#UPDATED š“ #BITCOIN NOW KNOWN FOR šÆ% SURVEILLANCE
S H * T š© COIN!
š„ 2nd #BITCOIN #CRASH THIS MORNING. Friday August 16, 2024
The #BITCOIN_ABORTION has STARTED;) #Bitcoin: #Beyond_The_Bubble = #MONERO
#ANONYMITY!?? Is the #FLOUR to the #BLOCKCHAIN #CAKE! š
Without the FLOUR (aka BLOCKCHAIN TECHNOLOGY) BITCOIN is 100% #WORTHLESS!
Not to mention Bitcoin is not natively #DECENTRALIZED 51% attacks is a Given.
ALL #HARDWARE AND #OVERHEAD (Warehousing, Water & Electric) TO MAINTAIN #BITCOIN BLOCKCHAIN IS ALSO #UNSUSTAINABLE!
#Original #BLOCKCHAIN statement. #REPOST FROM #LINKEDIN 2016.
As with anything to do with Currencies there are Downsides as well as Upside$. On the upside the competition for #Crypto_mining is #fierce. The whole idea to crypto mining is for the #miners to #confirm that each #block in the #chain is #ACCURATE. #Internal_policing is used to confirm all transaction in each block multiple, multiple times. This #insures #high_integrity of each #transaction -which is also referred to as a #Hard_Promise.
#Unlike #CENTRAL_BANKS that offer only #Soft_Promises -while our "Dollars" are picked at -until gone..
A #CRYPTO transaction is NOT a payment. A CRYPTO transaction is a Program, which is referred to as the technology known as #Blockchain #DECENTRALIZED.
Its not the "payment" that is irreversible, its the #DECENTRALIZED #BLOCKCHAIN_PROGRAM" that is Irreversible.
Transactions CANNOT be #APPEALED, #REVERSED (a big one) or #CENSORED.
#Cryptocurrencies built on block chain technology offers SOLID #Security, #PRIVACY, #Decentralization and #ANONYMITY.
#QUESTION?? WHERE DO YOU SEE TRANSPARENCY IN THIS RECIPE??
#Banks simply cannot compete with this technology..
1. VIDEO: #Bitcoin: #Beyond_The_Bubble = #MONERO
2. STATIC PAGE: Are Bitcoin transactions anonymous and traceable?
https://cointelegraph.com/explained/ar
3. #White_Collar #Criminologist #Bill_Black >> "QUOTE": ALL MARKETS RIGGED We don't have the #Computer_Capacity to even #MONITOR THE #FRAUD!)
4. VIDEO: #Bank_Confiscation of Money #WILL Eventually Happen
https://www.bitchute.com/video/dYI7S8y5i7xK/
5. VIDEO: #BONUS: What is a #Bank_Run? Bank Run Scene from "It's A Wonderful Life" (1946)
https://youtu.be/OTJCI1FNBfA
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