Subject:
Why Bitcoin Matters
Like most things I have
looked at and talked about in the Road to Roota Letters there will be people
who love to shoot down any "new" concept. It was true when I
advocated holding physical gold and silver in your own possession. It was true
when I showed how Greenspan was TRYING to destroy the monetary system with his
computer programs. It was true when I showed how the Federal Reserve Bank was
in on the plan to return the US to a Gold Standard.
And it was true when I
started advocating Bitcoin to complement your precious metal holdings.
By now you should have come
to the realization that Bitcoin will be here for decades to come. It's not a
"Ponzi Scheme", "Pump and Dump Con" or another "Bubble
About to Pop". It is something NEW. Something the world desperately needed
and the Universe provided. There is currently a HUGE amount of investment
capital going into building out the infrastructure for Bitcoin and the adoption
rate continues to grow rapidly. If you don't already, you need to understand
that the success of Bitcoin does NOT depend on YOUR participation as there are
millions of people already participating in it...and BILLIONS more that will be
using it in the future.
As the current Fiat Monetary
System continues to self destruct the REAL potential for Bitcoin will emerge in
the public consciousness. That still lies ahead for Bitcoin. There will no
longer be "bubble talk" but rather widespread feeling of RELIEF that
there was something waiting in the wings other than the Bankster's flawed
monetary model.
For those still confused I
would suggest reading the following article from one of those people who
understands where this technology is going and is putting his money where his
mouth is: Marc Andreessen (founder of Netscape and investor in dozens of other
internet infrastructure related companies like Facebook, Twitter, Skype...need
I go on?!)
Why Bitcoin Matters
As for me, I will continue to
buy Bitcoin and accept it as payment for Private Road Subscriptions....and you
if you pay with Bitcoin you get a substantial discount.
Oh, before you ask the
standard question: "How do I get some Bitcoin?" Here's my primer on
joining the Bitcoin community:
It's a damn good idea that
has been given to us at the perfect time.
May the Road you choose be
the Right Road.
Bix Weir
3 comments:
Yeah Bix! You've been wrong on gold and silver and you'll be wrong on Bitcoin. Just wait until the government gets their hands on it. They're already talking about requiring a 1099 IRS form. This is also a cyber currency. One click by a hacker or the guberment can wipe out your account. Buyer Beware! Bix Weir is a con man.
OK, So here's the deal. If you believe this thing is anonymous, then you need to go sit in the corner and wear a dunce cap until you regain your sanity. What'd it take to track down D. P. Roberts, two weeks?
BitCoin is a central planer's wet dream. It tracks and records everyone that touches it. If they could have figured out a way to do it with paper currency, BitCoin would never have happened.
I know that common sense is a rare commodity in this day and age, but consider that no one knows who built it, exactly how it works, how many "back doors" it has, or what it's ultimate purpose is.
Don't walk, RUN away from this monster. If you trust your financial future to a digital fiat currency, you are even dumber than those of us who trusted a paper fiat currency - and we were dumb enough for all of us.
This "thing" has all the earmarks of a centrally planned trap. All that's required is "the key" - then they own your ass. It's not open source, so no one is watching the watcher.
Danger Will Robinson, Danger Danger!
Here's a clue...and it doesn't require any payment in Bitcoin or is that Buttcon. Remember the guy out in Las Vegas that was minting and sell gold and silver "Liberty " coins. The federallies couldn't crack down on that "Legal" operation fast enough because they thought it would compete with FRNs.
Now Bitcoin shows up and they (The Feds) are fine with it.
Here's the common sense litmus test for anything from government (at any level).
If they are saying it's bad or dangerous...go for it,
If they say it's the best thing since sliced bread...turn and haul-a$$ in the opposite as fast as you can motor.
Post a Comment