Topic: Biggest Scam Ever!! (Read 7471 times)
yeah its really sad !!!
It happens, but the people who fall for it are even dumber.
FIAT currency makes no sense. Based on growth, doesn't even nearly reflect the world GDP. 
When will we learn 
When will we learn we learn NOTHING!
FIAT currency makes no sense. Based on growth, doesn't even nearly reflect the world GDP. When will we learn
When will we learn 
Bump for the newbienoobs
Bump it out
Yea, just stick with BTC, fiat is a joke.
Thanks for the links
It all started from Rockefeller family and similar to them. All they want is to enslave us by creating central goverement all over the world. We have now European Union, then they plan to create American and Asian unions. Next step: connecting all the unions into one with central world currency and central goverement. Fooling around with debt and it's issues is a great instrument for them to manipulate people. Seriously.
You noobs should watch the OP
true
Money is a scam. Get over it. It always has been a scam since humans figured they would start using otherwise worthless things (paper, nickel, gold) to "pay" for things that are actually needed to live. Money, whether fiat or based on something "tangible", is only worth as much as people who use it think it's worth.
Modern fiat currencies may be considered more "scammy" than historical currencies. They are essentially based on a complex network of debt instruments that does not collapse on itself for as long as the end user -- me, you and every other Average Joe -- use the currency to buy food, pay our rent and (yes) exchange for BTC.
Modern fiat currencies may be considered more "scammy" than historical currencies. They are essentially based on a complex network of debt instruments that does not collapse on itself for as long as the end user -- me, you and every other Average Joe -- use the currency to buy food, pay our rent and (yes) exchange for BTC.
I don't agree.
Limited supply is key.
The rest of your argument is valid ("is worth what people who use it think it's worth"), but that doesn't make money a scam.
Fiat money with elastic supply however, is a scam (OPs point)
Money is a scam. Get over it. It always has been a scam since humans figured they would start using otherwise worthless things (paper, nickel, gold) to "pay" for things that are actually needed to live. Money, whether fiat or based on something "tangible", is only worth as much as people who use it think it's worth.
Modern fiat currencies may be considered more "scammy" than historical currencies. They are essentially based on a complex network of debt instruments that does not collapse on itself for as long as the end user -- me, you and every other Average Joe -- use the currency to buy food, pay our rent and (yes) exchange for BTC.
Modern fiat currencies may be considered more "scammy" than historical currencies. They are essentially based on a complex network of debt instruments that does not collapse on itself for as long as the end user -- me, you and every other Average Joe -- use the currency to buy food, pay our rent and (yes) exchange for BTC.
I can recommend www.moneyfix.org which has a good documentary about how money works; i.e. money = debt.
A book written by G.E Griffin titled "The creatures of Jekyll Island". He also appears in Fiat Empire which is another documentary that explains why the money created is unconstitutional.
^why bitcoin will win
it's ashame this world is so cruel.. 
and full of crooks
and full of crooksThis is exacly why I'm using bitcoin
it's ashame this world is so cruel.. and full of crooks
and full of crooks wowww.. that video very clearly awsome... its really make sense.bank creating virtual money as a debt..
it will be bankrupt if every body rush and get back their money..
hmm yes...
Interesting video... A bit cruddy animation
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