Archives For bitcoin

Inspired by Robert Wayne Leath.

Corona Virus – First One

Collapse of Banking System – Then Two

After the virus you’ll be faced with a world you’ve never seen before.

Why worry about banking in a time like this?

When it’s burned to the ground and you’re standing in the ashes, will you know how and why it happened?  If not, it will repeat itself.

What is and what will be.

Bitcoin may rise to prominence.  Get familiar with it now.

Andreas Antonopoulos – aantonop

Resources:

Hidden Secrets of Money – Mike Maloney

The Creature from Jekyll Island – G. Edward Griffin

ITM Trading – Lynette Zang

SGT Report 

X22 Report

Aantonop – YouTube

Let’s talk about digital currency and the privacy it gives you. Not to mention not paying transaction fees.

What is Bitcoin? Digital coin. Digital Currency

The bit is a basic unit of information used in computing and digital communications. A binary digit can have only one of two values, and may be physically represented with a two-state device. These state values are most commonly represented as either a 0 or 1.

– Way for two parties to exchange money without third party interference/fees ie: government, banks, PayPal, Western Union, etc.
– Avoidance of paying fees for the facilitation of the transaction.
– Bitcoin essentially cuts the fee charging entities out of the transaction.
– Commerce with privacy.
– Gives those without access to bank accounts the ability to transact as long as they have access to a computer (library, internet café, etc). Western Union does this but charges fees and can take longer depending on method of payment and receipt.
– Transactions are logged in the blockchain and buyer/seller remain anonymous.
– Federal Reserve Bank has been controlling the creation, distribution, and sale of money for 104 years. Do you think they see bitcoin as a threat? Yes, because they can’t inflate the bitcoin supply and charge you a hidden tax (inflation).
– In it’s infancy.
– Same as cashless society? Gov’t idea of a cashless society still involves The Federal Reserve in control. Bitcoin’s idea of a cashless society does not.
– What if you worked and when you got paid your deposit was in Bitcoin instead of “dollars?”

Resource:
Banking on Bitcoin – 1 hr 23 min (documentary movie) Netflix.
Coinbase – Buy & sell digital currency
Blockchain

Debt Shepherd 2017, All Rights Reserved