Ironically - Bitcoin has proven to be so useful, there's a higher probability it'll be Outlawed!💸💸💸💸💸💸💸🔫🤠🤠🤠🤠🤠🤠🤠

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Screenshot 2021-08-03 at 3.04.18 PM.png

Bitcoin may be Outlawed, like gold was in the 30s!

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Source: Government Confiscation - Gold Outlawed - May 01, 1933!
Today I watched an interesting interview of Ray Dalio called Yahoo Finance: SuperCut. In the interview Mr. Dalio mentioned everything from the Economy to Bitcoin, and reasons why he thinks Bitcoin will be Outlawed in the future!

Screenshot 2021-08-03 at 3.31.22 PM.png In the interview Dalio Talks Stocks, Finance, and Bitcoin, everything from interest rates to the S&P!

"The sole purpose of an investment is so you can sell it to buy something you want." - Ray Dalio

On average, in the US, it takes 50 years to receive 100% of your real return on investment back. In some other countries it may take even longer, as long as the USD is the reserve currency of the world. As soon as you throw in a cryptocurrency to this equation, that doubles in value (or more) every 4 years, you can see how this might create imbalances in the financial system.

Screenshot 2021-08-03 at 5.53.23 PM.png

Basically if you could just buy anything, in the US, that didn’t depreciate in real terms, you’d be rich!

The key to becoming rich is to find an asset that at least matches inflation. There is a fine balance between debt, inflation, and prosperity. When one of these factors goes out of wack, investors are forced to look elsewhere than the dollar, i.e. Silver, Gold, & Bitcoin. This however could be perceived by the Government to be a slippery slope where their in house USD currency is the mountain. In order for the Government to insulate their sovereign currency system monopoly, it has to always be number one, thus Governments might be forced to outlaw the King.

slide-21.jpg Image Source: PPT-Online.org

Looking at the past - Money powers control, & dictates the future! 🔮

Originally the Bank of England decided they wanted a monopoly on their money, basically they didn't want any other monies. This has been the norm for most countries throughout history, so one could infer that there is a high probability that Bitcoin will becoming Outlawed in the future. For instance countries like India, and China are already trying to outlaw the ownership of crypto.

Governments can try to ban BTC, but it's decentralized so can it really be Outlawed? Yes & No!

Yes Governments can ban it, & No banning it wouldn't ever be 100% effective in stopping it. The best Governments can do is make it near impossible to use public ledger cryptos like Bitcoin, since they are so easily trackable by the governments, ai, and soon to be quantum computing ai suystems. The governments and the banks control all the on and off-ramps of capital movements, and foreign exchange controls, making it very hard for the average Joe Crypto to easily use it. All that would be left for bitcoin would be the hardcore enthusiasts forced to use it at their own risk of imprisonment, fines, & most likely would be forced barter with it underground.

In Conclusion Ray Dalio thinks there's a very high probability that Bitcoin will follow the path of Gold in history, and become outlawed in the end!

Outlawing Bitcoin as a means of currency control in the US might be the ironic twist of fait waiting for BTC down the road. Bitcoin has proven itself to be sound money over the years, unhackable, decentralized, in limited supply, fungible, and near "perfect money" however, perfect money can never compete with Monopoly money in a one world order system. Logically speaking, one of the two will have to go in the end. It's going to be a battle of power between fiat and crypto for the future ownership of the world's assets, and the only thing seemingly getting in the way of the elites might just be Bitcoin!

Watch the Video here:

I queued up the spot in the video where Mr. Dalio talks about Bitcoin.

Follow @coininstant for more!



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41 comments
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Interesting publication. Thank you. Have a nice day.

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Yes it can happen, but first I see also that Gold&Silver and also crypto monies go up lot. So try have them in you wallet all time.

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OK, thanks for the tip. I have done a lot of gold and silver trading too in the past. I agree gold will go to 10K and beyond, Gold to the moon!

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Because Bitcoin can be exchanged for any currency and you can buy anything. more importantly, it is popular.

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With such news, the price of Bitcoin will go up further.

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Interesting read. The more the government try to hurt BTC, the more popular Bitcoin gets. I believe BTC will follow the gold pattern and do even much more


Posted via proofofbrain.io

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First off I just picked out something I learnt today,

"THE SOLE PURPOSE OF AN INVESTMENT IS SO YOU CAN SELL IT TO BUY SOMETHING YOU WANT"

I find this post very interesting, I think I am here to learn more about the future of bitcoin..

*Grabs popcorn *🍿


Posted via proofofbrain.io

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Amazing idea of the information great posting I appreciate your posting

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❤️❤️❤️❤️🎉🎉❤️❤️🎉

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Every day new good news is received from you, which makes the heart happy.

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Greetings @coininstant… If it can happen since Bitcoin is a threat to any government that is against decentralization.

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lol who still cares about laws

in germany you arent even allowed to grow old seeds

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Hi unfollowbro. I see the outlaw spirit is alive in other places than the US. Good to see!

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That would be quite difficult. They could instigate a war so trading becomes very difficult. Or partially closing down the internet!

Hope this won’t happen too soon!

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Thank you very much for sharing the news, have a good day and excellent trading

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Interesting post.
Although one cannot own gold in its raw form, one can still invest in gold through jewelry and gold coins, which I don't think will be possible with Bitcoin, perhaps in some form of NFT??

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If I was part of the elites I would have asked my accounts manager to buy Bitcoin daily. I believe that many rich folks in fiat are heavily invested in crypto. The battle that we are going to face before the financial crash, the choice crypto holders as individual makes when it falls to the daily utilization of their tokens against fiat.

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It is sad, that bitcoin has been made illegal. But we have invested some money. He should be taken out. Or just wait a few days.
@coininstant

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Always sell the spikes, I think btc just up today for payday Friday pump! LOL The whales are super smart, they like to raise the prices when they know the new money that's willing, comes in the US!

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Censorship never works, specially considering how the run smuggling became something real in the us, clandestine gold mining, and dozen of other evidences that this never works.

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If I'm gonna be an outlaw, think I need to find a set of good revolvers to complete the aesthetic. Any suggestions?

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