Posted on 08/27/2016 3:22:22 PM PDT by amorphous
Digital currencies are far from anonymous.
But I am guessing four or five posts before the EMP/ power goes out BS.
Except the digital currencies are all linked to globalist ideas. They replace a national government with a super national state. Otherwise they simply won’t work.
Not really. That is why the central bankers poo poo them.
Bitcoin, or bankers? Life’s easiest choice. Block chain: learn it, love it, live it.
Spoken like a banker. Correction: ignorant banker.
Own gold. Buy it with Bitcoin. EMP makes one disappear, the other worthless.
Glad to see some people in here get it.
Which is why it must be criminalized.
Not using Bitcoin at some level, even $100 or less, is crime of omission in the street fight for freedom.
Excuse me? Where in the Constitution was Congress given a monopoly on money? Put your cards down, go back to the library, study, come back in a week and we’ll chat.
The only digital currency that had intrinsic value was shut down by the feds and the founders convicted of the crime of operating a money exchange without a license. This despite the fact that nobody lost a penny.
It should be noted that that since the US Federal Reserve corporation was founded in 1913, the value of the dollar has declined in terms of gold by a factor of over 500x. This despite the fact that the Fed was given two tasks by Congress, one of which was to preserve the value of the dollar.
The main concern that I have about bitcoin is that for better or worse, it has zero intrinsic value and is a pure play on supply and demand on no tangible thing. Moreover, there is no “market maker” who has assets they are contractually obligated to mitigate extreme movements in price. In short, you pays your money and you takes your chances. If I used it at all, it would only be for a very short term.
On the other hand, I find that Gold Money (goldmoney.com) is a very professional and well run outfit, and it is indeed backed by physical gold if you so choose.
So nation “A” goes to war with nation “B” and E-coin chooses Nation “A” as in the right and begins blocking transactions from nation “B”. Can nation “B” prosecute the war? Making a currency that is not tied to a nation state is suicide to me.
Hypothesize all one wishes but in the end gummint DOES control the money because gummint controls the guns...
Excuse me? I didn’t say that I wanted it criminalized. I said the globalists must criminalize it if they are to maintain their stranglehold over the peasants.
“..........
To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;
.........”
I guess we can argue over the meaning of the words “coin” & “regulate”. I interpret “coin” as synonymous to “make” & “regulate” as to set “standards” like the “gold & silver standards” or float and reflect “value” from our productivity in relation to other economies. (What we sort of have now!)
I prefer going back to a commodity based standard maybe tri-metal (gold-Silver-platinum) rather the dual-metal (gold-silver) like we did in the past.
Gee, we gave the guy with the gun permission to take as much of our income as HE saw fit.
Hey, what could go wrong...?
I got yer point. No prob.
Yes I am replying to myself!
I also would say, the power to regulate (Set “standards”!) would be the power to set up a “central bank” like the Federal Reserve. Congress can use this power “stupidly” or “intelligently”. The Constitution doesn’t confer “wise choices” just the power to do something.
At one time 'Congress' represented the 'people' and their wishes. Now Congress is just an entity of government, more subservient to TPTB than those who elect them.
But still, if the majority of the people should conclude crytocurrency is a better deal than fiat notes based on debt, printed out of 'thin air', accountable and generated by a secret cabal, who is only somewhat accountable to the executive branch, then under the Constitution, it's whatever the people demand, given that they have the backbone and wherewithal to demand such.
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