This interview is pure gold!
Jesus Christ, listen to the words coming from that mouth.
Please devil21, watch it! I beg you on my knees. And tell me your wisdom
Sound money means constitutional hard money, not NSA/MIT vaporware.
Still better than fiat!Lysander Spooner said:“But whether the Constitution really be one thing, or another, this much is certain - that it has either authorized such a government as we have had, or has been powerless to prevent it. In either case it is unfit to exist.”
According to usdebtclock.org, bitcoin and gold are currently around the same valuation ($39k btc, $34k gold), if not for the banker's 100 paper-1 physical suppression of gold. I've always thought that bitcoin's valuation represented physical gold's actual dollar value, hence why "a bitcoin" is always represented as being a gold coin.
The fact that bankers are promoting btc and not using futures markets to suppress it, instead of suppressing it like they do physical metals, continues to tell me that bankers want the people to sell off their real wealth, while the bankers continue to hoard physical metals, and put your faith in digital, fully tracked nothingness.
Probably because you need a bank account when you go through exchanges. All of those exchanges store enormous amounts of personal data -- to deter fraud and other maliciousness, supposedly -- and governments would have access to all of that [as if they don't already?] when they declare cryptocurrencies illegal. ("Only Congress can coin money!")This is your view then why not ride bitcoin up then periodically take what you perceive as profit in gold and make half of your position or whatever you choose.
Every single large online bullion dealer takes bitcoin and even gives a discount compared to fiat (as well as my local coin shop).
Probably because you need a bank account when you go through exchanges. All of those exchanges store enormous amounts of personal data -- to deter fraud and other maliciousness, supposedly -- and governments would have access to all of that [as if they don't already?] when they declare cryptocurrencies illegal. ("Only Congress can coin money!")
What happens then? (How many die from stupid government, this time?)
lol...My point is that crypto isn't as anonymous as you think.Here’s the reddit for trading precious metals for crypto.
https://www.reddit.com/r/Pmsforsale/
This is an article on buying without verification
https://99bitcoins.com/buy-bitcoin/anonymously-without-id/
This search took about 1 minute...
If this is your view then why not ride bitcoin up then periodically take what you perceive as profit in gold and make half it of your position or whatever you choose.
Every single large online bullion dealer takes bitcoin and even gives a discount compared to fiat (as well as my local coin shop).
I do my best to not support ponzi schemes any more than I need to. Plus, playing in the bitcoin sandbox requires turning over every piece of personal info, maybe short of my blood type, to some practically untraceable exchange with a PO box address or empty store front address and no customer service. It's obvious that they gather such info so it can promptly be turned over to the IRS. I'd rather earn fiat as a man exercising some level of sovereignty and exchange it for an asset I can make use of, instead of hoping that the next time I want to access "my" assets, the exchange isn't experiencing "technical difficulties" or experienced a "hack". Isn't it remarkable how coinbase suddenly has technical difficulties when bitcoin experiences a 15-20% pull back in a matter of minutes? Finally, anything managed by an exchange or held in the "ether" isn't my asset any way. It's the same old legal mindscrew of "equitable interest", but not ownership of the fruits of my labor. Sorry, I just don't like it, I know way too much about its purpose as the introduction to digital "company scrip slave wage" and I don't care much for fiat currencies in the first place so pricing it in a hyperinflating fiat doesn't tickle my loins much.
Besides, even if I ignored all of that, the price is way too stupidly high to get involved with now. I'd wait for the inevitable periodic 50+% crash that comes after these mania run-ups, which has repeated through bitcoin's entire existence.
The “scheme” is us being forced to transact in fiat that robs one of power and value. If you can’t understand that then I doubt you’ll understand bitcoin’s appeal.
Seems you’ve closed off your mind anyway if post #1045 and 1047 didn’t help you.
This is a waste of time.
The “scheme” is us being forced to transact in fiat that robs one of power and value. If you can’t understand that then I doubt you’ll understand bitcoin’s appeal.
Seems you’ve closed off your mind anyway if post #1045 and 1047 didn’t help you.
This is a waste of time.
Bitcoin could be a part of the great reset or maybe not. All the research I’ve done it in indicates that it was the culmination of decades of trying to create a counterfeit proof digital money.[MENTION=2727]devil21[/MENTION] has legitimate reasons/concerns that I absolutely agree with.
A few points to make:
1. Bitcoin is in fact part of the "Great Reset".
2. It is extremely volatile, where one can profit enormously, and/or fail miserably.
3. To a degree, "you can't stop the change"; it may be inevitable that "digital" money (nothing but a software program), is the way of the future.
4. This, combined with AI, will permanently bind individuals to the world-wide apparatus grid, where Individualism will no longer exist.
The take away: Never put all of your eggs into one basket. Always diversify; brokerage accounts, IRA, Real Estate, Precious Metals, and Bitcoin if you can accept the risk. Get out of debt=slavery and determine what is best for you and your individual lifestyle.
.....and bitcoin has lost over $10,000 of fiat value in 2 days. It's a speculative play, that's it.
Cryptos/bitcoin, and soon to be CBDC, is the nothing more than the next iteration of fiat plantation money, developed and rolled out by the usual suspects. This time it's even less private, even less real and even less constitutional. If you can't understand that then I doubt you'll understand why I don't like it. Having said that, I expect the CBDC will be declared gold backed, so I'd rather hold the asset that backs the new money substitute instead of some "competitor" crypto.
Why would a state suddenly back a currency in gold? they could have done that for decades and have not.
.....and bitcoin has lost over $10,000 of fiat value in 2 days. It's a speculative play, that's it.
I'd get along with you coiners a lot better if you'd just admit that bitcoin is a banker invention, all the claims of "anonymity" and a "threat to the bankers" made over the years in this thread was complete bs, and that you don't really care about any of that. You only care about trying to profit in fiat from the bitcoin ponzi, since the dollar to whatever your crappy national fiat currency exchange rate is gives you an elevated standard of living in your country. I respect honesty, at least. Bull$#@! doesn't go very far with me and certainly doesn't help your case for "investing" in the ponzi.
"excepted"....jeez at least get a grammarly plug-in so your ESL isn't so obvious.
Yeah that's crazy talk, never mind. Carry on.
How do programs that can potentially replace banks -- and credit card systems -- benefit bankers, devil21?Still better than fiat!
Used the right way, cryptocurrencies level the playing field against bankers.