Topic: Everyone Rally around the Bitcoin Flag, there can be no competitors! (Read 206 times)

1.The "Big Mafia Bankers" don't have control over the blockchain. Manipulating the market and controlling the blockchain are two completely different things.
2.You are trying to build a conspiracy theory about stablecoins being created by Bitcoin haters and fiat supporters. I don't like stablecoins, but I don't believe in your theory as well. The stablecoins actually had a role in the bull runs, which happened in the lest few years. Maybe they are a ticking time bomb, maybe they are a scam, or maybe they are created for the convenience of the cryptocurrency traders.
3.There's nothing wrong with competition. Actually, competition is the driving force of capitalism and market economy. I'm not a fan of altcoins, but Bitcoin needs competition in order to be maintained in a good shape.

Even in that hypothetical situation, Bitcoin would still function as a P2P asset. Governments could try to clamp down on holders and exchanges, but can do nothing if Mr Bob wanted to transfer some BTC from his non custodian wallet to that of Mr Joe.

If you focus on the market value, governments can slow that by making in more difficult t use and driving away the majority of investors, but they can not alter the immutability ov decentralization of the network.

Even though the government may support a competitor for bitcoin, the fact of the matter is that there won't be a competitor for bitcoin regardless if the competitor is backed by the government. Since the bitcoin project started many people and governments didn't take it seriously and after that, they started trying to make some competitors in order to attract people's attention to other options. However, alternative coins and stablecoins could never be considered a real competitor for bitcoin after the governments started the CBDCs story to make another competitor to bitcoin. However, this has not been successful and will not be successful since it cannot compete with bitcoin at any point in time.

It is only unstoppable until it is stopped and I can think of a few ways that it can be stopped. If governments become threatened of btc they can work together and do a global ban which would mean that most people would not use it. If this ban stayed in place then btc would never grow and only people who are die hard btc fans will ignore the law and continue using it.

I've always felt that SBF was not just another  Billionaire guy out there who runs the second most largest crypto exchange, ever since the issue with FTX began, and how it ended up collapsing, I've had this feeling that he(SBF) was used to see how they could destroy bitcoin and make people loose faith in crypto, but then, they failed.

FTX collapse came, shook the entire market, but today, bitcoin have recovered and so is most of other crypto currencies, this shows how strong this industry is and how free it is from the control of the government.

The statement "Don't steal the government hates competition" implies that the government does not support theft, but that the big mafia bankers have control and manipulate the markets for their benefit. The use of USDT was controversial because it gave these bankers control over the blockchain, allowing them to trade cryptocurrencies without revealing their trades to KYC exchanges. The claim is made that these bankers have an advantage over others because they can print money to support their schemes, making it difficult for others to compete. The stock market is also mentioned as being impacted by similar manipulation and changes in rules and laws.

don't be too afraid, basically we are all human, they are also human.
the difference is only in terms of finance and finance.
the world Mapia debate about bitcoin is a sign, that bitcoin will continue to advance and continue to grow.
bitcoin until now continues smoothly, no obstacles.
because only one thing endangers bitcoin,hacker assigned to destroy the bitcoin system.
but until now bitcoin is still strong, because I'm sure bitcoin will not collapse easily, and will be very difficult to hack.

BTC has challenged the conventional monetary system by providing more efficient and secure alternate solutions, This has landed the governments and the banks across the world in a troubled position. They no longer have control over the printing of currency for their lavish expenses and lost the capacity of manipulation in money market. Therefore they are using all the tools available for curtailing the growth of BTC.

Sam was acting like a mob boss believing he could do whatever he wanted in the cryptocurrency space and get away with it because he made friends with the US lawmakers.

When his own mafia finally crumbled down he started fighting for scraps of his lost credibility. Which he will never get. It's the end of the road for him. Also the politicians who were in cahoots with him now look stupid to the general public, so there's collateral damage to be paid for helping a mafia screw over people.

The great battle between Bitcoin and the hacks that are in control of the monetary system today is still not yet at its crux. One thing is for sure, Bitcoin is only making the fight more possible and it is impossible for it to stand down, being the decentralized and unstoppable technology that it is. We will know when the battle is completely underway...I am both looking forward to it and also am fearful about it. No one knows the maximum amount of power that can truly be exercised by the adversary and how Bitcoin, and thus the people, will be able to defend themselves from it.

Thus is the saying

"Don't steal the government hates competition"

Thus the Big Mafia Bankers pick and choose the winners, SBF and DCG just run the scams keeping the cattle down!

No one will mean anything or gain anything with their pittance as you can't print your own money like the Big Mafia Bankers can to buy and manipulate BTC and ETH price!

Why was USDT so controversial?  Because it created the ability for Big Mafia Bankers to have Central Bank like control over a Blockchain that allows them to trade BTC and ETH without giving away their trades to KYC exchanges!

They can keep their pile in USDT, USDC ect........trade around and manipulate the price if they ever get into a tight spot due to other players and AI they can still just roll back upon their ability to print more free money to support their schemes.......to defraud others who cannot ever be able to trade against them.........

Only a few are successful at trading against them just like how the stock market used to be until they started making HFT and other games and basically making it impossible for any Day Trading to be profitable!  They constantly change the rules and laws just how SBF was trying to embed himself and his Mafia to do the same in the Crypto-Currency domain!

Thats all for now!  "Keep it simple stupid!"

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