These powers are losing their ability to obfuscate the truth.
I learned recently that all of the Economics professors at major Universities are paid massive speaking fees by the big banks. The entire study of economics is controlled by those who wish to control the narrative. I believe this is the only way that someone could come to the conclusion that deflation would result in a "death spiral". Incentivizing people to spend rather than save will always benefit the people. If a government is looking out for its own interests as opposed to the people it's supposed to serve, than we must wrest back control of the government. Bitcoin remains the best way to do that.
China's main motive is that they want their citizens to promote their own Digital Yuan and want people's to leave the trade of other Crypto Currencies.
I have to admit one thing and I will say that I am most looking forward to reading your articles.
I think there are many reasons for this, but most importantly, I am a bitcoin lover like you and I expect a lot from him.
It is quite fitting to feel this love because it promises us economic justice and freedom.
Yes, the bad news is we're all going to die.
The good news is that we will continue to fight against poverty, injustice, those who say everything for dirty political interests and those who try to dominate the order of fear.
Bitcoin has the potential to make the world a fairer place for us all. It has the potential to allow all people, especially the poor, to have equal opportunity which is needed and way over due.
WOW that's a pretty bold statement, saying that Bitcoin will eventually kill us. I think China miscalculated their position about Bitcoin and will eventually be left out of the loop when more countries like El Salvador begin to shift their adoption.
Something as simple as “its dark outside” seems like an objective thing to say as you peer out from your window at midnight, but it’s not really.
Certainly, its dark compared to inside where you’re sitting, but if you’re situated outside and have just hand a blindfold pulled off, the midnight sky might look positively neon as you open your eyes.
The same goes for media of all kinds, including what you read in the newspaper, see on the TV and look at on your phone. Almost everything you consume is subjective.
Why do I bring this up? It is to put into context the extreme levels of FUD we are witnessing in relation to crypto currency right now. Including the specific FUD mentioned in this timely article.
Almost anything from the Chinese stated-backed Global Television Network is an obvious case in point. In this instance, the purpose of trotting out a legendary economist to shit on Bitcoin is obvious – the Chinese government has an anti-crypto agenda right now, and this is how they are delivering their message.
We are no better in the West you know. You don’t need to look far to see similar misinformation permeating our news sources.
Case in point – recall the recent news about the cyber-attack on Colonial Pipelines. This story and others like it have been getting far too much attention recently. Wayyy more than you would reasonably expect.
How about this for a news flash; cyber-attacks are not new news. They’ve been happening routinely since the internet was invented.
Ransom paid in Bitcoin is not new news either. Yet somehow this story and several others like it have been in the headlines for days and days recently, always with a warning about crypto-currency and commentary on how it’s used by criminals.
Similar, is the Bitcoin isn’t green narrative that has sprung into international headlines recently. Literally nothing has changed in this regard yet suddenly it’s being relentlessly used in negative association with Bitcoin, everywhere you look!
The statement referenced in this article “If BTC were to become a definitive currency and adopted by all of human society, I can say exactly what will happen with the worst-case scenario: we will all die” to your point Sylvain, is not an untruth. Rather it is a hyperbolic statement designed to instill fear, uncertainty and doubt in the audience.
With the above in mind, one thing to take away from this article is a realization that there is an agenda behind everything you read, as inconspicuous or thinly veiled as it may be.
And, it doesn’t matter if it’s coming from Chinese state television, Fox News or NPR – you should always be asking yourself 1) who is really saying this? And 2) what are they trying to achieve? When you think these things through, it’s likely that some important home truths will begin consistently occurring to you.
Now, if anyone wants to know more about how deep this shit really runs, give @ggreenwald a follow on Twitter and/or take a few minutes to look up Operation Mockingbird.
Basically he said “Bitcoin is bad… but look at my government regulated bullshit instead”
He really looks desperate to make people afraid of using Bitcoin. This is in some way good; now we’re sure that the powerful governments are afraid af of people using Bitcoin which tell us we’re going in a good direction.
I knew this article and interview would be interesting as soon as I read that the interview was on “China Global Television Network (CGTN), China's state-run TV channel”. China propaganda is some of the worst. It’s not surprising that they would want to bash BTC and shill their own.
Wow, yeah he said what we all know.. One day we will all die.!! Bitcoin will not be the death of us. Bitcoin can mean financially free and free from the grip of the ol 9-5 that has become the norm for most population. Get up, go to work, come home eat dinner, go to bed. Repeat... I don't want to do this until the day I die. Im hoping that cryptocurrency can free me from this live to one that I am truly happy with, and will make my family truly happy. To be financially free I'm sure is everybody's wish. I dont need 50 million dollars, but if I had it like that, I would help make alot of people's life much, much better as well. Peace
Stating obvious facts is always great just like Obama for 8 years. Didn't need an economist to tell me we're all going to die :)) I'm finally starting to come out of the mindset that, we're all going to die so why bother living. Just be as flexible as you can, be water my friend.
Sometimes I don't understand why they're so scared. The more pressure the states put, the more my confidence grows. I prevent my loss with cryptos while my money disappears where it is. I hope that one day the manipulations will end and the real technology will be revealed. Thanks for article.
Seems strange to compare Bitcoin with silver and what happened in the Ming Dynasty, although you also hear it being compared to the Tulipmania in Holland in the 1600s, so I guess leaders will give anything a go to try to discredit it.
These powers are losing their ability to obfuscate the truth.
I learned recently that all of the Economics professors at major Universities are paid massive speaking fees by the big banks. The entire study of economics is controlled by those who wish to control the narrative. I believe this is the only way that someone could come to the conclusion that deflation would result in a "death spiral". Incentivizing people to spend rather than save will always benefit the people. If a government is looking out for its own interests as opposed to the people it's supposed to serve, than we must wrest back control of the government. Bitcoin remains the best way to do that.
Great article, reminds me of my favorite cartoon strip!
Charlie Brown: One day, we will die Snoopy
Snoopy: Yes, but every other day we will live...
China's main motive is that they want their citizens to promote their own Digital Yuan and want people's to leave the trade of other Crypto Currencies.
I believe this is one of their motive for sure
My thinking :D Don't mind
Correct me if you think my assumption is wrong
I have to admit one thing and I will say that I am most looking forward to reading your articles.
I think there are many reasons for this, but most importantly, I am a bitcoin lover like you and I expect a lot from him.
It is quite fitting to feel this love because it promises us economic justice and freedom.
Yes, the bad news is we're all going to die.
The good news is that we will continue to fight against poverty, injustice, those who say everything for dirty political interests and those who try to dominate the order of fear.
Very interesting read Sylvain !
Bitcoin has the potential to make the world a fairer place for us all. It has the potential to allow all people, especially the poor, to have equal opportunity which is needed and way over due.
WOW that's a pretty bold statement, saying that Bitcoin will eventually kill us. I think China miscalculated their position about Bitcoin and will eventually be left out of the loop when more countries like El Salvador begin to shift their adoption.
It’s very hard to make an objective statement.
Something as simple as “its dark outside” seems like an objective thing to say as you peer out from your window at midnight, but it’s not really.
Certainly, its dark compared to inside where you’re sitting, but if you’re situated outside and have just hand a blindfold pulled off, the midnight sky might look positively neon as you open your eyes.
The same goes for media of all kinds, including what you read in the newspaper, see on the TV and look at on your phone. Almost everything you consume is subjective.
Why do I bring this up? It is to put into context the extreme levels of FUD we are witnessing in relation to crypto currency right now. Including the specific FUD mentioned in this timely article.
Almost anything from the Chinese stated-backed Global Television Network is an obvious case in point. In this instance, the purpose of trotting out a legendary economist to shit on Bitcoin is obvious – the Chinese government has an anti-crypto agenda right now, and this is how they are delivering their message.
We are no better in the West you know. You don’t need to look far to see similar misinformation permeating our news sources.
Case in point – recall the recent news about the cyber-attack on Colonial Pipelines. This story and others like it have been getting far too much attention recently. Wayyy more than you would reasonably expect.
How about this for a news flash; cyber-attacks are not new news. They’ve been happening routinely since the internet was invented.
Ransom paid in Bitcoin is not new news either. Yet somehow this story and several others like it have been in the headlines for days and days recently, always with a warning about crypto-currency and commentary on how it’s used by criminals.
Similar, is the Bitcoin isn’t green narrative that has sprung into international headlines recently. Literally nothing has changed in this regard yet suddenly it’s being relentlessly used in negative association with Bitcoin, everywhere you look!
The statement referenced in this article “If BTC were to become a definitive currency and adopted by all of human society, I can say exactly what will happen with the worst-case scenario: we will all die” to your point Sylvain, is not an untruth. Rather it is a hyperbolic statement designed to instill fear, uncertainty and doubt in the audience.
With the above in mind, one thing to take away from this article is a realization that there is an agenda behind everything you read, as inconspicuous or thinly veiled as it may be.
And, it doesn’t matter if it’s coming from Chinese state television, Fox News or NPR – you should always be asking yourself 1) who is really saying this? And 2) what are they trying to achieve? When you think these things through, it’s likely that some important home truths will begin consistently occurring to you.
Now, if anyone wants to know more about how deep this shit really runs, give @ggreenwald a follow on Twitter and/or take a few minutes to look up Operation Mockingbird.
~siferdub
Basically he said “Bitcoin is bad… but look at my government regulated bullshit instead”
He really looks desperate to make people afraid of using Bitcoin. This is in some way good; now we’re sure that the powerful governments are afraid af of people using Bitcoin which tell us we’re going in a good direction.
I knew this article and interview would be interesting as soon as I read that the interview was on “China Global Television Network (CGTN), China's state-run TV channel”. China propaganda is some of the worst. It’s not surprising that they would want to bash BTC and shill their own.
Wow, yeah he said what we all know.. One day we will all die.!! Bitcoin will not be the death of us. Bitcoin can mean financially free and free from the grip of the ol 9-5 that has become the norm for most population. Get up, go to work, come home eat dinner, go to bed. Repeat... I don't want to do this until the day I die. Im hoping that cryptocurrency can free me from this live to one that I am truly happy with, and will make my family truly happy. To be financially free I'm sure is everybody's wish. I dont need 50 million dollars, but if I had it like that, I would help make alot of people's life much, much better as well. Peace
Stating obvious facts is always great just like Obama for 8 years. Didn't need an economist to tell me we're all going to die :)) I'm finally starting to come out of the mindset that, we're all going to die so why bother living. Just be as flexible as you can, be water my friend.
This is more proof that crypto provides freedom, a direct threat to china and any other communist country.
Thanks for the article, this informations is very valuable.
Sometimes I don't understand why they're so scared. The more pressure the states put, the more my confidence grows. I prevent my loss with cryptos while my money disappears where it is. I hope that one day the manipulations will end and the real technology will be revealed. Thanks for article.
Seems strange to compare Bitcoin with silver and what happened in the Ming Dynasty, although you also hear it being compared to the Tulipmania in Holland in the 1600s, so I guess leaders will give anything a go to try to discredit it.