Yes bitcoin literally allows the world's unbanked to plug into the global financial system. Cool beans. This is only a small iota of bitcoin's capabilities to create a fracture in the current status quo.

"Bitcoin's beauty" is not just the pocket money small men are able to earn from Yobit signature campaigns... One day, you will rely heavily on a financial product developed by some Ukrainian teenager... One day, owners of solar panel farms will trade energy back and forth, using the blockchain.

The possibilities are endless.

Maybe the US government will try their hand at the crypto market, and turn the dollar into some new "innovative" altcoin. Maybe they'll be able to host an ICO to help diminish their trillions.... and trillions... aaand trillions worth of external debt

The future is set to be interesting indeed

You deny the fact that in Flint, Michigan people are using bottles of Evian water to bathe in their back gardens because their tap water is unsafe?

You deny the fact that, for years, the WWF foundation and other organisations collected BILLIONS from the united states public - supposedly for "aid" in africa... (yeah right) yet, the federal government of the united states can't even supply each and every home in michigan with a simple osmosis water filter that is quite inexpensive? Inexpensive at least for a country with $123.8 Trillion in "assets."

This isn't adding up.

When people like Peter Schiff say that America is on the brink of economic devastation, everyone pokes fun.
Until someone in Detroit twists that faucet

Everything moves in cycles. France was once the worlds superpower. Egypt... Rome... Britain.... the Mongol empire.... the Moorish empire... the Persian empire...

It's time for things to reset

US treasury notes are the gold standard for toilet paper at the residence of Xi Jinping

"The dollar is the world's reserve currency?" Without using common cliches, could you actually explain what that means exactly?

No one is complaining that there's too few dollars available, like you said, the federal reserve can create as much of it as they want... and this is where your problems stem from.

Muammar Gaddafi died becuase he would rather create his own currency, backed by gold to trade oil amongst allies of Libya. He would rather accept death than the promise of a lifetime supply of US fun tokens, or dollars or whatever...

The united states, world wide, is THE ultimate example of financial stupidity. When you travel out to some other country somewhere and have discussion with the locals, there is no longer any respect for america - at least not from a financial standpoint. China has taken that accolade... Singapore... Belgium... Denmark... the list goes on.

Now when the US is mentioned, it's usually because people feel sorry for you guys and want to band together and deliver some financial aid to Flint, Michigan because your very own government is too broke and financially unsavvy to help you guys out

Since the introduction of the Dollar it's value has only ever plummeted. Forget it's value against other currencies, that is a mere dog and pony show - a rigged one at that. All of these fiat currencies are resetting to their original value of zero. It is literally a scam.

The only reason you'd adopt a fiat currency is if your intent is to scam an entire nation of people of out their wealth. You mention 123.8 Trillion worth of assets. These assets were purchased with the proceeds of their quantitative easing scam. Each time they print money into existence, the pre-existing supply loses value... this is why they INSTANTLY convert these fun tokens into "assets" - yet have zero money to filter that flint water

https://www.cryptocoinsnews.com/wp-content/uploads/2014/09/a-Purchasing-Power-of-U.S.-Dollar.jpg

It's a scam. The same scam that has been perpetrated again and again since the very first fiat currency was created in 1701, in France

Let's back up just a minute.... and sloooow it dooowwn. Let's slow it riiiight down and analyse these words that we say so frequently

By the way, "the man that knows something, knows that he knows nothing at all" im just so inquisitive that everything is a question, at least in my reality.

You say digital currencies are decentralised, and so cannot be controlled? How controllable is cash?  Is cash difficult to control because it is decentralised? No, not exactly, because cash is issued centrally. Yet the government wants to scrap cash entirely, to prevent bank runs.

Denmark is a testing ground for this: http://www.independent.co.uk/news/world/europe/denmark-moves-closer-to-a-cashless-society-10231995.html

Here is the punchline: Denmark also has imposed, NEGATIVE interest rates: http://www.bloomberg.com/quicktake/negative-interest-rates

Negative rates is when savers pay to save.

If cash was prevalent, wouldn't savers simply withdraw all of their cash from the banks and stuff it into some vault somewhere? Of course - hence the coming cashless society, where bank runs are impossible.

There is always a bigger picture to consider

Decentralization doesn't mean something cannot be controlled. I mean, who is making the price per BTC go up and down... no one knows
 

Networth of 123.8trn yet when some old lady that has been paying taxes for 60+ years, yet has zero saved for retirement and no pension plan twists the tap in her kitchen, water from the swamp spits out into her drinking glass?

123.8 Trillion, yet the united states government turns a blind eye and allows the millions of people living in Flint Michigan to bathe in infested, infected and inferior water?

Some people in Flint Michigan haven't even bathed in months because that water is so poisonous that it poses the risk of the future development of cancer due the unsafe amounts of lead it's polluted with.

What are these assets? Assets bought with the proceeds of quantitative easing?

You say the fed has a blank check book... erm yah, in the digital currency industry we call that a premine scam. Infact, this blank checkbook you speak of is the reason why the United States has become a financial laughing stock.

Why is The United States that largest debtor nation in the HISTORY of modern civilisation?

This list shows the largest creditor nations in the world.

https://en.wikipedia.org/wiki/List_of_creditor_nations_by_net_international_investment_position_per_capita

Mauritius, an african nation - a "thrid world nation" is number 11 on that list. China, Singapore, Luxembourg etc all on the list. Where is the US? They're number one on the DEBTORS list.

China is a major creditor of the US. China also has the largest army in the world. Eventually they're going to demand their money with force. And the united states will debase the dollar... and Flint, Michigan will not be the only town where polluted, muddy water spews from the tap

Next electricity outages will run rampant

Third world... The beginning: https://www.youtube.com/watch?v=sw5jH8hlafc

They're quite connected actually https://www.youtube.com/watch?v=AdaZCfD7gT4

Large social media scene.. WhatsApp... etc ...the whole 9

Most people haven't comprehended that most major industries, such as the communications industry, are now simply mobile apps that run over the internet. Smart phone = unrestriced access to the internet and all it's capabilities

The western governments tricked everyone into believing africa was poor. Imagine if you went to a place like Nigeria and built a cement factory in the early 90's. At the rate they are throwing up multi million dollar developments today, you'd be rolling in the dough. The western governments knew this, and you better believe that they have built these types of companies throughout Africa themselves... again, stealing opportunity away from their subjects.

I told you, the US Government doesn't produce any revenue other than what they tax and scam via quantitative easing.

These $2 per month, help for africa charities were actually covert operations so that the US government could begin to pay down their debts

The united states is developing into a full blown third world nation. People in Detroit have muddy water from the sewers spewing into their shower water, and your government is not doing anything to help. Where has all the money gone?

https://www.youtube.com/watch?v=LmrfiPi4H20

Which governments are broke?

Do you have information to substantiate this statement?

Which country is the LARGEST debtor nation in the history of civilisation? The United States, or Zimbabwe?

Let's look at the 'Rankings' of the countries that have the largest 'External' debt. This is Debt owed to foreign creditors: private individuals, nations and corporations.

https://en.wikipedia.org/wiki/List_of_countries_by_external_debt

You'll find That the United States is number one on that list, Zimbabwe is at number 99. BIG difference.

USA owes: 17 Trlllion

Zimbabwe owes: 6.9 Billion

When it comes to broke governments, the US reigns supreme.

The united states government doesn't generate money. The only money it has is the money it taxes and/or scams via government bonds, and steals via quantitative easing

This is why there is hysteria around the coming "crash" of the US Dollar. They are going to have to debase the the living daylights out of the dollar very soon, because they have to pay their debts. The united states government is so financially distraught, that they can't even dig Flint, Michigan out of their water crisis

People in Detroit literally have muddy water coming out of their kitchen and bathroom taps. Now everyone is sending buckets of fresh water there as if it were part of a third world county circa 1970's.

The are fears that the united states, in its entirety, is slowly degenerating into a third world nation

Flint Michigan is just the start.

https://www.youtube.com/watch?v=VpNCUDHVt28

These numbers are hogwash

Don't believe everything you read. There are doctors that have taken flight and moved their entire family to parts of the middle east, africa, india and so on - because they can earn bundles more money via opening their own private practices in countries with less bureaucracy and red tape than the western states

Most corporations and private individuals in these "thrid world" countries don't even report their income so how these GDP numbers are produced is beyond me

It's not like in the US where the IRS has their foot firmly on the necks of the entire population - the governments of these "developing" nations make more money from managing the distribution (fairly, or unfairly) of their natural resources than they do from taxing their populations

So these GDP figures are merely pieces of fiction because there is no single collation of records showing the income of each individual in Zimbabwe or in any other developing nation


Yep, one of the previous mayors of Detroit, Kwame Kilpatrick, was thrown in jail a few years back due to embezzlement and fraud. Mismanagement is an understatement

Detroit is pretty screwed economically actually. It's one sole claim to financial competence is GM... and even they have been bailed out with taxpayer money many times in the past.

Detroit financially is a joke when compared to Zimbabwe. Yes, Zimbabwe's currency is the equivalent of a premine scam - but this weak currency allows foriegn corporations to benefit by paying the people that they employ in Zimbabwe less money. When you convert this into USD, the savings are gargantuan. The gold, nickel, coal, copper, iron ore, chrome ore, and silver mining conglomerates that do a lot of work over there benefit heavily from this, and pay an intense amount of kickbacks to the Zimbabwean government.

Hence why Mugabe is the ONLY dictator from the 80's that is still in power today. He plays ball... the unites states, britain everyone loves this guy.

Unlike Saddam and Gaddaffi who refused to debase their own currencies.

Watch this video of Mugabe in London in 1976, as the BBC pleasantly describes him a Leader of the most active "group of guerrillas", prior to him seizing power. https://www.youtube.com/watch?v=QnGaSbA0aIk Was he funded by the brits? We can speculate on that, he definitely received media promotion from britian - was this part of a larger package of financial support? Who knows.

Zimbabwe is your modern day corporatocracy

But they are only able to be a corporatocracy because they have vital - and valuable - minerals. Detroit has nothing. The united states government doesn't even care about detroit enough to supply them with fresh water

Thanks for confirming

What resources are there that allow us to monitor the amount of transactions being made? Anyone clued up on that?

Do you have evidence of this? Probably not.

He said he was forced to speak out publicly due to his staff and family members being harassed. This is something that all revolutionaries are forced to come to terms with.

The revolutionary himself may be willing to go out all guns blazing... but what about his wife, mother... kids.... employees... ? They didn't sign up to being harassed by the secret service. Having the police force entry into their homes to remove "goods" and so on.

No one knows why he decided to come out

Entertainment isn't real, it's all a show. The television and media in general should be known universally as 'The Reality Machine' because that's it's purpose. To construct, maintain and promote only a specific set of universal perceptions that benefits a specific agenda.

Look at Russia.

All of the media corporations, even the privately owned ones, are dominated by the government.

They script their news casts similar to the way they write and direct movies in hollywood. Ever heard of crisis actors?

Listen to this for a run down and explanation of how your "news" is created: https://www.youtube.com/watch?v=h992YwxLg44

In the 80's and early 90's the entire russian government was usurped by the russian mafia. 19 and 20 year old gangsters were running riot, going on murder spree's, scamming their way into owning BILLION dollar state assets like steel factories, and gas companies - i.e Roman Abramovich and his camp.

Boris Berezovsky, a famous Russian oligarch and mentor to Roman Abramovich - and former owner of the largest media organisation in russia by the way - scammed his way into wealth by scamming $50 Million via creating a joint stock IPO, offering the first "Russian people's car." By subscribing investors would have had a chance to own one of the first cars that rolled off the factory floor........ the factory was never built, Boris ran with the money and later became a powerful member of the Kremlin.

Watch this for a primer on how "real" power is amassed: https://www.youtube.com/watch?v=Q2Cl8lSv9Is

You say the media can be "crappy" yah, tell me about it.
 



There is a lot more to this story than what has been brought to light. I don't think anyone can jump to conclusions without being DIRECTLY involved

I mean, remember that huge KONY 2012 campaign that went on a few years ago that pulled 101 Million views on youtube... Didn't "the media" say that the organizer of that campaign "went crazy...."

Character assassination baby. This is your Democracy
 

Yeah Zimbabwe is very technologically up to date. Actually, there are parts of the US that are potentially more derelict and poverty stricken than the roughest towns in Zimbabwe.

Have look at this video https://www.youtube.com/watch?v=EeiGk3I3WIE

The traffic may be an issue, but you get the sense that their economy is quite mature and developed - perhaps more so than the bankrupt state of Detroit if you were to be a little pedantic

Would bitcoin be a good "option" for Zimbabwe? I don't know... The governments of Canada, Australia, United Kingdom, China, Russia, the United States have all 'publicly' denounced the use of bitcoin in one way or another for their own populations. Despite this, members of their economies still use bitcoin quite heavily.

Rest assured there is already a bustling bitcoin market in Zimbabwe, just like there is in potentially every country in the world.

If you'd click onto the Zimbabwean localbitcoins website: https://localbitcoins.com/country/ZW there are hundreds of OTC bitcoin traders there, that have surpassed 150 BTC in trading volume, which is roughly $68,000 USD. More than the average US citizen earns per annum.

So yes, Bitcoin is a good option... which is probably why they are already using it.

Don't fall for the media spin... As it pertains to natural resources, africa is - bar none - the wealthiest continent on the planet.

Anything above the price of $1,100 will almost entirely be wash trades.... Other than that, market making tactics are employed during each and every rally and subsequent "downtrend" that has ever occurred in this market

Pricewise, Bitcoin is the 2.0 version of each and every financial product, security, commodity wrapped up and bundled into one asset class

Interesting times we're living in

There's nothing complex about signing a message, which is why he wanted to broadcast himself doing just that live so that the BBC can present the code to a global audience, for every one to verify.

Things didn't pan out this way.

He said himself he doesn't care if people believe him or not. He simply wanted to prove that he wasn't a liar... so the BBC sold him a dream, and he fell for it

The fact that they are trying to tarnish this mans reputation only makes it obvious that there is alot more going on behind closed doors that Craig could potentially reveal

I said it before in another post... I won't be surprised if the guy turns up dead due to suicide via two gunshots to the head.

Character assassination requires air time to be sacrificed, they do not do this for no reason

If I were a philosopher i'd ask, "what is a name?"

I mean look at that word... Sur-name. What is that? Why is it necessary for a human being to have a first name, and a surname? Sure, you'd like to separate one person from another. Understandable. But, the queen of england doesn't have a surname... her full name is Elizabeth Alexandra Mary... their family name is Saxe coburg gotha - publicly, Winsdor. There is no Sur-name - at least when you're not a serf of one form or another.

Serfs are trained to cherish the tools of their oppressors. Interesting.

I apologise for the incorrect spelling, never will i mispell a person's sur-name again. Forgive me

Again he signed a message live.. captured by the bbc, who craig assumed to be the most respectable medium to broadcast this revelation with. Obviously not the case. The bbc edited this out of their broadcast in order to properly execute their spin

The guardian picked up the ball and ran with it, publicly calling the man a liar

These are traits of character assassination.

Michael Jackson owned 50% of the recorded music publishing arm of Sony the corporation - Sony/ATV. This is one man, owning 50% of an arm of a multi national conglomerate. There was obviously a good character clause in his contract (an exit strategy for Sony), violation of which would lead to the forced selling of his portion of the company. Hence why his character was publicly assassinated continuously. Still he wouldn't sell. So, "let's try the old drug overdose chestnut."

The media is a powerful tool

I'm just saying, if most people here are opposed to government coercion and abuse, then we should all be a bit wiser than to jump when they tell us to

Look at this broadcast they put out on the Government of the United Kingom's Department of Propaganda. Sorry, i meant to say the BBC - although, since these individuals love acronyms, GUKDP seems more powerful than BBC

https://www.youtube.com/watch?v=5DCAC1j2HTY

Craig obviously went through the process of signing a message to confirm his identity, which was edited out due to the BBC being intent on forcing their sordid agenda onto the masses

I'm not aware of the technicality you speak of. If you can sign a message that proves that you're satoshi, then please do. That'll surely educate me as to the flimsy nature of the underlying code that supports the blockchain. I'd love to see this

I find it strange that human beings stare directly at the "facts" yet their beliefs override blatant evidence. I guess this is why the church is so powerful, and why the Vatican is one of the largest owners of land on a global scale

Interesting quirks in the construct of humanity

I am not a Statist, and I don't knock you for being one.

I don't even knock those that are self professed libertarians and anarchists for unknowingly reverting back to Statisim when their government sponsored patriotism conditioning kicks in. It's difficult to control, I know.

A statist is a man who believes that some men have the right to force, coerce, enslave, rob, and murder others.

The fact that you reference "tax cheats," and "legality" shows that deep down you enjoy being oppressed.

The only tax cheat is the governemnt, because all taxes are illegal. If I were to smash up some local electronics store because they failed to pay me 30% of their yearly income, they'd throw me into a cage for 10 years due to "racketeering." When we do it it's a crime, when they do it - it's due to "legality."

In the purest form of reality 54 Million dollars is nothing.

Dollars are the figment of the imagination of a group of men that created the prison known as the united states of america. The Dollar is nothing except the legacy banking equivalent of a premine scam.

One's and zeros that mean nothing until you attach iconography.

So when you talk about "legal consequences" please be aware that in order for a group of people to attain the power to enforce any such "legal" repercussion... murders must be committed. Mass murders. Entire populations and civilizations wiped out - i.e the indigenous american indians. Wars must be waged in which millions more are murdered. Yet these very same "legal" acts that you mention state that committing but one murder makes you a criminal.

The second king of england had to murder the first one.

So literally, this legal hogwash that you speak of is meaningless. There are no criminals, just human beings.

We all need to re-evaluate our ideologies of what reality is before we can cast judgement on another man. Especially before we cast ill judgement on Craig White, who has made all of us wealthier in one way or another

Transactions have been fast as lightning lately. Faster than they have ever been actually.

Can any of you developer guys out there confirm whether or not scaling has already taken place?

I used to wait several hours for a transfer to confirm on LocalBitcoins. I specifically remember waiting more than 6 hours back in november.

Over the last month or so all of my transactions have been confirming within 10 minutes

Anyone have any insight into this?

Don't worry, when negative interest rates kick in that'll be enough motivation

Caught by whom? Were you there, or did you read that in some article produced by some media conglomerate? The same media conglomerate that dictates which toothpaste you use in the morning, and which brand of salt your mother uses to season your dinner every sunday?

Charles Lee was a lone actor. Craig White is not a lone actor. Edison was not a lone actor, he built GE following the direction of the Morgan Dynasty. The question is, which dynasty is Craig White working for?

I mean, this could all be a marketing ploy to get bitcoin back in front of the masses in preparation for another price manipulation - and with this being "halving year" this is most likely the case. But, who knows - i guess that would be too logical

Personally, it's not that important to me.

I personally respect Craig for creating the blockchain, and I think we should all give him his flowers whilst he is still alive to smell them.

The government isn't opposed to bitcoin at all. Having the wealth of the world concentrated into one digital protocol is the stuff of dreams for social engineers. If they were opposed to bitcoin, it wouldn't take up even an inch of precious air time on their mass indoctrination networks. Bitcoin has been all over the BBC the past few years. BBC is not a commercial organisation, it's literally a department of the british government.

Hence why you can turn on a programme like eastenders and be blasted with an onslaught of depopulation conditioning.

Anyway, we all have our opinions... and there are three sides to every story. Thus far we have only been presented with two sides


Libertarians, anti capitalists and anarchists all claim to hate and be opposed to all forms of government. Yet when one of your own gets one over on this government that you hate, you become a statist all of a sudden

Is this why they force american students to pledge allegiance to "the flag" every morning? That conditioning sticks like double sided tape doesn't it?

You're at liberty to express your opinions. We all are.

Craig signed a brand new message, on camera. The BBC edited this out of their presentation because:

1. the whole world would have been able to verify it by using the code generated by the signed message

2. this would not bring cohesion to the image they'd like to portray of Craig White

Everyone can argue the fact until they're blue in the face.

People want to be pretend forensics "experts" but didn't even know who Craig White was until a few months ago because "they heard it in the media." So rest assured, there is an entire world of information that outsiders are not privy to as it pertains to the genesis of bitcoin

Studying prehistoric transactions on the blockchain will not produce any new information whatsoever

We do not have all the facts, and never will

The only individual capable of presenting us with unknown truths concerning Bitcion is now being made the target of media assasination, and having his credibility destroyed.

The electric car was invented more than 100 years ago, yet this technology has only just been released for public use. Systems to harness wireless electricity were created more than a 100 years ago, yet people are still paying ridiculous prices to remain "on the grid." Technology that allows cars to be powered by water has existed since the 70's, yet here we are lining up like minions at the gas station.

Alls i'm saying is there are powers that have been controlling society for centuries

Families that can trace their linage, unbroken, all the way back to the days of the pharaohs are still in power till this day.

Reality is a construct of human imagination, yet we are all subject to THEIR reality. This is not checkers, or chess. This is quantum physics and these people have mastered this game of projecting which ever reality they choose, and having the masses adjust to it.

Bitcoin came from the top down, not the bottom up. All major changes in society emerge from the top down. The internet, electricity and so on.

Craig will be rooted out of the picture eventually, like all true innovators are. Edison stole most of Nikolai Tesla's work, and because he was bankrolled by the system he is hailed as a hero. Nikolai Tesla died poor and had all his inventions smashed and hidden from the masses.

So whilst Craig is still alive, we should all respect him for what he has done. He is the true rebel that most people here can only WISH they were