Search content
Sort by
Showing 20 of 50 results by cryptocamacho
Re: 🔥🔥[BOUNTY]🔥🔥 ASURA COIN 🔥 $500K REWARDS ✅ NEO ICO ✅ 10 WEEK CAMPAIGN
Here are my submissions:
Youtube: https://youtu.be/qb5K_NH_DBY
Steemit: https://steemit.com/cryptocurrency/@dscenterprises/will-asura-coin-transform-esports-on-the-blockchain
Blog Post: https://www.cryptocamacho.com/will-asura-coin-transform-esports-on-the-blockchain/
Yours.org: https://www.yours.org/content/will-asura-coin-transform-esports-on-the-blockchain-df0a85ac097b
Podcast: https://media.blubrry.com/cryptocamacho/p/content.blubrry.com/cryptocamacho/Will_Asura_Coin_Transform_Esports_On_The_Blockchain.mp3
Bitcoin talk: Cryptocamacho
Telegram: cryptocamacho
Youtube: https://youtu.be/qb5K_NH_DBY
Steemit: https://steemit.com/cryptocurrency/@dscenterprises/will-asura-coin-transform-esports-on-the-blockchain
Blog Post: https://www.cryptocamacho.com/will-asura-coin-transform-esports-on-the-blockchain/
Yours.org: https://www.yours.org/content/will-asura-coin-transform-esports-on-the-blockchain-df0a85ac097b
Podcast: https://media.blubrry.com/cryptocamacho/p/content.blubrry.com/cryptocamacho/Will_Asura_Coin_Transform_Esports_On_The_Blockchain.mp3
Bitcoin talk: Cryptocamacho
Telegram: cryptocamacho
Re: 🎮🎮🤑🤑 [BOUNTY] RAWG: PLAY ANY GAME AND EARN CRYPTO 🤑🤑🎮🎮
Here are my creations for RAWG:
Youtube Video Review: https://youtu.be/4GPFAI9dd04
Blog Post: https://www.cryptocamacho.com/this-is-incredible-video-games-will-never-be-the-same-how-rawg-is-will-change-gaming-forever/
Podcast: https://media.blubrry.com/cryptocamacho/p/content.blubrry.com/cryptocamacho/This_is_Incredible_Video_Games_Will_NEVER_Be_the_Same-How_RAWG_is_Will_Change_Gaming_Forever.mp3
Tweet: https://twitter.com/cryptocamacho/status/1000122123921207296
ETH address: 0x1Fa1a561226d5333119102EC262350627df1a481
Youtube Video Review: https://youtu.be/4GPFAI9dd04
Blog Post: https://www.cryptocamacho.com/this-is-incredible-video-games-will-never-be-the-same-how-rawg-is-will-change-gaming-forever/
Podcast: https://media.blubrry.com/cryptocamacho/p/content.blubrry.com/cryptocamacho/This_is_Incredible_Video_Games_Will_NEVER_Be_the_Same-How_RAWG_is_Will_Change_Gaming_Forever.mp3
Tweet: https://twitter.com/cryptocamacho/status/1000122123921207296
ETH address: 0x1Fa1a561226d5333119102EC262350627df1a481
Are Bitcoin and Bitcoin Cash two sides of the same coin?
no!Quote
Some folks have accused the two cryptos of being part of the same incestuous family of elites - supporting different narratives for the purpose of a common or single goal.
there are a lot of weird theories out there and mostly they exist to undermine bitcoin and bring it down to their own centralized level. i do believe that you are wrong about bitcoin and if some day i find out that i was wrong i will sell my bitcoins and move on because i am involved in bitcoin only as long as it has certain attributes and most important one is the decentralization which is why i stay away from certain altcoins such as bitcoin-cash.
The things is BrewMaster.... Bitcoin Cash IS what you are claiming to want. I'm not a bitcoin cash loyalist by any means, but also not a Bitcoin core loyalist either. I really feel like Bitcoin core has gone the route of centralization and is slowly being incorporated by Blockstream. Also, the BTC coin is utterly unusable, which is why I stopped using it. Isn't crypto supposed to be used? At least that's what I thought when I first got into crypto. I bought my first bitcoin to make a transaction on the internet... and started USING it more and more like money. Then about the time of the hard fork for BTC/BCH, the fees and times to transfer/purchase using BTC become to difficult to handle. The fees were out of control.... the time to transfer 1 BTC to another wallet would last over a day sometimes. I decided that it wasn't worth it to use BTC anymore... as many others did.
Now, I use BCH to make transactions. The last transaction I made was yesterday from one wallet to another. You know how long it took? It took less than 5 seconds to complete the transfer. It was unbelievable. I was extremely impressed and have not looked back since. Once you actually USE bitcoin cash, you will VERY VERY quickly see why and how it is superior to BTC.
Now, combining BCH with Openbazaar, themoneybutton, decentralized exchanges, atomic swaps and decentralized internet.... now this is something that WILL completely change the world. It will change society. It will disrupt society. It will eradicate central banking, governments (in their current forms), and the monetary system as a whole.
If you do not see this and how this will happen, you need to wake up. I may make a step by step playbook on how this may play out. Lot of paths it can take, but it is undeniable that it will completely change society.
Those who use 'new' system I describe above will not only enable, but will empower everyday people like you and I to simply opt-out of the current system and status quo. Think about that for a moment....
...keep thinking.
If you have come to the same conclusion I have, congratulations. The world is about to change in a very very big and measurable way.
Are Bitcoin and Bitcoin Cash two sides of the same coin? Some folks have accused the two cryptos of being part of the same incestuous family of elites - supporting different narratives for the purpose of a common or single goal.
Is it possible that BTC is Kim and BCH is Khloe, both working to steer the sheep to use a new shiny cryptocurrency (that they ultimately control)?
If that is the case... what Kardashian would Roger Ver be?
Is it possible that BTC is Kim and BCH is Khloe, both working to steer the sheep to use a new shiny cryptocurrency (that they ultimately control)?
If that is the case... what Kardashian would Roger Ver be?
ohm jes and no
bitcoin and bitcoin cash, come from the same core and they are indeed pseudodecentral.
the world "decentral" that is used for marketing is just a marketing slogan, decentral currencies arent really possible.
they mean only "not central of the national/state banking cartel"
people over time will realise this.
regards
Please do elaborate.... I can see this in some ways. Even websites will somewhat act as a central point of control.... e.g. you build a cryptocurrency but they only way the public can use/redeem it is through the website you create and control. So a decentralized crypto becomes central b/c the only way it has utility is via a controlled website.
like this?
OP, the followers of Bitcoin Cash can say anything they want, but be careful with their subjective opinions. Some of them are designed to confuse, manipulate and to take you away from the facts.
At any rate, all I know is the word "Bitcoin" refers to what "they" call "Bitcoin Core" for most people except for Roger Ver and his followers.
If Roger Ver started a Bitcoin giveaway, be careful. It might not be really Bitcoin. Hahaha.
At any rate, all I know is the word "Bitcoin" refers to what "they" call "Bitcoin Core" for most people except for Roger Ver and his followers.
If Roger Ver started a Bitcoin giveaway, be careful. It might not be really Bitcoin. Hahaha.
you continue to think everyone that detests cores centralism must love ver...
I did not say anything close to that. I said every newbie should be careful listening to people saying "Bitcoin Cash is Bitcoin" or "Bitcoin development is centralized". Both statements are wrong and a lie.
Plus why? You support Roger Ver. I have never heard any statement from you that detests his fraudulent tendencies.
The Bitcoin Cash community should give itself a favor and throw Roger Ver out.
Quote
The Kardasiancoin Conspiracy.
That deserves its own topic. Make one, I will be there.
There are actually many forms of Bitcoin... and actually both BTC and BCH are in fact bitcoin. When you hard fork, the code effectively splits from its code base into two separate code bases... the two being the same. From that point forward (from the hard fork), the code bases can be modified and developed on. So really they are (or were) both bitcoin.
Why do people have such a hard time understanding this? When you copy code, you end up with an exact copy of the same code.... it's called duplicating or copying. In the open source community it's actually a thing... to copy code and modify it.
So not that we understand what it means to copy code, how can we say BTC and/or BCH are not bitcoin? They both are and in fact if I wanted to, I can go to the BTC (or BCH) code base and copy it to create my own cryptocurrency. The code would be the same and I can say it is Bitcoin.... b/c in reality it is ALSO bitcoin like BTC.
The crazy thing about crypto and why this is just getting warmed up, is that anyone can copy or clone any Bitcoin code and develop on it. Miners may centralize to be most efficient at mining crypto, but the crypto with the most utility will win... hands down - for the pure, simple fact that the code can be easily copied and reused and updated.
It annoys the $hiz out of me that folks have such a hard time with people cloning the BTC code and updating it... that is the nature of open source code.
Doesn't seem that complicated that if you make something open and free... then others will take that offer and do what they will with it. Why again is this bad? Wasn't the original bitcoin system setup to enable this on purpose?
Are Bitcoin and Bitcoin Cash two sides of the same coin? Some folks have accused the two cryptos of being part of the same incestuous family of elites - supporting different narratives for the purpose of a common or single goal.
Is it possible that BTC is Kim and BCH is Khloe, both working to steer the sheep to use a new shiny cryptocurrency (that they ultimately control)?
If that is the case... what Kardashian would Roger Ver be?
Is it possible that BTC is Kim and BCH is Khloe, both working to steer the sheep to use a new shiny cryptocurrency (that they ultimately control)?
If that is the case... what Kardashian would Roger Ver be?
All I'm sayin is this:
Whenever you find yourself on the side of the majority, it is time to pause and reflect. - Mark Twain
WAAAAAAYYYY too many people are simply sitting idle on this topic and I guarantee that there is much more to the story than that Roger (already a multi multi millionaire mind you) is simply trying to pump a coin for profit. It simply does not make logical sense when you stop to think about it.
Put the pieces together folks... it's fairly clear what is going on if you just ditch the bitcoin religion.
Can we at least talk in facts and stop with the name calling and baseless comments?
I feel like I'm on a reality show watching sheep follow each other... 'roger baaaadddd, bitcoin core gooooood'. Maybe more like 'bcash is a shit coin, ooooohhh and Jihan is baaaaddd'.
So funny.
Perhaps it's just one big kardashian cluster F... which may be possible, but unlikely. There is WAY too much at stake.
Whenever you find yourself on the side of the majority, it is time to pause and reflect. - Mark Twain
WAAAAAAYYYY too many people are simply sitting idle on this topic and I guarantee that there is much more to the story than that Roger (already a multi multi millionaire mind you) is simply trying to pump a coin for profit. It simply does not make logical sense when you stop to think about it.
Put the pieces together folks... it's fairly clear what is going on if you just ditch the bitcoin religion.
Can we at least talk in facts and stop with the name calling and baseless comments?
I feel like I'm on a reality show watching sheep follow each other... 'roger baaaadddd, bitcoin core gooooood'. Maybe more like 'bcash is a shit coin, ooooohhh and Jihan is baaaaddd'.
So funny.
Perhaps it's just one big kardashian cluster F... which may be possible, but unlikely. There is WAY too much at stake.
Re: Pay Attention to THIS - Timing is of the Essence - BTC wil...
Oh please, stop this BS. Lighting is actually similar to how internet work nowadays. Lighthing is not centralzied. Actualy you have many altcoins out there that have higher functionality and better than Bitcoin Cash in my opinion. I really do believe that your post here has itent to make some people mad as of first things first you are calling bitcoin -"bitcoin core". When did bitcoin changed its name? Never bitcoin cash is a fork and that is what it is. A fork that is tryting to by their belief to make better version of bitcoin, with stealing the community of bitcoin they grabed nice amount of attention with people on top such as Rodger Ver himself.
I thing that we had a lot of posts regarding BTC and BCH honestly.
I do not believe that what buffet is doing is an actual propaganda. He has his points of view of course he is wrong sometimes as well, you know? He is an human being. His experties is investing into real bussniess and not into some virtual asset. So the guy is simply doing things he is best at and he knows he is doing well. Big guys like risk, but they don't like high risk investments.
I thing that we had a lot of posts regarding BTC and BCH honestly.
I do not believe that what buffet is doing is an actual propaganda. He has his points of view of course he is wrong sometimes as well, you know? He is an human being. His experties is investing into real bussniess and not into some virtual asset. So the guy is simply doing things he is best at and he knows he is doing well. Big guys like risk, but they don't like high risk investments.
Good analogy. If Lightning network is like the internet...then Amen, I rest my case. Can the internet be censored? Can the internet be blocked? Can it be throttled? Net neutrality is a thing too and well governments and banks can actually control the internet today. ISPs can block or throttle internet anytime and does in many countries.
So wait, why do you want Bitcoin and cryptocurrency again?
Do you think that it's about time to start paying attention to Bitcoin Cash?
Below is the opinion of only one man - me.
This is how I see the 'war' going on between Bitcoin Core and Bitcoin Cash - and very open to hearing opposition to this viewpoint. However, please if you comment, do not just say things like 'bitcoin cash is garbage' or 'bcash is made by scammers', or 'i hate roger ver', etc. I think that we are WAY beyond that at this point and that serious facts need to be brought to the table. There is a lot at stake here.
Do you agree with this?
-Bitcoin Core (BTC) = Banking interests, corporate centralization, government sanctioned, etc. - ie. Lightning network layer, centralized blockstream corporation, etc.
-Bitcoin Cash (BCH) = Peer-to-peer cash transactions, no central authority, no corporate or banking interests, government feared - disparate players like john mcaffee, jihan wu, craig wright, Roger ver, etc.
Now... let's assume hypothetically for a moment that the banking and government systems are legitimately scared of Bitcoin and cryptocurrency in general because of how it threatens the existing power structure. Just try to imagine this is actually the real case scenario for just a moment.
That said and if it is a reality... what do you think the banking/gov power structure would do to kill and/or prevent something like an independent, p2p electronic cash system (Bitcoin Cash) from emerging? What lengths would they go to to stop it? How would they stop it?
Would they do it bluntly and directly (e.g. like a ban) or would they do it more subtly and methodically (e.g. like hijacking the movement, taking control of its development team, and incentivizing them to setup a 2nd layer on top of bitcoin that can be controlled...).
I personally think the government/banks would FIRST use the media to try to discourage others from investing (e.g. remember Jamie Dimon from Chase calling bitcoin a fraud? Remember Bill Gates and Warren Buffet coming out against bitcoin? - these people have influence). It's called propaganda. When that failed, they would then infiltrate the movement and dev teams to hijack and prevent the possibility of an independent currency from emerging (sound like blockstream? Look at the actors in the Blockstream corporation. Look at their background and ties. Follow the money). They would force out all opposition to the direction the 'company' would take bitcoin. Sound familiar? Lastly, they would setup networks of bots, trolls, and loyalists to bad mouth and talk trash on the emerging p2p electronic cash system.... why? To again use propaganda to discourage the public from using it.
Now bring on all the conspiracy theories.... I'm ready.
Below is the opinion of only one man - me.
This is how I see the 'war' going on between Bitcoin Core and Bitcoin Cash - and very open to hearing opposition to this viewpoint. However, please if you comment, do not just say things like 'bitcoin cash is garbage' or 'bcash is made by scammers', or 'i hate roger ver', etc. I think that we are WAY beyond that at this point and that serious facts need to be brought to the table. There is a lot at stake here.
Do you agree with this?
-Bitcoin Core (BTC) = Banking interests, corporate centralization, government sanctioned, etc. - ie. Lightning network layer, centralized blockstream corporation, etc.
-Bitcoin Cash (BCH) = Peer-to-peer cash transactions, no central authority, no corporate or banking interests, government feared - disparate players like john mcaffee, jihan wu, craig wright, Roger ver, etc.
Now... let's assume hypothetically for a moment that the banking and government systems are legitimately scared of Bitcoin and cryptocurrency in general because of how it threatens the existing power structure. Just try to imagine this is actually the real case scenario for just a moment.
That said and if it is a reality... what do you think the banking/gov power structure would do to kill and/or prevent something like an independent, p2p electronic cash system (Bitcoin Cash) from emerging? What lengths would they go to to stop it? How would they stop it?
Would they do it bluntly and directly (e.g. like a ban) or would they do it more subtly and methodically (e.g. like hijacking the movement, taking control of its development team, and incentivizing them to setup a 2nd layer on top of bitcoin that can be controlled...).
I personally think the government/banks would FIRST use the media to try to discourage others from investing (e.g. remember Jamie Dimon from Chase calling bitcoin a fraud? Remember Bill Gates and Warren Buffet coming out against bitcoin? - these people have influence). It's called propaganda. When that failed, they would then infiltrate the movement and dev teams to hijack and prevent the possibility of an independent currency from emerging (sound like blockstream? Look at the actors in the Blockstream corporation. Look at their background and ties. Follow the money). They would force out all opposition to the direction the 'company' would take bitcoin. Sound familiar? Lastly, they would setup networks of bots, trolls, and loyalists to bad mouth and talk trash on the emerging p2p electronic cash system.... why? To again use propaganda to discourage the public from using it.
Now bring on all the conspiracy theories.... I'm ready.
that was very complicated issues right now for many aspect of them, not because about it the crypto right now are very favourable to people but the goverment or any company are dislike it, they can accepted it but they are still thingking of it how to (not control) but to a bit to track any infromation for them
Yes, they want to track and control it. Of course they do. If they can, they will make trillions off it. The problem is, they can't - not with many cryptos (monero, zcash, dash, bitcoin cash, etc.).
They know they can't control it entirely.
Remember Napster? Remember how the government tried to control music, software, and file distribution... well what happened? They failed. Yes, they closed down napster which led to limewire, which led to kazaa, which led to Torrents. Can torrents be stopped? Was usenet ever stopped? Nope. Why? Because it can't be.
Crypto is the napster of our day and I promise you... they will stop some cryptos from being adopted, but they will not be able to stop them all. Some will emerge as dominant and will truly be unstoppable by anyone.... same way tor is and cannot be stopped.
If I wanted to, I can go download a tor browser and download all the free music, software, etc. that I wanted to... completely for free. And guess what.... millions of people do this everyday and are not stopped by the government.
Get ready.... programmable money is here to stay. Tech is usually smarter than government.
I'm simply unconvinced that a run because of bitcoin is possible. You'd be talking about a mass failing in fiat that would cause everyone to run to crypto. How does that happen? Only if nuclear war happens or something really huge that causes the dollar and other currencies to fluctuate even more wildly than btc.
It's obvious that fiat is a lot more stable than btc when it comes to price. So that's why people won't honestly keep daily money in crypto. They'd keep it in fiat. they'd keep their "savings" in btc though. This is why there can't be a run on banks for bitcoin unless bitcoin stabilizes in price... which is never happening.
It's obvious that fiat is a lot more stable than btc when it comes to price. So that's why people won't honestly keep daily money in crypto. They'd keep it in fiat. they'd keep their "savings" in btc though. This is why there can't be a run on banks for bitcoin unless bitcoin stabilizes in price... which is never happening.
Yes, I completely understand why you would be unconvinced. Also, just to clarify... I don't mean there will be a run on the banks for bitcoin itself. All/Any cryptocurrencies will have an impact, but bitcoin may likely have the largest impact. Bitcoin currently have the technical capability to do this... which is why I think bitcoin cash is being tested.
The mass adoption that I speak of will likely not happen with BTC... because it is simply incapable of delivering. They banks are not stupid and know this. There will surely be manipulation and propaganda developed to proliferate this nonsense.
I don't think fiat will see a mass failing immediately. It will be slow until it reaches critical mass. Then it will accelerate exponentially and those unprepared or unaware will be left in the dust.
If you think that fiat and the dollar are stable.... you may want to rethink your position. Do you know how many times fiat has failed in the past? Many. Don't you think it a little naive to think it cannot happen here or that it cannot happen again? What is preventing it from happening? Our federal reserve? Our banks? Our president? The current world order?
Trust me... China, Russia, etc... are licking their lips at the opportunity to displace the dollar and cause it to be replaced as the world reserve currency.
In fact, search on Google for 'Russia to dominate crypto' and you will see what I'm talking about. Here is ONE example: http://bitcoinist.com/russia-intends-dominate-finance-cryptocurrency-world-introducing-new-technologies/
They know what is going on. They know the days of fiat are numbered. They know that looking back, fiat will be looked at as one of the strongest tools ever developed to control the masses.
A digital run is imminent. Banks will have to take it seriously otherwise, they will be simply left behind in the competition. Just an hypothetical example, There was a small cooperative bank in my area which doesn't have any internet banking facility. They were running on ancient bookkeeping method. They were getting a good amount of business from the local people because the locals didn't have any other choice. Now suddenly, the biggest private bank of my country opened a branch in my area with all modern facilities like internet banking, ATM machines and Home banking. Within 3 years, that cooperative bank disappeared from the map because they couldn't evolve with the changing need of the consumers.
I am sure, the banking industry is now facing the same challenge with crypto currency market. The kind of freedom and facility is offered by a crypto currency, banks are not able think off because they are a regulated entity. So soon they will have only two choices in hand, either they adopt crypto currency or they simple vanish from the map. However, this transition will happen quickly. It may take 10-15 years from now, but will happen surely!
I am sure, the banking industry is now facing the same challenge with crypto currency market. The kind of freedom and facility is offered by a crypto currency, banks are not able think off because they are a regulated entity. So soon they will have only two choices in hand, either they adopt crypto currency or they simple vanish from the map. However, this transition will happen quickly. It may take 10-15 years from now, but will happen surely!
VERY great points - thanks! I think it will occur sooner than most folks think. Disrupted industries need to adapt or die.... think about circuit city, tower records, toys r us, good guys, book stores, etc.... the list goes on. Companies that didn't innovate with the internet no longer exist. Banks will not all disappear, but they will change in nature and those that deny crypto and push against it's progres... will lose.
The Digital run on the banks will happen as soon as crypto is setup as viable means for transaction. Same as ecommerce... once it became easy for the masses to create ecommerce stores, the internet and retail industry was permanently changed forever.
Do you think so?
I certainly do. Not a matter of if, but when...
Here's the case:
1. Have bank runs happened in the past?
YES! Many many many times. Runs on the banks have happened since banks existed. Here are a few links to show you the proof:
-https://en.wikipedia.org/wiki/List_of_bank_runs
-https://en.wikipedia.org/wiki/List_of_banking_crises#21st_century
2. Are Governments scared of crypto? Could Crypto replace the dollar and fiat currencies?
YES! They are shaking in their boots because they know the end of Fiat is near. Governments are now running all directions trying to figure out what to do with crypto. Russian, Venezuela, and other governments are starting to create their own cryptocurrencies to coax the public to adopting them. India, pakistan, china and others are trying to ban crypto all together... but know their efforts will be futile. Europe, US and other nations are trying to 'embrace' cryptocurrency, because they know that it's inevitable that they adapt their business model or perish.
The dollar's days are numbered and will soon be replaced as the world's reserve currency. There is FINALLY an alternative to the dollar and the world knows this.
The truth is that cryptos WILL replace fiat currency. This will cause the price of crypto to skyrocket and the dollar to hyperinflate. The dollar will hyper inflate to crypto and many will wake up only to find out that their dollars are worthless.... because it will not require such a large amount of fiat to purchase any cryptocurrency of value (think if bitcoin in fact did go up to $100K).
Here is some proof for your reading pleasure:
-https://www.google.com/search?q=us+government+cryptocurrency&oq=us+government+crypto&aqs=chrome.0.0j69i57j0l4.4120j0j7&sourceid=chrome&ie=UTF-8
-https://www.google.com/search?ei=-VnWWsDaGoqq8APUzZuQCw&q=us+dollar+collapse+crypto&oq=us+dollar+collapse+crypto&gs_l=psy-ab.3...8052.9348.0.9526.9.9.0.0.0.0.100.790.8j1.9.0....0...1c.1.64.psy-ab..0.2.172...0i13k1.0.rkAR1-JYReQ
-https://www.google.com/search?q=dollar+hyperinflation+crypto&oq=dollar+hyperinflation+crypto&aqs=chrome..69i57.8042j0j7&sourceid=chrome&ie=UTF-8
3. What does the IMF and Big Banks Say about Crypto? Is the financial world worried about crypto?
YES! They are all very worried because their business models are all being threatened. The IMF has now come out multiple times saying that that crypto could disrupt business models, and will present challenges for banks and central banks. They know fiat's days are numbered.
Today the IMF chief Christine Lagarde said this:
"Moreover, banks and other financial institutions will face challenges to their business models, should there be a large-scale shift away from government-issued currencies toward crypto-assets. Regulators might find it harder to ensure the stability of a more diffuse and decentralized financial system. Central banks might have more trouble acting as the lender of last resort in case of a crisis."
Here are a few more things the IMF has said about crypto: https://www.google.com/search?q=imf+crypto&oq=imf+crypto&aqs=chrome..69i57j0j69i60j0l3.1565j0j7&sourceid=chrome&ie=UTF-8
What does Bank of America and Chase Bank have to say about this? Well take a gander below....
-https://www.google.com/search?q=banks+crypto&oq=banks+crypto&aqs=chrome..69i57j0l5.5934j1j7&sourceid=chrome&ie=UTF-8
-https://www.google.com/search?q=bank+of+america+crypto&oq=bank+of+america+crypto&aqs=chrome..69i57j0l5.7669j0j7&sourceid=chrome&ie=UTF-8
They have repeatedly said that crypto is a threat to their business and that they need to adapt or die. They see the writing on the wall. They have also tried to claim bitcoin is a fraud/scam because they are scared of it.
What about Goldman Sachs?
They are trying to actual embrace and enter the market because they know that the revolution is coming. They have now started acquiring crypto-related companies such as Poloniex (crypto exchange) and Circle (app to text people cryptocurrency via phone). They have also stated that crypto is a threat to their business. See the proof below...
-https://www.google.com/search?q=goldman+sachs+crypto&oq=goldman+sachs+crypto&aqs=chrome..69i57j0l5.3560j0j7&sourceid=chrome&ie=UTF-8
-https://coincentral.com/goldman-sachs-funded-circle-purchases-poloniex-400mln-buyout/
-https://www.reuters.com/article/us-crypto-currencies-circle/goldman-backed-startup-circle-buys-major-crypto-exchange-poloniex-idUSKCN1GA1N4
4. So Where Does That Leave Us?
Well... we all need to embrace and transition to crypto from fiat. The sooner you do this, the better for you.
The writing is on the wall. This will happen.
There will be a digital run on the banks.
People will convert fiat to crypto at an alarming rate as this rocket ship takes off. This will cause hyperinflation of fiat currencies around the world... which will only accelerate the adoption of crypto and push the prices higher.
If you're reading this... you are doing something right.... welcome to the club.
Many of the 'new rich' and 'future elite' are amongst us. Place nice and help others understand what is going on.
Cheers!
Crypto Camacho
I certainly do. Not a matter of if, but when...
Here's the case:
1. Have bank runs happened in the past?
YES! Many many many times. Runs on the banks have happened since banks existed. Here are a few links to show you the proof:
-https://en.wikipedia.org/wiki/List_of_bank_runs
-https://en.wikipedia.org/wiki/List_of_banking_crises#21st_century
2. Are Governments scared of crypto? Could Crypto replace the dollar and fiat currencies?
YES! They are shaking in their boots because they know the end of Fiat is near. Governments are now running all directions trying to figure out what to do with crypto. Russian, Venezuela, and other governments are starting to create their own cryptocurrencies to coax the public to adopting them. India, pakistan, china and others are trying to ban crypto all together... but know their efforts will be futile. Europe, US and other nations are trying to 'embrace' cryptocurrency, because they know that it's inevitable that they adapt their business model or perish.
The dollar's days are numbered and will soon be replaced as the world's reserve currency. There is FINALLY an alternative to the dollar and the world knows this.
The truth is that cryptos WILL replace fiat currency. This will cause the price of crypto to skyrocket and the dollar to hyperinflate. The dollar will hyper inflate to crypto and many will wake up only to find out that their dollars are worthless.... because it will not require such a large amount of fiat to purchase any cryptocurrency of value (think if bitcoin in fact did go up to $100K).
Here is some proof for your reading pleasure:
-https://www.google.com/search?q=us+government+cryptocurrency&oq=us+government+crypto&aqs=chrome.0.0j69i57j0l4.4120j0j7&sourceid=chrome&ie=UTF-8
-https://www.google.com/search?ei=-VnWWsDaGoqq8APUzZuQCw&q=us+dollar+collapse+crypto&oq=us+dollar+collapse+crypto&gs_l=psy-ab.3...8052.9348.0.9526.9.9.0.0.0.0.100.790.8j1.9.0....0...1c.1.64.psy-ab..0.2.172...0i13k1.0.rkAR1-JYReQ
-https://www.google.com/search?q=dollar+hyperinflation+crypto&oq=dollar+hyperinflation+crypto&aqs=chrome..69i57.8042j0j7&sourceid=chrome&ie=UTF-8
3. What does the IMF and Big Banks Say about Crypto? Is the financial world worried about crypto?
YES! They are all very worried because their business models are all being threatened. The IMF has now come out multiple times saying that that crypto could disrupt business models, and will present challenges for banks and central banks. They know fiat's days are numbered.
Today the IMF chief Christine Lagarde said this:
"Moreover, banks and other financial institutions will face challenges to their business models, should there be a large-scale shift away from government-issued currencies toward crypto-assets. Regulators might find it harder to ensure the stability of a more diffuse and decentralized financial system. Central banks might have more trouble acting as the lender of last resort in case of a crisis."
Here are a few more things the IMF has said about crypto: https://www.google.com/search?q=imf+crypto&oq=imf+crypto&aqs=chrome..69i57j0j69i60j0l3.1565j0j7&sourceid=chrome&ie=UTF-8
What does Bank of America and Chase Bank have to say about this? Well take a gander below....
-https://www.google.com/search?q=banks+crypto&oq=banks+crypto&aqs=chrome..69i57j0l5.5934j1j7&sourceid=chrome&ie=UTF-8
-https://www.google.com/search?q=bank+of+america+crypto&oq=bank+of+america+crypto&aqs=chrome..69i57j0l5.7669j0j7&sourceid=chrome&ie=UTF-8
They have repeatedly said that crypto is a threat to their business and that they need to adapt or die. They see the writing on the wall. They have also tried to claim bitcoin is a fraud/scam because they are scared of it.
What about Goldman Sachs?
They are trying to actual embrace and enter the market because they know that the revolution is coming. They have now started acquiring crypto-related companies such as Poloniex (crypto exchange) and Circle (app to text people cryptocurrency via phone). They have also stated that crypto is a threat to their business. See the proof below...
-https://www.google.com/search?q=goldman+sachs+crypto&oq=goldman+sachs+crypto&aqs=chrome..69i57j0l5.3560j0j7&sourceid=chrome&ie=UTF-8
-https://coincentral.com/goldman-sachs-funded-circle-purchases-poloniex-400mln-buyout/
-https://www.reuters.com/article/us-crypto-currencies-circle/goldman-backed-startup-circle-buys-major-crypto-exchange-poloniex-idUSKCN1GA1N4
4. So Where Does That Leave Us?
Well... we all need to embrace and transition to crypto from fiat. The sooner you do this, the better for you.
The writing is on the wall. This will happen.
There will be a digital run on the banks.
People will convert fiat to crypto at an alarming rate as this rocket ship takes off. This will cause hyperinflation of fiat currencies around the world... which will only accelerate the adoption of crypto and push the prices higher.
If you're reading this... you are doing something right.... welcome to the club.
Many of the 'new rich' and 'future elite' are amongst us. Place nice and help others understand what is going on.
Cheers!
Crypto Camacho
Indeed, cryptocurrencies do not yet have a major impact on FIAT, but banks are extremely interested in creating possibilities for adapting to the crypto world. However, governments have the last word to say about this subject and we do not have much, but to hope for an environment favourable to our own investments.
Do you think that governments will ban crypto? If so, which ones and how will they choose? How will they enforce?
As much of a believer as I am of Bitcoin, I'd say the chances of a bank run happening because of crypto is very slim. Crypto is gaining popularity, but it's still very small in the grand scheme of things, and it's still more widely treated as a speculative asset and an investment vehicle rather than an actual alternative to fiat. I'd like to believe things are changing on that end, but it's coming on extremely slowly. Moreover, cryptos need to scale first and foremost, before we can talk about it being a viable replacement.
All in all, crypto certainly does have the potential to disrupt banking and fiat, but it's still way far off from reaching that potential. Governments/banks aren't afraid of it in its current incarnation -- they're afraid of its potential.
All in all, crypto certainly does have the potential to disrupt banking and fiat, but it's still way far off from reaching that potential. Governments/banks aren't afraid of it in its current incarnation -- they're afraid of its potential.
Yes, you are right... today. But, as crypto gains popularity, it gains more adoption. As it gains more adoption, it gains more popularity and awareness. At some point, there is going to be a tipping point - when we hit critical mass. At THAT point, this is why things will accelerate very quickly.
Think about the Internet itself. It had been around for years before it gain true adoption... then came along a little company called Prodigy. That helped mass adoption... but adoption really happened when AOL launched it's killer app AOL Instant messager. Then things blew up. Everyone NEEDED the internet. The snowball affect kicked in and the rest is history.
... same thing will happen to crypto as UI/UX interfaces get better, as merchant adoption becomes easier, etc. It's only to take one killer app that everyone wants to use to quickly accelerate things.
Even now some folks ask... why do we need crypto? Well, back in 1990 I could have said the same thing about the Internet (and many folks did). The truth is, that we don't need crypto. We don't need the internet.... but dang we love it and it can you imagine life without it at this point!!!???
When the digital run on the banks happen, the dollar will naturally hyerpinflate to the price of crypto. To buy crypto, it will be very expensive and those who want to 'use' it, will be left behind and will realize that their precious fiat has been naturally devalued as crypto becomes a more dominant way to spend money.
Cheers!
This is one good compilation of the different situations between the banking system and the banks. We can actually observe by reading many articles that even banks and governments are planning to launch their own cryptocurrency. Others such as the G7 central banks are planning to invest on cryptocurrency. This news are examples that though bitcoin has no impact yet on fiat currency but it has a huge impact on the banking system.
Thanks Xester. I threw it together quickly, but may consider making a more elaborate compilation, etc. I've even heard that the states are all going to launch their own cryptocurrency. Bitcoin doesn't have much impact on fiat yet... but just wait until the momentum and adoption grow. Fiat will quickly be replaced... which is why they are all shaking in their boots!
When do you think the 'Digital' run on the bank might happen? any thoughts?
⭐ Merited by d5000 (1)
Do you think so?
I certainly do. Not a matter of if, but when...
Here's the case:
1. Have bank runs happened in the past?
YES! Many many many times. Runs on the banks have happened since banks existed. Here are a few links to show you the proof:
-https://en.wikipedia.org/wiki/List_of_bank_runs
-https://en.wikipedia.org/wiki/List_of_banking_crises#21st_century
2. Are Governments scared of crypto? Could Crypto replace the dollar and fiat currencies?
YES! They are shaking in their boots because they know the end of Fiat is near. Governments are now running all directions trying to figure out what to do with crypto. Russian, Venezuela, and other governments are starting to create their own cryptocurrencies to coax the public to adopting them. India, pakistan, china and others are trying to ban crypto all together... but know their efforts will be futile. Europe, US and other nations are trying to 'embrace' cryptocurrency, because they know that it's inevitable that they adapt their business model or perish.
The dollar's days are numbered and will soon be replaced as the world's reserve currency. There is FINALLY an alternative to the dollar and the world knows this.
The truth is that cryptos WILL replace fiat currency. This will cause the price of crypto to skyrocket and the dollar to hyperinflate. The dollar will hyper inflate to crypto and many will wake up only to find out that their dollars are worthless.... because it will not require such a large amount of fiat to purchase any cryptocurrency of value (think if bitcoin in fact did go up to $100K).
Here is some proof for your reading pleasure:
-https://www.google.com/search?q=us+government+cryptocurrency&oq=us+government+crypto&aqs=chrome.0.0j69i57j0l4.4120j0j7&sourceid=chrome&ie=UTF-8
-https://www.google.com/search?ei=-VnWWsDaGoqq8APUzZuQCw&q=us+dollar+collapse+crypto&oq=us+dollar+collapse+crypto&gs_l=psy-ab.3...8052.9348.0.9526.9.9.0.0.0.0.100.790.8j1.9.0....0...1c.1.64.psy-ab..0.2.172...0i13k1.0.rkAR1-JYReQ
-https://www.google.com/search?q=dollar+hyperinflation+crypto&oq=dollar+hyperinflation+crypto&aqs=chrome..69i57.8042j0j7&sourceid=chrome&ie=UTF-8
3. What does the IMF and Big Banks Say about Crypto? Is the financial world worried about crypto?
YES! They are all very worried because their business models are all being threatened. The IMF has now come out multiple times saying that that crypto could disrupt business models, and will present challenges for banks and central banks. They know fiat's days are numbered.
Today the IMF chief Christine Lagarde said this:
"Moreover, banks and other financial institutions will face challenges to their business models, should there be a large-scale shift away from government-issued currencies toward crypto-assets. Regulators might find it harder to ensure the stability of a more diffuse and decentralized financial system. Central banks might have more trouble acting as the lender of last resort in case of a crisis."
Here are a few more things the IMF has said about crypto: https://www.google.com/search?q=imf+crypto&oq=imf+crypto&aqs=chrome..69i57j0j69i60j0l3.1565j0j7&sourceid=chrome&ie=UTF-8
What does Bank of America and Chase Bank have to say about this? Well take a gander below....
-https://www.google.com/search?q=banks+crypto&oq=banks+crypto&aqs=chrome..69i57j0l5.5934j1j7&sourceid=chrome&ie=UTF-8
-https://www.google.com/search?q=bank+of+america+crypto&oq=bank+of+america+crypto&aqs=chrome..69i57j0l5.7669j0j7&sourceid=chrome&ie=UTF-8
They have repeatedly said that crypto is a threat to their business and that they need to adapt or die. They see the writing on the wall. They have also tried to claim bitcoin is a fraud/scam because they are scared of it.
What about Goldman Sachs?
They are trying to actual embrace and enter the market because they know that the revolution is coming. They have now started acquiring crypto-related companies such as Poloniex (crypto exchange) and Circle (app to text people cryptocurrency via phone). They have also stated that crypto is a threat to their business. See the proof below...
-https://www.google.com/search?q=goldman+sachs+crypto&oq=goldman+sachs+crypto&aqs=chrome..69i57j0l5.3560j0j7&sourceid=chrome&ie=UTF-8
-https://coincentral.com/goldman-sachs-funded-circle-purchases-poloniex-400mln-buyout/
-https://www.reuters.com/article/us-crypto-currencies-circle/goldman-backed-startup-circle-buys-major-crypto-exchange-poloniex-idUSKCN1GA1N4
4. So Where Does That Leave Us?
Well... we all need to embrace and transition to crypto from fiat. The sooner you do this, the better for you.
The writing is on the wall. This will happen.
There will be a digital run on the banks.
People will convert fiat to crypto at an alarming rate as this rocket ship takes off. This will cause hyperinflation of fiat currencies around the world... which will only accelerate the adoption of crypto and push the prices higher.
If you're reading this... you are doing something right.... welcome to the club.
Many of the 'new rich' and 'future elite' are amongst us. Place nice and help others understand what is going on.
Cheers!
Crypto Camacho
I certainly do. Not a matter of if, but when...
Here's the case:
1. Have bank runs happened in the past?
YES! Many many many times. Runs on the banks have happened since banks existed. Here are a few links to show you the proof:
-https://en.wikipedia.org/wiki/List_of_bank_runs
-https://en.wikipedia.org/wiki/List_of_banking_crises#21st_century
2. Are Governments scared of crypto? Could Crypto replace the dollar and fiat currencies?
YES! They are shaking in their boots because they know the end of Fiat is near. Governments are now running all directions trying to figure out what to do with crypto. Russian, Venezuela, and other governments are starting to create their own cryptocurrencies to coax the public to adopting them. India, pakistan, china and others are trying to ban crypto all together... but know their efforts will be futile. Europe, US and other nations are trying to 'embrace' cryptocurrency, because they know that it's inevitable that they adapt their business model or perish.
The dollar's days are numbered and will soon be replaced as the world's reserve currency. There is FINALLY an alternative to the dollar and the world knows this.
The truth is that cryptos WILL replace fiat currency. This will cause the price of crypto to skyrocket and the dollar to hyperinflate. The dollar will hyper inflate to crypto and many will wake up only to find out that their dollars are worthless.... because it will not require such a large amount of fiat to purchase any cryptocurrency of value (think if bitcoin in fact did go up to $100K).
Here is some proof for your reading pleasure:
-https://www.google.com/search?q=us+government+cryptocurrency&oq=us+government+crypto&aqs=chrome.0.0j69i57j0l4.4120j0j7&sourceid=chrome&ie=UTF-8
-https://www.google.com/search?ei=-VnWWsDaGoqq8APUzZuQCw&q=us+dollar+collapse+crypto&oq=us+dollar+collapse+crypto&gs_l=psy-ab.3...8052.9348.0.9526.9.9.0.0.0.0.100.790.8j1.9.0....0...1c.1.64.psy-ab..0.2.172...0i13k1.0.rkAR1-JYReQ
-https://www.google.com/search?q=dollar+hyperinflation+crypto&oq=dollar+hyperinflation+crypto&aqs=chrome..69i57.8042j0j7&sourceid=chrome&ie=UTF-8
3. What does the IMF and Big Banks Say about Crypto? Is the financial world worried about crypto?
YES! They are all very worried because their business models are all being threatened. The IMF has now come out multiple times saying that that crypto could disrupt business models, and will present challenges for banks and central banks. They know fiat's days are numbered.
Today the IMF chief Christine Lagarde said this:
"Moreover, banks and other financial institutions will face challenges to their business models, should there be a large-scale shift away from government-issued currencies toward crypto-assets. Regulators might find it harder to ensure the stability of a more diffuse and decentralized financial system. Central banks might have more trouble acting as the lender of last resort in case of a crisis."
Here are a few more things the IMF has said about crypto: https://www.google.com/search?q=imf+crypto&oq=imf+crypto&aqs=chrome..69i57j0j69i60j0l3.1565j0j7&sourceid=chrome&ie=UTF-8
What does Bank of America and Chase Bank have to say about this? Well take a gander below....
-https://www.google.com/search?q=banks+crypto&oq=banks+crypto&aqs=chrome..69i57j0l5.5934j1j7&sourceid=chrome&ie=UTF-8
-https://www.google.com/search?q=bank+of+america+crypto&oq=bank+of+america+crypto&aqs=chrome..69i57j0l5.7669j0j7&sourceid=chrome&ie=UTF-8
They have repeatedly said that crypto is a threat to their business and that they need to adapt or die. They see the writing on the wall. They have also tried to claim bitcoin is a fraud/scam because they are scared of it.
What about Goldman Sachs?
They are trying to actual embrace and enter the market because they know that the revolution is coming. They have now started acquiring crypto-related companies such as Poloniex (crypto exchange) and Circle (app to text people cryptocurrency via phone). They have also stated that crypto is a threat to their business. See the proof below...
-https://www.google.com/search?q=goldman+sachs+crypto&oq=goldman+sachs+crypto&aqs=chrome..69i57j0l5.3560j0j7&sourceid=chrome&ie=UTF-8
-https://coincentral.com/goldman-sachs-funded-circle-purchases-poloniex-400mln-buyout/
-https://www.reuters.com/article/us-crypto-currencies-circle/goldman-backed-startup-circle-buys-major-crypto-exchange-poloniex-idUSKCN1GA1N4
4. So Where Does That Leave Us?
Well... we all need to embrace and transition to crypto from fiat. The sooner you do this, the better for you.
The writing is on the wall. This will happen.
There will be a digital run on the banks.
People will convert fiat to crypto at an alarming rate as this rocket ship takes off. This will cause hyperinflation of fiat currencies around the world... which will only accelerate the adoption of crypto and push the prices higher.
If you're reading this... you are doing something right.... welcome to the club.
Many of the 'new rich' and 'future elite' are amongst us. Place nice and help others understand what is going on.
Cheers!
Crypto Camacho
I have submitted my entries, but do not see myself on the final list? I also have done KYC, registration, etc.
Video review: https://youtu.be/EWcd_X2esXw
Blog post: http://www.cryptocamacho.com/ico-review-influencers-and-advertisers-on-the-blockchain-match-made-in-heaven/
How can I be added? I just submitted the Google form again as well.
Thanks a lot!
Video review: https://youtu.be/EWcd_X2esXw
Blog post: http://www.cryptocamacho.com/ico-review-influencers-and-advertisers-on-the-blockchain-match-made-in-heaven/
How can I be added? I just submitted the Google form again as well.
Thanks a lot!
How much would you pay for the domain name....
HODL.com
Would you buy it? Why? Why not?
HODL.com
Would you buy it? Why? Why not?
Do you own the domain, or are you just curious, as I'd pay a significant sum for it.
Im just curious... it's priced at $450,000 now. wow.
Anyone else feel that STEEM is going to be the next MySpace?
SMTs will be huge eventually, but honestly I've been a bit disappointed with STEEM so far... I think a lot of people have, which is why you're seeing the price drop and drop and drop.
I think the price does have A LOT of potential to go up, but STEEM needs to solve some basic basic issuess... like website building 101. The current community is so basic in functionality, that it is hard to see them revolutionizing the world/internet, when they can't build a well functioning website. So that leaves me with mixed feelings....
If they get their act together... we'll go to the moon with Steem. If not, someone else will eventually eat them up.
Who remembers MySpace?
SMTs will be huge eventually, but honestly I've been a bit disappointed with STEEM so far... I think a lot of people have, which is why you're seeing the price drop and drop and drop.
I think the price does have A LOT of potential to go up, but STEEM needs to solve some basic basic issuess... like website building 101. The current community is so basic in functionality, that it is hard to see them revolutionizing the world/internet, when they can't build a well functioning website. So that leaves me with mixed feelings....
If they get their act together... we'll go to the moon with Steem. If not, someone else will eventually eat them up.
Who remembers MySpace?
There is already a Russian version called Golos. The only issue with golos is that it is mainly in russian (though it has an english community - see the english tag on the site), and it is only listed on two exchanges.
Interesting... haven't see the russian version, but need to check it out.
Spasiba bolshoy!