>>2222550

Crypto currency is a extremely poor stand-in, since it is totally dependent on a mechanism for electronic exchange/transfer.

The obvious first casualty of any apocalyptic event would be electricity.

(EMP??).

Does anyone seriously believe the electrical grid would not be the first necessity to go. One need no further evidence that the Iraq War where they trashed access to power, water, etc.

How long would NYC, Washington, et al. survive before it would become a Mad Maxx Thunderdome. Laugh at the survivalists, but they can survive when the metro areas resort to even more Darwinian survival.

Essential material goods become the new "currency" via the original barter system.

Half the population would starve or dehydrate within about 30 days, from natural or man-made causes. Picture a WalMart doing pre-Xmas sales then multiply by a factor of 100,0000.

Remote/rural and self-reliant would be the only choice to survive.

Crypto - useless

Food supplies - limited to what you can carry and protect

Bartering - What do you have that is "valuable" to someone else.

Think Plymouth Rock in 1620-1621. Half died, but not from being killed by other Puritans

On a positive note, the surveillance state, corrupt parasitic government and evil banking systems would be obliterated. Marxist's will finally get what the wished for, but the "means of production" would be available to redistribute to the masses. Their plan presumes there is a "system" they can loot. In engineering terms, "a fatally flawed system" leading to chaos according to the effects of entropy.

>>2223887

Typo:

"means of production" would NOT be available

>>2228097

Sounds very poetic, and Pollyanna-ish. The board is not an economic system and you seem to have a naive & grossly inflated sense of entitlement. All the "normies" in the world will send "us" $1? And what "value" do you think the board can provide in return?

Aside from the obvious utopian awesomeness, who gets the money, how is it divided up, etc. No rules, no control, no bosses. no leaders(?), but many,many normie followers. I suppose the governing structure should a libertarian anarchy?

A better economic model for this board would be a monastery - Christian /Buddist/Tibetean etc. Little or no real contact with the outside world. Intense focus on individually-chosen issues; learning and enlightenment - socially cutoff from the rest of society and sufficing on the alms of others, No product to sell, so the $1 would be a charitable donation?

Since this isn't a job and no one gets paid, I presume this is purely recreational for most, mildly educational for others, a source of enlightenment by the many esoteric gurus and geniuses ready and willing to impart their wisdom achieved by intuition and spiritual energy.

If you think I am being too critical, perhaps you could initiate a small scale proof-of concept project with other like minded anons. You can keep all the money donated.

You can then report back to us on your inevitable success and surely will attract more followers/members.

Does a pilot plan sound like something you would be interested in starting?

We await with eager anticipation for the results and proof-of concept for our project.

As an aid to getting started, you might find the story of the "Little Red Hen, very informative

I am excited already.

How soon do you think you could get started?.

>>2228178

Spoken like a true Revolutionary - All Power to the People

Lenin, Trotsky and Mao would be so proud.

Not that evil Adam Smith who conspired with the Capitalists

>>2228178

Think mirror - It reflects back an image of yourself

>>2229099

Have you asked,

"Who will help me bake the bread?"

Sounds like a solo mission, since many will take but fewer will make.

Non-profit is a great Marxist dodged. Your only expense is the value you assign to your own.time. As long as you take all the money out the board pays not taxes, but you pay personal takes on it.

That's how the all work. Make sure to spend all the money on "something" to avoid taxes. Have you seen the payroll and travel expenses for all their staff. Shell game is they "donate it to a "trust" that only they control. Poof !! any extra money if a gift to charity - their non-taxable charity.

O though we were all going to work on the project?

No volunteers yet Little Red Hen? There will be if any money rolls in, since is "our" board. and you can't legally collect all the money for "the board"

FAIL - try again after Business 101 including business law, marketing, accounting & taxation

Utopia isn't free Some on has to do the work and everyone shares the money.

Thanks for volunteering

>>2236837

Coins are just currency - a token representing value held elsewhere. Coins are worth their melted content - nothing more unless universally accepted by other traders.

>>2237615

Yeak we are all going 4D where money won't be needed, nor will clothes since we will be "spirit-only, with no bodies. just beams of light connected to other beams of light communicating

For details - see description "The Borg"

>>2259407

Where are your cryptocurrencies when the electricity goes off or there is no Internet?

What happens to cryptocurrency in the event of an EMP, which is not all that difficult for many hostile powers to possess and use (including the Cabal as their last act of evil)

How much cryptocurrency could you produce with CIA Seven Dwarfs?

What suckers!!!!!

>>2259407

What is this Binary Code you mention?

Is that like ones and zeros or some secret only you know?

What kind of currency is immune to loss of electricity and connectivity ?

You don't need money, just something valuable to trade THAT OTHERS VALUE.

I suspect you come up real short on that measure, and would be happier in an anarchy, although you can't control the other citizen who could do any thing they want to you, and no one to save you. Why would anyone risk their life to save yours?

Glaringly obvious answer - no one

>>2259407

Troll repellent was successful - all clear

>>2345600

You sais it right - you are imaging since you can't beleive there are an shortcomings.

I could give you about 20 of the top of my head, but won't bother.

More effective if you learn the hard way.

Just remember where your currency is if the lights go out or the Intenet access was unavailable from wherever you are.

Some of us aren't uneducated idiots.

We own you know "proof".

Experience is the best teacher

>>2447650

It is an idea but not a plan.

If taken literally and by itself, is unworkable

Effective 30 months after the date of enactment of this Act—

(1) the Secretary of the Treasury (in this Act referred to as the “Secretary”) shall define the dollar in terms of a fixed weight of gold, based on that day’s closing market price of gold; and

(2) Federal Reserve Banks shall make Federal Reserve notes exchangeable with gold at the statutory gold definition of the dollar.

This would allow all US bond holders to exchange their fiat dollars for gold, at a price to be determined by "that day’s closing market price of gold"

1) What would that do to the price of gold until then ^^^^^^^^

2) The entire world of bond holders would drive up the prce of bonds and the price of gold, simultaneously to maximize cash our exchange for gold

Where will the FED get all the gold to redeem the T bills?

I don't think they own much gold - fiat money

Who gets screwed royally?

We owe 20 trillion - do we have 20 trillion in gold or anywhere near that?

Insane idea but the folks back in West Va will think it sounds good, but take a big one up the ass.

Crash of 1929 and 2008 will look like "the good old days"

>>2451914

Bitcoin is just another case of fiat money, and 100% vulnerable to electric power and Internet connectivity.

Loss of either would be catastrophic and create total panic & chaos.

Think of bank closures writ large

>>2221598

The NESARA plan is sure to be a winner with retirees, and people with IRA or other retirement plans. That is only some of the reasons it fell flat

…included replacing the income tax with a national sales tax,

abolishing compound interest on secured loans.

(That would apply to "anyone" that loans money. Why wouldn't they just make loans outside the US where compound interest still exists. I can think of about 50 ways that could be done. Where would you go to get a loan then?)

>>2492078

And naive fools never realized this is exactly what would happen?

Shows lack of very "serious thinking" to miss this little item.

>>2477185

Does it included discussion of the negative consequences or just "rosy scenario"

Fortunately, even Boomers could see through this non-viable proposal, hence it's quick death

>>2492005

He is an Ayn Rand fan and likely Austrian school

and hard-core gold standard guy

F.A.Hayek and Ludwig von Mises are same school of thought

Married to Andrea Michell and married by Ruth Bader Ginsberg so don't know how that filts his financial worldview

Strange mix

>>2460335

That presumes they both DO come back up in a "timely" fashion.

What happens if only partial or prolonged.

Dead Stop Panic > Chaos

Think in terms of a run on every bank, and effective "bank closing" until both restored

>>2515688

Bump #1

>>2521142

Mortgage loans stay, but ability to pay bottoms out like 2008.

Your explanation is seriously flawed

Companies need money to buy raw materials (loans)

Where would people get the money to buy your now "higher priced" house.

Is it more valuable (supply vs demand) and can buyer get a loan?

What you described is fantasy land and recent and past history has shown that is NOT what happens.

Now, there might be a plan to migrate away from the Fed as "source of currency".

The debt remains so bonds dive, but we pay interest only on the debt service, choking the Fed and providing a floor for bonds.

too complex to describe here, and lots of loose ends, but there may be a way out without a world wide depression (a la 1930s)

>>2521603

Inflation is a controlled devaluation, but IS a devaluation that makes hard assetts more valuable but loans/bonds worth less.

Study the 1960s thru 1980s and see the actual results

>>2521696

There are many very smart and experienced people already working on it.

8 chan can stand down - they won't be involved

>>2521696

Why do you think he really hired the Goldman Sachs guys in his admin?

Not to get phucked by bankers - he dealt with them his whole life and is still rich

>>2527099

I prefer Ouija boards, tarot cards and chicken bones

>>2527563

Younger people have speculations

Older people have memories re:your speculations

They "lived" through things you need to research.

But some haven't figured that out yet and think this is all "newly uncovered secrets".

We didn't stop it - you won't stop it - Q & team will, so lose your condescension, and you might learn something

>>2527563

Don;t take financial advice from anyone posting on a chat board.

Learn more about finance and you will see the errors in what you were told.

He is probably a stock broker/peddler selling empty promises

>>2602866

Reddit users share suicide helpline on cryptocurrency page after bitcoin price crash

https://finance.yahoo.com/news/reddit-users-share-suicide-hotline-164413029.html

Support forums for suicide prevention are being shared on cryptocurrency forums amid concerns for the mental health of bitcoin investors after a major market downturn.

The price of bitcoin dropped to around $6,000 on Tuesday, down from above $8,000 at the beginning of August. At its peak in December 2017, bitcoin was trading at close to $20,000, after shooting up by around 1,900 per cent in value in 2017.

Such dramatic gains saw interest in bitcoin spike as new investors rushed to buy cryptocurrency in the hope of making a quick profit. In early January, however, the price of bitcoin collapsed to around half its value in a matter of weeks.

It has since continued to slide, in what has been the cryptocurrency's worst ever start to a year since its 2009 inception. Previous price crashes have led to reports of people taking their life in relation to cryptocurrency, prompting people to share links and phone numbers to support services.

The latest crash takes bitcoin back to the same prices it was trading at in November 2017, however investors in other cryptocurrencies have been hardest hit. In the last 24 hours, ethereum and bitcoin cash plummeted by almost 20 per cent, amid speculation of a mass sell-off.

The price falls sparked fresh concern for people who may have lost significant sums of money. One post to the popular r/cryptocurrency forum on Reddit shared helpline numbers and website links for the US Suicide Hotline and the National Alliance on Mental Illness.

"If you feel you might be suicidal, and live in the United States, I urge you to call the Suicide Hotline at 800-273-8255 or navigate to Suicide Prevention Lifeline for a live chat and additional resources.

>>2637472

Q had nothing to do with it.

It got comped by the big money and they crashed it twice to seill high then buy low.

Amateurs will get their ass handed to them every time.

Crypto currencies have limited utility and are still fiat currency - no real value behind them

>>2637493

Can't happen they way you described. Learn something about the Federal Reserve SYSTEM. You can't break off a piece. They insure each other and absorb the losers (and consolidate with fewer).

You can't understand the banking systems from a one page website post.

If it was that easy everyone would be a banker

>>2625614

Why would anyone want to buy memory and processing power from you, when they could be a far better value from some cloud provider.

The can afford the infrastructure at a far lower cost than individuals.

Crypt can;t replace currency since most of the population will not accept it unless they have confidence in the "managers"

>>2637472

Why not crank out some free Bitcoins for yourself?

Isn't that the basic idea?

Everybody can "create" their own money not based on tangible assets?

>>2637103

He looks like he was a real insider with lots of information.

/sarc off

>>2669361

Crypto currencies are a scam.

It is too easily co-opted by big $$ financial types.

You think they wil let you have control?

What happens to every crypto currency?

Run up then crash - Sell high then buy back low

Rinse & repeat

>>2669730

You don't understand much about financial systems.

It is more than buying shit on the Internet

Capitalism requires capital - Where does that capital come from

Somethig "like" the FED is necessary, but not one that is privately owned as ours (and most others) are.

Rothchild-types don't care about the form of currency

They are focused on capital-formation

>>2621654

Amateurs playing a big boys game

Any major financial player can control this market without too much effort

Run price up a or crash it depending on whether they are trying to buy low or sell high

Deep pockets rule the game - as in poker or business

>>2674162

Too bad you will have nothing to say about it.

Can't vote on a replacement that people can't understand.

Cryptocurrencies are dead is power and/or Internet access is gone.

Read up on bank runs in 1929 then presume every bank goes on "bank holiday"

>>2680264

Is that you Karl?

>>2673366

How is wealth created?

How does wealth transfer occur?

Why don't people at the bottom start companies and create wealth ( Oh, yeah, they always did)

Why do so many think that the total wealth of the US belongs to "We, the People"?

Revisit is the story of the Little Red Hen

The Little Red Hen found a grain of wheat,

Said "This looks good enough to eat,

But I'll plant it instead, make me some bread,"

Said to the other guys down the street,

"Who will help me plant this wheat?"

Chorus:

"Not I!" said the dog and the cat.

"Not I!" said the mouse and the rat.

"I will then," said the Little Red Hen,

And she did.

It gets better from there

https://people.wku.edu/charles.smith/MALVINA/mr099.htm

>>2682673

Great case of insane logic

If someone shows me where I am wrong, that is a sure sign I am right?

Maybe one of the reason no one takes crackpots like you seriously.

When do you expect Trump to have you come in and take over the world's financial system since your theories are so superior and perfect.

That sounds line the same logic used by Lenin and Mao.

We ill all sit back and laugh as the professional money manipulators take all your money. Notice the instability of the crypto market?

Wonder why that is?

Somebody keeps riding the elevator to the top then steps out of the car before is crashes.

That would be a clue to rational thinking people but you are living in a 1928 bubble

Sadly, you are not to big to fail.

>>2698327

But there is no reason to think Bitcoin has any part in that, as long as there are things like gold that the financial world is comfortable with

Bitcoin is a niche item and couldn't be used as a "currency".

>>2698782

So if you had that million I note you wouldn't start up a company, but would provide money to "smart, creative people"

Interesting

You seem to have some opinions of the power grid., so you must work in the industry?

Not likely, since you think it is "inefficient" and "power usage is uneven"

You must have some extraordinary skills to make that assessment, when the industry hasn't already done it.

I am glad to see you wouldn't invest in anything "immoral". That certainly limits your options'

Everything I see indicates you are a talker but not a doer. Someone who pontificated as if the have great wisdom, but the "content" doesn't support the "attitude"

I am less than impressed

>>2698406

What is the connection to qresearch that makes it notable

>>2713622

Yeah but all digital makes it some much easier to control and manipulate.

Crypto coins are pretty volatile

Wonder why?

>>2714548

You can't get through to the zealots with a little reality therapy.

The will just scream you are a shill tryinng to keep them from getting rich

>>2715426

I don't think the "reset" will be anything like what some expect.

If it was, there would surely be a "Mad Max" effect.

Got to be a glide path to protect the good guys.

More along the lines of walking away fron the Fed, and leave them with 20T in debt they can't collect.

haven;t thought through what that does to the bond market but that if funny money held by banks and other governments mostly.

Beyond my pay grade as well but I understand enough to read tea leaves

>>2715515

They would have to "leach" off other signals.

Ambient doesn't mean free floating excess/unused energy.

FCC might not allow that to happen.

Like stealing electricity by tapping into you neighbors electric feed downstream from the meter

>>2797519

Numerology is like voodoo

Shouldn't it applied to everything.

Why just particular things

Coincidence - no, but yes to selective choices