You can argue that the history of the modern world is the history of financial repression.

After the Spanish empire's sovereign debt, payable in gold and silver, collapsed due to over-issuance, the next global empire, the Netherlands, innovated with the financial repression known as the central bank.  This bank would issue paper 'money,' redeemable in precious metals, and backed by the power of the entire establishment.  More debt could now be issued to benefit the elites, as long as proper caution kept the system stable.  Dutch money and debt turned out to be stable for centuries.

When Dutch decline came, due to over-issuance of public debt, the British global empire further expanded the ability to issue paper money.  A major further innovation in repression was the global colonial system, where the labor and real resources of colonies were effectively used to prop up the value of the paper money.  (Colonial governments just happened to want to hold paper pound sterling for reserves, rather than gold.)  Because of the over-issuance of money and debt by the elites, financial crises still occurred every decade or so in Britain for much of the 19th century.

By the 1870s, Britain had to institute a further step in repression known as the international gold standard, which standardized all major economies on gold rather than silver, and enabled major central banks to bail out each other in financial crises.  (The demonetization of silver wreaked major economic pain in the US and was the basis of the 'cross of gold' speech by William J. Bryan during his 1896 presidential candidacy.)  This new system was effective: the British elites issued so much paper money that, by 1914, gold represented only 3% of their money supply, even though the paper was still redeemable for gold at the long-established rate.  (This last part was crucial for the elites' claim that 'free markets' were operating to keep money issuance honest.)

Of course, such a system couldn't possibly last.  The elites' next advance came in the form of the two world wars.  One step at a time, the wars concentrated power and investor confidence in the United States, the new 'free-enterprise' economy.  Gold flowed into the US, and the dollar was so trusted that it gradually became the major form of reserves held around the world.  The US elites were able to issue dollars and debt for personal enrichment and empowerment, without regard to the ability to redeem dollars for gold.  And they did issue.

When inflation eventually threatened the faith in dollars, the US innovated a new twist on the British colonial system, alliances with dictatorships.  Under this system, oil and labor pools like China were effectively used to prop up the value of the dollar.  With various geopolitical maneuvers, the US was able to keep oil and manufactured goods artificially cheap in dollar terms.  Since your dollars could always buy these things cheaply, you had faith in dollars.

How did the US elites use the stability provided by this latest repression?  You guessed it: issuing more money and debt.  But since this eventually caused the twin crises of 2000 and 2008 in the US itself, the elites have been forced to use minor manipulations to keep their system stable for now, while waiting for the next major step-up in repression.

And that major step can be none other than the abolition of cash.  An all-electronic money system will have multiple benefits for the elites.  They will be able to collect all their taxes, including (possibly higher) taxes on profits from investing in gold and Bitcoin.  They will better observe and control all financial markets, as well as the lives of all people.  But most of all, it will allow them to use truly negative interest rates, that is, literally taking money out of bank accounts to 'encourage' people to spend and invest their money.  (They will argue this is no different from what they have been doing all along, with inflation at a higher rate than the return on 'safe' assets like insured bank accounts and Western government bonds, and they will be right.  According to their logic, past repression justifies the future one.)

So the major historical pattern is clear from the political and financial elites' point of view: gain the trust of the world by advertising that we are operating a free-market, liberal, stable system.  While that trust lasts, grab wealth and power by issuing financial assets, and propping them up with state power behind the scenes.  When the system eventually becomes unstable, do what we can to keep things stable, until we can change the system so profoundly that we take a major step in financial repression, while still claiming to operate a free market.  This will bring a new era of stability.  Repeat the cycle.

For those of us who love freedom and abhor all manifestations of financial asset inflation, down to environmental pollution, all is not lost.  Today, the anti-establishment political sentiment and disunity among big countries should stop an actual abolition of cash.  (Though the elites try to remove large-denomination cash to pave the way for any future abolition.)  Only a major terrorist attack can bring the necessary political momentum to shove an all-electronic money system through.

I am speculating that the core Western elites actually want such a terrorist attack.  There is a well-documented list of leaks to the media after 9/11 by obviously high-level US officials that apparently served no purpose except to help al Qaeda.  (For example, it was leaked that the US had found a way to track bin Laden's electronic communications -- he quickly stopped using them.  No one was investigated for these leaks.)  Also, the US and its allies were somehow never quite able to squash ISIS.  Today, the US and is allies continue to fund 'rebels' in Syria, who they know are al Qaeda and ISIS associated jihadists, in the name of overthrowing an oppressor, even though the US supported many oppressors in the past, including the Shah of Iran, Noriega of Panama, Mubarak of Egypt, and Erdogan of Turkey.

I understand that it may be hard to believe the elites are capable of helping terrorists, except it would not be the first time Western elites bring death to their own people for the sake of preserving their system.  The British elites sent Britons to their deaths in World War I, for reasons that are still not quite understood.  That is, until you analyze money.  Objectively, without Britain's involvement, British money and debt would likely have suffered a hard landing after a likely German victory had propelled Germany to the global imperial seat.  The wasting of British strength in fighting the Germans, on the other hand, worked neatly to concentrate postwar imperial power on a friendly US which would help ease British money and debt through a gentle decline.  (The latter was what actually happened.)

Remember that, while crying tears over 9/11, the US used the occasion to take a sequence of legal steps that culminated in vastly increased surveillance by its intelligence apparatus, some of which has been exposed to be economic rather than anti-terrorist.  Thus, it falls to each of us to understand the system, spread the education, and stop or slow down the march of global empire.

Unlike ancient empires, modern empire needs soft power because it doesn't have the required level of hard power.  The spread of awareness is the ultimate method of denying it, by exposing the 'city on a hill,' the 'liberal rule-based order,' the 'free-enterprise system,' the 'honest broker' and the 'trusted debtor' for what it really is -- an alliance between top financiers and politicians to blow imperial financial bubbles.

Anyone have any thoughts on a global recession happening? Brexit obviously a huge deal, and people are talking about the breakup of UK and European Union.

Obviously, times like these make people very happy about having cash reserves to take advantage of opportunities. Anyone have any thoughts on the next 6-24 months? And how would this affect the bitcoin economy? Would like to hear some thoughts/opinions.

Facebook will accept bitcoin? I do not get it. Accept bitcoin as payment? Who will pay? The users? Me, when I use facebook, I do not pay for anything except if I ordered something in online shops in facebook. All I know is that there are shops in facebook that accepts bitcoin like the shops that is all about gadgets. They posted the details of payment so I notice it nut I did not try it.
You heard rumours? Well, from what you have said “rumour”, it may happen it may not it may be true, it may be a lie. And last time I check, if that is rumour mostly the story change as it pass to different people. Maybe the real news is has been added some details or maybe some details are not told.

Here is my post to shopify via facebook. They have blocked me form accepting payments via their payment gateway stating that I broke some TOS, which there is nothing stating anything about cryptocurrency or cryptocurrency related items and just wanted to share this information with everyone.

So one of your Risk Analyst members is trying to explain to me that I am somehow violating your ToS. This is in fact not true. I am attempting to sell Cryptocurrency related items, and your ToS has zero mention of Cryptocurrency or any cryptocurrency related items, in fact the ToS and the AUP both fail to even LIST the word at all. Frankly I am appalled at the lack of information or proof by your agent that I am in fact breaking either but is willing to tell me that I am breaking at least one rule. Also the fact that she was unwilling to explain which items were breaking said policies seams to point out that your company believes it does not need ME as a customer, which may be true, but you do need customers, lots of them.  I would not even have had this reaction if any of the information I was given was actually in the TOS, at the time of this writing the TOS was last updated OCT. 17th 2017. This post will also be on Reddit, Bitcointalk.org

and then emails -


https://gyazo.com/84d40d1a06e61e431c65a3816dfd1be7
https://gyazo.com/facb0cc88fe235cf3c32653152c8306b

I decided to try selling my house for bitcoin or some other cryptos..I am located in Italy. What's the best and secure way to do this? Thank you all!!

What is your definition of a whale? How many BTCs do you need to have to be a whale?

quite good technique, but now you can see the price of bitcoin, it's a madness if you decide to buy altcoin for now, i think it takes long time for altcoin to fight against bitcoin price. it will get long time to wait for altcoin to wake up from the slumber. but all is in your hand, keep holding tight.

BTC jump From $17400 to $19300. Almost $2000 a day. Too crazy to catch it.
Is it a work of the Wall Street? Any correction expected?

this is a good advice, good plan is better than having a good items to sell.  I would have done the same too, study the field of items you want to sell, most probably it would be better if it is your field of interest since you already know what makes people like you interested.  Then study the price and look for cheaper  sources of the item so you can put an additional or better discount than your competitor.

The internet marketing is now the trend of all product now people don't want to spend their time to purchase the product as there is lot of issue traffic jam parking time we want spend all concerns to the client so internet marketing has a big roll in the marketing field it is getting increase day by day.

the best investment once you know what you want from investing what your goals you can determine how you're going to get there read on to learn how to invest your money in five simple steps even if you've never done it before many savers prefer having someone invest their money for them all others let's continue down the road to getting your money properly invested how to invest money starts with determining your investing goals and when you want to achieve them.

Today theres so many investment sites that you can invest, like cloud mining, plan pro matrix doubler, lending sites, and etc. And although theres a many investment sites  it doesnt mean that all that sites are suitable for you. So just make sure before going to invest you should study first yhe sites that your going to invest your money. And invest only  of what you can afford to loose.

I have been reading about trading bitcoin and I can say that it is not easy. There are things you need to study first before trading to be able to know how it is done. I have asked some of my friends about trading and they told me that if the deal went good, the earnings will be good but it is going to be difficult.

I have also read about people who got scammed in trading and lost big time.

I have been joining signature campaigns and have been saving up my earnings because plan to trade. Besides wanting to experience trading, I also want to see for myself how trading is compared to signature campaigns. I hope that my first experience will be great just like my friends.

by preparing yourself ahead of time you'll find that the problematic emotion goes away before it interferes with your life select the situation emotion can have an important influence or physical health and it is critical to deal effectively with the feelings control whatever aspect of the stress that you can the ability to control my emotion and my regardless of circumstances sets me apart from other man learning to control your emotions includes creating an environment where you know that you can go to express those emotion safely knowing that you can give yourself.

Right,  patience is needed in trading coins but still holding emotions are sometimes hard especially if the price keeps going down.  What I do is just set my order whenever I trade.  I don't watch over the price so that I will not be displeased if the price  keeps going down.  I go back to the exchanger after an hour just to check if my order is processed. 

In trading,  if you are not able to control your emotion you will always end up selling your coins at lower prices and loss the opportunity or the chance on earning good profit.

Hey mate! Good you want to take a bold step, and impressed that you are trying to learn first. There is really no shortcut to it, you just have to learn the technical analysis, or at least the little bitty few things you can grab. You cannot learn it all in one day, so I guess you will have to practice with the little you have learnt and keep learning as time goes on.

There are some traders on youtube that can teach you how to observe trends and trade safely, so you may consider that as well. Trading can be profitable if you are good and if you have some good capital to start, however, for a newbie, it is good you start small and from what you have said, since you have made a little bit of profit, then I see no reason why you should quit. No one was born a pro trader, we all started somewhere.

which happens if we only use one type of currency is going to disappear the trade market and the trading will disappear,
because we do not have competition or currency benchmark it ..

That's off the chart idea. You can't just hold any island out there as all of them will be ruled by next government present nearest to that land. For example if it is in western Pacific Ocean then it is most probably under the rules of USA while the islands in the eastern Pacific Ocean would be under the territory of India. So you go anywhere in the world you will have to face the legislation first to acquire that particular island. It is good idea but bitcoin is not that powerful to get you island as government should accept that particular currency that is bitcoin to let you buy it. It seems to be complex idea and may not be possible at this point.

Exactly, freedom sometimes was not good especially when people didnt know how to used it well. Some people abused freedom to do bad things and that is the sad part of freedom. It still better to have rules to limit things and to avoid wrong doings

There are many ways to save money. First you can open up a bank account and store your money there where it is safe and make sure that the bank you are placing your money is trusted and has no records of bad conduct. You can keep it in piggy banks which is useful for kids. You can also invest your money and let your money grow by itself.

Internet marketing is often called online marketing is essentially any marketing activity that is conducted online through the use of Internet tools and technology marketing activities include market research product design and development pricing advertising and public relation promotion and publicity sales and distribution payment collection customer relationship management Internet marketing is not synonymous with online marketing although interactive marketing processes are facilitated by Internet technology use the Internet as an adverting medium to inform educate and persuade costumers as a direct sales tools to obtain costumer database information to communicate and interact with buyers to provide costumer service and support.

This is effective in the country where users are actively participating in facebook.  There are some country where facebook is not that popular instead they have other platform in alternative to Facebook.  Definitely FB marketing won't be effective in these countries. What I am trying to say is, do not limit the advertisement in one social media platform.  Instead, make use of all the possible platform that can be use to advertise your product or service.


In short, for a starter, we need to know the basic of internet marketing, we can either attend a class, work camp, or read ebooks about it.  Without a basice understanding of internet marketing, we cannot be successful in our venture in the internet marketing industry.

Based on my own experience, I chose it for one reason, It has been a helping hand since the day I've known it. It gave me a lot of opportunities to earn and I has been a great source of income for me. Bitcoin changed my life and even my financial state. I am able to help my family with their needs now and I was able to save and invest for my future.for me Bitcoin isa relatively new form of currency that is beginning to the mainstream but many people still don't understand why they should make the effort Bitcoin is a form of digital currency created and held electrically Bitcoin are not printed they produce by the people and increasingly business running computer all around the word using software that solved mathematical problem Bitcoin is transaction work you need two things Bitcoin wallet and Bitcoin add.bitcoin is so helpful of many people especially the financial for the family