Monday, November 25, 2013

Bitcoin or the Canadian Mint Chip?

 I've been doing some research on Litecoin(LTC) and Bitcoin(BTC) recently and it has been a whirlwind. For those of you who don't know I used to mine BTC. I sold all 230 or so for $6.00 or so.

Anyway I saw a video on my journey down "bizarro" path that particularly pissed me off and wanted to share that video with you and the comment that I posted subsequently.

"So who's got the total number of these chips that there will be?

Is it INFINITY again like last time and the time before that and the time before that?

What's to stop Bernanke and the likes of sending as many digital units as they wish? Oh wait! Bernanke has already sent TRILLIONS  to banks overseas. Someone just made the decision and off went Trillions!

No one makes a peep? And what problem exactly do people have with BTC and LTC? Someone tell me the difference...

Governments aren't going to get away with destroying the value of currency and then changing the face of currency and starting it all over again. People are getting away from that system as governments are being rendered incompetent with the TIDAL WAVE  of technology. Old power structures want things to stay exactly the same as they wear a golden ring around a fattened, puss filled finger full of rancor and decay. Waiting to explode."

I'll probably be writing more about this in the future.

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