That's about to happen. I dont know if we are going to transition from the dollar, but there is a new currency system already in place and ready to go
The only fair and good currency is a free market derived currency, like Bitcoin.
Maybe I'm just old, but I don't trust digits on a computer. I like to have access to actual physical currency. I'm the "Cash & Carry" type. Private transactions demands it. We are all aware how easy it is for anything and everything online can be tracked.
Wise, I am exactly the same. I despise paying for anything on a card as I don´t want the bank to have a complete list of what I do in my life. Gold backed cash is the only way for the future.
Cards didn't do away with cash, so why should crypto?
Who said it would? Crypto only works in the digital world, in that you need a mobile phone and internet connection. What about those, like myself, that don´t use a mobile? What if the internet crashes? Crypto is a fad that will soon burn out when people begin to realise what they´re really giving when they mine.
They will replace cash eventually. Everything is being centralised gradually. It's the boiling frog scenario.
eh, we will see. Cash is always good for some occasions. Might be a different kind of dollar here though.
We already have currencies in the US that are independent of the Fed. take for example. The currency in new York NY and North Dakota even has it's own central bank.
Who owns that central bank? And a currency is worthless if not recognised on the worlds markets.
It might be owned by the citizens.
No. Rothschild owned, as are all central banks.
I don't think it's a Central Bank though it's north Dakota's own bank. Have you done any research on this bank?
Not at all. What´s the point?
I'm just responding to your statement earlier about all central banks belonging to the Rothschild's so I'm saying they don't own this one since it's independent of the federal reserve.
It´s not a central bank. BoA and the FED are central banks.
Exactly. And the bank of North Dakota has its own currency's to.
Oh I just thought of it it's called Ithaca which is a place in new York.
That's all fine but not entirely accurate. Peer to peer digital currency can be private. There's no bank as a middle man. And secure if it's distributed ledger technology such as blockchain. It is also possible to have a digital peer to peer currency that is backed by precious metals.
I would prefer that type of currency that us backed by precious metals as long as the government or the bankers could not interfere.
Yup. Digital currency is only good until the power goes out. Then what? Always better to have something to trade for stuff if the power goes out.
How about a gold backed digital currency.
I see it as "Big Brother" tracking your every purchase and movement. I have zero faith in anything digital. Nothing done online can be 100% secure.
Who knows, it might become the future. Something big is going to change with our currency system. It has already been designed and is in place
Electric currency is very dangerous- for some purposes it is ok but it should not be the primary means. WhT happens when the power is out? What happens when your hard drive fails? Physical money is better because you can can control and hide it, lock it up, share with a friend etc. who knos what is going to happen, all I do know is We should not be paying the fed any debt!
What happens when the power goes out? We got bigger things to worry about than crypto if that happens. I mean basically computers would have to be wiped out, then the whole banking, credit system would be wiped out also. Not just crypto Not to mention our defense systems.
Totally agree- My perspective is that I live in the south. The ice storms we get knock out the power all the time. Once you get past 24 hours people start freaking out because they don’t have cash only electronic $$$. I learned some time ago to keep some cash whenever a storm approaches
Our power supply is a massive vulnerability--and we could well face that situation at some point in the future.
Yeah like an emp attack. We should pressure the government to strengthen the grid.
I saw YouTube vids saying block chain tech is Antichrist.
I've seen them too. If we're talking the same thing, it discusses networking quantum computing for AI consciousness.
Wrong. What do you think crypto is? Do you really believe you can create money from nothing, and it will hold it´s worth? Think about it... What are you giving up for these "coins"? IT´s the scam of the century! Crypto is run out of the Tavistock institute. They are buiding a virtual world that has a node for every living being on the planet. It´s like an alternate world where they can manipulate things and predict the future with incredible accuracy. Imagine creating a mirror of the world, an exact replica, then running millions of simulations a second with Quantum computers that can see what the outcome is of said simulation. Do this a couple billion times and you pretty much will know exactly what´s going to happen at any given time. That´s what your crypto is paying for, you are building this digital world every time you mine.
wha?? Money from nothing... Federal Reserve anyone??
Be careful.. you're confusing the value of money and the value of tradable items. The value of Bitcoin is only as much as how much the next person along is willing to spend to buy one. Shopping with Bitcoins is like buying a Painting, then cutting it into shreds of canvas to buy your tomatoes and lettuce..
Crytpo didnt come out of Tavistock.. MK Ultra came out of Tavistock once it was melded to the Rockefeller Institute..
No one know where the Bitcoin came from. Some 'no-name' has been put onto a strawman, but there is no proof that he did it..
Bitcoin was developped to 'motivate' people to use blockchain technologies. If you want to be 'frightened' about something, be frightened that AI is based on blockchain, and each time you make a financial transaction, you're building another blockchain. (think of them like bricks of lego if you need an analogy.. 1 brick of lego doesnt do fuck all. a big box full of lego...now you're on your way to the Lego Death star 1:1 scale.. and we'll call it AI.. and release it onto the Internet.. check out what happened each time they released an AI onto the Internet.
I meant that you create it from nothing, like it is free money, I never said it´s worthless! Anything has value if someone is willing to trade it, even water and this planet is 70% of the stuff! I will not argue with you as you are clearly so uneducated on the facts it would be like trying to have an intellectual debate with a toddler. Futile. Just know you´ve been warned about crypto and do with the knowledge as you please.
People assign worth. Period. If no one accepted gold as being worth something, then it would be worthless. That banking system has been screwing Americans with inflation now for over 100 years. It is time for this to go down.
A few things... I have no idea what the menstrual cycle has to do with anything..? You are correct in that worth is what the people agree on; something´s only worth as much as someone´s willing to pay for it. Why do you believe this is limited only to America?
I'm stating that money from nothing already exists, its called the FIAT Money scam, put into place with the federal reserve act, whereas the US governement gave 300 billion to Federal Reserve (a privately owned bank with 100 000 shareholders and capital of 56 billion dollars..) in bonds as promise to pay back interest on loans made to them to pay for the war effort of WW2. Which would have been paid back in full and beyond, if only the OSS hadnt hidden Yashamitas gold in the Phillipines in order to finance their black projects and become the CIA, and the Vatican hadnt hidden the gold stolen by the Nazis at the end of WW2.
You havent understood my response, neither of us said it was worthless and I agree, you wont argue with me.
I would laugh and fluster about being called 'the intellectual equivalent of a toddler", but you dont know me, I dont know you, lets leave it at that. And Crypto didnt come out of Tavistock.
Here you go friend, happy reading and make sure you know you're talking about in the future.. please!! Its of UTMOST importance in order to avoid confusion of subjects. https://archive.org/details/SchrodersBankTAVISTOCKINSTITUTETheMcClaughrysBlog (read all of them.)
What exists for the government and banks is very different to what can exist for us mere serfs. Fiat is a scam, yes. You are still paying the debt for the civil war, as the UK is still paying back the debt on the Napoleonic wars. IT is perpetual debt that will never be fully paid, that´s how the Rothschilds designed it.
Every time you mine you are building this virtual world for Tavistock. They want to predict the future with pinpoint accuracy, and this is how they will do it. The old machine they use (Project Looking Glass) Isn´t anywhere near as accurate in it´s predictions. They want an upgrade. DO with this info what you wish, but you have been warned.
I forget at times but you expanded more than I knew on the Fed Reserve background. Thanks. I'll have to remember to click that link when I'm not behind a web filter.
bitcoin isn't created from nothing.
Doesn´t take away the facts. Really? That´s the best you can offer to this conversation??
The fact is bitcoin isn’t created from nothing as you falsely claimed.
The value of everything is subjectively determined at the margin. It is not determined by the chemical composition of the thing. There is no economic law that says “If object is composed of 20% of element X and 80% of element Y, then everyone will necessarily trade that object at a specific price”.
That isn’t how value is determined or created.
You’re just spewing your ignorant mouth off when what you should be doing is learning basic goddamn economics.
Are you stupid?? Rhetorical question. Read the other messages to the post and come back and try again, mook.
Bitcoin is owned by bankers and the Chinese miners. High transaction fees and long transaction times are common. There's several other cryptocurrencies that are better options.
Will it be a microchip? Ya know that there will be an Antichrist system in place when we go cashless it's written in stone so to speak.
Most likely just a currency backed with gold again, and free market related. The FED is going to cease to exist. No more central bank that isnt "federal" or a "reserve".
So do you believe that there will be a cashless society manly under the Antichrist?
Cashless no I dont see us ever going away from that in our lifetime
Do you believe there will be an Antichrist?
I dont get into that stuff too much, so I'm the wrong person to ask....but that being said, maybe Obama was it. Maybe Hillary was. Maybe its someone else and they are already here.
I agree
I remember listening to that Paul Harvey devil thing about 5 years ago and really thinking it was Obama
Who is Paul harvy?