|
REPORT ABUSIVE REPLY
|
|
Message Subject
|
I have Uncle Intel On CRYTPO
|
|
Poster Handle
|
Anonymous Coward |
|
Post Content
|
All I know is that USG has thrown people in jail for even considering the creation of a gold-backed competitive currency.
Two things gives the USG power: the US military and USD as a monopolistic global reserve currency.
I love the libertarian dreams of the crypto bulls, but if you think the USG is going to just going to stand by and let BTC upend the its USD monopoly, you are delusional.
They don't actually care much about BTC is a speculative instrument, but when they start hearing analysts suggesting the CFOs should replace USD on their balance sheet with BTC, it perks their ears. They will now use every device of government that is required to crush that idea.
Microstrategy and Tesla will both be puking out their BTC positions before the end of the year.
Quoting: Zalinsky Or maybe they will HQ elsewhere and not be an American company anymore. I could see Musk doing something crazy like leaving the USA for some tax haven and declaring Tesla's official address as Mars. The system that runs the USA is about to learn a big lesson soon and that is crypto is untouchable and has created a new breed of untouchable people, people who are not paper rich like the retards running congress, but those who can dump in to the fiat system, short a bank, and dump out again, people with ACTUAL REAL POWER. WTF are you talking about? Buying food, housing, etc. still requires fiat in 99.9% of cases. Crypto wealth is only accessible if there is an on/off ramp. If you are a US citizen/resident, that's a major problem. Even if you are not a US citizen/resident, the central banks are all connected and are on the same team. The EU will be just as restrictive, if not more so. The system that runs the USA is about to learn a big lesson soon..No, the crypto crowd is going to learn a lesson along the lines of Snowden/Assange that the USG is ruthless in the protection of it monopoly, and they will not allow a thing like rule of law to stand in their way. It has been possible to buy food, clothes, things from amazon, chipotle, whole foods, furniture with DASH digital cash for years now, including in the U.S. In fact, DASH is accepted at more retailers in the U.S. than BTC. [ link to finance.yahoo.com (secure)] Jared Polites
January 27, 2021·2 min read
CrayPay, a leading loyalty platform operating in the U.S. aimed at streamlining instant rewards for users in online and store chains, has received an investment from the Dash Investment Foundation.
The cooperation agreement foresees the connection of Dash as a means of payment at more than 155,000 merchant locations and 75 retail websites in the US. The retailers in question include such prominent brands as Best Buy, Domino’s GAP, Lowe’s, Staples and others.
With the new partnership, Dash may become the leading cryptocurrency payment method in the United States surpassing Bitcoin accepted by just 18,739 retailers, according to Coinmap.org.
Quoting: yahoo!finance
|
|
|
Please verify you're human:
|
|
|
Reason for reporting:
|
