@r0ach, I
corrected your disingenuous lapse of not linking from your recent blog to the prior discussion here which you quoted from in your blog. Thats quite
barbaric (as in uncivilized) of you to attack Anonymint as a crypto shill while quoting him, then not linking to his prior counter arguments in the context of the quote you cited.
The generative essence of your
inapplicable rebuttal is that theres nothing else that can serve as an agreeable monetary asset for resetting the global monetary system, that would avert an otherwise total chaotic collapse into a Dark Age. Even if that were true (and I even stated that possibility in my prior rebuttal to you), as I pointed out (in my prior rebuttal to you) this would have no bearing on our individual decision to choose gold or silver as hedges against the collapse of the current monetary system:
You might be able to make the argument that central banks will still have gold on the bottom as the risk-free asset, but that has no bearing on what we as individuals should choose if were concerned about the bankrupted government expropriating our wealth. (notwithstanding that globalized decentralized cryptocurrency will subjugate and disintermediate nation-state central banking)
I had already explained in this thread, that the government has now the increasing power to make sure that during any such monetary reset that they can make it impossible for private investors of (significant quantities of) precious metals to achieve any hedge whatsoever. I had even
alluded to this problem back in 2010 (after I had heard that USA Treasury officials stated they would burn the fingertips of goldbugs up to their armpits). What the heck do you think
the Zionist false flag 9/11 which enabled the Patriot Act, KYC, AML, and the terrorism magic bullet against private wealth was all about? They know damn well theyre taking us to a global monetary reset and theyre funding/encouraging/facilitating the goldbug propaganda (e.g. FOFOA) so that tinfoil hat wearers such as yourself will be trapped at the end game with an asset that will be confiscated if you want to redeem it or buried in the ground forever (until nobody cares about gold anymore
ever again any way, so its useless to pass it on to your heirs). I hope you
love fondling all that metal, because thats all youll be able to do with it. Actually try to carry 10kg of that silver shit in a backpack as I did from Manila to Davao (and back) in the 2011ish timeframe (and my shoulders were stronger at age 46 than now approaching 53), and youll appreciate silver a lot less especially after having to bribe police and airport inspectors along the way.
So it really boils down to you can choose precious metals and be expropriated by the nation-states, or support the Zionists Bitcoin plan for the NWO. The latter is also fraught with nation-state risk if youre not careful (e.g. not doing KYC on the people youre trading with and not trading on an exchange that does, a recent revelation for me that is discomforting), but at least theres huge gains to offset the costs of paying fines, attorneys, accountants, and gaming the nation-state jurisdictional landmines.
Also the Zionists know damn well what theyre doing to
take us to a NWO global reserve currency via a monetary reset which replaces the USD as the reserve currency with a global one. And that is why they created and planted Bitcoin as a surreptitious creative destruction of the nation-state central banking system with the USD as the reserve (which served its interim role but now theyre capable of moving to next level of global integration and control so they want to use subterfuge to disintermediate their own surreptitiously controlled central banks surreptitiously).
Of course, as
I had explained 6 months ago that the nation-states would never politically agree to such a disintermediation by a global elite (if admitted in the open) and the nation-states would then fight over what should be the next global reserve currency because certainly China and Russia (and the rest of the developing world) dont want it to be the USD (because the
Armstrongs $trilllion short-vortex dollar squeeze driving the USD skyhigh coming soon is going to collapse the world and make the nation-states realize how painful it is to be reliant on another country for the reserve currency, which btw Rothschilds installed Trump as POTUS via his control of WikiLeaks
as I predicted presciently yet again and
is continuing to do so, so that he can be blamed for this short-dollar vortex by all the nation-states of the world) and they indeed have been backing their economies with hard assets and some gold. Thus if hard assets were what was going to recapitalize the next monetary reset then the world would collapse into a Dark Age and a horrific WW3 between the major superpowers. The global elite are trying to avert such a horrible outcome (Bitcoin is a surreptitious way to avert the political morass of proposing and agreeing to a new independent global reserve unit, because for example SDRs backed by various baskets have gained no traction because as Armstrong pointed out the IMF is openly part of the politics and corruption), thus its absolutely necessary that they eliminate hard assets as a viable recapitalization, which is why they have no choice but to do 9/11. Theyre all about their role of maximizing global cooperation, although it also requires them to be usurists, fixed capital investment, and probably incongruent with the knowledge age as Ive pointed out to you again recently (prior page of this thread) about my theory essay on the
Rise of Knowledge, Demise of Finance. Even Armstrong doesnt understand this yet, because hes too compartmentalized in his awareness and thinking. He thinks hes in the global elite inner circle because he knew for example Margaret Thatcher personally, lol. The reason the global elite have not accepted his proposed Solution Plan, is because it would not resolve the global reserve currency issue!
Gold is not at all involved in this decentralization of information. Its analogous to the comparison of the value of mechanically crushed gravel compared to etched silicon. The intellectual property component of the valuation is orders-of-magnitude differentiated. @r0ach (@realr0ach) why cant you comprehend that purely monetary stored value is dying, because the industrial age and fixed capital investment is dying. Why cant you comprehend my essay,
Rise of Knowledge, Demise of Finance? Youre as myopic as the Luddites, who couldnt accept that technology had changed the economics from their antiquated, truculent understanding of the world.
So as I told you from the start, gold isnt very useful in many collapse scenarios. The global elite instead has to create a surreptitious new global reserve currency named Bitcoin (which they surreptitiously control already) so that the nation-states will be powerless to resist it as the next reserve currency at the next monetary reset. Yes of course Bitcoin is a fiat but the fact that nobody can prove it is yet, is one of the key reasons that for this coming monetary reset, Bitcoin sits at the bottom of Exters Pyramid. Youre conceptualization is lacking an appreciation for changes over time. You think Exters Pyramid can be some static base asset indefinitely, but gold has never been a reserve currency since we entered the industrial age. It was merely a symbolic mirage maintained by Rothschilds for the purpose of leveraging his banking and finance empire without political resistance. And do note that a few years ago (right before or after Bitcoin was launched), Rothschilds exited the London Gold Fix business.
Then again pretending not to care about marketing and the project's self image is also a form of marketing.
And theyve done quite well for themselves with that niche marketing strategy. So perhaps we should conclude theyre marketing and strategic geniuses.
Agreed I was trying to make that point in other words:
I think not indicative of what a mediocre/sub-optimal if not horrible name it is, if the target market was something greater than a fringe anonymity cult. IMO, the name targets people who have an unsophisticated perception of branding and for me the personality of @fluffypony is indicative of the lack of mainstream marketing sophistication of that ecosystem [
] Its like they want it to be some volunteerism, playful enterprise yet also academically very serious. Reminds me of the way MimbleWimble started as a Harry Potter theme. Very geeky.
Also I think they felt (based on for example my interactions with @smooth and @ArticMine) they were compelled to disavow any symptoms of a common enterprise for the purposes of maximium protection against securities and FinCEN regulation, which I had pointed out in my prior post is potentially going to put XMR in favorable position if the next crypto winter includes
widespread regulatory action against the whales of ICO-issued projects (and perhaps equivalent obfuscations such as STEEM, EOS, and DASH,
although note the larger projects seem to have bought off high placed former regulators such as Gary Ross in some juridiscations, yet the European regulatory powers have been apparently recently consolidated with MiFiD II but this is far too detailed for me to expend time to study in depth).
P.S. we intend something very strange with our CRED project to side-step that issue, which afaik has not been tried before in the cryptocurrency realm.P.S. my past dissent (and disgust with some Monero community members former condescending arrogance about anyone who didnt volunteer for them being critical of some of their technical/market/economic theory claims was attacked as being a defector who would be steamrolled by their superior opensource/volunteerism model/team, e.g. @iCEBREAKER) is mostly (notwithstanding the impact of CFS due chronic liver disease and Tuberculosis on a persons mood, outlook, energy, objectivity, and (especially continuity required for programming) productivity which btw the TB is confirmed cured and liver/spleen cysts are under natural treatment with diet/lifestyle changes) because I wanted to create mass-market project (as has been the focus/goal of every s/w project of my career except for the contracting work I did on EOS Photomodeler), and I needed to make money starting from an entirely depleted capital position (whereas those guys had capital and wanted a project to invest in and play with in their spare time).