I hope everyone realizes I was correct when I wrote "Bitcoin : The Digital Kill Switch" in March 2013.
Don't you see? The powers-that-be planted Bitcoin in order to force the nation-states to adopt their own digital currencies.
Thud! It just hit my consciousness.
Ecuador is planning to create the world's first government-issued digital currency, which some analysts believe could be a first step toward abandoning the country's existing currency, the U.S. dollar, which the government cannot control.
The virtual currency, which Central Bank officials say they expect will start circulating in December, does not yet have a name and officials would not disclose technical details, though they said it would not be like Bitcoin. The amount of the new currency created would depend on demand.
Deputy director Gustavo Solorzano said it is to exist in tandem with the greenback and, by law, be backed by liquid assets. It would be geared toward the 2.8 million Ecuadoreans - 40 percent of participants in the economy - too poor to afford traditional banking, officials say.
Users initially will be able to make and receive payments at minimal cost using their cellphones, Solorzano said. Such mobile payments schemes are already popular in African nations including Kenya and Tanzania, where they are privately run.
The new currency was approved, and stateless crypto-currencies such as Bitcoin simultaneously banned, by Ecuador's National Assembly last month.
http://hosted.ap.org/dynamic/stories/L/LT_ECUADOR_DIGITAL_MONEY?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2014-08-29-08-28-04
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That's socialism for you: ban what is free and open and make it closed and not free...
Don't you see? The powers-that-be planted Bitcoin in order to force the nation-states to adopt their own digital currencies.
Thud! It just hit my consciousness.
We don't have much time remaining:
http://armstrongeconomics.com/2014/09/03/ecuador-will-be-the-first-country-to-start-digital-currency/
Powers-that-be are also taking control over Butthurtcoin, with mining centralized in a couple of pools, and soon the money supply locked up off-chain:
https://bitcointalk.org/index.php?topic=400235.msg8649126#msg8649126
https://bitcointalk.org/index.php?topic=400235.msg8663871#msg8663871
http://armstrongeconomics.com/2014/09/03/ecuador-will-be-the-first-country-to-start-digital-currency/
Powers-that-be are also taking control over Butthurtcoin, with mining centralized in a couple of pools, and soon the money supply locked up off-chain:
https://bitcointalk.org/index.php?topic=400235.msg8649126#msg8649126
https://bitcointalk.org/index.php?topic=400235.msg8663871#msg8663871
My original theory of Bitcoin was that it was created by TPTB to suck in the high-tech libertarians and keep them preoccupied on speculation and greed so they wouldn't actually develop Nick Szabo's idea into something that could actually challenge the NWO plan. It seems they are succeeding. The ETFs will be concrete boots on Bitcoin...
We sent out a request of information regarding Ecuadorian bitcoinpolicies to the central bank of Ecuador since we recently have imported the first Lamassu bitcoin ATM machine into the country. You can read the responses from the Ecuadorian Central Bank and the Superintendencia de Bancos y Seguros here: https://www.mediafire.com/?lbmdn0677s8tx1e
So Ecuador are following in the footsteps of Bolivia and have decided to effectively ban every business model that has to do with Bitcoins and seize total control of the money system. The central bank will launch their own "electronic money"-system based on the USD later this year.
So right now we need to get rid of the Lamassu ATM-machine. It's completely new. I can ship it with FedEx anywhere in the world. And it can be picked up in Quito, Ecuador as well.
Taking bids on the machine, will sell to highest bidder! Price new was $5000 and it was a 3 month waiting time to get it delivered. If you buy it from me, you will have it sent straight away with FedEx or any other courier you wish to use. It is possible to do escrow on the deal as well.
Who am I? I used to sell bitcoins on localbitcoins under the name BitcoinsEcuador : https://localbitcoins.com/accounts/profile/bitcoinsecuador/ Until someone hijacked my localbitcoins-account, so the account has unfortunately been banned, but you can search for BitcoinsEcuador on the localbitcoins forum and those posts will explain the situation surrounding the hijacking. I'm back on localbitcoins as bitcoinsecuador2 : https://localbitcoins.com/accounts/profile/bitcoinsecuador2/ If you contact me and are interested in buying the machine I can give you more verification of my identity.
Matthew at Lamassu is also aware of our situation regarding the ATM, you can talk to him as well. matthew.carano@lamassu.is
For more information on the Lamassu bitcoin ATM read more on https://lamassu.is
E-mail: bitcoinsecuador@countermail.com
So Ecuador are following in the footsteps of Bolivia and have decided to effectively ban every business model that has to do with Bitcoins and seize total control of the money system. The central bank will launch their own "electronic money"-system based on the USD later this year.
So right now we need to get rid of the Lamassu ATM-machine. It's completely new. I can ship it with FedEx anywhere in the world. And it can be picked up in Quito, Ecuador as well.
Taking bids on the machine, will sell to highest bidder! Price new was $5000 and it was a 3 month waiting time to get it delivered. If you buy it from me, you will have it sent straight away with FedEx or any other courier you wish to use. It is possible to do escrow on the deal as well.
Who am I? I used to sell bitcoins on localbitcoins under the name BitcoinsEcuador : https://localbitcoins.com/accounts/profile/bitcoinsecuador/ Until someone hijacked my localbitcoins-account, so the account has unfortunately been banned, but you can search for BitcoinsEcuador on the localbitcoins forum and those posts will explain the situation surrounding the hijacking. I'm back on localbitcoins as bitcoinsecuador2 : https://localbitcoins.com/accounts/profile/bitcoinsecuador2/ If you contact me and are interested in buying the machine I can give you more verification of my identity.
Matthew at Lamassu is also aware of our situation regarding the ATM, you can talk to him as well. matthew.carano@lamassu.is
For more information on the Lamassu bitcoin ATM read more on https://lamassu.is
E-mail: bitcoinsecuador@countermail.com
Ecuador is planning to create the world's first government-issued digital currency, which some analysts believe could be a first step toward abandoning the country's existing currency, the U.S. dollar, which the government cannot control.
The virtual currency, which Central Bank officials say they expect will start circulating in December, does not yet have a name and officials would not disclose technical details, though they said it would not be like Bitcoin. The amount of the new currency created would depend on demand.
Deputy director Gustavo Solorzano said it is to exist in tandem with the greenback and, by law, be backed by liquid assets. It would be geared toward the 2.8 million Ecuadoreans - 40 percent of participants in the economy - too poor to afford traditional banking, officials say.
Users initially will be able to make and receive payments at minimal cost using their cellphones, Solorzano said. Such mobile payments schemes are already popular in African nations including Kenya and Tanzania, where they are privately run.
The new currency was approved, and stateless crypto-currencies such as Bitcoin simultaneously banned, by Ecuador's National Assembly last month.
http://hosted.ap.org/dynamic/stories/L/LT_ECUADOR_DIGITAL_MONEY?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2014-08-29-08-28-04
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That's socialism for you: ban what is free and open and make it closed and not free...