[adorno]

Has Bitcoin been manipulated more to make people think digital currencies are better than paper? There is a strong probability of that. This is clearly a dream of tyrants.

Putin if going the way of bitcoin. The Russian currency is krap, so, bitcoin is how Putin aims to do business within and outside Russia. Oil is Russia's other ruble, but bitcoin can be independent of either of those 'currencies'.
>br> Bitcoin doesn't have to represent the value of goods and services in a country. Any country, if I understand any of it, can claim that a bitcoin represents the wealth within the country.

Haiti can join the bitcoin craze and become a very wealthy country overnight.

I'm so confused and have no idea what I just posted above. Bitcoin (crypto currency) is a maddening craze. The world should drop it and declare it a fraud.

[delta7]

bitcoin is how Putin aims to do business within and outside Russia
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Don’t confuse the dozens of cashless currencies. China prohibited Bitcoin, and as Armstrong has stated, once a government cashless digital currency is put into place, they will outlaw all private electronic cashless digital currencies OR tax the helll out of them.

Look what Putin has done to Bitcoin.

“ Putin Signs Law Declaring Crypto as Property in Russia

Russia officially declares cryptocurrency as property, unleashing groundbreaking tax rules: mining exemptions, progressive income taxes, and steep corporate levies starting in 2025…”

https://news.bitcoin.com/putin-signs-law-declaring-crypto-as-property-in-russia/

Trump may be thinking he is doing “ right” by accepting private digital currencies, but once “ in place”, the next administration can/ will easily weaponize it.

This should be a warning:

https://www.reuters.com/world/us/us-securities-regulator-urges-against-crypto-bill-adoption-2024-05-22/

May 22 (Reuters) - The U.S. House of Representatives on Wednesday passed a bill that aims to create a new legal framework for digital currencies, despite an unusual warning from the U.S. securities regulator it could create new financial risks.
The Republican-sponsored Financial Innovation and Technology for the 21st Century Act passed in a bipartisan 279-136 vote.….”

Last I heard, Congress is holding closed door meetings on how to regulate private digital currencies. Discussions are said to be how to legislate a “ back door” into them, in other words, loss of anonymity ( like Gold and Cash has), giving the government a way to monitor and tax them. The government is NOT here to help.

We shall see, but it appears the Jeanie is being released from the bottle, and I can’t believe Trump is loosing this evil and embracing our loss of financial freedom ( potentially).