We're getting FedCoin

a reply to: IAMTAT

Btc will exist until they decide to ban it as competition for the new "official currency". Which they have done before then retracted.. because they saw how easy it was to track..(they use the same system to track covid, and social networks by similar programming).

Then poof there goes the value. Sides the fed owns more then half the printed early (first gen coins allows tracing of everyone it's ever touched which get categorized and dumped into your "registered" wallet that has your ID attached to it as here in the states you cannot legally buy bitcoin without an ID(hence your taxes on it).. Even the split into bitcash where many many lost their value.)coins due to stealing it during their wishy-washy days.

a reply to: BlackArrow

its impossible to ban bitcoin. Maybe they can track you. Thats why i like litecoin. They just made it a privacy coin with Mimble Wimble. Meaning they can't track you and they don't know how much you have. It's the best form of money ever created.

Aw the fedcoin. And you will have about five or six types says the dot govs. Plan is to pay you in nourishment fed coins, clothing fed coins, entertainment fed coins, and there are a few more caregories. With fedcoin the US decided how many credits you get in each category, they can only function in that market and they will be keeping a serious eye on people trying to purchase things outside the purpose of each coikn as it is traceable as long as it exists.

traditional cash:
when you have physical cash with you, in your hands, nobody can remove your coins.
you have that coins in your hand or pocket and you can use the money anywhere you want.

but the crypyo surprise: (actually working)
your coins can be blocked remotely, specifically targeting any person. your coin and wallet is blocked.
It can be blocked by currency and user/wallet.

yes, someone can decide that your coins in your wallet (for example, your lifesavings) will value 0, zero, cero.
your coins will never safe with you, or in any wallet, or in any coins investment.
you can loose all at wish of an external entity.

a reply to: acuriel

but the crypyo surprise: (actually working)
your coins can be blocked remotely, specifically targeting any person. your coin and wallet is blocked.
It can be blocked by currency and user/wallet.

I always get a kick at how matter-of-fact people are when making stuff up.

Some interesting speculation below about certain agendas - apparently "The challenge they have is how do you market a system that if people understood it nobody would want it".

Full Interview

Actually thought she made a very good point about the coordinated riots and federal bank locations.

a reply to: projectvxn

BEP20

maybe you didnt know that your coins can be blocked remotely.
just read the specs of the tokens.

a reply to: acuriel

by the way BEP20 means Binance.
Binance is the largest exchange worldwide... then any change here affects the coin market worldwide.

Yes, All coins in Binance can potentially be blocked.
How it is posssible?
BEP20: when you are in Binance you dont have your coins, you have an IOU. Includding the spec in the BEP20 that can be blocked the coin per wallet.
Yes, if you have bitcoins, ehter on Binance BEP20 network.


funny thing:
Did you realized that since the past week no exchanges in the world can trade BNB? The wallets are in Maintenance mode for withdrawals and deposits outside Binance for BNB remain blocked in the exchanges.
Then binance can control increase of prices.
There are a lot of ways to block a currency.
and the users dont realize it.
is binance cheap? no Binance chages you when you deposit your coins, with fees even 4500 times higher compared with other exchanges who also dont charge for deposits.other cheaper alternatives? Tron TRX... who controls the most of the governance in TRX?... you guessed well: Binance...

So, if you use coins in the Binance like Bitcoin, Ether, USDT,etc, those could be blocked anytime.

just get informed.

by the way... maybe ATS should have a forum for Crypto, or Economics... as there are a lot of possibilities that the prices will rise, and some markest will crash...

originally posted by: acuriel
a reply to: projectvxn

BEP20

maybe you didnt know that your coins can be blocked remotely.
just read the specs of the tokens.

Prove it.

Also show ONE instance of this occurring ever.

by the way BEP20 means Binance.
Binance is the largest exchange worldwide... then any change here affects the coin market worldwide.

Yes, All coins in Binance can potentially be blocked.
How it is posssible?
BEP20: when you are in Binance you dont have your coins, you have an IOU. Includding the spec in the BEP20 that can be blocked the coin per wallet.
Yes, if you have bitcoins, ehter on Binance BEP20 network.


funny thing:
Did you realized that since the past week no exchanges in the world can trade BNB? The wallets are in Maintenance mode for withdrawals and deposits outside Binance for BNB remain blocked in the exchanges.
Then binance can control increase of prices.
There are a lot of ways to block a currency.
and the users dont realize it.
is binance cheap? no Binance chages you when you deposit your coins, with fees even 4500 times higher compared with other exchanges who also dont charge for deposits.other cheaper alternatives? Tron TRX... who controls the most of the governance in TRX?... you guessed well: Binance...

So, if you use coins in the Binance like Bitcoin, Ether, USDT,etc, those could be blocked anytime.

just get informed.

by the way... maybe ATS should have a forum for Crypto, or Economics... as there are a lot of possibilities that the prices will rise, and some markest will crash...


You want to check by your self?
1) Go for any exchange ( not in the Binance circle) and buy BNB and withdraw it... if you can...
You can review all the exchanges in any list you want.. coinmarket cap,
www.cryptoground.com...
try to withdraw one BNB...
It is not possible now. No exchanges in the world can deposit/withdwaw BNB anymore.
The BNB coin is been blocked worldwide.
This It is happening right now... in from of your eyes!

2) go to bscscan.com..., and you will find the parameter where the coin can be blocked. Then, why a parameter like this exists?

3) The new Binance's exchange released a month ago, has BNB. but now your minimam withdrawal has been increased 2X agains Binanace's traditional withdrawal. Another way of increasing volume, prices.

Welcome to the new world.

a reply to: St Udio


i recollect, from a months or years ago post that the Reset would put the new USA "money unit" at a value compared to Gold at $1440.00 per Troy /ounce and Silver at 1/10 that value or $144.00 per Troy /Ounce

the proposed FedCoin issued by USA Treasury, would live independent from the present Federal Reserve Note System which may be used, with all Its' Debt instruments/Paper and other Swaps, in the International Trade and Forex Paradigm which will constantly establish the FRNs value on a minute-to-minute basis

but the FedCoin as a crypto coin, will be issued at 1-100th of a Troy ounce of Gold @ ($)1,440.00 or ($)14.40 per unit

the unit designation might be the old-Archaic Continental 's' which appears as a f.. the likely symbol for FedCoin..
see:

perhaps the initial issued FedCoins
would be based upon lifetime earnings of a 350 million productive citizen workforce '
or some 350,000,000 X 1,200,000 X 2% annual increase = 4.375 QuadTrillion with 16 zeros ''

a reply to: St Udio


False Info is crowding out your/our reason & logic...(do not buy into it Now, wait for gold premiums and spot to drop !

www.youtube.com...

VIDEO 15:11 long: Gold at $10000! Gold Revaluation explained. Gold price to skyrocket! Gold forecast




Yeah gold at $10k -->> of Depreciated Dollars / Hyperinflated USDs !!!
likely also the cost of a pound of ground coffee beans @ $10k




the premonition i received was Gold @ $1440.00 Silver @ $144.00
in reset valued crypto Fed Coin valued at 14.40

a reply to: St Udio

False Info is crowding out your/our reason & logic...(do not buy into it Now, wait for gold premiums and spot to drop !

The window to jump into real good turnout long positions closed during easter holiday weekend. If you had bought BNB @ 240$ ten days ago you would have doubled your investment by now.

Not financial advice :-P

a reply to: acuriel

Do you think that everywhere that says "Block" is a transaction being blocked?

Because it's not. Please stop making crap up. You're pulling it out of your butt and making assumptions based on nothing but the presence of a word.

BTW, those "Blocks" are transaction blocks. The "block" part of blockchain.

a reply to: projectvxn

I think the member is talking about that if you have coins in binance wallet, you can't access them because you really don't have a wallet address space outside of their network. This is why you need a reference code when you want to withdraw or deposit. Your assets are in their huge pool wallet.

Or you just link your compatible wallet to Binance and the problem is solved. Binance even has tutorials how to set them up and what wallets are compatible.

Add: Forget the above, it's still valid info but the member talks about BNB coin. That's Binances internal coin for trading-fees, stakes and other things. I have not looked into the blocking issue but I know binance does a BNB coin burn regulary.

I would try it but I don't have any BNB on Kraken. BNB took of big time, currently it doubled it's value in under two weeks. It even rises in bearish times.

a reply to: ThatDamnDuckAgain

The premise is that binance can and does block transactions.

If it did this they'd go broke over night.

a reply to: projectvxn
Yeah I got it, see my edit.

The block parameter has nothing to do with what that member is claiming, just like you wrote. It's just the block-number in which the transaction was processed.

What a waste of time.

No one in their right mind leaves any crypto of value in an exchange wallet.
Buy then transfer to personal wallet.

a reply to: UKWO1Phot
Or hook up your own wallet to the exchange account.

a reply to: ThatDamnDuckAgain
Only if you want your transactions tracked.