Bitcoin/Ethereum/cryptocurrencies

Yeah, who’s holding the gold ? Is this newly backed money going to be fractionally reserved and loaned out? To the extent it will be , then it will become less gold backed until there will be the equivalent of Nixon closing the gold window.
exactly

gold standard as a reserve of paper is useless; if it's not physical gold/silver/copper in hand being bartered, it might as well be Bitcoin

everything else is just some shade of make believe and "dude, trust us"
 

Over70irregs

Well-Known Member
Yeah, who’s holding the gold ? Is this newly backed money going to be fractionally reserved and loaned out? To the extent it will be , then it will become less gold backed until there will be the equivalent of Nixon closing the gold window.
Yeah going back to Nixon’s 1971 switch up is not my idea of good. It will be between nations not everyday folks. They could just use a $ proxy they claim they have gold for. But it will be inflated also. People will sell their souls for a cbdc debt jubilee…. I’m sure they want to choke people with debt to push them over the acceptance edge.
 

Over70irregs

Well-Known Member
All I know is big $ boys are filing etf’s like crazy for a reason. They only tell you about the big boys.
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This is the only asset where you can be ahead of the big guys. The halving is next year they know that also. I didn’t know what it was in 2020. People were telling me but I had 0 concept…. My focus is
1. Bitcoin-obvious
2. Nostr-It will be the future. Countries will want no gates on them kinda like SWIFT. But its a communications protocol.
You cannot sell what you don’t already have.
 

Over70irregs

Well-Known Member
Eth goal has always been to be captured by Central Banks. Brazilian Central Bank is launching a CBDC pilot using an ERC20 token standard with built in abilities to freeze and manipulate transactions.
 

Over70irregs

Well-Known Member
“ They” don’t matter. It’s a decentralized knowledge graph hosted by hundreds of nodes.

I know of at least 5 different cloud services that are used along some people that host their nodes locally.
Look beyond the bag 💰 There is a reason for their season. You cannot move without their say so.
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Over70irregs

Well-Known Member
“ They” don’t matter. It’s a decentralized knowledge graph hosted by hundreds of nodes.

I know of at least 5 different cloud services that are used along some people that host their nodes locally.
Dude….. c’mon didn’t anyone tell you the cloud is CAPTURE. I’m going to leave this here and chill…
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