I'm very skeptical of any "currency", including "USD" Federal Reserve (private corporation fiat currency) and Bitcoin that's backed by nothing! You can't hold it. A set of quality mechanics tools, a tool used for self-defense or to hunt/fish with, rich soil I can grow food that's not full of Big AG/Monsanto Bayer ☣️☠️ chemicals are all worth more to me than crypto or fiat currencies. Prove this isn't true.
You can "hold it" if the US dollar (not fiat) is backed by it. It's finite...only 21 million bitcoins can ever be mined. What makes something valuable? Why do we value gold or silver?
Besides being able to make beautiful things from metals like Silver, Gold, Copper and in high demand for electrons, they have intrinsic properties, frequencies that beneficial to living creatures, plants...
Fiat currency, i.e. federal reserve $, Bitcoin have no intrinsic value. At most it's temporary imaginary placeholder someone perceives has value to use for trading for things one can hold, use... If it's important for you to have an electronic ledger that indicates you "own Bitcoin", enjoy. When the power goes out, how will you use it?
I personally believe that we will see the end of the federal reserve and the fiat dollar and our country will move back to the US Treasury dollar backed by gold. I just happen to think that the “gold” that will back it, will be BITCOIN.
I don't know that we are at this point in time. If the power goes out, so does the SWIFT system, so does access to ATMs, so do debit and credit card terminals. I think that bitocin could eventually be what backs the dollar. God shall destroy the fed! How many free energy patents are being blocked and hidden by our government? Another area where we need the Trump admin to do the right thing and release this info.
I'm very skeptical of any "currency", including "USD" Federal Reserve (private corporation fiat currency) and Bitcoin that's backed by nothing! You can't hold it. A set of quality mechanics tools, a tool used for self-defense or to hunt/fish with, rich soil I can grow food that's not full of Big AG/Monsanto Bayer ☣️☠️ chemicals are all worth more to me than crypto or fiat currencies. Prove this isn't true.
You can "hold it" if the US dollar (not fiat) is backed by it. It's finite...only 21 million bitcoins can ever be mined. What makes something valuable? Why do we value gold or silver?
Besides being able to make beautiful things from metals like Silver, Gold, Copper and in high demand for electrons, they have intrinsic properties, frequencies that beneficial to living creatures, plants...
Fiat currency, i.e. federal reserve $, Bitcoin have no intrinsic value. At most it's temporary imaginary placeholder someone perceives has value to use for trading for things one can hold, use... If it's important for you to have an electronic ledger that indicates you "own Bitcoin", enjoy. When the power goes out, how will you use it?
I personally believe that we will see the end of the federal reserve and the fiat dollar and our country will move back to the US Treasury dollar backed by gold. I just happen to think that the “gold” that will back it, will be BITCOIN.
Can I ask how we are protected from power grid manipulation?
I don't know that we are at this point in time. If the power goes out, so does the SWIFT system, so does access to ATMs, so do debit and credit card terminals. I think that bitocin could eventually be what backs the dollar. God shall destroy the fed! How many free energy patents are being blocked and hidden by our government? Another area where we need the Trump admin to do the right thing and release this info.