A banker can sell a naked paper short of Silver into market, artificially lowering the price of Silver and "increasing" the supply. You can't do that with a Bitcoin. You buy what exists, not what you write down on a ledger. We don't know exactly how much Gold/Silver ounces are above ground. We know exactly all the Bitcoins in existence. If these fuckers try to do a centralized version, people will know and most likely not buy into it.
All they can do is buy up Bitcoins and sell them. If that happens you've pretty much just made a bunch of Libertarians and Crypto-Anarchists rich, and they will take their new wealth and form a new cryptocurrency.
Silver is the only option for Free Republics since the beginning of time and civilization.
When its coinage purity becomes lessened and dilluted you are not living in a free republic anymore. When you you are living in a Gold controlled nation you are trading wood nickels, while pharaoh trades gold.
Some things never change.
Did I mention it kills masons?
Explain to me why a banker can't do what they did with silver and gold and apply that to bitcoins. I agree with buying what exists, but most folks thinks it is probably safer and more convenient and easy to buy the banker guaranteed ETF, or a low fee down future or derivative of the real thing, because that way they can maximize the profit on their 'investment', meanwhile the banker ass rape them...
If given a choice, do you think they would buy Silver coins or Bitcoins?
http://www.mobilemarketingwatch.com/...gh-300x225.jpg
If all things were good and proper, in a free republic we keep real money away from women.
Maybe allow them to carry a few doubloon bells around their ankles, as the height of fashion...http://gold-silver.us/forum/images/smilies/smiley.gif
Attachment 5768
Though there are exceptions to every rule...
Last edited by Horn; 3rd December 2013 at 10:29 AM. Reason: edit to add exceptions
I seriously doubt whether many americans will be even able to keep their lights on let alone along with internet and cellular service
long enough to give e-coins a chance.
The Chinese elite are just gambling with all their useless dollars currently.
Until they open up the streets to them.