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WEBFI-TECH-Why Bitcoin is Going to ZERO – The HIDDEN THREAT to Cryptocurrency.



Ex-Google Techlead on the hidden threat to Bitcoin: stablecoins. Following the data and where the “big money” is moving like Facebook’s Diem digital currency and the electronic Chinese Yuan, ex-Google/ex-Facebook multi-millionaire TechLead considers the future of money and whether it belongs to Crypto or the Central Bank Digital Currencies (CBDC).
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45 Comments

  • TechLead on May 21, 2021

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  • Vanguarded_Heart 117 on December 17, 2021

    the only way we can save the US economy is by BACKING UP THE GOLD/SILVER STANDARD, dollars in solid metals. Bitcoin is alright but if a day comes and the internet is no longer a viable system to trust, going back to basics will be our only option, in sound, tangible money. Buy gold and buy silver now.

  • Bay Chadwick on December 17, 2021

    I like the coin

  • Mehmet Akdağ on December 17, 2021

    wow

  • DXM55 __ on December 18, 2021

    That's exactly the reason why we don't want a centralized coin. Because honestly, we don't care about illicit activities or sanctions.
    We don't care about the Govt or State. To hell with them.
    We just want our privacy.
    We don't want the Govt knowing what we spend or do. We don't need them breathing down our necks.

    But I guess a big data dude who worked for Google probably wouldn't jive with that, would you?

  • Falko POP on December 18, 2021

    yes, i will use these centralised coins because i want china and facebook to know all my transactions – what could go wrong? ^^
    yea, i could send bitcoin essentially for free via lightning network and use it as money in el salvador, but thats boring…

  • Jewel Wichman on December 18, 2021

    Thank you for the information
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  • nlrman on December 18, 2021

    That is what i have thought until recently. I am a CPA and didnt quite get the crypto concept bcuz unlike stocks(equity), crypto projects or companies rately generate revenue. However, i am starting to think little differently on crypto market since the crypto market collapse we have seen seen recently. Think of it as baseball card, many dont give af but also, many do. And stocks in general, dont present about the companies either in recent years. But alot safer compared to crypto. I am not sold by bitcoin technology but sure am sold on new coins and how they relate to generate more value and totally new concept of playing, earnjng, and investing.

  • Shea Ritchie on December 18, 2021

    Jeez, has this guy even looked at any financial history? Why did the pound switch to the dollar as the world reserve?

    Maybe people want an honest economy and fair currency. Letting somebody create their own money to buy your real goods is a bad idea and every government that debases their currency to steal from the people collapses.

    Bitcoin is the future world reserve. Gold is dead too – nobody will trust a country to manage a gold standard!

  • Nho PA3 on December 18, 2021

    This guy is insane, he hates bitcoin and he doesn't want people making money. He never ever has good thing for bitcoin. Now it is the time for him to express his insanity. Oh by the way, coincidently China also bans bitcoin too.

  • Shea Ritchie on December 18, 2021

    Bitcoin is not a currency, it is a new banking system based on a digital store of value.

    Bitcoin replaces gold and the gold standard dollar at the same time. This is the first monetary system that doesn't require a government to maintain and nobody can rig the system and print money for themselves.

    Fiat is dead and gold is dead.

  • schlepers on December 19, 2021

    Monero…

  • ash patel on December 19, 2021

    When you are saying all governments wants to track their own citizens spending and money but at the same time citizens don’t want to tell about their money trail to the government. Even Chinese citizens don’t want their money got tracked to ccp as they know ccp is the bunch of blood suckers.

  • HMNSA on December 19, 2021

    You understand governments, their money masters paranoid behavior towards being overcome, and how that ties into the money distribution and control. I could see how they would all have their own tethers to continue tethering the global population down within borders.

  • I gain control over my babe’s phone , with this help of this guy . Keep it up SIR

  • I gain control over my babe’s phone , with this help of this guy . Keep it up SIR

  • Ron Skaria on December 19, 2021

    facts

  • Adrian on December 19, 2021

    The recent pandemies and rapid inflation is all part of a global roll out of CBDC's, the current fiat system is unrepairable, the US is basically bankrupt but besides that it will be interesting to see how Crytpos will survive to change over to CBDC, we are definitely in a transition faze to CBDC's.

  • Carlos Sanchez on December 19, 2021

    fav

  • George Zito on December 19, 2021

    China just didn't want any competition. So they banned all crypto.

  • Da Groove on December 20, 2021

    whats deita mai frient ? You certanly does not understand btc and neither english. You should start with the second. On the other side btc is the enmy of cbdcs indeed.

  • Science vs Religion on December 20, 2021

    Nice lie. But don't work

  • Ford C on December 20, 2021

    This guy is very smart.. excellent analysis!

  • robbie cascisa on December 21, 2021

    What about AABB ?

  • MJ on December 21, 2021

    I dig your channel/content. But, on this subject. I hope you're wrong AF 💯

  • Sir on December 21, 2021

    Bitcoin is going to 0? Take a line number sir!

  • krazydreamer on December 21, 2021

    You are missing the big picture. You are looking at the crypto market and cryptocurrencies in a very one dimensional way. There is so much more to the blockchain than digital money. I challenge you to explore further.

  • Opinions like yours are very much appreciated. However, we are in extreme different times with many other key factors in play that werent in previous markets….. They! now own the market!!!! yes, read the charts, however, ZOOM OUT and think of the WHY's, regarding the action of the last weeks and going forward. Everything has changed and will change fast in these months ahead. Cant be ignored if advising.I will say we all should prepare for any scenario as the market has always been volatile.I have played safe by putting my assets into active trades,so I don't feel the price if the declination continues.I have made over 16 btc since early november till date from implementing trades with insights and infos from Jamie wangs.I will advise everyone to stick to this method instead of just waiting on a pump

  • Matt Armsby on December 22, 2021

    It’s funny your criticism against Bitcoin are the very reasons people passionately support it… you really should listen to what your saying. I love how much some people want the government to control and monitor there lives. You should move to China or North Korea or something if you want that

  • MsB X on December 22, 2021

    New to channel. You're the only crypto guy who has plainly filled in the blanks with these token pathways.

  • Libertarian Revolution on December 22, 2021

    If Bitcoins goes to zero, I doubt it will be because of stable coins, or CBDCs, or Central Bank Digital Currencies. I think that default privacy coins like Monero or Pirate Chain could replace Bitcoin.

  • Libertarian Revolution on December 22, 2021

    Governments and central banks controlling cryptocurrency defeats the purpose of cryptocurrency. Decentralization, and not controlled by any government or central bank is the way to go.

  • maltatravel on December 23, 2021

    Maybe 10 years ago…

  • Jim D. on December 23, 2021

    The idea that any industrilized country would allow a decentralized digital currency to dominate their financial system just doesn't make sense. Stable coins issued by each country are a given but I feel BTC is a decentralized store of value like no other. It sounds far fetched but I could see BTC as the world reserve currency controlled by no country and used as a medium of exchange by which each country measures the value of their digital currency on the world market. The world is becoming ever more connected and if each country is to remain with and independent currency we need a decentralized basis upon which to measure these digital currencies.

  • AMO4X on December 23, 2021

    This is almost impossible…

  • Laurence Gagno on December 23, 2021

    i agree excellent analysis

  • Roman Sasik on December 23, 2021

    This sounds right.

  • seeddorf on December 23, 2021

    😂😂😂 keep dreaming!!

  • Sander Ghielen on December 24, 2021

    You compare currencies. Which bitcoin will not be used for i think. But it's still a real good investment. That will not go until some other coin will take over the number 1 position. Stable coins are stable and not good for investments. They are more inflationary because they are linked to fiat currencies. Which are going down.

  • Gray Girbert on December 24, 2021

    I'm new to crypto and I find it difficult using these strategies well. Where can I find a legit broker? than will manage my account and also teach me how to trade.

  • Kelly Parker on December 24, 2021

    Still think bitcoin is going to $0?

  • Geniuskatie on December 24, 2021

    woooow

  • Anthony Badame on December 24, 2021

    Yes he is right and if you dont want to hear it only means you want to be rich and dont like people doubting youll be rich. There are a very key set of aspects determining bitcoins future that come from different sources and converge into a single idea: do not sell your land, savings, and personal belongings for bitcoin unless you want to join the legions of newly government dependents who have zero assets to their name beyond a fictitious digital holding thats gonna "exit winter soon!" Yea youll be hearing that for years while youre life is locked in a brokerage, and the world will pass you and your sense of entitlement to recompense will be less and less shared by those passing you by, entering into their own new series of scams to learn from that no one will fix for them yet they will wait to he fixed during the best years of their life.

  • Light Raigne on December 24, 2021

    Bitcoin doesn't wipe out that data, it makes it public. Privacy coins like monero wipe out that data.

  • James Henry Smith on December 24, 2021

    Then people will ride dogecoin and etherium NFTs to the moon!

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