Any of you guys invested in Cryptocurrencies?

ttystikk said:

Lol but people keep taking it, which is all that matters, right?

....right? Lol

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Exactly and quite literally

ttystikk said:

1. NEVER plead guilty to a crime you don't fully understand!
2. His 'crime' is not using the American banking system.
3. His case is about the (absence of) limits to Federal power.

No one gave the government this much power. They took it while the American People weren't paying attention.

We live in a de facto fascist system. Actions like this are proof.

Average people like the defendant in the clip get persecuted- yes I'm using the term specifically, it's not a typo- and the elite walk away from much worse without ever being prosecuted in the first place.

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my question is why bother with him, I don't know how much he was dealing with, but even if it was 100k, still seems like a lot of work. I mean they were watching this guy for months that's not cheap. can you seize crypto's? even the free lockers are encrypted very well or may not even be in the US.

is the FR really worried about people walking away from the dollar. on the most extreme end it would be a revolution of sorts. rich people wouldn't be rich, and those with skills would survive. sounds like a good movie lol.

SoOLED said:

my question is why bother with him, I don't know how much he was dealing with, but even if it was 100k, still seems like a lot of work. I mean they were watching this guy for months that's not cheap. can you seize crypto's? even the free lockers are encrypted very well or may not even be in the US.

is the FR really worried about people walking away from the dollar. on the most extreme end it would be a revolution of sorts. rich people wouldn't be rich, and those with skills would survive. sounds like a good movie lol.

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I have a friend who got the full Federal SWAT team treatment for a single, one time sale of $1500 in Bitcoin into cash. Easily a $50k operation to stop one old (utterly nonviolent) man from making a private sale. He got 18 months of federal probation... And financially ruined defending himself.

The only explanation is the protection of big banks and their control over our economy.

When corporatists take over the government to impose their will on the population, that's called fascism.

Have a good look around, people. This is what it looks like.

srh88 said:

Hopes and dreams

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limited currency. only 21 million bitcoins can be mined.

ttystikk said:

I don't have a 'money market account' for a good reason.

The US dollar is backed by the full faith and credit of the government of the world's largest economy. For now, anyway.

Bitcoin and rest of the crypto currency copycats are backed by... What?

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bitcoins are limited currency that's what. federal reserve notes are backed by full Faith and credit of The People and are elastic to the people, who make new loans but also the government who make new loans with no actual market demand......they are your "fiduciary agent" in that regard....

weather you still get a paper check or use direct deposits signature card, you are endorsing the federal reserve system, quite literally. bonding your substance with every deposit to the reserve system....

even folks like yourself who are all cash....which is almost non existent anymore, you still fall under the label of "reserve agent" by physically holding the notes with no recorded demand for redemption.

that's why you sign the back of your check, something that is not required if you are at the bank the check is drawn apon.

if you are cashing a payroll check drawn on BofA inside a BofA then all that's needed is an Id check, no endorsement.....if they try and charge a service fee on the instrument for not having an account then they have a bounced check, as it's an obligation to pay the face amount.

Americans need to learn how banking works, you should start with....

"endorsement"

because the Fed is the final clearinghouse for all checks, electronic "checks" included.

SoOLED said:

my question is why bother with him, I don't know how much he was dealing with, but even if it was 100k, still seems like a lot of work. I mean they were watching this guy for months that's not cheap. can you seize crypto's? even the free lockers are encrypted very well or may not even be in the US.

is the FR really worried about people walking away from the dollar. on the most extreme end it would be a revolution of sorts. rich people wouldn't be rich, and those with skills would survive. sounds like a good movie lol.

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hell yes they're worried. the emergency banking act of 1933 is still in effect right now. it was a bank run then and can be at any moment, hence why the "bankers holiday" was retained to this day.

competition is the enemy.

Consult with the Master.

Finshaggy said:

Lol, I have over $90,000 in reserve in Bitcoin.

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