If Bitcoin is ‘unsafe’, the world monetary system is more unsafe. See China’s major reaction to Bitcoin below
‘I view my monthly Bitcoin purchase as a donation to unseat the bankers as the puppet masters of our world. If it gains in value, fantastic, but I will never sell them for dollars. If vendors choose not to accept them, then they won’t get my business. If it goes to zero; well, it was certainly a better option than contributing to Campaign for Liberty to get a partial audit of the Fed, right? But, to be clear, I’m firmly convinced that Bitcoin will be the world’s reserve currency.
‘Actually, the Bitcoin protocol has more potential than merely rendering the banks and Wall Street obsolete. It could become the global ledger of companies, stocks, contracts, patents, insurance and so on without the need for paper pushers in the middle. This protocol changes everything. The sooner you comprehend that, the better for you and for society. But that’s a whole other article…’
For now, here are ten ways Bitcoin is better than the Federal Reserve System:
China Bans Financial Companies From Bitcoin Transactions
I see this as proof that China had become ultra-Capitalist and has ceased to be a ‘rebel’ nation
“It represents an unofficial leakage to the current monetary system and trades globally. It is difficult to regulate and could be used for money laundering. I think the central bank is right to make this move.”
The President of Us is not allowed to use an iPhone due to security risks!
‘President Barack Obama acknowledged yesterday that he is not allowed to use an iPhone due to security concerns. Instead, the leader of the free world is relegated to using a “super-encrypted” BlackBerry device.
‘During a White House gathering of youngsters meant to promote Obamacare, Obama on Wednesday explained that while his daughters are avid iPhone users, he himself is not alowed to have one.
“‘I’m not allowed for security reasons to have an iPhone,” Obama explained…’
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