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24 members (Gut Pile 32, BRP549, Auburn1716, ALclearcut, Jstocks, dave260rem!, Parker243, 7x57_Mauser, Gobble4me757, woodduck, ImThere, MoeBuck, Jehu, James, Chad Burnette, Dixiepatriot, donia, Thread Killer, UARandy3, mzzy, desertdog, 3 invisible),
736
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Key:
Admin,
Global Mod,
Mod
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Joined: Aug 2001
Posts: 81,879 Likes: 513
GUVNER
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GUVNER
Joined: Aug 2001
Posts: 81,879 Likes: 513 |
The Epstein files are showing that Mossad and Epstein himself coordinated with the developers to create and control bitcoin. Folks are calling it Pedo-Coin and GoyCoin now and are getting the hell away from it. It looks like its perfectly traceable by the NSA and is not really off-the grid at all. Anyway, owning bitcoin is a problem for people who dont want to support pedophile networks. Many folks dont want to admit that and are angry about it. They should be but it is what it is and a spade is a spade. bitcoin is a pedophile product.
"Never Trust Government" -- Smart people. "The Great thing we should Fear and the Weird Thing we Trust is Elon Musk" -- Me "You can be broke but you cant be poor." -- Ruthie-May Webster
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Joined: Nov 2008
Posts: 10,750 Likes: 4
Booner
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Booner
Joined: Nov 2008
Posts: 10,750 Likes: 4 |
Sounds like something the Jews would create now that I think about it lol
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Joined: Dec 2015
Posts: 27,316 Likes: 252
Pumpkin - The Thermal Expert
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Pumpkin - The Thermal Expert
Joined: Dec 2015
Posts: 27,316 Likes: 252 |
Mines been dropping like a rock
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Joined: Aug 2001
Posts: 81,879 Likes: 513
GUVNER
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GUVNER
Joined: Aug 2001
Posts: 81,879 Likes: 513 |
Mines been dropping like a rock Big institutions are dumping it because of the Epstein stuff.
"Never Trust Government" -- Smart people. "The Great thing we should Fear and the Weird Thing we Trust is Elon Musk" -- Me "You can be broke but you cant be poor." -- Ruthie-May Webster
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Joined: Mar 2012
Posts: 5,234 Likes: 45
12 point
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12 point
Joined: Mar 2012
Posts: 5,234 Likes: 45 |
Surely no one really believed that the powers that be would allow an untraceable currency to be developed. Especially one that commoners were allowed to access.
I ain't fightin nobody that swings around in trees with a running chainsaw like Tarzan. - FurFlyin
Oh I just thought u were a dumba$$ 🤣 my apologies… - jb20
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Joined: Aug 2001
Posts: 81,879 Likes: 513
GUVNER
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GUVNER
Joined: Aug 2001
Posts: 81,879 Likes: 513 |
Surely no one really believed that the powers that be would allow an untraceable currency to be developed. Especially one that commoners were allowed to access. It was kind of obvious when they did not do anything to shut it down.
"Never Trust Government" -- Smart people. "The Great thing we should Fear and the Weird Thing we Trust is Elon Musk" -- Me "You can be broke but you cant be poor." -- Ruthie-May Webster
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Joined: Jan 2007
Posts: 14,506 Likes: 12
Booner
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Booner
Joined: Jan 2007
Posts: 14,506 Likes: 12 |
Crypto always felt like voodoo science to me. That said, might be a good time to invest
Feels too large to fail.
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Joined: Dec 2013
Posts: 28,352 Likes: 566
a.k.a. Dingle Johnson
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a.k.a. Dingle Johnson
Joined: Dec 2013
Posts: 28,352 Likes: 566 |
I'm glad I have always stayed mostly with ETF's.
Not that they are any better. Anytime you diversify your money across lots of stocks, at some point or another you are going to be invested in some questionable stuff.
"When I say ever thing I mean ever thing." - Frankie
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Joined: Aug 2001
Posts: 81,879 Likes: 513
GUVNER
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GUVNER
Joined: Aug 2001
Posts: 81,879 Likes: 513 |
Crypto always felt like voodoo science to me. That said, might be a good time to invest
Feels too large to fail. It absorbs excess liquidity and wastes energy for sure.
"Never Trust Government" -- Smart people. "The Great thing we should Fear and the Weird Thing we Trust is Elon Musk" -- Me "You can be broke but you cant be poor." -- Ruthie-May Webster
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Joined: Nov 2011
Posts: 13,752 Likes: 257
Booner
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Booner
Joined: Nov 2011
Posts: 13,752 Likes: 257 |
It’s also not backed by any govt, operating company, business, assets, personnel, management team,or anything of tangible physical value. It has no physical use or purpose other than imputed value transfer. It’s held in an imaginary on-line crypto wallet or bank. It’s simply a number on a piece of paper with zero value to anyone other than other crypto “investors”. It’s a classic ponzi setup, that can go to zero at any time, if and when new investors decide to quit pumping additional money into it and trading it. Might as well go to a casino and put that money on n black or red. At least that’s a physical binary bet that you can watch play out in realtime. You can see immediately if you win or lose. When all the big boys and players in crypto (it’s a very small select group that control the majority) decide to cash in their chips, hundreds of thousands, if not millions, worldwide, of small individual investors will be the ones left holding the bag, or without a chair when the music stops, and they’ll lose everything they have in it.
Last edited by abolt300; 02/04/26 07:50 AM.
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Joined: Nov 2012
Posts: 1,571 Likes: 3
8 point
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8 point
Joined: Nov 2012
Posts: 1,571 Likes: 3 |
Based on the unsealed documents released by the U.S. Department of Justice under the Epstein Files Transparency Act, there is no evidence indicating that Jeffrey Epstein was involved in the formation of Bitcoin. Bitcoin's whitepaper was published in 2008, and its network launched in 2009, with no mentions of Epstein in any context related to its creation or early core development in the released files.
The documents do reveal Epstein's later financial ties to the broader cryptocurrency ecosystem starting around 2014, including:
Participation in Blockstream's seed funding round (a Bitcoin infrastructure company), where his investment grew from $50,000 to $500,000 via an intermediary fund linked to MIT's Joi Ito.
Emails from July 2014 show discussions involving Blockstream co-founders Austin Hill and Adam Back, but these pertain to fundraising, not Bitcoin's origins.
A potential $3 million investment in Coinbase in December 2014, routed through Blockchain Capital, with partial liquidation in 2018. Records suggest awareness by Coinbase co-founder Fred Ehrsam, though no direct wrongdoing is alleged.
Donations to MIT (up to $850,000 between 2002 and 2017), some of which indirectly supported Bitcoin Core developers through the Digital Currency Initiative starting in 2015, during a funding gap for the project.
These connections appear limited to post-formation investments, networking, and expressions of interest in digital currencies (e.g., criticisms of projects like Ripple and Stellar, or ideas for new Bitcoin-based systems).
No documents link Epstein to Satoshi Nakamoto, the pseudonymous creator, or any pre-2014 Bitcoin development activities. Claims of deeper influence, such as "executive direction" or code backdoors, stem from online speculation rather than the files themselves.
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Joined: Aug 2001
Posts: 81,879 Likes: 513
GUVNER
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GUVNER
Joined: Aug 2001
Posts: 81,879 Likes: 513 |
Interesting that this popped up today. No bailouts for bitcoin. If it goes to zero, too bad.
TREASURY SAYS IT CANNOT BAIL OUT BITCOIN
Senator Sherman asked if the Treasury could intervene to “bail out Bitcoin.” Treasury Secretary Bessent responded that he has no authority to use taxpayer dollars to buy the cryptocurrency.
"Never Trust Government" -- Smart people. "The Great thing we should Fear and the Weird Thing we Trust is Elon Musk" -- Me "You can be broke but you cant be poor." -- Ruthie-May Webster
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Joined: Nov 2011
Posts: 22,605 Likes: 22
Freak of Nature
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Freak of Nature
Joined: Nov 2011
Posts: 22,605 Likes: 22 |
Based off this thread I thought Bitcoin was worthless. I checked the price today and it’s like $72,000 for one. Which is like double from 5 years ago. Doesn’t seem too bad of a return to me.
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Joined: Jul 2005
Posts: 10,280 Likes: 10
Booner
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Booner
Joined: Jul 2005
Posts: 10,280 Likes: 10 |
Based off this thread I thought Bitcoin was worthless. I checked the price today and it’s like $72,000 for one. Which is like double from 5 years ago. Doesn’t seem too bad of a return to me. It was $120,000 3 months ago
If you want to always win, never play anyone better than you!
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Joined: Sep 2012
Posts: 24,107 Likes: 297
Freak of Nature
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Freak of Nature
Joined: Sep 2012
Posts: 24,107 Likes: 297 |
Bitcoin is an extremely volatile investment.
Dying ain't much of a living boy...Josey Wales
Molon Labe
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Joined: Nov 2005
Posts: 8,202 Likes: 113
14 point
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14 point
Joined: Nov 2005
Posts: 8,202 Likes: 113 |
I can’t figure out who’s behind the curtain
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Joined: Aug 2001
Posts: 81,879 Likes: 513
GUVNER
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GUVNER
Joined: Aug 2001
Posts: 81,879 Likes: 513 |
I can’t figure out who’s behind the curtain It is the curtain.
"Never Trust Government" -- Smart people. "The Great thing we should Fear and the Weird Thing we Trust is Elon Musk" -- Me "You can be broke but you cant be poor." -- Ruthie-May Webster
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Joined: Feb 2002
Posts: 46,052 Likes: 232
Freak of Nature
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Freak of Nature
Joined: Feb 2002
Posts: 46,052 Likes: 232 |
Interesting that this popped up today. No bailouts for bitcoin. If it goes to zero, too bad.
TREASURY SAYS IT CANNOT BAIL OUT BITCOIN
Senator Sherman asked if the Treasury could intervene to “bail out Bitcoin.” Treasury Secretary Bessent responded that he has no authority to use taxpayer dollars to buy the cryptocurrency. Why not? It's not printed notes nor gold bullion. It's just numbers on a screen that gets posted and swapped back and forth. Printed money just gets more printed and numbers sent to this account and that account. Can't redeem those numbers for gold at the credit union. Eventually we're gonna be in a situation of bartering with carrots, cabbage and chickens. Probably not too far out from today.
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Joined: Dec 2013
Posts: 28,352 Likes: 566
a.k.a. Dingle Johnson
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a.k.a. Dingle Johnson
Joined: Dec 2013
Posts: 28,352 Likes: 566 |
Virtually all currencies are fiat currencies and they are only backed by "good faith and trust" in the governments that issue them.
PS: You would be surprised at how much gold the US holds for other countries.
Last edited by Irishguy; 02/04/26 01:38 PM.
"When I say ever thing I mean ever thing." - Frankie
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Joined: Mar 2014
Posts: 3,336 Likes: 26
10 point
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10 point
Joined: Mar 2014
Posts: 3,336 Likes: 26 |
Bitcoin is an extremely volatile investment. My financial advisor told me a long time ago that he might possibly buy bitcoin for himself but would never buy it for his clients.
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