Topic: Self Sustainable Bitcoin community (Read 157 times)
This is a great idea and if Bitcoin is to succeed as a currency, it needs this kind of a physical basis. I would love to live in a community like this and become self sufficient with others who think that we need a new economic system in this world.
We need to get going on this as soon as possible. But, it will take training. People don't think along these lines. If they did, they would have gone this route long ago. Once they understand (if the "thing" is set up well), they will flock to it, for the simple reasons outlined below.
Global Debt Tops 244 Trillion Dollars As "Nearly Half The World Lives On Less Than $5.50 A Day"
Global Debt Tops 244 Trillion Dollars As "Nearly Half The World Lives On Less Than $5.50 A Day"
The borrower is the servant of the lender, and one of the primary ways that the elite keep the rest of us subjugated is through the $244,000,000,000,000 mountain of global debt that has been accumulated.
Every single day, the benefits of our labor are going to enrich somebody else. A portion of the taxes that are deducted from your paycheck is used to pay interest on government debt. A portion of the profits that your company makes probably goes to servicing some form of business debt. And most Americans are continuously making payments on their mortgages, their auto loans, their credit card balances and their student loan debts. But most people never stop to think about who is becoming exceedingly wealthy on the other end of these transactions. Needless to say, it isn’t the 46 percent of the global population that is living on less than $5.50 a day.
The world has never seen anything like this mountain of debt ever before, and one of the central themes of The Economic Collapse Blog is that all of this debt will ultimately destroy our society. According to the Institute of International Finance, the total amount of global debt is now “more than three times the size of the global economy”…
The world’s debt pile is hovering near a record at $244 trillion, which is more than three times the size of the global economy, according to an analysis by the Institute of International Finance.
The global debt-to-GDP ratio exceeded 318 percent in the third quarter of last year, despite a stronger pace of economic growth, according to a report by the Washington-based IIF released on Tuesday.
But it isn’t as if all of this spending has lifted billions of people out of poverty. In fact, 46 percent of the population of the world is “living on less than $5.50 a day” according to the World Bank…
Over 1.9 billion people, or 26.2 percent of the world’s population, were living on less than $3.20 per day in 2015. Close to 46 percent of the world’s population was living on less than $5.50 a day.
Every single day, the benefits of our labor are going to enrich somebody else. A portion of the taxes that are deducted from your paycheck is used to pay interest on government debt. A portion of the profits that your company makes probably goes to servicing some form of business debt. And most Americans are continuously making payments on their mortgages, their auto loans, their credit card balances and their student loan debts. But most people never stop to think about who is becoming exceedingly wealthy on the other end of these transactions. Needless to say, it isn’t the 46 percent of the global population that is living on less than $5.50 a day.
The world has never seen anything like this mountain of debt ever before, and one of the central themes of The Economic Collapse Blog is that all of this debt will ultimately destroy our society. According to the Institute of International Finance, the total amount of global debt is now “more than three times the size of the global economy”…
The world’s debt pile is hovering near a record at $244 trillion, which is more than three times the size of the global economy, according to an analysis by the Institute of International Finance.
The global debt-to-GDP ratio exceeded 318 percent in the third quarter of last year, despite a stronger pace of economic growth, according to a report by the Washington-based IIF released on Tuesday.
But it isn’t as if all of this spending has lifted billions of people out of poverty. In fact, 46 percent of the population of the world is “living on less than $5.50 a day” according to the World Bank…
Over 1.9 billion people, or 26.2 percent of the world’s population, were living on less than $3.20 per day in 2015. Close to 46 percent of the world’s population was living on less than $5.50 a day.
The first thing you need to do is understand basic, core fundamentals of life. These include God, family, relationships in general, live and let live, and more. The basics are found in the USA Constitution, Amendments, court cases, and the Bible.
The next thing you need to do is ask yourself what Bitcoin has to do with it. Don't get hung up on the novelties of Bitcoin. Off-grid will make it so that your private community might be separated from the basic blockchain. But even if you are connected, you might want to use Colored Coins to keep your batch of bitcoins private.
Next, you need to think about regulation by government. You have two choices:
1. Go where there is no government, or where government doesn't exercise its control, and really start over from the ground up;
2. Limit governmental influence and regulation, but remain where you are under the protection of the strength that government has, internationally speaking.
Forget Russia. Government is dictatorial over there. They can take over in a minute if they want.
Britain is too small.
Canada is good, but their freedom protections are too interlaced with governmental words to make it easy.
The best ideas are USA PMA (private membership association), or seasteading if you can afford it. Btw, you will absolutely need a PMA if you do it in the States.
Also, you need to ask yourself and your group, how many conveniences of life do you want to give up. True off-grid might include giving up gasoline, and making your own alcohol... and all kinds of stuff. Dig up copies of the old Foxfire books, and see what it is really like before you decide how off-grid you want to get.
Let me say again... if you want to do it in the States, you really need a PMA. If you don't do it under the auspices of a PMA, Government will regulate and tax you out of existence, or into prison. Consider Waco. Or else you will simply become something like any town or city... nothing changes. The advantage of a proper PMA is that you become a government within the land, separate from the formal Government.
If you set yours up well enough, or modify its base the right way before it gets too big, enough people might join your group so that it becomes the foundational government in America, and the U.S. Government becomes the PMA.
The next thing you need to do is ask yourself what Bitcoin has to do with it. Don't get hung up on the novelties of Bitcoin. Off-grid will make it so that your private community might be separated from the basic blockchain. But even if you are connected, you might want to use Colored Coins to keep your batch of bitcoins private.
Next, you need to think about regulation by government. You have two choices:
1. Go where there is no government, or where government doesn't exercise its control, and really start over from the ground up;
2. Limit governmental influence and regulation, but remain where you are under the protection of the strength that government has, internationally speaking.
Forget Russia. Government is dictatorial over there. They can take over in a minute if they want.
Britain is too small.
Canada is good, but their freedom protections are too interlaced with governmental words to make it easy.
The best ideas are USA PMA (private membership association), or seasteading if you can afford it. Btw, you will absolutely need a PMA if you do it in the States.
Also, you need to ask yourself and your group, how many conveniences of life do you want to give up. True off-grid might include giving up gasoline, and making your own alcohol... and all kinds of stuff. Dig up copies of the old Foxfire books, and see what it is really like before you decide how off-grid you want to get.
Let me say again... if you want to do it in the States, you really need a PMA. If you don't do it under the auspices of a PMA, Government will regulate and tax you out of existence, or into prison. Consider Waco. Or else you will simply become something like any town or city... nothing changes. The advantage of a proper PMA is that you become a government within the land, separate from the formal Government.
If you set yours up well enough, or modify its base the right way before it gets too big, enough people might join your group so that it becomes the foundational government in America, and the U.S. Government becomes the PMA.
Long time bitcoiner, first time bitcointalk poster! So have some mercy with me 
I have an idea of making a Self sustainable bitcoin community, I have scribbled down my thought in an article. This is by no means finished we are still working on this project to see if it even is possible. I truly believe that this can be done in many different ways. I just want to put my thought out there and would be happy to get the bitcoin communities input and views. I will be answering all the questions that you have, and hopefully we make this happen. Thanks for your time.
https://medium.com/@chaloklumbusiness/living-off-the-grid-in-a-bitcoin-community-866476c106d
I have an idea of making a Self sustainable bitcoin community, I have scribbled down my thought in an article. This is by no means finished we are still working on this project to see if it even is possible. I truly believe that this can be done in many different ways. I just want to put my thought out there and would be happy to get the bitcoin communities input and views. I will be answering all the questions that you have, and hopefully we make this happen. Thanks for your time.
https://medium.com/@chaloklumbusiness/living-off-the-grid-in-a-bitcoin-community-866476c106d
Jump to: