My take is that it won't, because it's been adopted by forces like Blackrock.
Yea yea, virtually every criticism of crypto you still have applies, such as its origin and how it will be used to usher in CBDCs, etc. etc.
But your "it's going to zero" take is wrong, unless, I suppose, the whole international banking system collapses or the power goes out with no hope of repair. In either case, we have bigger problems to worry about, and you won't be jumping on here to say "see, I told you so."
EDIT: I'm still waiting on a prediction of when it's going to zero. Any takers?
When the lights go out.
"with no hope of repair"
Every society has a rise and fall. If that happens with the power going out, we all have deeper concerns.
It's so obviously a ponzi. Like most "assets" it won't go to zero, but will become close to worthless outside the Kool Aid drinking community that will delusionally and religiously hodl it until they die.
Btw, bro, 2025 might be the year my toe nail clippings go to $1M, don't miss this chance to get in. Central banks want to ban access to these, and theres rumors Putin is going add them to the BRICS currency basket.
You turn those clippings into an NFT and I’m on board
Or just be smart and cool headed about it and use it to diversify your assets and not go all in on it. That's what I do and I've made a profit even though I entered recently.
You mean there is a virtue between two extremes, in moderation?
Inconceivable
Nah, fuck it, I'll stay away.
You really think Blackrock is going to let Bitcoin crash to near worthless?
Fuck yeah. When they opened up blockchain futures, that also gave them the opportunity to short it, when the time comes. They don't give a fuck.
Based on historical precedent, such as the South Sea Bubble or Tulip Mania, provide a comparison to make the case.
I don't know what's going to happen, so it's best to hold a little crypto. If it goes to zero, no big loss. If all government fiat currency goes to zero at least you'll have something tucked away. I see it as a hedge.
Any coins without their own blockchain, below top 100 can go bye bye.
When it's served its purpose , enforced CBDCs are made de jure, crypto outlawed and Internet controls installed.
So, not very soon or perhaps never.
When did price of tulips go to zero forever ? Never.
Did many crypto coins go to zero forever ? Yes.
BTC is a liquidity sucking control system.
Crypto will go to zero when someone creates a better way to make a direct person to person payment to someone on the other side of the world instantly.
There will always be many who find value in that.
So Don't hold your breath, it won't be anytime soon, if ever.
All the ones and zeros in my bank account just paid for a shoulder holster I ordered online.
When it arrived, I held it in my hand.
That said, I agree, that in the end this material world is for naught...it's all a test.
Your cryptos are worthless when the grids go off, the FEMA camps start rolling, heathens start vanishing over the word "nigger", "cunny" or "faggot" and people start eating each other.
Yes. When the SHTF it's food, water, ammo, family/friends, and Jesus that count.
That's not the point I am making. Anti-crypto folks are "it's going to zero!" and "It's all fake" and "It's going to crash" and so on, etc. blah blah blah. All of it was in TWO MOAR WEEKS and they are as bad and a preacher saying it's the end of the world.
My point is only that the mega Jew controlled banks have bought into crypto, and they are not going to let it go to zero, because they have a vested stake in it being an asset worth something that they spent their money on in the first place.
They didn’t buy into something they created.
Answer this if it isn’t a giant government controlled scam how is the government able to seize bitcoin without the wallet password like they did with the Silk Road raid or any other criminal cases?
It’s controlled by the government because it was created by the government and these globalist corporations that are in bed with government.
Money to a bank is nothing but numbers on a screen. A means to accomplish their ends. They don’t care if they lose “money” because they can literally create more through fractional reserve banking or just have the tax payers bail them out.
Your entire premise is retarded after the 2008 housing crisis.
You do realize, right, that governments bailed out the banks in the 2008 crisis, right?
I never said crypto doesn't have lots of things to criticize it for, I'm saying it won't go to zero.
Please argue with what I said, rather that what you want to argue against.
Not an argument.
Why would they buy crypto though? If at anything they could had been just let all the crypto-wizards fester so they self destruct when the grid goes off. They still have actual gold and fiat money even when the rest of the world goes to hell, and the crypto wizards will find themselves penniless slaves to the new popes and cancel-priests.
All is one. A jew suggests nihil-ism (nihilo; nothing) to encircle one within nothing aka ayin (ein sof). Here's the symbol... https://img.gvid.tv/i/4N9o4RDQ.jpg aka 1 within 0 aka shutdown symbol aka 1 hidden (kryptos) within 0.
Now...one and only moment of existence.
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