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[–][deleted] 5 insightful - 1 fun5 insightful - 0 fun6 insightful - 1 fun -  (4 children)

we won't fix the current system until we have sound money, the usd dollar is corrupt and they can print endless amount of money

this is the root of the problem, the black people shooting is a distraction,

something is odd about this video, why is a grown man crying saying "dont shoot me"

he keeps yelling and is not listening to the officer, is this normal for black americans people?

luckily for me, i live in a white neighbourhood and no black people around,

But from the videos online that i see, it always seem like black americans cant understand simple commands,

they are loud, and always causing a commotion,

this is probably because of years of failed eduction and a government that prints endless money and causes endless wars,

the previous US administrations do not care about the citizens, as we can see Clinton was raping young girls and lying about sexual relations

its a big mess, and the only way to fix it , is to implement a new monetary system

money were governments arent able to print endless money, the bankers are the problem

now, i say black americans, because black africans from africa are much more civilized

there was something wrong with george floyd,

was he on drugs? or did he just have a low iq?

his death was used against low IQ americans to start a BLM movement,
the left leaning americans arent very bright!

the USA is big mess!

i think bitcoin should be the new world's reserve currency,

[–]justjoggin 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (3 children)

I agree with your take on sound money. But With bitcoin, Don’t processing fees and processing time jump way up the more people there are using it?

I remember when it jumped to 18000, it was ridiculous. Pioneering merchants said “f this,” and dropped it. Too much trouble.

And what incentive is there to run a worker server when all the mineable bitcoin runs out? I don’t know much about how it works.

[–][deleted] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (2 children)

Yes. You are right. The processing fees and time jumped up when there was a lot of people using it. During 2017 it was an attack on Bitcoin. The big banks hired people to pump and dump shitloads of money into Bitcoin. Their plan was to buy most of it up and dump it. They thought it would go down so low that people would get scared and loose interest. That would be the end of Bitcoin. Turns out. It wasn't.

There is hardcore people who know that Bitcoin is the future and will destroy the Banks without ever shooting a bullet. The will not sell just for a pump and dump.

Bitcoin is still in high development everyday. Most people use the excuse that Bitcoin is not able to handle the whole world and so it's useless. But since Bitcoin was invented. It has been getting constant upgrades and new features. They added more features such as segwit which is able to send money cheaper and quicker. They even developed a second layer called Lightning.

Bitcoin is like the internet. It keeps getting more technical and more features to make it faster and better. It's always innovating.

The bankers and governments hate Bitcoin. Because they cannot control it.

Now, by running a Bitocin miner, yes the incentive is to make money from transactions. After that, someday in the long long future when all the Bitcoin are mined. The incentive is to verify the transactions, and get a small amount of profit. But profit is vey small.

That is perfect. I mean, most people dont like the fact that all people care about if profit profit profit. The incentive will be to keep the Bitcoin system running and helping the world become free of Banking Institutions. It's a very good incentive.

Bitcoin has come a long way and will continue to become faster and better. We are the early adopters.
It's going to fix many of the problems around the world that the banking institutions caused and continue to produce.

Its simply the future. Its hard for people who don't understand computers or money to understand it. But i suggest you start to learn it.

Free yourself and opt out of the System. Buy Bitcoin

[–]lordNikon 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

So if one of us was looking to invest in bitcoin what would be the best method of going about it? What's the safest wallet? Got any good links? Personally I feel the current finances locally will be crashing more as time goes on so I'm interested in just keeping a stabler currency, never thought it would be the bit, gold feels boring though and maybe bitc will pay off, worth a roll of the life dice.

[–][deleted] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

I would start out with coinbase.com

coinbase is an online wallet, safe and regulated, and your money is insured, It's a good place for beginners.

Once you get the hang of it, you can move to with more technicial platforms and offline wallets,

i started off with coinbase and now use bitstamp and mobved to wasabi wallet

yes, the current money is going to get worse, inflation, devalued, people are moving away from bad money and into good money

stay away from gold, its old money, its difficult to sell and use, i have a bar of gold, and i cant sell it unless i go to a special place and the fees are high,

gold worked in the past, but everything is digital now, Bitcoin is the future