Give me a gold coin and you'll get one back every day...
See this is the sort of ponzi schemes a lot of people are falling for. Why the hell would you spend whole year, inventing a brand new data structure, setup a peer-to-peer network, solve a bunch of mathematical problems that where unsolvable back in 2008 and then release it all as open-source. Just to run a simple ponzi scam?
Whoever is in it has an interest in promoting it because it's a Ponzi scheme. You get some dope to sink some money in there and your $100,000 can become $250,000 in a week.
I can't agree. The basic premise of crypto is to remove currency from the mainstream bank control by decentralizing transactions, and make transactions possible outside the establishment.
Further, there are many many alternative crypto coin types - this is much like creating many different currencies - and this is the farthest from a one-world currency.
If it reaches an audience on a screen; it represents the suggested narrative by the few for the conflict of reason (true versus false) among the many. If you find yourself reasoning about true vs false; then you do it about something that was suggested to you; which allows those who made the suggestion to control both sides the others are reasoning about.
This is called division (reason) by suggestion (-isms). Crypto represents the suggestion; pro and contra crypto the resulting conflict of reason that divides all those who consent to believe or not believe in suggested crypto to fight among each other; while those who suggested crypto gained all the power to define and redefine what it means for all those who consented to it.
In short...if you reason about something; you already consented to it; which gives those who act in the name of it, the power of its definition. It's idolatry of meaning.
However this does not answer WHY people are putting so much of their hard earned cash into a Global Currency, hyping it to be as True as can be but evidently its becoming a Paradoxical Grift to the Masses. I strongly question any Talking Head(s) that rant about Deep State Agendas, NWO etc. but still promote One-World Currency?
WHY people are putting so much of their hard earned cash into a Global Currency
Because as form (life) within flow (inception towards death) the only currency that matters for form is flow. Our free will of choice as form is defined as a reaction to balance within flow.
ONEs choice represents temporary evaluation of ALL offered value within balance of motion. To devalue our choice of evaluation; the few suggest the many to consent by choice to suggested value (money) by other choice (theirs).
If the many consent by choice of evaluation to evaluate suggested money as value; then the few who suggested money gain the power to define value for the many who consent to believe in it.
still promote One-World Currency
Those who comprehend this system and how the few exploit the ignorance of the many; those understand that flow/form represents loss/growth of energy and ALL is ONE in energy. Our status quo represents the ONE world (aka form) currency (aka flow) that is energy.
The suggested mainSTREAM narrative corrupts the comprehension of the many about being within the main stream of energy as form within flow.
Talking Head(s) that rant about Deep State Agendas, NWO etc.
Choice is defined as response to balance. Suggestion of choice to choice deceives choice to ignore balance for believing suggested choice. To believe implies believing or not believing that the suggested choice represents true or false information.
No matter what side you choose to consent to; you will find yourself within the conflict of reason (true versus false) against the other consenting side. Consent to suggestion causes reason; which represents division by suggestion.
This a) divides the many; b) empowers the few who wield what the many believe vs not-believe, and c) is being maintained by the many through suggestion of contradictions to both sides of reason, so that the many keep reasoning. Contradiction of reason by suggestion is called "talmudic reasoning"; while the so called talmud teaches to use implication (if/then) over reason (true vs false).
We are tricked by suggestion to perceive reality through the lens of reason (true vs false) aka as a conflict that doesn't exist. Nature neither offers false information; nor does it brand true information...instead it moves us; which our senses perceive as inspiration; which when adapted to by choice of reaction; builds our comprehension aka our growth potential.
All talking heads represent suggested choice for our free will of choice to ignore balance for, and the majority of them does not comprehend this; because they also consent to suggestion of others; hence being within a chain of command aka following orders...flow represents the ongoing natural order; form represents the temporary chaotic form within. Form needs to resist flow; not follow its order towards death.
We need to use choice upon balance to resist velocity of flow moving form towards an end. Life is not outcome oriented; but balance oriented, which is why the parasitic few suggest us to seek progress. They racketeer the ignorance of humanity; while playing the happy merchants of temptation through means of suggesting us to choose want over need; while ignoring to chose need over want.
Alex Jones takes two shits in the pool of Truth before you or I, eat breakfast. Want to know what has more tangible value then a crypto hash? A bottle of farts for example has more substance although the exact nature of its intangible qualities are destroyed upon its consumption, it is a very real thing unlike a cryto coin.
Doesn't the same argument apply to paper money as well? Paper money has no inherent value (aside from kindling), and yet most people spend the great majority of their energy trying to acquire it. Bitcoin represents a massive improvement over paper money though since there's no centralized authority that can devalue it or confiscate it at will.
"no centralized authority" -- but there are authorities who could control the network, or the power that runs it, or the technology that empowers it, or the cables that connect it, or all of them... and yes its just Fiat with a fancy name and a bunch of claimed benefits that aren't actually true at all, just look at home prices to see the ponzi scheme plain as day.
I'm not really sure what you mean by that. Are you saying that it's possible for the government to stop crypto currencies by physically depriving miners of electricity, internet, etc?
As for the "claimed benefits"-- they're obvious and simple to understand. Could there be a problem with Bitcoin that eventually causes the value to plummet? Absolutely. However, we already know with certainty that there's a problem with the US dollar, and I'm willing to bet a fair amount that it's going to zero before Bitcoin.
"the US dollar" - expand your thinking, all dollars are fiat, and fiat always goes to zero, all dollars are connected ... bitcoin is just a paperless fiat and all of the so called rules and so called security is an illusion. Imma start calling it buttcoin.
"there are authorities who could control the network"
that is not true, and unfortunately shows a complete misunderstanding of the technology. The whole idea of blockchains processed by many nodes in a network is that no one or even several nodes can control things. If a node disagrees with the others, the odd man out cannot alter the records. Decentralizing, by its very nature, prevents a central authority from dominating the transactions.
All you need is 51% of the nodes and a small step for man but a giant leap for mankind type of technological leap or disaster. I think its not hard to imagine an entire country or countries without any power grid or communications in the very near future. EDIT TO ADD: Everything is impossible until it isn't, I bet on crypto going bust like a fart in the wind before some piece of land sinks into the sea, or some tangible gold coin evaporates.
Thank you for the proper input. I will look into this deeper and be objective and subjective about this matter until I have reached a conclusion.
Will do. Thanks again Fren!!
Mesh nets?
Oh ok. So basically amateur radio, but over the internet.
That's alot of words to say ponzi scheme.
Give me a gold coin and you'll get one back every day...
See this is the sort of ponzi schemes a lot of people are falling for. Why the hell would you spend whole year, inventing a brand new data structure, setup a peer-to-peer network, solve a bunch of mathematical problems that where unsolvable back in 2008 and then release it all as open-source. Just to run a simple ponzi scam?
It makes absolutely no sense.
Simply put. Thanks
He also suggests people take the fake ride to the gulags in Mars which will really be somewhere on Earth.
If you don't like the Fed's ability to print money out of thin air, you might like Bitcoin.
Permissionless irrevocable transactions that do not require any centralized intermediary.
Bitcoin is literally the central bankers' worst nightmare.
Whoever is in it has an interest in promoting it because it's a Ponzi scheme. You get some dope to sink some money in there and your $100,000 can become $250,000 in a week.
I can't agree. The basic premise of crypto is to remove currency from the mainstream bank control by decentralizing transactions, and make transactions possible outside the establishment.
Further, there are many many alternative crypto coin types - this is much like creating many different currencies - and this is the farthest from a one-world currency.
If it reaches an audience on a screen; it represents the suggested narrative by the few for the conflict of reason (true versus false) among the many. If you find yourself reasoning about true vs false; then you do it about something that was suggested to you; which allows those who made the suggestion to control both sides the others are reasoning about.
This is called division (reason) by suggestion (-isms). Crypto represents the suggestion; pro and contra crypto the resulting conflict of reason that divides all those who consent to believe or not believe in suggested crypto to fight among each other; while those who suggested crypto gained all the power to define and redefine what it means for all those who consented to it.
In short...if you reason about something; you already consented to it; which gives those who act in the name of it, the power of its definition. It's idolatry of meaning.
Thank you for your input.
However this does not answer WHY people are putting so much of their hard earned cash into a Global Currency, hyping it to be as True as can be but evidently its becoming a Paradoxical Grift to the Masses. I strongly question any Talking Head(s) that rant about Deep State Agendas, NWO etc. but still promote One-World Currency?
Because as form (life) within flow (inception towards death) the only currency that matters for form is flow. Our free will of choice as form is defined as a reaction to balance within flow.
ONEs choice represents temporary evaluation of ALL offered value within balance of motion. To devalue our choice of evaluation; the few suggest the many to consent by choice to suggested value (money) by other choice (theirs).
If the many consent by choice of evaluation to evaluate suggested money as value; then the few who suggested money gain the power to define value for the many who consent to believe in it.
Those who comprehend this system and how the few exploit the ignorance of the many; those understand that flow/form represents loss/growth of energy and ALL is ONE in energy. Our status quo represents the ONE world (aka form) currency (aka flow) that is energy.
The suggested mainSTREAM narrative corrupts the comprehension of the many about being within the main stream of energy as form within flow.
Choice is defined as response to balance. Suggestion of choice to choice deceives choice to ignore balance for believing suggested choice. To believe implies believing or not believing that the suggested choice represents true or false information.
No matter what side you choose to consent to; you will find yourself within the conflict of reason (true versus false) against the other consenting side. Consent to suggestion causes reason; which represents division by suggestion.
This a) divides the many; b) empowers the few who wield what the many believe vs not-believe, and c) is being maintained by the many through suggestion of contradictions to both sides of reason, so that the many keep reasoning. Contradiction of reason by suggestion is called "talmudic reasoning"; while the so called talmud teaches to use implication (if/then) over reason (true vs false).
We are tricked by suggestion to perceive reality through the lens of reason (true vs false) aka as a conflict that doesn't exist. Nature neither offers false information; nor does it brand true information...instead it moves us; which our senses perceive as inspiration; which when adapted to by choice of reaction; builds our comprehension aka our growth potential.
All talking heads represent suggested choice for our free will of choice to ignore balance for, and the majority of them does not comprehend this; because they also consent to suggestion of others; hence being within a chain of command aka following orders...flow represents the ongoing natural order; form represents the temporary chaotic form within. Form needs to resist flow; not follow its order towards death.
We need to use choice upon balance to resist velocity of flow moving form towards an end. Life is not outcome oriented; but balance oriented, which is why the parasitic few suggest us to seek progress. They racketeer the ignorance of humanity; while playing the happy merchants of temptation through means of suggesting us to choose want over need; while ignoring to chose need over want.
Alex Jones takes two shits in the pool of Truth before you or I, eat breakfast. Want to know what has more tangible value then a crypto hash? A bottle of farts for example has more substance although the exact nature of its intangible qualities are destroyed upon its consumption, it is a very real thing unlike a cryto coin.
Doesn't the same argument apply to paper money as well? Paper money has no inherent value (aside from kindling), and yet most people spend the great majority of their energy trying to acquire it. Bitcoin represents a massive improvement over paper money though since there's no centralized authority that can devalue it or confiscate it at will.
"no centralized authority" -- but there are authorities who could control the network, or the power that runs it, or the technology that empowers it, or the cables that connect it, or all of them... and yes its just Fiat with a fancy name and a bunch of claimed benefits that aren't actually true at all, just look at home prices to see the ponzi scheme plain as day.
I'm not really sure what you mean by that. Are you saying that it's possible for the government to stop crypto currencies by physically depriving miners of electricity, internet, etc?
As for the "claimed benefits"-- they're obvious and simple to understand. Could there be a problem with Bitcoin that eventually causes the value to plummet? Absolutely. However, we already know with certainty that there's a problem with the US dollar, and I'm willing to bet a fair amount that it's going to zero before Bitcoin.
"the US dollar" - expand your thinking, all dollars are fiat, and fiat always goes to zero, all dollars are connected ... bitcoin is just a paperless fiat and all of the so called rules and so called security is an illusion. Imma start calling it buttcoin.
"there are authorities who could control the network"
that is not true, and unfortunately shows a complete misunderstanding of the technology. The whole idea of blockchains processed by many nodes in a network is that no one or even several nodes can control things. If a node disagrees with the others, the odd man out cannot alter the records. Decentralizing, by its very nature, prevents a central authority from dominating the transactions.
All you need is 51% of the nodes and a small step for man but a giant leap for mankind type of technological leap or disaster. I think its not hard to imagine an entire country or countries without any power grid or communications in the very near future. EDIT TO ADD: Everything is impossible until it isn't, I bet on crypto going bust like a fart in the wind before some piece of land sinks into the sea, or some tangible gold coin evaporates.
I see your bet and raise you two Ethereums and a Tommy's Tamale.