https://www.law.ox.ac.uk/business-law-blog/blog/2022/05/money-laundering-non-fungible-tokens

 

Cryptocurrency are only prototypes for a complete Digital Money System, i.e. for the later Digital Money (CDBC).

Cross border payments - a vision for the future.
Bank of International Settlements spokesperson speaks about their plans.

Source: https://home.solari.com/cash-friday/

 

Last edited: Aug 27, 2022

Crypto first of all is not a currency but are commodities.
Commodity transactions are inherently relatively risky.
A currency has a much greater stability, both upwards and downwards, because one or more governments stand behind the currency.
Of course, this has the disadvantage of control by states, but on the other hand also the advantage of control by states.

Some people who have lost a fortune in recent years and hated control by states would now be happy about state intervention.
However, one cannot have everything at the same time: An uncontrolled Commodity exchange with unknown people and a state-guaranteed currency.

There is one consolation in every decision concerning money: The money is not gone, it is now only owned by another one!

One lesson learned from losses should be that one should only invest in financial transactios that one fully understands and whose opportunities and risks one can happily accept and bear.

But there is still greed...

 

Last edited: Aug 27, 2022

Is Jabba the Hut now spokesman of BIS?
In a few hundred years in a galaxy far away his skin and pronunciation will be even worse.

 

Blockchain technology is likely to continue evolving, with ups and downs in its market value. While the hype may fluctuate, its core principles—security, transparency, and decentralization—offer long-term potential. It may not fade into obscurity, but its adoption could be gradual, with slow and steady growth driven by real-world use cases. Regulatory developments and technological advancements will be key factors in shaping its future, but it’s possible that blockchain could appreciate over time, much like it has in the last decade.

 

Eugene Fam (father of modern financial theory) says: In ten years, cryptocurrency will be worthless.

There is no tangible or intangible value behind a cryptocurrency, so its value is measured solely by how much investors are willing to pay for it. Furthermore, there is no state regulation for cryptocurrencies, no deposit protection, etc. Cryptocurrencies are therefore fundamentally different from digital central bank money.

 

it's perfect for all kinds of illegal transaction purposes. it's ok for the people making money from it. everyone else is basically gambling on speculation. Most people have never actually bought anything with it, even if they have it. then there is the environmental damage it causes.

 

scammers love it

 

Pastor Jackson said Bitcoin is the spawn of Satan and we should give it to him so he can cleanse it of evil with holy water.

 

I've recently taken a rather large position in BiteKoin, the only digital currency endorsed by the American Dental Association, and the AGAB (Association of Greedy Ass Bankers).

The sky is the limit and we are working on technology to pierce the sky, and proceed to the infinite.
Our BiteKoin is certified 100% digital and is composed of pure gold,silver and platinum electrons. Our pedigree is without peer.

My team is securing funding soon through a select group of funders via GoFundMe, and hope to have opportunities for small and medium sized investors to acquire, means of acquisition, of this premiere digital currency. This is not to be considered investment advice or an offer, merely more information for the savvy digital currency afficiando to understand this many layered investment vehicle for the 21st century.

Only BIteKoin will have premium coupons that allow you to collect them and trade them for all the wonderful items in our BiteKoin Katalog, such as the Kristin Diore Outdoor Leisure Seating Group (formerly patio furniture) including the chaise lounge with built in laser cigarette lighter and ashtray, the folding aluminium side chair, and the sturdy hurricane proof umberella and solar weeny roaster.

Its not just an investment, its a lifestyle.

Its the future of currency, it's the currency of the future...


don't be left behind....


BiteKoin, you know its on the tip of your tongue...

 

I loved "Lord of the Rings" - Pastor Jackson is quite a Director as well. Truly a talent to be cherished via movie tickets or bitcoins, whatever those are..

 

Currency has no intrinsic value at all.
https://en.wikipedia.org/wiki/Fiat_money
See also - Fractional Reserve Banking

 

Last edited: Mar 9, 2025

Praise the lord for quantitive easing and trickle down economics, we've never had it so good!

 

Only precious metals such as gold and silver have value in themselves.
With a wheelbarrow of paper money you can certainly use your oven for a day to warm yourself.

With a bottle of whiskey you can get a sack of potatoes from the farmer in the event of a crisis, cigarettes are also suitable for bartering. Buy fruit and vegetable seeds so you can plant something.

A manual on farming and livestock farming as well as a manual on how to make music when the power goes out is also certainly useful. Investing in a power generator is a good purchase. Remember that prayer is nice and important for some people, but if you believe that God will come down from heaven and give you something to eat, you are wrong.

Those who will overcome a crisis are those who have either made provisions or who use their brain Brain.exe effectively and act.

 

Brain.exe reminds me of AI chat-bots...

 

Last edited: Mar 9, 2025

The AI Chat Bot responded promptly, according to its programming:

Brain.exe is a symbol for “switching on your brain” when using your PC and the Internet.
This includes not carelessly clicking on everything that comes under your mouse pointer.

 

Crypto is honestly a wild ride. I remember getting into it a few years back, riding those wild Bitcoin/Ethereum swings, and even now it’s still got that unpredictable vibe. Even after the hype cooled down, it feels like crypto’s here to stay, just evolving with all the tech that keeps popping up. I stay pretty cautious and try not to throw in anything I can't lose, but the excitement and new tools in the space definitely keep me checking charts. I mostly use web trading platforms because I like having more control and transparency over my trades. Recently I’ve tried Banana Pro, which has some solid features for tracking your portfolio and copying trades, especially if you’re tired of flipping between exchanges and Telegram bots.

 

Last edited: Jan 8, 2026

Bitcoin: Why the Value of Cryptocurrencies Is Trending Towards Zero

Reality shows that Bitcoin and other cryptocurrencies are currently unsuitable for everyday payments for a variety of reasons. Transactions are extremely energy-intensive and costly, and also slow. Furthermore, Bitcoin's acceptance is extremely low. In addition, cryptocurrencies are generally hoarded rather than used as a medium of exchange. This gives them a deflationary tendency that is detrimental to their use as money.

Most importantly, cryptocurrencies do not qualify as money, neither due to their intrinsic value nor because of government backing. As a result of the complete lack of monetary properties, the value of Bitcoin and other cryptocurrencies is therefore closer to zero – or at least far below the $213,000 calculated by UBS.

 

I'm gonna tell you this: I'm old enough to remember saving money into a bank account and getting 10% interest on it.
Nowadays you get 1%... so what are banks useful for again? It's just an additional waste of money between your wage and you that makes rich people even richer.

All money management is a scam, friends. I hate banks with passion. Tons of them shouldn't even exist, but new ones just keep appearing and growing. They are all full of greedy arseholes and psychos.