Sunday, May 19, 2013
Max Keiser - Bitcoin, Bernanke & Buffett | London Real
Max Keiser of Russia Today drops by to explain the genesis and implications of the digital currency Bitcoin, why The Federal Reserve and the banking system should apologise to the people for manipulating interest rates, how Warren Buffett is complicit in the Mexican drug trade by purchasing Wells Fargo, and Max's crazy times in the 1980s as a New York City stockbroker by day and punk-rock party animal by night.
Bitcoin bomb may blow up Banks bondage, hence US attacks
Bitcoin bomb may blow up banks' bondage, hence US attacks'
I was wondering when the fed was going to shut it down. Yeah it's kind of hard to defend against money laundering when the whole point of your currency alternative is anonymity and ease of exchange. It was only a matter of time. Even gold dealers can't exchange large sums of cash without reporting it to the IRS.
The government has a monopoly on currency...one of the worst kind of monopolies any one can have, they have this monopoly because they use coercion and force to keep it. In which case the US government also has yet another monopoly that is detrimental to citizens of any society, a monopoly on force and use of "legitimatized" violence...the US govt is one of the most corrupt monopolistic corporations in the world! They are now flexing their power to keep their monopoly which is threatened by free market forces trying to override government failures...
We need a revolution in this country if for no other reason than to level the playing field. Our money is worthless because of all of the hustles of the banks and our government. We not only need something like Bitcoin, we also need to get rid of the banks and install a new government.
Bitcoin is a new generation's response to wanting to pursue and alternative to what amounts to totalitarianism. Why should the US care? To preserve "Our Integrity" ? The banks are nothing more than a bunch of vampires in brooks brothers suits. Their motto should be “We’d prefer blood but………we’ll take cash.”
I was wondering when the fed was going to shut it down. Yeah it's kind of hard to defend against money laundering when the whole point of your currency alternative is anonymity and ease of exchange. It was only a matter of time. Even gold dealers can't exchange large sums of cash without reporting it to the IRS.
The government has a monopoly on currency...one of the worst kind of monopolies any one can have, they have this monopoly because they use coercion and force to keep it. In which case the US government also has yet another monopoly that is detrimental to citizens of any society, a monopoly on force and use of "legitimatized" violence...the US govt is one of the most corrupt monopolistic corporations in the world! They are now flexing their power to keep their monopoly which is threatened by free market forces trying to override government failures...
We need a revolution in this country if for no other reason than to level the playing field. Our money is worthless because of all of the hustles of the banks and our government. We not only need something like Bitcoin, we also need to get rid of the banks and install a new government.
Bitcoin is a new generation's response to wanting to pursue and alternative to what amounts to totalitarianism. Why should the US care? To preserve "Our Integrity" ? The banks are nothing more than a bunch of vampires in brooks brothers suits. Their motto should be “We’d prefer blood but………we’ll take cash.”
Economic Collapse In America 2013 - 2014
Economic Collapse In America 2013 - 2014
I think the collapse of the dollar is the last best hope this world has of ridding ourselves from the criminal elite based in Washington District of Criminals. We all know this Ponzi scheme will end someday, how exactly, and when is up in the air but it will end. What we will do, will be largely in response to what the rulers do in their attempt to maintain their power and privilege at the expense of people like us. Namely how will they continue to enslave us if we don’t use their currency, don’t do business with their banks and don’t buy their stuff anymore, and most of all stop paying their illegal debts? If a provisional government springs up in an aria of the country and declares all debt based on fiat currency illegal and null en void, what will the rulers do when they can’t rule us economically? If people with no “job” have time instead to grow their own food in yards and vacant lots and devote all of their efforts to providing for themselves and not the “government” what will the “government” do in response? If economies become informal and local, based on value and real wealth, (is this thing useful to me?) how can there be a giant monster of a “government” exploiting everyone for the benefit of a handful of elite in-bred ruling families? I think there can’t. So I wait for the death of the dollar with bated breath. I look forward to it and anticipate it. It is the hope that this murdering monster we know as the American Federal “Government” may at last die its long overdue death.
I think the collapse of the dollar is the last best hope this world has of ridding ourselves from the criminal elite based in Washington District of Criminals. We all know this Ponzi scheme will end someday, how exactly, and when is up in the air but it will end. What we will do, will be largely in response to what the rulers do in their attempt to maintain their power and privilege at the expense of people like us. Namely how will they continue to enslave us if we don’t use their currency, don’t do business with their banks and don’t buy their stuff anymore, and most of all stop paying their illegal debts? If a provisional government springs up in an aria of the country and declares all debt based on fiat currency illegal and null en void, what will the rulers do when they can’t rule us economically? If people with no “job” have time instead to grow their own food in yards and vacant lots and devote all of their efforts to providing for themselves and not the “government” what will the “government” do in response? If economies become informal and local, based on value and real wealth, (is this thing useful to me?) how can there be a giant monster of a “government” exploiting everyone for the benefit of a handful of elite in-bred ruling families? I think there can’t. So I wait for the death of the dollar with bated breath. I look forward to it and anticipate it. It is the hope that this murdering monster we know as the American Federal “Government” may at last die its long overdue death.
NEWS ALERT - N.Korea Launches 4th Missile In Two Days
NEWS ALERT - N.Korea Launches 4th Missile In Two Days
U.S. official says communications show North Korea could be planning to launch a mobile missile. North Korea Statement April 4, 2013 Pyongyang, April 4 (KCNA) -- A spokesman for the National Peace Committee of Korea issued a statement on Thursday. The U.S. is now hurling latest nuclear war hardware into south Korea, pushing the situation on the Korean Peninsula to the brink of a war, the statement said, and went on: Defying public rebuff and criticism at home and abroad, the U.S. sent to south Korea Aegis destroyers John S. McCain and Decatur equipped with interceptor missiles and SBX-1 in the wake of its introduction of nuclear submarine Cheyenne, B-52, B-2A, F-22 under the pretext of the Foal Eagle joint military exercises. Worse still, it said it would send super-large nuclear aircraft carrier to the waters off the Korean Peninsula soon. The sky, land and seas of south Korea are deluged with U.S. latest nuclear war hardware. The U.S. imperialists have pursued ceaseless war moves since their occupation of south Korea, creating a tough-and-go situation several times. But never have they worked so desperately to launch a nuclear war against the DPRK with all type latest nuclear hardware involved as now. This is not a mere threat and blackmail against the DPRK and a demonstration of armed forces but a very dangerous military provocation to unleash a nuclear war on the peninsula at any cost. The U.S. seems to show off its muscle by introducing latest nuclear weapons into south Korea but this would get them nowhere. It is seriously mistaken if it thinks it can frighten the DPRK with such latest weapons. Cutting-edge weapons are not a monopoly of the U.S. and gone are the days never to return when it could invade other countries with nukes as it pleased. The DPRK already declared that it would no longer remain a passive onlooker to the U.S. imperialists' frantic moves to ignite a nuclear war but make every possible effort including a preemptive nuclear strike to defend the dignity of the supreme leadership of the country and the destiny of the nation. If the U.S. imperialists provoke a nuclear war against the DPRK, they will not be able to escape a miserable ruin in face of the powerful precision nuclear strike means of the DPRK. The south Korean puppet regime will not be an exception as it is offering south Korea as the ground for displaying supplicated nuclear weapons and theatre of test nuclear war of the U.S. The U.S. and the south Korean warmongers had better stop their rash actions, deeply aware of the gravity of the prevailing situation.
Is This The END of BITCOIN? ~ U.S. BLOCKS World's Largest BITCOIN Exchange
U.S. BLOCKS World's Largest BITCOIN Exchange - Is This The END of BITCOIN?
More bumps in the road are probably in store for Bitcoin. The virtual currency has seen some massive swings in value over the last several weeks, but that volatility is not likely to end soon, its lead developer suggested on Saturday.
"We've been on a roller coaster ride," said Gavin Andresen, chief scientist at the Bitcoin Foundation, which provides much of the core backend development for the currency.
"I expect for the next few years we're going to remain on a roller coaster ride," he said, speaking in front of a packed room of developers, enthusiasts, venture capitalists and other industry players at Bitcoin 2013, the first conference in Silicon Valley to be held on the topic.
Bitcoin is a digital currency that is managed and traded on a peer-to-peer computer network. Often referred to as a form of "crypto-currency," it is intended to be a decentralized form of payment not regulated by any financial institution or governmental body. A variety of online retailers and a growing number of brick-and-mortar stores are now accepting Bitcoins, which can either be purchased through exchanges on the Internet or "mined" by using specialized hardware.
Hitting some bumps
But the growing attention the currency has experienced has come with numerous setbacks as well, in the form of hacks, the shutdown of various exchanges, seizure of accounts and huge selloffs in Bitcoin.
In March, Bitcoins were trading for roughly US$30. Then for a brief period in April its price on the Tokyo-based exchange Mt. Gox skyrocketed to over $230. A couple of days later, its value plummeted to roughly $120 as a massive sell off forced Mt. Gox to temporarily shut down.
This past week, Mt. Gox received a seizure order of its funds by the Department of Homeland Security, triggered by an alleged failure to comply with U.S. financial regulations.
Despite the challenges, Bitcoin's Andresen is not deterred. "We have to be reliable and resilient," he said. The foundation, which currently just has two full-time staff, is looking to hire a Washington lawyer this year to engage with politicians and to help support the currency's growth.
Hundreds of attendees are at the Bitcoin conference, with roughly 20 exhibitors offering a range of Bitcoin-related products such as digital wallets, specialized trading services, and analytical tools.
"Star power" has even been provided by Tyler and Cameron Winklevoss , the brothers claiming ownership of the idea for Facebook, who delivered the opening keynote on Friday night
Bitcoin supporters promise banking 'revolution'
Some workers are now even being paid with new virtual currency that you can only spend online.
bitcoin system unknown download wallet currency "bitcoin wallet" freedom banks cryption technology transfer cash "goods and services" "bitcoin software" developer "software developer" economy matrix network money dollar euro pounds "central bank" regulation finance paypal "payment system" politics "free speech" safe trust gold silver "gold bullion" "open source" "silver bullion" transaction u.s. "united states" "united kingdom" elite "new world order" threat power censorship underground economy civil liberty human rights federal reserve free market 2013 rt russia today china russia today alex jones infowars david icke gerald celente trends in the news lindsey williams glenn beck
Bitcoin threatens both the financial elite's monopoly over the economy and the online web of payment systems which have been used as a tool to crack down on free speech on the Internet, Amir Taaki, a bitcoin software developer, told RT.
On Wednesday, The US Department of Homeland Security seized a payment processing account belonging to Mt. Gox, the largest international Bitcoin trader over claims the monetary exchange service had falsified financial documents.
The US government has never hidden the fact that it is closely watching the virtual currency, which international regulators have thus far failed to keep a lid on.
But while banks and governments have treated the Bitcoin payment system as an "existential threat" to current financial system, Taaki argues that the virtual currency epitomizes real free trade and is a necessary tool to maximize the benefits of a free and open market.
Amir Taaki: The basic gist of it is, there is this network of people worldwide, and any person that joins the Bitcoin network is responsible for upholding it. The Bitcoin is actually a form of money, like the dollar, euro or pound, but it's virtual currency
More bumps in the road are probably in store for Bitcoin. The virtual currency has seen some massive swings in value over the last several weeks, but that volatility is not likely to end soon, its lead developer suggested on Saturday.
"We've been on a roller coaster ride," said Gavin Andresen, chief scientist at the Bitcoin Foundation, which provides much of the core backend development for the currency.
"I expect for the next few years we're going to remain on a roller coaster ride," he said, speaking in front of a packed room of developers, enthusiasts, venture capitalists and other industry players at Bitcoin 2013, the first conference in Silicon Valley to be held on the topic.
Bitcoin is a digital currency that is managed and traded on a peer-to-peer computer network. Often referred to as a form of "crypto-currency," it is intended to be a decentralized form of payment not regulated by any financial institution or governmental body. A variety of online retailers and a growing number of brick-and-mortar stores are now accepting Bitcoins, which can either be purchased through exchanges on the Internet or "mined" by using specialized hardware.
Hitting some bumps
But the growing attention the currency has experienced has come with numerous setbacks as well, in the form of hacks, the shutdown of various exchanges, seizure of accounts and huge selloffs in Bitcoin.
In March, Bitcoins were trading for roughly US$30. Then for a brief period in April its price on the Tokyo-based exchange Mt. Gox skyrocketed to over $230. A couple of days later, its value plummeted to roughly $120 as a massive sell off forced Mt. Gox to temporarily shut down.
This past week, Mt. Gox received a seizure order of its funds by the Department of Homeland Security, triggered by an alleged failure to comply with U.S. financial regulations.
Despite the challenges, Bitcoin's Andresen is not deterred. "We have to be reliable and resilient," he said. The foundation, which currently just has two full-time staff, is looking to hire a Washington lawyer this year to engage with politicians and to help support the currency's growth.
Hundreds of attendees are at the Bitcoin conference, with roughly 20 exhibitors offering a range of Bitcoin-related products such as digital wallets, specialized trading services, and analytical tools.
"Star power" has even been provided by Tyler and Cameron Winklevoss , the brothers claiming ownership of the idea for Facebook, who delivered the opening keynote on Friday night
Bitcoin supporters promise banking 'revolution'
Some workers are now even being paid with new virtual currency that you can only spend online.
bitcoin system unknown download wallet currency "bitcoin wallet" freedom banks cryption technology transfer cash "goods and services" "bitcoin software" developer "software developer" economy matrix network money dollar euro pounds "central bank" regulation finance paypal "payment system" politics "free speech" safe trust gold silver "gold bullion" "open source" "silver bullion" transaction u.s. "united states" "united kingdom" elite "new world order" threat power censorship underground economy civil liberty human rights federal reserve free market 2013 rt russia today china russia today alex jones infowars david icke gerald celente trends in the news lindsey williams glenn beck
Bitcoin threatens both the financial elite's monopoly over the economy and the online web of payment systems which have been used as a tool to crack down on free speech on the Internet, Amir Taaki, a bitcoin software developer, told RT.
On Wednesday, The US Department of Homeland Security seized a payment processing account belonging to Mt. Gox, the largest international Bitcoin trader over claims the monetary exchange service had falsified financial documents.
The US government has never hidden the fact that it is closely watching the virtual currency, which international regulators have thus far failed to keep a lid on.
But while banks and governments have treated the Bitcoin payment system as an "existential threat" to current financial system, Taaki argues that the virtual currency epitomizes real free trade and is a necessary tool to maximize the benefits of a free and open market.
Amir Taaki: The basic gist of it is, there is this network of people worldwide, and any person that joins the Bitcoin network is responsible for upholding it. The Bitcoin is actually a form of money, like the dollar, euro or pound, but it's virtual currency
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