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Topic: -- The Riddle of the Twin Brothers - Who Were, Are and Will Rule the World! - page 278. (Read 383571 times)

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"...if people get tied to their Bitcoin addresses, as might be more easily done ... if they need to do a full reporting on their Bitcoin activities in order to pay their taxes..."  http://www.forbes.com/sites/kashmirhill/2014/04/04/stuff-venture-capitalists-say-about-bitcoin-libertarians-are-going-to-hate-it/
legendary
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"A Kremlin aide was quoted on Tuesday as saying that if the United States were to impose sanctions on Russia over Ukraine, Moscow might be forced to drop the dollar as a reserve currency and refuse to pay off any loans to U.S. banks." http://in.reuters.com/article/2014/03/04/ukraine-crisis-russia-us-idINDEEA2305J20140304

Gee, I wonder what the effect of THAT would be....
I said last year that I expected the dollar to be dead [and swapped out for a Crypto] by the end of next year [9/2015] but I still can't figure out the catalysts which they will use as an excuse to kill the already dead dollar.

Here is an idea...
http://bitcoinmagazine.com/11337/hold-bitcoins-april-8-2014-might-defining-moment-bitcoin-history/

Doesn't matter. Bitcoin is considered property now, not currency

It is considered property by the I.R.S.

Correct, and most likely temporary, but being that we have very thin clarification otherwise, this is the standard I, and many other, are going by right now
legendary
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"...a trio of lawyers, and two entrepreneurs have banded together — very similar to the Justice League — to be advocates for cryptocurrency users across the world. The name of this group is the Digital Asset Transfer Authority (DATA)..." http://bitcoinmagazine.com/11971/data-series-interview-edan-yago-ceo-epiphyte/


Interesting. 

There's no money in being advocates so I wonder who's behind them [paying the bills and pulling their strings].

Either way, I guess this is a good thing for cryptos.  For now at least.
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The World’s First Blockchain Core
"...a trio of lawyers, and two entrepreneurs have banded together — very similar to the Justice League — to be advocates for cryptocurrency users across the world. The name of this group is the Digital Asset Transfer Authority (DATA)..." http://bitcoinmagazine.com/11971/data-series-interview-edan-yago-ceo-epiphyte/
member
Activity: 170
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The World’s First Blockchain Core
"A Kremlin aide was quoted on Tuesday as saying that if the United States were to impose sanctions on Russia over Ukraine, Moscow might be forced to drop the dollar as a reserve currency and refuse to pay off any loans to U.S. banks." http://in.reuters.com/article/2014/03/04/ukraine-crisis-russia-us-idINDEEA2305J20140304

Gee, I wonder what the effect of THAT would be....
I said last year that I expected the dollar to be dead [and swapped out for a Crypto] by the end of next year [9/2015] but I still can't figure out the catalysts which they will use as an excuse to kill the already dead dollar.

Here is an idea...
http://bitcoinmagazine.com/11337/hold-bitcoins-april-8-2014-might-defining-moment-bitcoin-history/

Doesn't matter. Bitcoin is considered property now, not currency

It is considered property by the I.R.S.
legendary
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
"A Kremlin aide was quoted on Tuesday as saying that if the United States were to impose sanctions on Russia over Ukraine, Moscow might be forced to drop the dollar as a reserve currency and refuse to pay off any loans to U.S. banks." http://in.reuters.com/article/2014/03/04/ukraine-crisis-russia-us-idINDEEA2305J20140304

Gee, I wonder what the effect of THAT would be....
I said last year that I expected the dollar to be dead [and swapped out for a Crypto] by the end of next year [9/2015] but I still can't figure out the catalysts which they will use as an excuse to kill the already dead dollar.

Here is an idea...
http://bitcoinmagazine.com/11337/hold-bitcoins-april-8-2014-might-defining-moment-bitcoin-history/

Doesn't matter. Bitcoin is considered property now, not currency
legendary
Activity: 3052
Merit: 1534
www.ixcoin.net
that you Vlad?

[IMG]http://i.imgur



No.

If I wanted to dump it wouldn't be on Vircurex where they're freezing people's BTC.  I already speculated that the 500,000 block for sale will never be sold as nobody is crazy enough to send money to Vircurex right now and so it is being cleverly used as a scarecrow to put a cap on IXC and scare buyers off.

I'm not buying either cause right now I don't have the money.  Very depressing to watch, helplessly.
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legendary
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Nice find.  So the US govt has been secretly working on Bitcoin payment systems for at least 2 years now?

Shocker.  I thought banks and government hated Bitcoin.

Lol, even with evidence like this the Bitcoiners will keep lying and the masses will keep eating the lies until it's too late.


Let them...for the path leads here.
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I suspect as Obama hinted that Russia isn't as strong as they are made out to be. China and The USA are the two biggest players.

Russia is stronger than people think. According to Wikipedia: 'Russia is world's largest natural gas reserves, 8th largest oil reserves, 2nd largest coal reserves, world's leading natural gas exporter and second largest natural gas producer, largest oil exporter and the largest oil producer, 3rd largest electricity producer in the world and the 5th largest renewable energy producer, third largest grain exporter, 8th largest economy in the world by nominal GDP and the 6th largest by purchasing power parity,Russia is considered well ahead of most other resource-rich countries in its economic development, with a long tradition of education, science, and industry,higher proportion of higher education graduates than any other country in Eurasia,second most attractive personal tax system for single managers in the world after the United Arab Emirates, largest stockpile of nuclear weapons in the world,  second largest fleet of ballistic missile submarines and is the only country apart from the United States with a modern strategic bomber force, Russia's tank force is the largest in the world, its surface navy and air force are among the largest ones.' Europe relies to a large degree on Russian energy (russia doesn't need europe's money but europe needs russia's energy), Russia has one of the lowest national foreign debts, and most importantly: they have Putin. This guy just took Crimea without a fight, beat up PussyRiot on intl TV, and has basically told Obama to go screw himself with his sanctions (as in, we will quit using USD as reserve currency AND refuse to pay USD debts). Russia is a monster that is only getting stronger. Combine this with the ineptness of UN armed forces and the continued drawdown of US forces worldwide...Russia is emerging as THE superpower of the 21st century.

China has the potential of a billion people but lacks the military, technological know how, and energy resources to pose any real challenge to the US at this moment in time. This could change incredibly fast and most likely will. The Chinese are shrewd. If they can avoid destroying themselves as they industrialize, China will be a force to be reckoned with.

As far as the US goes...it is infected with a plague of idiots going all the way to the top. America is a Philosophical wasteland (as in, the Philosophy of the nation as a whole and the individual people). 

I do agree with you about where it ultimately leads.


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member
Activity: 170
Merit: 10
The World’s First Blockchain Core
legendary
Activity: 3052
Merit: 1534
www.ixcoin.net


@RobFord,

I totally agree.  I get a bad feeling we're gonna see a war break out involving Israel in the next 12 months.  It may drag a few countries into it and it may be over fairly quickly but I definitely see a war which will have an effect on us all.

I also agree the media has been dumbing down the general population for a long time.  But what I also see is Wall Street and major banks and probably major governments loading up on Bitcoins.  What's the point if bitcoin won't skyrocket? 

I have seen how Wall Street and hedge fund work with paid off media anchors and what I call pocket analysts.  Once they're done buy BTC then the next logical step is to use their massive media machine to pump bitcoin into the stratosphere and that's when the wealth transfer mechanism of the bitcoin protocol kicks into high gear.

Cause like you said, and I've been saying all along, bitcoin is the Ponzi game.  It's more than just GATT (Global Asset Tracking Tool) it's also a massive wealth transfer protocol.

The good news is that if you get in early you'll make some money but the end will be an evil one, regardless.  But since this cannot be stopped by any means or force then you might as well try to profit from it in hopes those profits open up new paths [of exit].
legendary
Activity: 3052
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www.ixcoin.net
interesting comments by a member of the Fed: http://aworldofcurrency.com/david-andolfatta-vp-of-federal-reserve-bank-of-st-louis-asks-is-ripple-a-winner/#
There is definitely interest in the banking community in using or replacing XBT.

Interesting read, thanks for posting.

So they are openly saying that they may like to replace Bitcoin with anothe coin which would give them more control and an "Elastic" supply.  Lol, which means they don't like the hard cap and it may take too long now to get enough foundation seats since the foundation now has powerful billionaire backers.

Notice the day they hired the guy from the Cato institute the attacks on board members seized.  There were plans to oust 2 more board members for some kind of fraud but that never saw the light of day.
member
Activity: 170
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The World’s First Blockchain Core
interesting comments by a member of the Fed: http://aworldofcurrency.com/david-andolfatta-vp-of-federal-reserve-bank-of-st-louis-asks-is-ripple-a-winner/#
There is definitely interest in the banking community in using or replacing XBT.
legendary
Activity: 3052
Merit: 1534
www.ixcoin.net


I'm unable to read that Bitcoin Magazine article.  My iOS crashed 10 times trying to read it.  Very odd as that never happens.

I'll have to try and open it on a different device and see what it's about.  


The basic idea is that PC's running Windows XP will soon be PCI non-compliant meaning that those machines will not be legally allowed to process credit card transactions. Given the estimated numbers of such machines (which include ATM's), there could be some potentially interesting repercussions.

I read the article on a different machine and I'm not convinced this will lead to a mass migration to Bitcoin.  It seems like PCI doesn't have the power for imediate enforcement so I would guess that anyone who hasn't upgraded by April 8th will do so eventually without any noticeable change in services.

That said, one never knows if the media will use this bit to pump Bitcoin although that has not been the trend lately.

I fully expect the media to do a full 180 and go nuts over Bitcoin [nd cryptos] in the second half of this year [after Wall Street and buddies] finish loading up all they can after scaring every Bitcoin possible out of newbies once Bitcoin drops under $400 [very, very soon].
member
Activity: 170
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The World’s First Blockchain Core


I'm unable to read that Bitcoin Magazine article.  My iOS crashed 10 times trying to read it.  Very odd as that never happens.

I'll have to try and open it on a different device and see what it's about. 


The basic idea is that PC's running Windows XP will soon be PCI non-compliant meaning that those machines will not be legally allowed to process credit card transactions. Given the estimated numbers of such machines (which include ATM's), there could be some potentially interesting repercussions.
legendary
Activity: 3052
Merit: 1534
www.ixcoin.net


I'm unable to read that Bitcoin Magazine article.  My iOS crashed 10 times trying to read it.  Very odd as that never happens.

I'll have to try and open it on a different device and see what it's about. 
legendary
Activity: 3052
Merit: 1534
www.ixcoin.net


Made up a new acronym today.

GATT:  Global Asset Tracking Tool.





What was the Bitcoin protocol really designed for?
member
Activity: 170
Merit: 10
The World’s First Blockchain Core
"A Kremlin aide was quoted on Tuesday as saying that if the United States were to impose sanctions on Russia over Ukraine, Moscow might be forced to drop the dollar as a reserve currency and refuse to pay off any loans to U.S. banks." http://in.reuters.com/article/2014/03/04/ukraine-crisis-russia-us-idINDEEA2305J20140304

Gee, I wonder what the effect of THAT would be....
I said last year that I expected the dollar to be dead [and swapped out for a Crypto] by the end of next year [9/2015] but I still can't figure out the catalysts which they will use as an excuse to kill the already dead dollar.

Here is an idea...
http://bitcoinmagazine.com/11337/hold-bitcoins-april-8-2014-might-defining-moment-bitcoin-history/
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