Matt Damon has to science the shit out of Crypto.com...

[Overnight]

OMG!!! That is highway robbery!! I can't believe nobody challenged the president like today and declared it unconstitutional as it is directly against the freedom of speech and a direct violation of the rights to private property ownership. Those gold are private property. The government has no right to seize them just because it didn't know how to manage its money and pay up its debt. No federal judge declared those executive orders unconstitutional like what they did to many of Trump's executive orders?? Nobody revolted or protestedexcept the few court cases back then? Everybody just sheepishly turned over their gold to the government in turn for toilet paper?? If I were a gold owner back then, I would be guarding them with my dear life! Do the government how much gold you have in your possession aside from the ones that you store in a bank safety deposit box? I mean do you have to register yourself or present your ID when you buy gold back then like when you buy BTC today on an exchange?

Beware when the US government introduces its own digital currency or digital dollar like what the CCP did with the digital yuan.

1933, dude. Read up on economic history. This is before the Internet and TikTok and Twitter. Hell, in 1933, there were still horse and carriage in city streets.

Much of the rural areas of the country did not have electricity. You know how during a blackout you have to light candles at night to see around your house?

That was everyday life back then.

Not sure what I am on about with this, other than that you don't understand how to use a rotary telephone. I mean, how can you text on it?

Here's you.

So please STFU about why you do not understand how the fack the pre WW-II fiscal and monetary policy worked. You're too young to understand the concepts.

 

[TheDawn]

1933, dude. Read up on economic history. This is before the Internet and TikTok and Twitter. Hell, in 1933, there were still horse and carriage in city streets.

Much of the rural areas of the country did not have electricity. You know how during a blackout you have to light candles at night to see around your house?

That was everyday life back then.

Not sure what I am on about with this, other than that you don't understand how to use a rotary telephone. I mean, how can you text on it?

Here's you.

So please STFU about why you do not understand how the fack the pre WW-II fiscal and monetary policy worked. You're too young to understand the concepts.

Well you obviously don't know about standing up for your rights and protecting the freedom that's guaranteed to you under the constitution. Yeah That has nothing to do with electricity or not having it or technology. Not sure what you are on about this? Yeah because one thing has nothing to do with another. People still fought for their rights and freedom back then regardless of the existence of technology or electricity. Ever heard about the concept of filibusters?

Just surprised that people would let the government walk all over them on this and let them take away their property like that. Roosevelt must've done a number on them brainwashing them to give up their gold without fighting.

 

[Overnight]

...
Just surprised that people would let the government walk all over them on this and let them take away their property like that. Roosevelt must've done a number on them brainwashing them to give up their gold without fighting.

1933, man. Can you possibly fathom what life was like back then? Man?

Dude, seriously.

Just 15 years out of a world war, the economy is in the toilet, Great depression, Volstead act, etc etc.

 

[nitrene]

If you didn't like FDR seizing gold, then you're not going to like his seizing of property from Japanese Americans in California -- Safeway was a direct beneficiary of their thievery.

I believe both of those were deemed unconstitutional by the Supreme Court in the 1950s and overturned.

Economic history is not necessary for trading but it is a good look into the dark side of politicians when their backs are against the wall. Look at how desperate the current administration is distracting the public with their "look the Russians did it!" There was even a movie about it -- Wag The Dog.

 

[savoir]

If you didn't like FDR seizing gold, then you're not going to like his seizing of property from Japanese Americans in California -- Safeway was a direct beneficiary of their thievery.

I believe both of those were deemed unconstitutional by the Supreme Court in the 1950s and overturned.
***

Korematsu v United States was the US Supreme Court case that upheld the forced removal of Japanese-Americans from the West Coast. I’m sure it is required reading in every law school’s Con Law course as it was in my day.

Every generation after WW2 harshly criticizes the decision. But right after Pearl Harbor, there was a lot of fear that the Japs would attack the lightly defended West Coast of the United States. Before the Midway invasion was confirmed, there was even speculation that California was the target.

Most all Japanese-Americans were law abiding. But it is a historical fact that there were spies operating within the large J-A communities in California and Hawaii. War is hell. It produces a lot of innocent casualties.

 

[TheDawn]

If you didn't like FDR seizing gold, then you're not going to like his seizing of property from Japanese Americans in California -- Safeway was a direct beneficiary of their thievery.

I believe both of those were deemed unconstitutional by the Supreme Court in the 1950s and overturned.

Economic history is not necessary for trading but it is a good look into the dark side of politicians when their backs are against the wall. Look at how desperate the current administration is distracting the public with their "look the Russians did it!" There was even a movie about it -- Wag The Dog.

Can't believe it took them 20 years to recognize that confiscating people's private property is illegal and let alone racially based. With the US' contemplation of implementation of the digital dollar, it's "seizing the gold" all over again. What are they going to do next? Seizing all the yachts of all the rich people? Oh wait, they already did that...

 

[TheDawn]

Korematsu v United States was the US Supreme Court case that upheld the forced removal of Japanese-Americans from the West Coast. I’m sure it is required reading in every law school’s Con Law course as it was in my day.

Every generation after WW2 harshly criticizes the decision. But right after Pearl Harbor, there was a lot of fear that the Japs would attack the lightly defended West Coast of the United States. Before the Midway invasion was confirmed, there was even speculation that California was the target.

Most all Japanese-Americans were law abiding. But it is a historical fact that there were spies operating within the large J-A communities in California and Hawaii. War is hell. It produces a lot of innocent casualties.

And driving Japanese-Americans out of their homes in California would help defend the country against the Japanese how?? That's just an excuse, the same as beating up on the Arabic Americans during Sept. 11 and beating up on the Asian Americans during this pandemic. Were there a lot of spies among the Arabic Americans or Asian Americans?

This just shows that the Supreme Court, the judiciary branch of the government that's supposed to be independent and impartial, is not and is heavily influenced by the executive branch, the branch that it's supposed to be checking and balancing against. This is very scary.

 

[TheDawn]

1933, man. Can you possibly fathom what life was like back then? Man?

Dude, seriously.

Just 15 years out of a world war, the economy is in the toilet, Great depression, Volstead act, etc etc.

Germany was fresh out of a world war, with huge reparation payments to pay, the economy is in the toilet, the inflation was through the roof, Great depression, so that justifies the seizing of gold and properties of the Jewish people in Germany and then the Holocaust...

Can you possibly fathom what life was like back then?

 

[savoir]

And driving Japanese-Americans out of their homes in California would help defend the country against the Japanese how??

You are expecting humans to be rational when they feel an existential threat? Especially when the enemy looks so different?

The internment of innocent people is indefensible. Let’s not forget that a law to pay reparations actually passed decades later. Inadequate compensation for sure, but that’s not the kind of thing easily achieved politically.

 

[newwurldmn]

You're missing the whole point of crypto, the fact that you aren't relying on any intermediary to settle anything. The FED just creates money out of thin air. With bitcoin, miners have to mine it, and every last satoshi is accounted for.

Its not strangers that have your back, but rather the robustness of the network that 100% relies on determined rules and outcomes. It cannot be rigged, unlike everything to do with the government.

but when someone figures out how…..