How to: Unbank Yourself (Bitcoin is not enough!) | |
Anonymous Coward User ID: 80839757 Luxembourg 12/12/2021 09:52 AM Report Abusive Post Report Copyright Violation | also people don't know that if you're using credit cards, you're enabling the monsters that are stomping on us and taking away our damn God given rights In the United States, the average credit card interest rate paid by interest-bearing accounts is 19.33%. The second largest source of income for credit card companies are fees collected from merchants. When a retailer accepts a credit card payment, a percentage of the sale goes to the card's issuing bank. |
Anonymous Coward User ID: 79971476 Switzerland 12/12/2021 09:55 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 80752293 United States 12/12/2021 10:02 AM Report Abusive Post Report Copyright Violation | Many on this site have demonstrated interest in blockchain technology and the use case of cryptocurrency. There's even a meme about it: Quoting: Bonfire :bitcoin: Anyway, so we are at disaster levels of incompetence in the financial sector. The cryptocurrency craze is in full swing and everybody is leering at everybody else whenever . bitcoin is elite invention, it is next step towards total control and manipulation of people. Simpletons don't see it as they are not IT people. Good IT people know bitcoin can be designed in to what banksters want, and it will not stay as it was initially invented due to many limitations, to solve them it will need to be change once changed it will not have properties once use to have. Real estate, precious metals, diamonds, hard assets. have 2-3% in crypto assets if you are adventures. But do not adopt it, or we all gonna be fucked royally. Use your imagination and think how the world will look where there is no cash and each transaction can be traced and performed with chip authentication. . |
Anonymous Coward User ID: 80276182 Australia 12/12/2021 10:02 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 80476045 12/12/2021 10:06 AM Report Abusive Post Report Copyright Violation | also people don't know that if you're using credit cards, you're enabling the monsters that are stomping on us and taking away our damn God given rights Quoting: Anonymous Coward 80839757 In the United States, the average credit card interest rate paid by interest-bearing accounts is 19.33%. The second largest source of income for credit card companies are fees collected from merchants. When a retailer accepts a credit card payment, a percentage of the sale goes to the card's issuing bank. they tried to pass a law that would force merchants to print the hidden fee the merchant is passing on in your reciept but they defeated that law... this has to be made on a federal level so people can see the cost of credit. but they dont want people asking the merchants hey whats this fee for. |
sre
User ID: 306960 United States 12/12/2021 10:07 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 59605405 United States 12/12/2021 10:07 AM Report Abusive Post Report Copyright Violation | So your solution is to hold rapidly depreciating assets like the USD shitcoin? Quoting: Anonymous Coward 79971476 Dumbass. You need to learn the difference between currency and money. My basement is full of copper pennies and nickels. It has real value unlike paper dollars that depreciate in value. [link to www.coinflation.com (secure)] |
Bonfire
(OP) User ID: 72772984 United States 12/12/2021 10:08 AM Report Abusive Post Report Copyright Violation | So your solution is to hold rapidly depreciating assets like the USD shitcoin? Quoting: Anonymous Coward 79971476 Dumbass. This is not a solution. This is the only option. Hold the elements (eg. copper coins) that make phones and computers and the Internet possible, since digital currency would not exist without copper cables and copper circuits and copper modems. The US coins are base elements first, currency second. Each has a melt value and a face value. Anyone interested in escaping the rapidly depreciating face value of USD will not overlook the opportunity to obtain inexpensive base value of copper coins. If you don't hold and trade coins before digital certificates then whoever owns the infrastructure owns you and all your electro-shitcoins. Do you enjoy climbing out on a limb only to cut off your branch? "Man, whose tool of survival is the mind, does not merely fail to teach a child to think, but devotes the child’s education to the purpose of destroying his brain, of convincing him that thought is futile and evil, before he has started to think." |
Anonymous Coward User ID: 69057032 United States 12/12/2021 10:15 AM Report Abusive Post Report Copyright Violation | Unless a nation is totally sovereign and self sufficient, meaning all money and resources are held within its borders, its people being armed to the teeth against enemies foreign and domestic there is no unbanking yourself. Only a matter of time before all money becomes digital, then it will be tied to nothingness, a mere digit in a world created by a person with programming capabilities. Voodoo money. |
Crypto-Tard
User ID: 78144147 United States 12/12/2021 10:23 AM Report Abusive Post Report Copyright Violation | also people don't know that if you're using credit cards, you're enabling the monsters that are stomping on us and taking away our damn God given rights Quoting: Anonymous Coward 80839757 In the United States, the average credit card interest rate paid by interest-bearing accounts is 19.33%. The second largest source of income for credit card companies are fees collected from merchants. When a retailer accepts a credit card payment, a percentage of the sale goes to the card's issuing bank. The 2% credit card merchant fees are a huge tax on the economy. If a business makes a 10% profit, these fees are a 20% tax on profits. When you are afraid of losing your life, you have already lost your life. Don't be afraid. |
mondali2
User ID: 81488079 Thailand 12/12/2021 10:25 AM Report Abusive Post Report Copyright Violation | Don't hold just any US coin, hold us coins that are real gold, real silver and real copper. All of which have stopped being minted. Junk silver is the best at this time. Our pennies are not 100 percent copper anymore. basically almost worthless. mondali2 |
Anonymous Coward User ID: 80562797 United States 12/12/2021 10:25 AM Report Abusive Post Report Copyright Violation | |
Eilonwy
User ID: 81328201 United States 12/12/2021 10:26 AM Report Abusive Post Report Copyright Violation | |
Bonfire
(OP) User ID: 72772984 United States 12/12/2021 10:26 AM Report Abusive Post Report Copyright Violation | Unless a nation is totally sovereign and self sufficient, meaning all money and resources are held within its borders, its people being armed to the teeth against enemies foreign and domestic there is no unbanking yourself. Only a matter of time before all money becomes digital, then it will be tied to nothingness, a mere digit in a world created by a person with programming capabilities. Voodoo money. Quoting: Anonymous Coward 69057032 Hold on there partner. The US has existed without banking in years prior. The mint presses coins for this very purpose. No amount of credit can get the mint smashing gold stellas, otherwise with the National Debt we've got we'd be flush with crowned liberties. No bank is necessary to mint and trade coins. If you hold coins and support the mint you will be what is standing in the way of a world of nothingness. "Man, whose tool of survival is the mind, does not merely fail to teach a child to think, but devotes the child’s education to the purpose of destroying his brain, of convincing him that thought is futile and evil, before he has started to think." |
Pentagonal#Triangle
User ID: 76697546 Romania 12/12/2021 10:27 AM Report Abusive Post Report Copyright Violation | You need to learn the difference between currency and money. My basement is full of copper pennies and nickels. It has real value unlike paper dollars that depreciate in value. Quoting: Anonymous Coward [link to www.coinflation.com (secure)] Thanks for the tips,so 1kg of pennies is a dual investment with the same amount of currency |
Anonymous Coward User ID: 81473371 United States 12/12/2021 10:28 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 80257640 United States 12/12/2021 10:29 AM Report Abusive Post Report Copyright Violation | Don't hold just any US coin, hold us coins that are real gold, real silver and real copper. All of which have stopped being minted. Junk silver is the best at this time. Our pennies are not 100 percent copper anymore. basically almost worthless. Quoting: mondali2 So what years did they make real gold, silver and copper coins? You cut a penny open and it's not copper all the way through. Was there a date when they made real copper pennies? |
Anonymous Coward User ID: 80562797 United States 12/12/2021 10:32 AM Report Abusive Post Report Copyright Violation | Don't hold just any US coin, hold us coins that are real gold, real silver and real copper. All of which have stopped being minted. Junk silver is the best at this time. Our pennies are not 100 percent copper anymore. basically almost worthless. Quoting: mondali2 So what years did they make real gold, silver and copper coins? You cut a penny open and it's not copper all the way through. Was there a date when they made real copper pennies? 1909-1982 1 US Penny was 95% copper [link to www.coinflation.com (secure)] |
Anonymous Coward User ID: 80905985 Algeria 12/12/2021 10:37 AM Report Abusive Post Report Copyright Violation | |
mondali2
User ID: 81488079 Thailand 12/12/2021 10:40 AM Report Abusive Post Report Copyright Violation | |
Bonfire
(OP) User ID: 72772984 United States 12/12/2021 10:42 AM Report Abusive Post Report Copyright Violation | Well.. if it wasnt for my coke infatuation when it was aboot 700 a coin and since I spend 4K over 5 years smoking that bullshit.. Id be a millionaire now.. Quoting: Anonymous Coward 80905985 Id chalk that shit down to bad choices in life Is that what everyone uses Bitcoin for? I was wondering why nobody has seemed at all interested in trading crypto for goods or physical labor...they were only in for the drugs and I was in for the tech. "Man, whose tool of survival is the mind, does not merely fail to teach a child to think, but devotes the child’s education to the purpose of destroying his brain, of convincing him that thought is futile and evil, before he has started to think." |
Anonymous Coward User ID: 80257640 United States 12/12/2021 10:47 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 48669717 United States 12/12/2021 11:05 AM Report Abusive Post Report Copyright Violation | Some thoughts on this topic "unbanking" is a good idea IMO, but people have different specific reason to do it. keep in mind that withdrawing large amounts of cash is reported by your bank to the IRS. If you withdraw cash in increments attempting to avoid the disclosure, the bank will report you to the IRS as "structuring" which is illegal. Even If you buy gold or in increments that break the threshold somewhere in the neighborhood of 10k, is must be reported on form 8300. Buy gold, below reporting threshold, Trying to involve as few entities as possible in the transaction. Probably coins in different dominations (it is higher in cost) but as a currency it works better than chipping chunks from a bar, and is less likely to leave buyer or seller with a balance due. Buy gold jewelry and trinkets with verified value (documented if possible) as untraceable bartering material. The Above IMO, is best to hedge against hyperinflation and as survival currency. It is not an investment tool. |
Anonymous Coward User ID: 59605405 United States 12/12/2021 11:06 AM Report Abusive Post Report Copyright Violation | Any United States dime, quarter, half dollar or dollar that is dated 1964 or earlier is made of 90% silver. Quoting: mondali2 Nickels were not silver Are nickels worth saving? Are all dates of them okay? Yes, contains copper, is real US Treasury money and is not the Federal Reserve currency. |
Endtimewatchman10
User ID: 76376503 United States 12/12/2021 11:10 AM Report Abusive Post Report Copyright Violation | Don't hold just any US coin, hold us coins that are real gold, real silver and real copper. All of which have stopped being minted. Junk silver is the best at this time. Our pennies are not 100 percent copper anymore. basically almost worthless. Quoting: mondali2 Endtimewatchman1 |
Anonymous Coward User ID: 79902617 Canada 12/12/2021 11:13 AM Report Abusive Post Report Copyright Violation | you might think that if you are paying off your credit card and not paying interest that they are not gaining anything from you. However, those card transactions generate more than 2% profit for the banks, which is charged to the merchant and in turn passed on to you. Ask for a discount for paying cash and use cash instead |
Endtimewatchman10
User ID: 76376503 United States 12/12/2021 11:14 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 79232058 United States 12/12/2021 11:17 AM Report Abusive Post Report Copyright Violation | I knew of bitcoin back in 1991. some of you werent even born then and some of you were still trying to decide if you wanted to sign up for AOL dial up. They were used as "markers" for underworld transactions ( think of john wick shit ) Unless someone holding the "coin" passed it on to you or you mined it , it was impossible to get your hands on some. "mining" was permission based. you needed to be a "made" entity to be able to mine. mainly used for human trafficking, arms%weapons, drugs At the time, I was solicited by a non arab middle eastern company that wanted to buy out my tech company ; and if agreed, the monies would be in bitcoin. I was given uncommon knowledge of their banking system. The war in iraq was still on and added to the mix of human trafficking,drugs,arms&weapons....now also ART & ANTIQUITIES.. tbc........ |
Anonymous Coward User ID: 79904754 United States 12/12/2021 11:17 AM Report Abusive Post Report Copyright Violation | So your solution is to hold rapidly depreciating assets like the USD shitcoin? Quoting: Anonymous Coward 79971476 Dumbass. You need to learn the difference between currency and money. My basement is full of copper pennies and nickels. It has real value unlike paper dollars that depreciate in value. [link to www.coinflation.com (secure)] Which is a big reason Trump had to go. He would have returned the US to Treasury Notes...owned by & accountable to US Citizens. Instead we now have "Federal Reserve" notes, private loans by a central bank to the US Govt which represent DEBT owed by the US Citizen to the Federal Reserve Bank. That's right, every dollar printed is DEBT owed by you & your children to globalist bankers. Thing is...that debt is never loaned either the intention it will be repayed...default & perpetual debt slavery is a much more enticing outcome to the central banks & their cohort. Once you understand this...you'll realize a real copper nickel is in reality infinitely more valuable than a pile of counterfeit green paper printed up in the latest "stimulus". |
Another Brick in the Wall
User ID: 81141003 United States 12/12/2021 11:25 AM Report Abusive Post Report Copyright Violation | |