Economic Totalitarianism - page 27. | Bitcointalksearch.org

RealBitcoin

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Quote from: trollercoaster on March 14, 2016, 12:49:26 AM

Quote from: RealBitcoin on March 13, 2016, 08:58:31 AM

Ok folks, what is your opinion about banking system ponzi scheme?

How much do you think it can be stretched before it collapses? 2-3-5 more years?

If they ban cash and force everyone to use checking account, maybe 10 years?

Let me know your estimates?

When do the boomers go extinct? I don't believe we can taste economic freedom while they are still around.
I'm fairly cynical, the boomers and their indoctrinated grand children have doomed us all to economic slavery for the forseeable future.
Haha perhaps the last one will drop dead in 2032, when this 309.6 year cycle on the ECM concludes.

The boomers? What about these spoiled kids of 20-30 years (which I`m also part of unfortunately)

These guys only know to party and fuck, and spend someone else's money. They have been indoctrinated in leftism.

I`m sorry but looks like leftism is only getting worse, and wont go away for a long time.

TPTB_need_war

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Quote from: trollercoaster on March 16, 2016, 06:02:29 PM

MA believes socialism will be 90% extinct by 2032.95, I agree with him on this.

I will only be 68.

Getting through this rough patch ahead is the challenge.

An altruistic altcoin will win:

Quote from: https://www.armstrongeconomics.com/international-news/australia-oceania/will-the-youth-save-us/

James Paterson, the youngest senator ever to be elected in Australia at 28-years-old, has boldly stated, “I’m not here for personal power and advancement.” He is a member of the Liberal Party and says he is there to pursue “radical reforms,” which include throwing out the national curriculum in schools, for they are indeed pointless, and reimposing a debt ceiling. He also wants to get rid of the “official” talking points used by politicians and embrace what he calls respect for the voters’ intelligence by speaking plainly.

Perhaps the 51.6-year cycle of the Economic Confidence Model is indeed what some call the third generational shift. The hippie generation of the Clinton era simply laid down their marijuana and lined their pockets as did the generation of politicians before them. They even took the corruption to new heights. Historically, it is the third generation that gets fed up with the last two and turns it all upside down. Perhaps this is just time.

trollercoaster

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Yeah, that's why I said 2032 is possibly the date we will see socialism finally go extinct.

There's strong divides appearing now with people beginning to realize the problem is socialism, it's suffocating the life out of the middle class.

The delusional youth supporting it have yet to feel that suffocation, but they will.

MA believes socialism will be 90% extinct by 2032.95, I agree with him on this.

Barnabe

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★Bitvest.io★ Play Plinko or Invest!

Quote from: trollercoaster on March 14, 2016, 12:49:26 AM

Quote from: RealBitcoin on March 13, 2016, 08:58:31 AM

Ok folks, what is your opinion about banking system ponzi scheme?

How much do you think it can be stretched before it collapses? 2-3-5 more years?

If they ban cash and force everyone to use checking account, maybe 10 years?

Let me know your estimates?

When do the boomers go extinct? I don't believe we can taste economic freedom while they are still around.
I'm fairly cynical, the boomers and their indoctrinated grand children have doomed us all to economic slavery for the forseeable future.
Haha perhaps the last one will drop dead in 2032, when this 309.6 year cycle on the ECM concludes.

Even if there is not more of them, the problems they caused will remain and passed to the following generation.

trollercoaster

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Quote from: RealBitcoin on March 13, 2016, 08:58:31 AM

Ok folks, what is your opinion about banking system ponzi scheme?

How much do you think it can be stretched before it collapses? 2-3-5 more years?

If they ban cash and force everyone to use checking account, maybe 10 years?

Let me know your estimates?

When do the boomers go extinct? I don't believe we can taste economic freedom while they are still around.
I'm fairly cynical, the boomers and their indoctrinated grand children have doomed us all to economic slavery for the forseeable future.
Haha perhaps the last one will drop dead in 2032, when this 309.6 year cycle on the ECM concludes.

explorer

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Quote from: RealBitcoin on March 13, 2016, 09:19:02 PM

But imagine if they start to control what you can buy and not, you cant even prepare for a collapse. So if one does happen after that, most people will be very skrewed.

Absolutely true. In every case. most people would not prepare for anything even if you hit them in the face with it. In general, those among us that haven't even looked into the possibilities of drastic change (and I'm not talking for the better) never will believe it. Someone has to be that majority that loses; be it money, status, or life. Regardless of preparations, you at least have a better chance if you're watching it close in, as opposed to being blindsided. If the status quo remains indefinitely, have your preparations for change greatly harmed you? Do it now, and sweat less later.

RealBitcoin

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Quote from: OROBTC on March 13, 2016, 08:50:17 PM

I can't give a good estimate, I don't have any real idea. A lot of the time frame depends on whether or not they "Ctrl P" (print the money) in a serious way.

One thing to be looking for: if there is a hard deflation, and they decide to hyperinflate, then we know we are in the final innings...

If they ban CA$H, there are all kinds of weird and serious distortions that will hit, and hit fast.

Thats really unlikely.

My forecast is that they will phase out cash in ever increasing amounts to avoid hyperinflation. They also dont want to do bail-ins either because that will cause mass panic.

So bail-in and hyperinflation is their last trick in their sleeves.

They will just simple phase out cash in the next years, and put all money in 1 pot, the checking account network, will be the only place finance can be conducted.

Of course for this they have to destroy bitcoin, otherwise everyone will just switch to it. Or they have to ban depositing in bitcoin exchanges or buying bitcoins from your account. They could literally control what you can buy and what you cant.

Then with unified payment system, they could last many more years, because they can just tax you instantly or confiscate your wealth without trial or anything, selectively or randomly like a lottery, but if some real big panic hits the fan, then people will just hoard stuff and forget about their bank accounts.

But imagine if they start to control what you can buy and not, you cant even prepare for a collapse. So if one does happen after that, most people will be very skrewed.

But looks like by then we will have terminator AI robots that will exterminate us all anyway, so it's no big deal.

tabnloz

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Quote from: RealBitcoin on March 13, 2016, 08:58:31 AM

Ok folks, what is your opinion about banking system ponzi scheme?

How much do you think it can be stretched before it collapses? 2-3-5 more years?

If they ban cash and force everyone to use checking account, maybe 10 years?

Let me know your estimates?

different kettle of fish but Japan has been plodding along for decades, a roadmap of possibility. In saying that, I think there are other options that will likely arrive; monetary reset (where USD gives up reserve status and things evolve relatively smoothly) and disruption (where something breaks the confidence we have in central banks and shtf).

OROBTC

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Quote from: trollercoaster on March 13, 2016, 07:06:31 PM

http://www.bbc.com/news/uk-england-london-32495924 ok let me off this ride, I've fucking seen it all now.

It figures that the UK would do this in BARKING. The UK is some five years "ahead" of the USA in monitoring. Look there to see some of our future.

DNA sampling and testing looks like it will become child's play now.

Next announcement: All UK (USA, Eurozone) hospitals will deliver DNA samples of all newborns to .gov.

OROBTC

legendary

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Quote from: RealBitcoin on March 13, 2016, 08:58:31 AM

Ok folks, what is your opinion about banking system ponzi scheme?

How much do you think it can be stretched before it collapses? 2-3-5 more years?

If they ban cash and force everyone to use checking account, maybe 10 years?

Let me know your estimates?

I can't give a good estimate, I don't have any real idea. A lot of the time frame depends on whether or not they "Ctrl P" (print the money) in a serious way.

One thing to be looking for: if there is a hard deflation, and they decide to hyperinflate, then we know we are in the final innings...

If they ban CA$H, there are all kinds of weird and serious distortions that will hit, and hit fast.

explorer

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Quote from: RealBitcoin on March 13, 2016, 07:12:53 PM

Quote from: trollercoaster on March 13, 2016, 07:06:31 PM

http://www.bbc.com/news/uk-england-london-32495924 ok let me off this ride, I've fucking seen it all now.

Holy shit, literally.

Next time they come into your bathroom and take a sample of your shit and build a profile on your shit and put your shit in a database.

It's really out of this world absurtidy.

Nothing better to do, everything is running smoothly. I think if I lived there I'd have to start planting samples of interesting variety.

RealBitcoin

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Quote from: trollercoaster on March 13, 2016, 07:06:31 PM

http://www.bbc.com/news/uk-england-london-32495924 ok let me off this ride, I've fucking seen it all now.

Holy shit, literally.

Next time they come into your bathroom and take a sample of your shit and build a profile on your shit and put your shit in a database.

It's really out of this world absurtidy.

trollercoaster

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http://www.bbc.com/news/uk-england-london-32495924 ok let me off this ride, I've fucking seen it all now.

Denker

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Quote from: RealBitcoin on March 13, 2016, 08:58:31 AM

Ok folks, what is your opinion about banking system ponzi scheme?

How much do you think it can be stretched before it collapses? 2-3-5 more years?

If they ban cash and force everyone to use checking account, maybe 10 years?

Let me know your estimates?

I don't know to be honest.
But the fact that Draghi is already thinking about the option of helicopter money is giving me shivers!

RealBitcoin

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JAYCE DESIGNS - http://bit.ly/1tmgIwK

Ok folks, what is your opinion about banking system ponzi scheme?

How much do you think it can be stretched before it collapses? 2-3-5 more years?

If they ban cash and force everyone to use checking account, maybe 10 years?

Let me know your estimates?

minor-transgression

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good overview - I'm left to wonder whether any of this is an act of war ...

https://socialecologies.wordpress.com/2016/03/10/capital-behaviors-the-subtle-art-of-tyranny/
"For an empire, the flip side of propaganda is popular ignorance. Second, there is the stick to go with the
propaganda carrot - a heavy reliance on covert intervention in the periphery and domestic surveillance
and oppression."
"Aside from collecting national security information, the NSA has been involved in commercial
espionage on behalf of corporations, including stealing technology. In 1994 the NSA and the CIA
turned over data that caused the European Airbus Industries to lose lucrative international contracts
to their U.S. counterparts."
"In fact it has become so pervasive that the largest data broker in the United States today,
the marketing giant Acxiom has 23,000 computer servers processing in excess of 50 trillion data
transactions annually. It keeps on average some 1,500 data points on more than 200 million Americans,
in the form of "digital dossiers" on each individual, attaching to each person a thirteen-digit code
that allows them to be followed wherever they go, combining online and offline data on individuals.
(Foster and McChesney)

OROBTC

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Quote from: TPTB_need_war on March 08, 2016, 12:37:21 PM

http://www.nestmann.com/it-all-started-2300-years-ago

Excellent article!

What I really liked about the article was the variety of ways bot .govs try to prevent capital flight and how people move their capital away when it comes under threat.

Venezuela has tried many .gov tactics, and their country has suffered. Yet people are trying all kinds of ways to get their money out. Venezuela may be coming here (USA, but to Europe too), this article is a nice primer to start thinking about Bitcoin's highest and best use.

TPTB_need_war

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http://www.nestmann.com/it-all-started-2300-years-ago

trollercoaster

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https://www.rt.com/usa/334846-romanian-hacker-guccifer-extradition/

minor-transgression

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"The solution is to minimize the size of government, no matter what form politics takes."

Exactly. If Skynet ever takes over, its first task will be the printing of arrest warrants for
TPTB and the executive branches of governments.

Have fun speculating on what comes next :-)

Topic: Economic Totalitarianism - page 27. (Read 345758 times)