Lions. "Don't Get Left Behind?" This Is Hitting Me The Wrong Way...
From Greg M
Lions.
I really want your opinion on this.
As you all know, I am a Crypto holder and believer in the space.
I have repeatedly given credit to Trump for his now strong support for Bitcoin/Crypto.
Over the last 2 days Trump and his son have been promoting an Upcoming Announcement of Something BIG. The entire Crypto space including Forbes is hyping this up, and I mean HYPING THIS UP!
Trump and his son are using this slogan, “Don’t Get Left Behind.”
Here is my question. If this thing is SO BIG, SO FANTASTICLY EARTH SHAKING…. then why all the hype?
I have backed up Trump 100% with his talk about he being “The Bitcoin President,” Crypto President etc. If something/anything needs this much hype, along with a slogan which states, “Don’t Get Left Behind,” its like we are being sold, or a con.
My fear is although some people will benefit GREATLY from whatever this thing is, most are going to get hurt… Especially because of all the hype and “don’t get left behind.”
I have a feeling that this is going to end BADLY for most people who get caught up in the hype… invariably that is what happens.
I hope that I am wrong on this.
What are your thoughts?
GM
"You knew I was a snake before you let me in." - Trump
Ponder this: you can't inflate precious metal, you can't shut down trading of physical precious metal between two entities, you can't hack a gold or silver bar or coin that is physically held by someone. BUT, if you wanted to siphon great amounts of wealth from people & leave them completely dependent on the almighty state to eat & survive...then, you've found the perfect tool with fundamentaly worthless crypto. With AI and Quantum computers, how easy is it to crack the encryption on Bitcoin or any other crypto coin. And you think, someone, a government or a group of hackers having access to a Quantum computer won't empty all of the supposed wealth stored on these blockchains??
I think the whole crypto system is a trojan horse...getting people to digitally expose the totality of their wealth, to be easily plundered once it will be locked in. Otherwise, why would any government allow anything that would put in jeaopardy its monopoly on the best way to extort its peasants...