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Author Topic: 2012-06-16 Alex Jones Show: Bitcoin Mentioned by Top Survivalist  (Read 1528 times)
check_status (OP)
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June 30, 2012, 04:02:31 PM
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Bitcoin mentioned on Alex Jones by survivalist as a way to help in case of economic collapse, Schweet!
The Impending Economic Collapse with Survivalist James Wesley Rawles
http://www.youtube.com/watch?v=STfEPWB6MJs  Bitcoin mention @ 23:00 minutes

James Wesley Rawles: If their is a 'Banking Holiday' in the US, bank payment processing may be shut down. On line payments, like Pay-pal, will need to touch a bank at some point. The only online payments that will be working will probably be Bitcoin, because it's not tied to any currency. Any one who doesn't already have a Bitcoin account should go ahead and set one up just as a contingency. Because we may very well might see no way to make online transactions outside of the Bitcoin arena.

Alex Jones: How long do you expect them to try to bring this country into cardiac arrest until we acquesce to their financial terrorism?

For Bitcoin to be a true global currency the value of BTC needs always to rise.
If BTC became the global currency & money supply = 100 Trillion then ⊅1.00 BTC = $4,761,904.76.
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June 30, 2012, 05:23:47 PM
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JWR is an awesome guy.

Sounds like Alex glossed right over it. I guess he's making a lot of $ from gold and silver advertisers and doesn't want BTC cutting into his bottom line.

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July 01, 2012, 01:03:40 AM
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JWR is an awesome guy.

Sounds like Alex glossed right over it. I guess he's making a lot of $ from gold and silver advertisers and doesn't want BTC cutting into his bottom line.



Alex probably just does not understand it. If he did then he would be using it as a payment method for many obvious reasons.

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