RE: Ex CFTC Chair: "Trump Administration Popped the Bitcoin Bubble in 2017" by jrcornel

View this thread on steempeak.com

Viewing a response to: @matthias-green/pzu93g

· @jrcornel · (edited)
To be honest, I don't think it will change things like many had originally hoped. I think that governments will not allow it to happen. I think that bitcoin will be 'allowed' to co-exist with the current financial system as an alternative investment that mostly works as a store of value. As soon as we start talking about replacing government controlled fiat, I think we are going to face an extremely difficult uphill battle. One that may not be winnable, at least anytime soon. I wish it were different, but that is how I see things playing out personally. Which is why I am not a big fan of the cryptocurrencies that are trying to compete with/replace fiat. Most likely fiat will just be digitalized.
👍  
properties (23)
post_id81,138,519
authorjrcornel
permlinkpzuc6c
categorybitcoin
json_metadata{"app":"steemit\/0.1"}
created2019-10-23 18:46:45
last_update2019-10-23 18:48:42
depth4
children3
net_rshares0
last_payout2019-10-30 18:46:45
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length704
author_reputation3,734,411,933,886,980
root_title"Ex CFTC Chair: "Trump Administration Popped the Bitcoin Bubble in 2017""
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@matthias-green ·
$0.03
All good points. The only thing is, I think we are heading right into a global conflaguration, and right quick. Derp Furor seems to be wanting to destroy Murika's reputation and strong holds around the world so that Putin, his idol, and Russia can slide right in and take over our hard won international influence, as well as our physical facilities and former command and control centers. He is aligning himself with the dicktaters of the world and, when he loses the next election, I'm sure he will try to start a revolution by stiring up the tiny minds of the animals who adore him, the sicko-fanatic Trumpanzees. Just today he called the Senators, like Mitt Romney, "human scum" for not pledging their blood and blind loyalty to him. No matter what happens, this cuntry will not continue on as it had before this moron. It will either be civil war, invasion from his dicktater allies from outside (after he dismantles our military's ability to defend the homeland effectively) or simply just a broken and divided cuntry, too infuriated within itself to accomplish anything.

This may seem negative, but I just watched a story about the Republicunts who just today stormed the SCIF that was being used for the impeachment hearings, brought their personal electronics and were recording and tweeting from within the SCIF (a HUGE no-no for anyone who knows anything about Congressional hearings). This clearly an illegal act, as it obstructed and purposely delayed a legal, proper hearing by sitting there and eating pizza. We have devolved into a pathetic, ridiculous, infantile joke where those who should be the best examples of honoring and following the law and the Constitution, do  nothing but soil it and dishonor all laws and decorum. America is dead.
👍  ,
properties (23)
post_id81,144,873
authormatthias-green
permlinkpzuqpl
categorybitcoin
json_metadata{"app":"steemit\/0.1"}
created2019-10-24 00:00:57
last_update2019-10-24 00:00:57
depth5
children2
net_rshares165,793,563,093
last_payout2019-10-31 00:00:57
cashout_time1969-12-31 23:59:59
total_payout_value0.014 SBD
curator_payout_value0.013 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length1,761
author_reputation16,895,761,786,607
root_title"Ex CFTC Chair: "Trump Administration Popped the Bitcoin Bubble in 2017""
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (2)
@jrcornel ·
Tell me how you really feel! Ha. One thing to note in all of that... If the economy holds on through the election, history says the odds are overwhelmingly in favor of the sitting president getting re-elected.
👍  
properties (23)
post_id81,145,557
authorjrcornel
permlinkpzusg0
categorybitcoin
json_metadata{"app":"steemit\/0.1"}
created2019-10-24 00:38:12
last_update2019-10-24 00:38:12
depth6
children1
net_rshares0
last_payout2019-10-31 00:38:12
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length209
author_reputation3,734,411,933,886,980
root_title"Ex CFTC Chair: "Trump Administration Popped the Bitcoin Bubble in 2017""
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@matthias-green ·
Yeah, normally that's true. These aren't normal times, however. I believe we'll be shooting at each other before that. That little shit show in Congress today shows that there is little respect for the Constitution anymore in DC. Not from the ones crashing a SCIF and not from those who didn't have the crashers arrested or shot onsite for storming a legal proceeding in a top secret location. And now, Anus Orange says he wants to build a wall in Colorado...but not in Kansas. Ever see the movie "idocracy"? Our government makes the folks in that show look like MENSA geniuses in comparison. You could not write the stoooooopidity we have to endure everyday...no one would believe it. We are at boiling temperature and this will not end well, no matter what happens. Honestly, that's why I was hoping crypto would be a way to store value as it would not be under a centralized or government control and could survive an American implosion. Now, I'm not so sure it can or will.
properties (22)
post_id81,147,853
authormatthias-green
permlinkpzuyy1
categorybitcoin
json_metadata{"app":"steemit\/0.1"}
created2019-10-24 02:58:48
last_update2019-10-24 02:58:48
depth7
children0
net_rshares0
last_payout2019-10-31 02:58:48
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length977
author_reputation16,895,761,786,607
root_title"Ex CFTC Chair: "Trump Administration Popped the Bitcoin Bubble in 2017""
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000