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Tuesday, Apr 13, 2021

Bitcoin Documentary

Bitcoin: The End Of Money As We Know It traces the history of money from the bartering societies of the ancient world to the trading floors of Wall St.
The documentary exposes the practices of central banks and the dubious financial actors who brought the world to its knees in the last crisis.

It highlights the Government influence on the money creation process and how it causes inflation. Moreover, this film explains how most money we use today is created out of thin air by banks when they create debt.

Epic in scope, this film examines the patterns of technological innovation and questions everything you thought you knew about money. Is Bitcoin an alternative to national currencies backed by debt? Will Bitcoin and cryptocurrency spark a revolution in how we use money peer to peer?

Is it a gift to criminals? Or is it the next bubble waiting to burst? If you trust in your money just as it is - this film has news for you.

Oh ya 133 days ago
It's a darn good way to suck cash out of the stupid people. It is backed by nothing and though paper money is not much better at least it has a bankrupt country behind it. 20 years ago it did not even exist and now they think it's worth $19.000...why? The last high was $19.800 or so and it dropped to under $4000 or so... Why? It is digital and many cuons have been stolen off the web when they hack you and poof just like that your broke. Or if the government decides something for example a vaccine and you do not want or agree poof you can't access your money as it is on the net in 1 and zeros. Now let's mention gold.and silver it's been money for 5000 years and ral physical gold held in your hand has no counter party risk. Remember the old saying that if you don't hold it you don't own it? Not the paper gold traded on the market but real gold. At one time the 100 Bolivar note in Venezuela was worth about $47 USD, today it is toilet paper, do you think those people wished now they had bought some gold and silver? And as far as the USD it has lost about 98%of its value against gold since Nixon closed the gold window in 1971. 35 a oz then and $about 1900 today. You do the math. Gold did not go up in price the value of the dollar shrank and it takes more to buy the same product. It's also called inflation, you might have noticed that grocery shopping


Quote of the Day

Politicians are people who, when they see light at the end of the tunnel, go out and buy some more tunnel.

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