The last century has been a complete catastrophe for money/currency. The criminal banksters won in a stealth move on December 23rd, 1913. Since then, they have managed to create more wars and death than at any point in history. The central banking disease has since spread to almost the entire world. With control of the… Continue reading Central Banking – A Century of Failure
Year: 2013
Bernankoin – The Coin to Save Our Economy – QUANTITATIVE EASING
Such goes the announcement of a new crypto currency on the Bitcoin Talk forums: https://bitcointalk.org/index.php?topic=375010.0 Surely the Bernankoin will supplant Bitcoin as the dominant crypto currency in the world. After all, it is based on the solid fundamentals of the Federal Reserve Bank and the wise policies of Ben Bernanke. Which makes Bernankoins very different… Continue reading Bernankoin – The Coin to Save Our Economy – QUANTITATIVE EASING
Crypto Wallet Backup – A simple, easy, open source wallet.dat backup program
Crypto Wallet Backup is an extremely simple, easy way to back up all your crypto currency wallets. And the source code is available for anyone to look at, add to, modify, or do whatever they want with. Crypto Wallet Backup is designed to be run from a USB memory stick or portable storage, like a… Continue reading Crypto Wallet Backup – A simple, easy, open source wallet.dat backup program
DOGE – An Insanely Fun New Alt Coin
I’ve been having an absolute BLAST with Dogecoins today. It’s a new alt coin (alternative crypto currency) and right from the get-go it barks up a happy storm. The official site is here: http://dogecoin.com/ However, quite often the original Bitcointalk thread is where all the real information is for some crypto currencies: https://bitcointalk.org/index.php?topic=361813.0 The thread… Continue reading DOGE – An Insanely Fun New Alt Coin
Peter Schiff on Gold Fungibility (and Bitcoin)
Something is fungible if only the amount that you have matters, e.g. cars are not fungible because 15% of a car is worthless. Gold and bitcoins are fungible because as long as you have any given amount, e.g. it doesn’t matter if you have 2 units of 1 of gold/bitcoins or 1 unit of 2… Continue reading Peter Schiff on Gold Fungibility (and Bitcoin)
Bitcoin and the Democratisation of the Value of Currency
I have yet to see anyone note a fundamental difference between fiat currencies and bitcoins: that fiat currency supposedly has value through the decree of a government, whereas bitcoins gain their value from the voices of the people. And that these two approaches fall into two categories: centralised control, and decentralised control. The decentralised control… Continue reading Bitcoin and the Democratisation of the Value of Currency
Another Salvo from China in the Currency War
China is backing off it’s USD feast saying that it has had quite enough for now. http://www.bloomberg.com/news/2013-11-20/pboc-says-no-longer-in-china-s-favor-to-boost-record-reserves.html “It’s no longer in China’s favor to accumulate foreign-exchange reserves,” Yi Gang, a deputy governor at the central bank, said in a speech organized by China Economists 50 Forum at Tsinghua University yesterday. With China buying less American debt,… Continue reading Another Salvo from China in the Currency War
Peter Schiff on Gold vs. Bitcoins Misses the Point
Peter Schiff is absolutely one of the smartest guys out there, and I have a lot of respect for him. However, he’s still missing the point about bitcoins and how they have intrinsic value. But first, here’s his most recent video on the topic: Peter is stuck on how gold has intrinsic value through physical… Continue reading Peter Schiff on Gold vs. Bitcoins Misses the Point
Killing Cops is OK. Sometimes.
The topic of violence really sets a lot of people off. Those that love it, get upset when you point out that they participate and endorse it. Those that abhor violence, get testy when the topic of defense comes up. The first of those is easily seen in any discussion of tax with a statist.… Continue reading Killing Cops is OK. Sometimes.
“Legalize Gay Marriage” is the Wrong Question
I often wonder why people ask such idiotic questions or debate such moronic issues, like legalizing gay marriage. The state has no business telling you who you can love or who you can marry. (Let’s assume consenting adults here and not go off on the retarded statist tangent. That actually needs to be said for… Continue reading “Legalize Gay Marriage” is the Wrong Question