(solved)Why try to push bitcoin so hard

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Re: Why try to push bitcoin so hard

Postby Fernando Negro » 2017-02-28 09:46

pawRoot wrote:Those companies you listed haven't been accepting BTC for years, they started doing so when they saw potential in it, and when it got enough media coverage etc.


Read carefully the page where those companies are listed. In one of the lines on the top, it says: "By Jonas Chokun on June 19, 2016 - Updated on February 6th, 2017"

As for the "conspiracy theorist" label that I'm used to,

It's not theorizing on my part. These are the perceived actions that everyone who's paying attention can already see unfolding, and that are even mere confirmations of what people who have contacts in intelligence agencies have been warning about for years. (Ex: https://web.archive.org/web/20120425030 ... el_Estulin)
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Re: Why try to push bitcoin so hard

Postby pawRoot » 2017-02-28 09:58

Is it next conspiracy theory author who want you to buy his book to know truth and all other people are sheeps ? :roll:

As i said most companies accept BTC to attract more customers, simple as that, i remember few years ago even alot of pubs/takeaways in Poland started accepting BTC, did they do that because they are in agreement with masons or to attract more customers?

Many people are tired of bullshit payment systems we got nowadays thats why BTC got so popular.

And it all doesn't matter anyway, since we have a monetary system based on debt, one day all you will be able to do with dollars is use them as toilet paper.
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Re: Why try to push bitcoin so hard

Postby Fernando Negro » 2018-02-05 12:31

1) For those of you who can understand Spanish,

A very well-known Russian intelligence officer briefly explaining, on the State-owned "Catalunya Ràdio", that Bitcoin is a creation of the establishment:

http://www.ccma.cat/catradio/alacarta/e ... io/988886/


2) And, for those of you who can only understand English,

Answering the question that is made in the original/first post of this thread,

(Taken from posts I've made here: https://www.phoronix.com/forums/forum/p ... ost1005033)

This intelligence officer will soon (within very few months) launch the English version of his book about the Trump Presidency. But, to make a long story short (from what I know, already - since, I'm waiting for the Portuguese translation)... The whole World Economy is about to Collapse (following the postponement of what should have happened in 2008). And, due to this inevitable Collapse, there's a faction of the "powers-that-be" that is desperately trying to come up with a new economic model - including a new monetary system. And, if the people behind Trump manage to succeed, then we will see this so-called cryptocurrencies become the official ones. (One thing is for sure. The current economic model is unsustainable: https://twitter.com/i/web/status/930103167634653184)
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Re: Why try to push bitcoin so hard

Postby Fernando Negro » 2018-02-05 12:49

Addendum

For those of you who have any doubts that the whole World Economy is about to Collapse (https://www.youtube.com/watch?v=ZjVT26Sm-EY#t=17m50s) you need to go no further than here:

http://forum.prisonplanet.com/index.php ... #msg899883

(Nobody can tell exactly when will this happen. But, it's an inevitability.)
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Re: Why try to push bitcoin so hard

Postby Wheelerof4te » 2018-02-05 12:52

Any "currency" that can flip-flop in just few days from 20k to some 12k is a money laundering scam. BitCoin and all other cryptocurrencies are ellaborate pyramid schemes, major bubbles that can be very risky and dangerous to ones economic safety. Add to that the backing by absolutely nothing but who has larger and better mining farms and you get a perfect scam payment for smuggled stolen goods, shady deals and financial vapourware.

Cryptocurrencies are not currencies, they are an asset for speculations. Only physical money (be it backed by gold or large military) can be vaiable mechanism of exchange. All other methods, including electronic payments, are either vapourware or uenthical and more importantly unsafe.

TL;DR: Currency needs to be stable, like Debian Stable. Cryptocurrencies are not, so they aren't real currencies.
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Re: Why try to push bitcoin so hard

Postby pawRoot » 2018-02-05 14:12

If BTC is a pyramid scheme then who is on top ?

Wheelerof4te wrote:Only physical money (be it backed by gold or large military) can be vaiable mechanism of exchange.


Money aren't backed by gold since a long time, you need to educate yourself.
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Re: Why try to push bitcoin so hard

Postby cds60601 » 2018-02-05 15:16

pawRoot wrote:If BTC is a pyramid scheme then who is on top ?

Wheelerof4te wrote:Only physical money (be it backed by gold or large military) can be vaiable mechanism of exchange.


Money aren't backed by gold since a long time, you need to educate yourself.


That is correct. The US dollar went off the gold standard in the 30's or the 70's (depending on your point of view of course).
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Re: Why try to push bitcoin so hard

Postby Wheelerof4te » 2018-02-05 15:33

pawRoot wrote:Money aren't backed by gold since a long time, you need to educate yourself.

And you really need to be a little less hostile. I knew that, that's why I added "military". It was a hypothetical example. FYI, I've studied economy and know a bit (meaning a lot) about it. You maybe need to educate yourself about financial bubbles and how they're made. To you it sounds reasonable for a "currency" to be so volatile as to peek 20k $ and few weeks later to plummet below 10k?!
pawRoot wrote:If BTC is a pyramid scheme then who is on top ?

The ones who control the internet, the IP providers and the US government with it's many intel agencies. Even uneducated people know that. Guess why it's being banned in China (including India, South Korea an some others) and heavily regulated in Russia?
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Re: Why try to push bitcoin so hard

Postby golinux » 2018-02-05 15:46

There was an interesting factoid about bitcoin in a TedX talk that jaromil (dyne.org) gave a few years ago. It seems that bitcoin was developed as a creative solution to get around the blockade that financial institutions put on donations to Julian Assange and Wikileaks. When there is oppression, those seeking freedom will always find a way around. ;)
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Re: Why try to push bitcoin so hard

Postby pawRoot » 2018-02-05 15:49

Wheelerof4te wrote:To you it sounds reasonable for a "currency" to be so volatile as to peek 20k $ and few weeks later to plummet below 10k?!


When did i say that ?

Wheelerof4te wrote:The ones who control the internet, the IP providers and the US government with it's many intel agencies.


Total bollocks.
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Re: Why try to push bitcoin so hard

Postby None1975 » 2018-02-05 16:18

Bitcoin...This is the greatest deception of all time...They are used by parasites, fraudsters, stock market speculators and other capitalists.
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Re: Why try to push bitcoin so hard

Postby None1975 » 2018-02-05 16:21

Fernando Negro wrote:Addendum

For those of you who have any doubts that the whole World Economy is about to Collapse (https://www.youtube.com/watch?v=ZjVT26Sm-EY#t=17m50s) you need to go no further than here:

http://forum.prisonplanet.com/index.php ... #msg899883

(Nobody can tell exactly when will this happen. But, it's an inevitability.)


This is an indisputable principle of capitalism. Study Karl Marx and V.I. Lenin. They explained everything.
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Re: Why try to push bitcoin so hard

Postby pawRoot » 2018-02-05 16:42

None1975 wrote:
Fernando Negro wrote:Addendum

For those of you who have any doubts that the whole World Economy is about to Collapse (https://www.youtube.com/watch?v=ZjVT26Sm-EY#t=17m50s) you need to go no further than here:

http://forum.prisonplanet.com/index.php ... #msg899883

(Nobody can tell exactly when will this happen. But, it's an inevitability.)


This is an indisputable principle of capitalism. Study Karl Marx and V.I. Lenin. They explained everything.


Who cares what communists said ?
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Re: Why try to push bitcoin so hard

Postby Wheelerof4te » 2018-02-05 16:51

^Be they communists or not, it is true that most of what they predicted is coming true. I believe it's very ignorant to dismiss the obvious truths just because someone belonged to a certain ideology. What about Friedman's and Adam Smith's free market economy?
How did that go and where do we stand now with that pipe dream?
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Re: Why try to push bitcoin so hard

Postby RU55EL » 2018-02-05 17:36

Wheelerof4te wrote:[...]
pawRoot wrote:If BTC is a pyramid scheme then who is on top ?

The ones who control the internet, the IP providers and the US government with it's many intel agencies. Even uneducated people know that. Guess why it's being banned in China (including India, South Korea an some others) and heavily regulated in Russia?


I think you have it backward. Bitcoin was developed privately in order to circumvent government and bank control of money. That is why China, India, South Korea, etc., suppress it. Bitcoin eliminates banks and Governments as a middlemen.

Big business has seen the advantages of the block-chain algorithm* and, of course, they want to use it for profit.

*The block chain algorithm: Part of what makes bitcoin work, but not bitcoin itself.
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