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Bitcoin

Derson94

Derson94

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What’s up everyone!
I’ve been watching the new it I seen Bitcoin is going down fast, so what I’m asking in a scenario of Bitcoin completely collapsing what would form of payment be? Wester union? Ask the idea of the suppliers.
Thank you
 
Derson I would assume it would go back to Western Union if ALL of Crypto would go down… however I don’t expect that to happen. I believe Crypto currency is here to stay for a long time.
 
TheOldJJdigs said:
Derson I would assume it would go back to Western Union if ALL of Crypto would go down… however I don’t expect that to happen. I believe Crypto currency is here to stay for a long time.
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I really hope so! Not trying to be negative was just looking at the news story’s and seen bitcoin dropped so it got me thinking.
 
I do think the broader sell off is a necessary culling of a bunch of shit-coins, but BTC has seen significant volitilty before and has the household name recognition to survive the bear market.
 
If you watch, the Feds are intentionally trying to crash Bitcoin

However, they want their own federal version of bitcoin

The Federal reserve is fake. It is fake money. The dollar is fake. They literally print the paper and cause all that is happening in this fake system.

Their system is crashing and they want control.

Cash isn't controllable, but crypto is.

Notice that other countries like Russia for instance can still use Bitcoin, but the US wants them out of that system. They want to be able to cut you off.

Think CHINA and the social credit scores, etc....

Anyways our industry has and always will adapt to what is available at the time.

I think BTC will go up and down. I don't see it leaving.
 
Multislacking said:
Crypto isn't going anywhere.
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Crypto will be stronger once all those other shitcoins are culled. Bitcoin is the OG crypto and it should still survive despite the gyrations of the real world markets.
 
I don’t think big coins like Bitcoin and Ethereum are ever gonna go away. If you think about the black market demand for it alone, that will always keep it afloat. People using it on the “dark web” generally don’t care what the value of it is. They care about the anonymity. So even if bitcoin is at $100 they’ll still use it.
 
TheOldJJdigs said:
Derson I would assume it would go back to Western Union if ALL of Crypto would go down… however I don’t expect that to happen. I believe Crypto currency is here to stay for a long time.
Click to expand...
The Gment is going to want to tax it is what I've heard,
 
Ohh I’m sure of it… they want their hands on everything, lol. I wouldn’t put it past them to crash it on purpose to get everyone in line.

On a positive note if that did happen things would go back to Western Union and everyone would be happier hahaha
Bolan said:
The Gment is going to want to tax it is what I've heard,
Click to expand...
 
TheOldJJdigs said:
Ohh I’m sure of it… they want their hands on everything, lol. I wouldn’t put it past them to crash it on purpose to get everyone in line.

On a positive note if that did happen things would go back to Western Union and everyone would be happier hahaha
Click to expand...
So damn true......WU/GD/Vanilla ETC...
 
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