[never traded]

 I have a negative trust rating, despite the fact I have never traded

How is this possible?  It seems like an abuse to me. Also I have no idea who gave me this negative rating; although I suspect that I was given this negative trust rating from psychotic users after I asked for a loan and they accused me(with zero proof) of trying to scam users (which I wasn't and as result of their abuse did not seek a loan anymore) and also I've seen many other newbies attacked when they asked for loans no matter how small or how much collateral they provide.

I find this very unfortunate and as result now I don't really want to use bitcointalk. I have participated alot after I started the account and one topic I started has over 150 replies and over 1000 views.  But I don't want to participate when I have a big smear on my username and one unfairly added.

I hope this is fixed.

Let's say there was anarchy in the united states, there was a civil war, the government collapsed, chaos ensued.  There was also no laws, no rules, no government and no central bank.  Although there is still us dollar there is nothing safe or stable about it.

Do you think bitcoin would do well in anarchy? 

The interest rates that banks use is essentially made up out of thin air, most interest rates are based on LIBOR (which has been known to be manipulated, google scandal) and this is the rate that banks charge one another on private markets to borrow from each other.   Also if you notice another thing is that the fundamental premise of banking is simple right?

Bank takes deposits and then they loan the money based on those deposits; but in reality they will loan far beyond what they get from those deposits and they get that money from the federal reserve and borrow it from other banks.  

Since no one bank(except maybe a local bank or credit union) is totally self-sufficient including large ones, they all borrow from one another and that constant borrowing back and forth as well as enough money to sustain keeps banks solvent.  Wouldn't this mean too that this co-dependence and reliance on inter-bank lending theoretically could mean the entire banking system could collapse?

One of the forms that they do this is called 'commercial paper' and in the 2009 recession commercial paper which is exchanged in huge volumes(billions) it started to default and borrowers couldn't it pay it back and this along with the bank's huge losses from derivatives put the entire system at risk of collapse,hence justification for the nearly trillion dollar bailout.  

Fed



Also little known thing, that the fed loans money to private banks at a lower rate than they pay interest; so banks can borrow money from the fed, then put it back in the fed and earn a profit.  

Also one of the things that you learn in economics is that the fed can engage in quantitative easing and other measures where they print money or literally add zeros to the accounts of major banks and buy the government bonds(mostly traded by banks) therefore profiting banks further.

The federal reserve is supposed to serve the public but the reality is that it's a semi-autonomous bank and most of the regional chapters are all headed by bankers and none of the leaders are elected.  

Also who do you think the biggest owner of government debt((bonds,treasuries) is?  It's not China or any foreign government. It's the federal reserve, they own about 40 % of all u.s debt.


The idea of bitcoin is private ownership, you/your computer is your bank account. But there is no decentralization(with small exception) exchange, what if the crypto world went beyond currency and into banking or some other form of system?  Cryptocurrency can never deliver the full dream of privacy/freedom as long as it has to rely directly or indirectly on the banking system.

1. Speculative/trading/buying coins hoping to get rich.

2. As a medium of exchange, currency to buy stuff just like you would for money.

3. As a means in itself to make money, i.e mining.

Also why did you get into bitcoin?  

1. You were one of the first movers? You thought it was cool, interesting, you were here from the start?
2. Revolutionary ideas that it's going to change the world, banking system, etc.
3. You were just curious and then the more you looked into it, you saw how cool it was and promising(me).
4. Speculation, wanting to get rich.  

Hi,
I know i am a noob so I hope this does not hurt me, I can provide whatever proof or trustworthiness from other sites I am more established at in a PM.

I am looking for a micro loan of .10; I am going to use this as collateral to get a loan on a mainstream bitloan lender. Then to use that to get a bigger one and after that leveraged futures. I am successful in applying a method of trading with leverage used in equity options and futures to bitcoin. 

I would be willing to accept a lower loan too to establish trust and I would like to hopefully establish a relationship with one or more lenders here will who lend to me in the future on a regular basis.

I would also pay higher interest rate around 10 percent(at first anyway) and I would repay the loan within a week, if not days.