Topic: Emergent call for you - page 2. (Read 338 times)

Let the government be the government. You can't expect the government to support anarcho-capitalism, for example. I, too, don't like the government but I, too, understand where they're coming from. I remember the sublime Lee Kuan Yew saying, “I am often accused of interfering in the private lives of citizens. Yes, if I did not, had I not done that, we wouldn’t be here today." Indeed, he's loved and revered by his own people.

I guess the state and her people will always be frenemies. It'll always be a love-hate relationship, the governed and the government.

But thanks to Bitcoin, whether the government supports it or not, the assurance that money will always be independent from the state remains there.

It is definitely a test of control. Some might feel tempted to take out all their holdings and use it for other things but this is not the highest yet and we need to be patient and believe in bitcoin. Some may feel scared that this may be the only time for them to take profit which is why taking at most half of your holdings can be ideal since you would have gotten some profit already but at the same time you still have money to monitor and use to earn from.

These are the times where a lot of us investors will learn a lot from. All the things we have read and learned this is the time to apply those and hopefully we get to become successful at the end.

If anyone want to take profit, it's good because they can have something to enjoy from a bull run.

The bottom line is don't take profit with all bitcoin you have. Reserve like 5% or 10% of your bitcoin as very long term holding. In 2017 bull run, $9,000 is like a dream for taking profit with 1 bitcoin but only 7 years later, you can take profit with 0.1 bitcoin and have the same cash amount. That's an amazing power of holding and I believe that in next 7 years, 0.1 BTC will be bigger than $9,000 and it will make many people who had 1 bitcoin but sold it all in 2017 at price $9,000 feel very regretful.

seems your mentor taught you bad lessons...
bitcoin was libertarian* based not capitalist based
they are cypherpunk, not anarcho based
bitcoin was coercion-free but you and your mentor love the coercion(by cores governance) so seems strange you now admit the opposite as being the old ideals, when for last few years you been idolising the coercion and pretending bitcoin would fail under true coercion free method
(you love the core/NYA 'backward compatibility' consensus bypass tricks)

you seem to love the coercive capitalist methods of core governance, so i find it strange that you say watch out for US gov, whilst you idolise how core are sponsored by the wallstreet guys that are puppets of the US gov regulators

you ask others to now watch out for things, yet for years you have been trying to brush such coercions under the rug and then highlight coercions and celebrate them when it benefitted you.. but never shown any sign of defying/fighting against the coercions of the capitalist governance

.. i am hoping that now your mentor has become more silent on the forum, you are now seeing the light(and your mistakes) thus now thinking for yourself, independently.. and so now are changing your mind/ways.. but last time i seen you try to change, it didnt last long before you went back to your mentors way

*

..
so with all that said are you now ready to defy the government regulated wallstreet sponsor deals with core devs, used to influence the bitcoin governance.. or do you still support and dont want to stop/change the controllers of bitcoins politics

in short:
are you now ready to care and be concerned with protecting bitcoin from centralised governance, or do you wish to continue ass kissing their agenda(core roadmap) thats sponsored by the fiat bankers and regulators

Just curious, is the strategic reserve you're referring to the same deal as what was in the article I posted about in a recent thread, or is it something different?   Because from what I've read, the 5% of the total bitcoin supply the US government would apparently buy should that proposal go through would be earmarked for debt repayment over 20 years and wouldn't really be a true reserve fund like gold used to be many years ago.

If we're talking about the same thing, I'm guessing someone in the government is expecting the price of bitcoin to skyrocket to a point such that the enormous amount of debt the US has racked up can be repaid....but I still think that's a straight-up gambling fantasy that ought not be funded with taxpayers' dollars.  Anyway.

OP, you're absolutely correct that the government isn't an ally.  It shouldn't be that way, but that's the harsh truth.

Without the government, bitcoin has strived. With the government, it is just an added advantage which might not last for long. Government changes and policies do as well

They've tried to fight Bitcoin in the past and saw it's something they can't ban completely. So, they've decided to join the network, and it's something to check out. Although the profits are enormous, it won't stop the loop of Bitcoin price, it'll still face bearish moments, and I'd love to see their reactions during the bear season.

However, Elsavador has been there, and everyone was glad about the President's adoption. On the other hand, US is not to be trusted, but since the opportunity will be great for the ecosystem and more users from the nation venturing into Bitcoin, their regulations will mainly stand on her citizens. The government still have little impact in controlling the network.

The government will always be who they are, not our friend, not fighting for our interest. Everything they do, every policy, every decision is all to enrich themselves, and they will tap from every resource the citizens are enjoying and at the same time not leave their main target, which is control.
 
If their involvement in bitcoin is bringing about positive change in the market, the profit is the only thing I'm much more focused on. Aside from that, I can never consider the government as any instrument that means well for Bitcoin.

Because of profits.Most care about their profits than decentralization.

The most unattractive thing about Bitcoin is it's decentralization and reason why I doubt the Federal Reserve of US.
Except they would find ways that they can control something since they can't really control it's governance.
You can't mention Government without Control and Politicians without Liars or scammers.

Confiscating coins from dissident people is definitely in their plans, but I don't think that the new administration will be so hostile towards bitcoin as the current one. Pretty much the same as it had been so far.

For "us", the Bitcoiners, I can think of no greater threat than entertaining the idea that the government is benevolent. Other than that, we should be in a advantageous position. No, I don't think that Bitcoin can be part of the Federal Reserve, but it remains to be seen in practice.

Do you think they will escalate some  rules to make the seize of our Bitcoin easier for them? ^{Chainanalysis and similar agencies will flourish if politicians  adopt such approach and , as a result, we will be hoisted by own petard.}

What other threats ^{for us} might be emanated from government should  Bitcoin be part of the Federal reserve?

Bitcoin is decentralised and when last I checked the government doesn't fancy Decentralisation or decentralised projects to be precise. Now here you have a nice write up with a smart reminder at the end. Firstly let's evaluate the whole crypto pump. Why has bitcoin been pumping? Well yes big firms are buying more and of course FOMO is making smaller retail holders sell of their coins. These days governments seem to be adopting bitcoin in most countries first it was El Salvador which was very rational as they are a small country and next it was the US and now even Poland.

The questions are is the government supporting bitcoin or they are just aiming to profit off it and fix inflation in their economy. Big firms buying more puts the market in tension and if you ask me FOMO is one of the biggest problems currently.

Actually, I've always wondered why fellow Bitcoin folks cosy up to this government this much. They act like it's a whole different government when in truth they're all just politicians. I mean, I understand that the new government may be a bit more favourable to Bitcoin as they claim to be, but we still have to remember that at the end of the day, they're still just politicians. The government will always do what is best for the government.
All of a sudden folks are acting like this is not the same government that has been finding a way to control Bitcoin all those years ago.
They might begin to see the benefit of bitcoin now, but they still do not want you to have all tat freedom.

You're on track, because right as we speak, bitcoin already mark All Time High of $94,000 and from here, we don't know if we are going to $100,000 henceforth before the end of the month as well as the bull run season, we may have our fingers crossed while speculating on more of this to come, each week a new all time high.
 

If we can have the US adopt bitcoin, then the entire world has been conquered and left without a choice than to follow same, now, El-Salvador is becoming more optimistic in knowing what the outcome of this just concluded election could be on bitcoin and its global adoption as a legal tender by other countries.

And here i am answering the call 

Let everyone participating in the "100 pushups a day until Bitcoin reach 100k" know that the challenge will soon come to an end. Bitcoin has hit a new ATH and will reach the 100k threshold soon enough.

The Bitcoin reserve bill passed by Donald Trump is 4th most viewed bill in the US. But it looks somehow impossible for it to be implemented. One million Bitcoin for one country in a five year period is massive.

A very valid advice. For the past years, it has been a story of ban and restrictions by different countries. Bitcoin and Bitcoiners have suffered this fate for a long time, this seems to be the moon our ancestors prayed for. Now, we are witnessing it, we should enjoy in its entirety. We are living in the future of our ancestors. You never can tell if bitcoin has won all the battles.

A few dedicated bitcoiners who value privacy and decentralization should hold on and increase the campaign. The worse scenario of this global adoption would be attempts to centralize the decentralized bitcoin. This can only be achieved by the government if we all become profit orientated and forgetting the real legacy of bitcoin.

Just as you said, the current price is 93,676 as at when this my post was written and I also believe that the price may go higher in the next few minutes after dropping this post.

I'm crossing my fingers and waiting for it to hit 100k then I will really believe that for once the government is going in our favor for this short period.

The gains are here already and I can't believe less but hope that this season will last for a long time even though my one eye is open while sleeping with the enemy lol.

At the time of writing this, we're breaking a new All Time High at $93,570, and until submitting this post, this record might have been surpassed.

News flash: we're entering a new era--perhaps another cycle--but this time, the rules seem to have changed. Politicians have stepped into Bitcoin or, at least, shown concrete interest. In the last cycle, only El Salvador, a relatively small nation, embraced Bitcoin. But now, more appreciation has been demonstrated. Recently, the new government of the most powerful nation in the world, the US, proposed to adopt a strategic reserve. If this act passes through Congress and is implemented, we can expect the price to go up.

However, I believe this is a test of your integrity. Certainly, this government might seem more favorable toward the space and perhaps even to you personally, whether because you align more closely with their ideology or due to financial interests. However, this remains far from the coercion-free, anarcho-capitalistic ideals that the ancestors of bitcoin advocated.

Enjoy the gains, but don't lie down with the enemy. Stay alert and keep an open mind. The government is not your ally.