Topic: Would Bitcoin not have been a better option for Zimbabwe? - page 2. (Read 2145 times)
^But you said you're not even a US citizen, why baww about US taxes? Got nothing better to do?
the world's largest military
Wrong China has had the world's largest military for years now.
But, I know... the US propaganda machine is strong... don't worry... We have the internet now: http://www.worldatlas.com/articles/29-largest-armies-in-the-world.html
http://www.worldatlas.com/articles/29-largest-armies-in-the-world.htm
OK, you will whine, but state and local taxes will kill them. Not really. Many states like Texas, Nevada, and Florida have no state income tax and sales tax rates across the US are very modest. Many counties also have no local income taxes and many areas have extremely low real estate taxes of less than 1% of the home value per year.
Low tax... is better than no tax?
They dont charge one penny of employment tax in Saudi Arabia. Because they have the oil barrels to end all oil barrels.
The only source of income for your beloved US is their QE and Tax fraud that they perpetrate on their citizens. What is the number one rule when it comes to pyramid schemes and ponzi scams? Eventually, they MUST collapse
You clearly drank too much of that Detroit tap water. Full of nasty neurotoxins, that. Should have invested in Evian.
- I have no Aunt Sally, in Detroit or elsewhere.
- Made actual folding money from Bitcoin enthusiasts like yourself.
- Don't care about negative interest rates, keeping your money in a savings account is the second-dumbest thing to keeping it in BTC.
- Do not oppose the government. Not born in US, came here, like it just fine. Bitching would be a dick move.
- Swim to Nigeria, the prince is askin' for you.
- I have no Aunt Sally, in Detroit or elsewhere.
- Made actual folding money from Bitcoin enthusiasts like yourself.
- Don't care about negative interest rates, keeping your money in a savings account is the second-dumbest thing to keeping it in BTC.
- Do not oppose the government. Not born in US, came here, like it just fine. Bitching would be a dick move.
- Swim to Nigeria, the prince is askin' for you.
Don't get how you made money when you converted to USD.
People don't understand the dollar does not have a fixed value. It literally decreases over time. Each and every one of you that convert into dollars and then sit there and say you "made money" make me laugh.
You've got to keep that sum bitch moving across the entire spectrum of asset classes, because there is action to be had EVERYWHERE. But being an economical noob, this has gone over your head. Not to worry, now that I've mentioned it - you'll never forget.
Send your Aunt sally in detroit an osmosis filter, because your government is financially crippled and unable to keep the lights in the white house on, let alone prevent your aunt from chocking on swamp water
No, I got into Bitcoin because, at first, I was simply amused by the concept, for the same reason as I got into folding@home. Stayed in because it was easy money for a while -- because lunatics and zealots trying to get rich by doing nothing, and I knew the right people. Got out in the $600s on the way up because couldn't believe my luck.
Doubted my decision when the price hit $1200, but since then? No regrets.
Doubted my decision when the price hit $1200, but since then? No regrets.
Either way, you're converting into dollars. Therefore, you lost. There's an entire cloak room, jam packed, with SEVERAL bag's of tricks that you missed out on.
You degrade those living in the third world, yet brush over the fact that your aunt sally over in Michigan can't even have herself a warm cup of coffee anymore because of third world style water pollution. Not cool.
Your missing the point of crypto currencies in general, and I wont explain it to you Mr. "cashed out at $600 with no regrets." You clearly have it all figured out.... until those negative rates kick in. You'll be in a pickle then I tell ya
The fact is, when you compare any random nation in africa... Hell, Detroit is a piss stained landfill when compared with an economy like the one in Nigeria... The Oil capital of africa.
This government that you opose.... then defend.... then opose.... doesn't have the money to lift it's own citizens out of peril and pollution. So paying back this $17 TRILLION worth of external debt is a myth. Your precious dollar is due for some good old fashioned debasing which is taking place already, in a gradual and stealthy manner.
Familiar with the term creeping normality? Creeping normality refers to the way a major change can be accepted as the normal situation if it happens slowly, in unnoticed increments, when it would be regarded as objectionable if it took place in a single step or short period.
Mud water out of Aunt sally's faucet is only the first sign of melt down
You clearly drank too much of that Detroit tap water. Full of nasty neurotoxins, that. Should have invested in Evian.
- I have no Aunt Sally, in Detroit or elsewhere.
- Made actual folding money from Bitcoin enthusiasts like yourself.
- Don't care about negative interest rates, keeping your money in a savings account is the second-dumbest thing to keeping it in BTC.
- Do not oppose the government. Not born in US, came here, like it just fine. Bitching would be a dick move.
- Swim to Nigeria, the prince is askin' for you.
You are not only insane, but a freeloader to boot. No one is forcing you to live in Detroit. You don't like it, leave. You're a US citizen, get a frickin' job. Stop whining and demanding free osmosis water filters. Or go to Zimbabwe and be an entitled brat there. IF they'll take you 
You work like some kind of slave from 9 till 5, each day... and you're forced, via threat of imprisonment to furnish HUGE chunks of your income to your government.
Misinformation. The average American pays 19.8% of their income in federal taxes. The "average" here is misleading because high income earners pay proportionally much more. Someone making in the $40k-$50k per year range, a reasonable salary in most places, only pays 11% in federal taxes. That's a bargain considering they get a massive interstate highway system, the world's largest military, and a robust social security and medicare system that not only protects them in old age but also takes care of them if they become disabled.
OK, you will whine, but state and local taxes will kill them. Not really. Many states like Texas, Nevada, and Florida have no state income tax and sales tax rates across the US are very modest. Many counties also have no local income taxes and many areas have extremely low real estate taxes of less than 1% of the home value per year.
No, I got into Bitcoin because, at first, I was simply amused by the concept, for the same reason as I got into folding@home. Stayed in because it was easy money for a while -- because lunatics and zealots trying to get rich by doing nothing, and I knew the right people. Got out in the $600s on the way up because couldn't believe my luck.
Doubted my decision when the price hit $1200, but since then? No regrets.
Doubted my decision when the price hit $1200, but since then? No regrets.
Either way, you're converting into dollars. Therefore, you lost. There's an entire cloak room, jam packed, with SEVERAL bags of tricks that you missed
You degrade those living in the third world, yet brush over the fact that your aunt sally over in Michigan can't even have herself a warm cup of coffee anymore because of third world style water pollution. Not cool.
Your missing the point of crypto currencies in general, and I wont explain it to you Mr. "cashed out at $600 with no regrets." You clearly have it all figured out.... until those negative rates kick in. You'll be in a pickle then I tell ya
The fact is, when you compare any random nation in africa... Hell, Detroit is a piss stained landfill when compared with an economy like the one in Nigeria... The Oil capital of africa.
This government that you opose.... then defend.... then opose.... doesn't have the money to lift it's own citizens out of peril and pollution. So paying back this $17 TRILLION worth of external debt is a myth. Your precious dollar is due for some good old fashioned debasing which is taking place already, in a gradual and stealthy manner.
Familiar with the term creeping normality? Creeping normality refers to the way a major change can be accepted as the normal situation if it happens slowly, in unnoticed increments, when it would be regarded as objectionable if it took place in a single step or short period.
Mud water out of Aunt sally's faucet is only the first sign of melt down
It means that 64% of all foreign exchange reserves are held in dollars. The next closest competitor is the Euro which accounts for 20% of world reserves.
Foreign exchange reserves are what you use to save your country when, for example, your currency tanks or your primary export crashes in value. See Saudi Arabia and Russia - their dollar and euro reserves are keeping them alive in the age of plummeting oil. It means the world has enormous trust in the dollar as the most stable hold of value.
Nobody holds or trusts Yuan outside of China.
Foreign exchange reserves are what you use to save your country when, for example, your currency tanks or your primary export crashes in value. See Saudi Arabia and Russia - their dollar and euro reserves are keeping them alive in the age of plummeting oil. It means the world has enormous trust in the dollar as the most stable hold of value.
Nobody holds or trusts Yuan outside of China.
Naughty boy... You're using cliches...
What in the world are foreign exchange "reserves?" If mere contributors to some online forum are able to expose the fact that when new dollars are printed into existence, the pre-existing supply loses value - you don't think these central bankers, finance ministers etc are aware of this?
And you want to tell me they are foolish enough to keep this shit pile currency in "reserve" so that their wealth can vanish into thin air. That's not their job.. that's the job of the everyday 9 to 5 slave that has been conditioned to "save" his money instead of investing it.
There are no "foreign exchange reserves"
This is folly, you have to do better than this.
So they're gonna spend the last of their foreign reserves buying coins off Chinese neckbeards? I can think of a few things they'd prefer to do.
Bitcoin is better for countries that are struggling with their banks. Imagine if Greece adapted to bitcoin 2-3 years ago. They would not be in the chaos they were in last year. What bitcoin can do for countries in economic turmoil could save them from disaster. Only if they knew about it first.
If they adopted it 2-3 years ago, they'd be dirt poor. Bitcoin was $1200 2.5 years ago.
Bitcoin is better for countries that are struggling with their banks. Imagine if Greece adapted to bitcoin 2-3 years ago. They would not be in the chaos they were in last year. What bitcoin can do for countries in economic turmoil could save them from disaster. Only if they knew about it first.
Ridiculous statement. The dollar is the world's reserve currency and has risen about 35% against the basket of world currencies since 2008. US treasury notes are the gold standard for liquidity in the world.
The largest complaint the world has about the US dollar is that there are too few, not too many, of them available in circulation. That is why demand for treasury notes worldwide is so insanely high.
The largest complaint the world has about the US dollar is that there are too few, not too many, of them available in circulation. That is why demand for treasury notes worldwide is so insanely high.
US treasury notes are the gold standard for toilet paper at the residence of Xi Jinping
"The dollar is the world's reserve currency?" Without using common cliches, could you actually explain what that means exactly?
It means that 64% of all foreign exchange reserves are held in dollars. The next closest competitor is the Euro which accounts for 20% of world reserves.
Foreign exchange reserves are what you use to save your country when, for example, your currency tanks or your primary export crashes in value. See Saudi Arabia and Russia - their dollar and euro reserves are keeping them alive in the age of plummeting oil. It means the world has enormous trust in the dollar as the most stable hold of value.
Nobody holds or trusts Yuan outside of China.
You are not only insane, but a freeloader to boot. No one is forcing you to live in Detroit. You don't like it, leave. You're a US citizen, get a frickin' job. Stop whining and demanding free osmosis water filters. Or go to Zimbabwe and be an entitled brat there. IF they'll take you
LOL, your government taxes the piss out of you and you call me a freeloader. The humor is A1
You shouldn't make assumptions. I'm certainly not a US citizen. Thankfully so.
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You work like some kind of slave from 9 till 5, each day... and you're forced, via threat of imprisonment to furnish HUGE chunks of your income to your government.
This is nothing except indentured servitude. Slavery if you will.
Get good, you won't have to grind. Doing fine myself, no complaints.This is nothing except indentured servitude. Slavery if you will.
Quote
Even worse, if your government stopped taxing you - they'd literally have zero money.
Their whole QE, tax scam is nothing other than the equivalent of a share buyback scheme. They print the dollars... deploy these dollars via loans, and then collect them back via taxation so that they can purchase MORE assets for themselves, before depleting the spending power of the dollar via more QE
The only reason you have involved yourself in this bitcoin ecosystem is because you have been raped, endlessly by your government.
No, I got into Bitcoin because, at first, I was simply amused by the concept, for the same reason as I got into folding@home. Stayed in because it was easy money for a while -- because lunatics and zealots trying to get rich by doing nothing, and I knew the right people. Got out out in the $600s on the way up because couldn't believe my luck.Their whole QE, tax scam is nothing other than the equivalent of a share buyback scheme. They print the dollars... deploy these dollars via loans, and then collect them back via taxation so that they can purchase MORE assets for themselves, before depleting the spending power of the dollar via more QE
The only reason you have involved yourself in this bitcoin ecosystem is because you have been raped, endlessly by your government.
Doubted my decision when the price hit $1200, but since then? No regrets.
You are not only insane, but a freeloader to boot. No one is forcing you to live in Detroit. You don't like it, leave. You're a US citizen, get a frickin' job. Stop whining and demanding free osmosis water filters. Or go to Zimbabwe and be an entitled brat there. IF they'll take you
LOL, your government taxes the piss out of you and you call me a freeloader. The humor is A1
You shouldn't make assumptions. I'm certainly not a US citizen. Thankfully so.
You work like some kind of slave from 9 till 5, each day... and you're forced, via threat of imprisonment to furnish HUGE chunks of your income to your government.
This is nothing except indentured servitude. Slavery if you will.
Even worse, if your government stopped taxing you - they'd literally have zero money.
Their whole QE, tax scam is nothing other than the equivalent of a share buyback scheme. They print the dollars... deploy these dollars via loans, and then collect them back via taxation so that they can purchase MORE assets for themselves, before further depletion of the spending power of the dollar via more QE
The only reason you have involved yourself in this bitcoin ecosystem is because you have been raped, endlessly by your government. Yet, like Pavlov's dog, the statist conditioning kicks in yet again... and self proclaimed libertarians, anarchists, anti this and anti thats.... revert back to patriots when certain triggers are touched upon
Social engineering at it's finest
They have water and can afford brand name bottled water
From a capitalist stand point. If I bottled up filtered tap water and got you to pay me up to $1.22 per bottle. Who is the smart one in that scenario.... The buyer, or the seller?
You want freebie osmosis water filters from your government? WTF have you done for it lately? Where's that entitled special snowflake attitude coming from, bro? Get a job, buy your own frickin' osmosis water filter
LOL people in Flint will literally be dead if they continue to drink that poisonous water
The US has a networth of $123.8 Trillion dollars as someone posted earlier.
Supplying osmosis filters is the least they can do
lol, this Detroit idee fixe of yours, what up with that? Don't like Detroit? You got legs, walk away. Or swim to Zimbabwe, they need thinking fellers like yourself over there. You''ll be fartin' through silk in no time
I dont have any issue at all with Detroit. It's just, I'd expect the government to do something when such a large amount of their population are being forced to ingest poisonous substances that could cause severe health complications
Your government does not care for your health
Your government does not care for your wealth... Hence their QE scams, and whey they relentlessly tax each and every one of you. How does it feel, when you realise that each and EVERY financial transaction that you have ever intiated on US soil has been taxed off and filtered into the pockets of the same government, that is now sitting on the sidelines, watching you guys suffer and offering ZERO relief
I dunno man... Doesn't seem righteous at all to me.
You are not only insane, but a freeloader to boot. No one is forcing you to live in Detroit. You don't like it, leave. You're a US citizen, get a frickin' job. Don't bitch about Nanny State taking away your freedoms & demand free osmosis water filters in the same breath.
Or go to Zimbabwe and be an entitled brat there, demand free osmosis water filters & see how that goes.
IF they'll take you
They have water and can afford brand name bottled water
From a capitalist stand point. If I bottled up filtered tap water and got you to pay me up to $1.22 per bottle. Who is the smart one in that scenario.... The buyer, or the seller?
You want freebie osmosis water filters from your government? WTF have you done for it lately? Where's that entitled special snowflake attitude coming from, bro? Get a job, buy your own frickin' osmosis water filter
LOL people in Flint will literally be dead if they continue to drink that poisonous water
The US has a networth of $123.8 Trillion dollars as someone posted earlier.
Supplying osmosis filters is the least they can do
lol, this Detroit idee fixe of yours, what up with that? Don't like Detroit? You got legs, walk away. Or swim to Zimbabwe, they need thinking fellers like yourself over there. You''ll be fartin' through silk in no time
I dont have any issue at all with Detroit. It's just, I'd expect the government to do something when such a large amount of their population are being forced to ingest poisonous substances that could cause severe health complications
Your government does not care for your health
Your government does not care for your wealth... Hence their QE scams, and whey they relentlessly tax each and every one of you. How does it feel, when you realise that each and EVERY financial transaction that you have ever intiated on US soil has been taxed off and filtered into the pockets of the same government, that is now sitting on the sidelines, watching you guys suffer and offering ZERO relief
I dunno man... Doesn't seem righteous at all to me.
In Zimbawe bitcoin could be a good solution for users that have money to invest as a future savings with their inflation bitcoin could be good to increase its money, but not for daily expenses.
^^"I understood at last the look in his eyes. He was insane." --Wikiquote
You deny the fact that in Flint, Michigan people are using bottles of Evian water to bathe in their back gardens because their tap water is unsafe?
Quote
You deny the fact that, for years, the WWF foundation and other organisations collected BILLIONS from the united states public - supposedly for "aid" in africa... (yeah right) yet, the federal government of the united states can't even supply each and every home in michigan with a simple osmosis water filter that is quite inexpensive? Inexpensive at least for a country with $123.8 Trillion in "assets."
You want freebie osmosis water filters from your government? WTF have you done for it lately? Where's that entitled special snowflake attitude coming from, bro? Get a job, buy your own frickin' osmosis water filter.Quote
This isn't adding up.
When people like Peter Schiff say that America is on the brink of economic devastation, everyone pokes fun.
Until someone in Detroit twists that faucet
When people like Peter Schiff say that America is on the brink of economic devastation, everyone pokes fun.
Until someone in Detroit twists that faucet
Lol, this Detroit idee fixe of yours, what up with that? Don't like Detroit? You got legs, walk away. Or swim to Zimbabwe, they need thinking fellers like yourself over there. You''ll be fartin' through silk in no time
And this is what I love about bitcoin, that folks in Zimbabwe or Argentina or wherever can spew nonsense earn money in signature campaigns and nearly earn a living doing so. That's bitcoin's power--some folks rage about NWO and world currency and etc, but this is bitcoin's beauty. Not even kidding.
Yes bitcoin literally allows the world's unbanked to plug into the global financial system. Cool beans. This is only a small iota of bitcoin's capabilities to create a fracture in the current status quo.
"Bitcoin's beauty" is not just the pocket money small men are able to earn from Yobit signature campaigns... One day, you will rely heavily on a financial product developed by some Ukrainian teenager... One day, owners of solar panel farms will trade energy back and forth, using the blockchain.
The possibilities are endless.
Maybe the US government will try their hand at the crypto market, and turn the dollar into some new "innovative" altcoin. Maybe they'll be able to host an ICO to help diminish their trillions.... and trillions... aaand trillions worth of external debt
The future is set to be interesting indeed
And this is what I love about bitcoin, that folks in Zimbabwe or Argentina or wherever can spew nonsense earn money in signature campaigns and nearly earn a living doing so. That's bitcoin's power--some folks rage about NWO and world currency and etc, but this is bitcoin's beauty. Not even kidding.
^^"I understood at last the look in his eyes. He was insane." --Wikiquote
You deny the fact that in Flint, Michigan people are using bottles of Evian water to bathe in their back gardens because their tap water is unsafe?
You deny the fact that, for years, the WWF foundation and other organisations collected BILLIONS from the united states public - supposedly for "aid" in africa... (yeah right) yet, the federal government of the united states can't even supply each and every home in michigan with a simple osmosis water filter that is quite inexpensive? Inexpensive at least for a country with $123.8 Trillion in "assets."
This isn't adding up.
When people like Peter Schiff say that America is on the brink of economic devastation, everyone pokes fun.
Until someone in Detroit twists that faucet
Everything moves in cycles. France was once the worlds superpower. Egypt... Rome... Britain.... the Mongol empire.... the Moorish empire... the Persian empire...
It's time for things to reset
^^"I understood at last the look in his eyes. He was insane." --Wikiquote
Ridiculous statement. The dollar is the world's reserve currency and has risen about 35% against the basket of world currencies since 2008. US treasury notes are the gold standard for liquidity in the world.
The largest complaint the world has about the US dollar is that there are too few, not too many, of them available in circulation. That is why demand for treasury notes worldwide is so insanely high.
The largest complaint the world has about the US dollar is that there are too few, not too many, of them available in circulation. That is why demand for treasury notes worldwide is so insanely high.
US treasury notes are the gold standard for toilet paper at the residence of Xi Jinping
"The dollar is the world's reserve currency?" Without using common cliches, could you actually explain what that means exactly?
No one is complaining that there's too few dollars available, like you said, the federal reserve can create as much of it as they want... and this is where your problems stem from.
Muammar Gaddafi died becuase he would rather create his own currency, backed by gold to trade oil amongst allies of Libya. He would rather accept death than the promise of a lifetime supply of US fun tokens, or dollars or whatever...
The united states, world wide, is THE ultimate example of financial stupidity. When you travel out to some other country somewhere and have discussion with the locals, there is no longer any respect for america - at least not from a financial standpoint. China has taken that accolade... Singapore... Belgium... Denmark... the list goes on.
Now when the US is mentioned, it's usually because people feel sorry for you guys and want to band together and deliver some financial aid to Flint, Michigan because your very own government is too broke and financially unsavvy to help you guys out
Since the introduction of the Dollar it's value has only ever plummeted. Forget it's value against other currencies, that is a mere dog and pony show - a rigged one at that. All of these fiat currencies are resetting to their original value of zero. It is literally a scam.
The only reason you'd adopt a fiat currency is if your intent is to scam an entire nation of people of out their wealth. You mention 123.8 Trillion worth of assets. These assets were purchased with the proceeds of their quantitative easing scam. Each time they print money into existence, the pre-existing supply loses value... this is why they INSTANTLY convert these fun tokens into "assets" - yet have zero money to filter that flint water
https://www.cryptocoinsnews.com/wp-content/uploads/2014/09/a-Purchasing-Power-of-U.S.-Dollar.jpg
It's a scam. The same scam that has been perpetrated again and again since the very first fiat currency was created in 1701, in France
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