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3 fatal flaws with digital crypto currencies in their present form....
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Original Message
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I read somewhere that there are 3 fatal pitfalls with a digital bit-coin
#1 In GOD Nobody We Trust
If you think the Global elite bankers are going to sit on the sidelines and let this take over, you are crazy. They are playing us all as fools.
#2 No Guarantees
Exchanges have already been hacked and stolen
#3 No Inherent Value
Just like there is no longer any value in the Fiat Currency we currently use, there is certainly no value in ones and zero's sitting in cyberspace..... Tell me, what is a fair price? A price based on wild speculation??
If you think The Powers that Think They Be are going to sit on the sidelines and let this take over, you are fooling yourself. they are behind this all the way. Just go look at the cover of the Economist magazine from 1988
(unable to paste link from silver doctors commentary)..... /headlines/world-news/world-cryptocurrency-not-gold-backed-yuan-in-light-of-the-1988-economist-magazine/
Snip "It is a growth-crippling prospect. Pencil in the phoenix for around 2018, and welcome it when it comes."
Is the value of Bitcoin the value of the flood of monies into the coin? Is this what it is worth? Pure Speculation!
Money that floods into these coins at a break neck speed, is this what gives it its value?
This is the stuff panzi schemes from the 80's were made of, (except now they live in digital world), those who get in early rake in the money from all the suckers, er people who got in late. They tout how they got rich (off OPM) and are living fat n happy now.
WOO HOO - Good for you, for getting in and getting out. Raking in profits on the suckers who came in behind you. Do you truly wear that badge of honor proudly? Do you look down on others who didn't get in? Couldn't get in? Or had the sense that something wasn't quite right with it?
A digital drug, intoxicating to those who jumped in early, those watching and are tempted to jump in now, and to those in control.
The Committee Called "They" call this a currency, Why? How is that possible?
How can there be price stability in a digital currency that has no limits and that is not backed by anything tangible?
The true definition of currency is to exchange one medium for another. Is this not suppose to be with some sort of stability?
If the value of the dollar right now is tagged to this crypto currency, then we are truly witnessing the de-value of our money right before our eyes.
For every dollar that floods into this 'currency', sucks the life blood away from the masses and makes people more dependent on a digital world and now not only a slave to the debt system we currently live in, but now a become a digital slave, more intwined in the wicked web we all helped weave....
You should be proud of your action.
We all know wallets can be stolen, hacked and now the pickpockets can do it while sitting in the comfort of their chair.
Help usher in the new age of coin, it will be implanted on the back of your hand soon enough, where else would it be safe?
But what do I know, this is just my 2 cents which, in my opinion, is worth more than any digital crypto coin...
Put your Trust in Jesus, the End is near....
IMHO
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