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Author Topic: $6 Trillion In Fake US Treasury Bonds Seized In Switzerland  (Read 1541 times)
Matthew N. Wright (OP)
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February 18, 2012, 05:52:34 AM
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I read this and thought "this could have been avoided with Bitcoin" (although it probably would have been "$6 trillian dollars in hacked wallets seized").

http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2012/02/17/bloomberg_articlesLZJARS6JTSE901-LZJMW.DTL

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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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Jon
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February 18, 2012, 06:10:21 AM
 #2

That's just a fraction of the yearly inflation rate. They just don't want anybody cashing-in on their printing press but selected constituents.

The Communists say, equal labour entitles man to equal enjoyment. No, equal labour does not entitle you to it, but equal enjoyment alone entitles you to equal enjoyment. Enjoy, then you are entitled to enjoyment. But, if you have laboured and let the enjoyment be taken from you, then – ‘it serves you right.’ If you take the enjoyment, it is your right.
Matthew N. Wright (OP)
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February 18, 2012, 06:35:45 AM
 #3

That's just a fraction of the yearly inflation rate. They just don't want anybody cashing-in on their printing press but selected constituents.

Yes, those bad bad men keeping people from printing their own money and stealing trillions of dollars from everyone. Why, we should all be allowed to steal from anyone we please.

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February 18, 2012, 06:48:39 AM
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That's just a fraction of the yearly inflation rate. They just don't want anybody cashing-in on their printing press but selected constituents.

Yes, those bad bad men keeping people from printing their own money and stealing trillions of dollars from everyone. Why, we should all be allowed to steal from anyone we please.
The people never owned the money in the first place. Money is based on debt, remember? It's printed by The Federal Reserve and given to the people with a charge of interest.

Most of the debt is owed to The Federal Reserve. The Federal Reserve is owned by various non-governmental organizations including Obama's and Romney's main financial backer Goldman Sachs. So it seems all they stole was fake debt, debt people happen to value.

They didn't deny any people anything. They only manufactured fake obligations.

It's amazing how something without scarcity can be valued, isn't it?


The Communists say, equal labour entitles man to equal enjoyment. No, equal labour does not entitle you to it, but equal enjoyment alone entitles you to equal enjoyment. Enjoy, then you are entitled to enjoyment. But, if you have laboured and let the enjoyment be taken from you, then – ‘it serves you right.’ If you take the enjoyment, it is your right.
Matthew N. Wright (OP)
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February 18, 2012, 06:53:18 AM
 #5

That's just a fraction of the yearly inflation rate. They just don't want anybody cashing-in on their printing press but selected constituents.

Yes, those bad bad men keeping people from printing their own money and stealing trillions of dollars from everyone. Why, we should all be allowed to steal from anyone we please.
The people never owned the money in the first place. Money is based on debt, remember? It's printed by The Federal Reserve and given to the people with a charge of interest.

Please go to a Ripple community and steal some of the debt (and the purchasing power of that debt) and tell them it's not theft because it's "just debt".

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February 18, 2012, 07:12:17 AM
 #6

That's just a fraction of the yearly inflation rate. They just don't want anybody cashing-in on their printing press but selected constituents.

Yes, those bad bad men keeping people from printing their own money and stealing trillions of dollars from everyone. Why, we should all be allowed to steal from anyone we please.
The people never owned the money in the first place. Money is based on debt, remember? It's printed by The Federal Reserve and given to the people with a charge of interest.

Please go to a Ripple community and steal some of the debt (and the purchasing power of that debt) and tell them it's not theft because it's "just debt".

Well, that says a lot about Ripple's future as a currency.

The Communists say, equal labour entitles man to equal enjoyment. No, equal labour does not entitle you to it, but equal enjoyment alone entitles you to equal enjoyment. Enjoy, then you are entitled to enjoyment. But, if you have laboured and let the enjoyment be taken from you, then – ‘it serves you right.’ If you take the enjoyment, it is your right.
Matthew N. Wright (OP)
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February 18, 2012, 07:18:11 AM
 #7

That's just a fraction of the yearly inflation rate. They just don't want anybody cashing-in on their printing press but selected constituents.

Yes, those bad bad men keeping people from printing their own money and stealing trillions of dollars from everyone. Why, we should all be allowed to steal from anyone we please.
The people never owned the money in the first place. Money is based on debt, remember? It's printed by The Federal Reserve and given to the people with a charge of interest.

Please go to a Ripple community and steal some of the debt (and the purchasing power of that debt) and tell them it's not theft because it's "just debt".

Well, that says a lot about Ripple's future as a currency.

Ripple is accounting. What it says is that you once again have no original arguments and keep getting all your information from libertard podcasts. Go back to reddit where they appreciate flakey, baseless, and thoughtless extremism.

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