Facebook Libra - The Second Biggest Enemy To Crypto

I got a question today: "D, what do you think about Facebook Libra"

I think it is the second most dangerous enemy to cryptocurrencies space, and mankind freedom through crypo, next to governments/banks.

Here's why: It is not privacy concerned (your transactions will be as known as reading a brochure of what kind of underwear your girlfriend wears through her credit card statement). Facebook was never privacy friendly, it was often Big Brother ally. 

There is no better secret agent, spy, privacy-poker than Facebook - where at the click of a button Facebook insider can know: 

What you type with your girlfriend.

What you type with other girls. (yup, you do!)

What you look for (even if you hold yourself tied to the invisible chains of monogamy, you still day dream about that busty blondes you see out there... or your highschool crush)

Messages about meetings.

Who your friends are.

How you look.

Where you move.

Heck, where you are right now.

Oh, it has access to your mobile phone picture gallery (nice porn btw, lacks proper lighting though)

"But, I have nothing to hide..." - I already hear stupid brainwashed kid yell back at these concerns.

It is not that you have to hide, but that you have RIGHT TO PRIVACY.

Do you want to show a pic of you taking a shit in a toilet shown to your business partner, potential creditor? Your friends?  Why the heck would some nameless Facebook "nothing-to-hide" privacy intruder see what you're up to.

Where you moved.
Who you visited.

And it's all in the powers of one COMPANY. Not even government. It's what Mark Zuckeroni decides is for you... and those that influence him and the company around it.

So privacy problem verified.

Second big thing is centralization - only bodies allowed by Facebook, and paying big sums (tens of mils) will be able to run full nodes.

Facebook Libra Is Not Cryptocurrency!

Get this straight. It is not crypto.

Crypto is trustless. It is privacy oriented. This is neither.

Facebook Libra is dangerous for crypto for only one reason, as through it the governments and big banks will be able to access your crypto, get to know your transactions... and make you less free.

But you have nothing to hide...

Alright, then why are you interested in crypto in the first place?

You then LIKE to send invoices to the bank to allow you swift international bank transfer.
You then LIKE when stupid bank official has to know what you are paying and if HE (the dumb he) doesn't understand it, he asks you again. For you this means extra 3 days (plus two during the weekend banking holiday)... five days extra when your recepient will receive your funds... or you... regardless in what kind of rush you are.

You then LIKE when they tell you nah... we don't want it. And reject you for no reason (happens daily. Often)

You then LIKE when fucking swift you pay $50-$100 and have to wait at least ONE day, during which the bank uses your money.

Oh yes... ever tried to get like $50k out of your bank account?

Finally, the payday... time for me to celebrate, let's organize some big boobies and booze.. right - you can't!

Because you have to give Big brother two days to take the funds from other pyramid scheme suckers so they can give to you... while... at the same time they USE YOUR MONEY without giving you profit. Yes, you do need to ask them if you want bigger amount of cash even if you hold it in that account at that time.

Oh let's see what else you like you "nothing to hide" guy...

You like to be ass searched at the airports.

You like to .. let's get back to banking... you like to have laws apply to you, and not to them.

Banks are the only institution in the world that doesn't have to pay fines for: MONOPOLY or PONZI SCHEMES.

Want proof?

First let me tell you why the only ones? Because the courts worldwide tax even Microsoft (for monopoly), even Google (for monopoly)... you think "oh some fairness"... while this is the ordinary "give me some money" by the government taxation.

And now let's come to talk about government's partner - Banks...

Pyramid schemes, many of you would end up in jail paying fines etc... but not banks.

What is the definition of the ponzi scheme?

"a form of fraud in which belief in the success of a non-existent enterprise is fostered by the payment of quick returns to the first investors from money invested by later investors."


Are you ready?

BANK!!!

Your $100 is given away to other people for using, so the $100 in your account is actually not in your account.

Here comes the worse part...

That $100 that person has on the account, is also further given away... so it says $100 for you and $100 for them, while in fact no one has your $100.

What happens to the banks if everyone at the same time comes to withdraw?

Exactly - they collapse - because the money you deposit in your bank is the money you GIVE to your bank.

But what about government bailouts, insurances, the central bank.

Lol - what about paying russian mobster to guard you while you extort highschool kids? An accomplice. They all get their share of your funds.

But it ain't it... yet.

What about those $100... who printed them?

Is it backed by anything scarce?

Last time I checked cotton and paper are not scarce resources. Neither is ink.

You have been sucked into the biggest ponzi scheme of all... and you're like lamb, ass stretching and saying it's for your safety.

Well, if you'd ask me - Id rather take 1 in 10,000 bet that my plane will be blown up and go without delays, security, bs... not waste two hours before flight and half an hour after the flight on checkings... than to risk one random idiot doing bs in the plane.

Speaking of which.. then he wouldn't be the only one carrying a gun and someone would probably shoot the idiot of passengers before he could threaten the other guy. It is all a circle. But don't worry, your big brother is protecting you, just stretch your ass and obey.

Good sheep.

So how does it connect to Libra and Facebook?

Facebook Libra is nothing but game credits... in some game credits.. a number. 

here you go... since it gives you such a hard on.

There is a currency called BS Money. I am the issuer of it and...

 

Your account balance is: 10 Million.

You happy now, Millionaire?

good!

Because that's how much Facebook Libra is worth - 10 million of bullshit money (nothing).

Why is it so dangerous then?


Because Facebook has reach... and now after Satoshi... 10 years ago... has developed a revolutionary technology... after sacrificial lambs have passed the test (you, me, every other crypto believer)... what now? Now they see that crypto is not going anywhere, and they want to come in and suck-in stupid sheep by solving one of the problems the original crypto does - worldwide, instant payments.

Except one trick:

It is not for everyone, but for everyone Facebook allows.
Everyone that complies to ass searches.

And this, ass-searching-alone... is the reason why I see Facebook Libra being a massive success!

Because people love to be ass searched.

And regardless of that, I will not touch it with a stick:
It is not private
It is not crypto
Its marketcap is huge (where is growth potential)
KYC, really? :) hahaha god bless Monero, BTC, and freedom of me, you and whoever to be able to pay our money to whoever we want, whenever we want without having to ask someone "can we?

Thank you,
D

P.S. This whole article is MY OPINION!! To deter those FB corporate rats, this is my OPINION ALSO. Nothing here is verified by facts. But I believe anyone can quickly verify and tell how inaccurate this story is... or accurate. Until then... line up by that wall, your ass is next!

(But not us, not the BCW followers, not the crypto believers, not good men and women who love people, do good to people, but still want to keep their butts their own!) Love you!


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Comments

Mr. Town
  • 153
4m ago
damn right
fjg
  • 182
4m ago
Love your truth! If only the bank owned press would publish the truth of your words for all to read, more sheep would avoid the wolf. Freedom from the oppressors has been here for all, for over 10 years. Eventually, hopefully, the sheep will follow a different path and find the truth.
Bareta
  • 313
4m ago
Fuck the police! LIBRA= NSA, FBI, CIA coin.
cxn
  • 20
4m ago
Truth
CaptainTony
  • 401
4m ago
Absolutely true!
b5c
  • 204
4m ago
A money and control grab that would break a greed indicator.
b28
  • 170
4m ago
D Man @lovenatashas speaks the truth! Gotta luv ya!
hy1
  • 202
4m ago
Yeah but crypto is also a scam. 99% of alts are crap bc they do nothing and no development on it and BTC is just a shitcoin bc whales and exchanges can do with it what they want and they have control over it and so the couple % own the most BTC and so this whole market is bs. Look also at Google trend. Nowhere near 2017 high and the most are from Gana and such so it's a fake people and most of retail lost a lot and lost also their interest in it and Crypto is just the same as banks bc when if we believe that Tether is backed by something when it comes into the market then you also believe in fairy tales but The Cabal of Crypto exchanges (yes here is also a cabal but not the one of the fin.system) can buy btc all they want for free and now we are in a BS bull with TA out of the window. Mmmm sounds all the same if you ask me and so long btc is not in any use-case for the masses then btc may go to 1mil but you are poor bc it's also digital bc good luck send it to your bank and own it in your own pockets and now with al the regulations coming, and they want every wallet with USD ID, then good luck paying 30-40% taxes on it and when this system goes, and it will in the coming years, then btc is also done bc nobody of the masses will care for this bs. Trading is also not more then stealing money from trader to another trader and the smartest and the luckiest wins. Simple as that so if we traders here think we are something with 10-100btc.. I will LMAO in the coming years bc in the new system this will not go forward. The real future is an honest open ledger of DiGi money where everyone can see where and what is is doing and where nobody has control over and cannot print more and do not believe that btc is capped at 21mil bc that is also BS. With consensus this is no prob to cap it higher so even btc is not set in stone. So trade for now and enjoy untill it last bc trading and speculation is a dying breed and also are the banks. banks fall=no meaning for your btc stack bc USD is still King and so long the masses not adopt btc for payment btc will go the same road as the banks.
D Man
  • 123
4m ago
True, many alts are pure bs.
hy1
  • 202
4m ago
yeah but BTC also at this Time D. Like I see it I want crypto to be for, by and with the people but is against it. How many have cought this bull? I'm not bc every time I was a sleep and +85% of this was Asia time (Bitfinex, Bitmex? ) and like I see it this is again an advertisement stunt bc the madia thought btc was dead and a lot of exchanges where in bear trouble so why not pump it up with Tether again bc that is was this is mostly. Not all of course but for a healthy real bull we need a natural bull with retail in it and look at google trend. I have seen bc articles saying that the google trend let us see that it will go higher but look at it. Google trend is pathetic vs 2017 and look where the most searches are coming from. The poorest country's in the world and this will go up to 30-40k? If I may choose I want that we all where in the same boat and no big whales or a whale that just hodl and then we all play some alts, we sell some profits in btc to hodl and btc went up steady as she goes and the rest to the banks to pay some bills and fuck the banks. That was golden but this merket is just the same as the old corrupt system we live in but time will come...

hux
  • 33
4m ago
There is one thing, i want to be free. Long live the king ( BTC ), short the shitcoins!