China Cant Stop Bitcoin... And Why Gold Bugs Need To Get Woke On Cryptocurrencies

in #dtube7 years ago


Jeff is interviewed by Elijah Johnson for The Silver Doctors, topics include: the Chines shutdown of Bitcoin, Bitcoin is unstoppable, ICO's, price volatility, the inevitable destruction of central banks, the collapse of the US dollar, a new system that renders the old system obsolete, gold and silver still to take off, sound money.

Silver Doctors website: http://www.silverdoctors.com

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The more they try to stop Bitcoin, the more it grows! I love it!

Bitcoin is like water, you cannot seal the water in a place
It always finds its way down through even the smallest crack.

Chinese government is invited to use all their power and resources to stop it, but they wont be able to stop it :)

Nice quote from the Tao... Always inspiring!

This quote is definitely the best one I have heard related to cryptos. Reminds me of Bruce Lee!! Thanks for that

They say that when you try to stop a revolution, it gathers even more momentum. When any government tries to stop something perforce it will become even stronger and acceptable to more people.

It is in plain sight by now that the more ruthless the government, the more control they want over everything - just so that they can reap the benefits for themselves.

Cryptocurrency is for the people. It cuts out middlemen. It brings more freedom, and way more equality than ever before. The best part is that it makes funds available almost instantly.

Governments that don't want all this to happen are not for the people - they're all about themselves. No government can stop Bitcoin or any other cryptocurrency.

Rebels exist to break the rules and make the world great again. Mainstream has never made a great change in the world. All successfull celebrities always talk about standing out and that's the most valuable property of the "cryptos" <3

So true, maxabit. Even Nation-States cannot deny the power of cryptocurrencies at this point; just look at China, who banned ICOs and is shutting down exchanges and simultaneously is likely using bitcoin miners in Pyongyang to avoid sanctions on North Korea:

https://steemit.com/news/@cryptohero.info/cnbc-and-the-cia-team-up-to-bash-bitcoin-but-is-there-more-to-the-story

Individuals have long used cryptos to subvert the capital controls of nations. Now entire nations are using cryptos to subvert transnational, globalist capital controls/sanctions. We are officially at the point of no return.

Jeff you told the truth and it was full of wisdom and thank you for telling it and we upvoted and re steemed it to

The world is run by criminal psychopaths, they use money to keep everyone in a state of scarcity. They rely on the people to be docile from their own existence. They trick people int consenting into their system with things like birth certificates. They never solve any problems and create all the major ones so you have to "rely" on them to "fix" them. They have an all out assault planned on their people. It's a multifaceted agenda that uses all type of means to cull, imprison, extort and enslave their people. Bitcoin can slow that down and throw a monkey wrench into their plan. They also can't really stop it. They are not all powerful they are cowards.

If you cant stop them, joint them ! #canttouchthis

Right.. Like it...nice post

The Chinese are not the whole world, the more they are not stupid, so everything will be fine.

Great talk as always Jeff!

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Two words: Honey Badger

Thanks for the awesome video!!

very good, so once the chinese market remains weak under the bitcoin, thank you guys

Yes they can't.
I think this is temporary

Bitcoin need down

Interesting, today I heard Da Hongfei of NEO and Patrick Dai of QTUM say that they didn't think was temporary in China. Because of the vague wording of the law they thought it would be a long long time before Exchanges or ICO's returned to China. They did point out that the current law did allow private ICO fundraising but that ICO's couldn't market to the general public. Like you said in the video they could use VPN's and just be careful.

What was more telling was that Dai stated that most of the companies are just going to open up in other, more friendly, countries. For example, he said QTUM will be opening a Denver, Colorado office this year. It will be interesing.

Crypto me...

Best case scenario bitcoin becomes the new gold standard and takes over as world currency, worst case scenario, it succumbs to government pressures, continues mass volatility and does gain much traction. I think it will be somewhere in the middle and leaning towards the top end. The technology is brilliant, just needs some refinement

I can't wait

I want to help you. How to get this huge amount of votes.
I want to be like you .
Your very nice and congratulations to you.
Continue working.
Sorry for the inconvenience

Throwing people into cages, killing them and harvesting their organs works pretty well on most people, though...

no worries, chinese govt. is not end of the world. i have full faith on bitcoin .

No country in this world can stop BTC, why? Its technology is based on blockchain and it is represented in a mathematical form. Central governments including China can try but they will never succeed unless the entire internet is shut down.

china sucks....

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Gold bugs are all 80+ years old...tied to an old vision and can’t understand new digital technology, in 10 years future generations will grow up with crypto, once the fiat bubble bursts, banks are just going to be a bad memory

bitcoin is the future. No one can stop it

No, this is the beginning!

Dude, you're absolutely killing it. That's all I have to say.

BRILLIANT COMMENTARY... DEAR ELIJAH AND JEFF... UPLIFTING WORDS, VISE AND FUNLY... TRULY NEEDED IN THE TIMES OF OLD FINANCIAL SYSTEM RESTRUCTURING... WHERE OLD WILL BE MELTED, WHILE BITCOIN AND BLOCKCHAIN BECOME MORE AND MORE PROMINENT IN DAILY FINANCIAL LIFE... NO CONTROL, NO REGULATIONS, NO TAXES... NO WORRIES... BLESSINGS AND THANK YOU FOR WORK YOU DO FOR HUMANITY..

Gold is real money. There are many who will not accept any other substitute.

China has nothing to say. Cryptocurrencies are decentralized, thus only the community decides how it is going to turn out for it. SAY YES TO CRYPTOS!!! In 5 years there is no physical money :) excited

@dollarvigilante Number 8. in the top 10 best crypto channels online. Keep on preaching dude!

China is not banning the currency it self dudes, they are banning ICOs, totally different thing....stop associating crypto currencies with ICOs ....WTF

Bitcoin price will going to the moon. because China only play they game, now they banned cryptocurrency, next time they created a good regulation of cryptocurrency... So prepare for that time... Cheesy Cheesy

Jeff calls him Barack Obomber :)

China is doing a good thing by cleaning up the industry, getting rid of hundreds of fake coins because there were too much speculations. China is making sure that the crypto exchanges hold the equal amount of coins that they claim they have for the customers, they don't want their people to play the western style paper derivatives games.

https://steemit.com/bitcoin/@goldman168/china-s-ban-on-bitcoin-is-nothing-but-a-bunch-of-fake-news