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The pro-gun advocates point to the 2nd amendment of America's Constitution, citing Americans' right to bear arms as a protection against tyrants. Pro-Bitcoin advocates want protection against tyrants, too. The difference is how these two groups define tyranny.
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MaxCoin is competing for the crypto buck, if you will. So is Bitcoin, so is Dogecoin. Alt-coins are proving to be formidable because there's a solid community behind it, there's a use for it, and it's got a great market capitalisation. I think that's going to be a winner.
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Activists can improve their alternative media success by embracing alternative currencies like Bitcoin.
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I am pro-capitalism, and I am pro-free market.
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Starting in the mid-1990s, the end-to-end ubiquity of the Internet, combined with its cheapness, spontaneously combusted to give us Napster - a site that revolutionized the music industry overnight. We got P2P file swapping in the film and TV industry as well.
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I follow Rick Falkvinge, who founded the Swedish Pirate party and was one of the very early adopters of Bitcoin.
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In 1971, the U.S. 'closed the gold window,' starting an era of global fiat money reference-pricing that has been unprecedented in history. Never before had the world operated on the basis of no country anywhere having a currency tied to something with intrinsic value like gold.
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Bitcoin's success will guarantee Bitcoin's success.
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Russia's economy is both cursed and blessed by oil. When the oil price goes up, there is a tremendous 'wealth effect' spilling over into all corners of the economy, but this diminishes the drive to develop other industries to diversify away from overreliance on oil.
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Bitcoin is probably the most portable money in the history of the world. I can download any amount onto a thumb drive and walk across any border without any problems. Or, I could commit to memory a line of code that I can then input into the network and save or spend Bitcoins.
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Britain is the epicentre of financial fraud. Most major players outsource their fraud here because London is the unregulated cesspit of global finance.
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The bitcoin protocol is about mining bitcoin, not pricing bitcoin. There is nothing in the protocol about establishing a market price for bitcoin; you need a market for that, but what if all the exchange markets are shut down?
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The States is run by the Federal Reserve, an institution that answers only to itself and to a few large banks. It's modelled on the Bank of England. Ben Franklin said that one of the main reasons America revolted was to get away from the Bank of England, the mother of all central banks - the most pernicious and insidious of all.
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I believe the world economy will crash when Russia or China moves to a gold-backed currency. They know that when this thing blows, the old law returns: he with most gold makes the rules.
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To some, incredibly, Russia has become a human rights leader. Edward Snowden, the American whistleblower, has succeeded in his asylum application in Russia, and White House spokesman Jay Carney appears flummoxed and wrong-footed as the mantle of free speech and liberty appears to pass from West to East.
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We must continue to educate the masses and encourage savings in Bitcoin to truly drain the kleptocratic swamp ruling our financial system.
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What I immediately recognized about Wall Street in 1983 was that it was a continuation of my career in theater. Wall Street is a big theater, and it's all illusions.
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Starting in the wake of the 2008 GFC (Global Financial Crisis), market observers have warned of a crash in the bond market. Initially, it was believed that the trillions printed to bail out the banks would cause inflation and, therefore, a flight from bonds.
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Most stocks bought and sold on Wall Street are held in what's called 'street name.'
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There are three main controllers of power here in Britain: the political establishment in Westminster, the BBC (MSM), and the Bank Of England.