[QUOTE=Tengil;41642683]Bitcoin was created to compete with the western corporate & banking oligarchy.
However, both fiat currency and bitcoins will be rendered useless very soon. The world is about to be intentionally thrown into complete chaos. Out of the turmoil and ashes, the elite will present us with a new stable gold standard and a global bank. The world economy is about to be rebooted with a fresh global currency.
We are actively being prepared for this through the media/entertainment industry. The idea of apocalypse and that gold have great value is now being planted within our minds.[/QUOTE]
u wot m8
[QUOTE=Tengil;41642767]No. But keep watching TV and movies. If you have not connected the dots yet, then it is only a question of time until you will.[/QUOTE]
are you on drugs
[QUOTE=Tengil;41642767]No. But keep watching TV and movies. If you have not connected the dots yet, then it is only a question of time until you will.[/QUOTE]
vote Ron Paul
lol buttcoins nothing of value was lost
[QUOTE=Tengil;41642683]Bitcoin was created to compete with the western corporate & banking oligarchy.
However, both fiat currency and bitcoins will be rendered useless very soon. The world is about to be intentionally thrown into complete chaos. Out of the turmoil and ashes, the elite will present us with a new stable gold standard and a global bank. The world economy is about to be rebooted with a fresh global currency.
We are actively being prepared for this through the media/entertainment industry. The idea of apocalypse and that gold have great value is now being planted within our minds.[/QUOTE]
You've being listening to too much of that Alex Jones haven't you?
[QUOTE=supersnail11;41642370]Bitcoins are backed with the promise that other people will accept them - just like dollars, euros, bottle caps, or cool looking rocks. As long as there's someone who will give you something for it, it's a currency[/QUOTE]
The problem is that people give value to something because usually its backed with something strong.
For instance, fiat money is accepted because it is recognized as a currency to pay taxes with. If the state collapses, fiat money quickly becomes worthless because it can't enforce the collection of taxes anymore.
As for commodity monies, the money itself is valuable because people can use it for secondary purposes (metals like copper and gold were the first coins).
Bitcoin is problematic in that its not inherently backed up by anything at all. No taxes or secondary purposes.
[QUOTE=TheCreeper;41642820]You've being listening to too much of that Alex Jones haven't you?[/QUOTE]
Alex Jones is a part of the deception. He is the actor who alters the masses perception of what a conspiracy theorist is. After watching Alex's wild rants, what is a conspiracy theorist to you?
If you don't fall for the illuminati nonsense, then you will just see a delusional dude who is trying to make money through his show. Either way, you are not getting any closer to the truth.
[QUOTE=Tengil;41642767]No. But keep watching TV and movies. If you have not connected the dots yet, then it is only a question of time until you will.[/QUOTE]
Oh god you're right! I connected the dots and look what I got
[IMG]http://i.imgur.com/4awDBTd.jpg[/IMG]
Oh man we're fucked
[QUOTE=Tengil;41642912]Alex Jones is a part of the deception. He is the actor who alters the masses perception of what a conspiracy theorist is. After watching Alex's wild rants, what is a conspiracy theorist to you?
If you don't fall for the illuminati nonsense, then you will just see a delusional dude who is trying to make money through his show. Either way, you are not getting any closer to the truth.[/QUOTE]
It's true guys, look!
[t]http://i.imgur.com/loV52C8.jpg[/t]
Ahhhhhhhhhhh
[QUOTE=Tengil;41642683]Bitcoin was created to compete with the western corporate & banking oligarchy.
However, both fiat currency and bitcoins will be rendered useless very soon. The world is about to be intentionally thrown into complete chaos. Out of the turmoil and ashes, the elite will present us with a new stable gold standard and a global bank. The world economy is about to be rebooted with a fresh global currency.
We are actively being prepared for this through the media/entertainment industry. The idea of apocalypse and that gold have great value is now being planted within our minds.[/QUOTE]
I can't tell if your insane, or joking
[editline]29th July 2013[/editline]
alex joenes for president
[QUOTE=Tengil;41642912]Alex Jones is a part of the deception. He is the actor who alters the masses perception of what a conspiracy theorist is. After watching Alex's wild rants, what is a conspiracy theorist to you?
If you don't fall for the illuminati nonsense, then you will just see a delusional dude who is trying to make money through his show. Either way, you are not getting any closer to the truth.[/QUOTE]
Lets examine what a conspiracy theorist is; it is a person who claims that a government and/or group is behind an event without showing any evidence to backup their claim.
Alex Jones and the other nonsense preachers have not changed my idea of what a conspiracy theorist is.
I see truth in science and the observations I make of my environment. I see corrupt politicians, governments, and organizations. I see a country that should be protesting on the streets against the unjust actions of its government towards Edward Snowden. I see people in the grand scheme of things doing very little to fight the corruption that plagues our society. That is what I see.
People look for truth where there is not and are only blinded by their ignorance.
[QUOTE=Wizards Court;41641568]eeeeh, aren't bitcoins mostly used by criminals for money laundring anyway? and [b]deluded libertarians lol[/b].[/QUOTE]
Fuq offe m8
because clearly everyone who uses bitcoins or defends it is a libertarian, right?
[QUOTE=TheCreeper;41643012]Lets examine what a conspiracy theorist is; it is a person who claims that a government and/or group is behind an event without any evidence to back it up.[/QUOTE]
Indeed, that is true in many cases. But if you look at the history surrounding banking some pieces of the pussle will quickly fall into place, thus revealing where the missing pieces are to be put. however this will only work if you put down some thought into it.
The reasons for the creation of the Bitcoin stands clear once you understand how the ability to control the printing of fiat currency is the greatest monopolistic power in existence.
[QUOTE=Tengil;41643161]Indeed, that is true in many cases. But if you look at the history surrounding banking some pieces of the pussle will quickly fall into place, thus revealing where the missing pieces are to be put. however this will only work if you put down some thought into it.
The reasons for the creation of the Bitcoin stands clear once you understand how the ability to control the printing of fiat currency is the greatest monopolistic power in existence.[/QUOTE]
What do you think of the Rothschilds?
[QUOTE=Tengil;41643161]Indeed, that is true in many cases. But if you look at the history surrounding banking some pieces of the pussle will quickly fall into place, thus revealing where the missing pieces are to be put. however this will only work if you put down some thought into it.
The reasons for the creation of the Bitcoin stands clear once you understand how the ability to control the printing of fiat currency is the greatest monopolistic power in existence.[/QUOTE]
have you ever tried solving a puzzle with missing pieces?
it don't work
also newsflash: bitcoins aren't the wonder currency that's going to pay your mortgage
[QUOTE=Emperorconor;41643179]What do you think of the Rothschilds?[/QUOTE]
Out of the many things that supposivly are controlling parts of the world. Rothschilds is one of the real ones. Yet the rothschilds is most likely only one of the dynasties and induviduals within this oligarchy who wishes to extend their influence on a global scale.
[QUOTE=Tengil;41643256]Out of the many things that supposivly are controlling parts of the world. Rothschilds is one of the real ones. Yet the rothschilds is most likely only one of the dynasties and induviduals within this oligarchy who wishes to extend their influence on a global scale.[/QUOTE]
Tom Clancy: Crazy Edition
[QUOTE=LordCrypto;41643227]have you ever tried solving a puzzle with missing pieces?
it don't work[/QUOTE]
Did you ever go looking for the pieces?
[QUOTE=Tengil;41643268]Did you ever go looking for the pieces?[/QUOTE]
Yeah a vast yet very hard to detect global network hell bent on instituting a new world order stole them
[QUOTE=Tengil;41643268]Did you ever go looking for the pieces?[/QUOTE]
Ok. Because im lazy please prove us weary Facepunchers wrong by posting a reply containing evidence to support the claims you have made.
[QUOTE=Tengil;41643256]Out of the many things that supposivly are controlling parts of the world. Rothschilds is one of the real ones. Yet the rothschilds is most likely only one of the dynasties and induviduals within this oligarchy who wishes to extend their influence on a global scale.[/QUOTE]
Does the religious background of the Rothschilds come into it?
And similar banking families?
[QUOTE=Emperorconor;41643327]Does the religious background of the Rothschilds come into it?
And similar banking families?[/QUOTE]
Yes ofcourse.
On the surface the truth itself is highly anti-semitic. The normal people within this group are of no importance. It is their more specific leaders, who flourish in decentralized structures of power who should be within our focus. The true nature of the problem is not semitic, it is facist.
[QUOTE=Tengil;41643495]Yes ofcourse.
On the surface the truth itself is highly anti-semitic. The normal people within this group are of no importance. It is their more specific leaders, who flourish in decentralized structures of power who should be within our focus. The true nature of the problem is not semitic, it is facist.[/QUOTE]
So you are saying that Jewish people hold a disproportionate amount of the worlds wealth and control many of the banking institutions?
[QUOTE=Emperorconor;41643560]So you are saying that Jewish people hold a disproportionate amount of the worlds wealth and control many of the banking institutions?[/QUOTE]
always knew it was those damned jews how could I have been so blind as to see the truth thank u tengil for enlightening me
[QUOTE=Emperorconor;41643560]So you are saying that Jewish people hold a disproportionate amount of the worlds wealth and control many of the banking institutions?[/QUOTE]
The jewish people at large have just as much as you and me. However certian individuals and dynasties hold a large amount of the worlds wealth. Their main tool to achieve this have been through banking.
[QUOTE=Tengil;41643641]The jewish people at large have just as much as you and me. However certian individuals and dynasties hold a large amount of the worlds wealth. Their main tool to achieve this have been through banking.[/QUOTE]
did you get into my stash or something because I thought I got rid of that shit on the count of it making me sound retarded.
[QUOTE=Tengil;41643641]The jewish people at large have just as much as you and me. However certian individuals and dynasties hold a large amount of the worlds wealth. Their main tool to achieve this have been through banking.[/QUOTE]
So Jewish banking families are responsible for this mess?
[QUOTE=Emperorconor;41641709]Bitcoin is basically a deflationary currency subject to shocks and is a pyramid scheme as well.
Early adopters hold almost all of the bitcoins. The only reason people are investing into it is because they think other people will invest into it as well.
This model is unsustainable. Unlike fiat money, there is no government with taxes to ensure the currency. Unlike the gold standard, there are no large stores of a valuable metal to ensure the currency.
Bitcoin is literally backed up with the promise that the value of it will increase over time, and that it can be used to buy illegal goods.[/QUOTE]
The US dollar hasn't been backed by gold in 50 years, no other currency is either. Just like bitcoins, its value comes solely from the trust people place in them. If the banks collapsed tomorrow your wallet would be full of Monopoly money.
[QUOTE=Im Crimson;41644283]The US dollar hasn't been backed by gold in 50 years, no other currency is either. Just like bitcoins, its value comes solely from the trust people place in them. If the banks collapsed tomorrow your wallet would be full of Monopoly money.[/QUOTE]
[quote]Unlike fiat money, there is no government with taxes to ensure the currency.[/quote]
Read.
It is backed by taxation. Fiat money was invented and a win-win initially. The state could have more control over monetary policy, whilst you could pay taxes in this "monopoly money".
Fiat money is superior to the gold standard in every way.
[QUOTE=Wizards Court;41641568]eeeeh, aren't bitcoins mostly used by criminals for money laundring anyway? and deluded libertarians lol.[/QUOTE]
They're as illegal as the stock market is.
I bought a fuck load of them when they were dirt cheap, now I'm rich. Sold at 260$ and made a good chunk of change at $623,000.
[QUOTE=Wizards Court;41641568]eeeeh, aren't bitcoins mostly used by criminals for money laundring anyway? and deluded libertarians lol.[/QUOTE]
almost wasn't worth replying to this post, but you'd have to be the deluded one to use a currency that your government counterfeits at will rather than one that determines its own value from a natural market environment. well, maybe not deluded, since governments force you to use their fake currencies anyway.
it would make more sense if the dollar or what have you was based on a tangible resource, hence why the gold standard exists. you could technically argue that we haven't been on it since 1913 but the fact of the matter is governments continue to stockpile it en masse to hedge themselves against the inflation they constantly create, thus when their currency collapses due to being based on debt they'll still come out on top, because after all, debt is as good as money, it just doesnt exist (yet?).
[QUOTE=tzoz;41645091]it would make more sense if the dollar or what have you was based on a tangible resource, hence why the gold standard exists. you could technically argue that we haven't been on it since 1913 but the fact of the matter is governments continue to stockpile it en masse to hedge themselves against the inflation they constantly create, thus when their currency collapses due to being based on debt they'll still come out on top.[/QUOTE]
Moderate inflation is good.
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