Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: Vermont Lt

bit coin dependent on internet and power both under the control of various governments who promote their own currencies .....dugh


10 posted on 02/07/2014 8:53:36 AM PST by Therapsid
[ Post Reply | Private Reply | To 8 | View Replies ]


To: Therapsid

All that financial rebellion will have to find another venue.


11 posted on 02/07/2014 9:00:01 AM PST by Therapsid
[ Post Reply | Private Reply | To 10 | View Replies ]

To: Therapsid

Not saying bitcoin is the answer. BUT, we are about to enter a deflationary spiral. Hyperinflation is still pretty far away. When you read on the “fringe” sites that gold and silver are the answers, one would have to ask, if that were the case how come the price is not shooting up?

The big, old, money is selling gold.

Land, bitcoin, precious metals and cash. It’s the distribution that is in question.


15 posted on 02/07/2014 9:30:31 AM PST by Vermont Lt (If you want to keep your dignity, you can keep it. Period........ Just kidding, you can't keep it.)
[ Post Reply | Private Reply | To 10 | View Replies ]

To: Therapsid

Plus, the Internet and power will not go down everywhere.

If they do, bullets and beans are the only answer. It will get bad. But not THAT bad.


16 posted on 02/07/2014 9:31:38 AM PST by Vermont Lt (If you want to keep your dignity, you can keep it. Period........ Just kidding, you can't keep it.)
[ Post Reply | Private Reply | To 10 | View Replies ]

To: Therapsid
bit coin dependent on internet and power both under the control of various governments who promote their own currencies .....dugh

And no governance except the insane Norks is going to turn off either.

17 posted on 02/07/2014 9:32:55 AM PST by Lee N. Field ("You keep using that verse, but I do not think it means what you think it means.")
[ Post Reply | Private Reply | To 10 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson