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Topic: You think MtGox's lost 850k btc is beyond comprehension? ... watch this. - page 2. (Read 3721 times)

hero member
Activity: 658
Merit: 500
Thank you for sharing this. That's a lot of money!

Not that much.... only $30,000 for each person in U.S

 Grin
legendary
Activity: 2674
Merit: 3000
Terminated.
Thank you for sharing this. That's a lot of money!
full member
Activity: 280
Merit: 100
The Future Of Work
this got me thinking... with such losses and such debt soon a loaf of bread would be worth $10,000...

is this governments way of making the dollar divisible by more zero's then 2.. to try competing with bitcoin

Cheesy (sarcastic face)

My grandmother was a young mother in 1923 in Germany when they had hyperinflation.  She said on payday, the women would go collect the money in wheelbarrows as soon as it was available and ran to the stores to buy their loaf of bread before the value fell and they couldn't get anything anymore.

But we all know Fiat is safer and more real than crypto currency, LOL.  It has the government backing it!

Hyperinflation
Nazi fanaticism
Mass murder of millions of Ukrainians

but none of this can ever happen again, no, not in the U.S.A.!

I can argue right now we are becoming a fascist state.

yes, when we become sheeple, we get what we deserve.
newbie
Activity: 2
Merit: 0
Very interesting, and thought this is only one of a few similar big moneylosses that happened from 2008 to 2014.. Crazy world..
hero member
Activity: 784
Merit: 500
I think that was an overnight loan so these banks could clear their books.   It was paid back

Different than Mt Gox

Wow.... its truly suckers born every sec...  Roll Eyes

Dude learn the facts before you speak.   Bloomberg article was wrong.   Grayson got his info from Bloomberg and not research.  Coleman couldn't answer his question cause she wasn't prepared.   Money was not missing it was overnight loans that were paid back

http://econbrowser.com/archives/2011/12/more_on_those_s

This is written by L Randall Wray on Levi Institute blog.   Wray is a respected economist and not politico
hero member
Activity: 578
Merit: 508
Of course they know where the money went, but you may not want to know:

1) The Afghan and Iraq wars, $2 trillion.

2) $1.3 trillion for the Bush tax cuts.

3) Red state welfare (federal taxes received versus federal taxes paid):

Of the twenty worst states, 16 are either Republican dominated or conservative states. Let's go through the top twenty.

New Mexico: $2.03
Mississippi: $2.02
Alaska: $1.84
Louisiana: $1.78
West Virginia: $1.76
North Dakota: $1.68
Alabama: $1.66
South Dakota: $1.53
Kentucky: $1.51
Virginia: $1.51
Montana: $1.47
Hawaii: $1.44
Maine: $1.41
Arkansas: $1.41
Oklahoma: $1.36
South Carolina: $1.35
Missouri: $1.32
Maryland: $1.30
Tennessee: $1.27
Idaho: $1.21
Does anyone else notice the overwhelming presence of northern "rugged individualist" states, like Alaska, the Dakotas and Montana, along with most of the South? Why it's almost like there's a pattern here or something.

Where can we find liberal bastions California, New York, and Massachusetts? California is 43rd, getting back only $0.78 for every dollar it sends to Washington. New York is 42nd, and one penny better off, at $0.79 per dollar. Massachusetts is 40th, receiving $0.82 for every dollar it sends to DC.
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
In future money those coins are worth trillions maybe
hero member
Activity: 658
Merit: 500
I think that was an overnight loan so these banks could clear their books.   It was paid back

Different than Mt Gox

Wow.... its truly suckers born every sec...  Roll Eyes
hero member
Activity: 632
Merit: 500
The big question here for both the Federal Reserve & Mtgox...

Were these funds truly "lost", or intentionally stolen by the owners?

Call me jaded, but my vote is the later in both cases.
hero member
Activity: 784
Merit: 500
I think that was an overnight loan so these banks could clear their books.   It was paid back

Different than Mt Gox
hero member
Activity: 658
Merit: 500
At least they did not lost customer funds like mtgox did. ( its insured is in it Smiley.  )

Are you serious?

The whole world is customer of the Fed Reserve
hero member
Activity: 854
Merit: 500
Nope..
Wow.  This reinforces my belief in BTC.  A currency, any currency, that cannot lie must be a threat for a reason.  What is that reason?  

Rep. Alan Grayson, D-Florida: "I am shocked that nobody at the Federal Reserve is keeping track of this."

legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
It was literally
Committee: Your responsible right?
Fed: Uh we have stuff to investigate
Committee: But that's your job
Fed: I'll go look into this article uh uh uh we need details let me out of here there's no losses sweatdrop
hero member
Activity: 812
Merit: 500
hero member
Activity: 854
Merit: 1000
You brought up a good point Seriouscoin!  Where is our money!
sr. member
Activity: 476
Merit: 250
At least they did not lost customer funds like mtgox did. ( its insured is in it Smiley.  )
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
Heroes and role models for mark.   Cheesy
legendary
Activity: 4424
Merit: 4794
this got me thinking... with such losses and such debt soon a loaf of bread would be worth $10,000...

is this governments way of making the dollar divisible by more zero's then 2.. to try competing with bitcoin

Cheesy (sarcastic face)
legendary
Activity: 4424
Merit: 4794
i watched it a couple years ago and i was shocked at the losses yet 2 years on the news spews out stories of how the people owe trillions, yet no one mentions the 9trill that the fed owes to people. it just strangely becomes a mixed in amount that 'people' now owe
full member
Activity: 122
Merit: 100
I Quantum Leap to different worlds when I sleep...
The Federal Reserve is about as FEDERAL as FEDERAL EXPRESS! We don't own the Federal Reserve the FEDERAL RESERVE owns US! There was another huge balance that went missing right before 9/11 2.3 trillion? That they were investigating the disappearance of?then all of a sudden by a strange coincidence Roll Eyes a said "plane" but was actually a MISSILE crashed into the Pentagon and destroyed that branch of office destroying all evidence of these transactions and ending the search since all paperwork was destroyed......... http://www.youtube.com/watch?v=W-F5NKAMdFc and people just magically seemed to forget all about this one unbelievable....... if you ask the SHEEPLE.....
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