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SaberTruth

@sabertruth active 1 month, 2 weeks ago 45 SD ounces
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  • Profile picture of SaberTruth

    SaberTruth commented on the post, Real Wealth Safe Havens: Bitcoin or Barbaric Relics? 1 month, 2 weeks ago

    My last comment here:
     
    1. See this article on bitcoin myths: https://en.bitcoin.it/wiki/Myths
     
    2. I like silver. I stack when I can. It will retain value. It’s great for LOCAL transactions. But if you ever […]

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    SaberTruth commented on the post, World’s First Bitcoin ATM Launched…in Cyprus! 1 month, 3 weeks ago

    FWIW:
     
    1. People in Cyprus who have BTC are better off than those who don’t. The problem is banks, and they can’t control/freeze BTC.
    2. E-commerce is huge. I understand there are people who’d drive […]

  • Profile picture of SaberTruth

    SaberTruth commented on the post, World’s First Bitcoin ATM Launched…in Cyprus! 1 month, 3 weeks ago

    Max: I’ve been trying to just walk away because we’re (none of us) communicating. Of course I think it’s you (plural) who don’t get it, but rather than say so I had tried to just leave the conversation. The […]

  • Profile picture of SaberTruth

    SaberTruth replied to the topic Max Keiser focus shift from silver to bitcoin? in the forum Silver 1 month, 3 weeks ago

    Orion: Please see any number of “what is bitcoin and how does it work” videos. They explain how BTC is limited (the mining won’t go on forever) and thus “rare”, how it’s impossible for any one entity to crash the […]

  • Profile picture of SaberTruth

    SaberTruth replied to the topic Max Keiser focus shift from silver to bitcoin? in the forum Silver 1 month, 3 weeks ago

    If you want to go to a LOCAL market, yes. But say good-bye to e-commerce.

     

    Point being: IF there is a need for a digital currency, THEN there is nothing worse about bitcoin that others.

     

    Simple. But […]

  • Profile picture of SaberTruth

    SaberTruth commented on the post, World’s First Bitcoin ATM Launched…in Cyprus! 1 month, 3 weeks ago

    If bitcoin doesn’t interest you, that’s fine. But it’s hardly a good reason to dismiss it as something worthless simply because RIGHT NOW it isn’t accepted by corrupt governments as taxes. I’m not talking about […]

  • Profile picture of SaberTruth

    SaberTruth commented on the post, World’s First Bitcoin ATM Launched…in Cyprus! 1 month, 3 weeks ago

    Maximoose, you can get physical bitcoins if you want. But why? As long as there is a need to transfer funds electronically, bitcoin is no different from any other currency. As someone already mentioned, nobody is […]

  • Profile picture of SaberTruth

    SaberTruth commented on the post, World’s First Bitcoin ATM Launched…in Cyprus! 1 month, 3 weeks ago

    MaryB: do you not understand what “decentralized” means?
     
    What happens to your online banking with dollars if there’s a “failure”?
     
    Somebody needs to prove to me that the dollar is NOT a vulnerable digital […]

  • Profile picture of SaberTruth

    SaberTruth commented on the post, World’s First Bitcoin ATM Launched…in Cyprus! 1 month, 3 weeks ago

    Canadian Dirtlump obviously didn’t read what I wrote (e.g. “NOT saying bitcoin is the answer”). Sorry to have written blasphemy in your presence. I’ll get out a silver coin and fondle it while saying 8 “hail […]

  • Profile picture of SaberTruth

    SaberTruth commented on the post, World’s First Bitcoin ATM Launched…in Cyprus! 1 month, 3 weeks ago

    I’ve always liked silver. Still do. Still try to stack when I can.
     
    I’ve also noticed that people can’t seem to discuss bitcoins rationally but more like religious hatred, like bitcoin is some bigger devil than […]

  • Profile picture of SaberTruth

    SaberTruth replied to the topic Max Keiser focus shift from silver to bitcoin? in the forum Silver 1 month, 3 weeks ago

    SD, I’m only saying that whatever is wrong with bitcoin is no worse, and in fact not as bad, as the dollar or any other fiat currency.

     

    Did I mention I was “torn” in my first comment?

     

    And FYI, the […]

  • Profile picture of SaberTruth

    SaberTruth replied to the topic Max Keiser focus shift from silver to bitcoin? in the forum Silver 1 month, 3 weeks ago

    Whowantsmyfiat, how consistent is the Fed? How reliable are they? All we can count on them for is devaluation.

     

    And how will you do any electronic transfers, even between banks, if there is no […]

  • Profile picture of SaberTruth

    SaberTruth replied to the topic Max Keiser focus shift from silver to bitcoin? in the forum Silver 1 month, 3 weeks ago

    Then the US dollar is also a derivative. Every fiat currency is a derivative. So again, I don’t see the point in using derivative as a criticism of BTC. Just like the dollar, BTC is only valuable if people think […]

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    SaberTruth changed their profile picture 1 month, 3 weeks ago

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    SaberTruth replied to the topic Max Keiser focus shift from silver to bitcoin? in the forum Silver 1 month, 3 weeks ago

    I’m truly torn between the two.

    Most who bash BTC don’t really understand it or haven’t investigated it.

    Its primary virtue is in being decentralized; there is no bank, no government , no controlling entity. […]

  • Profile picture of SaberTruth

    SaberTruth commented on the post, Like Spain, The Fed & Treasury Will Pull Out Nuclear Option & Raid Private Pension Funds 4 months, 1 week ago

    Same here; we can’t do anything but borrow half of it. Even if we paid taxes and penalties, we can’t have it without ending employment. Another scam where we’re told OUR money isn’t really ours.

  • Profile picture of SaberTruth

    SaberTruth replied to the topic College student – New to the silver game – Need Advice! in the forum Silver 4 months, 3 weeks ago

    Speaking of “truth over hype”…

     

    The  fiat “game” is rigged, and PMs are only rigged as long as they’re tied to fiat. Or more accurately, fractional reserve banking. As a medium of exchange for most people […]

  • Profile picture of SaberTruth

    SaberTruth replied to the topic Where Will Silver End 2012? Win 250 SD Ounces. in the forum Silver Giveaways 5 months ago

    If we’re allowed to change our guess, (watch, it’ll go to my original one), I’d have to agree. We all thought the big “uprising” would be after the election but that has had no effect at all. Not even QEternal or […]

  • Profile picture of SaberTruth

    SaberTruth commented on the post, Darryl Robert Schoon: THE TWILIGHT OF THE WORLD’S POWER STRUCTURES- Elite Have Lost Control! 5 months ago

    And I thought the topic was “the twilight of the world’s power structures”. o.O

  • Profile picture of SaberTruth

    SaberTruth commented on the post, Darryl Robert Schoon: THE TWILIGHT OF THE WORLD’S POWER STRUCTURES- Elite Have Lost Control! 5 months ago

    Exactly. One thing I’ve warned about elsewhere is that with all the “alternative” hunger and thirst for someone, anyone, to topple the banking cartel, they’ll give their complete and blind allegiance to that […]

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