2 votes

Bix Weir: Why Silver Bugs Should LOVE BitCoin!

He gets it mostly right but his FAITH in government to do the right thing is laughable....

So the race out of fiat has begun and for the first time in monetary history there is a TRANSITION CURRENCY that may be widely accepted BEFORE the fiat system implodes! Don't get me wrong....Bitcoin will have many gyrations as it rises and some will be artificial (Yes-banks and governments are in the Bitcoin game) but it is still better than fiat so it will continue to rise. Bitcoin will likely go to a $Million Dollars per coin as the fiat system fails because it is still much better than anything the Global Banking Cabal has to offer. But then what? What will those BitCoin multi-trillionaires do with their new found fortune?

BUY PHYSICAL SILVER OF COURSE!

And that's the very best thing about Bitcoin - the inevitable END GAME. You already know how it will go down as EVERY unbacked currency in the history of money has FAILED. Every single one and people always, and I MEAN ALWAYS, return to using gold and silver as money. It will be no different this time with BitCoin.

These BitCoin people are not stupid. They understand currencies better than most. They know BitCoin is a very good form of money...
http://www.roadtoroota.com/public/1296.cfm

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update 2

Everything is coming into line on the Road to Roota and you should be sitting on the sidelines, out of their system, with your stacks of physical silver (and a nice supply of Bitcoin) for when the banking system fails.

*NOTE: US Silver Eagle sales have now officially surpassed all historical sales records…EVER! In 2013 the US Mint has sold 41,824,500 ounces and that is WITH massive rationing throughout the year on the orders of US Treasury Secretary, Jack Lew.

Wanna bet that that the huge jump in Silver Eagle sales is due to the new Bitcoin millionaires? There is nothing more bullish for silver than a rising Bitcoin price!

More Bitcoin-to-Silver sales to come in 2014 as Bitcoin surpasses $10,000 per coin on it’s way to $1M per coin when the banks collapse!

For Xmas this year EVERYBODY on my list gets physical Silver and Bitcoin!

May the Road you choose be the Right Road.

Bix Weir
www.RoadtoRoota.com

Official Daily Paul BTC address: 16oZXSGAcDrSbZeBnSu84w5UWwbLtZsBms
My ฿itcoin: 17khsA7MvBJAGAPkhrFJdQZPYKgxAeXkBY
http://www.dailypaul.com/303151/bitcoin-has-gone-on-an-insan...

update

Bix Weir–Bitcoin To Infinity 13.Nov.13

Official Daily Paul BTC address: 16oZXSGAcDrSbZeBnSu84w5UWwbLtZsBms
My ฿itcoin: 17khsA7MvBJAGAPkhrFJdQZPYKgxAeXkBY
http://www.dailypaul.com/303151/bitcoin-has-gone-on-an-insan...

Greenspan-Feinstein-Pelosi fan

Bix Weir claims that Alan Greenspan, Diane Feinstein & Nancy Pelosi are good people.

http://www.roadtoroota.com/public/101.cfm

I've listened to some of his bizarre ramblings on SGT report before. Personally, I feel he has no credibility when he points to Alan Greenspan as a good guy due to his association with gold standard during younger Ayn Rand years.

Immoral funding of Military Industrial Complex by Federal Reserve and US taxation system must stop!!!! End illegal/unconstitutional wars! Preserve US currency!
http://facebook.com/NoPropagandaZone
http://twitter.com/the_chiefe71

Thanks for posting that link!

Can't say that theory makes any sense at all

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Aye aye

Yeah, there you go. I'm not talking about the commentary like in your own link. (BTW, I'm not the one who downvoted you on that. I don't unnecessarily like to downvote, except for obvious trollers.) I was fully well aware of Greenspan's so-called "good" past related to gold standard. I believe even Ron Paul, Murray Rothbard or Milton Friedman had communication w/ him about these things during his "good" period.

As you gathered from my link: Bix Weir claims ***TO THIS DAY*** that Greenspan is a good guy & putting on pretense of going along with fascists to achieve noble goals from his youth. Either totally deluded or intentionally causing confusion on Bix's part.

The direct giveaway is his mention of Feinstein & Pelosi as good people. That itself makes me feel Bix is saying all such things intentionally, being a controlled gatekeeper. I mean, simply calling those 2 fascist women as "good", because they attended a ribbon cutting ceremony @ San Francisco mint for Silver Eagle inauguration?!?! He's got to be kidding me.

Immoral funding of Military Industrial Complex by Federal Reserve and US taxation system must stop!!!! End illegal/unconstitutional wars! Preserve US currency!
http://facebook.com/NoPropagandaZone
http://twitter.com/the_chiefe71

Correct so what that Greenspan hung around Ayn rand

And then became a fan of power and debased the currency
I cover that here http://smaulgld.com/negative-interest-rates-and-janet-yellen/

And the transition of the "ring" to yellen http://smaulgld.com/janet-yellen-and-the-precious-printing-p...

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Why bitcoiners should love the Pet Rock

http://en.wikipedia.org/wiki/Pet_Rock
Pet rock needs to be digitized

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i figured you for a bix weir roodtoroota fanboy

most of us silverbugs are.

thank god i have btc to get me through these dark days of metal hell.

Official Daily Paul BTC address: 16oZXSGAcDrSbZeBnSu84w5UWwbLtZsBms
My ฿itcoin: 17khsA7MvBJAGAPkhrFJdQZPYKgxAeXkBY
http://www.dailypaul.com/303151/bitcoin-has-gone-on-an-insan...

I never heard of vixen weir or rotarota fan boy!

Bitcoin right now has been a good hedge for pm holders something max keiser has advocated for awhile.

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Just read bix' article and what spell check to to his name above

He is right about the race out of fiat but I don't buy his belief that governments will return to sound money and that will kill bitcoin and drive silver higher.
Rather currencies will self destruct and competition will pick winners (negative interest rates will hasten fiat currencies' declines'). Bitcoin is a friend of silver as they are both alternative and it makes sense at some point for bitcoiners to take some profits and diversify /rebalance into silver

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good to see

you're finally coming around.

Official Daily Paul BTC address: 16oZXSGAcDrSbZeBnSu84w5UWwbLtZsBms
My ฿itcoin: 17khsA7MvBJAGAPkhrFJdQZPYKgxAeXkBY
http://www.dailypaul.com/303151/bitcoin-has-gone-on-an-insan...

If you read everything I written I have never opposed

Alternative currencies. My comments on bitcoin have focused on two main complaints
-the made up value based on a computer mining game
-the current distorted price.
I did not criticize bitcoin for years- what drew me to criticize and doubt it was the massive and unexplainable rise in price in one month.
Something is amiss.
I have written extensively about issues regarding the fed and its debasement of the dollar. I also am not a huge fan of gold or the gold standard.
If you think about it the main reason bitcoiners don't like backed currencies is fear that they could get shut down.
So they invent a currency based on nothing.
The better approach is to defend property rights and let people use what they please- if they could we would have more options than just invented currencies all ending with "coin"

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