Crypto’s Center of Gravity Is Shifting Away from the U.S.

[RedDuke]

If it wasn't noticeable in the tone of my posts on this thread.... I want the US to continue and go even harder in their Operation Chokepoint 2.0 against cryptos

In the US, we have too many financial privileges, such as Venmo, PayPal, Robinhood, Zelle, Visa/MC that we do not need Bitcoin and crypto assets other than as investments

Let the ones that truly need Bitcoin and crypto assets be the ones that get to own and grow this new decentralized global monetary and financial system

People from Argentina, Turkey, Lebanon, in South Africa, in Vietnam, in Philippines, in Nigeria, in Brazil, in El Salvador, in India, countries in Africa, and many others should not pay a higher price because US investors want to drive up the price, for speculative reasons

and what happens to those people if crypto melts down??? For you or I 1K, 3k, 5k and etc is no big deal, for some people it is their life savings

 

[johnarb]

and what happens to those people if crypto melts down??? For you or I 1K, 3k, 5k and etc is no big deal, for some people it is their life savings

They will get to buy more. Let's imagine a person in Argentina, you think they went all in and are no longer buying?

Put that imagination to all the countries I mentioned

And my friend.... if you think Bitcoin will go to $1K and stay there because the US has banned cryptos completely... you have not put your full faith in the Cult of Satoshi

The power of decentralization will prevail over centralized systems. China already tried, let the US get its turn

Vires in Numeris

 

[RedDuke]

They will get to buy more. Let's imagine a person in Argentina, you think they went all in and are no longer buying?

Put that imagination to all the countries I mentioned

And my friend.... if you think Bitcoin will go to $1K and stay there because the US has banned cryptos completely... you have not put your full faith in the Cult of Satoshi

The power of decentralization will prevail over centralized systems. China already tried, let the US get its turn

Vires in Numeris

you misunderstood me. I meant people loosing 1K or 5k. In some parts of the world it is Significant amount of money. I wish BTC goes to 1K. The only way it can happen if all fake money are removed from the system.

 

[Frederick Foresight]

When one bitcoin is worth over $1M

Why suffer needlessly when there's medication for that?

 

[johnarb]

you misunderstood me. I meant people loosing 1K or 5k. In some parts of the world it is Significant amount of money. I wish BTC goes to 1K. The only way it can happen if all fake money are removed from the system.

I thought that's what you meant but I simplified it

Losing $1K in relation to btc price? Did you mean losing another 80% from here and btc at $6k?

It could happen, but that's how investments go and the person did not lose the life savings, it simply meant the valuation went down and time to keep buying and accumulating

I am speaking from experience. I bought btc at $100 and kept buying all the way to $1,200, mind you using credit card funds, and btc crashed to $150, did I lose my investments and was I hopelessly in debt?

Not at all, I did not sell my bitcoins and cryptos and kept paying my credit card and other bills and bitcoin went up to $20k

The experience was again repeated, when bitcoin crashed to $3k

I kept working and hodling

There's no problem... It's only a problem if you don't believe in Bitcoin and cryptos and you think it's over

https://twitter.com/x/status/1632855529490984962

 

[johnarb]

Why suffer needlessly when there's medication for that?

What you taking?

On a serious note, I am genuinely curious how your mind works wrt bitcoin never hitting $1M price

Are you able to explain it?

 

[Frederick Foresight]

What you taking?

On a serious note, I am genuinely curious how your mind works wrt bitcoin never hitting $1M price

Are you able to explain it?

lol

 

[semperfrosty]

I thought that's what you meant but I simplified it

Losing $1K in relation to btc price? Did you mean losing another 80% from here and btc at $6k?

It could happen, but that's how investments go and the person did not lose the life savings, it simply meant the valuation went down and time to keep buying and accumulating

I am speaking from experience. I bought btc at $100 and kept buying all the way to $1,200, mind you using credit card funds, and btc crashed to $150, did I lose my investments and was I hopelessly in debt?

Not at all, I did not sell my bitcoins and cryptos and kept paying my credit card and other bills and bitcoin went up to $20k

The experience was again repeated, when bitcoin crashed to $3k

I kept working and hodling

There's no problem... It's only a problem if you don't believe in Bitcoin and cryptos and you think it's over

https://twitter.com/x/status/1632855529490984962

Awesome mate!

Well done.

 

[johnarb]

If it wasn't noticeable in the tone of my posts on this thread.... I want the US to continue and go even harder in their Operation Chokepoint 2.0 against cryptos

In the US, we have too many financial privileges, such as Venmo, PayPal, Robinhood, Zelle, Visa/MC that we do not need Bitcoin and crypto assets other than as investments

Let the ones that truly need Bitcoin and crypto assets be the ones that get to own and grow this new decentralized global monetary and financial system

People from Argentina, Turkey, Lebanon, in South Africa, in Vietnam, in Philippines, in Nigeria, in Brazil, in El Salvador, in India, countries in Africa, and many others should not pay a higher price because US investors want to drive up the price, for speculative reasons

Everything is going according to plan. Stay strong crypto fam

 

[RedDuke]

Everything is going according to plan. Stay strong crypto fam

View attachment 308443

BS. none of this is coordinated. The only reason why crypto is as high as it is today is due to fake money aka stable coins. Remove them, and decline will be epic.