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Bitcoin vs Gold, which one is better?


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2 minutes ago, Macnamara said:

 

i think people are going to find that life boils down to some very simple things: shelter, food and fuel

 

I believe that food and fuel are two of the ways that the elites are going to control humanity through orchestrated scarcity

 

That's why i always bring the focus back to the land

Yeah for sure mate, if things really hit the fan, then what folks want is food, shelter and energy.

 

The best investment imo is in yourself! You could give everybody a million pounds, and most of would end up in the same hands after a while. Everything in life is a "hack" or a programme - so you can learn to keep hold of money, make more of it, make shelter, make energy. grow food. These skills, rather than things will be invaluable if we reach Mad Max stage imo.

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2 minutes ago, Mr H said:

Yeah for sure mate, if things really hit the fan, then what folks want is food, shelter and energy.

 

The best investment imo is in yourself! You could give everybody a million pounds, and most of would end up in the same hands after a while. Everything in life is a "hack" or a programme - so you can learn to keep hold of money, make more of it, make shelter, make energy. grow food. These skills, rather than things will be invaluable if we reach Mad Max stage imo.

If it flows through out of ya, don't you think it's about how much flow through you than how much you keep?

It's all about how much it comes to you and how much flows out. If your expenditure is more than inflow, there will be a problem obviously.

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Just now, DaleP said:

If it flows through out of ya, don't you think it's about how much flow through you than how much you keep?

It's all about how much it comes to you and how much flows out. If your expenditure is more than inflow, there will be a problem obviously.

I think some people have blocks that stop money flowing to them for sure. And expenditure less than income is definitely a good starting place if you want to start accumulating financial wealth.

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2 minutes ago, Mr H said:

I think some people have blocks that stop money flowing to them for sure. And expenditure less than income is definitely a good starting place if you want to start accumulating financial wealth.

 

Yeah like buying when it is a bull trap. 🤦‍♂️

I think there will be a spike for a week or so...it always peaks in the first week of April then down hill from there for the next 3 years. 😱

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10 minutes ago, Mr H said:

 if we reach Mad Max stage imo.

 

i'm not really worried about a mad max situation

 

I'm concerned that the elites are going to squeeze us all so that we feel helpless and dependent so that they can then lead us all into the technocracy

 

They want us using their digital currency so they will need to get rid of the current fiat currency. They want us on rationed food so they need to create shortages in the food supply

 

They want us all hooked into a 'smart grid' of interconnected wifi devices so they will need to start squeezing out alternatives from the market

 

A lot of people maybe be feeling bold at the moment but it is amazing how quickly tigers can turn into kittens when the food runs out. So to keep that tiger spirit alive we cannot allow them to starve us into submission

 

 

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13 hours ago, oddsnsods said:

Come across this earlier, wondered any views? Things are about to get very interesting.

Not sure how BTC would react to stagflation if it cant move away from fiat. Maybe RUB is the stable coin of the future.

 

Image

I honestly can't believe what I am seeing. I knew the petro dollar would end at some point, but never thought like this, as a result of the actions of the US themselves and to maybe be replaced with the ruble, almost unthinkable!

 

I mean the petro dollar system is the no 1 thing the US has to protect outside of it's borders for national security so to palm it off to the ruskies, is more than odd. As senile as Biden maybe, I'm sure there are game theory strategists in the white house and they must have seen this would happen. Makes me initially think this is part of a deliberate attempt to destroy the United States.

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2 hours ago, Mr H said:

Makes me initially think this is part of a deliberate attempt to destroy the United States.

 

That is indeed the plan.

 

And the blame will then be laid squarely at Biden's feet, the fall guy, the man who the elites put in place to help make this happen.

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Should I order some RUB now?

He mentions of deflationary effect 😛 so that means RUB is not printed off a printer and only finite amount pegged with gold available?

I have no idea about RUB, never interested before.

I could invest like £100 (11,091.63 RUB currently on xe.com) and see if it does 100x

Reminds me of SHIB time

Having said this, the chart has come down already...see bottom of this page.

https://www.xe.com/currencyconverter/convert/?Amount=100&From=GBP&To=RUB

 

 

Do you know any reputable Russian CEX? lol

Edited by DaleP
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3 hours ago, DaleP said:

Should I order some RUB now?

He mentions of deflationary effect 😛 so that means RUB is not printed off a printer and only finite amount pegged with gold available?

I have no idea about RUB, never interested before.

I could invest like £100 (11,091.63 RUB currently on xe.com) and see if it does 100x

Reminds me of SHIB time

Having said this, the chart has come down already...see bottom of this page.

https://www.xe.com/currencyconverter/convert/?Amount=100&From=GBP&To=RUB

 

 

Do you know any reputable Russian CEX? lol

I don't think they are on 100% gold standard.

 

I think the deflationary effect is the increased demand for Rubles will strengthen the currency = more competition for Rubles, means higher prices in local currency, inversely deflating the Ruble relatively speaking.

 

Not sure how you get your hands on rubles though

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2 hours ago, Mr H said:

I don't think they are on 100% gold standard.

 

I think the deflationary effect is the increased demand for Rubles will strengthen the currency = more competition for Rubles, means higher prices in local currency, inversely deflating the Ruble relatively speaking.

 

Not sure how you get your hands on rubles though

 

The chart looks like it has already peaked and it's gonna go side way.

Probably those in the know sold it at the top. Typical!!

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Quote

 

*sigh*

 

Binance still does?

 

Everyone is buying. https://capital.com/bitcoin-to-russian-ruble-chart

 

If you go backs and foward between the 'Mods causing distruption' thread and this thread....it drives you insane. 😅

I feel like I need a drink. lol 🤪

Edited by DaleP
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  • 2 weeks later...

Interesting perspective from Rick Rule - whoever he is.

Says politico's dont push for adoption of a gold standard because it limits their ability to manipulate the economy which is a good point and a good reason for ordinary people to favour gold and silver as a unit of exchange.

 

 

Edited by zarkov
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20 hours ago, zarkov said:

Interesting perspective from Rick Rule - whoever he is.

Says politico's dont push for adoption of a gold standard because it limits their ability to manipulate the economy which is a good point and a good reason for ordinary people to favour gold and silver as a unit of exchange.

 

 

Rick Rule I think was head at Sprott Capital - I think he is definitely someone worth listening to, he really tries to educate people - obviously has a bias towards Gold due to his previous role and skill set. But yes it's true. Essentially having a gold standard puts a cap on goverment spending. That's one of the reasons they ditched the gold standard in the 70s.

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2 hours ago, Mr H said:

Rick Rule I think was head at Sprott Capital - I think he is definitely someone worth listening to, he really tries to educate people - obviously has a bias towards Gold due to his previous role and skill set. But yes it's true. Essentially having a gold standard puts a cap on goverment spending. That's one of the reasons they ditched the gold standard in the 70s.

 

I like that these type of channels clarify the distinction between money (gold) and other tokens of currency.

With fiat Debt tokens such as $, £.... there is counter party risk. (Canadas bank freezing,  russian sanctions, QE, imf loans etc) 

With gold and silver there is no counter party risk!

 

No ID required, just ownership.

Its a pure mode of exchange.

 

I wonder what a 1:1 ratio gold standard would look like?

It would remove the perceived necessity for central banking!

Not sure that our convenience culture would like it though!

 

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5 hours ago, zarkov said:

 

I like that these type of channels clarify the distinction between money (gold) and other tokens of currency.

With fiat Debt tokens such as $, £.... there is counter party risk. (Canadas bank freezing,  russian sanctions, QE, imf loans etc) 

With gold and silver there is no counter party risk!

 

No ID required, just ownership.

Its a pure mode of exchange.

 

I wonder what a 1:1 ratio gold standard would look like?

It would remove the perceived necessity for central banking!

Not sure that our convenience culture would like it though!

 

If you don't follow already Mike Maloney is worth watching https://www.youtube.com/c/Goldsilver

 

The Money Masters documentary is also a must watch if you haven't already https://www.bitchute.com/video/clP3b1lM2on2/

 

I'm not entirely sure if we had 1:1 Gold/Fiat previously or whether it has always been fractional reserve in some form. But I guess it would mean smaller Government, much more so than we see today. We would also see less real inflation i.e. they wouldn't be able to print more currency and give it to their friends to spend in the markets pushing up consumer prices for normal folks. And it also would mean that people's wages would be a lot higher in purchasing power terms.

 

It depends on how you buy your gold as to whether counter party risk and ID checks. If you store it in a vault there is some counter party risk. And a lot of places require ID to buy it. I think if you buy it from a more local dealer you probably wouldn't have to bother so much with those things. The main risks and problems for me with gold is risk of theft if you self custody and also it's not very easy to transport if you need to move and it's very difficult to cross borders with it without declaring it. This is one thing Bitcoin has big advantage over it.

Edited by Mr H
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  • 1 month later...

Bitcoin- already owned by the FED ( whistleblower last year)

Crypto- training ground for digital currency acceptance the govt want so badly

Blockchain- owned by the FED etc

gold and silver....if shit does hit the preverbial fan, who is gonna want to exchange a piece of gold for a loaf of bread, or a few eggs or anything else come to that.

The only way out is to extract totally from THEIR systems-( including tech)

 

Non of the above has any true value, its ALL perceived value based on what we are told to believe. Why do we need ANY unit of exchange? Its all programming. We will all need to let go of currency one way or another, either forced or willingly.

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14 hours ago, RobinJ said:

Bitcoin- already owned by the FED ( whistleblower last year)

Crypto- training ground for digital currency acceptance the govt want so badly

Blockchain- owned by the FED etc

gold and silver....if shit does hit the preverbial fan, who is gonna want to exchange a piece of gold for a loaf of bread, or a few eggs or anything else come to that.

The only way out is to extract totally from THEIR systems-( including tech)

Thaaaat's wwwwhy people are busing making money so that they can say good bye to the system. 🤦‍♂️

Anyway, the key is to get out they pull the plug. And you might ask, how will you know that?

This is why you need to tag along and listen to their timescale.

 

14 hours ago, RobinJ said:

Non of the above has any true value, its ALL perceived value based on what we are told to believe. Why do we need ANY unit of exchange? Its all programming. We will all need to let go of currency one way or another, either forced or willingly.

 

Ideally yes but look at this. It's nooot gonna happen.

18 hours ago, Doc said:

IMG_20220607_204715.jpg

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Yes, any of those things are really just a tool for now to help an exit. You wouldn't believe how many freedom people Ive met in the last 2 years who think all they have to do is have crypto / gold / both and they will survive because of it.

Its nonsense of course. They will survive if they are spiritually evolved, zero to do with currency.

People are so used to being told 'this is how you can live' that they can't let go. This process we are going through of transition is all about letting go- of people, things, ideas, dark emotions. Its all a release to fell the lightness of spirit required to move forward.

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On 6/8/2022 at 12:38 AM, RobinJ said:

Bitcoin- already owned by the FED ( whistleblower last year)

Crypto- training ground for digital currency acceptance the govt want so badly

Blockchain- owned by the FED etc

gold and silver....if shit does hit the preverbial fan, who is gonna want to exchange a piece of gold for a loaf of bread, or a few eggs or anything else come to that.

The only way out is to extract totally from THEIR systems-( including tech)

 

Non of the above has any true value, its ALL perceived value based on what we are told to believe. Why do we need ANY unit of exchange? Its all programming. We will all need to let go of currency one way or another, either forced or willingly.

 

If all forms of monetary exchange were to be removed with people only using or taking what they need in a mutually inclusive arrangement  i think it could cause a radical value system change for the better that would filter out and transform society entirely. There's always been enough for every one.

 

An intermediary to that might be to extricate the banking centrists from our society and gold/silver could do that.

But its their game, this is their controlled car crash and they appear to have done it repeatedly and metals have always historically proven of value.

 

I agree with you though - all programmed to think we need a unit of exchange.

Hoarding may be useful during times of scarcity but during times of abundance its clearly a mental illness and from that money/units of exchange extends the madness among an unsuspecting population. The mind virus pandemic!

 

 

 

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1 hour ago, zarkov said:

 

If all forms of monetary exchange were to be removed with people only using or taking what they need in a mutually inclusive arrangement  i think it could cause a radical value system change for the better that would filter out and transform society entirely. There's always been enough for every one.

 

An intermediary to that might be to extricate the banking centrists from our society and gold/silver could do that.

But its their game, this is their controlled car crash and they appear to have done it repeatedly and metals have always historically proven of value.

 

I agree with you though - all programmed to think we need a unit of exchange.

Hoarding may be useful during times of scarcity but during times of abundance its clearly a mental illness and from that money/units of exchange extends the madness among an unsuspecting population. The mind virus pandemic!

 

 

 

yes, and IMHO this is what we should be aiming for- to extract ourselves totally so we really can view the whole system from top down and how we have been played.

All currency is control because we dont own any of it or the tech that runs it all.

If you want out of the control grid, then you have to abandon it all. It really is an all in, or all out, kinda game this one. There are no half measures. And, perhaps, this is the true lesson we should be learning- having the courage to stick two fingers up to their control grid and go it either alone or with friends etc that have the same mindset.

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