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In most respects, things were much worse in the 1930s and 1940s than they are today. The U.S. government outlawed gold, attempted to impose corporate fascism on the economy, befriended and bailed out Stalin’s Soviet Union, and herded over 100,000 Japanese-American citizens into internment camps. We face a different set of threats today, but also have many advantages. People are much less trusting of government, and advocates of freedom can communicate much more easily with each other.
The real battleground is in the realm of ideas. At present, our public institutions, educational and political, are dominated by left wing ideologists. We need to overcome the domination of this mindset before we can hope to achieve a truly free society. Otherwise, even if we throw the current set of would-be dictators out of power, a new group, equally bad, will take over.
In 1964 the media were only screaming 'wolf' because they were intent on stopping Goldwater
because he appeared to have integrity and respect for the People. The media was lying and
the only danger was that the People might have a defender in office who could have uncovered
and exposed the actual assassins of JFK. The murdering scum couldn't take a chance of that
happening, so the propaganda was Goldwater would cause WW3. (Kind of like the lies of the
media about Trump, when the truth was LBJ and Buydem were the ones who wanted war.)
Today the media are screaming "All is Well! Be Happy, Go Shopping!" and the country is
actually on the verge of default (that will cut buying power of the People by at least 50%.)
The bus out of financial Armageddon has already left the station, but there is a chance to
restore individual liberty instead of serfdom. I don't think that will happen peacefully.
I suspect either 300+ million will be serfs or millions will die in revolution (with no guarantees of
success.)
I'm not trying to be rude, but this is nothing like 1964; we are driving the car off the cliff. The kids are still in the back seat, and no one has a seat belt on. I don’t understand how you could say everything is fine. It’s obvious that it’s not and that we are approaching the end. I find this conversation very interesting as I can’t understand how you can have the opinion that “everything is fine”.
Stronger passwords will evolve along with quantum computing. Quantum-safe cryptography has been around for some time, and is being further refined and strengthened. See:
https://www.ibm.com/topics/quantum-sa...
https://www.monash.edu/news/articles/...
https://www.nist.gov/news-events/news...
https://www.ibm.com/topics/quantum-sa...
https://www.monash.edu/news/articles/...
https://www.nist.gov/news-events/news...
All arguments aside, this is a huge advance in Bitcoin proliferation and acceptance.
Precious metals have stood the test of time.
When we arrive at the point where precious metals are essentially worthless, stick a fork in humanity, we're done.
I did my part presenting what I can, "proof" being not so easy to find these days. I posted two links to password cracking, one specifically for crypto. Perhaps the "respect" for the subject will be more evident should you look at those two, particularly the quantum computers ability to crack the strongest encryption on earth.
Bitcoin is a medium of exchange as is the dollar. It is not a store of wealth since a good EMP could eradicate its value instantly.
Bank deposits aren’t a store of wealth either as we find out when a bank fails. The dollar isn’t a store of wealth either.
Gold isn’t really a store of value in itself either unless you can use it for your own life. It’s value, like with bitcoin lies in what value others see in it
On the other hand, a house that you live in is a store of wealth for your own life and for those you leave it to -assuming government doesn’t
Take it from you
Can you lay out a logical case for your theories, one that identifies the supposed perpetrators, what they plan to do, how they plan to do it, and some actual evidence to back up your theories?
The same sentiments and projections are being used for digital currency. Crypto is just the tool that will be used. The trouble is the control given.
Wuhan was funded, tech shared and released globally. Media, governments, and society in general pushed poison based on the knee jerk hype. Millions have died BECAUSE they allowed it, made it so, fostered the environment.
Do you really think governments could plan out the crossover to digital currency by helping it establish a toehold?
Now combine unfettered AI with the emergence of quantum computers and how long do you think crypto currency passwords, no matter how well encrypted, will last?
Who owns the AI? Who owns the quantum servers? Not you or me?
As suggested before, take advantage of crypto rage, profit off it and jump ship before the hammer falls.
Once we’re are dependent on crypto, rules and conditions will be made and nonconformity will get you cut off.
Bitcoin is open source. The code is out there. If there is a “backdoor”, why wasn't it discovered long ago?
https://www.coindesk.com/learn/open-s...
”Bitcoin is fiat, just like the dollar . . . “
Bitcoin is not fiat. According to http://dictionary.com, "Fiat: an arbitrary decree or pronouncement, especially by a person or group of persons having absolute authority to enforce it."
According to dictionary.com, "Fiat: an arbitrary decree or pronouncement, especially by a person or group of persons having absolute authority to enforce it."
Unlike gold, bitcoin is intangible. So is a degree from a prestigious university, but people are willing to exchange a lot of money (and work) for it, and its value in the marketplace is derived from its recognized usefulness to a sufficiently wide group of people. Same with bitcoin, even though the reason for its usefulness is different.
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