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Author Topic: Stopped at a small shop yesterday.  (Read 2943 times)
MoonShadow
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December 05, 2010, 10:58:48 PM
 #1

I was at the post office yesterday, and nearby there is a little shop that sells prepaid phone cards and money services, mostly to Mexican immigrants.  I've bought phone cards there before, and went in to talk to the owner about buying bitcoins.  I didn't offer any pitch, just mentioned the website and said that I'd be interested in buying from him if he offered them.  He seemed intrigued, and was on the website before I left the shop.  If there are going to be local businesses selling bitcoins for a decent markup, it's these businesses that profit by helping immigrants in America send money to families abroad.

I don't even know what these places are called.

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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jimbobway
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December 05, 2010, 11:25:44 PM
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Way to go on making an effort.

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ShadowOfHarbringer
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December 08, 2010, 03:08:36 AM
 #3

I was at the post office yesterday, and nearby there is a little shop that sells prepaid phone cards and money services, mostly to Mexican immigrants.  I've bought phone cards there before, and went in to talk to the owner about buying bitcoins.  I didn't offer any pitch, just mentioned the website and said that I'd be interested in buying from him if he offered them.  He seemed intrigued, and was on the website before I left the shop.  If there are going to be local businesses selling bitcoins for a decent markup, it's these businesses that profit by helping immigrants in America send money to families abroad.

I don't even know what these places are called.

Nice, but unless there are bitcoin exchangers in every country, such effort will probably have totally no effect.
People need to exchange bitcoins for their local currency and do it locally, otherwise bitcoin is muich worse than western union or moneygram in terms of money transfers worldwide.

MoonShadow
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December 08, 2010, 05:48:41 AM
 #4

I was at the post office yesterday, and nearby there is a little shop that sells prepaid phone cards and money services, mostly to Mexican immigrants.  I've bought phone cards there before, and went in to talk to the owner about buying bitcoins.  I didn't offer any pitch, just mentioned the website and said that I'd be interested in buying from him if he offered them.  He seemed intrigued, and was on the website before I left the shop.  If there are going to be local businesses selling bitcoins for a decent markup, it's these businesses that profit by helping immigrants in America send money to families abroad.

I don't even know what these places are called.

Nice, but unless there are bitcoin exchangers in every country, such effort will probably have totally no effect.
People need to exchange bitcoins for their local currency and do it locally, otherwise bitcoin is muich worse than western union or moneygram in terms of money transfers worldwide.

I would wager that guys like him have contacts back in the mother country willing to get into the other end of things, and eventually we wont need to convert at all.

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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