Bitcoin Death

Jason in Enid

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Oct 10, 2009
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My son returned from s Africa today and mentioned that he took pre2010 uk money back to spend in london and they wouldn't take it. They have new money now and the old stuff is worthless and different. I never heard of that happening there but it did. You had a certain time to turn it in or lose it altogether.
His little trip was very educational for him and me haha.

Mexico did the same some years ago. Their peso had become so worthless that they had to scrap it and begin again. You had a limited time to turn in old pesos in exchange for new ones. Now the old pesos are worthless souvenirs sold in tourist shops.
 

Johnnybravo300

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My wife brought back some South African rands just for souvenirs and also a 10 trillion dollar bill from Zimbabwe. I've heard of them but never seen one. It cost her $4.
 

Johnnybravo300

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IMG_20171209_075818358.jpg
It's upside down but I guess that's fitting haha.
 
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Johnnybravo300

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If Bitcoin is peer to peer and decentralized then who is it that's turning the records over to the irs? There must be an office somewhere with people runnning it all and with transactions all recorded.
The inventor is someone that no one knows and hasn't met and he holds billions of $ worth in Bitcoin he's never touched?
Pay no attention to the man behind the curtain....
 

clv

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If I could pay my taxes with bitcoin, then it would be worth something to me.:occasion18:
 

fistfulladirt

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Since the FRB took over the US bs in 1913, the dollar has lost about 99% of it's value.
They say cryptos are here to stay.
 

Johnnybravo300

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Cryptos are here to stay and the internet is easy to control so I'm sure that's our future as much as I don't like it haha. It would give the feds total control which is what they want. Everyday it seems new cryptos are being invented so who knows in ten years, there's just no history yet.
I'm not looking forward to a cashless future at all and ill probably buy alot more metals to get my money out of the system.
If the banks and fed can't keep it secure now I can only imagine the problems coming when people lose access and it will happen.
There's no replacement for money in your pocket.
 
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WaterScoop

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Here is our future currency!
Many of you will get this some will not
For those that don’t get it...I’m sorry


AAECA755-C244-48BE-A1E8-035382E82B7D.jpeg
 

WaterScoop

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This is for my friend Jason

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Johnnybravo300

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Add in a stockpile of vodka and you'll be set. It can be both recreational and medicinal, so its a dual commodity!

All that could be worth more than metals to a person without any preps and there is alot of them out there. There's very few of us.
I've heard the argument that we'd have to retrain alot of the population about metals and what junk silver is worth to barter, but would those people have anything worth trading for anyway?
If they are clueless to metals and prepping, chances are they wouldnt have anything you'd need haha.
 

Jason in Enid

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Oct 10, 2009
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Stockpiling precious metals isn't for an end-of-the-world scenario. Thats a beans, bullets and bandaids need. Metals a for a stockmarket crash, when the currency becomes severely devalued. Thats when the selling price of metals skyrockets (and when the common panicked buyer who will dump every penny left into into at inflated prices. Just look at all the fools jumping into bitcoin after it rose 1000% in a year.
 

lockster99

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....yeah, but look at the millionaires it's also made.
 

Johnnybravo300

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Hopefully it works out for them. The ones that were in early have done well and they got in cheap.
Who knows what it could do with the markets at all time highs. The biggest most rediculous bubbles in history are present right now so we'll see how it plays out. Debt is skyrocketing under the new tax plan and spending is increasing same as ever with trillions more being printed, same as always. They need to keep it all pumped up before they suck it dry so it could definitely go higher. That's always a sure fire way to draw people into it.
 

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