Free Market Cryptocurrencies to End Communist Tyranny

in #bitcoin7 years ago

As I recently suggested, with cryptocurrencies having a massive spike from $60 billion to over $95 billion in just the last 10 days, they have begun a retracement and currently sit near $88 billion.

Most of the cryptocurrencies are in the red today as a result.

While in Las Vegas this weekend I did an interview with Omar Bahm of Crypt0 news. He and I spoke about several topics including; what government and central banking really is, cryptocurrency, and a bit about why I like Mexico.

One of the things that I pointed out was how cryptocurrencies are perhaps the best modern example of truly free markets at work and how we are all born anarchists until we become indoctrinated by public school and tell-a-vision.

I mentioned how people need to realize that with governments becoming more and more tyrannical and bankrupt that we will very likely see a hyperinflationary scenario or catastrophic collapse quite soon.

Of course, I point out that perhaps the best way to protect yourself through all of that will be through investments outside the western financial system like cryptocurrencies.

You can check out the full interview here:

If you are still learning about cryptocurrencies check out my free four-video webinar HERE. It will give you the basics of why they are so important and I’ll even send you your first $50 in bitcoin directly from my personal wallet if you accept our offer at the end of the webinar.

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I am hoping we get a nice little pull back...BUY BUY BUY

Should include steem on the list although it's not yet in the top 10

We don't need the government to tell us what to do @dollarvigilante. Cryptocurrency is evolving already and they should envolve with it too.

I've been using Cryptocurrency for many years now and I'm glad everything is going as planned.

In August 2016 it was #3 Now it's around 14th

Holla!!


Giving the shout out to my boy @crypt0 (Omar Bahm) jumping up the the big leagues brother

nice work collaborating @dollarvigilante

I think they should do more shows together. Both are kickin some ass on steemit.

Jeff I wanted to thank you for your great blogs and informative videos. Since joining steemit I have been watching a lot of your video and really been enjoying them a lot. Going to be looking into your Acapulco get together. Thanks for all that you do.

when I'm older i will try not to use a bank as much as possible, they give you .25% a year for savings then loan it out for 16%. I love cryptocurrency because you can be your own bank. This is why i want mass adoption, i would love to buy items online and in store with bitcoin that i have recently made from a trade. Cryptocurrency is the future, so invest! long term!

You are not allowed to use fractional reserves either. Imagine how rich you could become if you could loan out 10 times or more than the money you had.

There are peer to peer lending options to use other than banks too. I have accounts with lendingclub and prosper as two examples.

Banks only exist because people use debt. Everyone should do their very best to avoid all forms of debt. Sure, a mortgage is a bit of an exception, but I would avoid a mortgage if at all possible too.

Don't use debt. Get out of debt. The less debt people use, the sooner the system collapses. Governments use debt too of course, and it is used to justify taxes. No government, no debt.... no taxes!

Very true, its amazing the banks can get away with it.

Banks are infiltrating the cryptoverse with Ripple and the other cryptic differentiated currencies that are conceived with financial institutions in mind.

Do you think it unwise to invest in Ripple from a moral standpoint? I haven't bought into Ripple but like the idea of profiting off the banks attempts as I assume they have lots of money to back it.

But a large part of me feels like they've had enough of my money.

I would not invest in the ones backed by powerful financial institutions. Banks are going to lobby for SEC and other regulators to step in to close the drawbridge on ICO's once they have entered the Crypto kingdom.

words of wisdom

The mortgage should not be an exception. Mortgage literally translate to "death contract." The way to get around getting a mortgage is to rent with housemates or live with your parents.

True, but I bought a foreclosure that is a superb rental. My mortgage payment is way below that of rent. I know no matter what house prices do I'll not be stuck here either. There are smart ways to buy a home in your advantage in other words. :)

Waking up.... thank you @dollarvigilante

Wow sweet GIF to illustrate the new mindset.

Thanks @tastetwist

Thx for sharing

Dollar Vigalante continuing to show us the way!

"tell-a-vision"! 😂 Jeff just when I though you'd peaked with terms such as "Prime Murderer", "Killary Clinton" & "USSA" you throw this one in the mix.

Love it, and your broader message too. Resteeming. Keep up the good work.

"Certificate of Confiscation" :D