Author

Topic: Empower Yourself - Bitcoin Communication v0.1 (series of tweets) (Read 963 times)

legendary
Activity: 1722
Merit: 1217
the dollar is the money of slaves, bitcoin is the money of sovereigns.
legendary
Activity: 4410
Merit: 4766
actually buying bitcoins changes nothing in relation to banks.

FIAT still circulates around. so whether you have bought a case of baked beans or bitcoins, fiat is still changing hands.
whether i hand my FIAT to a retailer, or a bitcoin exchanger. it still circulates and sits in bank accounts. which banks love.

it wont be untill wages and salaries are paid in bitcoins for there to be less FIAT required in circulation, will we see any impact.

There is a realty business that pays their employees in Bitcoin if they want. Can't find it though. Isn't there another internet business that also allows their employees to get payment in Bitcoin?

bitcoin foundation
memory dealers
bitpay
BFL
Avalon
bitinstant

to name a few, but combined thats only just over 100 employee's out of the billions around the world still passing FIAT between bank accounts.

as an investor i use to invest in projects which had any links to bitcoin community. now im concentrating on businesses that truely wish to enter the economy. meaning opening grocery stores, DIY stores, electrical stores where staff are paid in bitcoin.

every noob entering the community are in a trance that the only way to make bitcoin is through mining, and that alone is 'stickin it to the man'

which isnt the case
sr. member
Activity: 266
Merit: 250
aka 7Strykes
actually buying bitcoins changes nothing in relation to banks.

FIAT still circulates around. so whether you have bought a case of baked beans or bitcoins, fiat is still changing hands.
whether i hand my FIAT to a retailer, or a bitcoin exchanger. it still circulates and sits in bank accounts. which banks love.

it wont be untill wages and salaries are paid in bitcoins for there to be less FIAT required in circulation, will we see any impact.

There is a realty business that pays their employees in Bitcoin if they want. Can't find it though. Isn't there another internet business that also allows their employees to get payment in Bitcoin?
legendary
Activity: 4410
Merit: 4766
actually buying bitcoins changes nothing in relation to banks.

FIAT still circulates around. so whether you have bought a case of baked beans or bitcoins, fiat is still changing hands.
whether i hand my FIAT to a retailer, or a bitcoin exchanger. it still circulates and sits in bank accounts. which banks love.

it wont be untill wages and salaries are paid in bitcoins for there to be less FIAT required in circulation, will we see any impact.
sr. member
Activity: 266
Merit: 250
aka 7Strykes
Actually I don't think you understand how credit works. People are already borrowing and lending btc all over the place. In fact, there's a whole subforum on bitcointalk specifically for lending: https://bitcointalk.org/index.php?board=65.0

There's nothing inherently wrong with borrowing and/or lending, anyway.

That is just  peer to peer borrowing/lending. One true form of credit though, I will agree. However, the standard credit system works by you spending money you don't have at the moment of your transaction, and then being expected to pay it back later. You literally give yourself debt with the purchase, instantly. A credit card server just agrees with it. Bitcoin doesn't work like that.
sr. member
Activity: 342
Merit: 250
Bitcoin finally allows us to bypass the old system: the debt enslavement, the immoral elite controlling money and power; is about to end.

This brings up one good point. There is no 'credit' for bitcoin. No debt. You cant afford something? You can't pay for it.

Completely false. Credit with Bitcoin is no more difficult than with cash and gold.

I can't spend Bitcoin's I don't have. I don't think you understand how credit works. I can't just send 30 BTC to someone and then pay it back. Who am I borrowing from? We can't add a debt system to Bitcoin.

Actually I don't think you understand how credit works. People are already borrowing and lending btc all over the place. In fact, there's a whole subforum on bitcointalk specifically for lending: https://bitcointalk.org/index.php?board=65.0

There's nothing inherently wrong with borrowing and/or lending, anyway.
sr. member
Activity: 266
Merit: 250
aka 7Strykes
Bitcoin finally allows us to bypass the old system: the debt enslavement, the immoral elite controlling money and power; is about to end.

This brings up one good point. There is no 'credit' for bitcoin. No debt. You cant afford something? You can't pay for it.

Completely false. Credit with Bitcoin is no more difficult than with cash and gold.

I can't spend Bitcoin's I don't have. I don't think you understand how credit works. I can't just send 30 BTC to someone and then pay it back. Who am I borrowing from? We can't add a debt system to Bitcoin.
hero member
Activity: 504
Merit: 500
If you want a world where you have more power and the morally corrupt banks and governments have less, buy, store and use bitcoins.

Bitcoin finally allows us to bypass the old system: the debt enslavement, the immoral elite controlling money and power; is about to end.

The World Bank, IMF, Bank of England, Federal Reserve, and any organisation who previously had control cannot control or shut down Bitcoin.

No one simply shuts down the Internet.

War, for oil, for elite profit, for death? No. The banks and govs doing this are immoral businesses/corporations and need to be shut down.

And guess what!? There is a way! To sweep the power from beneath their feet, mathematically, in the most genius way. See Bitcoin.

Empower yourself by changing to a decentralized money/cryptocurrency/transaction protocol hopelessly out of government control. x
They are all valid points..
Bitcoin is the nonviolent revolution for freedom and equity.
legendary
Activity: 1330
Merit: 1003
Bitcoin finally allows us to bypass the old system: the debt enslavement, the immoral elite controlling money and power; is about to end.

This brings up one good point. There is no 'credit' for bitcoin. No debt. You cant afford something? You can't pay for it.

Completely false. Credit with Bitcoin is no more difficult than with cash and gold.
sr. member
Activity: 266
Merit: 250
aka 7Strykes
Bitcoin finally allows us to bypass the old system: the debt enslavement, the immoral elite controlling money and power; is about to end.

This brings up one good point. There is no 'credit' for bitcoin. No debt. You cant afford something? You can't pay for it.
newbie
Activity: 29
Merit: 0
If you want a world where you have more power and the morally corrupt banks and governments have less, buy, store and use bitcoins.

Bitcoin finally allows us to bypass the old system: the debt enslavement, the immoral elite controlling money and power; is about to end.

The World Bank, IMF, Bank of England, Federal Reserve, and any organisation who previously had control cannot control or shut down Bitcoin.

No one simply shuts down the Internet.

War, for oil, for elite profit, for death? No. The banks and govs doing this are immoral businesses/corporations and need to be shut down.

And guess what!? There is a way! To sweep the power from beneath their feet, mathematically, in the most genius way. See Bitcoin.

Empower yourself by changing to a decentralized money/cryptocurrency/transaction protocol hopelessly out of government control. x
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