"Bitcoin, however, could become a global currency (NWO style), something the bankers attempted with the dollar. Theoretically, the Bitcoin could become the International Reserve Currency and over time other currencies could be eliminated, leaving only Bitcoin as the world�s primary currency. If Bitcoin became the primary world currency all advantages will disappear. Bitcoin wallets would likely become standardized and government issued (with backdoors reducing privacy.) As a global currency, Bitcoin might have to be registered to be spent and the distributive and private Bitcoin blockchain network could become �globalized� (as opposed to nationalized) and become the property of a world government.
Regardless, over time, tighter control of Internet use, and improving technology to monitor Net transactions and the possible introduction of a World Government issued Bitcoin Wallet, it would be very easy to track all transactions and know immediately the currency holdings of all holders of Bitcoin.
Long term, I expect the privacy benefits of Bitcoin and other crypto-currencies will be consumed by evolving technology, �Skynet� type technology, designed to totally monitor all digital activity of the human being." Scott Duncan, this part I found interesting. Why/how would this possible? Would not the ones who created bitcoin, therefore having ultimate authority of it, have to implement all the "control" factors themselves?
Scott Duncan
Oh Cara. Focus on reality.
Bitcoin becomes FIAT, move to LiteCoin or RoboCoin, or DogeCoin.
Make a Forex-like exchange for cryptographic currencies.
You didn't watch Dan Kaminsky's video I see... even though I've posted it a HUNDRED times.
Yes. in the end, the mysterious INVENTOR of bitcoin... GETS ALL THE MONEY. It's not a surprise.
Make your OWN currency, GET ALL THE MONEY in the end...
I've covered all of this. Nobody can connect the dots, or can be bothered to ACTUALLY study. It's why I'm cutting all of you loose. I was WELL on my ways, but somebody tried re-writing history and pretending Daniel J Wentz was speaking out of turn or was somehow derelict in his duties.
I shall resume my exodus soon. We'e got Parties to ventilate. ;)
Pete Daoust
Or FTP coins ;) ....I can EXCHANGE a ton of these, if you have CASH :D
Pete Daoust
OK�. Hummm�
ME, I want to get paid in FTPcoins.
Company A, is releasing FTP coins.
Company B, the one I happen to exchange my time for some duties, buys some FTPcoins from company A, to pay �ME�.
And �ME�, I take these FTPcoins, and go to Company A, to EXCHANGE the FTPcoins in some other currency, when of course, I am ready to SPEND it.
Is this makes sense ? :/
Pete Daoust
:D
Nice coin :D
Scott Duncan
Wow... Pierre is the only one who ACTUALLY got the point of this whole group.
I admit it. I didn't see that one coming.
Pete Daoust
Me neither :-D
Gail Marie
I'm not sure i comprehend this correctly, but here goes.... If you are an employee of corp A and receive direct deposit for your time ...... corp A isn't likely going to want to purchase a crypto currency..., but the corp/trust accounting would show an exchange of the deposited money to my currency to give value to it?
Pete Daoust
If you are an employee of corp A : WHAT ??? :/
corp A isn't likely going to want to purchase a crypto currency.: What ???....corp A is the ISSUER of that FTPcoins currency :/
The rest, I have no idea what you're talking about ! :D
Pete Daoust
And Gail, I am NOT employable :D
Gail Marie
sorry I should have used different letters, this was a new scenario.
Gail Marie
You h ave it figured out for your situation, I'm trying to figure out mine at the present time
Pete Daoust
ha...ok, :D
Pete Daoust
Go see your BOSS, and ask him if he would be willing to PAY you in FTPcoins.... :D
Gail Marie
I doubt they will, it's a huge corporation who cares little for their employees. What I may try, and it would be a long shot, but ask them to consider me as a contractor. I recognize that being an employee isn't the best scenario, but for the present moment it is what it is :/
Pete Daoust
a huge corporation who cares little for their employees ? ....fuck, I ....nevermind...
Yes, if you get to convince them to Hire a INcorporation instead of the person you happen to have in your pocket, that would makes things easier for you.
And it would be better for them too... :)
Gail Marie
Yes, or create some value where I would no longer need to be an employee
Pete Daoust
It dosen't really matter Gail, if that huge corp. accept to hire a corp. instead of GAIL BLACKMAN, you will have a lots of fun......if, of course, you like what you do there.....I have done this, in the 90's, I went to see the President of where I was empoyee, and asked, and he said YES.... :)
I ended up running a INC, and it deployed lots of stuff in my brain :D (I know it might sounds funny ) :D
Cara Small
It would seem I didn't. I do not recognize the name and looked at Money as Debt (which I have watched a few times) and at the video pinned in The Answer to Everything (which I did also watch). What did I miss Scott Duncan? Please post this video for the 101st time. I do understand that creating my own currency is the goal. I am not sure I have connected the dots on HOW. I am SLOW at this whole commerce and HAVE been studying to the point of confusing myself. Any one else who knows the video that Scott is speaking of please share.
David Johansen
first you follow scott's plan, incorporate, trust, lien. then the paycheck, you fix the accountant with a letter claiming the lien against ALL recieveables. the corporation is your 'money exchanger', it makes the recieved a deposit to the account for the administration of the person as it is requested.
David Johansen
and YOU do not use 'legal tender' you simply write your own promisory notes. you dont have to use pretty checques, a napkin is all you need because the corporation will simply ask you if you created it, and you should be capable of remembering what you did. just cover yourself with a 30 day expiration date. (this note expires 30 days after the date of issue)... your rules. your the king. their choice to accept it or not. thats why silver/gold are universally accepted, it cant be recalled (or whatever you call it when you stop payment on a note).
David Johansen
and you just have the company register a paypal account to fund. i use a paypal card everywhere, and when they ask me for id because i didnt sign it i simply tell them i dont have a drivers license, i gave it back because it was a fraud. if they dont like it i will be happy to take my business elsewhere (or online, where a signature/autograph is not needed).
Pete Daoust
I don't have a drivers license either, but the person I happen to have in my pocket has one :-P
Pete Daoust
Fraud corrected :-D
Cara Small
I still would like to watch this video that I have missed.
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