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How to explain Bitcoin to a newbie? It's a good exercise. This is one attempt: All transactions are posted publicly and are verified by many different computers. They receive Bitcoins for this service. Only 21 million coins will every be "minted" or "mined". Your "public key" is your...

Now. You need to understand the requirement for categorization by the very few who attempt to rule the world. They categorize. They systematize. They organize people into boxes that are easily predictable. However. That article is the example and the proof their categories are...

Myers-Briggs. jeez.. the INTJs. Doing a good job. Idiots. Now. Any ESFPs around here? I need to talk to those folks.

It is interesting from a money supply point of view: money parked in banks. money required for in-transit promise deliveries. money used for other long term purposes. It turns out. Cash required for in-transit purposes is smaller than the cash required out of fear. I would have thought...

I would not worry about it too much. Unless you are targeted things are as they are. I was targeted. I took most of the heat. We are on the other side of that hill, my friend.

Wow you are arrogant. Omniscient man in a cave. Chem trails? If they add anything to chem trails it is most likely seeding for weather modification. Did you know that dropping silver-based compounds in the atmosphere creates rain?

If you think it is logistically impossible, perhaps there are things you are not aware of. Success is permission-based. A great example is Oprah Winfrey. She was allowed to become a billionaire after she became a known quantity. In the mid-1980s she was an investigative journalist and...

Central banks and those behind them are the only concern. From their perspective, Bitcoin is a challenge to their slavery system. However, the people working at the establishments are so angry with the central banking slavery system that they want to see change.

Banks rely on infrequent withdrawals from savings accounts to manage their reserve requirements. Your answer is to have the IRA funded from a current/demand deposit account.

Not exactly. I am saying that if you are successful it is because you were granted permission to be successful. That could be because you passed the "crook" test or it could be because you are naively oblivious to how your business is used to perpetuate the central banking system and...

Unfortunately, the only way to become "wealthy and powerful" today is through supporting government of more regulation. It is insertion of authority where none belongs. That's the only way to get rich today. The technologists that make it big are either crooks, or naive and allow a 3rd...

If the baby boomers sell their houses to downsize/retirement communities, housing prices should drop further. Also.. the baby boomer phenomenon occurred worldwide. Not just the US. I suppose the younger generation has that to look forward to.

What do you mean by "deflation"? Falling housing prices? IMO, houses are over-priced. Half the buildings in NYC are empty. Both commercial and residential. They rely on marketing new construction or renovation projects to maintain prices.

Is that what they call them around here? I thought it was infant boomers.

I agree. Welfare pays about the same as $10-12/hour. There is no incentive to work. Factor in taxes and laziness and the minimum incentive to get off of welfare becomes about $30/hour. So, how does an uneducated, basic skills person make $60k/year ($30/hour)? A similar situation exists...

The violence is caused by a lack of opportunity to make money in the United States. The result is turf wars everywhere for the grift. As the monetary system is a fraud of grift, the population follows that example. Military thugs are at the top of the food chain. FYI, the only...

Here is my simplistic view: Fed prints money and gives it Treasury. Treasury spends on various contracts. Look here for who is making money. The more T-bonds, the more Wall Street makes. Now. Spending. The recipients of all this money buy houses, land, boats, planes, and toys...

Thinking out loud... A currency provider (aka central bank) who is printing money does not like gold available for transactions, so they raise import prices. That way the population is forced to use their currency. I think it is a nice statement of freedom at the individual level and a...

That is one of their cover stories. What happened to the mutilated cows in the midwest? Aliens? Nope. The guys in the underground bunkers wanted fresh steak and needed a cover story.

In a perfect world, limiting to 21 million coins would be deflationary. IE. people would lower prices. However, in reality, people are not going to lower prices and the velocity of money will dry up. Not enough bitcoins to keep up transactional demand. Then lending will come in, but...