Topic: 2013-12-03 Why Gary North Is Wrong About Bitcoin (Read 1132 times)
to have gold, silver and bitcoins/litecoins is probably the best way.
Very good article, nice job!
Good article.
The more I see this type of response, the more I think this is either the "Not Invented Here Syndrome", or a preference for a stalemate, and both are very sad. For people who have made a livelihood on fighting the Fed, having the Fed disappear means loosing their job and it scares them. A few are transitioning to the other side and making real effort to fix things, but most appear to not want to. Same type of stalemate behavior is going on in the War on Drugs, War on Terror, etc., and nearly everybody in a position of power is working towards a stalemate that keeps the money flowing to them rather than actually fixing the problem.
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It’s a tragic thing: Precious metals people have been complaining about the Fed and the fiat currency cartel for decades. Then comes a tool that empowers them to both ruin the cartel and to free their precious metals… and they do their very best to destroy it.
The more I see this type of response, the more I think this is either the "Not Invented Here Syndrome", or a preference for a stalemate, and both are very sad. For people who have made a livelihood on fighting the Fed, having the Fed disappear means loosing their job and it scares them. A few are transitioning to the other side and making real effort to fix things, but most appear to not want to. Same type of stalemate behavior is going on in the War on Drugs, War on Terror, etc., and nearly everybody in a position of power is working towards a stalemate that keeps the money flowing to them rather than actually fixing the problem.
http://www.freemansperspective.com/gary-north-bitcoin/
Good rebuttal of Gary North's uncharacteristically poor piece on bitcoin (https://bitcointalksearch.org/topic/2013-11-29-bitcoins-the-second-biggest-ponzi-scheme-in-history-352969)
Good rebuttal of Gary North's uncharacteristically poor piece on bitcoin (https://bitcointalksearch.org/topic/2013-11-29-bitcoins-the-second-biggest-ponzi-scheme-in-history-352969)
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