Bitcoin Forum
December 18, 2017, 04:01:04 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: 2012-07-31 RunToGold - Starving The Vampire Squids  (Read 1010 times)
sunnankar
Legendary
*
Offline Offline

Activity: 1031



View Profile WWW
August 01, 2012, 05:25:14 AM
 #1

From: Starving The Vampire Squids

Quote
Finally, the heroic cypherpunks have provided us with a tool for the transferring of value. No longer do we need to use barbarous relics like Federal Reserve Notes, Euros, Yen, gold, silver, stones, seashells or cigarettes. There is an alternative to the state-issued fiat currencies. Sell the common stocks of governments and buy the common stock of the crypto-anarcho-capitalists. A new nation, with a foundation in math, is rising. A nation where violence is rendered inert because no amount of violence will solve a math problem. Vote with your money!

Often, Lew Rockwell has referred to the Federal Reserve as the heart of the State. This is because of its ability to engage in confiscation through inflation which is a form of taxation without representation. If the Federal Reserve note is the blood, the Federal Reserve is the heart then banks, credit cards and Paypal would be the veins of transferring value.

Bitcoin is a poisoned dart aimed with perfect precision at the heart of the State. Bitcoin is both the blood and the veins thus becoming highly censorship resistant.

The most powerful tool you have to starve the vampire squid is Bitcoin, a decentralized peer-to-peer cryptocurrency. If you really want to cause some serious damage to the State then start using Bitcoin as much as possible. Starve the banks of cash balances, their oxygen, by moving that capital into bitcoins. Starve the credit card companies of their billion in transaction fees. To encourage merchants to accept bitcoins then you can boycott them just like I have boycotted Stratfor for failing to accept Bitcoin.

Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1513569664
Hero Member
*
Offline Offline

Posts: 1513569664

View Profile Personal Message (Offline)

Ignore
1513569664
Reply with quote  #2

1513569664
Report to moderator
1513569664
Hero Member
*
Offline Offline

Posts: 1513569664

View Profile Personal Message (Offline)

Ignore
1513569664
Reply with quote  #2

1513569664
Report to moderator
1513569664
Hero Member
*
Offline Offline

Posts: 1513569664

View Profile Personal Message (Offline)

Ignore
1513569664
Reply with quote  #2

1513569664
Report to moderator
notme
Legendary
*
Offline Offline

Activity: 1848


View Profile
August 01, 2012, 05:43:58 AM
 #2

The date on that is actually November 12, 2009.

Old news is old.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
12jh3odyAAaR2XedPKZNCR4X4sebuotQzN
Dusty
Hero Member
*****
Offline Offline

Activity: 725


Libertas a calumnia


View Profile WWW
August 01, 2012, 06:53:01 AM
 #3

Old news is old.
Right.

Nevertheless, this was a good one Smiley

Articoli bitcoin: Il portico dipinto
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
August 03, 2012, 02:25:23 AM
 #4

Trace,

so where do you now stand on gold as it relates to Bitcoin?  if you had to recommend one or the other to an investor which would it be?
FreeMoney
Legendary
*
Offline Offline

Activity: 1246


Strength in numbers


View Profile WWW
August 03, 2012, 05:06:41 AM
 #5

Quote
Bitcoin is both the blood and the veins.


Nice.

Bitcoin: Freedom, just add brains.

Play Bitcoin Poker at sealswithclubs.eu. We're active and open to everyone.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!