Wall Street Bankers Meet in Secret To Talk About Bitcoin Technology!
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These banking versions are faking the genuine Blockchain (Bitcoin). Banks are trying to sustain their existing money system with their own airmiles-like tokens. It is worth the same as dollars or other fiat currencies like euros, pounds etc., in other words: these tokens are representing fake value.
Its would sure make the central banks look better if their "chain coin" failed rather than their paper dollar.
To the comment below. No man makes GOLD.
yeh. What happens if the internet goes down? wheres your bitcoin then?
It will be a cold day in hell before people like jsnip4 and others will put their faith in a bankster controlled blockchain currency.
bitcoin is a big fraud. don't be fooled by ideas that make no cents (he he). I can hold microsoft windows in my hand too but i can't do anything with it unless i have a device that uses currency (ha ha) to bring it to reality. If the FEDS like it it should raise some red flags.
Bitcoin = Shitcoin!
+jsnip4 Speaking from a Technical standpoint, you Cannot forge a blockchain transaction or attempt to do it unless you own more than 55% of the computing power of the Blocknet. This is called the >50% attack and is usually self correcting given a bit of time.
The Records of an individual in this type of network can always be traced back to the Root block and cannot be destroyed, but only be transferred to an immutable passive state (when the person is dead). This makes the "wiping of records" a technical impossibility as there is always a trail.
Where the system you explained at 14:00 works.. is when you let the government have a Centralized data storage and management system (like it is now). If they issue microchips and promise to store all info about you on Their databases.. Thats where you have to be scared.
The blockchain by definition is a decentralized system with all the users/miners of the network owning a copy of the current chain ledger.
what about a "Gold" backed bitcoin? That would surely beat out the Chinese.
Look up Ethereum… It'll make big moves in the very near future.
i remember Bitcoin when it was a few dollars,,,, i saw it grow huge and watched it free fall and crash…. i still dont trust it all these months… i prefer to have real physical metal…
So they basically copied the Bitcoin software and renamed it 'Dollars'. And then they can add as many coins as they want.
those who makes the gold…makes the rules.
if its in secret then how we know?
digital currency will be our future. plus gold and silver
JSnip you are officially part of the problem. Your a fucking idiot who chooses conspiracy theories over your own children. I'm sure people will say "what grounds do I have to make such a statement" JSnip knows exactly what I am talking about. Put the conspiracies down and be a better parent if you want to make a difference in the world. We have enough conspiracy theory idiots on youtube already. My two cents.
They may want their own version of "bitcoins", but they don't want it like bitcoin where it is finite and takes huge amounts of power and resources to create new currency.. They still want the ability to just create money out of thin air.
lol, VillainBitCoin
jsnip4 thanks for your videos, you do a great job. Are you familiar with what the book of Revelation says in regards to this exact topic? I'm not at all Bible thumping but it's very interesting.
I could see the government outlawing bitcoin so theirs becomes the main one.
more negative interest rates will improve bitcoin
Yard sales, under the table, all the fun!
It will be funny to see how the drug dealers and hookers buy and sell!
By the way! Let us not forget how easy it will be to manipulate then!
This was rehearsed 10 years ago. Imagine someone saying you don't have any money verses having paper in your hand (once gold and silver) and most importantly that old illussion of printing more paper money.
Note to all a global reset is imminent. Don't cry, go fishing! They will hash it out inevitably before the crash of 2016
A Carrington like event, or major EMP will make Bitcoin disappear. As long as things are fairly stable, grid wise, it's fine, but we are coming upon a meeting of so many events that will all tend to crash at the same time, I'd be damned afraid of any digital money. Sure, you can make a bunch of money, before shit hits the fan, but then the question is, will you have time to get possession of solid money. (gold/silver)? After the big bang? Even if you had Bitcoin on a protected device, the value at that point would be based on trust, trust that the rest of the world(what's left of it) would honor what you have in your flash drive or whatever you carry your coin on. I think that in the case of major destruction, like we are talking about, everyone would be suspicious of anything besides what you can hold in your hands.
I said this years ago, bitcoin was worst thing ever invented. It's just a a stepping stone for govcoin, and that wont be about freedom, but enslavement of mankind.
Bitcoin = Digital paper
"….such that noone may buy, nor sell, (as amended–'nor exist electronically') less they have the Mark of the (Blockchain)
LARRY SUMMERS IS NOW THE HEAD ADVISOR TO BITCOIN !
You meant, a day late and a bitcoin short :-)
yeah…!
Hmmmm…….if it were really a secret meeting it wouldn't be on youtube the bitcoin is most likely put out by the secret societies from the start.
bitcoin is a way to hijack your money, you buy into it…once the one that is in control is ready….pull the plug and all your btc are gone. Block chain or not, it's just digital…it's worth nothing.
Physical metals are Money in your hand, nothing else…..nothing, Always has been, always will. The time is going to come, real soon, where whatever you have on-line will disappear….. will!! I can log on to my savings and checking accounts and find them empty……now what? What makes people think "Bitcoin" is somehow impervious to that? I would never put any of my finances in the cloud, none, ever!!! you gotta be crazy!!! What do you do when internet services go down and get get on line? The internet and the ability to access the internet has to be the most vulnerable thing going. The whole "Bitcoin" thing would have to assume that things will continue somewhat as they are, which they will not. I'd stay way the fuck away from all of this, this is just another Ponzi scheme that will go "POOF"!!
TrustCo…
If you don't hold it in your hand, you do not owe it!!!
Amazon came along and kicked eBay's butt though… just sayin. ?
Excuse me but there are plenty of other video web sites out there with the same market share as utube. Mr. Expert
People use btc because they want to stay away from banks, i dont know why banks dont undertand that.
First i love your video second why is youtube put you all the way at the end of the list? 3 I have been watching all your youtube video ads to support your chanel.
I predicted this would happen when bitcoin first started to be talked about by Davinci when he sold silver for bit coins.
So is that Lindsey Williams chick invited?…She has a lot of elite friends. Surely one of her elite friends is an elite banker.
All the major banks and ‘smart money’ are investing in bitcoin and related startups, as well as they are buying physical gold and silver, they know what’s coming soon.. Also, the amount of bitcoins is limited to 21 million ever. Remember when bitcoin was less than 1 dollar each?. there are cycles, it grows to the 10ths of dollar and crashes to 1 dollar, then in "bubbles" to 100 and crashes to 10 dollars, next bubble went to 1000 and then crashed to 100's, next bubble will go to the 10,000's and then "crash" to $1000 or $2000.
digital currency is nothing but another way to create fictional currency! Especially if the same people are the owners and creators, nothing will change! Who owns all the assets right now? The same people who stole them! Not going to even start the new currency off on a fare or just foothold! The club has already stolen everything from the world! They wont let anything start new unless they hold all the cards and advantages to start with!
Bitcon is a snare
banks are no threat to bitcoin whatsoever, simply put banks will centralize there system, which equals easy hackable, bitcoin is decentralised equals un hacked in 7 years.
Sounds like manic. They are all not to be TRUSTED. I am understanding these banks have been given a altamont. Back in gold like other currency. Or ? They are bankruped.
What happens if you get accused of something and the po-po take all your devices? What does the magic ? say about dat?