Loading ...Bitcoin & Blockchain
Some of this we have known, the specific invention, patent and sale of blockchain patent, I didn’t know, but I am sure others more knowledgeable re crypto probably did. Blockchain was developed and patented by IBM in 1991. They sold the patent to the NSA, The National Security Administration, in 2001. Watch the whole video.
Thanks CM…looks like an blockbuster…will watch later
Note embeded videos screw up the site sometimes so i changed it to a link
Thanks CM – I just sent this to a friend of mine who has substancial wealth in BTC. I’m interested to see what he says about this video to defend his position.
My buddy replied that there aren’t many other self-custodian alternatives out there. Gold and silver have been manipulated since ’71 and billions have been lost investing in jr miners, or by investing in the manipulated etfs slv and gld (recall the 2011 top?). Also, if you think about the book and free documentary “The Great Taking” by David Rogers Webb, all securities are going to be seized as collateral when the derivative complex collapses so no paper instruments are safe when held in a brokerage account (only in certificate for is it safe possibly). So he does have quite a few valid points on the superiority to self-custody BTC even if it is tracked. My personal opinion is differennt.
He is making the classic mistake of “choosing” what he compares it to. I would guess your personal opinion is more in line with what my response would be. Physical gold and silver in your possession trumps his comparisons.
You guessed my response of physical gold and silver exactly! Glad we’re on the same mindset.