***AUR UP *** When most people are disappointed when the BIG opportunity came

[lphelps]

Same goes with the US dollar. It's a total fucking scam, but you still use it don't you??? Paper money, printed out of thin air with absolutely no backing...

The United States government backs the US Dollar - maybe you heard of them? Hundreds of thousands of merchants take the US dollar.

The confidence in US currency is there NOW. There is very little confidence in any crypto-currency. It doesn't just get confidence overnight. I can't walk outside with bitcoins in my wallet and hope to buy anything - I'm more likely to win the lottery than walk past a 'bitcoins accepted' merchant.

In my wallet right now are US dollars and Canadian dollars. I visit Canada about once a month. I'm extremely confident that when I go back there, my Canadian dollars will be worth roughly the same as when I left last. If I had a merchant who accepted bitcoins, and I kept bitcoins in my wallet, I would have very little confidence in their value the next time I go to that merchant.

Somehow I have a feeling you BELIEVE what you preach - that the US dollar has no backing. I'm very sad for you. I hope you come back to reality some day.

debt backed by debt is not a confidence builder... when the dollar tanks and yes it will in due time, there will be hundreds of millions holding a empty bag..

The Federal Reserve Note which you hold is not backed by the government. It's backed by a private corporation known as the Federal Reserve. Perhaps you should read up on that.

The Federal Reserve is about as part of the US Government as Federal Express is...

[ptopex]

When most people are disappointed when the BIG opportunity came

[ptopex]

 

[ptopex]

upupup!!!!!!!!!!!!

[ptopex]

up

[Cryptor]

I admit that basic idea of auroracoin is intresting, but another rise like we saw week ago is not coming, suprised that value stayed even so high, sadly i was again too late to really benefit from this.
Luckily got some aur before and got my other loses cut with rise of AUR, only prob. Is that i'm running site that needs aur for running so wasnt able to dump all of them when price was at high point

[Omikifuse]

I admit that basic idea of auroracoin is intresting, but another rise like we saw week ago is not coming, suprised that value stayed even so high, sadly i was again too late to really benefit from this.
Luckily got some aur before and got my other loses cut with rise of AUR, only prob. Is that i'm running site that needs aur for running so wasnt able to dump all of them when price was at high point

Auroracoin is interesting, but the pre-mine really got me really worried. I just lost a lot of investment in Panda...

[Bigeyeone]

Same goes with the US dollar. It's a total fucking scam, but you still use it don't you??? Paper money, printed out of thin air with absolutely no backing...

The United States government backs the US Dollar - maybe you heard of them? Hundreds of thousands of merchants take the US dollar.

The confidence in US currency is there NOW. There is very little confidence in any crypto-currency. It doesn't just get confidence overnight. I can't walk outside with bitcoins in my wallet and hope to buy anything - I'm more likely to win the lottery than walk past a 'bitcoins accepted' merchant.

In my wallet right now are US dollars and Canadian dollars. I visit Canada about once a month. I'm extremely confident that when I go back there, my Canadian dollars will be worth roughly the same as when I left last. If I had a merchant who accepted bitcoins, and I kept bitcoins in my wallet, I would have very little confidence in their value the next time I go to that merchant.

Somehow I have a feeling you BELIEVE what you preach - that the US dollar has no backing. I'm very sad for you. I hope you come back to reality some day.

debt backed by debt is not a confidence builder... when the dollar tanks and yes it will in due time, there will be hundreds of millions holding a empty bag..

The Federal Reserve Note which you hold is not backed by the government. It's backed by a private corporation known as the Federal Reserve. Perhaps you should read up on that.

The Federal Reserve is about as part of the US Government as Federal Express is...

Well, if you live in the USA, just refuse to pay your taxes and you will find out the hard way whether the $ is backed by the government or not.

and the federal reserve although owned by the private banks, they operate under government control, the federal reserve act, they basically a contractor for the government, whose chairman is appointed by the US president and is accountable to congress. now compare that to federal express lol.

Maybe you should read up on some stuff.

[CryptoKiller]

Same goes with the US dollar. It's a total fucking scam, but you still use it don't you??? Paper money, printed out of thin air with absolutely no backing...

The United States government backs the US Dollar - maybe you heard of them? Hundreds of thousands of merchants take the US dollar.

The confidence in US currency is there NOW. There is very little confidence in any crypto-currency. It doesn't just get confidence overnight. I can't walk outside with bitcoins in my wallet and hope to buy anything - I'm more likely to win the lottery than walk past a 'bitcoins accepted' merchant.

In my wallet right now are US dollars and Canadian dollars. I visit Canada about once a month. I'm extremely confident that when I go back there, my Canadian dollars will be worth roughly the same as when I left last. If I had a merchant who accepted bitcoins, and I kept bitcoins in my wallet, I would have very little confidence in their value the next time I go to that merchant.

Somehow I have a feeling you BELIEVE what you preach - that the US dollar has no backing. I'm very sad for you. I hope you come back to reality some day.

debt backed by debt is not a confidence builder... when the dollar tanks and yes it will in due time, there will be hundreds of millions holding a empty bag..

The Federal Reserve Note which you hold is not backed by the government. It's backed by a private corporation known as the Federal Reserve. Perhaps you should read up on that.

The Federal Reserve is about as part of the US Government as Federal Express is...

Well, if you live in the USA, just refuse to pay your taxes and you will find out the hard way whether the $ is backed by the government or not.

and the federal reserve although owned by the private banks, they operate under government control, the federal reserve act, they basically a contractor for the government, whose chairman is appointed by the US president and is accountable to congress.

You are so so wrong. The few that own the federal reserve also own the banks...Not the other way around.

http://www.globalresearch.ca/who-owns-the-federal-reserve/10489

[Bigeyeone]

Same goes with the US dollar. It's a total fucking scam, but you still use it don't you??? Paper money, printed out of thin air with absolutely no backing...

The United States government backs the US Dollar - maybe you heard of them? Hundreds of thousands of merchants take the US dollar.

The confidence in US currency is there NOW. There is very little confidence in any crypto-currency. It doesn't just get confidence overnight. I can't walk outside with bitcoins in my wallet and hope to buy anything - I'm more likely to win the lottery than walk past a 'bitcoins accepted' merchant.

In my wallet right now are US dollars and Canadian dollars. I visit Canada about once a month. I'm extremely confident that when I go back there, my Canadian dollars will be worth roughly the same as when I left last. If I had a merchant who accepted bitcoins, and I kept bitcoins in my wallet, I would have very little confidence in their value the next time I go to that merchant.

Somehow I have a feeling you BELIEVE what you preach - that the US dollar has no backing. I'm very sad for you. I hope you come back to reality some day.

debt backed by debt is not a confidence builder... when the dollar tanks and yes it will in due time, there will be hundreds of millions holding a empty bag..

The Federal Reserve Note which you hold is not backed by the government. It's backed by a private corporation known as the Federal Reserve. Perhaps you should read up on that.

The Federal Reserve is about as part of the US Government as Federal Express is...

Well, if you live in the USA, just refuse to pay your taxes and you will find out the hard way whether the $ is backed by the government or not.

and the federal reserve although owned by the private banks, they operate under government control, the federal reserve act, they basically a contractor for the government, whose chairman is appointed by the US president and is accountable to congress.

You are so so wrong. The few that own the federal reserve also own the banks...Not the other way around.

http://www.globalresearch.ca/who-owns-the-federal-reserve/10489

ok just clicked your link and the first thing i read

Who Owns The Federal Reserve?

The Fed is privately owned. Its shareholders are private banks

that is exactly what I said when I said,

and the federal reserve although owned by the private banks .....

and their authority comes from the federal reserve act , the chairman is appointed by the US president and is accountable to congress, those are the facts.

[CryptoKiller]

ok just clicked your link and the first thing i read

Who Owns The Federal Reserve?

The Fed is privately owned. Its shareholders are private banks

that is exactly what I said when I said

So how if its owned by "privately owned banks" does the governemt also somehow own it?

Time to Change the Statute?

According to the Fed’s website, the control Congress has over the Federal Reserve is limited to this:

“[T]he Federal Reserve is subject to oversight by Congress, which periodically reviews its activities and can alter its responsibilities by statute.”

As we know from watching the business news, “oversight” basically means that Congress gets to see the results when it’s over. The Fed periodically reports to Congress, but the Fed doesn’t ask; it tells.

[bbeagle]

debt backed by debt is not a confidence builder... when the dollar tanks and yes it will in due time, there will be hundreds of millions holding a empty bag..

Um, yeah.... right.

If the US dollar collapses, using a bitcoin to spend money will be the least of my concerns. How are the merchants going to pay for the internet connection to take bitcoins? How is anyone going to pay for power? You'll have mass looting and guns will be the currency to buy food not some laughable bitcoin. A chicken will have more buying power than a bitcoin.

[Bigeyeone]

ok just clicked your link and the first thing i read

Who Owns The Federal Reserve?

The Fed is privately owned. Its shareholders are private banks

that is exactly what I said when I said

So how if its owned by "privately owned banks" does the governemt also somehow own it?

Time to Change the Statute?

According to the Fed’s website, the control Congress has over the Federal Reserve is limited to this:

“[T]he Federal Reserve is subject to oversight by Congress, which periodically reviews its activities and can alter its responsibilities by statute.”

As we know from watching the business news, “oversight” basically means that Congress gets to see the results when it’s over. The Fed periodically reports to Congress, but the Fed doesn’t ask; it tells.

https://www.youtube.com/watch?v=a7XV3vS1hAM

Bernanke :

Of course we will do whatever congress tells us to do

[CryptoKiller]

ok just clicked your link and the first thing i read

Who Owns The Federal Reserve?

The Fed is privately owned. Its shareholders are private banks

that is exactly what I said when I said

So how if its owned by "privately owned banks" does the governemt also somehow own it?

Time to Change the Statute?

According to the Fed’s website, the control Congress has over the Federal Reserve is limited to this:

“[T]he Federal Reserve is subject to oversight by Congress, which periodically reviews its activities and can alter its responsibilities by statute.”

As we know from watching the business news, “oversight” basically means that Congress gets to see the results when it’s over. The Fed periodically reports to Congress, but the Fed doesn’t ask; it tells.

https://www.youtube.com/watch?v=a7XV3vS1hAM

Bernanke :

Of course we will do whatever congress tells us to do

hahaha I've got an IPCO to sell you