Do not trust this devil woman, she wants Bitcoin dead - page 2.

sheenshane

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Quote from: TimeTeller on April 11, 2022, 03:24:41 PM

Do you think crypto cares, the community cares, the free people cares about what she or anyone one else who are trying to keep crypto down for ages? That's an old women with old mindset, speaking garbage. Does she even know how to use a smartphone, or a laptop. I bet she even don't know which are called internet browser LOL

I tend to agree with and I don't care about her and for sure no one will care about of what she said.

I don't know what is the reason for the recent dropped in Bitcoin price but for sure this isn't about her the reason why it drops. Maybe she was trying to become a famous woman trying to seek attention from anyone (I even dont know her). One thing in my mind, this could have a hidden agenda from her that we don't know that someday we realized.

TimeTeller

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Quote from: BitcoinGirl.Club on April 11, 2022, 02:48:03 PM

Quote from: NeuroticFish on April 11, 2022, 01:52:30 PM

You over-inflate horror stories behind whatever she said. She's the secretary of the treasury. Of course that her aim is to protect US Dollar. Of course that her rhetoric will be more against Bitcoin than pro Bitcoin. What you'd expect?! Somehow I don't understand why in 16 posts nobody said it already: her statements and views are almost certainly biased.

Could not agree less with you.

Quote from: bbc.reporter on April 10, 2022, 10:45:12 PM

Devil woman

Do you think crypto cares, the community cares, the free people cares about what she or anyone one else who are trying to keep crypto down for ages? That's an old women with old mindset, speaking garbage. Does she even know how to use a smartphone, or a laptop. I bet she even don't know which are called internet browser LOL

Crypto survived over 10 years. Nothing stopped its value to go over $65K and I do not think anyone would ever stop it. In fact their printed money are losing it's value. In Sri Lanka it seems plain papers have higher value than a bank note.

By now, no expert or self-proclaimed expert even influential people can bring bitcoin down.
We survive throughout these years, with so many trolls, influential people or rich people giving their own predictions or speculations.
She can give her own opinion but we know that the market doesn't revolve from somebody else's opinion.
Most are giving their opinion based on what they perceive about bitcoin market, or it is about protecting their interest.
But at the end of the day, bitcoin market will move according to the sentiments of the people using it.

BitcoinGirl.Club

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Farewell LEO: o_e_l_e_o

Quote from: NeuroticFish on April 11, 2022, 01:52:30 PM

You over-inflate horror stories behind whatever she said. She's the secretary of the treasury. Of course that her aim is to protect US Dollar. Of course that her rhetoric will be more against Bitcoin than pro Bitcoin. What you'd expect?! Somehow I don't understand why in 16 posts nobody said it already: her statements and views are almost certainly biased.

Could not agree less with you.

Quote from: bbc.reporter on April 10, 2022, 10:45:12 PM

Devil woman

Do you think crypto cares, the community cares, the free people cares about what she or anyone one else who are trying to keep crypto down for ages? That's an old women with old mindset, speaking garbage. Does she even know how to use a smartphone, or a laptop. I bet she even don't know which are called internet browser LOL

Crypto survived over 10 years. Nothing stopped its value to go over $65K and I do not think anyone would ever stop it. In fact their printed money are losing it's value. In Sri Lanka it seems plain papers have higher value than a bank note.

hatshepsut93

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People should stop that praise of CBDC means praise of crypto, because it's usually the opposite - CBDC is governments version of crypto that they want to create as an alternative to both crypto and privately-owned payment networks. The goal of CBDC is more control over finance by the government, which is obviously the opposite of what crypto aims to achieve.

Quote from: davis196 on April 11, 2022, 12:39:41 AM

She doesn't say that crypto is "transformative technology".She says that other people (the hardcore crypto supporters) are saying that crypto is transformative technology.This is a big difference.

Sensationalist misrepresenting titles and crypto journalism, name a more iconic duo

Bitstar_coin

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Btc is more than a decade and since the time of it's existence till now there has been countless negative comments from government and none government officials trying to discredit it to no avail.
In that case, I will consider this statement as one of those negative comments on btc that won't hold any effect.
Between, I don't think this is the worst statement that has ever been made about btc, I don't see why it should be given any importance. @op i think your title is a bit harsh.

NeuroticFish

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Quote from: bbc.reporter on April 10, 2022, 10:45:12 PM

Devil woman

You over-inflate horror stories behind whatever she said. She's the secretary of the treasury. Of course that her aim is to protect US Dollar. Of course that her rhetoric will be more against Bitcoin than pro Bitcoin. What you'd expect?! Somehow I don't understand why in 16 posts nobody said it already: her statements and views are almost certainly biased.

All this being said, I too find this statement of her, strangely, more balanced and objective than many others'...

However, I see no reason for freaking out. It doesn't mean that her perception/vision would have changed... Like the saying: just one flower doesn't make it spring.

hosseinimr93

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Quote from: YOSHIE on April 11, 2022, 12:09:01 PM

I think Janet Yellen is old, today she says Negative tomorrow she says positive about Bitcoin, even though she is currently the US Secretary of the Treasury.

She has never said anything positive about bitcoin and she will never do so.
There isn't a single mention of bitcoin in her speech. I am sure she doesn't even know how bitcoin works.

She and all other politicians who talk about cryptocurrencies only know that it's new thing and think that they can use this innovation to prevent their national currency from collapsing.
They think they can combine their centralized currency and blockchain (not real blockchain, the blockchain they like) and have a new shape of currency which is still in their full control. They think people will prefer their stable coin to bitcoin. But I don't see any difference between fiat and a stable coin issued by governments.

YOSHIE

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I think Janet Yellen is old, today she says Negative tomorrow she says positive about Bitcoin, even though she is currently the US Secretary of the Treasury.

I've seen on CNBC March 22, 2022, about Janet Yellen saying, about the benefits of crypto.

Quote

US Treasury Secretary Janet Yellen told CNBC that she recognized the benefits of crypto.

Now he says.

Quote

Treasury Secretary Janet Yellen warned that bitcoin was a "highly inefficient" way of conducting monetary transactions.

I believe Janet Yellen's words, cannot be held and have no effect on the development of Bitcoin.
Bottom line: how influential is Janet Yellen, on the world of technology and crypto, I think 0%, I believe Janet Yellen's statement about Bitcoin will disappear like salt in the rain.

danadc

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The truth is that the lady, if you have a face to be a bad person, and the sudden change is not because maybe she already creates in a good way in BTC and Crypto, it is because there is always a particular interest, it is getting a good interest participation taking advantage of the boom of all this, the boom of cryptomoneds has been raised in a very good way worldwide, they can no longer say that BTC or Crypto is bad, and governments know very well that they can not go against the cryptomoneds, is a much greater economic technology and stronger than the economy presented today, and this lady clearly knows a lot of information that very few know, for me is to just a simple assembly to start the regulation of BTC and Crypto, for that somehow as good corrupt politician take benefits from it.

In this other information, it also evidences:

Quote

“As banks and other traditional financial firms become more involved in digital asset markets, regulatory frameworks will need to appropriately reflect the risks of these new activities,” Yellen said American University on Thursday. “New types of intermediaries, such as digital asset exchanges and other digital native intermediaries, should be subject to appropriate forms of oversight.”

Source: https://www.barrons.com/articles/yellen-crypto-regulation-first-speech-digital-assets-51649328772

BlackHatCoiner

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Farewell, Leo

Quote from: pooya87 on April 11, 2022, 01:46:18 AM

In other words we may soon see the US government issuing a centralized shitcoin called something like cUSD where c stands for cryptocurrency.

I expect to see Bitcoin recognition if it ever happens. I can't look forward to using Bitcoin, knowing the torment I'm avoiding. Especially when cash, which is yet the most private way to transact, is replaced by such nonsense.

All the black economy will move into cryptos, lol.

Quote from: pooya87 on April 11, 2022, 01:46:18 AM

Little do they know that centralized shitcoins are still shitcoins regardless of how much they praise the technology.

Also,

Quote from: Naval

Open source means each problem only has to be solved once.

Lucius

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Quote from: bbc.reporter on April 10, 2022, 10:45:12 PM

Janet Yellen does not like bitcoin and the cryptospace, we certainly know this already.

It may not be that she has something against Bitcoin, but she simply doesn't understand it or understands it very well, but official policy in the US has always defended the national currency at all costs - why would Janet be different from everyone else?

Quote from: bbc.reporter on April 10, 2022, 10:45:12 PM

I speculate that there might be a magic trick in the end where something like every American user in the cryptospace cannot sell their coins for fiat might occur hehehe.

This is nothing new that has not been discussed countless times, and in fact it is very easy to do if the law banning all crypto exchanges in the US is passed, there is no more legal crypto trading. It's not that it will just happen, but as one of the measures that politics has up its sleeve, it should always be taken into account that they can decide on that move.

I generally don't trust politicians, especially those who are known for dirty games, so I'm not too worried about what this woman thinks. Besides, didn't she do a good promotion of Bitcoin when that banner appeared behind her back? Cool

cheezcarls

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Looking for gigs

She can say whatever she wants about Bitcoin, but the reality is that Bitcoin adoption cannot be stopped. No matter how many negative stuff that we hear about Bitcoin, or saying that “Bitcoin is dead” many times, no one can stop it from getting adopted because it is highly “contagious”. We understand the opinion of others about Bitcoin, it’s just that they aren’t educated or informed enough about Bitcoin while other famous personalities, companies, institutions and crypto-friendly government have understood more than Janet and the other naysayers out there.

goldkingcoiner

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A Bitcoiner chooses. A slave obeys.

Quote from: bbc.reporter on April 10, 2022, 10:45:12 PM

Janet Yellen does not like bitcoin and the cryptospace, we certainly know this already. However, why has she presently changed her opinion and began telling everyone through her speeches that crypto is transformative technology? I am very skeptical of this. I speculate that there might be a magic trick in the end where something like every American user in the cryptospace cannot sell their coins for fiat might occur hehehe.

Devil woman

Speaking to attendees at an American University event, Yellen highlighted the extreme divergence of perceptions about crypto, saying that’s often the case with “transformative” technology.
“Some proponents speak as if the technology is so radically and beneficially transformative that the government should step back completely and let innovation take its course,” she said. “On the other hand, skeptics see limited, if any, value in this technology and associated products and advocate that the government take a much more restrictive approach.”

Read in full https://www.coindesk.com/policy/2022/04/07/treasury-secretary-janet-yellen-calls-crypto-transformative-in-wide-ranging-speech/

Any university speaker who is not speaking about research is a clown not worth listening to. Especially in western universities. I say this because the western world has transformed universities into political moral camps and uneducated philosophy gatherings.

A bachelor in science cannot even be compared to something as worthless as economics.

This woman should understand that Bitcoin is a thorn in the eyes of the government and it cannot be removed or controlled. Even if the worlds countries all become like north korea and humane lives become a thing of the past, Bitcoin will still not cease to exist as long as there is a single miner in the world.

Asiska02

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Regarding her opinion about the bitcoin now. She, maybe have seen the future about it and knows what will come of it in the near future. Criticism about bitcoin always fail at the end of the day. They can now see that bitcoin has so much value and can’t fade away just like that because of its decentralised way of operation. Regardless of what she thinks or have in mind about it and others who don’t like it, the bitcoin market is already in safe hands and it won’t fall no matter the pressures mounted on it.

robattfield

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Obviously, when you have grasped the knowledge, the praise/criticism of the field is itself an assessment of their point of view. Personally, I don't like to blame anyone when I myself have not done well. There is no possibility to complain about their opinion. We can listen, but it is our right to apply it. This woman, too, I am not sympathetic to the view of this market being too negative because anything has two sides to it. Don't impose your personal opinion on others.

leea-1334

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Hey even Jamie Dimon lately told everyone, his investors I guess, that Bitcoin and blockchain are real stuff,,, not just made up fantasy internet money. Now this was very different from many years ago.

We have to remember that these rich guys became rich from being wise in investment. No need to trust them, but trust that if they want Bitcoin dead, they will do all they can to defeat it BUT when they realize it is futile eventually they will give in,,, just like Dimon.

Flexystar

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Quote

cryptospace cannot sell their coins for fiat might occur hehehe.

Good God, I hope that never happens. The lady is just confused I guess. Just like those millions out there who are not able to decide in between whether they should buy it or leave it. Just being rich does not mean they are smart investors, the richness could be hereditary. Lolz. But smartness needs to be obtained.

She is wat far from home when she speaks like that about bitcoin. She is not the first anyways, we have Buffet too. Many millionaires and billionaires say one thing but do another. Could be one of the market manipulation tricks.

For instance, this lady might have some hidden investment which she wants to grow and that’s why she started making positive news about it. Could be anything from A to Z.

pooya87

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Even in the small part you posted, I don't see any signs of her opinion about bitcoin being changed at all!

All she said is "technology" is good. In other words we may soon see the US government issuing a centralized shitcoin called something like cUSD where c stands for cryptocurrency. With US dollar's dominance being threatened and many countries dumping it from their reserves the chances of it is actually pretty high. So there needs to be some groundwork where after years of them spreading FUD about bitcoin they have to start praising the underlying technology as a separate thing so that their own FUD doesn't backfire.

Little do they know that centralized shitcoins are still shitcoins regardless of how much they praise the technology.

Poker Player

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I do not trust her as a representative of the established power and the fiat system of infinite debt, regardless of the claims she may make about Bitcoin.

In this case, like others we have seen, it is one more of "if you can't beat them join them". The only thing they are trying to do from the public authorities is to tolerate Bitcoin but trying to control it as much as possible with KYC/AML regulations and the collaboration of centralized exchanges.

avikz

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Quote

crypto is transformative technology?

This statement is a two edges sword! It could very well be translated into two different meanings. Is it a technology that will transform the financial space for good or for bad??

While we, the community members believe that cryptocurrency is a good technology that can disrupt the current banking based financial system. We have see some examples during Hong Kong crisis and we are seeing it now during Rus-Ukraine war. People are becoming less dependent on banks and more eager to control their own finances through cryptocurrency.

Then, there is government who believes cryptos can disrupt the current banking based financial system and take away the power from their hand to the end user. So they are seeing it as a threat.

So it all depends on which side you are! Janet Yellen is way too small when it comes to cryptospace and its scope. I don't think we need to give a lot of weight to her statement.

Topic: Do not trust this devil woman, she wants Bitcoin dead - page 2. (Read 456 times)