The average guy still trusts his currency and bank account. Gold is poised to go down instead of up, partially because of this. Only when trouble and fear return - this time with a real effect on the average guy (think Cyprus) - we will see an effect on typical safe havens.
Don't smash the guys that tell you that TBTB still appear to be in full control. Be patient and take every possible scenario into account.
Topic: view: bitcoin has hit its full potential - page 3. (Read 5510 times)
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your bank can close your credit card and freeze your account and there's nothing you can do about that.
bitcoin allows you to become your own bank, you can even loan funds to other people without anyone being able to stop you, no credit card can do that.
bitcoin allows you to become your own bank, you can even loan funds to other people without anyone being able to stop you, no credit card can do that.
There are very few bank users who worry about having their account frozen or their credit card's line of credit frozen, because most people aren't terrorists or drug dealers. So tell me again why exactly everyone is going to start using bitcoin? Why would I want to loan money to a friend? That sounds like a bad idea to begin with, but I suppose if I really wanted to, I'd just write him a check?
https://bitcointalksearch.org/topic/m.8973821
the IMF tells you black on white that it considers confiscating people's money and you still don't care.
what else needs to happen for you to understand that sooner or later they are going to rob you.
there won't be any more obvious signals than this, the next step is you wake up one day and your bank account is frozen.
just like this guy did:
https://bitcointalksearch.org/topic/my-bank-accounts-got-robbed-by-european-commission-over-700k-is-lost-160292
Right now they are paying me to hold dollars, I can get more gold, more gas, more commodities, and after the last 4 days more stock. BTC is down 60 percent over the last 10 months, the good ol USD is up 8-9 percent against the euro, 9-11 percent against gold, 3 dollar gas is on the way. Bitcoin is inflating (which is a function of supply AND DEMAND) while the USD is deflating and you are telling me I will get robbed holding dollars and get rich holding BTC, I am telling you it is just the opposite. The best assets class right now is USD.
Shareholder mentality. Look no further than the next quarter.
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your bank can close your credit card and freeze your account and there's nothing you can do about that.
bitcoin allows you to become your own bank, you can even loan funds to other people without anyone being able to stop you, no credit card can do that.
bitcoin allows you to become your own bank, you can even loan funds to other people without anyone being able to stop you, no credit card can do that.
There are very few bank users who worry about having their account frozen or their credit card's line of credit frozen, because most people aren't terrorists or drug dealers. So tell me again why exactly everyone is going to start using bitcoin? Why would I want to loan money to a friend? That sounds like a bad idea to begin with, but I suppose if I really wanted to, I'd just write him a check?
https://bitcointalksearch.org/topic/m.8973821
the IMF tells you black on white that it considers confiscating people's money and you still don't care.
what else needs to happen for you to understand that sooner or later they are going to rob you.
there won't be any more obvious signals than this, the next step is you wake up one day and your bank account is frozen.
just like this guy did:
https://bitcointalksearch.org/topic/my-bank-accounts-got-robbed-by-european-commission-over-700k-is-lost-160292
Right now they are paying me to hold dollars, I can get more gold, more gas, more commodities, and after the last 4 days more stock. BTC is down 60 percent over the last 10 months, the good ol USD is up 8-9 percent against the euro, 9-11 percent against gold, 3 dollar gas is on the way. Bitcoin is inflating (which is a function of supply AND DEMAND) while the USD is deflating and you are telling me I will get robbed holding dollars and get rich holding BTC, I am telling you it is just the opposite. The best assets class right now is USD.
your basically gambling that youll be able to pull your dollars out before they confiscate them or inflate them to zero.
America can't have a deflating dollar, it has too much debt.
you can be sure the printing press is being warmed up.
Why do you spend so much time in a bitcoin forum, if bitcoin is so bad compared to your dollar ?
ALTRUISM
Why do you spend so much time in a bitcoin forum, if bitcoin is so bad compared to your dollar ?
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your bank can close your credit card and freeze your account and there's nothing you can do about that.
bitcoin allows you to become your own bank, you can even loan funds to other people without anyone being able to stop you, no credit card can do that.
bitcoin allows you to become your own bank, you can even loan funds to other people without anyone being able to stop you, no credit card can do that.
There are very few bank users who worry about having their account frozen or their credit card's line of credit frozen, because most people aren't terrorists or drug dealers. So tell me again why exactly everyone is going to start using bitcoin? Why would I want to loan money to a friend? That sounds like a bad idea to begin with, but I suppose if I really wanted to, I'd just write him a check?
https://bitcointalksearch.org/topic/m.8973821
the IMF tells you black on white that it considers confiscating people's money and you still don't care.
what else needs to happen for you to understand that sooner or later they are going to rob you.
there won't be any more obvious signals than this, the next step is you wake up one day and your bank account is frozen.
just like this guy did:
https://bitcointalksearch.org/topic/my-bank-accounts-got-robbed-by-european-commission-over-700k-is-lost-160292
Right now they are paying me to hold dollars, I can get more gold, more gas, more commodities, and after the last 4 days more stock. BTC is down 60 percent over the last 10 months, the good ol USD is up 8-9 percent against the euro, 9-11 percent against gold, 3 dollar gas is on the way. Bitcoin is inflating (which is a function of supply AND DEMAND) while the USD is deflating and you are telling me I will get robbed holding dollars and get rich holding BTC, I am telling you it is just the opposite. The best assets class right now is USD.
Quote
your bank can close your credit card and freeze your account and there's nothing you can do about that.
bitcoin allows you to become your own bank, you can even loan funds to other people without anyone being able to stop you, no credit card can do that.
bitcoin allows you to become your own bank, you can even loan funds to other people without anyone being able to stop you, no credit card can do that.
There are very few bank users who worry about having their account frozen or their credit card's line of credit frozen, because most people aren't terrorists or drug dealers. So tell me again why exactly everyone is going to start using bitcoin? Why would I want to loan money to a friend? That sounds like a bad idea to begin with, but I suppose if I really wanted to, I'd just write him a check?
https://bitcointalksearch.org/topic/m.8973821
the IMF tells you black on white that it considers confiscating people's money and you still don't care.
what else needs to happen for you to understand that sooner or later they are going to rob you.
there won't be any more obvious signals than this, the next step is you wake up one day and your bank account is frozen.
just like this guy did:
https://bitcointalksearch.org/topic/my-bank-accounts-got-robbed-by-european-commission-over-700k-is-lost-160292
^Bro, there are much simpler ways for your government to pwn you. BTC or no BTC 
they are not going to "pwn" you if your wealth is in bitcoin.
unless you're a very rich high profile target they will just leave you alone and proceed to rob the rest of the sheep who hold their money in the banks and in government bonds.
Robert Paulson, don't be so disdainful of well-adjusted sheep. They are herd animals, fairing awfully outside of the herd. When they stray from the herd, as you seem to be suggesting you've done, they do not somehow become un-sheep.
They simply get eaten by wolves, or run over by drunk kids in pickups.
Sheep that resent being sheep are ill-adjusted sheep with high mortality rates. Contrary to their belief, they aren't lions--they're simply unwell
*typos
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your bank can close your credit card and freeze your account and there's nothing you can do about that.
bitcoin allows you to become your own bank, you can even loan funds to other people without anyone being able to stop you, no credit card can do that.
bitcoin allows you to become your own bank, you can even loan funds to other people without anyone being able to stop you, no credit card can do that.
There are very few bank users who worry about having their account frozen or their credit card's line of credit frozen, because most people aren't terrorists or drug dealers. So tell me again why exactly everyone is going to start using bitcoin? Why would I want to loan money to a friend? That sounds like a bad idea to begin with, but I suppose if I really wanted to, I'd just write him a check?
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a system that disrupts 500 years of banking is not going to be perfect 5 years after its been invented, bitcoin's volatility will decline once the volume on exchanges becomes more substantial, today you only need a few million USD to move the price significantly.
you only need a few thousand to move the market, and that's because nobody is buying bitcoin for the reasons I've already explained. To become stable, there must be a huge volume of traders, which will never happen because bitcoin solves a problem that people don't have and will never have.
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people can want big government all they want, governments rise and fall like the winter wheat, none last forever.
even the mighty roman empire collapsed, but hey, i'm sure its different this time...
even the mighty roman empire collapsed, but hey, i'm sure its different this time...
Sure the US and Western European governments will fall somebody just like the Roman empire did, but probably not within our lifetimes. When that day comes, some people will take a hit and others will profit. When the new government inevitably arises, people will begin using the new currency. Bitcoin will not even be a footnote to that process.
https://www.imf.org/external/pubs/ft/fm/2013/02/pdf/fm1302.pdf
here it is just so that you won't say im paranoid and making stuff up
“The sharp deterioration of the public finances in many countries has revived interest in a ‘capital levy’ – a one-off tax on private wealth – as an exceptional measure to restore debt sustainability. The appeal is that such a tax, if it is implemented before avoidance is possible and there is a belief that it will never be repeated, does not distort behavior (and may be seen by some as fair). … The conditions for success are strong, but also need to be weighed against the risks of the alternatives, which include repudiating public debt or inflating it away.”
here it is just so that you won't say im paranoid and making stuff up
“The sharp deterioration of the public finances in many countries has revived interest in a ‘capital levy’ – a one-off tax on private wealth – as an exceptional measure to restore debt sustainability. The appeal is that such a tax, if it is implemented before avoidance is possible and there is a belief that it will never be repeated, does not distort behavior (and may be seen by some as fair). … The conditions for success are strong, but also need to be weighed against the risks of the alternatives, which include repudiating public debt or inflating it away.”
^Bro, there are much simpler ways for your government to pwn you. BTC or no BTC
they are not going to "pwn" you if your wealth is in bitcoin.
unless you're a very rich high profile target they will just leave you alone and proceed to rob the rest of the sheep who hold their money in the banks and in government bonds.
the fact that the IMF explicitly tells you they are drafting a plan to confiscate people's money is why bitcoin is desperately needed.
if you prefer to ignore all the warning signs that's your choice and i wish you luck.
^Bro, there are much simpler ways for your government to pwn you. BTC or no BTC
Oh, and that national debt? We lied--we're never paying it back. And you can't keep calling to bug us about it. Because Geneva Convention
Oh, and that national debt? We lied--we're never paying it back. And you can't keep calling to bug us about it. Because Geneva Convention
^My banker could steal my money.
A cop could cap my ass as I leave the bank, empty-handed.
A dog could run over, snack on my blownout brains, lap at the blood, get bored, lift his leg and piss on what used to be my face.
How paranoid are you?
A cop could cap my ass as I leave the bank, empty-handed.
A dog could run over, snack on my blownout brains, lap at the blood, get bored, lift his leg and piss on what used to be my face.
How paranoid are you?
hopefully paranoid enough to avoid the same fate as these people had only a year ago.
http://www.forbes.com/sites/nathanlewis/2013/05/03/the-cyprus-bank-bail-in-is-another-crony-bankster-scam/
My bank account is protected by FDIC. I also don't keep more than the insured amount in my account--that's stupid.
Get on my level.
sure "protected" by the FDIC, until it stops being protected and confiscated to pay off America's huge debt either directly or through inflation.
bitcoin allows you to become your own bank
Most people don't want to be their own bank. Most people prefer using simple, fast, reliable payment methods, like credit cards. Using such services, people have an insurance against theft and fraud.
I'm afraid its a decision they are likely to regret (see my two links above)
^My banker could steal my money.
A cop could cap my ass as I leave the bank, empty-handed.
A dog could run over, snack on my blownout brains, lap at the blood, get bored, lift his leg and piss on what used to be my face.
How paranoid are you?
A cop could cap my ass as I leave the bank, empty-handed.
A dog could run over, snack on my blownout brains, lap at the blood, get bored, lift his leg and piss on what used to be my face.
How paranoid are you?
hopefully paranoid enough to avoid the same fate as these people had only a year ago.
http://www.forbes.com/sites/nathanlewis/2013/05/03/the-cyprus-bank-bail-in-is-another-crony-bankster-scam/
My bank account is protected by FDIC. I also don't keep more than the insured amount in my account--that's stupid.
Get on my level.
bitcoin allows you to become your own bank
Most people don't want to be their own bank. Most people prefer using simple, fast, reliable payment methods, like credit cards. Using such services, people have an insurance against theft and fraud.
^My banker could steal my money.
A cop could cap my ass as I leave the bank, empty-handed.
A dog could run over, snack on my blownout brains, lap at the blood, get bored, lift his leg and piss on what used to be my face.
How paranoid are you?
A cop could cap my ass as I leave the bank, empty-handed.
A dog could run over, snack on my blownout brains, lap at the blood, get bored, lift his leg and piss on what used to be my face.
How paranoid are you?
hopefully paranoid enough to avoid the same fate as these people had only a year ago.
http://www.forbes.com/sites/nathanlewis/2013/05/03/the-cyprus-bank-bail-in-is-another-crony-bankster-scam/
^My banker could steal my money.
A cop could cap my ass as I leave the bank, empty-handed.
A dog could run over, snack on my blownout brains, lap at the blood, get bored, lift his leg and piss on what used to be my face.
How paranoid are you?
Re. your link: My bank account is protected by FDIC. I also don't keep more than the insured amount in my account--that's stupid.
A cop could cap my ass as I leave the bank, empty-handed.
A dog could run over, snack on my blownout brains, lap at the blood, get bored, lift his leg and piss on what used to be my face.
How paranoid are you?
Re. your link: My bank account is protected by FDIC. I also don't keep more than the insured amount in my account--that's stupid.
but hey, it couldn't happen here right?
http://www.reuters.com/article/2014/02/12/us-eu-banks-savings-idUSBREA1B1ZI20140212
http://www.reuters.com/article/2014/02/12/us-eu-banks-savings-idUSBREA1B1ZI20140212
^I'm willing to do more than that. I go under a surgeon's knife, without the urge to take it from him so I could do it myself.
And that guy could kill me
And that guy could kill me
the surgeon gains nothing from killing you.
your banker will happily run off with your money to pay his debts.
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