I feel like I gotta chip in, although I wish I had better study into Economics. Non the less, lets take it back exactly 1 year. Where was BTC? in a few more months it would be it's first time to pass $1,000 USD per BTC. ASICS were being made to a point that the market wanted more.. better. for less. So where'd that lead us? To ASICS that hash at half a terrahash/s for a few hundred. Not so long ago.. Cointerra, KNC, this guys and a few others ruled the market. As everyone knows, the price of BTC is linked to many variables. One being how many people use BTC, and so on. So what made this spike so huge? The influx of new miners, traders, and "holders". Among other things of course. But... I HAVE to point this out..

BTC is based on the internet. I fear that if a government's fiat is worth so little... How are we to pay the electricity companies? without electricity, how will IPS companies run.. And how will we have internet and power at home.. Without them.. Well, there goes BTC and it's price.

Now as far as silver and gold bugs out there. Well, a HUGE portion of gold is held by the U.S. in the Federal Reserve Bank of New York and Fort Knox... So. the problem goes back to fiat.. it's only worth what the government says.

So long as we have this type of government everything will be controlled. Think about it.. Most of the money in the world is just digits on a computer. Back in the 1920's maybe it was easy to have all the money as paper currency in circulation.. but now we're in the modern era.

But then the problem arises... With this "modern era" comes this beautiful thing called credit. So long as people keep borrowing money, they're in trouble. Notice how credit score's only take into account your credit cards, why not debit cards? Because they know people whom have credit are more likely to spend it, and in their minds think "i'll be able to pay this, and it will even help my credit score"... Funny huh? And honestly there's nothing we CAN do about our current system. Our president is a puppet controlled by the banks and powerful corporations, congress itself isn't much different, other than they can also be bribed making them much easier to control.. So long as this so called "Democracy" (which is ironic since america is a republic) dominates.. We're all stuck without a true voice.

Lemme give you an example before I shut up, if you live in New York, and you would like to speak to your congress man about any subject or matter, chances are they'll:
A. ignore you
B. send you a letter saying they'll think about it
C. Say they can't do anything because they're on the committee or something against it.

What do you do if you want to speak to a congressman that IS on your side, but is a representative of another state..?

Riddle me that..

Thanks for reading this rant though guys,

-T.O.