OutlawJoseyWales
Executive Member
- Joined
- May 1, 2022
- Messages
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Do central banks own Bitcoin?
If central banks don't own Bitcoin, then they who control finance such as them around the world have no reason to use it or see it used in any position of importance.
It would be very easy for governments just to ban Bitcoin.
What happens when the next Bitcoin comes around. Bitcoin is only doing so well because it was the first.
When CBDCs become the norm there's a good chance Bitcoin will start to lose some of it's lustre.
When BRICS+ get around to introducing their own digital currency backed by gold/or whatever assets they choose, people will flock to it.
This is my opinion, but Bitcoin is the beginning or introduction into digital money, not the end. It had it's use but will soon have served it's purpose and something more controllable by the powers that be will be introduced.
What, you thought that world governments would allow an "uncontrollable" source of wealth to run free and dominate digital forever, no, when the time comes it will be cut off.
There's not enough to go around and too much is in the hands of the 'ordinary people' to make it useful to governments and central banks.
And the dream of Hodlers that Bitcoin would ever become the world's reserve currency just shows a complete naivete on the part of the dreamers.
Max Keiser should know better, but he has buried his head deep deep in the sand because he is all in, even making fun of those who stick to the things that have survived thousands of years of trade like gold and silver.
