In fact, it is a painful article, but it is very expressive of the bad reality that Bitcoin has reached after it was hijacked by some greedy people, and now things are getting worse because of governments that have begun to contain Bitcoin in a circumventing way.

Most people currently only care about the price of Bitcoin and do not care about the other unique features of Bitcoin, and because of their greed, governments have been able to control Bitcoin by controlling centralized and decentralized third-party services.

I see that Satoshi's dream is about to be lost, and Bitcoin today is very different from Satoshi's vision when it was created

Quote from: Peter90 on May 22, 2024, 07:37:19 PM

You can think whatever you like and you can write whatever you like
I can think whatever I like and I can write whatever I like

Fair enough?
Fair enough

So, this is what I think:
It would be better if you Admin and other moderators stop bashing Musk because it makes you look like a bunch of lefty liberals

Once again you tell us what we should do or think, you who talk about free speech, you tell us again how we have to speak.

"On 28 March 2023, the Shanghai Petroleum and Natural Gas Exchange (SHPGX) made history by announcing the first-ever deal on importing 65,000 tons of liquefied natural gas (LNG) from the UAE, settled in the Chinese yuan currency."

thecradle.co



"China's attempts to internationalise the yuan are finding fruit in the Gulf states. These states, particularly the United Arab Emirates and Saudi Arabia, are strengthening their financial cooperation with China through currency swap agreements, cross-border trade settlement arrangements and digital currency collaboration efforts.

On 28 November 2023, the People’s Bank of China and the Central Bank of the United Arab Emirates renewed their currency swap agreement worth US$4.89 billion for five years. Both banks also signed a memorandum of understanding to enhance collaboration in digital currency development."

eastasiaforum.org



"The key to understanding it all is Chinese President Xi’s recent historic visit to Saudi Arabia and other Gulf Cooperation Council (GCC) states to launch, in his words, “a new paradigm of all-dimensional energy cooperation.”
The GCC includes Saudi Arabia, Kuwait, Qatar, Bahrain, Oman, and the United Arab Emirates.
China is the GCC’s largest trading partner.

During Xi’s visit, he made the following crucial remarks (emphasis mine):
“China will continue to import large quantities of crude oil from GCC countries, expand imports of liquefied natural gas, strengthen cooperation in upstream oil and gas development, engineering services, storage, transportation and refining, and make full use of the Shanghai Petroleum and National Gas Exchange as a platform to carry out yuan settlement of oil and gas trade.”

internationalman.com





...............

Quote from: Peter90 on May 23, 2024, 09:10:44 PM

Quote from: Freemind on May 05, 2024, 07:53:35 PM

what I do know is that he has been attacking Bitcoin for many years.

Not true
Stop smearing people putting words in their mouth freemind

Ver has been attacking a "BTC" that didn't work anymore as a mean of payment but just as a tool to make money
There you go freemind
What Happened To Bitcoin?

Ver has been promoting a coin that should fulfil the task of BTC according to its original goal - which is to replace fiat.

You are smearing Ver as a BTC traitor.
BTC traitors are those crypto people - how about you - who are accustomed to use BTC just as a tool to make money.

You call Ver parasite.
In my view parasites are those - how about you - taking advantage of a currency that was meant to replace fiat with sound money - to improve society - and turning it simply into a tool to make money.


Let's not multiply the threads unnecessarily
Roger Ver has been arrested

Source: https://twitter.com/rogerkver/status/962366940793667584

I could give many more examples, but I think one is more than enough. Now all you have to do is say that Craig Wright is Satoshi...

It's true that this is "just" a case of tax evasion

For young people, they may prefer BTC to Gold.

Quote from: Peter90 on April 20, 2024, 04:23:42 PM

Gone is the talk of separating money and state, of a market-based means of exchange, of genuine revolution that would extend from money to the whole of politics the world over. And gone is the talk of changing the operation of money as a means of changing the prospects for freedom itself. The enthusiasts around Bitcoin have different goals in mind.

Many people are associating the value of Bitcoin with its ups and downs on the price and not so much of the things that can benefit the people and the society. I would fairly say that greed is now the moving factor with most of the people involved with Bitcoin and I would also say that it would be this can be true for years to come.

My usual argument against this assumption is that it is not only BTC mining that is posing a danger to the environment from carbon emissions, Before mining of Bitcoin started there have always been carbon emissions from industrial actions and exhaust fumes of vehicles during transportation, and fossils have always been burnt for electricity.

When there's a reserve of electricity (caused by having lots of miners using a fixed amount of GW at any given time), then you can basically unlock it during a crisis by contractually obliging the miners to shut off their equipment.

It becomes a bit of a problem when no contractual measures or legal agreements are put in place between the utility and the miners though.