Cashier globalist

Bitcoin futures trading began on the Chicago Mercantile Exchange. Next year promises similar contracts to offer its customers NASDAQ.

Bitcoin, like other cryptocurrencies, is electronic money that exists only on the Internet. You can invest in them the usual means and vice versa, but it will require more effort than in exchanging dollars for rubles. Cryptocurrency is more than 1300, most of them are fake or just so invented. Bitcoin is different from all others in that all other cryptocurrencies are tied to it. If to compare with the traditional currency market, this is a kind of electronic dollar - that is, the most stable and attractive currency in the Internet space.

In fact, if you are not a programmer, you do not know exactly what it is. There is some source code that a specialist can read to assess the validity of statements that are being made about Bitcoin. In particular, it is argued that this currency is absolutely transparent, that it is not distorted, since it is recorded at once for everyone, and that a limited amount of it will be issued, namely 21 million. Of these, about three-quarters have already been issued. The release process is a continuously complicating task that requires a large amount of electricity and computer power and has developed into a separate business.

If one-time fluctuations of the rate were recorded somewhere at the level of 20 percent, then the changes during the year are as follows: in January, Bitcoin exceeded one thousand dollars, now it costs about 19 thousand. That is, it is the perfect tool for speculation. As far as can be judged, in general, it will grow. There are three reasons for this. First of all, there is a surplus of money in the world, and there will be an uproar around Bitcoin and it will be invested in it. Secondly, people do not know very well what it is, but they know perfectly well what their government is. And distrust of power is stronger than the fear of the unknown. And the third reason is the estimated limited number of bitcoins that will withstand an unlimited money supply. The course of any end resource in such conditions will objectively grow.

I note one big oddity: all developed and economically sovereign states, with the exception of China and Norway, have not banned Bitcoin on their territory. This is strange because bitcoin is an alternative to national money and can destroy economic sovereignty. Whereas the third world economy, Japan, recognized bitcoin and other cryptocurrencies back in 2015 year. I can only make a hypothesis why this is happening. Bitcoin is the currency of global business, which does not want to pay taxes and does not want to bear any risks associated with national problems. That is, this money is not some kind of computer anarchists who do not recognize the official government, but new owners of the world. I repeat, this is a hypothesis, but only it explains the behavior of governments that allow Bitcoin and thus refuse economic sovereignty.

Formally, the release of bitcoin is determined by computer technology, called the blockchain, where each operation is copied into all electronic wallets opened in the world. You need to be a very good programmer in order not only to read the program code, but also to be able to find out if, roughly speaking, there are no “bookmarks” in it. Usually, when writing code, programmers themselves leave open cells, with which they could quickly fix everything if an error is detected. In essence, these are potential vulnerability windows that can either be sold to hackers or will be found by those on their own. In addition to the problem of fraud, bitcoin has a problem of losses: of all currently released bitcoins, about a quarter have never been used, have never participated in any transactions. More about 10 percent of the issued bitcoins were stolen - people create a bitcoin exchange market and at one point simply disappear, taking all the money.

Therefore, because of fluctuations in the course and because of the possibilities of fraud, bitcoin is a rather problematic asset. But this is a completely new thing, and it is possible that we are now seeing the formation of a fundamentally different monetary system, approximately the same as that which existed in ancient Rome. There were different types of coins for different needs. Copper was used for the daily life of the plebs, the rich people had silver sestertia in the run, and for strategic operations there were gold aurelia. Although these currencies were exchanged against each other, they were very weak - they existed in different layers and for different needs. Accordingly, bitcoin is the money of the global speculators, the class manager. The money in the past of the “golden billion”, of which half remained, and there will be a quarter - those who serve the managing class - will become what is now called a freely convertible currency. National monetary units will remain for daily survival.

Comments

[Vard]

Lukashenka made a fuss ... He legitimized cryptocurrency ... And rightly so ... The main profit for those who control ... And not for those who produce ...

[krops777]

Lukashenka made a fuss ... He legitimized cryptocurrency ... And rightly so ... The main profit for those who control ... And not for those who produce ...

Nothing he does not control, Ponte is all. The world, in my opinion, has played into virtual and paper (dollar) money, any cataclysm and everyone who has more real assets will have everything under control and all measures must be taken to protect real assets from virtual and paper money.

[Ingvar 72]

Quote: krops777

The world, in my opinion, has played with virtual and paper (dollar) money, any cataclysm and everyone who has more real assets will have everything under control

There is a Jewish proverb that is not recognized by Jews - "Buy real estate during the war"
Regarding the article, bitcoin, like the dollar, is a financial pyramid. But unlike the dollar, its “legitimacy” is not backed up by military power.

[79807420129]

Bitcoin here's a parable for you: Once a merchant appeared in the village and announced to the residents that he would buy monkeys from them for $ 10. The villagers, seeing how many monkeys were in the jungle, abandoned their plots and began to catch monkeys. The merchant bought thousands of monkeys for $ 10, but the number of monkeys began to decrease and it became more difficult to catch them. Then the merchant raised the reward for catching each monkey to $ 20. And people again began to catch monkeys. Soon there was very little food in the village and the villagers began to slowly return to their fields. The merchant raised the price to $ 50. However, he needed to leave for the city on his own business and he left an assistant in his place. The assistant gathered all the villagers and offered them a deal: Look at all these cages with thousands of monkeys that you have already caught. I’m ready to give them all to you for only $ 35, and when the merchant returns, you will sell them to him for 50 apiece! The villagers thought, calculated, then collected all their savings, collected debts and bought all the monkeys for 700 billion dollars. After that, they never saw the merchant with an assistant. But they still have big debts and monkeys completely unnecessary to them. That's all you need to know about bitcoins.

[rotmistr60]

bitcoin - money of global speculators

Like everything that scrolls through exchanges and stock speculators. Some of the financial experts warn that this is another financial bubble that will burst sooner or later.

[aybolyt678]

Quote: rotmistr60

Some of the financial experts warn that this is another financial bubble, which sooner or later, but will burst

Bitcoin is contrary to the nature of money, it is not a measure of labor, it can hardly be called a means of exchange, accumulation ... the price for it is growing due to demand and a limited amount. Bitcoin has a claim to be a measure of the energy consumed by the Internet and a measure of the greed of useless people who mine. He is alive while they believe in him, and the main beneficiary, I think, is in China.

[Karabin]

Quote: aybolyt678

Bitcoin is contrary to the nature of money, it is not a measure of labor,

Money is no longer a measure of labor either. This is the same product as everything else. They can be bought and sold. You can insure, and sell insurance. Etc.

[aybolyt678]

Quote: Karabin

Money is no longer a measure of labor either. This is the same product as everything else. They can be bought and sold. You can insure, and sell insurance. Etc.

money is also a measure of the energy spent in reproductive labor (A. Parshev), the truth is somewhere in between. And the fact that they can be bought and sold, insured is a property of money as a measure of accumulation.

[Cube123]

Quote: aybolyt678

Quote: Karabin

Money is no longer a measure of labor either. This is the same product as everything else. They can be bought and sold. You can insure, and sell insurance. Etc.

money is also a measure of the energy spent in reproductive labor (A. Parshev), the truth is somewhere in between. And the fact that they can be bought and sold, insured is a property of money as a measure of accumulation.

Something closer to me is the informational essence of money. They allow us to formalize the goal-setting of the development of the human population. So they allow you to form positive and negative feedbacks for development vectors. The easiest way to illustrate this with an example. If the government of a country (such a situation happens) does not imagine how to shape the development of its own country, one of the possible solutions is to give out money to the population. The logic is this. Having received the money, the population will begin to buy what they need. The money paid by them, purely statistically, will begin to concentrate in areas in which things really necessary for the population are produced. With an increased amount of money, it is possible to develop production in this area, contributing to further satisfaction of demand. Positive feedback is being formed in the direction necessary for the population. Sectors that do not need the population begin to receive less money and, again, positive feedback will lead to the gradual withering away of unnecessary industries. They stop sucking resources. Thus, money becomes a mechanism that purely statistically implements Darwinian selection in society. This, it seems to me, is the main function of money in modern society.

Returning to Bitcoin, then, in my opinion, its role is to sterilize a huge amount of excessively printed money in the world. Its task is to pull out the maximum amount of real money from states and the population and to "bury" them with a "burst of financial bubble." In this case, the beneficiary is undoubtedly Americans, because at the same time, a huge part of their national debt will “burn”.

[forty-eighth]

Quote: Cube123

at the same time, a huge part of their national debt will “burn”.

And how do you imagine that?

[Cube123]

Quote: forty-eighth

And how do you imagine that?

Easy. The United States has two types of dollars: for "external" and for "internal" use. The economy is built in such a way as to constantly issue "external" dollars, receiving real values ​​for them. "Internal" are issued in a limited way, based on target inflation. At the same time, barriers are created for the return of "external" dollars back to the United States under real goods. Return in the form of investments - please, but spend them in the United States - sorry. For example, if you try to pay in the United States with a hundred-dollar bill of the “external” series, the cashier will take it from you, but postpone it separately and hand it over to the bank separately. At the bank, these bills of "external" series do not go into circulation, but are destroyed. This mechanism allows the United States to issue "external" dollars without the threat of rising domestic inflation. If all the "external" dollars return to the United States, there will be nothing left of their economy.
Therefore, the "nipple system" is created - dollars are out, goods are inside, but in no case is it vice versa. In such an economy, the more dollars "burns" outside the United States, the better for them. No one will then demand an equivalent exchange of the received dollars for goods produced in the United States. The scheme is well painted by J. Perkins in his book Confession of an Economic Killer.

[Astoria]

You are a little behind in life, I will not question the truth of Mr. Perkins' story - but in the 80-90s the picture was different, until 97 budget revenues were stably higher than expenses, and with the advent of Bush Ml. a negative trade balance was also pushing for this deficit. So, at the moment, the US is happy to use any currency to cover its debts, as P.A. Poroshenko - to the dollar, pound, euro, yen, etc. etc.

As for Bitcoin - the average daily cue ball turnover is around 3bln usd, since December, the capitalization has been above 200 bln at prices above 10, since about half of the cues are in the hands of a limited circle of people, it’s not difficult to calculate how much time they will need to give out and not overwhelm the course, I think that they’ll have enough for a couple of months, and then if Bitcoin does not begin to be used more widely (the European Union refused no further than 000/24/12), the song will become popular again: https://www.youtube.com/watch?v=2017N0PjEZ7ZS3

[Cube123]

Quote: Astoria

You are a little behind in life, I will not question the truth of Mr. Perkins' story - but in the 80-90s the picture was different, until 97 budget revenues were stably higher than expenses, and with the advent of Bush Ml. this deficit was also sought by the negative trade balance.

You did not disclose your thesis "slightly behind"
In what? What I wrote is the scheme for creating a negative trade balance. And this problem for them is only exacerbated. The fact that they are trying to veil it does not cancel the idea itself. It’s just that now it looks completely indecent and you need a little "let the fog".

[Cube123]

Quote: Astoria

You are slightly behind life

I will slightly supplement the previous post.
The only thing that has fundamentally changed from the 80-90s is that the United States cannot now depreciate its external debt at the necessary pace due to external inflation. The amount of debt is such that they cannot raise rates, because the cost of its maintenance is growing unreasonably. Therefore, you have to come up with something new for the "destruction of external dollars", and Bitcoin here fits perfectly.

[Astoria]

1) The number of external dollars compared to the total money supply is small (especially issued over the past decade) is small.

2) They cannot disperse inflation - why should investors rapidly depreciate a debt asset worth 10 trillion dollars if the annual yield of 5% for the state debt market. Bonding is a holiday. If this debt canopy falls, 2008 may seem like childish fun.

3) Bitcoin doesn’t fit anywhere, you yourself wrote below that capitalization does not mean that the asset actually has that much money, and if a couple of tens of billions of dollars are aggregated there, then about a trillion trillion runs around the market every day.

[Cube123]

Quote: Astoria

1) The number of external dollars compared to the total money supply is small (especially issued over the past decade) is small.

I don’t know how true the numbers are provided to Congress. Therefore, I can not assess the ratio of money supply. In reality, what you can focus on is the deficit in the external trade balance. And to reduce it, despite all efforts, it is not possible.

Quote: Astoria

2) They cannot disperse inflation - why should investors rapidly depreciate a debt asset worth 10 trillion dollars if the annual yield of 5% for the state debt market. Bonding is a holiday. If this debt canopy falls, 2008 may seem like childish fun.

Compare rates of the 80-90s and today's. I only talked about the fact that today they cannot raise the value of money without increasing the cost of servicing their own debt. But it is necessary to raise rates, because this is the only way to accelerate the economy. The lower the rates, the more non-viable enterprises stay afloat and the overall efficiency of the economy decreases.

Quote: Astoria

3) Bitcoin doesn’t fit anywhere, you yourself wrote below that capitalization does not mean that the asset actually has that much money, and if a couple of tens of billions of dollars are aggregated there, then about a trillion trillion runs around the market every day.

So the game is not over yet. It is not known how much money can be drawn into this pyramid. This can only be appreciated after its collapse. In addition, it can only be a trial ball.

Thanks for the interesting discussion.

[aybolyt678]

Quote: Cube123

They allow us to formalize the goal-setting of the development of the human population.

+ + + + +

Quote: Cube123

Having received the money, the population will begin to buy what they need.

Yes, of course they start buying cars in China and Japan, phones in Korea, textiles in India and China, pork in Denmark .... That is, where it’s cheaper. And if the Government of the country does not understand that one of the most important functions of the state is to protect the domestic market, then the money will run away, as it is now.
A huge number of huge foreign supermarkets speaks of the occupation of our country. The authority that allowed this is incompetent. Under the mantra of competition, launching competitors into the country of your own entrepreneurs is simply the height of stupidity.

[Cube123]

Like any beautiful theory, in its practical application there are unforeseen difficulties But, in general, on the planet - it works.

[aybolyt678]

Quote: Cube123

Like any beautiful theory, in its practical application unforeseen difficulties arise winked But, in general, on the planet - it works.

With a beautiful and proper government work, the theory works. Because it is derived from practice. Where it supposedly does not work, there this theory works for a country with excessive sovereignty.

[Cube123]

I interpret it a little differently. You can rely on the Lord God, an ideal government, ... and ... Or you can create a mechanism that automatically MAKES PEACE develop in the direction you need. That's the genius

[aybolyt678]

Quote: Cube123

And you can create a mechanism that automatically makes the world develop in the direction you need.

Will make the world ... Then I would deal with the country. Keyword = Force. The world is armed by the way. In ancient Rome they said homo homini lupus est - man to man is a wolf. Question: Will the mechanism force man or humanity?

[Cube123]

Quote: aybolyt678

Question: Will the mechanism force man or humanity?

Not "will force," but "already forcing." Only the mechanisms are different. Most of us work for salaries - why not a forced labor mechanism? Enterprises work for profit and salary for their employees. Tax states maintain armies and officials and create conditions for their citizens to work and pay these taxes, and for that they provide them with security from external and internal enemies, and some kind of social guarantees if a person becomes uncompetitive (alternatives to homo homini. .. "). Well, humanity solves the problems of evolution and efficient use of resources. They even hang carrots in front of a donkey so that he steps and does the work necessary for someone. Also a coercive mechanism. So there are mechanisms and there are many of them.
So little by little, little by little ... But, we digress from the topic of cryptocurrencies.

[Cube123]

I thought a little and decided to add.

Coercion mechanisms include not only money, but also Laws, Commandments, religions, mentality ...
There are many mechanisms, and, as in any activity, there are tools that are most suitable for a specific task

[Ingvar 72]

Quote: aybolyt678

money is also a measure of the energy spent in reproductive laborе

Must be!

[Cube123]

Quote: rotmistr60

bitcoin - money of global speculators

Like everything that scrolls through exchanges and stock speculators. Some of the financial experts warn that this is another financial bubble that will burst sooner or later.

Nothing scrolls there. Still easier. For example, you have a million dollars. You create a company with this money. Issue a million shares worth $ 1 under it. Place these shares on the stock exchange. Then, at home, through a shell company, for example (for a loan taken under your company) ), you sell one share for $ 1. And the capitalization of your company is already $ 000 to the 000th degree. You are a trillionaire. The only problem is that this capitalization is virtual (like Bitcoin), and will become real only if you manage to find suckers who exchange virtual values ​​(your shares with a virtual value of a million dollars) for their real savings. That's the whole scheme of what is happening in the world of bitcoins now. The scheme is well known: buying gold and precious stones for empty cans and glass beads.

By the way, if 17/12/2017 Bitcoin was worth $ 20, then 000/22/12 is already $ 2017.

[Vadim237]

Bitcoins are well exchanged, sold and money is withdrawn real for this.

[Cube123]

Quote: Vadim237

Bitcoins are well exchanged, sold and money is withdrawn real for this.

Naturally, otherwise on what you will build an advertising company. If it weren’t, the pyramid would have collapsed a long time ago. But this cannot continue indefinitely. As soon as all owners of cryptocurrencies want to go “real”, there will not be the necessary amount of real money to buy back the offer. Therefore, the entire banquet at the expense of those who do not have time to jump out on time. "Who is the last, that and" father "."

[Ingvar 72]

Quote: Vadim237

Bitcoins are well exchanged, sold and money is withdrawn real for this.

MMM used to make a profit.

[aybolyt678]

Quote: Cube123

That's the whole scheme of what is happening in the world of bitcoins now.

Mavrodi has already appropriated the authorship of the idea.

[Vadim237]

He does not have any evidence and he does not have bitcoins either.

[Vadim237]

But until that moment when it bursts, someone will get rich well.

[Nyrobsky]

The pyramid, it is the pyramid. On the counter are two 3-liter cans, one with honey, and the second empty. A freak swindler arranges the case so that the queue for an empty can is ready to fight and pay any money, ignoring the can of honey. Pancake! How?

[Cube123]

Quote: Nyrobsky

Pancake! How?

Read the classics. Mark Twain "The Adventures of Tom Sawyer" Fence Painting Procedure

[kush62]

As in any pyramid, someone will skim the cream. And someone will stay with a nose. There will be those who even a little snatch.
My friend pumped 0,2 bitcoins some time ago. Threw off the other day for more than 3 thousand bucks. I am happy that I had time before the fall.

[Vadim237]

Those who in 2010 and subsequent years buy this currency for a trifle are snatching.

[Normal ok]

I note one big strangeness: all developed and economically sovereign states, with the exception of China and Norway, did not prohibit bitcoin on their territory.

Strangeness is different. The fact is that the opposite is true. Legalization of cryptocurrencies is excluded in the eurozone. This was stated by a member of the Board of Directors of the Bundesbank Karl Ludwig Thiele. Source Finanzen.net.

[sa-ag]

Bitcoin was originally planned as a decentralized means of settlement, excluding intermediaries in the form of banks and various restrictions associated with them, that’s why there is such a demand for it ... and yes, it’s not so easy to get it

[aybolyt678]

Quote: sa-ag

Bitcoin was originally planned as a decentralized means of calculation,

Who was planned ?? Given the scale, by virtue of this is a mediocre state .. My friend is a banker, says that it looks like China.

[Cube123]

Recently there was a bitcoin broadcast on Russia 24. N. Starikov participated in the program. So he put forward an interesting thought. That bitcoin appeared as an American response to failure with the unfolding of the big war in the 2008th. The war was supposed to sterilize most of the American debt. The big war did not work, and in 2009, Bitcoin began to spin. In general, this is logical. The role of “financial bubbles” is precisely in the sterilization of excess money. People easily part with the "surplus" and it is very difficult to give the "last".

[forty-eighth]

Quote: aybolyt678

Who was planned ?? Given the scale, by virtue of this is a mediocre state .. My friend is a banker, says that it looks like China.

So in China the main emitting capacities are located, so-called "mining" ones. According to various estimates, from 55% to 70% of cryptocurrencies are issued in China. All this looks like a very big game, in which many large financiers are drawn. It is very interesting how it will end. With a certain interest, this instrument can be kept afloat for a very long time, provided that the resulting bubbles are periodically deflated.

[Dormidont]

China? Do not tell me my slippers :)

[aybolyt678]

Quote: Dormidont

China? Do not tell me my slippers :)

do you have brains in slippers ???

[bunta]

Quote: sa-ag

Bitcoin was originally planned as a decentralized means of settlement, excluding intermediaries in the form of banks and various restrictions associated with them

Well, at least one person understands what it is! :)
This idea came to my mind at the dawn of perestroika-shootout. When the banks did not really work, and there was a continuous barter.

[NF68]

Who will beat from the pockets.

[g1washntwn]

Cryptocurrencies - a commonplace pot of honey into which financial bubbles enter and exit very nicely ... enter and exit ... enter and exit ... (c) Winnipuh

[Spook]

Too volatile, a lot of critical points. Only a wave of hype keeps it, when the hype passes and a person tries to buy a loaf for bitcoin, he will be very surprised.

Example times:
Colleagues went to the store and bought me a chocolate bar - I went into the personal account of the bank and transferred money for chocolate to his card - the money came right away, the% on transfer between one bank (and the banks participating in the agreement) is zero. Bitcoin did not dream of it.

Example two:
He sold his grandfather's house in the village and bought a cue ball, then bought an apartment in Moscow. This will not work in the bank. but theoretically I can’t imagine how to withdraw or buy bitcoin with a commission of less than 7% or even try to withdraw 1 million without the risk of being robbed. And the transfer of bitcoin with a commission of $ 20?

Bitcoin has a lot of critical things, serious people will not get here.

[Rey_ka]

It remains to come up with virtual food and drink ...

[pavelty]

And aunts at the same time, although they already exist)

[Dormidont]

Bitcoin will serve not only everyone. Few

[air wolf]

I do not understand how you can sell, that it costs nothing

[Cube123]

Quote: air wolf

I do not understand how you can sell, that it costs nothing

That is why, you so far !!! not a millionaire
You can sell not only that it costs nothing, but also that has a negative value. I have already referred to Mark Twain, "The Adventures of Tom Sawyer."
A very instructive story. Tom was forced to spend Saturday painting the fence. Tedious occupation on which it is a shame to spend free time. But, if you "put the case right":

"Once, as a punishment for pranks and deceit, Aunt Polly forced Tom to paint a thirty-yard-long fence.
Tom fell into longing. After all, it was a Saturday morning, a time of freedom for any boy. In addition, Tom feared the ridicule of passing acquaintances. "
...
"... When Ben was exhausted, Tom sold the next line to Billy Fisher for a used kite, and when he got tired of whitening, Johnny Miller bought a line for a dead rat with a rope to make it more convenient to twirl, etc. etc. , hour by hour, by midday from poor boy, close to poverty, Tom became rich and literally drowned in luxury ...
... Tom had a great time all this, doing nothing and having fun, and the fence was covered with lime in three layers! If he had not run out of lime, he would have ruined all the boys in the city ..."

Bitcoins grow out of such childhood stories.