Suze Orman likes Bitcoin, but not the currency aspects of it.

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Avatar for francis105d1
2 years ago

Suze Orman is a rich person, makes no mistake, and she says she likes Bitcoin because her rich friends are also buying it, but she doesn't like Bitcoin as a currency. Watch the video for reference at the end of this article.

By to way, I wrote this article 10 months ago, but I feel the message I was trying to convey that day is still alive today, and I think that it is good to bring it back.

She doesn't like Bitcoin as s currency because it will stand to lose everything if governments decide to go after the peer-to-peer currency aspects. Still, she also knows that if she and her rich friends buy Bitcoin today, eventually they will control the price, and the poor people will have to take whatever they say is Bitcoin once they have all of the supply.

I noticed that she loves PayPal; I wonder why? to inflate to infinity? The game is self-explanatory; in my opinion, let rich people buy all Bitcoin supply after that. They hold it all, sell it to the regular Joe as synthetic Bitcoin, custodian Bitcoins, and sell whatever we want on a custodian account, that is. The rich think like the following: we want to have total control over the entire supply so that we the rich can keep on controlling and printing your money supply, just like we are doing today with the dollar, pretty much print baby print.

And she and the rich like her don't want you to use Bitcoin Cash or even consider buying Bitcoin Cash because they know that if you use BCH as a peer to peer currency and if you are only willing to use on-chain transactions which they can't print, their game is over, their money machine is broken, remember the rich are the first to receive the inflated money supply before everyone else. Hence, they benefit from money printing in the first place and benefit the most, and I repeat first. The rich and the government want to protect their money printing machine.

They want you to hold Bitcoin as an investment, not a currency; well, if you can't withdraw your funds or don't have enough funds to withdraw your funds is not much of an asset.

So give the middle finger to your overlords, and buy Bitcoin Cash. Hold it for the long term because they have said, buy Bitcoin but do not use it as a currency, use it as a speculation vehicle, so that you lose your money in the pumps and dumps that the rich themselves create together with whales and eventually you will be out of any satoshis. Just like the banks took the land your forefathers to conquer first with inflation and later with deflation, the same way the rich will take your satoshis if you speculate with it instead of using it as a currency.

Bitcoin can't be used as a currency because the 1MB blocks, and pretty much the poor are forced into using custodians (bank accounts). El Salvador is a clear example of that, and if the rich control the supply pretty soon, they will take your property with each market circle that you speculate instead of using it as it was meant to be used. That is why Bitcoin must be used as a currency and not just a number increase in fiat value. Not to mention if you use Bitcoin to speculate, the government will devalue your profits by first printing and later taxing you both at the same time.

Bitcoin Cash is a peer-to-peer currency.

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2 years ago

Comments

Hello, my friend.

Yes, your article exposes the practices of the rich and their fears regarding the purpose of monopolizing the flow of money.

I believe they also force this behavior on the crypto market as you put it.

$ 0.05
2 years ago

I am not 100% sure about my theory. Still, the rich have their best interest in mind when trying to control the supply and issue of Bitcoin, not by mining because mining is too expensive. Still, if everyone uses custodians, it makes it easy to maintain the real asset as a whole, giving us a result yet another US property-like crisis where the wealthy own everything and the poor only rent.

$ 0.00
2 years ago

Crypto is bea

$ 0.01
2 years ago

I also love all crypto currencies including BCH, hive,steem and all.

$ 0.01
2 years ago

pretty much she just likes the number go up aspect of Bitcoin but not the currency side of it, I think she explicitly says it on the video.

$ 0.00
2 years ago

After the reading this article and knowing about her opinion I know about what she wants to said and it's really amazing and beautiful thinking about it , I know it's old but it's have information to make us able what we do I want to watch this one and may be gain some more points

$ 0.03
2 years ago

She has a good analysis, we are same in opinion that it shouldn't be used as a currency but only a property

$ 0.02
2 years ago