[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help] 

Status: Not Logged In; Sign In

“The government wants to make sure that that does not come out. A huge part of our political system is predicated on blackmail,”

You Know What Happens Next

Cash Jordan: Half-Built Tower Abandoned… as ICE Deports Entire ‘Migrant Workforce’

Heavy rainfall causes flash flooding Tuesday night, some cars stuck in high water on Chicago's West

Biden Doctor PLEADS THE FIFTH, Refuses To Testify To Congress, Biden Pardons ARE VOID

Joe Rogan says FBI director Kash Patel played him for a fool and maga for fools with the Jeff Epstein files

Elon's AI System "Grok" Went Rogue And Has Been SHUT DOWN in an Emergency!

Earthquake Swarms at One of the MOST DANGEROUS Volcanoes in the USA

Ben Shapiro Declares Epstein Case CLOSED: ‘Facts on the Ground Have Changed’

Iran receives 40 Chinese J10-C Fighter Jets

China’s Railgun Is Now Battle-Ready, Thanks to Nuclear Power

Chinese Hypersonic Advancements! Deadly new missile could decimate entire US fleet in 20 minutes

Iran Confirms Massive Chinese HQ 9 B Missile Deal

Why Is Europe Hitting 114°F And Still Rising?

The INCREDIBLE Impacts of Methylene Blue

The LARGEST Eruptions since the Merapi Disaster in 2010 at Lewotobi Laki Laki in Indonesia

Feds ARREST 11 Leftists For AMBUSH On ICE, 2 Cops Shot, Organized Terror Cell Targeted ICE In Texas

What is quantum computing?

12 Important Questions We Should Be Asking About The Cover Up The Truth About Jeffrey Epstein

TSA quietly scraps security check that every passenger dreads

Iran Receives Emergency Airlift of Chinese Air Defence Systems as Israel Considers New Attacks

Russia reportedly used its new, inexpensive Chernika kamikaze drone in the Ukraine

Iran's President Says the US Pledged Israel Wouldn't Attack During Previous Nuclear Negotiations

Will Japan's Rice Price Shock Lead To Government Collapse And Spark A Global Bond Crisis

Beware The 'Omniwar': Catherine Austin Fitts Fears 'Weaponization Of Everything'

Roger Stone: AG Pam Bondi Must Answer For 14 Terabytes Claim Of Child Torture Videos!

'Hit Us, Please' - America's Left Issues A 'Broken Arrow' Signal To Europe

Cash Jordan Trump Deports ‘Thousands of Migrants’ to Africa… on Purpose

Gunman Ambushes Border Patrol Agents In Texas Amid Anti-ICE Rhetoric From Democrats

Texas Flood


Resistance
See other Resistance Articles

Title: Jordan Peterson Set To Speak At The Largest Ever Gathering Of Bitcoiners
Source: [None]
URL Source: https://www.zerohedge.com/crypto/jo ... gest-ever-gathering-bitcoiners
Published: Mar 29, 2022
Author: Tyler Durden
Post Date: 2022-03-29 17:11:41 by Horse
Keywords: None
Views: 1173
Comments: 12

World-renowned Canadian author and psychologist Dr. Jordan Peterson will be on stage at Bitcoin 2022 in Miami April 6-9, causing speculation that he may be planning a public endorsement of bitcoin.


Poster Comment:

Looks like a major event. Biden has been trying to contain Bitcoin. Might have a few surprises. Eventually, Bitcoin might be the best way to buy food and oil that has been sanctioned.

Post Comment   Private Reply   Ignore Thread  


TopPage UpFull ThreadPage DownBottom/Latest

Begin Trace Mode for Comment # 9.

#1. To: Horse (#0)

Eventually, Bitcoin might be the best way to buy food and oil that has been sanctioned.

If the dollar collapses, then I don't see a viable replacement currency outside of crypto. A lot of us do have gold and silver, but as much as I like the stuff, my complaint about metals is that you can't make change with it. The old cliche about how you can't by a loaf of bread with a one ounce gold coin does have merit, and after a currency collapse, the same will be true of a 1 oz silver coin, much less a silver fork, as I would point out to Catherine Austin Fitts. How can anyone give you change for payment made with a silver fork? Do they hand you back a smaller silver butter knife? Again as much as I appreciate her background and expertise..... Such silver holdings are great as a bulk investment for buying an entire valley after financial Armageddon occurs, but they won't replace the need for a post-dollar currency.

That is where crypto can save the day. It has the huge advantage of being so microscopically divisible in value that you WILL be able to buy a loaf of bread with it. Yes it does require internet services survive such a collapse but I think it reasonable it will, and hell, if there is not even internet in that environment, then we'll be down to barter.

Though Bitcoin itself, in its present form, is NOT suitable for that need because it is too damn expensive to spend. It's capable right now of handling 7 transactions per second GLOBALLY, and present costs to make a transaction are some $20 worth of BTC -- making it infeasible to buy a loaf of bread. But there are other cryptos that can which are nearly free to transact, as in fractions of a penny, and which can handle hundreds of thousands of transactions per second.

Pinguinite  posted on  2022-03-29   18:19:28 ET  Reply   Untrace   Trace   Private Reply  


#2. To: Pinguinite (#1)

Folks I know are toying with opening a wallet in a digital coin that might be handy to have one day, but no one's sure which one will serve if things get tight.

As far as hard money for small purchases, it's important to have lots of small denomination junk to spend. Hell, even a good supply of nickels is worth accumulating. The modern nickel is worth eight and a half cent at the moment, and it will never be worth less than five cents.

They say to scoop 'em up now, because the Big Boys want to replace them soon with a coin that's cheaper to mint.

randge  posted on  2022-03-29   18:42:44 ET  Reply   Untrace   Trace   Private Reply  


#3. To: randge (#2)

scoop 'em up now

You'd need a pretty big scoop to make that a worthwhile effort. But if you could get a truckload of 'em -- say 1500 lb -- at $0.085/nickel you'd be up about $24,000!

StraitGate  posted on  2022-03-29   19:13:44 ET  Reply   Untrace   Trace   Private Reply  


#5. To: StraitGate (#3)

You'd need a pretty big scoop...

Bagger 293

Esso  posted on  2022-03-29   19:52:37 ET  Reply   Untrace   Trace   Private Reply  


#7. To: Esso (#5)

Awesome machine, thanks.

I spent some time working with these big dump trucks at the Chuquicamata copper mine in Northern Chile near Calama.

StraitGate  posted on  2022-03-29   20:19:49 ET  Reply   Untrace   Trace   Private Reply  


#8. To: StraitGate (#7) (Edited)

Doesn't Chile have a rather large gold mine industry also?

Lod  posted on  2022-03-29   21:05:11 ET  Reply   Untrace   Trace   Private Reply  


#9. To: Lod (#8)

I don't know about that, but a quick search says there are several gold mines down there.

Interestingly, the coffee was terrible in Chile. Instant coffee (made from powder packaged in a straw) in the hotel restaurant in Calama. I'm not a coffee snob, but having no coffee is better than having bad coffee.

The food -- especially the meat -- was great.

StraitGate  posted on  2022-03-29   23:14:13 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 9.

        There are no replies to Comment # 9.


End Trace Mode for Comment # 9.

TopPage UpFull ThreadPage DownBottom/Latest


[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help]