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49921552 No.49921552 [Reply] [Original]

>shitcoins are not engineered to kill central banking, they are engineered to transfer your money to a few insiders, preminers, scammers and venture capitals - they will cashout and dump on you
>FIATs like USD/EUR/GBP are all fake, printed out of thin air, unlimited supply, permanently bleeding SHIT-CURRENCIES
>BTC is engineered to attract (futile) attacks by central bankers, governments, mainstream media, keynesians and parasites cause it makes them all irrelevant
>BTC has no top cause all FIATs have no bottom
>BUY ON SPOT MARKETS ONLY
>NEVER USE DERIVATIVES like futures and options, they are just USD-only trading on fake paper-BTC, they dilute the supply canceling the scarcity effect, kill the price discovery, and help market manipulators to keep the price down with naked short selling
>when you keep your money inside an EXCHANGE you are getting SCAMMED with FRACTIONAL RESERVE and you are exposed to risk of CONFISCATION
>NO KEYS NO PARTY, use hardware wallets, move your coins into cold storage, BACKUP your keys/seed
>NEVER TRUST CENTRALIZED PARTIES (exchanges, banks, custodial services, lending platforms, centralized shitcoin wraps like WBTC)
>CBDC (central bank digital currencies) are a SCAM, central bank rugpulls, they will lose value even faster, kill your privacy, restrict your ability to freely spend your money
>DO NOT SELL WHEN THE MARKET IS TRYING TO SHAKE YOUR POCKETS, BUY MORE
>don't try to time the market, 50% crashes are normal, do not leverage, 2X long leveraged traders will get wiped out
>DO NOT SHORT, LONG LEVERAGE, SWING (or you will lose it all)
>BTC is not a get-rich-quick scheme, it's a don't-get-poor-slowly scheme
>run a full Bitcoin Core node, don't trust, verify
>CoinJoin
>use non-custodial LN wallets for small tx
>don't think it's too late, it's never late, FIATs will always keep bleeding purchasing power
YOU ONLY HAVE ONE TASK, BUY SPOT AND KEEP YOUR PRIVATE KEYS SAFE AFTER WITHDRAWING YOUR BTC INTO COLD STORAGE
DON'T FUCK IT UP ANON

>> No.49921640

>>49921552
yes it was engineered to kill central banking but it will never achieve this because its an open public ledger with 0 privacy.

Monero and other cryptos could in theory pose a threat to CBDCs and central banks, but they'll just ban it to hell if it ever got close.

>> No.49921687

>>49921552
13 years in, Visa not replaced. What went wrong?
>>49921514

>> No.49921788
File: 39 KB, 500x492, 89926be8e63c1dcd253375375a651252.jpg [View same] [iqdb] [saucenao] [google]
49921788

>>49921552
>grandma goes to send BTC
>accidentally pastes the wrong address
>hit send
>money instantly gone forever with zero recourse
>grandma opens email
>clicks on email with the headline 'your bitcoin wallet requires kyc verification'
>"gee sonny better verify my bitcoin wallet don't want to get into trouble with the law!"
>private key stolen by third world phishers
>wallet drained
>the future of finance
Kek, gonna kill Visa and Mastercard any day now.

>> No.49921963

>>49921640
Pretty sure Monero is already delisted and banned everywhere except some European countries

>> No.49922159

>>49921640
addresses don’t have peoples names attached to it

>> No.49922624

>>49922159
retarded summerfag

>> No.49922681

>>49921552
OP didn't make a single dollar off the 2020 bull

>> No.49922844

>>49921788
>Fiat mindset
Your grandma, girlfriend, and guinea pig don't need self custody. The man of the house protects the bitcoin and sends sats to their cashapp.

>> No.49922915
File: 94 KB, 720x722, 1655278582323.jpg [View same] [iqdb] [saucenao] [google]
49922915

>>49922844
DID SOMEBODY SAY GUINEA PIG?

>> No.49924095

>>49921552
>bitcoin is going to kill central banking
>CENTRAL BANKS ARE BUYING BITCOIN!!!!!!

>> No.49925054

>>49922624
>newfag who kycd to buy crypto
topkek