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Fiat currency vs Hard currency Year 1919: 1oz gold = 170 Marks Year 1923: 1oz gold = 87,000,000,000,000 Marks Choose wisely #Gold #Silver #Cardano #Bitcoin (nitter.nl)
posted 3 years ago by CoolAsACucumber 3 years ago by CoolAsACucumber +30 / -0
T ? ?? (@TeongH_SR)
Fiat currency vs Hard currencyYear 1919: 1oz gold = 170 Marks Year 1923:1oz gold = 87,000,000,000,000 MarksChoose wisely#Gold#Silver#Bitcoin
nitter.nl
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Comments (25)
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▲ 3 ▼
– Khakiclay 3 points 3 years ago +3 / -0

Wait till it comes out BTC is a pedo MIT coin. Obviously BTC's 2000 year stability makes it equivalent.

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▲ 4 ▼
– CoolAsACucumber [S] 4 points 3 years ago +4 / -0

Instead of throwing out retarded word salads to scare people from freeing themselves financially, please provide some sources that Bitcoin is compromised or untrustworthy.

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– Khakiclay 2 points 3 years ago +2 / -0

You haven't studied. Origin is MIT. MIT high compromise level. Many other coins have no sti k and you know original owners and majority owners. BTC came out and i heard of it first by less than reputable people from MIT when living there in 2010

So prove to me i am wrong. I know people from 2010 days and distro patterns, i feel comfy woth my statement.

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▲ 5 ▼
– CoolAsACucumber [S] 5 points 3 years ago +5 / -0

You have absolutely no sources that the Bitcoin came from MIT.

You tell me I haven't studied but you are not providing any sources. This is fucking stupid if you are trying to rightly convince people but an obvious tactic for manipulating people with fear.

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▲ 1 ▼
– Khakiclay 1 point 3 years ago +1 / -0

Provid sources no MIT connection.

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– CoolAsACucumber [S] 5 points 3 years ago +5 / -0

The burden of proof is on you, not me. I'm not making the claim that Bitcoin was made by MIT, you are.

I have a suspicion you are Fed anyway.

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– deleted 1 point 3 years ago +1 / -0
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– CoolAsACucumber [S] 2 points 3 years ago +2 / -0

There's already been several court cases in favor of Bitcoin specifically. It would be a huge headache for the Federal Govt to undo the precedence set by Bitcoin. However, precedence hasn't been set for crypto other than Bitcoin.

With the RESTRICT Act going through congress, they'd be able to outlaw Bitcoin and Crypto in the blink of an eye. Congressional Law overrules judge precedence buy it has to be passed in a subtle way so the public doesn't notice.

https://nitter.nl/LPMisesCaucus/status/1639934790026555394

https://nitter.nl/greg_price11/status/1640722365809147905

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– yPree 2 points 3 years ago +2 / -0

Surprised more people aren’t talking about this. I have invested thousands into crypto, however.. I can’t help but feel like something seems completely off lately. Does anyone know how much Btc the US government is currently holding?

I’m sure they would be able to manipulate the markets.

Here’s what really confuses me. They continue to destroy the dollar. It seems as if they really don’t care. Which is driving a lot of new people to buy bitcoin at a very high price… I just feel like we’re going to be blind-sided. I refuse to sell my bitcoin, but I’m also not buying anymore, been awhile now.

Worst case scenario, if I lose my bitcoin.. I’m still fine but I don’t see cbdc and bitcoin working in harmony. (They can, Ofcourse but I don’t see our government allowing that to happen)

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▲ 2 ▼
– CoolAsACucumber [S] 2 points 3 years ago +2 / -0

The US Government holds 205,515 bitcoins more than 1% of the Circulating supply https://www.teddit.net/r/CryptoCurrency/comments/122unbm/the_us_government_holds_205515_bitcoins_more_than/


The same month the SEC said Coinbase were violating securities laws, the USGOV sent 9,826 BTC to Coinbase to sell. https://www.teddit.net/r/CryptoCurrency/comments/127sw4r/the_same_month_the_sec_said_coinbase_were/


CRYPTO Is Now A Security: What Does It Mean For You?! | Coin Bureau https://www.youtube.com/watch?v=gpnLjfnZ2qM


REPOST (Dec-15-2022) YAHOO FINANCE - Bank of International Settlements warns of $80 trillion of hidden FX swap debt

https://archive.ph/bmLA2

The Bank for International Settlements (BIS) has warned that pension funds and other 'non-bank' financial firms now have more than $80 trillion of hidden, off-balance sheet dollar debt in the form of FX swaps.

Dubbed the central bank to the world's central banks, the BIS raised the concerns in its latest quarterly report, in which it also said this year's market upheaval had, by and large, been navigated without many major issues.


(Dec-15-2021) WSJ - SEC Floats Rules to Shore Up Money Markets to Stop Investor Runs

https://archive.ph/0GPuk

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▲ 1 ▼
– Khakiclay 1 point 3 years ago +1 / -0

https://en.m.wikipedia.org/wiki/Gavin_Andresen Interestin, right up the road in Amherst is this guy.

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– CoolAsACucumber [S] 3 points 3 years ago +3 / -0

There's nowhere in this link that this guy was involved with MIT in any way...

Just because he lived in Massachusetts doesn't mean he was with MIT... You're gonna have to find some better sources than that.

Also him founding the Bitcoin Foundation doesn't change the fact that the code is open source for you and me to read and audited by many people. If anyone could find a security flaw in Bitcoin, they would've done so with a huge payday... To date the Bitcoin network has not been hacked/decrypted and peoples Bitcoin stolen.

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– Khakiclay 1 point 3 years ago +1 / -0

I've never mentioned a security flaw. The size of the community in crypto in 2009 was nearly zero. Most of these projects came out of investments from DARPA or other big Tech companies, most went into Harvard and mit, just go take a look at early people and their connections, and my worry has to do with when you go down those connection chains there are lots of people like Epstein and Wexler

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– CoolAsACucumber [S] 2 points 3 years ago +2 / -0

Most of these projects came out of investments from DARPA or other big Tech companies, most went into Harvard and mit, just go take a look at early people and their connections

Again you're just blurting random shit out. Point me in a direction to look at. A person to follow, a blog, a YouTube channel, where are your sources coming from? Where are the hard sources that Bitcoin early projects were developed by DARPA money?

In the early days you only had to be on a cipher punks email list and if you figured out how to set up a wallet you got free Bitcoin. When people first started messing around with it 2009-2012 they would randomly give their friends and family free Bitcoin because it was a fun internet money and worthless. If you want me to provide sources for that I have no problem doing so.

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... continue reading thread?
▲ 1 ▼
– Khakiclay 1 point 3 years ago +1 / -0

Several people have done deep dives. Documents show the group who created it. Then it is a guess and conjecture what happens for specific holders. Enough points toward early adoptors and walk tracks through epstein connections and end at ftx to make one wonder about full origin story. Just search or ignore me. XRP people and some silver bugs have covered it.

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▲ 2 ▼
– CoolAsACucumber [S] 2 points 3 years ago +2 / -0

Give a source, Fed.

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– 09re 1 point 3 years ago +1 / -0

I thought some guy named asashi invented Bitcoin.

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– CoolAsACucumber [S] 3 points 3 years ago +3 / -0

Satoshi Nakamoto is the pseudonym

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– Khakiclay 2 points 3 years ago +2 / -0

Group. Not person.

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– changeagent 2 points 3 years ago +2 / -0

If this scenario unfolds in the US, my hope is to be able to use a few gold coins to pay off my mortgage and own my home and property outright.

Because you know that the banksters will never forget about your mortgage.

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– CoolAsACucumber [S] 1 point 3 years ago +1 / -0

That would be very smart anon!

You would still have the same dollar debt as you did before but with your gold coins increasing in value relative to the dollar you could pay off your debt very easily.

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– deleted 1 point 3 years ago +1 / -0
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– CoolAsACucumber [S] 1 point 3 years ago +1 / -0

Food would be relatively the same value when compared to gold, but land and the German mark would lose value tremendously.

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– LibertyOverSecurity 1 point 3 years ago +1 / -0

If gold went to 87 bazillion marks, how much bread could your salary buy? How are people in venezuela today using metals such as fragments of gold necklaces and such to buy fiat to then buy bread?

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