Sometimes watching this forum is like watching kids grow up. That's not a negative thing. In fact, it's kind of cool to watch especially with someone that has taken a hard line view for a long time. Then some major event happens like Pirates Ponzi and they come to the realization that things work the way they do for a reason. You can almost see them saying in their heads, "now I know why fraud controls exist, now I know why the Fed is there, now I understand the reason for banks and lending, now I understand international trade controls, now I know the reason for legislating financial controls, now I know why the barter system was replaced, now I know why you don't trust strangers.........
In my opinion the FED IS a Ponzi! And financial controls are primarily put in place to benefit a few.
The federal reserve bank is not "federal" it is a private organisation operated by strangers to you and me, when the shit hits the fan they will not come good, to expect otherwise is naive.
Anthropologists speculate that a widely implemented barter system never existed, the majority of debt records were carried in memory, people trusting one another, in effect it was a distributed P2P trust system, self regulating with no central authority. Then the smaller grain structure of society coalesced into larger groups and centralisation of control began, after that the controllers were always fat and well rested.
And here we are today, bitcoin giving us the chance to go full circle and have another true P2P system, only one that does not require trust, after all the central controllers have long since burnt any trust out of us, they like to keep us seperate lest we make plans to overthrow them. A strategically wise and inevitable move on their part, any central controllers that do not adopt such a position quickly get relegated to the history books, and so a process of natural selection is breeding central control systems that oppress more and more as time goes on.