Just yesterday - the BS brought to you the information about the 700 TRILLION dollar industry ... the Financial Derivatives Industry...... Let that sink in.... 700 TRILLION that is being BET on the system itself..... like that GREECE who is in a depression, will be able to pay it's bills in Euros....same exactly for Spain..... and Puerto Rico.....(in dollars of course) .... and Argentina already in default.... and Detroit and the coming spasm about retirement systems...... So, YOU trust the POLITICIANS to work all this out right?
Personally, I'd say only an idiot thinks all this will be fixed above by Governments and Politicians. It almost all broke, the system itself, in 2008 and barely was pieced together......... at this moment only about 6 billion dollars has escaped the government money - into the virtual currencies like Bitcoin, Litecoin, Dogecoin and others. 90,000 merchants are already taking Bitcoin. They take it, turning some into dollars and saving some bitcoin, because ultimately they know MANY spikes in `prices' of Virtual Currencies is down the road. Much like what initially happened when THE INNOVATORS realized what was up and the EARLY ADAPTERS came on-board.
I'd personally say... that may not be too far away at some level. And, eventually the virtual currencies will probably BUY each other UP and out of business.... with only a few surviving. Smaller governments may begin to use the alternative currencies rather than be subject to the whims of the BIG fake money governments. Usage will increase, not decrease.
Now, that does NOT mean that TPTB will put up a valiant fight for a bit of time and I hardly think the Military Industrial Complex is going anywhere soon.... but, THEY will eventually use the virtual currencies too and be restrained perhaps. A new dawning could be months, or it could be decades - one thing is SURE... the value of the `marketcap' of Virtual Currencies is going to grow exponentially. And when that period comes, when the market cap goes from 5 billion to 500 billion (compare that to the 700 trillion FAKE dollars in ONE industry) and then from 500 billion to 5 trillion or 50 trillion (the beginnings of a NEW WORLD CURRENCY will be at hand)...... what do you think a ONE Bitcoin (infinitely divisible) will be worth? Do you really think the MSM is going to tell you to invest? The ONE that you could have bought TODAY for about 400 dollars?
Or, perhaps you think the Dogecoin (format - 3rd largest market cap) is going to be THE COIN in the future.... did you know that you could buy 10's of thousands of those TODAY for a few bucks.... penny stocks gone wild. There's smart folks that think Dogecoin could go to a dime or dollar a coin. There literally is a story behind all 150 virtual currencies. Barfstew is going to NOT leave this story behind and let it be ignored by the MSM. The BS is going to vastly increase Bitcoin stories and more.... this will be as much of a focus as sex, paranormal and politics. I hope you are ready for the ride.... and seriously, make today the day to get involved at some level.
So, today - in that regard I bring to you a guy I've seen on CNBC who faces down these STUPID folks who still believe in government money and not people currency. I will bring much of his recent posting...but dig in for more at the link.
THE RETURN OF BARFSTEW - 2017 STYLE
FALL 2017 - CHINA BANS BITCOIN EXCHANGES AND ICO'S AND BARFSTEW RETURNS! I STRONGLY ADVISE NEWCOMERS TO THIS PAGE TO EXPLORE THE YEARS OF POSTS DESIGNED TO ENLIGHTEN AND ENTERTAIN - OVER 1000 POSTS...YEARS WORTH OF CONTENT.
BARFSTEW 2017 IS A BLANK CANVAS AS BITCOIN APPROACHES IT'S SECOND FORK IN 3 MONTHS AND THE POWERS THAT BE SEEM TO BE SCRAMBLING IN THE TRUMP ERA - WITH DISASTERS SEEMINGLY AROUND EVERY CORNER.
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- BitStew's Guide To Obtaining Bitcoin
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THIS BLOG TRANSITIONED FROM THE `2013 BANNED' OUTRAGEOUS AND SEXY `BARFSTEW' - TO A BITCOIN RELATED BLOG IN OCT/NOV 2014. THE ARCHIVE IS WHY MOST PEOPLE ARRIVE - AND BITCOIN IS WHY THEY STAY. UPDATE - ONCE AGAIN....OCT 2017, A NEW TRANSITION.
THIS BLOG WAS VERY PROUDLY BANNED FROM THE INTERNET FOR 115 DAYS IN 2013-2014 - RETURNED AFTER 9 REQUESTS FOR REVIEW - NOW YOU KNOW - (UPDATE) IN MAY 2015 THIS BLOG WAS AGAIN WARNED.... AND CONSEQUENTLY DROPPED GOOGLE ADSENSE.... READ AND ENJOY THE BARFSTEW WHILE IT IS STILL FRESH IN THE POT AND NOT ON THE INTERNET ARCHIVE..... BECAUSE BARFSTEW BITCOIN IS A DANGEROUS BREW.
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