Bank Run this Saturday at 8:00AM In France Every Facebook France Gilet jaune group is talking about this and the facebook post has been shared thousands of times.
The bankrun is about destroying faith in fiat currency, which is the only thing fiat currency is backed by - faith. We know they can just print the currency. We know that a bank can theoretically never run out of currency. However, the bankrun will cause problems meeting the demands of withdrawls and highlight the fragility of out banking system.
We ALL in western nations need to do the same on Saturday as a response to anti-western laws, our open borders and ZOG governments: >take as much money out of the bank as you can >buy as much gold and/or silver as you can (not bitcoin or cryptos as they are digital fiat and ((( their ))) doing)
Gold has been valuable to societies all over the earth for 1000s of years. This reason alone makes gold valuable - because it has 1000s of years of reliability. There were no iPhones or tech in medieval times yet gold was valuable. As long as the aristocracy values gold - its valuable.
Money HAS TO BE: >Durable >Transferable >Divisible >Intrinsically valuable >Scarce >Recognisable >Fungible
time and time again people try to replace real money with something else and it fails every time, and what are those people forced to revert back to? GOLD Gold is the ONLY substance (along with silver) that has ALL the properties needed and meets all the requirements to be defined as money.
It is these properties that gives gold INTRINSIC value.
The Kremlin must think this is still a thing, but nobody is falling for it. The French Banksaare going to give a list of everybody who emptied their bank accounts to the French police, who will then know exactly the names of all the Yellow Bellies. Then when these dumbasses put their money back in the bank, the gov't will be easily tracking their 'expenditures'.
Colton Gomez
gold was good until the world became a globalized pirates and storms sank spanish ships with billions and billions of dollars worth of gold that those gold pieces still wash up along the coast of florida and cuba today
bitcoin is globally secure even people in africa have cell phones now nobody is going to want to send a gold escort to china to buy some shipping crates full of supplies bitcoin in an escrow service would suffice it's faster more secure and more hard of a currency gold's inflation percentage varies on it's value and if asteroid mining ever comes about that system of currency is btfo bitcoin's inflation percentage was defined at its launch 10 years ago and never changed in another halving or two it will be below the inflation percentage of gold forever
Josiah Hernandez
>As long as the aristocracy values gold - its valuable. Gold is only valuable in a stable economy where people can bid for it. Every economist knows, when the SHTF, gold will be worthless.
Jackson Watson
>when the SHTF, gold will be worthless. theres NO WAY this can be true. The EXACT OPPOSITE will be true
>spawned a cesspool of scams strawman; you are referring to things that are NOT bitcoin. you are blaming bitcoin for the parasites that attempt to coopt and obfuscate its utility. >illegal use cases damn right. bitcoin is used to buy drugs. good. drugs are an unregulated black market just like unpasteurized milk. this kills the bootlicker. fuck your blanket regulation and fuck your (((war on drugs))) >the few merchants that accept it convert it to USD because they are cucked. they are still operating as if the USD is the unit of account, and by all means it is because they say it is because it is because they say it is. stop measuring things in the cucked world currency >contributing to global warming yes, that is the price of uncucking money. that is the price of de-jewing your money and taking it away from centralized to decentralized. >wastes energy on nothing bitcoin is backed by the energy consumption used to generate it. you can measure exactly how much energy one bitcoin took to produce; this is a feature not a flaw. >raises electricity prices when miners take advantage of cheap energy why is cheap energy being offered? because a region is resource rich? then why don't they outlaw bitcoin mining. yes, iran, venezuala, you know the good guys. the price of energy goes up because these energy providers don't like how the energy is being used? kek >muh exchanges bitcoin was invented ten years ago. before then you literally need a trusted third party to value, issue, distribute, exchange, and redeem your earning potential, your 'product'. yes exchanges are gay, but again, they ARE NOT bitcoin, they are (((trusted third parties))).
WHILE PEOPLE ATTEMPT TO EXCHANGE THEIR (((FIAT))) FOR CRYPTO, THERE ARE GOING TO BE SOME OBSTACLES THAT KEEP ME FROM GETTING BITCOINS TO YOU IN EXCHANGE FOR DOLLARS AND VICE VERSA. THE POISONOUS PART OF THIS CYCLE IS THE DOLLAR. THE DOLLAR REQUIRES YOU TO SUBMIT DOX SO YOU CAN PARTICIPATE IN THE EXCHANGE.
Carter Morris
refute my argument point by point like i did you faggot
Gavin Parker
(((They))) have far more control over the metals markets than the crypto markets. When you buy (((metals))) who do you think you are buying it from? Who are you making rich? Why are they willing to sell it to you? Is it even real? What is the real supply of (((metals)))? If you weren't a divide and conquer shill, you wouldn't be shilling against crypto. Exit the banking system by any means necessary. Metals, crypto, sea shells, it all accomplishes the same goal.
Andrew Lopez
>theres NO WAY this can be true. When you get to high school, you might take an economics class and discover that the only value money can ever have is whatever people give it. Food water shelter are indispensable, but bits of shiny metal? This whole thread must be some kind of sleazy pump and dump scheme.
yes. >but what if (((they))) co-opt crypto? how? >by dumping $trillions into it then take the final redpill and realize that the USD is the toxic element in every equation. your bitcoin will always have its intrinsic value, which has nothing to do with its price in USD. >what is bitcoin's intrinsic value?
crypto technically meets the three aspects that money should be: 1.) medium of exchange; money can be exchanged easily and with fungibility in an open market. 2.) store of value; money can be held without its value depreciating so that it can be used now or later. 3.) unit of account: money should represent the base value of all saleable objects in an economy (a loaf of bread is worth $x) Gold is not so good as a medium of exchange.
no. you just keep pointing to comments that reference comments that reference nothing.
explain to me your solution for uncucking society from centralized banks. constant waves of anons are reading my redpills so don't try to hide your """argument""" in archived threads.
During SHTF, when you try and buy from me with gold, im going to shoot you, and take your gold.
Oliver Moore
>Every economist knows, when the SHTF, gold will be worthless.
That's why you invest in lead too friend.
David Hall
your only argument is that i'm a jew. let all anons reading this thread actually review the comments and determine for themselves your 'based' perspective.
the most low hanging fruit for real jewish shills is to call someone a jewish shill. your strategy is bad and you should feel bad.
no worries i'll simply revert to the subject. explain to me your suggestion for uncucking society from central banks.
>ISP's blocking the port access. ISP's blocking the port access. >ISP's blocking the port access. ISP's blocking the port access. >ISP's blocking the port access. ISP's blocking the port access. >ISP's blocking the port access. ISP's blocking the port access. >ISP's blocking the port access. ISP's blocking the port access. >ISP's blocking the port access. ISP's blocking the port access. >ISP's blocking the port access. ISP's blocking the port access.
This. Coinfags BTFO
Tyler Davis
>not even arguing wew lad i'm still here and everyone can see you sperg instead of defend your position. you are redpilling more anons than i ever could just by being so limp.
debate me man i'm here.
Adrian Price
Let's speak hypothetically for a moment.
Let's say I prepared well for the SHTF scenario of your choice, and have minimal issue surviving beyond the potential for conflict to break out. I have enough essential supplies to sell to others. Would it not be advisable to prepare for a future in which my security is more certain by selling extraneous survival supplies to someone else who is in possession of gold? Would this not give value to the gold that people kept?
Ryan Moore
RAPPEL : La DGSI est particulièrement vigilante et infiltre plusieurs communautés faites attention à la manière dont vous utilisez vos ordinateurs... installez gentoo
Anthony Bell
absolutely. after shit hits the fan, you learn how long you can survive eating money (gold). don't be fooled survivalistanon, money is only useful in an economy.
>when the SHTF, gold will be worthless. So what will it be? Food and shelter?
Ryan Cox
all fiat currencies
Juan Harris
>cigarettes are good for a year without a freezer
Jayden Garcia
well >close ALL your bank accounts >destroy any and all credit/debit cards >close any online (paypal etc) >tell your employer to pay you only in gold.
Now,
Go to the grocery store and pay with gold bars. >let me know how it goes
Brody Hill
your 'proof' is an gay infographic on shills. kek. you refuse to engage in ongoing debate because you are fatigued. there are new waves of anons that you can teach but instead you just flail.
BITCOIN IS THE ONLY THING THAT CAN DISPLACE USD AT THIS TIME. THAT IS THE REDPILL I OFFER YOU. IF YOU ANONS HAVE A BETTER SUGGESTION, POST IT.
>all fiat currencies Yes. And even gold and silver get diluted and taken out of the system. Every time, through out history. Those in power never, not once, have paid off debt. Sad. Fourth Turning.
Daniel Turner
>grocery store and pay with gold bars. That would be a silver or copper transaction fag
Jaxon Ramirez
Youre just ignoring and re-asking
Daniel Butler
then do that!!!!
>let me know how it goes. nothing wrong with having "some" of your money invested is physical gold. (I do).
Don't pretend its anything more than that,
Henry Howard
literally put your argument into text for me >you can't
Luis Martinez
so you suggest that everyone authenticate the silver they receive to combat counterfeit silver PER TRANSACTION?
Asher Baker
shills spend the entire thread referencing an argument they never made.
TELL ME WHY BITCOIN IS BAD. THATS IT. JUST TELL ME WHY AND I WILL COUNTER YOU. I AM WAITING.
I don't get why people are so scared about flat currency. Even if money was backed by something like gold, in the end the same faith system is what matters. If society collapses what are you gonna do with a lump of gold? It is entirely worthless.
Aaron Morris
>spawned a cesspool of scams strawman; you are referring to things that are NOT bitcoin. you are blaming bitcoin for the parasites that attempt to coopt and obfuscate its utility. >illegal use cases damn right. bitcoin is used to buy drugs. good. drugs are an unregulated black market just like unpasteurized milk. this kills the bootlicker. fuck your blanket regulation and fuck your (((war on drugs))) >the few merchants that accept it convert it to USD because they are cucked. they are still operating as if the USD is the unit of account, and by all means it is because they say it is because it is because they say it is. stop measuring things in the cucked world currency >contributing to global warming yes, that is the price of uncucking money. that is the price of de-jewing your money and taking it away from centralized to decentralized. >wastes energy on nothing bitcoin is backed by the energy consumption used to generate it. you can measure exactly how much energy one bitcoin took to produce; this is a feature not a flaw. >raises electricity prices when miners take advantage of cheap energy why is cheap energy being offered? because a region is resource rich? then why don't they outlaw bitcoin mining. yes, iran, venezuala, you know the good guys. the price of energy goes up because these energy providers don't like how the energy is being used? kek >muh exchanges bitcoin was invented ten years ago. before then you literally need a trusted third party to value, issue, distribute, exchange, and redeem your earning potential, your 'product'. yes exchanges are gay, but again, they ARE NOT bitcoin, they are (((trusted third parties))).
WHILE PEOPLE ATTEMPT TO EXCHANGE THEIR (((FIAT))) FOR CRYPTO, THERE ARE GOING TO BE SOME OBSTACLES THAT KEEP ME FROM GETTING BITCOINS TO YOU IN EXCHANGE FOR DOLLARS AND VICE VERSA. THE POISONOUS PART OF THIS CYCLE IS THE DOLLAR. THE DOLLAR REQUIRES YOU TO SUBMIT DOX SO YOU CAN PARTICIPATE IN THE EXCHANGE.
Noah Lee
fiat is centrally controlled. centralization means that it is vulnerable to the personal greed of its gatekeepers.
Robert Edwards
>in the end the same faith system is what matters. Exactly. Once faith in a currency collapses, that currency is worthless. Don't think the Euro would collapse like that. But a banks stock would take a hit if a few million people closed their accounts and credit cards.
Lincoln Long
>what principles of money would keep faith invested for the long term ask yourself this
Ethan Hall
aren't you going to answer this?
Lucas Hall
Politics know, that leaving the matrix is costly. Living on ramen, giving up your rent controlled home, loosing a good job to make a dent in a caste system is a tall order. Some 1000s might do it, redpill or not, but the mass won't.
Ian Wilson
As opposed to when it was the gold standard and they just devalued the currency anyway? Retard
Michael Bell
the devaluation of currency is an attribute of fiat. inflationary currency is actually good for economic stimulus (consider all of the technical advances of the last American century), however the gold standard was abandoned under Nixon, thereby making the the global reserve currency much much much more vulnerable to politics.
all currencies devalue. point me to one extant currency that didn't. hell, point me to any currency at all that didn't devalue or die.
fiat can be backed by gold, don't mistake that fact.
>and they just devalued the currency anyway? This is what governments have done throughout history my frens. When they need to, they just shave 20 or 30 percent off, and now you are poorer. And we voted them into office, how about that?