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posted 4 years ago by TardedButNotDeparted 4 years ago by TardedButNotDeparted +10 / -5
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– SuicideTruthbomber 5 points 4 years ago +5 / -0

How could Bitcoin bankrupt people who refuse to be controlled and flee? What mechanism?

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– deleted 1 point 4 years ago +1 / -0
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– SuicideTruthbomber 3 points 4 years ago +3 / -0

Most of what you are writing is not only wrong, but entirely illogical to the point of being completely backwards.

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– FetAnka 2 points 4 years ago +2 / -0

The stock market is rigged as we saw with $GME, crypto markets are more like gold, real estate or used car market, only digital so that nobody is stupid enough to buy "paper crypto" which is just fractional reserve crypto.

Now imagine if the big banking cartel where to manipulate the market of used cars, fist they would have to buy up a shitload of used cars, mostly at terrible prices. Then to dump the price they would have to sell them all, at massive loss. And when they do, a lot of people are gonna take this opportunity to get a cheap used car which will go up in value once the market stabilizes.

Of course they could trick people into some sort of honey pot or trap door, but not like this. Why choose the most expensive way possible with huge risk of failure as they cannot control these sort of markets? It makes no sense at all.

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– the-new-style 1 point 4 years ago +1 / -0

Gold is priced in dollars, just like oil is.

Will they both be worth zero too, when my BitCoins are?

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– deleted -1 points 4 years ago +2 / -3
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– deleted 4 points 4 years ago +4 / -0
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– SuicideTruthbomber 2 points 4 years ago +2 / -0

You have a lot of pretty massive lies here, so I don't even have time you show you how wrong you are.

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– Poiuytrew 1 point 4 years ago +1 / -0

All of the bitcoin source code is opensource and heavily audited. It's not impossible there's malicious code in there, but highly unlikely.

Bitcoin sucks though, there a dozen projects which are more decentralized, faster, have real utility, etc...

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