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Old 11.30.2016, 04:20 AM   #81
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when I drive im always cashless anyway..picking up hitchhikers and shit.

zero down...what the fuck are you all talking about?!?! im fucking clueless.

you all ramble on about driverless cashless society and I don't know fuck all you guys talking about.

driverless cashless? da fuck you guys on about? society? cashless? da fuck are all yall on about? is it a European thing? da fuck?

what the fuck are you talking about!?!?!?!!? I looked something up about Alabama but, you retard a.d.d. nerds are going have to explain to me what this is all about.
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Old 01.06.2017, 07:22 PM   #82
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Jim Rickards:
"When pigs are going to be slaughtered, they are first herded into pens for the convenience of the slaughterhouse. When savers are going to be slaughtered, they are herded into digital accounts from which there is no escape....."

"....In plain English, this means the “money” in your bank account and the “money” in your purse or wallet would be like two different kinds of currency. There would be an exchange rate between the two, just as there is an exchange rate between dollars and euros. The Fed could set this exchange rate at whatever level it wanted and would not be obligated to “defend” that rate at any particular level."

"What this means is if you go to the bank and withdraw $1,000, the bank might only give you $980 in cash because of the “exchange rate” between your bank account and cash. Or if you deposit $1,000 in cash, the bank might only credit your bank account $980 because of the same “exchange rate” between your cash and the bank account balance. In short, it’s a way to impose negative interest rates on physical cash....."


http://investmentwatchblog.com/ricka...e-war-on-gold/

the relevant pages seem to start around 26, its not light reading,
http://www.censoo.com/wpdm-package/c...cy-zero-bound/

"In principle, the deposit/reserve price of paper currency could
be floated relatively expeditiously, if need be, in a future crisis."
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Old 01.06.2017, 07:37 PM   #83
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Quote:
Originally Posted by tesla69
Jim Rickards:
"When pigs are going to be slaughtered, they are first herded into pens for the convenience of the slaughterhouse. When savers are going to be slaughtered, they are herded into digital accounts from which there is no escape....."

"....In plain English, this means the “money” in your bank account and the “money” in your purse or wallet would be like two different kinds of currency. There would be an exchange rate between the two, just as there is an exchange rate between dollars and euros. The Fed could set this exchange rate at whatever level it wanted and would not be obligated to “defend” that rate at any particular level."

"What this means is if you go to the bank and withdraw $1,000, the bank might only give you $980 in cash because of the “exchange rate” between your bank account and cash. Or if you deposit $1,000 in cash, the bank might only credit your bank account $980 because of the same “exchange rate” between your cash and the bank account balance. In short, it’s a way to impose negative interest rates on physical cash....."


http://investmentwatchblog.com/ricka...e-war-on-gold/
after the abandonment of the gold standard, all money is just numbers on a ledger. "cash" just means liquidity. actual greenbacks can be printed or burned at will and are irrelevant to the status of such accounts.

like, your social security contributions are not bills sitting in some vault. they're just numbers on a ledger.

basically all we have is credits and debits. it's all we've ever had anyway.

printing actual pieces of wood pulp with all sorts of guarantees of legitimacy on it has an actual material cost in excess of the computer systems that keep track of it, so attaching a price to it is not an irrational thing. sorta like charging for the shopping bags you use at the store when you don't bring reusable ones. in santa fe you pay 10c per paper bag and there are no plastic ones.

"would you like your money paper or digital?"
"paper please"
"that'll be 10 cents per bill" (or something)
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Old 01.07.2017, 03:54 PM   #84
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[quote=tesla69]Indiaís decision to make 1,000- and 500-rupee notes worthless is having devastating ripple effects in the Indian economy.../quote]

I think this is a real website, in a release a month before the cash crunch
https://www.usaid.gov/india/press-re...payments-india
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Old 01.07.2017, 03:58 PM   #85
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Quote:
Originally Posted by !@#$%!
after the abandonment of the gold standard, all money is just numbers on a ledger. "cash" just means liquidity. actual greenbacks can be printed or burned at will and are irrelevant to the status of such accounts.

like, your social security contributions are not bills sitting in some vault. they're just numbers on a ledger.

basically all we have is credits and debits. it's all we've ever had anyway.

printing actual pieces of wood pulp with all sorts of guarantees of legitimacy on it has an actual material cost in excess of the computer systems that keep track of it, so attaching a price to it is not an irrational thing. sorta like charging for the shopping bags you use at the store when you don't bring reusable ones. in santa fe you pay 10c per paper bag and there are no plastic ones.

"would you like your money paper or digital?"
"paper please"
"that'll be 10 cents per bill" (or something)

yep

money became digital a long time ago.

the reason we are in such a recession is because we haven't adapted to it enough yet.

the boom will come, but it may take some time
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Old 01.09.2017, 04:07 PM   #86
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Quote:
Originally Posted by dead_battery
yep

money became digital a long time ago.

the reason we are in such a recession is because we haven't adapted to it enough yet.

the boom will come, but it may take some time

and to take things further into clarity-- gold itself as money was always "digital" or "virtual" inasmuch as its monetary value was conferred by its reserve status beyond the actual material use for it (fake teeth, rings, etc).

in other words-- money has always been virtual. the role of money is to be a symbolic means of exchange, not the thing to be exchanged itself. only now its virtual role is more independent of material specie or note. i mean, when paper money was first printed, it was the same outcry. "this paper ain't gold/silver coins". now paper suddenly is "real money"? ha ha ha.

people are still free to barter items though, including gold teeth and sea shells.
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Old 01.09.2017, 06:44 PM   #87
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the experts just don't get it

https://www.theguardian.com/cities/2...shfree-society

"“The beauty of cash is that it’s a direct and simple transaction between all kinds of different people, no matter how rich or poor,” explains financial writer Dominic Frisby"

The beauty of cash is it: 1. is transferable without expense 2. does not require electricity for transfer and 3. the value is directly in the item and held by possessor
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Old 01.09.2017, 07:14 PM   #88
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Quote:
Originally Posted by tesla69
the experts just don't get it

https://www.theguardian.com/cities/2...shfree-society

"“The beauty of cash is that it’s a direct and simple transaction between all kinds of different people, no matter how rich or poor,” explains financial writer Dominic Frisby"

The beauty of cash is it: 1. is transferable without expense 2. does not require electricity for transfer and 3. the value is directly in the item and held by possessor
i like packing paper money and the occasional coin, but refusing to see that there's a cost attached to its printing and management is just being pigheaded. especially as the state no longer has an interest in keeping it around.

let's be honest. the real beauty of paper money is for crime and to avoid taxes.
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Old 01.29.2017, 09:45 AM   #89
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Quote:
Originally Posted by !@#$%!
ilet's be honest. the real beauty of paper money is for crime and to avoid taxes.

maybe for you, but when the banks hold your money, you just lost all your liberty. Will the bank allow you to spend your money in a certain place? Maybe. You will no longer have that decision. The banks will make that for you. Everytime you want something, you will need permission. You've made it apparent to the board you live your life on your knees, so this won't bother you.

This is India right now, and they are going to bring it to Europe next because Europeans seem to be very very stupid when it comes to matters of individual liberty.

https://www.youtube.com/watch?v=cyns-HnJ3dE
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Old 01.29.2017, 10:28 AM   #90
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Quote:
Originally Posted by tesla69
maybe for you, but when the banks hold your money, you just lost all your liberty. Will the bank allow you to spend your money in a certain place? Maybe. You will no longer have that decision. The banks will make that for you. Everytime you want something, you will need permission. You've made it apparent to the board you live your life on your knees, so this won't bother you.

This is India right now, and they are going to bring it to Europe next because Europeans seem to be very very stupid when it comes to matters of individual liberty.

https://www.youtube.com/watch?v=cyns-HnJ3dE
i haven't looked at that video but i'll just address your crackpot signs of dementia here.

one, the banks already hold the money. they in fact create the money. without the backing of our central bank, that grimy dollar you're clutching in your filthy hand is absolutely worthless.

two, i don't have to "ask permission" to buy something that's within the bounds of the law to purchase. even with big woopty items like guns, which are legal in my state, i need a background check but i require no registration. what do you want to buy with your secret cash money? little children? i bet you do.

three, india has a massive problem with corruption, the likes of which you do not know or comprehend or have experienced, never having left your own little ghetto.

the attempt to stamp out small denominations in india is to reduce the amount of bribes you have to hand out to do everything and anything there.

will that end corruption? certainly not. corruption will just move to digital/encrypted/anonymous currencies or some other form of currency-- much like prison cigarettes. but it will make small criminal transactions a little more difficult, and normal life a little easier.

this is an attempt to clean up their country that has nothing to do with your desire to buy little children from that place.

--

there are two issues with cash that we've been discussing for a while, but you're too addled and paranoid to comprehend them in an objective way. i'll repeat them anyway, for reasonable people.

one is the cost of maintaining paper money. adding a tax to that paper issuance and maintenance process is not unjustified if you still want to use paper in a digital age. a tax on paper just reflects the cost of maintaining paper currency. the externality gets internalized. i.e., let those who want paper pay for it instead of getting subsidized by everyone else. a tax on paper allows you in fact to continue using paper rather than having it disappear.

two is the issue of liberty and anonimity. there are already digital currencies that have been enabling anonymous transactions for a while, and if cash ever disappears or is taxed at an uncomfortable rate, such alternatives will just proliferate to fill that niche.

but feel free to ignore what i said and go off on further lunatic rants about a world that's leaving you behind because you're too mentally lazy to learn new things and prefer to entrench yourself in fear.
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Old 01.29.2017, 10:58 AM   #91
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Quote:
Originally Posted by !@#$%!
ibut feel free to ignore what i said and go off on further lunatic rants about a world that's leaving you behind because you're too mentally lazy to learn new things and prefer to entrench yourself in fear.

How much is Soros paying you? I don't even read your immature insults.

All you seem to do is yell and scream at anyone who doesn't follow the Davos path.

Here's the EU report
http://ec.europa.eu/smart-regulation...ictions_en.pdf

and there is no such thing as 'anonymous' digital cash. Its all tracked and monitored and backdoored.

#1 Soros lapdog: !@#$%!
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Old 01.29.2017, 11:18 AM   #92
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Quote:
Originally Posted by tesla69
How much is Soros paying you?

MILLIONS. yes, soros knows me personally. he pays me tons to follow you on the internet. you're THAT special, last messiah.

Quote:
Originally Posted by tesla69
I don't even read your immature insults.


right, because you saying that people live on their knees because they keep money in the bank is real mature

Quote:
Originally Posted by tesla69
All you seem to do is yell and scream at anyone who doesn't follow the Davos path.

all you do is yell at scream at anyone who has a cellphone

Quote:
Originally Posted by tesla69
so not being able to launder money in europe is a problem to you now?

Quote:
Originally Posted by tesla69
and there is no such thing as 'anonymous' digital cash. Its all tracked and monitored and backdoored.

the lizard people told you this, or did you find out about it when you telepathically infiltrated their base?
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Old 01.29.2017, 12:02 PM   #93
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soros is paying me to follow you tesla
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Old 01.29.2017, 12:13 PM   #94
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Quote:
Originally Posted by dead_battery
soros is paying me to follow you tesla
don't tell him about the rest of the covert ops team though

he might start taking real precautions & disconnect from the internet altogether, and never leave the house again
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Old 01.29.2017, 01:42 PM   #95
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he'd be easier to dissappear if he did that.

he's fucked either way.

he thinks im joking
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Old 01.31.2017, 05:41 PM   #96
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Quote:
Originally Posted by !@#$%!
let's be honest. the real beauty of paper money is for crime and to avoid taxes.


let's be honest. the real beauty of digital currency is for crime and total state control.

The Cockrell Hill, TEXAS Police Department lost video evidence and a cache of digital documents after hackers invaded the department’s computer system last month.
The malware...gained access to the department's computer servers after someone clicked on a cloned email made to look like it was sent from a department email address...
Messages generated by the computer virus demanded $4,000 worth of internet currency known as Bitcoin as ransom for the return of the files...

http://www.wfaa.com/news/local/cockr...king/392673232

A county sheriff’s office in Tennessee paid a $500 ransom in bitcoin after it became the victim of a cyberattack this week.
http://www.coindesk.com/ransomware-b...eriffs-office/

Hackers recently took control of a Hollywood hospital's computer network. They demanded 40 bitcoins, worth around US$17,000.
http://www.newshub.co.nz/home/money/...ansomware.html


Mt. Gox, once the dominant exchange for bitcoin trading, on Friday said more than $470 million of the virtual currency vanished from its digital ...Feb 28, 2014 ...
www.wsj.com/.../SB10001424052702303801304579410010379087576
...
MyCoin Exchange Disappears with Up To $387 Million, Reports Claims...Reports are emerging from Hong Kong that local bitcoin exchange MyCoin has shut its doors, taking with it possibly as much as HK$3bn ...
www.coindesk.com/hong-kong-exchange-mycoin-disappears-387m-reports-claim/
Feb 9, 2015

$4.1 Million missing as Chinese bitcoin trading platform GBL vanishes.
www.coindesk.com/4-1m-goes-missing-chinese-bitcoin-trading-platform-gbl-vanishes/ Nov 11, 2013 ...
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Old 01.31.2017, 05:48 PM   #97
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the cypriot government decided to institute a tax overnight and claim any of its citizens money in the bank over a few hundred but people who it leaked to early avoided it by hiding it in bitcoin. so the opposite of total state control. also you dont understand how bitcoin works but you think the state is a supernatural cabal controlling reality itself so you assume its controlling it
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Old 01.31.2017, 05:48 PM   #98
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Quote:
Originally Posted by tesla69
let's be honest. the real beauty of digital currency is for crime and total state control.

The Cockrell Hill, TEXAS Police Department lost video evidence and a cache of digital documents after hackers invaded the departmentís computer system last month.
The malware...gained access to the department's computer servers after someone clicked on a cloned email made to look like it was sent from a department email address...
Messages generated by the computer virus demanded $4,000 worth of internet currency known as Bitcoin as ransom for the return of the files...

http://www.wfaa.com/news/local/cockr...king/392673232

see? bitcoin is anonymous, which is why the criminals asked for it.

for cash there'd have to be a handout and a possible ambush.

i bet you still don't get the whole picture. only the side that corroborates your preconceptions.
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Old 03.23.2017, 09:49 PM   #99
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Thomas Jefferson’s Walk to Remember

On the morning of July 11, 1792, U.S. Secretary of State Thomas Jefferson took a two-block stroll through the streets of Philadelphia, on him $75 worth of his own silver.

The metal in his possession was on its way to the fledgling U.S. Mint, where it would be melted down and turned into 1,500 1792 half dismes: the very first circulating coin of the U.S. government under authority of the federal Mint.
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Old 03.26.2017, 03:46 AM   #100
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