The Bottom for Bitcoin - Crypto Capitulation - and Front Running "The Fed Pivot" (FREE REPORT by Mark E. Jeftovic, a.k.a "The Bombthrower")

Posted by markjr 1 year, 8 months ago
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Bitcoin is here to stay and has taken its place alongside other safe haven assets as a means for protecting your wealth from Big Government, central banks and capital controls.

Most people, however, are still waiting "for the bottom", or for the Fed Pivot before allocating to this new asset class.

This FREE REPORT takes you through why most people are waiting for the WRONG inflection point, even so-called "experts".
SOURCE URL: https://www.privateworld.com/tcc-bitcoin-bottom2


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  • Posted by $ AJAshinoff 1 year, 8 months ago
    Alternate consideraiton: Crypto is being floated by the fed and banks for the purpose that the masses grow accustomed to using nothing tangible as currency. Once the idea matures in societies governments and banks, more globally centralized, assume managerial control and RESET the global economy whereas they control what you have, what you buy, and what dreams you are able to reasonably foment.

    I, as a network manager, can use my firewalls and manages switches to filter whatever content I need to. Imagine those upstream working for your first op ISP filtering out the protocol used for your crypto encryption or simply preventing your IP address from receiving from certain places. Now, extend that outward, further from you, further from your ISP, and think of how many switches and routers make up that chain to where you believe you have something of value..anyone along that chain, which is entirely out of your control, with a bug up his ass about you, anything you said, or the country/state your are affiliated with can shut you down.

    You can wipe your ass with a worthless dollar, start a fire with it, or fill a crack in the wall with them to stop the wind. What can you do with crypto if someone filters you, or the internet or power goes offline for an extended amount of time?

    Wise choice: Make a profit in crypto stocks, cash out and then run like hell to put that value into something tangeable.
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    • Posted by 1 year, 8 months ago
      I don't think Bitcoin or cryptos can be filtered at a protocol level since they are largely P2P and can use alternate forms of routing, including tunneling or piggybacking in other datastreams.

      What you are describing, however, is almost certainly how Central Bank Digital Currencies (CBDCs) will operate - and more.

      I hold Bitcoin especially (let's face it, many of the crypto projects are garbage) as the anti-CBDC and there is an easy way to differentiate between a decentralized digital bearer asset that will preserve your wealth and protect you from capital controls, and a CBDC that will be a form of social credit:

      It's this: can you hold your own private keys?

      If yes, it's a decentralized digital bearer asset, if no, it's either a CBDC or a stablecoin (and the two will increasingly blur over time).
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      • Posted by $ AJAshinoff 1 year, 8 months ago
        You can filter as a service as well. Even the encrypted channel between each IP address (creating a private tunnel) can be forbidden.

        Private keys. Sure, you can create and own your own private key (or digital certificate) but those only hold internally. As soon as you leave your building you are subject to the rules of those entities who control the hardware, and the traffic flow, from A to Z.
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        • Posted by 1 year, 8 months ago
          I really don't think TPTB can realistically impose a protocol level prohibition. It call comes down to how powerful you think the government is.

          When people bring up the "will government allow Bitcoin?" question, I always invert it, and say the real question is "Which governments will survive Bitcoin?"

          Yes, I really believe that - it's the Sovereign Individual thesis - which is Holy Writ among the orange-pilled.
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          • Posted by $ AJAshinoff 1 year, 8 months ago
            You're misunderstanding the depth of the problem and the bottlenecks. It doesn't have to be the government, simply an ISP or any NOC (network operation center) that passes traffic. Point to point tunneling protocol (using any language) is just that a protocol and subject to the same OSI stack and rules.
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  • Posted by mshupe 1 year, 1 month ago
    I'm no expert on network technology and security, but to characterize this as a safe haven asset is just plain wrong. I know it was designed to be safe from centralized control, but because of blockchain's slow and expensive supply mechanism, Bitcoin is very volatile.
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  • Posted by $ Markus_Katabri 1 year, 8 months ago
    As I said....This will be the third time the United States has defaulted on it’s debt in the last 100 years. Each time it simply changes the nature of the dollar. And all the sheep keep chasing them.
    I want us to get into a situation like Japan. Keep printing but it’s not working.
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