Bitcoin

[Abiding Now]

Seems like I remember something like this has happened before........................

[shazeep]

Hmm, not sure, but i think that that is also a Rothschild note, with interest attached? While Lincoln's Greenback of the same period might be a better analogy; but both are country-specific, whereas cryptocurrencies are not. An important note here is that, like torrents, cryptocurrencies have not been 'shut down' yet only because it is not possible to even do this short of shutting down the entire web. Loss of 'net neutrality' notwithstanding.

I've just watched a documentary on how humans did great without any form of money for centuries; and so the best critique of cryptocurrency might be that any money is 'satanic,' but i'm not really qualified to comment there.

[Abiding Now]

Originally Posted by shazeep

Hmm, not sure, but i think that that is also a Rothschild note, with interest attached? While Lincoln's Greenback of the same period might be a better analogy; but both are country-specific, whereas cryptocurrencies are not. An important note here is that, like torrents, cryptocurrencies have not been 'shut down' yet only because it is not possible to even do this short of shutting down the entire web. Loss of 'net neutrality' notwithstanding.

I've just watched a documentary on how humans did great without any form of money for centuries; and so the best critique of cryptocurrency might be that any money is 'satanic,' but i'm not really qualified to comment there.

Go ahead, it hasn't kept anyone else from posting on AFF.

[shazeep]

ha well unfortunately i'm human too, and imagining that model just seems to become an exercise in idealism lol

[shazeep]

Might be worth noting that your country's credit rating, if you can read this, is most likely 'junk' or close to it; Bitcoin is AAA.

[Norman]

The man pushing the bitcoin with the video wants your dollars. That sounds suspicious to me.

[shazeep]

Originally Posted by Norman

The man pushing the bitcoin with the video wants your dollars. That sounds suspicious to me.

Um, hmm. To that i would say that bitcoin is much bigger than him, whoever he is. Personally i would be using BTC strictly as a financial step taken in shifting sand; buy and hold, and then sell prudently. The upside potential is just too big, imo, to not have a small position in both BTC and LTC. But i'd seriously have more $ in raw honey right now than anything else--both of those have recently popped, and honey must rise.

[KeptByTheWord]

Why have $ in raw honey?

[shazeep]

Originally Posted by KeptByTheWord

Why have $ in raw honey?

really i have no idea how i got onto that; a result of my diet now, maybe?
1) Bees are dying en masse, = less honey, while demand only grows.
2) Honey does not spoil with even minimal storage care.
3) It can be eaten, and is in fact a superfood; and raw honey, pollen intact, has several other uses as well. Note that you will not find the honey i mean at a grocery store--not even a Whole Foods. Go to Craigslist, or a farm stand, and prefer glass jars over plastic, or transfer (honey is highly acidic). Bug parts in your honey = the least processing.

But also note that virtually any commodity charted against the dollar will outperform it, interest included. Work up a chart of honey v your ira for the last ten years, and see. Manure has done better than your savings! And is better protected; no one will be interested nor have access to your manure--but they're coming for your ira, deposit boxes, etc. Soon. Heck, they're stealing from your ira every day that it stays in $ now.

[shazeep]

http://rt.com/usa/las-vegas-casino-bitcoin-974/?