Topic: F*CK BITCOIN. USELESS COIN BACKED BY NOTHING. Stablecoins are the future. (Read 619 times)

Dollars backed by what then? Its just a tool by government to sucked out people economy by keep creating dollars day by day and create inflation. Bitcoin is backed by our community and hashrate around the world, its created spesificly by only rewarding someone who participated to support the network with calculated number to keep inflation rate low.

https://bitcointalksearch.org/topic/m.57641003.
https://bitcointalksearch.org/topic/m.57641243.
https://bitcointalksearch.org/topic/m.57641370.

Is that your reason to create this thread? I bet your main purpose is to get attention from all bitcointalk members, so you can promote your business. Well, there are too many ways to get attention, why do you choose a worse way? How poor!!

Note that your stablecoin won't break the popularity of Bitcoin. And whatever you stated, won't affect anything to Bitcoin. Only for a blind man who doesn't know the advantage of Bitcoin and saying it is useles. Even I guess a blind man can hear what Bitcoin functions, while you didn't at all.  

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If you still have a feeling and respect for this forum, just lock this shilling thread!!! And stop barking like a Bitcoin hater!!!

Ain't gonna lie you need help, the useless fiat you claim is backed by nations economics keeps devaluing, if in the 90's $1 can get you about 5 crates of eggs but today you'd need up to have up to $10 to get just one crate of egg, the shitty stable fiat keeps devaluing because the fed find it fit to keep printing shit ton of papers into circulation, bitcoin was created with a capped supply to help stop inflation, it's better you embrace it now before dollar becomes over undervalued.

BTC is being pumped and manipulated by billionaires and institutional investors. If you want to profit off that well thats up to you, but dont delude yourself into thinking that btc is not useless. Heroin dealers make money selling heroin. That does not mean heroin is useful.

Supporting ethereum and stable coins is the best way to shatter the control of the cabal if you dont care about that and you want to support  useless billionaire shillcoin - bitcoin then just admit you are a greedy fuck that doesn't care that the world is run by an evil cabal of child abusing of billionaires, and you have completely sold out for money  just like the prostitute politicians and real prostitutes. Seriously, just because the price of btc is increasing does not mean it is not a useless pumped up asset. If a gambler makes money from gabling does that make gambling useful?

What is the supposed use of bitcoin?

Can it promote finnacial inclusion among the economically vulnerable, the unbanked, the underbanked?
 Nope it is too volatile and easy to manipulate by billionares.


Can btc stop the economic stanglehold of wall street and the cabal?  
Nope institutional investors and billionaires are investing heavily in btc. I wonder why? no authority or body to stop manipulation in the btc market. The perefect asset for currency manipulation.


Does btc lessen the power of the cabal?
Nope, it greatly amplifies it.  The supply is fixed. Bllionaries and institutional investors  can use ther resources to corner the market and manipulate its price and there is absolutey nothing stopping them from doing this.

Even if you distrust fiat, you should realise that stablecoins can be backed by gold. PAXG is an example.

We have seen this prowess throughout history, so your story of fiat backed prowess is just a farce.

Who are we and what is it called. What is your company worth other than these useless boasting to peg the dollars. Until those details are transparent there is no point in your banter. The use case of Bitcoin is the investment coming into the currency and if you are one less user in Bitcoin that does not mean anything as it is not for everyone either .

Private stable coin issuance = Power to the people at the expense of the cabal of private banks and central banks.

Bitcoin =  preservation of the current status quo. The preservation of private banks and central bank control on money creation. This benefits the cabal and parasitic billionaire scammers such as Musk and Cuban.

Fuck the cabal.


Bitcoin is the currency of the peodophile satanist billionaire elites. Ethereum and stablecoins destroys their grip on the economy by allowing anyone to create their own currency. Economic freedom for all and power to everyone  and not just btc holders who shill for the economic interests of the cabal.

Looked into it. It is a speculative asset pumped up by billionaires and institutional investors. How much money do you get shilling for the global cabal?

You come all the way to bitcointalk and open an account just to tell the world that bitcoin is useless?? I'm sorry for your loss because I'm sure you lost your money one way or the other to start talking this way, BTC is far more better than any currency that I know and it's not that hard to understand I don't know where your idea is coming from, it's better to study it first before judging

@ HALEEMA

You have  only offered insults like a childish retard and have  failed to disprove any of my points. I guess I am right btc is a speculative useless asset that is pumped by billionaires and idiots. Also fuck Elon Musk. No one is trying to copy him. I stand for absolute economic freedom of the people that is why I support ETH and stablecoins. That is the ony way to achieve freedom from the satanic global cabal. As I have said many times before BTC preserves their power.

I think you are a big idiot and a mad person and you don't have any knowledge about Cryptocurrency and bitcoin. Do you know there is 38,517,960 holders in CMC network only other network have many many more community and this community is hugely powerful productive. You are not a Elon mask but i think you are trying to copying him, am i right he is very happy with his coin. If you want to say something about bitcoin on this forum first use manners speech and constructive discussion about Bitcoin. Bitcoin is not a worthless it have a price which is not stable however paper currency and stable coin are worthless they don't have price. Please do not waste the times to other with your shits speech of this form. 

Interesting point of view. But fiat only goes down through time. So as gold and silver. BTC is backed by people at least. And it's decentralization is great feature.

Who cares if BTC is the oldest currency.



I recognise the truth about btc. Even if it is the original cryptocurrency it does not change the fact that it is a speculative asset that is manipulated and pumped up by institutional investors and billionaires.

I have invested in eth. Ethereum actually has practical use in value creation. Can be used for stable coin issuance, smart contracts, securities issuance, ico's.  It is a fuck you to elite power institutions such as central banks, investment banks, brokers and securities clearing firms such as DTCC.  Ethereum is the blochain that most DEFI networks and ICO projects operate on. DEFI and ICO's have the potential to libertate people from banks and VC parasites. Ethereum along with stablecoins has the power to destroy the wall street and central bank controlled economic order.  BTC preserves the power of wall street and the economic status quo. Ethereum has the power to realise the true potential of crypto and its decentralised aims.

In contrast btc has no practical use. It is a useless speculative asset that is being pumped up by the satanic billionaire pedophile elites. They have the resources to create  a cartel that can corner and manipulate the market. There is no law or authority that can stop them from doing so. BTC is too volatile to be used as actual currency. BTC does not have solid fudamentals. That is why it so easy to manipulate by billionare scammers such as Elon Musk. This isn't 2008- 2016. BTC is now manipulated and pumped up by the elites. It is the coin of the establishment. Central banks fear stable coins. They do not care about btc. Governments have not released white papers seeking to explore different ways in which btc usage can be limited because they do not care if people use btc. BTC is  manipulated by billionaires. Private stable coin issuance shatters the economic control of the elites.

Let us celebrate  the prospect of the destruction of wall street control and the people having complete economic freedom through private stable coin issuance. Fuck the international pedophile cabal and their pumped up manipulated shillcoin bitcoin.

I guess you cannot be bothered to read through the post history on this thread. I am invested in eth. I have previously explained why I am bullish on eth previously.

Private stable coins issuance grants monetary sovreignity to the people. If one currency is being manipulated than create your  own currency that is not being maniplulated. If it is sucessful, then the issuer that is manipulating their currency or allowing their currency to be manipulated will go out of business. Private stablecoin issuance shatters the control of big players and provides for free monetary competition that has the potential to serve the economic needs of the people to a greater extent than a system where money creation is controled by central banks in partnership with a private banking cabal.

Gamblers make profit of speculation. It does not mean that gambling is useful. Some people made many inevesting in bullshit start ups during the dot com bubble - does not mean the bs start ups are useful. In terms of otc stock investing some people for example Timothy Sykes, make money money investing in pump and dumps and exiting before the dump. BTC does not have solid fundamentals that is why it can be easily manipulated and pumped by big players. If your only argument is people are making money of it and it is increasingly popular than such arguments prove my point. It is a useless speculative asset that is pulling in dumb money that want to get rich quick. It is similiar to any speculative bubble like tulip mania, the dot com bubble, and real estate between 2001 -2008.

Have fun staying poor, OP. Ignore bitcoin at your peril, how are those fiat savings going for you? I prefer my money in crypto & as somebody who has been hodling since 2015 I can speak from a position of success.

Because it is useless. No one knows who satoshi is. Could easily be an intelligence agency or the establishment that created BTC as a distraction to maintain the the private bank cabal's and central bank control over money creation. Stablecoins shatter that and allow anyone to create currency. Private stable coin issuance allows free competition so people can choose the most credible currency that meets their economic needs. BTC is too volatile to be real currency. It is a useless speculative asset that is being pumped by billionaires.

As I have said many times before, fiat is backed by the economic prowess of a nation. If you want a hedge against inflation or capital preservation during recession then invest in physical gold. There are stablecoins backed by physical gold such as PAXG. Gold has been currency for more than 2 millenia.  Also it consdered  official currency that no government controls. Evidently, under ISO 4217 gold is consudered supranational currency.

Just because the price of BTC is going up or has the potential to go up to 100,000 does not mean it is useful. It just means institutional investors and billionaires are susscesfully pumping the currency. If you make money by invetsing in pump and dumps before the dump it does not mean that the asset being pumped is useful.

and you think your stable coins are going to be useful if without bitcoin ? theres no stable coins before but the reason they are created is because of the volatility of bitcoin and other cryptos .
bitcoin is not also useless but it has two major uses and thats for investing and for spending  . dont hate and wish btc to die because if they die , your stablecoins are also going to follow bwahahaha .

Are you trying to advertise your new currency, or you are here to discriminate Bitcoin, have you forgotten that the btc you are discriminating is the king of all coin, without the idea of Bitcoin can you even dream of the idea of a stable coin, and even if you do on what blockchain do you think you are to launch it.

I think its better off to advertise your coin in a genuine way rather than condemning another coin and not just another coin but Bitcoin which is has lay the foundation for all other crypto.

I think this pattern of advertisement is wrong.

I am not sure if you are serious or just a troll but nevertheless i am gonna reply to your post. Bitcoin was and is such a massive success because it isn't backed by a government or by big central banks that are also controlled by the governments but because it is decentralized and everyone can participate in this financial ecosystem without any limits.
To your plan of building a new stablecoin that is backed 100% by real USD: If you really want to create a stablecoin like that you need to have huge reserves of money to really ensure that every stablecoin that you print is backed by a real dollar and i highly doubt you have access to such huge amounts of money and i also think we already have enough stable coins already.