Can Bitcoin Help the Greeks in Crisis? – The best and ...

Brexit Bitcoin Shows no Premium While Pound Nears Euro Parity as Crisis Descends on the Palace

Brexit Bitcoin Shows no Premium While Pound Nears Euro Parity as Crisis Descends on the Palace submitted by bitnewsbot to bitnewsbot [link] [comments]

Bitcoin Beats Euro As Brewing Italian Crisis Delivers 6% Monthly Losses

Bitcoin Beats Euro As Brewing Italian Crisis Delivers 6% Monthly Losses submitted by ThrillerPodcast to thrillerpodcast [link] [comments]

Bitcoin Beats Euro As Brewing Italian Crisis Delivers 6% Monthly Losses

Bitcoin Beats Euro As Brewing Italian Crisis Delivers 6% Monthly Losses submitted by leftok to atbitcoin [link] [comments]

Is Bitcoin a solution to the euro crisis?

Is Bitcoin a solution to the euro crisis? submitted by ivyplant to Bitcoin [link] [comments]

Spain's crisis spawns alternative economy that doesn't rely on the euro - Possibly a good opportunity for Bitcoin?

Spain's crisis spawns alternative economy that doesn't rely on the euro - Possibly a good opportunity for Bitcoin? submitted by cybrbeast to Bitcoin [link] [comments]

Bitcoin getting a boost from euro crisis

Bitcoin getting a boost from euro crisis submitted by alanX to Bitcoin [link] [comments]

12-05 23:32 - 'Danger is that Italy holds a vote on whether to leave the euro. Analysts at RBCCM argued that, based on what happened in 2012 at the height of the Greek crisis, such a risk could see the euro trade as low...' (uk.reuters.com) by /u/lerreddit removed from /r/Bitcoin within 1309-1314min

Danger is that Italy holds a vote on whether to leave the euro. Analysts at RBCCM argued that, based on what happened in 2012 at the height of the Greek crisis, such a risk could see the euro trade as low as $0.8000.
Go1dfish undelete link
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Author: lerreddit
submitted by removalbot to removalbot [link] [comments]

Would the Euro crisis be better if it was replaced with bitcoins?

submitted by Sendmetohogwarts to AskReddit [link] [comments]

Will Bitcoin replace the Euro? Certainly a possibility if the Cyprus crisis spreads

Curious if anyone from Europe could weigh in on this idea. If the Euro collapses and the situation in Cyprus is only the first domino, could Bitcoin, or crypto-currencies in general, replace fiat money throughout Europe?
submitted by bitnorati to Bitcoin [link] [comments]

State of Bitcoin Q2 2015: Price Gains Amid Euro Crisis

State of Bitcoin Q2 2015: Price Gains Amid Euro Crisis submitted by BTCNews to BTCNews [link] [comments]

Forex: Euro-zone Crisis Spawns Bitcoin Craze

Forex: Euro-zone Crisis Spawns Bitcoin Craze submitted by ShellOilNigeria to Bitcoin [link] [comments]

What will undoubtedly happen from a macroeconomic (big picture) perspective... idiots

OKAY. So demand has been reduced dramatically around the world, our $21 trillion GDP has basically been paused for 2 months, so to keep it afloat (rough math), the government had to add $3.5 trillion to keep the economy running somewhat smoothly. That's a lot of printing, you idiots probably expect inflation. Wrong, step away from the US and look at what other countries are doing, the ECB (European Central Bank) and BOJ (Bank of Japan) are having to print trillions of dollars worth of EURO and YEN to keep their economies going, along with every other country getting pounded. Not only that, but since the US dollar makes up 70% of global transactions, in liquidity terms, trillions worth of euro and yen is MUCH MUCH more than any amount Jpow feels like printing, there's no way our printing could offset what the rest of the world is doing, so inflation isn't coming. If you want proof, just look at the euro/usd (going lower) and literally ANY emerging market currency is getting absolutely clapped vs the dollar.

Furthermore, not only is US corporate debt at an all time high, but emerging markets, the eurozone, and asia has borrowed more dollars than ever before at any point in history, basically everyone around the world's debt is denominated in US DOLLARS. So what's about to happen? It's already happening, demand for US dollars is going up because everyone around the world wants to borrow more to offset cash flow concerns and pay off existing debts, which will cause the dollar to increase in value. What happens when the whole world has debt in dollars and the dollar goes up in value? DEBT BECOMES MORE EXPENSIVE. This is DEFLATION, and in particular and even more terrifying DEBT DEFLATION, a phrase that would make Jpow absolutely shit himself (and he knows its coming). This has already started before the whole beervirus nonsense, look at Venezuela and Zimbabwe, they had too much dollar debt, no one wanted to lend to them anymore and whoops, their currency is worthless now. It's going to be like a game of musical chairs for people trying to get access to dollars, starting with emerging markets and eventually moving into the more developed economies. The result: massive corporate bankruptcies, countries defaulting on debt (devaluing their currencies) and eventually a deleveraging of massive proportions. This WILL occur and no amount of printing can stop it, it's already too far gone.

It doesn't matter what the stock market does, other markets around the world will be fucked, honestly it might cause the market to go up because of all the money fleeing other countries trying to find a safe place to live. Here are the plays assholes. TLT will go up because no matter what Jpow says, he doesn't control the fed funds rate, the market does, and US treasury bond yields have already priced in bonds going negative. CPI shows that we may see up to -3% inflation (3% deflation), meaning at .25% fed funds rate, the REAL rate is 3.25%, that is the worst thing possible during a deleveraging because it makes it harder to stimulate the economy, the fed has no choice, rates MUST go lower. Rates go lower, bond prices go up, TLT 12/18 $205c. Remember how I said scared foreign money will want to find a nice safe place to go when we go into the biggest debt crisis the world has seen in over 300 years? GLD 12/18 $240c. Finally, the dollar will rise in value as well so UUP 12/18 $28c.

As far the actual market, we hit a high of SPY 339.08 in February, fell to a low of 218.26 by mid March, and have since then retraced EXACTLY to the 61.8% Fibonacci retracement level at 290, and started to bounce lower from there. I'm no technical analyst, but I do know history. During the greatest crashes in stock market history, 1929, 2001, 2008, the Nikkei in 1989 (Japan) this exact same thing happened, market got scared and fell to lows, then smoked that good hopium for a few weeks or month to retrace between 50% and 61.8% back to previews highs, then absolutely fell off a cliff. If you don't believe me, go look at the charts. Now, I'm personally not going to be betting on the US market falling because of the fact that its just straight up not reflecting reality and there are much better ways to trade on what's occurring (see trades above), but I PROMISE, that we will not be seeing new highs at any point any time soon.

TLDR; The world is going to shit due to the dollars over-dominance of the world market, we will soon see the worst deleveraging in human history, and may very well have to come up with a new fiat money system (probably not bitcoin, but it wouldn't hurt to have some). TLT 12/18 $205c, GLD 12/18 $240c, and UUP 12/18 $28c. If you wanna be an autist and buy weeklys, I can't help you, but I basically just gave you the next big short, so you're welcome.

DISCLAIMER: I didn't say what price to buy at for a reason, timing is extremely important for trades like this, so don't FOMO in and overpay, you will get clapped.
submitted by Rezuwrecked_ to wallstreetbets [link] [comments]

Bitcoin ATMs on the Rise in Hotels in Switzerland

Bitcoin ATMs on the Rise in Hotels in Switzerland
The number of hotels with a bitcoin ATM on-site is growing in Switzerland. The latest announcement came from The Dolder Grand, a luxury hotel and spa in Zurich, which recently installed a crypto ATM supporting four cryptocurrencies.
The Dolder Grand announced Monday that a cryptocurrency ATM has been installed at the hotel for guests to buy and sell cryptocurrencies on-site. The announcement states:
As of now, guests of the zurich hotel dolder grand can buy and sell cryptocurrencies on site – conveniently at the crypto atm. This is made possible by a device from the swiss cryptocurrency financial specialist Värdex Suisse.
Hotel guests can use the machine to buy four cryptocurrencies — bitcoin, bitcoin cash, litecoin, and ethereum — with Swiss francs and euros. They can also sell BTC for Swiss francs.
Bitcoin ATMs gaining popularity in hotels. mickaelmosse.com
The Dolder Grand started accepting bitcoin for overnight stays, food, drinks, and spa treatments last year. According to the announcement:
The demand for cryptocurrencies has increased significantly since the outbreak of the coronavirus crisis. Many use the Värdex machines to gain initial experience with cryptocurrencies.
The crypto ATM installed at The Dolder Grand is operated by Värdex Suisse, which has the largest network of cryptocurrency ATMs in Switzerland. Founded in 2017, Värdex is a spin-off from Bitcoin Suisse AG. Based in Zug’s crypto valley, the company is a regulated Swiss financial intermediary.
Värdex Suisse has installed crypto ATMs at about 70 locations in Switzerland. According to the cryptocurrency ATM tracking website Coinatmradar, there are currently 102 crypto ATMs in Switzerland, making it the country with the sixth-highest number of cryptocurrency ATMs.
Besides The Dolder Grand, other hotels that have a Värdex Suisse cryptocurrency ATM installed include Hotel 46a, Parkhotel, Hôtel Régina, Hilton Zurich Airport, and Hotel Hecht Gottlieben. The company says that hotel guests “actively take advantage of the opportunity to easily buy and sell cryptocurrencies at ATMs.”
#cryptocurrencies #bitcoin #bitcoincash #litecoin #ethereum #SwissFrancs #euros #BTC
https://mickaelmosse.com/hotel-bitcoin-atms-on-the-rise-with-addition-of-swiss-hotel-dolder-grand/
submitted by williamsouza10 to u/williamsouza10 [link] [comments]

Don’t buy dollars

If you feel tempted to sell, remember you can never just ‘sell’ Bitcoin. You must buy something else: dollars, euros, yen or some other rapidly devaluing currency.
Fiat provides you no protection from the current economic crisis. It is an investment guaranteed to lose value. It is a drain of value not a store of value.
Store your money in Bitcoin, outside the greedy hands of governments and corporations. Keep calm and hodl on
submitted by admin_default to Bitcoin [link] [comments]

Bitcoins Cashout - Current Bitcoin Value Exchange BTC To USD

Bitcoin is more popular today than it was a year or two ago. However, somehow people have not adopted it as steady money. Therefore, there are many reasons for withdrawing bitcoins and many reasons for liquidating this digital asset with fiat currency for use in everyday life.
Sometimes you may need to trade bitcoins to pay a bill, cover an emergency, or just buy a meal. In these cases, speed is of the essence of your needs, as no one has the time to wait three to four days for banking transactions. So when you need fast cash, you can simply exchange your cryptocurrency for paper money and meet your needs.
Although transactions and digital transfers are easy to accept, you must specify the currency in which you want to receive your payments, the amount of money that you will lose, the online payment method and the platform on which to use. Bitcoin to dollar calculator resolves all of these concerns with easy access and money transfer.
If you are somehow in the middle of a major currency crisis, you need to get access to the fastest possible platform for converting your bitcoins into fiat currency. Additionally, you must also consider the time taken to complete transactions. So, this is the reason why this cash withdrawal platform is much better than international bank transfers that take 3-4 business days.
How it works?
If you are wondering how to convert your bitcoin cash into fiat currency, you have come to the right place. Learn how to withdraw your Bitcoins using this platform. This cryptocurrency exchange platform is very easy to use and comfortable. It uses a simple interface that everyone can understand and makes this platform easier, more transparent, and free from fraud. On this site, you can sell and trade your Bitcoins and get fixed cash anonymously from anywhere in the world.
To use this amazing site, you don't need to create an account or fill out the login form. You only need to find the link, select the amount you want to change, a method for receiving your payment, and that's it. Now you just have to click on the "Apply Now" button. Now your transactions will be in your account in no time, and you can use them easily.
What to offer
You don't need to worry about the time it takes to complete the transaction or the speed of settling the digital currency because btc to dollar doesn't allow you to wait long to sell your Bitcoins. In addition, you will be constantly informed about the Bitcoin exchange rates and rates of the world's leading companies. Hence, this is the best place to sell blockchain cash for cash. Also, you can get your money instantly without giving your information. It does not require identification or personal data.
You can trust and trust this company in transactional matters. There is a wide range of options to receive cash in multiple currencies like Euro, US Dollar, Indian Rupee, etc. Additionally, it has fast mobile phone access in several languages. Also, the platform provides a 100% free wallet and account for you. Customer satisfaction is their top priority, and they have also introduced an app for their smartphones, which can be accessed anywhere in the world. This platform is completely safe and reliable. It is easy and effective to use.
This site offers great benefits to its clients. You don't have to worry about transaction fees as it is completely free on this platform. So don't just sit there and start making Bitcoins. Whenever you need an emergency fiat cash or any time or occasion, Bitcoinscashout is just a few clicks away.
submitted by khanbinazir to u/khanbinazir [link] [comments]

Bitcoins Cashout - Current Bitcoin Value Exchange BTC To USD

Bitcoin is a lot more popular today than it was before a year or two ago. Still, people have not adopted it in a way as flat money. Therefore, there are many reasons to cash out Bitcoins and many reasons to liquidate this digital asset into fiat currency to use it in daily life.
Maybe sometimes you need to exchange bitcoins for paying a bill, cover an emergency, or simply buy a meal. In these cases, speed is the essence of your needs, as no one has time to wait for three to four days for bank transactions. Therefore, when you need rapid money, you can simply exchange your cryptocurrency into fiat money and fulfil your needs.
Even though it is easy to accept digital transfers and transactions you have to decide which currency you want to get your payment in, how much fee will you lose, and which online payment method and platform to use. Bitcoinscashout resolves all of these concerns with their easy to reach and transfer money facility.
If you are in the middle of a major money crisis somehow, then you need to get to the fastest possible platform to get your bitcoins transferred into fiat currency. Furthermore, you must also consider the time it takes for transactions. Hence, this is why this transferring bitcoin to cash platform is way better than international bank transfers which take about 3 to 4 working days.
How does It work?
If you are wondering how to convert your bitcoin cash into fiat currency, then you have come to the right place. Learn how you can cash out your bitcoins using this platform. This cryptocurrency exchange platform is very easy and convenient to use. It uses a simple interface that is understandable by everyone that makes this platform more easy, transparent, and scam-free. On this site, you can sell off and exchange your bitcoins and get flat cash anonymously from anywhere around the globe.
To use this spectacular site, you do not have to make an account or fill a login form. Just search out the link and select the amount to exchange, a method to get your payment, and that’s all. Now you just need to click on the Order Now button. And now your transactions will be there in your account within no time which you can use easily.
What does it Offer?
You do not have to worry about the time it takes to transact or the speed to liquidate the digital currency because exchanging bitcoin for usd does not let you wait for long to sell your bitcoins. Moreover, you will be updated frequently about the bitcoin prices and exchange rates in the world’s top companies. Consequently, this is the best place to sell blockchain funds for cash in hand. Furthermore, you can get your money instantly without giving any of your information. It does not require any ID or personal data.
You can trust and rely on this company in the transaction matters. There is a wide range of options to receive cash in multiple currencies like the euro, USD, Indian rupees, etc. Furthermore, it has quick mobile access in various languages. Moreover, the platform provides a 100% free wallet and account for you. Customer satisfaction is their highest priority, and they have also provided an app for your smartphones, that is reachable anywhere in the world. This platform is completely safe and trustworthy. It is easy and efficient to use.
This site provides great advantages to their customers. You do not have to worry about the transaction fee because it is completely free on this platform. So don’t you just sit back there and start making Bitcoins. Whenever you need fiat cash on an emergency basis or at any time or occasion, Bitcoinscashout is only a few clicks away.
submitted by micalejhon to u/micalejhon [link] [comments]

Round up of Cryptocurrency News #10 Week 28/09 - 4/10

Hello and sorry all its been about a month since serious post. So what has happened this week? 1. Kucoin exchange was hacked for over $150 Million in Bitcoin. Bitfinex and Tether freezes $33 Million of stolen funds. Over this past week we have seen many cryptocurrencies on the exchange be released from the freeze. However, users are still waiting on the main cryptos to be released as KuCoin is working on their security of their platform to make sure it does not happen again. The hacker itself tried to dump his tokens over Binance... Good try lol https://news.bitcoin.com/kucoin-hack-17m-laundered-via-decentralized-exchanges-blockchain-analysis-firm-claims-this-can-still-be-traced/ (HOLY MOLY) https://news.bitcoin.com/kucoin-ceo-says-exchange-hack-suspects-found-204-million-recovered/ 2. Bitcoin outperforms Gold, Nasdaq, 10 year treasury and S&P 500. not surprising at all for us but still very interesting, Bitcoin is up 48% since the start of the year. It appears more people are becoming interested in cryptocurrency as Bitcoin continues to be the best performing asset not just in the past 10 years but of all time. On a more personal note, I was at a small gathering today (within covid restrictions) and I was just saying how i was really interested in cryptocurrency. For the first time ever everyone around me was really interested in what it was and how it worked also talked to a lot of my stock market friends and almost all have pulled out or thinking of pulling out. related: https://dailyhodl.com/2020/10/01/report-details-unprecedented-levels-of-wall-street-interest-in-bitcoin-and-cryptocurrency/ https://dailyhodl.com/2020/10/02/former-goldman-institutional-trader-says-large-investors-now-buying-bitcoin-and-gold-at-same-pace-heres-why/ 3. CBDC news - US federal reserve is actively working on the a digital dollar. From a previous post we know that the European Union is working on a Digital Euro and China is working on their own digital dollar. For me this is a bit of a worrying issue and seems like an upgrade for their own outdated systems completely removing the idea of decentralisation. In addition to this, I find it interesting that in Australia all cryptocurrency tax laws were written in late 2017/2018 and continues to be adapted. In Russia their are harsh penalties for unreported cryptocurrency holdings. In my controversial view I think the technology of blockchain can actually be used to recreate and rewrite a much better future through its innate abilities. we can avoid things like this: https://news.bitcoin.com/jpmorgan-fraud-billion-dollar-settlement/ 4. Highlights on cryptojacking - if you dont know what this is it is when a script or code runs on a computer to mine cryptocurrency using your computer resources. You can block these using other programs or scripts and being safe over the internet. 5. World economic forum names XRP as crypto asset most relevant in central bank digital currency space. Many partnerships in the space plus flare coming later. https://dailyhodl.com/2020/09/30/ripple-matchmaking-effort-discovered-featuring-170-financial-institutions-is-xrp-front-and-cente i definitely have a love hate relationship with XRP. 6. https://dailyhodl.com/2020/09/28/defi-movement-shatters-11000000000-in-total-crypto-assets-locked/ https://news.bitcoin.com/uniswap-captures-2-billion-locked-dex-volume-outpaces-second-largest-centralized-exchange/ 7. https://www.ey.com/en_au/blockchain/blockchain-platforms 8. https://dailyhodl.com/2020/09/29/twitter-ceo-jack-dorsey-says-bitcoin-and-blockchain-will-fuel-financial-freedom-and-transform-future-of-content-delivery/ 9. https://news.bitcoin.com/easily-spend-your-bitcoin-via-prepaid-debit-card-or-a-paypal-account-with-bitcoin-of-americas-easy-to-use-trading-platform/ 10. https://news.bitcoin.com/bitcoin-com-exchange-to-list-aspire-and-aspire-gas-as-newest-digital-asset-creation-platform-comes-to-market/ 11. https://news.bitcoin.com/onecoin-victims-petition-establishment-european-crypto-fraud-compensation-fund/ 12. https://news.bitcoin.com/atari-announces-ieo-collaboration-and-listing-of-the-atari-token-with-bitcoin-com-exchange/ Atari also partners with Cryptocurrency project ULTRA. Don't sleep on NFT projects, they may be a niche but they help with organisation, collectability and simplifies processes. 13. https://news.bitcoin.com/aurus-disrupts-the-gold-industry-today-its-ecosystem-lists-at-a-value-of-75m/ 14. https://dailyhodl.com/2020/10/01/irs-deploying-two-firms-to-track-crypto-transactions-in-million-dollar-deal/ 15. https://dailyhodl.com/2020/10/01/number-of-crypto-users-shatters-100000000-worldwide-cambridge-study/ https://news.bitcoin.com/bitcoin-posts-a-66-day-consecutive-streak-above-the-10k-price-range/ 16. https://news.bitcoin.com/cryptocurrency-exchange-diginex-trading-nasdaq/ 17. https://news.bitcoin.com/smart-contract-protocol-rsk-attempts-to-bring-defi-to-the-bitcoin-network/ 18. Bitmex news: https://news.bitcoin.com/bitmex-criminal-charges-prison/ well this happened. https://news.bitcoin.com/open-interest-on-bitmex-drops-16-investors-withdraw-37000-btc-in-less-than-24-hours/ https://dailyhodl.com/2020/10/02/bitmex-fires-back-after-us-accuses-crypto-exchange-of-failing-to-prevent-money-fraud/ https://dailyhodl.com/2020/10/03/440000000-in-bitcoin-exits-bitmex-as-crypto-traders-respond-to-cftc-allegations/ 19. Contract to break monero privacy: https://news.bitcoin.com/chainalysis-and-integra-win-1-25-million-irs-contract-to-break-monero/ 20. https://news.bitcoin.com/stacking-satoshis-leveraging-defi-applications-to-earn-more-bitcoin/ 21. https://dailyhodl.com/2020/10/02/bitcoin-whale-issues-big-warning-to-traders-heres-why-he-believes-group-of-crypto-assets-are-at-risk-from-regulators/ 22. https://news.bitcoin.com/venezuelas-state-run-defi-crypto-exchange-goes-live-after-maduros-anti-blockade-speech/ 23. https://news.bitcoin.com/crypto-exchange-coinbase-hands-over-customer-data-to-uk-tax-authority/ 24. https://news.bitcoin.com/jeff-booth-bitcoin-price-of-tomorrow/
25. https://news.bitcoin.com/eth-volumes-top-125-billion-in-q3-high-risk-dapps-dominate-tron-network/ 
Here is a small cross post for price movement: https://dailyhodl.com/2020/09/30/bitcoin-btc-tezos-xtz-cardano-ada-etoro-crypto-roundup/
Seems like everyone is bullish on bitcoin and leading crypto projects to make big gains over the next year, sooner rather than later. Bitcoin also holds above $10.5K with over 1Million wallets. Bitcoin interest is gaining throughout the world as many parts are hit by economic crisis.
Ethereum 2.0 roadmap updated, plans to exponentially increase scalability! VERY BULLISH. https://dailyhodl.com/2020/10/03/vitalik-buterin-updates-ethereum-2-0-roadmap-details-plans-to-exponentially-increase-scalability/
submitted by IOTAbesomewhere to Gravychain [link] [comments]

Why the virus is a scam and the 'riots' were planned

So as Tim has pointed out, there are some people not having a good time in America. Its a struggle out there, a real knife fight. It's life in the big city after all.
So our story begins with the subprime mortgage scheme back in the late 2000's. The big banks and money handlers never made it out alive, they just moved money around, printed cash til the floor was raised enough for institutional investors to step back in, but the gains are heavily muted, check out the last 20 years of stock gains compared to the previous 30, these fuckers are barely breaking even if you factor in inflation.
Ok fast forward to early 2018. The game is over, the last 10 year cycle is closing up and getting ready for a basic run of the mill down turn. a sideways move for a year or two, a heavy down move, some consolidation, and then back to the races; thats how it was supposed to go if you were a rube.
The boys inside though knew there werent any profits that could keep up with 20 times forward earnings, now its 25 and we call that a bargain, ha! Fucking animals.
So we get the major fast correction in January '18, but Big Daddy Trump is on a roll, hes getting tax cuts, and he might just keep the house and make it permanently 1986, and so the pump rolled on.
3 Quarters later its the tail end of 2018, and earnings didnt keep up, they fell, and its only gonna get worse since Trump isnt getting more tax cuts til 2020 at least. The workers have no money with buying power, over seas debt is defaulting in India and shit, the money lenders are getting slaughtered. The EU, i mean, dont get me started. And then China.
Big. Bad. China. Slim Dick Slingers Supreme we call em. These fuckers are gonna ditch the dollar for gold/bitcoin backed securities, and the EU sells gold by the boatload to print more Euros, who you think buys gold bars at a fire sale?
Fucking China.
So the markets know there isnt anywhere to go. The retail boom of the last 10 years is driven on cheap debt, for the consumer and the retailer. All those big box stores, those mega chains, they are gonna be dead in 20 years from Amazon and what not right?
In 5 years youll be clicking the instagram ad for a product, not shopping at Best Buy in Maspeth
So what to do. A looming debt crisis for the major lenders over seas to emerging market startups, looming crisis of demand for brick and mortar retail, and earnings that demand a drawn out 2-3 year bottoming event as the old is razed for the new.
The answer, the oldest trick in the book. Manage your entire business into an insurance payout, get all your bills paid by the Feds on property youre gonna be defaulting on anyway, then burn that fucker to the ground for literal insurance money!
All you need to do is convince people the depression is because we had to shut down because of Covid, and they wont notice we spent over 6 Trillion with a mother fucking T bailing out companies that will be bankrupt in 5 fucking years max.
All you have to do is convince them 5% of protesters are rioters. 1%. 5 guys with a pickup truck. Anything thats believable that the riots, covered explicitly under insurance for major retail box stores getting looted.
Hell, make them really get looted. Get a guy to smash the windows and rally the hoods who arent having a good time in this America. Id sure as shit steal a new iphone i wont ever be able to afford anyway.
And they get Federal bailout, stock loss insurance covers looting, insurance covers the payout on the take it or leave 'fuck you im walking' moment thats coming with commercial real estate.
Welcome to Obama's America everyone.
Welcome to the Big City.
submitted by Quantumdrive95 to TimDillon [link] [comments]

Internet del Dinero - ¿Qué es Bitcoin?

Al escuchar Bitcoin, lo primero que se viene a la mente es dinero digital. Sin embargo, esa solo es su aplicación más usada. Bitcoin es una moneda, un activo, es una red internacional de pagos e intercambios completamente descentralizada. Eso quiere decir que no está sustentada en ningún banco ni por ningún gobierno.
Puede parecer una moneda como cualquier otra, pero observando más a fondo estamos ante una de las invenciones más revolucionarias que marcan la evolución de las ciencias de la computación.
Bitcoin es dinero al igual que el euro o el dólar. La diferencia está en que al no pertenecer a ningún gobierno puede enviarse desde cualquier lugar del mundo a cualquier otro de manera instantánea, con seguridad y por una mínima comisión o incluso gratis.
Bitcoin fue inventada en 2008 por Satoshi Nakamoto, al encontrar una manera de implementar una red descentralizada capaz de resolver el Problema de los Generales Bizantinos, descrito en el año 1982 y que no tenía solución.
Esto es lo que puede confundir a muchos y este es uno de los motivos de elaborar este ensayo, ya que Bitcoin no es una compañía. Tampoco es una organización. Es un protocolo cuyo funcionamiento se basa en simple reglas matemáticas que todo aquel que participa acepta cumplir. Este mecanismo permite que una red de computadoras descentralizadas acuerde que transacciones han tenido lugar, acordando quien tiene el dinero en cada momento.
Enviar fondos de una dirección Bitcoin a otra es similar a enviar un email. Donde no hay nadie entre el emisor y el receptor y periódicamente la red acuerda que transacciones se han realizado, sin una autoridad que medie.
Esta red es mucho más importante que la moneda en si ya que puede aplicarse en la resolución de muchos problemas como: votación justa, propiedad de acciones, registro de activos, notarización, entre otras.
Más de mil millones de personas cuentan con acceso al crédito y capacidades financieras internacionales, y seis mil millones y medio no tienen acceso y parte de ello son las comisiones que las empresas cargan por mover el dinero, optando muchos por el contrabando o mercado negro. Las criptomonedas permiten mover dinero sin comisiones o costos mínimos, siendo por mucho el medio más accesible.
El uso del bitcoin, desafortunadamente puede ser usado para bien o para mal, ya que mantiene la neutralidad permitiendo transacciones anónimas. Esto es mal visto por los detractores del bitcoin ya que termina favoreciendo a los criminales. Sin embargo el internet y el dinero nunca han estado libre de ellos, con piratas informáticos, paraísos fiscales, hackers, entre otros.
La mayor parte del planeta vive bajo regímenes represivos y corruptos donde los bancos cobran lo que quieren, induciendo hiperinflaciones y tratando de quebrar a los gobiernos. Esto puede verse en la crisis de Europa de principios de esta década, donde los bancos tenían una gran deuda y proponían que los distintos gobiernos de la unión europea la saneara. Todos los países que optaron por esta salida terminaron sumidos en crisis, quebrando países enteros como el caso de Grecia. Solo los países que terminaron encarcelando a los banqueros, como el caso de Islandia, lograron recuperarse rápidamente.
Es aquí donde el Bitcoin y el resto de criptomonedas propone una solución, con la única moneda internacional, sin terceras partes que tengan control, instantánea, libre y que ha demostrado con los años que ha llegado para quedarse.
submitted by Moii17 to u/Moii17 [link] [comments]

The Truth about Bitcoin?

Part 1/4 - NSA Connection:
First off, the SHA-256 algorithm, which stands for Secure Hash Algorithm 256, is a member of the SHA-2 cryptographic hash functions designed by the NSA and first published in 2001.
SHA-256, like other hash functions, takes any input and produces an output (often called a hash) of fixed length. The output of a hashing algorithm such as SHA-256 will always be the same length - regardless of the input size. Specifically, the output is, as the name suggests, 256 bits.
Moreover, all outputs appear completely random and offer no information about the input that created it.
The Bitcoin Network utilises the SHA-256 algorithm for mining and the creation of new addresses.
Who is Satoshi Nakamoto? What does Satoshi Nakamoto mean?
Out of respect for their anonymity, it would be rude to speculate in a video about who Satoshi Nakamoto is likely to be. The reality is, it's not important. Let me explain: Any human being can be attacked. Jesus could come back from the dead, and there would be haters. Therefore, the Satoshi Nakamoto approach neutralises the natural human herd behaviour, exacerbated by the media, to attack and discredit. This is a very important part of Bitcoin's success thus far. Also, from a security perspective, those who wish to dox Satoshi Nakamoto in a video are essentially putting his, or her, or their, life at risk...for the sake of views.
As a genius who has produced an innovation not just from a technical perspective but also a monetary perspective, they should be treated with more respect than that.
As for the name Satoshi Nakamoto, I would speculate that it is a homage to Tatsuaki Okamoto and Satoshi Obana - two cryptographers from Japan. There is another reason for the name, but that...is confidential.
In 1996, the NSA's Cryptology Division of their Office of Information Security Research and Technology published a paper titled: "How to make a mint: The cryptography of anonymous electronic cash", first publishing it in an MIT mailing list and later, in 1997, in the American University Law Review. One of the researchers they referenced was Tatsuaki Okamoto.

Part 2/4 - 'Crypto Market':
Most of the crypto market is a scam.
By the way, this was predicted very early on in the Bitcoin Talk forums - check out this interaction from November 8th, 2010:
"if bitcoin really takes off I can see lots of get-rich-quick imitators coming on the scene: gitcoin, nitcoin, witcoin, titcoin, shitcoin...
Of course the cheap imitators will disappear as quickly as those 1990s "internet currencies", but lots of people will get burned along the way."
To which Bitcoin OG Gavin Andresen replies:
"I agree - we're in the Wild West days of open-source currency. I expect people will get burned by scams, imitators, ponzi schemes and price bubbles."
"I don't think there's a whole lot that can be done about scammers, imitators and ponzi schemes besides warning people to be careful with their money (whether dollars, euros or bitcoins)."
Now, on the one hand, lack of regulation is more meritocratic (as you don't have to be an accredited investor just to get access).
On the other hand, it means that crypto is, as Gavin said, a Wild West environment, with many cowboys in the Desert. Be careful.
This is the same with most online courses - particularly 'How to get rich quick' courses - however with crypto you have an exponential increase in the supply of victims during the bull cycles so it is particularly prevalent during those times.
In addition to this, leverage trading exchanges, which are no different to casinos, prey on naive retail traders who:
A) Think they can outsmart professional traders with actual risk management skills; and
B) Think they can outsmart the exchanges themselves who have an informational advantage as well as an incentive to chase stop losses and liquidate positions.

Part 3/4 - CBDCs:
The Fed and Central Banks around the world have printed themselves into a corner.
Quantitative easing was the band-aid for the Great Financial Crisis in 2008, and more recent events have propelled the rate of money printing to absurd levels.
This means that all currencies are in a race to zero - and it becomes a game of who can print more fiat faster.
The powers that be know that this fiat frenzy is unsustainable, and that more and more people are becoming aware that it is a debt based system, based on nothing.
The monetary system devised by bankers, for bankers, in 1913 on Jekyll Island and supercharged in 1971 is fairly archaic and also does not allow for meritocratic value transfer - fiat printing itself increases inequality.
They, obviously, know this (as it is by design).
The issue (for them) is that more and more people are starting to become aware of this.
Moving to a modernised monetary system will allow those who have rigged the rules of the game for the last Century to get away scot-free.
It will also pave the way for a new wealthy, and more tech literate, elite to emerge - again predicted in the Bitcoin Talk forums.
Now...back to the powers that be.
Bitcoin provides a natural transition to Central Bank Digital Currencies (CBDCs) and what I would describe as Finance 2.0, but what are the benefits of CBDCs for the state?
More control, easier tax collection, more flexibility in monetary policy (i.e. negative interest rates) and generally a more efficient monetary system.
This leads us to the kicker: which is the war on cash. The cashless society was a fantasy just a few years ago, however now it doesn't seem so far fetched. No comment.

Part 4/4 - Bitcoin:
What about Bitcoin?
Well, Bitcoin has incredibly strong network effects; it is the most powerful computer network in the World.
But what about Bitcoin's reputation?
Bankers hate it.
Warren Buffett hates it.
Precisely, and the public hates bankers.
Sure, the investing public respects Buffett, but the general public perception of anyone worth $73 billion is not exactly at all time highs right now amid record wealth inequality.
In the grand scheme of things, the market cap of Bitcoin is currently around $179 billion.
For example, the market cap of Gold is around $9 trillion, which is 50x the Market Cap of Bitcoin.
Money has certain characteristics.
In my opinion, what makes Bitcoin unique is the fact that it has a finite total supply (21 million) and a predictable supply schedule via the halving events every 4 years, which cut in half the rate at which new Bitcoin is released into circulation.
Clearly, with these properties, it seems likely that Bitcoin could act as a meaningful hedge against inflation.
One of the key strengths of Bitcoin is the fact that the Network is decentralised...
Many people don't know that PayPal originally wanted to create a global currency similar to crypto.
Overall, a speculative thesis would be the following:
Satoshi Nakamoto is one of the most important entities of the 21st Century, and will accelerate the next transition of the human race.
Trusted third parties are security holes.
Bitcoin is the catalyst for Finance 2.0, whereby value transfer is conducted in a more meritocratic and decentralised fashion.
In 1964, Russian astrophysicist Nikolai Kardashev designed the Kardashev Scale.
At the time, he was looking for signs of extraterrestrial life within cosmic signals.
The Scale has three categories, which are based on the amount of usable energy a civilisation has at its disposal, and the degree of space colonisation.
Generally, a Type 1 Civilisation has achieved mastery of its home planet (10^16W);
A Type 2 Civilisation has mastery over its solar system (10^26W);
and a Type 3 Civilisation has mastery over its Galaxy (10^36W).
We humans are a Type 0 Civilisation on this Scale.
Nonetheless, our exponential technological growth in the few decades indicates that we are somewhere between Type 0 and Type 1.
In fact, according to Carl Sagan's interpolated Kardashev Scale and recent global energy consumption, we are about 0.73.
Physicist Freeman Dyson estimated that within 200 years or so, we should attain Type 1 status.
As a technology that, through its decentralisation, links entities globally and makes value transfer between humans more efficient, Bitcoin could prove a key piece of our progression as a civilisation.
What are your thoughts?
Is it true...or false?
https://www.youtube.com/watch?v=1oQLOqpP1ZM
submitted by financeoptimum to conspiracy [link] [comments]

Pandemic and inflation: will cryptocurrencies help?

Pandemic and inflation: will cryptocurrencies help?
Hello! 👋🏻 In this post, we will tell you how cryptocurrencies helped in the pandemic.
📌 Many people perceived cryptocurrency and cryptocurrency investors as people doing bullshit. Surprisingly, it was crypto investors who suffered the least from the crisis, and in many ways even won.
🦠 Due to the COVID-19 pandemic, many states were forced to quarantine their populations. This reduced the amount of production in the countries, which inevitably led to inflation of the local currency.
💵 Even stable currencies such as the US dollar, euro, yen and Swiss franc were subject to high inflation.
📉 In addition, the stock market fell as well.
🔥 Cryptocurrencies are free of these disadvantages. Not a single coin has been affected by inflation, since inflation is technically impossible.
📈 The stock charts showed rapid growth only a few weeks later. For example, Bitcoin has almost doubled, followed by other coins.
💡 There is no better investment now than investing in cryptocurrencies. PYRK is an excellent option due to its benefits, namely:
🔹 Possibility of instant transactions anywhere in the world
🔹 High degree of anonymity
🔹 Ability to generate passive profit thanks to masternodes
✅ Investing in PYRK is not only an excellent investment, but also an opportunity to insure yourself against the second wave of the pandemic and subsequent inflation.
Buy a coin from PYRK now: http://pyrk.org/
https://preview.redd.it/wzziss0izsk51.png?width=1200&format=png&auto=webp&s=35ed8c7c8140c6e86636172cdaf88f1da0225c1e
submitted by VS_community to pyrk [link] [comments]

The Truth about Bitcoin?

Part 1/4 - NSA Connection:
First off, the SHA-256 algorithm, which stands for Secure Hash Algorithm 256, is a member of the SHA-2 cryptographic hash functions designed by the NSA and first published in 2001.
SHA-256, like other hash functions, takes any input and produces an output (often called a hash) of fixed length. The output of a hashing algorithm such as SHA-256 will always be the same length - regardless of the input size. Specifically, the output is, as the name suggests, 256 bits.
Moreover, all outputs appear completely random and offer no information about the input that created it.
The Bitcoin Network utilises the SHA-256 algorithm for mining and the creation of new addresses.
Who is Satoshi Nakamoto? What does Satoshi Nakamoto mean?
Out of respect for their anonymity, it would be rude to speculate in a video about who Satoshi Nakamoto is likely to be. The reality is, it's not important. Let me explain: Any human being can be attacked. Jesus could come back from the dead, and there would be haters. Therefore, the Satoshi Nakamoto approach neutralises the natural human herd behaviour, exacerbated by the media, to attack and discredit. This is a very important part of Bitcoin's success thus far. Also, from a security perspective, those who wish to dox Satoshi Nakamoto in a video are essentially putting his, or her, or their, life at risk...for the sake of views.
As a genius who has produced an innovation not just from a technical perspective but also a monetary perspective, they should be treated with more respect than that.
As for the name Satoshi Nakamoto, I would speculate that it is a homage to Tatsuaki Okamoto and Satoshi Obana - two cryptographers from Japan. There is another reason for the name, but that...is confidential.
In 1996, the NSA's Cryptology Division of their Office of Information Security Research and Technology published a paper titled: "How to make a mint: The cryptography of anonymous electronic cash", first publishing it in an MIT mailing list and later, in 1997, in the American University Law Review. One of the researchers they referenced was Tatsuaki Okamoto.

Part 2/4 - 'Crypto Market':
Most of the crypto market is a scam.
By the way, this was predicted very early on in the Bitcoin Talk forums - check out this interaction from November 8th, 2010:
"if bitcoin really takes off I can see lots of get-rich-quick imitators coming on the scene: gitcoin, nitcoin, witcoin, titcoin, shitcoin...
Of course the cheap imitators will disappear as quickly as those 1990s "internet currencies", but lots of people will get burned along the way."
To which Bitcoin OG Gavin Andresen replies:
"I agree - we're in the Wild West days of open-source currency. I expect people will get burned by scams, imitators, ponzi schemes and price bubbles."
"I don't think there's a whole lot that can be done about scammers, imitators and ponzi schemes besides warning people to be careful with their money (whether dollars, euros or bitcoins)."
Now, on the one hand, lack of regulation is more meritocratic (as you don't have to be an accredited investor just to get access).
On the other hand, it means that crypto is, as Gavin said, a Wild West environment, with many cowboys in the Desert. Be careful.
This is the same with most online courses - particularly 'How to get rich quick' courses - however with crypto you have an exponential increase in the supply of victims during the bull cycles so it is particularly prevalent during those times.
In addition to this, leverage trading exchanges, which are no different to casinos, prey on naive retail traders who:
A) Think they can outsmart professional traders with actual risk management skills; and
B) Think they can outsmart the exchanges themselves who have an informational advantage as well as an incentive to chase stop losses and liquidate positions.

Part 3/4 - CBDCs:
The Fed and Central Banks around the world have printed themselves into a corner.
Quantitative easing was the band-aid for the Great Financial Crisis in 2008, and more recent events have propelled the rate of money printing to absurd levels.
This means that all currencies are in a race to zero - and it becomes a game of who can print more fiat faster.
The powers that be know that this fiat frenzy is unsustainable, and that more and more people are becoming aware that it is a debt based system, based on nothing.
The monetary system devised by bankers, for bankers, in 1913 on Jekyll Island and supercharged in 1971 is fairly archaic and also does not allow for meritocratic value transfer - fiat printing itself increases inequality.
They, obviously, know this (as it is by design).
The issue (for them) is that more and more people are starting to become aware of this.
Moving to a modernised monetary system will allow those who have rigged the rules of the game for the last Century to get away scot-free.
It will also pave the way for a new wealthy, and more tech literate, elite to emerge - again predicted in the Bitcoin Talk forums.
Now...back to the powers that be.
Bitcoin provides a natural transition to Central Bank Digital Currencies (CBDCs) and what I would describe as Finance 2.0, but what are the benefits of CBDCs for the state?
More control, easier tax collection, more flexibility in monetary policy (i.e. negative interest rates) and generally a more efficient monetary system.
This leads us to the kicker: which is the war on cash. The cashless society was a fantasy just a few years ago, however now it doesn't seem so far fetched. No comment.

Part 4/4 - Bitcoin:
What about Bitcoin?
Well, Bitcoin has incredibly strong network effects; it is the most powerful computer network in the World.
But what about Bitcoin's reputation?
Bankers hate it.
Warren Buffett hates it.
Precisely, and the public hates bankers.
Sure, the investing public respects Buffett, but the general public perception of anyone worth $73 billion is not exactly at all time highs right now amid record wealth inequality.
In the grand scheme of things, the market cap of Bitcoin is currently around $179 billion.
For example, the market cap of Gold is around $9 trillion, which is 50x the Market Cap of Bitcoin.
Money has certain characteristics.
In my opinion, what makes Bitcoin unique is the fact that it has a finite total supply (21 million) and a predictable supply schedule via the halving events every 4 years, which cut in half the rate at which new Bitcoin is released into circulation.
Clearly, with these properties, it seems likely that Bitcoin could act as a meaningful hedge against inflation.
One of the key strengths of Bitcoin is the fact that the Network is decentralised...
Many people don't know that PayPal originally wanted to create a global currency similar to crypto.
Overall, a speculative thesis would be the following:
Satoshi Nakamoto is one of the most important entities of the 21st Century, and will accelerate the next transition of the human race.
Trusted third parties are security holes.
Bitcoin is the catalyst for Finance 2.0, whereby value transfer is conducted in a more meritocratic and decentralised fashion.
In 1964, Russian astrophysicist Nikolai Kardashev designed the Kardashev Scale.
At the time, he was looking for signs of extraterrestrial life within cosmic signals.
The Scale has three categories, which are based on the amount of usable energy a civilisation has at its disposal, and the degree of space colonisation.
Generally, a Type 1 Civilisation has achieved mastery of its home planet (10^16W);
A Type 2 Civilisation has mastery over its solar system (10^26W);
and a Type 3 Civilisation has mastery over its Galaxy (10^36W).
We humans are a Type 0 Civilisation on this Scale.
Nonetheless, our exponential technological growth in the few decades indicates that we are somewhere between Type 0 and Type 1.
In fact, according to Carl Sagan's interpolated Kardashev Scale and recent global energy consumption, we are about 0.73.
Physicist Freeman Dyson estimated that within 200 years or so, we should attain Type 1 status.
As a technology that, through its decentralisation, links entities globally and makes value transfer between humans more efficient, Bitcoin could prove a key piece of our progression as a civilisation.
What are your thoughts?
Is it true...or false?
https://www.youtube.com/watch?v=1oQLOqpP1ZM
submitted by financeoptimum to CryptoCurrency [link] [comments]

Bitcoin CRISIS: CICLO BAJISTA! Engaño a todos... Que esperar? Aún no termina. Bitcoin Crash. Crisis is Coming. Coronavirus (COVID-19) Bitcoin: Tendencia en un hilo? Crisis mundial ataca hasta a BTC Bitcoin sigue al ORO en la CRISIS Análisis de Indicadores BITCOIN ABOUT TO EXPLODE w. FINANCIAL CRISIS Happening EXACTLY HERE!!!

Greece joined the European Union in 1981 and adopted the euro in 2001; however, it has remained one of the societies in Europe. When the global financial crisis plunged countries into recession in 2008, Greece suffered heavily. It racked up huge debts and spent the next several years being bailed out by the European Central Bank, along with other countries similarly affected. Greece’s ... Laut Travis Kling – CIO von Ikigai Asset Management und ehemaliger Portfoliomanager von Point72 – hätte die Auflösung der EU, wie wir sie kennen, eine unmittelbare katastrophale Auswirkung auf Bitcoin. “Wenn der Euro so aussieht, als würde er zusammenbrechen, dann ist das wahrscheinlich ein BTC-Crash (globaler massiver Risikoausgleich ... Bitcoin Beats Euro As Brewing Italian Crisis Delivers 6% Monthly Losses. Wilma Woo May 29, 2018 14:30 . Share. Tweet. Send. Share . The euro has declined more against the dollar than Bitcoin since April as Italian political turmoil riles markets. Euro Faces Repeat Politics. Data uploaded to social media by eToro analyst Mati Greenspan shows that despite its downturn in May, Bitcoin is ... With the Bitcoin through the debt crisis – Increasing Euro rate for Bitcoins. Veröffentlicht am 20. Juni 2013 von Jonathan Harkort // 0 Kommentare. Spain and Greece are two countries that play an important and also dramatic role in the current debt crisis. So many people in the troubled nations are trying to get their savings to safety, which is an ongoing subject in more and more media ... In the midst of the euro crisis, particularly daring investors are putting their faith in the Internet currency bitcoin. A boom in the virtual coins has made some into millionaires. But central ...

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Bitcoin CRISIS: CICLO BAJISTA! Engaño a todos... Que esperar? Aún no termina.

Bitcoin como funciona, Bitcoin Trader en Español, Bitcoin Trader opiniones, Bitcoin Gratis 2019, Bitcoin Evolution, Bitcoin Profit, cambio bitcoin euro. Prevision de precio de bitcoin y ... In this video, we will look at the sequence of events that preceded the bitcoin price drop. We will then look into the argument that the BTC market found its... 🔴 Why The Next Financial Crisis Will Be Bigger Than 2008 (w/ Jim Rickards) - Duration: 35 ... BITCOIN IS SCREAMING BEARISH WITH DEATH CROSS & DOUBLE TOP BUT IS THE OPPOSITE ABOUT TO HAPPEN ... Bitcoin como funciona, Bitcoin Trader en Español, Bitcoin Trader opiniones, Bitcoin Gratis 2019, Bitcoin Evolution, Bitcoin Profit, cambio bitcoin euro. Prevision de precio de bitcoin y ... Por qué el precio de bitcoin aún no esta sobrevaluado, y el por que se confabula máximos en 2021/22. 🔥Aplicación de Trading que usamos: https://quantfury.com...

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