC and grab as much of it as possible so that when the global economic system collapses and realizes it needs BTC the US is still in the position of power. If the US wants to remain in the position of power it has had it would print money and buy BTC with it.
China making mining illegal was the nail in their coffin, 50%+ of mining is now in the US.
We should double down on energy sector with pipelines and nuclear plants
I get the more new people invest the more it raises the value of it for those that have already. It's not tangible so I don't see it working out the way some hope. Especially once the regulations come and they are coming. Maybe I will be wrong when it's all said and done.
They want to regulate what people are allowed to spend their resources on?
The harder governments try to squeeze to contain BTC the more it will decentralize in response. EU is ****** because they gave up all their reliable energy generation to start importing fossil fuels rom Russia. How'd that work out?
Nations have to shift toward being energy independent and bitcoin makes that economically feasible