Satoshi Nakamoto is the name you are thinking of. An acronym. I think of BTC as Baby Trafficking Coin, created by the CIA/some deep state companies.
Posted on 11/19/2025 6:41:30 AM PST by delta7
I remember that when I got my first check for berry picking that I insisted to see real money, so my parents cashed it for 93 silver dollars and let me enjoy that for a few days before it went off to the savings account.
> I’ve never understood Bitcoin so will never invest in it. <
Same here. I suppose we might lose out on some good investment opportunities. On the other hand…
“Never invest in a business you cannot understand.”
- Warren Buffett
(Buffett himself refuses to invest in bitcoin.)
Crypto in 401ks is going to cause Bitcoin to skyrocket.
Bitcoin is about buying an algorithm.
Similar to your 401K balance or your stock portfolio or your bank balance?
Do you think your bank has a vault filled with all of the money you have deposited?
It's all 1's and 0's
The question is:
What is going to be worse...
The 1's and 0's in your bank's database being devalued by nonstop printing of fiat dollars.
OR
The 1's and 0's in your blockchain secured wallet being devalued due to market volatility.
One is just slower than the other................
Satoshi Nakamoto is the name you are thinking of. An acronym. I think of BTC as Baby Trafficking Coin, created by the CIA/some deep state companies.
Crypto in 401ks is going to cause Bitcoin to skyrocket.
It is not a tangible asset. It has no intrinsic value.
>>Bitcoin is a scam. Bitcoin is not backed by anything except greed and foolishness.
Same thing could be said of the USD or any other fiat currency.
“An untraceable money exchange for these purposes.
Change my mind.”
Every transaction made with Bitcoin is traceable. You can know which wallet it came from, where it has been, etc. It is very traceable. Cash, OTOH, is not.
one thing that doesn’t sit right with me...Eric Trump and DJT Jr. are both huge bitcoin pumpers...
As the belief becomes a concern, its value begins to devline.
I suspect that the rise in the price of gold has played a big role in bitcoin's decline.
With the gold rise & the contant drum beat promoting the aquisition of the metal finally swayed bitcoin holders to divest in their bitcoin goldings to hedge their & diverse their holding to include gold to hold in their financial potfolio along with their most likely large holding they still maintained in bitcoin.
We will see where it goes from here.
Yeah, they did. But it is better than when Democrats use the word “invest”. They aren’t even betting; they are laundering money.
“The silver is mine and the gold is mine,’ declares the LORD Almighty.”
Haggai 2:8
I prefer to stick with “ equal weights and measures” and to be a good steward with his form of Wealth.
Jesus was sold out by Silver, I find it amusing the eight big bullion banks are now being absolutely destroyed by Silver’s rise...the millions of paper ounces they are shorting is causing them huge losses...remember Bear Stearns?
JP Morgan assumed them and it took them $$$ billions and eight years to clear the assumed short positions...basically PM’s are now assuming their role in dictating what is financial Wealth....and what is not.
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Thanks! For it - or ag'in it, it'll be a wild ride.
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