Playing The Game
Recently I made a comment to one of my go to bloggers here when it comes to crypto perspectives, @edicted. When it comes to analyzing trends and cycles his predictions often leave one wondering if he is some kind of crypto prophet. Despite that, sometimes there is a parting of understanding between us (one that I find prevalent within the cryptosphere) that I believe needs addressed. It regards ideas such as inflation, privacy and security.
Before I delve into that, I also wanted to share a video I watched about a week ago. It is a speech given by John McAfee. I really didn't know much about him, other than his computer security software that made him rich really wasn't all that great despite being one of the popular software brands back in the day. That and he seems a little nuts, what with all his talk of eating himself if Bitcoin doesn't do this or that. You gotta love the idea that he sails the waters with his wife, flipping the bird at governments as they post pictures of themselves armed with weapons that are like flyswatters compared to the weapons those they flip the bird to possess. Or do you gotta love it? Seems a bit over the top, creating a programming that one can actually do this type of stuff. The powers that be can topple governments in days, but they shake in fear at the thought of this man and his wife on their little boat with their weaponry.
Anyways, he is a gifted speaker (speechwriters?), as is shown in the video below.
Back to my comment to edicted now, as I want to not only elucidate it more clearly, but expand on it. My comment and his response by post can be found here.
https://steemit.com/tldr/@edicted/re-practicalthought
In the post, he makes a statement that I see many believe to be true, one that feels like a programming as much as those who believe McAfee and his wife can sail openly saying FU to the power brokers of world and not be taken out. It is this comment right here.
Still, Bitcoin is a big problem simply because they can't inflate it. People are about to realize how badly they've been getting fleeced when Bitcoin continues to double in value each year.
I don't understand this idea that it can't be inflated. I am thinking the many people who bought Bitcoin at 15k or 20k are in disagreement that it can't be inflated. I'm not sure how much Bitcoin has to be bought to significantly move the valuation upwards, nor how much needs be dumped to drive the price downwards, only that we have verifiable proof these things are not only possible, but have happened. A quick glance at the historical values bear this out.
https://www.coindesk.com/price/bitcoin
I mentioned in a previous post about wash trading accounting for possibly up to 95% of volume in the crypto world.
https://steemit.com/crypto/@practicalthought/the-next-alt-season-likely-wont-be-what-you-expect
Wash trading to drive prices up, the opposite can occur when large holders begin dumping. As my comment to edicted asked
Does anyone keep track of the Federal governments Bitcoin wallets? Being the largest holders of Bitcoin would allow them to do wash trades, or the reverse which would suppress prices.
Of course, those holdings are the Bitcoin they have CONFISCATED from people using their "war on" laws to justify it. I would imagine there is quite a bit of Bitcoin in the shadows that are being bought and sold from wallets owned by those who can create the currencies we use to VALUATE the worth of the crypto holdings.
Please really think on the above statement. How can anyone believe that any crypto holding is immune to inflation/deflation when those who create the script it is valuated against can buy in/sell out as easily as any one of us. Easier actually as they can create as much script as they want from thin air to buy whatever they want. Viewed in this light, it's easy to see they pump and dump crypto to a point, in effect making the exchanges a smaller little currency printing press for themselves as they create new bag holders in cycles. Always in cycles so they can entice more bag holders in by showing strong hands that stayed the course made profits.
Privacy
The idea that anything we do on our computers and phones, using services by companies that openly record as much about us as they can seems naive. The software programs we use have proven time and again to come with back doors .
Government back doors
I could list other known exploits, but will let you look if you're still unconvinced.
I'm also of the opinion that whatever data is transmitted through the fiber optics and satellites is not secure from their deciphering, regardless of what security protocols you may use. This is just my opinion however, one that has no direct proof is the case. However, it seems logical to conclude they would never give us a means of privacy when they double down by the day on their ways to record our every doing with their internet of things and growing public cameras.
None of this even addresses normal tech geniuses who may compromise you. Best bet if these folks with mad tech skills can hack large corporations and government, the 40.00 security suite down at the Walmart means jack shit if they want in.
So Why Bother
The crux of it all. Why bother? There really isn't an escape from what they push. They invade corners that shouldn't even hold interest for them, as they would leave no secret places from their view. They control the currency, which gives them control over enough of the tech and dialogue as the masses scurry to gain that currency they would sell grandma out for just a bit more. Knowing this is exactly why one bothers.
If you have no choice but to play their game, you understand their rules and utilize them to position yourselves better with as little harm to others as you can. It's obvious to me that they want crypto. Currency can exchange hands in secrecy (to an extent). Crypto will always live on, recorded in the blockchains for future scrutiny. Plus. as I said, it is a form of printing press for those whose currency is the barometer of value for it. Using their pump and dumps, using their planned growth in valuation (edicted shows Bitcoin doubles annually) to your advantage is playing the game they insist you play smartly. Just don't lose sight of whose game it is, and why IT IS THEIR GAME. Don't let folks like John McAffee trick you into thinking you can be all private and sail waters saying FU, as folks like the Rothschild's wring their hands in despair that you're going to make it all come crashing down. We are being farmed by those who have this down to a science, and if they control the richness of the soil, they control the outcome.
To listen to the audio version of this article click on the play image.
Brought to you by @tts. If you find it useful please consider upvoting this reply.