BITCOIN DRAWBACK CAN BE GREATEST STRENGTHSome have said “There is never enough of BitCoins. True, BitCoins can be divided in ever smaller denominations, so ‘physically’ there will never be a shortage, but it means BitCoin is designed to appreciate for ever and this is the definition of deflation.” That would be correct and having a deflationary money is GREAT. The only ones who like Inflationary money are the BORG, Banks Organized Religion and Government
Cyprus IncreaseWith the recent hullabaloo the country of Cyprus consideration to steal the deposits of the people to fund the central banks, the price of Bitcoins has jumped from $46.82 on March 16th 2013 to $71.96 March 22, 2013. That is a swing of $25.14 in 6 days! I’m not sure what the annualized rate is however it’s a lot! Imagine what the price would have done had the Cypress Parliament actually allowed this theft to occur?
Power to the PeopleAs central Banks and Governments continue to print more and more money out of nothing, this will have the effect of driving the bitcoin price up. This is great for those that have bitcoins and bad for those who do not have bitcoins. What organizations are likely to be the last adopters? The BORG, Banks Organized Religion and Government. My point is: as the government controlled interest backed fiat currency continues to devolve and at the same time the non-government controlled non-interest backed bitcoin fiat currency continue to evolve, those having “dollars” will have less and less money. So lets dream for a moment…each Bitcoin is worth $100,000 and $100,000 buys a loaf of bread. Now you are a member of the BORG and you have a trillion dollars, your illicit power is been greatly reduced and those with the 10,000 bitcoins are going to be in great shape.
Suppose you were an idiot. And suppose you were a member of Congress. But I repeat myself. Mark Twain,
HoardingIn the fine article written by Anthony Migchels, he states that people are likely to hoard the bitcoins. Some may or at least in my opinion they would be silly not to trade with them as much as possible. Most people at least right now have never even HEARD of them. Anyone who knows me, would say I talk to alot of people in the real world. That translates very simply, THE SKY IS THE LIMIT on BitCoins. Let’s put it this way, they can only go down to zero, AND they can go up to ANYTHING. There are only 6 BILLION people in the world and my guess is that most of them would like to be more prosperous. Let’s say each person wants just one BitCoin, instead of their government manipulated debt based currency, do you know what that will do to the price? I don’t know either, my first guess is it would make the value of a BitCoin, like a MILLION DOLLARS! Bitcoins are not food, you can not eat them. They don’t even exist, except in cyberspace! The reason why BitCoins will continue to increase is because people are using them. The more people that use them, the more the price increases. If you don’t use them for anything, what good are they? The more they get used, the more they will be accepted. As I see it you got to get your hands on BitCoins as soon as possible. Dump the Dollar for something the government can’t steal, can’t regulate and can’t control. That will really make ’em mad. And there is NOTHING they can do about it except turn off the internet / start World War 3 and play chicken with humanity. Give me a break, I got news for them, humanity will survive! The BORG won’t. They are valueless, irrelevant parasites. (ask me how I really feel, lol) Then we pump the value of a BitCoin up to a million dollars each. You don’t want to be the one holding the big bag of money when the “dollars” are worthless and or the government has decided to steal them for their Banker masters.
Morpheus: Zion, hear me! It is true, what many of you have heard. The machines have gathered an army and as I speak, that army is drawing nearer to our home. Believe me when I say, we have a difficult time ahead of us. But if we are to be prepared for it, we must first shed our fear of it. I stand here, before you now, truthfully unafraid. Why? Because I believe something you do not? No, I stand here without fear because I remember. I remember that I am here not because of the path that lies before me, but because of the path that lies behind me. I remember that for 8000 years, we have fought the BORG. I remember that for 8000 years, they have sent their armies to tax, and control us, and after a centuries of war, I remember that which matters most… We are still here! Today, let us send a message to that army. Tonight, let us shake this cave. Tonight, let us tremble these halls of earth, steel, and stone, let us be heard from red core to black sky. Tonight, let us make them remember, THIS IS ZION AND WE ARE NOT AFRAID!