TESLA SHOULD CANCEL THE CYBERTRUCK

[John K]

If I cut a coin in two, did I mine two Bitcoin?

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[PointHope]

To date, Bitcoin has mostly been about enabling criminal activity and being a weird self-propagating pyramid scheme.

Criminal activity according to who?

Is cannabis native medicine criminal?
According to USA Federal Law cannabis use is felony.
The same federal government who devaluates your monetary assets and sends your children to foreign wars.
Something very wrong with this picture.

 

[PointHope]

If I cut a coin in two, did I mine two Bitcoin?

1 bitcoin = 100,000,000 Satoshi
5000 Satoshi will buy a cup of coffee in San Salvador.

1 Satoshi can be divided again by 100,000,000 when necessary. Using the same globally decentralized computer network.

 

[Ogre]

Criminal activity according to who?

Is cannabis native medicine criminal?
According to USA Federal Law cannabis use is felony.
The same federal government who devaluates your monetary assets and sends your children to foreign wars.
Something very wrong with this picture.

LOL

I wouldn’t be surprised if the most common use of Bitcoin aside from speculation is facilitating ransomware payments.

 

[Crissa]

My bank has a minimum deposits not minimum balance.

And that's not an argument, it's a funding model. Bitcoin doesn't have a funding model for processing point of sale.

And no, the feds don't have a prohibition on the use, it's the sale they have a prohibition on, with the presumption of possession is to sell or evidence of sales.

-Crissa

 

[PointHope]

LOL

I wouldn’t be surprised if the most common use of Bitcoin aside from speculation is facilitating ransomware payments.

FYI
every Bitcoin transaction is fully transparent.
There are currently FBI agents in jail for stealing Bitcoin from Silk Road founder Ross Ulbricht.

 

[Crissa]

That doesn't umm, support your argument that bitcoin is not used for crime, that it was used for crime.

-Crissa

 

[Deleted member 3316]

Hopefully they will tread carefully, the sail pillar is structural.

It would be interesting to see what you can do if you don’t care about towing or hauling 3500 pounds. Suddenly the structural needs of the truck change quite a bit.

I’m sure in 3-4 years we’ll see some crazy things done with Cybertrucks… some with disastrous results.

I think there’s more material than required in that sail pillar I reckon a 90mm tube roll cage would solve many issues.

 

[John K]

The same federal government who devaluates your monetary assets and sends your children to foreign wars.

All wars are better fought on foreign soil.

 

[Ogre]

FYI
every Bitcoin transaction is fully transparent.
There are currently FBI agents in jail for stealing Bitcoin from Silk Road founder Ross Ulbricht.

It is also the ONLY method of payment for ransomeware blackmail payments. Transparency doesn’t make any difference when the criminals are in foreign countries and the governments have no interest in pursuing crime.

 

[Dusty]

*** Steps on Soap Box & Taps on Microphone ***

Ahem, is this thing on? The argument that bitcoin is used for crime and is "bad" is flawed. Especially when you consider that 90% of all cash in circulation has traces of narcotics on it. I don't hear people saying cash is bad because it's used to pay off too many kidnappers and drug dealers.

I hate to say it this way, but it's a 3rd World "thing", and money is money in the end. "We" might not use Bitcoin heavily, but it is legitimately used in places we don't think about. In countries where rural traders travel village roads to conduct business they do transactions on mobile devices using bitcoin. They then upload their transactions and erase the phone at the end of the day before traveling home. Before this, they would often be robbed and murdered when traveling home at the end of the day. In countries like that, if they made it home they then had to take their cash to the bank. Guess what--The local militia would then "tax" the merchant on their way in to deposit their money. Warlords or despots would also scrub bank ledgers to know who has how much money. So, using the bank isn't a good option either. More than 4 billion people live in conditions where that's life. In regions throughout Africa there were measurable drops in murder and robbery, and many "warlords" ran in to money problems because the populace found a way to shield their money.

Bitcoin actually facilitates several billion dollars worth of transactions daily, giving it a massive cash foundation and a huge volume of cash throughput. If you look at bitcoin only through American markets and dollars you don't see much. But, from a burgeoning economy & global transactions perspective it passes the legitimate-money-sniff-test, for sure. It may not be worth Trillions like the traditional western market, but I don't think anyone here is big-time enough to turn their nose up at a system that puts Billions of dollars into play DAILY.

It's not just for hackers and ransom payouts; that's the "clickbait" and "breaking news" narrative. Bitcoin is going to be relevant for many reasons, one of which is that extremely wealthy people you've never heard of have money tied up in it and are nursing it like a newborn.

 

[Crissa]

I find it rather dubious that anyone legitimate uses bitcoin like that. That doesn't sound like legitimte business at all.

You'd need a sat phone, accounts and cloud processing, and how are you going to pay for all that?

-Crissa

 

[Ogre]

I hate to say it this way, but it's a 3rd World "thing", and money is money in the end. "We" might not

You can have digital, secure transactions without consuming more power than a small country does.

Block chain technology is itself not terrible, it is Bitcoin and it’s monstrous, sun dimming power requirements which is bad. “Mining” coin is insanely wasteful.

 

[PointHope]

I find it rather dubious that anyone legitimate uses bitcoin like that. That doesn't sound like legitimte business at all.

You'd need a sat phone, accounts and cloud processing, and how are you going to pay for all that?

-Crissa

Actually all you need is cheap android device and an internet connection to perform p2p commerce, globally.
We are witnessing a major shift in global banking.
Part of the reason for the current globalist, King Charles freakout calling for military rule over carbon emissions.
BTW every human being on the planet is a 'carbon emission' this fascist tyranny seeks to dominate/control.
Previously they hid the fraud very cleverly.
But with Bitcoin the cat is out of the bag. Individual financial freedom from bankster cartels is now a reality.

 

[PointHope]

It is also the ONLY method of payment for ransomeware blackmail payments. Transparency doesn’t make any difference when the criminals are in foreign countries and the governments have no interest in pursuing crime.

Actually cash is preferable.
But there is currency like Monero which serves the privacy function.
Problem with Monero is a fundamental security and double spending flaws.

Also consider that much of the crime around the world is regarding the USA 'war on drugs' catastrophe.
End the war on drugs/war on native medicine, and most crime would literally disappear.
It's been going on for 100+ years and has become highly nuanced.
Read this Alfred McCoy to gather how long and large the deception really is.

https://ia800900.us.archive.org/3/i..._The_politics_of_heroin_in_Southeast_Asia.pdf

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