[–] [deleted] 0 points 4 points (+4|-0) ago 

[Deleted]

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[–] Cantilever [S] 1 point 4 points (+5|-1) ago 

Mostly, yes, but a goy is about to take the helm. (((They))) can't do it without the goyim

That's why we have to attack the idea of central banking. You're not gonna convince anyone to resist it by telling people (((who))) invented it.

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[–] fusir 2 points 2 points (+4|-2) ago 

To further illustrate this there was a housing boom in 2006 which was an enevitability of Fed policy. See consumers price houses based on monthly cost. That is that the price of a house is highly dependent on the interest rate. The lower the interest rate the higher the value of the house, the mortgage payment being the same. Builders price a house (internally) by the material and labor cost of building which does not change when interest rates go down. So the sale price of a house and the building cost of a house are now essencially price fixed at two different levels. That means build away boys. But who is going to live in those houses now that there is demand for construction without need?

Welcome immigration. We saw peek levels of immigration is 2006-2007. The 2008 crash was not a mistake. It was a delayed symptom of this credit interference while immigration was a less delayed symptom so you can predict the one from the other if you can also illustrate that it's caused by low interest rates and building. Whites were not replaced in your neighborhood. Every one of your neighbors from the past still physically exists. Had there not been new houses that they moved into there would have been no replacement of your neighbors.

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[–] Cantilever [S] 1 point 0 points (+1|-1) ago 

Excellent analysis

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[–] theshopper 0 points 2 points (+2|-0) ago 

Bitcoin was intended to be a currency. Gold price in fiat dollars fluctuates greatly because of central bank manipulations but its hedge value remains constant, I see bitcoin in the same light. In a centralized world decentralization is the answer. Bitcoins bubble will remain until it is used in frequency as apply pay. At which time is will change the world if the bankers fail to stop that.

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[–] Cantilever [S] 2 points 0 points (+2|-2) ago 

So long as the Fed exists, they will use the IRS to classify bitcoin as an asset and tax it accordingly

Crypto cannot flourish with the Fed in power. The Fed cannot be subverted. The NSA and IRS have tools to track every digital transaction. They'll find your crypto no matter what. How will you pay rent anonymously? What about groceries and utility bills? You're on the grid. There's surveillance cameras everywhere.

Crypto is not a viable means to sideline the Fed. The Fed must be defeated head on. Guys have even tried using U.S. mint gold coins to pay employees based on golds face value which the IRS recognizes as they accept payment on that value in gold. They still raided his businesses and he's rotting in jail now for "fraud" and tax evasion. What a hypocritical crock of shit

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[–] theshopper 0 points 2 points (+2|-0) ago 

You need a list of names, dedicated individuals and a bit of chemistry and timing to get anything done. Everyone here knows what you say, how do you plan to shape the future? With compliance?

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[–] uvb76 0 points 2 points (+2|-0) ago 

Value is a subjective function in a truly free market.

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[–] Cantilever [S] 2 points -1 points (+1|-2) ago 

Agreed. Take away people's faith in it and what use does cryptocurrency have?

Gold and silver have numerous alternative uses. They're used in electronics, jewelry, auto parts, medical devices, etc

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[–] uvb76 0 points 3 points (+3|-0) ago 

Crypto has one real good use and that is capital flight in a world gone mad with red tape and secret police. Along with many other possible uses that I have yet to realize.

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[–] Chiefpacman 0 points 1 point (+1|-0) ago 

Agreed.

Other than moving to a 3rd world country, what do we do to fight them.

Especially when you take into account, all urban areas support the system.

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[–] Cantilever [S] 2 points 1 point (+3|-2) ago 

There needs to be a grassroots awareness campaign. Explain to as many people as you can how central banking is theft. Everybody can get on board with this. Left, Right, cuck, chad, Muslim, Christian, everyone. Literally everyone should agree that theft is bad and worth fighting

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[–] Nalbarcam 0 points 1 point (+1|-0) ago 

dude, obviously you do not understand human nature as well as those guiding the herds right now

if it were that fucking easy we wouldn't have to talk about it

look at the election for christ's sake, clinton is a literal serial killer who sold uranium to the russian mob and silicon valley tech to the chinese and yet guess how many people were too stupid to even allow themselves to THINK about what was going on let alone read anything contradictory to the media flow

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[–] SlappyHo 0 points 2 points (+2|-0) ago  (edited ago)

Just to play devils advocate: if we replaced fiat currency at this point, the value of the dollar would plummet as there is simply too much money in circulation to be backed by a tangible asset. The value of gold is artificially surpressed by the bullion banks. When someone buys gold, say a government, they dont actually buy the asset but rather a claim on the asset. If we were to suddenly back the dollar with gold, the holder of that gold would see outrageous gains in value....and guess (((who))) holds the actual gold? We are really faced with a decision, hyperinflation seemingly overnight, or gradual inflation over the course of our lives?

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[–] Cantilever [S] 1 point 1 point (+2|-1) ago  (edited ago)

The U.S. treasury is the largest gold reserve on the planet. A return to the gold standard would indefinitely stabilize the dollar after the shock of half a century of money printing wears off

I'll take a giant short term shock over long term torture waiting around watching my country turn into a police state while they setup their global government

You don't understand, America is the last stand against the NWO

The first and second amendments are the biggest thorn in their sides that's slowing them down. But they're under massive attack and if we don't route the Fed out soon enough, the world is going to be in for a lot of misery

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[–] EyeOfHorus 0 points 5 points (+5|-0) ago 

U.S. treasury is the largest gold reserve on the planet

I'd like to think so also. What happened when Germany asked for its gold?

America is the last stand against Lucifer.

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[–] Baconmon 5 points 19 points (+24|-5) ago  (edited ago)

Luckily for the world, you are wrong.. Crypto will replace fiat currency.. Have you actually done any critical thinking about all of this?.. Saying that cryptos are a fad that will go away is like saying that the internet will diminish and go away..

Crypto is here to stay.. It is a natural step in our technological advancement, and if satoshi didn't create bitcoin, some one else would have eventually created some thing similar, just like if the guy who invented the telephone was never born, some one else would have created some thing similar eventually, because that is just how technology advances..

If you compare fiat to crypto, fiat loses on almost every aspect, rendering it obsolete in a technical sense.. But fiat has a huge foothold so it will remain with us for a bit longer, but it has already started on its way out..

Down-vote me if you like, but you had best come back and up-vote me again several years from now when cryptocurrencies are literally every where and every store in the world is accepting them..

As far as gold/silver being "sound" currency, what makes it sound? It is a hunk of metal that people give value to.. Yeah I know it glitters in the sun and is very pretty.. But if people give value to some thing else like cryptocurrencies, then it has value.. If you know bob johnson down the street will give you a new car in exchange for some bitcoins, suddenly you are trying to get ahold of some bitcoins..

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[–] Cantilever [S] 4 points 0 points (+4|-4) ago 

The value of Silver and gold go far beyond just their looks. The fact that you don't know this shows the hypocrisy of this statement:

Have you actually done any critical thinking about all of this?

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[–] Nalbarcam 0 points 3 points (+3|-0) ago 

silver will not be able to be used as a transactional material. It is far too valuable as a technological ingredient

you're making fun of cryptos saying that the gov't will prevent buying and selling... they could do that much easier with gold and silver ya know

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[–] AinzOown ago 

Crypto still doesn't make sense to me and makes me feel like a dumb nigger. Like how does it get its value anyway? I buy it with fiat money right?

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[–] KoKansei 1 point 1 point (+2|-1) ago  (edited ago)

How does anything get value? By having it bought and sold in the market place.

The whole concept of "intrinsic value" is bunk. The most objective definition of value is purely whatever someone is willing to pay for something.

Bitcoin (Cash) and other cryptos have value because people are willing to exchange a certain amount of other goods or services for them. This is because bitcoin has properties / features as a money that cannot be obtained anywhere else.

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[–] go1dfish 0 points 3 points (+3|-0) ago 

It gets its value the same way beanie babies do. People demand them.

The difference is that the supply is mathematically limited in a way that cannot be centrally gamed.

Also bitcoin as a network/currency has much more utility than beanie babies, like killing the fed in the long term.

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[–] EyeOfHorus 0 points 1 point (+1|-0) ago  (edited ago)

is like saying that the internet will diminish and go away

I said this in 1994 after hiding a physical server on the University of California backbone, hacking my own DNS IP and being offered money to advertise collector cars on my automotive website. Fuck me.

[–] [deleted] 1 point 2 points (+3|-1) ago 

[Deleted]

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[–] Baconmon 1 point -1 points (+0|-1) ago 

Yeah it does need internet, which is a disadvantage of it compared to fiat or gold, but enough people feel like they will always have internet access save for an apocalyptic disaster so I guess most people don't mind that disadvantage..

There are already many businesses that will accept cryptocurrencies (rakuten, overstock, newegg, etc) despite the volatility, maybe because they convert it to fiat quickly as soon as they receive it? (Although I know overstock keeps 50% of the crypto it receives for the purpose of investing in them..)

But yes, the volatility is a current issue with cryptocurrencies, and it will continue to be that way until they become mainstream and the price finally levels off and stabilizes.. The more wide-spread a particular coin is, the more stable the price tends to be.. This is why bitcoin is the most stable coin price-wise compared to all the other coins (although compared to fiat like USD, bitcoin is still wildly unstable)

It will continue to be mostly an asset class until it becomes very mainstream.. Over time it slowly morphs from an asset/currency class to just a currency class..

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[–] talmoridor-x 0 points 1 point (+1|-0) ago 

https://substratum.net

https://powerledger.io

There's already work being done aimed at decentralizing the internet and electric power alone using the blockchain, same technology that cryptos use.

It's also worth looking at IOTA, a technology that could support both internet and power.

https://iota.net

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[–] GassyMcGasface 0 points 1 point (+1|-0) ago 

Check my posts. Even my alts have always suggested we gas all the Rothschilds, every last one.

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