from our bank accounts. It's worse than a tax because a tax is visible and we know who the perpetrator is.
Money is stolen from our bank accounts through the invisible tax of inflation and Ben Bernanke is the head of the crime syndicate that is responsible for this.
Ron Paul said this. When the local crime syndicate prints money it's called counterfeiting. When the Federal Reserve prints money, it's called good monetary policy.
You know what government can't steal?
I'm sure government hackers can.
All the government would have to do is say anyone found sending or receiving bitcoin payments will be guilty of a felony and get 10 years in prison.
or, they can just pull the plug on the internet.
“Let it not be said that no one cared, that no one objected once it’s realized that our liberties and wealth are in jeopardy.”
― Ron Paul
They're too dependent on the internet to pull the plug. And bitcoin tansactions are anonymous. Good luck!
Those who expect to reap the blessings of freedom, must, like men, undergo the fatigue of supporting it. ~Thomas Paine
Not only are they anonymous, but they can't be undone by "government hackers". Best case scenario, they can block your future spend *IF* they have more hashing power than the rest of the Bitcoin network.
This network currently has a combined hasing power 10 times greater than the world's most powerful super-computer, so building such a government hack machine is going to be really damn expensive...
...and futile, considering people could just switch to Litecoin, which uses a completely different hashing algorithm.
GG, gubmint, u lose!
...u mad bro?
I'm sticking with gold and silver. You guys are fooling yourselves. All they have to do is make the entire thing illegal...like online gambling. They can block access to any of these Bitcoin type networks.
You know Obama plans to seize the money from everyone's bank accounts in the Us. There was a judge named Judge Jhon Roll who was about to make a ruling saying that would have prevented Obama from seizing the money from everyone's bank accounts but before he had a chance to do it he was assassinated in the same place that gabrialle Giffords was shot at by the same gunman along with a couple of others according to eyewitness who were there. Judge Jhon Roll was the real target not Gabrielle Giffords. If you look at the pictures of the shooting or video of the shooting even though Gabrielle Giffords was shot in the head there was no blood. When ever anyone is shot in the head there is blood. Now why is that. The reason is that according to eyewitnesses who have spoken out she was shot at with fake bullets.
I cannot understand why the US would seize our deposits. They have unlimited funding through the FED. They are stealing our value through money printing. Why on earth would they change it up and start robbing us in front of our faces?
I understand Cyprus. Cyprus can't print their way out and the EU doesn't want to dilute their value further by doing it for them, so the rob the citizens of Cyprus. But seriously why would the US government rob us in daylight when they are doing just fine robing us through inflation of the money supply?
If you have a ratio you're monitoring which is based on "C = A / B", you can increase that ratio by increasing A. However, there comes a point of diminishing returns where the increase in A basically yields a linearly growing C. Now, if you take B and reduce it, your C will change exponentially. If you really want hyper-fast growth in C, let B get close to zero and see what happens.
They have "A" wealth and we have "B" wealth and their power (the wealth they'll retain after a crash) equates to the ratio "C".
We're reaching the exponential stage of the crash.