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.
DOES THIS DESCRIBE YOUR INTEREST IN BITCOIN?
You arrive at this blog searching non Bitcoin terms - but - interestingly, you do have an interest in finding out more about Bitcoin. You probably don't know what the term Blockchain means either. Or, that there are over 800 branded "coins" like Bitcoin on the blockchain technology. You know that you would like to know more - but don't know where to start or who to ask. What luck that you are here today. Here's this blogs best advice.................. The sidebar has "Bitcoin" books and "Bitcoin" links - exploring any of these can be helpful for your learning curve....... But, let's say you simply want to get your feet wet - to actually OWN some Bitcoin - and you are simply wanting to know the first steps on obtaining some Bitcoin............. Cool - because it's not hard to do - but - you DO need to know a few things about OWNING Bitcoin...... First things first - Bitcoin in 2017 is totally legit and you are going to have to identify yourself, and verify yourself, to buy OR to "mine" Bitcoin............Next - there is only a place or two to buy Bitcoin at the lowest price - the main company is called Coinbase. Millions of people have Coinbase accounts. MOST people in America buy their first Bitcoin from Coinbase....... Now, interestingly, Coinbase has an interesting "bonus" to those who sign up - and buy their first 100.00 USD of Bitcoin. BUT - the bonus involves USING AN AFFILIATE link to JOIN Coinbase; I'll explain what and why.......First, ONLY IF you use an affiliate link do you get the Coinbase bonus - this is my link at coinbase https://www.coinbase.com/join/52570ca75308dda35e000033 - IF you use it when you join and then eventually buy your FIRST 100.00 USD of Bitcoin from Coinbase - THEN THEY GIVE YOU 10.00 USD OF FREE BITCOIN - (They Also Reward Me). It's Coinbase's way to welcome American People to Bitcoin.....IF YOU DO NOT USE THE AFFILIATE LINK TO SIGN UP - THEY DO NOT REWARD YOU EVER FOR YOUR FIRST 100 USD - IT'S THAT SIMPLE...DO YOU WANT 10 FREE USD OF BITCOIN... You too will have an Affiliate Link after you join - make sure to share that with your friends when they want to buy their first Bitcoin. Also, when you join Coinbase... You will automatically also have a Bitcoin wallet (and address) - you will need a Bitcoin Wallet to acquire BTC from the only other method of OWNING Bitcoin - to "Mine" it....
Yes, it's true...you really can become a miner................ And, to some people that means REALLY getting into the entire Blockchain scene, learning the language, becoming experts, and eventually buying Mining Equipment...... And, that is fine for some people. BUT...it is time consuming - AND - Bitcoin machines are notoriously "hot and loud" and somewhat expensive to run as they consume lots of electricity.......Which FINALLY brings us to the last quick tutorial for you... the news that you can also RENT "mining" equipment - by buying what is called Hashpower - from a reputable company..... UNFORTUNATELY, reputable mining companies, are few and far between - indeed - I can ONLY recommend the one I am using myself, (and even then I suggest caution in over investing as Bitcoin's price is rising so fast, that to send it out to get it back seems non-productive) - Genesis-Mining...... they are a long running mining farm with low electricity costs - and over 500,000 people worldwide are already "mining" with them from buying Hashpower contracts. That Hashpower is assigned to your rented machines - which "mine" cryptocurrency daily - you are sent your earnings the following day, which they accumulate to send to you automatically .... at Genesis Mining there are multiple coins to "mine" and you set the mix of coins you "mine" - and you can change your mix at any time. The return on your investment will ultimately depend on the price of Bitcoin and the coins you choose to "mine". Obviously, if you re-invest your returns in buying additional Hashpower - your ROI will be quicker. Indeed, after a number of months (less than a year currently) you will be "up" and earning daily bitcoin value indefinitely on the Sha256 contract....it's a longer term view - if a year is to be considered long term. And, like Coinbase, Genesis-Mining also has a "win-win" Affiliate Program for new users - IF you use a PROMO code to buy your "mining contract/Hashpower" - you save 3% on your cost (you pay full price if you don't use the promo/coupon code) - AND - they also provide me a bit of FREE Hashpower for bringing you into the "mining" spectrum. "Mining Contracts" begin at ONLY 30.00 USD,it's a no brainer - Here's my Genesis Mining Code (you can see it in other places on this blog too) lcS0Un - use the code when you sign up. Just click the links, or click the banner at the top of the sidebar. Thanks.
Oh - one final thing - the powers that be - may DECLINE your perfectly valid Visa card - In Other Words - You May Need To Call Your Bank Or VISA to be able to buy - to validate your purchase. It's just one additional way the powers that be want to keep you powerless. Once you do that your order will be approved. Yes...you can use credit cards.
It's really just easiest to get that Coinbase account and buy Bitcoin - or - get that Coinbase account and have someone who owns Bitcoin transfer it to you there via your free Bitcoin wallet and address. Thanks for reading...but, now you are actually ready and have the basics...it's up to you.
THESE `NO SCAM' AFFILIATE LINKS SUPPORT THIS NEARLY GOOGLE AD FREE BLOG
- Genesis Mining - The ONLY Mining Firm Recommended By TCR
- How To Obtain Bitcoin (Website)
- You CAN Gamble On The Internet - Enjoy 2017 - FREE SATOSHIS TO BEGIN
- The USA's Biggest Opinion Firm (YouGov.Com) Wants Your Opinion - Earn Points Worth Money Or Fun Items
- Coinbase - The Best American Bitcoin Source
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.
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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