[AngelOfMurci]

I’ll only say this… once every exec at every FTX related corporation is sent to the guillotine, I will strongly say liquidate it all and keep it under your pillow. Take some of your funds, buy a bushel of rotten tomatoes and throw them at the digital cartel mongrels.

 

[Sakura]

Imagine what would happen when quantum computing becomes available to anyone like smartphones. I don't think crypto or even digital money can be used for transaction because they won't be secured enough. People will go back to gold coins as transaction like the early Roman era

 

[westcoastmurci]

Imagine what would happen when quantum computing becomes available to anyone like smartphones. I don't think crypto or even digital money can be used for transaction because they won't be secured enough. People will go back to gold coins as transaction like the early Roman era

gold and precious metals are also EMP/CME proof - since they are not stored on technology that could be fired.
As they say "If you don't hold it, you don't own it"

 

[2Tired]

Imagine what would happen when quantum computing becomes available to anyone like smartphones. I don't think crypto or even digital money can be used for transaction because they won't be secured enough. People will go back to gold coins as transaction like the early Roman era

Thankfully I'll be dead and gone by then, and won't have to stress about it.

 

[westcoastmurci]

the quantum computing should hit that level in a few years thanks to moores law.

Really from 2025 (peak of solar cycle 25), 2027 (Apophis 99942 Near Miss), and from 2030 on it is all well downhill. Way more factors come into play...

 

[2Tired]

the quantum computing should hit that level in a few years thanks to moores law.

Really from 2025 (peak of solar cycle 25), 2027 (Apophis 99942 Near Miss), and from 2030 on it is all well downhill. Way more factors come into play...

But widespread use won't be in our lifetime, without some sort of massive tech evolution.

 

[westcoastmurci]

considering the timing of this mini-doc...

I don't think the crypto market is going to follow the precious metals or gold markets. Watch it follow the stock and RE as they keep on going down.

 

[A.L]

I invested in gold 2 days ago, I don’t really understand the crypto market but i set aside some play money for the crypto market so if I lose it I don’t really care. Gold for the win!

 

[GDF]

Like I said, Bitcoin is a dinosaur. It started the revolution but new technology has left it in the dust. Here is a short article on why and what cryptos I am invested in.

What are the Top ISO 20022 Compliant Cryptocurrencies?

The top 7 ISO 20022 compliant cryptocurrencies.

altcoininvestor.com

 

[2Tired]

Like I said, Bitcoin is a dinosaur. It started the revolution but new technology has left it in the dust. Here is a short article on why and what cryptos I am invested in.

What are the Top ISO 20022 Compliant Cryptocurrencies?

The top 7 ISO 20022 compliant cryptocurrencies.

altcoininvestor.com

Bitcoin is synonymous with crypto at this point, and due to this fact, none of your alt coins will ever surpass it. The only other crypto that even has a slim hope of overtaking BTC is ETH.

 

[Sanantoniogallardo]

I’ve made my living trading bitcoin and there is a lot of ignorance on this feed. We all should stick to what we are good at
Bitcoin is not going away you can learn to trade it and know when to play offense and defense with it. For those saying buy Gold, I would look at the charts and say no gracias.

 

[AngelOfMurci]

Buy comic books… decade after decade, it outperforms any other form of investment

 

[GDF]

Bitcoin is synonymous with crypto at this point, and due to this fact, none of your alt coins will ever surpass it. The only other crypto that even has a slim hope of overtaking BTC is ETH.

I respectfully disagree with your statement. Again, we all have our philosophies and I appreciate all sides of the discussion.

 

[2Tired]

I respectfully disagree with your statement. Again, we all have our philosophies and I appreciate all sides of the discussion.

Oh, absolutely, but I've been hearing about BTC killers for over a decade, same with ETH killers. Nothing so far has even gotten close.

 

[BLVE]

Like I said, Bitcoin is a dinosaur. It started the revolution but new technology has left it in the dust. Here is a short article on why and what cryptos I am invested in.

What are the Top ISO 20022 Compliant Cryptocurrencies?

The top 7 ISO 20022 compliant cryptocurrencies.

altcoininvestor.com

So throw $10k in to each of the 7 and see which one takes off?

 

[Hogdogfatkat]

BTC tracks with the stock market. So if you think it's going to keep going down, then so will BTC, if you think the market is going to go up, then so will BTC.

This is why it’s a pointless and worthless currency. It was supposed to be independent of fiat yet it trades similarly.

BTC was great for the money launderers, like Silk Road was, and also games like Diablo 3 that had online auction houses in their game. Too much regulations and too much proof that these hashes or whatever can be identified by the governments. Not as decentralized and Anonymous as everyone thought or hyped it up to be.

@Scav

Lot of possibilities for the U.S. Dollar to go digital.

The U.S. dollar is basically digital already via credit cards, wires, ACH, Venmo, cash app, Zelle, etc etc. during Covid they basically got rid of coins and cash to test the digital run. Only cash I ever use is tipping valet. Even they have it on the digital device to tip when paying via CC for the valet parking.

 

[Hogdogfatkat]

EXPIRES IF YOU DONT USE IT!? What Bs is this what world are we living in?. Seems like the government really wants control, never would I think we would have a currency in North America where it can expire if not used…. Very scary

I remember having a currency called cell phone minutes: Cingular wireless. You paid for a set amount and if you didn’t use them you’d lose them. If you used too many, you get charged a premium. We fell for it before . I think there are now data plans like this for phones.

 

[2Tired]

This is why it’s a pointless and worthless currency. It was supposed to be independent of fiat yet it trades similarly.

BTC was great for the money launderers, like Silk Road was, and also games like Diablo 3 that had online auction houses in their game. Too much regulations and too much proof that these hashes or whatever can be identified by the governments. Not as decentralized and Anonymous as everyone thought or hyped it up to be.

@Scav

The U.S. dollar is basically digital already via credit cards, wires, ACH, Venmo, cash app, Zelle, etc etc. during Covid they basically got rid of coins and cash to test the digital run. Only cash I ever use is tipping valet. Even they have it on the digital device to tip when paying via CC for the valet parking.

Bitcoin was created solely as a peer to peer electronic cash system, that didn't require a bank as a middle man. It still fulfills that use case flawlessly, people now also now trade/hold it for profit. The visibility of transaction on the blockchain is intended, and for transparency. It's not meant to be, nor should it be use for, criminal activity.

 

[Hogdogfatkat]

Believe what you will. That’s all just a story to “legitimize” it while the real people funnel cash through it illegally. Satoshi is probably a name invented by the 3 letter agency that created the system so money could transfer hands and fund economic hitmen easier. But that’s my opinion.

for what will happen to BTC in 2023. I’ll say it drops to an equivalent fiat value of $5,000 USD per coin.

 

[2Tired]

Believe what you will. That’s all just a story to “legitimize” it while the real people funnel cash through it illegally. Satoshi is probably a name invented by the 3 letter agency that created the system so money could transfer hands and fund economic hitmen easier. But that’s my opinion.

for what will happen to BTC in 2023. I’ll say it drops to an equivalent fiat value of $5,000 USD per coin.

Except you'd have to be stupid to use BTC for illegal activity, because of the transparency of the blockchain. Not only that, but exchanges can blacklist BTC that is stolen.

Bitcoin: Who owns it, who mines it, who’s breaking the law | MIT Sloan

mitsloan.mit.edu

"Illegal activity is a small fraction (3%) of what actually goes on in the Bitcoin blockchain."