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RE: Community, Crypto and Freedom: Jeff Berwick On The Freedom's Phoenix Podcast
Bitcoin is unstoppable, it is the decentralized engine, though transactions are public. But untraceable currencies such as Monero are poised to capture a decent part of the market share. Stay thirsty my friends.
http://mapofcoins.com/ something that Jeff doesn't talk about! Worse than QE.
geez what is all this? so many forks.
Every single fork is a complete replication of the 21M BTC. QE on steroids!
So what can we take away from this as far as investing? BTC still one of the best coins to buy?
http://mapofcoins.com/ Every time BTC forks, it again makes 21M new coins. QE is an innocent baby in comparison. It is not good. I am against any form of forking.
I think all the believers of Cryptos will be in for a Rude Awakening...
You'll be much better off holding onto Physical Pocket Change before
the Reset and Transfer of Wealth takes place... It's just around the corner...
You can read more about my PC Theory on some of my many Expired Posts...
@pocketechange
... $7.77 ... ... 1 Vote ... ... Reset
@pocketchange, How do you figure? Do you have any material to back your claim here? I browsed through your page and didn't come across any supporting articles, perhaps you could provide a link?
I'm an original thinker... You're getting it straight from me...
You can however, look up Article 1, Section 8 of the United
States Constitution, where it says that Congress has the Power
to Coin Money and "regulate" the Value thereof... The Federal
Reserve Notes have lost (in my opinion) 99% of their Purchasing
Power, which leaves a Pennies worth of Value... The Reset of our
Coinage will bring it back in line with the Play Money we've been
using as a Medium of Exchange and paying interest on for all these
years, putting us deeper and deeper into debt... We need to return
them to the Federal Reserve System after the Reset of our Coinage...
This is the one and only way that President Trump can help us "Make
America Great Again"...
I tend to see things that others over-look... Sorry, but I've said many
times throughout my Posts, that this is my Theory... It's mine, it's not
from someone else's article or link... It's straight from me... I am the link...
@pocketechange
... $7.77 ... ... 1 Vote ... ... Reset
I think your interpretation of the law has led you to a false conclusion. Bitcoins themselves cannot be regulated under current law. Bitcoins are not created by the federal government but through data processing within a network of computers. Thus, bitcoins are very much like a foreign currency and remain outside of U.S. jurisdiction as far as valuation or creation.
When you say that the "reset" is right around the corner, could you please define a more specific time frame?
When the Reset happens, it will be like Flipping a Switch...
You will either be Holding Physical Pocket Change or you won't...
I figure it will be done by an Emergency Executive Order from
The President of the United States... The Transfer of Wealth
will also happen at the Reset...
If you think any one of the Crypto Currencies are better
than Common Pocket Change backed by the United States
of America, then by all means, go out and invest as much as
you feel comfortable investing. in your Invisible "Ghost Money"... wow... I just Coined a new name for "Crypto Currencies"... Learn from an Original Thinker...
@pocketechange
... $7.77 ... ... 1 Vote ... ... Reset
All money is ghost money. An agreed upon idea. A concept. Nothing else.
Thanks for commenting... It's all good...
@pocketechange
... $7.77 ... ... 1 Vote ... ... Reset
You did not answer my question, what is the time frame for your proposed "reset" and what evidence do you have for it?
The US dollar...as you term "pocket change" is actually backed by trillions in debt, with zero intrinsic value. It is the definition of "ghost money", it does not exist, it is fiat! Junk silver, aka quarters and dimes that were minted before 1964 indeed already have intrinsic natural value due to their silver content. But today's pocket change is made cheaply, with inexpensive materials that hold insignificant melt values. I think that you are grasping at straws and leading people to a false conclusion.
For one... A Digital or Paper Dollar is very different than a Dollar Coin, be it Gold, Silver or a Hundred, Copper plated Zinc Coins... It's not the metal value in our Coinage that gives it Value as a Workable Medium of Exchange... It's the Constitution of the United States of America... You ask for a specific time line... Anyone would be considered a Nut Case if he or she attaches an exact date to the Reset and Transfer of Wealth... Sorry, I can't fall for that kind of Trap... By the time the Reset happens, it will already be too late, to be "in on" the Largest Transfer of Wealth the World has ever seen... Do yourself a favor... Buy a hundred, one dollar coins... If I'm wrong, at least you'll have some U.S. Issued Cash outside of the Banking System when their Doors are Slammed Shut... If I'm right, you'll have a big smile on your face... There will be no losers because of the Reset... Only winners...
@pocketechange
... $7.77 ... ... 1 Vote ... ... Reset