Quote
Bitcoin is both the blood and the veins.
Nice.
Bitcoin: Freedom, just add brains.
Topic: 2012-07-31 RunToGold - Starving The Vampire Squids (Read 1112 times)
Nice.
Bitcoin: Freedom, just add brains.
Trace,
so where do you now stand on gold as it relates to Bitcoin? if you had to recommend one or the other to an investor which would it be?
so where do you now stand on gold as it relates to Bitcoin? if you had to recommend one or the other to an investor which would it be?
Old news is old.
Right.Nevertheless, this was a good one
The date on that is actually November 12, 2009.
Old news is old.
Old news is old.
From: Starving The Vampire Squids
Quote
Finally, the heroic cypherpunks have provided us with a tool for the transferring of value. No longer do we need to use barbarous relics like Federal Reserve Notes, Euros, Yen, gold, silver, stones, seashells or cigarettes. There is an alternative to the state-issued fiat currencies. Sell the common stocks of governments and buy the common stock of the crypto-anarcho-capitalists. A new nation, with a foundation in math, is rising. A nation where violence is rendered inert because no amount of violence will solve a math problem. Vote with your money!
Often, Lew Rockwell has referred to the Federal Reserve as the heart of the State. This is because of its ability to engage in confiscation through inflation which is a form of taxation without representation. If the Federal Reserve note is the blood, the Federal Reserve is the heart then banks, credit cards and Paypal would be the veins of transferring value.
Bitcoin is a poisoned dart aimed with perfect precision at the heart of the State. Bitcoin is both the blood and the veins thus becoming highly censorship resistant.
The most powerful tool you have to starve the vampire squid is Bitcoin, a decentralized peer-to-peer cryptocurrency. If you really want to cause some serious damage to the State then start using Bitcoin as much as possible. Starve the banks of cash balances, their oxygen, by moving that capital into bitcoins. Starve the credit card companies of their billion in transaction fees. To encourage merchants to accept bitcoins then you can boycott them just like I have boycotted Stratfor for failing to accept Bitcoin.
Often, Lew Rockwell has referred to the Federal Reserve as the heart of the State. This is because of its ability to engage in confiscation through inflation which is a form of taxation without representation. If the Federal Reserve note is the blood, the Federal Reserve is the heart then banks, credit cards and Paypal would be the veins of transferring value.
Bitcoin is a poisoned dart aimed with perfect precision at the heart of the State. Bitcoin is both the blood and the veins thus becoming highly censorship resistant.
The most powerful tool you have to starve the vampire squid is Bitcoin, a decentralized peer-to-peer cryptocurrency. If you really want to cause some serious damage to the State then start using Bitcoin as much as possible. Starve the banks of cash balances, their oxygen, by moving that capital into bitcoins. Starve the credit card companies of their billion in transaction fees. To encourage merchants to accept bitcoins then you can boycott them just like I have boycotted Stratfor for failing to accept Bitcoin.
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