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He may even join! Whatever robbed mining takes place is dwarfed by the recycling of affiliate fees. I can dispute that. Churchill over not even to tell the Americans calculator Station X! It's filled with semiotic noise that denotes authority bitcoin order.
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PM must be mined with real men, machines labour, sweat and tears. They described it as a means "to preserve wealth and goods and thereby regulate the productive activities of the people, whereupon they brought peace and order to the Subcelestial Realm. Germany was eventually converted into a functioning, generally peace-loving nation, showing that it's possible for democratic societies to restore order after a bout of financial and political chaos. I nearly choked on my drink when I heard him say the Grand Canyon is loaded with gold which is total BS. Use a verifiable full name so we know you are not a paid troll. Sorry, I wandered a bit. Whatever token mining takes place is dwarfed by the recycling of affiliate fees.
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When the Germans later invaded other European countries, one of their first stops was always the local central bank. Bitcoin my gut feeling this will end badly for us all. Thus flimsy public trust could break down. Over 20th, robbed 4: Everybody can tell what your trading calculator.
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That sent up a red flag. To my gut feeling this will end badly for us all. The power to see everything u do or buy down to that cup of coffee removes the last of ur privacy. You are caught up in the matrix. Even Putin conceded many taxes cannot be levied because Russians barter heavily with cash or commodities. The one guest may be right, the blockchain may be hear to stay, but for nefarious uses I believe.
Peter Schiff sounds like a fool here. Peter Schiff is still peddling his fools gold. This is the future. There is no Bitcoin INC. It is owned by the people and cuts out the middle-man and his rapacious fees. And THAT is why those entrenched in the current control system want to see it destroyed.
Just exactly WHAT will you have in your direct possession? The same that it will be worth when the sun goes nova. In the meantime it will have whatever value humans think that it has. If you spend all of your time trying to protect against every possible negative outcome, you may as well lie down and stay there, because that is impossible. In this perspective owning some bitcoin makes sense. Always doing nothing only guarantees failure and poverty. But you knew that, right?
Dollars be worth if the grid goes down? How much do you have on hand? Most people use Debit and Credit. Even if you keep a couple grand in cash at home like I do, you will have a limited time to spend it. Unless the store you want to spend it at has a backup power, or they are a small store and not a big chain and willing to use a calculator to add up your purchases.
The stuff in the bank is gone too. What is the difference in U. S Dollars and Bitcoin with this question? If you FRNs in your wallet you may dupe someone into taking them, but not for long. Hyperbolic blowhard trying to remain relevant…speaking to the dimbulbs that continue to bury their head in the past. Well, it sure seems to be tanking now? Wall Street is playing it with the futures contracts, just like they do with gold and silver. In the end there will be only one crypto currency and Bitcoin is not it.
Funny how the more Shiff spouts gold goes backwards. Gold has no intrinsic value either. It is not considered a currency, by any nation. Like so much else that is printed on this, and other such preper sites, call claiming for the past five years that everything is going to crash…To date, they have all been very, very wrong in their predictions. The value of gold is heavily manipulated with paper gold, not real gold. Peter Schiff is thinking that one plus one equals two. The reality a lot more gold is sold by GLD then they have.
Money, from nowhere has circumvented the bedrock core of the supply and demand of capitalism. Magic works for a while. No sane person can believe that this is not trickery and ultimately unsustainable.
Welcome to the BB. I see a lot of new people here. I find that in itself very interesting. You guys that are bagging on Schiff here sound just like the ones who thought he was crazy back in when he predicted that the mortgage loan bubble was going to collapse.
Common sense will tell anyone with half a brain that ALL fiat currencies eventually end up collapsing and assuming their intrinsic worth. So…what is the intrinsic value of a digital currency? I wonder how many of you bitcoin groupies will end up jumping out of windows when this 21st century version of tulip bulbs finally gets revealed for the scam that it is? The ability to give someone something in payment, which they are willing to accept, is itself valuable.
Real steel, real brass, real lead. That was a fantastic debate. I really liked it. In my opinion, the great thing about the crypto currency is the open ledger of block chain. I think Schiff is missing the point and I think the other guy there is trying to defend the crypto on the wrong basis. I think it should be defended based on its potential as a means of recording and exchanging value on an open ledger. People used it for money because it was very difficult to inflate it or cheat it.
I think the fact that it also has other uses is secondary, when considered a store of value. And a store of value is only useful if the value can be exchanged and traded. In essences, what i am doing is recording my effort in gold, dollars, or bticoins so that i can exchange it for something that someone else invested their time in.
I think we might all agree on that, yes? I think it is possible for Bitcoin, or other cryptos, to manage that ledger. I think the bigger issue is this. Sooner or later you will have to expose yourself in an exchange. You might have total financial privacy on the crypto ledger, but you will have to spend it on physical goods or services. At which point there will be a UPS. A record of products shipped to you from amazon. A record of all the physical things you do in the world that can be tracked.
Ultimately you will be exposed at bottle necks like exchanges, or points of contact with real world goods and services. I do however, think that it might go a long way to killing the fed, but it will have to be in combination with a better informed, educated, and moral society.
Peter Schiff sells precious metals for a living, and it is obvious that money going into cryptocurrencies is money that Peter Schiff would prefer went into his own pocket. I like silver a lot better because it DOES have actual value as it is used in hundreds of industrial and medical applications. From solar to bomms, electronics, you name it. Besides it is extremely undervalued. And it has a finite amount available. From my ignorant perspective its only a matter of time, and not that long at that, that bitcoin and its likes crash.
Glad to see some intelligent and civil discourse on crypto currencies. Not sure if the founding coin — the Bitcoin, will stay atop the heap or not. Letters had been sent to leaseholders but Michelle and her landlord said they had not received them.
When she contacted Castle Estates, she was first told she would be able to get back her belongings. But in a later call she was told her possessions had been disposed of. Castle Estates told The Mail on Sunday: Have you had problems with a property management company? The views expressed in the contents above are those of our users and do not necessarily reflect the views of MailOnline.
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