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Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Last of the V8s
on 04/05/2018, 21:38:02 UTC
"First they ignore you, then they laugh at you, then they fight you, then you win.
Anyone in a fighting mood?
https://www.nytimes.com/2018/05/04/upshot/should-the-fed-create-fedcoin-to-rival-bitcoin-a-former-top-official-says-maybe.html

“Congress gave the Fed a monopoly over money,” Mr. Warsh said. “

Which was fraudulent and in violation of the US Constitution

ok, perhaps. but it's been accepted as normal, allowed, and legal for... what, something like 100 years now? what, precisely, do you expect to be done about it? to remove the fed's power is nigh impossible. it would likely require literal war and revolution to bring down the government as we know it and build something new, or at least closer to the original constitution if that's the goal.

i say the same thing to any theory - like faked moon landings or flat earth or less insane ones like this Fed thing. ok, so maybe you're right. what's your point? what do you want to be DONE about it, and what will that change? are you going to do it? do you think you can actually effect change at all?
Many folks, myself included, are fascinated by bitcoin because a belief that it can take down the Fed and the other central banks.  The concept of bitcoin is very powerful.

Maybe 10,000 us$ by the end of the weekend?

...well, ok, yea. that's... very true. i... er... right, shutting up.

am a bit drunk to respond fairly to this convo, but you both have valid points and shouldn't back off. Bitcoin itself will do a lot of the heavy lifting in ending the Fed and creating an honest society. But it also us - what are we doing to those ends? holding, running nodes, mining, building infrastructure? keeping the USG out (cf scams like eth/bcash/xrp/intel/google)?