Topic: Counter trade every decision central bank make (Read 288 times)

How is money granting you access to money? How can crypto challenge this last hurdle as it acts the same for everyone, it's not like the information right now is available only for the poor and they use the information to gain an advantage.

And the real-life events are quite clear, look at how much BTC Tesla bought, how many BTC can people from the lower class in Bangladesh pull together?  Not even close to one-tenth of that, crypto is not challenging the access to money, is just another tool that can be used to gain capital faster than others, but it's in no way different than what stocks or any other investment strategies have provided humankind for centuries, and it still follows the Maine rule, to make money you need to have money in the first place.

I know a lot of people love to see more in crypto than there is but no, it's a code that follows the free market economy, and in that economy, there is no wealth redistribution and it will never be.


The bad news is that much of the crypto scene is actually at this point aligning with the traditional ways.
Wallets run by listed companies, crypto cards that run on the Visa network, KYC and taxes, looking at how things are going from a tool to remove barriers it has become more of a barrier itself traping its own users.

There was a need to counter-balance not just central banks but the trio of Banks, Corporates and Politicians. They raised walled gardens of access where a person could rise into wealth simply by being in the right circles and having the right connections.

While there is no secret society per se like @Stompix said, there definitely are these circles of influence. How far you go in life depends a lot on who you know, where you schooled and who your daddy knows. The information asymmetry has slowly been broken by Internet and Social media for some time now. This has enabled more and more people to have the opportunity of becoming financially self-dependent.

The last of the barriers were access to capital. This has been, and is still being, challenged by crypto. In my mind, this is the picture of the coming world. Easier access to information as well as capital for everyone. Monetization of skills irrespective of where you live or what you do. This is the empowerment that Bitcoin has enabled.

The banks, politicians and corporates would do well to align themselves with this new reality. And they surely will, like they always do. As people, it is on each one of us to be vigilant enough not to be co-opted.

We must understand that governments do not really care about their populations anymore, they care about themselves and about keeping the power that they have obtained, this means that people need to care and protect their own wealth, if they do not do it then no one else will do it.

Do not waste your time trying to call them out, the people that already know this like us do not need the reminder, the government will never change their ways even when they are exposed and the rest of the people that could make use of this information will not wake up until it is too late, take care of yourself and the best way to protect you from them is to use bitcoin as a hedge against inflation.

I see no need to oppose the decisions of the central banks, as well as the issuance of digitalized currencies. The banking system nevertheless performs useful and important functions for the development of the economies of states, so you should not treat banks so negatively. If you are not satisfied with their work, just do not contact them and use their services less.
The digitized national currencies of central banks are also more progressive than their regular currencies and should be positively perceived by the general population, as they should provide people with additional convenience.

Ok, right now I don't understand what you're trying to prove or on what you're contradicting me.
I've told you, now backed with data that poverty by EU definitions which are pretty high is going down. Same stands for people living in poverty (which is another number) and those who are homeless or people without trouble in getting food, the numbers are dwindling below 5%.

And before you throw an Indian or Bangladesh example at me, we too have central banks in Europe, two of them so if one country is poor probably it's not the fault of central banks, isn't it?
Now, again with the 98%, where did you get this number? What does it even mean?

As for the homeless, poor, poverty all that.
Where those a reality even before central banks? They were. Was there poverty with fiat money, yes it was!
Would bitcoin or any other crypto get rid of poverty? Nope, they won't!
Is crypto creating even more gaps and going against wealth redistribution, yes it does, a kid whose parent afforded to give him 1000$ monthly allowance is now a millionaire, a poor person who cant spare two cents will still be poor.

So bottom line, what's your angle in this?

People who are living below the poverty line, homeless people, people who can't afford rates are certainly decreased a lot but I am not defining them as rich, every salaried class people are poor too, if they lose their job then they will be poor in a month or too which shows that people are not having any money to survive for long term and they are just slave for those 2% people which acknowledging it.

It will be...maybe, if, it will, sometimes
Poverty rates in the UE have continuously decreased, we are around 16% down for over 25% in the '90.
And those are people at risk, with less than 60% of the average median income in purchase power, the number of people living in actual poverty is well below 5%. A long long long way to your 98%


Did the central bank promise you a flying car?


Go on, live like a human being for a month through barter, and prove me wrong!
Till then you're just a keyboard warrior in some basement trying to act like you can do something.

Oh, and you're not allowed to survive on the pizza your parents pay for!

Not everyone is poor, there are lot of rich people all over the ratio but look at the ratio of rich people and poor people, it will be 98% on poor people, I am not saying the homeless people as poor people, the people who can't afford everything what they wanted to have are poor.

And they had already noticed it out that's why they decided that they might be investing behind rather than on focusing out their so-called digital currencies which are typically
e-fiat and doesn't give out any difference or relevance on what crypto market is currently offering.

Its true that people aren't really dumb on not to notice these things because we've here on this market because of that sole purpose which is decentralization.

and this isn't something that people cant notice when dealing with those CBDC's.

Precisely. People aren't dumb. They'll figure out as a matter of time that CBDCs are nothing more than frauds.

Also, countertrading central banks actually is occurring at a much wider scale now. For instance, just look at how treasury yields have been hiking even though central banks around the world have been aggressively trying to push rates lower and lower with QE.

Markets are waking up to the fact that central banks no longer have the degree of control that they used to have with alternative currencies such as BTC, which is just phenomenal.

I do not think going against a big force like that is a good idea. Even though we dislike the government, they still have the power to rule the world or manipulate the monetary system on a specific scale. Sometimes making counter trades give you a lot of money but that situation is kinda rare

Honestly, I would appreciate it if someone tells me what the government decides to do next. For example, when the US gov signed the contract for vaccination, companies that produce vaccines gain huge developed in the stock exchange. So if you went against them in this case by selling your stocks, it would be a biggest regret

>>[
> made decisions which makes the people to be poor always [
it’s not even funny anymore


>>
>wouldn't act that negatively if my country were to issue a digital currency as long as it is backed up by our own fiat currency.
What?? you rather side with the criminal corrupted bank issuing their centralised surveillance time bombed pre-mined worthless coin, what’s wrong with you are you really going full retard??

>>
> if they do worthless things, the first thing that shall be affected isn't only the individual but the entire economy.
you trying to say the recent economy/pandemic is not their fault? Is it not their fault even a tiny bit?

>>
>Exaggerations, is everyone in the US poor? Is everyone in the EU poor?
Common, be realistic and don't give that crap that only the "elite " is wealthy the ones that are part of some secret stonecutter society.
what is it? We were promised flying car in 2021, where is that f king flying car? What is f king the Tesla autonomous car what is f king this green energy car this is not the car we want give us the flying car, we are fed up with road congestion and with this Tesla it just make the condition worse! And the f king are getting a lot of funding to develop not a flying car and the g is telling us to deal with it, and the f king are using the money they get to pump bitcoin dirty baggage?? What the f king joke is it? what is that we were promised to have American dream what the f king we are doing today? What the f king we are homeless everywhere what the f king we were criminal roaming the street? What the f king we are pandemic??? What the f king we are rich?? What the nonsense you are writing are you writing for CNN??? Or you’re hired secretary for the secret agent??



>>
>learn how to f word use quotes!!!
it’s sleek there is nothing to wrong with the symbols

>Second, if you admit you can't stop central banks, what's the purpose of this?
why are you cherry picking? You aren’t read completely, read until you fully grasp the sentence. We can’t stop them yet we can counter them.

>This is the fact I love about adepts of conspiracy theories
blah blah blah, that’s more bs


>>
>How about you try to live a month through barter, let us know how it went for you.
you tell me gold is worthless today? You tell me all your grandma didn’t survive using barter in their time?? You tell me today the society has change so much barter is impossible? Are you weakling who can’t even use barter? Are you kidding??

>>
>don't quite understand the strategy.
keep reading them

I don't quite understand the strategy. What does counter trade mean? If you've traded with the central bank in the past, you've always been on the winning side in terms of stocks and real estate, for example. If you bet that the crash will come because so much money is being printed and bought gold, for example, you have hardly made any profit in recent years. So does your suggestion mean to sell all cryptos now because the central banks are now issuing their own cryptocurrencies?

Central banks are not issuing loans to private individuals, commercial banks do it people always mistake the two.


Exaggerations, is everyone in the US poor? Is everyone in the EU poor?
Common, be realistic and don't give that crap that only the "elite " is wealthy the ones that are part of some secret stonecutter society.


First, I understand you like to think for yourself and not let others tell you what to do but learn how to f word use quotes!!!
Second, if you admit you can't stop central banks, what's the purpose of this?

This is the fact I love about adepts of conspiracy theories they envision the entire world is controlled by society, all the money, all the information flow is supervised and censored but somehow a kid in his parent's basement has figured a way to topple this, reminds me about the weakness of the death star in star wars.


How about you try to live a month through barter, let us know how it went for you.

And including the central bank which is a very important establishment of a country, if they do worthless things, the first thing that shall be affected isn't only the individual but the entire economy. And just because the crypto market is surging and is in the bull market, the comprehension of being useless is already on them. Not that quick, they may not be in favor or in favor from which country you live but their role to an economy is important.

I wouldn't act that negatively if my country were to issue a digital currency as long as it is backed up by our own fiat currency. The argument here will always be about the fees and how they will cut it by the use of the digital version of our fiat this just simply eliminate the 3rd party services such as Paypal and maybe remittance centers which means it will be more money for us. With regards to the "surveillance" part it will always come with it as the central bank is in charge with the regulation of the monetary system in our respective country.

Which central bank you are talking about?

They never made wrong decisions, they made decisions which makes the people to be poor always so with the digital currency idea they are right but Satoshi went ahead of them and introduced successful decentralized system to counter attack their decisions.

>>
>It will all settle itself down
not sure

>>
>The government has the power from the people and until the people decide not to be govern or controlled, then the Central Banks will not.
blah blah, that’s bs, you can’t stop them

>>
>have been reading a lot
wrong, I had write a lot, and many trying to fix me with a lot of reading. Indoctrination! I didn’t even read a book recently and take most news as a pinch of salt, 100% of the news I read today is counter intuitive and trying to fix my brain.

 >I can agree with you actually, all they did is just making lives worse.
What about the money they printed today? Seven f**k trillions US dollar!! That’s just Biden presidency alone!

>>
>What you will be doing though is not going to stop them from doing their business.
they can do what they want, we have our right to counter trade

>need money that everyone will accept
that’s just perfect, those that accept money are all but just a victim of inflation, they never learn anything, ignorant!

>>
> counter the coin would be to short the market and try to decline the value,
That’s easy trap setup by bank to fool you, it doesn’t work that way, the bank is the house,  you use their cex you are just a product, a live stock for their lunch.

>because the central banks have unlimited miney
they’re the house, they’re the pre-determined winner.

>avoid these coins and stick to our crypto coins.
it is definitely a good one, they would have central bank issued coin, counter trade?

>>
>don’t think that we had to fight against Central Banks as of this moment. 
yup, it is looking good atm, we would need a plan b for backup

>We just had to wait until people become educated enough
this is gonna difficult without a counter argument


>>
>That’s why the influence of the bank is too high
bank have 7 trillions created out of thin air, crypto? It’s not even close.

>>
>the central bank will raise its hands automatically and follow the people’s rule. 
they’re always unfollow majority rules, trying to change them?

>>
>they're not making their decision that are just worthless
their decision is good for themselve strictly, no one else.

> be your the handler of your own money
bank is ahead of you, they had just print seven trillions

>>
>I mean aren't all banks instinctually protects their interests,
that’s so much bs here

>a deal that will benefit them the most rather than the other way around.
are you sure? you sound like unsure? You are believing bank are both helping and damaging, what is catch? So confusing?

>>
>countries impose financial control and strictness
blah blah blah, nothing make sense, just like all the news everywhere.

>The failure of governments to manage monetary policy ...because it is the basis of failure.
of course everything is not the government fault, we never even mention it’s their fault, didn’t we even blame them?

>Bitcoin give you an option if you do not trust the decisions of your country's central bank.
how do you counter the seven trillions with bitcoin?

>>
>Firstly, it might be challenging to counteract central banks.
now this is the point

>we go against banks - how will people make transactions,
barter

> acting against banks would mean acting against all the people, who hold bank accounts, which is basically everyone.
them counter trade them with this point

Firstly, it might be challenging to counteract central banks. In order to do so, you need power and lots of money, more than the bank, obviously, which seems highly unlikely. Secondly, if we go against banks - how will people make transactions, purchases, donations, etc. each day? What can be said about today's world is that people don't use cash anymore, it's a very rare case, everyone uses credit cards all the time. And until it is possible to make all these payments in routine life with crypto - acting against banks would mean acting against all the people, who hold bank accounts, which is basically everyone.

The problem is not in the central and commercial banks it is in whether countries impose financial control and strictness to maintain a small amount of inflation, price hikes, money supply, and the basics of life.
The failure of governments to manage monetary policy is represented in the weakness of the central bank and the economic failure that accelerates like domino causes confrontation with the central bank because it is the basis of failure.
Bitcoin give you an option if you do not trust the decisions of your country's central bank.