Topic: Martin Armstrong Discussion - page 241. (Read 647062 times)

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iamnotback, deisik, vokain

Yes, it looks like the whole turning BTC into something tangible (at least at scale) really is a problem, and hard to solve.

First, buying a ranch in Peru (which might be a special case), automatically puts you in the computers of the tax authorities, which, believe it or not, are much more controlling than the IRS in the USA.  Our (small) business, for example, must send monthly EVERY Invoice with various details including customer ID (like our Social Security No.) as well as each item bought, price, address, etc.  Rather burdensome.  All that is sent on MS Excel spreadsheets.  They are super-strict.

Second, I agree w/ iamnotback that Tax Havens will soon be out of business!  Ouch!

We are witnessing what a Private Wave is all about. The Italian Referendum came in on point with the NO vote at  59.4% against 40.6%. Our model is now four for four with BREXIT, Trump, Hollande in France exiting the election, and now Italy. We will see the same defeat for Merkel.

What politicians do not grasp is that they have destroyed the world economy with taxes and regulation. Enough is enough. In Europe, the single currency has totally failed because it required a single debt. The refusal to consolidate the debts has been the death of the Euro.

This is all playing out into a major dollar rally for like a game of musical chairs, it’s the last place to park money.

Ah yes I was thinking it was 500 ounces.
500 grams is much less, but I still doubt the average person owns $20,000 worth of gold.
This will still only have an effect on the very wealthy. Some might buy some Bitcoin, but I assume most are going to hide money in offshore accounts and companies outside their country.

I will be the first to admit I needed a week to fully absorb the following works of AnonyMint.

The Rise of Knowledge <--- READ THIS
Understand Everything Fundamentally

Together these are quite simply the most insightful piece of economic theory I have ever read.

If the author is right and I think he is we are all in the midst of a tragedy of epic proportions.  It is sad unstoppable and will devastate the lives of much of humanity.

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My quoted logic had nothing to do with the "state".


I think microtransactions are the big enchilada. And not just monetary microtransactions.

Anonymity is so incredibly unrealistic and it is fighting against the socialism. Please see my prior post which was a refutation of the tinfoil hats. I have more debate with them at the following thread:

https://bitcointalksearch.org/topic/precious-metals-are-not-useful-in-a-collapse-scenario-1665943

Although I originally was a tinfoil hat and originally touted the importance of anonymity, I am now coming to the realization that we don't win by hiding from society. We win by changing the economy of society.

Yes, it looks like the whole turning BTC into something tangible (at least at scale) really is a problem, and hard to solve.

First, buying a ranch in Peru (which might be a special case), automatically puts you in the computers of the tax authorities,

Second, I agree w/ iamnotback that Tax Havens will soon be out of business!  Ouch!

I also have a sneaking suspicion that whatever NWO Digital Currency eventually gets adopted will contain "special features" (like code words for important politicians, bankers, etc.) that will allow them to hide their assets.   Who knows, but perhaps a Public Key / Private Key system (or whatever variation) may get built in to the new Rothschild World Note System...

Great, just great.  Our children or grandchildren will be Tax Donkeys...

People usually lack the skills to explain it (mainly for not fully comprehending it themselves)

Oh wow, I don't know where to begin. In all the books I've read on American Indians their elders teach youngsters to remain cool-headed and not scream like old ladies. How much Cherokee blood is in you exactly, it has to be something small and insignificant, you completely missed the education. Maybe books lied and all American Indians are like that, I don't want to believe it. I'd shoot you down in a second if you tried something savage against me as a few percentage of your Cherokee blood calls you to do, there is no time for a dick measuring contest.

Back to gold and India. It should be a warning to the rest of the world, the smart ones will take heed and act upon it.

Nevermind. I didn't write it for people who can't comprehend. And I have no obligation to explain it to you.

So when has the Communist government ever stopped at its original limited action?

This is only the first step.

The leader of India was put there by Goldman Sachs. He is there to move India to electronic currency. Watch and observe how it is done by turning the poor against all forms of cash.

Until they bribe your neighbors to turn you in.

Perhaps you haven't been to the 3rd world and noticed that you don't have much privacy. I live in the Philippines which less densely populated than India, and I promise you I can't even urinate behind a tree without someone seeing me.

The government's ban has been very popular in India. The majority support the "fight against black money".

You have more than 500 grams of gold, then your neighbor is jealous because you have more than your fair share.

Haven't you realized that we live in socialism now.

Large quantities of gold are going to be an albatross around your neck.


You don't seem to be in touch with the reality that the world is now "99% versus the 1%", which means everything that is yours is your neighbors.


You little chickenshit (and not very smart either). I have been living in the 3rd world since I was 26 years old in 1991. I already challenged you to bring your brave Eastern European asshole to me face, so we can see who is better equipped to kick some ass.

I am not pure white. I have enough Cherokee indian blood to make me fucking crazy enough to rip your head off if you piss me off. I have been through enough shit here in the 3rd world to entirely remove the American civility from my attitude when provoked. Try me.



And it seem both of you imbeciles forgot that the main point of this thread is not whether you can bury your gold in the ground (I never denied that), but whether you can spend your gold for anything in a collapse scenario. Who the fuck is going to accept your gold in India when the government makes it illegal and is bribing your neighbor to rat on anyone who is "getting more than their fair share by trading in gold".

Imbeciles just please back up your pickup trucks and stack more gold. As much as possible, because I am going to be laughing at you when you realize you fucked up big time.



Perhaps Eastern Europeans with their failed socialist economies admire the Latinos in California:

I don't see much sense in any of these points...

They can outlaw it all they want, they can't enforce the ban. People will ignore the stupid law. You're a white American boy, you are trained to respect authority and laws no matter how stupid they are (latinos and blacks in US are better equipped naturally to withstand this bullshit). People in the rest of the world aren't as trustful of their governments and are not inclined to abide by such laws. This particular law is not just stupid, it's designed to take away people's means of living when population already knows the government is corrupt. Rest assured that this outlawing gold together with earlier revoking of large bank notes irreparably undermines Indian government's legitimacy, which is a sure way to spawn all sorts of underground economy means and routes. So yeah, let them bring it on to the faster destruction of the top-down imposed fiat

What were those tinfoil hats babbling about India and gold upthread...  

You are repeating what I already pointed out:

Because the purchase of stock can be truly anonymous wherein:

1. The company directors aren't required to know who the stockholders are. Nevada, Wyoming and Delaware offer such.

2. The company directors might know they have deal with you to give you a job, but they don't know how much you personally invested. You just promised them to bring in a lot of investors if they hired you.

You might just instead convert a portion of your anonymous crypto-currency to fiat and purchase assets. If your tax residence doesn't tax you on capital gains, then you have nothing to report. The above strategy was to obfuscate the connection between how much crypto-currency you converted to fiat and which addresses were converted

Re: is it time to start seriously talking about a $5000 BTC


BTC appears to be currently at either the early 2007 or the late 2009 point on that Amazon chart.

If we are at the late 2009 correlation, then $1000 will be scaled in 2017 and we will not go back below $1000 after that.

And yes something in range of $2500 - $5000 over the next couple of years looks plausible and even likely.

Just look at the events around us to see what is accelerating:

https://bitcointalksearch.org/topic/m.17077372
https://bitcointalksearch.org/topic/m.17077124
https://bitcointalksearch.org/topic/the-country-with-the-highest-demand-for-gold-just-outlawed-gold-shit-got-real-1703213
https://bitcointalksearch.org/topic/m.17056883
https://bitcointalksearch.org/topic/m.16842246
https://bitcointalksearch.org/topic/m.16921886
https://bitcointalksearch.org/topic/m.16972102


It Is Just Time.

Time is upon us for BTC to make another big move up. Don't be late to board the train because you are irrationally too cautious:

https://bitcointalksearch.org/topic/m.17049006

Are you 12? Or just never had more money then needed to be taxed?