Bitcoins - about to hit $5,000 per coin today!

[SOMEPARTS]

When the IFM world banks do the "great reset" in 2021 and ban cash to go all digital 1 world currency................


Which current digital currency are they going to choose?

Their own. Doubt 2021...they have to erode confidence in other competing cryptos first. BTC is old tech, takes way too much power to transact in a way the leeches can feed from it through fees.

[TheGrinch]

Their own. Doubt 2021...they have to erode confidence in other competing cryptos first. BTC is old tech, takes way too much power to transact in a way the leeches can feed from it through fees.

Makes sense.. thanks

[Mr Anabolic]

Good morning Mr A. Here is great clip, that with quite simple to understand yet compelling explanations, addresses every single one of your objections and misconceptions about Bitcoin. This is one of the clearest overall discussions I have seen on Bitcoin for the common layman.

Watch it, and then get back to me if you still have any doubts or questions!

Here is vid you really need to watch.  Please let me know if you have any doubts or questions! 

[Mayday]

When the IFM world banks do the "great reset" in 2021 and ban cash to go all digital 1 world currency................


Which current digital currency are they going to choose?

Banks here use ETH ss their platform.

The govt supported PWR for energy.

Do you mean 'world currency' as in what the USD is today? or do you mean all countries will dump their local.currency and use only one?

[TheGrinch]

Banks here use ETH ss their platform.

The govt supported PWR for energy.

Do you mean 'world currency' as in what the USD is today? or do you mean all countries will dump their local.currency and use only one?

according to the world economic forum, there will be a single world only digital currency at some point in the near future - no other currencies digital or physical will exist

[Humble Narcissist]

according to the world economic forum, there will be a single world only digital currency at some point in the near future - no other currencies digital or physical will exist

This will happen during the Great Reset.

[affeman]

according to the world economic forum, there will be a single world only digital currency at some point in the near future - no other currencies digital or physical will exist

Then it won't be BTC, as a "world currency" limited to 21 million units wouldn't work lol

[Mayday]

according to the world economic forum, there will be a single world only digital currency at some point in the near future - no other currencies digital or physical will exist

Ask them to define 'near future' lol.

Lots of things will happen before that scenario. We will get plenty of advance notice because it isn't something that is turned on overnight. The euro had a long leadup.  I own a business that runs projects in banks so we will understand what the plan is.

The basis for such is a  model from a basal income structure because you can control wages, inflation and.growth a lot easier than today. A lot of what i talk about here is all about this. It will still be an expansionary monetary system like we have today. notice they aren't calling it a crypto but a digital currency.

Handouts by the end of 2021 should become an established thing and they will refine those over 2022 and 2023.

[FitnessFrenzy]

[epic is back]

This will happen during the Great Reset.

this a title of a youtube video?

[gib]

Here is vid you really need to watch.  Please let me know if you have any doubts or questions! 

Yes its a good song. That is indeed the nature of investments, They carry risk and promise reward. As an investor we need to make the optimum choice.

So what do you think of the video I posted?

[TheGrinch]

this a title of a youtube video?

No its the new world order plan they themselves speak about here on their own website

https://www.weforum.org/great-reset/


Its out in the open in case you want to read/watch

https://www.weforum.org/agenda/2020/07/covid-19-the-great-reset/

Free Kindle of the book they themselves wrote:

https://www.amazon.com/dp/2940631123

[Teutonic Knight 1]

Vince, have you ever bought any Van Gogh's paintings with those imaginarians ................

[gib]

Vince, have you ever bought any Van Gogh's paintings with those imaginarians ................

If its me you are referring to, no I don't have a Van Gogh. However, I do have a Picasso sketch which I bought at a charity auction. I also nearly purchased something an Andy Warhol painting. (Neither are as expensive as you might imagine). The Picasso I got for around 14K. The Warhol bidding, at another event, got to 150K at which point I dropped out. I'm not a fan of art as investment.

[gib]

Good morning Mr A. Here is great clip, that with quite simple to understand yet compelling explanations, addresses every single one of your objections and misconceptions about Bitcoin. This is one of the clearest overall discussions I have seen on Bitcoin for the common layman.

Watch it, and then get back to me if you still have any doubts or questions!

So Mr A (or anyone else). Is there anything in this video that you want to ask about, or disagree with? Everything presented there is correct (except arguably one minor point on the topic of intrinsic value). Stubborn as you are, I urge you please to watch this video. And then get back to us if you still continue to hold your irrational and incorrect views on the validity of Bitcoin.

[polychronopolous]

$275bn+ Hedge Fund Guggenheim Considers $500 million Bitcoin Investment


The investment firm could invest up to $500 million of investors’ cash in the cryptocurrency.


Global investment firm Guggenheim Partners is considering investing hundreds of millions of dollars in a Bitcoin trust.

The firm on Friday made a filing to the US Securities and Exchange Commission saying that it would reserve the right for its $5.3 billion Macro Opportunities Fund to put 10% of its net asset value in the cryptocurrency via the Grayscale Bitcoin Trust.

“The Guggenheim Macro Opportunities Fund may seek investment exposure to bitcoin indirectly through investing up to 10% of its net asset value in Grayscale Bitcoin Trust (“GBTC”), a privately offered investment vehicle that invests in Bitcoin,” the note said.

GBTC allows investors to trade shares in trusts holding large pools of Bitcoin. As the world’s largest crypto hedge fund, it allows investors to trade these shares on the stock market. This way, investors don’t actually have to deal with holding the asset—they just hold shares that represent investments in Bitcoin.

Guggenheim’s Macro Opportunities Fund is one of Guggenheim Partners’ funds, handling $5.3 billion worth of investors’ cash.

The firm’s possible future investment means that they think Bitcoin could be a safe bet for their clients.

But the note to the SEC did mention the risks involved in investing in cryptocurrencies.

“In addition to the general risks of investing in other investment vehicles, described further below, the value of the Fund’s indirect investments in cryptocurrency is subject to fluctuations in the value of the cryptocurrency, which can be highly volatile,” the note added.

https://decrypt.co/49877/guggenheim-partners-to-invest-in-grayscale-bitcoin-trust

[Humble Narcissist]

You guys are getting sucked in.

[polychronopolous]

Russia to Recognize Bitcoin as Property With Legal Protection



The Russian prime minister has outlined the government’s plans to amend existing laws to recognize cryptocurrency as property. This means bitcoin owners will have the legal rights to defend and recoup their cryptocurrencies in court.

During the government meeting on Thursday, Russian Prime Minister Mikhail Mishustin talked about Russia’s plans for cryptocurrency regulation alongside other initiatives to fight against the spread of the coronavirus pandemic.

After outlining several solutions the Russian government has come up with, Mishustin said, “Another solution concerns cryptocurrencies.” He added that “This is a relatively new tool, interest in which is constantly growing.”

The Russian prime minister continued: “The government plans to direct the development of this market in a civilized direction so that the owners of such assets can protect their rights and interests, and the creation of shadow schemes would be difficult.” In order to achieve this, Mishustin said, “Let’s make a number of changes to the tax code,” elaborating:

 Digital financial assets will be recognized as property, and their owners will be able to count on legal protection in the event of any illegal actions, as well as defend their property rights in court.

Although there have been discussions among lawmakers to treat bitcoin as taxable property, it is not yet official. Different courts have, therefore, made their own decisions whether to recognize the cryptocurrency as property. In July, a Russian court denied a crypto owner the return of his cryptocurrencies, including bitcoin. The court judged that since bitcoin was not considered property under Russian law, its theft was not a crime. In December last year, the supreme court ruled that tokens were assets like money and property.

Russia will begin regulating cryptocurrency next year; President Vladimir Putin signed the crypto bill into law in August. However, Russian lawmakers are still trying to add to the bill.

In November, the Ministry of Finance developed new amendments to the crypto regulation, introducing new rules and penalties for unreported and underreported cryptocurrencies. Meanwhile, the Bank of Russia is seeking public comments on the central bank digital currency (CBDC), the digital ruble.

https://news.bitcoin.com/russia-recognize-bitcoin-property-legal-protection/

[SOMEPARTS]

Russia to Recognize Bitcoin as Property With Legal Protection



The Russian prime minister has outlined the government’s plans to amend existing laws to recognize cryptocurrency as property. This means bitcoin owners will have the legal rights to defend and recoup their cryptocurrencies in court.

During the government meeting on Thursday, Russian Prime Minister Mikhail Mishustin talked about Russia’s plans for cryptocurrency regulation alongside other initiatives to fight against the spread of the coronavirus pandemic.

After outlining several solutions the Russian government has come up with, Mishustin said, “Another solution concerns cryptocurrencies.” He added that “This is a relatively new tool, interest in which is constantly growing.”

The Russian prime minister continued: “The government plans to direct the development of this market in a civilized direction so that the owners of such assets can protect their rights and interests, and the creation of shadow schemes would be difficult.” In order to achieve this, Mishustin said, “Let’s make a number of changes to the tax code,” elaborating:

 Digital financial assets will be recognized as property, and their owners will be able to count on legal protection in the event of any illegal actions, as well as defend their property rights in court.

Although there have been discussions among lawmakers to treat bitcoin as taxable property, it is not yet official. Different courts have, therefore, made their own decisions whether to recognize the cryptocurrency as property. In July, a Russian court denied a crypto owner the return of his cryptocurrencies, including bitcoin. The court judged that since bitcoin was not considered property under Russian law, its theft was not a crime. In December last year, the supreme court ruled that tokens were assets like money and property.

Russia will begin regulating cryptocurrency next year; President Vladimir Putin signed the crypto bill into law in August. However, Russian lawmakers are still trying to add to the bill.

In November, the Ministry of Finance developed new amendments to the crypto regulation, introducing new rules and penalties for unreported and underreported cryptocurrencies. Meanwhile, the Bank of Russia is seeking public comments on the central bank digital currency (CBDC), the digital ruble.

https://news.bitcoin.com/russia-recognize-bitcoin-property-legal-protection/

Sounds legit. 

[polychronopolous]

Sounds legit. 

 

[SOMEPARTS]

Biden confirms Janet F'ING Yellen for Treasury Secretary. Good God, haha. The swamp rages.


A look into her brain 2017:

https://www.reuters.com/article/us-usa-fed-yellen-idUSKBN19I2I5

"U.S. Federal Reserve Chair Janet Yellen said on Tuesday that she does not believe that there will be another financial crisis for at least as long as she lives, thanks largely to reforms of the banking system since the 2007-09 crash."

[loco]

Biden confirms Janet F'ING Yellen for Treasury Secretary. Good God, haha. The swamp rages.


A look into her brain 2017:

https://www.reuters.com/article/us-usa-fed-yellen-idUSKBN19I2I5

"U.S. Federal Reserve Chair Janet Yellen said on Tuesday that she does not believe that there will be another financial crisis for at least as long as she lives, thanks largely to reforms of the banking system since the 2007-09 crash."

LOL

[Teutonic Knight 1]

If its me you are referring to, no I don't have a Van Gogh. However, I do have a Picasso sketch which I bought at a charity auction. I also nearly purchased something an Andy Warhol painting. (Neither are as expensive as you might imagine). The Picasso I got for around 14K. The Warhol bidding, at another event, got to 150K at which point I dropped out. I'm not a fan of art as investment.

Yeah it's you G.VINCE !.

Post pics of that Picasso 

[epic is back]

No its the new world order plan they themselves speak about here on their own website

https://www.weforum.org/great-reset/


Its out in the open in case you want to read/watch

https://www.weforum.org/agenda/2020/07/covid-19-the-great-reset/

Free Kindle of the book they themselves wrote:

https://www.amazon.com/dp/2940631123

oh man!!

thanks bro

so i can go on amazon to learn how im being tricked?

cool bro

any other links or dead end pathways you recommend?

you retired?

how's your portfolio?

fixed income?  i hope not bro

[Mayday]

LOL

I know right.

Fkn 74yrs old! No shit the financial system won't collapse in her lifetime LOL.