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Thread: Basic yet excellent introduction to money.

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  1. #4
    Quote Originally Posted by Gavilan View Post
    What did you choked at, it didn't come through clearly. Also, David, you are way advanced on the topic and this is a good introduction in my view, my simple opinion of course. And I think it is pure magic indeed, notwithstanding the ancient link to gold as a
    Thanks for presenting the video. And I mean that because I learn how to better communicate and sometimes it is from spotting gaps. So I will explain more carefully.

    There is nothing behind cybercurrency. A digital transaction is not a real thing, and securing it with a blockchain does nothing to make it more so a real thing. This leaves the earmark of a pyramid scheme - a multi-level management strategy.

    In the video, it shows NIXON taking the US Dollar off the gold standard. That does not mean, like the video implies, that the only thing backing the US Dollar was "Trust". The US Dollar exchange rate domestic to foreign was removed from the fixed (gold) exchange rate to the floating (SDR) exchange rate. SDR is for Special Drawing Rights. My working definition for SDR is, The measure of social blind endorsement of the private credit issued by the local central bank. It is a basket of five nations that are exemplary for hoodwinking the general public into endorsing private credit.

    And I think it is pure magic indeed, notwithstanding the ancient link to gold as a...
    Looks like you were interrupted.

    Alchemy, not magic. www.tinyurl.com/mannasulfurburns Admittedly the distinction is easy to miss.

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    The word trust comes up though, IMF Trust Fund.

    You make the leap into MLM with cybercurrency and the video tries making you think that NIXON made that leap. True, in a way but you need the explanation in order to evaluate the risk of investment. The Federal Reserve note is dependent, as with other central bank currencies, on endorsement. That is what forms the SDR. The growth, or investment potential and risk management of cybercurrency depends on a few people with sales skills convincing a lot of suckers into losing their money. This is the only thing growing any value in cyberspace. Blockchain provides a secure environment for the MLM to operate.

    Growing the value of the MLM scam is the only reason one can simply invest say $500 today and hope to sell that same bitcoin a year from now for more, say $650. Or buy more things of greater value later. This is because the MLM scammers are finding suckers who never get to cash in at all. I know this from the brain trust, especially one suitor who invested a bundle but was never able to get it back out. Small shill amounts lure people into thinking they can get bigger amounts out. But the bigger investments are already spent by the few MLM managers. The "Uplinks".

    This all smacks of ancient moneychangers.

    I am not trying to be critical but you stir some baggage.

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    Most people don't even consider this factoid important. Much less do people ponder why in the world would the ancient Egyptian-Mesopotamians be reducing gold into powder just to store it at Hathor Temple.

    What was the plan?

    I know from direct neurochemical and mysticomimetic testing and experience that the glow around Moses' head after the Burning Bush event was superconductive metalofullerenes in his third ventricle. This resulted in a Kundalini breakthrough. So the plan was a racial ascension for humanity, planned by Enke YEHOWAH and likely the plan was thwarted by Enlil YEHOWAH who was always screwing things up for us with invasions and floods etc.

    This becomes the true value of gold - pure gold - the Philosopher's Stone.
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