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Global governments initiate Bitcoin ban | Bank accounts used to buy Bitcoin closed | Whats next?

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  1. Check out more videos: https://www.youtube.com/playlist?list

    Learn more about mining:

    https://www.youtube.com/playlist?list

    EVERYONE loved this video:

    https://www.youtube.com/watch?v=vjYdLxM3Ss4&t=33s

    Cool stuff to check out:

    Check out Unstoppable Domains! Blockchain based domains that protect you and your content! PLUS, can be used as your cryptocurrency wallet addresses!

    https://unstoppabledomains.com/r/fc3c

    Get the world's first ELITE cryptocurrency debit card:

    https://platinum.crypto.com/r/y29x6c4ehw

    referral code y29x6c4ehw

    Check out my Patreon if you want some gold nuggets.

    https://www.patreon.com/mrkristof

    BUY A NANO LEDGER S HARDWARE WALLET

    https://www.ledger.com/?r=49c8

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    Add me on Xbox Live: VoxiKnight

    Thank you for watching the Mr_Kristof YouTube channel

    DISCLAIMER: THIS IS NOT FINANCIAL ADVICE AND I AM NOT A FINANCIAL ADVISER. AND THESE ARE SIMPLY MY OPINIONS AND SHOULD BE TAKEN AS ENTERTAINMENT ONLY!

    #bitcoin #cryptocurrency #altcoin

  2. Awesome video, the truth shall set you free! From day one I said if Institutions get in this space it will be a bad thing. Why? It's all controlled by Government/ Elites.

  3. A few days ago, something struck me. The restriction of 21 million should be about the most positive aspect of Bitcoin. But what if it was its Achilles heel ? There are institutions owning a good chunk (3%, 5% ?) of Bitcoin. Hell; even Satoshi – if he's still alive – owns about 1 million BTC, or 5%.
    Now imagine one entity owning 5% of all available dollars, or 5% of all available gold or silver (in the latter case, JP Morgan could well be in that position ..). Wouldn't that scare the sh¨t out of central banks ? In the case of BTC, this is all good and normal. Or at least it's possible.
    There's no need to play war games; just buy up as much Bitcoin as you can and you get control over the price.
    And there are already multiples of 21 million BTC if you take the futures in account, so BTC is going in the direction of the 'silver' game .
    I doubt strongly if we ever will pass the $11000 level, let alone see new all time highs again.
    Ask any silver stacker how he's been doing with his stack for 30-40 years …

  4. Ethereum will become the currency and medium of exchange, Bitcoin will always be the store of value and financial instrument for Wall Street. Those who have BTC will start swapping it for transactions for a wrapped version or start using BCH for transaction fees on BTC will be too high.

  5. If I am not going to HODL my 3000 different altcoins, (hoping just one becomes the new bitcoin) then I would sell them all and use NEO or Metahash, the only 2 free to transact, but NEO plans to charge some day for gas, so it breaks down to a single altcoin I would use for daily transactions.

  6. I was just talking to a friend about back in the day, all you needed was a job and you could buy a house, a car and start a family. Times have changed dramatically. Appreciate the topics you decide to talk about!

  7. china has banned bitcoin about 10 times..and BTC is still very much alive and kicking…INDIA is no gonna be any different.. no matter what governments do… BTC ecosystem is unstoppable..we will moon!!

  8. I think bitcoin will becoem a reserve asset in a decade, not the world reserve currency. Look at what Microsoft is doing on bitcoin. It will be used for all type of applications and used to move value /data. Doesn't make sense to use bitcoin as a currency under the current tax laws. Also bitcoin is to small of a market. Imo it must become a great store or value with more liquidity and become more stable in price befor it becomes a everyday currency. Im not buying a drink with bitcoin if its a tax event. In time it will be used as a currency by alot of people when the market cap grows and it becomes more private and with updates.

  9. Good video, I agree with you. Bitcoin should become currency, so the bank start losing their power. Unfortunately you are the only You Tuber talking about this. Thanks.

  10. I listen and try to absorb as much information regarding crypto and the way forward in the future. You produce some videos that are right on the button in a factual way that are some times a bitter pill to swallow but necessary to understand what’s going on and not blind myself with hopium.

  11. Mr_Kristof i agree with you. There has to be a way for you to show us how to use Bitcoin as a currency. I think that there is not that many places that take Bitcoin right now. I would be great if there is a way to have all of the big companies use it or even small businesses to take it. There just has to be a way for us to use it and that will give us a reason to spend it. How can we get institutions to adapt to it? What is the next step as a Bitcoin community to make this work?

  12. You made this message too late in the game Man.

    You should have been pushing this message from the beginning of 2018, then if it had caught on we would have stood a chance.

  13. bitcoin is not a convenient currency right now. if I need to buy a coffee, why should I go to an exchange to buy btc to buy a coffee?when I can just order a coffee with cash! you're in hurry to make btc something it is not yet. a convenient currency. right now cash is a convenient currency even though it's being devalued. eventually btc will get there, it's not ready now.

  14. Dude, terrible haircut! Weather is nice over here.

    If you ever read currency wars by Jim Rickards, it might give you some insight into such war games. Rickards was hired some years ago to host war games with credit default swaps, gold and other weapons of financial mass destruction. Interesting that they've now included BTC.

  15. The banning of Bitcoin and other cryptos would have the effect of allowing them to finally be what they were supposed to be, an alternate banking system where ALL your needs are met without the need for fiat. Unless the governments shut down the Internet, which is highly unlikely, Bitcoin can't be eliminated. And if you still wanted to use the fiat system you could barter Bitcoin for it. I think the ultimate crypto will be one that doesn't need the traditional Internet to operate, a tech that allows one to exchange it like physical cash. Maybe via another kind of Internet utilizing wireless tech., Smartphones, WiFi, USB, smart memory cards, etc.? USB Coin anyone?

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