Kitco Erases Evidence of Cartel Silver Raid

[Etlase2]

I agree.
My point is that we will be exchanging one group of rich bastards for a completely new (and mostly unknown) group of rich bastards.
Since the currency is not the actual problem bitcoin will not fix this atomagically.
At least in a inflationary economy the rich bastards are prodded to invest their capital back into the economy. No such thing in bitcoinland.

Saying that something will simply fix itself is the apex of ignorance.
There are reasons for why things are the way they are and if you do not address these issues nothing will get fixed. Bitcoin magic will not help, i'm afraid.

Since everyone else does it when someone says something pro bitcoin...

+1!

The control of money happened prior to its control of government. And it happened with a relatively fixed supply that had nowhere near the lopsided distribution that bitcoin has. It would be folly to assume that the same will not happen again... just because.

[1714927796]

1714927796

[1714927796]

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[mobile4ever]

It is just a transaction of information, no real actual stuff that is tangible is transfered.

Added to that transaction is the work that was done ( mining ) to make it.

[Richy_T]

My point is that we will be exchanging one group of rich bastards for a completely new (and mostly unknown) group of rich bastards.

True. The difference is that when our rich bastards spend their money, they can't simply fire up the presses and print some more.

[c0ffer]

Good time to buy some more silver and hold what you have

Silver prices have been a wild ride over the last year.

[rebuilder]

When talking about BTC, We are trading BTC not paper representing BTC.

Therefore, We trade real assets.

If you're trading BTC on exchanges,  you're trading "on paper".  I'd bet most of the coins on gox don't move off gox wallet much, they just get traded back and forth and people trust gox to actually have the BTC to back their databases. Fast forward a decade or so...

[DryPowder]

The price is gone blow in the near future and the cabal is doomed whit his naked short positions in the SLV market, Buy the dips and go long whit the physical silver.