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Rob (c137)'s avatar

I can't take Bitcoin seriously when it's just another vehicle for speculation.

It cannot be a useful currency if the price can be swayed easily by any power player.

It's no different than the current speculative bs banking system.

Franklin O'Kanu's avatar

I agree with you Rob -- I too am skeptical of bitcoin. Too many unanswered questions for me.

Rick Mik's avatar

Money is much like a refrigerator to preserve the value of that most precious and perishable of possessions in this material realm; individual and independent time and effort. Reliance on technology breeds a false sense of security in technological advances that are likely to and eventually will compromise any future security protocols. When the energy to power a refrigerator is unavailable it becomes only an ambient temperature box for insecure storage, and is unlikely to preserve any perishable commodity for the longer term. Call me extremely skeptical as well.

Franklin O'Kanu's avatar

Ironically, I just wrote about money in this article I just published. While yes, fiat is a tool of control, I don't know if Bitcoin is an escape -- especially if we are already in debt to the fiat system.

By first eliminating our debt, then can we begin to escape the banker: https://unorthodoxy.substack.com/p/the-revolution-will-not-be-televised

David Westerlund's avatar

MONEY??? $100.oo today is what $1.oo would buy when i started grade school in 1940. Gold was $35.oo/oz and today is $3,500.oo/oz. Our j00 controlled Federal Reserve is the profiteer, using paper/ink/printing machines to reap the profits. Hitler in 1933 tried to stop these people and it resulted in the GR8st (greatest) economy in the world (1938) until the j00s declared war on Hitler started. John F. Kennedy tried in 1962 in the USA and a j00 loving LBJ had JFK shot. TODAY? What can we do?, please comment. 88&8s,Dave

Donna's avatar

I'm no crypto expert, but I see it as just another fiat system... just not controlled (allegedly) by the same goons who control the fed and our fiat US dollars. If electricity to run computers (or the internet itself) is restricted or lost, so is crypto "wealth."

And from what I've learned, you have to pay someone else to transact your crypto for you, you cannot simply transfer it yourself to another person for free. (Maybe that has changed by now?) So even if you hold it in a hardware wallet in your possession, you cannot access it without the cooperation of other skilled people. And if some people stop considering it valuable because they don't have access to electronics, how much food can you actually buy with it? Sure it's lighter weight than gold and silver, but so is paper. 🤷‍♀️

Tony's avatar

https://annavonreitz.com/landofoz1.pdf

https://annavonreitz.com/americansgetthefacts.pdf

https://annavonreitz.com/moneyvaluetime.pdf

https://search.freefind.com/find.html?si=9931410&pid=r&n=0&_charset_=UTF-8&bcd=÷&query=Joes+hamburger+shop

Return to Joe's Hamburger Shop

By Anna Von Reitz

Let's go back to Joe's place and learn some more basic economics.

Joe's place is Fred's favorite lunch spot. Fred is a Federal Employee.

All Fred, the Federale, has to function on is credit, but when he extends credit, it results

in a debt.

That's why Fred has to "pay" Joe with a "debt note", otherwise known as an I.O.U. or

Promissory Note from the FEDERAL RESERVE and the UNITED STATES OF

AMERICA, two foreign Municipal Corporations.

Now, in a sane world, Fred would have a Credit Certificate in his pocket and be able to

pay Joe with a Credit Certificate, but instead, he is reduced to paying with an I.O.U.

from God-Knows-Who-or-What.

A "Federal Reserve Note" is evidence of Fred's debt, and it implies Joe's credit, but

doesn't amount to an actual Credit Certificate in Joe's hand.

This makes it look like Joe is indebted, because he never actually got any credit for the

hamburger he contributed. And he's left standing there with an I.O.U. as the only proof

that he is owed anything at all.

All he got was Fred's promissory note, promising that the FEDERAL RESERVE and the

UNITED STATES OF AMERICA --- are going to pay someday in the future, and

there isn't even a date on the "Note" saying when the debt is due for payment.

So Joe got rooked out of his hamburger, Fred got free lunch, and nobody knows who or

what or where or when to collect on this Promissory Note.If you go to the "Treasury Window" to collect, and you present a box full of these

I.O.U.s, they will tell you that you are not a member of their club and that it is not their

debt, so buzz off.

If you go to the Federal Reserve Banks, they will say, well, you are holding a

Promissory Note with our name on it, but that's not us, that's a different FEDERAL

RESERVE and we aren't responsible for their debts.

Obviously, someone, somewhere, should have called an end to this game a long time

ago, but instead, left with no way to get actual credit for his hamburger, and no actual

money (gold or silver or other asset-backed money) in circulation, either, ---poor old Joe

and his compatriots were left passing Fred's debt around "as if" it was money.

Over time, left with no way to "redeem" this debt either by offsetting it with a separate

credit note owed to Joe, or by paying it with actual asset-backed money, the "perceived"

debt could only grow and grow and grow, even though every time it changed hands, it

represented someone's credit, instead.

Each time that debt note changed hands, it was actually "zeroed" out and became

someone else's credit. But they never actually got credited.

All those Federal Reserve Notes left floating around the world are actually evidence of

the Credit owed to poor old Joe and all the people like him.

Ooh, la, la --- you think someone is cooking the books on all this? Every time Fred, the

Federale, talks about his "National Debt", Joe should be talking about his "National

Credit", but instead, poor old Joe was just left in the dark, alone and confused.

And that's where it sat for over a hundred years, with Joe constantly giving Fred

hamburgers, Fred and these two unknown Municipal Corporations running up their debt

to Joe unabated, Joe collecting their I.O.U.s and trading them as if they were money, and

at the end of the day, what happens?

The FEDERAL RESERVE and the UNITED STATES OF AMERICA corporations go

bankrupt, and claim that all their debts are owed by Fred and Joe, both. Why? Because

they have claimed that Joe is a Federal Employee, too.

Where else did he get all those I.O.U.s?

So these Municipal CORPORATIONS impersonated their actual Creditor, Joe, as if he

was their penniless, always hungry employee, just like Fred. Then they back-charged allthe debt to both Joe and Fred, and sent armed thugs in police uniforms to Joe's

Hamburger Shop with a big "tax" bill and demanded that he pay it.

Well, poor Joe still doesn't have anything to pay with. Nothing but Fred's Debt Notes.

So he hands those back to the thugs as "tax payment" and in reality, they are just

recapturing the evidence of their own debt and charging it off.

Run this pitiful scam through the washing machine a few times and what do you come

up with?

Fraud on an unimaginable scale.

Joe is still waiting for either payment or credit for his hamburger, but now on top of just

giving away tons of food to Fred, he's on the hook to pay (again) for all these failed

I.O.U's he accepted.

The (other) Creditors of the FEDERAL RESERVE and the UNITED STATES OF

AMERICA are now coming after Joe, as if he was responsible for the debts of these

foreign Municipal Corporations-- when all he did was give Fred a lot of free

hamburgers, all based on I.O.U.'s these same corporations issued to him.

Joe is a Creditor and he actually stands first in line, first in time.

Let's look at how these cretins "legalized" this bunko back when it started --- and lookee

here, in Federal Code Title 12 --- it turns out that Joe was supposed to be given Credit

Vouchers (or certificates, or coupons----some kind of separate proof that he was owed

credit and could spend that credit) but he never was.

Neither Joe nor Fred know a thing about this.

It also turns out that Joe was eligible to ask for and receive a Mutual Offset Credit

Exchange Exemption --- a fancy way of saying he could swap debts with Fred. If Joe

owed Fred any debt for Fred's services, he could exchange the hamburgers he gave Fred

against that debt.

Put it this way:

If you owe somebody $100 and they owe you $200, you can just write a hundred off

what they owe you to settle your own debt.

Neither Fred nor Joe ever head about that, either.So the purported remedies offered by the owners of the FEDERAL RESERVE and the

UNITED STATES OF AMERICA, both foreign, both Municipal Corporations, were

never actually made available to Joe, and now their Creditors are suing Joe and trying to

take away his Hamburger Shop--- when he is in fact and by far the priority and

preferential Creditor of both the FEDERAL RESERVE and the UNITED STATES OF

AMERICA, because he has been giving Fred hamburgers a lot longer than anybody

else.

We are presented with the crazy-making reality of China mistaking the Americans (who

are in fact the priority and preferential Creditors of these same foreign Municipal

Corporations) as Debtors of these CORPORATIONS.

China is trying to collect from us, thinking that we owe the FEDERAL RESERVE and

the UNITED STATES OF AMERICA money, when in fact these corporations diddled us

first. They owed us more money than we ever owed them, and more than anybody here

owed

ABIGAIL REPORTS's avatar

Sen. Rand.

The Latest and Most Dangerous COVID Jab is Here

Look no further than the mNexSpike COVID vaccine being rolled out by Moderna.

https://www.randpaulreview.com/p/the-latest-and-most-dangerous-covid

COVID vaccines are among the most destructive experiments ever released upon the public. While big pharma claimed these vaccines were all about protecting “public health,” in actuality, they were about the almighty dollar.

To this day, countless Americans still live with the ramifications of getting these shots injected into their bodies. Worse yet, the National Childhood Vaccine Injury Act makes it impossible for people to go after reckless vaccine manufacturers that cause bodily harm.

The COVID vaccines that came out years ago never did all they were promised to do. These jabs didn’t eliminate the virus. They didn’t even prevent COVID from spreading or infecting other individuals.

Nevertheless, pharmaceutical companies like Moderna, Pfizer, and Johnson & Johnson sat back and collected millions as America burned. None of these companies are dealing with the fallout of their experimental drugs.

ABIGAIL REPORTS's avatar

Walmart wants in on this. I have no interest in it. I love tangible money too much.

Sandra Raymond's avatar

I listened to every episode and I learned a lot.

Annie Oakley's avatar

I think we will have a central bank digital currency soon which may become the reserve world currency.

CM Maccioli's avatar

CBDC's will usher in total abject slavery, the likes of which, we can't even imagine. With thanks to all the card, cell phone swipers who could use cash, but don't, because they're too lazy and too stupid to realize, this "convenience" is a ruse to slap all into a prison.

Annie Oakley's avatar

True, and we will more than likely each have a social credit score like those in China.

Gecko1's avatar

Yup. And a carbon allowance.