kekno3030

BTC: Where will the oligarchs take thee?

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BITFINEX:BTCUSD   Bitcoin
Bitcoin's development team, Blockstream, was financed by those that don't want anything the whitepaper stands for, which is why transactions take an hour, cost too much, the mining isn't profitable, and the solution is a sidechain that is legally a Security by SEC standards and, coincidentally, is the only way they can deliver returns to investors while preventing the goal of Satoshi's White Paper. After all, a P2P currency would hurt central banks, Bilderbergers and The Federal Reserve.

So we must ponder, where will the "whales," also known as statist oligarchs, decide to take this ultimate shi*coin and scalp more retail investor money?

We know that:
1. Bitcoin sucks as a form of payment: high fees, at least an hour transaction time
2. Investors into development don't want it to be a form of payment, rather a "store of value"
3. Lightning and Liquid, like Segwit, are effectively IOU's, and trading IOU's are considered Securities by the SEC, making the history of all of them illegal trading
4. Bitcoin isn't private, so it isn't good for illicit purchases either
5. Bitcoin only exists due to the catastrophes that central banks, government-insured banks, and market manipulation caused: suddenly, you're in league with them to hopefully "moon" like 2017?
6. Bitcoin hitting $1 million would equal the United States GDP. Please, put down the pipe full of meth and crack and come back to reality.

Short, count profits, invest in real technology.
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