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Hello,
my account was hacked, so I had no choice but to sign up again with a different email.
Bitcoin has become more of an betting app, please are just betting weather its price will go up or down. It's no way near the real world applicaton of currency exchange.
It's unfair with people buying bitcoin @ 1 USD and selling at 65k USD. Bitcoin price should not be judged but the price of commodities using bitcoin has to be judged. Somewhere the logic is lost. Any currency in the world has to be connected to the parameters of supply chain. Example, for a sample population of 1000 people if 1000 eggs are generated in a day then the price would be near the production cost plus a standard profit margin, but if 250 eggs are produced then the price would go up due to less supply and more demand. This will serve in two purposes, one is fair distribution irrespective of demand, planning and scaling production based on demand. You should have gone deeper. All goods today are fake inflated by value. With a high extent of digitization and readily avaliable applications, we can get standard supply chain parameters. Assymetry of information is directly resulting in someone having the ability to control and inflate the prices which can only be removed by decentralizing the supply chain data (which actually means decentralizing ---- not decentalizing the banking system).
Better to dissolve the bitcoin so that a better excahnge evolution comes and people start to think deeper on how the value is decided (rather than transaction platform). The way I see now, almost all major economies - USA, Europe, Asia are moving into a civil war with a sight on larger good and decentralized supply chain system. Economy should be seen as goods and services, rather than the mere monetory value.
Incoherent ramblings riddled with inaccuracies & errors.
Your FUD has been weighed & rejected.
I see that this thread is kind of alive (hopefully).
I have been working on Swaptacular for quite some time now. Maybe you will be interested to check it.
We are contemplating a new world order. We express serious concerns about the increasingly centralized cryptocurrency market, now dominated by libertarians and certain Jews groups.
Bitcoin today no longer functions as the decentralized and electronic currency system we initially envisioned. Therefore, we reached out to like-minded individuals and groups with new potential, and we found them through the P2P Foundation forum, just as we did in the beginning.
We have been in communication with them for the past year, and soon, we will officially introduce them. We must create a new society beyond capitalism one that can truly ensure sustainability for humanity and the entire planet.
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