Bitcoin Isn’t The Bubble – The Global Financial System Is

Pretty much every article you read about bitcoin in the mainstream press ends up in the same place. You may not hear it until the seventh or eighth paragraph, but eventually you’ll be told that the whole thing is nothing more than a modern day “tulip bubble.” The more creative types will also throw around the South Sea or Mississippi Bubble. You get the point. The consensus among the very smart experts is unanimous: bitcoin is clearly and indisputably a gigantic bubble that’s set to burst. I’ve been hearing this since the early days of getting involved in the space back in 2012. But I’m not convinced. For one thing, bubbles don’t do what bitcoin has done since its inception in 2009. During my 10-year tenure on Wall Street, I saw several bubbles grow and then burst, and one thing you learn is that an actual bubble rises like […] Read More

Elite Globalists Will Engineer Financial Collapse And Blame Bitcoin

By Mac Slavo Every single financial collapse has been engineered by elitists and governments as a method of gaining the public’s support for more control over their money supply. Now one YouTuber has the guts to say it and boldly declares that those same globalists will blame bitcoin for a biblical level financial collapse. The Dollar Vigilante YouTube channel isn’t walking on eggshells in their video titled “The Globalist Plan To Blame Bitcoin For Biblical Level Collapse.” The video starts off with a harsh dose of reality that many won’t like: They won’t teach you in your government schools but every major economic and financial collapse is planned. It doesn’t happen by accident. Jeff Berwick, The Dollar Vigilante [embedded content] Berwick doesn’t mince words later either, and he says that the government and other globalists already have plans to collapse the economy and blame Bitcoin. Mike Adams, the Health Ranger has also stated […] Read More

“Better Than Paper Money”: 7 Things You Need To Have When the Economy Collapses

This article was written and originally published by Activist Post. Editor’s Comment: These are the basics you should have covered. Many of the widespread, system wide scenarios involve a financial system that is crippled or inoperable for a period of time (as seen in Greece). There, cash is much better than non-working digital payments and assets locked behind institutions you can’t access. But money won’t buy things if there is no commerce, no stores and no one to do business with. On the other hand, these supplies will not only keep you and yours going for quite a while when the SHTF, they will also make good barter items in the underground economy. These 7 Things Are Better Than Paper Money in the Bank When the Economy Collapses by Activist Post So you’ve done the hard work of getting your finances in order and now you’re looking to invest […] Read More

An Important Federal Bitcoin Decision Happened Today

By Luke Rudkowski Luke Rudkowski covers the sentencing of Charlie Shrem, a well known bitcoin entrepreneur who received two years in federal prison because his company BitInstant sold bitcoins to a user who then sold them to Silk Road users. Apparently this is considered money laundering in the Bitcoin world. Rudkowski explains why this precedent-setting case is so important. Visit WeAreChange.org Related articles A Major Development In The Vaccine Autism Link Exposes The CDC’s Cover Up 2005: Plum Island, Lyme Disease And Operation Paperclip – A Deadly Triangle

Happy Birthday Paper Money: 353 Years Of Wanton Destruction

Submitted by Simon Black of Sovereign Man blog, If you ever find yourself vacationing in the western Pacific, I highly recommend swinging by Yap Island, home of one of the most bizarre forms of money in history. Over a thousand years ago, natives would mine enormous chunks of limestone and carve them into gigantic circular discs. I’m talking REALLY big… a typical disc would be 5 to 10 feet in diameter, over a foot thick, and weigh several tons. They called them ‘Rai Stones’, and they were actually used as currency. Curiously, an indiviaul rai would be valued not based on its weight or size, but based on its story. If many people had been killed transporting it, or if the stone had once belonged to a famous warrior, the rai would be worth more. So it was a bit of a collectible as well as a form of […] Read More

Hacker Invoices DoJ For Prison Time; Refuses To Accept U.S. Dollars

Submitted by Mike Krieger of Liberty Blitzkrieg blog, Thus I was taken from Arkansas, the nicest place I ever lived, and brought to Newark, New Jersey, a place worse than any of the many third world countries I have visited. I was held under bail conditions where the government refused to allow me to work in my industry, told me where I could live (I was not allowed to return to my birthplace of Arkansas where I lived at no expense, and instead forced to pay rent in New Jersey), and was subject to the indignity and expense of regular mandatory travel to the Newark courthouse to urinate in front of a federal employee. I was told where I could travel, and where and how I could sleep. My time and life was completely monopolized by the federal government during this period, again based off false statements from a […] Read More

Payment Processors, Patents and a Dollop of Healthy Paranoia

Coindesk asks “Do Patent Filings from eBay and Western Union Pose a Threat to Bitcoin?” I feel  the question is in and of itself missing the point. To explain this fully, I have to share a little bit about myself, particularly my weaknesses. I’m the type of person who is very knowledgeable about his strengths and his weaknesses, but sometimes I don’t see my strength for what it is, and that is tantamount to a weakness in a highly competitive environment. Case in point, in discussing whether or not competing patents have been filed for smart contract transacion processes by those who seek to be in my space with my contract engineer (a very skilled software architect and IP attorney), I displayed what I considered a healthy level of paranoid concern. I found it hard to believe that no one bothered to patent the most innovative, disruptive and groundbreaking aspect of […] Read More

The News Industry Isn’t Dead… But Has 1 Foot In The Grave

Journalism and investment research have a lot in common, notes ConvergEx’s Nick Colas; after all, both essentially ask the customer to freely part with three scarce resources: time, attention and money. It’s been a tough decade or two for both the newsroom and the research department in that effort, but at least one prominent venture capitalist, Marc Andreessen, thinks there is a future for the news business, however, due to a rising middle class in emerging markets and mobile Internet distribution. While this audience may not (yet/ever) be hankering to read Buy-Sell-Hold reports on their smartphones, Andreessen’s recently published 8-fold strategy for journalism has lessons for investment research as well. The big takeaway: sell-side research needs to change a lot – and quickly – to survive as anything more than an advertising vehicle for brokerage firms. Via ConvergEx’s Nick Colas, Early on in my sell-side brokerage career – this […] Read More

2014: Why Bitcoin is Important

By: Chris Tell at http://capitalistexploits.at/ “Bitcoin is the anti currency”; “Bitcoin, the currency of the future”; the “currency of the resistance”; “Bitcoin is a Fad”; “Bitcoin is a fraud”; “Bitcoin is a currency for drug dealers,  kiddy fiddlers and terrorists.” These are some of the opinions I’ve heard thrown around when discussing Bitcoin. I have no particularly original insights into Bitcoin, and I won’t pretend to understand the technology behind it. I can barely understand how my coffee machine makes such great coffee. This is the complexity of the world. Firstly, let me say that we think Bitcoin is “cool”. I love disruptive technologies. 5000 years ago shipping changed the world. I discussed this in depth in an article entitled Predicting Prosperity. I alluded to the “Guano age” of the 1800’s which was destroyed by the advent of nitrate-based fertilizers. The Internet, at least, the Internet that most of us […] Read More