Quote# 138563

We used to have to work and mine gold which costs a lot of money until people excepted it as a medium of exchange. It called Proof of work (POW). Bitcoin is decentralized and bringing back the PoW standard.

Centralized banking has such a monopoly, they gave up the POW standard (Gold back dollars).

No more. This generation has the highest IQ in history due to having a supercomputer in their hands and any question answered in a minute. No more fake recessions, or wars for the sake of elections.

Humans are evolving exponentially and the 1% centralized banking trick is dead. Don’t invest in those stocks. Short them and you can make a killing. We made a few test shorts of bank linked stocks and bought bitcoin with the proceeds. We are going to short them massively. JP Morgan insiders said through darknet chat rooms that they are all invested in bitcoin and have to use Tor to communicate cause Jamie diamond threatened them if they supported crypto. They are pissed cause his daughter and family own crypto but he won’t let them.

Short all banking. You can’t lose. It’s finally a dying industry. No 8-10 year old who isn’t allowed to open a bank account, is going to switch from bitcoin to banking’s inefficiency. A simple app they used their e tire life to a complicate banking system that tells them they can can’t spend money they earned freely on products they want. Makes no sense and these kids will be the smartest generation the world has ever seen. Banks are in fear and should be. The clock is ticking. A lot of people in the banking system are using Tor to communicate to short JP and buy more crypto. The baby boomers are dying off, the millennials are building the future and kids under 10 today are using this technology.

It’s the way of evolution. But banks will fight bank so it’s going to have to be revolution.

KalEll66, /r/Bitcoin 8 Comments [7/4/2018 4:14:28 AM]
Fundie Index: 1
Submitted By: zipperback

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Psalmanazaar

I think that's what we all want, right? Some kind of conflict and upheaval over what we call our money. Why just earn, spend, and save it when you could turn it into another source of uncertainty to waste all your time fighting over?

When that is done, we can start a society-wide fight over shoes or towels or something.


7/4/2018 7:20:43 AM

Lucilius

Cryptocurrency buffs are a special kind of weird - usually a mix of (Jewish) bankers run the world!" conspiracy looks with pompous libertarianism.

7/4/2018 11:24:44 AM

Psalmanazaar

As an aside, I am a little skeptical that gold used to be called "proof of work."

7/5/2018 6:18:13 AM

Kanna

"We used to have to work and mine gold ..."

Hi ho, hi ho, it's off to work we go...

7/5/2018 9:07:36 AM

Dr. Weird

I guess since his user name is "KalEll66" he's actually talking about "Kryptocurrency".


...



I'll show myself out.

7/5/2018 12:38:52 PM

K

having a really smart computer makes you smarter?

No, sweetie. That's not what anyone sees out there.

People spend no time thinking about anything, and accept the first result their phone gives them on a search. No matter what the result is, because they're largely uncritical of authorities.

Yeesh.

7/6/2018 6:02:35 AM

Anon-e-moose

The only ones winning are NVidia & ATI.

With the way graphics cards are going up due to mining farms buying loads of the things purely for the sake of GPUs churning out random numbers to find the last remaining Shit...er, I mean Bitcoins, frankly it would be better to use these as currency, eh?!

But then, Computer Exchange also accept and pay out in Bitcoin - as well as hard cash - so there's a form of currency for ya: with worth.

And with the instability even the most established form of Craptocurrency has, perhaps you Buttcoiners will be reduced to trading pictures of shiny naked girls by Satoshi Urushihara when things go down the toilet for you...?!

7/6/2018 5:21:57 PM

Token Atheist

How is BitCoin proof of work (not that gold ever was)? The computer did the work, not a person. It doesn't really mean anything more than the fiat currency we have now that at the very least is backed by faith and credit of a nation's government (for whatever that is worth).

7/8/2018 6:01:07 PM

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