Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: benjamindees on December 08, 2014, 02:07:06 PM



Title: A Reminder of Why We are Here
Post by: benjamindees on December 08, 2014, 02:07:06 PM

BIS: Dollar Surge Endangers Global Debt Edifice (http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/11278264/Dollar-surge-endangers-global-debt-edifice-warns-BIS.html)

Wall Street Moves to Put Taxpayers on the Hook for Derivatives Trades (http://libertyblitzkrieg.com/2014/12/05/wall-street-moves-to-put-taxpayers-on-the-hook-for-derivatives-trades/)

International bankers have built a literal monument to illegitimate debt.  They use money printed out of thin air to gamble on every aspect of the lives of average people.  Whenever this ridiculous system threatens to crumble under its own weight, they demand those same people bail them out.

The only way to escape this trap is through sound money and financial privacy.  Bitcoin can provide this.  We need to remain focused.


Title: Re: A Reminder of Why We are Here
Post by: zyzzbrah on December 08, 2014, 03:23:05 PM
I don't have much fiat neither got much bitcoin... so I can hold calmly, not much to lose anyway.


Title: Re: A Reminder of Why We are Here
Post by: LiteCoinGuy on December 08, 2014, 04:11:20 PM
I don't have much fiat neither got much bitcoin... so I can hold calmly, not much to lose anyway.

you will lose your job in that scenario. like many people will.


Title: Re: A Reminder of Why We are Here
Post by: Beliathon on December 08, 2014, 04:43:42 PM
I don't have much fiat neither got much bitcoin... so I can hold calmly, not much to lose anyway.

you will lose your job in that scenario. like many people will.
Jobs are endangered species of resource distribution anyway, we'll all lose our jobs to robots soon. Will be interesting to see how capitalism reacts to THAT.