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Author Topic: Bitcoins - Trial Run for Cashless Currency  (Read 346 times)
Fuck NWO
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April 25, 2015, 10:28:16 AM
 #1

"Money Scarcity is, together with Usury, the hallmark of Money Power control."

CONCLUSION

"Bitcoin is driven by greed, it's in no way a rational solution to our monetary problems. It's global, scarce, cashless and soon the first banks will provide usurious lending.

The lesson is: as long as we hope to breed money from money, not realizing it's usually our own labor that breeds money for those holding a lot of it, we will be fooled by units like this.

Money must be cheap (interest-free) and plentiful, but stable. Only then can it be a good medium of exchange, allowing the producers of society the benefits of their labor, instead of the providers of capital.

Bitcoin offers none of these features. It has the Money Power's fingerprints all over it."




- See more at: http://henrymakow.com/2014/01/bitcoin-paving-the-way.html#sthash.3Fr0KfIV.dpuf
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pattu1
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April 25, 2015, 10:34:28 AM
 #2

Money must be cheap (interest-free) and plentiful, but stable. Only then can it be a good medium of exchange, allowing the producers of society the benefits of their labor, instead of the providers of capital.

Bitcoin offers none of these features. It has the Money Power's fingerprints all over it."[/b]

Bitcoin is plentiful. Do you know the total amount of Satoshis that can ever be?  Wink
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April 25, 2015, 10:55:27 PM
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Money must be cheap (interest-free) and plentiful, but stable. Only then can it be a good medium of exchange, allowing the producers of society the benefits of their labor, instead of the providers of capital.

Bitcoin offers none of these features. It has the Money Power's fingerprints all over it."[/b]

Bitcoin is plentiful. Do you know the total amount of Satoshis that can ever be?  Wink

Yep, the author of that article seems to be another one of those talking about Bitcoin without bothering to understand its workings first.

I'd give him BTC0.000000000000000001, but I doubt he'd understand the point.

“Dark times lie ahead of us and there will be a time when we must choose between what is easy and what is right.”
“We are only as strong as we are united, as weak as we are divided.”
“It is important to fight and fight again, and keep fighting, for only then can evil be kept at bay, though never quite eradicated.”
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