Author

Topic: Btc and western usa power (Read 228 times)

legendary
Activity: 1876
Merit: 1157
July 25, 2022, 02:33:36 PM
#11
There was a time when British pound ruled, because British had power. Later dollar ruled as the power shifted, Us remained a technological and military power house. Europe made euro to keep itself strong economically. But now china is blunting US economy by becoming their manufacturing house and making Europe and US dependent.  We need to look at real long term scenario. Already many countries want to switch away from compulsion of US dollar and  in such situation there is an urgent need that we create a international currency to prevent any future currency frictions. I think bitcoin can fit the bill. Its decentralized and owned by none.
hero member
Activity: 2408
Merit: 693
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July 25, 2022, 02:25:10 PM
#10
Jf if there is signs that usa western powers are out or even might get attacked military or cyber or other ways then im out of btc .....

Honestly am surprised you are still here, I thought by now you have forgotten about btc and go enjoy some quiet time in the Caribbeans  Grin. Do you remember this post of yours "Time to leave btc" you were supposed to be gone for 2 years, that would have reduced a lot of your spam post.
Whatever gave you the idea btc is controlled by the USA! if that was the case shouldn't their approach towards BTC be a lot softer than what it is now?  you just make post without thinking about its meaning.
I can tell the market is really getting to you because all your post only revolves around btc and how to print money, I will suggest you take that time off, have a good rest with a clear head and come back.  Wink
donator
Activity: 4718
Merit: 4218
Leading Crypto Sports Betting & Casino Platform
July 25, 2022, 01:32:40 PM
#9
if there is signs that usa western powers are out or even might get attacked military or cyber or other ways then im out of btc becouse btc relie on usa servers and exchangers.
Btc can shine only if usa banking power strong

The USA is being cyberattacked every second of every day.  Bitcoin doesn't care.  Another thing Bitcoin doesn't care about is the USA's banking system.  In fact, the weaker the traditional banking system gets, the more people will be forced to use Bitcoin.  I think your take here is a bad one, and the rest of your post seems to make a lot of incorrect assumptions as well.  I would recommend that you read into why Bitcoin was created and the future that satoshi hoped to bring to us before posting more theories that are just plain wrong as if they were facts.
jr. member
Activity: 224
Merit: 5
July 25, 2022, 11:27:29 AM
#8
Oi, have you not been reading the euro-dollar news then?

And have you ever made a list of all the exchanges in the world, and looked at how many are actually based in the US?
Or perhaps taken a look at trading volumes and wondered if it is as you say, US based?

Should take a few minutes to try find evidence for your claims that "we know". Surprise yourself a little hm?

Ask satoshi
legendary
Activity: 2758
Merit: 3408
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July 25, 2022, 10:31:31 AM
#7
Oi, have you not been reading the euro-dollar news then?

And have you ever made a list of all the exchanges in the world, and looked at how many are actually based in the US?
Or perhaps taken a look at trading volumes and wondered if it is as you say, US based?

Should take a few minutes to try find evidence for your claims that "we know". Surprise yourself a little hm?
legendary
Activity: 3430
Merit: 10504
July 25, 2022, 06:39:51 AM
#6
Coinbase is from usa and was one of the first exchangers out there.
Coinbase was not even among the 50 first exchanges! The exchange service didn't even start until 2015, it was merely a custodial wallet up until then.
Bitstamp (Luxembourg) and Bitfinex (Hong Kong) are both much older exchanges.
legendary
Activity: 1512
Merit: 4795
July 25, 2022, 05:31:14 AM
#5
You always post like 325btc as usual and you do not want to change your shit posting ways.

Jf if there is signs that usa western powers are out or even might get attacked military or cyber or other ways then im out of btc becouse btc relie on usa servers and exchangers.
Why? How? Because BTC is created by US government? Bitcoin was never created by US government. Or because the exchanges in the world are based in US? There are far many exchanges that are not in US. Just like the talk about China having 75% of bitcoin mining power like 4 or 5 years back, but after Chinese FUD and mining crackdown, was bitcoin affected? Yet still bitcoin today.

Btc can shine only if usa banking power strong but if the usa elite know this only option is euro as safe heaven becouse if dollar fall btc fall also.
Btc is from usa coinbase is one of the founders yes crypto can survive without exchangers but crypto neeed central globql price if there is disturbutiins in network then we cant price in crypto.
Coinbase is one of the founder of what? Of BTC? That is nonsense.

Central global price? For bitcoin? That is nonsense. Your post is not making any sense about this.
full member
Activity: 616
Merit: 161
July 25, 2022, 05:00:19 AM
#4
Even if we are experiencing a downfall of the reigning power for the last 100 years (and we very well might be), it's not something that will come all of a sudden (as none of the previous reigns by Portugal, Spain, GB, etc. dissolved quickly as well) and it's a fairly different time in the history of the world so maybe the aforementioned examples are not really applicable anymore. In any case, crypto is, so far, still fluid-like enough to adjust itself in case of any outside changes.
legendary
Activity: 3430
Merit: 10504
July 25, 2022, 04:44:14 AM
#3
becouse btc relie on usa servers and exchangers.
Nonsense.
For starters Bitcoin is a peer to peer protocol which means it doesn't have or rely on any "servers" or even "exchanges" for that matter. The full nodes and miners and mining pools and exchanges are spread across the globe. It's true that many of the centralized businesses are located in US but bitcoin does NOT rely on centralized businesses to run!

Quote
only option is euro as safe heaven becouse if dollar fall btc fall also.
You are confusing a bunch of things here.
First is the fact that bitcoin price falling has nothing to do with it relying on a centralized shitty exchanges. It is pure panic sell and it is purely your speculation that it would fall and a different topic.
Second is that both Euro and USD are dumping, EUR harder than USD most because US exports its inflation to countries that only use dollar as reserve currency.

Quote
But we know usa is under wall street people protection they rule world
LOL. sure kiddo.
hero member
Activity: 644
Merit: 592
Leading Crypto Sports Betting & Casino Platform
July 25, 2022, 03:58:56 AM
#2
Jf if there is signs that usa western powers are out or even might get attacked military or cyber or other ways then im out of btc becouse btc relie on usa servers and exchangers.
Btc can shine only if usa banking power strong but if the usa elite know this only option is euro as safe heaven becouse if dollar fall btc fall also.
Btc is from usa coinbase is one of the founders yes crypto can survive without exchangers but crypto neeed central globql price if there is disturbutiins in network then we cant price in crypto.
But we know usa is under wall street people protection they rule world maybe we cant take seriously any threat against western powers becouse to be honest nobody dont mess with wall street.usa bankers nobody escobar tried kennedy tried ghaddaffi tried...and unlikely putin or xi pin will try so btc might be safe

You are missing many facts here, Euro is not a safe-haven currency and it will never be because it is a risk-on currency that thrives only when there is an appetite for risks among investors. While the USD is a safe-haven currency and would remain the same even in most war situations since a major war on the USA will likely be a global issue (world war). This is highly unlikely in this present dispensation and note that Bitcoin alternates between the safe and risky currency as much as I know. The fact that some Bitcoin investors, including banks, are in the USA does not make the country the sole driver of the Bitcoin world, the country's stake in the cryptocurrency won't collapse the system in case of eventualities, but will affect it the way many countries' restrictions and banning had affected it in the past e.g China. Nonetheless, the effect you attributed to this could only happen with the outright banning of Bitcoin in the USA, yet I believe Bitcoin would still survive since the USA is not the only contributor in the world. Also for clarity's sake, the USD and Bitcoin do not move perfectly inversely or proportionally, there are many times the USD would be selling and the Bitcoin will be selling too or otherwise (You may check their correlations of last week Friday (18/07/22 - 22/07/2022) for guidance on this.
jr. member
Activity: 224
Merit: 5
July 25, 2022, 02:37:57 AM
#1
Jf if there is signs that usa western powers are out or even might get attacked military or cyber or other ways then im out of btc becouse btc relie on usa servers and exchangers.
Btc can shine only if usa banking power strong but if the usa elite know this only option is euro as safe heaven becouse if dollar fall btc fall also.
Btc is from usa coinbase is one of the founders yes crypto can survive without exchangers but crypto neeed central globql price if there is disturbutiins in network then we cant price in crypto.
But we know usa is under wall street people protection they rule world maybe we cant take seriously any threat against western powers becouse to be honest nobody dont mess with wall street.usa bankers nobody escobar tried kennedy tried ghaddaffi tried...and unlikely putin or xi pin will try so btc might be safe
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