As Bitcoin crosses $100,000USD read: “Man From The Future Shares His Story” from June 29, 2011 By michaelsuede
President Vladimir Vladimirovich Putin on bitcoin: “Everyone will strive to reduce costs and increase reliability" And of course, "increase reliability" means not using western payment rails that are riddled with and plagued by fraud at every level (from the fact that fraudulent fiat currencies are what is being mediated, to the fact that impersonation is rampant, both of which are eliminated by bitcoin), but settling on bitcoin which eliminates both, and the systemic risk of having Uncle Sam being the controller of the currency and the payment rails, enabling him to both steal from your citizens, expose them to fraud and surveillance and weaponize the payment rais as "Sanctions" levers. No. Bitcoin is the answer to all of this, and it's incredible that it has taken Russia so long to understand this reality. Now that they do, spurred on by GEPOTUS openly threatening them like a gangster, perhaps Russia and BRICS will go full retard for Bitcoin. If they do this, they cannot lose. Just as the International Community rejected the CDMA mobile phone standard for GSM, and America grudgingly followed along, the entire world can settle on Bitcoin and American will join in. BRICS winning does not mean America losing by the way. BRICS winning means America wins. Only America has the political system and the software engineering culture and genius to pull off becoming the world's centre for bitcoin. They did it with Silicon Valley and will do it with bitcoin. Other cultures cannot compete with American culture. Think about it; do you really believe that FRANCE can compete with America as a centre of software businesses? Or Britain? No one in their right mind is thinking about incorporating in INGSOC to establish offices in Shoreditch. INGSOC in particular were warned about this: https://medium.com/@beautyon_/b%C2%B3-boris-bitcoin-britain-3cbb57751aa7 again.. https://medium.com/@beautyon_/priti-patel-is-wrong-about-encryption-5bbfaab62cc1 and again... and again... https://medium.com/@beautyon_/our-submission-to-the-british-governments-digital-currencies-call-for-information-160fbf103bbc and so they can't say they were not warned. Russia is in a unique position to weaponize bitcoin and Americanism against Americans. They can leverage BRICS to adopt bitcoin, and at the same time, obliquely encourage America to "FOMO" into unleashing American genius to protect itself from dedollarization by deregulating bitcoin businesses (which they are already obliged to do by law: https://medium.com/swlh/why-america-cant-regulate-bitcoin-8c77cee8d794) causing bitcoin to be the absolute winner. You couldn't make it up if you tried...and you don't have to...it's REAL!
Is “Socialist Nostr” a real phenomenon? I’m beginning to suspect that it is. Tsk tsk tsk SHAMEFUL!
Despite what some people might believe, what is not required is a "Pressure Group" to help Bitcoin adoption. Well meaning people who've grown up in INGSOC believe that the optics of opposition politics is what will keep Bitcoin users safe from regulation. They're 100% wrong. Listing companies that people should use because they're "unregulated" or "outside the law" only generates scrutiny targets. It doesn't help anyone, and actually has another, hidden purpose. People love to rally behind the underdog; what they're trying to do is create the next "Assange", or "CND", or "Occupy Wall Street" that they can be the heads of, so that they're constantly being interviewed and getting their profile raised in the Mainstream Media. This will increase "Membership" in their organizations, opening the door to future employment in the "Compliance" departments of the companies they "defended", or will allow them to contract out consultancy roles for their companies. Think Rico and BitLicense as examples. And of course, being the de facto heads of "the Industry", not only will they scrape up money, but they'll be directly consulted on the rules to govern the companies they "represent", ensuring permanent roles for themselves in perpetuity. If you should refuse their offer of consultancy, they will threaten you that you will not be aware of upcoming changes and will not have a, "Seat at the Table" to protect yourself from predation, as they have a direct line to the violent thugs who could shut you down. Not going along with them will be portrayed as being an outsider with something to hide, as the people representing the industry will be for "transparency" and "Society". This is exactly how this matter works. It is not about the law or right or wrong; it is about making jobs for people who can't write software and who are not able, for whatever reason, to form companies to serve other people directly They see some new field that does not have "regulation" and they anoint themselves as contact points, injecting themselves into the market where no real purpose is served.
George Galloway is correct. Britain has placed itself in a uniquely perilous position, and will come out as the ultimate loser. America will stand back and watch them be obliterated. The UK is being run by psychopaths. And what of King Charles? the country he waited to rule will be a smoldering pile of ashes; his son’s and grandsons and heirs will inherit ashes, and what for? For the petulant and rabid bloodlust of Socialists. What a waste. WHAT A SHAME. https://rumble.com/v5rornt-no2nato-episode-21-world-war-3.html
This is true. People are more interested in having their biases and prejudices confirmed and magnified, rather than serving others for the greater good. They’re not interested in right and wrong; in fact they don’t believe there is right and wrong, like John Maynard Keynes. This is the reality everyone lives in. Thankfully, there is only one reality, whether anyone likes it or not. This reality is being played out right now in Bitcoin. No matter what anyone’s feelings are, their cereal box philosophies, delusions and threadbare personalities, the actual reality will assert itself, and whether or not you agree with it, or the people who tell the truth, everyone is subject to it. We are going to win. The enemies of reality are going to lose. We can see this playing out in real time, with people saying one thing and doing another, believing this will not be noticed. Everyone notices. Everybody knows. And everyone can choose! View quoted note →
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President Elect Donald J. Trump has promised to eliminate the Income Tax and move government revenue on to Tariffs as Taft did. The Federal Reserve Dollar is dying since it is being printed into oblivion (the definition of inflation). If Lummis was thinking correctly, the answer to several of these difficult problems at once is obvious. When the Income Tax is abolished and Tariffs are the source of income, it should be mandated that those Tariffs be paid in Bitcoin. This would have several immediate side effects. 1/ There would be a very large increase in demand for bitcoin globally 2/ The Federal Government would legitimately start to amass bitcoin 3/ No American Citizen would suffer theft to achieve this end 4/ The U.S. bitcoin ecosystem would be turbo kick started On the final point, these “monies” coming in to the coffers would be spent inside America, creating multiple cascading opportunities for innovation and learning in bitcoin handling. The “Bitcoin Coffer” would be dispersing and disseminating bitcoin into the economy, triggering the de facto “Legal Tender” status of bitcoin, which I note with appropriate disdain, this bill of pure fail fails to address as part of the overall strategy. https://medium.com/@beautyon_/pandering-as-policy-d125d002dcb3
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