BitTards! You're NOT Gonna Like This. Crypto Reset Imminent?

If you're in crypto and you're not aware of the settlement that Tether made with the State of New York, you need to do some more homework.

Yes, Tether is somewhat sketchy but will not be the downfall of Bitcoin or anything else.

Wow. Learning a lot from both sides folks.

Blockchain was allowed to proliferate.

In order to manage a global system, it must be secure, it must be able to be non-centralized, it must be able to house AI without disruption.

In this type of system, a disruption in a region or locality will not interfere in the global processing of information.

That's what ICP will do. It has the technology to do global scale computational processing. Now combine this with AI and you have a true global AI brain to manage the world's resources without human interference.

This system is being put in place to take out the human factor in the equation of resource management. Humans will be another resource that needs to be managed.

We're all screwed in that sense.

See the video I posted above, it's all part of the big picture.

Exactly. For those more interested, Adams posted to videos over the weekend about the Evergrande/Bitcoin connection. Then this podcast drops on Monday.

Combined together has got to bring warning signals for the crypto investor.

if my crypto holdings crash then i will sell them and claim a capital loss to off set a capital gain from something else in the same year.

Did anyone notice that USDT dipped around the same amount BUSD went up

Tether FUD?

Jesus what is this, 2019?

a little late to the party there OP

You don't think the central planners would give up their power that easily do you? No, just like they got congress to pass laws making their paper receipts legal tender, they will do with blockchain technologies.

Consolidating all blockchains to a fedcoin or something like that. The money printers also don't ever want to be limited in any way. That's why they originally broke free of gold backing to the currency. So they could pyraimd their loans. Then it became 'fractional reserve lending'.

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All the technology involved in crypto will not just get wiped. Bitcoin could crash though because of tether.

No way blockchain tech is disappearing or going to just one coin system.

ISO’s could be the top dogs though, with non ISO top dogs alongside.

There is nothing backing up ANYTHING!

Gezzuz fucking Keyrist.

Intrinsic objective value is distilled down to only 2 things:
Calories and kinetic energy.
Translation:
Food and ammo.
Everything else is an abstraction only made possibly by a functioning civilization social model.
We don't have one of those any more.

Would you like an imaginary 'wallet' to go along with your imaginary 'coins'?

WTF are you smoking shiba weed?

what gives your crypto value? Could it be... fiat $?

Haha I know right...

Meanwhile

Yield farming and a whole array of decentralized finance is coming....

Sec is butt hurt about it.....

one must put some filters on when listening to Mike as he doesnt always filter his sources as well as he should.

You're disgusting. Almost everything you say is wrong.

he's right, you know

I wouldn't be sad to see tether go. More of a leech than anything.

2018 called. It wants its Tether FUD back.

END THREAD

Loves me sum FUD.

Mike is very ignorant. He takes everything for face value and turns everything into doom and gloom. I used to listen to his podcast, and after a week of unjustified FEARPORN about EVERYTHING he talks about I had to turn it off for good. Just beware and lookup everything he reports on because a lot of it is wrong.

And

Homebase among 40+ retailers to offer Bitcoin cash back

Got a few problems: \

1. Mike Adams is a fudder...been a fudder...still a fudder

2. Tether story has been run into the ground - just like "China banning crypto" for the 10th time...it's the same story, recycled because market manipulators need the market to pull back and shake out weak hands

3. Tether is only a fraction of the market

4. Crypto is not a US phenomenon - it's worldwide

5. Bitcoin is dead will never be a correct call - it's virtually impossible to stop this train - the genie is out & unless you are going to delete the shared blockchain off of millions of computers simultaneous or crash all internet worldwide it's not going anywhere

Sorry but that's fud...nothing more

Bitcoin crashing?

It is 50000 bucks.. How is that crashing?

GLP Experts...

Whoever did opposite of they said, is now wealthy person.

I would advise you and everyone else who is invested in crypto that the moment you hear that the Central Bank is launching a digital currency to sell everything you have and convert it to cash as soon as possible because the moment the government wants to end it , and believe me, the government doesn't like competition and people don't even hide money, it will end.