#Login Register


  • 4 Vote(s) - 4.5 Average
Home 


Goldman Sachs invests in bitcoin company
05-08-2015, 03:29 AM #31
SpiritMasonChazz Member
Posts:975 Threads:102 Joined:Jun 2014
(05-07-2015, 09:55 PM)CmdrDraco Wrote:  
(05-07-2015, 09:09 PM)SpiritMasonChazz Wrote:  Bitcoin will crash to 0 again what comes around goes around.
The coming USA civil war will be about putting a Silver Gold slandered back in place. Euro my buy into this online money digit trash but not the American dollar revolution reboot we will not accept more corporate wall street money games after the soon to come dollar crash .

Hello SpiritMasonChazz!

What kind of financial system would you be willing to accept after the soon to come dollar crash?

Richard zio Jew Nixon said fiat was to only be temporary. Silver backed paper is due back. Audit the federal reserve backed by silver at 200.00 dollars per ounce
05-08-2015, 04:56 AM #32
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,286 Threads:1,438 Joined:Feb 2011
(05-07-2015, 07:48 PM)CmdrDraco Wrote:  
(05-07-2015, 07:40 PM)Accidental Stoner Wrote:  So..the world is trying to turn me into a nerd.

gaah.gif

It has probably already happened, good luck getting laid without a computer in 2015 chuckle.gif
(last time I visited a nightclub a lady asked me if I use Facebook)
lol.gif
(05-07-2015, 07:48 PM)CmdrDraco Wrote:  To be quite honest even among nerds bitcoin is still considered quite nerdy, so it's not as bad as it might seem in this thread, and it's a lightyear away from being mainstream.
Yeah, most don't get it at all. It's apparently a tad too challenging for some to get their head around the process, akin to computers in the 70's when the question was often asked, what the hell are you supposed to do with it?

wonder.gif
05-08-2015, 02:11 PM #33
CmdrDraco Member
Posts:94 Threads:10 Joined:May 2015
(05-08-2015, 03:29 AM)SpiritMasonChazz Wrote:  Richard zio Jew Nixon said fiat was to only be temporary. Silver backed paper is due back. Audit the federal reserve backed by silver at 200.00 dollars per ounce

I have to agree with you on the silver price there. In the kind of scenario you described I have seen less conservative estimates by an another order of magnitude for the maximum upside of the silver price. This is physical sliver I am talking about, not paper silver.

But why do you want paper? And why do you want the FED? If you would just use physical silver coins you could get rid of both paper and FED and you could do that like today without inventing anything new.
05-08-2015, 02:19 PM #34
Jr nli Incognito Anonymous
 
I'm surprised at how many here don't have bank accounts at all and just use cash.
05-08-2015, 03:01 PM #35
CmdrDraco Member
Posts:94 Threads:10 Joined:May 2015
It's cool that people use cash, but sometimes you would like to send money all around the planet...

Maybe you could do them all a big favour over there and invent BANK ACCOUNT NUMBERS*? chuckle.gif

I mean having a US bank account must feel like having a cell phone without a SIM-card or like having an email inbox but no email-address...???



--------
*) A bank account number is a number that you can give like to people you don't know and they can put money on your account.
05-08-2015, 04:01 PM #36
Shadow Mrs. Buckwheat
Posts:12,782 Threads:1,182 Joined:Feb 2011
(05-08-2015, 03:29 AM)SpiritMasonChazz Wrote:  Silver backed paper is due back. Audit the federal reserve backed by silver at 200.00 dollars per ounce

iagree.gif silver backed currency would be best, gold is impossible I'd think, it would have to be priced at ~ $50k per ounce with the amount of fiat in circulation. Morgan Chase bought 50 million ounces in April and took delivery!blink.gif what do they know?
Paper is a convenient medium of exchange but worthless if not backed by a tangible.
05-08-2015, 07:07 PM #37
CmdrDraco Member
Posts:94 Threads:10 Joined:May 2015
I am personally a big fan of coins nowadays. chuckle.gif

A regular coin is the most versatile exchange medium you can find,

A coin can be used off-the-grid to transfer:
- FIAT (USD, EUR, AUD...whatever)
- PM:s (Gold, Silver...)
- Cryptos (Casascius, Denarium)

Paper can not handle PM:s without having a trusted third party involved which becomes a centralized system that might allow corruption an stuff.
Upside with paper is of course that it's convenient but I would rather carry the extra weight of silver than have a corrupted system.

Off-line transactions with physical cryptocoins are nice, they can then be taken online any time and sent instantly to the other side of the world without any third parties like banks involved.
05-08-2015, 08:07 PM #38
Octo Mother Superior
Posts:42,618 Threads:1,469 Joined:Feb 2011
You should take a bag of coins to the bank and ask for a wire transfer chuckle.gif
05-08-2015, 08:18 PM #39
CmdrDraco Member
Posts:94 Threads:10 Joined:May 2015
Oh I know what it is now chuckle.gif

I googled it.

It's when you transfer money to somebodys account with your nätbank that's called a wire transfer.

We just don't have the progress bar like in the movies...

Wikipedia:
US wire transfers can be costly, for example, as of November 2011 the Bank Of America charged $25 to send a wire and $12 to receive one within the U.S. For international transfer, it charged $35–$45 outgoing, $16 incoming.[7] However, fees may vary from bank to bank. Credit Unions charge a little less. For example, Delta Community Credit Union has an outgoing fee of $15 for domestic wires, and varying fees for international wires. However, they do not have an incoming wire fee.
05-08-2015, 08:34 PM #40
Octo Mother Superior
Posts:42,618 Threads:1,469 Joined:Feb 2011
Sweet Jesus, that's some costly wires 13.gif
failboat Show this Post
05-09-2015, 11:02 AM #41
failboat Incognito Anonymous
 
(05-08-2015, 02:19 PM)Jr nli Wrote:  I'm surprised at how many here don't have bank accounts at all and just use cash.

do you mean here on the message board or in the united states? 13.gif
05-09-2015, 12:59 PM #42
Octo Mother Superior
Posts:42,618 Threads:1,469 Joined:Feb 2011
I think he meant the US 13.gif



Home 




 



DISCLAIMER / Terms of Service (TOS):
Kritterbox.com - Socialize anonymously, commentary, discussion, oddities, technology, music and more!  This website is provided "as is" without warranty of any kind, either expressed or implied. kritterbox.com shall not be liable for any damages whatsoever, including, without limitation, those resulting from loss of use, data or profits, whether or not advised of the possibility of damage, and on any theory of liability, arising out of or in connection with the use or performance of this site or other documents which are referenced by or linked to this site.
This website exists solely for the purposes of exchange of information, communication and general entertainment. Opinions from posters are in no way endorsed by kritterbox.com. All posts on this website are the opinion of the authors and are not to be taken as statements of fact on behalf of kritterbox.com. This site may contain coarse language or other material that kritterbox.com is in no way responsible for. Material deemed to be offensive or pornographic at the discretion of kritterbox.com shall be removed. kritterbox.com reserves the right to modify, or remove posts and user accounts on this website at our discretion. kritterbox.com disclaims all liability for damages incurred directly or indirectly as a result of any material on this website. Fictitious posts and any similarity to any person living or dead is coincidental.
All users shall limit the insertion of any and all copyrighted material to portions of the article that are relevant to the point being made, with no more than 50%, and preferably less of the original source material. A link shall be visible in text format, embedded directly to the original source material without exception.
No third party links, i.e. blogs or forums will be accepted under any circumstances, and will be edited by staff in order to reflect the original source of copyrighted material, or be removed at the sole discretion of kritterbox.com.
Fair Use Notice:
This site may contain copyrighted material the use of which has not always been specifically authorized by the copyright owner. Users may make such material available in an effort to advance awareness and understanding of issues relating to economics, individual rights, international affairs, liberty, science, and technology. This constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C.Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for educational and/or research purposes.
This Disclaimer is subject to change at any time at our discretion.
Copyright © 2011 - 2017 kritterbox.com