Cryptos are a fucking scam to sucker people out of their money who think it'll replace fiat. It has no intrinsic value
Only sound money (silver and gold) can save us from eternal debt slavery because they are real stores of value
Get off Voat and start educating people about central banking. Go tell all your friends and family. Start a grassroots campaign to lobby congress to abolish the Fed and return to the Constitution
This is something liberals and conservatives can really rally around. Nobody likes being stolen from. Tell them why they should lobby hard for this. Hell, run for office if you think you can pull it off. Even if you don't get elected, campaigning is a great way to raise awareness. Worked great for Ron Paul. He woke up millions of people to the threat of the Fed
Focus on this one thing. Fuck everything else. We can come back and fight all the other shit later. If we don't end the Fed, there won't be any point in resisting the creep of multiculturalism, feminism, surveillance, endless war, degeneracy, etc.
These are distractions created by Jews to keep us from focusing on their source of power - fiat money
Kill fiat and everything else goes away with it
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[–] KoKansei 1 point 1 point 2 points (+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.
[–] AinzOown 0 points 1 point 1 point (+1|-0) ago
So I don't know how anyone can get into bitcoin if they have no idea what its worth. I also don't know how it originated. It's digital right? Someone made it? Why can't they just give themselves a trillion bitcoins whenever they want?
Like how does it get issued?
[–] KoKansei 0 points 2 points 2 points (+2|-0) ago
It is issued by miners locked into a competitive Nash equilibrium. Essentially miners are economically incentivized to issue coins according to a fixed schedule.
You can read about it here: https://www.investopedia.com/tech/how-does-bitcoin-mining-work/
Also refer to the Satoshi whitepaper for a higher-level overview of the system: https://bitco.in/bitcoin.pdf
[–] Cantilever [S] 2 points -1 points 1 point (+1|-2) ago
Good luck with your cryptos in a power outage