Exters Pyramid is a theory by a former central banker. Its not a proven hypothesis.
Of course it's proven. All it is, is a chart that shows where money goes when people shift out of risk assets to safety.
Seesh you force me to repeat what I already wrote, as if you have the reading comprehension of a 5 year old.
You have not refuted the point that in every Mad Max 600 year Dark Age case, then food is at the bottom and what people turn to. Gold gets buried and is entirely useless.
And in the vast majority of the other economic crisis cases, we dont make it to gold. It abates before it gets there. In the relatively few cases, where we do make it to gold being useful as a safe haven, then its only for about 2 years and then it either goes Mad Max (and gold becomes useless) or the economic crisis recovers.
And on top of that, what is at the bottom of the pyramid changes throughout history and gold's epoch is ending now. Right now. You are entirely on the wrong side of change in the monetary history of the world.
Yet Im just repeating everything I already wrote.
Lying conmen with 0 integrity like Sidhujag claim bitcoin is not only not a risk asset, it's the lowest risk asset possible.
Decentralized ledgers cant be destroyed by any one country or even a grouping of them. That makes them more anti-fragile than national currencies, bonds, and gold at this time. We already explained why gold is more or less useless against governments now in this modern era. How the fuck am I supposed to move my gold out of the USA or Philippines surreptitiously during a divorce proceeding? Even if I manage to transport it on a boat, how the fuck do I sell it where I arrive into some fiat which I can use wherein it wont be flagged as terrorist money coming from outside the banking system? And this sort of tracking is increasing all the time.
Although you may be correct with the implication that the Zionists may control Bitcoin, theres many alternative ledgers and they dont wish to reveal the level of their control yet, so for the time being they will pretend that Bitcoin is cardinal to their control of the nation-states.
And the innovation in this space continues interim.
He then goes on to reference idiotic jibberish from company man Nick Szabo. Newsflash: since it's not possible to create a decentralized cryptocurrency and they're all designed to centralize, it means they're all just permissioned ledger, federated chains in pratice. You know what else is a federated chain? Paypal. Just because they're Rube Goldberg machines that try to obfuscate what's going on doesn't mean they aren't the same thing. It just takes a short time span for craptocurrency to arrive at that inevitable end.
You presume it's impossible to create a
suitably decentralized ledger. Yet damn it, this is what Ive been working on this issue for 4 years. Go ahead and presume Im only a stapler. Your big mistake. The speculation on Bitcoin now, includes the speculation that some innovative black swan like myself or others will suddenly appear later.
Also interim there are significant differences between a corporate run database like Paypal, and the pseudo-decentralized, distributed ledgers. For example, no one controls who can create a Bitcoin address. Whereas, Paypal account creation is centrally controlled. And
I had explained that cryptocurrency addresses and UTXO are like an endospore that cant be destroyed, same as gold. Paypal can be taxed and pressured by individual governments. Bitcoin not. Btw, this is the primary reason that ICO-issued (and their obfuscations such as stealth mined and instamined) projects are not at all anti-fragile and their doomsday is coming in the next crypto winter, because the whales can be targeted by individual countries and expropriated.
physical commodity currency like silver and gold remove the parasite middlemen.
Does lying to yourself help you in some way? I already refuted this in my prior reply to you.
Also, this Anonymint theory [
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Refuted.
It's amazing people do not understand the Jewish question at all or how the final solution originated:
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I agree with the notion that theyre a tribe and theyve found a way to be dominant, which forces them to maintain control of the institutions of civilization. And even within their tribe, theyre hijacked and co-opted by the Zionists sub-tribe.
But my reaction is that theyre just a natural outcome. We cant destroy them without also removing the power vacuum that causes them to exist.
I base some of my hope in the
my theories about the knowledge age ameliorating their power. Which is also one of the reasons why I work on decentralized ledger theory and implementation.