Archive for the 'Bitcoin' Category

17 April, 2022

Posted by Socrates in Bitcoin, Federal Reserve Notes, Federal Reserve system, money at 10:41 am | Permanent Link

This video is from late 2021 but is still relevant. Can you imagine: money that isn’t inflationary? (Currently, American money is inflationary by default due to “fractional-reserve banking” rules. Our money constantly loses value)[1]. An expert on Bitcoin says: “it’s unique, and, it’s the most conservative thing in history.” [Video; 2 hours]. . [1] “fractional-reserve […]

27 January, 2022

Posted by Socrates in Bitcoin, blockchain technology, Western civilization, Western culture, Western philosophy, Western preservation ideas at 4:20 pm | Permanent Link

“For all of these reasons, the rise of blockchain technology comes at just the right moment in history to change everything. Simply stated, blockchain is a decentralized database of transactions, and the rate of its adoption around the world is occurring twice as fast as the internet’s during its genesis. It is transforming the world […]

24 November, 2021

Posted by Socrates in Bitcoin, central banking at 8:39 pm | Permanent Link

“Bitcoin is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain.” — Wikipedia. I confess to knowing […]

16 April, 2021

Posted by Socrates in bankers, banking, Bitcoin, crypto-currency, Federal Reserve Notes, Federal Reserve system, Jewish banking, Jewish money-magic, Jewish nation-wrecking, Jewish power at 12:23 pm | Permanent Link

It’s possible that crypto-currency will kill off a good portion of Jewish financial power (mainly the control of the money supply of the Western world, such as America’s “Federal” Reserve bank, which is actually a private entity with stockholders. Strangely, it has a “.gov” URL! Sneaky!). But what if Western governments ban crypto-currency by law? […]