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17041300 No.17041300 [Reply] [Original]

https://twitter.com/MASTERBTCLTC/status/1222796107895328768?s=20

>> No.17041310

>>17041300
DELET THIS

>> No.17041331

>>17041300
If he doesnt get second term, then absolutely noone cares about his stance on crypto

>> No.17041336
File: 656 KB, 2244x1256, trump effect.png [View same] [iqdb] [saucenao] [google]
17041336

>>17041310

SORRY YANG IT STAYS

>> No.17041446

>>17041331
Trump has met with Ripple. If he gets a second term then XRP skyrockets. If he doesn't get a second tern then a banker candidate wins and XRP still skyrockets.

>> No.17041460
File: 470 KB, 500x913, 1579670886523.png [View same] [iqdb] [saucenao] [google]
17041460

>>17041300
When will you realise that meme magic is real?

>> No.17041476

>>17041446
>xrp
kek
keep funding the jews fag, their ipo will be amazing as they make 10b while (((de-risking))) their unneeded shitcoin down to 0

>> No.17041482

>>17041300
The banking world is adopting blockchain tech in general to issue their own cryptocurrency. Not that they're adopting BTC.

>> No.17041527
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17041527

>>17041300
It’s true, all of it.

>> No.17041540

>>17041482

Have you seen this? - from the think tank behind most of Trump's administration's policies:

https://www.heritage.org/government-regulation/commentary/heritage-explains-bitcoin

>> No.17041794
File: 182 KB, 1024x1024, DA3318DC-E583-4DAE-8169-5D147D94B016.jpg [View same] [iqdb] [saucenao] [google]
17041794

>>17041482
all shitcoins flow into btc, even the bank’s

>> No.17041899

>>17041331
No shit dumbass he wouldn’t be president.

>> No.17042120
File: 143 KB, 800x1000, Majora.jpg [View same] [iqdb] [saucenao] [google]
17042120

>>17041794
The BTC will have its place, but it won't dictate what the banking institutions will do. The biggest goal of blockchain adoption in this context, aside from the potential of smart contracts, is to remove the US dollar off its throne as the world reserve currency.

>>17041540
Never heard of the site. Listening to it now, this guy has a very, VERY, basic knowledge of the bitcoin. Saying the bitcoin isn't backed by anything is like saying the US dollar isn't backed by anything. The bitcoin's value is derived from the trust in its network, as the grandfather of crypto and being the largest network in the industry. The biggest boon of the BTC is that it has successfully created a network that can handle billions of dollars of transactions without the need for a middleman. This allows you to COMPLETELY bypass the current banking system that the US dominates.

Every bank and every nation has every incentive to investigate this because of 2 things, the US' exorbitant privilege, where the Federal Reserve can print out US dollars whenever they damn well feel like it while other countries have to pony up the equivalent amount of goods and services if they want US dollars, and sanctions. If the US says you can't do trades with Cuba, you have to obey. If not you'll get slapped with sanctions worth BILLIONS of dollars.

This spinoff technology from the bitcoin, blockchain tech, is what banking institutions, the IMF, other nations like China and Russia want to recreate with them in control, as opposed to the BTC which is essentially decentralized. Of course Trump is paying attention to cryptocurrencies because this technology, if a new world reserve currency is adopted, and if they create a new crypto to be used for oil exchanges, the rest of the world will have no use for the US dollar and it'll devalue to the point where the US is hit HARD with hyperinflation.

>> No.17042134

>>17041300
oh shit

>> No.17042143

>>17041476
Explain how it's unneeded.

>> No.17042179

>>17042120

This is up your alley:

https://youtu.be/tP404Q7Y2uU

Highlight: Not sure where in the video Simon provides his suspicion that there are central banks accumulating and/or mining BTC in secret.

>> No.17042268

>>17042179
To gain influence on the system, no doubt. The BTC and crypto in general completely remove the need for banks. I can't tell if you understand my point since you keep linking videos without forming your own opinion. They're not going to adopt the BTC network and say "Hey, we're gonna build on top of this and help you guys scale for grocery shopping tier transaction speeds". No, they're going to take the tech and basic standards derived from the BTC and build and grow their own network with a cryptocurrency whose value is independent of BTC.

>> No.17042343
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17042343

>>17041300
no he's secretly pro XRP.

>> No.17042360

>>17042179
bullshit central banks can easily make their own crypto where they control inflation to suit their needs. and they will.

>> No.17042371

>>17042360
https://twitter.com/i/status/1222925198309105664

Central banks can make their own coin but it would be useless if it didn't connect to other banks.

>> No.17042386

>>17042371
are you retarded? central banks are the banks.

>> No.17042433

>>17042120

>If the US says you can't do trades with Cuba, you have to obey. If not you'll get slapped with sanctions worth BILLIONS of dollars.

This isn't why they obey. It's because if you don't, the US can now cut entire countries off from the dollar market. Being as the dollar is used for international trade clearing both coming and going, this means you don't have access to any international markets, ever again.

>> No.17042511

>>17042386
Banks don't talk to each other, they thats why it takes 2 weeks to transfer funds from one bank to another.
Swift was a system designed before the internet around 1960 and hasn't been updated since.

>> No.17042568

>>17042511
>Banks don't talk to each other
fucknut how do you think transactions happen? 2 weeks my ass. settlement is usually within a day domestically many places instant in business hours. only international wires suck ass for now but that will change with central bank adopted cryptos most likely. banks will not need a trusted network bottleneck to account between each other anymore.

that doesn't mean they have to ever touch any of the existing coins. i have predicted this for years central banks will simply issue their own poa/federation blockchain based coins. the reason for this is simple it's their entire purpose to control inflation. and if they can't control is they won't use it.

>> No.17042601

>>17041300
Trump doesn't want his taxes leaked because in 2017 he went all in on $LINK

>> No.17042703
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17042703

>>17042601

Imagine if Barron Trump grows up to be a crypto bull like Jack Dorsey and tweets about crypto like his Dad does politics.

>> No.17042735

>>17042703
Tifanny is the dark horse
does nothing, little chubby, probably neeting it up in daddy's mansion
she is probably all in something based like BRAP

>> No.17042748

>>17042268

It's old hat though. You can bring food to the table it doesn't mean people will eat it. Bitcoin is the rib eye steak and the banks' version will be like really old beef jerky. The next generation will not know a world without Bitcoin. This is like a generation not knowing a world without cars when horses where the norm. Will they listen to bankers who created the old world or guys like Elon and Dorsey who are creating the new one?

>> No.17042768

>>17042568
>2 weeks my ass. settlement is usually within a day domestically many places instant in business hours.

You have no clue what the fuck you're talking about you moron. Settlements take weeks, what they are using is vostro/nostro accounts.
Smaller banks rely on larger banks, and larger banks don't talk to each other because there is no standard.

>> No.17042797

>>17041527
This will be canon unironically

>> No.17042819

Trump is a central bank cocksucker that loves inflation

Whatever he's saying he's lying

>> No.17043030

DGB were guests to Washington within the last month. Take from that what you will.

>> No.17043053

>>17042768
Australian banks settle 3 times a day with the RBA. pretty sure US banks do similar.
what country do you live in?

>> No.17043066

>>17042768
i have no clue where this idiocy coming from banks are all.on the same settlement network in every country and directly talking to each other.

>> No.17043070

>>17041300
search the archive for ‘ted cruz trump coin’ it was a (buzzfeed?) article posted once on here and then all articles about it were scrubbed from the internet. ted cruz says in it that trump likes bitcoin and joked in private about giving trumpcoin’s to his supporters. now logically the only reason he can’t come out and say he supports it publicly is because he is the president and has to support the strength of the almighty dollar.

>> No.17043104

>>17043070
>>17043070
found it : >>/biz/thread/S14260327

>> No.17043839

>>17042433
Hence why the US can slap sanctions worth billions of dollars. But you are correct, they have to pay sanctions else they get effectively kicked out the banking system.

>> No.17043847

>>17041300
This picture is 2 penisses short of being taken seriously.

>> No.17043878

LOL the BSV indian marketing team is gone
otherwise they would have spammed this thread already

>> No.17043886

>>17042748
I'm not saying the BTC won't have its place. It will definitely have a place in the world. But nations will be issuing their own cryptocurrencies and it won't be backed by the BTC. Why? See >>17042433

>> No.17044072

Trump has dementia, he isn't "secretly" anything.