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User2060 ago

Huffington Post article:

"The trolls and narrowminded Bitcoin bagholders pushing Ethereum “Classic” on an unsuspecting public are not the ultimate reason I’m selling off much of my Bitcoin tonight - that’s just another indication to me that Bitcoin is in a weak position. Ultimately, however, my decision is grounded in economic self-interest. I see optimism and amazing ideas being built out in Ethereum, and I don’t see anything close to this level in Bitcoin at the moment. Shortly after I file this story, I’ll be selling off 80% of my personal Bitcoin holdings; or more accurately, converting them into Ether, on Coinbase."

LOL, it's now worth more than gold since a week, which is kinda great but not that great where the sellers take 15-20% commission and my currency is the CAD which sucks since 2 years... Thankfully I had what was worth 8 USD of btc in my wallet, now it's worth 21. I watch it grow every 2 days by 1.50 or so. It's also a bad sign....get all your cash from the ATM or an actual teller out of the bank and fast....just wait and see and if there's no strange economic problems showing up until next winter (nov 2017) or so, then you can put money in the bank again, but right now I'd consider buying btc and silver certs, not using all your paper (well in Canada it's plastic now, impossible to make fake CADs, they haven't found anybody able to replicate them anyway since they came out in late 2012.

VieBleu ago

roundhouse1776 is a discredited shill as of this thread - https://voat.co/v/pizzagate/1700438

roundhouse1776 ago

Yep, money in the bank will be the first to be wiped out, they can do it with a few strokes of the keyboard. Next vulnerable is cash, because people will stop accepting it as currency, aftet that crypto currency. Precious metals will hold value the longest in an apocalyptic event, but the ultimate currency is goods and food and ways to create those things.

User2060 ago

Agreed, but people have been saying that DA COLLAPSE would happen since Nixon...still waiting for it, like the gun grabbing...I don't think it's there yet at all, the money that makes the fiat system works still because, just imagine the dark budgets of trillions of dollars we know exist and such, the army being 30 years ahead everyone, at least often in prototypes of stuff. Here in Canada it would be fine if the money was all printed by the Bank of Canada, but a Prime Minister we had for a short time but who was the Minister of Economy for almost 20 years says it would create inflation so unnacceptable that blah blah blah, meanwhile, the bank of canada prints 2-3% of debt-free money, and the rest is printed by a German company at interest every year. People should ignore when they speak of the "debt", it's impossible to pay, don't pay, fuck them, even if my country is one of the western country with the lowest debt in the G20. I gotta say muslims have something right about Banking.

But here is where a few Economy students interviewing our ex prime minister and mostly ex economy minister getting caught in his circular logic about how it would be bad if the Bank of Canada printed all of its money debt free :

Former PM of Canada Paul Martin - Where Does Money Come From?

VieBleu ago

FYI roundhouse1776 is a discredited shill that works with armyseer, as of this thread - https://voat.co/v/pizzagate/1700438

roundhouse1776 ago

I've been reading a lot lately that the banking cartel actually want to get back on the gold standard.

They are well aware of the fact that a debt - based fiat currency economy always ends in complete collapse eventually due to hyperinflation and unpayable interest payments.

They want to reset the whole cycle. First in their ultimate greed, they're inflating the stock market to ridiculous heights creating fake wealth. All the insiders will pull out, and then they'll pull the trigger on the collapse. Every company that is left in financial ruin, they will buy up for pennies on the dollar, exactly like the Great Depression and every other recession. This is how they consolidate wealth and power.

User2060 ago

Unless you got an undetectable bug (which can be done easily) in Jacob de Rotshchild's livingroom, I wouldn't make too broad projections. There's been so many of these collapse imminent blah blah videos...Did you watch the video, it's an excerpt from a documentary and the man who controlled Canada's economy for 14 years is making a fool of himself. You can make paper money that doesn't create debt without causing inflation that's insane. The fact the nazis basically won by controlling even Canada's economy what with them printing 95% of our plastic money..with I think 0,80 cent on the dollar....we're getting screwed and gold bullion would be useless, this artificial debt has to get the fuck out. Anyway, getting way too off topic, but I suggest just for the comedic effect of him almost having nuts and bolts and him going "inflation and money lie program is experiencing extreme pressure and his head explode, just from questions 2 guys ask him and when he finally gets to it, his explanation of why the bank of canada can't print all the money is total BS. No wonder Germany is unsinkable, at least they know we tend to pay our debt every year easily here. I'll get worried when those crooked agencies give Canada a note under AAA credit rating and if the dollar goes down all the time, it went down from quasi parity/parity with the USD for basically 15 years, but in 2015 it lost 5 cents every month and it ended up stuck at 0,75-0,76 USD. Which makes it even more expensive to get bitcoins, goddamn resellers taking their 13-20% commission on the dollar. I looked for other ways recently and unfortunately the less crooked way means paying directly from a credit card, and pre-paids aren't accepted, there's been quite a change in prepaid visas or mastercards, they used to be their own thing but now there's only those Vanilla One Mastercards or Visas...they are not directly Visa or Mastercard like the previous ones, I tried to locate some like that and nope...those cards are barely accepted by anyone online.

I got 80k of credit margin so if I hear of even one issue causing me to panic, I'll be pulling out 10 000 (the most an ATM will give away here) 8 days in a row (I'm actually finally on top and in the positive in my bank account, took a year of quasi abandoning a hobby which costs money (record collecting) and I did fine, just barely used a low rate (14.9%) credit card with a small limit of just 1k, and I got everything in order. They can't do like what they did/still do? to Greeks (who I think are being done this because they voted against Israel showing up in the neighbourhood back in 48 when they just self declared themselves independent...I didn't know you could do that, but if it's a plan the Nazi/Zionist International is okay with, then Joseph P. Farrell is even more right than he is and has been.